---
title: "Infonative Solutions Ltd (544393) — Share Price, Financials & Analysis"
symbol: "544393"
company: "Infonative Solutions Ltd"
canonical: "https://tapetide.com/stocks/544393"
isin: "INE12IB01015"
nse_symbol: "INFONATIVESOLUTIONSLTD"
bse_code: "544393"
sector: "Information Technology"
industry: "IT Enabled Services"
market_cap_cr: 41.9
generated_at: "2026-09-13T20:56:39.104Z"
---

# Infonative Solutions Ltd (544393)

Canonical page: https://tapetide.com/stocks/544393

## Company

- **NSE Symbol:** INFONATIVESOLUTIONSLTD
- **BSE Code:** 544393
- **ISIN:** INE12IB01015
- **Sector:** Information Technology
- **Industry:** IT Enabled Services
- **Macro Sector:** Information Technology
- **Stock Type:** EQUITY
- **Listed Since:** 2025-04-08
- **Face Value:** ₹1
- **F&O Eligible:** No
- **Website:** infonative.net

## About

Incorporated in 2014, Infonative Solutions Ltd offers custom learning development solutions.[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:44:54.135421Z.

- **Market Cap:** ₹41.9 Cr
- **Classification:** SME
- **P/E (reported):** 14.7
- **Book Value:** ₹32.96
- **Price to Book:** 1.07
- **Dividend Yield:** 0%
- **ROE:** 37.05%
- **ROCE:** 46.07%
- **Debt to Equity:** 0.13
- **Revenue (yearly):** ₹23.02 Cr
- **Net Income:** ₹2.86 Cr
- **EBITDA:** ₹3.32 Cr
- **52-Week High:** ₹42.27
- **52-Week Low:** ₹22.09
- **RSI (14):** 14.94

## Tapetide Score

- **Score:** 62 / 100
- **Score date:** 2026-09-04
- **Archetype:** Priced for Perfection
- **What it means:** The business scores well but the multiple leaves little room for error. The debate here is about the price, not the company; small disappointments tend to cost more at rich valuations.
- **Pillar profile:** Quality: Good · Valuation: Expensive · Momentum: Rising
- **Percentile:** 92.5 (of 4473 scored stocks)
- **Confidence:** 86%
- **Data coverage:** 71%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 51.22 | 9% |
| growth | 44.79 | 9% |
| momentum | 91.14 | 12% |
| ownership | 63.89 | 24% |
| quality | 71.61 | 22% |
| valuation | 47.22 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Stock is trading at 1.09 times its book value

