Sales have grown from around Rs.8k million to around Rs.202k million from 2000 to 2009. Profits have grown from around Rs.297 million to around Rs.13k million from 2000 to 2009.
Infosys Technologies Ltd. has been earning a return of at least 32% on its net worth per year from 2000 to 2009. It has earnings per share of around Rs.105 in the last 12 months.
Infosys Technologies Ltd. has a cash and bank balance of around Rs.90k million. It has net current assets of around Rs.123k million. It has investments of around Rs.10k million. It has a net worth of around Rs.178k million. It has a market capitalization of around Rs.1339k million.
At a market price of around Rs.2336.75 and earnings of around Rs.105 the initial rate of return is around 4 per cent which can be easily obtained in a fixed deposit ! The value of the company according to me should be at least Rs.3000.
Infosys Technologies Ltd. is a software company and has no debt. Competitors are TCS, Wipro, HCL Tech,Oracle Financial and Mphasis.
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