Infollion Research Services Limited (INFOLLION) Earnings Call Transcripts

Infollion Research Services Limited's Latest Earnings Call - April 20, 2026

Infollion Research Services Limited reported its earnings for the second half of FY 2026, highlighting a significant milestone by crossing the INR 100 crore revenue mark. Despite a 30% annualized increase, the second half saw a moderation in volumes, particularly in March, which was 25% below the usual run rate. EBITDA stood at INR 14.73 crores, and PAT was INR 12.72 crores. The company generated over INR 10 crores in operational cash flow. Management did not provide specific guidance changes but indicated a focus on expanding international operations and new business initiatives.

Reported metrics

Guidance from management

Management did not provide specific forward guidance but indicated a focus on international expansion and new business initiatives. They remain optimistic about long-term growth despite short-term volume challenges.

What management said

Yes. Thanks, Gaurav. Good morning, everyone. I am Abhishek Jha, CFO at Infollion. Coming to the financial performance for the financial year 2025 and '26, Infollion has crossed the INR 100 crore revenue mark this year. The EBITDA stood at INR 14.73 crores and PAT reported at INR 12.72 crores. We were able to generate a cash flow of over INR 10 crores from operations and over INR 8 crores for our free cash flow for th...

Of course, we will add more people in FY '27. How can they peaked out, so I'm not sure what do we mean we peaked out. But what I can say is that at least INR 1.5 crores, INR 2 crores of employee expenses have been besides the core business. Newer initiatives, whether it is expansion, whether it is tech, whether it is sales, whether it is Huksa, almost a couple of crores has been spent. Had we been doing in the same l...

What analysts pressed on

Analysts expressed concerns about the March volume decline and its causes, questioning whether it was a temporary issue or indicative of a larger trend. There were also questions about the sustainability of employee expense growth and the impact of aggressive pricing on margins.

Main topics on the call

• Volume Decline in H2 — Management noted a decrease in volumes during the second half, with March seeing a 25% drop in project numbers compared to usual levels. This was attributed to broader economic conditions and client growth stagnation. 'I...
• New Business Initiatives — Infollion is expanding into new areas such as the U.S., MENA, and Huksa. The U.S. operations grew from a quarter to a third of business, while MENA showed faster growth due to time zone advantages and a strong Indian pre...
• Employee Expansion — The company added 70 employees, bringing the total to 270, with a focus on sales and new initiatives. 'Most of these employees have been added in relatively newer functions.'
• Gross Margin Pressure — Gross margins were impacted by aggressive pricing strategies and expansion costs. Management emphasized their capability to absorb these costs due to structural advantages. 'We became aggressive in gross. Two is we added...

Read the full Infollion Research Services Limited transcript (April 20, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 2 Infollion Research Services Limited earnings call transcripts on record, spanning October 16, 2025 to April 20, 2026. The most recent call on file is dated April 20, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

INFOLLION

Exchange

NSEI

Country

IN

Sector

Industrials

Industry

Professional Services

Calls on record

2

First call

October 16, 2025

Most recent

April 20, 2026