Infollion Research Services
- Market cap
- ₹ 136 Cr.
- P/E
- 10.5x
- P/B
- 2.13x
- 52-week range
- 133 – 436
- ROE
- 21%
- ROCE
- 28%
- Dividend yield
- 0%
- Debt / equity
- 0
- Sector
- Commercial Services & Supplies
- Industry
- Diversified Commercial Services
- Listed on
- NSE SME
About
Infollion Research Services Limited is an India-based consulting company. The Company is a tech-oriented marketplace, operating in the business-to-business (B2B) human cloud segment, catering to on-demand contingent hiring and work arrangements with senior management talent, subject matter experts, and high-ranking seasoned professionals. It provides platform for workers or knowledge providers (gig workers) and employers or knowledge seekers to connect and find synergetic outcomes. The Company operates in the premium segment of the gig-economy and are one of the enablers of contingent hiring, temporary workforce management, contracting statement of work (SOW)-employees, high-level independent consultations, knowledge tours, and more. The Company arranges contractual work arrangements for its clients by identifying, screening, vetting, and matching work requirements based on various parameters such as the nature, duration, objective, location, and pricing.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Diversified Commercial Services: 149 companies →Infollion Research Services against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)10.5 against a typical 20: cheaper than most peers (1st = cheapest).34th of 139
- Sales growth+68.6% against a typical +14.1% from a year earlier.28th of 115
- Profit growth+16.7% against a typical +3.4% from a year earlier.39th of 85
- Share price, 3 months−15.3% against a typical −8.9%.86th of 121
- Size₹ 136.4 Cr. market value against a typical ₹ 68.8 Cr. (1st = largest).46th of 128
Latest announcements
Exchange filings and their impact on the company.
- 22 Oct 2026Analysts/Institutional Investor Meet/Con. Call UpdatesMedium impactPositivePrice −1.7% that dayStrongest H1 with ~15% growth on higher pricing, with international and HUKSA momentum offsetting soft India consulting.
Infollion filed the transcript of its H1 FY27 earnings call held on October 16, 2026. Management said H1 was its strongest half with total revenue of about Rs 60 crore, operating revenue of Rs 59 crore up about 15% year-on-year, EBITDA of Rs 7.7 crore up 27% and PAT of Rs 6.7 crore up 24%, on about 10,500 calls with higher ticket size near Rs 56,000 and gross margin around 41%. International business in US, MENA and EU grew much faster than India but remains single-digit share, L&D vertical HUKSA almost doubled, and a new AI expert-use initiative Third Eye plus a Rs 1.2 crore 18% stake in Thermium are early-stage with no meaningful revenue yet.
- Strong sequential rebound with H1 revenue up 20% vs H2 and PAT up 24%, but YoY margins compressed.
Infollion reported H1 FY27 consolidated revenue of Rs 59.04 crore and PAT of Rs 6.74 crore, up 19.7% and 24.4% versus H2 FY26, but PAT was down 7.7% versus last year as costs grew faster. EBITDA margin was 12.8% and the company stayed debt-free with Rs 43.1 crore cash and Rs 25.45 crore receivables. It also invested Rs 0.6 crore in Thermium Private Limited and continued building its software platform.
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 15 Oct 2026 | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 16 Apr 2026 | Financial Results | Prior Intimation under Regulation 29(1) of SEBI LODR to consider and approve the Standalone and Consolidated Audited Financial Results of the Company for the half year and financial year ended March 31, 2026. |
| 14 Oct 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 along with Limited Review Report |
| 22 Apr 2025 | Board Meeting Intimation | INFOLLION RESEARCH SERVICES LIMITED has informed the Exchange about Board Meeting to be held on 22-Apr-2025 to inter-alia consider and approve the Audited Financial results of the Company for the Half Yearly ended March 2025 . |
| 14 Oct 2024 | INFOLLION RESEARCH SERVICES LIMITED has informed the Exchange about Board Meeting to be held on 14-Oct-2024 to inter-alia consider and approve the Unaudited Financial results of the Company for the Half Yearly ended September 2024 . | Board Meeting Intimation |
| 6 May 2024 | INFOLLION RESEARCH SERVICES LIMITED has informed the Exchange about Board Meeting to be held on 06-May-2024 to consider and approve the Yearly Audited Financial results of the Company for the period ended March 2024 and Other business. | Board Meeting Intimation |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 14 | 20 | 25 | 27 | 35 | 42 | 51 | 49 | 59 |
| Expenses | 11 | 17 | 20 | 22 | 28 | 35 | 43 | 43 | 52 |
| Operating Profit | 3 | 2 | 5 | 5 | 7 | 7 | 8 | 6 | 7 |
| OPM % | 22% | 12% | 21% | 18% | 20% | 18% | 17% | 12% | 13% |
| Other Income | 0 | 0 | 0 | 1 | 1 | 1 | 2 | 1 | 1 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 3 | 3 | 6 | 6 | 8 | 8 | 10 | 7 | 9 |
| Tax % | 25% | 26% | 25% | 27% | 25% | 24% | 27% | 21% | 24% |
| Net Profit | 2 | 2 | 4 | 4 | 6 | 6 | 7 | 5 | 7 |
| EPS in Rs | 3.2 | 2.49 | 4.36 | 4.48 | 6.13 | 6.65 | 7.4 | 5.5 | 6.78 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 44%
- 3 Years
- 44%
- TTM
- 16%
- 10 Years
- —
- 5 Years
- 43%
- 3 Years
- 45%
- TTM
- −13%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- −4%
- TTM
- —
- 10 Years
- —
- 5 Years
- 26%
- 3 Years
- 24%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Infollion Research Services | ₹ 174.45 | ₹ 136 Cr. | 10.5x | 2.1x | 21% | — |
| Tata Consultancy Services | ₹ 2,528.00 | ₹ 9,14,653 Cr. | 15.7x | 7.7x | 48% | 18.2% |
| Infosys | ₹ 1,154.50 | ₹ 4,68,523 Cr. | 14.8x | 4.8x | 31.2% | 16.5% |
| HCL Technologies | ₹ 1,424.00 | ₹ 3,86,426 Cr. | 18.8x | 4.4x | — | 13% |
| Tech Mahindra | ₹ 1,789.40 | ₹ 1,75,385 Cr. | 27.9x | 5.2x | — | 8.7% |
| Billionbrains Garage Ventures | ₹ 181.65 | ₹ 1,13,960 Cr. | 61.3x | 13.3x | — | 46.5% |
Management
- Gaurav Munjal
- Founder, Managing Director, Executive Director
- Abhishek Jha
- Chief Financial Officer
- Megha Rastogi
- Chief Compliance Officer, Company Secretary
- Abhay Sangal
- Vice President - Operations
- Varun Khandelwal
- Vice President - Research
- Parina Kalra
- Assistant Vice President - Operations
- Garima Pathak
- Assistant Vice President - Private Equity and Client Servicing
Prices are delayed and for information only. Nothing on this page is investment advice.