A New Milestone for Global Tech Innovator; This Small-cap Company Partners with Canadian Standards Organization for AI Transformation
With a PE ratio of 21x, the company trades at a discount compared to the industry PE of 27.6x. The company has ROCE of 11.7 per cent and ROE of 7.93 per cent.
InfoBeans Technologies Ltd, a global leader in design-led AI and enterprise software solutions, has announced a significant collaboration with one of Canada's largest Standards Developing Organizations. This partnership aims to drive an AI-powered transformation to enhance service delivery, streamline processes, and improve operational efficiency. By leveraging cutting-edge artificial intelligence, InfoBeans seeks to optimize workflows and elevate decision-making capabilities, thus achieving operational excellence.
The collaboration underscores InfoBeans' reputation as a trusted provider of AI solutions, offering design-driven innovations that automate complex processes and enhance productivity. The AI solutions will assist the Canadian organization in managing compliance, accreditation, and standardization challenges more efficiently. This engagement is part of InfoBeans' broader strategy to expand its AI and automation capabilities, reflecting its commitment to using emerging technologies for meaningful digital transformation across enterprises worldwide.
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InfoBeans Technologies Ltd is a prominent player in the design-led AI and software solutions industry, with a strong presence in the US, Europe, and the Middle East. The company is listed on the NSE and BSE in India, with a current stock price of Rs 314.35 and a market capitalisation of Rs 753.73 crores. Over the past year, the stock has experienced a return of -20.72 per cent. The stock's 52-week high is Rs 511.05, while the low is Rs 295.65. InfoBeans is also committed to social responsibility, with initiatives like the InfoBeans Foundation, which provides free tech education to underprivileged communities.
In the Quarterly Results of December 2024, the revenue stood at Rs 96.33 crore, reflecting a YoY growth of 8.11 per cent but a QoQ decline of 1.97 per cent from Rs 98.27 crore in September 2024. The net profit for the quarter was Rs 7.06 crore, showing a YoY growth of 26.98 per cent but a QoQ decline of 44.23 per cent from Rs 12.66 crore in September 2024. The net profit margin for December 2024 was 7.33 per cent, compared to 12.88 per cent in September 2024 and 6.24 per cent in December 2023.
For the financial year 2024, the revenue was Rs 368.52 crore, registering a decline of 4.36 per cent from Rs 385.32 crore in FY23. The net profit for FY24 stood at Rs 36.71 crore, showing a decline of 67.67 per cent from Rs 7.29 crore in FY23. The net profit margin for FY24 was 1.98 per cent, compared to 5.85 per cent in FY23.
As of December 2024, the shareholding pattern stands as follows: Promoters hold 73.98 per cent, Foreign Institutional Investors (FIIs) hold 0.54 per cent, and the public holds 25.48 per cent.
With a PE ratio of 21x, the company trades at a discount compared to the industry PE of 27.6x. The company has ROCE of 11.7 per cent and ROE of 7.93 per cent.
Investors must keep this Small-Cap stock on their radar.
Disclaimer: The article is for informational purposes only and not investment advice.