Valuation Infosys Limited

Equities

INFY

INE009A01021

IT Services & Consulting

Market Closed - NSE India S.E. Other stock markets 05:19:41 11/07/2025 pm IST			5-day change	1st Jan Change
1,594.90 ^INR	-1.29%		-2.79%	-15.16%

11/07	Asian Equities Traded in the US as American Depositary Receipts Edge Higher in Friday Trading; Flat for Week	MT
11/07	Infosys enters stipulation and consent order with Vermont DFR	RE

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	66,10,249	-	-
Change	-	37.67%	-26.68%	5.8%	4.92%	1.59%	-	-
Enterprise Value (EV) ¹	55,83,377	78,19,337	57,39,576	60,53,495	62,61,941	61,74,271	61,28,855	60,76,070
Change	-	40.05%	-26.6%	5.47%	3.44%	-1.4%	-0.74%	-0.86%
P/E ratio	30.1x	36.4x	24.8x	23.7x	24.4x	23.5x	21.5x	20x
PBR	8.15x	10.6x	7.86x	7.05x	6.8x	6.4x	5.98x	5.75x
PEG	-	2.4x	2.53x	2.37x	14.71x	4.26x	2.33x	2.61x
Capitalization / Revenue	5.78x	6.57x	3.99x	4.04x	3.99x	3.88x	3.63x	3.38x
EV / Revenue	5.56x	6.43x	3.91x	3.94x	3.84x	3.62x	3.36x	3.11x
EV / EBITDA	20x	24.8x	16.3x	16.6x	16x	14.9x	13.7x	12.7x
EV / EBIT	22.7x	27.9x	18.6x	19.1x	18.2x	17.1x	15.7x	14.4x
EV / FCF	26.4x	32.7x	28.9x	25.1x	18.7x	22x	21.3x	19.2x
FCF Yield	3.78%	3.06%	3.47%	3.98%	5.34%	4.55%	4.69%	5.21%
Dividend per Share ²	27	31	34	38	43	52.1	57.63	66.62
Rate of return	1.97%	1.63%	2.38%	2.54%	2.74%	3.27%	3.61%	4.18%
EPS ²	45.52	52.41	57.54	63.29	64.34	67.89	74.16	79.84
Distribution rate	59.3%	59.1%	59.1%	60%	66.8%	76.7%	77.7%	83.5%
Net sales ¹	10,04,720	12,16,410	14,67,670	15,36,700	16,29,900	17,04,658	18,22,845	19,56,256
EBITDA ¹	2,78,890	3,14,910	3,51,300	3,64,250	3,92,360	4,13,053	4,46,467	4,78,329
EBIT ¹	2,46,220	2,80,150	3,09,050	3,17,470	3,44,240	3,61,644	3,91,359	4,21,002
Net income ¹	1,93,510	2,21,100	2,40,950	2,62,330	2,67,130	2,80,769	3,04,945	3,28,694
Net Debt ¹	-2,23,125	-1,74,720	-1,21,730	-1,47,860	-2,44,550	-4,35,978	-4,81,395	-5,34,179
Reference price ²	1,368.05	1,906.85	1,427.95	1,498.05	1,570.65	1,594.90	1,594.90	1,594.90
Nbr of stocks (in thousands)	42,44,364	41,92,284	41,04,700	41,39,618	41,42,547	41,44,617	-	-
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	23.49x	3.62x	14.95x	3.27%	7.7TCr
IBM	31.21x	4.48x	17.07x	2.38%	26TCr
ACCENTURE PLC	21.78x	2.49x	13.14x	2.07%	18TCr
TATA CONSULTANCY SERVICES LTD.	23.1x	4.32x	16.12x	3.69%	14TCr
AUTOMATIC DATA PROCESSING, INC.	30.34x	6.07x	20.89x	1.94%	12TCr
CROWDSTRIKE HOLDINGS, INC.	-803.79x	23.96x	93.83x	-.--%	12TCr
RELX PLC	35.02x	8.1x	20.34x	1.68%	9.85TCr
SNOWFLAKE INC.	-50.39x	14.82x	119.66x	-.--%	7.03TCr
HCL TECHNOLOGIES LIMITED	24.28x	3.33x	15.2x	3.72%	5.17TCr
FUJITSU LIMITED	15.46x	1.55x	10.91x	0.94%	3.84TCr
Average	-64.95x	7.27x	34.21x	1.97%	11.5TCr
Weighted average by Cap.	-63.93x	7.08x	30.85x	2.06%