InfoBeans Technologies Limited
NSE: INFOBEAN | BSE: 543644 | Sector: IT – Software Services (Small-Cap IT Services)
Business Overview
InfoBeans Technologies Limited is an Indore-headquartered IT services and digital transformation company, incorporated in 2000 and listed on NSE/BSE since 2017. It offers cloud, automation, UX design, product engineering, and Salesforce/ServiceNow/Creatio implementation services, alongside its proprietary generative-AI accelerator (‘Expona’) and CMMI Level-5 certified delivery. Its clients span BFSI, healthcare, manufacturing, and media across the US, Europe, and the Middle East. FY26 revenue grew around 30% YoY to ₹514 Cr, with PAT more than doubling (up 128%) to 87 Cr after a soft FY24. The company completed a 3:1 bonus issue in 2026 and remains virtually debt-free. It reported FY25 consolidated revenue of ₹395 Cr and promoter holding at 72.84%. A key watch-point is working capital days, which have risen sharply from 94 to179 days, pointing to slower cash conversion despite the strong topline and profit rebound.
Financial Summary
Technical Snapshot
InfoBeans rallied sharply from its 52-week low of ₹88.3 to a high of 257.5 in January 2026, more than doubling on the back of strong order-book momentum and a sharp FY26 profit recovery (PAT up 128% YoY). Since then, the stock has cooled off and is now consolidating in a tight range around its 50-day and 200-day moving averages (near 161–171), reflecting digestion of the prior rally rather than fresh weakness. Price action suggests a base is forming. A sustained move above ₹170 could open the path toward ₹180. On the downside, a break below 148 would weaken the base and risk a slide toward 130–135.
