---
title: "Infinity Infoway Ltd (544567) — Share Price, Financials & Analysis"
symbol: "544567"
company: "Infinity Infoway Ltd"
canonical: "https://tapetide.com/stocks/544567"
isin: "INE16XA01017"
nse_symbol: "INFINITYINFOWAYLTD"
bse_code: "544567"
sector: "Information Technology"
industry: "IT Enabled Services"
market_cap_cr: 293.9
generated_at: "2026-09-13T20:49:48.156Z"
---

# Infinity Infoway Ltd (544567)

Canonical page: https://tapetide.com/stocks/544567

## Company

- **NSE Symbol:** INFINITYINFOWAYLTD
- **BSE Code:** 544567
- **ISIN:** INE16XA01017
- **Sector:** Information Technology
- **Industry:** IT Enabled Services
- **Macro Sector:** Information Technology
- **Stock Type:** EQUITY
- **Listed Since:** 2025-10-08
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** infinityinfoway.com

## About

Incorporated in 2008, Infinity Infoway Limited is a leading SaaS company specializing in customized cloud-based ERP (Enterprise Resource Planning) solutions.[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:39:22.900815Z.

- **Market Cap:** ₹293.9 Cr
- **Classification:** SME
- **P/E (reported):** 37.7
- **EPS (TTM):** ₹15.47
- **Book Value:** ₹76.75
- **Price to Book:** 7.02
- **Dividend Yield:** 0%
- **ROE:** 33.06%
- **ROCE:** 42.45%
- **Debt to Equity:** 0.01
- **Revenue (yearly):** ₹23.77 Cr
- **Net Income:** ₹7.11 Cr
- **EBITDA:** ₹9.88 Cr
- **52-Week High:** ₹539
- **52-Week Low:** ₹294
- **RSI (14):** 77.85

## Key Insights

### Strengths

- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 37.2%

### Weaknesses

- Stock is trading at 7.02 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 8.11% | 71.43% | -95.47% |
| ebitda margin growth | -16.67% | -15.61% | -17.84% | — |
| net income growth | -23.08% | 69.29% | 95% | — |
| revenue growth | -26.26% | 76.07% | 66% | — |
| roce | -28.31% | -48.79% | -29.29% | — |
| roe | -23.48% | -51.98% | 53.81% | — |

## Financial Statements

### Quarterly Results

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

| Item | Dec 2024 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | 2 | 3.15 | 5.01 | 6.02 | 9.59 | 6.9 |
| Expenses | 1.65 | 1.62 | 2.82 | 3.92 | 5.71 | 3.8 |
| Operating Profit | 0.35 | 1.53 | 2.19 | 2.1 | 3.88 | 3.1 |
| OPM % | 17.5 | 48.57 | 43.71 | 34.88 | 40.46 | 44.93 |
| Other Income | 0.09 | 0.07 | 0.1 | 0.26 | 0.27 | 0.35 |
| Interest | 0.01 | 0.01 | 0.01 | 0.03 | 0.02 | 0.01 |
| Depreciation | 0.14 | 0.18 | 0.14 | 0.22 | 0.37 | 0.74 |
| Profit before tax | 0.29 | 1.41 | 2.14 | 2.11 | 3.76 | 2.7 |
| Tax % | 34.48 | 26.24 | 26.64 | 26.07 | 30.05 | 25.19 |
| Net Profit | 0.2 | 1.04 | 1.57 | 1.57 | 2.64 | 2.02 |
| EPS in Rs | 0.52 | 2.68 | 4.05 | 2.88 | 4.84 | 3.7 |

### Profit & Loss

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

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- |
| Sales | 5.17 | 10.17 | 13.19 | 23.77 | 27.52 |
| Expenses | 3.7 | 5.24 | 7.02 | 13.89 | 16.25 |
| Operating Profit | 1.47 | 4.93 | 6.17 | 9.88 | 11.27 |
| OPM % | 28.43 | 48.48 | 46.78 | 41.56 | 40.95 |
| Other Income | 0.21 | 0.17 | 0.29 | 0.69 | 0.98 |
| Interest | 0.08 | 0.06 | 0.04 | 0.06 | 0.07 |
| Depreciation | 0.33 | 0.4 | 0.78 | 0.86 | 1.47 |
| Profit before tax | 1.27 | 4.64 | 5.64 | 9.65 | 10.71 |
| Tax % | 25.98 | 25.22 | 25.71 | 27.36 | — |
| Net Profit | 0.94 | 3.47 | 4.19 | 7.01 | 7.8 |
| EPS in Rs | 940 | 3470 | 10.81 | 12.86 | 15.47 |
| Dividend Payout % | 0 | 0 | 0 | 0 | — |

