Certain Statements In This Presentation Concerning Our .

2y ago
22 Views
2 Downloads
2.33 MB
29 Pages
Last View : 1m ago
Last Download : 2m ago
Upload by : Harley Spears
Transcription

Certain statements in this presentation concerning our future growth prospects, financial expectations and plans for navigating the COVID-19 impact on ouremployees, clients and stakeholders are forward-looking statements intended to qualify for the 'safe harbor' under the Private Securities Litigation Reform Actof 1995, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. Therisks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding COVID-19 and the effects of governmentand other measures seeking to contain its spread, risks related to an economic downturn or recession in India, the United States and other countries aroundthe world, changes in political, business, and economic conditions, fluctuations in earnings, fluctuations in foreign exchange rates, our ability to manage growth,intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highlyskilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, industry segmentconcentration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunicationnetworks or system failures, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the successof the companies in which Infosys has made strategic investments, withdrawal or expiration of governmental fiscal incentives, political instability and regionalconflicts, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economicconditions affecting our industry and the outcome of pending litigation and government investigation. Additional risks that could affect our future operatingresults are more fully described in our United States Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal yearended March 31, 2020. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements,including statements contained in the Company's filings with the Securities and Exchange Commission and our reports to shareholders. The Company doesnot undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.2

MARKET CAPSTRONG REVENUEGROWTHUS 80 bn*US 13.56 bn LTM Revenue5.0% Y/Y CC growthLIQUID AND DEBT FREEBALANCE SHEETHIGH DIGITAL SHAREUS 6.58 bn LTM/ 48.5% of revenue29.4% Y/Y CC growthSTRONG OPERATINGPROFIT / MARGINUS 3.33 bn LTM /Margin at 24.5%3As of FY21* MarketCap on 31-Mar-2021Cash & cash equivalentsUS 5.29 bn (36% of total assets)EMPLOYEES259.6K with38.6% womenFREE CASH FLOWUS 2.97 bn LTM

A global companywith presence in 46 countriesNorth America 61.3%Europe24.2%Rest of World11.6%India2.9%4Segment data for FY21

32.4%InsuranceFinancial Services8 of the top 10 US Banks7 of the top 10 GlobalInsurance CompaniesConsumer PackagedGoods & LogisticsBankingRetail14.7%RetailAll of the top 10 globalCPG companies3.1%OthersServing 189 of Fortune500 Companies6.8% Life Sciences9 of the top 10 GlobalPharma Companies12.5%Energy, Utility, Resources & Services9.4%Manufacturing5Segment data for FY21Communications5 of the top 10 global telcos8.5% Hi Tech11 of the top 20global hi-techCompanies12.6%All the top 10 Globalauto companies4 of the top 5 global O&G supermajors

We are a pioneering company withDigital revenues cross50% markFirst Indian company listedon NASDAQIncorporatedin Pune19811993Gets listed onBSE / NSE19992004Crosses US 1 billion inrevenueLargest Indiansecondary ADS offeringof US 1.6 billion20062008CompletesUS 2 billionshare buybackUS listingtransfer to NYSE2012Selected as original memberof The Global DowCrosses Rs100k crorein revenue2016CrossesUS 10 billionin revenue2017AnnouncesESG Vision 20302018Another US 2 billioncapital returnUnveils Navigate your Nextstrategy62021

Strong CorporateGovernanceCorporate SocialResponsibilitySustainabilityScale AgileDigital7Energizethe CoreExpandSkillingDriveLocalization

l IT services spend ( bn)201020182025Indian IT services market ( bn)We are a leading player in an industry projected to grow in double digits8Source: Gartner - Forecast: Enterprise IT Spending by Vertical Industry Market, Worldwide, 2010-2016, 4Q12Gartner - Forecast Alert: IT Spending, Worldwide, 3Q20 Update, Oct 13, 2020 DeitY, GoI; Nasscom Perspective 2025Growth numbers are in CAGR terms

OUR VISION IS TO BEa globally respected corporationthat provides best-of-breedbusiness solutions, leveragingtechnology, delivered by best-inclass peopleLEVERAGING ACULTURE THAT ISpowered by intellect anddriven by valuesOURSTRATEGYWE WILL DO THIS BYRESULTING INconsistent, profitable growthfor our stakeholders9Staying relevant to ourclients for them to“navigate their next”

