Key Highlights of Infosys Ltd for Q4FY22 and FY 2021-22

"Infosys delivered highest annual growth in a decade with broad-based performance driven by deeply differentiated digital and Infosys Cobalt led cloud capabilities, powered by 'One Infosys' approach. We continue to gain market share as a result of sustained clients' confidence in our ability to successfully navigate their digital journeys", said Salil Parekh CEO and MD. "With the acceleration of digital disruptions across industries, we see immense potential to engage and partner with clients as they transform, adapt and thrive. We will scale talent globally, invest in employees and accelerate innovation and digital capabilities to capitalize on the expanding market opportunity", he added.

For the quarter ended March 31, 2022

• Revenues in CC terms grew by 20.6% YoY and 1.2% QoQ
• Reported revenues at $4,280 million, growth of 18.5% YoY
• Digital revenues at 59.2% of total revenues, YoY CC growth of 38.8%
• Operating margin at 21.5%, decline of 3.0% YoY
• Basic EPS at $0.18, growth of 9.2% YoY
• FCF at $761 million, decline of 4.8% YoY; FCF conversion at 101.0% of net profit

For the year ended March 31, 2022

• Revenues in CC terms grew by 19.7% YoY
• Reported revenues at $16,311 million, growth of 20.3% YoY
• Digital revenues at 57.0% of total revenues, YoY CC growth of 41.2%
• Operating margin at 23.0%, decline of 1.5% YoY
• Basic EPS at $0.70, growth of 14.3% YoY
• FCF at $3,055 million, growth of 2.8% YoY; FCF conversion at 102.9% of net profit

"In a year marked by intense supply side challenges, Infosys delivered strong financial performance - EPS growth of 15.2%, Free Cash Flows surpassing $3 billion and Return on Equity of 29.1%, reflecting the company's success, driven by client-centricity and rich capabilities. The Board has proposed a final dividend of ₹16 per share, taking the total dividend for FY22 to ₹31 per share, an increase of 14.8% over prior year", said Nilanjan Roy, Chief Financial Officer. "With a robust demand environment ahead, we envisage making appropriate long-term investments in capability building across sales, delivery and innovation. However, we plan to neutralize some of the impact through aggressive cost optimization programs and value led pricing driven by service and brand differentiation. This, along with postpandemic normalization of expenses, is reflected in the margin guidance", he added.

Shares of Infosys Limited was last trading in BSE at Rs. 1748.65 as compared to the previous close of Rs. 1741.45. The total number of shares traded during the day was 201207 in over 10285 trades.

The stock hit an intraday high of Rs. 1759.45 and intraday low of 1732.25. The net turnover during the day was Rs. 351412970.00.

Source : Equity Bulls

Keywords

Infosys INE009A01021 INFY KeyHighlights Q4FY22 FY2022