Financials H1/2023, FY 2023
INFY Financials Summary:
| Year ended Mar | FY2023 | FY2022 | FY2021 |
|---|
| Sales ($ B) | 17.9 | 14.8 | 12.3 |
| Pretax ($ B) | 4 | 3.6 | 3.2 |
| Net ($ B) | 2.9 | 2.6 | 2.3 |
| EPS (INR) | 57.63 | 52.52 | 45.61 |
EPS up 9.7% to Rs57.63 in FY2023 [ y.e. 31 Mar 2023]
+ Net profit was up 9% from $2.6 billion in FY2022 to $2.9 billion in FY2023.
+ Earnings Per Share (EPS) was up 9.7% from Rs52.52 in FY2022 to Rs57.63 in FY2023.
Half-Yearly Financials
Infosys reports 6.8% rise in Half-Yearly Net Profit
Release Date: October 13, 2023
Infosys (BSE:500209; NSE:INFY), announced net profit of INR12,157 crores ($1.5b) for the half year-ended 30 September 2023, up 6.8% from the previous corresponding period.
Half-Yearly Report (H1 2023)
Compared with the Previous Corresponding Period [PCP; H/30 Sep 2022], year-over-year [y.o.y.] Revenue was up 8.3% and Net Profit was up 6.8%.
| Half year-ended | 30 Sep 2023 | 30 Sep 2022 |
|---|
| EPS, INR | 29.4 | 27.1 |
| PCP growth in EPS % | 8.3 | 8.0 |
| Revenue, INR | 76,927 crores | 71,008 crores |
| Revenue, $ billion | 9.3 | 8.5 |
| PCP growth in Revenue % | 8.3 | 21.1 |
| Net Profit, INR | 12,157 crores | 11,381 crores |
| Net Profit, $ billion | 1.5 | 1.4 |
| PCP growth in Net Profit % | 6.8 | 7.2 |
Currency Conversion (September 30, 2023): $1 = INR83.09; 1 crore = 10,000,000 and $1 million = Rs8.31 crores.
Currency Conversion (September 30, 2022): $1 = INR81.54
Financials, FY 2023 [year-ended 31 March 2023 ]
Infosys EPS Growth slows to 9.7%
Release Date: May 03, 2023
Infosys (BSE:500209; NSE:INFY), announced EPS of INR57.63 (US70.18c) for the year-ended 31 March 2023 [FY2023], up 9.7% from INR52.52 (US69.2c) in the previous year-ended 31 March 2022 [FY2022]. EPS growth from the year-ended 31 March 2021 [FY2021] to the year-ended 31 March 2022 [FY2022] was 15%.
Annual growth in Revenue, Net Profit and EPS
| Year-ended | 31 March [FY/2023] | 31 March [FY/2022] |
|---|
| Revenue, INR | 149,468 crores | 123,936 crores |
| Revenue, $ | 1,820 crores | 1,509 crores |
| Growth in Revenue % | 20.6 | 20.7 |
| Net Profit, INR | 24,095 crores | 22,110 crores |
| Net Profit, $ | 293 crores | 269 crores |
| Growth in Net Profit % | 9.0 | 14.3 |
| EPS, INR | 57.63 | 52.52 |
| Growth in EPS % | 9.7 | 15.2 |
Major changes compared with previous year (FY2023 vs FY2022):
Favourable Changes:
- Net profit up 9% from INR22,110.0 crores ($2.9b) to INR24,095.0 crores ($2.9b)
- Total revenue up 20.6% from INR123,936.0 crores ($16.3b) to INR149,468.0 crores ($18.2b)
- EPS up 9.7% from INR52.52 (US69.2c) to INR57.63 (US70.18c)
- EBIT to total assets up from 25.5% to 26.5%
- Total revenue to total assets up from 1.1 to 1.2
Unfavourable Changes:
- EBIT Margin down from 24.8% to 22.7%
- Profit before tax to Sales down from 24.8% to 22.7%
- Sales and marketing expenses to Sales up from 1.2% to 1.5%
- Debt to Equity up 18.2% from 0.2 to 0.3
- Current ratio down 9.5% from 2.0 to 1.8
Year-on-year comparison of Performance Ratios [FY2023 vs FY2022]
| March 31 | FY2023 | FY2022 | Change (%) |
|---|
| Return on Equity (%) | 31.8 | 29.2 | Up 8.9 |
| Return on Assets (%) | 19.2 | 18.8 | Up 2.1 |
| Total debt to net tangible assets (%) | 33 | 26.5 | Up 24.5 |
| Debt/Equity | 0.3 | 0.2 | Up 18.2 |
| Common Size Ratios by Assets % | | | |
| Current Debtors to Total Assets | 20.2 | 19.3 | Up 4.9 |
| Long-term investments to Total Assets | 12.2 | 12.8 | Down 4.8 |
| Future income tax benefit to Total Assets | 1.0 | 1.0 | Down 2.7 |
| Non-current inventory to Total Assets | 0.2 | 0.4 | Down 43.3 |
Currency Conversion (March 31, 2023): $1 = INR82.12; 1 crore = 10,000,000 and $1 million = Rs8.21 crores.
