Wipro Limited · NSE:WIPRO
Wipro — Q1 FY2022 Earnings Presentation
11 slides from Wipro's earnings presentation, July 2021
Slide 1: Financial Performance for the Quarter ended June 30, 2021
Financial Performance for the Quarter ended June 30, 2021 Jatin Dalal Chief Financial Officer Wipro Limited Public
Slide 2: Revenue for the Quarter
Revenue for the Quarter $ Mn $ 2.41 Bn IT Services Revenue | USD IT services Growth on Constant Currency Basis: ₹ 182.5 Bn QoQ: 12.0% INR Mn YoY: 21.3% Gross Revenue | INR Public © confidential 2
Slide 3: Operating Margin for the Quarter
Operating Margin for the Quarter IT Services Operating Margin refers to our segment results 18.8 % IT Services Operating Margin Operating Profit growth (Wipro Ltd.) QoQ: 1.6% INR Mn ₹34.7 Bn YoY: 28.9% Operating Profit (Wipro Ltd.) in INR Public © confidential 3
Slide 4: Net Income for the Quarter
Net Income for the Quarter INR Mn Net income refers to the profit attributable to equity share holders of the company ₹ 32.3 Bn Net Income | INR YoY growth Net Income: 35.2% ₹ 5.92 EPS: 41.0% INR Earnings Per Share | INR Public © confidential 4
Slide 5: Cash Flow Metrics for the Quarter
Cash Flow Metrics for the Quarter INR Mn ₹ 33.5 Bn Operating Cash Flow is at 103.7% Operating Cash Flow | INR of Net Income. Free Cash Flow ₹ 29.0 Bn INR Mn is at 89.6% of Net Income. Free Cash Flow | INR Public *Non-GAAP measures walk has been provided in the annexure © confidential 5
Slide 6: Other highlights
Other highlights 1. Highest organic sequential revenue growth in the last 38 quarters (CC terms) 2. Growth well ahead of the top end of the guided range, both organic and with Capco 3. We closed 8 large deals resulting in a TCV of over $715 million 4. Customer count in >$100 Mn account moved from 11
Slide 7: Outlook for quarter ending September 30, 2021
Outlook for quarter ending September 30, 2021 QoQ growth 5.0% to 7.0% We expect the revenue from our IT Services business to be in the range of $2,535 million to $2,583 million* • Outlook is based on the following exchange rates: GBP/USD at 1.40, Euro/USD at 1.21, AUD/USD at 0.77, USD/INR at 73.79 a
Slide 8: Thank You
wipro'i:s | Thank You
Slide 9: 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 June 30, 2021 Amount in INR Mn Amount in $Mn1 Computation of Gross Cash and Net Cash Cash & Cash Equivalents 140,617 1,892 Investments - Current 167,034 2,247 Gross Cash 307,651 4,139
Slide 10: Reconciliation of selected GAAP measures to Non-GAAP measures (2/2)
Reconciliation of selected GAAP measures to Non-GAAP measures (2/2) Reconciliation of Non-GAAP Constant Currency IT Services Revenue to IT Services Revenue as per IFRS ($Mn): Three Months ended June 30, 2021 IT Services Revenue as per IFRS $ 2,414.5 Effect of Foreign currency exchange movement $ (4.
Slide 11: Segment Information
Segment Information As announced on November 12, 2020, in order to broad base our growth, effective January 1, 2021, the Company re-organized IT Services segment to four Strategic Market Units (“SMUs”) - Americas 1, Americas 2, Europe and Asia Pacific Middle East Africa (“APMEA”). Americas 1 and Ame