1 Top Management and Board of Directors; 2 Top shareholders; 3 Peer Comparison & Ranking of INFY; 4 Currency Synopsis: Indian Rupees (INR)

Top Management and Board of Directors

Top Management

http://www.buysellsignals.net/BuySellSignals/report/Usnyse/Stock/Daily/Html/INFY_Board_Of_Directors.html

Board Of Directors

http://www.buysellsignals.net/BuySellSignals/report/Usnyse/Stock/Daily/Html/INFY_Board_Of_Directors.html


Top shareholders
Top 17 shareholders

Name of the Share HolderNumber Of Shares% of Capital
LIFE INSURANCE CORPORATION OF INDIA - ULIF002200913973140469.6
DEUTSCHE BANK TRUST COMPANY AMERICAS3955476729.5
SBI MUTUAL FUND1763767064.2
ICICI PRUDENTIAL MUTUAL FUND1069096542.6
SUDHA GOPALAKRISHNAN953570002.3
National Pension System Trust701567631.7
UTI MUTUAL FUND693998641.7
HDFC MUTUAL FUND684004931.6
GOVERNMENT OF SINGAPORE644329191.6
ROHAN MURTY608128921.5
NIPPON LIFE INDIA TRUSTEE555715001.3
SBI LIFE INSURANCE CO. LTD498598461.2
VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND492237661.2
GOVERNMENT PENSION FUND GLOBAL466011041.1
VANGUARD EMERGING MARKETS STOCK INDEX FUND448575691.1
ADITYA BIRLA SUN LIFE TRUSTEE426581341.0
ICICI PRUDENTIAL LIFE INSURANCE COMPANY LIMITED417546351.0
% held by Top 17 shareholders 44.2%


Peer Comparison & Ranking of INFY
PEER COMPARISON: INFY IN INDICES

Infosys is a constituent of the following indices.

Its market capitalisation is $58 billion and accounts for 22.8% of the combined MCap of the BSE Information Technology Index.

Index NameMCap of Index ($ b)INFY MCap as % of Index
BSE Information Technology Index254 22.8
BSE Teck Index437 13.2
BSE SENSEX Index1,739 3.3
Nifty Index2,163 2.7
BSE 100 Index2,795 2.1
BSE 200 Index3,627 1.6
BSE 500 Index7,444 0.8

BUYSELLSIGNALS FUNDAMENTALS VALUATION RANKING:
Infosys vs Indian Market

Out of 3,946 stocks in the Indian Market, Infosys is ranked eighteenth(18) by Net Profit $, Twenty-ninth(29) by P/Earnings, Twenty-ninth(29) by P/Sales and Fiftieth(50) by Price/Net Tangible Assets.

Indian AvgINFYINFY Rank
Net Profit $253 M2.9 B18
P/Earnings31.9x20.2x29
P/Sales3x3.2x29
Price/Net Tangible Assets5.03x6.8x50
Yield (%)0.73.585
ROA (%)2.0217.96221
ROE (%)13.927.8225
Premium to 52-Wk Low (%)94.52.9342
P/Earnings/ Growth1.5x11.5x499
EBITDA Margin%14.325.5704
EPS Growth YOY (%)21.71.81590
Total Debt/Equity (the lower the better)0.8x0.3x1806
Discount to 52-Wk High (%)12.824.82890
Negative values are shown in brackets.
Stock in Index and Stock in Sector

DescriptionINFYBSE SENSEX Index% of BSE SENSEX IndexIT consulting & software sector% of IT consulting & software sector
Net Profit $2.9 B74.1 B4.013.8 B21.3
Revenue $18.3 B615.6 B3.090.7 B20.2
Total Assets $16.4 B2,613.7 B0.677.8 B21.0
MCap $57.9 B1,738.9 B3.3299.2 B19.4

