Company: Infosys Ltd. Category: IPO Notes

We believe the 7.5%-9.5% constant currency (CC) revenue growth guidance for FY20 (inclusive of inorganic elements) of Infosys looks a bit conservative with: (1) total large deal TCV in FY19 at >2x that of FY18 and new deal TCV at 3.4x and that too spread across multiple verticals.
April 15, 2019, noon

Infosys reported a sharper-than-expected margin decline in 4QFY19, even as revenue growth came in in-line with our estimate. Revenue rose by 2.4% QoQ to US$3.06bn (+2.1% QoQ in CC terms).
April 15, 2019, 11:31 a.m.

Infosys reported inline Q4FY19 revenue performance but sharp miss on margins due to large deal impact & investments on people. Management guided a lower than expected revenue growth for FY20E due to uncertain macro environment.
April 14, 2019, 12:02 p.m.

Infosys has announced strategic partnership with ABN AMRO by acquiring 75% shareholding in Stater NV (a subsidiary of ABN AMRO) which provides pure-play, end-to-end mortgage administration services in Netherlands, Belgium and Germany.
March 29, 2019, 2:16 p.m.

Infosys Limited (INFLTD) is the second-largest IT services company in India providing consulting and IT services to clients globally. It is also among the fastest growing IT services organization in the world and a leader in the offshore services space with a pioneer in Global delivery model.
March 25, 2019, 10:50 a.m.

Concerns around FY20 margins — perhaps, a familiar territory?
Feb. 25, 2019, 9:03 a.m.

Led by solid revenue growth in Q3FY19, we raise Infosys USD revenue growth assumptions to 7.8/9.3/9.2% for FY19/FY20/21E (vs 7.5/9.2/9.2% modeled earlier).
Jan. 14, 2019, 11:52 a.m.

Infosys hit double-digit YoY revenue growth in 3QFY19 in constant currency (CC) terms after a gap of 10 quarters. It also delivered large deal TCV of US$1.57bn in a historically lean quarter.
Jan. 14, 2019, 11:50 a.m.

Infosys Q3 profit misses Street estimates, firm announces share buyback
Jan. 11, 2019, 5:22 p.m.

The revenue has been reported at Rs 21,400 crore, a rise of around 4 percent compared to the previous quarter of Rs 20,609 crore.
Jan. 11, 2019, 4:26 p.m.