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Infosys Technologies

BSE: 500209 NSE: INFOSYSTCH
ISIN: INE009A01021
Industry : Computers - Software

Balance Sheet ------------------- in Rs. Cr. -------------------
Mar '03 Mar '04 Mar '05 Mar '06 Mar '07

12 mths 12 mths 12 mths 12 mths 12 mths

Sources Of Funds
Total Share Capital 33.12 33.32 135.29 138 286
Equity Share Capital 33.12 33.32 135.29 138 286
Share Application Money 0 0 0 0 0
Preference Share Capital 0 0 0 0 0
Reserves 2,827.53 3,220.11 5,106.44 6,759.00 ###
Revaluation Reserves 0 0 0 0 0
Networth 2,860.65 3,253.43 5,241.73 6,897.00 ###
Secured Loans 0 0 0 0 0
Unsecured Loans 0 0 0 0 0
Total Debt 0 0 0 0 0
Total Liabilities 2,860.65 3,253.43 5,241.73 6,897.00 ###
Mar '03 Mar '04 Mar '05 Mar '06 Mar '07

12 mths 12 mths 12 mths 12 mths 12 mths

Application Of Funds
Gross Block 1,273.31 1,570.23 2,182.72 2,837.00 3,889.00
Less: Accum. Depreciation 577.15 803.41 1,005.82 1,275.00 1,739.00
Net Block 696.16 766.82 1,176.90 1,562.00 2,150.00
Capital Work in Progress 76.56 203.48 317.52 571 957
Investments 33.2 1,027.38 1,328.70 876 839
Inventories 0 0 0 0 0
Sundry Debtors 512.14 632.51 1,252.82 1,518.00 2,292.00
Cash and Bank Balance 206.7 338.69 268.15 544 680
Total Current Assets 718.84 971.2 1,520.97 2,062.00 2,972.00
Loans and Advances 909.59 868.75 1,030.29 1,308.00 1,241.00
Fixed Deposits 1,129.53 1,299.32 1,213.39 2,735.00 4,827.00
Total CA, Loans & Advances 2,757.96 3,139.27 3,764.65 6,105.00 9,040.00
Deffered Credit 0 0 0 0 0
Current Liabilities 315.25 560.44 578.56 808 1,162.00
Provisions 387.98 1,323.08 767.48 1,409.00 662
Total CL & Provisions 703.23 1,883.52 1,346.04 2,217.00 1,824.00
Net Current Assets 2,054.73 1,255.75 2,418.61 3,888.00 7,216.00
Miscellaneous Expenses 0 0 0 0 0
Total Assets 2,860.65 3,253.43 5,241.73 6,897.00 ###

80 -42.05 -2.84 488.02 289.41 Company Name Last Price Change % ChangeNet Sales Infosys 1.432.Contingent Liabilities 101.87 523 670 Book Value (Rs) 431.85 ### .73 250.29 195.66 197.2 193.

