1 Peer Comparison & Ranking of INFY; 2 Patents; 3 Currency Synopsis: Indian Rupees (INR)
Peer Comparison & Ranking of INFY PEER COMPARISON: INFY IN INDICES
Infosys is a constituent of the following indices.
Its market capitalisation is $92 billion and accounts for 22.8% of the combined MCap of the BSE Information Technology Index.
Index Name | MCap of Index ($ b) | INFY MCap as % of Index | BSE Information Technology Index | 402 | 22.8 | BSE Teck Index | 585 | 15.7 | BSE SENSEX Index | 1,911 | 4.8 | Nifty Index | 2,362 | 3.9 | BSE 100 Index | 2,988 | 3.1 | BSE 200 Index | 3,977 | 2.3 | BSE 500 Index | 4,723 | 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) | MCap | Revenue | Net Profit | Total Assets | Rank of INFY | 5 | 4 | 2 | 5 | Infosys (INFY) | 91.6B | 18.8B | 3.1B | 16.4B | Booking Holdings (BKNG) | 147.6B | 21.4B | 4.3B | 24.3B | Meituan Dianping (03690) | 141.8B | 39B | 2B | 41.3B | MercadoLibre (MELI) | 105.4B | 14.5B | 987M | 17.6B | Palantir Technologies (PLTR) | 96.3B | 2.2B | 209.8M | 4.5B | Synopsys (SNPS) | 78.1B | 5.8B | 1.2B | 10.3B | Xiaomi (01810) | 77.9B | 38.2B | 2.5B | 45.7B | Cadence Design Systems (CDNS) | 70.4B | 4.1B | 1B | 5.7B | Constellation Software (CSU) | 68.1B | 8.4B | 565M | 10.9B |
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 [29.2] + 3 out of 9 by Price/Sales per share [4.9] + 3 out of 9 by Price/Book value per share [10.7]
Name (Code) | Currency Code | Last Price | P/E | P/S | P/Book | Rank of INFY by value | | | 1 | 3 | 3 | Infosys (INFY) | INR | 1,853.7 | 29.2 | 4.9 | 10.7 | Booking Holdings (BKNG) | USD | 4,350.8 | 30.2 | 6.6 | | Meituan Dianping (03690) | HKD | 181.2 | 76.2 | 3.7 | 8.5 | MercadoLibre (MELI) | USD | 2,079.8 | | 7.3 | | Palantir Technologies (PLTR) | USD | 43 | | 38.8 | 28.5 | Synopsys (SNPS) | USD | 507 | 62.8 | 102.6 | | Xiaomi (01810) | HKD | 24.2 | 32.1 | 2.1 | 3.6 | Cadence Design Systems (CDNS) | USD | 258.5 | 66.1 | 16.9 | 45.9 | Constellation Software (CSU) | CAD | 4,431.1 | | 7.3 | |
USD 1= 84.072024 Indian Rupees (INR); 7.77 Hong Kong Dollar (HKD); 1.38 Canadian Dollar (CAD)
BUYSELLSIGNALS FUNDAMENTALS VALUATION RANKING: Infosys vs Indian Market
Out of 3,907 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 Fifty-eighth(58) by Price/Net Tangible Assets.
