Infosys Limited · NSE:INFY
Infosys — Q3 FY2010 Earnings Presentation
29 slides from Infosys's earnings presentation, January 2010
Slide 1: Performance for the Third Quarter ended December 31, 2009
Performance for the Third Quarter ended December 31, 2009 S. Gopalakrishnan S. D. Shibulal Chief Executive Officer and Chief Operating Officer Managing Director and Director
Slide 2: Safe Harbour
Safe Harbour Certain statements in this presentation concerning our future growth prospects are forward-looking statements, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertaintie
Slide 3: Agenda
Agenda • Financial Performance • Operational Performance • Client Acquisition & Expansion of Services • New Markets • Human Resources • Infrastructure • Outlook • Summary © Infosys Technologies Limited 2009-10
Slide 4: Financial Performance
Financial Performance
Slide 5: Highlights...
Highlights... • Income was Rs. 5,741 crore for the quarter ended December 31, 2009; QoQ growth was 2.8%; YoY decline was 0.8% • Net profit after tax was Rs. 1,582 crore for the quarter ended December 31, 2009; QoQ growth was 2.7%; YoY decline was 3.6% • Earnings per share decreased to Rs. 27.75 from
Slide 6: ...Highlights
...Highlights • 32 clients were added during the quarter by Infosys and its subsidiaries • Gross addition of 8,719 employees (net addition of 4,429) for the quarter by Infosys and its subsidiaries • 1,09,882 employees as on December 31, 2009 for Infosys and its subsidiaries. © Infosys Technologies L
Slide 7: Financial Performance
Financial Performance Profit and Loss Account summary for the Quarter ended (As per Indian GAAP) In Rs. crore, except per share data December 31, Growth % in September 30, Particulars Growth (%) Q3 10 over 2009 2008 2009 Q2 10 Income from software services, products and business 5,741 5,786 (0.8) 5,
Slide 8: Operational Performance
Operational Performance
Slide 9: Region wise Revenue
Region wise Revenue REVENUE BY GEOGRAPHICAL SEGMENT Quarter ended LTM Dec 31, 2009 Sep 30, 2009 Dec 31, 2008 Dec 31, 2009 Dec 31, 2008 % % % % % North America 66.6 65.9 64.5 65.5 62.3 Europe 21.9 23.2 25.5 23.5 27.6 India 1.2 1.2 1.2 1.2 1.2 Rest of the world 10.3 9.7 8.8 9.8 8.9 Total 100.0 100.0 1
Slide 10: Utilization Rates
Utilization Rates EFFORT AND UTILIZATION Quarter ended LTM Dec 31, 2009 Sep 30, 2009 Dec 31, 2008 Dec 31, 2009 Dec 31, 2008 % % % % % Utilization Including trainees 68.8 67.3 68.5 67.7 69.1 Excluding trainees 76.2 73.2 74.5 73.7 73.9 © Infosys Technologies Limited 2009-10
Slide 11: Revenues by Project type
Revenues by Project type REVENUE BY PROJECT TYPE* Quarter ended LTM Dec 31, 2009 Sep 30, 2009 Dec 31, 2008 Dec 31, 2009 Dec 31, 2008 % % % % % Fixed Price 38.3 38.0 36.3 38.2 34.1 Time & Materials 61.7 62.0 63.7 61.8 65.9 Total 100.0 100.0 100.0 100.0 100.0 * Excluding products © Infosys Technologie
Slide 12: Onsite-Offshore Revenue split
Onsite-Offshore Revenue split Quarter ended LTM Dec 31, 2009 Sep 30, 2009 Dec 31, 2008 Dec 31, 2009 Dec 31, 2008 % % % % % Revenue Onsite 46.1 46.0 45.8 46.2 47.0 Offshore 53.9 54.0 54.2 53.8 53.0 © Infosys Technologies Limited 2009-10
Slide 13: Customer Concentration
Customer Concentration CLIENT DATA Quarter ended Year ended Dec 31, 2009 Sep 30, 2009 Dec 31, 2008 Mar 31, 2009 Number of Clients Active 568 571 583 579 Added during the period 32 35 30 156 Accounting for > 5% of revenue – – 1 1 Number of million* dollar clients 1 Million dollar + 336 330 323 327 5
Slide 14: Awards and Recognitions
Awards and Recognitions • Oracle named us a winner of a North America Oracle Titan Award during Oracle® OpenWorld 2009, acknowledging us as one of their leading partners for outstanding solutions and business practices developed or delivered in fiscal 2009. • We had the distinction of being in the 2
Slide 15: Client Acquisition & Expansion of Services
Client Acquisition & Expansion of Services
Slide 16: Client Acquisition & Expansion of Services
Client Acquisition & Expansion of Services • Intellectual Property (IP)-based solutions, New Engagement Models (NEMs) that offer flexible pricing and operational control to clients, and the Global Delivery Model will play a significant role in defining our successes. • During the third quarter, we l
Slide 17: Finacle
FinacleTM • Finacle‟s commitment to being the innovation partner to banks across the world was reinforced with the launch of Finacle Advizor™, an integrated platform which empowers banks to deliver products and services through a fully assisted self-service channel. • Finacle™ registered 12 wins acr
Slide 18: Process innovation
Process innovation • During the third quarter, Infosys applied for 18 patent applications in India and the U.S. With this, Infosys has an aggregate of 219 patent applications (pending) in India and the U.S. and has been granted six patents by the United States Patent and Trademark Office. © Infosys
Slide 19: New Markets
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Slide 20: New Markets
New Markets • We seek to grow strong in markets which we have recently entered and continue the momentum from the previous quarters. • During the third quarter, we incorporated our wholly owned Brazilian subsidiary – Infosys Tecnologia Do Brasil Ltda. • This quarter, we also inaugurated our official
Slide 21: Human Resources
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Slide 22: Human Resources
Human Resources EMPLOYEE METRICS Quarter ended Year ended Dec 31, 2009 Sep 30, 2009 Dec 31, 2008 Mar 31, 2009 Mar 31, 2008 Total Employees 1,09,882 1,05,453 1,03,078 1,04,850 91,187 S/W professionals 1,03,476 97,594 95,910 97,349 85,013 Billable 89,086 87,798 85,918 86,306 79,494 Banking Product Gro
Slide 23: Infrastructure
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Slide 24: Infrastructure
Infrastructure • As on December 31, 2009, the company had 24,863,617 sq. ft of space capable of accommodating 107,331 employees and 2,280,654 sq. ft under completion capable of accommodating 13,442 employees © Infosys Technologies Limited 2009-10
Slide 25: Outlook
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Slide 26: Indian GAAP – Consolidated
Indian GAAP – Consolidated Outlook under Indian GAAP – consolidated* Quarter ending March 31, 2010 • Income is expected to be in the range of Rs. 5,675 crore and Rs. 5,721 crore; YoY growth of 0.7% to 1.5% • Earnings per share@ is expected to be in the range of Rs. 25.62 and Rs.25.83; YoY decline of
Slide 27: Summary
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Slide 28: Summary
Summary • As in the last few quarters, our focus continues to be on building strengths. • Clients across industries continue to entrust us with transformational responsibilities. • Our focus on New Engagement Models (NEMs) was strengthened by the launch of Flypp™, our latest technology platform for
Slide 29: Thank You
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