Wipro Limited · NSE:WIPRO
Wipro — Q1 FY2009 Earnings Presentation
12 slides from Wipro's earnings presentation, Jul 18, 2008
Slide 1: Performance of Wipro Limited for Quarter ended June 30, 2008
Performance of Wipro Limited for Quarter ended June 30, 2008 July 18, 2008 Suresh C Senapaty Executive Director & Chief Financial Officer © Copyright 2006 Wipro Ltd
Slide 2: Financial Summary of quarter ended June 30, 2008 (Indian GAAP)
Financial Summary of quarter ended June 30, 2008 (Indian GAAP) – Wipro Limited Consolidated Wipro Limited (Consolidated) Growth Growth Particulars Rs. Crores QoQ YoY Revenue 5,967 5% 43% Profits Before Interest & Tax 1,022 3% 40% Profits After Tax 908 3% 25% Key Segmental Results Revenue Growth PBIT
Slide 3: Highlights for the quarter – IT Services
Highlights for the quarter – IT Services Revenues at $1067M (YoY growth of 37%), ahead of guidance of $1060 M for the quarter. IT revenues cross Rs. 5000 cr. IT Services added 31 new clients in the quarter Realizations up by 3.5% YoY and 3% QoQ; Revenues from Fixed price projects increased by
Slide 4: Revenue Dynamics-IT Services
Revenue Dynamics-IT Services Vertical distribution ( Q1 Geographical distribution ( Q1 Energy & Utilities FY09) Technology, Media & FY09) 8.7% Telecom India and other 31.2% Middle Emerging Retail & east Markets Transportatio n Japan business 3% 15.7% 2.7% 7.1% Manufacturin g& Financial US Healthcare
Slide 5: Customer Dynamics – IT Services
Customer Dynamics – IT Services Added 31 new clients, out of which 4 are from Fortune 1000/ Global 500 corporations. 14 clients with >$50Mn run rate (11 in Q4) and 404 customers with > $1 Mn Revenue run- rate (362 in Q4). 2 accounts with revenue run-rate of USD 100Mn. Announced 7 multiyear m
Slide 6: Customer Dynamics – IT Services
Customer Dynamics – IT Services A 5-year multi-million dollar with one of the leading Mail & Express company in Europe for SAP rollout and support. Assisting a Large European Energy Equipment Manufacturer in their next generation application management initiative- to provide the customer with re
Slide 7: Other Highlights
Other Highlights Wipro Consumer Care and Lighting (WCCL) For the quarter, Wipro Consumer Care and Lighting (including Unza) recorded Revenues of Rs. 5.13 billion, a growth of 119% YoY and PBIT of Rs. 609 million, a growth of 100% YoY. Our domestic business continued its robust revenue growth at
Slide 8: Summary
Summary Satisfying results considering the underlying uncertainties in the global economy. Differentiated service lines continue to demonstrate significantly higher growth. Retained IT Services margins in spite of grant of Restricted Stock Units through improvements in operational parameters.
Slide 9: Supplemental Data
Supplemental Data Financial Results as per US GAAP Key Operating Metrics in IT Services Key Client Metrics 9
Slide 10: Financial Summary of quarter ended June 30, 2008 (As per US GAAP)
Financial Summary of quarter ended June 30, 2008 (As per US GAAP) Wipro Limited (Consolidated) Growth Growth Particulars Rs Cr QoQ YoY Revenue 5,962 7% 43% Profits After Tax(GAAP) 814 (7%) 15% Profits After Tax (Non-GAAP)* 885 1% 25% Key Segmental Results Revenue Growth PBIT Growth Segment Rs Cr YoY
Slide 11: Key Operating Metrics in IT Services for quarter ended June 30, 2008
Key Operating Metrics in IT Services for quarter ended June 30, 2008 Particulars Q1 09 Q4 08 Q1 08 Revenue Break-down: Technology, Media & Telecom 31.2% 31.5% 33.8% Financial Services 25.4% 24.9% 23.7% Manufacturing & Healthcare 19.0% 19.6% 17.6% Retail & Transportation 15.7% 15.1% 15.8% E&U 8.7% 8.
Slide 12: Key Client Metrics in IT Services for quarter ended June 30, 2008
Key Client Metrics in IT Services for quarter ended June 30, 2008 Particulars Q1 09 Q4 08 Q1 08 Customer Concentration Top Customer 2.7% 2.5% 2.9% Top 5 11.4% 11.4% 12.8% Top 10 20.9% 20.8% 22.6% Active Customers 928 927 670 No. of New Customers 31 48 33 Revenue from New Customers 0.8% 3.2% 0.5% Ons