NSE: INFY | BSE: 500209

Mid-range Performer

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1570.10 -10.40 (-0.66%)

8.7M NSE+BSE Volume

NSE 27 May, 2025 3:31 PM (IST)

652,253

Market Cap

Market Runner Up

0.9

Beta 1Year

Low volatility

Dividend

Infosys Ltd. has an upcoming dividend of ₹22.00 per share due on 30 May 2025 See details

Infosys Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for INFY, BSE:500209 Infosys Ltd.

Infosys Ltd.

15 Jan 2018

1570.10

-0.66%

Infosys Ltd

Hold: Infosys Ltd.

Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research US$ revenues grew 1% QoQ to $2,755 million, largely in line with our 1.2% growth and $2,761.4 million estimate. Constant currency revenues grew 0.8% QoQ vs. our estimate of 1.3% QoQ...

Infosys Ltd. is trading below its 100 day SMA of 1689.3

Infosys Ltd.

15 Jan 2018

1570.10

-0.66%

Result Review of Infosys

Accumulate: Infosys Ltd.

Target

IDBI Capital

Infosys's (INFO) Q3FY18 revenue growth of 1% QoQ in US$ was in-line with our forecast. Also, EBIT margin of 24.3%, +10bps QoQ, and recurring EPS of Rs16.2, flattish QoQ/YoY, met our forecast. As expected, INFO has maintained its FY18 revenue growth guidance of 5.5%-6.5%. It expects revenue growth to improve in FY19, in-line with our forecast. INFO's new...

Infosys Ltd. is trading above its 50 day SMA of 1530.4

Infosys Ltd.

15 Jan 2018

1570.10

-0.66%

Infosys

Buy: Infosys Ltd.

KRChoksey

Revenue in dollar terms stood at $2,755 Mn, up 1% qoq and 8% yoy. Dollar revenue was below our estimates of $2,770 Mn, primarily owing to furloughs, and shifting of deals to the later period. By Geography: Europe outperformed with a 6.2% qoq growth, followed by North America at 0.7% qoq growth. The growth in the US region remained subdued due to seasonal weakness. By Industry: Insurance led the pack with 7.3% qoq growth, followed by Energy & Utilities which grew 6.5% qoq. Growth in the Banking & Financial Service segment saw a decline of 1.6% largely due to reduction in budget allocation. By Services: Business Process Management (BPM) led the growth pack with a 5.0% qoq growth, followed by Application Maintenance at 2.3% qoq growth...

Infosys Ltd. is trading above its 50 day SMA of 1530.4

Infosys Ltd.

13 Jan 2018

1570.10

-0.66%

Infosys (3QFY18): Transition in progress. Maintain NEUTRAL

Neutral: Infosys Ltd.

Target

HDFC Securities

Maintain NEUTRAL with TP Rs 1,075, 14x FY20E (Dec-19E earlier). Infosys (INFY) replicated TCS 3Q revenue growth (+1% QoQ USD rev) and margin performance (+10bps QoQ), however commentary on BFSI and Retail & CPG verticals were divergent. INFYs revenue stood at USD 2,755mn, 0.8% QoQ CC supplemented by 1.6% volume growth and -90bps realisation decline. EBIT% came at 24.3%, +10bps QoQ (EBIT% 90bps below TCS), was supplemented by utilisation increase (highest-ever level), lower onsite-mix and other efficiencies (lower sub-contracting cost). Revenue from new products/services grew 6.4% QoQ (deceleration from 14.3% in 2Q) and digital stood at 25% of revenue.

Number of FII/FPI investors increased from 1758 to 1775 in Mar 2025 qtr.

Infosys Ltd.

12 Jan 2018

1570.10

-0.66%

Infosys: Good show on profitability

Buy: Infosys Ltd.

