1 Top Management and Board of Directors; 2 Top shareholders; 3 Peer Comparison & Ranking of INFY; 4 Patents; 5 Currency Synopsis: Indian Rupees (INR)

Top Management and Board of Directors

Top Management
Top Management [One top executive with tenure > 7 yrs]

NameDesignationSince Appointment
Nandan NilekaniChairman, Co-Founder7 Yrs

Top Management [Two top executives with tenure < 1 yr]

NameDesignationSince Appointment
Jayesh SanghrajkaChief Financial Officer5 Mos
Salil S. ParekhChief Executive Officer, Managing Director-


Board Of Directors
Board Of Directors [Nine directors with tenure < 4 yrs]

NameSince Appointment
Govind Iyer1 Yr, 8 Mos
Chitra Nayak3 Yrs, 5 Mos
Nitin Paranjpe8 Mos
Punita Kumar-Sinha-
D Sundaram-
Roopa Kudva-
Kiran Mazumdar-Shaw-
Ravi Venkatesan-
D N Prahlad-


Resignations in the Past Year

NameDesignationDate of Resignation
Nilanjan RoyChief Financial Officer31 March 2024
Uri LevineIndependent Director19 April 2023



Top shareholders
Top 13 shareholders

Name of the Share HolderNumber Of Shares% of Capital
Life Insurance Corporation of India3661804828.8
SBI MUTUAL FUND1806556374.4
ICICI PRUDENTIAL MUTUAL FUND1076472112.6
GOVERNMENT OF SINGAPORE920929372.2
National Pension System Trust685722531.7
UTI MUTUAL FUND642251871.6
HDFC MUTUAL FUND603879881.5
VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND476929741.2
VANGUARD EMERGING MARKETS STOCK INDEX FUND473749581.1
GOVERNMENT PENSION FUND GLOBAL463038491.1
SBI LIFE INSURANCE CO. LTD445511811.1
ADITYA BIRLA SUN LIFE TRUSTEE417122811.0
ICICI PRUDENTIAL LIFE INSURANCE COMPANY LIMITED415697791.0
% held by Top 13 shareholders 29.3%


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

Infosys is a constituent of the following indices.

Its market capitalisation is $94 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 Index413 22.8
BSE Teck Index602 15.6
BSE SENSEX Index1,993 4.7
Nifty Index2,438 3.9
BSE 100 Index3,100 3.0
BSE 200 Index4,120 2.3
BSE 500 Index4,883 1.9

GLOBAL PEER COMPARISON: INFY - SIZE (all figures in $)

In its Global Peer Group of 9 companies INFY is ranked second (2) by Net Profit, fourth (4) by Revenue and fifth (5) by MCap, Total Assets.


Name (Code)MCapRevenueNet ProfitTotal Assets
Rank of INFY5425
Infosys (INFY)94.1B18.9B3.1B16.4B
Uber (UBER)154.3B31.9B(9.1B)32.1B
Booking Holdings (BKNG)136.7B21.4B4.3B24.3B
MercadoLibre (MELI)106.6B14.5B987M17.6B
Meituan Dianping (03690)104.9B39B2B41.3B
Palantir Technologies (PLTR)81.5B2.2B209.8M4.5B
Synopsys (SNPS)76.2B5.8B1.2B10.3B
Cadence Design Systems (CDNS)73.4B4.1B1B5.7B
Constellation Software (CSU)66.3B8.4B565M10.9B

GLOBAL PEER COMPARISON: INFY - RELATIVE VALUE INDICATORS

In value terms, comparing relative value of its shares, INFY is ranked

+ 1 out of 9 by Price/Earnings per share [29.9]
+ 2 out of 9 by Price/Sales per share [5.1]
+ 2 out of 9 by Price/Book value per share [10.7]


Name (Code)Currency CodeLast PriceP/EP/SP/Book
Rank of INFY by value122
Infosys (INFY)INR1,895.629.95.110.7
Uber (UBER)USD73.55.1
Booking Holdings (BKNG)USD4,028.334.06.4
MercadoLibre (MELI)USD2,102.670.96.4
Meituan Dianping (03690)HKD133.854.52.76.1
Palantir Technologies (PLTR)USD36.436.624.1
Synopsys (SNPS)USD495.961.4100.1
Cadence Design Systems (CDNS)USD269.769.917.947.9
Constellation Software (CSU)CAD4,256.97.5

USD 1=
83.673784 Indian Rupees (INR); 7.792 Hong Kong Dollar (HKD); 1.361 Canadian Dollar (CAD)


BUYSELLSIGNALS FUNDAMENTALS VALUATION RANKING:
Infosys vs Indian Market

Out of 3,937 stocks in the Indian Market, Infosys is ranked twentieth(20) by Net Profit $, Thirty-fifth(35) by P/Earnings, Fortieth(40) by P/Sales and Sixty-fourth(64) by Price/Net Tangible Assets.

