Wipro Limited · NSE:WIPRO
Wipro — Q4 FY2020 Earnings Presentation
15 slides from Wipro's earnings presentation, Apr 21, 2020
Slide 1: Performance for the Quarter & Year ended March 31, 2020
Jatin Dalal Chief Financial Officer Wipro Limited Performance for the Quarter & Year ended March 31, 2020 Exhibit 99.2
Slide 2: Revenue growth – QoQ/YoY (IT Services $ Revenue)
*The YoY growth rates have been adjusted for the impact of divestments. The walk for the same is provided in the end 1. QoQ & YoY* growth on Constant Currency basis is 0.4% & 2.6% 2. Reported YoY growth after adjustment of divestments is 0.4% IT Services $ Revenue Mn 1. YoY* growth on Constant Curre
Slide 3: Gross Revenue in INR Mn – Revenue growth
Gross Revenue in INR Mn Q4’20 FY’19 to FY’20 Revenue growth – QoQ/ YoY
Slide 4: IT Services Operating Margin
IT Services Operating Margin Q4’20 FY’19 to FY’20 Operating Margin – QoQ/ YoY
Slide 5: Operating Profit (Wipro Ltd.) in INR Mn
Operating Profit (Wipro Ltd.) in INR Mn Q4’20 FY’19 to FY’20 Operating Profit – QoQ/ YoY
Slide 6: Net Income
Net Income – QoQ/ YoY Note: The Effective Tax Rate for Q4’20 was 20.9% vs 20.0% in Q3’20 and 22.1% in Q4’19. For FY’20, ETR was 20.2% vs 21.9% in FY’19 Net Income in INR Mn Q4’20 FY’19 to FY’20
Slide 7: Earnings per share
Earnings per share – QoQ/ YoY Earnings per share in INR Q4’20 FY’19 to FY’20
Slide 8: Cash Flow Metrics - QoQ/YoY
Cash Flow Metrics- QoQ/ YoY Operating Cash flow in INR Mn Operating Cash Flow is at 60.5% of Net Income Operating Cash Flow is at 103.5% of Net Income Q4’20 FY’19 to FY’20
Slide 9: Cash Flow Metrics - Free Cash Flow
Cash Flow Metrics – QoQ/ YoY Free Cash flow in INR Mn* * Note on the Non-GAAP measures walk has been provided in the annexure Free Cash Flow is at 80.7% of Net Income Free Cash Flow is at 37.3% of Net Income Q4’20 FY’19 to FY’20
Slide 10: Other highlights
Other highlights EPS grew double digit by 11.2% YoY for the year Added 5 accounts to the >$100mn+ bucket YoY Voluntary Attrition on LTM basis has reduced to 14.7% FPP mix at 63.2% for Q4’20 Offshore mix is at 48.2% for Q4’20 Digital is now at 41.2% of our revenue in Q4’20
Slide 11: Outlook for quarter ending June 30, 2020
Outlook for quarter ending June 30, 2020 Due to the uncertainty around the course of the COVID-19 pandemic, we do not have visibility into the extent to which it will disrupt our operations, and we have decided to not provide revenue guidance for the quarter ending June 30, 2020. We anticipate that
Slide 12: Thank You
Thank You Public
Slide 13: Reconciliation of selected GAAP measures to Non-GAAP measures
Reconciliation of selected GAAP measures to Non-GAAP measures Reconciliation of gross cash as of March 31, 2020 Reconciliation of free cash flow for three months and year ended March 31, 2020
Slide 14: Reconciliation of Non-GAAP Constant Currency IT Services Revenue
Reconciliation of selected GAAP measures to Non-GAAP measures Reconciliation of Non-GAAP Constant Currency IT Services Revenue to IT Services Revenue as per IFRS ($MN): Three Months ended March 31, 2020 IT Services Revenue as per IFRS $2,073.7 Effect of Foreign currency exchange movement $ 30.5 Non-
Slide 15: Reconciliation of Non-GAAP Adjusted IT Services Revenue
Reconciliation of selected GAAP measures to Non-GAAP measures Reconciliation of Non-GAAP Adjusted IT Services Revenue to IT Services Revenue as per IFRS ($MN) Three Months ended March 31, 2019 IT Services Revenue as per IFRS $2,075.5 Effect of divestments $ (9.3) Adjusted IT Services Revenue $2,066.