Q4 Revenue Rs.16550 Cr , $2.446 Billion
Q-o-Q growth of 4.1% in Rupees terms & 1.6% in USD terms
Revenue growth 13.1% in rupees terms, 9.1% in USD terms
Volumes growth 2.4% ( healthy movement)
Utilization rate of 80.1% (See room for more improvement – Vishal Sikka)
Operation Margins – 25% vs 25.9% in FY 16
EPS (this quarter) – 15.74
EPS (full year) – 59.03
Signed 6 large deals + 2 large deals in the financial sector
45% growth in total contract value, large dal win rate has gone up.
Clients of more than USD 50 million – 52, Top 25 clients grew 9%
Focus on Automation project and providing better user experience.
Invested in waterline data science, Karnataka Jaldhara Project.
6-12% increase in Compensation and additional increase for employees with
better performance.
Revenue growth guidance at 11.5%-13.5%.
Operation Cash flows of 3785 crs.
Cash & cash equivalents of 34468 cr vs 31000 cr.
Attrition declining ( 17.1% vs 18.3%)
DSO – 66 days vs 65 days
Rupee depreciation @ 2.5%, USD appreciaition vs Australian $ @ 1.4%, Yield
on other income 8.4% vs 8.6% due to declining interest rates in India.
Effective tax rate of 28%, FY17 expectation at 29-30% (due to SEZ units
move from 100% exemption to 50% exemption).
Top 10 clients revenue declined 1.7% Q-o-Q
Top 10 clients revenue appreciated 12.3% Y-o-Y.
FSI declined 0.4%
Europe grew by by 2.4%. India by 9.1%
Guiding for 13.5% constant currency growth by FY17.
Operating efficiency levers will kick in 24-26% growth in operating margins
Cloud providers dramatically accelerated in the market. Infosys increased
cloud running with partners Amazon & Microsoft.
Legacy Mainframe Renewal – tremendous opportunity with partners (Amazon
& Microsoft).
New services in e-commerce (SKAVA).
Budget impact, no significant decline, budget remains flat.
Opportunity to cut down costs.
Training 9000 people for massive automations.
Vishal Sikka – Automation, Innovation & Education is the driving
force.
Tremendous potential in financial sector but remained concerned about the
volatility.
Dedicated team who look at all $20 million + deals. Designed thinking has
become fundamental.
Last 4 quarters, large deals increased significantly (45% more than last year).