Infomina forecast to benefit from sizeable tender pipeline

PETALING JAYA: Infomina Bhd’s trajectory looks positive moving forward, backed by an improved earnings visibility and a sizeable tender pipeline.

In a report, Kenanga Research said it was reassured of Infomina’s growth prospects after looking at the group’s fourth quarter of 2026’s earnings.

It noted the technology solutions firm had a RM565mil orderbook at the end of May this year, of which 86% is from recurring contracts, providing a healthy revenue visibility up to the next three years.

“The order book is predominantly recurring in nature, comprising RM487mil or 86% of renewal contracts, with the balance RM78mil from turnkey projects while overseas markets account for 56% of the total,” Kenanga Research noted.

In addition, Infomina has a RM1.6bil tender pipeline spanning public-sector, mainframe, cloud and artificial intelligence (AI) opportunities.

“Management highlighted Malaysia’s public sector as a key pipeline driver, complemented by regional opportunities across mainframe infrastructure, cloud, and AI, offering further upside to the current order book should tender conversion remain healthy,” the research firm said.

Furthermore, Kenanga Research said Japan has continued to be one of Infomina’s key growth pillars.

At present, Infomina serves more than 10 customers in Japan, out of a potential pool of over 40 identified customers.