IT stock jumps 9% after signing agreement with Education Committee of Shri Maheshwari Samaj
Alex Smith
3 weeks ago
Synopsis:
Infinity Infoway Ltd jumps 5% upon signing a five-year ERP agreement with Shri Maheshwari Samaj, Jaipur, worth ~Rs. 2.15 cr.
The shares of the Micro-Cap stock specializing in customized, cloud-based Enterprise Resource Planning (ERP) solutions for industries like education, manufacturing, retail, and construction, jumped upto 9 percent after signing a contract with the Education Committee of Shri Maheshwari Samaj for ERP implementation.
With a market capitalization of Rs. 221.66 crores on Monday, the shares of Infinity Infoway Ltd jumped upto 8.6 percent, making a high of Rs. 406.50 per share compared to its previous closing price of Rs. 374.00 per share.
What Happened
Infinity Infoway Ltd, engaged in customized, cloud-based Enterprise Resource Planning (ERP) solutions for industries like education, manufacturing, retail, and construction, has signed an ERP Software Service Agreement with The Education Committee of Shri Maheshwari Samaj, Jaipur.
The agreement is for the implementation, customization, support, and maintenance of ERP modules. The agreement, dated 28th November 2025, is in the ordinary course of business and valued at approximately Rs. 2.15 crores, representing over 10% of the company’s latest audited turnover. The contract spans five years and involves a one-time customization fee along with annual recurring per-student charges.
Financials & Others
The company’s revenue rose by 24 percent from Rs. 6.59 crore in September 2024 to Rs. 8.15 crore in September 2024. Meanwhile, the Net profit rose from Rs. 2.16 crore to Rs. 2.80 crore during the same period.
The company is nearly debt-free, with a very low debt-to-equity ratio of 0.03. It is generating strong returns, achieving a 61.7% return on capital employed (ROCE) and a 47.3% return on equity (ROE), indicating highly efficient use of both debt and equity.
Infinity Infoway Ltd. is a Software as a Service (SaaS) company that provides customized and cloud-based Enterprise Resource Planning (ERP) solutions to sectors like education, manufacturing, and retail.
It offers a Campus Management System for educational institutions and an Industrial ERP for businesses, along with web development and an online exam system. The company has developed a digital learning platform called “Brainzorg” and has won a national award for entrepreneurship.
The company serves leading educational and industrial clients, including Atmiya University, Hemchandracharya North Gujarat University, Saurashtra University, Nirma University, IISER Kolkata, National Law University Odisha, Indira Gandhi Institute of Technology, and Gujarat Council of Science & Technology.
Written by Sridhar J
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