Currency Conversion (March 31, 2022): $1 = INR75.9
Five-year record of growth and performance:
In the last 5 years Total Revenue averaged INR110,469.2Cr, EBITDA averaged INR29,393.8Cr and Net Profit averaged INR19,545.2Cr. Compound Annual Growth Rate (CAGR) averaged 15.1% for Total Revenue, 8.5% for Net Profit and 11.1% for EBITDA.
| Description | Annual (INR Cr) | 5-year Avg (INR Cr) | 5-year CAGR % |
|---|
| Total Revenue | 149,468 | 110,469.2 | 15.1 |
| EBITDA | 37,547 | 29,393.8 | 11.1 |
| Operating Profit | 33,322 | 26,621.6 | 10.5 |
| Net Profit | 24,095 | 19,545.2 | 8.5 |
Five-year record of EBITDA, Operating Profit, Net Profit, ROE, ROA and ROCE
In 2023 Net Profit Margin of 16.4% was below its 5-year Avg of 17.9% (All Figures in %)
| Description | 2023 | 5-year Avg |
|---|
| EBITDA Margin | 25.1 | 26.7 |
| Operating Profit Margin | 22.7 | 24.3 |
| Net Profit Margin | 16.4 | 17.9 |
| Return on Equity | 31.8 | 27.1 |
| Return on Assets | 19.2 | 18.4 |
| Return on Capital Employed | 38.5 | 33.6 |
Top Management and Board of Directors
Top Management
Top Management [One top executive with tenure > 6 yrs]
| Name | Designation | Since Appointment |
|---|
| Nandan Nilekani | Chairman, Co-Founder | 6 Yrs, 8 Mos |
Top Management
| Name | Designation |
|---|
| Jayesh Sanghrajka | Chief Financial Officer |
| Salil S. Parekh | Chief Executive Officer, Managing Director |
Board Of Directors
Board Of Directors [Nine directors with tenure < 4 yrs]
| Name | Since Appointment |
|---|
| Chitra Nayak | 3 Yrs, 1 Mo |
| Nitin Paranjpe | 3 Mos |
| Govind Iyer | 1 Yr, 3 Mos |
| D N Prahlad | - |
| Ravi Venkatesan | - |
| Roopa Kudva | - |
| D Sundaram | - |
| Kiran Mazumdar-Shaw | - |
| Punita Kumar-Sinha | - |
Resignations in the Past Year
| Name | Designation | Date of Resignation |
|---|
| Nilanjan Roy | Chief Financial Officer | 31 March 2024 |
| Uri Levine | Independent Director | 19 April 2023 |
Profiles of Top Management
Salil S. Parekh
CEO & Managing Director
Salil Parekh, as Chief Executive Officer and Managing Director, sets and evolves the strategic direction for the company and its portfolio of offerings, while nurturing a strong leadership team to drive its execution. Salil has nearly three decades of global experience in the IT services industry with a strong track record of driving digital transformation for enterprises, executing business turnarounds and managing successful acquisitions.