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Earnings include an other income of Rs.1.61 Cr.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| cash flow growth | 40.17% | 100.76% | 131.03% |
| ebitda margin growth | -66.88% | -13.76% | -29.02% |
| net income growth | -51.53% | 39% | 30% |
| revenue growth | 3.69% | 4% | 4.36% |
| roce | 163.71% | 151.75% | 31.04% |
| roe | 158.19% | 21.25% | 200% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Sales | 7.17 | 11.23 | 10.44 | 12.07 | 10.95 |
| Expenses | 6.82 | 6.06 | 7.1 | 10.15 | 9.54 |
| Operating Profit | 0.35 | 5.17 | 3.34 | 1.92 | 1.41 |
| OPM % | 4.88 | 46.04 | 31.99 | 15.91 | 12.88 |
| Other Income | 0.26 | 0.19 | 0.33 | 0.58 | 1.03 |
| Interest | 0.07 | 0.12 | 0.2 | 0.22 | 0.34 |
| Depreciation | 0.39 | 0.37 | 0.36 | 0.25 | 0.26 |
| Profit before tax | 0.15 | 4.87 | 3.11 | 2.03 | 1.84 |
| Tax % | -13.33 | 25.26 | 26.05 | 25.12 | 27.72 |
| Net Profit | 0.17 | 3.64 | 2.3 | 1.52 | 1.34 |
| EPS in Rs | 0.19 | 4.17 | 2.64 | 1.28 | 1.13 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Sales | 18.32 | 20.61 | 17.69 | 21.56 | 23.02 |
| Expenses | 15.09 | 18.89 | 15.24 | 13.05 | 19.69 |
| Operating Profit | 3.23 | 1.72 | 2.45 | 8.51 | 3.33 |
| OPM % | 17.63 | 8.35 | 13.85 | 39.47 | 14.47 |
| Other Income | 0.31 | 0.34 | 0.38 | 0.52 | 1.61 |
| Interest | 0.07 | 0.08 | 0.13 | 0.32 | 0.56 |
| Depreciation | 0.33 | 0.48 | 0.73 | 0.73 | 0.51 |
| Profit before tax | 3.14 | 1.5 | 1.97 | 7.98 | 3.87 |
| Tax % | 28.98 | 28.67 | 25.89 | 25.56 | 26.36 |
| Net Profit | 2.23 | 1.07 | 1.45 | 5.95 | 2.85 |
| EPS in Rs | — | — | 1.66 | 6.82 | 2.41 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.15 | 0.15 | 0.87 | 0.87 | 1.18 |
| Reserves | 7.44 | 8.51 | 9.23 | 15.18 | 37.87 |
| Borrowings | 0.46 | 2.49 | 1.97 | 4.05 | 4.93 |
| Other Liabilities | 2.5 | 2.38 | 2.3 | 4.9 | 3.87 |
| Total Liabilities | 10.55 | 13.53 | 14.37 | 25 | 47.85 |
| Fixed Assets | 0.71 | 1.7 | 2.13 | 1.41 | 20.37 |
| CWIP | 0 | 0 | 2.93 | 8.29 | 0 |
| Investments | 0.2 | 0.2 | 0 | 0 | 0 |
| Other Assets | 9.64 | 11.63 | 9.31 | 15.3 | 27.48 |
| Total Assets | 10.55 | 13.53 | 14.37 | 25 | 47.85 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | — | 0.34 | 3.46 | 4.85 | 3.08 |
| Cash from Investing Activity | — | -1.4 | -3.61 | -6.72 | -23.42 |
| Cash from Financing Activity | — | 1.96 | -0.65 | 1.84 | 20.53 |
| Net Cash Flow | — | 0.9 | -0.8 | -0.03 | 0.19 |
| Free Cash Flow | — | -1.13 | -0.6 | -0.51 | -8.04 |
| CFO/OP | — | 90 | 156 | 59 | 164 |

### Ratios

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Debtor Days | 59.77 | 55.08 | 31.78 | 110.38 | 74.68 |
| Cash Conversion Cycle | 59.77 | 55.08 | 31.78 | 110.38 | 74.68 |
| Working Capital Days | 20.32 | -27.8 | -10.11 | 1.35 | -29.65 |
| ROCE % | — | 16.46 | 17.74 | 51.41 | 13.82 |

## Shareholding Pattern

### Quarterly

| Category | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Promoters | 69.28% | 94.13% | 94.13% | 69.28% | 69.28% |
| FIIs | 0% | 0% | 0% | 0.04% | 0% |
| DIIs | 1.35% | 0% | 0% | 0% | 1.94% |
| Government | 0% | 0% | 0% | 0% | 0% |
| Public | 26.79% | 5.87% | 5.87% | 28.4% | 22.53% |
| Others | 2.58% | 0% | 0% | 2.28% | 6.25% |
| No. of Shareholders | 1552 | 8 | 8 | 1203 | 974 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Buy
- **Buy / Neutral / Sell:** 9 / 7 / 3