The technology-led transformationof our clients’ businesses iscreating new demand, but alsonew competitors1The demand for quality talentin new areas is rising globally,increasing costs for attraction,retention and reskilling423The rising but disruptivepromise of automation10Traditional IT services arerapidly commoditizingresulting in higherbargaining power for ourclients

11Scale AgileDigitalEnergize theCoreExpand SkillingDriveLocalizationInvest in digitalcapabilities andpriority servicesInfuse AI andautomationRe-skill talent atscale forus and our clientsHire locally inmarkets, localdelivery andtraining

Differentiate end-userexperienceMonetize & leverage big dataIncrease velocity of product and businessmodel innovationModernize and automate legacy processand technology assetsSecure technology infrastructure andassure business performance12

Impactful solutions to complex challengesHolistic digital solutionsDesign studios for co-innovationTargeted acquisitions & partnershipsCapability Building at scaleWingspan: Digital platform forcontinuous learningStrategic e-content alliancesInfosys Knowledge InstituteIncreased relevance with local talentEmerging-tech innovation hubsInnovation ecosystem accessLocal recruitment and trainingAgile service deliveryFull-stack, agile trained workforceRedesigned agile workplacesDistributed agile methodologies and frameworksAssets for a hyper-productive enterprise1340K automation components & partnerships, NiaAI-based industry platforms: Finacle, McCamish, Stater, EdgeMethodologies for operational efficiencies

Sustained Leaders – 16 First time leaders – 24 Moved to Leaders – 8ACCELERATEOracle /Oracle CloudINSIGHTSalesforceApplicationManagementSAP/SAP Cloud MigrationHyperscalers – AWS, Azure, GCPCloud InfrastructureSalesforceMulticloudMicrosoft End to End ServicesCloud NativeSupply n ServicesSoftware ProductEngineeringER&DBlockchain Technology ServicesDigital ManufacturingIoT ServicesEngineering ServicesBusiness AnalyticsCloud Business AnalyticsData & AnalyticsAI DrivenCognitive appsEXPERIENCEDigital ProcessAutomationDigital ExperienceConsultingApplication &Digital BankingEmployee ExperienceCommerce & Digital PlatformsApplication & Digital Capital MarketsInsurance App & Digital ServicesCX, DTXDigital AssociatesDigital TransformationASSUREQuality EngineeringApplication TestingDigital Workplace Services

Accelerateinternal automationacross landscapesPlatforms andmicro-automation assetsfor large programs1M 40K USE CASES15COMPONENTSe.g. Next-gen chatbots,Genome, Hawkeye100K EMPLOYEESdeployed in DigitalReengineerthe corporation led byAI services and apps,platformsBusiness appspowered byNia, McCamish,Stater, Finacle

PARTNERSHIPSStrategic alliancesfor external contentintegration94%INFOSCIONSon the Lex platformThe platform houses over300,000 1,800resourcescoursesLargest residentialcorporate training centerglobally in MysoreCan train15,000employees simultaneously16

17,000 Local USA hires*17Campus hiring 4,800Campus hires25,00089Innovation Hubsacross US and EUGlobal digitalstudios5G7lab atMelbourneGlobal CyberDefense centers

Operating Profits ( bn)3.32.510.920425.5%10.211.831.2%22812.813.5FY 172.7FY 18FY 19FY 20Free Cash Flow ( bn)48.5%2422002.7Revenues ( bn)26039.2%Total employees (‘000)2.7FY 9FY20FY21* Digital revenues have been reported since FY18DigitalFY 17FY 18FY 19FY 20FY 21

Onsite Mix29.8%29.3%28.6%28.1%14.1Large deal TCV ( bn) 100mn clients25.8%32FY 17289.0FY 18256.3193.5FY 19FY 20FY 21Utilization84.6%2084.3%84.0%84.7%3.181.7%FY17 FY18New wins19FY19FY20FY21FY17FY18 FY19FY20FY21FY 17FY 18FY 19FY 20FY 21

