Infinity Infoway Ltd
Incorporated in 2008, Infinity Infoway Limited is a leading SaaS company specializing in customized cloud-based ERP (Enterprise Resource Planning) solutions.[1]
- Market Cap ₹ 207 Cr.
- Current Price ₹ 380
- High / Low ₹ 484 / 294
- Stock P/E 32.4
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 61.7 %
- ROE 47.3 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 62.6%
Cons
- Company has high debtors of 157 days.
- Working capital days have increased from 72.4 days to 132 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Information Technology Information Technology IT - Services IT Enabled Services
Part of BSE SME IPO
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| 5.17 | 10.17 | 13.19 | |
| 3.70 | 5.24 | 7.02 | |
| Operating Profit | 1.47 | 4.93 | 6.17 |
| OPM % | 28.43% | 48.48% | 46.78% |
| 0.21 | 0.17 | 0.29 | |
| Interest | 0.08 | 0.06 | 0.04 |
| Depreciation | 0.33 | 0.40 | 0.78 |
| Profit before tax | 1.27 | 4.64 | 5.64 |
| Tax % | 25.98% | 25.22% | 25.71% |
| 0.94 | 3.47 | 4.19 | |
| EPS in Rs | 940.00 | 3,470.00 | 10.81 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 30% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 21% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 63% |
| Last Year: | 47% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 3.88 | 3.88 |
| Reserves | 1.57 | 5.02 | 8.80 | 22.44 |
| 0.70 | 0.48 | 0.22 | 0.72 | |
| 1.31 | 2.59 | 2.02 | 1.25 | |
| Total Liabilities | 3.59 | 8.10 | 14.92 | 28.29 |
| 1.06 | 1.34 | 3.11 | 5.85 | |
| CWIP | 0.00 | 0.00 | 0.01 | 0.00 |
| Investments | 0.00 | 0.10 | 0.20 | 0.00 |
| 2.53 | 6.66 | 11.60 | 22.44 | |
| Total Assets | 3.59 | 8.10 | 14.92 | 28.29 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| 1.40 | 2.22 | 2.40 | |
| -0.80 | -1.16 | -2.84 | |
| -0.38 | -0.27 | 3.19 | |
| Net Cash Flow | 0.22 | 0.80 | 2.75 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Debtor Days | 89.66 | 144.28 | 157.46 |
| Inventory Days | |||
| Days Payable | |||
| Cash Conversion Cycle | 89.66 | 144.28 | 157.46 |
| Working Capital Days | 13.41 | 71.78 | 132.00 |
| ROCE % | 120.67% | 61.71% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Education ERP Active AMCs Count ・Standalone data |
|
||
| Education ERP Software Deployed Count ・Standalone data |
|||
| Employee Attrition Rate Percentage ・Standalone data |
|||
| Geographic Reach (Number of States) Count ・Standalone data |
|||
| Industrial Active AMCs Count ・Standalone data |
|||
| Industrial Software Deployed Count ・Standalone data |
|||
| Number of Personnel Headcount ・Standalone data |
|||
| Students Served Number ・Standalone data |
|||
| Total Exams Conducted (Online/OES) Number ・Standalone data |
|||
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
26 Feb - Awarded ₹10.97 Crore five-year AI-based data analytics contract by Knowledge Consortium of Gujarat, agreement dated 25 Feb 2026.
-
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
2 Feb - Education software contract with Barkatullah Vishwavidyalaya: ~₹1.45 Cr/year, 5-year term, signed 02-Feb-2026.
-
Disclosure Under Regulation 30 For Grant Of ESOP To The Director Mr. Nikunj Vrajlal Gajera , Wholetime Director
29 Jan - Granted 20,000 ESOPs to Wholetime Director Nikunj Gajera at ₹10, grant date 29-Jan-2026; shareholder approval obtained.
-
Disclosure Under Regulation 30 Of SEBI For Appointment Of Secretarial Auditor
29 Jan - Appointed CS Janvi N. Davda as secretarial auditor for FY2025-26 on 29.01.2026.
-
Board Meeting Outcome for 1.Financial Results
2. Grant Of Esop
3. Appointment If Secretarial Auditor
29 Jan - Unaudited results quarter ended 31-Dec-2025: Q PAT ₹157.14L; 9M PAT ₹437.27L. Granted 35,825 ESOPs (20,000 to director).
Business Profile[1]
Infinity Infoway Limited is a Software-as-a-Service (SaaS) company primarily engaged in providing customized and integrated Enterprise Resource Planning (ERP) solutions across multiple sectors — mainly education, manufacturing, retail, and construction.
The company also offers Online Examination Systems (OES) and a self-learning digital education platform, Brainzorg. It has successfully deployed its “Campus Management System” ERP in 26 universities across India, with 22 universities under active AMC contracts.[2]