Slide 1: Wipro Limited Investor Presentation
Wipro Limited Investor Presentation For the quarter ended September 30, 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 $6,618 $7,082 $5,921 $6,218 $5,221 $4,323 $4,390 $3,647 2007-2008 2008-2009 2009-2010 2010-2011 2011-2012 2012-2013 2013-2014 2014-2015 2015-2016 2016-2017 2017-2018 2018-2019 2019-2020 IT Services Busi
Slide 6: Q2'21 Revenue Distribution – Diversified Portfolio
Q2’21 Revenue Distribution – Diversified Portfolio Revenue Distribution Business Unit Distribution Revenue contribution^ ENU COMM BFSI - Banking, Financial Services Top customer 3.2% 13% 5% and Insurance TECH BFSI CBU – Consumer Business Unit Top 5 customers 12.0% 13% 31% COMM – Communications Top 1
Slide 7: Overall market opportunity
Overall market opportunity Public
Slide 8: Global market size
Global market size India’s offshore IT and BPO exports ($ 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: We realize our vision through our strategy
We realize our vision through our strategy 1. Business Transformation 2. Modernization 3. Connected Intelligence 4. Trust • Consulting led approach across • Integrated Cloud first approach across • Data to Intelligence to Outcomes- DDP • Address changing security, privacy & Domain & Technology Apps,
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: Recognized among India's most innovative companies
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 September 30, 2020
Financial summary for the quarter ended September 30, 2020 All figures based on IFRS Q2’21 ( ₹ million) QoQ Growth IT Services Revenue 147,681 1.2% IT Services Operating Income 28,351 1.9% 1. IT Services Segment Revenue in dollar terms was $1,992.4 million. 2. IT Services Segment Revenue increased 3
Slide 16: Other highlights for the quarter
Other highlights for the quarter 1. Gross Utilization is at 76.4% for Q2’21 2. Offshore revenue mix is at 50.4% for Q2’21 3. Voluntary Attrition on LTM basis has reduced to 11.0% 4. Localization in US now at 71.9% 5. Hired about 12,000 employees which includes onboarding of 3,000 freshers in Q2’21 P
Slide 17: Thank You
wipro':?s Thank You
Slide 18: Reconciliation of selected GAAP measures to Non-GAAP measures (1/2)
Reconciliation of selected GAAP measures to Non-GAAP measures (1/2) Reconciliation of Gross Cash as of September 30, 2020 Wipro Ltd and Subsidiaries Amount in INR Crores Computation of Gross Cash Cash & Cash Equivalents 25,813 Investments - Current 15,242 Total 41,055 Reconciliation of Free Cash Flo
Slide 19: Reconciliation of selected GAAP measures to Non-GAAP measures (2/2)
Reconciliation of selected GAAP measures to Non-GAAP measures (2/2) Reconciliation of Non-GAAP Constant Currency IT Services Revenue to IT Services Revenue as per IFRS ($Mn): Three Months ended September 30, 2020 IT Services Revenue as per IFRS $ 1,992.4 Effect of Foreign currency exchange movement