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Infosys Limited
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Summary Sheet
BSE Symbol
500209 |
NSE Symbol
INFY |
Price (Rs)
2,779.95 (
0.96%) |
Mkt. Cap (Rs m)
1,596,213 |
Forward P/E (x)
21.5 |
Volume ('000)
75.1 |
Div Yield (%)
2.2 |
Price information as on : Feb 3, 2012. Forward P/E and Div. Yield: FY12E
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| Year End |
FY09 |
FY10 |
FY11 |
FY12E |
FY13E |
FY14E |
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| Sales growth (%) |
30.0 |
4.8 |
20.9 |
17.2 |
10.8 |
18.9 |
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| Net Profit Growth (%) |
NA |
4.6 |
9.1 |
8.6 |
11.5 |
23.9 |
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| NPM (%) |
27.6 |
27.6 |
24.9 |
23.0 |
23.2 |
24.1 |
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| FDEPS |
104.4 |
109.2 |
119.4 |
129.3 |
144.1 |
178.6 |
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| PER |
26.6 |
25.5 |
23.3 |
21.5 |
19.3 |
15.6 |
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| PCF |
23.6 |
22.1 |
20.8 |
19.1 |
17.2 |
13.9 |
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Reasons to Buy
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Reasons not to Buy
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Long term story is promising
'Cloud computing' - The next big thing
Offering end-to-end solutions is the key
New initiatives to drive future growth
BPO represents huge opportunity
Managerial excellence
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Currency risks
Managing a huge workforce
Delay in spending decisions
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| Parameter |
Comments |
| Management |
Visionary, proactive and ethical. Has consistently outperformed the sector. |
| Industry growth |
Move towards offshoring of services growing at a strong pace. But backlash could hamper growth in the near-term. |
| Co.standing |
Trendsetter in the sector. Moving towards becoming an end-to-end software services provider. |
| Entry barriers |
Management skills, scale and domain expertise. |
| Competition |
High. Competition is more global. |
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Infosys has come to be the gold standard in the Indian IT industry's success. From humble beginnings in 1981, the company today is the second largest exporter of software services from the country. It is known globally for its world-class management practices and work ethics. It has been making conscious and constant efforts to move up the software value chain and offers services like software development, maintenance, technology consulting, testing and package implementation. Infosys offers all these services through its highly integrated and widely acclaimed global delivery model. The company’s revenues and profits have grown at average annual rates of 23.6% and 22.7% respectively during the last five years (FY06-FY11).
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| One-year comparative graph with BSE |
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Research report last updated on: 1 Dec, 2011
Disclosure:
The analyst and dependent family members
do not hold
shares in this Company.
Please read QIS' Share Trading Guidelines.
| This is a sample Research Report from Equitymaster. The Research Report service gives you analysis and 3-year forward projections on India's top 100 companies. Please click here to subscribe to this service |
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