Infosys Future Growth

Future criteria checks 2/6

Infosys is forecast to grow earnings and revenue by 8.4% and 7.6% per annum respectively. EPS is expected to grow by 8.7% per annum. Return on equity is forecast to be 30.9% in 3 years.

Key information

8.4%

Earnings growth rate

8.7%

EPS growth rate

IT earnings growth	15.1%
Revenue growth rate	7.6%
Future return on equity	30.9%
Analyst coverage	Good
Last updated	15 Nov 2024

Recent future growth updates

Recent updates

Infosys GAAP EPS of $0.18 in-line, revenue of $4.55B beats by $110M, revises FY guidance

Oct 13

Telenor Norway taps Infosys to modernize IT landscape

Sep 20

Infosys, Spirit AeroSystems form pact to co-develop aerostructure

Sep 07

Infosys: Well-Positioned To Ride Out The Downcycle

Aug 30

Infosys reports mixed Q1 results, raises FY2023 revenue growth outlook

Jul 25

Infosys to acquire tech and consulting firm, BASE life science, collaborates with TK Elevator

Jul 13

Infosys: Investor Meeting Optimistic But Caution Warranted Near Term

Jun 17

Infosys: Robust Performance And A Promising Outlook

Mar 09

Infosys: Well Positioned For Digital Transformation-Led Multi-Year Growth Cycle

Nov 25

The Momentum Investor: Spotlight On Infosys

Oct 20

Infosys: A Statistical Review Of Price Action Into Earnings

Jul 06

Infosys collaborates with Archrock for digital technology integration

Jun 08

Earnings and Revenue Growth Forecasts

NYSE:INFY - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2027	23,041	3,957	3,668	4,208	40
3/31/2026	20,978	3,529	3,317	3,765	52
3/31/2025	19,315	3,134	3,380	3,875	51
9/30/2024	18,836	3,232	3,446	3,671	N/A
6/30/2024	18,659	3,206	3,277	3,500	N/A
3/31/2024	18,562	3,167	2,882	3,148	N/A
12/31/2023	18,552	2,952	2,747	3,042	N/A
9/30/2023	18,547	3,019	2,658	2,979	N/A
6/30/2023	18,385	3,016	2,577	2,906	N/A
3/31/2023	18,212	2,981	2,534	2,853	N/A
12/31/2022	17,937	2,989	2,582	2,890	N/A
9/30/2022	17,530	2,963	2,725	3,032	N/A
6/30/2022	16,973	2,948	2,848	3,158	N/A
3/31/2022	16,311	2,963	3,055	3,345	N/A
12/31/2021	15,644	2,908	3,093	3,353	N/A
9/30/2021	14,908	2,838	3,146	3,396	N/A
6/30/2021	14,222	2,759	3,108	3,407	N/A
3/31/2021	13,561	2,613	2,973	3,258	N/A
12/31/2020	13,145	2,506	2,767	3,089	N/A
9/30/2020	12,873	2,428	2,666	3,035	N/A
6/30/2020	12,770	2,343	2,389	2,764	N/A
3/31/2020	12,780	2,331	2,146	2,611	N/A
12/31/2019	12,642	2,322	2,020	2,510	N/A
9/30/2019	12,386	2,198	1,883	2,345	N/A
6/30/2019	12,099	2,211	1,846	2,261	N/A
3/31/2019	11,799	2,199	1,913	2,262	N/A
12/31/2018	11,545	2,189	1,864	2,194	N/A
9/30/2018	11,313	2,483	1,923	2,241	N/A
6/30/2018	11,119	2,479	N/A	2,244	N/A
3/31/2018	10,939	2,486	N/A	2,257	N/A
12/31/2017	10,703	2,458	N/A	2,289	N/A
9/30/2017	10,499	2,209	N/A	2,179	N/A
6/30/2017	10,358	2,170	N/A	2,291	N/A
3/31/2017	10,208	2,140	N/A	2,099	N/A
12/31/2016	10,085	2,130	N/A	2,114	N/A
9/30/2016	9,942	2,107	N/A	2,041	N/A
6/30/2016	9,746	2,087	N/A	1,969	N/A
3/31/2016	9,501	2,052	N/A	1,862	N/A
12/31/2015	9,214	2,017	N/A	1,276	N/A
9/30/2015	9,024	2,015	N/A	1,411	N/A
6/30/2015	8,834	2,007	N/A	1,636	N/A
3/31/2015	8,711	2,013	N/A	1,756	N/A
12/31/2014	8,644	2,002	N/A	2,373	N/A
9/30/2014	8,526	1,943	N/A	2,202	N/A
6/30/2014	8,391	1,815	N/A	2,050	N/A
3/31/2014	8,249	1,751	N/A	2,003	N/A
12/31/2013	8,095	1,708	N/A	1,829	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: INFY's forecast earnings growth (8.4% per year) is above the savings rate (2.6%).

Earnings vs Market: INFY's earnings (8.4% per year) are forecast to grow slower than the US market (15.5% per year).

High Growth Earnings: INFY's earnings are forecast to grow, but not significantly.

Revenue vs Market: INFY's revenue (7.6% per year) is forecast to grow slower than the US market (9% per year).

