Infosys Ltd.

Financial

	Infosys	HCL Tech.	Wipro
Operational Metrics
IT
Constant Currency Growth - YoY	3.8 %	3.7 %	-2.3 %
Constant Currency Growth - BFSI	5.6 %	n/a	-3.5 %
Constant Currency Growth - Healthcare	-7.9 %	n/a	3.5 %
Constant Currency Growth - Consumer Business	0.4 %	n/a	-5.7 %
Constant Currency Growth - Energy	6.4 %	n/a	-2.4 %
Constant Currency Growth - Technology	1.7 %	n/a	-0.3 %
Constant Currency Growth - Manufacturing	12.2 %	n/a	-2.4 %
Constant Currency Growth - Communications	4.0 %	n/a	-0.3 %
Constant Currency Growth - YoY - Others	-15.3 %	n/a	n/a
Net Sales by Employee Cost	1.85 .	1.72 .	1.65 .
Unclassified
R&D as a % of Total Sales	0.62 %	1.5 %	0.48 %
Financials
5 yr Average ROE	28.86 %	22.22 %	16.75 %
5yr average Equity Multiplier	1.54	1.44	1.55
5yr Average Asset Turnover Ratio	1.08	1.04	0.75
5yr Avg Net Profit Margin	17.46 %	14.87 %	14.49 %
Price to Book	6.27	5.41	3.07
P/E	22.03	22.21	18.77
5yr Avg Cash Conversion Cycle	68.69 Days	-1006.33 Days	-6665.61 Days
Inventory Days	0.0	0.58 Days	0.54 Days
Days Receivable	68.69 Days	80.08 Days	47.78 Days
Days Payable	0.0	792.38 Days	4265.49 Days
5yr Average Interest Coverage Ratio	115.28	43.68	19.8
5yr Avg ROCE	36.24 %	27.37 %	19.83 %
5yr Avg Operating Profit Margin	24.88 %	23.32 %	20.28 %
5 yr average Debt to Equity	0.0	0.04	0.19
5yr CAGR Net Profit	6.66 %	9.31 %	4.0 %
5yr Average Return on Assets	18.7 %	15.42 %	10.82 %
Shareholdings
Promoter Holding	14.61 %	60.81 %	72.66 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	1.5 %	0.09 %	-0.34 %
Change in Mutual Fund Holding (3 Yrs)	5.88 %	-1.8 %	0.99 %

