Infosys Limited's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Infosys Limited (INFY) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Infosys Limited vs Its Competitors
- TTM: Trailing 12-month revenue of 20,158M vs 593,913M combined for tracked competitors (3.3% combined share).
- Trending: Latest-quarter revenue run-rate is accelerating (+300.0% annualized vs trailing 12 months), vs accelerating (+7.8%) for its tracked peer group.
- Profitability: Its 16.5% net margin compares with 10.3% for the peer group.
- Scale: Infosys Limited ranks #3 of 165 companies by market capitalization in the Cloud Computing & Data Analytics industry, holding 6.9% of industry market cap.
- Peer revenue share: Infosys Limited accounted for 11.2% of combined revenue among its tracked peer group.
- Peer differentiation: Revenue per employee of $0.08M compares with $0.26M for the peer group (0.3x).
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
INFY Sales vs. its Competitors, Q4 2026
With a net margin of 16.45 %, Infosys Limited achieved higher profitability than its competitors (10.31 %).
Infosys Limited generated 11.19 % of the combined sales of its peer group.
Infosys Limited vs. its Competitors, Q4 2026
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in an SEC filing; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Infosys Limited and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Infosys Limited | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| High-Confidence Competitors (10) | $12,345M | +12.3% · Accelerating |
| Similar-Size Competitors (7) | $12,345M | +12.3% · Accelerating |
| Similar Growth & Profitability (7) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Infosys Limited's competitor groups requires a Commercial License.
Infosys Limited's Competitor Quality Breadth
Share of each group, trailing 12 months: profitable (net margin > 0), expanding (revenue growth > 0), growing faster than the industry's own median, and financially distressed (Piotroski F-Score of 2 or below).
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Infosys Limited | Yes | Yes | No | No |
| Competitors combined (41) | ||||
| High-Confidence Competitors (16) | ||||
| Similar-Size Competitors (7) | ||||
| Similar Growth & Profitability (8) | 100.00 % (8 of 8) | 100.00 % (8 of 8) | 75.00 % (6 of 8) | 12.50 % (1 of 8) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
INFY Stock Performance relative to its Competitors
INFY Stock Performance relative to High-Confidence Competitors
INFY Stock Performance relative to Similar-Size Competitors
INFY Stock Performance relative to Similar Growth & Profitability Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | Dell Technologies Inc | 282.9% | Outperformed |
| 2 | Premier Inc | 282.9% | Outperformed |
| 3 | Rackspace Technology Inc | 282.9% | Outperformed |
| 4 | Wns holdings Limited | 282.9% | Outperformed |
| 5 | Aspen Technology inc | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Infosys Limited's best-performing tracked competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Infosys Limited's Comment on Competition and Industry Peers
Publicly Traded Peers of Infosys Limited
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
| Infosys Limited | 43,343.54 | 20,158.00 |
| Oracle Corporation | 397,830.00 | 73,266.00 |
| Dell Technologies Inc | 354,368.52 | 151,197.00 |
| Sap Se | 246,009.75 | 41,216.00 |
| International Business Machines Corporation | 210,356.66 | 69,096.00 |
| Salesforce Inc | 186,588.67 | 43,938.00 |
| SUBTOTAL | 1,799,020.91 | 671,553.27 |
Sign in to see all competitors of Infosys Limited.
