SCOPE OF PRESENTATION

 ECONOMY OVERVIEW
 I T SECTOR INDUSTRY OVERVIEW
 INFOSYS –BACKGROUND
 INFOSYS COMPANY ANALYSIS
ECONOMIC
ANALYSIS
INDIAN ECONOMY
 India is 19
th
largest exporter and 10
th
largest
importer in the world.
 Economy slowed down to around 5.0 % for the
fiscal year 2012-13, compared with 6.2% in the
previous fiscal.
 In order to control the fall in rupee, the govt.
introduce capital control by both corporate and
individual.
 The Government has forecasted a growth rate
of 6.1% - 6.7% for the year 2013-14.



CONTRIBUTION OF IT
INDUSTRIES IN INDIAN
ECONOMY
 The IT Industry has increased its contribution to
Indian GDP from 1.2% in FY1998 to 7.5% in
FY2012.
 According to NASSCOM, the IT Sector aggregates
revenue of US$ 85-87 billion in the fiscal year ending
2014.
 Exports contribute around 75% of total revenue of IT
sector in India.
 As US$ is becoming strong the IT industry is more
benefited.
 Indian IT sector fortunes look strong aimd
improvement in global economies such as US, UK &
Europe along with a huge fall in home currency.

INDUSTRY
ANALYSIS
INDUSTRY ANALYSIS
INDUSTRY ANALYSIS LOOKS AT:
 PAST SALES AND EARNING
PERFORMANCE
 LABOUR CONDITIONS WITHIN THE
COUNTRY
 ATTITUDE OF GOVT TOWARDS INDUSTRY
 COMPETITIVE CONDITION
 STOCK PRICES OF FIRM IN INDUSTRY
Cont…
 The Indian IT - ITeS industry has made
significant progress during the last decades.
According to The National Association of
Software and Services Companies
(NASSCOMM).
 The IT & ITes sector includes IT services,
engineering design and R&D services, ITES
(IT-enabled services) or BPO and hardware.

Factors leading to growth in the
IT/ITes sector are:
 Low operating costs and tax advantage.
 Favourable government policies.
 Technically qualified personnel easily available in the
country.
 Rapid adoption of IT technologies in major sectors as
Telecom, Manufacturing .
 Strong growth in export demand from new verticals
and non-traditional sectors as public sector, media
and utilities.




Firm Revenues
Employee
s
Fiscal
Year
Headquarters
Tata Consultancy
Services
$11.57
billion
254,076 2012 Mumbai
Cognizant
Technology
Solutions
$7.05 billion 185,045 2012
Teaneck, New
Jersey
Infosys $6.69 billion 153,761 2012 Bangalore
Wipro $5.73 billion 140,569 2012 Bangalore
HCL
Technologies
$4.3 billion 85,335 2012 Noida
"Big Five" IT services companies
INFOSYS
BACKGROUND
INTRODUCTION
 Infosys was co-founded in 1981 by N. R.
Narayana Murthy, Nandan Nilekani, N. S.
Raghavan, S. Gopalakrishnan, S. D. Shibulal,
K. Dinesh and Ashok Arora after they resigned
from Patni Computer Systems. The company
was incorporated as "Infosys Consultants Pvt
Ltd." with a capital of Rs 10000 (roughly $250)
in Model Colony, Pune as the registered office
and signed its first client, Data Basics
Corporation, in New York. In 1983, the
company's corporate headquarters was
relocated to Bangalore.
CONT…
 Change in name: It changed its name to
"Infosys Technologies Private Limited" in April
1992 and to "Infosys Technologies Limited"
when it became a public limited company in
June 1992. It was later renamed to "Infosys
Limited" in June 2011
ABOUT INFOSYS
 Today Infosys is a global leader in the ‘next
generation’ of IT and consulting with revenues
of $6.35 billion (LTM Q1 – FY12)
 Infosys defines, designs and delivers
technology – enabled business solutions that
help Global 2000 companies win in a Flat
World.
 Infosys also provides a complete range of
services by leveraging their domain and
business expertise and strategic alliance with
leading technology providers.
CONT…
 Infosys’s offerings span business and
technology consulting, application services,
system integration, product engineering, re –
engineering, independent testing and
validation services, IT infrastructure services
and business process outsourcing.
 Infosys pioneered the Global Delivery Model
(GDM), which emerged as a disruptive force in
the industry leading to the rise of offshore
outsourcing.
CONT…
 Infosys takes pride in building strategic long
term client relationships.
 Over 97% of their revenues come from
existing customers.
 Infosys has global presence through its 50
offices and development centers spread
across India, China, Australia, Poland, UK,
Canada and Japan.
 Infosys and its subsidiaries have 1,33,560
employees as on June 30,2011.
CONT…
 Software Engineering and Technology Labs
(SETLabs) is the research arm of Infosys – it is
at the forefront of anticipating and shaping the
evolution of technology and its impact on
business.
AWARDS
 Infosys won Platinum Award in The Asset
Corporate 2010 Awards.
 Infosys won the RMMR ‘Best in Show’ award for
the third year in a row.
 Infosys among Top 20 Global Companies to win
the Most Admired knowledge Enterprises (MAKE)
Award, 2010.
 Infosys BPO won ‘BPO Organization of the Year’
and ‘Fun at Work’ awards from Stars of the
Industry Opens.
 It also won American Society for Training and
Development (ASTD) award for excellence in
inclusivity.


