Slide 1: Wipro Limited Investor Presentation
Wipro Limited Investor Presentation For the quarter and year ended March 31, 2024
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 •Our track record on performance •Overall Market Opportunity •Our Strategy •Key Highlights ©
Slide 4: Our track record on performance
Our track record on performance ©
Slide 5: Growth in IT Services business
Growth in IT Services business IT Services Revenue ($M) $10,454 $11,234 $10,805 $7,705 $7,895 $8,120 $8,253 $8,137 $7,082 $7,346 $6,218 $6,618 2012-23 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 Other highlights Partner to Industry Global footprint Diverse
Slide 6: Q4'24 Revenue Distribution – Diversified Portfolio
Q4’24 Revenue Distribution – Diversified Portfolio Revenue Mix Strategic Market Unit Mix (%) Revenue Contribution Top Customer 3.8% 30.4 30.7 27.8 11.1 Top 5 Customers 13.4% Americas 1 Americas 2 Europe APMEA Top 10 Customers 22.0% Customer Metrics* Revenue Mix (%) Customers > $100M 22 60.4 39.6 Cus
Slide 7: Overall market opportunity
Overall market opportunity ©
Slide 8: Global Market Size
Global Market Size India’s offshore IT & BPO exports ($B) 178 193 200 137 147 152 108 117 126 76 88 99 47 48 59 69 CAGR of 10.1% in last 15 years 1. Indian IT services sector is expected to grow at 2% y-o-y in FY2024 driven by the growing need for infrastructure management and networking services in
Slide 9: Our strategy
Our strategy ©
Slide 10: Our vision.
AMBITIONS REALIZED Our vision. BE A TRUSTED PARTNER to our clients in their transformation journey and enable them in achieving leadership in their respective industries. ORCHESTRATE VALUE for our clients as part of their transformation journey through sector-focused ‘Business solutions’, ‘Digital’
Slide 11: Our ambition.
AMBITIONS REALIZED Our ambition. Be a fast- Be known for Be a true growing, attracting global leader dynamic, and top talent from in our industry innovative different company industries ©
Slide 12: Our five strategic priorities.
Our five strategic priorities. 01 Focus & scale Accelerate growth • Prioritized sectors & markets 04 Build talent @ scale • Building talent across domains, tech and sales roles • Best of Wipro to our clients • Up-skilling/Re-skilling @ scale • Diverse and Local 02 Strengthen clients • 5 Habits-led h
Slide 13: Key highlights
Key highlights ©
Slide 14: Financial summary for the quarter ended March 31, 2024
Financial summary for the quarter ended March 31, 2024 All figures based on IFRS Q4’24 ( ₹ million) QoQ Growth YoY Growth IT Services Revenue 220,796 -0.3% -4.7% IT Services Operating 36,195 +2.2% -3.9% Income • IT Services Segment Revenue in dollar terms was $2657.4 million • IT Services Segment Re
Slide 15: Other highlights for the quarter
Other highlights for the quarter • Total bookings was at $3.6 billion, down by 5.1% QoQ in constant currency terms. • Large deal bookings was at $1.2 billion. • Operating cash flows at 182.6% of Net Income for the quarter was at ₹52.2 billion. • Voluntary attrition at 14.2% on TTM basis. ©
Slide 16: Outlook
Outlook for Quarter ending June 30, 2024 QoQ CC -1.5% to +0.5% We expect the revenue from our IT Services business segment to be in the range of $2,617 million to $2,670 million* Outlook for the Quarter ending June 30, 2024, is based on the following exchange rates: GBP/USD at 1.26, Euro/USD at 1.08
Slide 17: Education, Ecology, Community care highlights
Education, Ecology, Community care highlights Ecology Education Community Care • School Education: Supported over ~1.2L children (including ~13,000 • Provided disaster relief support for • 76% of total consumption from 267 families who are affected with Renewable energy children with disability), 8,
Slide 18: Reconciliation of selected GAAP measures to Non-GAAP measures (1/2)
Reconciliation of selected GAAP measures to Non-GAAP measures (1/2) Three Months ended March 31, 2024 IT Services Revenue as per IFRS $2,657.4 Effect of Foreign currency exchange movement ($8.5) Non-GAAP Constant Currency IT Services Revenue $2,648.9 based on previous quarter exchange rates Three Mo
Slide 19: Reconciliation of selected GAAP measures to Non-GAAP measures (2/2)
Reconciliation of selected GAAP measures to Non-GAAP measures (2/2) Reconciliation of Free Cash Flow for three months and twelve months ended March 31, 2024 Amount in INR Mn Three months Year ended ended 31-Mar-24 31-Mar-24 Net Income for the period [A] 28,582 111,121 Computation of Free Cash Flow N
Slide 20: Thank You
Thank You ©