Infosys Ltd
Infosys Limited provides consulting, technology, outsourcing, and digital services worldwide. It provides digital marketing and digital workplace, digital commerce, digital experience and interactions, and metaverse; data analytics and AI, applied AI, generative AI, and sustainability; blockchain, engineering, and Internet of Things; enterprise agile DevOps, API economy and microservices, application modernization, cloud, digital process automation, digital supply chain, Microsoft business application and cloud business, service experience transformation, energy transition, Network Transformation Services, Infrastructure Services cyber security, and quality engineering solutions; Oracle, SAP, and Saleforce solutions; Topaz, an AI-first set of services, solutions, and platforms using generative AI technologies; and Aster, a set of AI-amplified marketing services, solutions, and platforms. The company also offers Finacle, a core banking solution; Edge suite of products; Panaya platform, Infosys Equinox, Infosys Live Enterprise Suite, Infosys Wingspan, Infosys Helix, Infosys Meridian, Infosys Polycloud, Infosys Cortex, and Stater digital platforms; and Infosys McCamish, an insurance platform. It serves aerospace and defense, agriculture, automotive, chemical manufacturing, communication, consumer packaged goods, education, engineering procurement and construction, financial, healthcare, high technology, industrial manufacturing, information services and publishing, insurance, life science, logistics and distribution, media, entertainment, mining, oil and gas, private equity, professional, public, retail, semiconductor, travel, hospitality, utilities, and waste management industries. It has a strategic collaboration with Anthropic PBC, Intel, and Harness Inc. The company was formerly known as Infosys Technologies Limited and changed its name to Infosys Limited in June 2011. Infosys Limited was incorporated in 1981 and is headquartered in Bengaluru, India.
Valuation
Profitability
Returns
Solvency
AI Summary
Indian StockRule-based from financial data. Not advice.
Historically, Jul has averaged the highest return (+7.2%); Apr the lowest (-3.7%).
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +1.5%Neutral MonthJan 2026: +1.48% | -20.8%Negative MonthFeb 2026: -20.76% | -3.8%Negative MonthMar 2026: -3.75% | -5.6%Negative MonthApr 2026: -5.57% | -1.8%Neutral MonthMay 2026: -1.84% | -13.7%Negative MonthJun 2026: -13.72% | +12.9%Positive MonthJul 2026: +12.93% | -0.8%*Neutral MonthAug 2026: -0.81% | β | β | β | β |
| 2025 | -0.0%Neutral MonthJan 2025: -0.03% | -10.2%Negative MonthFeb 2025: -10.21% | -7.0%Negative MonthMar 2025: -6.97% | -4.6%Negative MonthApr 2025: -4.55% | +4.3%Positive MonthMay 2025: +4.26% | +2.5%Positive MonthJun 2025: +2.46% | -5.8%Negative MonthJul 2025: -5.79% | -2.6%Negative MonthAug 2025: -2.60% | -1.9%Neutral MonthSep 2025: -1.86% | +2.8%Positive MonthOct 2025: +2.81% | +5.2%Positive MonthNov 2025: +5.21% | +3.6%Positive MonthDec 2025: +3.64% |
| 2024 | +7.7%Positive MonthJan 2024: +7.73% | +0.8%Neutral MonthFeb 2024: +0.78% | -10.5%Negative MonthMar 2024: -10.52% | -5.2%Negative MonthApr 2024: -5.18% | -1.0%Neutral MonthMay 2024: -1.04% | +11.4%Positive MonthJun 2024: +11.43% | +19.2%Positive MonthJul 2024: +19.22% | +4.0%Positive MonthAug 2024: +4.03% | -3.5%Negative MonthSep 2024: -3.46% | -6.3%Negative MonthOct 2024: -6.34% | +5.8%Positive MonthNov 2024: +5.77% | +1.2%Neutral MonthDec 2024: +1.20% |
| 2023 | +1.6%Neutral MonthJan 2023: +1.62% | -3.0%Negative MonthFeb 2023: -2.99% | -4.0%Negative MonthMar 2023: -4.01% | -12.3%Negative MonthApr 2023: -12.27% | +5.6%Positive MonthMay 2023: +5.55% | +1.0%Neutral MonthJun 2023: +0.99% | +1.5%Neutral MonthJul 2023: +1.49% | +5.8%Positive MonthAug 2023: +5.83% | +0.1%Neutral MonthSep 2023: +0.07% | -4.6%Negative MonthOct 2023: -4.63% | +6.3%Positive MonthNov 2023: +6.33% | +6.0%Positive MonthDec 2023: +6.02% |