High Growth Revenue: INFY's revenue (7.6% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: INFY's Return on Equity is forecast to be high in 3 years time (30.9%)

Infosys Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Infosys Limited Revises Earnings Guidance for the Fiscal Year 2025

Infosys Limited Revises Earnings Guidance for the Fiscal Year 2024

Infosys Limited Provides Earnings Guidance for the Year 2024

Infosys Limited Revises Revenue Guidance for the Fiscal Year 2024

Infosys Limited Increases Revenue Guidance for the Fiscal Year of 2023

Infosys Limited Revises Revenue Guidance for the Fiscal Year of 2023

Recent updates

Infosys Limited Unveils Small Language Models - Infosys Topaz BankingSLM and Infosys Topaz ITOpsSLM - Built on NVIDIA AI Stack

Infosys: Mixed Results And Murky Outlook

Infosys Limited Revises Earnings Guidance for the Fiscal Year 2025

Infosys Limited Declares Interim Dividend, Payable on November 8, 2024

Infosys: Exposed To Western Risks, But A Medium-Term Buy

Infosys: Growth Is At The Inflection Point

Infosys: Still A Buy But Watch These Key Levels For Support

Infosys Is A Hold Considering Guidance And Project Mix

Infosys Limited to Report Q4, 2025 Results on Apr 17, 2025

Infosys in Partnership with the French Tennis Federation Unveils Several AI-First Innovations To Roland-Garros 2024

Infosys Limited, Annual General Meeting, Jun 26, 2024

Infosys Limited (NSEI:INFY) entered into an definitive agreement to acquire in-tech Holding GmbH.

Infosys: This Pullback Can Set Up For A Move Much Higher (Technical Analysis)

Infosys: Quality Large-Cap Levered To An IT Spending Recovery

Infosys Limited (NSEI:INFY) agreed to acquire Insemi Technology Services Pvt. Ltd. for INR 2.8 billion.

Infosys Limited Revises Earnings Guidance for the Fiscal Year 2024

Infosys Fiscal Q3 Earnings Review: Business As Usual, Stock Is A Hold

Infosys Limited Announces CFO Changes

Infosys: AI Prospects Not Ready To Break Consolidation

Infosys: Details On The Stock's Next Move

Infosys Limited Provides Earnings Guidance for the Year 2024

Infosys: Weathering Short-Term Challenges For Long-Term Growth Prospects

Infosys Limited Declares Interim Dividend, Payable on November 6, 2023

Economist Impact and Infosys Launch the Value Chain Navigator to Help Businesses Manage and Mitigate Their Scope 3 Emissions

Infosys Launches Industry Cloud to Catalyse Digital Transformation of the Commercial Airline Industry

Infosys' Attractive Dividend Yield And Cheap Stock

Infosys Limited (NSEI:INFY) Completed the acquisition of Danske IT And Support Services India Private Limited from Danske Bank A/S (CPSE:DANSKE).

Infosys Announces Resignation of Nageswar Cherukupalli, Senior Vice President and Industry Head, Financial Services and Insurance

Infosys Limited Revises Revenue Guidance for the Fiscal Year 2024

Infosys: Staying On The Sidelines

Infosys Limited Approves Final Dividend

Infosys Limited Approves Final Dividend

Infosys: A Top Pick During The Digital Revolution

Infosys Guides To Moderate Growth Amid Client Challenges

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 to Report Q4, 2024 Results on Apr 18, 2024

Infosys Limited Launches Infosys Topaz

Infosys and Microsoft collaborate for rapid industry adoption of cloud

Infosys Limited Announces Executive Changes

Infosys Introduces Infosys Equinox Studio

Infosys: Earnings Beat, Raise Guidance To +16% Sales Growth

Infosys Limited Increases Revenue Guidance for the Fiscal Year of 2023

Infosys: Weakening Macros Keep Me On The Sidelines

Infosys Limited to Report Q3, 2023 Results on Jan 12, 2023

Infosys: Regaining Its Former Glory

Infosys Limited Revises Revenue Guidance for the Fiscal Year of 2023

Infosys GAAP EPS of $0.18 in-line, revenue of $4.55B beats by $110M, revises FY guidance

Infosys President Ravi Kumar S Resigns

Telenor Norway taps Infosys to modernize IT landscape

Infosys Limited to Report Q2, 2023 Results on Oct 13, 2022

Infosys, Spirit AeroSystems form pact to co-develop aerostructure

Infosys: Well-Positioned To Ride Out The Downcycle

Infosys Limited Revises Revenue Guidance for the Fiscal Year 2023

Infosys reports mixed Q1 results, raises FY2023 revenue growth outlook

Infosys Limited to Digitally Re-Imagine Tennis Heritage for the International Tennis Hall of Fame

Infosys to acquire tech and consulting firm, BASE life science, collaborates with TK Elevator

Infosys Limited Approves Final Dividend, Payable on June 28, 2022

Infosys Limited to Report Q1, 2023 Results on Jul 24, 2022

Infosys: Investor Meeting Optimistic But Caution Warranted Near Term

Infosys Limited Announces the Launch of Infosys Cobalt Financial Services Cloud

Infosys Limited Provides Earnings Guidance for the Year 2023

Infosys Limited to Report Q4, 2022 Results on Apr 13, 2022

Infosys: Robust Performance And A Promising Outlook

Infosys Limited Launches Infosys Metaverse Foundry, Service to Accelerate Enterprises' Ability to Evolve and Execute Strategies for Virtual-Physical Interconnections

Infosys Limited Revises Revenue Guidance for the Fiscal Year 2022

Infosys: Well Positioned For Digital Transformation-Led Multi-Year Growth Cycle

The Momentum Investor: Spotlight On Infosys

Infosys Limited Launches Leads and Proposals Solution

Infosys Launches Infosys Springboard to Accelerate Progress on its ESG Goal to Expand Digital Reskilling Initiatives to 10 Million Plus People by 2025