About the company- infosys, awards and recognitions, corporate governance ratings., corporate social responsibility, financials performance, mergers and acquisitions, products and platforms
Foundation FRA Infosys Project- A 3 page summary of Annual Report ( FY 14-15, Q3) of Infosys
1. 1
ABOUT THE COMPANY
Infosys Limited is an Indian multinational corporation that provides business consulting, information
technology, software engineering and outsourcing services. It is headquartered in Bangalore, Karnataka.
Infosys was co-founded in 1981 by Narayan Murthy, Nandan Nilekani,N. S. Raghavan, S. Gopalakrishnan, S.
D. Shibulal, K. Dinesh and Ashok Arora after they resigned from Patni Computer Systems.
Infosys is the second-largest India-based IT services company by 2014 revenues. On 15 February 2015, its market
capitalisation was ₹ 263,735 crores ($42.51 billion), making it India's sixth largest publicly traded company.
The company was incorporated as "InfosysConsultantsPvt Ltd." with a capital of Rs.10, 000. It signed its first
client, Data Basics Corporation, in New York.
PRODUCTS AND PLATFORM
FINACLE:Themost important product ofthecompany is FINACLE. Finacleis theindustry-leading universal
banking solution from Infosys that helps banks simplify their operations, accelerates innovation and creates
new opportunities. Finacle is the choice for banks across 84 countries and serves over 547 million customers.
The solution is consistently rated as a leader in the market by various industry analysts. Finacle won five
international banking excellence awards in partnership with its clients at the annual Asian Banker Awards
2014. Finacle solutions address core banking, e-banking, mobile banking, CRM, payments, treasury,
origination, liquidity management and wealth management of retail and corporate, and universal banks
worldwide.
AWARDS AND RECOGNISITION
QUALITY: The Company adheres to international quality standard certifications such as ISO 9001:2008, ISO
22301, ISO 20000, AS EN 9100, ISO 13485, TL 9000 SV, OHSAS 18001 and ISO 14001. The company has
also received an independent auditor's assurance report on compliance to ISAE 3402 / SSAE16 and a
certification of compliance on PCIDSS V 2.0 for Infosys BPO Limited. Infosys also get assessed at CMMi
level.
AWARDS: Sustainability, Business and Management, Banking (Finacle), Diversity & HR. Healthcare etc.
FINANCIAL PERFORMANCE
2. 2
PARTICUL
ARS
STANDALONE CONSOLIDATE
2015
(CR)
2014
(CR)
GRO
WTH
2015
(CR)
2014
(CR)
GRO
WTH
REVENUES 47,300 44,341 7.1% 53,319 50,133 6.4%
GROSS
PROFIT
19,472 17,603 1.5% 21,485 19,329 1.7%
PROFIT
AFTER TAX
12,164 10,194 2.8% 12,372 10,656 1.9%
ï‚· Earnings Per Share (EPS) grew 15.8% to INR 107.88 during the year.
 The company’s BOARD decided to issue BONUS SHARES in 1:1 ratio in October 2014, which was
completed in December 2014 with an objective of broadening the SHAREHOLDER BASE and LIQUIDITY.
ï‚· The Board also decided to increase the dividend payout ratio from up to 40% of post-tax
profits to up to 50% of post-tax profits effective fiscal 2015. This will lead to a Final
Dividend of INR 29.50 per share for fiscal 2015.
ï‚· The company had liquid assets of INR 32,585 crore at the end of fiscal 2015 as compared to INR
30,251 crore at the end of fiscal 2014.
Corporate governance ratings
CRISIL: CRISIL has been consistently assigning us the ‘CRISIL Governance and Value Creation
(GVC) Level 1’ rating.
ICRA: ICRA assigned the ‘Corporate Governance Rating (CGR) 1’ rating to the company’s practices.
The rating is the highest on ICRA's scale of CGR 1 to CGR 6. Infosys is the first company in India to
be assigned the highest CGR by ICRA. ICRA has also appreciated our Board composition as
reasonably sized, cohesive and articulate. The rating also implies that the company follows practices
that provide its financial stakeholders the highest level of assurance on the quality of corporate
governance.
CORPORATE SOCIAL RESPONSIBILITY
Conservation of energy: This year, the company has reduced its per capita electricity consumption by over
4%. For fiscal 2015, air conditioning retrofits have led to 3.4 MW reductions in the connected load across the
campuses.
ACQUISITIONS
3. 3
PANAYA: On March 5, 2015, Infosys acquired 100% voting interests in Panaya Inc. a Delaware Corporation
in the U.S., by entering into a share purchase agreement for a cash consideration of approximately INR
1,398 crore.
Skava: Infosys acquired KALLIDUS INC., now Skava after acquiring on 24 April 2015 for a consideration of
approximately INR 750 crore including a deferred component and retention bonus. Skava is a leading provider
of digital experience solutions, including mobile commerce and in-store shopping experiences to large retail
clients. It will enable Infosys to bring entirely new digital retail shopping experiences to its large retail clients.
KEY INVESTMENTS
NOVA: The Company has made some key investments in NOVA, a venture between Infosys and
DreamWorksAnimation, a leader in animation technology and animation films. The Investment will help it to
look to entirely new areas. Nova will develop and commercialize image-generation technology in order to
provide end-to-end digital manufacturing capabilities for companies involved in the design, manufacturing,
marketing or distribution of physical consumer products.
AIRVIZ: The Company is also investing a considerable amount in Airviz in the internet of things area.
FUTURE PLAN
The Company is eyeing year-on-year growth for the fiscal 2016 in the range of 10-12%. The mission of
management team is to prepare the company to achieve an aspirational goal of US $20 billion in revenue by
calendar 2020 with at least 30% operating margin, with specific targets of
• Increasing revenue per FTE to US $80,000 by deploying automation and innovation in
existing businesses, with a goal of generating at least 30% productivity improvements in
existing service lines from these solutions and thereby making Infosys more competitive to
win large deals.
• New platforms and its Edge portfolio working on different revenue models
• New services such as Design Thinking, solutions in artificial intelligence and
intellectual property-led businesses to contribute at least 10% of revenues.
• Inorganic investment strategies to influence approximately US $1.5 billion of new
revenue.
• Bringing attrition levelsdown to the lowest in the industry and achieving at least 25%
in diversity in top leadership. The Company’s aspiration is to make Infosys a great place
to work and attracting the best talent in the industry globally.