ArrowArtboardCreated with Sketch.Title ChevronCrossEye IconFacebook IconIcon FacebookGoogle Plus IconLayer 1InstagramCreated with Sketch.Linkedin IconIcon LinkedinShapeCreated with Sketch.Icon Mail ContactPath LayerIcon MailMenu BurgerIcon Opinion QuotePositive ArrowIcon PrintRSS IconIcon SearchSite TitleTitle ChevronTwitter IconIcon TwitterYoutube Icon
Technology Services

INFOSYS LIMITED

  • 1,245.50 INR
  • -0.95
  • -0.08%
  • India
    Jun 22, 2018
  • Ticker
    BOM(500209)
  • Prev. close
    1,246.45
  • Market cap (INR)
    2,722.40B
  • Market cap (USD)
    40,128.31M
  • Shares
    2,184.12M

Company Background

Infosys is India's second-largest information technology service company. It develops and maintains software for corporate customers and also provides a wide range of IT-related services, including consulting.

The company serves customers in more than 50 countries and has a global workforce of more than 160,000 people. Of its consolidated sales, more than 90% are generated in overseas markets, including the U.S.

Infosys symbolizes the Indian IT industry's rapid progress. It was established with $250 capital in 1981 by seven co-founders. It grew in the 1990s, mainly by winning contracts to develop software and systems for overseas clients. India's IT industry attracted attention when they handled contracts related to the Y2K problem, which was expected to lead to computer problems in 2000. Infosys rapidly moved up the ladder to become a global IT business. In 1999, it became the first Indian company to list on the Nasdaq in New York.

Co-founders and their families have a combined equity stake of more than 10% in Infosys. Since the company's establishment, four co-founders, including Narayana Murthy, served as CEOs. However, in 2014, Vishal Sikka, a former executive at German software maker SAP, became the company's first CEO from outside the group of co-founders.

Business Summary

Infosys Ltd. is a consulting, technology and outsourcing company, which provides end-to-end business solutions thereby enabling clients to enhance business performance. The company operates through following segments: Financial Services, Manufacturing, Retail, Consumer packaged goods and Logistics, the Energy & Utilities, Communication & Services, Hi-Tech, Life Sciences, Healthcare & Insurance and All Other. It offers information technology services, engineering Services, consulting Services, BPO services and products and platforms. The company's end-to-end business solutions include business information technology services, comprising application development and maintenance, independent validation services, infrastructure management, engineering services comprising product engineering and life cycle solutions and business process management; consulting and systems integration services, comprising consulting, enterprise solutions, systems integration and advanced technologies; products, business platforms and solutions to accelerate intellectual property-led innovation, including Finacle, its banking product, which offers solutions to address core banking, mobile banking and e-banking needs of retail, corporate and universal banks worldwide. Infosys was founded by K. Dinesh, S. Gopalakrishnan, Narayana Ramarao Nagavara Murthy, Nandan M. Nilekani, Raghavan N. S., Ashok Arora and S. D. Shibulal on July 2, 1981 and is headquartered in Bangalore, India.

Financial Highlights

Mar 2018 INRUSD
Revenue705,220M10,939.40M
Gross Profit261,400M4,054.84M
Operating income173,750M2,695.21M
Income before tax203,410M3,155.30M
Net income160,290M2,486.42M
EBITDA192,380M2,984.20M
Diluted EPS711.10
Dividends Per Share33.500.51
Total Assets799,200M12,253.59M
Total liabilities149,520M2,292.48M
Total equity649,230M9,954.20M
Operating cash flow149,860M2,324.63M
Currency in INRCurrency in USD

Historical Data

 Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018
Revenue 501,330M 533,190M 624,410M 684,840M 705,220M
Gross Profit 144,890M 163,130M 237,960M 257,520M 261,400M
Operating income 125,200M 140,850M 157,900M 172,710M 173,750M
Income before tax 147,280M 172,840M 187,430M 199,810M 203,410M
Net income 106,560M 123,720M 134,890M 143,530M 160,290M
EBITDA 138,370M 151,020M 172,490M 189,740M 192,380M
Diluted EPS 46.62 54.13 59.01 62.78 71
Dividends Per Share 15.75 22.25 24.25 25.75 33.50
Total Assets 572,740M 666,070M 757,240M 838,220M 799,200M
Total liabilities 126,990M 158,240M 139,340M 147,990M 149,520M
Total equity 445,300M 507,360M 617,440M 689,820M 649,230M
Operating cash flow 122,040M 109,040M 124,110M 142,840M 149,860M
 Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018
Revenue 8,295.46M 8,720.31M 9,537.22M 10,212.79M 10,939.40M
Gross Profit 2,397.48M 2,667.98M 3,634.59M 3,840.31M 4,054.84M
Operating income 2,071.67M 2,303.59M 2,411.76M 2,575.56M 2,695.21M
Income before tax 2,437.02M 2,826.79M 2,862.80M 2,979.70M 3,155.30M
Net income 1,763.23M 2,023.43M 2,060.30M 2,140.41M 2,486.42M
EBITDA 2,289.59M 2,469.92M 2,634.60M 2,829.53M 2,984.20M
Diluted EPS 0.77 0.88 0.90 0.93 1.10
Dividends Per Share 0.26 0.36 0.37 0.38 0.51
Total Assets 9,590.02M 10,643.28M 11,434.78M 12,908.60M 12,253.59M
Total liabilities 2,126.33M 2,528.55M 2,104.11M 2,279.04M 2,292.48M
Total equity 7,456.15M 8,107.22M 9,323.71M 10,623.23M 9,954.20M
Operating cash flow 2,019.38M 1,783.34M 1,895.65M 2,130.12M 2,324.63M

