R Systems International Limited · NSE:RSYSTEMS

R Systems International — Q3 2019 Earnings Presentation

13 slides from R Systems International's earnings presentation, 2019

  1. Slide 1: Analytical Review – Q3 2019 Results

    Analytical Review – Q3 2019 Results 9001:2015 5 27001:2013

  2. Slide 2: Disclaimer

    // Disclaimer “Investors are cautioned that this presentation contains forward looking statements that involve risks and uncertainties. The Company undertakes no obligation publicly to update or revise any forward‐looking statements, whether because of new information, future events, or otherwise. A

  3. Slide 3: Key Highlights Nine Months Ended Sep 2019

    // Key Highlights Nine Months Ended Sep 2019 Revenue EBITDA ₹ 596.50 Cr. ₹ 51.31 Cr. (US$ 7.33 mn) Sep 2019 Sep 2018 (US$ 85.17 mn) 8.60 7.78 YoY Increase 17.55% EBITDA REVENUE % Net Profit after Taxes Key Wins Share Holder Cash and Bank Funds Balances ₹ 34.89 Cr. (US$ 4.98 mn) YoY Increase ₹ 332.84

  4. Slide 4: Key Highlights Q3 2019

    // Key Highlights Q3 2019 Revenue EBITDA ₹ 197.39 Cr. (US$ 28.09 mn) ₹ 15.37 Cr. (US$ 2.18 mn) Q3 2019 Q3 2018 Q2 2019 QoQ Decrease YoY Increase 11.03 9.03 7.79 (2.67%) 5.90% EBITDA REVENUE % Net Profit after Taxes Key Wins Q3‐19 ₹ 10.91 Cr. (US$ 1.55 mn) Earnings Per Share ₹ 0.91 www.rsystems.com 4

  5. Slide 5: Key Highlights (Continues…)

    // Key Highlights (Continues…) Nine months ended Sep 2019 reports ~ 18% revenue growth. Our digital revenue has been growing at 23% y‐o‐y and now contributes over 40% of our revenues. Serving 27 customers having million dollar plus revenue on run rate basis. Q3 2019 revenue and margins impacted by r

  6. Slide 6: Financial Performance – Contribution Analysis – Q3 2019

    // Financial Performance – Contribution Analysis – Q3 2019 (Figures in mn) Particulars Q3 2019 Q3 2018 Q2 2019 INR US$ INR US$ INR US$ Revenues 1,973.95 28.09 1,863.95 26.71 2,028.11 29.17 Cost of revenues 1,305.25 18.58 1,225.97 17.54 1,320.38 19.00 Gross margin 668.70 9.51 637.98 9.17 707.73 10.17

  7. Slide 7: Revenue & Gross Margins Analysis – Q3 2019

    // Revenue & Gross Margins Analysis – Q3 2019 REVENUES GROSS MARGIN (2.67) % (1.02) % Decrease in Revenue Decrease in Gross Margin Resulted from: Resulted from: Volume Impact Decrease in utilization (3.35)% (1.28)% Rupee depreciation Rupee depreciation 0.68% 0.26% www.rsystems.com 7

  8. Slide 8: Big Picture – Revenue & EBITDA %age

    // Big Picture – Revenue & EBITDA %age 240.00 12.00 11.03 202.81 196.30 197.39 200.00 192.45 10.00 186.39 9.03 168.84 9.48 ₹ in Crores 8.98 7.79 160.00 152.20 7.12 8.00 % 120.00 6.00 4.53 80.00 4.00 40.00 2.00 Q1-18 Q2-18 Q3-18 Q4-18 Q1-19 Q2-19 Q3-19 Revenue 152.20 168.84 186.39 192.45 196.30 202.8

  9. Slide 9: Consolidated Key Balance Sheet Data

    // Consolidated Key Balance Sheet Data ₹ in Crores except “DSO” As at Particulars Sep 30, 2019 Sep 30, 2018 Jun 30, 2019 Share Holders’ Funds 332.84 301.80 320.46 Cash and bank balance 192.40 189.78 183.05 Receivables 125.07 137.28 127.06 Receivables in days “DSO” for the 57 63 63 quarter www.rsyste

  10. Slide 10: Billable Head Counts and Utilization

    // Billable Head Counts and Utilization 2,500 2,427 2,435 2,342 2,310 2,300 76.9% 76.6% 78.8% 78.8% 78.5% 2,192 80.0% 78.2% 77.0% 2,095 634 601 469 2,000 635 643 634 588 60.0% 1,500 40.0% 1,000 1,793 1,834 1,831 1,667 1,707 1,507 1,558 20.0% 500 ‐ 0.0% Q1‐18 Q2‐18 Q3‐18 Q4‐18 Q1‐19 Q2‐19 Q3‐19 Q1-18

  11. Slide 11: Revenue Breakdown

    // Revenue Breakdown By Geography Client Concentration 40.0% 100% 3.2% 3.6% 3.0% 2.7% 4.0% 36.4% 1.6% 4.3% 5.6% 36.1% 35.8% 1.8% 1.5% 1.3% 1.2% 35.2% 35.3% 1.7% 1.8% 33.8% 90% 18.6% 18.4% 19.6% 15.7% 16.1% 18.8% 16.0% 31.3% 80% 30.0% 70% 16.2% 16.1% 14.0% 17.5% 16.9% 17.1% 20.7% 24.1% 24.0% 23.3% 23

  12. Slide 12: Summing Up and Looking Ahead

    // Summing Up and Looking Ahead Investment in digital and sales activities is yielding visible results. Last nine months performance has been satisfactory with 18% revenue growth. However, ramp down in a BPO process has impacted Q3 Revenue and Margins. Strong sales funnel in digital and product engi

  13. Slide 13: Thank You for your Support

    // Contact Information Nand Sardana Chief Financial Officer Tel # 0120 – 4303506 Email: nand.sardana@rsystems.com Kumar Gaurav Bhasker Dubey AVP Finance & Accounts Company Secretary & Tel # 0120 ‐ 4082650 Compliance Officer Email: kumar.gaurav@rsystems.com Tel # 0120 ‐ 4082633 Thank You Email: bhask

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