Infosys is an IT services provider based in Bengaluru, India, with offices in more than 50 countries. The company leverages its offshore outsourcing model to serve clients across different industries, such as financial services and manufacturing.
It is a $43.3B technology company. Revenue grew 4.6% over the last year, it keeps 16¢ of every dollar of sales as profit, and it holds more cash than debt. It trades at 13.3× earnings — near the lowest of its own history.
- Website
- infosys.com
- Employees
- 325 000
- Sector
- Technology
- Founded
- 1981
Skills
Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.
Strong valuation, profitability, health, quality and moat; Growth lags behind.
Valuation95
- P/E vs own history1th pct · 25/25
- FCF yield8.8% · 25/25
- P/S2.2x · 20/25
- EV/EBITDA9.2x · 25/25
Growth29
- Revenue CAGR5.4% · 12/25
- Net income CAGR2.8% · 6/25
- EPS CAGR ~5Y3.4% · 6/25
- Fwd implied growth1.9% · 5/25
Profitability90
- ROIC44.3% · 25/25
- ROE32.7% · 25/25
- Net margin16.4% · 20/25
- Operating margin20.4% · 20/25
Health93
- Altman Z7.50 · 25/25
- Current ratio1.86 · 18/25
- Interest coverage135.1x · 25/25
- Net cash / debtNet cash · 25/25
Quality90
- Piotroski F6/9 · 15/25
- Beneish M-2.69 · 25/25
- FCF conversion115% · 25/25
- Margin stabilityσ 0.9% · 25/25
Moat81
- ROIC >12% years5/5 yrs · 25/25
- Median gross margin29.6% · 6/25
- FCF-positive years5/5 yrs · 25/25
- Worst-year net marginworst 16.4% · 25/25
Experience
The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.
- FY2026FinancialBest year on record$3.31B net income
- 2025MilestoneInfosys secured a 15-year contract worth £1.2 billion ($1.59 billion) from the NHS Business…
- FY2022FinancialProfitable every year on record5 consecutive profitable years in our data
- FY2022FinancialRevenue already above $10B$16.3B in first reported year
- FY2022FinancialPositive free cash flow every year since5-year streak
- 2021MilestoneInfosys became the fourth Indian company to achieve a market capitalization of billion
- 2015ProductInfosys launched the $500 million Infosys Innovation Fund to invest in early-stage startups focused on…
- 2002ProductInfosys created a business process management division called Progeon (now Infosys BPM)
- 1999ProductInfosys rolled out Finacle, a core banking software suite developed as the successor to Bancs2000
- 1999MilestoneInfosys listed its American depositary receipts (ADRs) on Nasdaq in March 1999, making it the first Indian company…
- 1995ProductInfosys released its banking automation software package Bancs2000 in 1995, middleware architecture product Entark…
- 1993IPOInfosys launched its initial public offering (IPO) with an offer price of 95 per share
- 1981FoundedIt was incorporated as Infosys Consultants Private Limited in Pune on 2 July 1981, before relocating to Bangalore in…
Achievements
Verifiable track record, straight from the reported numbers.
Strengths & watch-outs
What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.
Strengths
- Strong cash conversion — FCF is 18.9% of revenue
- Net cash position after subtracting debt from cash
- Interest covered 135.1× by operating earnings
- High returns on invested capital (ROIC 44.3%)
- Altman Z-Score 7.50 — low bankruptcy-risk zone
Watch-outs
Nothing stands out as a concern in the available data.
Qualifications
The basics a company should meet before you research it further. Each check uses the reported numbers.
- Revenue growing — the company sells more than a year ago+4.6% YoY
- Profitable — makes more than it spends$3.31B FY2026
- Profit growing — earnings are higher than last year+7.5% YoY
- Generates cash — cash left after running and investing$3.80B FY2026
- Debt under control — could handle its obligationsmore cash than debt
- Established company — not a micro-cap — lower blow-up risk$43.3B market cap
- Not printing shares — share count not ballooning — you keep your slice-2.1% shares over ~5y
- Proven track record — years of profitability behind it5/5 profitable years
- Financially stable — balance sheet not near distressAltman Z 7.5 — safe
- Pays a dividend — returns cash to shareholdersyield 4.87%
- Valuation not extreme — price not wildly above earningsP/E 13.3
Peer comparisonInfosys Limited vs 6 largest technology peers — cap, P/E, growth and margin side by sideOpen ▾Close ▴
| Company | Market cap | P/E | Revenue growth | Net margin | Profile |
|---|---|---|---|---|---|
| INFY this company | $43.3B | 13.3 | +4.6% | 16.4% | Strong |
| NVDA Nvidia Corp | $5.5T | 28.6 | +83.4% | 63.7% | Mixed |
| AAPL Apple Inc. | $4.9T | 38.1 | +14.2% | 27.6% | Strong |
| GOOGL Alphabet Inc. | $4.3T | 17.6 | +20.1% | 54.8% | Mixed |
| MSFT Microsoft Corp | $4.0T | 29.7 | +17.8% | 40.3% | Strong |
| SPCX Space Exploration Technologies Corp. | $2.1T | — | +33.2% | -34.0% | Strained |
| META Meta Platforms, Inc. | $1.8T | 26.9 | +27.7% | 29.8% | Mixed |
Head-to-head: INFY vs NVDA · INFY vs AAPL · INFY vs GOOGL
References
What covering analysts publish about the company — information only, not a recommendation.
Appendix · Financial records
The full statements behind this CV, FY2022–FY2026. For readers who want to check the numbers.
Live data and quarterly detail: stockcv.com/INFY
Want the live picture — intraday moves, valuation history and full analysis?
Deeper analysis of INFY on PreMarketPriceFigures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $10.70 · market cap $43.3B.