InfoBeans Technologies Ltd. (INFOBEAN) AI Stock Analysis

• Market Cap: ₹12.74B
• Dividend Yield: 0.13%
• Average Volume (3M): 62.99K
• Price to Earnings (P/E): 25.8
• Beta (1Y): 1.52
• Revenue Growth: 14.57%
• EPS Growth: 80.44%
• Country: IN
• Employees: 1,501
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): 1.99
• Shares Outstanding: 96,959,440
• 10 Day Avg. Volume: 32,478
• 30 Day Avg. Volume: 62,994
• PEG Ratio: 0.28
• Price to Book (P/B): 2.19
• Price to Sales (P/S): 1.84
• P/FCF Ratio: 15.15
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 67 Neutral
• Price Target: ₹134.00 ▼(-82.95% Downside)
• Action: Downgraded Date: 03/10/26
• Date: Action: Downgraded 03/10/26

The score is primarily supported by strong financial performance (healthy growth, profitability, and capital structure). However, the overall rating is pulled down by weak technical conditions (price below key moving averages, negative MACD, and very oversold momentum), while valuation is only moderate due to a mid-to-high P/E and a very low dividend yield.

Positive Factors

Revenue Growth

Sustained ~22% revenue growth indicates durable demand for InfoBeans' services and successful client expansion. Over 2-6 months this growth underpins recurring managed services, cross-sell opportunities across cloud, data and app engineering, and funds reinvestment into capabilities.

Stable Profitability

Consistent gross and net margins reflect efficient delivery economics and cost control from offshore/onsite delivery. Stable profitability supports reinvestment in talent and platforms and provides a durable cushion against project-level volatility over the medium term.

Healthy Balance Sheet

Prudent leverage and a strong equity base give InfoBeans financial flexibility to fund investments, absorb shocks, and pursue strategic hires or smaller M&A. Healthy ROE shows effective capital use and supports sustained operations and client delivery capacity.

Negative Factors

Free Cash Flow Variability

Intermittent swings in free cash flow driven by capex or investing cycles can constrain discretionary spending and timing of strategic investments or dividends. Over several months this variability increases execution risk for growth initiatives and working capital planning.

Limited Forward Guidance

Absence of formal guidance and detailed earnings highlights reduces visibility into near-term revenue and margin trajectory. For 2-6 months this limits investor and client transparency around capacity planning and makes forecasting of resource allocation harder.

Low Dividend Yield

A very low dividend yield signals minimal cash returned to shareholders, which may deter income-focused investors. Over the medium term, this implies retained earnings are prioritized for reinvestment but reduces direct shareholder income and may pressure sentiment.

InfoBeans Technologies Ltd. Business Overview & Revenue Model

Company Description

InfoBeans Technologies Limited designs, builds, and sustains enterprise-grade software solutions. The company offers automation services, such as continuous integration and delivery, build automation, automated testing, and hybrid test automation framework; Salesforce services, including administration, development, integration, and configuration; implementation, customization, and system integration services for IT service management, HRSD, and business and operations management, as well as managed and consulting services. It also provides products engineering services comprising product ideation, design and development, testing, and deployment and sustenance. In addition, the company offers digital transformation services consisting of data, infrastructure, application migration, data conversion, fabrication, visualization, digitization, and applications, as well as UX and prototyping, interfacing and integration, cloud-native and mobile solutions. Further, it provides enterprise platform, enterprise-scale development, and frameworks, as well as build and release automation, automated testing framework robotic process automation, and ongoing transformation environment adoption, training services. The company was incorporated in 2000 and is headquartered in Indore, India.

How the Company Makes Money

InfoBeans primarily makes money by providing IT services to business clients under contractual engagements. Its main revenue stream is services revenue from (1) time-and-materials billing, where clients pay for consultant/developer time at agreed rates; and (2) fixed-price/fixed-scope projects, where the company earns a contracted project fee while managing delivery costs to generate margin. It also earns revenue from longer-term managed services and application maintenance/support contracts, which provide recurring billing for operating and enhancing client systems. Additional service lines such as cloud/enterprise platform implementation, data/analytics, automation, and UI/UX contribute revenue as project-based work or as ongoing support/managed services attached to implementations. Specific details on revenue split by service line, named partnerships, customer concentration, or pricing metrics are null.

InfoBeans Technologies Ltd. Financial Statement Overview

Summary

Strong overall fundamentals supported by solid income statement performance (revenue growth, stable margins, healthy EBIT/EBITDA), a robust balance sheet (prudent leverage and healthy ROE), and generally strong cash generation, though free cash flow has shown some historical fluctuations tied to capex/investing.

