Quick Ratios
Quarterly Results
Profit & Loss
Balance Sheet
Cash Flow
Ratios
Mkt Cap
Market Capitalization
₹1,079Cr
Rev Gr TTM
Revenue Growth TTM
9.51%
Peer Comparison
Compare up to 10 companies side by side across valuation, profitability, and growth.

IZMO
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% | 15.5 | 19.4 | 25.4 | 26.4 | 15.2 | 14.7 | 30.8 | 16.9 | 18.9 | 18.8 | 2.7 | 0.8 |
| 32 | 33 | 36 | 40 | 38 | 38 | 49 | 50 | 49 | 47 | 47 | 45 |
Operating Profit Operating ProfitCr |
| 27.9 | 20.0 | 20.2 | 20.9 | 23.9 | 19.6 | 16.2 | 14.1 | 18.8 | 17.1 | 22.5 | 23.8 |
Other Income Other IncomeCr | 0 | 1 | 1 | 1 | 1 | 1 | 29 | 2 | 1 | 1 | 4 | 3 |
Interest Expense Interest ExpenseCr | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 |
Depreciation DepreciationCr | 4 | 4 | 4 | 4 | 3 | 4 | 4 | 4 | 5 | 4 | 4 | 5 |
| 9 | 5 | 5 | 7 | 9 | 6 | 34 | 6 | 7 | 6 | 13 | 12 |
| 1 | 0 | 0 | 0 | 0 | 0 | 4 | 0 | 0 | 0 | 1 | 0 |
|
Growth YoY PAT Growth YoY% | 37.5 | 138.6 | 65.7 | 5.4 | 9.1 | 20.4 | 484.0 | -11.9 | -23.8 | -0.5 | -58.0 | 93.1 |
| 19.0 | 12.1 | 11.4 | 13.7 | 18.0 | 12.7 | 51.1 | 10.3 | 11.5 | 10.6 | 20.9 | 19.8 |
| 6.2 | 3.7 | 3.8 | 5.1 | 6.4 | 4.3 | 21.1 | 4.1 | 4.6 | 4.0 | 8.4 | 7.8 |
| 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 |
|---|
|
| 15.1 | 28.1 | 26.6 | 16.0 | 46.3 | 9.8 | 14.8 | 14.0 | 16.2 | 21.4 | 20.3 | 4.9 |
| 30 | 36 | 42 | 46 | 72 | 81 | 89 | 109 | 125 | 147 | 186 | 187 |
Operating Profit Operating ProfitCr |
| 10.2 | 15.8 | 23.5 | 27.5 | 21.7 | 19.9 | 23.2 | 17.8 | 18.9 | 21.4 | 17.1 | 20.6 |
Other Income Other IncomeCr | 8 | 8 | 4 | 3 | 4 | 8 | 23 | 6 | 4 | 3 | 33 | 9 |
Interest Expense Interest ExpenseCr | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 1 | 1 | 2 |
Depreciation DepreciationCr | 13 | 12 | 12 | 12 | 15 | 16 | 22 | 12 | 12 | 15 | 16 | 18 |
| -4 | 1 | 4 | 7 | 7 | 12 | 27 | 16 | 21 | 27 | 54 | 38 |
| 0 | -1 | -1 | 1 | 1 | 1 | 0 | 0 | 1 | 1 | 5 | 1 |
|
| -718.8 | 142.6 | 184.8 | 30.1 | 11.8 | 64.9 | 139.1 | -39.8 | 24.8 | 30.1 | 87.6 | -24.0 |
| -11.5 | 3.8 | 8.6 | 9.6 | 7.3 | 11.0 | 22.9 | 12.1 | 13.0 | 13.9 | 21.8 | 15.8 |
| -3.2 | 1.4 | 3.8 | 4.8 | 5.3 | 8.5 | 20.4 | 12.0 | 15.0 | 19.3 | 33.9 | 24.9 |
| 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 | 12 | 12 | 12 | 13 | 13 | 13 | 13 | 13 | 13 | 14 | 15 | 15 |
| 160 | 162 | 168 | 176 | 184 | 196 | 222 | 239 | 260 | 292 | 344 | 365 |
Current Liabilities Current LiabilitiesCr | 43 | 42 | 18 | 25 | 59 | 71 | 39 | 38 | 41 | 50 | 70 | 77 |
Non Current Liabilities Non Current LiabilitiesCr | 2 | 2 | 20 | 14 | 11 | 7 | 14 | 9 | 9 | 8 | 9 | 11 |
Total Liabilities Total LiabilitiesCr |
Current Assets Current AssetsCr | 35 | 39 | 43 | 40 | 64 | 65 | 64 | 65 | 71 | 97 | 152 | 177 |
Non Current Assets Non Current AssetsCr | 182 | 179 | 176 | 187 | 203 | 222 | 224 | 234 | 252 | 266 | 286 | 290 |
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 | 1 | 11 | 9 | 25 | 32 | 41 | 37 | 16 | 30 | 31 | 4 |
Investing Cash Flow Investing Cash FlowCr | -16 | -9 | -7 | -13 | -30 | -35 | -24 | -22 | -29 | -29 | -2 |
Financing Cash Flow Financing Cash FlowCr | -3 | -2 | -5 | -11 | -4 | -5 | 6 | -6 | 0 | 3 | 5 |
|
Free Cash Flow Free Cash FlowCr | -5 | 4 | -4 | -2 | 2 | 6 | 11 | -9 | 0 | 1 | 5 |
| -19.7 | 693.2 | 194.8 | 420.6 | 469.6 | 365.0 | 138.1 | 97.3 | 149.4 | 117.2 | 9.2 |