Valuation Measures

Mar 2018
PER15.96
ROA19.57%
ROE23.94%
Operating margin24.63%
Profit margin22.72%

Key executives

  • Chief Executive Officer, Director & MD: Salil S. Parekh
  • Co-President: Mohit Joshi
  • Co-President & Deputy Chief Operating Officer: S. Ravikumar
  • Chief Operating Officer & Director: U. B. Pravin Rao
  • Chief Financial Officer & Executive Vice President: Ranganath D. Mavinakere

Shareholders

  • Life Insurance Corp. of India (6.8%)
  • HDFC Asset Management Co. Ltd. (Invt Mgmt) (2.8%)
  • The Vanguard Group, Inc. (2.6%)
  • BlackRock Fund Advisors (2.5%)
  • GOPALAKRISHNAN SUDHA (2.1%)
  • ICICI Prudential Asset Management Co. Ltd. (1.9%)
  • SBI Funds Management Pvt Ltd. (1.7%)
  • MURTHY ROHAN (1.3%)
  • GIC Pte Ltd. (Investment Management) (1.2%)
  • Abu Dhabi Investment Authority (Investment Management) (1.1%)

Contact Details

  • Website:http://www.infosys.com
  • Address: Electronics City, Hosur Road, Bangalore, 560100, India
  • Phone: +91.80.28520261

Related Companies

  • Infosys Consulting Ltda.
  • Brilliant Basics Holdings Ltd.
  • Infosys Consulting AG
  • Infosys Ltd. (Singapore)
  • Infosys Ltd. (United Arab Emirates)
  • Infosys Ltd. (United States)
  • Infosys Innovation Fund /Venture Capital/
  • Infosys Ltd. (Denmark)
  • Infosys Ltd. (Canada)
  • Kallidus, Inc.
  • Edgeverve Systems Ltd.
  • Noah Consulting LLC
  • Infosys Technologies (Shanghai) Co. Ltd.
  • Royal Philips Electronics NV /3 Shared Service Centers/
  • Skytree, Inc.
  • Infosys Technologies S De R L De Cv
  • Infosys Public Services, Inc.
  • Infosys Technologies (Sweden) AB
  • Infosys Consulting India Ltd.
  • Infosys Technologies (China) Co. Ltd.
  • Infosys Technologies (Australia) Pty Ltd.
  • Infosys Technologies Ltd. Zweigniederlassung Deutschland
  • Infosys Bpo sro
  • Infosys Consulting Holding AG
  • Lodestone Management Consultants AG
  • Panaya, Inc.
  • Infosys BPO Ltd.
  • Wongdoody, Inc.
  • Expert Information Services Pty Ltd
  • IQ Financial Systems /Trade IQ Product Division/

Competitors

  • Capgemini SE
  • Cognizant Technology Solutions Corporation Class A
  • Atos SE
  • Syntel, Inc
  • NetSol Technologies, Inc.
  • Tieto Oyj
  • CMTSU Liquidation, Inc.
  • Genpact Limited
  • Virtusa Corporation
  • EPAM Systems, Inc.
  • Edgewater Technology, Inc.
  • Perficient, Inc.
  • Sify Technologies Limited Sponsored ADR
  • Sopra Steria Group SA
  • Luxoft Holding, Inc. Class A
  • Keyrus SA
  • Globant SA
  • Innodata Inc.
  • Amdocs Limited
  • AMERI Holdings, Inc.
  • ExlService Holdings, Inc.
  • Fiserv, Inc.
  • Cigniti Technologies Limited
  • Firstsource Solutions Limited
  • WNS (Holdings) Limited Sponsored ADR
  • Sykes Enterprises, Incorporated
  • Hinduja Global Solutions Limited
  • CLPS, Inc.
  • Information Services Group, Inc.
  • Intellect Design Arena Ltd
Last Updated on 22 Jun, 2018

You have {{numberReadArticles}} FREE ARTICLE{{numberReadArticles-plural}} left this month

Subscribe to get unlimited access to all articles.

Get unlimited access
NAR site on phone, device, tablet

You have {{numberReadArticles}} FREE ARTICLE{{numberReadArticles-plural}} left this month

Subscribe to get unlimited access to all articles.

3 months for $9

Get unlimited access
NAR site on phone, device, tablet

Your trial period has expired

You need a subscription to...

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers and subscribe

Your full access to the Nikkei Asian Review has expired

You need a subscription to:

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers
NAR on print phone, device, and tablet media