Quick Ratios
Quarterly Results
Profit & Loss
Balance Sheet
Cash Flow
Ratios
Mkt Cap
Market Capitalization
₹318Cr
Rev Gr TTM
Revenue Growth TTM
24.01%
Peer Comparison
Compare up to 10 companies side by side across valuation, profitability, and growth.

INSPIRISYS
VS
| Quarter | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|
|
Growth YoY Revenue Growth YoY% | 22.1 | -3.4 | 82.5 | 42.1 | -2.3 | 20.9 | -54.3 | -34.6 | 22.0 | -18.8 | 42.3 | 63.3 |
| 89 | 79 | 172 | 114 | 92 | 98 | 78 | 75 | 109 | 76 | 108 | 121 |
Operating Profit Operating ProfitCr |
| 12.3 | 8.1 | 6.3 | 6.0 | 6.4 | 5.7 | 6.9 | 5.9 | 9.4 | 10.1 | 10.2 | 6.8 |
Other Income Other IncomeCr | 1 | 0 | 0 | 1 | 2 | 1 | 2 | 1 | 5 | 2 | 2 | -2 |
Interest Expense Interest ExpenseCr | 2 | 2 | 3 | 2 | 3 | 2 | 3 | 2 | 2 | 1 | 2 | 2 |
Depreciation DepreciationCr | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 |
| 10 | 4 | 7 | 5 | 5 | 4 | 5 | 2 | 12 | 8 | 12 | 4 |
| 2 | 1 | 2 | 1 | 1 | 1 | 1 | -10 | 5 | 2 | 4 | -13 |
|
Growth YoY PAT Growth YoY% | -89.7 | -20.4 | 62.1 | 407.1 | 567.9 | 178.3 | 956.8 | 271.8 | 227.8 | 146.6 | 96.3 | 41.1 |
| 0.6 | -3.7 | -0.2 | 2.9 | 3.8 | 2.4 | 4.5 | 16.6 | 10.2 | 7.3 | 6.2 | 14.3 |
| 0.1 | -0.8 | -0.1 | 0.9 | 0.9 | 0.6 | 0.9 | 3.3 | 3.1 | 1.5 | 1.9 | 4.7 |
| Financial Year | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|
|
| | 5.2 | 15.2 | -17.7 | 12.8 | -16.1 | -11.9 | -15.4 | 8.8 | 32.0 | -20.9 | 17.1 |
| 437 | 498 | 561 | 487 | 527 | 441 | 392 | 345 | 343 | 458 | 360 | 414 |
Operating Profit Operating ProfitCr |
| 10.1 | 2.6 | 4.8 | -0.5 | 3.6 | 3.9 | 2.8 | -0.9 | 7.8 | 6.7 | 7.2 | 9.0 |
Other Income Other IncomeCr | 1 | -26 | 1 | -8 | 8 | 10 | 5 | 5 | 5 | 4 | 9 | 7 |
Interest Expense Interest ExpenseCr | 23 | 21 | 25 | 19 | 18 | 14 | 11 | 8 | 8 | 11 | 9 | 6 |
Depreciation DepreciationCr | 12 | 13 | 15 | 7 | 5 | 8 | 7 | 5 | 6 | 5 | 5 | 7 |
| 1 | -133 | -11 | -37 | 4 | 6 | -1 | -12 | 20 | 21 | 23 | 35 |
| -2 | 4 | 4 | 2 | 3 | 3 | 2 | 2 | 4 | 5 | -3 | -2 |
|
| | -4,375.6 | 89.6 | -171.1 | 101.7 | 259.7 | -218.7 | -366.4 | 222.6 | 0.1 | 61.5 | 68.1 |
| 0.7 | -26.8 | -2.4 | -8.0 | 0.1 | 0.5 | -0.7 | -3.9 | 4.4 | 3.3 | 6.8 | 9.8 |
| -0.3 | -48.7 | -4.8 | 4.1 | 0.2 | 0.6 | -0.7 | -3.4 | -0.6 | 0.9 | 8.0 | 11.2 |
| Financial Year | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|
Equity Capital Equity CapitalCr | 30 | 30 | 30 | 30 | 34 | 40 | 40 | 40 | 40 | 40 | 40 | 40 |
| 91 | -52 | -78 | -67 | -46 | -22 | -24 | -39 | -48 | -10 | 19 | 28 |
Current Liabilities Current LiabilitiesCr | 249 | 281 | 346 | 271 | 323 | 218 | 217 | 185 | 205 | 227 | 126 | 146 |
Non Current Liabilities Non Current LiabilitiesCr | 77 | 77 | 74 | 48 | 59 | 72 | 15 | 14 | 16 | 7 | 83 | 86 |
Total Liabilities Total LiabilitiesCr |
Current Assets Current AssetsCr | 318 | 252 | 298 | 185 | 284 | 206 | 175 | 134 | 154 | 204 | 216 | 248 |
Non Current Assets Non Current AssetsCr | 137 | 101 | 101 | 98 | 86 | 101 | 72 | 65 | 58 | 59 | 51 | 52 |
Total Assets Total AssetsCr |
| Financial Year | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|