Most recently, Salil was a member of the Group Executive Board at Capgemini, where he held several leadership positions for 25 years. He was responsible for overseeing a business cluster comprising Application Services (North America, UK, Asia), Cloud Infrastructure Services, and Sogeti (Technology & Engineering Services Division). He was responsible for the strategy and execution of these businesses - setting direction and enabling rapid client adoption. He was also the Chairman of Capgemini's North America Executive Council. He was the architect of the North America growth and turnaround strategy, and was instrumental in setting up their offshoring capabilities.
In his earlier role as Partner at Ernst & Young, Salil is widely credited for bringing scale and value to the Indian operations of the consultancy firm.
He holds Master of Engineering degrees in Computer Science and Mechanical Engineering from Cornell University, and a Bachelor of Technology degree in Aeronautical Engineering from the Indian Institute of Technology, Bombay.
Nandan Nilekani
Chairman
Nandan Nilekani is the Co-Founder and Chairman of Infosys Limited. He was the Founding Chairman of the Unique Identification Authority of India (UIDAI) in the rank of a Cabinet Minister from 2009- 2014. Nandan has co-founded and is the Chairman of EkStep Foundation, a not-for-profit effort to create a learner centric, technology based platform to improve basic literacy and numeracy for millions of children. In Jan 2023, he was appointed as the co- chair of the "G20 Task Force on Digital Public Infrastructure for Economic Transformation, Financial Inclusion and Development".
Born in Bengaluru, Nilekani received his Bachelor's degree from IIT, Bombay. Fortune Magazine conferred him with "Asia's Businessman of the year 2003". In 2005 he received the prestigious Joseph Schumpeter prize for innovative services in economy, economic sciences and politics. In 2006, he was awarded the Padma Bhushan. He was also named Businessman of the year by Forbes Asia. Time magazine listed him as one of the 100 most influential people in the world in 2006 & 2009. Foreign Policy magazine listed him as one of the Top 100 Global thinkers in 2010. In 2014, He won The Economist Social & Economic Innovation Award for his leadership of India's Unique Identification initiative (Aadhaar). In 2017, he received the Lifetime Achievement Award from E & Y. CNBC- TV 18 conferred India Business leader award for outstanding contributor to the Indian Economy-2017 and he also received the 22nd Nikkei Asia Prize for Economic & Business Innovation 2017. He has been inducted as International Honorary Member of the American Academy of Arts and Sciences in 2019. Business Standard Annual awards 2022 conferred, "The Life Time Achievement Award".
Nandan Nilekani is the author of "Imagining India", co- authored his second book with Viral Shah, "Rebooting India: Realizing a Billion Aspirations" and co-authored his third book with Tanuj Bhojwani, "The Art of Bitfulness: Keeping calm in the digital world" released in Jan 2022.
Shareholder Value:
Creation of shareholder value in Infosys:
Date of appointment: August 24, 2017
In the last 5 years the average annualized return to shareholders was 20.6%. The present value of INR1,000 (PV1000) invested 5 years ago is now Rs2,549, a gain of Rs1,251 and dividend reinvested of Rs297.
Jayesh Sanghrajka
CFO
Jayesh has over 25 years of experience across a wide spectrum of finance functions. He has worked at Infosys for 18 years - first between 2000-07 and currently since December 2012. Jayesh was appointed as the Deputy Chief Financial Officer for the Infosys Group in October 2015 and is presently responsible for various areas of the finance function including investor relations, business finance, corporate finance, treasury and tax. Additionally, he also oversees the mergers and acquisitions portfolio. In 2016, he was recognized by Businessworld magazine as the 'Most Promising Future CFO'. Jayesh is a Chartered Accountant and a Cost Accountant.
Profiles of Board of Directors
Roopa Kudva
Independent Director
Roopa Kudva is Managing Director of Omidyar Network India Advisors and Omidyar Network partner. Omidyar Network is a US-based philanthropic investment firm.
