Strength
More profitable than peers
ROE of 31.1% is well above the computers software and consulting median of 21.3%.
Importance 51 / 95 · profitability
Infosys · Research view
Infosys Ltd
NSE: INFYBSE: 500209ISIN INE009A01021Face value ₹5standalone
₹1,035
+2.93% · 2026-10-01 · 52-wk ₹985–₹1,690
Financials to FY2026 · 5 years of history · prices to 2026-10-01consolidatedstandalone
Section 02 · Synthesis
What stands out?
The strongest observations the engine found, ranked. Every line is generated from the filed numbers by a fixed rule — no opinion, no estimate.
StrengthConcernWatchContext
Context
Lower P/E than peers
Trades at 13.82× earnings — 39% below the computers software and consulting median of 22.52×.
Importance 49 / 95 · valuation
Strength
Consistently free-cash-flow positive
Free cash flow has been positive in 5 of the last 5 years.
Importance 44 / 95 · cash quality
Section 03 · The company
Who is this company?
Classified by the exchange under Information Technology › Information Technology › IT - Software › Computers - Software & Consulting.
- Market cap
- ₹4.19 L cr
- FY2026 revenue
- ₹1,48,819 cr
- FY2026 net profit
- ₹29,211 cr
- Net worth
- ₹80,874 cr
- Total debt
- ₹0 crnet cash
- EPS (basic)
- ₹70.87
- Listed
- NSE · BSE
- Reporting
- Ind-ASApr–Mar
Peer set used on this page: 9 computers - software & consulting.
Section 04 · Business performance
Is the business growing?
RevenueNet profit
Context
Revenue has compounded at 10.1% a year over 4 years (₹1,21,641 → ₹1,78,650) — steady rather than rapid.
Rule REVENUE_COMPOUNDED_MODERATE
- Revenue growth per year
- +9.4%over 4 years
- Revenue growth
- +9.0%vs last year
- Net profit growth
- +14.2%vs last year
- Change in net profit since FY22
- +38%
Section 05 · Recent activity
What changed recently?
Quarterly results, the trailing-twelve-months snapshot, and verified corporate actions — kept separate from each other and from the annual story above. Every figure traces to a filed number; nothing here is external news or commentary.
Strength
Q1 FY27 revenue was ₹48,211 cr, up 14.0% from ₹42,279 cr in Q1 FY26 a year earlier.
Rule QTR_REVENUE_GROWTH_YOY
Strength
Q1 FY27 net profit was ₹7,775 cr, up 12.3% from ₹6,924 cr a year earlier.
Rule QTR_PROFIT_GROWTH_YOY
Strength
Q1 FY27 revenue of ₹48,211 cr is the highest of the 13 quarters on record for this company.
Rule QTR_REVENUE_AT_RECORD
A. Quarterly results
RevenueNet profit
| Quarter | Revenue | YoY | Net profit | YoY | Net margin |
|---|---|---|---|---|---|
| Q2 FY25 | 40,986 | — | 6,516 | — | 15.9% |
| Q3 FY25 | 41,764 | +7.6% | 6,822 | +11.6% | 16.3% |
| Q4 FY25 | 40,925 | +7.9% | 7,038 | −11.7% | 17.2% |
| Q1 FY26 | 42,279 | +7.5% | 6,924 | +8.6% | 16.4% |
| Q2 FY26 | 44,490 | +8.5% | 7,375 | +13.2% | 16.6% |
| Q3 FY26 | 45,479 | +8.9% | 6,666 | −2.3% | 14.7% |
| Q4 FY26 | 46,402 | +13.4% | 8,509 | +20.9% | 18.3% |
| Q1 FY27 | 48,211 | +14.0% | 7,775 | +12.3% | 16.1% |
B. TTM snapshot
Trailing twelve months to 30 Jun 2026 · sum of the last 4 contiguous quarters
- Revenue
- ₹1,84,582 crTTM
- EBITDA
- ₹48,009 crTTM
- EBIT
- ₹43,002 crTTM
- PBT
- ₹41,283 crTTM
- Net profit
- ₹30,325 crTTM
C. Corporate actions
10 Jun 2026DividendFinal Dividend - Rs. - 25.0000 — ₹25.00/share
14 Nov 2025BuybackBuy Back of Shares
27 Oct 2025DividendInterim Dividend - Rs. - 23.0000 — ₹23.00/share
30 May 2025DividendFinal Dividend - Rs. - 22.0000 — ₹22.00/share
29 Oct 2024DividendInterim Dividend - Rs. - 21.0000 — ₹21.00/share
31 May 2024DividendSpecial Dividend - Rs. - 8.0000 — ₹8.00/share
31 May 2024DividendFinal Dividend - Rs. - 20.0000 — ₹20.00/share
25 Oct 2023DividendInterim Dividend - Rs. - 18.0000 — ₹18.00/share
2 Jun 2023DividendFinal Dividend - Rs. - 17.5000 — ₹17.50/share
27 Oct 2022DividendInterim Dividend - Rs. - 16.5000 — ₹16.50/share
31 May 2022DividendFinal Dividend - Rs. - 16.0000 — ₹16.00/share
26 Oct 2021DividendInterim Dividend - Rs. - 15.0000 — ₹15.00/share
31 May 2021DividendFinal Dividend - Rs. - 15.0000 — ₹15.00/share
23 Oct 2020DividendInterim Dividend - Rs. - 12.0000 — ₹12.00/share
29 May 2020DividendFinal Dividend - Rs. - 9.5000 — ₹9.50/share
23 Oct 2019DividendInterim Dividend - Rs. - 8.0000 — ₹8.00/share
13 Jun 2019DividendFinal Dividend - Rs. - 10.5000 — ₹10.50/share
24 Jan 2019DividendSpecial Dividend - Rs. - 4.0000 — ₹4.00/share
25 Oct 2018DividendInterim Dividend - Rs. - 7.0000 — ₹7.00/share
4 Sept 2018Bonus issueBonus issue 1:1 — 1:2
14 Jun 2018DividendSpecial Dividend - Rs. - 10.0000 — ₹10.00/share
14 Jun 2018DividendFinal Dividend - Rs. - 20.5000 — ₹20.50/share
31 Oct 2017BuybackBuy Back of Shares
31 Oct 2017DividendInterim Dividend - Rs. - 13.0000 — ₹13.00/share
1 Jun 2017DividendFinal Dividend - Rs. - 14.7500 — ₹14.75/share
Section 06 · Business performance
Is it becoming more profitable?
