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INFY - Fundamental Analysis: Financial Health & Valuation

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Rating: 4.5

Last Updated Time : 04 May 26, 11:18 am

Fundamental Rating: 4.5

Stock Code INFY Market Cap 4,79,294 Cr. Current Price 1,182 ₹ High / Low 1,728 ₹
Stock P/E 16.0 Book Value 199 ₹ Dividend Yield 4.06 % ROCE 45.6 %
ROE 35.7 % Face Value 5.00 ₹ DMA 50 1,310 ₹ DMA 200 1,463 ₹
Chg in FII Hold -1.82 % Chg in DII Hold 2.11 % PAT Qtr 7,975 Cr. PAT Prev Qtr 8,202 Cr.
RSI 35.9 MACD -37.0 Volume 1,34,87,173 Avg Vol 1Wk 1,39,49,961
Low price 1,150 ₹ High price 1,728 ₹ PEG Ratio 1.81 Debt to equity 0.05
52w Index 5.53 % Qtr Profit Var 20.3 % EPS 72.0 ₹ Industry PE 21.6

Financials: Infosys demonstrates strong profitability with ROCE at 45.6% and ROE at 35.7%. EPS of ₹72.0 and quarterly PAT of ₹7,975 Cr. highlight consistent earnings power. Debt-to-equity ratio of 0.05 ensures balance sheet strength.

Valuation: P/E of 16.0 is below industry average (21.6), suggesting undervaluation. PEG ratio of 1.81 indicates fair growth-adjusted pricing. Dividend yield of 4.06% adds to investor appeal.

Business Model: Infosys remains a leader in IT services, leveraging digital transformation demand, global client base, and strong cash flows.

Entry Zone: Attractive entry between ₹1,150–₹1,200 given oversold RSI (35.9) and MACD weakness. Long-term holding is favorable due to strong fundamentals and dividend yield.

Positive

- High ROE (35.7%) and ROCE (45.6%) show efficient capital use

- Strong EPS of ₹72.0 supports valuation

- Dividend yield of 4.06% ensures steady returns

- P/E below industry average indicates undervaluation

Limitation

- RSI at 35.9 and MACD at -37.0 reflect weak momentum

- Quarterly PAT declined from ₹8,202 Cr. to ₹7,975 Cr.

- FII holdings reduced (-1.82%), showing cautious foreign sentiment

Company Negative News

- Marginal decline in quarterly profits

- Weak technical momentum with bearish indicators

Company Positive News

- Strong dividend payouts continue to attract investors

- DII holdings increased (+2.11%), showing domestic confidence

Industry

- IT sector resilient with ongoing digital transformation demand

- Industry P/E at 21.6 highlights Infosys trading at discount

Conclusion

Infosys is fundamentally strong, with efficient capital use, robust profitability, and attractive valuations. Despite short-term technical weakness, the stock offers a compelling entry zone around ₹1,150–₹1,200. Long-term investors can benefit from consistent dividends, strong ROE/ROCE, and sector resilience.

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