Investors

Corporate and Financial Highlights

• Committed to reduce our environmental impact: We aim to limit our GHG emissions aligned to a 1.5° C pathway by 2030 and to reach net-zero by 2040.
• The company has adopted IFRS accounting standard with transition date as April 1, 2020. The previous period numbers (FY’21 and FY’22) have been recast using IFRS standards.
• Strong Booking performance: For full year FY’22, TCV of New Deal wins at US$ 8,308 mn, registering 14% YoY growth. ACV is higher by 21% YoY on full year basis. TCV of New Deal wins at US$ 2,260 mn for Q4, registering 6% QoQ growth. 10 Net New deal wins in Q4 of which
  • Services TCV at US$ 2,216 mn enabled by 6 net new large Services deal wins
  • Products TCV at US$ 54 mn enabled by 4 net new large Product deal wins
  • Significant number of small deals
• FY’22 Revenue growth at 12.7% YoY in Constant Currency.
  • Services Revenue crossed the US$ 10 bn milestone and registered a growth of 14.9% YoY cc for FY’22.
  • Q4 FY’22 Revenue growth at 1.1% QoQ cc (13.3% YoY cc).
  • During Q4, Services business has grown at 5.0% QoQ cc (17.5% YoY cc), with a CQGR of 5.2% for 3 consecutive quarters
    • Engineering and R&D Services grew at robust 3.9% QoQ cc (23.7% YoY cc) driven by traction in digital engineering and IoT Works.
    • IT and Business Services grew at healthy 5.2% QoQ cc (16.2% YoY cc), driven by acceleration in cloud transformation and application and data modernization.
• All around growth across verticals and geographies YoY in constant currency for the quarter.
  • Growth momentum led by Telecom, Media, Publishing & Entertainment (20.2%), Lifesciences & Healthcare (18.5%), Manufacturing (16.6%), Technology & Services (14.3%), and Financial Services (10.2%).
  • Geography growth powered by Europe (13.6%), Americas (13.0%) and ROW (15.0%).
• Mode 2 continues to lead the growth momentum growing at 31.8% YoY in Constant Currency during FY’22.
• Strong client addition across all categories. On YoY basis, US$ 100 mn+ clients up by 1, US$ 50 mn+ clients up by 8, US$ 20 mn+ clients up by 22, US$ 10 mn+ clients up by 30, US$ 5 mn+ clients up by 31, and US$ 1 mn+ clients up by 73.
• Net Income grew at robust 18.3% YoY in Q4. The stellar growth in Net Income is after excluding the impact of one-timers like the Milestone bonus of US$ 78.8 mn and DTL on Goodwill of US$ 165.1 mn, last year.
• Total headcount at 208,877 with Net Addition of 39,900 during the year, up by 23.6% YoY. Net Additions during the quarter was brisk at 11,100, up 5.6% sequentially.

• Cash Generation continues to be robust:

  Annual Fiscal
  Particulars	FY'22	As % of Net Income	YoY
  OCF	2,265	125.3%	-14.6%
  FCF	2,044	113%	-14.6%

  Quarter Ended
  31-Mar-22	As % of Net income	QoQ	YoY
  735	154.8%	24.3%	54.4%
  685	144.2%	29.3%	67.4%

• Gross Cash stands at US$ 2,914 mn and Net Cash at US$ 2,388 mn at the end of March 31, 2022.
• The company has declared a dividend of ₹18 per share for the quarter.