Income Statement

InfoBeans Technologies Ltd. has demonstrated strong revenue growth, with a consistent upward trajectory in total revenue over the past years. The gross profit margin and net profit margin have shown stability, indicating efficient cost management. Notably, the EBIT and EBITDA margins also reflect healthy profitability, which is commendable for a software application company.

Balance Sheet

The company maintains a robust balance sheet with a favorable debt-to-equity ratio, suggesting prudent financial leverage. The equity ratio is strong, indicating a solid capital structure. Additionally, the return on equity is healthy, showcasing effective use of shareholder funds to generate profits.

Cash Flow

InfoBeans Technologies Ltd. has displayed consistent growth in free cash flow, reflecting effective cash management. The operating cash flow to net income ratio is robust, indicating strong cash generation relative to profits. However, historical fluctuations in free cash flow highlight the need for careful management of capital expenditures and investing activities.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	4.37B	3.95B	3.69B	3.85B	2.71B	1.80B
Gross Profit	1.27B	923.40M	676.00M	839.20M	769.40M	618.60M
EBITDA	1.08B	683.80M	623.00M	845.60M	833.10M	543.90M
Net Income	634.90M	379.70M	224.70M	359.60M	549.80M	368.30M
Balance Sheet
Total Assets	4.42B	4.12B	4.05B	4.23B	4.14B	2.45B
Cash, Cash Equivalents and Short-Term Investments	1.95B	1.73B	1.32B	1.15B	646.40M	399.80M
Total Debt	242.90M	197.00M	244.90M	364.70M	308.40M	385.00M
Total Liabilities	739.00M	798.40M	1.09B	1.51B	1.85B	643.90M
Stockholders Equity	3.68B	3.32B	2.96B	2.72B	2.32B	1.81B
Cash Flow
Free Cash Flow	481.70M	479.90M	416.50M	719.50M	751.20M	-8.76B
Operating Cash Flow	526.40M	500.30M	435.40M	772.70M	810.30M	346.20M
Investing Cash Flow	-303.70M	-273.40M	-247.40M	-734.00M	-475.60M	-247.50M
Financing Cash Flow	-175.10M	-130.00M	-150.30M	-139.20M	-150.80M	19.70M

InfoBeans Technologies Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 786.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:INFOBEAN, the sentiment is Negative. The current price of 786 is above the 20-day moving average (MA) of 159.71, above the 50-day MA of 193.06, and above the 200-day MA of 153.04, indicating a bearish trend. The MACD of -19.34 indicates Positive momentum. The RSI at 33.43 is Neutral, neither overbought nor oversold. The STOCH value of 48.88 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:INFOBEAN.

InfoBeans Technologies Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
INNOVANA	68 Neutral	₹7.11B	22.14	―	―	25.98%	18.29%
INFOBEAN	67 Neutral	₹12.74B	25.81	―	0.13%	14.57%	80.44%
MINDTECK	63 Neutral	₹5.14B	32.30	―	0.50%	0.23%	10.64%
VERTOZ	63 Neutral	₹3.01B	24.54	―	―	21.99%	-14.27%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
SILVERTUC	58 Neutral	₹14.82B	63.12	―	0.06%	16.93%	36.77%
SUBEXLTD	46 Neutral	₹4.26B	56.55	―	―	-9.53%	96.99%

InfoBeans Technologies Ltd. Corporate Events

InfoBeans Co-founder to Host Exclusive Virtual Investor Session on 8 February

InfoBeans Technologies Ltd. has announced that co-founder and promoter Avinash Sethi will participate in an exclusive virtual investor session organized by Divitiae Investments on 8 February 2026, between 11:30 a.m. and 12:30 p.m. IST, with prior registration required. The interaction, disclosed under SEBI’s listing and disclosure regulations, underscores the company’s ongoing efforts to maintain transparent communication with the investment community and may offer investors further insight into management’s outlook and strategy.

InfoBeans Publishes Earnings Call Audio for December 2025 Quarter

InfoBeans Technologies Ltd. has notified the stock exchanges that the audio recording of its earnings call held on 23 January 2026, discussing the unaudited financial results for the quarter ended 31 December 2025, has been made available on the company’s website. The move enhances disclosure and accessibility for investors and other stakeholders, allowing them to review management’s commentary on quarterly performance and outlook at their convenience.

