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.

Infinity infoway Limited has received a patent grant from the Indian Patent Office for its proprietary ZEROTOUCH DaaS technology, marking a significant technological milestone for the company. The patent was granted on April 28, 2026, covering the company's innovative approach to secure document distribution.

Patent Details and Specifications

The granted patent encompasses a comprehensive method and system for securely distributing confidential documents. The patent details are structured as follows:

ZEROTOUCH DaaS Technology Framework

The patent represents the company's proprietary ZEROTOUCH DaaS (Device-as-a-Service) technology, which focuses on secure confidential document management and distribution. This technology addresses critical security requirements in document handling processes, providing organizations with enhanced protection mechanisms for sensitive information.

The company had previously disclosed in its prospectus that the patent application for its ZEROTOUCH DaaS technology was under examination by the Indian Patent Office. With this grant, the intellectual property relating to the company's ZEROTOUCH DaaS technology now stands duly registered in favor of the company.

Strategic Impact and Competitive Positioning

This patent grant strengthens Infinity Infoway Limited's intellectual property portfolio and reinforces its technological capabilities in the Device-as-a-Service segment. The proprietary method and system for secure distribution of confidential documents provides the company with a competitive advantage in the secure document management sector.

The patent protection extends for 20 years from the filing date, ensuring long-term intellectual property rights for the company's innovative technology. This development enhances the company's position in providing secure document solutions to enterprises requiring robust confidentiality measures.

Regulatory Compliance and Disclosure

The patent grant disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was formally communicated to BSE Limited on April 29, 2026, ensuring compliance with regulatory requirements for material developments affecting the company's intellectual property portfolio.