Niit Limited · NSE:NIITLTD
Niit — Q1 FY2021 Earnings Presentation
11 slides from Niit's earnings presentation, Jul 31, 2020
Slide 1: Financial Results Q1 FY21
THE NEXT WOW Financial Results Q1 FY21 July 31, 2020 CONFIDENTIAL | NIIT LIMITED
Slide 2: Environment
Environment Centrals banks and Governments Covid-19 has delivered an have announced unprecedented enormous shock to global India’s GDP growth dropped to stimulus measures to revive economy. World bank expects 3.1% in Q4 FY20 as Covid-19 economic activity. Despite this, global GDP to decline 5.2% in
Slide 3: Covid-19: Sudden and Extraordinarily Intense Impact
Covid-19 : Sudden and Extraordinarily Intense Impact Full quarter impact in Q1 o Learning centers have remained under lockdown in accordance with government regulations and safety requirements. No in-person instructor led learning activity has been conducted since early March o B2B business worldwid
Slide 4: Q1 FY21: In Perspective
Q1 FY21: In Perspective Corporate Learning Group (CLG) • Revenue at INR 1,785 Mn up 17% YoY & up 2% QoQ; Constant currency revenue growth @ 8% YoY • OM at 17%; sharp recovery vs Q4; up 933 bps QoQ and up 283 bps YoY • EBITDA at INR 312 Mn; up 40% YoY and up 118% QoQ • Added 3 MTS customers and expan
Slide 5: Key Financials
Key Financials Q1 FY20 Like to INR Mn Q1 FY21 Q1 FY20 YoY Q4 FY20 QoQ Like* Net Revenue 2,018 2,018 0% 2,112 -4% 2,018 Operating expenses 1,774 1,775 0% 2,081 -15% 1,775 EBITDA 243 243 0% 31 682% 243 EBITDA% 12% 12% 2 bps 1% 1059 bps 12% Depreciation 161 118 36% 182 -11% 118 Net Other Income/ (Expen
Slide 6: Revenue Mix
Revenue Mix Q1 FY21 Q1 FY20 Skills & Careers, Skills & 12% Business Growth YoY Careers Corporate 17% 24% Corporate, Skills & Careers -53% 88% Corporate NIIT 0% 76% Q1 FY21 Q1 FY20 Rest of India Geo Growth YoY Rest of India World 6% World 18% 6% India -67% 7% USA / Europe 17% USA / USA / Rest of Worl
Slide 7: Corporate Learning Group
Corporate Learning Group INR Mn Q1 FY21 Q1 FY20 YoY Q4 FY20 QoQ Net Revenues 1,785 1,524 17% 1,754 2% EBITDA 312 223 40% 143 118% EBITDA % 17% 15% 283 bps 8% 933 bps • Revenue at INR 1,785 Mn up 17% YoY; Constant currency growth at 8% YoY • OM at 17% sharp recovery vs Q4; up 933 bps QoQ and up 283 b
Slide 8: Skills & Careers Group
Skills & Careers Group INR Mn Q1 FY21 Q1 FY20 YoY Q4 FY20 QoQ Net Revenues 233 494 -53% 358 -35% EBITDA -68 26 -94 Mn -100 31 Mn EBITDA % -29% 5% -3,465 bps -28% -158 bps • Revenue at INR 233 Mn, down 35% QoQ; Full quarter impact of Covid-19 • EBITDA at INR (68) Mn; improved QoQ by INR 32 Mn due to
Slide 9: People
People 2,600 2,575 2,521 2,540 2,533 Q1 FY20 Q2 FY20 Q3 FY20 Q4 FY20 Q1 FY21 Headcount down 67 QoQ and up 12 YoY * excludes project retainers 9 CONFIDENTIAL | NIIT LIMITED
Slide 10: Share Holding Pattern
Share Holding Pattern 37.4% 35.9% 34.2% 35.3% 33.9% 14.2% 13.1% 12.8% 17.1% 17.9% 17.3% 17.3% 19.0% 14.0% 14.7% 31.5% 31.5% 34.4% 34.4% 34.3% Q1 FY20 Q2 FY20 * Q3 FY20 Q4 FY20 Q1 FY21 Promoters FPIs Banks, FI & MF Individuals and Corporates *Completed buyback of 26.8 million shares during Q3 FY20 10
Slide 11: Thank you
Thank you THE NEXT WOW CONFIDENTIAL | NIIT LIMITED