Wipro Limited · NSE:WIPRO
Wipro — Q3 FY2008 Earnings Presentation
14 slides from Wipro's earnings presentation, Jan 18, 2008
Slide 1: Performance of Wipro Limited for Quarter ended December 31, 2007
Performance of Wipro Limited for Quarter ended December 31, 2007 January 18, 2008 Suresh C Senapaty Executive Vice President & Chief Financial Officer © Copyright 2006 Wipro Ltd
Slide 2: Financial Summary of quarter ended December 31, 2007 (Indian GAAP)
Financial Summary of quarter ended December 31, 2007 (Indian GAAP) – Wipro Limited Consolidated Wipro Limited (Consolidated) Growth Growth Particulars Rs Crores QoQ YoY Revenue 5,303 11% 33% Profits Before Interest & Tax 944 11% 20% Profits After Tax 854 4% 12% Key Segmental Results Revenue Growth P
Slide 3: Highlights for the quarter – Global IT business
Highlights for the quarter – Global IT business § Revenues at $910.1 M (YoY growth of 42%), ahead of guidance of $905 M for the quarter. § On an organic basis, margins in Global IT business remained flat despite an appreciating rupee and increased costs on account of wage hikes effected. § IT servic
Slide 4: Revenue Dynamics-Global IT Business
Revenue Dynamics-Global IT Business Vertical distribution ( Q3 FY08) Geographical distribution ( Q3 FY08) Japan ROW 3% Others 2% Product TMTS 3% 12% Engineering Services 25% Manufacturing 9% Telecom Service Europe Providers 32% Energy & 8% North Utilities 9% America 62% Retail Finance 10% 25% § Vert
Slide 5: Customer Dynamics – Global IT business
Customer Dynamics – Global IT business § Added 39 new clients, out of which 10 are from Fortune 1000/ Global 500 Corporations. § 30 new customers were in the Enterprise business; 25 of the new customers were from North America. § 12 clients with >$50Mn run rate (9 in Q2) and 313 customers with > $1
Slide 6: Other Highlights – Global IT business
Other Highlights – Global IT business § Reinforcing Wipro’s commitment to Innovation and especially Applied Innovation, this quarter the first Applied Innovation Awards for Business Excellence were announced at a glittering awards event at New York. The awards were a collaboration between The Intern
Slide 7: Awards & Recognitions – Global IT business
Awards & Recognitions – Global IT business § Wipro won the "Credit Suisse IT New Business Award" for Strategic Partnership from Credit Suisse for its contributions, especially in setting up and growing the Center of Excellence in Pune, which is a CIO led IT transformation initiative of Credit Suisse
Slide 8: Key Highlights – Wipro Infotech
Key Highlights – Wipro Infotech § For the quarter, Wipro Infotech recorded revenues of Rs.9,716 Mn, a growth of 39% YoY, and PBIT of Rs. 874 Mn, a growth of 49% YoY. § Services business contributed 33% to total Revenue during the quarter and grew by 46% YoY. § Wipro Infotech won 2 very large deals d
Slide 9: Other Highlights
Other Highlights Wipro Consumer Care and Lighting (WCCL) § For the quarter, Wipro Consumer Care and Lighting recorded Revenues of Rs. 4,347 million, a growth of 107% YoY and PBIT of Rs. 525 million, a growth of 99% YoY. § Unza continued to see good underlying value growth in Malaysia, Vietnam, Singa
Slide 10: Summary
Summary § Track record of consistent growth continues – Global IT business continues to witness broad-based growth with drive towards operational excellence. § Differentiated service lines continue to demonstrate significantly higher growth. § Balanced focus on both organic and inorganic growth work
Slide 11: Supplemental Data
Supplemental Data § Financial Results as per US GAAP § Key Operating Metrics in Global IT business § Key Client Metrics 1 1
Slide 12: Financial Summary of quarter ended December 31, 2007 (As per US GAAP)
Financial Summary of quarter ended December 31, 2007 (As per US GAAP) Wipro Limited (Consolidated) Growth Growth Particulars Rs Crore QoQ YoY Revenue 5,236 11% 32% Profits Before Interest & Tax 890 9% 15% Profits After Tax 826 2% 11% Key Segmental Results Revenue Growth PBIT Growth Segment Rs Cr QoQ
Slide 13: Key Operating Metrics in Global IT Business for quarter ended December 31, 2007
Key Operating Metrics in Global IT Business for quarter ended December 31, 2007 Particulars Q3 08 Q2 08 Q3 07 Revenue Break-down: Tech. Services 32.8% 32.7% 34.0% Financial Solutions 24.7% 24.2% 22.7% Enterprise Solutions 42.5% 43.1% 43.3% North America 62.2% 62.5% 63.6% Europe 31.5% 31.8% 31.6% Jap
Slide 14: Key Client Metrics in Global IT Business for quarter ended Dec 31, 2007
Key Client Metrics in Global IT Business for quarter ended Dec 31, 2007 Particulars Q3 08 Q2 08 Q3 07 Customer Concentration Top Customer 3.0% 2.9% 3.2% Top 5 13.5% 13.6% 14.3% Top 10 24.3% 23.3% 24.5% Active Customers 718 681 606 No. of New Customers 39 59 37 Revenue from New Customers 2.4% 1.6% 4.