Price Target Changed • Jul 04
Price target decreased by 7.1% to ₹1,346 Down from ₹1,448, the current price target is an average from 40 analysts. New target price is 29% above last closing price of ₹1,047. Stock is down 36% over the past year. The company is forecast to post earnings per share of US$0.81 for next year compared to US$0.81 last year. Buy Or Sell Opportunity • Jun 22
Now 21% overvalued Over the last 90 days, the stock has fallen 17% to ₹1,065. The fair value is estimated to be ₹883, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.3% over the last 3 years. Earnings per share has grown by 3.6%. For the next 3 years, revenue is forecast to grow by 3.7% per annum. Earnings are also forecast to grow by 3.6% per annum over the same time period. Upcoming Dividend • Jun 03
Upcoming dividend of ₹25.00 per share Eligible shareholders must have bought the stock before 10 June 2026. Payment date: 25 June 2026. Payout ratio is a comfortable 65% and this is well supported by cash flows. Trailing yield: 4.0%. Within top quartile of Indian dividend payers (1.5%). In line with average of industry peers (3.8%). Ankündigung • Jun 03
Infosys and Handelsblatt Media Group Unveil Editorial Link Intelligence to Enhance Storytelling and Enrich Reader Experience Infosys Limited announced that it has launched Editorial Link Intelligence (ELI) in collaboration with Handelsblatt Media Group. Editorial Link Intelligence leverages Infosys Aster and automates editorial workflows to accelerate content delivery and drives deeper reader engagement. This editorial recommendation engine, developed exclusively for Handelsblatt and WirtschaftsWoche, is designed to elevate digital journalism by delivering enhanced storytelling and driving deeper reader engagement. The launch of ELI marks a key milestone in Infosys' three-year collaboration with Handelsblatt as its official AI & Digital Innovation Partner. ELI is designed to help modernize Handelsblatt and WirtschaftsWoche editorial operations and deliver more context-rich content experiences to its diverse reader base. Developed by Wongdoody, Infosys' human experience agency, the solution analyses article content and metadata to intelligently recommend internal links that enhance narrative depth and reader navigation. Seamlessly integrated into Handelsblatt and WirtschaftsWoche content infrastructure, ELI enables editors to enrich stories without interrupting their workflow - freeing time for qualitative reporting, research, and analysis. The impact of ELI spans the entire publishing ecosystem. For editorial teams, it streamlines link curation and improves operational efficiency. For readers, it creates more immersive and intuitive journey through complex topics. For publishers, it drives measurable outcomes - boosting engagement, increasing time spent on the site, and reinforcing the value of trusted journalism in a competitive digital landscape. Buy Or Sell Opportunity • May 15
Now 21% overvalued Over the last 90 days, the stock has fallen 18% to ₹1,118. The fair value is estimated to be ₹927, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.3% over the last 3 years. Earnings per share has grown by 3.6%. For the next 3 years, revenue is forecast to grow by 3.5% per annum. Earnings are also forecast to grow by 3.8% per annum over the same time period. Ankündigung • May 07
Infosys Limited (NSEI:INFY) completed the acquisition of Optimum Healthcare IT, LLC from Achieve Partners Management, LLC and others. Infosys Limited (NSEI:INFY) entered into a definitive agreement acquire Optimum Healthcare IT, LLC from Achieve Partners Management, LLC and others for $470 million on March 25, 2026.
For the period ending December 31, 2025, Edge Pest Control LLC reported total revenue of $275.9 million.
The transaction, subject to regulatory approvals, anti-trust approvals, and completion of closing conditions, is expected to close during the first quarter of FY 2027.
Harris Williams LLC acted as financial advisor for Optimum Healthcare IT, LLC.
Infosys Limited (NSEI:INFY) completed the acquisition of Optimum Healthcare IT, LLC from Achieve Partners Management, LLC and others on May 5, 2026. Price Target Changed • May 06
Price target decreased by 7.0% to ₹1,462 Down from ₹1,572, the current price target is an average from 40 analysts. New target price is 25% above last closing price of ₹1,167. Stock is down 23% over the past year. The company is forecast to post earnings per share of US$0.81 for next year compared to US$0.81 last year. Price Target Changed • Apr 29
Price target decreased by 7.3% to ₹1,475 Down from ₹1,592, the current price target is an average from 40 analysts. New target price is 26% above last closing price of ₹1,168. Stock is down 22% over the past year. The company is forecast to post earnings per share of US$0.81 for next year compared to US$0.81 last year. Ankündigung • Apr 26
Infosys Limited Provides Earnings Guidance for the Fiscal Year 2027 Infosys Limited provided earnings guidance for the fiscal year 2027. For the period, the company expects Revenue growth of 1.5%-3.5% in constant currency and Operating margin of 20%-22%. Declared Dividend • Apr 25
Final dividend of ₹25.00 announced Shareholders will receive a dividend of ₹25.00. Ex-date: 10th June 2026 Payment date: 25th June 2026 Dividend yield will be 4.2%, which is higher than the industry average of 1.7%. Sustainability & Growth Dividend is covered by both earnings (65% earnings payout ratio) and cash flows (56% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 14% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Ankündigung • Apr 25
Infosys Limited, Annual General Meeting, Jun 23, 2026 Infosys Limited, Annual General Meeting, Jun 23, 2026. Reported Earnings • Apr 24
Full year 2026 earnings: EPS exceeds analyst expectations Full year 2026 results: EPS: US$0.81 (up from US$0.76 in FY 2025). Revenue: US$20.2b (up 4.6% from FY 2025). Net income: US$3.31b (up 4.9% from FY 2025). Profit margin: 16% (in line with FY 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.9%. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the IT industry in India. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has remained flat. Ankündigung • Mar 26
Infosys Limited (NSEI:INFY) entered into a definitive agreement acquire Optimum Healthcare IT, LLC from Achieve Partners Management, LLC and others for $470 million. Infosys Limited (NSEI:INFY) entered into a definitive agreement acquire Optimum Healthcare IT, LLC from Achieve Partners Management, LLC and others for $470 million on March 25, 2026.