Previously, she was the MD and CEO of CRISIL, a global analytical company providing ratings, research, and risk and policy advisory services. She has led CRISIL's evolution from a leading Indian rating agency to a diversified analytical company with clients ranging from the largest investment banks of the world to tens of thousands of small firms spread across India. Under her leadership, CRISIL's market capitalization has grown four-fold from Rs. 2,900 crores to Rs. 14,000 crores, and revenues have tripled.
Ms. Kudva regularly features in lists of the most powerful women in business compiled by prominent publications, including Fortune and Business Today. She is a recipient of several prestigious awards including the 'Outstanding Woman Business Leader of The Year' at CNBC TV18's 'India Business Leader Awards 2012', India Today 'Corporate Woman Award 2014' and Indian Merchants' Chamber Ladies' Wing's 'Woman of the Year' Award 2013-14.
Ms. Kudva is a member of several policy-level committees relating to the Indian financial system, including committees of the Securities and Exchange Board of India and the Reserve Bank of India. She has also been a member of the Executive Council of NASSCOM. She is a regular speaker at global conferences and seminars by multilateral agencies, market participants, and leading academic institutions.
Ms. Kudva holds a postgraduate diploma in management from Indian Institute of Management, Ahmedabad (IIM-A) and also received the 'Distinguished Alumnus Award' from her alma mater.
Ravi Venkatesan
Independent Director
Ravi Venkatesan is the Chairman of the Board at Bank of Baroda. He is also the founder Chairman of Social Venture Partners India, a partner at Unitus Seed Fund and a fund advisor at Kalaari Capital. Ravi serves on the boards of Rockefeller Foundation, Infosys Ltd., and several advisory boards. He is the author of an acclaimed book 'Conquering the Chaos: Win in India, Win Everywhere' published by Harvard Business Review.
Prior to this, as Chairman of Microsoft India between 2004 and 2011, Ravi helped build Microsoft India into Microsoft's second-largest presence in the world. He was instrumental in creating Microsoft India's Project Shiksha, a computer literacy program which has so far trained over 40 million school children in India. Ravi was previously the Chairman of Cummins India and led its transformation into India's leading provider of engines and power solutions. He helped establish the Cummins College of Engineering, India's first engineering college for women, in Pune. Ravi has served on the boards of Harvard Business School, AB Volvo, Bunge, and Thermax.
Ravi has a B.S. from IIT Bombay, an MS from Purdue University, and an MBA from Harvard Business School where he was a Baker Scholar. He is a recipient of the IIT Bombay's Distinguished Alumnus Award and Purdue University's Distinguished Engineering Alumnus Award. He was voted as one of India's best management thinkers by Thinkers50.
Ravi brings a wealth of experience in corporate leadership, globalization, innovation and private sector approaches to social change in addition to a deep understanding of the political economy of India.
Kiran Mazumdar-Shaw
Independent Director
Kiran Mazumdar-Shaw is Chairperson and Managing Director of Biocon Limited, a biotechnology company based in Bangalore, India.
Kiran is highly respected in the corporate world and has been named among TIME magazine's 100 most influential people in the world. The Economic Times placed her at India Inc.'s top 10 most powerful women CEOs for the year 2012. Her pioneering efforts in biotechnology have drawn global recognition for both the Indian industry and Biocon.
Kiran holds a bachelor's degree in Zoology from Bangalore University, India, and is qualified as a Master Brewer from Ballarat University, Australia. She has also received many honorary doctorates in recognition of her pre-eminent contributions to the field of biotechnology.
D N Prahlad
Independent Director
D. N. Prahlad is the Chairman of EdgeVerve Limited.
D. N. Prahlad is the founder and CEO of Surya Software Systems Private Limited, Bangalore. Surya focusses on products for financial risk management of financial institutions in general and banks in particular.
In addition, Prahlad is on the advisory board of Computer Science and Automation Department of Indian Institute of Science, Bangalore. He served as an adjunct faculty at Indian institute of Information Technology, Bangalore in its formative years. He serves as an advisory board member of PathShodh Healthcare, a company with leading edge nano-technology in diagnostic measurements related to diabetes.
