Slide 1: Wipro Limited Investor Presentation
Wipro Limited Investor Presentation For the quarter ended June 30, 2024
Slide 2: Safe Harbor
Safe Harbor This presentation may contain certain “forward looking” statements, which involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those that may be projected by these forward- looking statements. These uncertainties have been d
Slide 3: Agenda
Agenda •Our track record on performance •Overall Market Opportunity •Our Strategy •Key Highlights ©
Slide 4: Our track record on performance
Our track record on performance ©
Slide 5: Growth in IT Services business
Growth in IT Services business IT Services Revenue ($M) $10,454 $11,234 $10,805 $7,705 $7,895 $8,120 $8,253 $8,137 $7,082 $7,346 $6,218 $6,618 2012-23 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 Other highlights Partner to Industry Global footprint Diverse
Slide 6: Q1'25 Revenue Distribution – Diversified Portfolio
Q1’25 Revenue Distribution – Diversified Portfolio Revenue Mix Strategic Market Unit Mix (%) Revenue Contribution 30.9% 30.8% 27.6% 10.7% Top Customer 4.0% Top 5 Customers 13.6% Top 10 Customers 22.5% Customer Metrics* Revenue Mix (%) Customers > $100M 22 57.9 42.1 Customers > $50M 43 *Trailing 12-m
Slide 7: Overall market opportunity
Overall market opportunity ©
Slide 8: Global Market Size
Global Market Size India’s offshore IT & BPO exports ($B) 178 193 200 137 147 152 108 117 126 76 88 99 47 48 59 69 CAGR of 10.1% in last 15 years 1. Indian IT services sector is expected to grow at 2% y-o-y in FY2024 driven by the growing need for infrastructure management and networking services in
Slide 9: Our strategy
Our strategy ©
Slide 10: Our vision.
AMBITIONS REALIZED Our vision. BE A TRUSTED PARTNER to our clients in their transformation journey and enable them in achieving leadership in their respective industries. ORCHESTRATE VALUE for our clients as part of their transformation journey through sector-focused ‘Business solutions’, ‘Digital’
Slide 11: Our ambition.
AMBITIONS REALIZED Our ambition. Be a fast- Be known for Be a true growing, attracting global leader dynamic, and top talent from in our industry innovative different company industries ©
Slide 12: Our five strategic priorities.
Our five strategic priorities. Accelerate growth 01 Focus & scale 04 Build talent @ scale • Building talent across domains, tech • Prioritized sectors & markets and sales roles • Best of Wipro to our clients • Up-skilling/Re-skilling @ scale • Diverse and Local • 5 Habits-led high-performance cultur
Slide 13: Education, Ecology, Community care highlights
Education, Ecology, Community care highlights Ecology Education Community Care • School Education: Supported over ~1.2L children (including ~15,000 • Provided disaster relief support for • 76% of total consumption from 267 families who are affected with Renewable energy children with disability), 8,
Slide 14: Key highlights
Key highlights ©
Slide 15: Financial summary for the quarter ended June 30, 2024
Financial summary for the quarter ended June 30, 2024 All figures based on IFRS Q1’25 ( ₹ million) QoQ Growth YoY Growth IT Services Revenue 218,963 -0.8% -3.8% IT Services Operating 36,057 -0.4% -1.3% Income • IT Services Segment Revenue in dollar terms was $2625.9 million • IT Services Segment Rev
Slide 16: Other highlights for the quarter
Other highlights for the quarter • Total bookings was at $3.3 billion, down by 9.1% QoQ in constant currency terms. • Large deal bookings was at $1.2 billion. • Operating cash flows at 131.6% of Net Income for the quarter was at ₹40.0 billion. • Voluntary attrition at 14.1% on TTM basis. ©
Slide 17: Outlook
Outlook for Quarter ending September 30, 2024 QoQ CC -1.0% to +1.0% We expect the revenue from our IT Services business segment to be in the range of $2,600 million to $2,650 million* Outlook for the Quarter ending September 30, 2024, is based on the following exchange rates: GBP/USD at 1.26, Euro/U
Slide 18: Reconciliation of selected GAAP measures to Non-GAAP measures (1/2)
Reconciliation of selected GAAP measures to Non-GAAP measures (1/2) ©
Slide 19: Reconciliation of selected GAAP measures to Non-GAAP measures (2/2)
Reconciliation of selected GAAP measures to Non-GAAP measures (2/2) Reconciliation of Free Cash Flow for three months ended June 30, 2024 ©
Slide 20: Thank you.
Thank you.