Capgemini Losing Share To India Heritage Players: Nirmal Bang
Signage is displayed at Cap Gemini SA’s headquarters in Paris, France. Photographer: Antoine Antoniol/Bloomberg News

Capgemini Losing Share To India Heritage Players: Nirmal Bang

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Nirmal Bang Report

Capgemini’s 2021 revenue growth of guidance 7-9% in constant currency terms is inclusive of an impact of 450 basis points from the acquisition of Altran Technologies (an extra 105 days) and divestiture of Odigo, a business process services business.

Organic growth is therefore 2.5%-4.5%. This is not very different from the 24% organic growth guidance of Accenture for FY21 (compressed transformations to drive upward revision in outlook).

Both seem poised to lose market share to the top India heritage players (Tata Consultancy Services Ltd., Infosys Ltd. and HCL Technologies Ltd.) who we think will post double-digit growth in U.S. dollar revenue in FY22.

Click on the attachment to read the full report:

Nirmal Bang Capgemini-Industry Update 24 February 2021.pdf

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.