For the period ending December 31, 2025, Edge Pest Control LLC reported total revenue of $275.9 million.
The transaction, subject to regulatory approvals, anti-trust approvals, and completion of closing conditions, is expected to close during the first quarter of FY 2027.
Harris Williams LLC acted as financial advisor for Optimum Healthcare IT, LLC. Ankündigung • Mar 21
Infosys and Formula E Launch Ai-Powered Race Centre Infosys, a global leader in next generation digital services and consulting, and Formula E, the world's first all-electric FIA World Championship, announced the launch of a new AI-powered Race Centre. Powered by Infosys Topaz, the Race Centre places fans at the center of the action, using intelligent data to create an immersive race-day experience powered by innovations in AI and digital technology. In its second year as Formula E's Official Digital Innovation Partner, Infosys is advancing from data-led insights to deeply immersive fan engagement. The Race Centre operates as a unified platform to display AI commentary, interactive gamified features, static explainer videos, weather tracking, race control updates, PIT BOOST & ATTACK MODE tracking, and in-sync storytelling. By blending race feeds with AI-driven content, the platform enhances how fans understand racing action and keeps them connected during the off-season. Key features of the Race Centre include: Generative AI Commentary Engine: Built on Topaz's applied AI foundation, this feature delivers real–time, context–aware race narration. Podium Predictions & 'PIF Driver of the Race' Fan Voting: Interactive engagement features that allow fans to predict podium outcomes during practice and qualifying sessions. Fans can also vote for the 'PIF Driver of the Race' encouraging participation and excitement around potential race outcomes. PIT BOOST Tracking: An interactive feature that lets fans track the mandatory fast–charging pit stop in select races and see how it impacts driver positions and race momentum through clear visuals. Selected Driver Event Tracker: A feature that allows users to better understand the race development for any individual driver by providing the timeline of their key moments (Overtakes & ATTACK MODE deployment) at any point during the race. Agentic AI for Data Orchestration: Topaz agents seamlessly process and integrate over 1.5 million data points across each race including race control updates that feed into the Race Centre dashboard to showcase race positions, and car movements in a 2D racetrack visualization. Combining race data, AI-driven insights, and rich digital content across a single platform, the Race Centre supports fans throughout the entire race lifecycle - from practice sessions and qualifying rounds to race day and beyond. By unifying these capabilities into one scalable digital destination, the platform supports Formula E's strategy as one of the world's fastest–growing sports attracting younger, digitally native audiences, enabling tailored storytelling and strengthening fan loyalty across global markets. Reported Earnings • Jan 15
Third quarter 2026 earnings: EPS misses analyst expectations Third quarter 2026 results: EPS: US$0.18 (down from US$0.19 in 3Q 2025). Revenue: US$5.10b (up 3.2% from 3Q 2025). Net income: US$747.0m (down 7.1% from 3Q 2025). Profit margin: 15% (down from 16% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 9.6%. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the IT industry in India. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 1% per year. Declared Dividend • Oct 19
First half dividend of ₹23.00 announced Shareholders will receive a dividend of ₹23.00. Ex-date: 27th October 2025 Payment date: 7th November 2025 Dividend yield will be 3.1%, which is higher than the industry average of 1.7%. Sustainability & Growth Dividend is covered by both earnings (66% earnings payout ratio) and cash flows (52% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 19% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Oct 17
Second quarter 2026 earnings: EPS and revenues exceed analyst expectations Second quarter 2026 results: EPS: US$0.20 (up from US$0.19 in 2Q 2025). Revenue: US$5.08b (up 3.7% from 2Q 2025). Net income: US$839.0m (up 8.0% from 2Q 2025). Profit margin: 17% (in line with 2Q 2025). Revenue exceeded analyst estimates by 1.0%. Earnings per share (EPS) also surpassed analyst estimates by 2.3%. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the IT industry in India. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has fallen by 1% per year. Ankündigung • Sep 11
Infosys Limited (NSEI:INFY) announces an Equity Buyback for 100,000,000 shares, representing 2.41% for INR 180,000 million. Infosys Limited (NSEI:INFY) announces a share repurchase program. Under the program, the company will repurchase up to 100,000,000 shares, representing 2.41% of its issued share capital, for INR 180,000 million worth of its shares. The shares will be repurchased at a price of INR 1,800 per share. The program is subject to the approval of shareholders by way of a special resolution through postal ballot. As of September 5, 2025, the company had 4,154,392,203 shares outstanding. Reported Earnings • Jul 24
First quarter 2026 earnings: EPS and revenues exceed analyst expectations First quarter 2026 results: EPS: US$0.20 (up from US$0.18 in 1Q 2025). Revenue: US$4.94b (up 4.8% from 1Q 2025). Net income: US$809.0m (up 6.0% from 1Q 2025). Profit margin: 16% (in line with 1Q 2025). Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) also surpassed analyst estimates by 2.5%. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the IT industry in India. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 1% per year. Ankündigung • Jul 23
Infosys Limited Provides Revenue Guidance for the Fiscal Year 2026 Infosys Limited provided revenue guidance for the fiscal year 2026. For the year, the company expects Revenue growth of 1%-3% in constant currency. Ankündigung • May 29
