Infosys, a distinguished Indian multinational information technology enterprise renowned for its comprehensive business consulting, information technology, and outsourcing services, presents an alluring opportunity for discerning investors. Founded in Pune and headquartered in Bangalore, this esteemed company has emerged as the second-largest IT firm in India, following Tata Consultancy Services, exhibiting robust financial prowess as evident from its remarkable revenue figures in 2020.
Notably, on 24 August 2021, Infosys achieved a monumental milestone, becoming the fourth Indian entity to surpass an astounding market capitalization of US$100 billion. Standing among the esteemed ranks of Big Tech (India) companies, Infosys exudes unparalleled potential for discerning investors seeking a visionary enterprise with a global footprint and a track record of impressive growth.
Infosys recently lost a 1,5 billion USD deal. Will this cause a panic? Should you be worried going into 2024?
As of July 22nd, 2024, Infosys is trading at ₹1,811 with a market cap of ₹7,51,912 Crore.
Latest News about Infosys
Infosys, a prominent global IT consulting and services provider, recently announced its acquisition of In-Tech Holding GmbH, a leading engineering and research and development (ER&D) services provider based in Germany. This strategic move aims to bolster Infosys’ capabilities in the automotive ecosystem and enhance its presence across Europe. With the acquisition, Infosys seeks to strengthen its ER&D capabilities, particularly in automotive engineering, and expand its footprint in key European markets. This initiative aligns with Infosys’ commitment to driving innovation and delivering value-added solutions to clients globally, positioning the company for sustained growth and leadership in the dynamic technology landscape.
Infosys Q4 results: Net profit at Rs 7,969 crore, beats estimates
- Net Profit: Infosys surpassed market estimates by achieving a robust net profit of Rs 7,969 crore for Q4 FY24, showcasing strong growth momentum.
- Revenue: The company reported revenue of around Rs 37,923 crore for the quarter, reflecting a steady year-on-year increase.
- Dividend Declaration: In addition to its stellar financial performance, Infosys declared a final dividend of Rs 20 per equity share and a one-time dividend of Rs 8 per share, reaffirming its commitment to shareholder value.
- Acquisition: Infosys announced its acquisition of In-Tech Holding GmbH, a prominent engineering and R&D services provider, further strengthening its capabilities in this strategic domain.
- Outlook: Despite prevailing challenges in the IT sector, Infosys remains optimistic about its future prospects and is well-positioned to navigate uncertainties, leveraging its technological expertise and client-centric approach.
Below are the trading platforms that you can use to purchase Infosys:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
| When | Maximum Price | Minimum Price |
| July 2024 | 1,819.00 | 1,581.74 |
| August 2024 | 1,891.76 | 1,645.01 |
| September 2024 | 1,967.43 | 1,710.81 |
| October 2024 | 1,928.86 | 1,677.27 |
| November 2024 | 2,006.01 | 1,744.36 |
| December 2024 | 2,026.07 | 1,761.80 |
In 2024, Infosys share prices are expected to demonstrate a rising trend month by month. Starting in July, the maximum price is projected to reach ₹1,819.00, while the minimum price is anticipated to be ₹1,581.74. In August, Infosys shares are expected to rise further, with a maximum price of ₹1,891.76 and a minimum of ₹1,645.01. By September, the maximum price is forecasted to be ₹1,967.43, and the minimum is expected to be ₹1,710.81. In October, Infosys shares are projected to have a maximum of ₹1,928.86 and a minimum of ₹1,677.27. Moving into November, the prices are expected to peak at ₹2,006.01 with a minimum of ₹1,744.36. Finally, in December, Infosys shares are anticipated to reach a maximum of ₹2,026.07, while the minimum is projected to be ₹1,761.80.
