On 6 Nov 2026, Infinity Infoway was priced at ₹730.00, or 27.0× trailing earnings, against an industry P/E of 27.7×, and the shares are close to their 52-week high. Its ROCE of 22% is the second-highest among the 7 largest Software (Application) peers. The company has almost no debt. It is listed on an SME platform with a market cap of ₹398 Cr, ranked 36th of 74 Software (Application) companies by market cap; the shares rose 88% over the past year.
- ₹730.00
- ₹730.00
- ₹729.95
- ₹729.95
- 1.6K
Health check
- ReturnsAhead
+88.4% over a year, better than 7 of 7 peers.
- Price tagIn line
P/E 27.0 vs industry 27.7.
- Growthn/a
Not enough yearly results to measure.
- ProfitabilityStrong
ROCE 22.5% vs peer median 12.6%.
- Balance sheetSolid
Practically debt-free.
- Red flagsNone found
No warning signs in the headline numbers.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹398 Cr
- Small cap
- P/E
- 27.0
- Industry 27.7
- Price to book
- 8.38
- Peers 8.24
- Dividend yield
- 0.00%
- ROE
- 25.0%
- Peers 15.3%
- ROCE
- 22.5%
- Peers 12.6%
- Debt to equity
- 0.01
- Debt ₹0.49 Cr
- EPS (TTM)
- ₹27.07
- OPM (TTM)
- 41.9%
- Net margin 28.5%
- Sales growth
- +98.0%
- Latest quarter vs a year ago
- Profit growth
- +71.1%
- Latest quarter vs a year ago
- Price to sales
- 12.27
- EV/EBITDA 28.0
Strengths and risks
Strengths
- Return on equity of 25.0%.
- Return on capital employed of 22.5%.
- Practically debt-free.
- Quarterly profit up 71.1% on a year ago.
- Quarterly sales up 98.0% on a year ago.
About Infinity Infoway
Infinity Infoway Limited, a Software as a Service company, provides integrated online ERP software for manufacturing, education, retail, construction, supply chain and customer relationship management, sales force, and other industries in India and internationally. Its education enterprise resource planning (ERP) products include Online Exam Software, which is designed to streamline exam management and enhance the assessment experience for educational…
- Headquarters
- Rajkot
- Employees
- 156
- Sector
- Technology
- ISIN
- INE16XA01017
- Website
- infinityinfoway.com
Price range
- Avg volume (3M)
- 4.9K
- 1-year return
- plus 88.4%
- From 52-week high
- 0.0%
Peers · Software - Application
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TATAELXSITata Elxsi | 3,855.00 | minus 1.66% | 24,019 | 35.8 | 8.24 | 26.2% | 23.9% | 22.7% | 6.1% | −5.9% | 1.95% | minus 27.2% |
| URBANCOUrban Company | 158.12 | minus 0.25% | 23,446 | – | 12.14 | −7.2% | −21.5% | −22.9% | 34.7% | – | 0.00% | plus 6.5% |
| KFINTECHKfin Technologies | 915.80 | minus 1.14% | 15,835 | 45.6 | 9.75 | 18.9% | 22.6% | 38.1% | 22.5% | 20.6% | 1.31% | minus 13.4% |
| KPITTECHKPIT Technologies | 540.45 | plus 0.12% | 14,713 | 27.7 | 3.99 | 21.3% | 15.3% | 26.7% | 24.2% | 18.7% | 1.39% | minus 53.3% |
| BBOXBlack Box | 810.95 | minus 5.36% | 14,402 | 62.2 | 11.18 | 12.6% | 21.3% | 9.0% | 0.2% | 109.3% | 0.12% | plus 56.1% |
| AMAGIAmagi Media Labs | 568.25 | minus 0.04% | 12,293 | 119.9 | 6.74 | 5.0% | 6.3% | 3.9% | 30.3% | – | 0.00% | plus 63.2% |
| BLACKBUCKBLACKBUCK | 557.55 | plus 3.06% | 10,161 | 56.4 | 6.71 | 11.7% | 12.8% | 23.9% | 53.9% | – | 0.00% | minus 17.3% |
| INFINITYInfinity Infoway | 730.00 | plus 0.01% | 398 | 27.0 | 8.38 | 22.5% | 25.0% | 41.9% | – | – | 0.00% | plus 88.4% |
| Median of 7 peers | – | −0.25% | 14,713 | 51.0 | 8.24 | 12.6% | 15.3% | 22.7% | 24.2% | 19.7% | 0.12% | −13.4% |
Quarterly results
| ₹ Cr | Sep 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|
| 5 | 6 | 15.6 | 6.9 | 9.9 | |
| 2.6 | 3.9 | 9.6 | 3.8 | 5 | |
| 2.4 | 2.1 | 6 | 3.1 | 4.9 | |
| 47.2% | 34.9% | 38.3% | 44.9% | 49.6% | |
| 0.1 | 0.3 | 0.5 | 0.4 | 0.1 | |
| 0 | 0 | 0 | 0 | 0 | |
| 0.1 | 0.2 | 0.6 | 0.7 | 1 | |
| 2.4 | 2.1 | 5.9 | 2.7 | 4.1 | |
| 25.4% | 25.7% | 28.4% | 25.2% | 26.0% | |
| 1.8 | 1.6 | 4.2 | 2 | 3 | |
| – | 2.93 | 15.03 | 3.65 | – |
Profit & loss
- ROE
- 25.0%
| ₹ Cr | Mar 2025 | Mar 2026 |
|---|---|---|
| – | 23.8 | |
| – | 13.8 | |
| 5.4 | 10 | |
| – | 42.0% | |
| – | 0.6 | |
| – | 0.1 | |
| – | 0.9 | |
| – | −0.1 | |
| – | 9.6 | |
| – | 27.3% | |
| 4.4 | 7 | |
| 8.04 | 15.03 |
Forecast
Balance sheet
| ₹ Cr | Mar 2026 |
|---|---|
| 5.5 | |
| 36.4 | |
| 0.5 | |
| 1.7 | |
| 44.1 | |
| 2.4 | |
| 1.6 | |
| 16.5 | |
| 23.6 | |
| 44.1 |
Cash flow
| ₹ Cr | Mar 2026 |
|---|---|
| 2.9 | |
| −17 | |
| 21.4 | |
| 7.3 | |
| −10.6 | |
| −7.6 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
No recent news coverage found.