Prahlad is a B.Sc. with honours in mathematics from Bangalore University and B.E. (Electrical technology and Electronics) from Indian Institute of Science, Bangalore.
Prior to founding Surya, Prahlad played a key role in the rapid growth of Infosys Technologies, being associated with Infosys from its formative years. He brings with him a high level of experience of working with multiple Fortune 50 clients, creation of new services, products and strategies.
Punita Kumar-Sinha
Independent Director
Dr. Punita Kumar-Sinha has focused on investment management and financial markets during her 25-year career. She spearheaded some of the first foreign investments into the Indian equity markets in the early 1990s. Currently, she is the Founder and Managing Partner, Pacific Paradigm Advisors, an independent investment advisory and management firm focused on Asia. Dr. Kumar-Sinha is also a Senior Advisor and serves as an Independent Director for several companies. Prior to founding Pacific Paradigm Advisors, she was a Senior Managing Director of Blackstone and the Chief Investment Officer of Blackstone Asia Advisors. Dr. Kumar-Sinha was also the Senior Portfolio Manager and CIO for The India Fund (NYSE:IFN), the largest India Fund in the US, for almost 15 years, The Asia Tigers Fund (NYSE:GRR), and The Asia Opportunities Fund.
Prior to joining Blackstone, Dr. Kumar-Sinha was a Managing Director and Senior Portfolio Manager at Oppenheimer Asset Management Inc., and CIBC World Markets, where she helped open one of the first India advisory offices for a foreign firm. She also worked at Batterymarch (a Legg Mason company), Standish Ayer & Wood (a BNY Mellon company), JP Morgan and IFC/World Bank.
Dr. Kumar-Sinha has been frequently featured in the media, including: The Financial Times, The New York Times, The Wall Street Journal, Barron's, Forbes, CNN, CNBC, Fox News, Star News, Bloomberg, ET Now and The Economic Times. She has also anchored a TV series on ET NOW on various global economies, key Indian policy issues and their impact on capital markets. Dr. Kumar-Sinha has been a speaker at many forums and many of her contributions at seminars and conferences have projected the potential and prospects of Asia as an investment destination.
Dr. Kumar-Sinha has a Ph.D. and a Masters in Finance from the Wharton School, University of Pennsylvania. She received her undergraduate degree in chemical engineering with distinction from the Indian Institute of Technology, New Delhi. She is an MBA and also a CFA Charter holder. Dr. Kumar-Sinha is a member of the CFA Institute, the Boston Security Analysts Society and the Council on Foreign Relations. She is a Charter Member and was a Board Member of TIE-Boston. Dr. Kumar-Sinha has been awarded the Distinguished Alumni Award from IIT Delhi.
D Sundaram
Independent Director
D. Sundaram, Vice Chairman & Managing Director, TVS Capital Funds Ltd.
D. Sundaram's experience spans corporate finance, business performance, monitoring operations, governance, mergers & acquisitions, talent/people management and strategy.
Sundaram joined Hindustan Unilever Limited as Management Trainee in June 1975; and served in various capacities as Corporate Accountant, Commercial Manager and Treasurer till 1990. He was seconded to Unilever, London as Commercial Officer for Africa and Middle East Group between 1990 and 1993. He was the Commercial Manager of TOMCO integration team in 1993 / 94. He was CFO of Brooke Bond Lipton from 1994 to 1996 and served in Unilever London between 1996 to 1999, as Sr. Vice President (Finance, IT and Strategy) for South Asia and Middle East. In April 1999 he returned to HUL as Finance & IT Director.
Sundaram was elevated as Vice Chairman of HUL in April 2008. In all, Sundaram has more than 34 years of experience with Hindustan Unilever Limited. He is a two-time winner of the prestigious "CFO of the Year for FMCG Sector" award by CNBC TV18 (2006 and 2008).
