Infosys Limited · NSE:INFY
Infosys — Infosys Technologies — Q4 FY2011 Earnings Presentation
29 slides from Infosys's earnings presentation, April 2011
Slide 1: Performance for the Fourth Quarter and Year ended March 31, 2011
Performance for the Fourth Quarter and Year ended March 31, 2011 S. Gopalakrishnan S. D. Shibulal Chief Executive Officer and Chief Operating Officer Managing Director and Director The contents of this document are proprietary and confidential to Infosys Technologies Limited and may not be disclosed
Slide 2: Safe Harbor
Safe Harbor Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties rela
Slide 3: Agenda
Agenda • Financial Performance • Operational Performance • Client Acquisition & Expansion of Services • Products and Platforms • Human Resources • Infrastructure • Outlook • Summary © 2011 Infosys Technologies Limited Slide 3
Slide 4: Financial Performance
Financial Performance The contents of this document are proprietary and confidential to Infosys Technologies Limited and may not be disclosed in whole or in part at any time, to any third party without the prior written consent of Infosys Technologies Limited. © 2011 Infosys Technologies Limited. Al
Slide 5: Highlights
Highlights... • Revenues were ` 7,250 crore for the quarter ended March 31, 2011; QoQ growth was 2.0%; YoY growth was 22.0% • Net profit after tax was `1,818 crore for the quarter ended March 31, 2011; QoQ growth was 2.1%; YoY growth was 17.1%* • Earnings per Share(EPS) was `31.82 for the quarter en
Slide 6: …Highlights
…Highlights • 34 clients were added during the quarter by Infosys and its subsidiaries • Gross addition of 8,930 employees (net addition of 3,041) for the quarter by Infosys and its subsidiaries • 1,30,820 employees as on March 31, 2011 for Infosys and its subsidiaries © 2011 Infosys Technologies Li
Slide 7: Financial Performance - Three months ended
Financial Performance Statement of Comprehensive Income for three months ended, As per IFRS In ` crore, except share data Particulars March 31, Growth December 31, Growth % 2011 2010 (%) 2010 Q4 11 over Q3 11 Revenues 7,250 5,944 22.0 7,106 2.0 Cost of sales 4,234 3,415 24.0 4,063 4.2 Gross Profit 3
Slide 8: Financial Performance - Year ended
Financial Performance Statement of Comprehensive Income for the year ended, As per IFRS In ` crore, except share data Particulars March 31, Growth (%) 2011 2010 Revenues 27,501 22,742 20.9 Cost of sales 15,916 13,020 22.2 Gross Profit 11,585 9,722 19.2 Operational Expenses: Selling and marketing exp
Slide 9: Operational Performance
Operational Performance The contents of this document are proprietary and confidential to Infosys Technologies Limited and may not be disclosed in whole or in part at any time, to any third party without the prior written consent of Infosys Technologies Limited. © 2011 Infosys Technologies Limited.
Slide 10: Region wise Revenue
Region wise Revenue Quarter ended Year Ended Mar 31, 2011 Dec 31, 2010 Mar 31, 2010 Mar 31, 2011 Mar 31, 2010 % % % % % North America 63.7 64.7 66.1 65.3 65.8 Europe 22.1 21.8 22.5 21.5 23.0 India 2.7 2.2 1.4 2.2 1.2 Rest of the world 11.5 11.3 10.0 11.0 10.0 Total 100.0 100.0 100.0 100.0 100.0 © 20
Slide 11: Effort and Utilization
Effort and Utilization Quarter ended Year Ended Mar 31, 2011 Dec 31, 2010 Mar 31, 2010 Mar 31, 2011 Mar 31, 2010 % % % % % Effort Onsite 24.6 24.5 22.6 24.2 22.6 Offshore 75.4 75.5 77.4 75.8 77.4 Utilization Including trainees 68.4 72.6 69.3 72.0 68.1 Excluding trainees 75.2 80.7 77.1 78.9 74.4 © 20
Slide 12: Revenues by Project type
Revenues by Project type* Quarter ended Year Ended Mar 31, 2011 Dec 31, 2010 Mar 31, 2010 Mar 31, 2011 Mar 31, 2010 % % % % % Fixed Price 41.0 41.2 39.5 40.3 38.5 Time & Materials 59.0 58.8 60.5 59.7 61.5 Total 100.0 100.0 100.0 100.0 100.0 * Excluding products © 2011 Infosys Technologies Limited Sl
Slide 13: Onsite-Offshore Revenue split
Onsite-Offshore Revenue split Quarter ended Year Ended Mar 31, 2011 Dec 31, 2010 Mar 31, 2010 Mar 31, 2011 Mar 31, 2010 % % % % % Revenue Onsite 49.3 49.3 46.0 49.2 46.1 Offshore 50.7 50.7 54.0 50.8 53.9 © 2011 Infosys Technologies Limited Slide 13
Slide 14: Customer Concentration
Customer Concentration Quarter ended Year ended Mar 31, 2011 Dec 31, 2010 Mar 31, 2010 Mar 31, 2011 Mar 31, 2010 Number of Clients Active 620 612 575 620 575 Added during the period 34 40 47 139 141 Number of million dollar clients 1 Million dollar + 366 350 338 366 338 5 Million dollar + 187 180 15
Slide 15: Awards and Recognitions
Awards and Recognitions • Infosys was voted the most admired Indian company by peers in Business world’s Most Respected Companies 2011 survey. We have achieved this distinction for 10 years in a row • We were also recognized as a leader in Business Today’s Best Companies to Work For. • Infosys toppe
