Risk Intelligence
Geopolitical risk in GCC expansion
View Risks →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).
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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.
Geopolitical risk in GCC expansion
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Read Transcript →First batch of 150 machines ready for deployment; capacity to scale to 3,000-4,000 machines.
Education ERP contributed 53% of FY26 revenue; industrial ERP 36%, online exams 10%, digital learning 13%.
Zero-touch expected to reach 6.4 lakh students across 20+ institutes in FY27.
Estimated annual market for question paper delivery and printing in India.
Management expects revenue to grow 60-70% in FY27, driven by zero-touch and existing ERP segments.
War conditions in Gulf region may hinder physical business activities; management relies on digital marketing to mitigate.
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