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 34.53 | Buy |
| EMA (10) | 35.19 | Buy |
| SMA (20) | 36.27 | Sell |
| EMA (20) | 34.92 | Buy |
| SMA (50) | 31.84 | Buy |
| EMA (50) | 32.82 | Buy |
| SMA (100) | 29.32 | Buy |
| EMA (100) | 31.34 | Buy |
| SMA (200) | 30.75 | Buy |
| EMA (200) | 31.68 | Buy |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 55.62 | Neutral |
| MACD (12,26,9) | 0.69 | Sell |
| Stochastic (14,3,3) | 32.96 | Neutral |
| ADX (14) | 14.68 | Neutral |
| Williams %R (14) | -56.82 | Neutral |
| ATR (14) | 1.66 | High Volatility |
| ROC (12) | -5.53 | Sell |
| Stoch RSI (14) | 45.92 | Neutral |
| UO (7,14,28) | 58.57 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-02 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=069a7e75-70f7-4d2a-ae81-5234c24e5793.pdf) |
| 2026-09-02 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2d9a803e-07c0-4565-a0f6-e8dc25421c88.pdf) |
| 2026-09-01 | [Board Meeting Outcome for Outcome Of Board Meeting Held On September 01 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ff045233-0986-47c0-b28e-06a4484b5714.pdf) |
| 2026-09-01 | [Announcement Under Regulation 30 (LODR)-Reappointment Of Internal Auditors](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=84bdb30a-b60d-4cbb-ae4a-822c10a088ed.pdf) |
| 2026-09-01 | [Intimation Of 28Th Annual General Meeting To Be Held On September 25 2026 For The F.Y. 2025-26](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b6aaeb67-491c-42d7-b12a-b85c286978f5.pdf) |
| 2026-08-11 | [Announcement under Regulation 30 (LODR)-Acquisition](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c38981c1-157c-4d96-b572-82accc05f5c7.pdf) |
| 2026-08-11 | [Board Meeting Outcome for Outcome Of The Meeting Of Board Of Directors And Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 (SEBI LODR Regulations 2015).](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3d6a2d79-3356-4585-95e0-2161c49e4e34.pdf) |
| 2026-07-15 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=71c74063-5be4-41df-946e-047dc58023d8.pdf) |
| 2026-07-15 | [Statement Of Investor Complaints For Quarter Ended On June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e16f00d4-38c8-4b1a-a4ea-0af24b2e5422.pdf) |
| 2026-06-16 | [Announcement Under Regulation 30 (LODR)-Empanelment As A Content Creators With National Housing Bank](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=240a6b28-c982-4caa-bf47-4e88cae1db3c.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-05-28 | [Financial Results For The Financial Year 31.03.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e552094f-212c-46fb-9d81-3c020e2e4b0b.pdf) |
| 2025-11-14 | [Unaudited Financial Results For The Half Year Ended On 30Th September 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fa75faf0-7bb4-46e9-97a4-e2ac6a37dd97.pdf) |
| 2025-05-30 | [Financial Results For The Year Ended 31.03.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=529d242d-eb13-4b29-8544-c28eef785651.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 Jan - Certificate under Reg. 74(5) of SEBI (DP) Regulations 2018 for the quarter ended on 31st December, 2025 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 9 Jan - Certificate under Reg. 74(5) of SEBI (DP) Regulations 2018 for the quarter ended on 31st December, 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7ef4b22a-a672-49a3-8125-299ee56cea50.pdf) |
| 6 Apr - Submitted Regulation 74(5) certificate for quarter ended March 31, 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 6 Apr - Submitted Regulation 74(5) certificate for quarter ended March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d0acee88-59c6-4efb-a3b1-3df03206cb33.pdf) |
| 4 Dec 2025 - CFO Nikhil Jain resigned effective 03-Dec-2025; Zareen Anis appointed CFO effective 04-Dec-2025. | [Outcome Of The Board Meeting Of The Company Held Today I.E. Thursday, December, 04 2025, As per Regulation 30 Of SEBI (LODR) Regulations, 2015. 4 Dec 2025 - CFO Nikhil Jain resigned effective 03-Dec-2025; Zareen Anis appointed CFO effective 04-Dec-2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/49aaa01a-9edd-4813-a40b-027a57c13322.pdf) |