He is currently the Vice Chairman and MD of TVS Capital Funds Ltd in partnership with Gopal Srinivasan (TVS family) in a growth capital Private Equity Fund (TVS Shriram Growth Fund.) Assets under Management Rs. 1200 Cr. ($175m). Sundaram brings deep financial expertise and significant understanding of consumer related businesses to the PE operations.
Sundaram is a Post Graduate in Management Studies (MMS), Chennai, Fellow of the Institute of Cost and Management Accountants, and has done Harvard Business School's Advanced Management Programme (AMP).
Sundaram has served as an independent director on the Board of State Bank of India, between Jan 2009 to June 2014; of SBI Capital Markets between 2002 to 2014 and has been a member of the board of governors of Institute of Financial Management and Research, Chennai, since 2005.
He currently serves as an independent director on the boards of SBI General Insurance, GSK Pharma India, Crompton Greaves Consumer Limited and Trent Hyper Market (JV with TESCO).
Peer Comparison & Ranking of INFY
PEER COMPARISON: INFY IN INDICES
Infosys is a constituent of the following indices.
Its market capitalisation is $72 billion and accounts for 20.9% of the combined MCap of the BSE Information Technology Index.
| Index Name | MCap of Index ($ b) | INFY MCap as % of Index |
|---|
| BSE Information Technology Index | 344 | 20.9 |
| BSE Teck Index | 499 | 14.4 |
| BSE SENSEX Index | 1,760 | 4.1 |
| Nifty Index | 2,152 | 3.3 |
| BSE 100 Index | 2,720 | 2.6 |
| BSE 200 Index | 3,609 | 2.0 |
| BSE 500 Index | 4,244 | 1.7 |
GLOBAL PEER COMPARISON: INFY - SIZE (all figures in $)
In its Global Peer Group of 9 companies INFY is ranked second (2) by Revenue, Net Profit and fifth (5) by MCap, Total Assets.
| Name (Code) | MCap | Revenue | Net Profit | Total Assets |
|---|
| Rank of INFY | 5 | 2 | 2 | 5 |
| Infosys (INFY) | 71.8B | 17.9B | 2.9B | 15.1B |
| Booking Holdings (BKNG) | 118.3B | 17.1B | 3.1B | 25.4B |
| Meituan Dianping (03690) | 86.4B | 30.4B | (923.5M) | 33.8B |
| Synopsys (SNPS) | 78.6B | 5.8B | 1.2B | 10.3B |
| Cadence Design Systems (CDNS) | 77.6B | 3.6B | 849M | 5.1B |
| MercadoLibre (MELI) | 69.4B | 10.5B | 482M | 13.7B |
| NetEase (09999) | 63.8B | 13.3B | 2.8B | 23.9B |
| Constellation Software (CSU) | 56.6B | 6.6B | 512M | 7.9B |
| Dassault Systemes (DSY) | 54.7B | 6B | 991.4M | 15.2B |
GLOBAL PEER COMPARISON: INFY - RELATIVE VALUE INDICATORS
In value terms, comparing relative value of its shares, INFY is ranked
+ 2 out of 9 by Dividend Yield (%) [2.5]
+ 2 out of 9 by Price/Earnings per share [24.3]
+ 2 out of 9 by Price/Sales per share [3.9]
| Name (Code) | Currency Code | Last Price | Div Yld (%) | P/E | P/S |
|---|
| Rank of INFY by value | | | 2 | 2 | 2 |
| Infosys (INFY) | INR | 1,442.8 | 2.5 | 24.3 | 3.9 |
| Booking Holdings (BKNG) | USD | 3,463 | 0.2 | 45.1 | 6.9 |
| Meituan Dianping (03690) | HKD | 108.6 | | | 2.9 |
| Synopsys (SNPS) | USD | 515.5 | | 63.8 | 13.5 |
| Cadence Design Systems (CDNS) | USD | 285 | | 91.1 | 21.8 |
| MercadoLibre (MELI) | USD | 1,368.2 | | | 6.6 |
| NetEase (09999) | HKD | 145.8 | 2.8 | 21.6 | 4.8 |
| Constellation Software (CSU) | CAD | 3,681.5 | 0.1 | | 8.6 |
| Dassault Systemes (DSY) | EUR | 38.3 | 0.5 | 38.5 | 9.1 |
USD 1=
83.383272 Indian Rupees (INR); 7.836 Hong Kong Dollar (HKD); 1.372 Canadian Dollar (CAD); 0.939 Euro (EUR)
BUYSELLSIGNALS FUNDAMENTALS VALUATION RANKING:
Infosys vs Indian Market
Out of 3,958 stocks in the Indian Market, Infosys is ranked thirteenth(13) by Net Profit $, Thirty-third(33) by P/Earnings, Thirty-fourth(34) by P/Sales and Sixty-first(61) by Price/Net Tangible Assets.
