Wipro Limited · NSE:WIPRO
Wipro — Q4 FY2021 Earnings Presentation
14 slides from Wipro's earnings presentation, Mar 31, 2021
Slide 1: Financial Performance for the Quarter and Year ended March 31, 2021
Financial Performance for the Quarter and Year ended March 31, 2021 Jatin Dalal Chief Financial Officer Wipro Limited Public
Slide 2: Revenue for the Quarter
Revenue for the Quarter $ Mn $ 2.15 Bn IT Services Revenue | USD IT services Growth on Constant Currency Basis: ₹ 162.5 Bn QoQ: 3.0% INR Mn YoY: 0.5% Gross Revenue | INR Public © confidential 2
Slide 3: Revenue for the Year
Revenue for the Year $ Mn $ 8.14 Bn IT Services Revenue | USD IT Services Growth on Constant ₹619.4 Bn Currency Basis: INR Mn YoY: -2.3% Gross Revenue | INR Public © confidential 3
Slide 4: Operating Margin for the Quarter
Operating Margin for the Quarter IT Services Operating Margin refers to our segment results 21.0 % IT Services Operating Margin QoQ/YoY growth IT services OM QoQ: -0.7% ₹34.2 Bn INR Mn YoY: 3.4% Operating Profit (Wipro Ltd.) in INR Public © confidential 4
Slide 5: Operating Margin for the Year
Operating Margin for the Year IT Services Operating Margin refers to our segment results 20.3 % IT Services Operating Margin YoY growth- IT services OM ₹123.1 Bn YoY: 2.2% INR Mn Operating Profit (Wipro Ltd.) in INR Public © confidential 5
Slide 6: Net Income for the Quarter
Net Income for the Quarter INR Mn Net income refers to the profit attributable to equity share holders of the company ₹ 29.7 Bn Net Income | INR YoY growth Net Income: 27.8% ₹ 5.39 INR Mn EPS: 31.8% Earnings Per Share | INR Public © confidential 6
Slide 7: Net Income for the Year
Net Income for the Year INR Mn Net income refers to the profit attributable to equity share holders of the company ₹ 107.9 Bn Net Income | INR YoY growth Net Income: 11.0% ₹ 19.11 INR Mn EPS: 14.6% Earnings Per Share | INR Public © confidential 7
Slide 8: Cash Flow Metrics for the Year
Cash Flow Metrics for the Year INR Mn ₹ 147.6 Bn Operating Cash Flow is at 136.7% Operating Cash Flow | INR of Net Income. Free Cash Flow ₹ 128.7 Bn INR Mn is at 119.3% of Net Income. Free Cash Flow | INR Public *Non-GAAP measures walk has been provided in the annexure © confidential 8
Slide 9: Other highlights
Other highlights 1. We closed 12 large deals resulting in a TCV of $1.4Bn 2. Customer count in >$100 Mn account moved from 10 to 11, > 75Mn moved from 24 to 27 and > 50Mn account moved from 38 to 40 in Q4’21 3. Gross addition of 18,000+ employees which includes onboarding of more than 2,850 freshers
Slide 10: Outlook for quarter ending June 30, 2021
Outlook for quarter ending June 30, 2021 QoQ growth 2.0% to 4.0% We expect the revenue from our IT Services business to be in the range of $2,195 million to $2,238 million* This does not include revenue from our recently announced acquisitions of Capco and Ampion • Outlook is based on the following
Slide 11: Thank You
Thank You Public
Slide 12: Reconciliation of selected GAAP measures to Non-GAAP measures (1/2)
Reconciliation of selected GAAP measures to Non-GAAP measures (1/2) Reconciliation of Gross Cash and Net Cash as of March 31, 2021 Wipro Ltd and Subsidiaries Amount in INR Mn Amount in $Mn 1 Computation of Gross Cash and Net Cash Cash & Cash Equivalents 169,793 2,321 Investments - Current 175,707 2,
Slide 13: Reconciliation of selected GAAP measures to Non-GAAP measures (2/2)
Reconciliation of selected GAAP measures to Non-GAAP measures (2/2) Reconciliation of Non-GAAP Constant Currency IT Services Revenue to IT Services Revenue as per IFRS ($Mn): Three Months ended March 31, 2021 IT Services Revenue as per IFRS $ 2,152.4 Effect of Foreign currency exchange movement $ (1
Slide 14: Segment Information
Segment Information As announced on November 12, 2020, in order to broad base our growth, effective January 1, 2021, the Company re-organized IT Services segment to four Strategic Market Units (“SMUs”) - Americas 1, Americas 2, Europe and Asia Pacific Middle East Africa (“APMEA”). Americas 1 and Ame