134.69 4.00 Extra-ordinary items -1.88 1.93 1.5 0.00 Total Value Addition 2.00 Interest 0.79 1.859.859.67 240.157.133.022.00 Selling and Admin Expenses 418.8 1.167.158.702.519.37 2.243.00 8.783.00 ### Expenditure Raw Materials 6.43 1.3 110.701.93 1.75 0.53 Miscellaneous Expenses 49.89 6.46 9.12 2. ------------------- Mar '03 Mar '04 Mar '05 Mar '06 Mar '07 12 mths 12 mths 12 mths 12 mths 12 mths Income Sales Turnover 3.00 649 Corporate Dividend Tax 12.45 9.050.760.17 174 102 Per share data (annualised) .86 697.135.47 792 1.38 499.724.35 3.00 8.470.15 773.49 1.226.84 120.724.347.9 268.68 2.00 Preference Dividend 0 0 0 0 0 Equity Dividend 178.26 35.5 42.63 1. Cr.00 ### Other Income 75.75 1.09 1 1 PBDT 1.72 172.51 156.40 2.172.038.00 Depreciation 188.274.49 325.67 31.00 6.59 0 -5 PBT (Post Extra-ord Items) 1.17 563.2 62 88 Employee Cost 1.13 13.498.36 4.290.00 Mar '03 Mar '04 Mar '05 Mar '06 Mar '07 12 mths 12 mths 12 mths 12 mths 12 mths Operating Profit 1.00 PBDIT 1.00 ### Excise Duty 0 0 0 0 0 Net Sales 3.176.79 144 379 Stock Adjustments 0 0 0 0 0 Total Income 3.00 4.272.901.84 117.00 4.61 7.99 3.990.47 1.343.622.032.028.49 -4.38 2.91 6.Profit & Loss account ------------------.47 2.421.760.5 227.22 409 469 Other Written Off 0 0 0 0 0 Profit Before Tax 1.348.89 6.20 2.12 2.349.028.326.53 4.96 2.497.584.72 40.316.00 4.25 4.in Rs.225.81 862.229.09 2.533.46 309.00 Tax 199.183.605.90 3.130.66 9.367.44 3.47 Preoperative Exp Capitalised 0 0 0 0 0 Total Expenses 2.470.3 303 352 Reported Net Profit 957.00 3.604.622.46 6.878.49 4.6 28.00 4.923.698.238.90 3.66 9.677.00 4.904.95 230.69 4.00 Other Manufacturing Expenses 175.55 16 22 Power & Fuel Cost 22.

755.59 70.41 .2 193.73 250.61 186.41 2.00 230 900 230 Book Value (Rs) 431.Shares in issue (lakhs) 662.10 Earning Per Share (Rs) 144.23 Equity Dividend (%) 540 2.29 195.71 2.86 66.705.590.38 87.43 666.84 488.712.55 5.

48 -580.7 2237 3256 Net Cash (used in)/from Investing Activities -153.in Rs.Cash Flow ------------------.97 -94.01 -939. Cr.4 1683.51 1839.88 -392 -1065 Net Cash (used in)/from Financing Activities-151.49 2724 4129 Net Cash From Operating Activities 915.55 200.08 3779 5650 . ------------------- Mar '03 Mar '04 Mar '05 Mar '06 Mar '07 12 mths 12 mths 12 mths 12 mths 12 mths Net Profit Before Tax 1158.1 244 -316 Net (decrease)/increase In Cash and Cash Equivalents 611.93 1470.96 1638.96 1633.47 2184.89 -156.51 1839.4 1683 3779 Closing Cash & Cash Equivalents 1638.32 2096 1871 Opening Cash & Cash Equivalents 1026.97 1359.41 -1332.