### Balance Sheet

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

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Equity Capital | 0.01 | 0.01 | 3.88 | 5.45 |
| Reserves | 1.57 | 5.02 | 8.8 | 36.4 |
| Borrowings | 0.7 | 0.48 | 0.22 | 0.53 |
| Other Liabilities | 1.31 | 2.59 | 2.02 | 1.74 |
| Total Liabilities | 3.59 | 8.1 | 14.92 | 44.12 |
| Fixed Assets | 1.06 | 1.34 | 3.11 | 12.82 |
| CWIP | 0 | 0 | 0.01 | 0 |
| Investments | 0 | 0.1 | 0.2 | 0.33 |
| Other Assets | 2.53 | 6.66 | 11.6 | 30.97 |
| Total Assets | 3.59 | 8.1 | 14.92 | 44.12 |

### Cash Flow

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

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Cash from Operating Activity | 1.4 | 2.22 | 2.4 | 2.92 |
| Cash from Investing Activity | -0.8 | -1.16 | -2.84 | -16.99 |
| Cash from Financing Activity | -0.38 | -0.27 | 3.19 | 21.39 |
| Net Cash Flow | 0.22 | 0.8 | 2.75 | 7.31 |
| Free Cash Flow | 0.73 | 1.55 | -0.17 | -7.07 |
| CFO/OP | 106 | 57 | 71 | 58 |

### Ratios

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Debtor Days | 89.66 | 144.28 | 157.46 | 139.89 |
| Inventory Days | — | — | — | 0 |
| Cash Conversion Cycle | 89.66 | 144.28 | 157.46 | 139.89 |
| Working Capital Days | 13.41 | 71.78 | 132 | 166.91 |
| ROCE % | — | 120.67 | 61.71 | 35.12 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- |
| Promoters | 68.49% | 68.49% | 68.49% | 68.49% |
| FIIs | 2.6% | 0.63% | 0.03% | 0.03% |
| DIIs | 10.09% | 15.14% | 15.55% | 15.31% |
| Government | 0% | 0% | 0% | 0% |
| Public | 14.8% | 12.31% | 12.87% | 13.12% |
| Others | 4.01% | 3.43% | 3.06% | 3.04% |
| No. of Shareholders | 22 | 308 | 316 | 339 |

## Technical Indicators

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

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 11 / 4 / 4

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 532.11 | Buy |
| EMA (10) | 524.8 | Buy |
| SMA (20) | 491.03 | Buy |
| EMA (20) | 497.42 | Buy |
| SMA (50) | 426.33 | Buy |
| EMA (50) | 447.82 | Buy |
| SMA (100) | 398.5 | Buy |
| EMA (100) | 419.02 | Buy |
| SMA (200) | — | Neutral |
| EMA (200) | — | Neutral |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 77.51 | Sell |
| MACD (12,26,9) | 35.99 | Buy |
| Stochastic (14,3,3) | 98.51 | Sell |
| ADX (14) | 30.07 | Buy |
| Williams %R (14) | -0.78 | Sell |
| ATR (14) | 15.78 | Neutral |
| ROC (12) | 4.57 | Buy |
| Stoch RSI (14) | 66.43 | Neutral |
| UO (7,14,28) | 76.26 | Sell |

## Filings & Documents

### Earnings Call Transcripts

| Date | Document |
| --- | --- |
| 2026-08-14 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c1bcc418-d41e-40f7-8ae2-40cbacf4131a.pdf) |
| 2026-05-07 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b54907ad-53fd-4589-841e-14c23589e784.pdf) |