Business

	Infosys	HCL Tech.	Wipro
Product Wise Break-Up	Product Wise Break-Up Software Services 95.39 Software Services 4.61 Business Process Outsourcing Services 0 Infrastructure Services 0 Software Services 0 Industrial & Engineering Services 0 Modern Application Services 0 Data, Analytics and AI 0 Cloud and Infrastructure Services 0 Digital Operations & Platforms 0 Business Process Services 0	Product Wise Break-Up Cloud and Infrastructure Services 0 Business Processing Outsourcing (BPO) 11.0 Industrial & Engineering Services 0 Data, Analytics and AI 0 Business Process Services 0 Infrastructure 17.0 Digital Operations & Platforms 0 Modern Application Services 0 Software Services 72.0	Product Wise Break-Up Cloud Computing 26.0 Business Process Outsourcing Services 0 Industrial & Commercial 8.0 Data, Analytics and AI 7.0 Business Process Services 0 Infrastructure Services 0 Digital Operations & Platforms 15.0 Modern Application Services 45.0 Software Services 0
Location Wise Break-Up	Location Wise Break-Up North America 56.45 Europe 31.55 Rest of the World 9.12 India 2.88 USA 0 APMEA 0	Location Wise Break-Up Rest of the World 11.9 North America 0 India 0 APMEA 0 Europe 28.3 USA 56.5 Others 3.3	Location Wise Break-Up Rest of the World 0 North America 0 India 0 Asia Pacific/Middle East/Africa 10.78 Europe 25.73 USA 63.48 Others 0.01
Operating Profit Break-Up	Operating Profit Break-Up Financial Services 29.9 Retail 17.01 Energy 14.45 Manufacturing 14.24 Communications 8.85 Hi-Tech 7.72 Healthcare 5.57 HCL software 0 Engineering & R&D Services 0 IT & Business Services 0 Others 2.26	Operating Profit Break-Up Communications 0 Engineering & Capital Goods 18.54 Healthcare 0 Retail 0 Hi-Tech 0 IT Services 68.66 Financial Services 0 Manufacturing 0 HCL software 12.81 Energy 0	-
Verticals	Verticals Financial Services 27.9 Manufacturing 16.09 Energy 13.58 Retail 13.37 Communications 12.06 Hi-Tech 7.8 Healthcare 6.49 0 Public Services 0 Technology & Services 0 Retail & CPG 0 Lifesciences & Healthcare 0 Technology 0 Health Business Unit 0 Energy, Natural Resources and Utilities 0 Communications 0 Consumer Business Unit 0 0 Others 2.71	Verticals Communications 0 Public Sector 8.5 Healthcare 14.5 Telecommunication 13.1 Retail 9.7 Energy, Natural Resources and Utilities 0 Healthcare 0 0 Health Business Unit 0 Hi-Tech 0 Financial Services 21.6 Manufacturing 18.6 Retail 0 Technology 0 Consumer Business Unit 0 Energy 0 Software Services 14.0	Verticals Communications 0 Public Services 0 Lifesciences & Healthcare 0 0 Retail & CPG 0 Energy 17.68 Healthcare 0 Banking & Insurance 33.6 Health and Fitness Services 14.61 Hi-Tech 0 Financial Services 0 Manufacturing 0 Retail 0 Software Services 15.5 Consumer Business 18.61 Energy 0 Technology & Services 0
Onsite vs Offsite	Onsite vs Offsite Onsite 52.1 Offshore 47.9 Offshore Revenue 0 Onsite Revenue 0	-	Onsite vs Offsite Onsite Revenue 40.2 Onsite 0 Offshore 0 Offshore 59.8
Digital vs Core	Digital vs Core Digital services 62.19 Core revenue 37.81	-	-
Client Break-Up	Client Break-Up $1+ Mn 69.53 $10+ Mn 21.8 $50+ Mn 5.85 $100+ Mn 2.82 $20+ MN 0 $5+ Mn 0 Greater Than $1MN 0 Greater Than $3MN 0 Greater Than $5MN 0 Greater Than $10MN 0 Greater Than $20MN 0 Greater Than $50MN 0 Greater Than $75MN 0 Greater Than $100MN 0	Client Break-Up Greater Than $75MN 0 Greater Than $20MN 0 >5M 21.93 >100M 1.2 >10M 13.91 Greater Than $1MN 0 Greater Than $5MN 0 >20M 7.86 Greater Than $50MN 0 >50M 2.95 Greater Than $3MN 0 Greater Than $10MN 0 Greater Than $100MN 0 >1M 52.15	Client Break-Up >75M 1.52 >20M 6.12 $5+ Mn 0 $100+ Mn 0 $10+ Mn 0 >1M 40.68 >5M 15.77 $20+ MN 0 >50M 2.64 $50+ Mn 0 >3M 22.28 >10M 10.1 >100M 0.9 $1+ Mn 0
Contract Type	Contract Type Fixed Price Contracts 52.53 Time & Material 47.47 Time & Material 0 Managed Services & Fixed Price Projects 0 Products 0 Time and materials Products 0 Fixed price and volume based 0	Contract Type Products 0 Time & Material 35.0 Fixed price and volume based 0 Fixed Price Contracts 0 Management & Maintenance services 65.0 Time and materials Products 0	Contract Type Product Revenue 0.33 Time & Material 0 Fixed Price Contracts 51.97 Fixed Price Contracts 0 Managed Services & Fixed Price Projects 0 Time & Material 47.7

Infosys Ltd.

SIGN UP FOR FREE