Infinity Infoway Ltd — Q1 FY27 earnings call
Summary generated by AI from the official transcript Infinity Infoway Ltd filed with BSE on 14 Aug 2026. Every statement cites a verbatim quote from that document — open any citation to read it. This is a record of what management said, not a recommendation. How we check these summaries
The short read
Infinity Infoway reported Q1 FY27 revenue of Rs. 689 lakhs, EBITDA of Rs. 344 lakhs, and PAT of Rs. 201 lakhs, with management citing over 100% year-on-year revenue growth, 115% EBITDA growth, and 93% PAT growth. Management highlighted milestones including an admissions portal in Madhya Pradesh, an Rs. 11 crore AI-based higher education order, the launch of the patented ZeroTouch machine in Jaipur, and expansion of sales teams across several states. Management also discussed plans for an LLM product launch, a strategic acquisition strategy across five focus areas, and provided details on ZeroTouch's order pipeline and revenue model.
1 statement from this call is not shown because its supporting quote could not be reproduced within our quoting limits. Nothing shown here is affected: every statement on this page carries its verified quote.
Numbers mentioned
Revenue: Rs. 689 lakhs (Q1 FY27)
p. 3
“So, we have recorded the revenues in Quarter 1 of Rs. 689 lakhs with the EBITDA of Rs. 344 lakhs and PAT margin, sorry PAT after tax, profit after tax is Rs. 201 lakhs.”
Bhaveshkumar Gadhethriya, page 3 of the filed PDF · View the filing
EBITDA: Rs. 344 lakhs (Q1 FY27)
p. 3
“So, we have recorded the revenues in Quarter 1 of Rs. 689 lakhs with the EBITDA of Rs. 344 lakhs and PAT margin, sorry PAT after tax, profit after tax is Rs. 201 lakhs.”
Bhaveshkumar Gadhethriya, page 3 of the filed PDF · View the filing
PAT: Rs. 201 lakhs (Q1 FY27)
p. 3
“So, we have recorded the revenues in Quarter 1 of Rs. 689 lakhs with the EBITDA of Rs. 344 lakhs and PAT margin, sorry PAT after tax, profit after tax is Rs. 201 lakhs.”
Bhaveshkumar Gadhethriya, page 3 of the filed PDF · View the filing
Revenue growth: more than 100% (Q1 FY27 vs Q1 FY26)
p. 3
“So, compared to the last quarter, sorry 1st Quarter of the last financial year, we have done on an average more than 100% growth on a revenue and almost growth, I can say precisely 115% growth on EBITDA and 93% growth on PAT.”
Bhaveshkumar Gadhethriya, page 3 of the filed PDF · View the filing
ZeroTouch machines developed: 150 machines
p. 4
“We have developed 150 machines as of now.”
Bhaveshkumar Gadhethriya, page 4 of the filed PDF · View the filing
Total intangible assets: Rs. 10 crore
p. 6
“Yes. So, sir, as of now, we have a total Rs. 10 crore intangible assets, that is including of hardware machine of ZeroTouch, the software part of the ZeroTouch, and complete AI engines, what we are building.”
Bhaveshkumar Gadhethriya, page 6 of the filed PDF · View the filing
ERP order book: Rs. 75 crore (as of 30th May)
p. 7
“So, current Q1 precisely, I do not have much number, but as per our last till the 30th of May, we have a Rs. 75 crore as order book.”
Bhaveshkumar Gadhethriya, page 7 of the filed PDF · View the filing
Revenue mix from education vs manufacturing: 60% education, 40% manufacturing
p. 7
“So, last, we have a like total revenue is distributed into the, 60% is coming from our education ERP and entire vertical of education and 40% is coming from the manufacturing.”
Bhaveshkumar Gadhethriya, page 7 of the filed PDF · View the filing
What management said it would do
A record of statements made on the call, in the words management used. Parakho does not forecast, endorse or assess them, and their presence here is not a view on whether they will happen.
ZeroTouch revenue contribution — 20% to 22% of revenue · next two years
stated as an aspiration by Bhaveshkumar Gadhethriya
p. 4
“So, we are planning to achieve this target by maximum in two years.”
Bhaveshkumar Gadhethriya, page 4 of the filed PDF · View the filing
ZeroTouch EBITDA margin — 55% to 60%
stated as an aspiration by Bhaveshkumar Gadhethriya
p. 5
“So, from ZeroTouch, EBITDA margin is expected to be between 55% to 60% compared to the ERP.”
Bhaveshkumar Gadhethriya, page 5 of the filed PDF · View the filing
ZeroTouch new orders — Rs. 5 crores to Rs. 6 crores · this year
stated as an aspiration by Bhaveshkumar Gadhethriya
p. 6
“The upcoming, as per your questions, on this year, we are expecting to have a minimum Rs. 5 crores to Rs. 6 crores order on ZeroTouch in this year only.”
Bhaveshkumar Gadhethriya, page 6 of the filed PDF · View the filing
EBITDA margin range — 42% to 46%
stated as an aspiration by Bhaveshkumar Gadhethriya
p. 9
“So, our focus has always been to range between 42% to 46%.”
