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Technology Services

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

Infosys Ltd. is a digital services and consulting company, which engages in the provision of end-to-end business solutions. It operates through the following segments: Financial Services; Retail; Communication; Energy, Utilities, Resources, and Services; Manufacturing; Hi-Tech; Life Sciences; and All Other. The company was founded by Dinesh Krishnan Swamy, Senapathy Gopalakrishnan, Narayana Ramarao Nagavara Murthy, Raghavan N. S., Ashok Arora, and S. D. Shibulal on July 2, 1981 and is headquartered in Bangalore, India.

Financial Highlights

Mar 2020 INRUSD
Revenue907,910M12,804.41M
Gross Profit257,850M3,636.50M
Operating income197,590M2,786.64M
Income before tax220,070M3,103.68M
Net income165,940M2,340.28M
EBITDA226,520M3,194.65M
Diluted EPS38.900.54
Dividends Per Share17.500.24
Total Assets927,680M12,262.58M
Total liabilities268,810M3,553.27M
Total equity654,500M8,651.54M
Operating cash flow189,320M2,670.01M
Currency in INRCurrency in USD

Historical Data

 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 624,410M 684,840M 705,220M 826,750M 907,910M
Gross Profit 237,960M 257,520M 253,920M 288,080M 257,850M
Operating income 157,900M 172,710M 173,750M 191,460M 197,590M
Income before tax 187,430M 199,810M 203,410M 210,410M 220,070M
Net income 134,890M 143,530M 160,290M 154,040M 165,940M
EBITDA 172,490M 189,740M 192,380M 211,570M 226,520M
Diluted EPS 29.50 31.39 35.50 35.38 38.90
Dividends Per Share 12.12 12.87 16.75 17.50 17.50
Total Assets 753,500M 833,550M 798,900M 847,380M 927,680M
Total liabilities 135,600M 143,320M 149,220M 196,900M 268,810M
Total equity 617,440M 689,820M 649,230M 649,480M 654,500M
Operating cash flow 124,110M 142,840M 149,860M 163,980M 189,320M
 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 9,537.22M 10,212.79M 10,939.40M 11,820.39M 12,804.41M
Gross Profit 3,634.59M 3,840.31M 3,938.81M 4,118.80M 3,636.50M
Operating income 2,411.76M 2,575.56M 2,695.21M 2,737.38M 2,786.64M
Income before tax 2,862.80M 2,979.70M 3,155.30M 3,008.31M 3,103.68M
Net income 2,060.30M 2,140.41M 2,486.42M 2,202.37M 2,340.28M
EBITDA 2,634.60M 2,829.53M 2,984.20M 3,024.90M 3,194.65M
Diluted EPS 0.45 0.46 0.55 0.50 0.54
Dividends Per Share 0.18 0.19 0.25 0.25 0.24
Total Assets 11,378.30M 12,836.68M 12,248.99M 12,232.11M 12,262.58M
Total liabilities 2,047.64M 2,207.13M 2,287.88M 2,842.29M 3,553.27M
Total equity 9,323.71M 10,623.23M 9,954.20M 9,375.38M 8,651.54M
Operating cash flow 1,895.65M 2,130.12M 2,324.63M 2,344.49M 2,670.01M

Valuation Measures

Mar 2020
PER16.42
ROA18.69%
ROE25.45%
Operating margin21.76%
Profit margin18.27%

Key executives

  • Chief Executive Officer, MD & Executive Director: Salil S. Parekh
  • Co-President: Mohit Joshi
  • Co-President & Deputy Chief Operating Officer: Ravi Kumar S.
  • Chief Operating Officer & Executive Director: U. B. Pravin Rao
  • Chief Financial Officer: Nilanjan Roy

Shareholders

  • Life Insurance Corp of India (7.1%)
  • The Vanguard Group, Inc. (2.8%)
  • SBI Funds Management Pvt Ltd. (2.7%)
  • GOPALAKRISHNAN SUDHA (2.2%)
  • ICICI Prudential Asset Management Co. Ltd. (1.9%)
  • HDFC Asset Management Co. Ltd. (Invt Mgmt) (1.9%)
  • BlackRock Fund Advisors (1.8%)
  • GIC Pte Ltd. (Investment Management) (1.6%)
  • ICICI Prudential Life Insurance Co. Ltd. (Invt Port) (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

  • 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.
  • 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.
  • Skava Systems Pvt Ltd.
  • Noah Consulting LLC
  • Infosys Technologies (Shanghai) Co., Ltd.
  • Royal Philips Electronics NV /3 Shared Service Centers/

Competitors

  • Cognizant Technology Solutions Corporation Class A
  • Atos SE
  • Capgemini SE
  • NetSol Technologies, Inc.
  • Globant SA
  • CMTSU Liquidation, Inc.
  • Sopra Steria Group SA
  • Virtusa Corporation
  • Sify Technologies Limited Sponsored ADR
  • EPAM Systems, Inc.
  • Genpact Limited
  • Perficient, Inc.
  • PFSweb, Inc.
  • Amdocs Limited
  • AMERI Holdings, Inc.
  • Fiserv, Inc.
  • Innodata Inc.
  • ExlService Holdings, Inc.
  • StarTek, Inc.
  • Teleperformance SE
  • Firstsource Solutions Limited
  • Cigniti Technologies Limited
  • WNS (Holdings) Limited Sponsored ADR
  • Intellect Design Arena Ltd
  • Sykes Enterprises, Incorporated
  • Optiva Inc.
  • IQVIA Holdings Inc
  • Majesco
Last Updated on 3 Aug, 2020

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