3i Infotech Ltd will continue its services for National Commodity & Derivatives Exchange Ltd. (NCDEX) for three years. The renewed contract is valued at ₹14.71 Crore and covers managed services, facility management, and asset management.

3i Infotech Renews NCDEX Contract

3i Infotech Ltd has announced a three-year contract renewal with the National Commodity & Derivatives Exchange Ltd. (NCDEX).
The contract is valued at ₹14.71 Crore and will be in effect from April 1, 2026, to March 31, 2029.

Reader Takeaway: Revenue visibility secured; reliance on existing client contracts is a key dependency.

What just happened

3i Infotech Ltd has secured a contract renewal with NCDEX, its existing client. This agreement extends their partnership for managed services, onsite facility management services (FMS), and asset management.
The contract is worth ₹14.71 Crore and will run for three years, starting from April 1, 2026.

Why this matters

The renewal provides 3i Infotech with predictable revenue for the next three years. It also highlights the company's ability to manage critical technology infrastructure for a significant financial exchange, indicating strong client relationships and service reliability.

The backstory

3i Infotech has been providing services to NCDEX. This renewal signifies a continuation of that established relationship. The filing explicitly states this is not a related party transaction.

What changes now

The current engagement will continue seamlessly under the renewed terms. The scope includes infrastructure management, end-user support, data centre operations, and security administration, ensuring continuity for NCDEX's operations.

Risks to watch

While the renewal brings stability, the company's reliance on long-term contracts with existing clients like NCDEX is a key factor. Future growth may depend on its ability to win new mandates and diversify its revenue streams.

Peer comparison

IT services companies often rely on managed services and long-term contracts for revenue stability. Companies like TCS, Infosys, and Wipro also manage large-scale IT infrastructure for financial institutions, though on a much larger scale.

Context metrics (time-bound)

The contract value of ₹14.71 Crore will be realized over the three-year period from April 1, 2026, to March 31, 2029.

What to track next

Investors will be watching for further contract wins and the company's performance in delivering these managed services. Monitoring the company's overall revenue growth and profitability will also be key.