Infosys Limited · NSE:INFY
Infosys — Q1 FY2009 Earnings Presentation
27 slides from Infosys's earnings presentation, Jun 30, 2008
Slide 1: Performance for the First Quarter ended June 30, 2008
Performance for the First Quarter ended June 30, 2008 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, 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 uncertaintie
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 4: Financial Performance
Financial Performance
Slide 5: Highlights
Highlights • Income was Rs. 4,854 crore for the first quarter ended June 30, 2008; YoY growth was 28.7% • Net profit after tax* was Rs. 1,302 crore for the quarter ended June 30, 2008; YoY growth was 20.7% • Earnings per share* increased to Rs. 22.75 from Rs. 18.89 for the corresponding quarter in t
Slide 6: Financial Performance
Financial Performance © Infosys Technologies Limited 2007-08
Slide 7: Operational Performance
Operational Performance
Slide 8: Region wise Revenue
Region wise Revenue % Quarter ended LTM Jun 30, Mar 31, Jun 30, Jun 30, Jun 30, 2008 2008 2007 2008 2007 North America 62.6 60.7 62.6 62.0 63.0 Europe 27.3 29.3 26.8 28.1 26.5 India 1.3 1.3 1.8 1.2 1.7 Rest of the world 8.8 8.7 8.8 8.6 8.8 Total 100.0 100.0 100.0 100.0 100.0 © Infosys Technologies L
Slide 9: Utilization Rates
Utilization Rates 100.0% 70.5% 72.2% 73.9% 68.9% 0.0% Including training Excluding training Q1 2009 68.9% 72.2% Q1 2008 70.5% 73.9% Q1 2009 Q1 2008 © Infosys Technologies Limited 2007-08
Slide 10: Revenues by Project type
Revenues by Project type % Quarter ended LTM Jun 30, Mar 31, Jun 30, Jun 30, Jun 30, 2008 2008 2007 2008 2007 Fixed Price 32.8 33.2 27.5 32.2 26.9 Time & Materials 67.2 66.8 72.5 67.8 73.1 Total 100.0 100.0 100.0 100.0 100.0 © Infosys Technologies Limited 2007-08
Slide 11: Onsite-Offshore Revenue split
Onsite-Offshore Revenue split % Quarter ended LTM Mar 31, Jun 30, Jun 30, Jun 30, Jun 30, 2008 2008 2007 2008 2007 Revenue Onsite 47.5 47.5 49.7 47.9 49.7 Offshore 52.5 52.5 50.3 52.1 50.3 © Infosys Technologies Limited 2007-08
Slide 12: Customer Concentration
Customer Concentration Quarter ended Year ended Jun 30, 2008 Mar 31, 2008 Jun 30, 2007 Mar 31, 2008 Mar 31, 2007 Number of Clients Active 567 538 509 538 500 Added during the period 49 40 35 170 160 Accounting for > 5% of revenue 1 1 1 1 1 Number of million* dollar clients 1 Million dollar + 325 310
Slide 13: Awards and Recognitions
Awards and Recognitions • Forbes magazine named Infosys in its list of Global High Performers • Waters magazine rated Infosys as the Best Outsourcing Partner • The Banker magazine conferred two Banker Technology Awards on Infosys to acclaim its work in wholesale and capital markets in two categories
Slide 14: Client Acquisition & Expansion of Services
Client Acquisition & Expansion of Services
Slide 15: Client Acquisition & Expansion of Services
Client Acquisition & Expansion of Services • During the quarter, 49 clients were added • Clients and market influencers recognized Infosys’ leadership in the industry as well as its service excellence and delivery efficiency • Forbes magazine named Infosys in its list of Global High Performers • Wat
Slide 16: Client Acquisition & Expansion of Services
Client Acquisition & Expansion of Services • Businesses across the world continued to benefit from Infosys’ services and solutions • An automotive OEM is using Infosys’ engineering services to develop seating systems • A high-tech company has approached Infosys to develop its competitive strategy an
Slide 17: Banking Products
Banking Products • Finacle™, the Universal Banking Solution from Infosys, won a strategic global partnership with BBVA, one of the top 15 banks. One of the largest banks in Asia Pacific is implementing Finacle™’s core banking solution. © Infosys Technologies Limited 2007-08
Slide 18: Process innovation
Process innovation • During the quarter, Infosys applied for an aggregate of 30 patents in the US and India. With this, Infosys has filed an aggregate of 149 patent applications (pending) in both countries and has been granted two patents by the USPTO. © Infosys Technologies Limited 2007-08
Slide 19: Human Resources
Human Resources
Slide 20: Human Resources
Human Resources Q1 2009 Q4 2008 Total employee strength 94,379 91,187 Software professionals 87,816 85,013 Gross addition 7,182 5,947 Net addition 3,192 2,586 Laterals 2,013 2,340 © Infosys Technologies Limited 2007-08
Slide 21: Capex and Infrastructure
Capex and Infrastructure
Slide 22: Capex and Infrastructure
Capex and Infrastructure • Capital expenditure of Rs. 337 crore was incurred during the quarter • As on June 30, 2008, the company had 1,78,56,088* sq. ft of space capable of accommodating 80,880 employees and 70,19,986 sq. ft under completion capable of accommodating 23,945 employees © Infosys Tech
Slide 23: Outlook
Outlook
Slide 24: Indian GAAP – Consolidated
Indian GAAP – Consolidated Quarter ending September 30, 2008* • Income is expected to be in the range of Rs. 5,229 crore and Rs. 5,272 crore; YoY growth of 27.4% – 28.4% • Earnings per share is expected to be in the range of Rs. 23.52 and Rs. 23.95; YoY growth of 22.1% -24.4% Fiscal year ending Marc
Slide 25: Summary
Summary
Slide 26: Summary
Summary • The pricing environment continued to remain stable during the quarter • We saw strong growth in the manufacturing sector during the quarter • We are excited about new opportunities where large customers are partnering with Infosys on their innovation and R&D journey • Our end-to-end servic
Slide 27: Thank You
Thank You www.infosys.com