Infollion Crosses ₹100 Cr Revenue Milestone with 30% Growth in FY26; Plummets 16%

Synopsis: NSE SME-listed Infollion Research Services has filed its audited consolidated financial results for FY26, reporting revenue from operations of Rs.100.32 crore with consolidated PAT rising to Rs.12.72 crore, as the B2B human cloud platform builds scale on a debt-free balance sheet and a growing cash pile.

Shares of a Gurugram-based B2B human cloud services company came into focus on Thursday after its board approved audited standalone and consolidated financial results for the half year and full year ended March 31, 2026.

Revenue from operations crossed the Rs.100 crore mark for the first time, a threshold that carries operational significance for a company that was doing Rs.52 crore just two years ago. 

With a market capitalisation of Rs. 264.02 crore, the shares of Infollion Research Services Limited were trading at Rs. 271.95 per share, down 16.5 percent from its previous closing price of Rs. 325.70 apiece. It is trading at a P/E of 22.9.

On a consolidated basis, Infollion reported revenue from operations of Rs.100.32 crore for FY26, compared to Rs.77.30 crore in FY25 a 29.8 percent year-on-year increase. Total income including other income came in at Rs.102.99 crore versus Rs.79.51 crore in the prior year. Profit before tax on a consolidated basis stood at Rs.16.94 crore, marginally ahead of FY25’s Rs.16.46 crore. After accounting for tax, consolidated PAT settled at Rs.12.72 crore against Rs.12.44 crore in FY25.

The second half of FY26 showed some softening relative to the first: H2 revenue from operations came in at Rs.49.23 crore, below the Rs.51.09 crore recorded in H1. PBT for H2 was Rs.6.94 crore, a meaningful step-down from the Rs.10.01 crore delivered in H1. The sequential moderation warrants attention given that the company operates in a demand-linked, project-based staffing model one where revenue visibility depends on client hiring activity quarter to quarter.

On a standalone basis, PAT for FY26 was Rs.12.52 crore against Rs.12.39 crore the prior year. Basic EPS stood at Rs. 12.91 on a standalone basis and Rs. 13.11 on a consolidated basis for the full year.

The company’s balance sheet remains clean. Infollion carries zero long-term or short-term borrowings, and its cash and cash equivalents on a consolidated basis grew from Rs.35.47 crore at the start of FY26 to Rs.43.49 crore by year-end an accretion of Rs.8.01 crore generated entirely through operations and minor equity issuances under ESOP.

One item worth tracking: capitalised software under development rose from Rs.2.37 crore to Rs.5.26 crore year-on-year. The company is investing in its proprietary tech platform, and this build-out will need to convert into measurable platform monetisation or client stickiness over the next few reporting cycles to justify continued capitalisation.

Business Overview

Incorporated in 2009, Infollion Research Services operates as a B2B human cloud platform, connecting global clients with vetted expert professionals and senior management talent for contingent hiring, SOW-based contracting, and independent consultations. 

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.

The post Infollion Crosses ₹100 Cr Revenue Milestone with 30% Growth in FY26; Plummets 16% appeared first on Trade Brains.