FINANCIAL PERFORMANCE FOR THE YEAR ENDED MARCH 31, 2001 FINANCIAL PERFORMANCE FOR THE YEAR ENDED MARCH 31, 2001 All brand names, product names or logos.

FINANCIAL PERFORMANCE FOR THE YEAR ENDED MARCH 31, 2001 FINANCIAL PERFORMANCE FOR THE YEAR ENDED MARCH 31, 2001 All brand names, product names or logos referenced in this presentation are trademarks or registered trademarks of their respective companies or organizations © 2001 Infosys All rights reserved --------20 th Annual General Meeting--------

© 2001 Infosys All rights reserved 20 th Annual General Meeting This presentation may contain certain forward looking statements. The company may not achieve results as expressed or implied by such forward looking statements. Actual results could differ materially from those expressed or implied in such forward looking statements due to a number of factors including those discussed under the head "Risk factors" in the company's filings with the United States Securities and Exchange Commission. Do not place undue reliance on these forward looking statements. This presentation contains references to findings of various reports available in the public domain. The company makes no representation as to their accuracy or that the company subscribes to those findings. They are provided only by way of information.

© 2001 Infosys All rights reserved 20 th Annual General Meeting Highlights More than 100% year-on-year growth in Revenue and Profit after tax before extraordinary items in all the four quarters during the year Total dividend of Rs. 10.00 per share (200% on par value of Rs. 5) for the year taking the total amount of dividend to Rs. 66.16 crore as against Rs. 29.76 crore for the previous year FII investment limit increased to 49% from 40% Awarded silver shield for best presented accounts by ICAI, for the sixth consecutive time More than 100% year-on-year growth in Revenue and Profit after tax before extraordinary items in all the four quarters during the year Total dividend of Rs. 10.00 per share (200% on par value of Rs. 5) for the year taking the total amount of dividend to Rs. 66.16 crore as against Rs. 29.76 crore for the previous year FII investment limit increased to 49% from 40% Awarded silver shield for best presented accounts by ICAI, for the sixth consecutive time

© 2001 Infosys All rights reserved 20 th Annual General Meeting 921.46 1959.94 113% 20002001 Total income (Rs.cr) 869.70 1874.03 378.88 808.92 Exports (Rs.cr) 2000 2001 Operating profit (Rs.cr) 2001 2000 Year at a glance 115% 114%

© 2001 Infosys All rights reserved 20 th Annual General Meeting * From ordinary activities Year at a glance (contd…) 325.65 696.03 20002001 PBT (Rs.cr) 285.95 623.32 PAT* (Rs.cr) 20002001 Basic EPS* (Rs) 2001 2000 94.23 43.23 114% 118%

© 2001 Infosys All rights reserved 20 th Annual General Meeting 41.1%41.3% 20002001 PBIDT (%) 35.3% 35.5% PBT* (%) 20002001 PAT* (%) 20012000 31.8% 31.0% Year at a glance (contd…) * From ordinary activities

© 2001 Infosys All rights reserved 20 th Annual General Meeting Extra-ordinary items Infosys piloted the venture – OnMobile Systems Inc as part of the incubation scheme for employees to launch their own ventures while continuing to derive benefits from a close association with the company. During the year, Infosys transferred its intellectual property rights in the Onscan product – a web enabled notification product to OnMobile Systems Inc for a gross consideration of Rs 8.93 crore (Rs 5.49 crore – net of tax) received in the form of equity, preferred voting and non-voting securities Infosys piloted the venture – OnMobile Systems Inc as part of the incubation scheme for employees to launch their own ventures while continuing to derive benefits from a close association with the company. During the year, Infosys transferred its intellectual property rights in the Onscan product – a web enabled notification product to OnMobile Systems Inc for a gross consideration of Rs 8.93 crore (Rs 5.49 crore – net of tax) received in the form of equity, preferred voting and non-voting securities

© 2001 Infosys All rights reserved 20 th Annual General Meeting Provision for investments Pending the conclusion of liquidation proceedings, provision has been made for investments and accounts receivable in EC Cubed Inc., and Alpha Thinx Mobile Phone Services AG. Rs.cr InvestmentAccounts Cumulative receivablebillings EC Cubed Inc.13.084.6723.02 Alpha Thinx Mobile Phone Services AG.2.211.496.58 Total15.296.1629.60 Pending the conclusion of liquidation proceedings, provision has been made for investments and accounts receivable in EC Cubed Inc., and Alpha Thinx Mobile Phone Services AG. Rs.cr InvestmentAccounts Cumulative receivablebillings EC Cubed Inc.13.084.6723.02 Alpha Thinx Mobile Phone Services AG.2.211.496.58 Total15.296.1629.60

© 2001 Infosys All rights reserved 20 th Annual General Meeting Leveraging the Global Delivery Model 16 state-of-the-art development centers in India Global development center in Toronto, Canada 6 proximity development centers in Fremont, Boston, Chicago, New Jersey, Phoenix, Arizona in the US and in London, UK Sales and marketing offices in 25 locations across the globe …we link customers worldwide. 16 state-of-the-art development centers in India Global development center in Toronto, Canada 6 proximity development centers in Fremont, Boston, Chicago, New Jersey, Phoenix, Arizona in the US and in London, UK Sales and marketing offices in 25 locations across the globe …we link customers worldwide.

