Quick Ratios
Quarterly Results
Profit & Loss
Balance Sheet
Cash Flow
Ratios
Mkt Cap
Market Capitalization
₹31Cr
Rev Gr TTM
Revenue Growth TTM
22.34%
Peer Comparison
Compare up to 10 companies side by side across valuation, profitability, and growth.

INFONATIVE
VS
| Quarter | Mar 2024 | Mar 2025 |
|---|
|
Growth YoY Revenue Growth YoY% | | | 6.8 | 45.6 | 7.5 |
| 8 | 7 | 6 | 7 | 10 |
Operating Profit Operating ProfitCr |
| 19.9 | 4.9 | 46.0 | 32.1 | 15.8 |
Other Income Other IncomeCr | 0 | 0 | 0 | 0 | 1 |
Interest Expense Interest ExpenseCr | 0 | 0 | 0 | 0 | 0 |
Depreciation DepreciationCr | 0 | 0 | 0 | 0 | 0 |
| 2 | 1 | 5 | 3 | 2 |
| 1 | 0 | 1 | 1 | 1 |
|
Growth YoY PAT Growth YoY% | | | 184.4 | 1,252.9 | -58.2 |
| 12.2 | 2.4 | 32.4 | 22.0 | 12.6 |
| 0.0 | 0.0 | 0.0 | 0.0 | 1.3 |
| Financial Year | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|
|
| | 12.5 | -14.2 | 22.5 | 3.9 |
| 15 | 19 | 15 | 13 | 17 |
Operating Profit Operating ProfitCr |
| 17.6 | 8.4 | 13.8 | 39.3 | 23.4 |
Other Income Other IncomeCr | 0 | 0 | 0 | 1 | 1 |
Interest Expense Interest ExpenseCr | 0 | 0 | 0 | 0 | 0 |
Depreciation DepreciationCr | 0 | 0 | 1 | 1 | 1 |
| 3 | 2 | 2 | 8 | 6 |
| 1 | 0 | 1 | 2 | 1 |
|
| | -52.0 | 35.7 | 310.1 | -35.8 |
| 12.2 | 5.2 | 8.2 | 27.4 | 17.0 |
| 2.5 | 1.2 | 1.7 | 6.8 | 1.3 |
| Financial Year | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|
Equity Capital Equity CapitalCr | 0 | 0 | 1 | 1 |
| 7 | 9 | 9 | 15 |
Current Liabilities Current LiabilitiesCr | 3 | 5 | 2 | 7 |
Non Current Liabilities Non Current LiabilitiesCr | 0 | 0 | 2 | 2 |
Total Liabilities Total LiabilitiesCr |
Current Assets Current AssetsCr | 4 | 4 | 2 | 7 |
Non Current Assets Non Current AssetsCr | 7 | 9 | 12 | 18 |
Total Assets Total AssetsCr |
| Financial Year | Mar 2023 | Mar 2024 | Mar 2025 |
|---|
Operating Cash Flow Operating Cash FlowCr | 0 | 3 | 5 |
Investing Cash Flow Investing Cash FlowCr | -1 | -4 | -7 |
Financing Cash Flow Financing Cash FlowCr | 2 | -1 | 2 |
|
Free Cash Flow Free Cash FlowCr | | 4 | 5 |
| 31.8 | 238.4 | 81.6 |
CFO To EBITDA CFO To EBITDA% | 19.7 | 141.6 | 57.0 |
| Financial Year | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|
Valuation Ratios Valuation Ratios |
Market Cap Market CapitalizationCr | 0 | 0 | 0 | 0 |
Price To Earnings Price To Earnings | 0.0 | 0.0 | 0.0 | 0.0 |
Price To Sales Price To Sales | 0.0 | 0.0 | 0.0 | 0.0 |
Price To Book Price To Book | 0.0 | 0.0 | 0.0 | 0.0 |
| 0.1 | 0.9 | 0.7 | 0.4 |
Profitability Ratios Profitability Ratios |
| 100.0 | 100.0 | 100.0 | 100.0 |
| 17.6 | 8.4 | 13.8 | 39.3 |
| 12.2 | 5.2 | 8.2 | 27.4 |
| 39.9 | 14.2 | 17.3 | 41.3 |
| 29.3 | 12.3 | 14.3 | 37.0 |
| 21.1 | 7.9 | 10.1 | 23.8 |
Operational Ratios Operational Ratios |
Solvency Ratios Solvency Ratios |
Liquidity Ratios Liquidity Ratios |
Infonative Solutions Limited is a specialized provider in the digital education and instructional design sector. The company focuses on the end-to-end creation of technology-driven learning environments, custom content development, and the deployment of cloud-based educational infrastructure. Following its successful transition to a public entity in **April 2025**, the company has positioned itself as a high-growth player within the Indian and international e-learning markets.
---
### **Core Business Architecture & Service Portfolio**
The company operates through a centralized model based in **New Delhi**, with its primary corporate office located in **Saket**. Its business model is streamlined into a single primary reporting segment: **"Developing & Designing of E-learning content"** (as per **Accounting Standard 17**).
The service suite includes:
* **Custom E-learning Content & Courseware:** Bespoke instructional design and digital material development tailored for corporate and institutional needs.
