3IINFOTECH / Q4-FY26 / claim-ledger

Audit the questions that mattered.

3i Infotech · Analyst questions, management answers, and the quality of the response where the ledger is available.

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WatchQ4-FY26 · 2026-04-28Back to quarter ↗

Questions audited

Answered directly

45%

Numeric claims

Consistency

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Question ledger

What was answered, and how?

Santa Kumaran · Research desk

evasive

When will order wins reach 15-20 crores to achieve billion-dollar vision?

I'm with you that all the new winnings what you have seen they are of the smaller values in the range of around 2 cr to 5 cr with couple of them exceeding 5 crores but that's only a beginning...

Santa Kumaran · Research desk

direct

Has the company lost marquee BPS clients? How will it offset?

You're right and we have also made it public... India BPS has been facing headwinds... We consciously did not chase low-quality volumes... We have lost some good accounts there.

Santa Kumaran · Research desk

partial

What percentage of contingent liabilities will crystallize in FY27?

I'm not expecting any major hit as of now at least based on our current visibility I'm not expecting any huge hit to come in FI27 out of this contingent liability to occur.

Santa Kumaran · Research desk

evasive

Will management buy shares to show confidence?

I'll put it to our NLC committee of the board and see like if we can have some kind of a guidance or a suggestion to increase skin in the game from the directors or management side.

Santa Kumaran · Research desk

direct

Any plan for share buyback to support EPS?

As the business stabilizes and it'll generate consistent free cash flows, the board will obviously evaluate capital return options including dividends and if required repurchase of shares... but in the near term I don't think we are planning to distribute any capital at this stage.

Sanjay Kh · Research desk

evasive

When will operating income exceed expenses without other income?

I still personally feel that once you see the detailed financial you should see the break up of the other income and try to see we are already profitable from operating income point of view also and not just because of other income.

Sanjay Kh · Research desk

evasive

Can revenue grow at least 20% in FY27?

I'm not putting a number you ask me a number I'm not putting in number as of now because we don't do and give any forward guidance but yes the internal growth aspirations are much higher...

Sanjay Kh · Research desk

direct

Is there a strategic relationship with Nvcon Systems?

I think they are looking this investment more from a financial investment and not a strategic investment and we continue to wait and watch...

Rishi A · Research desk

evasive

Is the 2030 vision realistic given poor current metrics?

it's not a dream it's a yes it is stretch it is a wish it is a far off target but we are working... we have worked a lot in the last 24 months on creating execution plan...

Rishi A · Research desk

direct

Why was loss of 80cr revenue from ICA/IDFC not disclosed?

they are not the loss of clients, they are loss of contracts... the contract was for a particular period. The period has ended its own natural period. So as per guidelines there is no need to report if the contract is ending as per the contract terms.

Sanjie Patra · Research desk

partial

What were the AOP targets for FY26 and which were missed?

on the annual operating plans since we don't since the annual operating plan is not in the public domain I can only tell you the categories rather than sharing the exact numbers... revenue targets for sure... profitability we have actually overachieved...

Sanjie Patra · Research desk

direct

What would normalized profitability look like excluding one-time items?

if you exclude that US grant I think we are at roughly around 4% number EBITDA and we want to take that 4% EBITDA levels to our internal target is to take it to around early teens which is 13 14%...