Analysts/Institutional Investor Meet/Con. Call Updates

To, Date: 30th October, 2026 The Listing and Compliance Department The Manager, National Stock Exchange of India Limited Listing Dept. Exchange Plaza, 5th Floor, BSE Limited Plot No. C/1, G block, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Dalal Street, Bandra East, Mumbai – 400051 Mumbai‐400001 Script Code: SM – INFOBEAN MH‐ IN Scrip Code: 543644 Subject: Transcripts of the earnings call conducted held on 29th October, 2026 at 09:30 A.M. (IST) Please find enclosed the transcripts of the earnings call conducted held on 29th October, 2026 for your information and records. This information will also be hosted on the Company’s website, at https://infobeans.ai/investors/ Thanking you, Yours Faithfully For InfoBeans Technologies Ltd Surbhi Jain Company Secretary & Compliance Officer InfoBeans Technologies Limited Sep 30, 2026, Q2 FY26 Earnings Conference Call Management Avinash Sethi, Co-founder Siddharth Sethi, Co-founder Mitesh Bohra, Co-founder Krunal Sanghvi, Associate Director-Finance Surbhi Jain, Company Secretary & Compliance Officer Surbhi Good morning ladies and gentlemen, welcome everyone and thanks for joining this Q2 FY 27 earnings calls for InfoBeans Technologies Limited. The results are available on the stock exchange. In case anyone does not have a copy of the same, please do write to us. We will be happy to send it over to you. To take us through the results of this quarter, we have with us three co-founders, Mr. Avinash Sethi, Mr. Siddharth Sethi and Mr. Mitesh Bhora. We will be starting the call with a brief overview of the company's performance and then we will allow the Q&A session. Kindly ask your question by raising your hand and the brief overview by Avinash is over and then we will address all the questions one by one. I would like to remind you all that everything said on this call that reflects any outlook for the future can be considered as a forward looking statement and must be used in conjunction with the uncertainty and the risks that we face. These uncertainties and risks are included but not limited to what we have mentioned in the prospectus filed with the SEBI and subsequent annual reports. With the said note, I turned over the call to Avinash. Over to Avinash. Avinash Thank you Surbhi. Thank you everybody for joining this call. I know it is market hours but you know results were out yesterday and we wanted to you know cover the report today itself. So please go to the slide deck. So InfoBeans as a company always believe in investing in the latest and greatest of the technologies available at the time and we have been investing heavily in the AI capabilities and the biggest news of this quarter in my mind is that we have got a Claude Select Services partner status from Anthropic and we have more than a dozen certified cloud developers and a couple of forward deployed engineers who are certified with us. So that gives us enormous power and strength to go to our customers and deploy Anthropic solutions or AI solutions at their business to improve their capabilities and efficiencies of the business. So if you look at the slide, I am assuming it is visible to all of you, we are present across the four geographies, three are the major markets, US, Middle East and Europe and we have development centres in India, in Indore, Pune, Chennai and Bengaluru. This is a quick roadmap of the transformation journey over the years, we have been in business for 26 years now, incorporated in 2000, we achieved our first milestone of 4 crores in 2007 and within 8 years in 2015, we kind of reached 10X and then from 15 to 23, we kind of reached again a little less than 10X at 399 crores, we acquired a couple of companies between 2019 and 2021 and before that we went public in 2017 on the SME platform and then moved to the main platform on 2019. We onboarded Phaneesh Murthy as our advisor to the board in 2024, it is more than two years now, Opal Perry joined us as an Independent Director in 2025 and we had our second buyback and a bonus in 2026. This is a quick numbers at a glance. So one of the biggest strengths of InfoBeans is that we have 50 large enterprise clients even at this size. We are a very small company in the entire IT landscape in India, but despite that we have Fortune 500 customers and Fortune 100 customers, which is part of our direct relationships. More than 94% of these clients come back for more work every year, and that's again a very important strength and a moat, if you want to call that. We've been investing heavily on AI, and our software development exercise is very, very AI enabled for the most part. We have done two successful acquisitions, as I mentioned, 2019 and 2021. One was a cross-border acquisition of Philosophy Group INC, and second was a Salesforce Platinum partner from Pune, called Eternus Solutions. We did two buybacks in 2021 and 2025. 2021 was four times of the IPO price, and 2025 was eight times of the IPO price. Last year's financials, we had a good run, good revenue growth versus, you know, good improvement in the margins both on the PAT and EBITDA side. A significant amount of cash and cash equivalents as a reserve in the company, and we've been growing at 23% CAGR since 2021. As I said, you know, all of these partnerships and certifications, I think the most important one is Claude Partner Network as of now. This is where our global service offerings are, AI-led engineering across the organization, and Salesforce and ServiceNow are the two technology platforms that we focus on, because both of these are being used by large enterprise customers, and it's kind of a segue into those clients for us once we get an entry inside these organizations using Salesforce and ServiceNow practices. We aim to focus on BFSI as a strong vertical for us because we have a dozen clients in the BFSI space and same with storage and virtualization as another vertical space that we have. A quick snapshot on the team, the three founders here, Avinash, Mitesh & Siddharth and we have our independent directors Opal, Mayuri and Sumer Sir. Sumer Sir has retired by a tenure in the month of October so he's already retired now. Very very strong engineering team and you know long timers at InfoBeans, Amit Makhija is almost two decades with InfoBeans and Denise is almost five years now. Kanan, again more than two decades, Kanupriya and Arpit. Very key people in terms of sales and client success, these are the people who hold the fort for us in front of the client, Ram, Geetanjali, Manish and Tarulata in different geographies. Quick snapshot of our clients, most of the clients prefer not to name them and therefore we have to put it under NDA. If you look at the NDA lot here, a Fortune 200 company, a Fortune 500 company, another Fortune 500, another Fortune 500 German company. So multiple such clients that we've been working with and most important factor here is their average age or average age of the relationship with these clients for InfoBeans is more than nine years now and you know ALM is a client which is with us for more than 22-23 years now, IQVIA is for more than 18 years now. So, very, very long relationships is another moat for InfoBeans as a company. Quick financial snapshot here, we have grown 28% YOY on the total revenue from 129 to 165. On EBITDA side, we have grown 14% and on PAT side, we have grown 16%. On the USD terms, we have grown 22% Y-o-Y, remaining was INR appreciation. The dollar appreciation against INR. On the quarterly basis also, I am happy to announce that we have grown at 6% Q-o-Q, which is quite a good growth in the current market situation. And EBITDA also has grown 14% and PAT has 21% Q-o-Q as well. Since we are closing our half yearly results here, there is a good comparison, quick comparison on H1 to H1 of last year. Note that the last year, H1 had about 6.3 crores of ERC, Employee retention credit from the US government, which is an extraordinary income, which we have for the comparison he [Showing first 8,000 characters — download PDF for full document]