| 4 Dec 2025 - CFO Nikhil Jain resigned effective 03-Dec-2025; Zareen Anis appointed CFO effective 04-Dec-2025. | [Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO) 4 Dec 2025 - CFO Nikhil Jain resigned effective 03-Dec-2025; Zareen Anis appointed CFO effective 04-Dec-2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ca562b0b-61c5-4a4d-af0a-274e8855de28.pdf) |
| 4 Dec 2025 - CFO Nikhil Jain resigned effective 03-12-2025; Zareen Anis appointed CFO effective 04-12-2025. | [Announcement under Regulation 30 (LODR)-Change in Management 4 Dec 2025 - CFO Nikhil Jain resigned effective 03-12-2025; Zareen Anis appointed CFO effective 04-12-2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7a48c5b6-6a59-40b8-92da-8198cf00c95d.pdf) |
| 27 Apr - Q4 FY2026 investor complaints report shows zero pending, received, disposed, or unresolved complaints. | [Statement Of Investor Complaints As On March 31, 2026 27 Apr - Q4 FY2026 investor complaints report shows zero pending, received, disposed, or unresolved complaints.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/dbbe0d4e-642f-4b57-b59f-438dd01ef404.pdf) |
| 13h - Q4 FY2026 investor complaints report shows zero pending, received, disposed, or unresolved complaints. | [Statement Of Investor Complaints As On March 31, 2026 13h - Q4 FY2026 investor complaints report shows zero pending, received, disposed, or unresolved complaints.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/dbbe0d4e-642f-4b57-b59f-438dd01ef404.pdf) |
| 12 Feb - Newspaper Advertisment - Special Window for transfer and dematerialisation (demat) of physical shares as required under SEBI Circular No. HO/38/13/11(2)2026-MIRSDPOD/ I/3750/2026 dated January 30, 2026. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 12 Feb - Newspaper Advertisment - Special Window for transfer and dematerialisation (demat) of physical shares as required under SEBI Circular No. HO/38/13/11(2)2026-MIRSDPOD/ I/3750/2026 dated January 30, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/34cb975b-76a9-4b0a-bb6d-cfd40144ca31.pdf) |
| 10 Jan - Quarter ended 31-Dec-2025: zero investor complaints; report filed 10-Jan-2026 by Infonative Solutions. | [Integrated Filing (Governance)-Statement Of Investor Complaint As On 31St December 2025 10 Jan - Quarter ended 31-Dec-2025: zero investor complaints; report filed 10-Jan-2026 by Infonative Solutions.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e8830120-c787-48d6-ad3e-5a6fd0183f91.pdf) |
| 10 Apr - Declared Annual Secretarial Compliance Report not applicable for FY ended 31 March 2026. | [Compliances-Reg.24(A)-Annual Secretarial Compliance 10 Apr - Declared Annual Secretarial Compliance Report not applicable for FY ended 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9a671c77-211d-4a1b-b3b9-57cc0156243b.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fbc9c3da-661a-4b38-ac7a-071c20eb6d40.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2012 from nse](https://archives.nseindia.com/annual_reports/AR_2802_SARLAPOLY_2011_2012_25102013190006.zip) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bc7b6902-2217-494e-9e49-61805fef3f2a.pdf) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7bcb34b8-cf6c-49b7-b232-a9af707a6900.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ae6671eb-aaf0-47e2-9c90-12a893fa66ce.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/46f3b8b9-9f05-49c4-b6d9-84796e83eb21.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/526885/76591526885.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/526885/71880526885.pdf) |
| from bse | [Financial Year 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/526885/67004526885.pdf) |
| from bse | [Financial Year 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/526885/5268850319.pdf) |
| from bse | [Financial Year 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/526885/5268850318.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T20:56:39.104Z.