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-08-13 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=83d44bf1-3483-4423-9ee9-f8f2c191e24b.pdf) |
| 2026-08-11 | [Board Meeting Outcome for 1.TO Considered And Unaudited Standalone And Consolidated Financial Results Quarter Ended On 30.06.2026 2. To Considered And Approved Appointment Of Secretarial Auditor FY 2026-27](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fd9e660a-723d-4ade-90bb-3a9065482411.pdf) |
| 2026-08-11 | [Disclosure Under Reg. 30 For Appointment Of Secretarial Auditor For F.Y. 2026-27](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fecf57a7-00bc-4e2e-bc3c-0545c8e7fa76.pdf) |
| 2026-08-11 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=708834c0-27b3-4ccd-860d-483324b8e80e.pdf) |
| 2026-08-07 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=24e2a581-a219-4dca-998d-f145044c010f.pdf) |
| 2026-08-05 | [Board Meeting Intimation for 1.To Consider And Approve The Unaudited Standalone And Consolidated Financial Results Quarter Ended On 30.06.2026 2.Appointment Of Secretarial Auditor](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f1dfdc34-1e85-4ff3-a47e-87232567e884.pdf) |
| 2026-07-15 | [Notice Of 18Th Annual General Meeting Of The Shareholders Of Infinity Infoway Limited](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a3fca1c6-2391-4d7b-81d0-edbe2214552b.pdf) |
| 2026-07-15 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d97794b1-9cf0-4958-8e50-ddfc59fd4e15.pdf) |
| 2026-07-15 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=229de2c3-aa2d-453c-afd4-aab7266008c0.pdf) |
| 2026-07-13 | [Board Meeting Outcome for Outcome Of Board Meeting Held On 13.07.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8e35cbad-fb3c-4529-b76b-e021aa2eff3d.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2026-08-12 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c1376be2-d1f5-432e-9c95-1328512ed07d.pdf) |
| 2026-05-05 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a7347e66-683c-47cd-82f2-8c82ea7a48a5.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9h - Board meeting on 4 May 2026 to approve FY26 audited results and appoint internal auditor. | [Board Meeting Intimation for 1. Financial Results For Year Ended On 31.03.2026 2.Appointment Of Internal Auditor 3. Any Other Business Matter With The Permission Of Chair 9h - Board meeting on 4 May 2026 to approve FY26 audited results and appoint internal auditor.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/7c405dae-a06f-4581-ad17-8df53a0a4ec5.pdf) |
| 7 May - Transcript of 05.05.2026 for quarter ended and year ended on 31.03.2026 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript 7 May - Transcript of 05.05.2026 for quarter ended and year ended on 31.03.2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/b54907ad-53fd-4589-841e-14c23589e784.pdf) |
| 6 Feb - Board meeting Feb 12, 2026 to approve Q3/9M Dec 31, 2025 results; trading window Jan 1–Feb 14. | [Board Meeting Intimation for Adoption Of Unaudited Financial Results (Standalone And Consolidated) For The Quarter And Nine Months Ended December 31, 2025, Scheduled To Be Held On Thursday, February 12, 2026 6 Feb - Board meeting Feb 12, 2026 to approve Q3/9M Dec 31, 2025 results; trading window Jan 1–Feb 14.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a0b4438f-bdbe-40a3-80f5-b4514f177f8d.pdf) |
| 5 May - Investor Presentation for Half year ended and year ended on 31.03.2026 and other business performance on annually basis | [Announcement under Regulation 30 (LODR)-Investor Presentation 5 May - Investor Presentation for Half year ended and year ended on 31.03.2026 and other business performance on annually basis](https://www.bseindia.com/xml-data/corpfiling/AttachLive/a7347e66-683c-47cd-82f2-8c82ea7a48a5.pdf) |
| 5 May - Audio recording of 5 May 2026 earnings call for H2 and FY2026 made available on website. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 5 May - Audio recording of 5 May 2026 earnings call for H2 and FY2026 made available on website.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/d111d268-3342-426a-ba80-f6bb5b194e99.pdf) |
| 4 May - FY26 audited results approved; EPS corrected; internal auditor appointed; ZeroTouch DaaS launch planned in Jaipur on May 15. | [Resubmission Of Consolidate Financial Results For The Period Ended 31St March, 2026 - Correction In EPS Disclosure 4 May - FY26 audited results approved; EPS corrected; internal auditor appointed; ZeroTouch DaaS launch planned in Jaipur on May 15.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/342f7fa4-8691-40cd-a268-a443c5122867.pdf) |
