Bengaluru: Cognizant said it would grow at 8-11% every year in the next three years in a constant currency, similar to the projection for this year, even when Indian colleagues improve their guidance because of the high volume of digital business that flows into the world post pandemic .
The company, which with his own words was struggling to maintain talent and won a large offer, said last month expecting to grow at 9.8% for the end of December.
Infosys, on the other hand, raised its guidance for the full year which ended March to 16.5-17.5%.
“We continue to make strong progress in positioning companies for growth in sustainable income and expansion of margins,” said CEO Brian Humphries in the direction of investors.
Most cognizant growth will be supported by digital offers, which are expected to contribute 55-60% of the topline in 2024, up from 45% at this time.
“Digital supports revenue growth, margin goals, increase our relevance with clients, and is the core of the value of our employee’s value,” according to the slide presentation.
Of the total growth, 6-9% will come from the constant currency of organic CAGR and 2% will come from inorganic contributions.
Cognizant hopes to close the year with $ 18.5 billion.
Margin, as part of the process, will also get an increase in uptick by 20-40 points every year.
That means in the best case scenario, margins edged up to 17% over the next three years.
Margin cognizant for the third quarter which ended September was 15.4%.
Instead, Infosys expects margins to be between 22-24%.
TCS, which does not provide guidance, is also sure of a double digit growth in the coming fiscal year which is supported by what the CEO of Rajesh Gopinathan is “a cycle of increasing multi-year technology that will trigger growth.” What caused the prosperity to fall behind his rival was a tremendous friction rate, which was 33% in the last quarter, confirmed its efforts to pursue an agreement at the time of the demand of all time momentum.
The company will use 50% of the capital (annual free cash flow) into the acquisition between 2022 and 2024.
25% will enter the purchase of shares and the rest into dividend payments.
So far be aware of investing $ 2.5 billion in the acquisition of Digital M & A.
Cognizant makes a muted guide, grows at 8-11% to 2024
