Wipro Limited · NSE:WIPRO
Wipro — Q2 FY2020 Earnings Presentation
19 slides from Wipro's earnings presentation, Sep 30, 2019
Slide 1: Wipro Limited Investor Presentation
Wipro Limited Investor Presentation For the quarter ended September 30, 2019
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 © confidential 3
Slide 4: Track record on performance
Track record on performance
Slide 5: Growth in IT Services business
Growth in IT Services business IT Services Revenue ($ Million) $7,705 $7,895 $8,120 $7,082 $7,346 $6,218 $6,618 $5,921 $5,221 $4,323 $4,390 $3,647 2007-2008 2008-2009 2009-2010 2010-2011 2011-2012 2012-2013 2013-2014 2014-2015 2015-2016 2016-2017 2017-2018 2018-2019 IT Services Business has grown at
Slide 6: Q2'20 Revenue Distribution – Diversified Portfolio
Q2’20 Revenue Distribution – Diversified Portfolio Revenue Distribution Business Unit Distribution Revenue contribution^ ENU COMM BFSI - Banking, Financial Services Top customer 3.2% 13% 6% and Insurance TECH BFSI CBU – Consumer Business Unit Top 5 customers 12.8% 13% 31% COMM – Communications Top 1
Slide 7: Overall market opportunity
Overall market opportunity
Slide 8: Global market size
Global market size India’s offshore IT and BPO exports ($ 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
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 40% of electricity from Renewable Systemic Reforms: 20,000 schools Healthcare outreach: nearly sources across 29 states through 163 projects 40,000 people 4% reduction in water consumption Sustainability Education: Cum
Slide 13: Recognized among India's most innovative companies
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
Slide 15: Financial summary for the quarter ended September 30, 2019
Financial summary for the quarter ended September 30, 2019 All figures based on IFRS Q2’20 ( ₹ million) YoY Growth IT Services Revenue 146,451 3.7% IT Services Operating Income 26,507 24.7% 1. IT Services Segment Revenue in dollar terms was $2,048.9 million. 2. Adjusted IT Services Segment Revenue i
Slide 16: Other highlights
Other highlights 1. Attrition on LTM basis has reduced to 17.0% 2. Localization in US now at 67.8% 3. FPP mix at an all time high of 61.9% 4. Digital now at 39.6%, grew 29.0% YoY 5. Onboarded over 3,200 freshers in Q2 6. Completed share buyback of INR 10,500 crores in Q2 © 16
Slide 17: Thank you
Thank you
Slide 18: Reconciliation of Selected GAAP measures to Non-GAAP measures
Reconciliation of Selected GAAP measures to Non-GAAP measures Reconciliation of Gross Cash as of September 30, 2019 Reconciliation of Free Cash flow for three months and six months ended September 30, 2019 Reconciliation of Free cash flow Wipro Ltd and Subsidiaries ( Amount in INR Crores) Three mont
Slide 19: Reconciliation of Selected GAAP measures to Non-GAAP measures
Reconciliation of Selected GAAP measures to Non-GAAP measures Reconciliation of Non-GAAP Constant Currency IT Services Revenue to IT Services Revenue as per IFRS ($MN) Three Months ended September 30, 2019 IT Services Revenue as per IFRS $ 2,048.9 Effect of Foreign currency exchange movement $ 12.1