Research And Views Archives | Equitymaster

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks


Login Failure
(Please do not use this option on a public machine)
  Sign Up | Forgot Password?  

Archives... Don't Miss Anything, Ever!

Here you will find all the research and views that we post on Equitymaster. Use the tools to customize the results to suit your preference!


Infosys Share price, NSE/BSE Forecast News and Quotes| Equitymaster

Dec 1, 2021 | Updated on Dec 1, 2021

Infosys: Get the latest Infosys Share price and stock price updates, live NSE/BSE share price, share market reports, financial report, balance sheet, price charts, financial forecast news and quotes only at

VISESH INFOSYS Share price, NSE/BSE Forecast News and Quotes| Equitymaster

Nov 29, 2021 | Updated on Nov 29, 2021

VISESH INFOSYS: Get the latest VISESH INFOSYS Share price and stock price updates, live NSE/BSE share price, share market reports, financial report, balance sheet, price charts, financial forecast news and quotes only at

Infy beats expectations

Jul 10, 2003

Infosys has announced a 6% growth sequentially in its topline for 1QFY04 thus surpassing its projections and market expectations once more. Also, the profit growth for the company has been 7%, sequentially, for the quarter. On a YoY basis, the company’s revenues are up 41%. The growth on the profits front has been significant considering that the company had given a guidance stating a 1% sequential fall in net profits for the June quarter.

Infy: Robust growth

Oct 9, 2002

It’s the result season once again and tech major Infosys will declare its 2QFY03 results tomorrow. The result will be keenly watched, as always, as Infosys’ numbers and outlook are taken as a benchmark for the domestic technology sector. With ‘fog on the windscreen’ regarding future prospects of the sector, markets will look for more clarity. However, as far as clarity is concerned, markets are likely to be disappointed, as the economic environment in the US, the largest market for the software

Infosys: Problem of plenty

Jun 5, 2002

Infosys’ performance in FY02 was once again brilliant. But this time performing too well seems to be a problem for the company. The company at the end of fiscal ‘02 had Rs 10 bn (US$ 204 m) in cash and equivalents compared to Rs 5 bn (US$ 102 m) in FY01. This translates to a growth of 78%. Plenty of cash is taking a toll on Infy’s profitability measures. Thus, the million, in fact 200 million, dollar question is what will the company do with the huge cash inflows?

Software: Healthy growth?

Mar 20, 2002

For the quarter ended December 2001 Infosys as usual bagged projects from verticals like BFSI and manufacturing. But the most notable was the project that gave Infy an entry into the healthcare sector. The health care sector has one of the lowest penetrations of information technology and consequently, has very strong growth potential.

Infy: Tight belt policy

Jan 10, 2002

The most positive aspect of the Infosys’s performance has been the fact that the company has managed to improve operating margins by a significant 70 basis points. This is a remarkable achievement considering the current business environment. The company has managed to achieve this feat by making a part of the salaries variable. The variable part of the salaries are linked to certain targets. As these targets have not been met, the company’s employee costs have shown a lower growth. Infosys has

Infy 3QFY02: In line with expectations

Jan 10, 2002

Infy continuing with its tradition has once again beaten its own guidance. However, the results are in line with market expectations. For 3QFY02, the company has clocked a 1.6% sequential (QoQ) growth in revenues and a rise of 2.2% in the bottomline. On YoY basis, the company’s topline has grown by 23% and the net profits have recorded at 23.8% growth.

Infy 3QFY02: Affirmation?

Jan 8, 2002

Infosys is declaring its results for 3QFY02 on January 10 and you can be sure that the markets will watch very keenly. But more importantly, the management’s outlook will be the key driver for sentiment towards the technology sector going forward. The technology stocks have run up in the past few months on hopes of a turnaround. However, the markets have run on very early signs and are now waiting for an affirmation. Infosys’ numbers could provide them with that.