| Indian Avg | INFY | INFY Rank | Net Profit $ | 302.6 M | 3.1 B | 20 | P/Earnings | 17.1x | 28.8x | 35 | P/Sales | 1.6x | 4.8x | 40 | Price/Net Tangible Assets | 2.1x | 10.5x | 58 | Yield (%) | 1.04 | 2.5 | 98 | ROE (%) | 10.7 | 29.7 | 197 | ROA (%) | 1.1 | 19.05 | 201 | P/Earnings/ Growth | 0.3x | 2.9x | 420 | EBITDA Margin% | 16.4 | 25.7 | 677 | Premium to 52-Wk Low (%) | 32.8 | 39.9 | 1301 | EPS Growth YOY (%) | - | 9.99 | 1452 | Total Debt/Equity (the lower the better) | 0.7x | 0.3x | 1788 | Discount to 52-Wk High (%) | 6.3 | 6.9 | 3350 | 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 $ | 3.1 B | 70.9 B | 4.4 | 14.2 B | 22.0 | Revenue $ | 18.8 B | 563.5 B | 3.3 | 96.4 B | 19.5 | Total Assets $ | 16.4 B | 2,136.3 B | 0.8 | 80.1 B | 20.5 | MCap $ | 91.6 B | 1,911.1 B | 4.8 | 462.7 B | 19.8 |
Relative Valuation Indicators: Stock vs Index and Stock vs Sector
Description | INFY | BSE SENSEX Index Avg. | IT consulting & software sector Avg. | Price/Earnings | 28.8 | 17.5 | 28.3 | P/Earnings/Growth | 2.88 | 0.19 | 1.33 | Yield (%) | 2.48 | 1.17 | 1.79 | Price/Net Tangible Assets | 10.51 | 4.68 | 13.0 | Total Debt/Equity (the lower the better) | 0.29x | 0.87x | 0.19x |
MARKET SHARE Infosys vs It Consulting & Software sector [It Consulting & Software sector Total in Brackets] Revenue of Rs1,583.8 billion ($18.8 billion)[20.8% of aggregate sector revenue of Rs8,105.1 billion; up from 20.6% in the previous year.] Net Profit of Rs262.3 billion ($3.1 billion) [23.0% of aggregate sector net profit of Rs1,194.4 billion; up from 22.0% in the previous year.]
GLOBAL RANK [out of 46,796 stocks] AND RANK OF INFOSYS IN THE ASIA REGION [out of 26,209 stocks]
Description | Value | Global Rank | In Asia Region | MCap ($) | 91.6B | 192 | 36 | Total Assets ($) | 16.4B | 2,259 | 894 | Revenue ($) | 18.8B | 842 | 295 | Net Profit ($) | 3.1B | 456 | 142 | Return on Equity % | 29.7 | 1,929 | 830 | Net Profit Margin % | 16.6 | 7,502 | 4,007 | Price to Book | 10.7 | 33,637 | 21,620 | Price/Earnings | 29.2 | 17,740 | 11,383 | Yield % | 2.5 | 11,971 | 6,805 | PV1000 (1Year) $* | 1,368 | 10,368 | 5,489 | $* Change (1Year) % | 33.5 | 10,661 | 5,683 |
* 1 year ago $1 = INR 83.22 Oct 21, 2024: $ 1 equals INR 84.07
RANK OF INFOSYS IN THE BSE SENSEX INDEX [out of 30 stocks], IN THE INDIAN MARKET [out of 4229 stocks] AND IN THE IT CONSULTING & SOFTWARE SECTOR [out of 77 stocks]
Description | Value | In BSE SENSEX Index | In Indian Market | In IT consulting & software sector | Total Assets (Rs) | 1,378.1B | 19 | 71 | 2 | Return on Equity % | 29.7 | 6 | 186 | 6 | Net Profit Margin % | 16.6 | 10 | 709 | 13 | Price to Book | 10.5 | 22 | 3,022 | 44 | Price/Earnings | 28.8 | 13 | 1,033 | 11 | Yield % | 2.5 | 4 | 110 | 3 | PV1000 (1Year) INR | 1,381 | 10 | 1,165 | 17 |
Patents Number of Patents Issued to Infosys by the US Patent Office and the European Patent Office A total of 288 patents were issued to Infosys in the last ten years. In the past year 55 patents were issued, 1.9 times average of 29 patents per year.
12 months ended Oct 21 | No. of Patents Issued | 2024 | 55 | 2023 | 36 | 2022 | 7 | 2021 | 11 | 2020 | 8 | 2019 | 18 | 2018 | 31 | 2017 | 29 | 2016 | 63 | 2015 | 30 | Total | 288 |
Currency Synopsis: Indian Rupees (INR) % Change of INR vs Currency Basket Period-Based In the past year the Indian Rupee fell 1.0% against the US Dollars; in the past three years the Indian Rupee fell 10.8% against the US Dollars.
