Infosys Limited - FY24 Results & Insights

 Infosys Limited - FY24 Results & Insights

India's second largest Information Technology (MNC) Company - Infosys were announced it's Q4FY24 and Financial year ending 2024 results today. We know that Infosys Limited is a Debt Free and Cash Rich Company in India.

When we look at it's Operating Profit Margin(OPM) by every year, it is beyond 20 Percent always. So that it is managing well it's expenses on Total Revenue. However, it is increasing it's borrowing cost for the past 5 years. 

As on Financial year ending March 2024, the borrowing cost seems Rs.8,359 Crore and the Cash Equivalents were stood at Rs.14,786 Crore. Let's see how it was performed in the last Financial year 2024 (Data below as Consolidated Statement - FY24),

  • FY2024 vs FY2023:

  1. Revenue: Rs.1,53,670 Cr vs Rs.1,46,767 Cr
  2. Operating Profit: Rs.36,425 Cr vs Rs.35,130 Cr
  3. Operating Profit Margin(OPM): 24 % vs 24%
  4. Net Profit:  Rs.26,248 vs Rs.24,108

  • Balance Sheet & Cash Flow: 

  1. Reserves(March 2024): Rs.86,045 Cr
  2. Cash & Cash Equivalents: Rs.14,786 Cr
  3. Free Cash Flow: Rs.23,009 Cr

  •  Capital Allocation Policy:


Effective from Financial Year 2025, the Company expects to continue its policy of returning approximately 85% of the Free Cash Flow cumulatively over a 5-year period through a combination of semi-annual dividends and/or share buyback/ special dividends subject to applicable laws and requisite approvals, if any. Under this policy, the Company expects to progressively increase its annual Dividend Per Share (excluding special dividend if any).

  • Revenue - Segment wise:

 



 

  •  Dividend:


Recommended a final dividend of ₹20/- per equity share for the financial year ended March 31, 2024 and additionally a special dividend of ₹8/- per equity share*.


(*Previous Dividend amount in the FY24:  Rs.18 per Share as interim Dividend)

 

  • Tracking the Profit and Loss Statement (Consolidated):

 


 

  •  AGM and Record Date:


1) The 43rd Annual General Meeting of the Members of the Company will be held on Wednesday, June 26, 2024 (Yet to be announced whether it's physical or Online).

2) The record date for the purpose of the Annual General Meeting and payment of final dividend and special dividend is May 31, 2024. The dividend will be paid on July 1, 2024.

  •  Valuation(as per FY2024 Report):

Infosys Limited is worth between Rs.1024 - 1,280 per share, based on Discounted Cash Flow Method and Rs.1,150 per share based on PE(Price to Earnings) Valuation with expected returns of 12 Percent p.a.

 

 

Kindly share your views / comments with a smile :)

www.richinvestingideas.com



 

 

Comments

Post a Comment

Popular posts from this blog

What's your Earning - A Personal Cash Flow Meter

Image
What's your Earning  - A Personal Cash Flow Meter Earning money, isn't an easy one ? Absolutely, Earning money is an easy one, but it's hard to keep (grow) it. I mean that the Jobs and Earning money are easy on these techie days. Somebody have the value on their Dignity, Prosper and many of us have, earning more (Money) is a big value. Still, few one can make easy and more of them think that, it's hard to earn. Everyone of us, feeling that the rich one have more money and other's can't. But is it a right away to tell ? Not always, many of us hurting their health to make wealth (Money). Even Apple's Steve Jobs had earned a lot and respect too, but the health was not support for him. I am not telling you that, you have to earn more to be Rich (or) Financially Independent . The think is, how you utilize the earnings and to grow, while you have a little money or No job. What you have Earned ? As an individual, he earns  ₹  1,00,000 /- salary per month and spend
Read more

10 Years of TATA Motors Ltd - Financial Statement - Fundamental Insights

Image
10 Years of TATA Motors Ltd - Financial Statement - Fundamental Insights   Tata Motors Limited is a leading global automobile manufacturer and India's second largest company in Automotive segment next to Maruti Suzuki. It is the part of Tata Group, an Indian multi-national conglomerate which provides its products and services on Buses, Cars, Defense Vehicles, Sports utility vehicles, Trucks and other related automotive in it's segment. It is noteworthy that Tata Motors bought the famous and iconic brands Jaguar and Land Rover in the year 2008, from the Ford Company. Tata Motors is the leading player in the Commercial vehicle segment with a market share of around 45 Percent as per the FY2022. It is also said to be a Market leader in the EV segment with a market share of around 87 Percent in the year FY22 in India. The company's last dividend was declared in the year 2016 for the Financial year 2015-16 with an amount of Rs. 0.20 per Share. Tata Motors Ltd is trading in the In
Read more

Infosys reported a net profit of Rs.5,945 Crore in Q1FY24 - Quarterly Results

Image
 Infosys reported a net profit of Rs.5,945 Crore in Q1FY24 - Quarterly Results   Infosys Limited - India's second largest IT Company after TCS, recently reported it's first quarterly results for the Financial year 2023-24. In the said April - June quarter, the company's revenue was Rs.37,933 Crore and the expenditure is said to be Rs.28,869 Crore as well. The Operating Profit were stood at Rs.9,064 Crore and the Operating Profit Margin(OPM) of 24 Percent in the First quarter of FY2024. It is noteworthy that the average of Quarterly OPM's are above 24 Percent for Infosys Limited. As other income, the company earned Rs.561 Crore in the June Q1 results.   Profit Before Tax(PBT) were stood at Rs.8,362 Crore and the bottom line which was the Net Profit is said to be Rs.5,945 Crore. As compared to the previous year's June quarter 2022-23, the current revenue has grown by 10 Percent and the Net Profit has also grown by 11 Percent. In the Past, the EPS was stood at Rs.12.74
Read more