| 2022 | -8.1%Negative MonthJan 2022: -8.09% | -1.1%Neutral MonthFeb 2022: -1.12% | +11.1%Positive MonthMar 2022: +11.06% | -17.8%Negative MonthApr 2022: -17.79% | -4.1%Negative MonthMay 2022: -4.08% | -2.8%Negative MonthJun 2022: -2.84% | +6.0%Positive MonthJul 2022: +6.05% | -3.6%Negative MonthAug 2022: -3.64% | -5.4%Negative MonthSep 2022: -5.36% | +8.8%Positive MonthOct 2022: +8.83% | +6.1%Positive MonthNov 2022: +6.14% | -7.6%Negative MonthDec 2022: -7.58% |
| 2021 | -1.3%Neutral MonthJan 2021: -1.33% | +1.2%Neutral MonthFeb 2021: +1.15% | +9.2%Positive MonthMar 2021: +9.16% | -1.0%Neutral MonthApr 2021: -1.00% | +2.9%Positive MonthMay 2021: +2.91% | +13.5%Positive MonthJun 2021: +13.45% | +1.8%Neutral MonthJul 2021: +1.83% | +5.8%Positive MonthAug 2021: +5.83% | -1.7%Neutral MonthSep 2021: -1.69% | -0.4%Neutral MonthOct 2021: -0.41% | +2.7%Positive MonthNov 2021: +2.75% | +10.2%Positive MonthDec 2021: +10.22% |
| 2020 | +6.1%Positive MonthJan 2020: +6.13% | -5.7%Negative MonthFeb 2020: -5.70% | -12.3%Negative MonthMar 2020: -12.33% | +11.5%Positive MonthApr 2020: +11.54% | -3.4%Negative MonthMay 2020: -3.42% | +6.5%Positive MonthJun 2020: +6.51% | +31.3%Positive MonthJul 2020: +31.26% | -3.9%Negative MonthAug 2020: -3.87% | +8.6%Positive MonthSep 2020: +8.58% | +5.2%Positive MonthOct 2020: +5.19% | +3.7%Positive MonthNov 2020: +3.71% | +14.2%Positive MonthDec 2020: +14.16% |
| 2019 | +13.7%Positive MonthJan 2019: +13.75% | -2.0%Negative MonthFeb 2019: -2.03% | +0.5%Neutral MonthMar 2019: +0.48% | +1.8%Neutral MonthApr 2019: +1.84% | -1.8%Neutral MonthMay 2019: -1.81% | -0.8%Neutral MonthJun 2019: -0.78% | +8.4%Positive MonthJul 2019: +8.42% | +2.7%Positive MonthAug 2019: +2.68% | -1.1%Neutral MonthSep 2019: -1.14% | -14.9%Negative MonthOct 2019: -14.90% | +1.6%Neutral MonthNov 2019: +1.57% | +5.0%Positive MonthDec 2019: +5.00% |
| 2018 | +10.4%Positive MonthJan 2018: +10.38% | +1.9%Neutral MonthFeb 2018: +1.94% | -3.5%Negative MonthMar 2018: -3.48% | +6.0%Positive MonthApr 2018: +5.98% | +2.7%Positive MonthMay 2018: +2.69% | +6.1%Positive MonthJun 2018: +6.12% | +4.4%Positive MonthJul 2018: +4.43% | +5.6%Positive MonthAug 2018: +5.57% | +1.3%Neutral MonthSep 2018: +1.32% | -6.0%Negative MonthOct 2018: -5.98% | -2.8%Negative MonthNov 2018: -2.76% | -1.3%Neutral MonthDec 2018: -1.27% |
| 2017 | -8.1%Negative MonthJan 2017: -8.11% | +9.0%Positive MonthFeb 2017: +9.02% | +1.0%Neutral MonthMar 2017: +0.97% | -10.1%Negative MonthApr 2017: -10.11% | +6.3%Positive MonthMay 2017: +6.32% | -4.2%Negative MonthJun 2017: -4.25% | +8.1%Positive MonthJul 2017: +8.09% | -9.5%Negative MonthAug 2017: -9.52% | -1.6%Neutral MonthSep 2017: -1.64% | +2.4%Positive MonthOct 2017: +2.44% | +5.9%Positive MonthNov 2017: +5.88% | +6.8%Positive MonthDec 2017: +6.76% |
| 2016 | β | β | β | β | +3.4%Positive MonthMay 2016: +3.36% | -6.2%Negative MonthJun 2016: -6.23% | -8.3%Negative MonthJul 2016: -8.28% | -3.5%Negative MonthAug 2016: -3.54% | +0.0%Neutral MonthSep 2016: +0.02% | -3.7%Negative MonthOct 2016: -3.72% | -2.2%Negative MonthNov 2016: -2.20% | +3.6%Positive MonthDec 2016: +3.59% |
| AvgΒ±SD |
Each cell is the percentage change in closing price from the end of the prior month to the end of this month. The bottom row shows the average return for that calendar month across the selected years, plus or minus one standard deviation β the range that historically contained roughly two-thirds of outcomes. Past monthly patterns are not a forecast of future returns.