Infosys Launches over 200 Enterprise Ai Agents, Part of Infosys Topaz™ Ai Offerings and Google Cloud Infosys announced the launch of over 200 enterprise AI agents powered by Infosys Topaz™? AI offerings and Google Cloud's Vertex AI Platform. The AI agents are designed to drive tangible outcomes for enterprises by transforming complex workflows and managing intricate, multi-agent business operations efficiently at scale. These enterprise AI agents cater to multiple sectors, including healthcare, finance, retail, telecom, manufacturing, and agriculture. Leveraging advanced machine learning and cognitive architecture, the agents are equipped with powerful capabilities such as data extraction to transform raw inputs into actionable insights and multimodal functionality to handle diverse data types effectively. They ensure secure communication through encrypted channels and uphold robust data privacy measures to protect sensitive information. Additionally, the enterprise AI agents feature autonomous decision-making, which allows them to independently analyze scenarios and execute complex tasks, driving enhanced operational efficiency. For example: In the area of predictive network capacity planning, a monitoring agent continuously tracks real-time network capacity and alerts for any immediate concerns. This proactive monitoring helps prevent potential network issues, enhancing reliability and efficiency. It leads to reduced downtime, improved user experience, and optimized resource utilization. In the accounts payable and receivable processes, a corporate finance agent ensures accurate financial reporting and cash flow management, thus reducing the risk of late payments or missed collections, enhancing overall financial efficiency and reliability. In the manufacturing domain, a forecasting agent uses real-time data to predict demand for vehicle parts, thus optimizing inventory and managing the supply chain. This approach adjusts production, evaluates inventory, and auto-orders shortfall parts, boosting operational effectiveness and reliability. The AI agents mark a significant milestone as a direct outcome of the Google Cloudenter of excellence, powered by Infosys topaz™?. The initiative leverages the advanced AI capabilities of Infosys Topaz™®? and the generative AI technology of Google Cloud to deliver innovative enterprise AI solutions. Ankündigung • May 08
Economist Impact and Infosys Launch the Sustainability Atlas to Help Businesses Navigate A Sustainable Future Infosys and Economist Impact together announced the launch of The Sustainability Atlas to help businesses navigate a sustainable future. Leveraging Infosys Topaz, an AI-first suite of offerings using generative AI technologies, the new AI-powered tool serves as a gateway to sustainability-focused insights, providing business leaders and policymakers with data and intelligence to inform decisions that will drive meaningful climate action. Drawing on insights from 18 Economist Impact indices, consisting of 1700+ indicators, and 500 reports and articles, The Sustainability Atlas aims to provide clear and succinct responses to sustainability-related questions. This offers an efficient way to gain a holistic view of the sustainability landscape in different geographies around the world. Key features of The Sustainability Atlas include: Insights across a range of sustainability topics: The Atlas' chatbot provides succinct answers to users' sustainability questions, informed by sources that can be trusted and scrutinized across a wide range of topics from climate resilience and circular economy to social inclusion. Cross-geography comparison capabilities: The interactive globe feature of the Atlas allows users to understand and compare the state of sustainability between two countries and cities across a range of metrics measuring food security, health inclusion, and EV readiness. Business decision makers can use this component to evaluate region-specific sustainability risks and opportunities. Global coverage with local relevance: With key markets in North America, Europe, the Middle East, and Asia-Pacific, the Atlas delivers insights relevant to diverse geographies and industries. Industry-specific insights: Covering key sectors such as energy, financial services, manufacturing, and retail, the Atlas can be used to extract industry-specific insights. For example, business leaders in the energy sector can use it to track and compare their company's progress within the industry on reducing emissions. Policy researchers, designing targeted industrial regulation, may use the Atlas to identify and prioritize the key sustainability challenges for different sectors. Price Target Changed • Apr 21
Price target decreased by 7.1% to ₹1,763 Down from ₹1,897, the current price target is an average from 42 analysts. New target price is 24% above last closing price of ₹1,420. Stock is down 0.9% over the past year. The company is forecast to post earnings per share of US$0.79 for next year compared to US$0.76 last year. Reported Earnings • Apr 18
Full year 2025 earnings: EPS in line with expectations, revenues disappoint Full year 2025 results: EPS: US$0.76 (down from US$0.77 in FY 2024). Revenue: US$19.3b (up 3.9% from FY 2024). Net income: US$3.16b (flat on FY 2024). Profit margin: 16% (in line with FY 2024). Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the IT industry in India. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Ankündigung • Feb 26
Infosys Launches Open-Source Responsible AI Toolkit to Enhance Trust and Transparency in AI Infosys announced the launch of its open-source Responsible AI Toolkit, a key component of the Infosys Topaz Responsible AI Suite, designed to help enterprises innovate responsibly while addressing the challenges and risks associated with ethical AI adoption. The Infosys Responsible AI Toolkit builds on the Infosys AI3S framework (Scan, Shield, and Steer), equipping enterprises with advanced defensive technical guardrails, including specialized AI models and shielding algorithms, to detect and mitigate issues such as privacy breaches, security attacks, sensitive information leaks, unbiased output, harmful content, copyright infringement, hallucinations, malicious use, deepfakes and more. It also enhances model transparency by providing insights into the rationale behind AI-generated output, without compromising on performance or user-experience. The open-source toolkit offers flexibility and ease of implementation. It is fully customizable, compatible with diverse models and agentic AI systems, and integrates seamlessly across cloud and on-premise environments. Organizations can access the toolkit here. Reported Earnings • Jan 17
Third quarter 2025 earnings: EPS and revenues exceed analyst expectations Third quarter 2025 results: EPS: US$0.19 (up from US$0.18 in 3Q 2024). Revenue: US$4.94b (up 5.9% from 3Q 2024). Net income: US$804.0m (up 9.7% from 3Q 2024). Profit margin: 16% (in line with 3Q 2024). Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) also surpassed analyst estimates by 1.2%. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the IT industry in India. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 1% per year. Ankündigung • Jan 17
Infosys Limited Provides Earnings Guidance for Fiscal Year 2025 Infosys Limited provides earnings guidance for fiscal year 2025. For the period, the company expects Revenue growth of 4.5%-5.0% in constant currency. Ankündigung • Oct 24
