Infosys Limited · NSE:INFY
Infosys — Q1 FY2011 Earnings Presentation
32 slides from Infosys's earnings presentation, Jul 9, 2010
Slide 1: Performance for the First Quarter ended June 30, 2010
Performance for the First Quarter ended June 30, 2010 S. Gopalakrishnan S. D. Shibulal Chief Executive Officer and Chief Operating Officer Managing Director and Director © Infosys Technologies Limited 2009-10
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 • Products and Platforms • Infosys BPO • Human Resources • Infrastructure • Outlook • Summary © Infosys Technologies Limited 2009-10
Slide 4: Financial Performance
Financial Performance © Infosys Technologies Limited 2009-10
Slide 5: Highlights...
Highlights... • Income was Rs. 6,198 crore for the quarter ended June 30, 2010; QoQ growth was 4.3%; YoY growth was 13.3% • Net profit after tax* was Rs. 1,488 crore for the quarter ended June 30, 2010; QoQ decline was 7.0%; YoY decline was 2.4% • Earnings per share* declined to Rs. 26.06 from Rs. 2
Slide 6: ...Highlights
...Highlights • 38 clients were added during the quarter by Infosys and its subsidiaries • Gross addition of 8,859 employees (net addition of 1,026) for the quarter by Infosys and its subsidiaries • 1,14,822 employees as on June 30, 2010 for Infosys and its subsidiaries © Infosys Technologies Limite
Slide 7: Financial Performance
Financial Performance Unaudited Condensed Consolidated Statement of Comprehensive Income for three months ended, (As per IFRS) In Rs. crore, except per share data June 30, Growth % in Growth March 31, Particulars Q1 11 over (%) 2010 2010 2009 Q4 10 Revenues 6,198 5,472 13.3 5,944 4.3 Cost of sales 3
Slide 8: Operational Performance
Operational Performance © Infosys Technologies Limited 2009-10
Slide 9: Region wise Revenue
Region wise Revenue REVENUE BY GEOGRAPHICAL SEGMENT Quarter ended LTM June 30, 2010 Mar 31, 2010 June 30, 2009 June 30, 2010 June 30, 2009 % % % % % North America 67.3 66.1 64.7 66.5 63.8 Europe 20.3 22.5 24.7 21.9 25.7 India 1.7 1.4 0.9 1.4 1.2 Rest of the world 10.7 10.0 9.7 10.2 9.3 Total 100.0 1
Slide 10: Effort and Utilization
Effort and Utilization Quarter ended LTM June 30, 2010 Mar 31, 2010 June 30, 2009 June 30, 2010 June 30, 2009 % % % % % Effort Onsite 22.9 22.6 22.7 22.6 23.2 Offshore 77.1 77.4 77.3 77.4 76.8 Utilization Including trainees 73.0 69.3 67.0 69.7 68.1 Excluding trainees 78.7 77.1 70.9 76.4 73.4 © Infos
Slide 11: Revenues by Project type
Revenues by Project type REVENUE BY PROJECT TYPE* Quarter ended LTM June 30, 2010 Mar 31, 2010 June 30, 2009 June 30, 2010 June 30, 2009 % % % % % Fixed Price 39.0 39.5 38.1 38.7 36.7 Time & Materials 61.0 60.5 61.9 61.3 63.3 Total 100.0 100.0 100.0 100.0 100.0 * Excluding products © Infosys Technol
Slide 12: Onsite-Offshore Revenue split
Onsite-Offshore Revenue split Quarter ended LTM June 30, 2010 Mar 31, 2010 June 30, 2009 June 30, 2010 June 30, 2009 % % % % % Revenue Onsite 48.0 46.0 46.4 46.6 46.4 Offshore 52.0 54.0 53.6 53.4 53.6 © Infosys Technologies Limited 2009-10
Slide 13: Customer Concentration
Customer Concentration CLIENT DATA Quarter ended Year ended June 30, 2010 Mar 31, 2010 June 30, 2009 Mar 31, 2010 Mar 31, 2009 Number of Clients Active 590 575 569 575 579 Added during the period 38 47 27 141 156 Accounting for > 5% of revenue – – – – 1 Number of million* dollar clients 1 Million do
Slide 14: Awards and Recognitions
Awards and Recognitions • The industry has richly recognized our contributions and value additions this quarter • Our leadership-building initiative got a fillip, with BusinessWeek and Hay Group’s 2009 survey ranking us tenth among the “Best Companies for Leadership” • In a poll conducted by Finance
Slide 15: Client Acquisition & Expansion of Services
