Slide 1: Wipro Limited Investor Presentation
Wipro Limited Investor Presentation For the quarter ended December 31, 2022
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 •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) $10,356 $7,895 $8,120 $8,253 $8,137 $7,346 $7,705 $6,618 $7,082 $5,921 $6,218 $5,221 $4,390 2009-2010 2010-2011 2011-2012 2012-2013 2013-2014 2014-2015 2015-2016 2016-2017 2017-2018 2018-2019 2019-2020 2020-2021 2021-2022 IT Services Business h
Slide 6: Q3'23 Revenue Distribution – Diversified Portfolio
Q3’23 Revenue Distribution – Diversified Portfolio Revenue Mix Strategic Market Unit Mix (%) Revenue Contribution 29.4 30.8 28.8 11 Top Customer 3.2% Top 5 Customers 13.3% Americas 1 Americas 2 Europe APMEA Top 10 Customers 21.3% Customer Metrics* Global Business Line Mix (%) Customers > $100M 19 61
Slide 7: Overall market opportunity
Overall market opportunity ©
Slide 8: Global Market Size
Global Market Size 178 147 152 India’s offshore IT & BPO exports ($B) 137 126 117 108 99 88 76 59 69 47 48 40 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 CAGR of 12% in last 15 years 1. The growth is driven by increased demand for infrastructure management and networki
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. 01 Focus & scale Accelerate growth • Prioritized sectors & markets 04 Build talent @ scale • Building talent across domains, tech and sales roles • Best of Wipro to our clients • Up-skilling/Re-skilling @ scale • Diverse and Local 02 Strengthen clients • 5 Habits-led h
Slide 13: Our operating model.
Our operating model. Sectors organized by markets "Where clients are" Horizontals organized Americas Americas Europe APMEA by capabilities 1 2 "Where client delivery resides" Integrated Digital, Engineering & Application Services (iDEAS) 1 2 Global business lines Infra Cloud, Digital Operations, Ris
Slide 14: Key highlights
Key highlights ©
Slide 15: Financial summary for the quarter ended December 31, 2022
Financial summary for the quarter ended December 31, 2022 All figures based on IFRS Q3’23 ( ₹ million) QoQ Growth YoY Growth IT Services Revenue 230,557 3.1% 14.7% IT Services Operating 37,504 11.0% 6.3% Income • IT Services Segment Revenue in dollar terms was $2,803.5 million • IT Services Segment
Slide 16: Other highlights for the quarter
Other highlights for the quarter • Record Total bookings of over $4.3 billion in TCV terms grew 26% YoY for the quarter • Closed 11 large deals resulting in a TCV of over $1 billion, grew by 69% YoY in Q3’23 • Top 5 clients grew 15.7% YoY and top 10 clients grew 14.7% YoY in constant currency terms,
Slide 17: Outlook
Outlook for year ending March 31, 2023 We expect Revenue from our IT Services business for the full year to be in the range of 11.5% to 12.0%, in constant currency terms * Outlook for the year ending March 31, 2023, is based on the following exchange rates: GBP/USD at 1.36, Euro/USD at 1.16, AUD/USD
Slide 18: Education, Ecology, Community care highlights
Education, Ecology, Community care highlights Ecology Education Community Care • School Education: Supported over • Planted more than 40,000 trees • 47% of electricity from 61,000 children, 4,000 teachers through our project in Agroforestry Renewable sources through ~130 partner NGOs in Tamil Nadu •
Slide 19: Thank You
Thank You ©
Slide 20: 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 and Net Cash as of December 31, 2022 Amount in INR Mn Amount in $Mn1 Computation of Gross Cash and Net Cash Cash & Cash Equivalents 87,307 1,055 Investments - Current 291,743 3,527 Gross Cash 379,050 4,5
Slide 21: Reconciliation of selected GAAP measures to Non-GAAP measures (2/2)
Reconciliation of selected GAAP measures to Non-GAAP measures (2/2) Reconciliation of Non-GAAP Constant Currency IT Services Revenue to IT Services Revenue as per IFRS ($Mn): Three Months ended December 31, 2022 IT Services Revenue as per IFRS $ 2,803.5 Effect of Foreign currency exchange movement $