INFY
Infosys Limited
IT services and consulting for global enterprises — cloud, applications and AI-led modernisation
Information Technology›Information Technology›IT - Software›Computers - Software & Consulting
infosys.com(opens the company website in a new tab)Key metrics
Price as of 2026-10-16
Full years shown; sign in free for the trailing twelve months. Learn about these metrics →
Price & valuation
Share price and valuation multiples (P/E, P/B and more) over time.
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What you need to know
Infosys sells IT services and consulting to large global companies, covering software development, cloud, AI-led modernisation and business process management, alongside its own software products such as Finacle (core banking).
Company snapshot
2ndBy market cap
Ranked among 50 companies in Computers - Software & Consulting.
Segment mix
Reportable segments as of 2024-09-30 (Consolidated). Revenue share = segment revenue ÷ total revenue.
Largest segment: 27.4% of revenue
| Segment | Revenue share | Revenue | PBT | Assets |
|---|---|---|---|---|
| All other segments (5) | 3.2% | 2,581 Cr | 439 Cr | — |
| Communication (3) | 12.0% | 9,622 Cr | 1,688 Cr | — |
| Energy, Utilities, Resources and Services | 13.4% | 10,767 Cr | 2,992 Cr | — |
| Financial Services (1) | 27.4% | 21,971 Cr | 5,472 Cr | — |
| Hi-Tech | 8.0% | 6,414 Cr | 1,608 Cr | — |
| Life Sciences (4) | 7.3% | 5,871 Cr | 1,226 Cr | — |
| Manufacturing | 15.2% | 12,201 Cr | 2,303 Cr | — |
| Retail (2) | 13.5% | 10,873 Cr | 3,519 Cr | — |
What we see
- ✓Net margin of 16.5% — the business keeps a healthy share of every rupee it earns.
Statement tables · Consolidated
Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.
Amounts in ₹ Cr · tap + to expand rows
Quarterly results
Quarterly · ₹ Cr · tap + rows to expand
| Metric | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 38,994 Cr | 38,821 Cr | 37,923 Cr | 39,315 Cr | 40,986 Cr | 41,764 Cr | 40,925 Cr | 42,279 Cr | 44,490 Cr | 45,479 Cr | 46,402 Cr | 48,211 Cr |
| Operating expenses (approx.) | 29,554 Cr | 29,684 Cr | 29,139 Cr | 29,878 Cr | 31,177 Cr | 31,649 Cr | 31,051 Cr | 32,336 Cr | 33,955 Cr | 34,845 Cr | 35,235 Cr | 36,802 Cr |
| EBITDA | 9,440 Cr | 9,137 Cr | 8,784 Cr | 9,437 Cr | 9,809 Cr | 10,115 Cr | 9,874 Cr | 9,943 Cr | 10,535 Cr | 10,634 Cr | 11,167 Cr | 11,409 Cr |
| OPM % | 24.2% | 23.5% | 23.2% | 24.0% | 23.9% | 24.2% | 24.1% | 23.5% | 23.7% | 23.4% | 24.1% | 23.7% |
| Other income | 632 Cr | 789 Cr | 2,729 Cr | 838 Cr | 712 Cr | 859 Cr | 1,190 Cr | 1,042 Cr | 982 Cr | 1,139 Cr | 1,159 Cr | 984 Cr |
| Interest | 138 Cr | 131 Cr | 110 Cr | 105 Cr | 108 Cr | 101 Cr | 102 Cr | 105 Cr | 106 Cr | 100 Cr | 105 Cr | 119 Cr |
| Depreciation | 1,166 Cr | 1,176 Cr | 1,163 Cr | 1,149 Cr | 1,160 Cr | 1,203 Cr | 1,299 Cr | 1,140 Cr | 1,182 Cr | 1,155 Cr | 1,424 Cr | 1,246 Cr |
| Profit before tax | 8,768 Cr | 8,619 Cr | 10,240 Cr | 9,021 Cr | 9,253 Cr | 9,670 Cr | 9,663 Cr | 9,740 Cr | 10,229 Cr | 9,229 Cr | 10,797 Cr | 11,028 Cr |