Sources: Infosys Limited's official press releases and regulatory filings; CSIMarket.com's market research; and the financial filings and press releases of the other companies cited.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Infosys Limited versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Infosys Limited's Competitors Named by the Company
Competitive relationships identified from SEC filings and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| Innodata inc | Named by the company | 85% |
| Epam Systems Inc | Named by the company | 85% |
| Cognizant Technology Solutions Corporation | Named by the company | 85% |
| Nexscient Inc | Named by the company | 85% |
| Wns holdings Limited | Named by the company | 85% |
| Amdocs Limited | Named by the company | 85% |
| Insight Enterprises Inc | Named by the company | 85% |
| Stagwell Inc | Named by the company | 85% |
| Concentrix Corporation | Named by the company | 85% |
| Perficient Inc | Named by the company | 85% |
| Netsol Technologies Inc | Named by the company | 85% |
| Ncr Voyix Corporation | Named by the company | 85% |
| Iqvia Holdings Inc | Named by the company | 85% |
| Sify Technologies Ltd | Named by the company | 85% |
| Ci and t Inc | Named by the company | 85% |
| Globant s a | Named by the company | 85% |
| Ncr Atleos Corporation | Named by the company | 85% |
| Clps Incorporation | Named by the company | 85% |
| Ttec Holdings Inc | Named by the company | 85% |
| Jacobs Solutions Inc | Named by the company | 85% |
Filing basis, confidence, active dates and source counts for Infosys Limited's named competitors require a Commercial License.
Methodology: relationships are extracted from SEC filings (named-competitor disclosures) and corroborating sources. Named by the company = explicitly disclosed as a competitor; Inferred = derived from corroborating signals. Confidence reflects evidence strength.
Infosys Limited's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| Oracle Corporation | Cloud and Software Business 83.96 % |
| Dell Technologies Inc | Infrastructure Solutions Group 53.57 % |
| International Business Machines Corporation | Software 45.22 % |
| Accenture Plc | Americas 49.30 % |
| Iron Mountain Inc | Global Records and Information Management Business 72.52 % |
Source: operating segment revenue as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
Infosys Limited's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Infosys Limited | 43,344 | 77,645 | 12,773 |
| Oracle Corporation | 397,830 | 519,617 | 134,184 |
| Dell Technologies Inc | 354,369 | 1,558,732 | 117,299 |
| Sap Se | 246,010 | 374,691 | 74,592 |
| International Business Machines Corporation | 210,357 | 226,322 | 35,129 |
| Salesforce Inc | 186,589 | 604,524 | 132,935 |
| PEERS TOTAL | 1,755,677 | 255,742 | 31,014 |
Infosys Limited's Geographic Revenue Exposure vs Peers
Revenue by country/region as reported in each company's most recent filing. Disclosure granularity varies by filer (some report by country, others by broad region) and is shown as disclosed.| Company | Largest Market |
|---|---|
| Oracle Corporation | Americas 63.46 % |
| Dell Technologies Inc | United States 55.61 % |
| International Business Machines Corporation | Americas 49.04 % |
| Salesforce Inc | Americas 64.97 % |
| Hp inc | Americas 40.65 % |
Source: revenue geography as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API. Percentages are of that company's own total consolidated revenue for its most recent reported period.
Infosys Limited's Position in Industry Market Structure
Market-capitalization share and concentration across all 148 companies in Infosys Limited's industry classification, broader than the peer set above. Market cap in millions of $.Infosys Limited ranks #3 of 148 companies by market capitalization in its industry, holding 6.91 % of total industry market cap. The industry's Herfindahl-Hirschman Index (HHI) is 546, indicating a unconcentrated market structure (U.S. antitrust guidance: below 1,500 unconcentrated, 1,500 to 2,500 moderately concentrated, above 2,500 highly concentrated).
| Rank | Company | Market Cap | Industry Share |
|---|---|---|---|
| 1 | Automatic Data Processing Inc | 105,523 | 16.92 % |
| 2 | Workday Inc | 45,532 | 7.30 % |
| 3 | Infosys Limited | 43,117 | 6.91 % |
| 4 | Zscaler Inc | 31,483 | 5.05 % |
| 5 | Reddit Inc | 1,234 | 5.2% |
| 6 | Cognizant Technology Solutions Corporation | 1,234 | 5.2% |
| 7 | Verisign Inc | 1,234 | 5.2% |
| 8 | Verisk Analytics Inc | 1,234 | 5.2% |
| 9 | Toast Inc | 1,234 | 5.2% |
| 10 | Wipro Limited | 1,234 | 5.2% |
Market cap and industry share for the rest of Infosys Limited's industry peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation) across CSIMarket's industry classification, market capitalization as of 2026-09-28.