Executive Chairman N R Narayana Murthy
Independent Director K V Kamath
Managing Director & CEO S D Shibulal
Executive Vice Chairman S Gopalakrishnan
Director Omkar Goswami
David L Boyles
Jeffrey S Lehman
Whole-time Director Srinath Batni
Director R Seshasayee
Ravi Venkatesan
Ann M Fudge
Whole-time Director B G Srinivas

Board Of Directors…

PRODUCTS &
SERVICES
 IT SERVICES
 ENGINEERING SERVICES
 BPO SERVICES

COMPANY
ANALYSIS
KEY FINANCIALS RATIOS
RATIOS 2013 2012 2011
DEBT-
EQUITY
RATIO
0 0 0
CURRENT
RATIO
4.8 : 1 4.7 :1 4.6 : 1
FIXED
ASSETS
4.8 4.4 3.8
DEBTORS 6.3 6.5 6.8
ROCE, EPS & P/E RATIOS
0
20
40
60
80
100
120
140
160
2013 2012 2011
ROCE
EPS
P/E
DIVIDENDS
YEAR/DATE/DA
Y
DPS DIVIDEND IN % REMARK
2013/OCT/13 20 400 INTERIM
2013/MAY/30 27 540 FINAL
2012/OCT/18 15 300 INTERIM
2012/MAY/24 22 440 FINAL
2012/MAY/24 10 200 SPECIAL
Company
Market Cap
(Rs. in Cr.)
P/E (TTM)
(x)
ROE
(%)
ROCE
(%)
D/E
(x)
TCS
437,377.71 28.58 44.6 53.7 0.00
Infosys
196,878.18 21.53 27.7 37.5 0.00
Wipro
134,684.80 23.21 23.3 25.0 0.23
HCL
Technologies
87,296.85 20.69 44.0 47.1 0.10
Tech
Mahindra
42,844.81 27.42 17.1 16.6 0.33
Comparison with other IT
companies
COMPARISON OF Q1 & Q2
RESULTS
Q1 (in crs) Q2 (in crs) GROWTH %
INCOME 11267 12965 15.1 %
GROSS
PROFIT
3948 3756 16.0 %
OPERATING
PROFIT
2664 2837 6.5 %
NET PROFIT 2374 2407 1.4 %
EPS 41.54 42.12 1.4 %
LATEST NEWS
 Software services firm Infosys released Q3
results on 10 Jan 2014, reported net profit at
Rs. 2875 crore on revenue of Rs. 13026 crore.
 Infosys expectations for Q3 was 9-10% growth
but it beated its own estimates by 19.4%.
 Infosys has announced their yearly
expectations growth of 11.5 -12%.

RECOMMENDATIONS
Based on their Q3 result , the
investors should hold their
investments because there is
future expectations of growth in
share prices.
THANK YOU