This aggregates every month by calendar position β all Januaries together, all Februaries together, and so on β to show whether a given month has leaned positive or negative historically. βSimpleβ counts each month as +1 or β1. βWeightedβ gives larger moves more influence: +2 above +10%, β2 below β10%. With only 11 years of history for this asset, each monthβs score reflects a small number of observations β read it as a historical tendency, not a reliable seasonal pattern.
This tracks a running tally across the assetβs full price history: each month adds or subtracts based on whether it was positive or negative. A rising line means more positive months than negative so far; a flattening or falling line means recent months have leaned negative. This measures historical month-to-month consistency, not expected future performance.
Year-to-date return is calculated by dividing each dayβs closing price by the price on January 1st of that year (or the assetβs first available price if it began trading mid-year). The custom average line shows the mean YTD return at each calendar day across the selected years. The standard deviation band shows the range within which returns have historically fallen β at 1 SD, roughly two-thirds of years; at 2 SD, roughly 95%. Past year-to-date patterns do not predict future returns. The average and standard deviation band are computed from the year set chosen in βAverage fromβ, which is independent of which year lines are displayed. The current in-progress year is excluded from these calculations, since a partial year is not comparable to complete ones. Election-cycle groupings follow the US presidential calendar and are offered only for US and crypto assets.
Historical Performance
Revenue, profitability, and cash flow trends (βΉ Crores)
Revenue (10Y)
Operating Income (10Y)
Net Profit (10Y)
Operating Margin % (10Y)
Dividend Payout % (10Y)
Free Cash Flow (10Y)
Growth Summary
Latest fiscal year: Mar 2025
Historical Growth
Year-by-year revenue, profitability, and cash flow (βΉ Crores, last 10 years)
| Year | Revenue | Op. Income | Net Profit | CFO | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|---|
| Mar 2025 | βΉ1.37 L Cr | β | βΉ25.57 K Cr | β | β | 29.3% | 5.9% | -6.1% |
| Mar 2024 | βΉ1.29 L Cr | β | βΉ27.23 K Cr | β | β | 33.5% | 4.0% | 17.0% |
| Mar 2023 | βΉ1.24 L Cr | β | βΉ23.27 K Cr | β | β | 34.3% | 19.3% | 9.6% |
| Mar 2022 | βΉ1.04 L Cr | β | βΉ21.23 K Cr | β | β | 30.6% | 21.0% | 17.7% |
| Mar 2021 | βΉ85.91 K Cr | β | βΉ18.05 K Cr | β | β | 25.2% | 8.7% | 16.1% |
| Mar 2020 | βΉ79.05 K Cr | β | βΉ15.54 K Cr | β | β | 25.0% | 8.1% | 5.7% |
| Mar 2019 | βΉ73.11 K Cr | β | βΉ14.70 K Cr | β | β | 23.4% | 18.0% | -9.0% |
| Mar 2018 | βΉ61.94 K Cr | β | βΉ16.16 K Cr | β | β | 25.4% | 4.5% | 16.9% |
| Mar 2017 | βΉ59.29 K Cr | β | βΉ13.82 K Cr | β | β | 20.3% | 9.8% | 8.9% |
| Mar 2016 | βΉ53.98 K Cr | β | βΉ12.69 K Cr | β | β | 20.8% | 14.1% | 4.3% |
Financial Statements
Income statement, balance sheet, and cash flow (βΉ Crores, as reported)
Consolidated Figures in USD Millions.
