Valuation Infosys Limited

Equities

INFY

INE009A01021

IT Services & Consulting

Market Closed - NSE India S.E. Other stock markets 06:58:38 2026-03-06 am EST			5-day change	1st Jan Change
1,308.40 ^INR	+0.20%		+1.50%	-19.00%

01:54am	Foreign outflows from Indian IT stocks at 7-month high in February on AI shockwaves	RE
Mar. 05	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	5,806,503	7,994,057	5,861,306	6,201,355	6,506,491	5,294,319	-	-
Change	-	37.67%	-26.68%	5.8%	4.92%	-18.63%	-	-
Enterprise Value (EV) ¹	5,583,377	7,819,337	5,739,576	6,053,495	6,261,941	4,968,544	4,931,275	4,888,214
Change	-	40.05%	-26.6%	5.47%	3.44%	-20.65%	-0.75%	-0.87%
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	2.25x	1.78x	1.9x
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	49.64	58.38	63.18
Rate of return	1.97%	1.63%	2.38%	2.54%	2.74%	3.79%	4.46%	4.83%
EPS ²	45.52	52.41	57.54	63.29	64.34	69.71	76.43	82.78
Distribution rate	59.3%	59.1%	59.1%	60%	66.8%	71.2%	76.4%	76.3%
Net sales ¹	1,004,720	1,216,410	1,467,670	1,536,700	1,629,900	1,782,341	1,912,377	2,043,767
EBITDA ¹	278,890	314,910	351,300	364,250	392,360	419,126	458,119	491,937
EBIT ¹	246,220	280,150	309,050	317,470	344,240	371,603	405,682	435,119
Net income ¹	193,510	221,100	240,950	262,330	267,130	287,501	312,900	337,820
Net Debt ¹	-223,125	-174,720	-121,730	-147,860	-244,550	-325,774	-363,044	-406,104
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)	4,244,364	4,192,284	4,104,700	4,139,618	4,142,547	4,046,407	-	-
Announcement Date	4/14/21	4/13/22	4/13/23	4/18/24	4/17/25	-	-	-

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	18.73x	2.78x	11.83x	3.8%	57.54B
IBM	23.83x	3.97x	14.16x	2.63%	241B
ACCENTURE PLC	15.88x	1.7x	9.03x	3.01%	132B
TATA CONSULTANCY SERVICES LTD.	18.38x	3.38x	12.43x	4.68%	102B
AUTOMATIC DATA PROCESSING, INC.	20.29x	3.51x	12.03x	2.9%	89.67B
RELX PLC	20.68x	5.43x	13.36x	2.76%	62.7B
SNOWFLAKE INC.	-45.35x	12.49x	91.58x	-.--%	60.72B
HCL TECHNOLOGIES LIMITED	21.34x	2.66x	12.69x	4.17%	39.89B
FUJITSU LIMITED	14x	1.59x	11x	1.05%	38.52B
NEC CORPORATION	22.44x	1.53x	10.89x	0.77%	35.75B
Average	13.02x	3.90x	19.90x	2.58%	85.87B
Weighted average by Cap.	15.52x	3.86x	17.86x	2.79%