Infosys Limited · NSE:INFY
Infosys — Infosys Technologies — Q3 FY2011 Earnings Presentation
30 slides from Infosys's earnings presentation, January 2011
Slide 1: Performance for the Third Quarter ended December 31, 2010
Performance for the Third Quarter ended December 31, 2010 S. Gopalakrishnan S. D. Shibulal Chief Executive Officer and Chief Operating Officer Managing Director and Director © 2011 Infosys Technologies Limited
Slide 2: Safe Harbour
Safe Harbour Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties rel
Slide 3: Agenda
Agenda • Financial Performance • Operational Performance • Client Acquisition & Expansion of Services • Products and Platforms • Infosys BPO • Human Resources • Infrastructure • Outlook • Summary © 2011 Infosys Technologies Limited
Slide 4: Financial Performance
Financial Performance © 2011 Infosys Technologies Limited
Slide 5: Highlights...
Highlights... • Revenues were 7,106 crore for the quarter ended December 31, 2010; QoQ growth was 2.3%; YoY growth was 23.8% • Net profit after tax was 1,780 crore for the quarter ended December 31, 2010; QoQ growth was 2.5%; YoY growth was 14.2% • Earnings per share was 31.15 for the quarter ended
Slide 6: ...Highlights
...Highlights • 40 clients were added during the quarter by Infosys and its subsidiaries • Gross addition of 11,067 employees (net addition of 5,311) for the quarter by Infosys and its subsidiaries • 1,27,779 employees as on December 31, 2010 for Infosys and its subsidiaries © 2011 Infosys Technolog
Slide 7: Financial Performance
Financial Performance Unaudited Condensed Consolidated Statement of Comprehensive Income for three months ended, (As per IFRS) In crore, except share data December 31, Growth % in Growth Sep 30, Particulars Q3 11 over (%) 2010 2010 2009 Q2 11 Revenues 7,106 5,741 23.8 6,947 2.3 Cost of sales 4,063 3
Slide 8: Operational Performance
Operational Performance © 2011 Infosys Technologies Limited
Slide 9: Region wise Revenue
Region wise Revenue REVENUE BY GEOGRAPHICAL SEGMENT Quarter ended LTM Dec 31, 2010 Sep 30, 2010 Dec 31, 2009 Dec 31, 2010 Dec 31, 2009 % % % % % North America 64.7 65.8 66.6 65.9 65.5 Europe 21.8 21.8 21.9 21.6 23.5 India 2.2 2.1 1.2 1.9 1.2 Rest of the world 11.3 10.3 10.3 10.6 9.8 Total 100.0 100.
Slide 10: Effort and Utilization
Effort and Utilization EFFORT AND UTILIZATION Quarter ended LTM Dec 31, 2010 Sep 30, 2010 Dec 31, 2009 Dec 31, 2010 Dec 31, 2009 % % % % % Effort Onsite 24.5 24.5 22.5 23.7 22.7 Offshore 75.5 75.5 77.5 76.3 77.3 Utilization Including trainees 72.6 74.3 68.8 72.4 67.7 Excluding trainees 80.7 81.2 76.