Relative Valuation Indicators: Stock vs Index and Stock vs Sector

DescriptionINFYBSE SENSEX Index Avg.IT consulting & software sector Avg.
Price/Earnings20.223.421.2
P/Earnings/Growth11.511.392.57
Yield (%)3.461.293.61
Price/Net Tangible Assets6.843.958.34
Total Debt/Equity (the lower the better)0.27x0.72x0.18x

MARKET SHARE
Infosys vs It Consulting & Software sector [It Consulting & Software sector Total in Brackets]
Revenue of Rs1,665.9 billion ($18.3 billion)[20.2% of aggregate sector revenue of Rs8,258 billion; down from 20.3% in the previous year.]
Net Profit of Rs267.1 billion ($2.9 billion) [21.3% of aggregate sector net profit of Rs1,253.9 billion; down from 22.6% in the previous year.]

GLOBAL RANK [out of 46,316 stocks] AND RANK OF INFOSYS IN THE ASIA REGION [out of 26,264 stocks]

DescriptionValueGlobal RankIn Asia Region
MCap ($)57.9B43496
Total Assets ($)16.4B2,269894
Revenue ($)18.3B892324
Net Profit ($)2.9B515165
Return on Equity %27.82,018906
Net Profit Margin %16.17,5474,169
Price to Book9.731,53120,953
Price/Earnings27.016,29610,568
Yield %2.99,4725,152
PV1000 (1Year) $*74834,93621,104
$* Change (1Year) %4.317,39410,401

* 1 year ago $1 = INR 87.31
Feb 27, 2026: $ 1 equals INR 91.03

RANK OF INFOSYS IN THE BSE SENSEX INDEX [out of 29 stocks], IN THE INDIAN MARKET [out of 4305 stocks] AND IN THE IT CONSULTING & SOFTWARE SECTOR [out of 79 stocks]

DescriptionValueIn BSE SENSEX IndexIn Indian MarketIn IT consulting & software sector
Total Assets (Rs)1,489B16652
Return on Equity %27.842077
Net Profit Margin %16.11273513
Price to Book6.8172,87243
Price/Earnings20.2990212
Yield %3.54907
PV1000 (1Year) INR781271,52919

LONG-TERM FUNDAMENTAL RANKING: 4 OUT OF 5 [5 is best]
Infosys is ranked number 2 out of 105 listed it consulting & software companies in the India with a market capitalization of Rs5,271.4 billion ($57.9 billion).
In the it consulting & software companies it has the 2nd highest total assets and 2nd highest revenues.
Within its sector it has a relatively low P/E of 20.2.

It has a strong relative ROE of 27.8% and ROA of 18%. The company paid a dividend of Rs22.0 in the last twelve months. The dividend yield is high at 3.5%. Finally, its earnings growth in the past 12 months has been a comparatively high 1.8%.
Stocks are scored on a set of parameters reflecting fundamental analytical tools involving valuation, size and financial performance. They are ranked according to the average values of those parameters. The highest ranking is 5 and the lowest ranking is 1.


Currency Synopsis: Indian Rupees (INR)
% Change of INR vs Currency Basket Period-Based
In the past year the Indian Rupee fell 4.2% against the US Dollars; in the past three years the Indian Rupee fell 9.0% against the US Dollars.

LastCountry1-day %1-week %1-Year %3-Yrs %
INR1=0.011USDUnited States Of America-0.3-4.2-9.0
INR1=0.075CNYChina-0.4-0.7-9.7-10.3
INR1=1.717JPYJapan-0.31.10.15.1
INR1=0.009EUREuropean Union-0.3-14.8-18.3
INR1=15.704KRWSouth Korea-0.3-1.0-4.5-0.6
INR1=0.014SGDSingapore-0.1--9.5-14.5
INR1=0.018NZDNew Zealand-0.20.1-8.7-5.6
INR1=0.008GBPUnited Kingdom-0.1-10.4-19.1
INR1=0.015AUDAustralia-0.4-0.6-14.9-13.3
INR1=0.086HKDHong Kong0.10.4-3.6-9.3
INR1=0.009CHFSwitzerland-0.4-17.1-24.6
INR1=0.015CADCanada-0.10.3-8.6-8.3
INR1=0.099SEKSweden0.10.4-18.4-20.9
INR1=0.105NOKNorway-0.7-17.6-15.5
INR1=0.189MXNMexico0.1--19.5-15.1

