Infosys Ltd.

NSE: INFY | BSE: 500209 | ISIN: INE009A01021 |Industry: IT Consulting & Software
|Expensive Rocket
Durability score
50 /100
Valuation score
19 /100
Momentum score
62.2 /100
Market Capitalizati...
326,346.3 Cr.
AVG Broker Target
826.1
PE TTM Price to Ear...
21.2
Infosys Ltd.    
23 May 2019
751.95
0.24%
buy
Dolat Capital
In the backdrop of an appreciating rupee and implementation of investments in sales, localization of workforce, and acquisitions to remain relevant, INFY's margins have declined in almost all its business segments. Although there was topline growth and materialization of the deal pipeline into several large deals, ramping up these deals have not proved marginaccretive, as seen historically. The company completed several large acquisitions and has put the unsuccessful deals of the past behind. The management has said strategic investments will continue in FY20. Attrition...
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27 May 2019  Like
Infosys Ltd. has an average target of 826.13 from 17 brokers.
Infosys Ltd.    
22 Apr 2019
751.95
0.24%
SMC online
double-digit constant currency growth helped by ramp-up of building in the recent quarters. Q4 quarterly run rate and now constitutes one third of total portfolio at 33.8%. In Q4, it won 13 large deals totaling about $1.6 billion. Three of these deals were in Financial Services, Manufacturing and Life Sciences, two in Hi Tech and one is in Retail and other segment. Geography wise seven were from America, five from Europe and one from India. Total large deal wins in FY2019 was about $6.3 billion, more than double of FY2018. The share of new...
Infosys Ltd. has an average target of 826.13 from 17 brokers.
Infosys Ltd.    
22 Apr 2019
751.95
0.24%
buy
Axis Direct
Strong deal pipeline aids higher revenue growth momentum; Key business verticals gaining momentum; Higher employee addition and lower attrition is an added advantage
Infosys Ltd. is trading above it's 200 day SMA of 710.99
Infosys Ltd.    
15 Apr 2019
751.95
0.24%
buy
KRChoksey
Revenue in constant currency terms grew 11.7% yoy to USD 3,060mn in Q4 FY19 (up 2.1% qoq) which was above our estimates of $3,031 mn. The revenue growth was supported by improvement in global IT spending environment across key verticals, especially Communications and Healthcare. Operating margin of 21.4% in Q4 FY19 was down 113 bps qoq (down 191 bps yoy) impacted by higher direct cost % of revenue. By Geography: North America remained strong with 3.7% qoq in revenue on CC basis while Europe business advanced 1.4% qoq. 4QFy19 revenue from India/rest of the world declined 9.1%/1.3% qoq, respectively. By Industry: BFSI remained under pressure with revenue on cc basis down 0.8% qoq while Retail declined 0.9% qoq. However, Communication vertical saw a robust growth of 16.6% qoq. By offering: Digital Revenues (33.8% of total business) registered a strong 9.7% qoq growth (+41% yoy) while the Core business was down 1.4%...
Infosys Ltd. is trading above it's 200 day SMA of 710.99
Infosys Ltd.    
15 Apr 2019
751.95
0.24%
buy
ICICI Securities Limited
Healthy deal wins, client addition key positive Infosys added one client in the US$50 million, two in the US$100 million and eight in the US$10 million client buckets, representing a healthy client mining and farming strategy. Further, the company's deal wins have also been healthy, up 2x to US$6.3 billion. Out of the overall deal pipeline, we believe US$ 3 billion would be net new deal wins, which can help Infosys to register double digit growth in FY20E. Further, digital growth has also been healthy (up 32.0% YoY, 31% of overall revenues). This gives us confidence...
Infosys Ltd. has an average target of 826.13 from 17 brokers.
Infosys Ltd.    
15 Apr 2019
751.95
0.24%
buy
Accumulate: Infosys Ltd.
IDBI Capital
Infosys' (INFO) Q4FY19 revenue of 2.1% QoQ in CC was in-line with our forecast. However, EBIT margin decline of ~115bps QoQ to 21.4% was a miss. This was offset by lower tax rate which boosted EPS of Rs9.4, +0.4%/+7% QoQ/YoY which was in-line with our forecast. Large deal TCV of US$1.57bn was higher than our forecast. INFO's FY20 revenue guidance of 7.5%-9.5% YoY in CC and EBIT margin guidance of 21%-23% is in-line with our forecast. While we maintain our FY20E revenue forecast, we now factor EBIT margin of 22.3% vs. 23.8% resulting in a 6.2% cut in EPS. We introduce FY21 financials and forecast revenue...
Infosys Ltd. is trading above it's 200 day SMA of 710.99
Infosys Ltd.    
15 Apr 2019
751.95
0.24%
Nirmal Bang Institutional
P/E Discount Reduction Trade With TCS Will Stall Near Term We believe the 7.5%-9.5% constant currency (CC) revenue growth guidance for FY20 (inclusive of inorganic elements) of Infosys looks a bit conservative with: (1) total large deal TCV in FY19 at >2x that of FY18 and new deal TCV at 3.4x and that too spread across multiple verticals. (2) Double-digit exit revenue growth (YoY) in 4QFY19. But 4QFY19 exit EBIT margin (21.4%), 70bps below our estimate of 22.1%, does open up possibility of it landing at bottom end of the guided range (21%-23%) for FY20 considering likely lack of support from INR depreciation (at 210bps in FY19) and with more monetary interventions required to curb the...
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Infosys Ltd. has an average target of 826.13 from 17 brokers.
Infosys Ltd.    
15 Apr 2019
751.95
0.24%

Infosys - 4QFY19 Result Update

buy
Reliance Securities
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Infosys Ltd. is trading above it's 200 day SMA of 710.99
Infosys Ltd.    
14 Apr 2019
751.95
0.24%
BOB Capital Markets Ltd.
Infosys's Mar'18 quarter performance was mixed bag with inline revenue, healthy deal wins and subpar operating margins. Combination of soft revenue growth guidance (of 7.5 to 9.5% YoY cc growth) with lower reset of EBIT margin range (to 21-23%) makes FY20 outlook subdued. Tight US talent market and elevated attrition will limit efforts to recoup profitability. We downgrade recommendation a notch to ADD (V/s BUY earlier) even as...
Infosys Ltd. has an average target of 826.13 from 17 brokers.
Infosys Ltd.    
14 Apr 2019
751.95
0.24%
Prabhudas Lilladhar
Infosys reported inline Q4FY19 revenue performance but sharp miss on Change in Estimates | Target | Reco margins due to large deal impact & investments on people. Management guided a lower than expected revenue growth for FY20E due to uncertain...
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Infosys Ltd. is trading above it's 200 day SMA of 710.99