Infosys - Strong All-Round Performance; Capitalising Robust Demand To Sustain Growth: Axis Securities
An Infosys Ltd. office building in the Electronic City area of Bengaluru, India. (Photographer Dhiraj Singh/Bloomberg)

Infosys - Strong All-Round Performance; Capitalising Robust Demand To Sustain Growth: Axis Securities

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.

Axis Securities Report

Deal wins for FY21 stood at $14.1 billion, showcasing a growth of 17% YoY and the highest ever in the history of Infosys Ltd.

Revenue growth in FY21 stood industry-leading at 10.7%.

The company also reported healthy expansion in its operating margins on account of higher offshoring, efficient utilisation, lower attrition, and superior service mix.

The company's management has issued a guidance of strong revenue growth of 12%-14% in constant currency terms for FY22 backed by robust deal wins.

It has also guided for operating margin of 22%-24% in FY22, aided mainly by higher offshoring and better service mix.

Click on the attachment to read the full report:

Axis Securities InfosysLtd-AxisAnnualAnalysis .pdf

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