Information technology company Infosys Net Worth is $69 Billion as of 2024: Infosys is a multinational tech and information technology (IT) company in India that also provides consulting and outsourcing services. Infosys is one of the most successful IT companies of India and it ranks just behind TATA Consultancy Services (TCS). It is also ranked at 602nd position in the world, as far as public companies are concerned. This ranking was provided by Forbes Global 2000 ranking in the year 2020. Also check Facebook Net Worth, Apple Net Worth, Amazon Net Worth and Google Net Worth.
Infosys has a very big statue and the company also employs many individuals. They hire employees from different parts of the country. They have a very big service network and because of that, they hire quite a handsome number of employees. The company made its first appearance in 1981, in Pune, and now it has its own headquarters situated in Bangalore.
Infosys also became the fourth Indian company to have crossed $100 billion in market capitalization. The company has seen a massive rise since it’s inception and the prices of its shares are also increasing steadily.
InfosysNet worth
Infosys is a multinational company and so, its quite obvious that its wealth and other things are quite huge. But for the records, the total assets of Infosys is $15 billion and the total equity is $10 billion. It has a very high market capitalisation is well, just behind TCS. The net profit of Infosys is supposed to be around $2.6 billion. With such a huge number of employees and workers around the world, we can undoubtedly say that Infosys is a huge company.
| Name | Infosys Limited |
| Net Worth 2024 | $69 Billion |
| Net Worth in Indian Rupees | 6.22 Lakh Crore |
| Net Income: | US$2.98billion |
| Revenue | $18,212Billion |
| 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 |
Last 5 Years PE Ratio
| Date | Stock Price | TTM Net EPS | PE Ratio |
|---|---|---|---|
| February 2023 | 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
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We all know how big a company Infosys is and what stature or status it has in the international as well in Indian tech market. However it’s beginning wasn’t that easy and it has seen its ups and downs during the early days.
Infosys was first introduced by a group of seven engineers in 1981. They started the company in Pune, Maharashtra, but later shifted to Karnataka, Bangalore. They initially named the company, Infosys Consultants Pvt Ltd. The name of the company has been changed quite some time. In 1992, when the company became a public listed company, its name was changed to Infosys Technologies Limited. Though the name was changed to Infosys Limited in 2011.
The company after becoming a public listed company introduced an initial public offering (IPO) in 1993. However things haven’t gone as smooth as they would have wished for. The shares were undersubscribed, although it was bailed out by US Investment bank Morgan Stanley. By the end of 90s the company became quite big. Its shares was listed in Nasdaq, which made Infosys the only Indian company to have listed in Nasdaq. The price of its shares were growing at an unbelievable rate. By the end of 1999, the company reached the annual revenue of $100 million.
Infosys Revenue 2023
- 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 |
Evolution
The first 20 years of the company gone in making, but after that, the company kept growing at an unbelievable rate. Its shares seen a massive spike and they were also listed in some of the biggest stock markets. The company reached an annual revenue of $1 billion by the end of 2004 and by the end of 2017, it reached $10 billion in annual revenue.
The company was praised by everyone from the world. In 2010, the then British Prime minister, David Cameron visited India. He went to the headquarters of Infosys and also talked with the employees and heads. It was a massive boost for everyone.
Infosys has a total of 82 sales and marketing offices all around the world. It also has a total of 123 development centres around the world. It has a massive presence in India, United States, China, and at some other places.
Infosys also has a huge amount of employees from all around the world. It hires people of different nationalities is well. A total of 259,619 employees are present in Infosys out of which 38.9% employees are woman’s.
Infosys Net Income
- Infosys net income for the quarter ending December 31, 2021 was$0.769 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 |
Awards and Achievements
For a company as big as Infosys, awards and achievements are nothing. Infosys has received numerous milestones over the course of time. However, a company as big as Infosys can’t be worked without professional employees and a CEO. Infosys has bagged a total of 3 awards at the DevOps Industry Awards. It has so won a few awards at the Asset Triple A Asian Awards 2019.
Infosys Organization Structure 2024
| Level | Title | Examples |
|---|---|---|
| 1 | Board of Directors | Chairman, Independent Directors, Non-Executive Directors |
| 2 | Executive Team | CEO, CFO, COO, CMO, CIO |
| 3 | Business Unit Heads | Head of BFSI, Head of Retail, Head of Manufacturing |
| 4 | Delivery Heads | Head of Application Development, Head of Infrastructure Services, Head of Testing |
| 5 | Account Managers | Responsible for individual client accounts |
| 6 | Project Managers | Responsible for individual projects |
| 7 | System Analysts, Developers, Testers, and other technical staff | Responsible for executing projects |
Conclusion
In the conclusion, we can say that Infosys is a very successful and acknowledged company that has its roots all around the world. Since its inception in 1981, the company has never looked. From Narayan Murthy to Salil S. Parekh, everyone has contributed for the company a lot. Infosys gives employment to many thousands of individuals. For a company as big as this, the number of employees needed is quite high. The company is still growing significantly and challenging TATA Consultancy Services (TCS) as India’s biggest IT company.
Frequently Asked Questions
What is the net worth of Infosys?
Infosys’s total net worth is around $69 Billion
When Infosys is Founded?
Infosys is founded on 2 July 1981, Pune, India
Who are the founders of Infosys?
Infosys‘s founder’s name is N. R. Narayana Murthy, Nandan Nilekani and MORE.
How much is the annual income of Infosys?
Infosys revenue for the twelve months ending June 30, 2023 was $18,212 Billion.
What is the PE Ratio of Infosys?
Infosys PE ratio as of September 04, 2023 is 24.65.
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