Operating Cash Flow Operating Cash FlowCr | 31 | 13 | 8 | 47 | 0 | 42 | 72 | -12 | 18 | 29 | 39 |
Investing Cash Flow Investing Cash FlowCr | -18 | -9 | -8 | 5 | 3 | -3 | -4 | 3 | 0 | -13 | -46 |
Financing Cash Flow Financing Cash FlowCr | 16 | -11 | 16 | -91 | 1 | -36 | -53 | 0 | -11 | 1 | -15 |
|
Free Cash Flow Free Cash FlowCr | 13 | 2 | 1 | 52 | -1 | 37 | 67 | -14 | 16 | 25 | 36 |
| 965.0 | -9.3 | -58.9 | -121.3 | 58.2 | 1,758.5 | -2,515.7 | 89.2 | 111.3 | 175.9 | 146.4 |
CFO To EBITDA CFO To EBITDA% | 62.8 | 96.7 | 29.8 | -2,022.0 | 2.0 | 239.3 | 636.7 | 387.6 | 62.9 | 87.9 | 139.2 |
| Financial Year | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|
Valuation Ratios Valuation Ratios |
Market Cap Market CapitalizationCr | 199 | 150 | 215 | 161 | 184 | 81 | 174 | 232 | 175 | 416 | 297 |
Price To Earnings Price To Earnings | 0.0 | 0.0 | 0.0 | 16.4 | 270.3 | 33.6 | 0.0 | 0.0 | 0.0 | 114.1 | 9.4 |
Price To Sales Price To Sales | 0.4 | 0.3 | 0.4 | 0.3 | 0.3 | 0.2 | 0.4 | 0.7 | 0.5 | 0.8 | 0.8 |
Price To Book Price To Book | 1.6 | -6.6 | -4.5 | -4.3 | -15.8 | 4.6 | 11.4 | 293.0 | -20.9 | 14.2 | 5.1 |
| 7.2 | 24.4 | 14.7 | -144.3 | 17.8 | 11.6 | 21.4 | -104.0 | 8.6 | 13.4 | 12.5 |
Profitability Ratios Profitability Ratios |
| 65.8 | 58.8 | 56.9 | 54.8 | 50.6 | 65.9 | 66.6 | 74.9 | 70.5 | 60.3 | 78.6 |
| 10.1 | 2.6 | 4.8 | -0.5 | 3.6 | 3.9 | 2.8 | -0.9 | 7.8 | 6.7 | 7.2 |
| 0.7 | -26.8 | -2.4 | -8.0 | 0.1 | 0.5 | -0.7 | -3.9 | 4.4 | 3.3 | 6.8 |
| 7.4 | -61.7 | 7.2 | -12.0 | 13.6 | 12.6 | 8.6 | -2.9 | 29.2 | 28.4 | 22.3 |
| 2.6 | 602.7 | 29.7 | 104.0 | -5.8 | 13.7 | -18.7 | -1,688.6 | -195.3 | 55.9 | 45.2 |
| 0.7 | -38.7 | -3.6 | -13.7 | 0.2 | 0.8 | -1.2 | -6.7 | 7.7 | 6.2 | 9.9 |
Operational Ratios Operational Ratios |
Solvency Ratios Solvency Ratios |
Liquidity Ratios Liquidity Ratios |
### **Overview**
Inspirisys Solutions Ltd (ISL) is a Chennai-based IT services and digital transformation company with a global footprint, delivering end-to-end technology solutions to enterprises across key industry verticals. Headquartered in Chennai, Tamil Nadu, and with operational roots in Hyderabad, Telangana, ISL serves clients in BFSI, Government/PSU, Telecom, Manufacturing, and Healthcare sectors. The company operates through a diversified portfolio of high-value services and proprietary intellectual property (IP)-based products, strategically focusing on digital transformation, cybersecurity, cloud modernization, and next-generation technologies such as AI, ML, and RPA.
ISL owns six international subsidiaries across the UAE, Japan, USA (two entities), UK, and India, and maintains a robust offshore delivery model supported by its wholly-owned subsidiary, **Inspirisys Solutions North America Inc (ISNA)**, which handles client engagements in the U.S. market.
---
### **Recent Financial Performance (as of Q1 FY2026 – June 30, 2025)**
- **Standalone Net Profit from Operations:** ₹18,765.08 lakhs (vs. ₹761.13 lakhs in Q1 FY2025), reflecting a significant year-over-year improvement.