Slide 16: Client Acquisition & Expansion of Services
Client Acquisition & Expansion of Services The contents of this document are proprietary and confidential to Infosys Technologies Limited and may not be disclosed in whole or in part at any time, to any third party without the prior written consent of Infosys Technologies Limited. © 2011 Infosys Tec
Slide 17: Client Acquisition & Expansion of Services
Client Acquisition & Expansion of Services • We continue to win transformation deals in retail. We partnered with a large US-based retailer on its mobile strategy and application development to complement its e- commerce offerings. • We built a case management system for a money transfer provider fo
Slide 18: Products and Platforms
Products and Platforms The contents of this document are proprietary and confidential to Infosys Technologies Limited and may not be disclosed in whole or in part at any time, to any third party without the prior written consent of Infosys Technologies Limited. © 2011 Infosys Technologies Limited. A
Slide 19: Finacle and Flypp
• FinacleTM our flagship offering for the banking industry, continued to grow its business with 18 client wins this quarter. FinacleTM delivered a strong growth of over 45% and continued to make rapid progress across regions with developed countries now making up more than 40% of its revenue. Finacl
Slide 20: Process innovation
Process innovation During the fourth quarter, Infosys applied for 91 patent applications in India and the US. With this, Infosys has an aggregate of 357 patent applications (pending) in India and the US and has been granted 22 patents by the United States Patent and Trademark Office. © 2011 Infosys
Slide 21: Human Resources
Human Resources The contents of this document are proprietary and confidential to Infosys Technologies Limited and may not be disclosed in whole or in part at any time, to any third party without the prior written consent of Infosys Technologies Limited. © 2011 Infosys Technologies Limited. All righ
Slide 22: Human Resources
Human Resources Quarter ended Year Ended Mar 31, 2011 Dec 31, 2010 Mar 31, 2010 Mar 31, 2011 Mar 31, 2010 Total employees 1,30,820 1,27,779 1,13,796 1,30,820 1,13,796 S/W professionals 1,23,811 1,21,144 1,06,864 1,23,811 1,06,864 Billable 1,09,026 1,03,617 93,254 1,09,026 93,254 Banking product grou
Slide 23: Infrastructure
Infrastructure The contents of this document are proprietary and confidential to Infosys Technologies Limited and may not be disclosed in whole or in part at any time, to any third party without the prior written consent of Infosys Technologies Limited. © 2011 Infosys Technologies Limited. All right
Slide 24: Infrastructure
Infrastructure • As on March 31, 2011, the company had 27.66 mn sq. ft of space capable of accommodating 1,22,997 employees and 8.2 mn sq. ft under completion capable of accommodating 39,696 employees © 2011 Infosys Technologies Limited Slide 24
Slide 25: Outlook
Outlook The contents of this document are proprietary and confidential to Infosys Technologies Limited and may not be disclosed in whole or in part at any time, to any third party without the prior written consent of Infosys Technologies Limited. © 2011 Infosys Technologies Limited. All rights reser
Slide 26: IFRS – Consolidated Outlook
IFRS – Consolidated Outlook under IFRS – consolidated** Quarter ending June 30, 2011 • Revenues are expected to be in the range of `7,311 crore and `7,382 crore; YoY growth of 18.0% to 19.1% • Earnings per share(EPS) is expected to be in the range of `27.59 and `28.02; YoY growth of 5.9% to 7.5% Fis
Slide 27: Summary
Summary The contents of this document are proprietary and confidential to Infosys Technologies Limited and may not be disclosed in whole or in part at any time, to any third party without the prior written consent of Infosys Technologies Limited. © 2011 Infosys Technologies Limited. All rights reser
Slide 28: Summary
Summary • We expect the demand environment to be normal this year for the industry. We have created a structure with strong customer driven vertical focus and have enhanced our investment to take advantage of the opportunities we see in the market. • Our efficient operational services free up client
Slide 29: Thank You
Thank You www.infosys.com The contents of this document are proprietary and confidential to Infosys Technologies Limited and may not be disclosed in whole or in part at any time, to any third party without the prior written consent of Infosys Technologies Limited. © 2011 Infosys Technologies Limited
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