Valuation Infosys Limited

Equities

INFY

INE009A01021

IT Services & Consulting

Market Closed - NSE India S.E. Other stock markets 10:29:30 16/01/2026 GMT			5-day change	1st Jan Change
1,689.80 ^INR	+5.63%		+4.69%	+4.61%

01-16	Asian Equities Traded in the US as American Depositary Receipts Decline in Friday Trading; Up Over 2% for Week	MT
01-16	Indian Equities Close Week Higher, Supported by Tech Rally	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	6,836,396	-	-
Change	-	37.67%	-26.68%	5.8%	4.92%	5.07%	-	-
Enterprise Value (EV) ¹	5,583,377	7,819,337	5,739,576	6,053,495	6,261,941	6,512,798	6,470,965	6,411,687
Change	-	40.05%	-26.6%	5.47%	3.44%	4.01%	-0.64%	-0.92%
P/E ratio	30.1x	36.4x	24.8x	23.7x	24.4x	24.3x	22.1x	20.4x
PBR	8.15x	10.6x	7.86x	7.05x	6.8x	7.77x	7.18x	6.74x
PEG	-	2.4x	2.53x	2.37x	14.71x	2.96x	2.26x	2.39x
Capitalization / Revenue	5.78x	6.57x	3.99x	4.04x	3.99x	3.85x	3.58x	3.34x
EV / Revenue	5.56x	6.43x	3.91x	3.94x	3.84x	3.66x	3.39x	3.13x
EV / EBITDA	20x	24.8x	16.3x	16.6x	16x	15.5x	14.1x	13x
EV / EBIT	22.7x	27.9x	18.6x	19.1x	18.2x	17.5x	15.9x	14.6x
EV / FCF	26.4x	32.7x	28.9x	25.1x	18.7x	22.3x	22x	19.8x
FCF Yield	3.78%	3.06%	3.47%	3.98%	5.34%	4.49%	4.55%	5.04%
Dividend per Share ²	27	31	34	38	43	48.78	58.25	63.65
Rate of return	1.97%	1.63%	2.38%	2.54%	2.74%	2.89%	3.45%	3.77%
EPS ²	45.52	52.41	57.54	63.29	64.34	69.62	76.41	82.94
Distribution rate	59.3%	59.1%	59.1%	60%	66.8%	70.1%	76.2%	76.7%
Net sales ¹	1,004,720	1,216,410	1,467,670	1,536,700	1,629,900	1,777,744	1,908,110	2,046,454
EBITDA ¹	278,890	314,910	351,300	364,250	392,360	419,292	458,197	492,486
EBIT ¹	246,220	280,150	309,050	317,470	344,240	371,905	406,563	437,978
Net income ¹	193,510	221,100	240,950	262,330	267,130	288,159	314,255	339,614
Net Debt ¹	-223,125	-174,720	-121,730	-147,860	-244,550	-323,598	-365,431	-424,709
Reference price ²	1,368.05	1,906.85	1,427.95	1,498.05	1,570.65	1,689.80	1,689.80	1,689.80
Nbr of stocks (in thousands)	4,244,364	4,192,284	4,104,700	4,139,618	4,142,547	4,045,683	-	-
Announcement Date	14/04/21	13/04/22	13/04/23	18/04/24	17/04/25	-	-	-

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	24.27x	3.66x	15.53x	2.89%	75.35B
IBM	34.17x	4.9x	17.51x	2.19%	286B
ACCENTURE PLC	21.26x	2.3x	12.32x	2.28%	176B
TATA CONSULTANCY SERVICES LTD.	23.02x	4.24x	15.59x	3.81%	128B
AUTOMATIC DATA PROCESSING, INC.	23.83x	4.81x	16.48x	2.45%	105B
RELX PLC	27.4x	6.54x	16.36x	2.15%	75.2B
SNOWFLAKE INC.	-53x	14.92x	109.49x	-.--%	71.99B
FUJITSU LIMITED	18.77x	2.2x	14.94x	0.66%	50.81B
HCL TECHNOLOGIES LIMITED	26.84x	3.34x	15.99x	3.38%	50.63B
NEC CORPORATION	31.9x	2.17x	15.01x	0.57%	49.76B
Average	17.85x	4.91x	24.92x	2.04%	106.88B
Weighted average by Cap.	21.46x	4.76x	21.99x	2.23%