Genpact has announced results for Q4 and full year 2021.
Q4 2021:
- Revenues were $1,072.3m, up 12.8% y/y, up 13% in CC
- EBIT was $111.9m, an EBIT margin of 10.4%, down 146 bps y/y
- Adjusted EBIT was $154.1m, an adjusted EBIT margin of 14.4%, down 116 bps y/y.
Q4 2021 revenue (and y/y growth) by client type was:
- Global Clients: $979m (+16.3%, +16% in CC), representing 91.3% of total revenues:
- GE: $93m (+15.7%)
Q4 2021 revenue (and y/y growth) by sector was:
- BFSI: $266.2m (-2.6%)
- Consumer Goods $408.4 (+22.1%)
- Manufacturing and Services: $397.4m (+15.9%)
- Other: $3.3m.
Full year 2021:
- Revenues were $4,022m, up 8.4% y/y, up 7% in CC
- EBIT was $509m, an EBIT margin of 12.7%, up 83 bps y/y
- Adjusted EBIT was $663m, an adjusted EBIT margin of 16.5%, up 60 bps y/y.
Full year 2220 revenue (and growth) by client type was:
- Global Clients: $3,646m (+12.2%,+11% in CC)
- GE: $376m (-18%)
Full year 2021 revenue (and y/y growth) by sector was:
- BFSI: $1,017m (-5.8%)
- Consumer Goods $1,510m (+19.4%)
- Manufacturing and Services: $1,479m (+6.5%)
- Other: $17m.
Full year new bookings were ~$3.7bn, a increase of 20%
Key clients at the end of 2020: the number of clients in different bands of annual revenue contribution (and in the prior year period) is:
- >$25m: 26 (24)
- $5m-$15m: 86 (85)
Initial guidance for 2022 includes:
- Revenues of $4.3 -4.4bn, up 7% to 9%, up 8% to 10% in CC, with Global Clients revenue up 9% to 12% in CC
- Adjusted operating margin of around 16.0%-16.5%.
Vendor | Genpact |
Initial currency type (specify local currency used) | US$ |
Period Ending | 2021-12-31 |
Growth | 12.8 |
Revenues ((m) in local currency | 1072.3 |
Revenues (in $m at that date) | 1072.3 |