Infosys Limited's Same-Size Peers & Stock Performance
Peers chosen by closeness in market-cap rank within the same industry classification (not the named-competitor list above). Trailing 12-month total return, 3-month price momentum, beta and Sharpe ratio vs the broad U.S. market.| Rank | Company | Market Cap | TTM Return |
|---|---|---|---|
| 1 | Automatic Data Processing Inc | 105,523 | -9.43 % |
| 2 | Workday Inc | 45,532 | -23.85 % |
| 3 | Infosys Limited | 43,117 | -36.73 % |
| 4 | Zscaler Inc | 1,234 | 12.3% |
| 5 | Reddit Inc | 1,234 | 12.3% |
| 6 | Cognizant Technology Solutions Corporation | 1,234 | 12.3% |
| 7 | Verisign Inc | 1,234 | 12.3% |
| 8 | Verisk Analytics Inc | 1,234 | 12.3% |
Market cap, return, momentum, beta and Sharpe ratio for the rest of Infosys Limited's same-size peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation); returns and risk metrics as of 2026-09-28. Beta and Sharpe ratio are versus the broad U.S. equity market, not this industry.
Infosys Limited's Profitability & Cost Structure
Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the Cloud Computing & Data Analytics industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (203 companies).| Metric | Company | Industry | Difference |
|---|---|---|---|
| Gross Margin | 30.16 % | 51.85 % (avg) | -21.7 pp |
| Operating Margin | 20.26 % | industry median | +17.6 pp |
| EBITDA Margin | 22.35 % | 2.97 % (avg) | +19.4 pp |
| Capital Intensity (Capex / Revenue) | - | 5.21 % (avg) | - |
Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.
Infosys Limited's Valuation vs Competitive Position
Valuation multiples vs the Cloud Computing & Data Analytics industry average (203 companies, excluding loss-making/negative-equity outliers), alongside returns on capital for context on whether a premium or discount lines up with measurably stronger or weaker returns.| Metric | Company | Industry Average | Difference |
|---|---|---|---|
| P/E | - | 27.6x | - |
| EV / EBITDA | 13.9x | 16.4x | -2.6x |
| P/B | 6.6x | 4.0x | +2.6x |
| Return on Equity | 33.70 % | industry aggregate | 18.42 % |
| Return on Invested Capital | 19.66 % | 1.95 % (avg) | 17.71 % |
Source: CSIMarket API, trailing 12 months. A valuation premium or discount is not, by itself, a judgment of over- or under-valuation. Compare it against the return and growth context shown elsewhere on this page.
Infosys Limited's Strategic Group Map
Every company in Infosys Limited's industry and named-competitor list, plotted by trailing 12-month revenue growth and operating margin. Infosys Limited is shown in red; its closest peers by combined growth, margin and ROIC (the Similar Growth & Profitability group above) are labeled.
Source: CSIMarket API, trailing 12 months. Extreme outlier values (from near-zero-revenue companies) are excluded from the plotted cloud but never from the highlighted company or its labeled peers.
Infosys Limited's BCG Growth-Share Matrix
Relative market share (vs Infosys Limited's largest competitor by market cap) against industry revenue growth, using the standard textbook thresholds (1.0x share, 10% growth) a common framework, not a precision instrument.
Infosys Limited falls in the Dog quadrant: relative market share of 0.41x vs its largest competitor, in an industry growing revenue 5.4% (median, trailing 12 months).
Source: CSIMarket API (market-cap share and industry revenue growth). The 10% growth and 1.0x share lines are standard textbook thresholds, not derived from this industry's own distribution.
