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Earnings Call

Infosys Earnings Call: Key Takeaways

Infosys reported FY26 revenue of $20bn with 3.1% CC growth and 21% operating margins. Management emphasized AI transformation via Topaz and Cobalt platforms.

Highlights
Revenue growthFY26: 3.1% CC; Q4: 4.1% YoY. FY27 Guidance: 1.5%-3.5%.
MarginsFY26 at 21%; FY27 guidance range 20%-22%.
Order bookFY26 TCV at $15bn; 55% net new deals.
Demand visibilityConstructive in BFSI and EURS; cautious in Manufacturing and Communications.
Management confidenceHigh in AI services and market positioning despite macro headwinds.

Growth

FY26 revenue grew 3.1% CC; Q4 grew 4.1% YoY. Large deals reached record $14.9bn for full year.

Outlook

FY27 revenue guidance set at 1.5%-3.5% CC growth. Operating margin guidance maintained at 20%-22%.

Risks

Cautious client spending, geopolitical tensions, and AI-led deflationary impacts on traditional IT services portfolios.

Source

Earnings Call filed with BSE, NSE: INFY. Summary written with AI assistance from the document.

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Infosys Ltd: key numbers

Share price
₹1,000.20
Market cap
₹4,05,909 Cr
Revenue (annual)
₹1,78,650 Cr
Net profit (annual)
₹29,440 Cr
P/E (TTM)
13.4×Sector 22.1×
Promoter holding
13.82%-0.56% QoQ
FII holding
27.09%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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