Target

Motilal Oswal

3QFY18 CC revenue growth of 0.8% QoQ was largely in line with our estimate of +1% QoQ. Led by higher furloughs, budget cuts and delayed ramp-ups, a 1.6% QoQ fall in BFS was in contrast to 2QFY18 commentary. However, a pick-up in the vertical starting next quarter, and expectations of a better CY18 v/s CY17 put worries to rest. EBIT margin of 24.3% (+10bp QoQ)exhibited stability, despite wage hikes for mid/senior management. Strong execution over last three quarters was driven by improved utilization, which at 85% is at its all-time high. With little juice left to squeeze out from this lever, INFO has moved its focus on improving onsite/offshore mix and roll ratios onsite, and fresher hiring onsite to support its cost structure. INFO still maintained guidance of 23-25% EBIT margin.

Infosys Ltd. has an average target of 1741.91 from 11 brokers.

Infosys Ltd.

12 Jan 2018

1570.10

-0.66%

Reported revenue is in line with expectation, led by 1.6% qoq volume growth. Improvement...

Sell: Infosys Ltd.

Recommendation Target

Emkay

Guidance has been retained both on revenue growth as well as profitability front. Management remains optimistic about outlook for CY18. Digital offerings are driving growth in structurally challenged BFSI/Retail verticals. for further gains in OPM is limited, owing to lack of headroom for improvement in levers such as utilization (now at 85%, net hiring soft YTD), delivery mix (demand to be more onsite centric) and SG&A; efficiency (expense flat in 9MFY18). We expect revenue/earnings growth CAGR of 6%/5% over FY18-20E and expect the stock to underperform given its soft growth metrics (9MFY18 TCV down 19%) and likely risk of...

Number of FII/FPI investors increased from 1758 to 1775 in Mar 2025 qtr.

Infosys Ltd.

12 Jan 2018

1570.10

-0.66%

Infosys

Buy: Infosys Ltd.

JM Financial

Infosys (INFO) reported a modest 0.8% QoQ constant currency (CC) revenue growth in 3QFY18 with stable operative metrics. Management commentary on the outlook was optimistic even though the -0.6%-3.1% band for the implied 4QFY18 USD revenue growth guidance, widest in at-least the last 3 years, suggest a caution from any lag impact of the August 2017 events, in our view. Like TCS, INFO has done well on cost containment and while the common levers appear peaking, we expect margins to remain stable. The Our FY18/FY19 EPS estimates are broadly unchanged; the impact of lower other income (due to the recent buyback) has been largely offset by the reduced share-count + a lower effective...

Infosys Ltd. is trading below its 100 day SMA of 1689.3

Infosys Ltd.

09 Jan 2018

1570.10

-0.66%

Infosys: APA agreement with US to bring down tax rate

Buy: Infosys Ltd.

Target

Motilal Oswal

INFO will reverse tax provisions of ~USD225m that were made in the previous period and are no longer required. This is the P&L impact and will be seen in3QFY18 earnings, driving EPS higher by INR6.7 (10.4% on FY18E base). INFO is expected to pay out USD233m due to the differences in payable taxes for the prior period and actual taxes paid. This is the cash flow impact that will play out over the next few quarters (exact period not specified). INFO's overall effective tax rate is expected to decline by 100bp up till FY21 as a consequence of the agreement. This drives a marginal upgrade of 1.4% to our future earnings estimates

Infosys Ltd. is trading above its 50 day SMA of 1530.4

Infosys Ltd.

31 Dec 2017

1570.10

-0.66%

Infosys

Buy: Infosys Ltd.

Arihant Capital

Standalone attrition declined to 15.8% from 17.2% in Q2 18. Signing of the Advance Pricing Agreement (APA) with the US Internal Revenue Service: Infosys has concluded an Advance Pricing Agreement (APA) with the U.S. Internal Revenue Service (IRS). Under the APA, Infosys and the IRS have agreed on the methodology to allocate revenues and compute the taxable income of the Company's U.S. operations. This agreement covers financial years from 2011 to 2021. The APA will enhance predictability of Infosys' tax obligations in respect of its U.S....

Infosys Ltd. has an average target of 1741.91 from 11 brokers.

Is Infosys Ltd. worth buying?

4024 Votes:

Buy 76.17%

Sell 11.21%

Hold 12.62%

RESEARCH REPORTS

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Buy SEE REPORTS >

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