Infosys Limited · NSE:INFY
Infosys — Q3 FY2008 Earnings Presentation
26 slides from Infosys's earnings presentation, January 2008
Slide 1: Performance of Infosys group for the Third Quarter ended December 31, 2007
Performance of Infosys group for the Third Quarter ended December 31, 2007 S. Gopalakrishnan S. D. Shibulal Chief Executive Officer and Chief Operating Officer Managing Director
Slide 2: Safe Harbour
Safe Harbour Certain statements in this presentation concerning our future growth prospects are forward-looking statements, within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended, which involve a numbe
Slide 3: Agenda
Agenda • Financial Performance • Operational Performance • Client Acquisition & Expansion of Services • Human Resources • Capex and Infrastructure • Outlook • Summary © Infosys Technologies Limited 2007-08 Slide 3
Slide 4: Financial Performance
Financial Performance
Slide 5: Highlights
Highlights • Quarterly revenues cross US$ 1 Billion mark • Income was Rs. 4,271 crore for the third quarter ended December 31, 2007; YoY growth was 16.9% • Net profit after tax was Rs. 1,231 crore for the quarter ended December 31, 2007; YoY growth was 25.2% • Earnings per share increased to Rs. 21.
Slide 6: Financial Performance
Financial Performance © Infosys Technologies Limited 2007-08 Slide 6
Slide 7: Operational Performance
Operational Performance
Slide 8: Region wise Revenue
Region wise Revenue % Q3 2008 Q2 2008 Q3 2007 North America 62.3 62.6 63.2 Europe 28.6 27.4 26.8 India 1.2 1.0 1.8 Rest of the world 7.9 9.0 8.2 Total 100.0 100.0 100.0 © Infosys Technologies Limited 2007-08 Slide 8
Slide 9: Utilization Rates
Utilization Rates 100.0% 77.8% 76.3% 70.3% 69.4% 0.0% Including training Excluding training Q2 2008 70.3% 77.8% Q3 2008 69.4% 76.3% Q2 2008 Q3 2008 © Infosys Technologies Limited 2007-08 Slide 9
Slide 10: Revenues by Project type
Revenues by Project type % Q3 2008 Q2 2008 Q3 2007 Fixed Price 32.8 29.8 27.7 Time & Materials 67.2 70.2 72.3 Total 100.0 100.0 100.0 © Infosys Technologies Limited 2007-08 Slide 10
Slide 11: Onsite-Offshore Revenue split
Onsite-Offshore Revenue split % Q3 2008 Q2 2008 Q3 2007 Onsite 47.8 48.8 49.2 Offshore 52.2 51.2 50.8 Total 100.0 100.0 100.0 © Infosys Technologies Limited 2007-08 Slide 11
Slide 12: Customer Concentration
Customer Concentration Q3 2008 Q2 2008 Q3 2007 Client contribution to revenues(%) Top Client 9.5 7.9 6.9 Top 5 clients 21.6 19.5 18.9 Top 10 clients 32.5 29.9 31.0 No. of clients* 1 Million dollar + 305 295 256 5 Million dollar + 128 122 108 10 Million dollar + 81 77 67 20 Million dollar + 45 44 35
Slide 13: Client Acquisition & Expansion of Services
Client Acquisition & Expansion of Services
Slide 14: Client Acquisition & Expansion of Services
Client Acquisition & Expansion of Services • During the quarter, 47 clients were added. • Customers, analysts and industry bodies commended Infosys for setting benchmarks in its strategy to enable customers to compete effectively in a dynamic market. • An independent analyst has cited Infosys as a l
Slide 15: Client Acquisition & Expansion of Services
Client Acquisition & Expansion of Services • British Telecom and Infosys were awarded the National Outsourcing Association (NOA) award for Innovative Outsourcing Project of the Year 2007. • Infosys entered the Balanced Scorecard Hall of Fame for Executing Strategy on the strength of its innovative s
Slide 16: Banking Products
Banking Products TM • Finacle , the universal banking solution from Infosys, won five new clients – three from Asia Pacific, one from Europe and one from the Americas. © Infosys Technologies Limited 2007-08 Slide 16
Slide 17: Process innovation
Process innovation • During the quarter, Infosys applied for 16 patents in the US and India. With this, Infosys has filed an aggregate of 109 patent applications in both countries. © Infosys Technologies Limited 2007-08 Slide 17
Slide 18: Human Resources
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Slide 19: Human Resources
Human Resources Q3 2008 Q2 2008 Total employee strength 88,601 80,501 Software professionals 83,011 75,313 Gross addition 11,683 8,543 Net addition 8,100 4,530 Laterals 2,570 1,754 © Infosys Technologies Limited 2007-08 Slide 19
Slide 20: Capex and Infrastructure
Capex and Infrastructure
Slide 21: Capex and Infrastructure
Capex and Infrastructure • Capital expenditure of Rs. 325 crore was incurred during the quarter • As on December 31, 2007, the company had 1,48,41,701* sq. ft of space capable of accommodating 70,321 employees and 86,19,018 sq. ft under completion capable of accommodating 29,791 employees © Infosys
Slide 22: Outlook
Outlook
Slide 23: Indian GAAP – Consolidated
Indian GAAP – Consolidated Quarter ending March 31, 2008* • Income is expected to be in the range of Rs. 4,477crore and Rs. 4,501crore; YoY growth of 18.7% – 19.3% • Earnings per share are expected to be Rs. 21.38; YoY growth of 5.3% Fiscal year ending March 31, 2008* • Income is expected to be in t
Slide 24: Summary
Summary
Slide 25: Summary
Summary • Achieved yet another milestone by crossing one billion dollars in revenues this quarter • Crossed a significant milestone reaching US$ 1 Billion in net profits in the last twelve months • Our unique business model combined with our value proposition continues to help our clients grow profi
Slide 26: Thank You
Thank You www.infosys.com