Valuation Infosys Limited

Equities

INFY

INE009A01021

IT Services & Consulting

Market Closed - NSE India S.E. Other stock markets 05:28:38 06/03/2026 pm IST			5-day change	1st Jan Change
1,308.40 ^INR	+0.20%		+0.64%	-19.00%

06/03	Foreign outflows from Indian IT stocks at 7-month high in February on AI shockwaves	RE
05/03	Asian Equities Traded in the US as American Depositary Receipts Fall Sharply in Thursday Trading	MT

Company Valuation: Infosys Limited

Data adjusted to current consolidation scope

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	58,06,503	79,94,057	58,61,306	62,01,355	65,06,491	52,94,319	-	-
Change	-	37.67%	-26.68%	5.8%	4.92%	-18.63%	-	-
Enterprise Value (EV) ¹	55,83,377	78,19,337	57,39,576	60,53,495	62,61,941	49,68,544	49,31,275	48,87,604
Change	-	40.05%	-26.6%	5.47%	3.44%	-20.65%	-0.75%	-0.89%
P/E ratio	30.1x	36.4x	24.8x	23.7x	24.4x	18.8x	17.1x	15.8x
PBR	8.15x	10.6x	7.86x	7.05x	6.8x	5.99x	5.53x	5.2x
PEG	-	2.4x	2.53x	2.37x	14.71x	2.26x	1.77x	1.91x
Capitalization / Revenue	5.78x	6.57x	3.99x	4.04x	3.99x	2.97x	2.77x	2.59x
EV / Revenue	5.56x	6.43x	3.91x	3.94x	3.84x	2.79x	2.58x	2.39x
EV / EBITDA	20x	24.8x	16.3x	16.6x	16x	11.9x	10.8x	9.94x
EV / EBIT	22.7x	27.9x	18.6x	19.1x	18.2x	13.4x	12.2x	11.2x
EV / FCF	26.4x	32.7x	28.9x	25.1x	18.7x	16.9x	16.7x	15.2x
FCF Yield	3.78%	3.06%	3.47%	3.98%	5.34%	5.92%	6%	6.56%
Dividend per Share ²	27	31	34	38	43	49.57	58.17	62.91
Rate of return	1.97%	1.63%	2.38%	2.54%	2.74%	3.79%	4.45%	4.81%
EPS ²	45.52	52.41	57.54	63.29	64.34	69.68	76.42	82.75
Distribution rate	59.3%	59.1%	59.1%	60%	66.8%	71.1%	76.1%	76%
Net sales ¹	10,04,720	12,16,410	14,67,670	15,36,700	16,29,900	17,82,427	19,12,467	20,43,782
EBITDA ¹	2,78,890	3,14,910	3,51,300	3,64,250	3,92,360	4,19,151	4,58,145	4,91,939
EBIT ¹	2,46,220	2,80,150	3,09,050	3,17,470	3,44,240	3,71,621	4,05,704	4,35,119
Net income ¹	1,93,510	2,21,100	2,40,950	2,62,330	2,67,130	2,87,501	3,12,900	3,37,820
Net Debt ¹	-2,23,125	-1,74,720	-1,21,730	-1,47,860	-2,44,550	-3,25,774	-3,63,044	-4,06,715
Reference price ²	1,368.05	1,906.85	1,427.95	1,498.05	1,570.65	1,308.40	1,308.40	1,308.40
Nbr of stocks (in thousands)	42,44,364	41,92,284	41,04,700	41,39,618	41,42,547	40,46,407	-	-
Announcement Date	14/04/21	13/04/22	13/04/23	18/04/24	17/04/25	-	-	-

¹INR in Million²INR

Estimates

P/E ratio, Detailed evolution

Sector Comparison:

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
INFOSYS LIMITED	18.77x	2.79x	11.85x	3.79%	5.76TCr
IBM	24.04x	4x	14.26x	2.61%	24TCr
ACCENTURE PLC	15.95x	1.71x	9.08x	3%	13TCr
TATA CONSULTANCY SERVICES LTD.	18.23x	3.35x	12.32x	4.72%	10TCr
AUTOMATIC DATA PROCESSING, INC.	20.61x	3.58x	12.26x	2.86%	9.11TCr
RELX PLC	20.82x	5.46x	13.43x	2.75%	6.35TCr
SNOWFLAKE INC.	-46.12x	12.72x	93.21x	-.--%	6.18TCr
FUJITSU LIMITED	14.75x	1.68x	11.64x	1%	4.06TCr
HCL TECHNOLOGIES LIMITED	21.38x	2.66x	12.71x	4.16%	3.99TCr
NEC CORPORATION	23.62x	1.62x	11.48x	0.73%	3.77TCr
Average	13.20x	3.95x	20.22x	2.56%	8.68TCr
Weighted average by Cap.	15.62x	3.90x	18.12x	2.76%