| Indian Avg | INFY | INFY Rank |
|---|
| Net Profit $ | 58.6 M | 2.9 B | 13 |
| P/Earnings | 24.3x | 24.5x | 33 |
| P/Sales | 1.97x | 3.9x | 34 |
| Price/Net Tangible Assets | 2.95x | 10x | 61 |
| Yield (%) | 1 | 2.5 | 105 |
| ROE (%) | 14.2 | 31.8 | 182 |
| ROA (%) | 1.4 | 19.2 | 204 |
| Premium to 52-Wk Low (%) | 38.6 | 21.9 | 563 |
| EBITDA Margin% | 11.2 | 25.1 | 677 |
| P/Earnings/ Growth | - | 2.5x | 843 |
| EPS Growth YOY (%) | - | 9.7 | 1371 |
| Total Debt/Equity (the lower the better) | 1.1x | 0.3x | 1659 |
| Discount to 52-Wk High (%) | 7.8 | 16.7 | 2350 |
Negative values are shown in brackets.
Stock in Index and Stock in Sector
| Description | INFY | BSE SENSEX Index | % of BSE SENSEX Index | IT consulting & software sector | % of IT consulting & software sector |
|---|
| Net Profit $ | 2.9 B | 58.2 B | 5.0 | 13.7 B | 21.0 |
| Revenue $ | 17.9 B | 531.6 B | 3.4 | 93.4 B | 19.2 |
| Total Assets $ | 15.1 B | 2,136.3 B | 0.7 | 77.8 B | 19.4 |
| MCap $ | 71.8 B | 1,760 B | 4.1 | 396.6 B | 18.1 |
Relative Valuation Indicators: Stock vs Index and Stock vs Sector
| Description | INFY | BSE SENSEX Index Avg. | IT consulting & software sector Avg. |
|---|
| Price/Earnings | 24.5 | 29.5 | 33.7 |
| P/Earnings/Growth | 2.52 | -0.34 | -6.9 |
| Yield (%) | 2.46 | 1.14 | 1.98 |
| Price/Net Tangible Assets | 10.0 | 4.93 | 11.7 |
| Total Debt/Equity (the lower the better) | 0.26x | 0.86x | 0.2x |
MARKET SHARE
Infosys vs It Consulting & Software sector [It Consulting & Software sector Total in Brackets]
Revenue of Rs1,494.7 billion ($17.9 billion)[19.3% of aggregate sector revenue of Rs7,789.7 billion; up from 19.0% in the previous year.]
Net Profit of Rs240.9 billion ($2.9 billion) [21.2% of aggregate sector net profit of Rs1,145.4 billion; up from 20.8% in the previous year.]