EBITDA marginNet margin
Strength
ROE of 31.1% is well above the computers software and consulting median of 21.3%.
Rule ROE_ABOVE_PEER_MEDIAN
- EBITDA margin now
- 28.6%
- 5-year range
- 27.9–30.4%
- ROE FY2026
- 34.7%
- ROCE FY2026
- 47.7%
ROE improved from 29.0% to 31.1% year on year.
Section 07 · Financial health
Is financial health improving?
Net worth (shareholders' funds)
Strength
Free cash flow has been positive in 5 of the last 5 years.
Rule FCF_CONSISTENTLY_POSITIVE
Operating cash flowNet profit
- Total debt
- ₹0 crnet cash
- Operating cash flow ÷ net profit
- 0.96×FY2026
- Free cash flow
- ₹25,994 cr
- Current ratio
- 2.03×
Section 08 · Relative position
How does it compare with peers?
Ranked against 9 computers - software & consulting (FY2026, consolidated).
Revenue growth
INFY · 6th of 9 · set median 11.2%
EBITDA margin
INFY · 2nd of 9 · set median 20.8%
Return on equity
INFY · 2nd of 9 · set median 21.3%
P/E ratio
INFY · 2nd of 9 · set median 22.5×
Context
Trades at 13.82× earnings — 39% below the computers software and consulting median of 22.52×.
Rule PE_BELOW_PEERS
- P / E
- 13.8×TTM to Jun 26
- P / B
- 4.5×latest book
- P / S
- 2.3×TTM sales
- Earnings yield
- 7.2%TTM to Jun 26
On the trailing twelve months. Last full year: P/E 14.2× · P/S 2.3× · ROE 31.1%.
Section 09 · The stock
How has the stock performed?
Long-term price performance is shown above.
- 1-year return
- −28.4%
- 3-year return
- −27.9%
- 5-year return
- −37.8%
- From 52-wk high
- −38.8%
Section 10 · Technical data
What does the technical data say?
Price-action indicators as of 2026-10-01. Secondary to the fundamentals above — included for timing context, not as a signal.
- vs 50-day avg
- Below₹1,103
- vs 200-day avg
- Below₹1,274
- RSI (14)
- 41.7neutral
- MACD histogram
- -2.5
- From 52-wk high
- −38.8%
- From 52-wk low
- +5.0%
- 30-day volatility
- 26.3%ann.
- 6-month return
- −19.0%
Section 11 · Open questions
What should I investigate further?
Observations the engine tagged watch or deteriorating — prompts for your own research, not conclusions.
Nothing is flagged for review for this company.
Data coverage is complete — 5 years of financials (FY2022–FY2026), full P&L, balance sheet and cash-flow statement, sector metrics fully mapped.
Section 12 · Reference
The numbers
The full statements, kept deliberately secondary. Every figure traces to a BSE Integrated Filing (inline XBRL); ratios are recomputed from the normalised facts.
| Metric | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 1,03,940 | 1,24,014 | 1,28,933 | 1,36,592 | 1,48,819 |
| Total income | 1,07,164 | 1,27,873 | 1,36,350 | 1,41,374 | 1,55,310 |
| EBITDA | 31,052 | 34,553 | 39,174 | 38,281 | 42,504 |
| Profit before tax | 28,495 | 31,643 | 35,953 | 35,441 | 38,757 |
| Net profit | 21,235 | 23,268 | 27,234 | 25,568 | 29,211 |
| EPS (₹) | 50.3 | 55.5 | 65.6 | 61.6 | 70.9 |
| Net worth | 69,306 | 67,745 | 81,176 | 87,332 | 80,874 |
| Total debt | 0 | 0 | 0 | 0 | 0 |
| Operating cash flow | 22,096 | 19,169 | 20,787 | 29,409 | 28,164 |
| Free cash flow | 20,309 | 17,039 | 18,955 | 27,822 | 25,994 |
| Ratio | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Growth | |||||
| Revenue growth YoY | — | 19.3 | 4.0 | 5.9 | 9.0 |
| Profit growth YoY | — | 9.6 | 17.0 | -6.1 | 14.2 |
| Profitability | |||||
| EBITDA margin % | 29.9 | 27.9 | 30.4 | 28.0 | 28.6 |
| Net margin % | 19.8 | 18.2 | 20.0 | 18.1 | 18.8 |
| Return on equity % | 30.6 | 34.0 | 36.6 | 30.3 | 34.7 |
| Return on capital % | 41.3 | 46.4 | 48.7 | 42.3 | 47.7 |
| Leverage & cash | |||||
| Debt to equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash flow ÷ profit | 1.04 | 0.82 | 0.76 | 1.15 | 0.96 |
| Current ratio | 2.10 | 1.90 | 2.62 | 2.43 | 2.03 |