Infosys Limited Unveils Small Language Models - Infosys Topaz BankingSLM and Infosys Topaz ITOpsSLM - Built on NVIDIA AI Stack Infosys announced the launch of its small language models - Infosys Topaz BankingSLM and Infosys Topaz ITOpsSLM - built using the powerful NVIDIA AI Stack. The collaboration leverages NVIDIA AI and Infosys Topaz offerings to provide a robust foundation for implementing and scaling enterprise AI. These models are developed as part of the Infosys center of excellence dedicated to NVIDIA technologies and built to help businesses quickly adopt and scale AI. The small language models utilize general and industry-specific data, enhanced by NVIDIA's AI Enterprise and NVIDIA AI Foundry in collaboration with Sarvam AI. The models are fine-tuned with Infosys data and integrated into existing offerings, like Infosys Finacle and Infosys Topaz for business and IT operations, creating robust foundational models for industry-specific applications. Infosys also provides these models as services that include pretraining-as-a-service and fine-tuning-as-a-service, to help businesses build their own custom AI models securely, in compliance with industry standards. As part of the center of excellence, Infosys is working with NVIDIA on NIM Agent Blueprints to streamline AI application development and integrate innovations such as the new Digital Human blueprint for customer service, multimodal PDF data extraction and various other use cases for Infosys Topaz offerings. Beyond these, the collaboration extends to digitalization efforts, addressing areas like 3D workflows and digital twins with NVIDIA Omniverse Enterprise, and Infosys Responsible AI suite, using NVIDIA NeMo Guardrails. The center of excellence also unveiled an exclusive AI Experience Zone, featuring the latest capabilities from NVIDIA AI and Infosys Topaz. The zone is designed to foster co-innovation in AI solutions, such as agentic and physical AI use cases, across sectors such as telecommunications, retail, and financial services. Declared Dividend • Oct 20
First half dividend of ₹21.00 announced Shareholders will receive a dividend of ₹21.00. Ex-date: 29th October 2024 Payment date: 8th November 2024 Dividend yield will be 2.6%, which is higher than the industry average of 1.7%. Sustainability & Growth Dividend is covered by both earnings (63% earnings payout ratio) and cash flows (60% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 28% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Ankündigung • Oct 19
Infosys Limited Revises Earnings Guidance for the Fiscal Year 2025 Infosys Limited revised earnings guidance for the fiscal year 2025. The company has revised its revenue growth guidance for the financial year 2025. The new guidance is 3.75% to 4.5% growth in constant currency. The company said there are multiple factors that led to increase around guidance. Reported Earnings • Oct 18
Second quarter 2025 earnings: EPS misses analyst expectations Second quarter 2025 results: EPS: US$0.19 (up from US$0.18 in 2Q 2024). Revenue: US$4.89b (up 3.7% from 2Q 2024). Net income: US$777.0m (up 3.5% from 2Q 2024). Profit margin: 16% (in line with 2Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.7%. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the IT industry in India. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 3% per year. Ankündigung • Oct 17
Infosys Limited Declares Interim Dividend, Payable on November 8, 2024 The board of directors of Infosys Limited at its meeting held on October 17, 2024, shareholders declared an interim dividend of INR 21/- per equity share, fixed October 29, 2024 as a record date and
November 8, 2024 as a payout date. Price Target Changed • Jul 19
Price target increased by 10% to ₹1,798 Up from ₹1,627, the current price target is an average from 43 analysts. New target price is approximately in line with last closing price of ₹1,759. Stock is up 32% over the past year. The company is forecast to post earnings per share of US$0.77 for next year compared to US$0.77 last year. Reported Earnings • Jun 28
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: US$0.77 (up from US$0.71 in FY 2023). Revenue: US$18.6b (up 1.9% from FY 2023). Net income: US$3.17b (up 6.2% from FY 2023). Profit margin: 17% (in line with FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 7.1%. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the IT industry in India. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has remained flat. Ankündigung • May 29
Infosys in Partnership with the French Tennis Federation Unveils Several AI-First Innovations To Roland-Garros 2024 Infosys in partnership with the French Tennis Federation (FFT), unveiled several AI-first innovations for Roland-Garros 2024, marking a pivotal evolution in the sixth year of their partnership. Leveraging Infosys Topaz, an AI-first set of services, solutions, and platforms using generative AI technologies, the new feature set will enhance the RG digital experience for fans, players, coaches, and the media. Beyond the set of existing innovations such as AI Assisted journalism, AI Videos, and Match Centre, the following new experiences are slated to be launched this year. RG Gen AI Poster Challenge - The RG Gen AI Poster Challenge features on the Roland-Garros digital properties and enables fans to create their artistic renditions of the iconic RG Posters using Generative AI. It brings alive the unique history of RG with modern technology. Fans will also be able to vote for their favorite poster; and winners will be awarded tickets for the RG 2025 edition. AI Bracket Challenge - The AI Bracket Challenge introduces a gamified layer to the Roland-Garros experience, inviting fans to engage in predictive gameplay by forecasting match outcomes throughout the tournament. It also features an AI powered auto predict feature that fans can leverage to help complete their brackets. The feature adds a competitive and immersive element to the tournament experience, with winners slated to get access to 2025 match tickets. New Symbol Room in RG's Infosys 3D Art Museum- The newly introduced Symbol Room in the Infosys 3D art Museum enriches the virtual visitor experience by providing a digital showcase of iconic symbols and moments from Roland-Garros history. This room, accessible through the RG website, features high-resolution 3D scans of memorabilia, interactive exhibits, and detailed narratives that bring the tournament's storied past to life. Split Screen Analysis in Players Portal - The enhanced Split Screen Analysis tool in the Players Portal offers a sophisticated analytical platform designed specifically