Infosys Annual Report - 28.05.2021

Infosys Annual Report - 28.05.2021

INFOSYS ANNUAL REPORT TAKEAWAYS

On Talent And Remote Working

• Need To Attract And Retain Quality Talent Globally & Reimagine Cost Structures
• Expanded Our Local Workforce In The US, UK, Europe, Japan, China And Australia
• As Of March 31, 2021, 96.5% Of Our Employees Were Working Remotely

Competition
* Seeing Intense Competition In Traditional Services (See Rapidly-Changing Marketplace With New Competitors)
* Expect Increased Competition From Firms That Offer Technology-Based Solutions To Business Problems
* Competition From Cloud Providers And From Firms Incumbent In Those Market Segments
* Insourcing of Technology Services By The Tech Departments Of Our Clients Is Another Ongoing Competitive Threat

INFOSYS ANNUAL REPORT TAKEAWAYS

FY21 Highlights
• Continued To Gain Market Share
* Reported Industry-Leading Growth In FY21 At 5% In Constant Currency
• Won Over $14 Billion Of Large Deals In The Past Year, The Highest In History
• Announced Buyback Of Rs 9200 Cr (USD 1.2bn) At Buyback Price Of Rs 1750/Share
• FY21 Dividend Of $1.5bn
• Alert: FY22 Revenue Growth Guidance 12% To 14% In CC Terms, Operating Margin Guidance 22 24%
* Digital Business Grew By 29% And Forms 52% Of Revenues As Of Q4

Risks

• FY21 Revenue Impact Due To Covid Pandemic Was Not Significant
• Risks Related To The Markets In Which We And Our Clients Operate