Indo-City Infotech - 2026 Company Profile, Team

About Indo-City Infotech

Indo-City Infotech is a publicly listed company based in Mumbai (India) founded in 1992. IT software solutions and services are offered to multiple industries. Its Indian entity Indo-City Infotech Limited reported revenue of ₹5.59 Cr. Its focus areas include Business Services, IT Services and Suite. Its competitors include Happiest Minds and Datamatics; 2 of its 2 listed competitors have raised funding.

Company details

Indo-City Infotech was established in 1992 in Mumbai, India, as an IT software and solutions provider. Operations encompass BPO services in banking, financial, insurance, healthcare, and educational sectors, along with enterprise resource planning, e-commerce, internet services, portal development, and hardware and networking solutions. Focus is placed on industry verticals including BFSI, healthcare, and education.

Headquarters Mumbai, India
Stage Public
Sectors
Technology
Email
••••••••
Website indo-city.com
Legal Name Indo-City Infotech Limited
Date of Incorporation 22 Sep, 1992
Jurisdiction Mumbai, Maharashtra, India

Operational Areas

Technology → IT Services & Operations

Key Metrics

Market Cap
₹13.25 Cr
INDOCITY · BSE
Share Price
₹12.67
-0.55% today
Revenue
₹5.59 Cr
FY 2025-26 · -32.2% YoY
EBITDA
₹0.49 Cr
Margin 8.8%
Net Profit
₹0.27 Cr
FY 2025-26 · +121.4% YoY
P/E (TTM)
34.1x
P/B 1.1x
ROE
2.3%
ROCE 3.6%
Debt / Equity
0.01
Interest cover 0.0x

Associated legal entities of Indo-City Infotech

Indo-City Infotech operates through Indo-City Infotech Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.

Legal entity	Status	Incorporated	Registered in	Revenue (FY 2026)	Employees	Directors	Company page
Indo-City Infotech Limited Listed CIN L51900MH1992PLC068670	Active	22 Sep 1992	Mumbai, Maharashtra	₹5.6 Cr		6	View details

Board of directors of Indo-City Infotech Limited (Indo-City Infotech)

Indo-City Infotech Limited is the primary company behind Indo-City Infotech. The board of Indo-City Infotech Limited currently have 4 directors; the longest-serving is Shashi Aneel Jain, appointed in 2003. 8 earlier directors have ceased.

Director	Designation	Appointed	Tenure	Entity
Shashi Aneel Jain DIN 00103505	Director	22 Sep 2003	23 yrs 1 mo	Indo-City Infotech Limited
Aneel Banwari Jain DIN 00030742	Managing Director	07 Jan 2011	15 yrs 9 mo	Indo-City Infotech Limited
Arun Hariram Bubna DIN 08406885	Director	01 Apr 2019	7 yrs 6 mo	Indo-City Infotech Limited
Girdharilal Gopilal Gupta DIN 10720014	Director	30 Sep 2024	2 yrs	Indo-City Infotech Limited

IPO & Listings of Indo-City Infotech

Indo-City Infotech is a publicly listed company on the BSE with ticker symbol INDOCITY in India, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Listed onBSE: INDOCITY
Listed entityIndo-City Infotech Limited
Exchange sectorFinance

Financials of Indo-City Infotech

Exchange-reported figures of Indo-City Infotech Limited, the listed company behind Indo-City Infotech (BSE: INDOCITY).