for players and coaches. By providing side-by-side video comparisons and real-time performance analytics, this tool helps users dissect and understand gameplay nuances. Players can review their performances, compare them with past games or those of their opponents, and receive tailored feedback generated through AI-driven insights. This analysis supports strategic planning and training, allowing players to adapt their techniques and strategies based on detailed, data-backed evaluations. Off court, Infosys and FFT continue a successful STEM program that will engage 30 students from Gerson School in Paris, providing them with firsthand learning experiences at Roland-Garros. Students will visit Roland-Garros and take part in dedicated workshops with tech experts from Infosys, aimed at helping them develop an understanding about how technology is used in tennis, further bridging the gap between technology and practical education. The tournament runs from 20th May 2024 to 9th June 2024. Upcoming Dividend • May 24
Upcoming dividend of ₹28.00 per share Eligible shareholders must have bought the stock before 31 May 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 60% and this is well supported by cash flows. Trailing yield: 2.7%. Within top quartile of Indian dividend payers (1.2%). Higher than average of industry peers (2.1%). Declared Dividend • Apr 20
Final dividend of ₹28.00 announced Shareholders will receive a dividend of ₹28.00. Ex-date: 31st May 2024 Payment date: 1st July 2024 Dividend yield will be 3.3%, which is higher than the industry average of 1.7%. Sustainability & Growth Dividend is covered by both earnings (60% earnings payout ratio) and cash flows (69% cash payout ratio). The dividend has increased by an average of 18% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 18% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Ankündigung • Apr 20
Infosys Limited, Annual General Meeting, Jun 26, 2024 Infosys Limited, Annual General Meeting, Jun 26, 2024. Reported Earnings • Apr 18
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: US$0.77 (up from US$0.71 in FY 2023). Revenue: US$18.6b (up 1.9% from FY 2023). Net income: US$3.17b (up 6.2% from FY 2023). Profit margin: 17% (in line with FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 7.1%. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the IT industry in India. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 2% per year. Ankündigung • Jan 12
Infosys Limited (NSEI:INFY) agreed to acquire Insemi Technology Services Pvt. Ltd. for INR 2.8 billion. Infosys Limited (NSEI:INFY) agreed to acquire Insemi Technology Services Pvt. Ltd. for INR 2.8 billion on January 11, 2024. The consideration includes earnout payments. Insemi Technology reported revenue of INR 1.536 billion as at fiscal year ending March 31, 2023. The transaction was approved by board of Infosys. The transaction is expected to close during fourth quarter of fiscal year 2024, subject to customary closing conditions. Reported Earnings • Jan 12
Third quarter 2024 earnings: Revenues and EPS in line with analyst expectations Third quarter 2024 results: EPS: US$0.18 (down from US$0.19 in 3Q 2023). Revenue: US$4.66b (flat on 3Q 2023). Net income: US$733.0m (down 8.4% from 3Q 2023). Profit margin: 16% (down from 17% in 3Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the IT industry in India. Over the last 3 years on average, earnings per share has increased by 6% per year and the company’s share price has also increased by 6% per year. Ankündigung • Dec 12
Infosys Limited Announces CFO Changes Infosys announced that its Board of Directors meeting held on December 11, 2023, appointed Jayesh Sanghrajka as the Chief Financial Officer ("CFO") and Key Managerial Personnel of the Company with effect from April 1, 2024. Jayesh will be taking over from Nilanjan Roy, who after serving in this role since 2018, has decided to step down to pursue his personal aspirations outside of Infosys. Nilanjan will continue to be with Infosys till March 31st, 2024 as CFO. The Board of Directors placed on record their deep appreciation for Nilanjan Roy and acknowledged his contribution to the company during his tenure as the CFO. Jayesh has spent over 18 years at Infosys across two stints and has performed various leadership roles. He is currently Executive Vice President and Deputy Chief Financial Officer. He comes with over 25 years of work experience and is a Chartered Accountant. Jayesh has over 25 years of experience across a wide spectrum of finance functions. He has worked at Infosys for 18 years - first between 2000-07 and currently since December 2012. Jayesh was appointed as the Deputy Chief Financial Officer for the Infosys Group in October 2015 and is presently responsible for various areas of the finance function including investor relations, business finance, corporate finance, treasury and tax. Additionally, he also oversees the mergers and acquisitions portfolio. In 2016, he was recognized by Businessworld magazine as the `Most Promising Future CFO'. Jayesh is a Chartered Accountant and a Cost Accountant. Recent Insider Transactions • Oct 21
Insider recently sold ₹3.4b worth of stock On the 19th of October, S. Shibulal sold around 2m shares on-market at roughly ₹1,434 per share. This transaction amounted to 6.3% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹4.4b more than they bought in the last 12 months. Ankündigung • Oct 18
Infosys Limited Provides Earnings Guidance for the Year 2024 Infosys Limited provided earnings guidance for the year 2024. For the period, the company expects revenue guidance revised to 1.0%-2.5% and operating margin guidance retained at 20%-22%. Ankündigung • Oct 13
Infosys Limited Declares Interim Dividend, Payable on November 6, 2023 The board of directors of Infosys Limited at its meeting held on October 12, 2023, shareholders declared an interim dividend of INR 18 per equity share. The company Fixed October 25, 2023 as record date for interim dividend and November 6, 2023 as payout date. Reported Earnings • Oct 13
Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Second quarter 2024 results: EPS: US$0.18 (up from US$0.18 in 2Q 2023). Revenue: US$4.72b (up 3.6% from 2Q 2023). Net income: US$751.0m (flat on 2Q 2023). Profit margin: 16% (in line with 2Q 2023). Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) missed analyst estimates by 1.1%. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the IT industry in India. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 8% per year. Ankündigung • Oct 06