InfoBeans Technologies Updates Exchanges on Analyst and Institutional Investor Meetings

InfoBeans Technologies Ltd. informed the stock exchanges that its management held meetings with various analysts and institutional investors on January 30, 2026, in compliance with SEBI’s Listing Obligations and Disclosure Requirements Regulations. The interactions, conducted both in-person and virtually with entities including Club Millionaire Financial Services, Korman Capital Investment Advisors, Pugmark Fund and Courser Park Advisors, underscore the company’s ongoing investor engagement and transparency efforts, which are important for maintaining market confidence and regulatory compliance.

InfoBeans Technologies Releases Q3 FY2025 Investor Presentation

InfoBeans Technologies Ltd. has released an investor presentation detailing its financial results for the third quarter ended 31 December 2025, and has submitted this presentation to the National Stock Exchange of India and BSE for the information of shareholders and market participants. The disclosure underscores the company’s ongoing engagement with investors and regulatory compliance, providing stakeholders with updated financial performance data for the latest reported quarter.

InfoBeans Board Clears Quarterly Results, 3:1 Bonus Issue and Quadrupling of Authorised Capital

InfoBeans Technologies Ltd. announced that its board has approved the unaudited standalone and consolidated financial results for the quarter ended December 31, 2025, which have been reviewed and uploaded on the company’s website. In the same meeting, the board approved a significant 3-for-1 bonus equity share issue, set a record date of February 27, 2026 to determine shareholder entitlement, and cleared a proposal to increase authorised share capital from Rs. 25 crore to Rs. 100 crore, all subject to shareholder approval via postal ballot and other regulatory clearances, signaling an aggressive capital expansion and shareholder-reward strategy.

InfoBeans Technologies Sets February 27, 2026 Record Date for Bonus Shares

InfoBeans Technologies Ltd. has set 27 February 2026 as the record date to determine shareholder eligibility for receiving bonus equity shares, following a board meeting held on 22 January 2026. The move signals a shareholder-friendly capital allocation decision that will expand the company’s equity base and may enhance stock liquidity, offering existing investors additional shares in proportion to their current holdings.

InfoBeans Posts Stellar Q3 FY26 Results, Announces 3:1 Bonus Issue

InfoBeans Technologies Ltd. reported exceptional results for the third quarter of FY 2025-26, with revenue rising 38% year-on-year to ₹138 crore and profit after tax surging 173% to ₹19 crore, driven by strong demand across all geographies and improved margins from cost-optimization measures. EBITDA grew 89% year-on-year, and despite a sequential dip in EBITDA and PAT versus the previous quarter, the company underscored its confidence in future growth by announcing a 3:1 bonus share issue, adding three new clients, hiring 77 new employees, and outlining an aggressive investment strategy focused on scaling sales, building specialized high-growth teams and deepening engagement with large enterprise clients.

InfoBeans Board Clears 3:1 Bonus Issue and Quadruples Authorised Share Capital

InfoBeans Technologies Ltd. reported that its board of directors has approved the unaudited standalone and consolidated financial results for the quarter ended 31 December 2025, which will be made available on the company’s website. The board also cleared a significant bonus issue of equity shares in a 3:1 ratio, granting shareholders three fully paid bonus shares for every one share held as of the record date of 27 February 2026, and approved an increase in authorised share capital from Rs. 25 crore to Rs. 100 crore, subject to shareholder consent via postal ballot, moves that collectively signal an expansionary capital structure and are likely to enhance liquidity and broaden the shareholder base.

InfoBeans Board Clears 3:1 Bonus Issue and Quadruples Authorised Share Capital

InfoBeans Technologies Ltd.’s board has approved a substantial bonus share issue in the ratio of 3:1, granting shareholders three new fully paid equity shares of Rs 10 each for every one share held as of the record date of 27 February 2026. At the same meeting on 22 January 2026, the board also cleared the company’s unaudited standalone and consolidated financial results for the quarter ended 31 December 2025, and agreed to increase authorised share capital from Rs 25 crore to Rs 100 crore, divided into 10 crore equity shares, subject to shareholder approval via postal ballot. The planned bonus issue and capital expansion signal an aggressive capital structure move that could enhance liquidity in the stock and position the company for future growth, contingent on requisite member and regulatory approvals.

InfoBeans Clarifies Media Article Carries No New Price-Sensitive Information

InfoBeans Technologies has notified stock exchanges about a recently published unsponsored media article titled “The InfoBeans Story,” which focuses on the company’s journey, values and culture. The company clarified that the article contains no undisclosed material information, price-sensitive details, new business developments, financial data or corporate actions, and said the disclosure was made purely in the interest of regulatory compliance and transparency under SEBI’s listing obligations framework, implying no immediate operational or financial impact for investors or other stakeholders.