| When | Maximum Price | Minimum Price |
| January 2025 | 2,046.33 | 1,574.10 |
| February 2025 | 2,067.00 | 1,590.00 |
| March 2025 | 2,110.41 | 1,623.39 |
| April 2025 | 2,089.51 | 1,607.32 |
| May 2025 | 2,028.66 | 1,560.50 |
| June 2025 | 2,119.94 | 1,630.73 |
| July 2025 | 2,078.38 | 1,598.75 |
| August 2025 | 2,142.66 | 1,648.20 |
| September 2025 | 2,168.37 | 1,667.98 |
| October 2025 | 2,224.75 | 1,711.34 |
| November 2025 | 2,280.36 | 1,754.13 |
| December 2025 | 2,382.98 | 1,833.06 |
In 2025, Infosys is projected to have monthly price fluctuations. In January, the maximum price is expected to be ₹2,046.33 and the minimum ₹1,574.10. By December, the maximum could reach ₹2,382.98 and the minimum ₹1,833.06.
| When | Maximum Price | Minimum Price |
| January 2026 | 2,454.47 | 1,888.05 |
| February 2026 | 2,393.11 | 1,840.85 |
| March 2026 | 2,440.97 | 1,877.67 |
| April 2026 | 2,490.79 | 1,915.99 |
| May 2026 | 2,466.13 | 1,897.02 |
| June 2026 | 2,527.78 | 1,944.45 |
| July 2026 | 2,478.21 | 1,906.32 |
| August 2026 | 2,554.86 | 1,965.28 |
| September 2026 | 2,605.96 | 2,004.58 |
| October 2026 | 2,673.71 | 2,056.70 |
| November 2026 | 2,740.56 | 2,108.12 |
| December 2026 | 2,809.07 | 2,160.82 |
| When | Maximum Price | Minimum Price |
| January 2027 | 2,837.16 | 2,182.43 |
| February 2027 | 2,909.91 | 2,238.39 |
| March 2027 | 3,023.39 | 2,325.69 |
| April 2027 | 2,964.11 | 2,280.09 |
| May 2027 | 2,877.78 | 2,213.68 |
| June 2027 | 3,007.28 | 2,313.29 |
| July 2027 | 2,948.31 | 2,267.93 |
| August 2027 | 3,039.50 | 2,338.07 |
| September 2027 | 3,145.88 | 2,419.91 |
| October 2027 | 3,227.67 | 2,482.82 |
| November 2027 | 3,308.36 | 2,544.90 |
| December 2027 | 3,391.07 | 2,608.52 |
| When | Maximum Price | Minimum Price |
| January 2028 | 3,458.89 | 2,660.69 |
| February 2028 | 3,547.58 | 2,728.91 |
| March 2028 | 3,685.94 | 2,835.34 |
| April 2028 | 3,613.67 | 2,779.74 |
| May 2028 | 3,508.41 | 2,698.78 |
| June 2028 | 3,666.29 | 2,820.23 |
| July 2028 | 3,594.40 | 2,764.93 |
| August 2028 | 3,705.57 | 2,850.44 |
| September 2028 | 3,835.27 | 2,950.21 |
| October 2028 | 3,934.98 | 3,026.91 |
| November 2028 | 4,033.36 | 3,102.58 |
| December 2028 | 4,134.19 | 3,180.15 |
| When | Maximum Price | Minimum Price |
| January 2029 | 4,216.88 | 3,243.75 |
| February 2029 | 4,325.00 | 3,326.92 |
| March 2029 | 4,493.68 | 3,456.67 |
| April 2029 | 4,405.56 | 3,388.90 |
| May 2029 | 4,277.25 | 3,290.19 |
| June 2029 | 4,469.72 | 3,438.25 |
| July 2029 | 4,382.08 | 3,370.83 |
| August 2029 | 4,517.61 | 3,475.08 |
| September 2029 | 4,675.73 | 3,596.71 |
| October 2029 | 4,797.30 | 3,690.23 |
| November 2029 | 4,917.23 | 3,782.48 |
| December 2029 | 5,040.16 | 3,877.05 |
| When | Maximum Price | Minimum Price |
| January 2030 | 5,140.96 | 3,954.59 |
| February 2030 | 5,272.78 | 4,055.99 |
| March 2030 | 5,478.42 | 4,214.17 |
| April 2030 | 5,371.00 | 4,131.54 |
| May 2030 | 5,214.56 | 4,011.20 |
| June 2030 | 5,449.22 | 4,191.71 |
| July 2030 | 5,342.37 | 4,109.52 |
| August 2030 | 5,507.60 | 4,236.61 |
| September 2030 | 5,700.36 | 4,384.90 |
| October 2030 | 5,848.57 | 4,498.90 |
| November 2030 | 5,994.79 | 4,611.38 |
| December 2030 | 6,144.66 | 4,726.66 |
In 2030, Infosys is expected to see its monthly prices vary significantly. Starting in January, the maximum price will be ₹5,140.96 and the minimum ₹3,954.59. By December, the maximum could rise to ₹6,144.66, with the minimum at ₹4,726.66.
