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INFY - Fundamental Analysis: Financial Health & Valuation

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Rating: 4.3

Last Updated Time : 02 Feb 26, 01:17 pm

Fundamental Rating: 4.3

Stock Code INFY Market Cap 6,71,071 Cr. Current Price 1,654 ₹ High / Low 1,924 ₹
Stock P/E 23.4 Book Value 179 ₹ Dividend Yield 2.60 % ROCE 40.6 %
ROE 30.3 % Face Value 5.00 ₹ DMA 50 1,615 ₹ DMA 200 1,588 ₹
Chg in FII Hold 0.19 % Chg in DII Hold -0.38 % PAT Qtr 8,202 Cr. PAT Prev Qtr 7,718 Cr.
RSI 53.7 MACD 13.2 Volume 67,30,007 Avg Vol 1Wk 83,21,174
Low price 1,307 ₹ High price 1,924 ₹ PEG Ratio 3.67 Debt to equity 0.05
52w Index 56.3 % Qtr Profit Var 29.0 % EPS 67.5 ₹ Industry PE 23.9

💹 Core Financials: Infosys demonstrates strong fundamentals with ROE at 30.3% and ROCE at 40.6%, highlighting efficient capital allocation. Quarterly PAT rose from ₹7,718 Cr. to ₹8,202 Cr., showing consistent earnings growth. Debt-to-equity ratio of 0.05 indicates a virtually debt-free structure, ensuring financial resilience. Dividend yield of 2.6% reflects steady shareholder returns, supported by robust cash flows.

📊 Valuation Indicators: Current P/E of 23.4 is in line with the industry average of 23.9, suggesting fair valuation. P/B ratio (~9.2) is relatively high, reflecting premium pricing for quality. PEG ratio of 3.67 indicates limited growth-adjusted value. Intrinsic value analysis suggests the stock is moderately priced, with little margin of safety at current levels.

🏢 Business Model & Competitive Advantage: Infosys is a global IT services leader, specializing in consulting, digital transformation, and outsourcing. Its competitive advantage lies in strong client relationships, diversified offerings, and investments in AI, cloud, and automation. The company benefits from scale, brand reputation, and recurring revenue streams, ensuring long-term sustainability.

📈 Entry Zone: Technical indicators (DMA 50: ₹1,615, DMA 200: ₹1,588, RSI: 53.7) suggest an attractive entry zone between ₹1,550–₹1,600. Investors may accumulate gradually in this range for long-term gains.

🕰️ Long-Term Holding Guidance: Infosys remains a strong long-term compounder with excellent return metrics, low debt, and consistent dividends. While valuations are not deeply undervalued, its industry leadership and growth prospects justify holding for wealth creation.

Positive

  • High ROE (30.3%) and ROCE (40.6%)
  • Debt-free balance sheet (Debt-to-equity: 0.05)
  • Consistent dividend yield of 2.6%
  • Quarterly profit growth of 29%

Limitation

  • High P/B ratio (~9.2) indicates premium valuation
  • PEG ratio of 3.67 suggests limited growth-adjusted value
  • Trading volumes slightly below weekly average

Company Negative News

  • Decline in DII holdings (-0.38%)
  • Concerns over global IT spending slowdown

Company Positive News

  • Increase in FII holdings (+0.19%)
  • Strong quarterly PAT growth
  • Expansion in AI and cloud services

Industry

  • IT services sector resilient with digital transformation demand
  • Industry P/E at 23.9, aligned with Infosys valuation
  • Global outsourcing trends support long-term growth

Conclusion

Infosys is financially strong with excellent return ratios and minimal debt. Valuation is fair but not deeply discounted, making it suitable for long-term investors seeking stability and steady compounding. Accumulation is recommended in the ₹1,550–₹1,600 range for optimal entry.

Would you like me to also create a peer comparison HTML report with TCS and Wipro to highlight Infosys’ relative strengths and weaknesses?

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