34.4% Q4 YoY29.4% FY9.6% Q4 YoY5.0% FY24.5% Q424.5% FYCC Digital growthCC Revenue growthOperating margin17.0% FYIncrease in EPS( terms)GUIDANCEFY 22 revenue growth guidance of 12% - 14% in constant currencyFY 22 operating margin guidance of 22% - 24%20All financial numbers are based on IFRS consolidated financials 2.1 bn Q4 14.1 bn FYLarge deal signings

1Growth withstrategicinvestments2Scale Agile Digital withkey investmentsInvest in inorganic movesto expand client relevanceGo-to-marketlocalizationInorganicmoves alignedto strategy3Progressivecapital allocationReturn 85% of free cashflows cumulatively overa 5-year periodCash return ofAcquisitionscapabilities 10.4 billion*in last four fiscal yearsInfosys Compaz is JV with TemasekHipus is JV with Hitachi, Panasonic and Pasona21Stater is JV with ABN AMROBlue Acorn iCi acquisition is yet to be completedJoint Ventures* Includes proposed final dividend for FY21 andproposed share buyback

1811.1312.1317.5017.504,74016.758,767Consistently growingDividend Per Share (DPS in ) (1)9,20015.00*13,000 21,76727.008,260 22,118Capital returned(2,3) to shareholders % ofNP40% ofNP50% ofNPFY1870% ofFCFFY19FY20 85% of FCFover 5-yearsFY21Regular dividendSpecial dividendFY 20 and FY21 dividend and share buyback will be 83% of 2-year FCF22(1)Excludes Special Dividends. DPS figures are adjusted for Bonus issues.Dividend amount is inclusive of Dividend Distribution Tax(3) For FY21, includes proposed final dividend and share buyback (excluding buyback tax)(2)* Proposed final dividendFY20FY21Buyback

1 YEAR TSRNifty 5073.0%Infosys 113.3% 5.2% 118.5%5 YEAR TSRNifty 50103.3%Infosys 2331-Dec-2020124.6%* TSR – Total Shareholder ReturnsShare price increaseDividend yield34.4%159.0%

67%IndependentdirectorsGuided by our stakeholders87%Publicshareholding17%To roll out ESOPsTo voluntarily adoptUS GAAP and IFRS reportingand comply with SOXADR floatTo publish quarterlyaudited financialsProfessionalTo get listed on NASDAQListed atBSE, NSE and NYSETo facilitate ADR participationin buybackManagement Team24History offirsts for anIndian company

Social per capita consumption(FY08-FY20)DiversityInfosys FoundationWorking in healthcare, education, arts andculture, destitute care and ruraldevelopmentRead moreWomenBoard membersInfosys Science FoundationSpreading the culture of science andresearch. Instituted Infosys Prize whichcompleted 10 years in 2018-19Read moreInfosys Foundation USAElectricity – 55%Water – 64%2522%Spearheading a variety of computerscience education and maker initiatives tobenefit students and teachersRead morePart of DJSI World, DJSI Emerging Market and FTSE4Good Index38.6%Women employeesEmployeesfromNationalities152

Environment VisionSocial VisionServe the preservation of our planet byshaping and sharing technologysolutionsServe the development of people by shaping afuture with meaningful opportunities for allSocial AmbitionsEnvironment AmbitionsClimate change Carbon neutrality across Scope1, 2 and 3 emissions Reducing Scope 1 and 2 GHGemissions by 75% Reducing Scope 3 GHGemissions by 30% Engaging clients on climateactionsWater 100% wastewater recyclingWaste Zero waste to landfillEnabling digital talent at scale Extending digital skills to 10mn (2025)Tech for good Empowering 80 mn lives via tech for goodprograms (2025)Governance VisionServe the interests of all our stakeholders byleading through our core valuesGovernance AmbitionsCorporate Governance Empowered, diverse and inclusive Board Sustainable supply chains Robust compliance and integritypractices Transparent communications withstakeholdersDiversity and inclusion Creating a gender-diverse workforce with 45%womenData privacy Leading data privacy standardsEnergizing local communities Delivering 33% of work by leveragingflexible/remote work optionsInformation management Industry leadership in our informationsecurity practicesEmployee wellness and experience Facilitating best-in-class employee experience26Formed ESG Committee of the Board with 3 Independent Directors