Economist Impact and Infosys Launch the Value Chain Navigator to Help Businesses Manage and Mitigate Their Scope 3 Emissions Infosys and Economist Impact announced the launch of the Value Chain Navigator (VCN) to help businesses understand and address their scope 3 emissions. Scope 3 includes all indirect emissions that occur in the upstream and downstream activities of an organization's value chain. These can include emissions from purchased goods and services, business travel, employee commuting, waste disposal, use of sold products, transportation, distribution, investments and leased assets and franchises. Up to 95% of a business's carbon footprint consists of scope 3 emissions, but only a quarter of businesses account for them in their net zero plans. The VCN is an open digital platform that helps businesses understand the complex nature of their scope 3 emissions through interactive tracking, tools and tailored recommendations. The tool will be featured on The Sustainability Project, the content and community platform created by Economist Impact and built by Infosys as digital innovation partner, to advance sustainable solutions and drive world-changing impact through a new business-to-business model. The Value Chain Navigator platform allows business leaders to: Explore scope 3 emissions data across seven different business activity levers as defined by the Science Based Targets Initiative (SBTi), including supplier engagement, product and service design and investment strategy; Discover how companies worldwide are tackling scope 3 emissions through a global survey of 1,250 companies; results can be segmented by region, sector and business size; Get personalised recommendations for reducing scope 3 emissions through a self-assessment tool that asks about business specific challenges and opportunities; Track the latest trends through a tool that surfaces the latest media coverage of scope 3 innovation and regulation; understand the challenges and decisions of business leaders as they talk about their personal scope 3 journeys in the spotlight film series. According to the VCN survey, only 53% of companies are currently collecting and monitoring their scope 3 emissions data. Technological innovations can help businesses monitor, manage and reduce emissions in their upstream and downstream value chains. The research showed that companies are least likely to focus on engaging suppliers, but they are most likely to be engaging with customers to reduce their scope 3 emissions. A healthy 97% of companies across all sectors have undertaken at least one initiative to engage customers. Out of all possible initiatives companies could take, the research showed that business-model innovation is, on average, believed to be one of the most effective ways to reduce emissions in a relatively short period of time. Ankündigung • Sep 28
Infosys Launches Industry Cloud to Catalyse Digital Transformation of the Commercial Airline Industry Infosys announced the launch of Infosys Cobalt Airline Cloud (ICAC) a first-of-its-kind industry cloud offering designed for commercial airlines to help them accelerate their digital transformation journey. Infosys has leveraged its deep domain experience and expertise in the travel and hospitality sector to build ICAC, which will aim to deliver personalized experiences, optimized operations, and net zero journeys for clients. The ICAC platform is built on composable architecture principles that draw from the overall framework of Infosys Cobalt, a set of services, solutions and platforms for enterprises to accelerate their cloud journey. ICAC provides solutions, APIs and re-usable business assets that can be used for: Transforming the legacy workloads through disassembling and creating composable functional capabilities, enabled by cloud technologies. Addressing the key areas of business process efficiency and customer experiences, with an aim to provide tangible improvements in existing processes Improving customer experiences by ensuring accuracy in baggage delivery, leveraging precision-based gate to gate bag transfers, helping reduce Missed Bag Rate (MBR) in hub airports by up to 50% Efficiency in operations by reducing Unit Load Device (ULD) misplacement and losses, to less than 2%, from the current industry average of more than 5%, through tracking and tracing methods enabled through machine learning Ensuring smooth operations and enhancing passenger safety by leveraging AI for crowd control, theft, security, and reducing cost of manual airport operations Optimising network and route planning to help in decarbonization efforts and emission control Additionally, Infosys will combine its industry-specific knowledge, technological capabilities, and key elements of Infosys Cobalt to help airline companies transform their business landscape, foster poly-cloud opportunities, and innovate at scale, with regulatory and security frameworks. Recent Insider Transactions • Sep 06
Insider recently sold ₹29m worth of stock On the 1st of September, Anant Adya sold around 20k shares on-market at roughly ₹1,445 per share. This transaction amounted to 33% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹103m more than they bought in the last 12 months. Recent Insider Transactions • Sep 06
Insider recently sold ₹29m worth of stock On the 1st of September, Anant Adya sold around 20k shares on-market at roughly ₹1,445 per share. This transaction amounted to 33% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹103m more than they bought in the last 12 months. Ankündigung • Sep 02
Infosys Limited (NSEI:INFY) Completed the acquisition of Danske IT And Support Services India Private Limited from Danske Bank A/S (CPSE:DANSKE). Infosys Limited (NSEI:INFY) entered into an agreement to acquire Danske IT And Support Services India Private Limited from Danske Bank A/S (CPSE:DANSKE) for DKK 13.6 million on June 26, 2023. Transaction is subject to customary closing conditions including from Danish Business Authority under the Danish Foreign Direct Investment rules, and - Under Special Economic Zones Rules. The transaction is subject to customary authority approval, which is expected in H2 2023. Haigreve Khaitan, Sanjay Khan Nagra, B N Vivek, Shreyas Bapat, Ritu Shaktawat, Rahul Jain, Sneh Shah, Mayank Jain, Dinesh Kumar Agrawal, Vinay Joy, Srishti Ramkrishnan, Anisha Chand, Tanveer Verma of Khaitan & Co. acted as the legal advisor to Infosys Limited (NSEI:INFY). Jan Ussing Andersen, Casper Moltke-Leth, Morten Nissen and Vivek Kailas of Bird & Bird Advokatpartnerselskab acted as the legal advisor to Infosys Limited (NSEI:INFY) on Danish law aspects of the outsourcing agreement and the acquisition. Ole Horsfeldt, Michael Philip Schmidt and Andreas Hertel of Gorrissen Federspiel I/S acted as the legal advisor to Infosys Limited (NSEI:INFY).