© 2001 Infosys All rights reserved 20 th Annual General Meeting 2001 2000 68 35.6 203.4 87 57.1 413.85 Fiscal year ended March 31, Per-capita revenues (US$ 000)Billed manmonths (‘000)Revenues (US$ Mn) 80% CAGR 50% CAGR 20% CAGR Drivers of growth 103% 60% 28% Fiscal year ended March 31,

© 2001 Infosys All rights reserved 20 th Annual General Meeting Client concentration FY 2001FY 2000FY 1999 Active clients273194115 Clients added during the year1229939 % of revenue from top client7.3%7.2%6.4% % of revenue from top 5 clients26.0%30.2%28.4% % of revenue from top 10 clients39.2%45.7%44.0% Clients accounting for >5% of revenues345 Repeat business (%)85%87%90% No. of million-dollar clients804235 No. of 5-million-dollar clients19106 No. of 10-million-dollar clients 114- No. of 20-million-dollar clients3-- FY 2001FY 2000FY 1999 Active clients273194115 Clients added during the year1229939 % of revenue from top client7.3%7.2%6.4% % of revenue from top 5 clients26.0%30.2%28.4% % of revenue from top 10 clients39.2%45.7%44.0% Clients accounting for >5% of revenues345 Repeat business (%)85%87%90% No. of million-dollar clients804235 No. of 5-million-dollar clients19106 No. of 10-million-dollar clients 114- No. of 20-million-dollar clients3--

© 2001 Infosys All rights reserved 20 th Annual General Meeting E-business exposure Q1Q2Q3Q4FY 01 Internet & e-commerce related revenues ($ mn)23.030.832.531.2117.5 Of this, business from –  Established corporations62%70%80%84%75%  Dot-coms & venture -funded companies38%30%20%16%25% Q1Q2Q3Q4FY 01 Internet & e-commerce related revenues ($ mn)23.030.832.531.2117.5 Of this, business from –  Established corporations62%70%80%84%75%  Dot-coms & venture -funded companies38%30%20%16%25%

© 2001 Infosys All rights reserved 20 th Annual General Meeting Q1 Q2Q3Q4FY 01 Revenues from dot-com & internet start-up companies10.9%9.5%5.8%4.0%7.1% Telecom start-up companies6.3%2.7%3.5%3.0%3.7% Total start-up and venture funded companies17.2%12.2%9.3%7.0%10.8% Q1 Q2Q3Q4FY 01 Revenues from dot-com & internet start-up companies10.9%9.5%5.8%4.0%7.1% Telecom start-up companies6.3%2.7%3.5%3.0%3.7% Total start-up and venture funded companies17.2%12.2%9.3%7.0%10.8% Revenues from start-up and venture funded companies

© 2001 Infosys All rights reserved 20 th Annual General Meeting A strong balance sheet... (Rs. crore) Mar 31, 2001%Mar 31, 2000% SOURCES OF FUNDS Share capital33.08233.083 Reserves and surplus1356.5679800.2380 Current liabilities & provisions319.8519165.9617 Total1709.49100999.27100 APPLICATION OF FUNDS Fixed assets557.6633207.3421 Investments34.12213.831 Sundry Debtors302.3718136.1814 Cash and equivalents577.7434508.3751 Other current assets237.6014133.5513 Total1709.49100999.27100 CONTINUED TO BE A ZERO-DEBT COMPANY (Rs. crore) Mar 31, 2001%Mar 31, 2000% SOURCES OF FUNDS Share capital33.08233.083 Reserves and surplus1356.5679800.2380 Current liabilities & provisions319.8519165.9617 Total1709.49100999.27100 APPLICATION OF FUNDS Fixed assets557.6633207.3421 Investments34.12213.831 Sundry Debtors302.3718136.1814 Cash and equivalents577.7434508.3751 Other current assets237.6014133.5513 Total1709.49100999.27100 CONTINUED TO BE A ZERO-DEBT COMPANY

© 2001 Infosys All rights reserved 20 th Annual General Meeting 159.87 463.35 20002001 Capital investment (Rs.cr) 53.23 112.89 Depreciation (Rs.cr) 2000 2001 Depreciation/ revenues (%) 2001 2000 5.8...Inspite of increased Capex spending 190% 112%

