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Infosys Limited INFY.NS

IN · National Stock Exchange of India · XNSE · stock · Technology · website

Infosys Limited statistics & valuation

Market cap$4.70T
P / E1419.6×
P / FCF1259.8×
Dividend yield0.05%
Net margin16.4%
Return on equity33.9%
FCF margin18.5%
Net cash$1.4B
Enterprise value$48.0B
Earnings yield EBIT/EV0.1%
Return on capital37.4%
Graham number -99.4%$6.59

Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($6.59); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
16.40% 17.10% 16.40% 16.40% 2023202420252026
Gross margin (%)
30.20% 30.10% 30.50% 30.20% 2023202420252026
Operating margin (%)
21.00% 20.70% 21.10% 20.30% 2023202420252026
Return on equity (%)
32.50% 30.00% 28.20% 33.90% 2023202420252026
Shares outstanding
4.05B 4.05B 4.05B 4.05B 2023202420252026
Net debt ($)
-$471.0M -$771.0M -$1.90B -$1.37B 2023202420252026
Share buybacks ($)
$1.40B $0 $0 $2.01B 2023202420252026
Return on assets (%)
19.50% 19.20% 18.10% 20.10% 2023202420252026
Free cash flow margin (%)
13.90% 15.50% 21.20% 18.50% 2023202420252026
Debt / equity (×)
0.11× 0.09× 0.09× 0.10× 2023202420252026
EPS ($)
$0.71 $0.76 $0.76 $0.80 2023202420252026

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Infosys Limited trades at about 1462.4× earnings — below its 10-year norm (10-year range 1477.3×–1973.8×, median 1869.1×).

1462.4× 1973.8×

Shaded band = 10-year range (1477.3×–1973.8×); dot = today's 1462.4×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2026FY2025FY2024FY2023
Gross margin30.2%30.5%30.1%30.2%
Operating margin20.3%21.1%20.7%21.0%
Net margin16.4%16.4%17.1%16.4%
FCF margin18.5%21.2%15.5%13.9%
Return on assets20.1%18.1%19.2%19.5%
Return on equity33.9%28.2%30.0%32.5%
Current ratio1.982.272.311.81

Computed from company filings · IN · as of 2026-03-31. Figures in USD. Facts plus Stocktoria's own computed scores — not investment advice.