Infosys Limited's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Competitive Rivalry | High | Industry HHI of 546 (see Industry Market Structure & Concentration above) |
| Supplier Power | Not covered on this page | See Infosys Limited's dedicated suppliers page for concentration and dependency data |
| Buyer Power | Not covered on this page | See Infosys Limited's dedicated customers page for concentration and dependency data |
| Threat of Substitutes | - | No systematic data source for cross-product substitution exists in this system; not estimated |
Note: this is a partial, data-grounded application of the framework, not a complete strategic assessment. Rivalry and barriers-to-entry readings are mechanical translations of the HHI and capital-intensity figures shown elsewhere on this page, not independent judgments.
Infosys Limited's Industry Attractiveness & Competitive Strength
A CSIMarket composite, not a standard field: each axis is an equal-weighted average of three factors already shown elsewhere on this page (industry growth, industry profitability and rivalry for attractiveness; relative market share, profitability and growth vs industry for strength). Disclosed as a designed methodology, not a precision measurement.
Infosys Limited falls in the Low attractiveness / Medium strength cell: Harvest.
Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.
Infosys Limited's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
- Operating margin 17.6 points above the industry median.
- Return on equity 18.4 points above the industry aggregate.
- Latest-quarter revenue run-rate is accelerating (+300.0% annualized vs trailing 12 months).
Weaknesses
- Underperforming the U.S.A. 500 over the trailing 12 months.
- Low relative market share vs the industry leader (0.41x).
Opportunities
No rule matched.
Threats
No rule matched.
Methodology: mechanical, rule-based SWOT. Each bullet reuses a figure already sourced and cited elsewhere on this page; nothing here is generated narrative or independent analyst judgment.
Infosys Limited's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Infosys Limited | 0.42 | 1.98 | 0.03 |
| Oracle Corporation | 0.72 | 1.12 | 2.83 |
| Dell Technologies Inc | 0.16 | 0.93 | - |
| Sap Se | 0.47 | 1.16 | - |
| International Business Machines Corporation | 0.29 | 0.87 | 3.47 |
| Salesforce Inc | 0.30 | 0.83 | 0.53 |
Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Infosys Limited's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Infosys Limited | Q1 2026 | +4.6 % | +4.9 % |
| Oracle Corporation | Q3 2026 | +24.0 % | +62.6 % |
| Dell Technologies Inc | Q2 2026 | +57.7 % | +255.1 % |
| Sap Se | Q4 2025 | +7.7 % | +132.6 % |
| International Business Machines Corporation | Q2 2026 | +1.1 % | -1.3 % |
| Salesforce Inc | Q2 2026 | +10.8 % | +86.9 % |
| PEERS TOTAL | +14.6 % | +49.7 % |
Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Infosys Limited's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Infosys Limited | Q1 2026 | +4.4 % | - |
| Oracle Corporation | Q3 2026 | - | +235.2 % |
| Dell Technologies Inc | Q2 2026 | +52.7 % | +83.6 % |
| Sap Se | Q4 2025 | +8.0 % | - |
| International Business Machines Corporation | Q2 2026 | +3.6 % | +9.0 % |
| Salesforce Inc | Q2 2026 | +18.2 % | +26.7 % |
Infosys Limited's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Infosys Limited | 20.16% | 30.31% | 33.70% |
| Oracle Corporation | 7.73% | 9.84% | 44.45% |
| Dell Technologies Inc | 10.56% | 18.14% | - |
| Sap Se | 10.41% | 13.84% | 16.25% |
| International Business Machines Corporation | 7.07% | 7.03% | 33.43% |
| Salesforce Inc | 9.12% | 12.41% | 20.15% |
ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Infosys Limited's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Infosys Limited | 13.84 | 2.15 |
| Oracle Corporation | 20.79 | 5.43 |
| Dell Technologies Inc | 31.67 | 2.34 |
| Sap Se | 34.35 | 5.97 |
| International Business Machines Corporation | 19.55 | 3.04 |
| Salesforce Inc | 20.79 | 4.25 |
| PEERS AVERAGE | 21.86 | 2.68 |
P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.