GLOBAL RANK [out of 46,506 stocks] AND RANK OF INFOSYS IN THE ASIA REGION [out of 25,475 stocks]
| Description | Value | Global Rank | In Asia Region |
|---|
| MCap ($) | 71.8B | 235 | 41 |
| Total Assets ($) | 15.1B | 2,333 | 908 |
| Revenue ($) | 17.9B | 899 | 321 |
| Net Profit ($) | 2.9B | 503 | 156 |
| Return on Equity % | 31.8 | 1,843 | 740 |
| Net Profit Margin % | 16.1 | 7,664 | 4,094 |
| Price to Book | 9.9 | 33,877 | 21,608 |
| Price/Earnings | 24.3 | 16,578 | 10,431 |
| Yield % | 2.5 | 12,289 | 6,572 |
| PV1000 (1Year) $* | 1,220 | 11,374 | 6,397 |
| $* Change (1Year) % | 18.3 | 11,290 | 6,448 |
* 1 year ago $1 = INR 82.03
Apr 23, 2024: $ 1 equals INR 83.38
RANK OF INFOSYS IN THE BSE SENSEX INDEX [out of 30 stocks], IN THE INDIAN MARKET [out of 4013 stocks] AND IN THE IT CONSULTING & SOFTWARE SECTOR [out of 71 stocks]
| Description | Value | In BSE SENSEX Index | In Indian Market | In IT consulting & software sector |
|---|
| Total Assets (Rs) | 1,258.2B | 19 | 66 | 2 |
| Return on Equity % | 31.8 | 3 | 170 | 8 |
| Net Profit Margin % | 16.1 | 10 | 702 | 14 |
| Price to Book | 10.0 | 22 | 3,049 | 45 |
| Price/Earnings | 24.5 | 13 | 963 | 11 |
| Yield % | 2.5 | 5 | 111 | 6 |
| PV1000 (1Year) INR | 1,240 | 18 | 1,380 | 21 |
Glossary
ADVT: Average Daily Volume of shares Traded
Annual Return: Dividends Paid In a 12-Month Period/Price at the Beginning of the Period + Capital Gain or Loss over 1 Year/Price 1 Year Ago (%)
Capital Gain/Loss from n Years Ago to n-1 Years Ago: Capital Gain or Loss over 1 Year/Price 1 Year Ago (%)
Current Ratio: Current Assets/Current Liabilities (times)
Debt/Equity: Net Debt/Net Assets %
Dividend Yield: Dividend Per Share/Share Price (%)
EBIT Margin : Earnings Before Interest and Tax/Revenue (%)
Earnings Yield: Earnings Per Share/Share Price (%)
Income during the n years (3/2/1): Dividends received during the Period
Moving Average Price (n periods): Sum of Prices for each Period/Number of Periods
PCP: Previous Corresponding Period
PV1000: Present value of 1000 invested 1 year/'n' years ago
Price Close/Moving Avg Price: Latest Price/Moving Average Price
Price/Earnings: Share Price/Earnings Per Share (times)
Price/NTA: Closing Share Price/Net Tangible Assets Per Share (times)
Price/Sales: Share Price/Sales Per Share (times)
Relative Price Change [RPC]: Relative price change is price change of stock with respect to Benchmark Index
Relative Strength (6 Months): Price close today/Price close 6 months ago, then ranked by percentile within the entire market.
Return on Assets: Net Profit/Total Assets (%)
Return on Equity (Shareholders' Funds): Net Profit/Net Assets (%)
TSR: Total Shareholder Returns is expressed as an annualized rate of return for shareholders after allowing for capital appreciation and dividend
TTM: Trailing 12 Months
Volume Index (VI): Number of shares traded in the period/Average number of shares traded for the period
Volume Weighted Average Price (VWAP): The Volume Weighted Average Price (VWAP) is the summation of turnover divided by total volume in the same period.
Disclaimer: While this document is based on information sources which are considered reliable, it has been prepared without consideration of your specific investment objectives, financial situation or needs, so you should carry out your own analysis or seek professional investment advice before an investment decision is made. The document contains unbiased, independent equities data and analysis from Jupiter International (Australia) Pty Ltd trading as BuySellSignals (AFS Licence 222756), who provide round the clock analysis on every stock, every sector, every market, every day. BuySellSignals is not a broker, and does not have executing, corporate advisory or investment banking functions. Jupiter International (Australia) Pty Ltd, its directors, employees and contractors do not represent, warrant or guarantee, expressly or impliedly, that the information contained in this document is complete or accurate.
Data for the BuySellSignals algorithms is drawn from annual reports, company websites and similar sources of publicly available data. It should be used as a guide only.
Created by www.buysellsignals.com
