Infosys Limited · NSE:INFY
Infosys — Q2 FY2011 Earnings Presentation
32 slides from Infosys's earnings presentation, October 2010
Slide 1: Performance for the Second Quarter ended September 30, 2010
Performance for the Second Quarter ended September 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 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 © Infosys Technologies Limited 2009-10
Slide 4: Financial Performance
Financial Performance © Infosys Technologies Limited 2009-10
Slide 5: Highlights
Highlights... • Revenues were `6,947 crore for the quarter ended September 30, 2010; QoQ growth was 12.1%; YoY growth was 24.4% • Net profit after tax was `1,737 crore for the quarter ended September 30, 2010; QoQ growth was 16.7%; YoY growth was 13.2% • Earnings per share was `30.41 for the quarter
Slide 6: ...Highlights
...Highlights • 27 clients were added during the quarter by Infosys and its subsidiaries • Gross addition of 14,264 employees (net addition of 7,646) for the quarter by Infosys and its subsidiaries • 1,22,468 employees as on September 30, 2010 for Infosys and its subsidiaries • Declared an interim d
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 September 30, Growth % in Growth June 30, Particulars Q2 11 over 2010 2009 (%) 2010 Q1 11 Revenues 6,947 5,585 24.4 6,198 12.1 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 Sep 30, 2010 June 30, 2010 Sep 30, 2009 Sep 30, 2010 Sep 30, 2009 % % % % % North America 65.8 67.3 65.9 66.4 64.9 Europe 21.8 20.3 23.2 21.6 24.4 India 2.1 1.7 1.2 1.6 1.2 Rest of the world 10.3 10.7 9.7 10.4 9.5 Total 100.0 100.
Slide 10: Effort and Utilization
Effort and Utilization EFFORT AND UTILIZATION Quarter ended LTM Sep 30, 2010 June 30, 2010 Sep 30, 2009 Sep 30, 2010 Sep 30, 2009 % % % % % Effort Onsite 24.5 22.9 22.6 23.2 22.9 Offshore 75.5 77.1 77.4 76.8 77.1 Utilization Including trainees 74.3 73.0 67.3 71.4 67.6 Excluding trainees 81.2 78.7 73
Slide 11: Revenues by Project type
Revenues by Project type REVENUE BY PROJECT TYPE* Quarter ended LTM Sep 30, 2010 June 30, 2010 Sep 30, 2009 Sep 30, 2010 Sep 30, 2009 % % % % % Fixed price 39.9 39.0 38.0 39.2 37.7 Time & materials 60.1 61.0 62.0 60.8 62.3 Total 100.0 100.0 100.0 100.0 100.0 * Excluding products © Infosys Technologi
Slide 12: Onsite-Offshore Revenue split
Onsite-Offshore Revenue split Quarter ended LTM Sep 30, 2010 June 30, 2010 Sep 30, 2009 Sep 30, 2010 Sep 30, 2009 % % % % % Revenue Onsite 50.2 48.0 46.0 47.7 46.1 Offshore 49.8 52.0 54.0 52.3 53.9 © Infosys Technologies Limited 2009-10
Slide 13: Customer Concentration
Customer Concentration CLIENT DATA Quarter ended Year ended Sep 30, 2010 June 30, 2010 Sep 30, 2009 Mar 31, 2010 Mar 31, 2009 Number of clients Active 592 590 571 575 579 Added during the period 27 38 35 141 156 Accounting for > 5% of revenue – – – – 1 Number of million* dollar clients 1 million dol
Slide 14: Awards and Recognitions
Awards and Recognitions • In recognition of our management and strategic planning practice, we were given the 2010 Force of Ideas award by the Corporate Executive Board, Washington D.C. • We won the North America Oracle Titan Award for ‘Outstanding Customer Solutions by a Leading Partner’ during Ora
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 • Our solutions have been driving transformation for our existing and new clients, helping them streamline and diversify their businesses. • We are working with a global food and beverage major to enhance systems in their Product Lifecycle Management and La
Slide 17: Products and Platforms
Products and Platforms © Infosys Technologies Limited 2009-10
Slide 18: Finacle
FinacleTM • Gartner Inc. positioned Infosys in the Leaders Quadrant of the recently released ‘Magic Quadrant for International Retail Core Banking (IRCB) 2010’ report for its Finacle™ core banking solution. Finacle™ continued its business momentum, adding 11 wins this quarter. Of these, four were fr
Slide 19: Flypp
Flypp™ • Flypp™, the smart mobile application platform from Infosys, went live with Aircel, powering its PocketApps application store. The Aircel store offers over 2,000 mobile applications across seven different categories – Everyday Convenience, Education & Career, Finance, Health & Living, Games,
Slide 20: Infosys iEngage
Infosys iEngage™ • The Infosys iEngage™ digital consumer platform has been selected by one of the world’s leading semiconductor companies to deliver next generation eCommerce for its direct-to-consumer division servicing North America and four countries across Europe. • We also announced a strategic
Slide 21: Infosys BPO
Infosys BPO © Infosys Technologies Limited 2009-10
Slide 22: Infosys BPO
Infosys BPO Infosys BPO’s services continue to be in demand. A leading European life insurance company engaged us to assess cost reductions through back office policy servicing. We were engaged by a leading pharmaceutical company to provide multilingual support across 16 European countries. A large
Slide 23: Process innovation
Process innovation During the second quarter, Infosys applied for 18 patent applications in India and the US. With this, Infosys has an aggregate of 256 patent applications (pending) in India and the US and has been granted 15 patents by the United States Patent and Trademark Office. © Infosys Techn
Slide 24: Human Resources
Human Resources © Infosys Technologies Limited 2009-10
Slide 25: Human Resources
Human Resources EMPLOYEE METRICS Quarter ended Year ended Sep 30, 2010 June 30, 2010 Sep 30, 2009 Mar 31, 2010 Mar 31, 2009 Total employees 1,22,468 1,14,822 1,05,453 1,13,796 1,04,850 S/W professionals 1,15,972 1,08,495 97,594 1,06,864 97,349 Billable 99,667 95,863 87,798 93,254 86,306 Banking prod
Slide 26: Infrastructure
Infrastructure © Infosys Technologies Limited 2009-10
Slide 27: Infrastructure
Infrastructure • As on September 30, 2010, the company had 26,578,158 sq. ft of space capable of accommodating 112,931 employees and 2,685,715 sq. ft under completion capable of accommodating 21,125 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 December 31, 2010 • Revenues are expected to be in the range of `6,884 crore and `6,953 crore; YoY growth of 19.9% to 21.1% • Earnings per share (EPS) is expected to be in the range of `29.37 and `29.89; YoY growth of 7.5% to 9.
Slide 30: Summary
Summary © Infosys Technologies Limited 2009-10
Slide 31: Summary
Summary • Though the economic environment continues to be challenging, we have leveraged our client relationships, solutions and investments to grow faster in this quarter, There are significant drivers for investment in Information Technology since any transformation program to ‘build tomorrow’s en
Slide 32: Thank You
Thank You www.infosys.com © Infosys Technologies Limited 2009-10