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43 1.17 174 102 Per share data (annualised) Shares in issue (lakhs) 662.533.183.00 Selling and Admin Expenses 418.347.36 4.5 42.10 Earning Per Share (Rs) 144.172.00 Total Value Addition 2.783.157.859.55 16 22 Power & Fuel Cost 22.421.701.66 9.755.622.00 Tax 199.022.2 193.12 2.724.72 172.038.9 268.69 4.68 2.38 499.47 2.316.00 ### Other Income 75.238.09 1 1 PBDT 1.470.75 1.41 .81 862.00 Extra-ordinary items -1.604.00 ### Excise Duty 0 0 0 0 0 Net Sales 3.61 7.3 110.470.84 120.702.225.89 6.050.93 1.46 309.44 3.028.00 649 Corporate Dividend Tax 12.5 227.75 0.67 240.158.134.95 230.90 3.49 -4.243.45 9.53 Miscellaneous Expenses 49.23 Equity Dividend (%) 540 2.130.923.37 2.00 6.677.229.63 1.698.09 2.00 4.724. ------------------.99 3.66 9.290.69 4.51 156.79 144 379 Stock Adjustments 0 0 0 0 0 Total Income 3.00 Preference Dividend 0 0 0 0 0 Equity Dividend 178.760.15 773.343.348.990.47 792 1.53 4.17 563.498.00 8.622.326.6 28.88 1.22 409 469 Other Written Off 0 0 0 0 0 Profit Before Tax 1.72 40.46 6.2 62 88 Employee Cost 1.49 325.93 1.86 697.59 0 -5 PBT (Post Extra-ord Items) 1.032.584.226.89 6.00 4.46 9.00 Interest 0.86 66.in Rs.96 2.55 5.38 2.20 2.904.40 2.028.8 1.705.84 117.00 Other Manufacturing Expenses 175.35 3.878.13 13.497.367.167.12 2.49 1.176. ------------------- Mar '03 Mar '04 Mar '05 Mar '06 Mar '07 12 mths 12 mths 12 mths 12 mths 12 mths Income Sales Turnover 3.605.41 2.29 195.25 4.26 35.272.760.79 1.00 4.73 250.71 2.49 4.00 PBDIT 1.00 8.61 186.712.590.274.00 Depreciation 188.135.859.47 1.38 87.84 488.349.5 0.47 Preoperative Exp Capitalised 0 0 0 0 0 Total Expenses 2.43 666.67 31.519.90 3.00 230 900 230 Book Value (Rs) 431.00 ### Expenditure Raw Materials 6. Cr.59 70.3 303 352 Reported Net Profit 957.133.00 Mar '03 Mar '04 Mar '05 Mar '06 Mar '07 12 mths 12 mths 12 mths 12 mths 12 mths Operating Profit 1.00 4.901.00 3.00 4.91 6.

00586 0.00634 Employee Cost 0.46405 0.00177 0.00522 0.00603 0.10499 0.09811 0.00624 0.49725 0.48034 0.01335 0.09754 Miscellaneous Expenses 0.01015 .00687 0.04849 0.08214 0.08568 0.47560 Other Manufacturing Expenses0.08773 0.00182 Power & Fuel Cost 0.00192 0.00657 0.47342 0.10163 0.00669 0.Expenditure Mar '03 Mar '04 Mar '05 Mar '06 Mar '07 Average Raw Materials 0.07338 Selling and Admin Expenses 0.00198 0.01371 0.11549 0.07989 0.46295 0.00167 0.00178 0.05045 0.01190 0.

03 Government policy 0.09 0.05 Innovation 0.38 0.25 0.2 0.29 Economic Growth 0.15 0.2 0.4 0.03 Domestic market 0.2 0.3 .22 0.1 Western Eouropian market 0.37 Total Growth 37.Trrigers Probability Growth Relative growth Financial Service sector 0.08 Total Relative growth 0.15 0.25 0.

10 5.89 2417.94 884.46 980.712.10 5.71 Employee Cost 6.11 215.712.96 EBIDTA 6571.59 EBDTA 6569.95 11406.94 45.94 9020.22 62.37 1.46 Selling and Admin Expenses 1.24 251.050.53 12385.5 Miscellaneous Expenses 156.028.74 Enterprise value Err:522 Err:522 ### .56 34033.10 EPS Err:522 Err:522 147.31 Other Manufacturing Expenses 1.32 Raw Materials 22 32.53 1760.712.01 8136.59 345.00 ### 18053.19 Depriciation 469 643.9 EBT 5926.00 1324.80 P/E ratio Err:522 Err:522 9.31 11789.43 157.37 714.05 Share price(Rs) 1.42 12387.58 24787.10 5.00 8586.432.95 8307.41 11171.61 22626.89 2.09 Power & Fuel Cost 88 114.82 Other income 379 520.63 16479. 1 2 3 4 Year 2006 2007 2008 2009 2010 Net Sales 9.82 PAT Err:522 Err:522 8399.44 Total Expenses 12002.47 183.82 1818.46 No of shares (in lakhs) 5.13 1213.290.78 Interest 1 1.98 2497.712.316.7 3319.01 16186.29 Tax Err:522 Err:522 2771.32 9022.5 Gross profit 6050.

00 .210.000. ### 571.eg.00 78.