Infosys’s Net Worth 2024

Infosys’s Net Worth- Infosys is a prominent Indian multinational tech and IT company with a net worth of $74 billion. It is renowned for its consulting, outsourcing, and IT services. Infosys stands as one of India’s most successful IT firms, ranking just behind TATA Consultancy Services (TCS). In the global context, it holds the 602nd position among public companies, as per the 2020 Forbes Global 2000 ranking.

Infosys boasts a significant presence and contributes to employment opportunities across India, with a vast service network that attracts numerous employees from diverse regions. Established in 1981 in Pune, Infosys has its headquarters in Bangalore. Impressively, Infosys became the fourth Indian company to surpass $100 billion in market capitalization, reflecting its remarkable growth trajectory and steadily rising share prices.

As of September 22, 2024, Infosys boasts an impressive market capitalization or net worth of $80.42 billion. This valuation underscores the company’s prominent position in the global tech and IT services industry, highlighting its substantial presence and continued growth in the market. Infosys has established itself as a key player with a strong financial footing, contributing significantly to India’s technology sector and the global business landscape.

Infosys’s Net Worth

Infosys, a multinational tech and IT giant based in India, possesses a formidable net worth of $74 billion. This places it among the most influential and prosperous IT companies not only in India but also on the global stage. Infosys offers a wide range of services, including consulting and outsourcing, making it a pivotal player in the technology and information technology (IT) sectors. Its success is further underscored by its ranking, just behind TATA Consultancy Services (TCS), in the Indian IT landscape. Moreover, Infosys has earned recognition on the international front, securing the 602nd position among public companies according to Forbes Global 2000 ranking in 2020.

The company’s expansive service network provides substantial employment opportunities, attracting talent from various parts of the country. Having embarked on its journey in 1981 in Pune, Infosys has since established its headquarters in Bangalore. Impressively, Infosys has crossed the significant milestone of $100 billion in market capitalization, demonstrating its remarkable growth trajectory and the sustained increase in the value of its shares. In summary, Infosys’s net worth exemplifies its stature as a powerhouse in the global tech and IT arena.

Infosys's Net Worth

Infosys’s Net Worth Overview

Name Infosys
Net Worth 2024 $74 Billion
Profession IT Company
Monthly Income And Salary
Category Trending News

 

Infosys Net worth In 2024

Infosys, being a multinational corporation, boasts substantial wealth and resources. To put it in perspective, its total assets amount to $15 billion, with a total equity of $10 billion. It commands a substantial market capitalization, trailing closely behind TCS. Infosys reports a noteworthy net profit of approximately $2.6 billion. With its extensive global workforce, it’s evident that Infosys is indeed a colossal company.

Name Infosys Limited
Net Worth 2024 $80 Billion
Net Worth in Indian Rupees 6.22 Lakh Crore
Net Income: US$2.98 billion
Revenue $18,212 Billion
Total Assets US$14,67 billion
PE Ratio 24.65
Founders: N.r. Narayana Murthy, Nandan Nilekani, S. D. Shibulal, Kris Gopalakrishnan, Ashok Arora, N. S. Raghavan, K. Dinesh
CEO Salil Parekh (2 Jan 2018)
Founded: 2 July 1981, Pune
Number of employees 2,59,619 (2021)
TCS Subsidiaries: Infosys BPM, EdgeVerve, Panaya, Skava, MORE

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Last 5 Years PE Ratio Of Infosys Limited

Date Stock Price TTM Net EPS PE Ratio
February 2024 19.51 27.21
2022-05-20 18.70
2021-12-31 25.31 $0.68 37.22
2021-09-10 22.99 $0.67 35.37
2021-06-30 21.19 $0.65 32.60
2021-03-31 18.53 $0.61 30.37
2020-12-31 16.78 $0.59 28.43
2020-09-30 13.53 $0.57 23.73
2020-06-30 9.46 $0.55 17.20
2020-03-31 7.93 $0.55 14.42
2019-09-30 10.85 $0.51 21.27
2019-03-31 10.28 $0.51 20.36

Inception

Infosys, the renowned tech company with a global and Indian tech market presence, has a journey filled with challenges and triumphs since its inception. Established in 1981 by a group of seven engineers, the company initially began in Pune, Maharashtra, and later relocated to Bangalore, Karnataka. Initially named Infosys Consultants Pvt Ltd, the company underwent several name changes. In 1992, upon becoming a publicly listed entity, it was renamed Infosys Technologies Limited, which was further simplified to Infosys Limited in 2011.