Infosys Limited (NSEI:INFY) Completed the acquisition of Danske IT And Support Services India Private Limited from Danske Bank A/S (CPSE:DANSKE) on September 1, 2023. Ankündigung • Aug 23
Infosys Announces Resignation of Nageswar Cherukupalli, Senior Vice President and Industry Head, Financial Services and Insurance Infosys announced another senior level exit with Nageswar Cherukupalli, senior vice president and industry head, financial services and insurance, putting in his papers after spending about 21 years at the firm. Ankündigung • Jul 22
Infosys Limited Revises Revenue Guidance for the Fiscal Year 2024 Infosys Limited revised revenue guidance for the fiscal year 2024. for the year, the company expects revenue growth of 1.0%-3.5% in constant currency. Reported Earnings • Jul 21
First quarter 2024 earnings: EPS misses analyst expectations First quarter 2024 results: EPS: US$0.17 (up from US$0.16 in 1Q 2023). Revenue: US$4.62b (up 3.9% from 1Q 2023). Net income: US$724.0m (up 5.1% from 1Q 2023). Profit margin: 16% (in line with 1Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.2%. Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the IT industry in India. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 13% per year. Ankündigung • Jul 12
Infosys Limited Approves Final Dividend Infosys Limited announced at the AGM held on June 28, 2023 that the company approved final dividend of INR 17.50 per equity share. Ankündigung • Jun 27
Infosys Limited (NSEI:INFY) entered into an agreement to acquire Danske IT And Support Services India Private Limited from Danske Bank A/S (CPSE:DANSKE) for DKK 13.6 million. Infosys Limited (NSEI:INFY) entered into an agreement to acquire Danske IT And Support Services India Private Limited from Danske Bank A/S (CPSE:DANSKE) for DKK 13.6 million on June 26, 2023. Transaction is subject to customary closing conditions including from Danish Business Authority under the Danish Foreign Direct Investment rules, and - Under Special Economic Zones Rules. Transaction is expected to complete on Q2’FY2024. Upcoming Dividend • May 26
Upcoming dividend of ₹17.50 per share at 2.6% yield Eligible shareholders must have bought the stock before 02 June 2023. Payment date: 03 July 2023. Payout ratio is a comfortable 58% and this is well supported by cash flows. Trailing yield: 2.6%. Within top quartile of Indian dividend payers (1.6%). Higher than average of industry peers (2.0%). Ankündigung • May 24
Infosys Limited Launches Infosys Topaz Infosys launched Infosys Topaz - an AI-first set of services, solutions and platforms using generative AI technologies. It helps amplify the potential of humans, enterprises and communities to tap into the next generation of opportunities to create value from unprecedented innovations, connected ecosystems and pervasive efficiencies. Infosys Topaz leverages Infosys applied AI framework to build an AI-first core that empowers people to deliver cognitive solutions that accelerate value-creation. Accelerate growth: Infosys Topaz converges the power of Infosys Cobalt cloud, and data analytics to AI-power business, deliver cognitive solutions and intuitive experiences that revitalize growth. Over 12,000 use cases, help seed and fast track new ideas. For example, a food and beverages chain leveraged Infosys Topaz to autonomously connect unconnected data signals coming in from new partners to deliver superior off-store consumer experience with >95% accuracy. Infosys Topaz Generative AI Labs delivers ready-to-use industry solutions to bring the value of AI to more functions, thus helping businesses become more cognitive, faster. Build connected ecosystems: Infosys Topaz democratizes data and intelligence to bring value to more participants in the connected ecosystem, enabling them to create disruptive business models, AI-led products, services and new revenue streams. For example, a national railway company took advantage of Infosys Topaz to build a smart hub for profitably creating agile value-chains, with best-fit partners from the market, for functions such as first and last mile logistics. Infosys Topaz enables businesses, across industries, with support from an ecosystem of over 100 industry networks and partnerships. unlock efficiencies at scale: Infosys' AI-first specialists use smart tools, platforms, and autonomous software engineering for business agility. Infosys Topaz drives organization-wide synergies by reimagining user personas, data architecture and engineering blueprints for the future. It also helps build self-supervisory capabilities from harnessing enterprise knowledge with generative AI. For example, a British bank used Infosys Topaz to transform over 2000 customer service processes to operate in near real-time instead of a week. Price Target Changed • Apr 17
Price target decreased by 7.5% to ₹1,584 Down from ₹1,712, the current price target is an average from 39 analysts. New target price is 26% above last closing price of ₹1,258. Stock is down 22% over the past year. The company is forecast to post earnings per share of US$0.79 for next year compared to US$0.71 last year. Reported Earnings • Apr 14
Full year 2023 earnings: EPS misses analyst expectations Full year 2023 results: EPS: US$0.71 (up from US$0.70 in FY 2022). Revenue: US$18.2b (up 12% from FY 2022). Net income: US$2.98b (flat on FY 2022). Profit margin: 16% (down from 18% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.8%. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the IT industry in India. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth. Ankündigung • Feb 18
Infosys Limited Announces Executive Changes Infosys Limited announced the appointment of Shaji Mathew as Group Head of Human Resources effective March 22, 2023. Shaji will be taking over from Krish Shankar who retires on March 21, 2023, after serving in this role since 2015. Based on the recommendations of the Audit Committee and the Nomination and Remuneration Committee, the Board also designated Shaji Mathew as an executive officer for the purpose of reporting under the rules of Securities and Exchange Commission and Key Managerial Personnel as defined under IndAS 24- Related Party Disclosures. In his current role, Shaji is Infosys' global head of delivery for Financial Services, Insurance, Healthcare and Life Sciences. He has also been actively steering the company's efforts to create a more inclusive workforce as the Chair for Diversity, Equity, and Inclusion (DEI) in India. Shaji is a rank holder from National Institute of Technology, Calicut and has completed a Global Leadership Program from Stanford University Graduate School of Business. He has served as the Chairman of Confederation of Indian Industry at the zonal level. During his tenure at Infosys, Krish has led the development of a strong employee value proposition, helped build a digital skills-based ecosystem and enabled digital career paths for employees. Krish was also integral to effectively managing the workforce and seamless business continuity during, and after the pandemic, while maintaining an unwavering focus on employee well-being. Ankündigung • Feb 09
