Infosys, incorporated in the year 1981, is a Large Cap company (having a market cap of Rs 663473.83 Crore) operating in IT Software sector.
Infosys key Products/Revenue Segments include Software Development Charges and Software Products for the year ending 31-Mar-2022.
Financials
The company’s top management includes Mr.Nandan M Nilekani, Mr.Salil Parekh, Ms.Kiran Mazumdar Shaw, Ms.Chitra Nayak, Mr.D Sundaram, Mr.Michael Gibbs, Mr.Uri Levine, Mr.Bobby Parikh. Company has Deloitte Haskins & Sells LLP as its auditors. As on 31-12-2022, the company has a total of 419 Crore shares outstanding.
Investment Rationale
With improvement in macro fundamentals over FY25E/FY 26E, the brokerage expects Infosys high focus on growth & transformation agenda of clients to enable it to grow at 11.3% /13.6% during FY25E / FY26E, a tad faster than TCS. The brokerage expects Infosys EBIT margins to expand gradually from 21.2% in FY23E to 22% byFY26E on the back of various levers like pricing, utilisation, further optimization of employee pyramid, lower sub-contracting cost, automation and lower attrition.
Promoter/FII Holdings
Promoters held 15.11 per cent stake in the company as of 31-Dec-2022, while FIIs owned 36.29 per cent, DIIs 32.38 per cent.
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