Wipro Limited · NSE:WIPRO
Wipro — Q2 FY2006-07 Earnings Presentation
12 slides from Wipro's earnings presentation, Oct 18, 2006
Slide 1: Performance of Wipro Limited for Quarter ended Sept 30, 2006
Performance of Wipro Limited for Quarter ended Sept 30, 2006 Oct 18, 2006 Suresh C Senapaty Executive Vice President & Chief Financial Officer © Copyright 2006 Wipro Ltd
Slide 2: Financial Summary of quarter ended Sept 30, 2006 (Indian GAAP) – Wipro Limited Consolidated
Financial Summary of quarter ended Sept 30, 2006 (Indian GAAP) – Wipro Limited Consolidated Wipro Limited (Consolidated) Growth Particulars Rs Crores YoY Revenue 3,546.2 41% Profits Before Interest & Tax 744.8 42% Profits After Tax 700.2 46% Key Segmental Results Revenue Growth PBIT Growth Segment R
Slide 3: Highlights for the quarter – Global IT business
Highlights for the quarter – Global IT business § Revenues at $588.9 M (YoY growth of 36.7%), well ahead of guidance of $577 M for the quarter. § Driven by Volume growth of 7.9% and Realization improvement of 0.9% . § For First Half of 2006-07, Global IT Business’s Revenues grew 43% (to Rs. 51,710 M
Slide 4: Revenue Dynamics – Global IT Services
Revenue Dynamics – Global IT Services Vertical distribution Geographical distribution Telecom Service ROW 1% Others 1% Japan Providers 6% TMTS 10% 4% Manufacturing 10% Europe Finance 23% 32% North America 63% Energy & Utilities 9% Retail 11% § Verticals: Ÿ Our Financial Solutions SBU delivered 11% s
Slide 5: Customer Dynamics – Global IT business
Customer Dynamics – Global IT business § Added 54 new clients (including 1 in BPO). Of this, 11 from Fortune 1000/ Global 500 Corporations. § 18 new customers were in the Product Engineering Solutions business; 35 of the new customers were from Enterprise Business. § For the last 13 quarters, we hav
Slide 6: Key Highlights – Wipro Infotech
Key Highlights – Wipro Infotech § Wipro Infotech won two long term Total outsourcing contracts in India totaling $100 million covering application & infrastructure provisioning & management. § We won 65 contracts across Consulting, Solutions and Infrastructure Management in this quarter across India
Slide 7: Key Highlights – WCCL & WIN
Key Highlights – WCCL & WIN WCCL § Consumer Care & Lighting grew Revenues by 41% YoY to Rs. 2,025 Mn and PBIT grew by 26% YOY to Rs. 246 Mn. § Acquisition of North West Switches showing good prospects in the market place. § Office Modular Furniture Business and Compact Fluorescent lamp (CFL) continu
Slide 8: Summary / Thank You
Summary § Track record of consistent growth continues – Global IT business continues to witness broad-based growth – across verticals, service lines and geographies; Differentiated service lines continue to demonstrate significantly higher growth § Continued focus on inorganic strategy to supplement
Slide 9: Supplemental Data
Supplemental Data § Financial Results as per US GAAP § Key Operating Metrics in Global IT business § Key Client Metrics 9
Slide 10: Financial Summary of quarter ended Sept 30, 2006 (As per US GAAP)
Financial Summary of quarter ended Sept 30, 2006 (As per US GAAP) Wipro Limited (Consolidated) Growth Particulars Rs Crore YoY Revenue 3,513.8 41% Profits Before Interest & Tax 746.8 46% Profits After Tax 696.3 48% Key Segmental Results Revenue Growth PBIT Growth Segment Rs Cr YoY Rs Cr YoY Global I
Slide 11: Key Operating Metrics in Global IT Business for quarter ended Sept 30, 2006
Key Operating Metrics in Global IT Business for quarter ended Sept 30, 2006 Particulars Sept 06 June 06 Sept 05 Revenue Break-down: IT Services Tech. Services 36.0% 36.4% 36.6% Financial Solutions 23.3% 22.9% 20.7% Enterprise Solutions 40.7% 40.7% 42.7% North America 62.5% 62.7% 62.8% Europe 32.1% 3
Slide 12: Key Client Metrics for quarter ended Sept 30, 2006
Key Client Metrics for quarter ended Sept 30, 2006 Particulars Sept 06 June 06 Sept 05 Customer Concentration: IT Services Top Customer 3.6% 3.6% 3.2% Top 5 15.2% 15.8% 14.6% Top 10 25.7% 27.1% 26.7% Active Customers 593 565 433 No. of New Customers 53 60 37 Revenue from New Customers 2.2% 0.6% 1.7%