CFO To EBITDA CFO To EBITDA% | 22.2 | 167.5 | 71.0 | 147.0 | 158.8 | 202.4 | 136.5 | 66.1 | 102.6 | 76.5 | 11.7 |
| Financial Year | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|
Valuation Ratios Valuation Ratios |
Market Cap Market CapitalizationCr | 51 | 59 | 56 | 124 | 77 | 16 | 68 | 111 | 163 | 380 | 396 |
Price To Earnings Price To Earnings | 0.0 | 36.4 | 12.0 | 20.5 | 11.4 | 1.4 | 2.5 | 6.9 | 8.1 | 14.6 | 8.1 |
Price To Sales Price To Sales | 1.5 | 1.4 | 1.0 | 2.0 | 0.8 | 0.1 | 0.6 | 0.8 | 1.1 | 2.0 | 1.8 |
Price To Book Price To Book | 0.3 | 0.3 | 0.3 | 0.7 | 0.4 | 0.1 | 0.3 | 0.4 | 0.6 | 1.2 | 1.1 |
| 21.1 | 12.1 | 6.0 | 7.5 | 4.1 | 0.8 | 2.1 | 4.5 | 5.4 | 9.2 | 9.9 |
Profitability Ratios Profitability Ratios |
| 99.9 | 100.0 | 98.7 | 98.8 | 99.3 | 99.6 | 98.1 | 99.4 | 99.6 | 97.8 | 98.0 |
| 10.2 | 15.8 | 23.5 | 27.5 | 21.7 | 19.9 | 23.2 | 17.8 | 18.9 | 21.4 | 17.1 |
| -11.5 | 3.8 | 8.6 | 9.6 | 7.3 | 11.0 | 22.9 | 12.1 | 13.0 | 13.9 | 21.8 |
| -0.9 | 1.4 | 2.5 | 4.1 | 4.3 | 6.1 | 11.2 | 6.5 | 7.5 | 8.9 | 15.0 |
| -2.2 | 0.9 | 2.6 | 3.2 | 3.4 | 5.3 | 11.3 | 6.4 | 7.3 | 8.5 | 13.6 |
| -1.8 | 0.8 | 2.1 | 2.7 | 2.5 | 3.9 | 9.3 | 5.4 | 6.2 | 7.2 | 11.2 |
Operational Ratios Operational Ratios |
Solvency Ratios Solvency Ratios |
Liquidity Ratios Liquidity Ratios |
### **Overview**
IZMO Limited is an innovation-driven global technology company headquartered in **Bangalore, India**, with a strong international footprint spanning **22 countries**. Founded in **1995**, IZMO has evolved from a software solutions provider into a diversified technology leader operating at the intersection of **automotive digital retail, AI analytics, interactive media, and advanced semiconductor packaging**.
The company serves over **3,000 dealer customers worldwide**, including major OEMs like **Stellantis, Ford, Renault, Toyota, and Hertz**, and is recognized as a **world leader in automotive interactive marketing solutions**. IZMO is structured into four core divisions: **izmoAuto**, **izmoStock**, **FrogData**, and **izmoMicro**, each targeting high-growth, high-margin technology markets.
---
### **Core Business Divisions**
#### **1. izmoAuto – Digital Retail & CRM Platform**
- A leading **multilingual SaaS platform** for automotive dealers and OEMs, offering digital retail, CRM, and performance marketing tools.
- Operates in **22 countries**, with a dominant presence in **France and the US**, and recent expansion into the **US Hispanic market via autogozo.com**.
- Serves as the **mandated CRM platform** for **Stellantis’ entire European after-sales network** under a multi-year contract, covering 900+ dealer sites.
- Recently secured a **major OEM contract** to deploy its digital platform across Europe, reinforcing its role as a strategic growth engine.
- Offers tailored solutions such as **FixedOps Mojo** and **FixedOps Velocity** for service operations optimization.
#### **2. izmoStock – Global Automotive Imagery Division**
- Operators the **world’s largest library of automotive stock images and videos**, licensed to top-tier clients including **Hertz, Avis, Europcar, Edmunds, and Microsoft MSN Auto**.
- Redesigned platform launched in 2025 features **enhanced search, standardized image sets, transparent licensing, and seamless integration**.
- Drives digital retail transformation with **high-quality visual content** used in rental, leasing, insurance, and digital dealership contexts.