Client Acquisition & Expansion of Services © Infosys Technologies Limited 2009-10
Slide 16: Client Acquisition & Expansion of Services
Client Acquisition & Expansion of Services • We continue to drive transformation for our existing clients; a number of new clients have solicited our help to make their businesses more dynamic and profitable • A leading aero structures manufacturer engaged our aerospace engineering team to design an
Slide 17: Products and Platforms
Products and Platforms © Infosys Technologies Limited 2009-10
Slide 18: Finacle
FinacleTM • Finacle™, our universal banking solution, won six deals this quarter. Of these, three were from APAC and three from EMEA. Eleven client projects went live during the quarter, of which eight were from APAC and three were from EMEA © Infosys Technologies Limited 2009-10
Slide 19: Flypp
Flypp™ • In the past quarter, Flypp™, the smart mobile application platform developed by us, won the first Aegis Alexander Graham Bell award for its "Innovative Approach to Technology and Business in Telecom”. This award is intended to promote innovation in telecommunication and recognize outstandin
Slide 20: Infosys iEngage
Infosys iEngage™ • We recently launched Infosys iEngage™, a digital consumer platform that enables companies to engage stakeholders from a single platform using best-in-class products that are integrated, customized and enhanced to meet specific industry needs © Infosys Technologies Limited 2009-10
Slide 21: Infosys BPO
Infosys BPO © Infosys Technologies Limited 2009-10
Slide 22: Infosys BPO
Infosys BPO • Infosys BPO continued to be a significant agency for handling outsourced services. A leading bank engaged us to manage large volumes of transactions arising from its mortgage business and provide services for its recoveries and collections business. Another bank partnered Infosys BPO t
Slide 23: Process innovation
Process innovation • During the first quarter, Infosys submitted 20 patent applications in India and the U.S. With this, Infosys has an aggregate of 241 patent applications (pending) in India and the U.S. and has been granted 12 patents by the United States Patent and Trademark Office © Infosys Tech
Slide 24: Human Resources
Human Resources © Infosys Technologies Limited 2009-10
Slide 25: Human Resources
Human Resources EMPLOYEE METRICS Quarter ended Year ended June 30, 2010 Mar 31, 2010 June 30, 2009 Mar 31, 2010 Mar 31, 2009 Total Employees 1,14,822 1,13,796 1,03,905 1,13,796 1,04,850 S/W professionals 1,08,495 1,06,864 96,334 1,06,864 97,349 Billable # 95,863 93,254 88,061 93,254 86,306 Banking P
Slide 26: Infrastructure
Infrastructure © Infosys Technologies Limited 2009-10
Slide 27: Infrastructure
Infrastructure • As on June 30, 2010, the company had 25,992,163 sq. ft of space capable of accommodating 110,331 employees and 2,896,446 sq. ft under completion capable of accommodating 23,725 employees © Infosys Technologies Limited 2009-10
Slide 28: Outlook
Outlook © Infosys Technologies Limited 2009-10
Slide 29: IFRS – Consolidated
IFRS – Consolidated • Outlook under IFRS – consolidated*** • Quarter ending September 30, 2010 • Income is expected to be in the range of Rs. 6,563 crore and Rs. 6,626 crore; YoY growth of 17.5% to 18.6% • Earnings per share is expected to be in the range of Rs. 27.42 and Rs. 27.95; YoY growth of 1.
Slide 30: Summary
Summary © Infosys Technologies Limited 2009-10
Slide 31: Summary
Summary • While the global economic environment remains uncertain, we continue to see greater demand for services from our clients. The challenge for the industry is to enhance the investment to growth the business, given the uncertainty in the environment • As we continue to invest in solutions and
Slide 32: Thank You
Thank You www.infosys.com © Infosys Technologies Limited 2009-10