1) What is Infosys' area of operations?
Infosys Technologies Limited (Infosys), along with its majority owned and controlled subsidiary, Infosys BPO Limited (Infosys BPO), and wholly-owned subsidiaries Infosys Technologies (Australia) Pty. Limited (Infosys Australia), Infosys Technologies (Shanghai) Co. Limited (Infosys China) and Infosys Consulting Inc. (Infosys Consulting) is a leading global technology services firm. The company provides end-to-end business solutions that leverage technology. The company provides solutions that span the entire software life cycle encompassing consulting, design, development, software re-engineering, maintenance, systems integration, package evaluation and implementation and infrastructure management services. In addition, the company offers software products for the banking industry and business process management services.
2) Where and in which year was Infosys incorporated?
Infosys was incorporated in 1981 as Infosys Consultants Private Limited, as a private limited company under the Indian Companies Act, 1956. It changed its name to Infosys Technologies Private Limited in April 1992 and to Infosys Technologies Limited in June 1992, when it became a public limited company. Infosys completed its initial public offering of equity shares in India in 1993 and its initial public offering of ADSs in the United States in 1999. In July 2003, June 2005 and November 2006, it completed sponsored secondary offerings of ADSs in the United States on behalf of its shareholders.
3) What is Infosys' revenue and profits for recently concluded quarter and for last 12 months?
| As per Indian GAAP (Rs cr) | As per US GAAP ($ m) | |
| Q4 08 revenues | 4,542 | 1,142 |
| Q4 08 net profits | 1,249 | 311 |
| FY 08 revenues | 16,692 | 4,176 |
| FY 08 net profits | 4,659 | 1,155 |
4) What is Infosys' 5 year revenue and profit CAGR?
| As per Indian GAAP (Rs cr) | As per US GAAP ($ m) | |
| Revenue | 36% | 41% |
| Net Profit | 37% | 43% |
5) What is the employee strength of the Infosys Group?
Infosys and its subsidiaries had 91,187 employees as of Mar 31, 2008
6) Does the company have debt in its Balance Sheet?
Infosys is a debt-free company. It doesn’t have any outstanding debt or fixed deposits. The company presently generates sufficient cash internally to finance all its operational, financing and investment requirements
7) What is the credit rating of the company?
The credit rating of the company is BBB (Standard & Poor’s rating) and 5A1 (Dun & Bradstreet rating)8) How many software development centers does Infosys have?
Infosys has 52 global development centers of which 26 are in India and 26 are outside India
9) How many sales offices does Infosys have?
Infosys has 47 sales offices around the world of which 4 are in India and 43 are outside India10) What is the address of registered office of Infosys?
The registered office address of Infosys is as below:Infosys Technologies Limited
Electronics City
Hosur Road
Bangalore 560 100, India
Tel.: +91 80 2852 0261
Fax: +91 80 2852 0362
Website : www.infosys.com
11) When does Infosys' financial year ends?
Infosys’ financial year ends on March 31.
12) In which stock exchanges are Infosys shares/ADRs listed and what are the codes?
Infosys’ equity shares are listed on BSE and NSE in India and its ADS is listed on the NASDAQ in the US. The respective codes are as below
| In India | Outside India | ||
| NSE | BSE | NASDAQ | |
| Exchange code | INFOSYSTCH | 500209 | INFY |
| Reuters code | INFY.NS | INFY.BO | INFY.O |
| Telerate/Moneyline code | IN:INFN | IN:INF | US:INFY |
| Bloomberg code | NINFO IN | INFO IN | - |
13) Where can I obtain information on Infosys' financial results?
Infosys’ quarterly and annual financial results can be accessed at
www.infosys.com/investors/reports-filings/default.asp
14) Where can I obtain details on Infosys' stockholders?
Infosys stockholder details are provided at the link below
Download
15) What is an American Depositary Share (ADS)?
An ADS is a negotiable certificate evidencing ownership of an outstanding class of stock in a non-US company. ADSs are created when ordinary shares are delivered to a custodian bank in the domestic market, which then instructs a depositary bank in the US to issue ADSs based on a predetermined ratio. ADSs are SEC-registered securities and may trade freely, just like any other security, either on an exchange or in the over-the-counter market.
16) What is the ratio of equity shares to ADS?
1 equity share held/traded in India is equivalent to 1 ADS held/traded on NASDAQ17) Do the ADSs have voting rights?
Yes. In the event of a matter submitted to the holders of ordinary shares for a vote, the ADS holders on record as at a particular date will be allowed to instruct the depositary bank to exercise the vote in respect of the equity shares representing the ADS held by them.18) Are the ADSs entitled to cash dividends?
Yes, whenever dividends are paid to ordinary shareholders, cash dividends to ADS holders are declared in local currency and paid in dollars (based on the prevailing exchange rate) by the depositary bank, net of the depositary’s fees and expenses.19) When did Infosys have its initial public offer (IPO) and what was the initial listing price? Was there any follow-on offering?