Last | Country | 1-day % | 1-week % | 1-Year % | 3-Yrs % | INR1=0.012USD | United States Of America | - | -0.1 | -1.0 | -10.8 | INR1=0.085CNY | China | -0.3 | 0.6 | -3.7 | -1.4 | INR1=1.783JPY | Japan | 0.2 | 0.7 | -0.8 | 17.0 | INR1=0.011EUR | European Union | 0.1 | 0.9 | -3.5 | -4.5 | INR1=16.324KRW | South Korea | 0.1 | 1.6 | 0.6 | 3.5 | INR1=0.016SGD | Singapore | -0.1 | 0.5 | -5.0 | -13.2 | INR1=0.02NZD | New Zealand | -0.2 | 0.3 | -3.7 | 3.6 | INR1=0.009GBP | United Kingdom | -0.3 | 0.3 | -7.3 | -6.0 | INR1=0.018AUD | Australia | -0.3 | 0.4 | -5.9 | -1.4 | INR1=0.092HKD | Hong Kong | -0.1 | - | -1.7 | -10.9 | INR1=0.01CHF | Switzerland | 0.2 | 1.0 | -4.5 | -16.3 | INR1=0.016CAD | Canada | 0.1 | 0.2 | 0.3 | -0.3 | INR1=0.125SEK | Sweden | - | 1.2 | -4.8 | 8.7 | INR1=0.129NOK | Norway | -0.6 | 1.4 | -1.5 | 15.4 | INR1=0.235MXN | Mexico | -0.7 | 1.8 | 8.9 | -14.1 |
1 Financials as Reported FY 2024, Past 10 Years
Financials as Reported FY 2024, Past 10 Years Financials as reported (FY 2024 [year-ended 31 March 2024 ])
RESULTS OF OPERATIONS AND FINANCIAL CONDITION (In INR Million, except per share data and shares outstanding)
INCOME STATEMENT AS REPORTED (FY 2024 [year-ended 31 March 2024 ])
Description | INR Million | INR Million | | Mar 31 | 2024 | 2023 | Change % | Revenue from operations | 1,536,700 | 1,467,670 | Up 4.7 | Other income net (refer note 1(f)) | 47,110 | 27,010 | Up 74.4 | Total Income | 1,583,810 | 1,494,680 | Up 6.0 | Expenses | | | | Employee benefit expenses | 826,200 | 783,590 | Up 5.4 | Cost of technical sub-contractors | 122,320 | 140,620 | Down 13.0 | Travel expenses | 17,590 | 15,250 | Up 15.3 | Cost of software packages and others | 135,150 | 109,020 | Up 24.0 | Communication expenses | 6,770 | 7,130 | Down 5.0 | Consultancy and professional charges | 17,260 | 16,840 | Up 2.5 | Depreciation and amortization expenses | 46,780 | 42,250 | Up 10.7 | Finance cost | 4,700 | 2,840 | Up 65.5 | Other expenses | 47,160 | 43,920 | Up 7.4 | Total expenses | 1,223,930 | 1,161,460 | Up 5.4 | Profit before tax | 359,880 | 333,220 | Up 8.0 | Tax expense: (refer note 1(e)) | | | | Current tax | 83,900 | 92,870 | Down 9.7 | Deferred tax | 13,500 | -730 | Recovery | Profit for the period | 262,480 | 241,080 | Up 8.9 | Other comprehensive income | | | | Items that will not be reclassified subsequently to profit or loss | | | | Remeasurement of the net defined benefit liability/asset net | 1,200 | 80 | Up 1,400.0 | Equity instruments through other comprehensive income net | 190 | -70 | Recovery | Items that will be reclassified subsequently to profit or loss | | | | Fair value changes on derivatives designated as cash flow hedges net | 110 | -70 | Recovery | Exchange differences on translation of foreign operations | 2,260 | 7,760 | Down 70.9 | Fair value changes on investments net | 1,440 | -2,560 | Recovery | Total other comprehensive income/(loss) net of tax | 5,200 | 140 | Up 3,614.3 | Total comprehensive income for the period | 267,680 | 246,220 | Up 8.7 | Profit attributable to: | | | | Owners of the company | 262,330 | 240,950 | Up 8.9 | Non-controlling interests | 150 | 130 | Up 15.4 | | 262,480 | 241,080 | Up 8.9 | Total comprehensive income attributable to: | | | | Owners of the company | 267,540 | 240 | Up 111,375.0 | Non-controlling interests | 267,680 | 246,220 | Up 8.7 | Paid up share capital | 20,710 | 20,690 | Up 0.1 | Other equity | 860,450 | 733,380 | Up 17.3 | Earnings per equity share | | | | Basic | Rs63.39 | Rs57.63 | Up 10.0 | Diluted | Rs63.29 | Rs57.54 | Up 10.0 |
