INDIAN INFOTECH SOFTWARE LTD Share Price

Indian Infotech and Software Limited is a Non-Banking Financial Company (NBFC) registered with the Reserve Bank of India. The company was incorporated in 1982 as Indian Leasers Limited. It operates in the fields of financing, investment and computer technology training, along with other related activities.

The company primarily focuses on providing financing through loans to both retail and corporate borrowers in India. It also supports startup companies as well as established businesses committed to the Make in India movement. It is headquartered in Mumbai and is listed on the BSE and Ahmedabad Stock Exchange. The company is not listed on the National Stock Exchange (NSE).

The market capitalisation of Indian Infotech and Software Limited stood at ₹290 crore as of January 25, 2024. India Infotech share price has gained 423% in the last three years.

Indian Infotech and Software Limited business operations

Indian Infotech and Software Limited (IISL) is also engaged in acquiring and selling shares of business firms with high growth potential, apart from its lending services. In FY23, around 21% of the revenue came from interest income and the remaining 79% came from the sale of shares.

The company operates within a single reported segment, primarily focused on finance and share trading activities. The company is registered with the RBI as a loan and investment company. However, it has failed to comply with all relevant laws, rules, circulars and regulations outlined in the Master Direction for loan and investment companies (Reserve Bank Directions, 2016).

Indian Infotech and Software Limited had no subsidiaries, joint ventures or associate companies, as of March 31, 2023.

Financial highlights

The company’s revenue from operations in FY23 stood at ₹47.06 crore, down 14.5% compared to ₹55.39 crore in FY22. The net profit in FY23 increased to ₹60.59 lakh compared to ₹31.72 lakh in FY22. The company's earnings per share (EPS) stood at ₹0.006 in FY23 compared to ₹0.003 in FY22.