Bhaveshkumar Gadhethriya, page 9 of the filed PDF · View the filing
LLM product launch — 3rd Quarter of this year
stated firmly by Bhaveshkumar Gadhethriya
p. 9
“So, for the 2nd Quarter of this year, sorry, 3rd Quarter of this year, we want to launch that is our timeline EBITDA launching, sorry, BITA launching into our existing customers.”
Bhaveshkumar Gadhethriya, page 9 of the filed PDF · View the filing
LLM revenue start — before 31st March
stated firmly by Bhaveshkumar Gadhethriya
p. 9
“And by end of this financial year, we are expecting to start our revenue. So, before 31st March, we want to launch.”
Bhaveshkumar Gadhethriya, page 9 of the filed PDF · View the filing
Additional intangible asset investment — 10% to 20% more
stated conditionally by Bhaveshkumar Gadhethriya
p. 6
“Maybe, because we are working into these two products, which is under development. So, there is a chance of 10% to 20% or more, maybe, add on this as per the requirement.”
Bhaveshkumar Gadhethriya, page 6 of the filed PDF · View the filing
Q&A highlights
Management's answers to analyst questions, in Parakho's words rather than a transcript. Each row names who answered and carries the verbatim quote it was drawn from.
Management said the target is expected to be achieved within a maximum of two years.
Answered by Bhaveshkumar Gadhethriya
Asked by Prashant: What is the expected timeline for ZeroTouch to reach 20-22% of revenue?
p. 4
“So, we are planning to achieve this target by maximum in two years.”
Bhaveshkumar Gadhethriya, page 4 of the filed PDF · View the filing
Management said ZeroTouch operates as a Device-as-a-Service model, charging per question paper printed and delivered.
Answered by Bhaveshkumar Gadhethriya
Asked by Prashant: What is the ZeroTouch revenue model?
p. 5
“The ZeroTouch machine is completely DaaS model. So, device is a service.”
Bhaveshkumar Gadhethriya, page 5 of the filed PDF · View the filing
Management said only pilot orders exist so far, with confirmed orders pending through tender processes.
Answered by Bhaveshkumar Gadhethriya
Asked by Prashant: Are there confirmed orders from universities or government agencies?
p. 5
“As of now, we have only pilot orders and the confirmed orders, we have bidded the tender and we are in process of it.”
Bhaveshkumar Gadhethriya, page 5 of the filed PDF · View the filing
Management said education ERP and manufacturing ERP contributed the major revenue share.
Answered by Bhaveshkumar Gadhethriya
Asked by Piyush Nandilal: Which business segment contributed most to revenue growth?
p. 6
“So, normally, this quarter, we have major revenues from education ERP and manufacturing ERP.”
Bhaveshkumar Gadhethriya, page 6 of the filed PDF · View the filing
Management expects Rs. 5-6 crore in orders for ZeroTouch this year.
Answered by Bhaveshkumar Gadhethriya
Asked by Kapil Advani: What is the order book pipeline for ZeroTouch this year?
p. 6
“So, as of now, we have a pilot order confirmed. The upcoming, as per your questions, on this year, we are expecting to have a minimum Rs. 5 crores to Rs. 6 crores order on ZeroTouch in this year only.”
Bhaveshkumar Gadhethriya, page 6 of the filed PDF · View the filing
Management said the increased cost from sales team expansion will continue and could grow further if more expansion is needed.
Answered by Bhaveshkumar Gadhethriya
Asked by Prashant: Is the rise in employee cost a one-time or recurring investment?
p. 9
“the proposed net what is increased now will keep continuing. But the same range, maybe if it is required to expand more sales team, that can be increased.”
Bhaveshkumar Gadhethriya, page 9 of the filed PDF · View the filing
Management said Q1 revenue was lower than the prior quarter by about 25%, consistent with a seasonal pattern.
Answered by Bhaveshkumar Gadhethriya
Asked by Pravesh Saxena: How does Q1 revenue compare to the prior quarter?
p. 7
“Last quarter, compared to the last quarter, we have a decrement of the revenues because of the business process and the business, our standards.”
Bhaveshkumar Gadhethriya, page 7 of the filed PDF · View the filing
Risks flagged
Question paper leakage in exams, which ZeroTouch is designed to prevent
p. 5
“So, using this machine that you have told, based on that, it is completely preventive, the question paper leakage.”
Bhaveshkumar Gadhethriya, page 5 of the filed PDF · View the filing
Uncertainty on peak level of intangible asset investment tied to AI research spending
p. 6
“I cannot exactly comment the peak amount, it can be based on the need.”
Bhaveshkumar Gadhethriya, page 6 of the filed PDF · View the filing
Seasonal weakness in Q1 revenue compared to other quarters
p. 7
“Normally, our Quarter 1 will always be a lower if you compare to the last three years of the financial year.”
Bhaveshkumar Gadhethriya, page 7 of the filed PDF · View the filing
Generated by claude-sonnet-5. Source: the transcript as filed with BSE. We link to the exchange's copy; we do not host transcripts. Parakho is a data and screening tool, not an investment adviser — nothing here is a recommendation to buy, sell or hold.