Infosys Financial Condition: Last 5 Years
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
| Sales + | 90,791 | 100,472 | 121,641 | 146,767 | 153,670 |
| Expenses + | 68,524 | 72,583 | 90,150 | 111,637 | 117,245 |
| Operating Profit | 22,267 | 27,889 | 31,491 | 35,130 | 36,425 |
| OPM % | 25% | 28% | 26% | 24% | 24% |
| Other Income + | 2,803 | 2,201 | 2,295 | 2,701 | 4,711 |
| Interest | 170 | 195 | 200 | 284 | 470 |
| Depreciation | 2,893 | 3,267 | 3,476 | 4,225 | 4,678 |
| Profit before tax | 22,007 | 26,628 | 30,110 | 33,322 | 35,988 |
| Tax % | 24.00% | 27.00% | 26.00% | 28.00% | 27.00% |
| Net Profit + | 16,639 | 19,423 | 22,146 | 24,108 | 26,248 |
| EPS in Rs | 38.96 | 45.42 | 52.56 | 58.08 | 63.2 |
| Dividend Payout % | 45% | 59% | 59% | 58% | 73% |
The financial performance of the company has shown steady growth over the past five years, with sales increasing from ₹90,791 crore in March 2020 to ₹153,670 crore in March 2024. Despite rising expenses, which climbed from ₹68,524 crore to ₹117,245 crore over the same period, the company has managed to maintain a healthy operating profit, reaching ₹36,425 crore by March 2024. Operational efficiency, as indicated by the operating profit margin (OPM %), has remained relatively stable around 24% over the years, showcasing the company’s ability to manage costs effectively. Additionally, other income has seen a significant increase from ₹2,803 crore to ₹4,711 crore, contributing to the overall profitability of the company. Moreover, the consistent growth in net profit, rising from ₹16,639 crore to ₹26,248 crore, and the corresponding increase in earnings per share (EPS) from ₹38.96 to ₹63.2, reflect the company’s strong financial performance and shareholder value creation. The dividend payout percentage has also witnessed an upward trend, indicating the company’s commitment to returning value to its shareholders. Overall, the financials demonstrate the company’s robust growth trajectory and sound financial management practices.
FAQS
As of 22nd July 2024, the current share price of Infosys is around ₹1,811.
The share price target for Infosys for 2030 is expected to range between ₹3,954.59 and ₹6,144.66, with the highest target price observed in December 2030.
What has been Infosys’ profit growth in the past 5 years?
Over the past five years, Infosys has demonstrated significant profit growth. From March 2020 to March 2024, the company’s net profit has increased steadily from ₹16,639 crore to ₹26,248 crore, representing a substantial growth of approximately 58.1%. This upward trend reflects Infosys’ strong financial performance and its ability to generate higher profits over the specified period.
Infosys’ share price target for 2025 indicates Infosys may be trading in the range of ₹1,560.50 and ₹2,382.98.
ALSO READ
In conclusion, Infosys continues to stand as a prominent player in the global IT consulting and services domain, offering compelling opportunities for discerning investors. With its recent milestone achievement of surpassing a market capitalization of US$100 billion, Infosys reaffirms its position as a leader in the industry. Despite facing challenges such as the loss of a significant deal, Infosys remains resilient, as evidenced by its stellar Q4 FY24 results, which surpassed market estimates with a robust net profit of ₹7,969 crore. Furthermore, the company’s strategic acquisition of In-Tech Holding GmbH underscores its commitment to innovation and expansion, positioning it for sustained growth in the dynamic technology landscape. As Infosys continues to navigate uncertainties and leverage its technological expertise, it presents a promising investment opportunity for those seeking exposure to a visionary enterprise with a track record of impressive growth and shareholder value creation.
What did we learn?
Twitter