Infosys made an initial public offer in February 1993 and its shares were listed on stock exchanges in India in June 1993. Trading opened at Rs. 145 per share, compared to the IPO price of Rs. 95 per share. In October 1994, Infosys made a private placement of 5,50,000 shares at Rs. 450 each to Foreign Institutional Investors (FIIs), Financial Institutions (FIs) and body corporates. In March 1999, it issued 20,70,000 ADSs (equivalent to 10,35,000 equity shares of par value of Rs. 10 each) at US $34 per ADS under the American Depositary Shares Program and the same were listed on the NASDAQ National Market. All the above data is unadjusted for issue of stock split and bonus shares. During July 2003, June 2005 and November 2006, it made successful secondary ADR issues of US $294 million, US $1.07 billion and US $ 1.605 billion respectively.20) What is the history of bonus issues (equivalent to stock split in the form of stock dividend) and stock split at Infosys?
| Fiscal | Bonus share issue | Stock split ratio |
| 1986 | 1:1 | 2 for 1 |
| 1989 | 1:1 | 2 for 1 |
| 1991 | 1:1 | 2 for 1 |
| 1992 | 1:1 | 2 for 1 |
| 1994 | 1:1 | 2 for 1 |
| 1997 | 1:1 | 2 for 1 |
| 1999 | 1:1 | 2 for 1 |
| 2000 | - | 2 for 1 |
| 2004 | 3:1 | 4 for 1 |
| 2006 | 1:1 | 2 for 1 |
21) Does Infosys have a dividend reinvestment program or dividend stock purchase plan?
Infosys does not offer a dividend reinvestment program or dividend stock program, at present.22) Does Infosys pay dividends? What is the dividend policy of Infosys?
Currently, Infosys pays dividends to its shareholders. The current dividend policy is to distribute not more than 30% of the PAT (unconsolidated Indian GAAP) as dividend. The Board of Directors reviews the dividend policy periodically and on Apr 15, 2008 decided to hike the dividend policy to up to 30% of post tax profits from 20% of post tax profits earlier23) What is the date of release of financial results?
| Quarter ending | Earnings release date |
| June 30, 2008 | July 11, 2008 |
| Sep 30, 2008 | Oct 10, 2008 |
| Dec 31, 2008 | Jan 13, 2009 |
| Mar 31, 2009 | Apr 15, 2009 |
24) What is the date of interim dividend?
Interim dividend is generally declared by the board and paid out in the month of October25) What is the date of AGM?
AGM for fiscal 2008 will be held in June 200826) Does the company organize any investor/analyst day?
The company organizes an analyst day in India every year in one of its campuses which is generally organized in the Sep quarter. Additionally, the company organizes an analyst day in New York every year which is generally organized in the Dec quarter. The company has also organized an analyst day in Japan in 2005 and 2006. Both the buy-side and sell-side are invited to the analyst day27) Does the company have any quiet periods?
Yes. Infosys follows quiet periods prior to its earnings release every quarter. During the quiet period, the company or any of its officials will not discuss earnings expectations with any external parties. It starts from 15 days prior to the month in which the earnings are going to be released, and ends two days after the announcement of the earnings numbers. Based on the tentative dates of the earnings release in fiscal 2007, the tentative quiet periods would be as follows:| Quarter ending | Earnings release date | Quiet period |
| June 30, 2008 | July 11, 2008 | June 16, 2008 to Jul 13, 2008 |
| Sep 30, 2008 | Oct 10, 2008 | Sep 16, 2008 to Oct 12, 2008 |
| Dec 31, 2008 | Jan 13, 2009 | Dec 16, 2008 to Jan 15, 2009 |
| Mar 31, 2009 | Apr 15, 2009 | Mar 16, 2009 to Apr 17, 2009 |
For queries relating to financial statement:
India
Shekar NarayananUS
Sandeep Mahindroo
Senior Manager - Investor Relations
001-646-254-3133
Sandeep Mahindroo
For compliance matters and for matters relating to shares/dividend:
Parvatheesam Kanchinadham
Company Secretary andRegistrar and share transfer agents
Karvy Computershare Private Limited
Registrars and Share Transfer Agents,
T.K.N. Complex, No. 51/2, Vanivilas Road,
Opposite National College, Basavanagudi,
Bangalore 560 004, India.
Tel.: +91 80 2662 1184
Fax: +91 80 2662 1169
E-mail: kannans@karvy.com
Name and address of the depositary bank for the purpose of ADS
In India
Deutsche Bank A. G.
Trust & Securities Services
Hazarimal Somani Marg,
Fort, Mumbai 400 001, India.
Tel.: +91 22 5658 4621-26
Fax: +91 22 2207 9614
In the US
Deutsche Bank Trust Company Americas
Trust & Securities Services,Name and address of the custodian in India for the purpose of ADS
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