Wipro Limited · NSE:WIPRO
Wipro — Q4 FY2008 Earnings Presentation
15 slides from Wipro's earnings presentation, Apr 18, 2008
Slide 1: Performance of Wipro Limited for Quarter ended March 31, 2008
Performance of Wipro Limited for Quarter ended March 31, 2008 April 18, 2008 Suresh C Senapaty Chief Financial Officer & Director © Copyright 2006 Wipro Ltd
Slide 2: Financial Summary of quarter ended March 31, 2008 (Indian GAAP)
Financial Summary of quarter ended March 31, 2008 (Indian GAAP) – Wipro Limited Consolidated Wipro Limited (Consolidated) Growth Growth Particulars Rs Crores QoQ YoY Revenue 5,700 8% 32% Profits Before Interest & Tax 993 5% 18% Profits After Tax 880 3% 3% Key Segmental Results Revenue Growth PBIT Gr
Slide 3: Highlights for the quarter – Global IT business
Highlights for the quarter – Global IT business § Revenues at $959.9 M (YoY growth of 39%), ahead of guidance of $955 M for the quarter § During the quarter, Wipro IT Business won 3 multi-year multi-million dollar deals § Global IT Services & Products added 29 new clients in the quarter § IT service
Slide 4: Revenue Dynamics-Global IT Business
Revenue Dynamics-Global IT Business Vertical distribution ( Q4 FY08) Geographical distribution ( Q4 FY08) Japan ROW 3% Product TMTS Others 3% Engineering 3% 11% Services 24% Manuf acturin g Telecom 9% Service Providers Europe Energy & 8% 33% North Utilities America 10% 61% Retail Finance 10% 25% § V
Slide 5: Customer Dynamics – Global IT business
Customer Dynamics – Global IT business § Added 29 new clients, out of which 2 are from Fortune 1000/ Global 500 Corporations. § 15 new customers were in the Enterprise business; 14 of the new customers were from North America. § 14 clients with >$50Mn run rate (12 in Q3) and 315 customers with > $1
Slide 6: Other Highlights – Global IT business
Other Highlights – Global IT business § During this quarter, Wipro’s leadership in innovation was further showcased through private events in Davos, an influencer conclave in UK and a global media meet in Bangalore. § As part of customer experience enrichment program at Wipro’s Applied Innovation La
Slide 7: Awards & Recognitions – Global IT business
Awards & Recognitions – Global IT business § Wipro’s high level of customer orientation led to its winning the Avaya Global Connect Customer Responsiveness Award. § During the quarter, Wipro continued to be recognized for excellence being cited by Forrester Research as a “Leader in Oracle Implementa
Slide 8: Key Highlights – Wipro Infotech
Key Highlights – Wipro Infotech § For the quarter, Wipro Infotech recorded revenues of Rs.9,998 Mn, a growth of 29% YoY, and PBIT of Rs. 895 Mn, a growth of 23% YoY. § Services business contributed 34% to total Revenue during the quarter. § Wipro Arabia Ltd. won a 5 years contract valued over $ 50 M
Slide 9: Other Highlights
Other Highlights Wipro Consumer Care and Lighting (WCCL) § For the quarter, Wipro Consumer Care and Lighting (including Unza) recorded Revenues of Rs. 4,804 million, a growth of 128% YoY and PBIT of Rs. 613 million, a growth of 87% YoY. § Unza continued to see good underlying value growth in Malaysi
Slide 10: Highlights of the year gone by
Highlights of the year gone by § Wipro’s Total IT Business crosses $4 billion in FY 07-08 § Wipro Limited Revenue surges by 33% to touch Rs. 200 billion (Rs. 19957 Crores) § 2 Large acquisitions – Unza in the Consumer Care and Infocrossing in Global IT § Our Technology business in Global IT Services
Slide 11: Summary
Summary § Fiscal 2009 with cautious optimism. Market situation is changing rapidly, which has a bearing on our immediate business dynamics. However, we remain resilient and confident of our prospects § Differentiated service lines continue to demonstrate significantly higher growth. § Balanced focus
Slide 12: Supplemental Data
Supplemental Data § Financial Results as per US GAAP § Key Operating Metrics in Global IT business § Key Client Metrics 1 2
Slide 13: Financial Summary of quarter ended March 31, 2008 (As per US GAAP)
Financial Summary of quarter ended March 31, 2008 (As per US GAAP) Wipro Limited (Consolidated) Growth Growth Particulars Rs Crore QoQ YoY Revenue 5,596 7% 29% Profits Before Interest & Tax 979 10% 20% Profits After Tax 875 6% 2% Key Segmental Results Revenue Growth PBIT Growth Segment Rs Cr QoQ Rs
Slide 14: Key Operating Metrics in Global IT Business for quarter ended March 31, 2008
Key Operating Metrics in Global IT Business for quarter ended March 31, 2008 Particulars Q4 08 Q3 08 Q4 07 Revenue Break-down: Tech. Services 32.1% 32.8% 33.1% Financial Solutions 25.2% 24.7% 22.9% Enterprise Solutions 42.7% 42.5% 44.0% North America 61.4% 62.2% 63.8% Europe 32.6% 31.5% 31.1% Japan
Slide 15: Key Client Metrics in Global IT Business for quarter ended March 31, 2008
Key Client Metrics in Global IT Business for quarter ended March 31, 2008 Particulars Q4 08 Q3 08 Q4 07 Customer Concentration Top Customer 2.8% 3.0% 3.0% Top 5 13.1% 13.5% 14.0% Top 10 24.3% 24.3% 24.1% Active Customers 743 718 620 No. of New Customers 29 39 44 Revenue from New Customers 3.1% 2.4%