Slide 1: Wipro Limited Investor Presentation
Wipro Limited Investor Presentation For the quarter ended March 31, 2020 Public
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 Public © confidential 3
Slide 4: Track record on performance
Track record on performance Public
Slide 5: Growth in IT Services business
Growth in IT Services business IT Services Revenue ($ Million) $7,895 $8,120 $8,256 $7,346 $7,705 $7,082 $6,218 $6,618 $5,921 $5,221 $4,323 $4,390 $3,647 2007-2008 2008-2009 2009-2010 2010-2011 2011-2012 2012-2013 2013-2014 2014-2015 2015-2016 2016-2017 2017-2018 2018-2019 2019-2020 IT Services Busi
Slide 6: Q4'20 Revenue Distribution – Diversified Portfolio
Q4’20 Revenue Distribution – Diversified Portfolio Revenue Distribution Business Unit Distribution Revenue contribution^ ENU COMM BFSI - Banking, Financial Services Top customer 3.0% 13% 5% and Insurance TECH BFSI CBU – Consumer Business Unit Top 5 customers 12.2% 13% 30% COMM – Communications Top 1
Slide 7: Overall market opportunity
Overall market opportunity Public
Slide 8: Global market size
Global market size India’s offshore IT and BPO exports ($ Billion) 137 CAGR ~15% 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 FY19 1. Long Term Fundamentals of the India offshoring story remain intact 2. Of
Slide 9: Our Strategy
Our Strategy Public
Slide 10: We realize our vision through our strategy
We realize our vision through our strategy 1. Business Transformation 2. Modernization 3. Connected Intelligence 4. Trust • Consulting led approach across • Integrated Cloud first approach across • Data to Intelligence to Outcomes- DDP • Address changing security, privacy & Domain & Technology Apps,
Slide 11: 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 12: Ecology, Community and People Program highlights
Ecology, Community and People Program highlights Ecology Education Community Care 97% of waste is diverted from Systemic Reforms: Partnered with 116 Healthcare outreach: nearly landfill organizations in areas of systematic 40,000 people 40% of our total India Energy reforms over 18 years Consumption
Slide 13: 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 14: Key highlights
Key highlights Public
Slide 15: Financial summary for the quarter ended March 31, 2020
Financial summary for the quarter ended March 31, 2020 All figures based on IFRS Q4’20 ( ₹ million) YoY Growth IT Services Revenue 152,960 4.7% IT Services Operating Income 26,925 -4.1% 1. IT Services Segment Revenue in dollar terms was $2,073.7 million. 2. Adjusted IT Services Segment Revenue decre
Slide 16: Other highlights
Other highlights 1. EPS grew double digit by 11.2% YoY for the year 2. Added 5 accounts to the >$100mn+ bucket YoY 3. Voluntary Attrition on LTM basis has reduced to 14.7% 4. FPP mix at 63.2% for Q4’20 5. Offshore mix is at 48.2% for Q4’20 6. Digital is now at 41.2% of our revenue in Q4’20 Public ©
Slide 17: Thank You
wipro':3s Thank You
Slide 18: Reconciliation of selected GAAP measures to Non-GAAP measures
Reconciliation of selected GAAP measures to Non-GAAP measures Reconciliation of gross cash as of March 31, 2020 Wipro Ltd and subsidiaries ( Amount in INR Crores) Computation of Gross Cash Cash & Cash Equivalents 14,449.9 Investments - Current 18,963.5 Total 33,413.4 Reconciliation of free cash flow
Slide 19: Reconciliation of selected GAAP measures to Non-GAAP measures
Reconciliation of selected GAAP measures to Non-GAAP measures Reconciliation of Non-GAAP Constant Currency IT Services Revenue to IT Services Revenue as per IFRS ($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 20: Reconciliation of selected GAAP measures to Non-GAAP measures
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 $ 2,06