Meta Infotech targets 4x profit by FY29 after record ₹270 cr revenue
CEO Venu laid out a plan to quadruple net profit in three years, targeting a 10-15% PAT margin by shifting from products to services. Order book of ₹506 cr provides over two years of revenue visibility.
— 3 earlier stories on Meta Infotech Ltd. →What's new
- Record revenue of ₹270 cr, up 23% YoY, but net profit fell to ₹11 cr from ₹14 cr due to investments.
- Management targets 4x net profit and 10-15% PAT margin by FY29 via shift from products to services.
- Order book at ₹506 cr provides over two years of revenue visibility.
Why this matters
The company is investing now to build a higher-margin services business. The plan to quadruple profit is ambitious for a ₹146 cr market-cap firm, but the strong order book and disciplined approach lend credibility. Execution risk remains high.
What we're watching
- Whether the product-services mix shifts from 85:15 to 70:30 as projected.
- Pace of domestic and international geographic expansion.
- Quarterly profit trajectory as investments continue.
The full read
Meta Infotech posted record revenue of ₹270 cr (+23% YoY) for FY26, but net profit dipped to ₹11 cr from ₹14 cr as the company invested in talent and expansion. CEO Venu used the concall to outline a three-year plan: quadruple net profit and achieve a 10-15% PAT margin by shifting from product sales (85% to 75%) toward higher-margin services. The order book of ₹506 cr underpins revenue visibility beyond two years. With a market cap of just ₹146 cr, the targets are ambitious but backed by a disciplined order-acceptance strategy that forgoes low-margin deals. The open question is whether a small-cap firm can execute on six-city domestic expansion plus Gulf, Australia, and Singapore while protecting margins. The detailed guidance suggests management has a clear roadmap, but the profit dip shows the near-term cost of that ambition.
Questions answered
- What drove Meta Infotech's revenue growth in FY26?
- Revenue rose 23% to a record ₹270 cr, driven by strong demand for cybersecurity solutions and expansion in India's undersupplied market.
- Why did net profit decline despite revenue growth?
- Net profit fell to ₹11 cr from ₹14 cr due to investments in talent, vendor partnerships, and geographic expansion aimed at building a higher-margin services business.
- How does the order book support future revenue?
- The order book of ₹506 cr provides over two years of revenue visibility, underpinning management's confidence in the growth trajectory.
- What is the plan to quadruple net profit?
- Management targets a 10-15% PAT margin by FY29 through shifting from product sales (85% mix) to higher-margin services (target 75% services mix) and expanding into six Indian cities and international markets.
- What is the current product-services revenue mix?
- The current mix is 85% product sales and 15% services, with a target to reach 75% services by FY29.
- Which new markets is Meta Infotech entering?
- The company plans to expand into six Indian cities and enter international markets including the Gulf, Australia, and Singapore.
Meta Infotech Ltd.
Latest quarter · Mar 2026
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All notes on METAINFO →- 18 Jun 2026 · 5:56 PM IST Meta Infotech targets 4x profit by FY29 after record ₹270 cr revenue
- 19d ago Meta Infotech bags ₹2.4 cr subscription orders from stock exchange
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- 27d ago Meta Infotech's transcript arrives late, adds nothing to the story