Infosys Introduces Infosys Equinox Studio Infosys launched Infosys Equinox Studio to help businesses shape, integrate, publish and manage next-generation composable, computational commerce experiences from a single low-code/no-code cloud-native platform. As part of the Infosys Equinox suite, Infosys Equinox Studio enables businesses to seamlessly manage their digital experiences across channels and provide easy integrations to all enterprise and cloud-based service-oriented applications. With minimal IT involvement needed to build, modify, test and deploy these experiences, enterprises can expect up to 90% reduction in effort and time-to-market. Infosys Equinox Studio enables businesses to deliver hyper-personalized experiences to consumers. Its intuitive WYSIWYG, drag-and-drop interface is designed to be used directly by business users to create unique human-centric experiences in real-time. Built to meet the needs of modern enterprises across performance, scalability, and compliance requirements, Infosys Equinox Studio also enables centralized management of complex portfolios of commerce sites. Its blueprint capability enables a granular configuration of what is controlled at a central level and what is delegated to individual regions, brands, or sites, which helps organizations attain better brand and experience consistency. Key features of Infosys Equinox Studio include: Speed and ease of integration: Enables businesses to drive faster speed-to-market and seamless delivery of e-commerce experiences Rapid speed of change: Allows businesses to propagate change on a near real-time basis Management at scale: Provides businesses the capability to manage sites across multiple markets, brands, and languages from a single, customizable hub Hyper-personalization: Gives businesses the ability to model and deliver experiences based on profiles and segmentation data. Recent Insider Transactions • Feb 09
Insider recently sold ₹16m worth of stock On the 1st of February, Anant Adya sold around 10k shares on-market at roughly ₹1,564 per share. This transaction amounted to 20% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹122m more than they bought in the last 12 months. Reported Earnings • Jan 14
Third quarter 2023 earnings: EPS exceeds analyst expectations Third quarter 2023 results: EPS: US$0.19 (up from US$0.18 in 3Q 2022). Revenue: US$4.66b (up 9.6% from 3Q 2022). Net income: US$800.0m (up 3.4% from 3Q 2022). Profit margin: 17% (down from 18% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.4%. Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 10% growth forecast for the IT industry in India. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth. Ankündigung • Dec 08
Infosys Limited to Report Q3, 2023 Results on Jan 12, 2023 Infosys Limited announced that they will report Q3, 2023 results at 4:00 PM, Indian Standard Time on Jan 12, 2023 Recent Insider Transactions • Nov 17
Insider recently sold ₹1.6m worth of stock On the 11th of November, Sourav Banerjee sold around 1k shares on-market at roughly ₹1,578 per share. This transaction amounted to 2.9% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹37m. Insiders have been net sellers, collectively disposing of ₹151m more than they bought in the last 12 months. Upcoming Dividend • Oct 21
Upcoming dividend of ₹16.50 per share Eligible shareholders must have bought the stock before 27 October 2022. Payment date: 10 November 2022. Payout ratio is a comfortable 58% and this is well supported by cash flows. Trailing yield: 2.2%. Within top quartile of Indian dividend payers (1.6%). Higher than average of industry peers (1.9%). Reported Earnings • Oct 14
Second quarter 2023 earnings: EPS exceeds analyst expectations Second quarter 2023 results: EPS: US$0.18 (up from US$0.17 in 2Q 2022). Revenue: US$4.56b (up 14% from 2Q 2022). Net income: US$748.0m (up 2.0% from 2Q 2022). Profit margin: 16% (down from 18% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.4%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 10% growth forecast for the IT industry in India. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • Sep 16
Insider recently sold ₹9.2m worth of stock On the 12th of September, Sunil Senan sold around 6k shares on-market at roughly ₹1,536 per share. This transaction amounted to 42% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹123m more than they bought in the last 12 months. Reported Earnings • Jul 26
First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2023 results: EPS: US$0.16 (down from US$0.17 in 1Q 2022). Revenue: US$4.44b (up 18% from 1Q 2022). Net income: US$689.0m (down 2.1% from 1Q 2022). Profit margin: 16% (down from 19% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) missed analyst estimates by 4.7%. Over the next year, revenue is forecast to grow 9.6%, compared to a 13% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • Jun 17
Insider recently sold ₹4.3m worth of stock On the 14th of June, Sunil Senan sold around 3k shares on-market at roughly ₹1,423 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹4.5m. Insiders have been net sellers, collectively disposing of ₹265m more than they bought in the last 12 months. Upcoming Dividend • May 24
Upcoming dividend of ₹16.00 per share Eligible shareholders must have bought the stock before 31 May 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 58% and this is well supported by cash flows. Trailing yield: 2.2%. Within top quartile of Indian dividend payers (1.6%). Higher than average of industry peers (1.8%). Recent Insider Transactions • May 19
Insider recently sold ₹4.5m worth of stock On the 12th of May, Hemant Lamba sold around 3k shares on-market at roughly ₹1,486 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹27m. Insiders have been net sellers, collectively disposing of ₹339m more than they bought in the last 12 months. 