| Tax % | 29.1% | 29.1% | 22.1% | 29.3% | 29.6% | 29.5% | 27.2% | 28.9% | 27.9% | 27.8% | 21.2% | 29.5% |
| Net profit | 6,215 Cr | 6,113 Cr | 7,975 Cr | 6,374 Cr | 6,516 Cr | 6,822 Cr | 7,038 Cr | 6,924 Cr | 7,375 Cr | 6,666 Cr | 8,509 Cr | 7,775 Cr |
| EPS (₹) | ₹15.01 | ₹14.76 | ₹19.25 | ₹15.38 | ₹15.71 | ₹16.43 | ₹16.98 | ₹16.70 | ₹17.76 | ₹16.17 | ₹21.01 | ₹19.19 |
Profit & loss (annual)
Annual · last column is TTM · ₹ Cr · tap + to expand
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 68,484 Cr | 70,522 Cr | 82,675 Cr | 90,791 Cr | 1,00,472 Cr | 1,21,641 Cr | 1,46,767 Cr | 1,53,670 Cr | 1,62,990 Cr | 1,78,650 Cr | Sign in free for the trailing twelve months |
| Operating expenses (approx.) | 49,910 Cr | 51,582 Cr | 62,505 Cr | 68,524 Cr | 72,583 Cr | 90,150 Cr | 1,11,637 Cr | 1,17,245 Cr | 1,23,754 Cr | 1,36,370 Cr | Sign in free for the trailing twelve months |
| EBITDA | 18,574 Cr | 18,940 Cr | 20,170 Cr | 22,267 Cr | 27,889 Cr | 31,491 Cr | 35,130 Cr | 36,425 Cr | 39,236 Cr | 42,280 Cr | Sign in free for the trailing twelve months |
| OPM % | 27.1% | 26.9% | 24.4% | 24.5% | 27.8% | 25.9% | 23.9% | 23.7% | 24.1% | 23.7% | Sign in free for the trailing twelve months |
| Other income | 3,080 Cr | 3,193 Cr | 2,882 Cr | 2,803 Cr | 2,201 Cr | 2,295 Cr | 2,701 Cr | 4,711 Cr | 3,600 Cr | 4,322 Cr | Sign in free for the trailing twelve months |
| Interest | — | — | 0 Cr | 170 Cr | 195 Cr | 200 Cr | 284 Cr | 470 Cr | 416 Cr | 416 Cr | Sign in free for the trailing twelve months |
| Depreciation | 1,703 Cr | 1,863 Cr | 2,011 Cr | 2,893 Cr | 3,267 Cr | 3,476 Cr | 4,225 Cr | 4,678 Cr | 4,812 Cr | 4,902 Cr | Sign in free for the trailing twelve months |
| Profit before tax | 19,951 Cr | 20,270 Cr | 21,041 Cr | 22,007 Cr | 26,628 Cr | 30,110 Cr | 33,322 Cr | 35,988 Cr | 37,608 Cr | 39,995 Cr | Sign in free for the trailing twelve months |
| Tax % | 28.1% | 20.9% | 26.8% | 24.4% | 27.1% | 26.4% | 27.7% | 27.1% | 28.9% | 26.3% | Sign in free for the trailing twelve months |
| Net profit | 14,353 Cr | 16,029 Cr | 15,410 Cr | 16,639 Cr | 19,423 Cr | 22,146 Cr | 24,108 Cr | 26,248 Cr | 26,750 Cr | 29,474 Cr | Sign in free for the trailing twelve months |
| EPS (₹) | ₹62.80 | ₹71.07 | ₹35.44 | ₹38.97 | ₹45.61 | ₹52.52 | ₹57.63 | ₹63.39 | ₹64.50 | ₹71.58 | Sign in free for the trailing twelve months |
| Dividend payout % | — | — | — | — | 47.0% | 57.5% | 56.6% | 56.1% | 75.8% | 63.3% | Sign in free for the trailing twelve months |
The latest four quarters added up, next to each full year
Balance sheet
Annual · ₹ Cr · tap + rows to expand
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 1,144 Cr | 1,088 Cr | 2,170 Cr | 2,122 Cr | 2,124 Cr | 2,098 Cr | 2,069 Cr | 2,071 Cr | 2,073 Cr | 2,024 Cr |
| Reserves | 67,838 Cr | 63,835 Cr | 62,778 Cr | 63,328 Cr | 74,227 Cr | 73,252 Cr | 73,338 Cr | 86,045 Cr | 93,745 Cr | 90,828 Cr |
| Borrowings | — | — | — | — | — | — | — | — | — | — |
| Other liabilities | 14,373 Cr | 14,966 Cr | 19,732 Cr | 26,924 Cr | 31,604 Cr | 42,149 Cr | 50,021 Cr | 49,353 Cr | 52,700 Cr | 62,670 Cr |