BALANCE SHEET AS REPORTED (FY 2024 [year-ended 31 March 2024 ])
Description | INR Million | INR Million | | Mar 31 | 2024 | 2023 | Change % | ASSETS | | | | Non-current assets | | | | Property plant and equipment | 123,700 | 133,460 | Down 7.3 | Right of use assets | 65,520 | 68,820 | Down 4.8 | Capital work-in-progress | 2,930 | 2,880 | Up 1.7 | Goodwill | 73,030 | 72,480 | Up 0.8 | Other Intangible assets | 13,970 | 17,490 | Down 20.1 | Financial assets | | | | Investments | 117,080 | 125,690 | Down 6.9 | Loans | 340 | 390 | Down 12.8 | Other financial assets | 31,050 | 27,980 | Up 11.0 | Deferred tax assets (net) | 4,540 | 12,450 | Down 63.5 | Income tax assets (net) | 30,450 | 64,530 | Down 52.8 | Other non-current assets | 21,210 | 23,180 | Down 8.5 | Total non-current assets | 483,820 | 549,350 | Down 11.9 | Current assets | | | | Financial assets | | | | Investments | 129,150 | 69,090 | Up 86.9 | Trade receivables | 301,930 | 254,240 | Up 18.8 | Cash and cash equivalents | 147,860 | 121,730 | Up 21.5 | Loans | 2,480 | 2,890 | Down 14.2 | Other financial assets | 120,850 | 116,040 | Up 4.1 | Income tax assets (net) | 63,970 | 60 | Up 106,516.7 | Other current assets | 128,080 | 144,760 | Down 11.5 | Total current assets | 894,320 | 708,810 | Up 26.2 | Total Assets | 1,378,140 | 1,258,160 | Up 9.5 | EQUITY AND LIABILITIES | | | | Equity | | | | Equity share capital | 20,710 | 20,690 | Up 0.1 | Other equity | 860,450 | 733,380 | Up 17.3 | Total equity attributable to equity holders of the Company | 881,160 | 754,070 | Up 16.9 | Non-controlling interests | 3,450 | 3,880 | Down 11.1 | Total equity | 884,610 | 757,950 | Up 16.7 | Liabilities | | | | Non-current liabilities | | | | Financial liabilities | | | | Lease liabilities | 64,000 | 70,570 | Down 9.3 | Other financial liabilities | 21,300 | 20,580 | Up 3.5 | Deferred tax liabilities (net) | 17,940 | 12,200 | Up 47.0 | Other non-current liabilities | 2,350 | 5,000 | Down 53.0 | Total non-current liabilities | 105,590 | 108,350 | Down 2.5 | Current liabilities | | | | Financial liabilities | | | | Lease liabilities | 19,590 | 12,420 | Up 57.7 | Trade payables | 39,560 | 38,650 | Up 2.4 | Other financial liabilities | 169,590 | 185,580 | Down 8.6 | Other Current Liabilities | 105,390 | 108,300 | Down 2.7 | Provisions | 17,960 | 13,070 | Up 37.4 | Income tax liabilities (net) | 35,850 | 33,840 | Up 5.9 | Total current liabilities | 387,940 | 391,860 | Down 1.0 | Total equity and liabilities | 1,378,140 | 1,258,160 | Up 9.5 |
CASH FLOW AS REPORTED (FY 2024 [year-ended 31 March 2024 ])