© 2001 Infosys All rights reserved 20 th Annual General Meeting Cash flows continue to be strong… (Rs. crore) FY 2001FY 2000 Operating cash flows541.23249.48 Financing cash flows(39.82)(21.53) Proceeds on exercise of stock options2.381.76 Dividends paid(42.20)(19.92) Expenses related to issue of ADSs / ADSs linked stock options-(3.37) Investing cash flows(452.22)(146.16) Purchases of fixed assets(463.35)(159.87) Proceeds on sale of fixed assets0.220.10 Long-term investments(26.63)(13.08) Income from investments37.5526.69 Effect of exchange differences20.179.93 Net increase in cash & cash equivalents69.3691.71 Cash and cash equivalents, beginning of year508.37416.66 Cash and cash equivalents, end of year577.74508.37 (Rs. crore) FY 2001FY 2000 Operating cash flows541.23249.48 Financing cash flows(39.82)(21.53) Proceeds on exercise of stock options2.381.76 Dividends paid(42.20)(19.92) Expenses related to issue of ADSs / ADSs linked stock options-(3.37) Investing cash flows(452.22)(146.16) Purchases of fixed assets(463.35)(159.87) Proceeds on sale of fixed assets0.220.10 Long-term investments(26.63)(13.08) Income from investments37.5526.69 Effect of exchange differences20.179.93 Net increase in cash & cash equivalents69.3691.71 Cash and cash equivalents, beginning of year508.37416.66 Cash and cash equivalents, end of year577.74508.37

© 2001 Infosys All rights reserved 20 th Annual General Meeting 1999-2000 2000-2001 Days of sales receivable - 56 daysDays of sales receivable - 58 days Age profile of Accounts Receivable...While receivables are continuously monitored.

© 2001 Infosys All rights reserved 20 th Annual General Meeting 40.6% 56.1% 54.2% 200020011999 Return on Average Net Worth (RONW) 46.3% 62.6% 63.5% 200020011999 Return on Capital Employed (ROCE) 111.7% 105.7% 93.5% 200020011999 Return on Invested Capital (ROIC) Other performance indicators

© 2001 Infosys All rights reserved 20 th Annual General Meeting 1.25 1.71 1.36 200020011999 Capital Output Ratio 3.66 3.34 3.64 200020011999 Invested Capital Output Ratio 63.84 13.44 18.08 200020011999 Enterprise value/ total revenue (X) Other performance indicators

© 2001 Infosys All rights reserved 20 th Annual General Meeting * From ordinary activities. Other performance indicators 43.23 94.23 20.71 200020011999 EPS* (Rs.) 51.28 111.29 26.30 200020011999 Cash EPS* (Rs.) 4.50 10.00 3.75 200020011999 Dividend per share (Rs.) Restated on par value of Rs.5 and adjusted for bonus issues in earlier years.

© 2001 Infosys All rights reserved 20 th Annual General Meeting 125.97 210.05 86.84 200020011999 Book value (Rs.) 207.48 43.19 70.74 200020011999 Price Earnings (x) 151,076 68,547 24,632 200020011999 Market price/ Adjusted IPO price (%) Restated on par value of Rs.5 and adjusted for bonus issues in earlier years. Other performance indicators

© 2001 Infosys All rights reserved 20 th Annual General Meeting FY 2001FY 2000FY 1999 Brand value (Rs.cr)5,3765,2461,727 EVA (Rs.cr)389.02129.0670.78 Value added (Rs.cr)1,563.18723.31374.11 HR value (Rs.cr)5,123.422,237.42945.70 Education index28,72515,54410,731 Average age of employees (years)25.6726.1426.14 Revenue from image enhancing clients (%)52%47%49% FY 2001FY 2000FY 1999 Brand value (Rs.cr)5,3765,2461,727 EVA (Rs.cr)389.02129.0670.78 Value added (Rs.cr)1,563.18723.31374.11 HR value (Rs.cr)5,123.422,237.42945.70 Education index28,72515,54410,731 Average age of employees (years)25.6726.1426.14 Revenue from image enhancing clients (%)52%47%49% Strength of the invisibles

© 2001 Infosys All rights reserved 20 th Annual General Meeting Amounts in US$ mn Year at a glance 203.44 413.85 20002001 Revenues 92.36 200.24 60.50 137.51 Gross profit 20002001 Operating income 2001 2000 103% 117% 127%

© 2001 Infosys All rights reserved 20 th Annual General Meeting 65.62 142.59 20002001 Operating income (excl. stock comp) 61.34 131.95 66.46 137.03 Net income 20002001 Net income (excl. stock comp) 2001 2000 Amounts in US$ mn Year at a glance (Contd…) 117% 115% 106%

