Infosys Ltd

Information Technology F&O

NSE: INFY BSE: 500209 Computers - Software & Consulting

Key Fundamentals

LargecapComputer Software & ConsultingInformation Technology

Market Cap

5.3L Cr

Volatility

Low Risk

P/E Ratio

18.9

EBITDA

₹42,836 Cr

Return on Equity

29.67%

Debt to Equity

0.1

Book Value

₹184.28

EPS

₹64.2

52W High

₹1,732.95

52W Low

₹1,264.1

Technical Indicators

Key Insights

▲

Strengths

Stock is providing a good dividend yield of 3.29%.
Company has a good return on equity (ROE) track record: 3 Years ROE 30.7%
Company has been maintaining a healthy dividend payout of 65.9%

▼

Weaknesses

Promoter holding is low: 14.5%

Growth Rate

Revenue Growth

5.18% ↗

Net Income Growth

1.91% ↗

Cash Flow Change

41.59% ↗

ROE

-6.27% ↗

ROCE

-2.63% ↗

EBITDA Margin (Avg.)

-1.00% ↗

Quarterly Results

	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Depreciation	1,125	1,121	1,173	1,166	1,176	1,163	1,149	1,160	1,203	1,299	1,140	1,182	1,155
EPS in Rs	15.7	14.77	14.32	14.97	14.71	19.2	15.34	15.67	16.39	16.93	16.66	17.73	16.41
Expenses	28,951	28,443	28,869	29,554	29,684	29,139	29,878	31,177	31,649	31,051	32,336	33,955	34,845
Interest	80	82	90	138	131	110	105	108	101	102	105	106	100
Net Profit	6,586	6,134	5,945	6,215	6,113	7,975	6,374	6,516	6,822	7,038	6,924	7,375	6,666
OPM %	24%	24%	24%	24%	24%	23%	24%	24%	24%	24%	24%	24%	23%
Operating Profit	9,367	8,998	9,064	9,440	9,137	8,784	9,437	9,809	10,115	9,874	9,943	10,535	10,634
Other Income	769	671	561	632	789	2,729	838	712	859	1,190	1,042	982	-150
Profit before tax	8,931	8,466	8,362	8,768	8,619	10,240	9,021	9,253	9,670	9,663	9,740	10,229	9,229
Sales	38,318	37,441	37,933	38,994	38,821	37,923	39,315	40,986	41,764	40,925	42,279	44,490	45,479
Tax %	26%	28%	29%	29%	29%	22%	29%	30%	29%	27%	29%	28%	28%

Profit & Loss

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Depreciation	1,317	1,017	1,459	1,703	1,863	2,011	2,893	3,267	3,476	4,225	4,678	4,812	4,776
Dividend Payout %	34%	55%	41%	41%	59%	60%	45%	59%	59%	58%	73%	67%	—
EPS in Rs	23.31	26.93	29.36	31.24	36.69	35.26	38.96	45.42	52.56	58.08	63.2	64.32	67.73
Expenses	36,743	38,436	45,362	49,880	51,700	62,505	68,524	72,583	90,150	1,11,637	1,17,245	1,23,754	1,32,187
Interest	9	12	0	0	0	0	170	195	200	284	470	416	413
Net Profit	10,656	12,372	13,489	14,353	16,029	15,410	16,639	19,423	22,146	24,108	26,248	26,750	28,003
OPM %	27%	28%	27%	27%	27%	24%	25%	28%	26%	24%	24%	24%	24%
Operating Profit	13,390	14,883	17,079	18,604	18,822	20,170	22,267	27,889	31,491	35,130	36,425	39,236	40,986
Other Income	2,664	3,430	3,120	3,050	3,311	2,882	2,803	2,201	2,295	2,701	4,711	3,600	3,064
Profit before tax	14,728	17,284	18,740	19,951	20,270	21,041	22,007	26,628	30,110	33,322	35,988	37,608	38,861
Sales	50,133	53,319	62,441	68,484	70,522	82,675	90,791	1,00,472	1,21,641	1,46,767	1,53,670	1,62,990	1,73,173
Tax %	28%	28%	28%	28%	21%	27%	24%	27%	26%	28%	27%	29%	—

Balance Sheet

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Borrowings	0	0	0	0	0	0	4,633	5,325	5,474	8,299	8,359	8,227	8,755
CWIP	961	776	960	1,365	1,606	1,388	954	922	416	288	293	814	1,124
Equity Capital	286	572	1,144	1,144	1,088	2,170	2,122	2,124	2,098	2,069	2,071	2,073	2,074
Fixed Assets	8,378	11,346	13,386	14,179	12,574	15,710	23,789	25,505	25,800	29,225	27,622	30,961	32,656
Investments	4,331	2,270	1,892	16,423	12,163	11,261	8,792	14,205	20,324	19,478	24,623	23,541	23,485
Other Assets	43,296	51,897	58,860	51,181	53,006	55,707	58,265	66,879	70,189	75,605	84,822	92,479	1,03,115
Other Liabilities	12,436	15,553	13,354	14,166	14,426	19,118	21,717	25,835	35,905	40,890	40,885	43,750	48,295
Reserves	44,244	50,164	60,600	67,838	63,835	62,778	63,328	74,227	73,252	73,338	86,045	93,745	1,01,256
Total Assets	56,966	66,289	75,098	83,148	79,349	84,066	91,800	1,07,511	1,16,729	1,24,596	1,37,360	1,47,795	1,60,380
Total Liabilities	56,966	66,289	75,098	83,148	79,349	84,066	91,800	1,07,511	1,16,729	1,24,596	1,37,360	1,47,795	1,60,380