| 4 May - FY26 audited results approved; EPS corrected; internal auditor appointed; ZeroTouch DaaS launch planned in Jaipur on May 15. | [Resubmission Of Consolidate Financial Results For The Period Ended 31St March, 2026 - Correction In EPS Disclosure 4 May - FY26 audited results approved; EPS corrected; internal auditor appointed; ZeroTouch DaaS launch planned in Jaipur on May 15.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/342f7fa4-8691-40cd-a268-a443c5122867.pdf) |
| 4 May - D J Rupareliya & Company appointed internal auditor for FY 2026-27. | [Disclosure Under Reg.30 Appointment Of Internal Auditor D J Rupareliya & Company , Chartered Accountant 4 May - D J Rupareliya & Company appointed internal auditor for FY 2026-27.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b9416db4-1559-4b7f-9544-206120644b1c.pdf) |
| 4 May - D J Rupareliya & Company appointed internal auditor for FY 2026-27. | [Disclosure Under Reg.30 Appointment Of Internal Auditor D J Rupareliya & Company , Chartered Accountant 4 May - D J Rupareliya & Company appointed internal auditor for FY 2026-27.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/b9416db4-1559-4b7f-9544-206120644b1c.pdf) |
| 2d - Board approved FY26 audited results, appointed internal auditor, and noted ZeroTouch DaaS Jaipur launch on May 15. | [Board Meeting Outcome for Outcome Of Board Meeting - Approval Of Audited Standalone & Consolidated Financial Results For The Financial Year Ended 31St March, 2026 And Appointment Of Internal Auditor 2d - Board approved FY26 audited results, appointed internal auditor, and noted ZeroTouch DaaS Jaipur launch on May 15.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/53a73344-34c8-4bf5-9986-abaab4bd18bd.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Sep 2020 | [Concall - Sep 2020](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7c9ca19f-8431-4782-9657-0017768d3a93.pdf) |
| Nov 2022 | [Concall - Nov 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e67cdfbf-9670-4ff6-bd48-7d38a82edcc9.pdf) |
| Nov 2021 | [Concall - Nov 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5b42383f-9377-48dc-ab03-8d38340d06de.pdf) |
| Nov 2020 | [Concall - Nov 2020](https://www.bseindia.com/xml-data/corpfiling/AttachHis/10f0f459-8890-452c-abbf-72c6fec51051.pdf) |
| Nov 2019 | [Concall - Nov 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5a8b6218-771d-4c94-95f0-7d636f0dc9c8.pdf) |
| Nov 2019 | [Concall - Nov 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/85629fc9-0281-4a05-ab28-3a2543ffcc60.pdf) |
| Nov 2018 | [Concall - Nov 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/11/9fa6c65f-70e7-4a1c-b3f7-d00c4300a014.pdf) |
| Nov 2018 | [Concall - Nov 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/11/30f52798-cf51-44da-8dc6-6042057f3278.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b54907ad-53fd-4589-841e-14c23589e784.pdf) |
| May 2020 | [Concall - May 2020](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5897c33d-0e9d-44a7-9615-a17003f64640.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2011 from nse](https://archives.nseindia.com/annual_reports/AR_SHALPAINTS_2010_2011_22072011120506.zip) |
| from bse | [Annual Report 2026 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d97794b1-9cf0-4958-8e50-ddfc59fd4e15.pdf) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/779466de-f3e0-4ca6-896c-9c8c92e3d12c.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3036a28d-c890-42c5-911f-8f3ea0878f47.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/42eb62d1-45ae-4c75-bc2d-7f214f867c15.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/509874/76842509874.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/509874/71576509874_07_09_21.pdf) |
| from bse | [Financial Year 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/509874/66011509874.pdf) |
| from bse | [Financial Year 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/509874/5098740319.pdf) |
| from bse | [Financial Year 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/509874/5098740318.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2025-11-12 | [Outcome Of Board Meeting For Declaration Of Unaudited Financial Results Standalone & Consolidate For Quarter & Half Year Ended On 30.09.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5706c1d4-a38d-49c9-8ce2-16408c3ce5f8.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 2026-09-13T20:49:48.156Z.