Infosys Limited · NSE:INFY
Infosys — Infosys Technologies — Q3 FY2007 Earnings Presentation
26 slides from Infosys's earnings presentation, Jan 16, 2007
Slide 1: Performance of Infosys group for the Third Quarter ended December 31, 2006
F Infosys Performance of Infosys group for the Third Quarter ended December 31, 2006 Nandan M. Nilekani Chief Executive Officer and Managing Director S. Gopalakrishnan President, Chief Operating Officer and Joint Managing Director a
Slide 2: Safe Harbour
Safe Harbour ee Certain statements in this release concerning our future growth prospects are forward-looking statements, within the meaning of Section 274 of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended, which involve a number
Slide 3: » Financial Performance
» Financial Performance > Operational Performance > Client Acquisition & Expansion of Services >» Human Resources > Capex and Infrastructure » Outlook for the future > Summary
Slide 4: Highlights
Highlights Q3 FY 07 Q2 FY 07 Q3 FY 06 Indian GAAP Y-O-Y Growth Income 444% 50.4% 35.0% PAT from ord. Activities 50.0% 52.0% 30.6% US GAAP Y-O-Y Growth Revenues 46.9 % 424% 32.2% Net income 52.4% 44.2% 27.7% New clients. 43 45 36 Repeat business 94.7% 95.2% 93.2% Headcount Gross addition 6,062 10,795
Slide 5: Income statement (Rs. crore)
(Rs. crore) FY2007 FY2007—-FY2006 ‘growth over 3 a2 Qs 207 3.06 Income 3,655 3.451 2,532 59 444 ‘Siw development expenses 1,938 1,833, 4,327 87 46.0 Gross profit 4717 1.618 1,205 61 425 S,G8A expenses 524 509 344 24 515 Operating profit 4,196 4,109 861 78 38.9 Depreciation 141 122 17 186 205 Operati
Slide 6: Balance Sheet Summary
Balance Sheet Summary (Rs crore) Dec 31, 2006 % Dec 31, 2005 % LIABILITIES ‘Shareholders’ funds 9,715 100 7312 99 Minority interest - - 60 1 Total liabilities 9,715 100 7,372 100 ASSETS Fixed assets 3,191 33 2,096 28 Investments - - 2 - Deferred tax assets 83 1 87 1 Current assets Cash & equivalents
Slide 7: Operational Performance
Infosys |= Operational Performance
Slide 8: Region wise Revenue
Region wise Rev Q3 2007 Q2 2007 Q3 2006 North America 63.2 63.7 65.0 Europe 26.8 25.8 24.9 India 1.8 16 1.4 Rest of the world 8.2 8.9 8.7 Total 100.0 100.0 100.0
Slide 9: Utilization Rates
Utilization Rates> 100.0% 175% 75.8% 67.5% 67.5% 0.0% + ~ _ ~ _ Including training Excluding training (maz 2007 67.5% 115% 1.3 2007 67.5% 75.8% @Q2 2007 HQ3 2007
Slide 10: Fixed Price vs Time & Materials revenue
(%) Q3 2007 Q2 2007 Q3 2006 Fixed Price 27.7 26.2 28.4 Time & Materials 72.3 73.8 716 Total 100.0 100.0 100.0
Slide 11: Onsite-Offshore Revenue
ite-Offshore R (%) Q3 2007 Q2 2007 Q3 2006 Onsite 49.2 50.3 48.6 Offshore 50.8 49.7 51.4 Total 100.0 100.0 100.0
Slide 12: Customer Concentration
aaa Customer Concentfation Q3 2007 Q2 2007 Q3 2006 Client contribution to revenues(%) Top Client 69 66 45 Top 5 clients 18.9 21.0 17.6 Top 10 clients 31.0 32.9 29.9 No. of clients* Million dollar 256 232 206 5 million+ 108 7 78 40 million+ 67 61 51 20 million+ 35 29 25 30 million+ 22 20 18 40 millio
Slide 13: Client Acquisition & Expansion of Services
Infosys '|2- Client Acquisition & Expansion of Services
Slide 14: Client Acquisition & Expansion of Services
Sl oe me Client Acquisition BE xpansiomaese vi » Client acquisitions during the quarter were 43 > A leading US grocery chain selected Infosys to enhance its IT systems to support warehouse operations and improve business-IT alignment > A large distributor of paper products in the US is working with
Slide 15: Client Acquisition & Expansion of Services
ee Client Acquisition BE xpansionaese vi v v Infosys strengthened relationships in Europe, partnering with a top global retailer to implement infrastructure standards for better service levels and cost optimization In the UK, Infosys is transforming the customer service processes of a major energy a
Slide 16: Finacle
Finacle® » Finacle® registered a key win this quarter — a large nationalized bank in India with about 1,200 branches. Finacle® will power the bank's front- and back-office operations, enabling it to consolidate customer information, achieve better regulatory compliance and lower operational costs »
Slide 17: Subsidiaries
Subsidiaries > Infosys BPO Limited > Maintained its growth momentum » Recent customers include one of the largest integrated oil companies in the world, and one of the best known US media companies » Infosys Consulting Inc. > For a large pharmaceutical company, Infosys Consulting is developing a mas
Slide 18: Sponsored secondary offering and NASDAQ-100 inclusion
» During the quarter, Infosys completed a sponsored secondary offering of 3,00,00,000 American Depositary Shares (ADSs), representing 3,00,00,000 equity shares (one equity share represents one ADS) at a price of US$ 53.50 per ADS excluding underwriting discounts and commissions. The aggregate size o
Slide 19: Human Resources
Infosys |= Human Resources
Slide 20: Human Resources
Human Resoure Q3 2007 Q2 2007 Total employee strength 69,432 66,150 Software professionals 65,393 61,966 Gross addition 6,062 10,795 Laterals 1,676 2,560 Net addition 3,282 7,741
Slide 21: Capex and Infrastructure
Infosys | 2 Capex and Infrastructure
Slide 22: Capex and Infrastructure
Capex and | » Capital expenditure of Rs. 343 crore was incurred during the quarter » As on December 31, 2006, the company had 1,15,08,389* sq. ft of space capable of accommodating 58,488 professionals and 93,50,251 sq. ft under completion capable of accommodating 23,217 professionals * Excluding sub
Slide 23: Outlook for the Future
Infosys 2 Outlook for the Future
Slide 24: Infosys '|2-
Infosys '|2-
Slide 25: Summary and outlook
> Our investments in enriching and synergizing our portfolio of services have created compelling value propositions for our clients » We have delivered double digit revenue growth in dollar terms for the third consecutive quarter during this fiscal » The pricing environment continues to be stable wi
Slide 26: Thank You
Infosys '|2- Thank You
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