Cash Flow

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Financing Activity	-3,144	-4,935	-6,813	-6,939	-20,505	-14,512	-17,591	-9,786	-24,642	-26,695	-17,504	-24,161
Cash from Investing Activity	-2,563	999	-885	-14,664	4,533	-632	-331	-7,373	-6,485	-1,071	-5,093	-1,864
Cash from Operating Activity	9,825	8,353	10,028	11,531	13,218	14,841	17,003	23,224	23,885	22,467	25,210	35,694
Net Cash Flow	4,118	4,417	2,330	-10,072	-2,754	-303	-919	6,065	-7,242	-5,299	2,613	9,669

Ratios

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash Conversion Cycle	61	66	66	66	68	65	74	70	68	63	72	70
Debtor Days	61	66	66	66	68	65	74	70	68	63	72	70
ROCE %	36%	36%	33%	30%	30%	32%	32%	35%	37%	40%	40%	38%
Working Capital Days	15	3	34	38	50	36	42	36	28	31	54	39

Shareholding Pattern

41.1%

30.3%

14.5%

13.7%

DIIs: 41.08% FIIs: 30.27% Government: 0.20% Others: 0.24% Promoters: 14.52% Public: 13.69%

	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
DIIs	33.59%	34.58% ↑1.0	35.19% ↑0.6	35.51% ↑0.3	35.62% ↑0.1	37.28% ↑1.7	37.81% ↑0.5	38.19% ↑0.4	38.32% ↑0.1	39.39% ↑1.1	41.46% ↑2.1	41.08% ↓0.4
FIIs	35.09%	33.44% ↓1.7	33.60% ↑0.2	33.70% ↑0.1	34.11% ↑0.4	32.74% ↓1.4	33.28% ↑0.5	33.30% ↑0.0	32.89% ↓0.4	31.92% ↓1.0	30.08% ↓1.8	30.27% ↑0.2
Government	0.19%	0.20% ↑0.0	0.19% ↓0.0	0.20% ↑0.0	0.21%	0.21%	0.20%	0.20%	0.21%	0.21%	0.20%	0.20%
Others	0.33%	0.32% ↓0.0	0.31% ↓0.0	0.30% ↓0.0	0.29% ↓0.0	0.27% ↓0.0	0.27%	0.27%	0.26% ↓0.0	0.25% ↓0.0	0.24% ↓0.0	0.24%
Promoters	15.14%	14.94% ↓0.2	14.89% ↓0.0	14.78% ↓0.1	14.71% ↓0.1	14.61% ↓0.1	14.43% ↓0.2	14.43%	14.60% ↑0.2	14.61%	14.30% ↓0.3	14.52% ↑0.2
Public	15.67%	16.52% ↑0.8	15.83% ↓0.7	15.52% ↓0.3	15.06% ↓0.5	14.91% ↓0.2	14.01% ↓0.9	13.62% ↓0.4	13.72% ↑0.1	13.62% ↓0.1	13.70% ↑0.1	13.69%
No. of Shareholders	28,01,574	31,44,613	30,09,448	28,97,030	27,73,406	28,20,740	25,76,991	25,42,766	25,46,234	25,79,164	27,19,353	26,31,803

41.1%

30.3%

14.5%

13.7%

DIIs: 41.08% FIIs: 30.27% Government: 0.20% Others: 0.24% Promoters: 14.52% Public: 13.69%

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Dec 2025
DIIs	20.31%	21.55% ↑1.2	22.87% ↑1.3	24.68% ↑1.8	23.10% ↓1.6	17.10% ↓6.0	33.59% ↑16.5	35.62% ↑2.0	38.32% ↑2.7	41.08% ↑2.8
FIIs	38.31%	35.24% ↓3.1	34.04% ↓1.2	31.01% ↓3.0	32.67% ↑1.7	33.30% ↑0.6	35.09% ↑1.8	34.11% ↓1.0	32.89% ↓1.2	30.27% ↓2.6
Government	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.19% ↑0.2	0.21% ↑0.0	0.21%	0.20%
Others	0.49%	0.49%	0.47% ↓0.0	0.43% ↓0.0	0.36% ↓0.1	0.33% ↓0.0	0.33%	0.29% ↓0.0	0.26% ↓0.0	0.24% ↓0.0
Promoters	12.75%	12.90% ↑0.2	12.84% ↓0.1	13.15% ↑0.3	12.95% ↓0.2	13.11% ↑0.2	15.14% ↑2.0	14.71% ↓0.4	14.60% ↓0.1	14.52% ↓0.1
Public	28.14%	29.82% ↑1.7	29.78% ↓0.0	30.73% ↑0.9	30.92% ↑0.2	36.16% ↑5.2	15.67% ↓20.5	15.06% ↓0.6	13.72% ↓1.3	13.69% ↓0.0
No. of Shareholders	7,11,129	7,53,025	9,19,720	11,34,263	14,09,782	21,28,827	28,01,574	27,73,406	25,46,234	26,31,803