Infosys Q1 FY27 Results & Concall Highlights: Revenue, Margins & Order Book
Published 25 Aug 2026 | IT - Software | Market Cap: ₹4.5L Cr
Infosys revised its FY27 revenue growth guidance to 1.5% to 3% YoY in constant currency, reflecting a cautious outlook amid macro uncertainty. Revenue growth guidance revised to 1.5% to 3% year-on-year in constant currency terms due to macro uncertainties and lower-than-expected Q1 volumes.
From Infosys's Q1 FY27 earnings-call transcript · updated 25 Aug 2026.
Price
₹1,123
Market Cap
₹4.5L Cr
P/E Ratio
14.6
Revenue Rank
Margin Rank
How does Infosys rank in IT - Software?
Compare Infosys against every IT - Software company this quarter on revenue, margins and earnings-call signals.
Infosys — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹46.4K Cr, net profit ₹8.5K Cr.
Full financials →📊 Revenue & Sales Performance
Rank 4- →Infosys revised its FY27 revenue growth guidance to 1.5% to 3% YoY in constant currency, reflecting a cautious outlook amid macro uncertainty.
- →AI services revenue is a key growth driver, now constituting 8.2% of total revenue and showing strong double-digit QoQ growth over several quarters.
- →Large deal pipeline remains healthy, with strong traction across six AI value pools including process AI, AI engineering, and data AI.
- →Demand is particularly strong in Financial Services and Energy/Utilities sectors, while Retail growth remains constrained.
- →Recruitment focuses on hiring 20,000 college graduates annually to build AI-focused talent, supporting future service expansion.
- →Offshoring increases and client demands for productivity impact near-term volumes and pricing.
- →Infosys expects AI-related growth to continue scaling and becoming an important revenue engine over the next few quarters and years.
📈 Profitability & Margins
Rank 3- →Revenue growth guidance revised to 1.5% to 3% year-on-year in constant currency terms due to macro uncertainties and lower-than-expected Q1 volumes. (Page 30, 33)
- →Operating margin guidance maintained at 20% to 22%, with Q1 operating margin at 21.1%. (Page 29, 30)
- →Earnings per share (EPS) for Q1 was INR 19.19, up approximately 15% year-on-year. (Page 31)
- →Strong margin tailwinds include currency depreciation, Project Maximus, and operational efficiencies, partly offset by wage hikes and acquisition impacts. (Pages 14, 29)
- →AI services, contributing 8.2% of revenues and growing at a strong double-digit sequential rate, are viewed as a key long-term growth engine. (Pages 29, 37, 48)
- →Large deal wins remain robust at $3.6 billion with high net new business at 61%, supporting future revenue growth. (Page 31)
🏗️ Capital Expenditure Plans
Yes- →Infosys continues to look at acquisitions and investments, maintaining a good pipeline.
- →Recent acquisitions include Life Sciences, Healthcare, and Insurance sectors.
- →No decision to invest currently in data center space based on recent internal reviews.
- →The company has an innovation fund that invests in early-stage companies with minority interests, focusing on technologies that can be leveraged across their client base.
- →Investments have historically been made in data and analytics and now include various other technologies.
- →AI investments are prioritized, including building AI capabilities and tools like Infosys Topaz Fabric.
- →Outcome-based pricing, linked to investments in transformation, is becoming more prominent, supported via Project Maximus.
- →Salary hikes planned for most employees effective October and January 2027, reflecting ongoing investment in talent.
💰 Fundraising & Capital Structure
No information- →There is no mention of any current or planned future fundraising through debt or equity in the document.
- →The company’s balance sheet is noted as strong and debt-free.
- →Consolidated cash and cash equivalents stood at $3.9 billion at the end of the quarter.
- →The company returned more than $1 billion to shareholders through dividends.
- →Given the strong cash position and debt-free status, there appears to be no immediate need for fundraising through debt or equity.
📋 Order Book & Pipeline
No information- →Infosys won large deals totaling $3.6 billion with a high net new of 61%, reflecting strong client interest.
- →Of the 22 large deals, three were each worth $400 million.
- →20% of the large deal Total Contract Value (TCV) came from new vendor consolidation deals.
- →Vertically, deal wins include 5 in Financial Services and Communications, 4 in Europe, Middle East and Russia (EURS), 3 in Manufacturing, 2 in Retail, and 1 each in Life Sciences, HiTech, and others.
- →Region-wise, the 22 deals were signed with 11 in North America, 8 in Europe, and 3 in the Rest of the World.
- →The pipeline remains robust with healthy client engagements, especially focusing on AI-led modernization, cost transformation, cybersecurity, cloud optimization, and vendor consolidation.
Key Metrics
Revenue
Margin
Capex
Fundraise
Order Book
Frequently Asked Questions
What were Infosys Q1 FY27 results?
Infosys revised its FY27 revenue growth guidance to 1.5% to 3% YoY in constant currency, reflecting a cautious outlook amid macro uncertainty. Revenue growth guidance revised to 1.5% to 3% year-on-year in constant currency terms due to macro uncertainties and lower-than-expected Q1 volumes.
What is Infosys share price analysis?
Infosys currently shows a neutral. The stock trades at a P/E of 14.6 with a market cap of ₹454,908 Cr. Investors should review the full earnings analysis for detailed insights.
Is Infosys planning capital expenditure?
Infosys continues to look at acquisitions and investments, maintaining a good pipeline.
Keep Infosys on your radar — track it to get its next earnings analysis in your feed.
This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.