Infollion Research Services

SMENSE: INFOLLION
Compare with peers
₹ 174.45▲ 5.95 (+3.53%)12 Oct, 02:49 pm IST
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.

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 day
    Strongest 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.

    Filing
  • 15 Oct 2026Outcome of Board MeetingMedium impactPositivePrice −5% that day
    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.

    Filing

Board meetings

Results dates and other board meetings. Full calendar

Details
15 Oct 2026Financial ResultsTo consider and approve the financial results for the period ended September 30, 2026
16 Apr 2026Financial ResultsPrior 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 2025Financial ResultsTo consider and approve the financial results for the period ended September 30, 2025 along with Limited Review Report
22 Apr 2025Board Meeting IntimationINFOLLION 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 2024INFOLLION 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 2024INFOLLION 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

Share price

1M change −10.89%
1 of 2 filing days came with a big price moveBiggest −5% on 15 Oct 2026AI reading matched the move 0 of 1
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026Sep 2026
Sales142025273542514959
Expenses111720222835434352
Operating Profit325577867
OPM %22%12%21%18%20%18%17%12%13%
Other Income000111211
Interest000000000
Depreciation000000000
Profit before tax3366881079
Tax %25%26%25%27%25%24%27%21%24%
Net Profit224466757
EPS in Rs3.22.494.364.486.136.657.45.56.78

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
—
5 Years
44%
3 Years
44%
TTM
16%
Compounded Profit Growth
10 Years
—
5 Years
43%
3 Years
45%
TTM
−13%
Stock Price CAGR
10 Years
—
5 Years
—
3 Years
−4%
TTM
—
Return on Equity
10 Years
—
5 Years
26%
3 Years
24%
TTM
—

Shareholding

Latest: Mar 2026.

Promoters
51.65%
−0.08 pts in a year
FIIs
1.03%
+1.03 pts in a year
DIIs
9.77%
+6.41 pts in a year
Public
37.54%
−7.37 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 10.5xEPS (12 months) ₹ 12.53Median P/E 30.4x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Infollion Research Services₹ 174.45₹ 136 Cr.10.5x2.1x21%—
Tata Consultancy Services₹ 2,528.00₹ 9,14,653 Cr.15.7x7.7x48%18.2%
Infosys₹ 1,154.50₹ 4,68,523 Cr.14.8x4.8x31.2%16.5%
HCL Technologies₹ 1,424.00₹ 3,86,426 Cr.18.8x4.4x—13%
Tech Mahindra₹ 1,789.40₹ 1,75,385 Cr.27.9x5.2x—8.7%
Billionbrains Garage Ventures₹ 181.65₹ 1,13,960 Cr.61.3x13.3x—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.