Infy: 2QFY02 result analysis

Oct 10, 2001

Infosys’ performance has muted all the doubts regarding the company’s ability to grow in difficult times. Considering the uncertainty in the environment, Infosys has achieved quite a feat by managing to hike billing rates. Infact in the first quarter the company had shown a decline in billing rates for offshore services.

Infy beats expectations in 2QFY02

Oct 10, 2001

Infosys has beaten all market expectations with a superb performance for 2QFY02. The company has posted a sequential growth (QoQ) of 6.1% in revenues and the sequential increase in net profit is 6.1%. On a YoY basis the company’s revenues have grown by 45.7% and the rise in bottomline is 30.9%. The highlight of the performance is that the company’s operating margins have improved by 50 basis points.

Infy: Out of favour

Sep 6, 2001

Infy has been out favour on the Nasdaq for quite some time now. Almost till March the stock had been outperforming the technology index but then things changed. We look at what could be the probable concerns that are haunting the company’s valuations.

Infy: Its different

Jul 21, 2001

When Infosys Consultants Private Limited was incorporated on the 2nd of July, 1981 not many realized that it was the start of something big, as big as Rs 19 bn, known as Infosys Technologies Limited, twenty years down the line. Infosys’ sales in 1981 were Rs 1.2 m, and the return on capital employed was at 98 percent, the highest ever in its history. Then began the arduous task of building a world-class organisation meticulously, with the utmost commitment to quality and of course, very quietly.

Infosys result analysis

Jul 10, 2001

Infy’s growth for 1QFY02 was volume led. While the company increased the quantity of business by 11%, the blended billing rates actually came down by 2.8%. This was due to a fall in the offshore billing rates by 6%. Obviously, there is a pricing pressure on the company. However, for the onsite services the company managed to increase its billing rates by 1.2%. The onsite revenues contributed 50.5%, while offshore revenues contributed 49.5%. According to the company, in the current environment th

Infy : Under promises and over delivers

Jul 10, 2001

Infosys has beaten its earnings forecast for 1QFY02, with a YoY growth of 72% in net sales. Net profits have grown by 49.8% YoY. However, excluding the other income from transfer of intellectual property right to Onscan Inc. (Rs 55 m) the growth in net profits is 56.6% YoY. The company has managed to add 26 new clients during the 1QFY02. The figure is lower compared to 37 in 4QFY01. On a QoQ basis the company has posted a growth in topline of 9% and a growth in net profits by 4.6%.

Infy: Investments for the future

Jun 20, 2001

On the face of it Infosys seems to have an unfortunate history with the investments it has made. In FY01 the company wrote off Rs 223 m worth of investments, up by a significant 218% compared to Rs 70 m in FY00. But the paradox is that considering the company's size and the tough market conditions, the only way the company can ensure high rate of returns (that it has shown in the past) is by growing inorganically.

Infy: The Workadia adventure

Jun 8, 2001

Infosys has recently invested Rs 102 m (US$ 2.2 m) into a new venture name Workadia. The others that are involved in the venture are American Express, TIBCO and WestBridge Capital Partners. Let’s take a look.

History repeats: analysts fail!

Apr 12, 2001

"History created: Infy disappoints" screams the headline at Similar messages are posted in newspapers, websites, and in the emails coming from the analysts hours after blue-chip Infosys declared results. But did Infosys really disappoint? Or were the analysts on some high-flying steroids and white powder when they had their "expectations" of Infy.

Infy’s got a flat

Apr 11, 2001

Well, pessimist, rejoice! This day is yours. We have been totally taken aback by what Infosys has posted for the 4QFY01. There was no clue absolutely of what was to come. A deeper look into the results and we find the reasons for low growth.

History created: Infy disappoints

Apr 11, 2001

Infosys has created a history by reporting lower than expected topline and profits growth in the fourth quarter of the year ended March '01. The company's revenues and profits for the quarter increased by 5% and 9% respectively.

Become A Smarter Investor
In Just 5 Minutes

Multibagger Stock Guide 2022
Get our special report Multibagger Stocks Guide (2022 Edition) Now!
We will never sell or rent your email id.
Please read our Terms