* **Cloud-based Learning Management Systems (LMS):** Providing the essential digital infrastructure for hosting, managing, and delivering training programs.
* **Export of Services:** Delivering specialized instructional design and digital learning solutions to international markets, leveraging India’s skilled manpower.
* **Transfer Agent Services:** Specialized administrative frameworks for managing asset classes, currently utilized for internal group entities with the capacity for external expansion.
---
### **Strategic Milestones & Market Expansion**
The company has recently achieved several critical milestones that enhance its institutional credibility and market reach:
* **Public Listing:** Successfully completed an **Initial Public Offer (IPO)** on the **BSE SME platform**. The offer closed on **April 4, 2025**, and the company officially listed on **April 8, 2025** (BSE Code: **544393**; Symbol: **INFONATIVE-EQ**).
* **NaBFID Training Partnership:** In **November 2025**, the company was selected as an official **Training Partner** for the **National Bank for Financing Infrastructure and Development (NaBFID)**. This mandate, stemming from a **July 2025 RFP**, involves executing specialized training activities for one of India’s premier financial institutions.
* **Institutional Empanelment:** The company is aggressively pursuing high-value partnerships in the **financial infrastructure** and **professional training** sectors to diversify its revenue streams.
* **Operational Scalability:** The company maintains flexible service agreements that allow for the rapid deployment of specialized **equipment, software, and premises** to meet the rigorous performance requirements of institutional clients.
---
### **Financial Performance & Growth Trajectory**
Infonative Solutions has demonstrated a trajectory of significant financial expansion, characterized by a sharp increase in bottom-line profitability and consistent revenue growth.
**Annual Performance Comparison:**
| Metric | FY 2024-25 | FY 2023-24 | Y-o-Y Growth |
| :--- | :--- | :--- | :--- |
| **Revenue from Operations** | **₹21.67 crore** | **₹17.69 crore** | **22.49%** |
| **Profit After Tax (PAT)** | **₹5.95 crore** | **₹1.45 crore** | **309.6%** |
**Geographic Revenue Breakdown (H1 Comparison):**
| Segment (Values in Rs. Lacs) | FY 2024-25 (H1) | FY 2023-24 (H1) | Growth % |
| :--- | :--- | :--- | :--- |
| **Domestic Revenue** | **1,808.89** | **1,665.56** | **8.6%** |
| **Export Revenue** | **358.45** | **103.76** | **245.5%** |
| **Total Revenue** | **2,167.35** | **1,769.33** | **22.5%** |
**Key Financial Drivers:**
* **Profitability Surge:** The **309.6% increase in PAT** is attributed to enhanced **operational efficiency**, optimized **cost management**, and improved market traction.
* **Export Momentum:** A massive **245.5% increase in export revenue** highlights the company’s successful penetration into international markets.
* **Capital Structure:** The company maintains a clean balance sheet with **no preferential allotments, private placements, or debt instrument issuances** reported in **FY 2024-25**.
---
### **Corporate Governance & Shareholder Information**
The company maintains a robust compliance framework and a growing investor base.
* **Shareholder Base:** As of **July 2025**, the company manages approximately **1,400 shareholders/folios**.
* **Registrar and Transfer Agent (RTA):** **KFIN Technologies Limited** serves as the RTA under an agreement effective from the listing date.
* **Listing Details:**
* **Exchange:** BSE Limited (SME Platform)
* **ISIN:** **INE121B01015**
* **Status:** Fully compliant with listing regulations; **no pending litigations** or material foreseeable losses on long-term contracts.
---
### **Risk Management & Regulatory Landscape**
The company operates under a formal **Risk Management Policy** to mitigate exposure in an evolving global environment.
**Foreign Exchange Exposure:**
| Particulars (Rs. Lakhs) | FY 2024-25 | FY 2023-24 |
| :--- | :--- | :--- |
| **Foreign Exchange Earnings** | **358.45** | **103.76** |
| **Foreign Exchange Outgo** | **Nil** | **0.20** |
**Key Risk Factors:**
* **Data Privacy & Cybersecurity:** Strict adherence to the **Digital Personal Data Protection Act, 2023**, and the **Information Technology Act, 2000** is required. The company is liable for reporting breaches to **Cert-In** and managing the responsibilities of a **Data Fiduciary**.
* **Macro-Economic Headwinds:** Global **inflationary pressures** and **geopolitical tensions** may lead to cautious technology spending by international clients.
* **Operational Continuity:** Potential risks include **Force Majeure** events and dislocations in the **Indian financial markets** that could impact service delivery.
* **Talent Retention:** While India provides a **skilled manpower** advantage, the company must manage rising costs to maintain its competitive edge.
---
### **Future Outlook & Strategic Objectives**
Infonative Solutions is focused on **sustainable value creation** through three primary pillars:
1. **Technological Integration:** Leveraging **emerging technologies** to enhance the interactivity and efficiency of e-learning content.
2. **Institutional Depth:** Utilizing the **NaBFID empanelment** to establish a dominant position in infrastructure-related professional training.
3. **Asset Class Diversification:** Expanding the scope of **Transfer Agent** agreements to capture a wider share of both internal group and external market activities.