Microsoft Partnerof the Year Awardin the Global AllianceSI Partner category in 2019ServiceNow GlobalService Provider Partnerof the Year for 2020Won the UN Global ClimateAction Award in the ‘ClimateNeutral Now’ categoryRecognized as one of theWorld’s Most EthicalCompanies in 2021 byEthisphere InstituteInfosys USA certified asGreat Place to Workfor excellence inemployment practices27Multiple recognitions inInstitutional Investor 2020All-Asia Executive Team rankings

Global IT services business modelInfosys Advantage Growing market for organization widetechnology transformationsGlobal scale operator with focus on DigitalGeographic spread with negligible geo political riskIntegrated and broad suite of service and solutionsIndustry and client diversificationInnovation ecosystem coupled with partnerships and alliancesMulti-currency order bookInvestments in new service and technology offeringsLimited-energy dependence and low environmentalfootprintLocalization strategy across geographiesAsset light operationsDeep and lasting client relationshipsRapid reskilling and refactoring of workforceLiquid and debt free supported by articulated capital returns policyResponsible M&A aligned to business strategyStrong governance credentials with wide shareholder base,independent board and US listing28

THANK YOU 2019 Infosys Limited, Bengaluru, India. All Rights Reserved. Infosys believes the information in this document is accurate as of its publication date; suchinformation is subject to change without notice. Infosys acknowledges the proprietary rights of other companies to the trademarks, product names and such otherintellectual property rights mentioned in this document. Except as expressly permitted, neither this documentation nor any part of it may be reproduced, stored in aretrieval system, or transmitted in any form or by any means, electronic, mechanical, printing, photocopying, recording or otherwise, without the prior permission ofInfosys Limited and/ or any named intellectual property rights holders under this document.

Retail 14.7% Retail All of the top 10 global CPG companies 12.4% Communications 5 of the top 10 global telcos 12.5% Energy, Utility, Resources & Services 4 of the top 5 global O&G supermajors 9.3% Manufacturing 11 of the top 20 global hi-tech Companies 8.2% Hi Tech 7.1% Life Sciences 2.7% Others All the top 10 Global auto companies Serving 191 of Fortune 500 Companies 5 Segment data for Q3 .

Related Documents:

Overview of the Financial Statements The Village's basic financial statements are comprised of three components: 1) entity-wide financial statements; 2) fund financial statements; and 3) notes to the basic financial statements. This report also contains supplementary information in addition to the basic financial statements themselves.

2.7 Statements 2.7.1 Expression Statements and Compound Statements Expression Statement: Similar to C, classical statements are expression statements. Compound Statement: A group of statements could be chained back to back, but only when expected by conditional statements if, while or for. Collectively we can refer those as statement lists.

Initial Public Offering N O V E M B E R 2 0 1 8. Certain statements in this presentation, including responses to questions, contain or may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical facts contained in this presentation .

In the 26 years since 有iley publìshed Organic 1于ze Disconnection Approach 色y Stuart Warren,由自approach to the learning of synthesis has become while the book Ìtself is now dated in content and appearance' In 唱Tiley published Organic and Control by Paul Wyatt and Stuart 轧Tarren. Thís muc如柱。okís as a

Condensed set of Interim Financial Statements An entity complying with IAS 34 has a choice of preparing a condensed set of Interim Financial Statements or a full set of IFRS financial statements. These Interim Financial Statements illustrate a condensed set of Interim Financial Statements based on the requirements of IAS 34.8. Where a full set of

interim financial statements report 04 consolidated interim financial statements 28 financial statements 31 notes to financial statements 37 certification of the condensed consolidated interim financial statements pursuant to art. 154 bis, fifht paragraph, of legislative decree 58/98 and of art. 81 - ter of consob regulation n. 11971/99

Annual Financial Statements for the year ended 30 June 2020 Contents Report of the Audit Committee Page Certificate of the Company Secretary 3 Directors’ report 5 Independent auditors’ report 6 Income statements 7 Statements of comprehensive income 9 Statements of financial position 9 Statements of cha

Consolidated Financial Statements: Statements of Financial Position 3. Statements of Activities 4 -5. Statements of Functional Expenses 6 -7. Statements of Cash Flows 8. Notes to Consolidated Financial Statements 9 -30. Notes to the Schedule of Expenditures of Federal AwardsReport of Independent Auditors on Internal Control Over 33