Wipro Limited · NSE:WIPRO
Wipro — Q1 FY2019 Earnings Presentation
19 slides from Wipro's earnings presentation, Jun 30, 2018
Slide 1: Wipro Limited Investor Presentation
Wipro Limited Investor Presentation For the quarter ended June 30, 2018
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 © confidential 3
Slide 4: Track record on performance
Track record on performance
Slide 5: Growth in IT Services business
Growth in IT Services business IT Services Revenue ($ Million) $7,705 $8,060 $7,082 $7,346 $6,218 $6,618 $5,921 $5,221 $4,323 $4,390 $3,647 2007-2008 2008-2009 2009-2010 2010-2011 2011-2012 2012-2013 2013-2014 2014-2015 2015-2016 2016-2017 2017-2018 IT Services Business has grown at a CAGR of over 8
Slide 6: Q1'19 Revenue Distribution – Diversified Portfolio
Q1’19 Revenue Distribution – Diversified Portfolio Revenue Distribution Business Unit Distribution Revenue contribution^ ENU COMM BFSI - Banking, Financial Services 13% 6% and Insurance Top customer 3.7% CBU – Consumer Business Unit Top 5 customers 11.7% TECH 14% COMM – Communications BFSI Top 10 cu
Slide 7: Overall market opportunity
Overall market opportunity
Slide 8: Global market size
Global market size ~ 350-400 India’s offshore IT and BPO exports ($ Billion) ~200-225 Digital technologies CAGR 16% 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 FY20 FY25 • Long Term Fundamentals of the Ind
Slide 9: Our Strategy
Our Strategy
Slide 10: Driving client growth through our 'Run' and 'Change' Strategy
Driving client growth through our ‘Run’ and ‘Change’ Strategy A. Modernize the ‘Core’ B. Enable the ‘Future’ (RUN) (CHANGE) 1 2 3 4 Business Solutions Process & IT estate Digital & Consulting Big Bets & Emerging Simplification areas • Digital • Cloud Consolidation ThinkiT • Cybersecurity • HOLMES In
Slide 11: Driving client growth through our 'Run' and 'Change' Strategy
Driving client growth through our ‘Run’ and ‘Change’ Strategy A. Modernize the ‘Core’ B. Enable the ‘Future’ (RUN) (CHANGE) 1 2 3 4 Business Solutions Process & IT estate Digital & Consulting Big Bets & Emerging Simplification areas Wipro ‘HOLMESTM for Digital up 6.2% QoQ 57,00 users on TopGear, our
Slide 12: 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 13: Ecology, Community and People Program highlights
Ecology, Community and People Program highlights Ecology Education Community Care Systemic Reforms: 20,000 schools Healthcare outreach: nearly 33% of electricity from Renewable across 29 states through 163 projects 40,000 people sources Sustainability Education: Cumulative Supporting education for 6
Slide 14: Recent recognitions in our sustainability journey
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 15: Key highlights
Key highlights
Slide 16: Financial summary for the quarter ended June 30, 2018
Financial summary for the quarter ended June 30, 2018 All figures based on IFRS Q1’19 (₹ crores) YoY Growth IT Services Revenue 13,700 5.2% IT Services Operating Income 2,397 9.4% • IT Services Revenue in rupee terms was ₹137.0 million, up 5.2% YoY • IT Services Revenue in dollar terms was $2,026.5
Slide 17: Highlights for the quarter ended June 30, 2018
Highlights for the quarter ended June 30, 2018 1. Contribution from Top 10 accounts up from 17.1% in FY’17 to 18.3% now 2. Digital grew 6.2% QoQ in constant currency 3. Consulting grew 8.7% QoQ in constant currency 4. Utilization* at an all time high of 85.2% 5. FPP mix at all time-high of 58.9% 6.
Slide 18: Thank you
ateeete Thank you
Slide 19: Reconciliation of selected GAAP measures to Non-GAAP measures
Reconciliation of selected GAAP measures to Non-GAAP measures Reconciliation of Gross Cash as of June 30, 2018 Wipro Limited and Subsidiaries (Amounts in ₹ crore) Computation of Gross cash position Cash and cash equivalents 7,068 Investments - Current 25,073 Total 32,141 Reconciliation of Non-GAAP c