INFINITYINFOWAY Information Technology 15 May 2026

Infinity Infoway Ltd — Q4 FY26

Q: What was Infinity Infoway's revenue in Q4 FY26?

Infinity Infoway reported revenue of ₹24 Cr in Q4 FY26, a +80% change year-over-year.

Infinity Infoway delivered a strong Q4 FY26 with revenue of ₹23.77 Cr (up 80% YoY), EBITDA of ₹10.57 Cr (up 64% YoY), and PAT of ₹7.01 Cr (up 60% YoY).

bullish high

Revenue ₹24 Cr +80%

EBITDA ₹11 Cr +64%

PAT ₹7 Cr +60%

EBITDA Margin 44.5% -420bps

Duration 40 min

Read Time 1 min read

Financial stats pending filing verification

2-Minute Summary

✦ AI-Generated from Full Transcript

Infinity Infoway delivered a strong Q4 FY26 with revenue of ₹23.77 Cr (up 80% YoY), EBITDA of ₹10.57 Cr (up 64% YoY), and PAT of ₹7.01 Cr (up 60% YoY). Growth was driven by a 20-year patent for zero-touch device-as-a-service, a ₹10.97 Cr Gujarat government AI order, and a ₹1.45 Cr annual contract from Madhya Pradesh. The company expects zero-touch to contribute 20-22% of FY27 revenue, with 150 machines deployed and a target of 3,000 machines over the medium term. EBITDA margin contracted ~420bps YoY to ~44.5% due to initial costs of scaling. Guidance for FY27 includes 60-70% revenue growth and stable margins. Key risk: execution on zero-touch deployment and international expansion in GCC amid geopolitical uncertainty.

Key Numbers

Zero-touch machines deployed 150

New

First batch of 150 machines ready for deployment; capacity to scale to 3,000-4,000 machines.

Education ERP revenue share 53%

N/A

Education ERP contributed 53% of FY26 revenue; industrial ERP 36%, online exams 10%, digital learning 13%.

Students served via zero-touch 640,000

New

Zero-touch expected to reach 6.4 lakh students across 20+ institutes in FY27.

Zero-touch market size in India $3B

N/A

Estimated annual market for question paper delivery and printing in India.

Management Guidance

FY27 revenue growth of 60-70%

Management expects revenue to grow 60-70% in FY27, driven by zero-touch and existing ERP segments.

Management guidance revenue

Zero-touch to contribute 20-22% of FY27 revenue

Zero-touch device-as-a-service is expected to account for 20-22% of total revenue in FY27.

Management guidance revenue

Zero-touch margin of 50-60%

Management expects 50-60% margins on zero-touch product due to patent protection.

Management guidance margins

Deploy 30% of first 3,000 zero-touch machines in FY27

Plan to deploy ~900 machines (30% of 3,000) in FY27, scaling to 3,000 over time.

Management guidance growth

Key Risks

Geopolitical risk in GCC expansion

War conditions in Gulf region may hinder physical business activities; management relies on digital marketing to mitigate.

medium · analyst_question

Competition from large players like TCS Ion and Zoho

Large tech firms expanding AI-driven ERP could pressure Infinity's market share in education and MSME segments.

medium · analyst_question

Execution risk in zero-touch scaling

Scaling from 150 to 3,000 machines requires manufacturing capacity and sales execution; delays could impact revenue.

high · data_observation

Time Pay card launch delays

Fintech collaboration with NPST pending issuer bank approvals; revenue contribution may be delayed beyond Q1 FY27.

low · management_commentary

Notable Quotes

We are expecting the contribution of the revenue from zero touch in this financial year around 20 to 22%.

Babesh Kumar Gadetria · Managing Director

We have a capacity around 3 to 4,000 machine we can build and the longer run we can also build or deploy more than 10,000 machine.

Babesh Kumar Gadetria · Managing Director

We are expecting around 50 to 60% margin on on running of this project.

Babesh Kumar Gadetria · Managing Director

Frequently Asked Questions

What was Infinity Infoway's revenue in Q4 FY26?

Infinity Infoway reported revenue of ₹24 Cr in Q4 FY26, representing a +80% change compared to the same quarter last year.

What guidance did Infinity Infoway management give for FY27?

FY27 revenue growth of 60-70%: Management expects revenue to grow 60-70% in FY27, driven by zero-touch and existing ERP segments. Zero-touch to contribute 20-22% of FY27 revenue: Zero-touch device-as-a-service is expected to account for 20-22% of total revenue in FY27. Zero-touch margin of 50-60%: Management expects 50-60% margins on zero-touch product due to patent protection. Deploy 30% of first 3,000 zero-touch machines in FY27: Plan to deploy ~900 machines (30% of 3,000) in FY27, scaling to 3,000 over time.

What are the key risks for Infinity Infoway in FY27?

Key risks include Geopolitical risk in GCC expansion — War conditions in Gulf region may hinder physical business activities; management relies on digital marketing to mitigate.; Competition from large players like TCS Ion and Zoho — Large tech firms expanding AI-driven ERP could pressure Infinity's market share in education and MSME segments.; Execution risk in zero-touch scaling — Scaling from 150 to 3,000 machines requires manufacturing capacity and sales execution; delays could impact revenue.; Time Pay card launch delays — Fintech collaboration with NPST pending issuer bank approvals; revenue contribution may be delayed beyond Q1 FY27..

Did Infinity Infoway meet its previous quarter's guidance?

Scorecard data is being built as historical quarters are processed.

Where can I read the full Infinity Infoway Q4 FY26 concall transcript?

The full earnings conference call transcript or source release is available on the linked source material. This page provides an AI-generated summary with filing verification status shown on the financial stats.