Stock Analysis Report

InfoBeans Technologies

Executive Summary

InfoBeans Technologies Limited, a software services company, develops enterprise software for Web and mobile in India and internationally.

Snowflake Analysis

Flawless balance sheet with questionable track record.

Similar Companies

Share Price & News

How has InfoBeans Technologies's share price performed over time and what events caused price changes?

Latest Share Price and Events

Stable Share Price: INFOBEAN's share price has been volatile over the past 3 months.

Market Performance

7 Day Return




IN Software


IN Market

1 Year Return




IN Software


IN Market

Return vs Industry: INFOBEAN exceeded the Indian Software industry which returned -16% over the past year.

Return vs Market: INFOBEAN exceeded the Indian Market which returned 10.7% over the past year.

Shareholder returns

7 Day12.8%-4.3%-1.5%
30 Day104.7%-3.8%-2.7%
90 Day97.4%-1.8%1.3%
1 Year108.4%104.8%-15.2%-16.0%12.7%10.7%
3 Yearn/a-15.3%-22.2%22.0%15.1%
5 Yearn/a-0.6%-15.0%34.5%22.0%

Price Volatility Vs. Market

How volatile is InfoBeans Technologies's share price compared to the market and industry in the last 5 years?

Simply Wall St News


Is InfoBeans Technologies undervalued compared to its fair value and its price relative to the market?


Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: INFOBEAN (₹133.15) is trading above our estimate of fair value (₹62.52)

Significantly Below Fair Value: INFOBEAN is trading above our estimate of fair value.

Price To Earnings Ratio

PE vs Industry: INFOBEAN is poor value based on its PE Ratio (16.3x) compared to the Software industry average (11.5x).

PE vs Market: INFOBEAN is poor value based on its PE Ratio (16.3x) compared to the Indian market (13.1x).

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate INFOBEAN's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: INFOBEAN is overvalued based on its PB Ratio (2.4x) compared to the IN Software industry average (0.9x).

Next Steps

Future Growth

How is InfoBeans Technologies forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?


Forecasted Software industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as InfoBeans Technologies has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Next Steps

Past Performance

How has InfoBeans Technologies performed over the past 5 years?


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: INFOBEAN has a high level of non-cash earnings.

Growing Profit Margin: INFOBEAN's current net profit margins (14.2%) are lower than last year (17%).

Past Earnings Growth Analysis

Earnings Trend: INFOBEAN's earnings have grown by 14.7% per year over the past 5 years.

Accelerating Growth: INFOBEAN's earnings growth over the past year (0.1%) is below its 5-year average (14.7% per year).

Earnings vs Industry: INFOBEAN earnings growth over the past year (0.1%) exceeded the Software industry -5.4%.

Return on Equity

High ROE: INFOBEAN's Return on Equity (14.6%) is considered low.

Return on Assets

Return on Capital Employed

Next Steps

Financial Health

How is InfoBeans Technologies's financial position?

Financial Position Analysis

Short Term Liabilities: INFOBEAN's short term assets (₹775.7M) exceed its short term liabilities (₹75.0M).

Long Term Liabilities: INFOBEAN's short term assets (₹775.7M) exceed its long term liabilities (₹89.5M).

Debt to Equity History and Analysis

Debt Level: INFOBEAN's debt to equity ratio (0.1%) is considered satisfactory.

Reducing Debt: INFOBEAN's debt to equity ratio has reduced from 1.2% to 0.1% over the past 5 years.

Debt Coverage: INFOBEAN's debt is well covered by operating cash flow (10044.8%).

Interest Coverage: INFOBEAN earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet

Inventory Level: INFOBEAN has a low level of unsold assets or inventory.

Debt Coverage by Assets: INFOBEAN's debt is covered by short term assets (assets are 504x debt).

Next Steps


What is InfoBeans Technologies's current dividend yield, its reliability and sustainability?


Current Dividend Yield

Upcoming Dividend Payment

TodayFeb 19 2020Ex Dividend DateFeb 24 2020Dividend Pay DateMar 13 202018 days from Ex DividendBuy in the next 4 days to receive upcoming dividend

Dividend Yield vs Market

Notable Dividend: INFOBEAN's dividend (0.75%) is higher than the bottom 25% of dividend payers in the Indian market (0.6%).

High Dividend: INFOBEAN's dividend (0.75%) is low compared to the top 25% of dividend payers in the Indian market (2.58%).

Stability and Growth of Payments

Stable Dividend: Too early to tell whether INFOBEAN's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if INFOBEAN's dividend payments are increasing as they only just started paying a dividend.

Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (12.3%), INFOBEAN's dividend payments are thoroughly covered by earnings.

Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.

Next Steps


How experienced are the management team and are they aligned to shareholders interests?


Average board tenure


Siddharth Sethi (44yo)





Mr. Siddharth Sethi has been Managing Director of InfoBeans Technologies Limited since February 20, 2015. Mr. Sethi is responsible for software delivery for all geographies and business development in Euro ...

CEO Compensation Analysis

Compensation vs Market: Siddharth's total compensation ($USD98.10K) is above average for companies of similar size in the Indian market ($USD50.34K).

Compensation vs Earnings: Siddharth's compensation has been consistent with company performance over the past year.

Board Members

Siddharth Sethi
Chairman & MD5yrs₹7.02m24.99% 726.4m
Mitesh Bohra
President & Director8.8yrsno data24.99% 726.4m
Avinash Sethi
CFO & Director8.9yrs₹6.00m24.98% 726.3m
Santosh Mucchal
Non Executive Independent Director5yrs₹100.00kno data
Shilpa Saboo
Independent & Non-Executive Director4.6yrs₹100.00kno data
Sumer Singh
Independent & Non-Executive Director3.2yrs₹100.00kno data


Average Tenure


Average Age

Experienced Board: INFOBEAN's board of directors are considered experienced (5 years average tenure).


Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Company Information

InfoBeans Technologies Limited's company bio, employee growth, exchange listings and data sources

Key Information

  • Name: InfoBeans Technologies Limited
  • Ticker: INFOBEAN
  • Exchange: NSEI
  • Founded: 2011
  • Industry: Application Software
  • Sector: Software
  • Market Cap: ₹2.907b
  • Shares outstanding: 24.02m
  • Website: https://www.infobeans.com


  • InfoBeans Technologies Limited
  • Crystal IT Park
  • 2nd Floor
  • Indore
  • Madhya Pradesh
  • 452001
  • India


TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
INFOBEANNSEI (National Stock Exchange of India)YesEquity SharesININROct 2017


InfoBeans Technologies Limited, a software services company, develops enterprise software for Web and mobile in India and internationally. The company offers automated testing services; distributed storage systems; UX and UI design services; and custom application development services. It also provides publishing services for Web, mobile, and print, including data conversion; standard publishing process automation; digital transformation and mobility; workflow and document management; and digital selling and distribution services, as well as portal for accreditation enablement. In addition, the company offers automation services, such as continuous integration and delivery, and robotic process automation; and system integration services for IT service management, and business and operations management, as well as managed and consulting services. The company was incorporated in 2011 and is headquartered in Indore, India. 

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/19 13:15
End of Day Share Price2020/02/19 00:00
Annual Earnings2019/03/31

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.