| Total liabilities | 83,355 Cr | 79,890 Cr | 84,738 Cr | 92,768 Cr | 1,08,386 Cr | 1,17,885 Cr | 1,25,816 Cr | 1,37,814 Cr | 1,48,903 Cr | 1,55,967 Cr |
| Fixed assets (net) | 9,751 Cr | 10,116 Cr | 11,479 Cr | 12,435 Cr | 17,354 Cr | 17,898 Cr | 20,228 Cr | 18,922 Cr | 18,089 Cr | 18,828 Cr |
| CWIP | 1,365 Cr | 1,606 Cr | 1,388 Cr | 954 Cr | 922 Cr | 416 Cr | 288 Cr | 293 Cr | 814 Cr | 526 Cr |
| Investments | 16,423 Cr | 12,163 Cr | 11,261 Cr | 8,792 Cr | 14,205 Cr | 20,324 Cr | 19,478 Cr | 12,915 Cr | 23,541 Cr | 21,880 Cr |
| Loans & advances | — | — | 241 Cr | 239 Cr | 159 Cr | 248 Cr | 289 Cr | 248 Cr | 249 Cr | 234 Cr |
| Trade receivables | 12,322 Cr | 13,142 Cr | 14,827 Cr | 18,487 Cr | 19,294 Cr | 22,698 Cr | 25,424 Cr | 30,193 Cr | 31,158 Cr | 35,234 Cr |
| Cash & bank | 22,625 Cr | 19,818 Cr | 19,568 Cr | 18,649 Cr | 24,714 Cr | 17,472 Cr | 12,173 Cr | 14,786 Cr | 24,455 Cr | 22,201 Cr |
| Other assets | 20,869 Cr | 23,045 Cr | 25,974 Cr | 33,212 Cr | 31,738 Cr | 38,829 Cr | 47,936 Cr | 60,457 Cr | 50,597 Cr | 57,064 Cr |
| Total assets | 83,355 Cr | 79,890 Cr | 84,738 Cr | 92,768 Cr | 1,08,386 Cr | 1,17,885 Cr | 1,25,816 Cr | 1,37,814 Cr | 1,48,903 Cr | 1,55,967 Cr |
Cash flows
Annual · ₹ Cr · tap + rows to expand · last column includes FCF
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 11,531 Cr | 13,218 Cr | 14,841 Cr | 17,003 Cr | 23,224 Cr | 23,885 Cr | 22,467 Cr | 25,210 Cr | 35,694 Cr | 33,986 Cr |
| Cash from investing | -14,542 Cr | 4,452 Cr | -575 Cr | -239 Cr | -7,456 Cr | -6,416 Cr | -1,209 Cr | -5,009 Cr | -1,946 Cr | 1,946 Cr |
| Cash from financing | -6,939 Cr | -20,505 Cr | -14,512 Cr | -17,591 Cr | -9,786 Cr | -24,642 Cr | -26,695 Cr | -17,504 Cr | -24,161 Cr | -39,786 Cr |
| Net cash flow | -9,950 Cr | -2,835 Cr | -246 Cr | -827 Cr | 6,065 Cr | -7,242 Cr | -5,299 Cr | 2,613 Cr | 9,669 Cr | -2,254 Cr |
| Free cash flow (OCF − Capex) | 8,771 Cr | 11,220 Cr | 12,396 Cr | 13,696 Cr | 21,117 Cr | 21,724 Cr | 19,888 Cr | 23,009 Cr | 33,457 Cr | 31,259 Cr |
Ratios
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % | 28.9% | 31.2% | 32.4% | 33.7% | 34.9% | 40.0% | 44.3% | 41.2% | 39.5% | 43.3% |
| ROE % | 20.8% | 24.7% | 23.7% | 25.2% | 25.2% | 29.2% | 31.8% | 29.7% | 27.8% | 31.6% |
| Debtor days | 65 | 68 | 65 | 74 | 70 | 68 | 63 | 72 | 70 | 72 |
| Inventory days | — | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days payable | 2 | 4 | 7 | 11 | 10 | 12 | 10 | 9 | 9 | 10 |
| Cash conversion cycle | 64 | 64 | 58 | 63 | 60 | 56 | 53 | 62 | 60 | 62 |
| OCF / EBITDA % | 62.1% | 69.8% | 73.6% | 76.4% | 83.3% | 75.8% | 64.0% | 69.2% | 91.0% | 80.4% |
| OCF / EBITDA % (3 years) | — | — | 68.6% | 73.4% | 78.3% | 78.5% | 73.6% | 69.4% | 75.3% | 80.5% |
| Debt / equity | — | — | 0.00 | — | 0.00 | — | — | — | — | — |
| Current ratio | 3.83 | 3.55 | 2.84 | 2.62 | 2.54 | 2.00 | 1.81 | 2.31 | 2.27 | 1.98 |
| Net debt / EBITDA | -1.22 | -1.05 | -0.97 | -0.84 | -0.89 | -0.55 | -0.35 | -0.41 | -0.62 | -0.53 |