- **Consolidated Net Profit Before Tax:** ₹16,722.79 lakhs, compared to a loss in the same quarter the previous year — indicating a strong financial turnaround and improved operational efficiency.
The company has demonstrated enhanced profitability, driven by growth in high-margin digital services, successful project execution, and expanding offshore revenue.
---
### **Core Business Divisions**
Inspirisys operates through four primary business units:
1. **Product Engineering & Development (PeD):**
- Offers services in **Cloud, Data Science, DevOps, RPA, AI/ML, Analytics, Testing & Test Automation**.
- Focuses on helping global enterprises modernize products and accelerate digital transformation.
- Delivers both client-specific solutions and IP-led offerings.
- Increasingly adopts **modular architectures, automation-first principles**, and governance-led delivery models.
2. **Banking Solutions:**
- A key growth driver, leveraging deep domain expertise in India’s BFSI sector.
- Core offerings:
- **Finacle Implementation & Customization (Core Banking)**
- **Government Business Module (GBM)** – used by nearly all public sector banks in India.
- **Government Business Suite (GBS)** – a next-gen, secure platform evolved from GBM for government payments and receivables.
- Developing new IP in **digital lending, compliance, risk mitigation**, and open banking.
- Active in the fast-growing Indian digital lending market, projected to exceed **$720 billion by 2030**.
3. **Infrastructure Management & Security:**
- Provides full-life-cycle IT infrastructure transformation: **data center modernization, network security, workplace automation, cloud infrastructure, and managed services**.
- Differentiates through **integrated delivery models** combining infrastructure, cloud, security, and application management.
- Strategic OEM partnerships enhance capabilities in system integration and technology-led transformation.
- **Cybersecurity is embedded across all offerings**, including advanced **threat detection, endpoint security, SOC (Security Operations Center), and RIM (Risk & Information Management)**.
4. **Warranty Management Services:**
- Offers end-to-end process management for OEMs and service providers.
- Key services: claims processing, SLA tracking, reverse logistics, spare parts inventory, and call center coordination.
- Enhances operational efficiency and customer satisfaction for clients in manufacturing and allied sectors.
---
### **Strategic Focus Areas**
- **Digital Transformation Leadership:** Positioned as a strategic partner in enterprise-wide digital transformation across private and public sector organizations, including PSUs.
- **IP-Led Growth:** Strong emphasis on proprietary platforms like **GBM, GBS, iSmart Reporting, and Digital Kiosk Solutions**, reinforcing long-term client engagement.
- **Next-Gen Technologies:** Investing heavily in **AI, ML, automation, platform engineering, and IoT**, to build intelligent, scalable solutions.
- **Cybersecurity Integration:** Proactive cybersecurity frameworks are now central to infrastructure and application offerings, addressing rising threats due to hyper-digitization.
- **Cloud & Hybrid Environments:** Supports multi-cloud and hybrid cloud orchestration with automation, managed services, and cloud-native development.
---
### **Industry Verticals & Market Presence**
Inspirisys serves five core industry sectors:
- Banking, Financial Services & Insurance (BFSI)
- Telecom
- Government & Public Sector Undertakings (PSUs)
- Manufacturing
- Healthcare
The company targets both domestic and offshore markets, with a growing focus on **India’s private enterprises and government digital initiatives**. Its Microsoft Dynamics practice is gaining traction, particularly in the **Middle East**.
---
### **Global Delivery & Subsidiaries**
- **Global Subsidiaries:** Six entities located in the **USA (2), UK, UAE, Japan, and India**.
- **Inspirisys Solutions North America Inc (ISNA):** Acts as the marketing arm for U.S. clients, managing both onsite and offshore delivery with employees deployed at customer locations.
- **Investment in ISNA:** ₹373 crores (as of March 31, 2021), underscoring commitment to expanding in North American markets.
---
### **Certifications & Operational Excellence**
- **CMMI Level 5 Certified:** Reflects high maturity in processes, enabling consistent, high-quality delivery across global projects.
- Focus on **operational optimization**, talent upskilling, and delivery innovation.
---
### **Competitive Landscape**
Inspirisys competes with large global IT service providers and agile niche players. It differentiates through:
- Integrated, **cross-functional solution delivery**.
- Strong **OEM alliances** (over 50 partners).
- High **customer trust** in mission-critical banking and government systems.
- Proprietary **IP products** that enhance stickiness and recurring revenue.
---
### **Additional Information**
- **Corporate Identification Number (CIN):** L20006TN1995PLC03086
- **Registered Office:** Chennai, Tamil Nadu, India
- **Key Technology Platforms:** Infrastructure, Cloud, Enterprise Security, AI/ML, IoT
- **Go-to-Market Approach:** Domain-focused, integrated solutions with cross-selling and upselling potential.