Indian AvgINFYINFY Rank
Net Profit $91.2 M3.1 B20
P/Earnings17.6x29.9x35
P/Sales1.5x5.1x40
Price/Net Tangible Assets2.1x10.8x64
Yield (%)1.032.4108
ROE (%)10.129.7199
ROA (%)1.119.05202
EBITDA Margin%14.525.7677
P/Earnings/ Growth0.4x2.99x948
Premium to 52-Wk Low (%)35.643.041250
EPS Growth YOY (%)-9.991450
Total Debt/Equity (the lower the better)0.7x0.3x1787
Discount to 52-Wk High (%)2.54.13488
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 $3.1 B71.3 B4.414.3 B22.0
Revenue $18.9 B566.1 B3.396.9 B19.5
Total Assets $16.5 B2,146.3 B0.880.9 B20.4
MCap $94.1 B1,993.5 B4.7471.9 B19.9

Relative Valuation Indicators: Stock vs Index and Stock vs Sector

DescriptionINFYBSE SENSEX Index Avg.IT consulting & software sector Avg.
Price/Earnings29.928.834.1
P/Earnings/Growth2.991.56.65
Yield (%)2.431.141.84
Price/Net Tangible Assets10.754.8213.07
Total Debt/Equity (the lower the better)0.29x0.87x0.19x

MARKET SHARE
Infosys vs It Consulting & Software sector [It Consulting & Software sector Total in Brackets]
Revenue of Rs1,583.8 billion ($18.9 billion)[20.8% of aggregate sector revenue of Rs8,108.3 billion; up from 20.6% in the previous year.]
Net Profit of Rs262.3 billion ($3.1 billion) [23.0% of aggregate sector net profit of Rs1,193.9 billion; up from 22.0% in the previous year.]

GLOBAL RANK [out of 46,918 stocks] AND RANK OF INFOSYS IN THE ASIA REGION [out of 26,207 stocks]

DescriptionValueGlobal RankIn Asia Region
MCap ($)94.1B19945
Total Assets ($)16.4B2,281910
Revenue ($)18.9B866315
Net Profit ($)3.1B474157
Return on Equity %29.71,935835
Net Profit Margin %16.67,5054,013
Price to Book10.733,89621,811
Price/Earnings29.918,44611,926
Yield %2.412,2316,960
PV1000 (1Year) $*1,3529,6645,159
$* Change (1Year) %30.29,7505,290

* 1 year ago $1 = INR 83.29
Sep 19, 2024: $ 1 equals INR 83.68

RANK OF INFOSYS IN THE BSE SENSEX INDEX [out of 30 stocks], IN THE INDIAN MARKET [out of 4236 stocks] AND IN THE IT CONSULTING & SOFTWARE SECTOR [out of 75 stocks]

DescriptionValueIn BSE SENSEX IndexIn Indian MarketIn IT consulting & software sector
Total Assets (Rs)1,378.1B19712
Return on Equity %29.761886
Net Profit Margin %16.61070913
Price to Book10.8223,06445
Price/Earnings29.9131,07015
Yield %2.451185
PV1000 (1Year) INR1,358111,28914

LONG-TERM FUNDAMENTAL RANKING: 4 OUT OF 5 [5 is best]
Infosys is ranked number 2 out of 102 listed it consulting & software companies in the India with a market capitalization of Rs7,870.7 billion ($94.1 billion).
In the it consulting & software companies it has the 2nd highest total assets and 2nd highest revenues.

It has a strong relative ROE of 29.7% and ROA of 19%. The company paid a dividend of Rs38.0 in the last twelve months. The dividend yield is high at 2.4%. Finally, its earnings growth in the past 12 months has been a comparatively high 10%.
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.


Patents
Number of Patents Issued to Infosys by the US Patent Office and the European Patent Office
A total of 266 patents were issued to Infosys in the last ten years. In the past year 45 patents were issued, 1.7 times average of 27 patents per year.

12 months ended Sep 19No. of Patents Issued
202445
202326
20228
20219
20209
201917
201834
201728
201661
201529
Total266


Currency Synopsis: Indian Rupees (INR)
% Change of INR vs Currency Basket Period-Based
In the past year the Indian Rupee fell 0.5% against the US Dollars; in the past three years the Indian Rupee fell 12.2% against the US Dollars.

LastCountry1-day %1-week %1-Year %3-Yrs %
INR1=0.012USDUnited States Of America0.10.3-0.5-12.2
INR1=0.085CNYChina-0.1-0.1-3.4-3.6
INR1=1.692JPYJapan0.80.4-4.613.1
INR1=0.011EUREuropean Union0.1-0.5-4.7-7.1
INR1=15.795KRWSouth Korea0.4-1.0-0.8-1.4
INR1=0.015SGDSingapore0.1-0.4-5.7-15.6
INR1=0.019NZDNew Zealand-0.3-1.0-5.6-0.3
INR1=0.009GBPUnited Kingdom--0.7-6.7-8.5
INR1=0.018AUDAustralia-0.3-1.5-5.6-5.4
INR1=0.093HKDHong Kong0.10.3-0.9-12.1
INR1=0.01CHFSwitzerland-0.1-0.1-6.4-20.2
INR1=0.016CADCanada-0.3--5.8
INR1=0.121SEKSweden0.1-1.6-9.93.5
INR1=0.126NOKNorway-0.1-1.8-3.08.0
INR1=0.228MXNMexico-0.8-4.011.3-16.0

1 Tax & Dividend

Tax & Dividend
Average Income Tax Paid (Past 5 Years)
In the past 5 years, Income Tax as % of profit before tax increased from 24.4% to 27.1% and Income Tax as % of operating cash flow increased from 21.6% to 24.0%.

Description20242023202220212020
As % of profit before tax27.127.726.427.124.4
As % of operating cash flow2424.523.724.121.6

The 5-year average of profit before tax was 26.5%.

Dividend History
In the past 5 years annual dividends have increased by INR28.5 from INR17.5 to INR46.0. Based on a start date of 5 years ago, there has been no decline in dividends over the last 5 years.

DateValue (INR)Type
31 May 20248Special
31 May 202420Final
25 Oct 202318Interim
Tr 12 Months46
2022 - 202334
2021 - 202231
2020 - 202127
2019 - 202017.5