Slide 1: Genpact Q3 2014 Earnings Presentation
Exhibit 99.2 Genpact Q3 2014 Earnings Presentation November 5, 2014 Ticker (NYSE: G)
Slide 2: Forward-Looking Statements; Non-GAAP Financial Measures
Forward-Looking Statements These materials contain certain statements concerning our future growth prospects and forward-looking statements, as defined in the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements are based on Genpact’s current expectat
Slide 3: Q3 2014 – Solid Growth & Progress on Strategy Execution
Q3 2014 – Solid Growth & Progress on Strategy Execution Key events and accomplishments: Continued momentum on large deals pipeline; signed another significant transformational engagement to transform and outsource a client’s F&A operations in Japan Continued to add depth to our client-facing teams;
Slide 4: Q3 2014 – Key Financial Highlights
Q3 2014 – Key Financial Highlights Strong revenue growth. Margins reflect accelerated investments. Q3 ‘14 versus Q3 ‘13 performance: Total Revenue: +10% Revenue from Global Clients: +13% GE Revenue: -0.4% Q3 2014 Adjusted Income from Operations margin at 15.0% Global Client growth led by four of our
Slide 5: Investments Driving Increased Pipeline Momentum
Investments Driving Increased Pipeline Momentum Healthy pipeline with good inflows of larger, complex deals Momentum in our pipeline reflects focus on our chosen verticals, geographies and service lines Bolstered our capabilities with increased investments in advanced technologies and automation as
Slide 6: Multiple Large Deals won YTD
Multiple Large Deals won YTD Closed a large deal and ramped up our new engagement in the CPG vertical, which we announced in the first quarter; building unique CPG core operations capabilities we can leverage across that industry Won a large transformational deal in the second quarter to provide com
Slide 7: Q3 Revenue Growth of 10% Driven by Global Clients
(2) Q3 Revenue Growth of 10% Driven by Global Clients ($ in millions) ($ in millions) YoY YoY Growth% Growth% (2) $588.1 9.9% (2) $588.1 9.9% $534.9 $534.9 117.3 (0.4%) 141.3 117.7 133.2 6.1% GE(1) ITO (2) 470.8 12.9% 446.8 11.2% Global 417.1 BPO 401.7 Clients(1) Q3 ‘13 Q3 ‘14 Q3 ‘13 Q3 ‘14 Q3 2014
Slide 8: Continue to Expand Client Relationships
Continue to Expand Client Relationships 100 88 90 80 77 70 60 50 40 30 30 25 20 15 12 10 0 > $5 MM > $15 MM >$25 MM Relationship Size (1) Q3 13 Q3 14 Notes: 1. Relationship size = Clients representing annual revenues based on last four rolling quarters PROCESS •ANALYTICS • TECHNOLOGY 8
Slide 9: Accelerated investments in client–facing teams and capabilities
Accelerated investments in client–facing teams and capabilities ($ millions) Q3‘13 Q3‘14 YoY Revenue 534.9 588.1 9.9% Cost of Revenue 329.3 354.5 7.6% Gross Profit 205.6 233.6 13.6% Gross Profit % of Revenue 38.4% 39.7% 130 bps SG&A 117.0 153.1 30.9% SG&A % of Revenue 21.9% 26.0% 410bps Adjusted Inc
Slide 10: EPS Year-over-Year Bridge
EPS Year-over-Year Bridge (Cents per share) Increase Decrease 3 -5 -2 -5 33 26 21 30 Q3 ‘13 Net Q3 ‘13 FX Re- Lower Adjusted Q3 ‘14 Net Q3 ‘14 GAAP Adjustments (1) Adjusted measurement Income from Adjusted Adjustments (1) GAAP EPS EPS Loss Operations EPS EPS Q3 ‘13 Q3 ‘14 Adjusted Net Income ($ mill
Slide 11: Cash From Operations
Cash From Operations YoY YoY ($ in millions) ($ in millions) Change% Change% 126 233 (32)% (23%) 86 179 Q3 ‘13 Q3 ‘14 YTD ‘13 YTD ‘14 Q3 2014 cash from operations down $40 MM Cash from operations down 32% YoY, driven by foreign exchange re-measurement impacts, strong sequential growth and lower inco
Slide 12: Full Year 2014 Outlook
Full Year 2014 Outlook FY 2014 Revenues ($B) 2.24 - 2.28 Adjusted Income from Operations - Margin 15.0% - 15.5% Other Metrics Cash Flow From Operations Decline ~15 - 20% YoY Effective Tax Rate 24% - 26% Capital Expenditure (% of revenue) 2.5% - 3.0% PROCESS •ANALYTICS • TECHNOLOGY 12
Slide 13: Annexure 1: Reconciliation of Adjusted Income from Operations
Annexure 1: Reconciliation of Adjusted Income from Operations Three months ended (USD, In Thousands) September 30, 2013 2014 Income from operations per GAAP $ 85,957 $ 72,867 Add: Amortization of acquired intangible assets resulting from 4,568 6,386 acquisitions and Formation Accounting Add: Stock-b
Slide 14: Annexure 2: Reconciliation of Adjusted Net Income
Annexure 2: Reconciliation of Adjusted Net Income Three months ended (USD, In Thousands, except per share data) September 30, 2013 2014 Net income per GAAP $ 70,262 $ 46,653 Add: Amortization of acquired intangible assets resulting from 4,568 6,386 acquisitions and Formation Accounting Add: Stock-ba
Slide 15: Thank you
GENERATING IMPACT Thank you