genpact ltd (35G) Details
Genpact Limited provides business process management and information technology services worldwide. It offers finance and accounting services, including accounts payable services, payment and inquiry management, order to cash services, preparation of financial statements, closing and reporting, cash management, treasury, cash flow analysis, tax return preparation, financial planning and analysis, governance, and internal controls services. The company also provides smart decision services, such analytics and research; business consulting and enterprise risk consulting services comprising internal audit, compliance advisory, regulatory advisory, enterprise, IT, and fraud risk management services; and re-engineering services. In addition, it offers supply chain and procurement services consisting of direct and indirect sourcing and procurement, demand forecasting and management, engineering, inventory optimization and planning, fleet and logistics, and aftermarket services. Further, the company provides enterprise application services comprising enterprise resource planning, supply chain management, financial management and customer relationship management solutions, and securities trading and accounting services, as well as testing, database administration, and architecture services; IT management services, including onsite and remote monitoring, management and support of the IT functions, and IT infrastructures; and collections and customer services in the areas of consumer finance, commercial finance, and mortgage services. Genpact primarily serves banking and insurance, capital markets, consumer goods and retail, life sciences, infrastructure, manufacturing and services, and healthcare industries. The company was founded in 1997 and is based in Hamilton, Bermuda.
Last Reported Date: 05/10/13
Founded in 1997
genpact ltd (35G) Top Compensated Officers
Chief Executive Officer, President and Direct...
Total Annual Compensation: $2.2M
Chief Financial Officer and Principal Account...
Total Annual Compensation: $382.2K
Senior Vice President of Infrastructure Manuf...
Total Annual Compensation: $814.2K
Senior Vice President, General Counsel and Co...
Total Annual Compensation: $509.0K
Senior Vice President of Human Resources
Total Annual Compensation: $284.2K
Compensation as of Fiscal Year 2012.
Genpact Ltd. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2013; Provides Earnings Guidance for 2013
May 1 13
Genpact Ltd. announced unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported total net revenues of $503,848,000 against $435,479,000 for the same period a year ago. Income from operations was $73,949,000 against $60,431,000 for the same period a year ago. Income before income tax expense was $65,500,000 against $56,623,000 for the same period a year ago. Net income available to company common shareholders was $46,737,000 or $0.20 per diluted share against $38,540,000 or $0.17 per basic and diluted share for the same period a year ago. Net cash provided by operating activities was $31,548,000 against $4,910,000 for the same period a year ago. Purchase of property, plant and equipment was $14,623,000 against $21,916,000 for the same period a year ago. Adjusted income from operations was $82,771,000 against $71,579,000 in the first quarter of 2012. Adjusted diluted earnings per share were $0.23, up from $0.21 in the first quarter of 2012. Adjusted net income was $54,484,000 against $47,782,000 for the same period a year ago. Income before equity-method investment activity, net and income tax expense was $65,456,000 against $56,636,000 a year ago. Capital expenditure as a percentage of revenue was approximately 1.9%. This was mostly invested in creating additional capacity for growth in Europe and SEZ locations in India.
For the full year 2013, the company continues to expect revenues to be in a range of $2.15 billion to $2.20 billion, and adjusted operating income margin in a range of 15.8% to 16.3%. The company expects effective tax rate to be in the range of 27% to 29%. The company expects cash flow from operations to be 10% to 15% lower than 2012. This is driven by the receipt of an upfront client payment of approximately $45 million and some other nonrecurring benefits in 2012, along with higher debt servicing costs in 2013. The company continue to expect to close the year with capital expenditures as a percentage of revenue in the range of 3% to 4%.
Genpact Ltd. Builds its Dutch Presence
May 1 13
Genpact Ltd. has strengthened its services delivery operations in The Netherlands one year after its acquisition of Accounting Plaza. Providing an expanded services portfolio and enhanced career opportunities for its employees, Genpact now serves more than 20 clients with Dutch operations including Ahold, MSD, Achmea and Nationale Nederlanden. The new team in Wormer is providing information center services for MSD in The Netherlands market and beyond. For technology services, Genpact consolidated its Enterprise Application Services center in Wormer through the unification of the former Accounting Plaza ERP Services unit with its SAP consulting team in Rotterdam. From The Netherlands, Genpact delivers a broad range of services for clients in a number of industries, including consumer goods, retail, life sciences, financial services and insurance. Genpact's European operations are also strengthened by its Smart Decision Services encompassing analytics, process re-engineering and risk management, as well as its Smart Enterprise Processes (SEP(SM)) framework for making business processes more effective.
Genpact Limited Launches Smart Decision Lab for Analytics Services
Apr 15 13
Genpact Limited announced that it has developed and launched its Smart Decision Lab to facilitate collaboration and innovation with clients and industry experts, leveraging the use of data, analytics and technology in conjunction with process expertise. Genpact's Smart Decision Lab creates new lines of competency, builds solution prototypes, tests new business use cases, and develops intelligent technology applications -- making them especially relevant to businesses so that companies can make smarter decisions. The lab comprises PhDs in quantitative methods, algorithmic scientists, Big Data specialists, technical solution architects, and data modelers. Genpact's Smart Decision Lab is utilizing a number of competencies including prediction and optimization, packaged reporting, master data management (MDM) and data quality, intelligent systems, Big Data analytics, text mining and mobile analytics to help its clients run businesses effectively. The Smart Decision Lab has collaborated with several clients to develop solutions including a customized campaign management platform to improve response rates, a text mining engine to resolve first call resolution (FCR) in contact centers, and an incentive compensation tool to drive sales force effectiveness. The lab is currently working on other solution areas such as supply chain optimization, fraud management, compliance monitoring, feedback solutions, and enterprise search and collaboration.