Financial Highlights

FY 2025-26 · Standalone

Revenue

₹5.59 Cr

-32.2% YoY

EBITDA

₹0.49 Cr

+141.2% YoY

Profit After Tax

₹0.27 Cr

+121.4% YoY

Net Worth

₹11.67 Cr

+2.5% YoY

Total Assets

₹11.67 Cr

+0.3% YoY

Total Debt

Nil

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

Metrics	FY 2025-26	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21	FY 2019-20
Income statement
Revenue	5.59	8.24	21.01	18.09	9.31	2.29	1.66
Revenue growth	-32.2%	-60.8%	+16.1%	+94.3%	+306.6%	+38.0%	-
EBITDA	0.49	(1.19)	0.49	0.00	(0.06)	(0.56)	(0.83)
EBITDA margin	+8.8%	-14.4%	+2.3%	0.0%	-0.6%	-24.5%	-50.0%
Profit before tax	0.43	(1.25)	0.47	(0.01)	(0.04)	(0.57)	(0.86)
Net profit	0.27	(1.26)	0.92	0.14	(0.03)	(0.43)	(0.64)
Net profit margin	+4.8%	-15.3%	+4.4%	+0.8%	-0.3%	-18.8%	-38.6%
EPS (₹)	0.27	(1.21)	0.37	(0.12)	(0.03)	(0.40)	(0.60)
Balance sheet
Total assets	11.67	11.64	12.64	12.43	12.38	12.41	11.73
Net worth	11.67	11.38	12.64	12.26	12.38	12.41	11.73
Total debt	0.00	0.25	0.00	0.18	0.00	0.00	0.00
Cash & bank	5.60	2.17	3.28	3.54	0.95	1.30	1.23
Net working capital	8.11	5.48	6.08	5.16	1.96	2.56	8.43
Cash flow
Cash from operations	1.78	(1.27)	(0.24)	2.08	(0.16)	0.03	(1.26)
Cash from investing	1.65	0.17	(0.01)	0.52	(0.18)	0.04	0.78
Cash from financing	0.00	(0.01)	(0.01)	(0.01)	(0.01)	0.00	(0.02)

Particulars	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024
Revenue	1.76	0.51	4.48	0.04	0.19	0.64	2.12	1.70
Revenue growth (YoY)	+826.3%	-20.3%	+111.3%	-97.7%	-94.6%	-	-	-
Other income	0.12	0.10	0.09	0.06	0.12	0.07	0.01	0.05
Total expenses	1.23	1.14	3.97	0.12	(0.14)	1.12	2.72	1.90
EBITDA	0.53	(0.63)	0.51	(0.08)	0.33	(0.48)	(0.60)	(0.20)
EBITDA margin	+30.1%	-123.5%	+11.4%	-200.0%	+173.7%	-75.0%	-28.3%	-11.8%
Depreciation	0.02	0.02	0.02	0.01	0.01	0.01	0.01	0.01
Interest	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Profit before tax	0.63	(0.55)	0.58	(0.03)	0.44	(0.42)	(0.60)	(0.16)
Tax	0.10	0.15	0.00	0.00	0.00	0.00	0.00	0.01

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 30 Oct 2026

Particulars	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024
Revenue	1.76	0.51	4.48	0.04	0.19	0.64	2.12	1.70
Revenue growth (YoY)	+826.3%	-20.3%	+111.3%	-97.7%	-94.6%	-	-	-
Other income	0.12	0.10	0.09	0.06	0.12	0.07	0.01	0.05
Total expenses	1.23	1.14	3.97	0.12	(0.14)	1.12	2.72	1.90
EBITDA	0.53	(0.63)	0.51	(0.08)	0.33	(0.48)	(0.60)	(0.20)
EBITDA margin	+30.1%	-123.5%	+11.4%	-200.0%	+173.7%	-75.0%	-28.3%	-11.8%
Depreciation	0.02	0.02	0.02	0.01	0.01	0.01	0.01	0.01
Interest	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Profit before tax	0.63	(0.55)	0.58	(0.03)	0.44	(0.42)	(0.60)	(0.16)
Tax	0.10	0.15	0.00	0.00	0.00	0.00	0.00	0.01

