Wipro Limited · NSE:WIPRO
Wipro — Q1 FY2019 Earnings Presentation
10 slides from Wipro's earnings presentation, Jul 24, 2018
Slide 1: Performance for the Quarter ended June 30, 2018
Performance for the Quarter ended June 30, 2018 Jatin Dalal Chief Financial Officer Wipro Limited Exhibit 99.2
Slide 2: IT Services Revenue
IT Services Revenue for the quarter $ 2026.5 (at upper end of our guidance) Million 137.0 (increased 5.2% YoY) Billion
Slide 3: IT Services Margin
IT Services Margin for the quarter Operating Margins 17.2% +35 bps YoY Operating Profit increased 9.4% YoY
Slide 4: Net income
Net income for the quarter Highlights: Net Income stable at 15.2% of Revenue EPS for the quarter was ₹4.71 per share, increasing by 9.9% YoY The Effective Tax Rate for Q1’19 was 21.9% ₹ 21.2 Billion
Slide 5: Operating Cash flow
Operating Cash flow for the quarter 136% of Net Income Gross Cash: ₹32,141 crores ₹ 28.8 Billion Net Cash: ₹20,369 crores
Slide 6: Quarter highlights
Quarter highlights Business Units Banking, Financial Services & Insurance Consumer Business Unit ↑ 3.0% QoQ in CC terms ↑ 2.6% QoQ in CC terms Geographies US ↑ 2.9% QoQ in CC terms Services Modern Application Services Digital ↑ 3.3% QoQ in CC terms ↑ 6.2% QoQ in CC terms APAC ↑ 1.1% QoQ in CC terms
Slide 7: Other highlights
Other highlights Top account grew 2.6% QoQ Utilization* at an all time high of 85.2% FPP mix at all time-high of 58.9% Generated free cash flow of ₹25,062 million at 118% of Net Income EPS grew 9.9% YoY to ₹4.71 per share *net utilization excluding trainees
Slide 8: Outlook for quarter ending September 30, 2018
Outlook for quarter ending September 30, 2018 Q2FY19 0.3% to 2.3% excluding the impact of divestment of hosted data center business in Q1FY19 We expect the revenue from our IT Services business to be in the range of $2,009 million to $2,049 million*. * Outlook is based on the following exchange rate
Slide 9: Thank You
Thank You
Slide 10: Reconciliation of Selected GAAP measures to Non-GAAP measures
Reconciliation of Selected GAAP measures to Non-GAAP measures Wipro Limited and Subsidiaries (Amounts in ₹ crore) Computation of Gross cash position Cash and cash equivalents 7,068 Investments - Current 25,073 Total 32,141 IT Services Revenue to IT Services Revenue as per IFRS ($MN) IT Services Reve