- Major operational studios in **Los Angeles and Brussels**, supported by **low-cost, high-volume post-production in India**.
#### **3. FrogData – AI-Powered Analytics & Decision Intelligence**
- AI platform delivering **actionable insights** to thousands of dealerships in the US and Europe.
- Flagship products:
- **FDAP (Data-to-Decisions Platform)**
- **WarrantyBoost+** and **WarrantyMind** for service and warranty optimization.
- Unique differentiator: **deep integration with DMS, CRM, IMS, and digital retail platforms** — the only company fully integrated across the US automotive ecosystem.
- Achieves a **98.5% gross revenue retention rate**, underscoring strong product-market fit.
- Projected to grow **50–70% annually**, with plans for European expansion and a targeted **$60–80 million valuation** in a planned fundraise.
#### **4. izmoMicro (izmo Microsystems) – Advanced Semiconductor Packaging**
- India’s **first specialist in silicon photonics packaging** and a pioneer in **System-in-Package (SiP) technology**.
- Key capabilities:
- 3D die stacking, fine-pitch wire bonding, RF/microwave packaging, power modules, co-packaged optics.
- Supports **high-speed applications up to 70 GHz** and **32-channel high-density fiber I/O** with **<2 dB insertion loss**.
- Operating a **Class 1000 clean room** in Bangalore, in partnership with **IIT Madras (CPPICS)**, focusing on **programmable photonic processors, quantum, and microwave photonics**.
- Achieved **breakthroughs in Galvanic Isolated Hex-Bridge Inverters** and **silicon photonics packaging**, serving AI hyperscalers, data centers, EVs, and aerospace.
- Positioned to capture opportunity in a **$2.65B (2025) → $9–10B+ by 2030** silicon photonics market, growing at **25–30% CAGR**.
---
### **Strategic Innovation Hubs**
- **izmo.ai**: AI innovation hub with **data scientists, engineers, and HPC infrastructure**, focused on developing cost-effective AI solutions for the automotive industry. Offers **5–15% efficiency gains** in pricing, operations, and customer engagement.
- **Automotive AI Factory** (Bangalore): End-to-end AI development facility delivering **enterprise-grade AI tools at 70–80% lower cost** than Western providers.
- **DEEP (Data Extraction & Enrichment Platform)**: Enhances data processing pipelines to support AI and analytics scalability.
---
### **Financial & Operational Highlights (Q2 FY26 – Nov 2025)**
- **Revenue**: **INR 60.11 crores** (+2.65% YoY)
- **EBITDA**: **INR 13.51 crores** (+42.4% YoY), **22.5% margin**
- **PAT**: **INR 12.56 crores**, **EPS: INR 8.43**
- **R&D Investment**: **Rs. 10–12 crores annually (Over 10% of revenue)**
- **SaaS Model**: Highly profitable **Annual Recurring Revenue (ARR)** with scalable margins
- **Client Expansion**: **100+ new US/Europe clients** in recent quarters; over **4,000 dealers** now using IZMO platforms post-Geronimo acquisition
---
### **Recent Strategic Initiatives & Growth Drivers**
- **Acquisition of Geronimo Web (2024)**: UK-based digital marketing firm serving OEMs and dealers across **37 countries**, adding **Ford** to the client roster and expanding into **Latin America & the UK**.
- **New Product Launches**:
- **izmoEmporio** (3D CGI virtual showroom): High engagement (>90%), deployed by Ford, Peugeot, Buckeye Honda.
- **izmoVR** (Virtual Test Drives): VR-based lead generation with global scalability.
- **EV Software Suite**: Targeting growing EV markets in Europe and the US.
- **Relaunch of izmoAuto in the USA** and **full digital rollout in Germany, Spain, Switzerland**.
- **Expansion into AI Infrastructure**: izmoMicro now supplying **silicon photonics solutions** to support **AI data centers and hyperscalers**, fueled by rising global AI demand.
---
### **Geographic & Market Presence**
- **Global footprint**: Offices in **San Francisco, Chicago, Paris, Brussels, Cologne, London, and Bangalore**.
- Subsidiaries in the US (Izmo Inc), Belgium (Izmo Europe BVBA), Singapore (Midrange Software Pte Ltd), and France (Groupe Izmo).
- **Multilingual platform** serving clients in **16+ languages**.
- **Revenue Base**: Over **98% from exports**, with significant concentration in **North America and Europe**.
- Strong penetration in **France (market leader)**, growing presence in **US, Spain, Germany, and Brazil**.
---
### **Technology & R&D Leadership**
- **DSIR-recognized R&D unit** under the **Make in India initiative**, focusing on **silicon photonics, AI, and semiconductor packaging**.
- Strategic **collaboration with IIT Madras**:
- Co-developing **programmable photonic chips**.
- Joint funding of **CPPICS center** with INR 29.9 crores (MeitY + IZMO).
- Investment in next-gen technologies: **co-packaged optics, GaN/SiC power modules, quantum photonics, and generative AI analytics** (natural language query interface for dealers).