Indian Infotech & Software Limited has transitioned to profitability, reporting a net profit of Rs 1.38 crore for FY 2025-26, compared to a net loss of Rs 6.92 crore in the previous year. The company is seeking shareholder approval at its upcoming September 30 AGM to increase borrowing and investment powers to Rs 500 crore. This shift suggests a significant scaling of its NBFC operations, making the upcoming AGM resolutions a key area for investors to monitor regarding future capital deployment.
Indian Infotech & Software Turns Profitable in FY26
Net Profit: Rs 1.38 crore | Borrowing Limit Proposal: Rs 500 crore
Reader Takeaway: Turnaround to profit is positive, but aggressive debt-fueled expansion plans require close monitoring of future capital deployment.
What just happened
Indian Infotech & Software Limited, a non-banking financial company (NBFC), has released its 44th Annual Report for the fiscal year ended March 31, 2026. The firm achieved a turnaround, reporting a net profit of Rs 1.38 crore against a loss of Rs 6.92 crore in FY25. Total income for the year jumped significantly to Rs 64.11 crore from Rs 39.43 crore in the prior fiscal year.
Why this matters
The company is aggressively seeking shareholder approval to scale its operations. Through special resolutions at the upcoming Annual General Meeting (AGM) on September 30, 2026, the board aims to raise its borrowing and investment limits to Rs 500 crore. This signal indicates the firm is preparing to deploy capital at a much larger scale than previously possible.
What changes now
Shareholders will vote on three critical financial thresholds:
- Raising investment, loan, and guarantee limits to Rs 500 crore.
- Increasing borrowing powers to Rs 500 crore under Section 180(1)(c).
- Setting a Rs 250 crore limit for material related party transactions for FY 2026-27.
Additionally, the company is appointing Mr. Yatin Vilas Chaphekar as a Non-Executive Independent Director and M/s SSRV & Associates as the new statutory auditors for a five-year term.
Risks to watch
Management noted technical difficulties on the MCA portal caused delays in filing statutory forms DIR-12 and MGT-14. While the board maintains that all related party transactions were conducted on an arm’s length basis, investors should watch for any further regulatory observations concerning compliance and governance protocols as the company expands its balance sheet.
What to track next
The outcome of the September 30 AGM is the most critical event. The approval of the Rs 500 crore threshold will define the company’s ability to take on debt and make new investments in its financing business segment.