Wipro Limited · NSE:WIPRO
Wipro — Q3 FY2021 Earnings Presentation
19 slides from Wipro's earnings presentation, January 2021
Slide 1: Wipro Limited Investor Presentation
Wipro Limited Investor Presentation For the quarter ended December 31, 2020 Public
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 de
Slide 3: Agenda
Agenda 1 Our track record on performance 2 Overall Market Opportunity 3 Our Strategy 4 Key Highlights Public © confidential 3
Slide 4: Track record on performance
Track record on performance Public
Slide 5: Growth in IT Services business
Growth in IT Services business IT Services Revenue ($ Million) $7,895 $8,120 $8,256 $7,346 $7,705 $7,082 $6,218 $6,618 $5,921 $5,221 $4,323 $4,390 $3,647 2007-2008 2008-2009 2009-2010 2010-2011 2011-2012 2012-2013 2013-2014 2014-2015 2015-2016 2016-2017 2017-2018 2018-2019 2019-2020 IT Services Busi
Slide 6: Q3'21 Revenue Distribution – Diversified Portfolio
Q3’21 Revenue Distribution – Diversified Portfolio Revenue Distribution Business Unit Distribution Revenue contribution ENU COMM BFSI - Banking, Financial Services 13% 5% BFSI and Insurance Top customer 3.1% TECH 31% CBU – Consumer Business Unit Top 5 customers 11.9% 13% COMM – Communications Top 10
Slide 7: Overall market opportunity
Overall market opportunity Public
Slide 8: Global market size
Global market size India’s offshore IT and BPO exports ($ Billion) 137 CAGR ~15% 126 117 108 98.5 87.7 76.1 68.8 59.1 49.7 47.1 40.3 31.4 17.7 23.6 6 FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19 1. Long Term Fundamentals of the India offshoring story remain intact 2. Of
Slide 9: Our Strategy
Our Strategy Public
Slide 10: Key Strategic Priorities
5 Key Strategic Priorities Accelerate growth Focus & scale 04 Build talent @ scale • Ambitious program to 01 • Prioritized sectors & markets hire deep domain & tech expertise • Best of Wipro to our clients • Reskilling @ scale • Diverse and Local • Reinforce a ‘high Strengthen clients & performance’
Slide 11: Partner Ecosystem - Winning together
Partner Ecosystem - Winning together Joint Value Thought Leadership Executive Commitment At Wipro, strategic partnerships are one of the core pillars of our business strategy. We have a 360 degree relationship with our partners and the Wipro Winning Together approach is aimed at delivering unparalle
Slide 12: Ecology, Community and People Program highlights
Ecology, Community and People Program highlights Ecology Education Community Care 9.8% reduction in business travel Systemic Reforms: Supported 132 organizations Healthcare outreach: Over footprint in last three years working towards systemic reforms in school 122,000 people from 53% increase YoY in
Slide 13: Recent recognitions in our sustainability journey
Recognized among India’s most innovative companies by CII Industrial Recognized as member of Dow Jones Sustainability Index Innovation (DJSI), World for the eighth time in a row. Wipro is also a Awards 2017 member of the DJSI Emerging Markets Index RECENT Wipro selected as a member of the 2018 Vigeo
Slide 14: Key highlights
Key highlights Public
Slide 15: Financial summary for the quarter ended December 31, 2020
Financial summary for the quarter ended December 31, 2020 All figures based on IFRS Q3’21 ( ₹ million) QoQ Growth IT Services Revenue 153,331 4.0% IT Services Operating Income 33,204 17.1% 1. IT Services Segment Revenue in dollar terms was $2,071 million. 2. IT Services Segment Revenue increased 3.9
Slide 16: Other highlights for the quarter
Other highlights for the quarter 1. Secular growth across all Service Lines & Business Units. 5 out of 7 Business unit grew over 4% sequentially 2. We closed 12 deals with > $30Mn TCV and the TCV booked of these deals was over $1.2Bn 3. We also closed our largest deal in Continental Europe with Metr
Slide 17: Thank You
wipro':3s Thank You
Slide 18: Reconciliation of selected GAAP measures to Non-GAAP measures (1/2)
Reconciliation of selected GAAP measures to Non-GAAP measures (1/2) Reconciliation of Gross Cash as of December 31, 2020 Wipro Ltd and Subsidiaries Amount in INR Mn Computation of Gross Cash Cash & Cash Equivalents 139,435 Investments - Current 312,909 Total 452,344 Reconciliation of Free Cash Flow
Slide 19: Reconciliation of selected GAAP measures to Non-GAAP measures (2/2)
Reconciliation of selected GAAP measures to Non-GAAP measures (2/2) Reconciliation of Non-GAAP Constant Currency IT Services Revenue to IT Services Revenue as per IFRS ($Mn): Three Months ended December 31, 2020 IT Services Revenue as per IFRS $ 2,071.0 Effect of Foreign currency exchange movement $