Particulars	FY 2025-26	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21	FY 2019-20
Revenue	5.59	8.24	21.01	18.09	9.31	2.29	1.66
Revenue growth	-32.2%	-60.8%	+16.1%	+94.3%	+306.6%	+38.0%	-
Other income	0.00	0.00	0.01	0.01	0.05	0.00	0.00
Total expenses	5.10	9.43	20.52	18.09	9.37	2.85	2.49
Employee cost	0.27	0.28	0.28	0.15	0.16	0.14	0.15
EBITDA	0.49	(1.19)	0.49	0.00	(0.06)	(0.56)	(0.83)
EBITDA margin	+8.8%	-14.4%	+2.3%	0.0%	-0.6%	-24.5%	-50.0%
Depreciation	0.06	0.05	0.02	0.01	0.01	0.01	0.01
Interest	0.00	0.01	0.01	0.01	0.02	0.00	0.02
Profit before tax	0.43	(1.25)	0.47	(0.01)	(0.04)	(0.57)	(0.86)
Tax	0.16	0.01	0.07	0.12	(0.01)	(0.14)	(0.22)
Net profit	0.27	(1.26)	0.92	0.14	(0.03)	(0.43)	(0.64)
Net profit margin	+4.8%	-15.3%	+4.4%	+0.8%	-0.3%	-18.8%	-38.6%
EPS (₹)	0.27	(1.21)	0.37	(0.12)	(0.03)	(0.40)	(0.60)

Particulars	FY 2025-26	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21	FY 2019-20
Equity & liabilities
Share capital	10.40	10.40	10.40	10.40	10.40	10.40	10.40
Reserves & surplus	1.27	0.98	2.24	1.86	1.98	2.01	1.33
Shareholders' funds (net worth)	11.67	11.38	12.64	12.26	12.38	12.41	11.73
Secured loans	0.00	0.25	0.00	0.18	0.00	0.00	0.00
Unsecured loans	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total debt	0.00	0.25	0.00	0.18	0.00	0.00	0.00
Total liabilities	11.67	11.64	12.64	12.43	12.38	12.41	11.73
Assets
Gross block	1.93	1.76	1.66	1.36	1.12	1.11	1.07
Net block	1.30	1.19	1.14	0.85	0.62	0.65	0.61
Capital work in progress	0.00	0.00	0.00	0.00	0.24	0.00	0.00
Investments	0.00	1.46	1.46	2.15	2.73	2.79	1.66
Inventories	0.57	2.85	1.88	1.35	0.30	0.55	0.00
Sundry debtors	1.63	0.10	0.68	0.10	0.27	0.10	0.29
Cash & bank balances	5.60	2.17	3.28	3.54	0.95	1.30	1.23
Loans & advances	0.33	0.38	0.35	0.19	0.46	0.63	6.93
Total current assets	8.13	5.50	6.19	5.18	1.98	2.58	8.45
Total current liabilities	0.02	0.02	0.11	0.02	0.02	0.02	0.02
Net working capital	8.11	5.48	6.08	5.16	1.96	2.56	8.43
Total assets	11.67	11.64	12.64	12.43	12.38	12.41	11.73

Particulars	FY 2025-26	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21	FY 2019-20
Opening cash	2.17	3.28	3.54	0.95	1.30	1.23	1.73
Net cash from operating activities	1.78	(1.27)	(0.24)	2.08	(0.16)	0.03	(1.26)
Net cash from investing activities	1.65	0.17	(0.01)	0.52	(0.18)	0.04	0.78
Net cash from financing activities	0.00	(0.01)	(0.01)	(0.01)	(0.01)	0.00	(0.02)
Net change in cash	3.43	(1.11)	(0.26)	2.59	(0.35)	0.06	(0.50)
Closing cash	5.60	2.17	3.28	3.54	0.95	1.30	1.23