1 Tax & Dividend; 2 Financials as Reported Q3 2024-25, Past 10 Years

Tax & Dividend
Average Income Tax Paid (Past 5 Years)
In the past 5 years, Income Tax as % of profit before tax increased from 27.1% to 28.9%, Income Tax as % of sales decreased from 7.0% to 6.5% and Income Tax as % of operating cash flow increased from 24.1% to 25.6%.

Description20252024202320222021
As % of profit before tax28.927.127.726.427.1
As % of operating cash flow25.62424.523.724.1
As % of sales6.56.16.26.47

The 5-year average of profit before tax was 27.4%.

Dividend History
In the past 5 years annual dividends have increased by INR15.0 from INR30.0 to INR45.0. Based on a start date of 5 years ago, there has been one decline in dividends over the last 5 years.

DateValue (INR)Type
27 Oct 202523Interim
30 May 202522Final
Tr 12 Months45
2024 - 202549
2023 - 202435.5
2022 - 202332.5
2021 - 202230


Financials as Reported Q3 2024-25, Past 10 Years
Financials as reported (Quarter ending 31 December 2025)

RESULTS OF OPERATIONS AND FINANCIAL CONDITION
(In INR Million, except per share data and shares outstanding)

INCOME STATEMENT AS REPORTED (Quarter ending 31 December 2025)

DescriptionINR MillionINR Million
Dec 3120252024Change %
Revenues454,790417,640Up 8.9
Cost of sales326,520291,200Up 12.1
Gross profit128,270126,440Up 1.4
Operating expenses
Selling and marketing expenses22,92018,390Up 24.6
Administrative expenses21,80018,930Up 15.2
Total operating expenses44,72037,320Up 19.8
Operating profit83,55089,120Down 6.2
Other income net9,7408,590Up 13.4
Finance cost1,0001,010Down 1.0
Profit before income taxes92,29096,700Down 4.6
Income tax expense25,63028,480Down 10.0
Net profit66,66068,220Down 2.3
Other comprehensive income
Items that will not be reclassified subsequently to profit or loss
Remeasurement of the net defined benefit liability/asset net560-450Recovery
Equity instruments through other comprehensive income net-40-150Improved 73.3
520-600Recovery
Items that will be reclassified subsequently to profit or loss
Fair value changes on derivatives designated as cash flow hedge net40560Down 92.9
Exchange differences on translation of foreign operations3,540-4,830Recovery
Fair value changes on investments net-230100Deterioration
3,350-4,170Recovery
Total other comprehensive income/(loss) net of tax3,870-4,770Recovery
Total comprehensive income70,53063,450Up 11.2
Profit attributable to:
Owners of the Company66,54068,060Down 2.2
Non-controlling interests120160Down 25.0
66,66068,220Down 2.3
Total comprehensive income attributable to:
Owners of the Company70,40063,360Up 11.1
Non-controlling interests13090Up 44.4
70,53063,450Up 11.2
Earnings per equity share
Equity shares of par value ?5/- each
Basic (?)Rs16.17Rs16.43Down 1.6
Diluted (?)Rs16.14Rs16.39Down 1.5
Weighted average equity shares used in computing earnings per equity
Basic (in shares)4,114,946,4254,141,941,436Down 0.7
Diluted (in shares)4,121,795,9024,151,534,784Down 0.7

BALANCE SHEET AS REPORTED (Quarter ending 31 December 2025)