Description | INR Million | INR Million | | Mar 31 | 2024 | 2023 | Change % | Cash flow from operating activities | | | | Profit for the year | 262,480 | 241,080 | Up 8.9 | Adjustments to reconcile net profit to net cash provided by operating activities: | | | | Income tax expense | 97,400 | 92,140 | Up 5.7 | Depreciation and amortization | 46,780 | 42,250 | Up 10.7 | interest and dividend income | -20,670 | -18,170 | Deterioration 13.8 | Finance cost | 4,700 | 2,840 | Up 65.5 | Impairment loss recognized (reversed) under expected credit loss model | 1,210 | 2,830 | Down 57.2 | Exchange differences on translation of assets and liabilities net | 760 | 1,610 | Down 52.8 | Stock compensation expense | 6,520 | 5,190 | Up 25.6 | Provision for post sale client support | 750 | 1,200 | Down 37.5 | Interest receivable on income tax refund | -19,340 | | | Other adjustments | 14,640 | 5,080 | Up 188.2 | Changes in assets and liabilities | | | | Trade receivables and unbilled revenue | -26,670 | -70,760 | Improved 62.3 | Loans other financial assets and other assets | -11,720 | -31,080 | Improved 62.3 | Trade payables | 910 | -2,790 | Recovery | Other financial liabilities other liabilities and provisions | -13.3 | 41,190 | Deterioration | Cash generated from operations | 344,410 | 312,610 | Up 10.2 | Income taxes paid | -92,310 | -87,940 | Deterioration 5.0 | Net cash generated by operating activities | 252,100 | 224,670 | Up 12.2 | Cash flows from investing activities | | | | Expenditure on property plant and equipment and intangibles | -22,010 | -25,790 | Improved 14.7 | Deposits placed with corporation | -8,470 | -9,960 | Improved 15.0 | Redemption of deposits placed with Corporation | 7,100 | 7,620 | Down 6.8 | Interest and dividend received | 17,680 | 15,250 | Up 15.9 | Payment towards acquisition of business net of cash acquired | | -9,100 | | Payment of contingent consideration pertaining to acquisition of business | -1,010 | -600 | Deterioration 68.3 | Escrow and other deposits pertaining to Buyback | | -4,830 | | Redemption of escrow and other deposits pertaining to Buyback | | 4,830 | | Other receipts | 1,280 | 710 | Up 80.3 | Payments to acquire Investments | | | | Tax free bonds and government bonds | | -270 | | Liquid mutual fund units | -661,910 | -706,310 | Improved 6.3 | Target maturity fund | | -4,000 | | Certificates of deposit | -85,090 | -103,480 | Improved 17.8 | Commercial Paper | -103,870 | -30,030 | Deterioration 245.9 | Non convertible debentures | -15,260 | -2,490 | Deterioration 512.9 | Government securities | | -15,690 | | Other investments | -140 | -200 | Improved 30.0 | Proceeds on sale of Investments | | | | Tax free bonds and government bonds | 1,500 | 2,210 | Down 32.1 | Liquid mutual fund units | 647,670 | 718,510 | Down 9.9 | Certificates of deposit | 92,050 | 104,040 | Down 11.5 | Commercial Paper | 64,790 | 22,980 | Up 181.9 | Non-convertible debentures | 12,300 | 4,700 | Up 161.7 | Government securities | 3,040 | 18,820 | Down 83.8 | Other investments | 260 | 990 | Down 73.7 | Net cash used in investing activities | -50,090 | -12,090 | Deterioration 314.3 | Cash flows from financing activities: | | | | Payment of lease liabilities | -20,240 | -12,310 | Deterioration 64.4 | Payment