Infinity Infoway FY26: Revenue up 81 percent as AI-led ERP scales across education and industry

FY26 total income was INR 24.4633 crore, EBITDA was INR 10.5704 crore, and PAT was INR 7.0115 crore, as per the investor presentation.

FY26 revenue from operations (INR 23.7703 crore) was split as: Education ERP INR 12.7411 crore (53.60%), Industrial ERP INR 8.6155 crore (36.25%), Online Examination System INR 2.3827 crore (10.02%), and Digital Learning INR 0.0310 crore (0.13%).

State-wise, Gujarat contributed INR 16.8809 crore (71.02%), Madhya Pradesh INR 4.8463 crore (20.39%), and Maharashtra INR 1.5211 crore (6.40%), with smaller contributions from Rajasthan, Karnataka, and Odisha.

Management stated ZEROTOUCH has a 20-year patent and clarified it is a process patent. They also said about 150 machines are ready for deployment and indicated capacity to build 3,000 to 4,000 machines in the short term.

On the earnings call, management guided for around 60% to 70% revenue growth in FY27 versus FY26, and said ZEROTOUCH could contribute about 20% to 22% of revenue.

Management stated the pilot is completed, some issuer approvals were pending, and they expect meaningful revenue contribution by quarter-end or early next quarter, with a transaction-based revenue model shared with NPST and the issuer bank.