DescriptionINR MillionINR Million
Dec 3120252024Change %
ASSETS
Current assets
Cash and cash equivalents199,150244,550Down 18.6
Current investments69,110124,820Down 44.6
Trade receivables361,310311,580Up 16.0
Unbilled revenue132,760128,510Up 3.3
Prepayments and other current assets141,470129,860Up 8.9
Income tax assets29029,750Down 99.0
Derivative financial instruments4901,920Down 74.5
Total current assets904,580970,990Down 6.8
Non-current assets
Property plant and equipment130,100128,000Up 1.6
Right-of-use assets61,15063,110Down 3.1
Goodwill116,340101,060Up 15.1
Intangible assets30,73027,660Up 11.1
Non-current investments88,990110,590Down 19.5
Unbilled revenue20,17022,320Down 9.6
Deferred income tax assets17,40011,080Up 57.0
Income tax assets23,35016,220Up 44.0
Other non-current assets41,03038,000Up 8.0
Total non-current assets529,260518,040Up 2.2
Total assets1,433,8401,489,030Down 3.7
LIABILITIES AND EQUITY
Current liabilities
Trade payables48,26041,640Up 15.9
Lease liabilities29,85024,550Up 21.6
Derivative financial instruments3,920630Up 522.2
Current income tax liabilities54,97048,530Up 13.3
Unearned revenue111,03084,920Up 30.7
Employee benefit obligations34,55029,080Up 18.8
Provisions17,53014,750Up 18.8
Other current liabilities199,230184,400Up 8.0
Total current liabilities499,340428,500Up 16.5
Non-current liabilities
Lease liabilities58,11057,720Up 0.7
Deferred income tax liabilities15,94017,220Down 7.4
Employee benefit obligations1,080990Up 9.1
Other non-current liabilities24,84022,570Up 10.1
Total non-current liabilities99,97098,500Up 1.5
Total liabilities599,310527,000Up 13.7
Equity
Share capital - ?5 par value 4800000000 (4800000000) equity shares authorized issued and outstanding 4045683463 (4143607528) equity shares fully paid up net of 8984436 (9655927) treasury shares as at20,24020,730Down 2.4
December 31 2025 (March 31 2025)
Share premium15,59021,800Down 28.5
Retained earnings685,820800,960Down 14.4
Cash flow hedge reserves-80-180Improved 55.6
Other reserves53,75082,980Down 35.2
Capital redemption reserve2,1901,690Up 29.6
Other components of equity52,75030,200Up 74.7
Total equity attributable to equity holders of the Company830,260958,180Down 13.4
Non-controlling interests4,2703,850Up 10.9
Total equity834,530962,030Down 13.3
Total liabilities and equity1,433,8401,489,030Down 3.7

CASH FLOW AS REPORTED (Quarter ending 31 December 2025)

