Slide 1: Genpact Q4 and FY 2015 Earnings Presentation
February 4, 2016 Ticker (NYSE: G) Genpact Q4 and FY 2015 Earnings Presentation Exhibit 99.2
Slide 2: Forward-looking statements
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: FY 2015 – Key Financial Highlights
FY 2015 – Key Financial Highlights Solid Execution Drove Global Client Growth FY ‘15 versus FY ‘14 performance: Total Revenue: +8% (~ +10% on constant currency basis) Revenue from Global Clients: +10% (~ +13% on constant currency basis) GE Revenue: -1% (~ -1% on constant currency basis) New Bookings
Slide 4: FY 2015 – Key Accomplishments
FY 2015 – Key Accomplishments Continued to strengthen our client-facing teams Continued to invest in domain, digital and analytics capabilities Including acquisitions and strategic partnerships Launched Lean DigitalSM, our unique and highly differentiated approach to digital Invested in our employee
Slide 5: Strong Bookings and Healthy Pipeline
Strong Bookings and Healthy Pipeline Pipeline continues to be healthy across our targeted areas Win rates improved YoY Sales productivity gains from recent sales force hires ($ in billions) 2015 YoY Bookings* $2.59 +20% Notes: * New bookings means the total contract value of new contracts, and certa
Slide 6: Q4 2015 Revenue Summary
Total revenue growth at 7% (~10% on a constant currency basis) Q4 2015 Global Client revenue grew 10% (~13% on a constant currency basis) Global Client BPO revenues increased 11% (~14% on a constant currency basis) and Global Client ITO revenues increased 5% (~7% on a constant currency basis) Global
Slide 7: Q4 2015 Adjusted Income from Operations Margin up 120 Basis Points
Q4‘14 Q4’15 YoY Revenue $601.5 $646.5 7.5% Cost of Revenue 359.2 393.9 9.7% Gross Profit 242.3 252.6 4.2% Gross Profit % of Revenue 40.3% 39.1% -120 bps SG&A $167.3 $165.4 -1.1% SG&A % of Revenue 27.8% 25.6% -220 bps Adjusted Income from Operations(1) $81.8 $95.6 17.0% Adjusted Income from Operation
Slide 8: FY 2015 Revenue Summary
Total revenue growth at 8% (~10% on a constant currency basis) 2015 Global Client revenue grew 10% (~13% on a constant currency basis) Global Client BPO revenues increased 14% (~17% on a constant currency basis) and Global Client ITO revenues declined 2% (flat on a constant currency basis) Global Cl
Slide 9: Continue to Expand Client Relationships
Number of clients Notes: Relationship size = annual revenues based on last four rolling quarters. Relationship Size(1) Continue to Expand Client Relationships
Slide 10: FY 2015 Adjusted Income from Operations Margin up 20 Basis Points
FY’14 FY’15 YoY Revenue $2,279.4 $2,461.0 8.0% Cost of Revenue 1,378.1 1,493.5 8.4% Gross Profit 901.4 967.5 7.3% Gross Profit % of Revenue 39.5% 39.3% -20 bps SG&A $585.6 $608.1 3.8% SG&A % of Revenue 25.7% 24.7% -100 bps Adjusted Income from Operations(1) $344.2 $377.2 9.6% Adjusted Income from Op
Slide 11: EPS Year-over-Year Bridge
EPS Year-over-Year Bridge FY ‘14 FY ‘15 Adjusted Net Income ($ millions)231.4 275.5 Diluted Shares Outstanding (millions)(3) 225.2 219.1 85 11 FX Re-measurement gains in FY’15 vs loss in FY’14 FY ‘14 GAAP EPS 109 (Cents per share) Net Adjustments(1) 103 18 Net Adjustments(1) FY ‘14 Adjusted EPS FY ‘
Slide 12: FY 2015 cash from operations up $55 MM
FY 2015 cash from operations up $55 MM Q4 ‘14 Q4 ‘15 (21)% Notes: 1) Cash and Liquid Assets = Cash and cash equivalents and short-term deposits. 20% FY ‘14 FY ‘15 YoY Growth% YoY Growth% ($ in millions) ($ in millions) Q4 ’14 Q3’15 Q4 ‘15 Days Sales Outstanding79 80 82 Cash and Liquid Assets ($ mill
Slide 13: Full Year 2016 Outlook
FY 2016 Revenues ($B) 2.62 – 2.66 Adjusted Income from Operations - Margin ~15.5% Adjusted Earnings Per Share(1) $1.40 - $1.42 Other Metrics Cash Flow from Operations (YoY Growth) 6% - 8% Effective Tax Rate 20% - 21% Capital Expenditure (% of revenue) ~3.0% Full Year 2016 Outlook Notes: Adjusted EPS
Slide 14: Annexure 1: Reconciliation of Adjusted Income from Operations – Q4 2015
Annexure 1: Reconciliation of Adjusted Income from Operations – Q4 2015 (USD, in thousands) Quarter ended Dec 31, 2014 2015 Income from operations per GAAP $ 70,866 $ 83,446 Add: Stock-based compensation 7,912 7,467 Add: Amortization of acquired intangible assets(1) 6,347 5,424 Add: Acquisition-rela
Slide 15: Annexure 2: Reconciliation of Adjusted Income from Operations – FY 2015
Annexure 2: Reconciliation of Adjusted Income from Operations – FY 2015 (USD, in thousands) Year ended Dec 31, 2014 2015 Income from operations per GAAP $ 294,031 $ 334,192 Add: Stock-based compensation 28,065 24,976 Add: Amortization of acquired intangible assets(1) 22,233 23,671 Add: Acquisition-r
Slide 16: Annexure 3: Reconciliation of Adjusted Net Income – Q4 2015
Annexure 3: Reconciliation of Adjusted Net Income – Q4 2015 (USD, in thousands, except per share data) Quarter ended Dec 31, 2014 2015 Net income attributable to Genpact Limited shareholders per GAAP $ 45,752 $ 64,413 Add: Stock-based compensation 7,912 7,467 Add: Amortization of acquired intangible
Slide 17: Annexure 4: Reconciliation of Adjusted Net Income – FY 2015
Annexure 4: Reconciliation of Adjusted Net Income – FY 2015 (USD, in thousands, except per share data) Year ended Dec 31, 2014 2015 Net income attributable to Genpact Limited shareholders per GAAP $ 192,002 $ 239,817 Add: Stock-based compensation 28,065 24,976 Add: Amortization of acquired intangibl
Slide 18: Thank You
Thank You