infobeans technologies has formally responded to a query raised by the National Stock Exchange of India Limited (NSE) concerning a discrepancy observed in the submission of its financial results for the quarter ended March 31, 2026. The company's response, dated May 07, 2026, was submitted by Company Secretary and Compliance Officer Surbhi Jain.

Clarification on Signing Authority

The NSE, via an email dated April 30, 2026, had flagged that the submitted financial results were not signed by the Chairperson, Managing Director, or a Whole Time Director of the company. InfoBeans Technologies addressed this concern by clarifying that the financial results were signed by Mr. Avinash Sethi in his capacity as Director and Chief Financial Officer of the company. The company confirmed that Mr. Sethi was duly authorized to sign the financial results at the Board Meeting held on April 28, 2026.

The key details of the clarification are summarized below:

Declaration on Unmodified Audit Opinion

In a separate but concurrent communication dated May 07, 2026, InfoBeans Technologies also submitted a Declaration on Unmodified Opinion in Audit Report to both NSE and BSE Limited, pursuant to Regulation 33(3)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The declaration confirms that the company's statutory auditors have issued a clean audit opinion on its annual financial results. The relevant details are as follows:

The declaration was also submitted in XBRL mode as part of the company's compliance obligations. Both communications were signed digitally by Surbhi Jain, Company Secretary and Compliance Officer, on May 07, 2026.

InfoBeans Technologies Limited announced exceptional financial performance for the fourth quarter and full year ended 31 March 2026, with the Board of Directors meeting on 28 April 2026 to approve the audited standalone and consolidated financial results. The company described FY26 as a "breakout year," crossing the ₹500 Cr revenue milestone for the first time. An earnings call held on 28 April 2026 provided further management commentary on strategy, AI initiatives, and growth outlook, with the transcript subsequently filed with stock exchanges on 4 May 2026 by Company Secretary and Compliance Officer Surbhi Jain.

Full Year FY26 — A Breakout Year

InfoBeans Technologies delivered outstanding annual performance with revenue growing 32% year-on-year in INR terms to ₹539 Cr from ₹410 Cr in FY25, and 24% in USD terms. EBITDA for FY26 reached ₹138 Cr, registering robust 64% growth over ₹84 Cr in FY25. Most notably, Profit After Tax more than doubled to ₹87 Cr for FY26 from ₹38 Cr in FY25, reflecting a 128% year-on-year increase. Management highlighted that the 32% revenue growth translated into a 128% PAT growth — a ripple effect demonstrating strong operating leverage. EBITDA margin expanded from 20% to 26%, while PAT margin grew from 9% to 16% over the same period. The company has delivered a 23% CAGR on revenue since 2021.

Q4 FY26 — Best Quarter in Company History

The fourth quarter emerged as the best performing quarter in the company's history. Revenue for Q4 FY26 stood at ₹147 Cr, representing a 37% year-on-year increase and 6.50% sequential growth over Q3 FY26. In USD terms, revenue grew 27% year-on-year for the quarter. Profit After Tax for the quarter reached ₹21 Cr, a 104% increase year-on-year, with a PAT margin of 15% — up 5 percentage points from Q4 FY25. EBITDA for Q4 FY26 was ₹34 Cr, up 44% year-on-year, with an EBITDA margin of 23%, reflecting continued cost discipline and operational efficiency.

Client Base, Geography, and Headcount

InfoBeans Technologies closed FY26 with a headcount of 1,790, adding approximately 200 employees in Q4 FY26 alone — described by management as fulfillment of existing demand rather than anticipatory hiring. The company onboarded 24 new clients during the year, with approximately 7% of business coming from new clients and over 90% from repeat clients. The company counts 50 large enterprise clients, of which 18 are Fortune 500 companies, and 32 are enterprises valued over $1 billion. The top five clients contribute approximately 40% of revenue, while the top 10 contribute 57%.

Geographically, the US remains the largest market, contributing 53% of total revenue, followed by Europe at 35%, Middle East and UAE at 7%, and India and rest of the world (APAC) at 4%. Management noted that Germany in particular is performing strongly, and that the European share represents meaningful diversification from US exposure amid current macro uncertainties.

AI Strategy and New Product Launches

A central theme of the earnings call was the company's deepening commitment to AI-led software development. Currently, 43% of revenue is generated through AI-augmented software development, and management stated the aim is to reach 100% within the next 12 months. More than 50% of the team is already working on AI and AI-related development methodologies and tools. Co-founder Siddharth Sethi noted that clients are actively asking for AI-enabled development, and the company is also helping clients discover AI possibilities in their own end applications.

Coinciding with the earnings call, the company launched two significant AI products. The first, Insane SDD 2.0, is an evolution of the company's spec-driven development framework, described as a Tesla-inspired approach that enables business users to move from idea to enterprise-grade code at significantly faster speeds — enabling clients to potentially pursue 25 to 50 initiatives in the time previously required for five. The second launch, RAI (Reliability and Assurance Intelligence), is an AI assurance layer built natively as an agent on a software-as-a-service paradigm, designed to address the reliability and determinism challenges inherent in AI-generated outputs. The RAI agent is built with MCP (Model Context Protocol), enabling integration with multiple large language models. These launches complement the company's existing AI products, including Expona and Beantrail.

Dividend, Buyback, and Corporate Actions

The Board recommended a total dividend of INR 1.00 per equity share for FY 2025-26, comprising INR 0.50 as a normal dividend and INR 0.50 as a special dividend, owing to the company's excellent growth. This represents four times the previous year's dividend of 25 paisa per share (post-bonus adjustment), and amounts to approximately 11% of PAT for the fiscal year. The total dividend payout is subject to shareholder approval at the ensuing Annual General Meeting. The company has a paid-up capital of approximately 9.7 crore shares. During FY26, the company also issued bonus shares in the proportion of three bonus equity shares for every one existing equity share, effective from 2 March 2026. Additionally, the company conducted a share buyback, and management noted that promoters have a publicly stated commitment to dilute up to 3% of their shareholding by October 2026, with approximately 0.5% already sold in the last quarter. As of 31 March 2026, the share price stood at ₹123, with promoters holding 73% and the public holding 27%.

The company has granted 8,30,000 shares to 175 members over nine years under two ESOP schemes. The Board also approved the grant of 15,400 shares to two members under the ESOP programme.

IT Campus and Strategic Infrastructure

Management provided details on the company's planned IT campus in Indore, acquired from the Madhya Pradesh government. Co-founder Avinash Sethi clarified that this is not a new line of business but a strategic infrastructure investment. The land was described as being offered at a highly favourable cost in a central city location. The campus is intended to enable the company to meet ESG and green building standards required by enterprise RFPs, deploy solar panels and sewage treatment facilities, and create a state-of-the-art working environment. A cash flow analysis indicated that the cost of the campus can be recovered in approximately nine years relative to current rental outflows. Management noted that the company currently requires approximately 30-40% of the campus capacity, with the remaining 60% available for leasing until the company grows into the space.

Regulatory Compliance and Investor Communication

Pursuant to Regulation 47 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, InfoBeans Technologies filed a newspaper advertisement pertaining to financial results for the quarter and year ended 31 March 2026. The advertisement was published on 29 April 2026 in Business Standard (English) and Choutha Sansar (Hindi) newspapers. Under Regulation 30 of SEBI (LODR), 2015, the company made available both the audio recording and the transcript of the earnings call held on 28 April 2026, accessible on the company's website at https://infobeans.ai/investors/ , ensuring transparency and accessibility for investors and stakeholders.