12-Jun-2026 19:06:12
CLSA On Infosys (Paris/London Non-Deal Road Show)
Maintain Outperform, TP Rs 1512 Believe market estimates of 2%-4% of deflation due to AI are incrementally being offset by new volume opportunities around managing AI agents, token cost optimisation and modernisation related work. GenAI services opportunity around six new value pools will be US$300bn-US$400bn by 2030 Overall TAM for System Integrators can expand by up to 15x as AI impacts white-collar human capital pool globally. GenAI revenue for INFY is currently at c.US$1bn annually,and is growing faster than the company average growth rate. Co is ahead of competition in AI adoption with top rankings across 16 industry analyst reports. The current CEO tenure is ending in Mar 2027, and the board will decide future courses of action.
INFOSYS LIMITED