Particulars	FY 2025-26	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21	FY 2019-20
Growth
Sales growth	-32.2%	-60.8%	+16.1%	+94.3%	+306.6%	+38.0%	-
EBITDA growth	+141.2%	-342.9%	-	+100.0%	+89.3%	+32.5%	-
PBT growth	+9998.0%	-	+9998.0%	+75.0%	+93.0%	+33.7%	+19.6%
Net income growth	+121.4%	-237.0%	+557.1%	+566.7%	+93.0%	+32.8%	-
Revenue CAGR (3Y)	-32.4%	-4.0%	+109.4%	+121.7%	+42.6%	-9.5%	-1.9%
EBITDA CAGR (3Y)	-	+170.7%	-	-100.0%	-61.4%	-	+40.4%
Profitability & leverage
Net income margin	+4.8%	-15.3%	+1.9%	-0.7%	-0.3%	-18.8%	-38.6%
Return on capital employed	+3.6%	0.0%	+9.3%	0.0%	0.0%	0.0%	0.0%
Return on net worth	+2.3%	0.0%	+7.3%	0.0%	0.0%	0.0%	0.0%
Debt / equity	0.01	0.01	0.01	0.01	0.00	0.00	0.04
Long-term debt / equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest cover	0.00	-0.81	2.13	-100.00	-28.57	0.00	-2.38
Efficiency & per share
Fixed asset turnover	3.03	4.82	13.92	14.60	8.39	2.10	1.53
Inventory turnover	3.27	3.48	13.02	21.94	22.02	8.33	5.63
Debtors turnover	6.46	21.13	53.90	97.84	50.59	11.74	8.10
EPS (₹)	0.27	(1.21)	0.37	(0.12)	(0.03)	(0.40)	(0.60)
Dividend per share (₹)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Book value per share (₹)	11.22	10.95	12.16	11.78	11.90	11.93	11.28

Competitors of Indo-City Infotech

Indo-City Infotech has 2 listed competitors in our database, 2 of them funded. They include Happiest Minds and Datamatics.

Company Name	Domain	Founded	HQ Location	Total funding	Employees	Description
Happiest Minds	happiestminds.com	2011	Bengaluru, India	$64.83M	4,517	IT outsourcing services are delivered across multiple business lines.
Datamatics	datamatics.com	1975	Mumbai, India	$3M	5,875	Cloud-based text analytics and cognitive automation services are provided.

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Related news about Indo-City Infotech

Indo-City Infotech standalone net profit rises 20.45% in the June 2026 quarter | Capital Market News - Business Standard

Business Standard • 2 months ago

Indo-City Infotech reports standalone net profit of Rs 0.03 crore in the September 2022 quarter

India Infoline • 1 year ago

Indo-City Infotech to conduct board meeting

India Infoline • 1 year ago

Indo-City Standalone June 2024 Net Sales at Rs 3.50 crore, down 45.63% Y-o-Y

Moneycontrol • 2 years ago

Indo-City Infotech Says Approved Re-Appointment Of Aneel Jain As MD And Chairman

Reuters • 5 years ago

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Frequently Asked Questions about Indo-City Infotech

When was Indo-City Infotech founded?

Indo-City Infotech was founded in 1992.

Where is Indo-City Infotech located?

Indo-City Infotech is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

What is the annual revenue of Indo-City Infotech?

The primary company behind Indo-City Infotech, Indo-City Infotech Limited, reported revenue of ₹5.59 Cr for FY 2026, down 32% year on year.

What does Indo-City Infotech do?

Indo-City Infotech was established in 1992 in Mumbai, India, as an IT software and solutions provider. Operations encompass BPO services in banking, financial, insurance, healthcare, and educational sectors, along with enterprise resource planning, e-commerce, internet services, portal development, and hardware and networking solutions. Focus is placed on industry verticals including BFSI, healthcare, and education.

Who are the top competitors of Indo-City Infotech?

Indo-City Infotech's top competitors include Happiest Minds and Datamatics.

Is Indo-City Infotech publicly traded?

Yes, Indo-City Infotech is publicly traded on BSE under the ticker symbol INDOCITY.

Which legal entities are associated with Indo-City Infotech?

Indo-City Infotech operates through Indo-City Infotech Limited.

Who are the directors of Indo-City Infotech?

The legal entities of Indo-City Infotech currently have 6 directors, including Shashi Aneel Jain, Aneel Banwari Jain, Arun Hariram Bubna and others.