DescriptionINR MillionINR Million
Dec 3120252024Change %
Operating activities
Net Profit209,650197,120Up 6.4
Adjustments to reconcile net profit to net cash provided by operating activities
Depreciation and amortization34,78035,120Down 1.0
Income tax expense82,34082,330Up
Finance cost3,1003,140Down 1.3
Interest and dividend income-8,510-8,330Deterioration 2.2
Exchange differences on translation of assets and liabilities net6,370640Up 895.3
Impairment loss recognized/(reversed) under expected credit loss model8801,000Down 12.0
Stock compensation expense7,0206,050Up 16.0
Provision for post sale client support-6101,170Deterioration
Other adjustments10,7305,570Up 92.6
Changes in working capital
Trade receivables and unbilled revenue-54,000-28,390Deterioration 90.2
Prepayments and other assets-14,5701,980Deterioration
Trade payables5,370-3,130Recovery
Unearned revenue25,96011,100Up 133.9
Other liabilities and provisions26,1606,530Up 300.6
Cash generated from operations334,670311,900Up 7.3
Income taxes (paid) / received-63,100-28,640Deterioration 120.3
Net cash generated by operating activities271,570283,260Down 4.1
Investing activities
Expenditure on property plant and equipment and intangibles-17,710-15,140Deterioration 17.0
Deposits placed with corporation-8,280-10,750Improved 23.0
Redemption of deposits placed with corporation5,7306,880Down 16.7
Interest and dividend received7,4907,730Down 3.1
Payment for acquisition of business net of cash acquired-6,370-31,550Improved 79.8
Payment of contingent consideration pertaining to acquisition of business-130
Escrow and other deposits pertaining to Buyback-18,150
Redemption of escrow and other deposits pertaining to Buyback18,150
Other receipts15070Up 114.3
Payments to acquire Investments
Quoted debt securities-41,030-13,630Deterioration 201.0
Mutual fund units-560,820-548,870Deterioration 2.2
Certificates of deposit-91,300-27,930Deterioration 226.9
Commercial paper-26,860-24,210Deterioration 10.9
Other investments-360-430Improved 16.3
Proceeds on sale of investments
Quoted debt securities86,32019,610Up 340.2
Mutual fund units562,550548,430Up 2.6
Target maturity funds units4,870
Certificates of deposit95,17051,990Up 83.1
Commercial paper54,60071,350Down 23.5
Other investments110
Net cash generated from investing activities64,02033,660Up 90.2
Financing activities
Payment of lease liabilities-20,210-17,750Deterioration 13.9
Payment of dividends-186,540-202,860Improved 8.0
Other payments-2,240-4,550Improved 50.8
Loan repayment of in-tech Holding GmbH-9,850
Payment of dividends to non-controlling interests of subsidiary-30-20Deterioration 50.0
Buyback of equity shares including transaction costs-180,530
Shares issued on exercise of employee stock options2050Down 60.0
Net cash used in financing activities-389,530-234,980Deterioration 65.8
Net increase/(decrease) in cash and cash equivalents-53,94081,940Deterioration
Effect of exchange rate changes on cash and cash equivalents8,540-1,760Recovery
Cash and cash equivalents at the beginning of the period244,550147,860Up 65.4
Cash and cash equivalents at the end of the period199,150228,040Down 12.7

Download INFOSYS Financials Past 10 Years


Description (March 31)20252024202320222021
Income Statement
Sales (B)1,665.91,583.81,494.71,239.41,026.7
Other Revenue (B)3647.12722.922
EBITDA (B)424.2406.7375.5335.9298.9
Depreciation (B)48.146.842.234.832.7
Tax (B)108.697.492.179.672
Net profit (B)267.1262.3240.9221.1193.5
EPS 64.563.3957.6352.5245.61
Balance Sheet
Equity Share Capital (B)958.2881.2754.1753.5763.5
Total Debt (B)263.6253.2268.6167.1167.2
Total Assets (B)1,4891,378.11,258.21,178.81,083.9
Current Asset (B)971894.3708.8671.9607.3
Fixed Asset (B)117.8123.7133.5130.8125.6
Working Capital (B)542.5506.4316.9335.8368.7
Cash Flow
Operating Cash Flow (B)356.9252.1224.7238.823.2
Investing Cash Flow (B)(19.5)(50.1)(12.1)(64.2)(74.6)
Financing Cash Flow (B)(241.6)(175)(266.9)(246.4)(97.9)
Net Cash Flow (B)95.927(54.4)(71.7)(149.2)

Description (March 31)20202019201820172016
Income Statement
Revenue per share 189.91163.52313286.84
EBITDA (B)249221.3216.5202
Depreciation (B)28.918.61714.6
Tax (B)53.756.342.45652.5
Net profit (B)165.9154160.3143.5134.9
EPS 38.9735.4435.5331.3929.51
Balance Sheet
Equity Share Capital (B)654.5649.5649.2689.8617.4
Total Assets (B)927.7847.4798.9833.5753.5
Current Asset (B)545.8528.8500.2537517.5
Fixed Asset (B)124.3133.6101.297.586.4
Working Capital (B)337.2342.4359.1396.9385.1
Cash Flow
Operating Cash Flow (B)170158.4132.2115.3100.3
Investing Cash Flow (B)(2.4)(15.8)44.5(145.4)(9)
Financing Cash Flow (B)(175.9)(145.1)(205.1)(69.4)(68.1)
Net Cash Flow (B)(8.3)(2.5)(28.4)(99.5)23.1