Infinity Infoway Limited launched its proprietary AI-enabled ZeroTouch Device-as-a-Service (DaaS) platform on May 15, 2026, at Jaipur. The company made a voluntary disclosure to BSE on May 16, 2026, under Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, informing the exchange of the launch and the media coverage it received across multiple national and regional publications.

ZeroTouch DaaS: Platform Overview

The ZeroTouch DaaS platform has been developed as an integrated secure examination paper distribution system. According to the company's disclosure, the platform is designed to enable digital upload, controlled access, automated printing, and tamper-resistant dissemination of confidential examination papers through secure technology infrastructure.

Bhavesh Gadethariya, founder and MD of Infinity Infoway Limited, described the platform's working at the Jaipur launch event. The key features of the ZeroTouch system, as stated by the company, are summarised below:

Exam Security and Business Context

According to media reports cited in the company's disclosure, the ZeroTouch platform combines AI-driven digital selection of question papers with automated last-mile printing, stapling, and sealed packaging. The company described the system's "just-in-time" execution model, where papers are processed only approximately two hours before the examination, as a key differentiator that limits human intervention and reduces leak risks.

The platform is specifically developed for schools, universities, competitive examinations, and large educational institutions. Infinity Infoway stated that it currently works with the education departments of the Madhya Pradesh and Gujarat state governments and has provided ERP and examination solutions to more than 50 state and private universities.

Broader Product Portfolio in Education Technology

Alongside ZeroTouch, the company has developed several education-focused technology offerings:

• NEP-based ERP systems with AI integration for data-driven academic planning, operational efficiency, and digital management
• Online Examination System (OES) for secure examination administration
• Brainzorg, a self-learning platform providing digital courses and online learning facilities for students and professionals

With the ZeroTouch DaaS launch, Infinity Infoway indicated a strategic expansion of its business model from software services to hardware-integrated solutions, positioning itself in the AI-based ERP, online examination systems, and secure document distribution segments.

Media Coverage and Regulatory Disclosure

The company's voluntary disclosure under Regulation 30 referenced coverage across the following media platforms:

The disclosure was submitted by Bharti Ajudiya, Company Secretary and Compliance Officer of Infinity Infoway Limited, from Rajkot on May 16, 2026, and was stated to be voluntary in the interest of transparency and wider dissemination of business developments to shareholders and the public.

Infinity Infoway Limited announced its audited standalone and consolidated financial results for the financial year ended March 31, 2026, following a Board meeting held on May 4, 2026. The company reported revenue from operations of Rs 2,377.03 crore for FY26, compared to Rs 1,319.23 crore in the previous year. Total income for the year stood at Rs 2,446.33 crore, while total expenses amounted to Rs 1,481.55 crore. Profit after tax for FY26 reached Rs 701.15 crore, up from Rs 438.34 crore in the preceding year. Basic earnings per share increased to Rs 15.11 from Rs 11.77 in FY25. The statutory auditors issued audit reports with unmodified opinions on both standalone and consolidated financial results.

Financial Performance Summary

The table below presents the key financial metrics for the year ended March 31, 2026, compared to the previous year:

Q4 FY26 Earnings Conference Call Highlights

Infinity Infoway held its Q4 FY26 Analyst/Investor Earnings Conference Call on May 05, 2026, with Managing Director Mr. Bhaveshkumar Gadethariya and Whole Time Director Mr. Nikunj Gajera addressing stakeholders. Management described FY26 as a "strong and defining year," citing revenue growth of approximately 80%, EBITDA growth of 64% to Rs 10.57 crore lakhs, and PAT growth of 60% to Rs 7.01 crore lakhs, driven by strong execution and operating leverage. The company reported employee attrition of 16.55% and highlighted its focus on ESOP schemes and employee engagement initiatives. Management also noted that two new AI-based products are planned for introduction in the upcoming period, with existing ERP solutions already upgraded with AI capabilities.

Nikunj Gajera outlined the company's transformational journey since its incorporation in 2008, noting key milestones including the BSE listing, major ERP orders, and government projects. As of the call, Infinity Infoway has a team of 156 members, presence across six states in India, engagements with 55-plus universities, experience across 11 industries, and seven tenders secured in the last year.

Business Overview and Strategic Initiatives

Infinity Infoway is a Software-as-a-Service (SaaS) company primarily engaged in providing AI-based integrated Enterprise Resource Planning (ERP) solutions across education, manufacturing, corporate, and retail sectors. The company has developed NEP-enabled ERP products integrated with AI capabilities. During FY26, the company was granted a 20-year patent for its ZEROTOUCH DaaS technology — described by management as a complete process patent covering question paper generation, delivery, printing, stapling, and packing — and secured key orders including a Rs 10.97 crore project from the Government of Gujarat related to AI-based data analysis for higher education, and a Rs 1.45 crore annual contract from Barkatullah University. The company also entered FinTech through a strategic integration with TimePay via collaboration with NPST, with the TimePay prepaid card having completed its pilot project and awaiting final design approval from the issuing bank (NSDL Payment Bank) before going live.

The revenue mix across product segments and state-wise bifurcation is presented below:

ZeroTouch Deployment and Growth Outlook

Management highlighted ZeroTouch as a key growth driver for the company. Approximately 150 machines are ready for deployment, with plans to reach more than 6.4 lakh students across three-plus universities and 20-plus institutes. ZeroTouch is expected to contribute approximately 20% to 22% of total revenue in the current financial year. The company has a near-term manufacturing capacity of 3,000 to 4,000 machines, with longer-term capacity exceeding 10,000 machines. Management indicated plans to deploy approximately 30% of the first 3,000 machines in FY27, with a further 30% to 35% in the following year. Margins on the ZeroTouch product are expected at approximately 50% to 60%. The ZeroTouch market in India for question paper delivery and printing was cited as more than $3 billion annually, with the company targeting 1% to 2% market share in the near term, scaling to up to 10% over subsequent years.

For FY27, management guided overall revenue growth of approximately 60% to 70%. On international expansion, the company is targeting the Gulf Cooperation Council (GCC) market, with UAE as the first priority, followed by Saudi Arabia and Bahrain. Marketing activities outside India have already been initiated, with a team hired in the Gulf region and a digital-first approach adopted for demonstrations and client engagement.

Board Decisions, Appointments, and IPO Fund Utilization

The Board of Directors approved the appointment of M/s. D J Rupareliya & Company, Chartered Accountants (FRN: 130692W), as the Internal Auditor for the financial year 2026-27, based on the recommendation of the Audit Committee. The appointment was approved at the Board meeting held on January 29, 2026, and became effective May 4, 2026, pursuant to Section 138 of the Companies Act, 2013.

The proceeds from the IPO net of issue expenses amounted to Rs 2,200.86 crore. As of March 31, 2026, the company had utilized Rs 1,109.27 crore, with Rs 1,091.59 crore remaining unutilized. The utilization included Rs 375.00 crore for the development of the ZeroTouch DaaS solution and Rs 260.56 crore for the purchase of new IT infrastructure and certification. The consolidated financial results included the financial information of Infinity Transsoft Solution Private Limited, an associate company in which Infinity Infoway holds a 49.42% stake, which reported total assets of Rs 1,138.11 crore and total revenue of Rs 1,493.96 crore for the year ended March 31, 2026.