| Intrinsic Valuation of: INFY | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2021 | - | - | EPS (FY) | 77 | Market Cap | ₹4,529B | |||||
| 2022 | - | - (-) | P/E Ratio | 15 | Total Asset | ₹16B | |||||
| 2023 | ₹3B | - (-) | Net Income | ₹3B | Total Debt | ₹0 | |||||
| 2024 | ₹3B | 13.7% (11.6%) | EBITDA | ₹5B | Total Liab | ₹7B | |||||
| 2025 | ₹4B | 41.8% (36.6%) | Opr Margin | 20.26 | Debt/Equity | - | |||||
| 2026 | ₹4B | -8.7% (-12.7%) | PreTax Margin | 20.03 | BV/Share | 2 | |||||
| 5Y Average FCF | ₹3B | 8.3% (11.8%) | |||||||||
| Overall Market Assumptions: | |||||||||||
| Assumptions: | P/E for No-Growth Company: | 7.0 | |||||||||
| Perpetual Growth Rate (g): | 2.48% | Historical US Bond Yield: | 4.40% | ||||||||
| Discount Rate (WACC): | 7.00% | Current US Bond Yield: | 3.48% | ||||||||
| Forcasting Future Free Cash Flow for next 6Y | Modified Benjamin Graham's Intrinsic Value | ||||||||||
| Year | FCF Projection (8.3%) | ||||||||||
| 2027 | ₹4B | MBG Intrinsic Value | ₹684 | ||||||||
| 2028 | ₹4B | ||||||||||
| 2029 | ₹4B | ||||||||||
| 2030 | ₹5B | ||||||||||
| 2031 | ₹5B | ||||||||||
| 2032 | ₹5B | ||||||||||
| Terminal Value | ₹112B | Net Worth/Share | ₹2 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹96B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹2B | ₹24 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹0 | WACC | 6.5% | 23 | 25 | 27 | 30 | 35 | |||
| Equity Value | ₹98B | 7.1% | 20 | 22 | 24 | 26 | 29 | ||||
| Shares Outstanding | 4,047,007,852 | 7.8% | 18 | 19 | 21 | 23 | 25 | ||||
| 8.4% | 17 | 18 | 19 | 20 | 21 | ||||||
| DCF Intrinsic Value | ₹24 | 9.0% | 15 | 16 | 17 | 18 | 19 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||