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INFY - Fundamental Analysis: Financial Health & Valuation

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Rating: 4.4

Last Updated Time : 19 Mar 26, 07:10 pm

Fundamental Rating: 4.4

Stock Code INFY Market Cap 5,14,167 Cr. Current Price 1,267 ₹ High / Low 1,728 ₹
Stock P/E 17.9 Book Value 179 ₹ Dividend Yield 3.39 % ROCE 40.6 %
ROE 30.3 % Face Value 5.00 ₹ DMA 50 1,412 ₹ DMA 200 1,525 ₹
Chg in FII Hold 0.19 % Chg in DII Hold -0.38 % PAT Qtr 8,202 Cr. PAT Prev Qtr 7,718 Cr.
RSI 33.1 MACD -58.2 Volume 1,28,14,349 Avg Vol 1Wk 1,06,25,008
Low price 1,215 ₹ High price 1,728 ₹ PEG Ratio 2.81 Debt to equity 0.05
52w Index 10.2 % Qtr Profit Var 29.0 % EPS 67.5 ₹ Industry PE 20.9

📊 Core Financials

  • Revenue Growth: Quarterly PAT rose to ₹8,202 Cr from ₹7,718 Cr
  • Profit Margins: Strong with ROE at 30.3% and ROCE at 40.6%
  • Debt Ratios: Very low (Debt-to-Equity 0.05) ensuring stability
  • Cash Flows: Healthy, supported by dividend yield of 3.39%
  • Return Metrics: Excellent capital efficiency

💹 Valuation Indicators

  • P/E Ratio: 17.9 (below industry average of 20.9, undervalued)
  • P/B Ratio: ~7.1 (Price ₹1267 / Book Value ₹179)
  • PEG Ratio: 2.81 (slightly high, growth priced in)
  • Intrinsic Value: Attractive compared to peers

🏢 Business Model & Competitive Advantage

  • Global IT services leader with diversified offerings in consulting, digital, and cloud
  • Strong client base across industries with brand recognition
  • Operational excellence reflected in superior ROCE and ROE

📈 Entry Zone Recommendation

  • Current Price: ₹1,267
  • Support Zone: ₹1,215 – ₹1,250 (RSI at 33.1 indicates oversold)
  • Long-term Holding: Strong fundamentals, dividend yield, and low debt make it a solid hold

✅ Positive

  • High profitability and return ratios
  • Low debt ensures resilience
  • Dividend yield enhances investor returns

⚠️ Limitation

  • PEG ratio indicates growth premium already priced
  • Stock trading below DMA 50 and DMA 200 shows weak momentum

📉 Company Negative News

  • Decline in DII holdings (-0.38%) reflects cautious domestic sentiment
  • Technical indicators (MACD negative, RSI low) suggest bearish short-term trend

📈 Company Positive News

  • Quarterly profit growth of 29% highlights strong performance
  • FII holdings increased (+0.19%), showing foreign investor confidence

🌐 Industry

  • IT services sector remains strong with digital transformation demand
  • Industry P/E at 20.9 highlights Infosys trading at a discount

🔎 Conclusion

Infosys shows robust fundamentals with strong profitability, low debt, and attractive valuations compared to industry peers. Despite short-term technical weakness, the stock offers a good entry opportunity around ₹1,215–₹1,250 for long-term investors. Dividend yield and global positioning make it a reliable wealth creator over time.

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