of dividends | -146,920 | -136,310 | Deterioration 7.8 | Payment of dividend to non-controlling interest of subsidiary | -390 | -220 | Deterioration 77.3 | Shares issued on exercise of employee stock options | 50 | 350 | Down 85.7 | Payment towards purchase of non-controlling interest | -180 | | | Other receipts | | 1,320 | | Other payments | -7,360 | -4,790 | Deterioration 53.7 | Buyback of equity shares including transaction cost and tax on buyback | | -114,990 | | Net cash used in financing activities | -175,040 | -266,950 | Improved 34.4 | Net increase / (decrease) in cash and cash equivalents | 26,970 | -54,370 | Recovery | Effect of exchange rate changes on cash and cash equivalents | -840 | 1,380 | Deterioration | Cash and cash equivalents at the beginning of the period | 121,730 | 174,720 | Down 30.3 | Cash and cash equivalents at the end of the period | 147,860 | 121,730 | Up 21.5 |
Download INFOSYS Financials Past 10 Years
Description (March 31) | 2024 | 2023 | 2022 | 2021 | 2020 | Income Statement | | | | | | Sales (B) | 1,583.8 | 1,494.7 | 1,239.4 | 1,026.7 | 935.9 | Other Revenue (B) | 47.1 | 27 | 22.9 | 22 | 28 | EBITDA (B) | 406.7 | 375.5 | 335.9 | 298.9 | 249 | Depreciation (B) | 46.8 | 42.2 | 34.8 | 32.7 | 28.9 | Tax (B) | 97.4 | 92.1 | 79.6 | 72 | 53.7 | Net profit (B) | 262.3 | 240.9 | 221.1 | 193.5 | 165.9 | EPS | 63.39 | 57.63 | 52.52 | 45.61 | 38.97 | Balance Sheet | | | | | | Equity Share Capital (B) | 881.2 | 754.1 | 753.5 | 763.5 | 654.5 | Total Debt (B) | 253.2 | 268.6 | 167.1 | 167.2 | 111 | Total Assets (B) | 1,378.1 | 1,258.2 | 1,178.8 | 1,083.9 | 927.7 | Current Asset (B) | 894.3 | 708.8 | 671.9 | 607.3 | 545.8 | Fixed Asset (B) | 123.7 | 133.5 | 130.8 | 125.6 | 124.3 | Working Capital (B) | 506.4 | 316.9 | 335.8 | 368.7 | 337.2 | Cash Flow | | | | | | Operating Cash Flow (B) | 252.1 | 224.7 | 238.8 | 23.2 | 170 | Investing Cash Flow (B) | (50.1) | (12.1) | (64.2) | (74.6) | (2.4) | Financing Cash Flow (B) | (175) | (266.9) | (246.4) | (97.9) | (175.9) | Net Cash Flow (B) | 27 | (54.4) | (71.7) | (149.2) | (8.3) |
Description (March 31) | 2019 | 2018 | 2017 | 2016 | 2015 | Income Statement | | | | | | Revenue per share | 189.91 | 163.52 | 313 | 286.84 | 248.28 | EBITDA (B) | | 221.3 | 216.5 | 202 | 183.5 | Depreciation (B) | | 18.6 | 17 | 14.6 | 10.7 | Tax (B) | 56.3 | 42.4 | 56 | 52.5 | 49.1 | Net profit (B) | 154 | 160.3 | 143.5 | 134.9 | 123.7 | EPS | 35.44 | 35.53 | 31.39 | 29.51 | 27.07 | Balance Sheet | | | | | | Equity Share Capital (B) | 649.5 | 649.2 | 689.8 | 617.4 | 507.4 | Total Assets (B) | 847.4 | 798.9 | 833.5 | 753.5 | 662.9 | Current Asset (B) | 528.8 | 500.2 | 537 | 517.5 | 472.4 | Fixed Asset (B) | 133.6 | 101.2 | 97.5 | 86.4 | 91.2 | Working Capital (B) | 342.4 | 359.1 | 396.9 | 385.1 | 317.4 | Cash Flow | | | | | | Operating Cash Flow (B) | 158.4 | 132.2 | 115.3 | 100.3 | 83.5 | Investing Cash Flow (B) | (15.8) | 44.5 | (145.4) | (9) | 10.9 | Financing Cash Flow (B) | (145.1) | (205.1) | (69.4) | (68.1) | (49.4) | Net Cash Flow (B) | (2.5) | (28.4) | (99.5) | 23.1 | 45.1 |
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