Infobeans Technologies Ltd
NSE:INFOBEAN
Infobeans Technologies Ltd
InfoBeans Technologies Ltd. engages in the provision of software development services. The company is headquartered in Indore, Madhya Pradesh. The company went IPO on 2017-05-02. The firm specializes in business applications for Web and mobile, and operate at capability maturity model integration (CMMI) level three. The Company’s verticals are categorized as storage and virtualization, media and publishing and e-commerce, while the business segments include product engineering, digital transformation and automation and development and operations (DevOp). Its digital transformation solutions include cloud, user experience (UX), application modernization, packaged implementation, and enterprise mobility. Its product engineering solutions include robotic process automation (RPA), salesforce, ServiceNow, continuous integration and continuous delivery (CICD) and agile testing framework (ATF), content management system (CMS), automation, and data transformation. The company serves markets, such as the United States of America, Middle East, Europe and India.
InfoBeans Technologies Ltd. engages in the provision of software development services. The company is headquartered in Indore, Madhya Pradesh. The company went IPO on 2017-05-02. The firm specializes in business applications for Web and mobile, and operate at capability maturity model integration (CMMI) level three. The Company’s verticals are categorized as storage and virtualization, media and publishing and e-commerce, while the business segments include product engineering, digital transformation and automation and development and operations (DevOp). Its digital transformation solutions include cloud, user experience (UX), application modernization, packaged implementation, and enterprise mobility. Its product engineering solutions include robotic process automation (RPA), salesforce, ServiceNow, continuous integration and continuous delivery (CICD) and agile testing framework (ATF), content management system (CMS), automation, and data transformation. The company serves markets, such as the United States of America, Middle East, Europe and India.
Strong Revenue Growth: InfoBeans reported 27% revenue growth year-on-year for the quarter, with a 5% increase sequentially and a healthy contribution from both new and existing clients.
Margin Expansion: EBITDA rose 57% from INR 23 crores to INR 36 crores, driven by improved utilization (now at 81%) and operational efficiencies.
Client Additions: The company added 6 new clients this quarter, including 3 large clients, maintaining a steady pace of client acquisition.
AI Investments: Management highlighted significant investment and momentum in AI and related technologies, positioning InfoBeans as an "AI-first" company.
Geographic Mix: Europe now accounts for 31% of revenue, up from 28% last quarter, while the US represents 56%, reflecting strong international growth.
Facility Expansion: InfoBeans is developing a new IT park in Indore, with plans to consume a significant portion for its own operations and lease out the rest, aiming to enhance its business credibility.
Healthy Financial Position: The company reported cash and cash equivalents of INR 292 crores, supporting ongoing investments and expansion without straining cash flows.