Infosys faced hurdles along the way, notably during its initial public offering (IPO) in 1993, which encountered undersubscription. However, it received support from US Investment bank Morgan Stanley. By the end of the 1990s, the company had grown substantially. It made history by being the only Indian company listed on Nasdaq, with its share prices soaring remarkably. By the close of 1999, Infosys had achieved an annual revenue of $100 million, marking a significant milestone in its journey.

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Infosys Revenue 2024

  • Infosys revenue for the quarter ending June 30, 2023 was $4.650 Billion
  • Infosys revenue for the twelve months ending June 30, 2023 was $18,212 Billion
  • Infosys annual revenue for 2022 was $16.311 Billion
  • Infosys annual revenue for 2021 was $13.561 Billion
  • Infosys annual revenue for 2020 was $12.78 Billion
Year Revenue (Millions of US $)
2023 $18,212
2022 $16,311
2021 $13,561
2020 $12,780
2019 $11,799
2018 $10,939
2017 $10,208
2016 $9,501
2015 $8,711
2014 $8,249
2013 $7,398
2012 $6,994
2011 $6,041
2010 $4,804
2009 $4,663
2008 $4,176
2007 $3,090
2006 $2,152
2005 $1,592

Infosys Total Assets

  • Infosys total assets for the quarter ending December 31, 2021 were $14.673 Billion
  • Infosys total assets for 2021 were $14.825 Billion
  • Infosys total assets for 2020 were $12.26 Billion
  • Infosys total assets for 2019 were $12.252 Billion
2021 $14,825
2020 $12,260
2019 $12,252
2018 $12,255
2017 $12,854
2016 $11,378
2015 $10,615
2014 $9,522
2013 $8,539
2012 $7,537
2011 $7,010
2010 $6,148
2009 $4,369
2008 $4,508
2007 $3,073
2006 $2,066
2005 $1,454

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Evolution

In its initial two decades, Infosys dedicated significant efforts to its growth. However, the real breakthrough came afterward when the company experienced an astonishing rate of expansion. Its shares witnessed a remarkable surge and were even listed on major stock markets. By the close of 2004, Infosys had achieved an impressive annual revenue of $1 billion, and this figure skyrocketed to $10 billion by the end of 2017. The company garnered widespread acclaim, with notable figures like the former British Prime Minister, David Cameron, visiting Infosys headquarters in 2010. His visit, during which he interacted with employees and leaders, served as a significant boost for the company.

Infosys maintains a robust global presence with 82 sales and marketing offices and 123 development centers scattered across the world. Its footprint extends to countries like India, the United States, China, and various other locations. The multinational corporation boasts a diverse and substantial workforce, comprising individuals from different nationalities. With a total employee count of 259,619, nearly 39% of its workforce comprises women, highlighting Infosys’s commitment to diversity and inclusion.

Infosys Net Income

  • Infosys net income for the quarter ending December 31, 2021 was $0.774 Billion
  • Infosys net income for the twelve months ending December 31, 2021 was $2.908 Billion
  • Infosys annual net income for 2022 was $2.963 Billion
  • Infosys annual net income for 2021 was $2.613 Billion
  • Infosys annual net income for 2020 was $2.331 Billion
Year Net Income (Millions of US $)
2022 $2,963
2021 $2,613
2020 $2,331
2019 $2,199
2018 $2,486
2017 $2,140
2016 $2,052
2015 $2,013
2014 $1,751
2013 $1,725
2012 $1,716
2011 $1,499
2010 $1,313

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Achievements

Infosys, being a massive corporation, has amassed numerous accolades and accomplishments over time. However, it’s important to note that the success of a company of Infosys’s magnitude relies on its dedicated workforce and effective leadership. Infosys has secured three awards at the DevOps Industry Awards and also received recognition at the Asset Triple A Asian Awards 2019, showcasing its commitment to excellence and innovation.

FAQ’S

Who is the owner of Infosys?

Mr. Murthy founded Infosys in 1981.

How big is Infosys?

Founded in 1981, Infosys is a globally renowned consulting and IT services firm listed on the NYSE. With a workforce of over 336,000 employees, Infosys has evolved from an initial capital of US$250 to a robust corporation generating US$18.38 billion in revenues in the last twelve months as of Q1 FY24. Its impressive market capitalization now stands at approximately US$67 billion.

How much is Infosys worth in billions?

As of September 2024, Infosys boasts a market capitalization of $74.57 billion, ranking it as the 187th most valuable company globally based on market cap.

What Is Infosys Net Worth In 2024?

As of September 22, 2024, Infosys holds a market capitalization or net worth of $73.42 billion.

What is the price of Infosys IPO?

Infosys conducted its initial public offering (IPO) in February 1993 and got listed on Indian stock exchanges in June 1993. When trading commenced, the opening price per share was Rs. 145, a notable increase from the IPO price of Rs. 95 per share.

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