Slide 11: Revenues by Project type
Revenues by Project type REVENUE BY PROJECT TYPE* Quarter ended LTM Dec 31, 2010 Sep 30, 2010 Dec 31, 2009 Dec 31, 2010 Dec 31, 2009 % % % % % Fixed price 41.2 39.9 38.3 39.9 38.2 Time & materials 58.8 60.1 61.7 60.1 61.8 Total 100.0 100.0 100.0 100.0 100.0 * Excluding products © 2011 Infosys Techno
Slide 12: Onsite-Offshore Revenue split
Onsite-Offshore Revenue split Quarter ended LTM Dec 31, 2010 Sep 30, 2010 Dec 31, 2009 Dec 31, 2010 Dec 31, 2009 % % % % % Revenue Onsite 49.3 50.2 46.1 48.5 46.2 Offshore 50.7 49.8 53.9 51.5 53.8 © 2011 Infosys Technologies Limited
Slide 13: Customer Concentration
Customer Concentration CLIENT DATA Quarter ended Year ended Dec 31, 2010 Sep 30, 2010 Dec 31, 2009 Mar 31, 2010 Mar 31, 2009 Number of clients Active 612 592 568 575 579 Added during the period 40 27 32 141 156 Accounting for > 5% of revenue _ – – – 1 Number of million* dollar clients 1 million doll
Slide 14: Awards and Recognitions
Awards and Recognitions • The 2010 RIS IT Services LeaderBoard ranked us number one among leading IT services suppliers in retail, for our innovation, transformation and operations related solutions to top retailers worldwide. • We were ranked India’s ‘Most Admired Company’ in The Wall Street Journa
Slide 15: Client Acquisition & Expansion of Services
Client Acquisition & Expansion of Services © 2011 Infosys Technologies Limited
Slide 16: Client Acquisition & Expansion of Services
Client Acquisition & Expansion of Services • A multi-national retailer in Europe selected us to define its global e-commerce road map and develop strategies to transform its online operations and become a multi-channel retailer. • We helped one of the leading grocery retailers in the UK with its str
Slide 17: Products and Platforms
Products and Platforms © 2011 Infosys Technologies Limited
Slide 18: Finacle
Finacle™ • Finacle continued to scale new heights with its winning combination of ease of use, interoperability, cost effectiveness, depth of functionality and ease of integration. Once again, independent research firm Forrester Research, Inc. named Infosys Technologies as a leader in The Forrester
Slide 19: Infosys BPO
Infosys BPO © 2011 Infosys Technologies Limited
Slide 20: Infosys BPO
Infosys BPO • Infosys BPO remains a trusted and valued collaboration partner through consistent focus on improving process and end-business metrics. We continue to enable realization of business value, customer satisfaction and co-creation to sustain long-term partnerships. • For a leading mobile op
Slide 21: Process innovation
Process innovation During the third quarter, Infosys applied for 17 patent applications in India and the US. With this, Infosys has an aggregate of 270 patent applications (pending) in India and the US and has been granted 18 patents by the United States Patent and Trademark Office. © 2011 Infosys T
Slide 22: Human Resources
Human Resources © 2011 Infosys Technologies Limited
Slide 23: Human Resources
Human Resources EMPLOYEE METRICS Quarter ended Year ended Dec 31, 2010 Sep 30, 2010 Dec 31, 2009 Mar 31, 2010 Mar 31, 2009 Total employees 1,27,779 1,22,468 1,09,882 1,13,796 1,04,850 S/W professionals 1,21,144 1,15,972 1,03,476 1,06,864 97,349 Billable 1,03,617 99,667 89,086 93,254 86,306 Banking p
Slide 24: Infrastructure
Infrastructure © 2011 Infosys Technologies Limited
Slide 25: Infrastructure
Infrastructure • As on December 31, 2010, the company had 26.8 mn sq. ft of space capable of accommodating 1,14,457employees and 5.1 mn sq. ft under completion capable of accommodating 27,319 employees © 2011 Infosys Technologies Limited
Slide 26: Outlook
Outlook © 2011 Infosys Technologies Limited
Slide 27: IFRS – Consolidated
IFRS – Consolidated Outlook under IFRS – consolidated* Quarter ending March 31, 2011** • Revenues are expected to be in the range of 7,157 crore and 7,230 crore; YoY growth of 20.4% to 21.6% • Earnings per share (EPS) is expected to be in the range of 31.06 and 31.28; YoY growth of 10.8% to growth o
Slide 28: Summary
Summary © 2011 Infosys Technologies Limited
Slide 29: Summary
Summary • The weaker economic recovery in developed markets coupled with high unemployment and risk of sovereign default could impact industry growth. We are closely working with our clients as they fine tune their strategies for the future. • We continue to implement our clients’ operational requir
Slide 30: Thank You
Thank You www.infosys.com © 2011 Infosys Technologies Limited
Infosys Technologies — Q3 FY2011 Earnings Presentation on 6ix