Infosys Ltd.
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
Financial Highlights
Mar 2023 | INR | USD |
Revenue | 1,467.67B | 18,262.30M |
Gross Profit | 388,850M | 4,838.48M |
Operating income | 313,760M | 3,904.13M |
Income before tax | 333,220M | 4,146.27M |
Net income | 240,950M | 2,998.15M |
EBITDA | 356,010M | 4,429.85M |
Diluted EPS | 57.53 | 0.71 |
Dividends Per Share | 34 | 0.42 |
Total Assets | 1,258.16B | 15,309.34M |
Total liabilities | 499,780M | 6,081.34M |
Total equity | 754,070M | 9,175.55M |
Operating cash flow | 239,920M | 2,985.33M |
Currency in INR | Currency in USD |
Historical Data
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
Revenue | 826,750M | 907,910M | 1,004.72B | 1,216.41B | 1,467.67B |
Gross Profit | 288,080M | 257,850M | 301,030M | 344,840M | 388,850M |
Operating income | 191,460M | 197,590M | 250,610M | 284,410M | 313,760M |
Income before tax | 210,410M | 220,070M | 266,280M | 301,100M | 333,220M |
Net income | 154,040M | 165,940M | 193,510M | 221,100M | 240,950M |
EBITDA | 211,570M | 226,520M | 283,280M | 319,170M | 356,010M |
Diluted EPS | 35.38 | 38.90 | 45.52 | 52.41 | 57.53 |
Dividends Per Share | 17.50 | 17.50 | 27 | 31 | 34 |
Total Assets | 847,380M | 927,680M | 1,083.86B | 1,178.85B | 1,258.16B |
Total liabilities | 196,900M | 268,810M | 315,470M | 420,850M | 499,780M |
Total equity | 649,480M | 654,500M | 763,510M | 753,500M | 754,070M |
Operating cash flow | 163,980M | 189,320M | 246,420M | 257,830M | 239,920M |
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
Revenue | 11,820.39M | 12,804.41M | 13,534.31M | 16,325.54M | 18,262.30M |
Gross Profit | 4,118.80M | 3,636.50M | 4,055.09M | 4,628.12M | 4,838.48M |
Operating income | 2,737.38M | 2,786.64M | 3,375.89M | 3,817.09M | 3,904.13M |
Income before tax | 3,008.31M | 3,103.68M | 3,586.98M | 4,041.08M | 4,146.27M |
Net income | 2,202.37M | 2,340.28M | 2,606.72M | 2,967.40M | 2,998.15M |
EBITDA | 3,024.90M | 3,194.65M | 3,815.98M | 4,283.60M | 4,429.85M |
Diluted EPS | 0.50 | 0.54 | 0.61 | 0.70 | 0.71 |
Dividends Per Share | 0.25 | 0.24 | 0.36 | 0.41 | 0.42 |
Total Assets | 12,232.11M | 12,262.58M | 14,824.29M | 15,557.24M | 15,309.34M |
Total liabilities | 2,842.29M | 3,553.27M | 4,314.78M | 5,553.94M | 6,081.34M |
Total equity | 9,375.38M | 8,651.54M | 10,442.76M | 9,943.91M | 9,175.55M |
Operating cash flow | 2,344.49M | 2,670.01M | 3,319.45M | 3,460.35M | 2,985.33M |
Valuation Measures
Mar 2023 | |
PER | 24.77 |
ROA | 19.77% |
ROE | 31.96% |
Operating margin | 21.37% |
Profit margin | 16.41% |
Key executives
- Chief Executive Officer, MD & Executive Director: Salil S. Parekh
- Chief Financial Officer: Nilanjan Roy
- Executive VP-Communications, Media & Technology: Anand Swaminathan
- Chief Compliance Officer & Group General Counsel: Inderpreet Sawhney
- Executive VP & Deputy Chief Financial Officer: Jayesh Sanghrajka
Shareholders
- Life Insurance Corporation of India (Investment Portfolio) (6.2%)
- SBI Funds Management Pvt Ltd. (4.0%)
- The Vanguard Group, Inc. (2.6%)
- ICICI Prudential Asset Management Co. Ltd. (2.4%)
- GIC Pte Ltd. (Investment Management) (2.3%)
- GOPALAKRISHNAN SUDHA (2.2%)
- BlackRock Fund Advisors (1.9%)
- UTI Asset Management Co. Ltd. (Investment Management) (1.5%)
- HDFC Asset Management Co. Ltd. (Invt Mgmt) (1.4%)
- MURTHY ROHAN (1.4%)
Contact Details
- Website:http://infosys.com
- Address: Electronics City, Hosur Road, Bangalore, 560100, India
- Phone: +91.80.28520261
Related Companies
- Infosys Germany Holding GmbH
- Infosys Ltd. (Bulgaria)
- Infosys Automotive & Mobility GmbH & Co. KG
- Infosys Ltd. Suomen Sivuliike
- Eishtech Ltd.
- Base Life Science A/S
- Brilliant Basics (MENA) DMCC
- Infosys South Africa (Pty) Ltd.
- Stater XXL BV
- Infosys Arabia Ltd.
- Infosys Luxembourg SARL
- Infosys Americas, Inc.
- Simplus Europe Ltd.
- Infosys Austria GmbH
- Infosys Chile SpA
- Fluido Sweden AB
- Infosys Consulting SRL
- Infosys Nova Holdings LLC
- Infosys Management Consulting Pty Ltd.
- Infosys Consulting Pte Ltd.
- Infosys Technologies Ltd. (United States)
- WongDoody Holding Co., Inc.
- Infosys Consulting Ltda.
- Brilliant Basics Holdings Ltd.
- GuideVision sro
- Kaleidoscope Animations, Inc.
- Infosys Ltd. (Singapore)
- Infosys Ltd. (United Arab Emirates)
- Infosys Ltd. (United States)
- Infosys Innovation Fund /Venture Capital/
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