| Unnamed: 0 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue / Net Sales | 44,341 | 47,300 | 53,983 | 59,289 | 61,941 | 73,107 | 79,047 | 85,912 | 103,940 | 124,014 | 128,933 | 136,592 | 141,233 |
| Total Expenses | 31,808 | 33,330 | 38,274 | 42,082 | 44,644 | 54,433 | 59,012 | 61,455 | 76,112 | 93,320 | 97,176 | 103,093 | 107,006 |
| EBIT / Operating Profit | 12,533 | 13,970 | 15,709 | 17,207 | 17,297 | 18,674 | 20,035 | 24,457 | 27,828 | 30,694 | 31,757 | 33,499 | 34,227 |
| OPM % | 28% | 30% | 29% | 29% | 28% | 26% | 25% | 28% | 27% | 25% | 25% | 25% | 24% |
| Other Income | 2,576 | 3,749 | 3,006 | 3,062 | 4,019 | 2,852 | 2,700 | 2,467 | 3,224 | 3,859 | 7,417 | 4,782 | 5,474 |
| Finance Costs | 6 | 8 | 0 | 0 | 0 | 0 | 114 | 126 | 128 | 157 | 277 | 221 | 208 |
| Depreciation & Amortisation | 1,101 | 913 | 1,115 | 1,331 | 1,408 | 1,599 | 2,144 | 2,321 | 2,429 | 2,753 | 2,944 | 2,619 | 2,459 |
| Profit Before Tax | 14,002 | 16,798 | 17,600 | 18,938 | 19,908 | 19,927 | 20,477 | 24,477 | 28,495 | 31,643 | 35,953 | 35,441 | 37,034 |
| Tax % | 27% | 28% | 28% | 27% | 19% | 26% | 24% | 26% | 25% | 26% | 24% | 28% | - |
| Net Profit / PAT | 10,194 | 12,164 | 12,693 | 13,818 | 16,155 | 14,702 | 15,543 | 18,048 | 21,235 | 23,268 | 27,234 | 25,568 | 26,859 |
| EPS (βΉ) | 22.30 | 26.48 | 27.63 | 30.08 | 36.98 | 33.65 | 36.49 | 42.36 | 50.48 | 56.09 | 65.61 | 61.56 | 64.67 |
| Dividend Payout % | 35% | 56% | 44% | 43% | 59% | 64% | 48% | 64% | 61% | 61% | 70% | 70% | - |
Peer Comparison
Technology sector peers, ranked by market cap
| Company | Market Cap | Revenue | P/E | P/B | EV/EBITDA | Rev G 1Y |
|---|---|---|---|---|---|---|
| Infosys Ltdthis co. | βΉ6.48 L Cr | βΉ1.37 L Cr | 24.20 | 7.17 | 16.31 | 5.9% |
| Bharti Airtel Ltd. | βΉ12.19 L Cr | βΉ1.09 L Cr | 50.40 | 8.31 | 27.19 | 15.8% |
| Tata Consultancy Services Ltd. | βΉ11.84 L Cr | βΉ2.15 L Cr | 24.20 | 13.91 | 18.91 | 6.2% |
| HCL Technologies Ltd | βΉ4.52 L Cr | βΉ51.10 K Cr | 36.80 | 14.48 | β | 6.2% |
| Bharat Electronics Ltd. | βΉ3.02 L Cr | βΉ23.66 K Cr | 53.30 | 14.23 | 51.32 | 17.3% |
| Wipro Ltd. | βΉ2.77 L Cr | βΉ67.29 K Cr | 23.00 | 4.29 | 18.85 | 0.8% |
| LTIMindtree Limited | βΉ1.81 L Cr | βΉ36.68 K Cr | 37.70 | 8.05 | 26.35 | 7.1% |
| Industry Average | β | βΉ10.05 K Cr | 69.99 | 8.58 | 66.75 | 22.0% |