Wipro Limited · NSE:WIPRO
Wipro — Q1 2020 Earnings Presentation
10 slides from Wipro's earnings presentation, Jul 17, 2019
Slide 1: Performance for the Quarter ended June 30, 2019
Performance for the Quarter ended June 30, 2019 Jatin Dalal Chief Financial Officer Wipro Limited
Slide 2: Revenue for the quarter
Revenue for the quarter IT Services $ Revenue Mn Revenue in INR Mn YoY & QoQ growth rates in constant currency for Q1'20 are 5.9% and -0.7% respectively after adjusting revenues of Q4'19 & Q1'19 for the impact from the divestment of our hosted data center services business and Workday & Cornerstone
Slide 3: Operating Margins
Operating Margins IT Services Operating Margin Operating Profit in INR Mn © 3
Slide 4: Net Income for the quarter
Net Income for the quarter Net Income in INR Mn Earnings per share in INR Highlights: • The Effective Tax Rate for Q1’20 was 21.8% vs 22.1% in Q4’19 and 21.9% in Q1’19 © 4
Slide 5: Cash Flow Metrics for the quarter
Cash Flow Metrics for the quarter Operating Cash flow in INR Mn Operating Cash Flow is at 120.4% of Net Income Free Cashflow as a % of Net Income © 5
Slide 6: Other highlights
Other highlights 1. Added 3 accounts to $100 Mn+ revenue bucket 2. Attrition on LTM basis remained at 17.6% 3. Localization in US now at 65.4% 4. FPP mix at all time high of 61.6% 5. Offshore mix is at 47.7% 6. Onboarded over 6,000 graduates globally this quarter 7. Digital now at 37.4%, grew 34.6%
Slide 7: Outlook for quarter ending September 30, 2019
Outlook for quarter ending September 30, 2019 QoQ growth We expect the revenue from our IT 0.0% to 2.0% Services business to be in the range of $2,039 million to $2,080 million*. * Outlook is based on the following exchange rates: GBP/USD at 1.27, Euro/USD at 1.13, AUD/USD at 0.69, USD/INR at 69.59
Slide 8: Buy Back
Buy Back The Company had previously announced a buyback proposal for purchase of up to 323.1 million equity shares of ₹2 each from the shareholders on a proportionate basis by way of a tender offer at a price of ₹325 per equity share payable in cash for an aggregate amount not exceeding ₹105 billion
Slide 9: Thank You
wipro'és Thank You
Slide 10: Reconciliation of Selected GAAP measures to Non-GAAP measures
Reconciliation of Selected GAAP measures to Non-GAAP measures Reconciliation of Gross Cash as of June 30, 2019 Wipro Ltd and Subsidiaries ( Amount in INR Crores) Computation of Gross Cash Cash & Cash Equivalents 24,140.5 Investments - Current 18,234.8 Total 42,375.3 Reconciliation of Non-GAAP consta