© 2001 Infosys All rights reserved 20 th Annual General Meeting Year at a glance (Contd…) 32.3% 34.5% 20002001 Operating income (excl. stock comp) / revenues 32.7% 33.1% 1.01 2.08 Net income (excl. stock comp) / revenues 20002001 Basic EPS ( excl. stock comp) ($) 2001 2000 106%

© 2001 Infosys All rights reserved 20 th Annual General Meeting US GAAP and Indian GAAP reconciliation (US$ Mn) FY 2001FY 2000 Net profit as per Indian GAAP136.8467.78 Adjustments Deferred tax0.770.85 Provision for retirement benefit to employees0.74(0.74) Employee stock-based compensation(5.08)(5.12) Provision for contingencies/e-inventing(0.09)(1.42) Transfer of intellectual property rights (net of tax)(1.23)- Net income as per US GAAP131.9561.34 (US$ Mn) FY 2001FY 2000 Net profit as per Indian GAAP136.8467.78 Adjustments Deferred tax0.770.85 Provision for retirement benefit to employees0.74(0.74) Employee stock-based compensation(5.08)(5.12) Provision for contingencies/e-inventing(0.09)(1.42) Transfer of intellectual property rights (net of tax)(1.23)- Net income as per US GAAP131.9561.34

© 2001 Infosys All rights reserved 20 th Annual General Meeting Investor services 87.7% of share transfers in physical form completed within 15 days during the year Investor grievances/ correspondence attended to within a period of 10 days (Except in cases constrained by disputes or legal impediments) Over 98% of the company’s shares are now held in electronic form Pending share transfer related litigation - 13 cases 87.7% of share transfers in physical form completed within 15 days during the year Investor grievances/ correspondence attended to within a period of 10 days (Except in cases constrained by disputes or legal impediments) Over 98% of the company’s shares are now held in electronic form Pending share transfer related litigation - 13 cases

© 2001 Infosys All rights reserved 20 th Annual General Meeting Community services Grants of Rs.5.26 crore during the year to Infosys Foundation, a not-for-profit trust to support initiatives that benefit society- at-large Continued the social programs initiated in 1999 – Catch Them Young, Rural Reach and Train The Trainer.  Covered about 800 urban children from 100 schools, 2,000 children in rural schools (in five languages), and 90 engineering college teachers from over about 60 colleges across the country Infosys has donated 744 computers to 272 institutions across India through its Computers@ classrooms initiative launched in January 1999 Grants of Rs.5.26 crore during the year to Infosys Foundation, a not-for-profit trust to support initiatives that benefit society- at-large Continued the social programs initiated in 1999 – Catch Them Young, Rural Reach and Train The Trainer.  Covered about 800 urban children from 100 schools, 2,000 children in rural schools (in five languages), and 90 engineering college teachers from over about 60 colleges across the country Infosys has donated 744 computers to 272 institutions across India through its Computers@ classrooms initiative launched in January 1999

© 2001 Infosys All rights reserved 20 th Annual General Meeting Awards won during the year For the sixth year in succession, Infosys received the silver shield from the Institute of Chartered Accountants of India for the Best Presented Accounts for 1999-2000 Asiamoney poll of financial analysts voted Infosys the best in management among the listed companies in India for the fifth time in a row The Far Eastern Economic Review rated Infosys as the No.1 company in India in the Review 2000, an annual survey of India’s leading companies For the sixth year in succession, Infosys received the silver shield from the Institute of Chartered Accountants of India for the Best Presented Accounts for 1999-2000 Asiamoney poll of financial analysts voted Infosys the best in management among the listed companies in India for the fifth time in a row The Far Eastern Economic Review rated Infosys as the No.1 company in India in the Review 2000, an annual survey of India’s leading companies

FINANCIAL PERFORMANCE FOR THE YEAR ENDED MARCH 31, 2001 FINANCIAL PERFORMANCE FOR THE YEAR ENDED MARCH 31, 2001 All brand names, product names or logos.

Similar presentations

Presentation on theme: "FINANCIAL PERFORMANCE FOR THE YEAR ENDED MARCH 31, 2001 FINANCIAL PERFORMANCE FOR THE YEAR ENDED MARCH 31, 2001 All brand names, product names or logos."— Presentation transcript:

Similar presentations

About project

Feedback

Log in

Auth with social network:

FINANCIAL PERFORMANCE FOR THE YEAR ENDED MARCH 31, 2001 FINANCIAL PERFORMANCE FOR THE YEAR ENDED MARCH 31, 2001 All brand names, product names or logos.

Similar presentations

Presentation on theme: "FINANCIAL PERFORMANCE FOR THE YEAR ENDED MARCH 31, 2001 FINANCIAL PERFORMANCE FOR THE YEAR ENDED MARCH 31, 2001 All brand names, product names or logos."— Presentation transcript:

Similar presentations

About project

Feedback