Tejas Networks Ltd. · NSE:TEJASNET
Tejas Networks — Q4 FY2020 Earnings Presentation
12 slides from Tejas Networks's earnings presentation, 2020
Slide 1: Tejas Networks Ltd Earnings Call Presentation Q4FY20
TEJAS NETWORKS LTD EARNINGS CALL PRESENTATION Q4FY20 Tejas Networks Limited 2020. All rights reserved.
Slide 2: Safe Harbor Statement
Safe Harbor Statement Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements due to risks or uncert
Slide 3: Q4FY20: Key Updates
Q4FY20: Key Updates • Financial Update • Q4 Net Revenues: ₹52.7 Cr; FY20 Net Revenues: ₹379.8 Cr • Q4 PBT: (₹126.5) Cr; FY20 PBT: (₹138.6 Cr) • Steep fall in revenue resulted in loss • One-time impairment charge of ₹69.9 Cr on intangible R&D assets • Order book as on 31 March, 2020: ₹483 Cr (35-40%
Slide 4: FY20: Revenue By Segments
FY20: Revenue By Segments Critical BSNL/BBNL Infrastructure 2% (YoY -98%) 13% (YoY -71%) International - FY 20 India-Govt Direct 15% (YoY -88%) 30% (YoY -33%) International - OEM 3% (YoY -9%) India-Pvt 52% (YoY -6%) BSNL/BBNL Critical 36% Infrastructure 19% India-Pvt + International contributed to 8
Slide 5: Financial Update
Financial Update Amount in ₹ crore except EPS Q4-FY20 FY20 FY19 Revenues (Net)1 52.7 (YoY -80.2%) 379.8 (YoY -56.7%) 876.7 EBIT before -69.1 (YoY -295.9%) -94.6 (YoY -172.6%) 130.3 impairment2 EBIT after -139.0 (YoY -493.9%) -164.5 (YoY -226.2%) 130.3 impairment3 PBT -126.5 (YoY -441.2%) -138.6 (YoY
Slide 6: Key Financial Indicators
Key Financial Indicators Amount in ₹crore • Our Net worth declined by ₹ 126 Cr during the quarter • One-time impairment charge on intangibles of ₹70 Cr. • Loss of ₹56 Cr Particulars Q3-FY20 Q4-FY20 • Inventory increased to ₹ 252 Cr Cash flow from Operations 28 (2) • COVID-19 resulted in pushout of s
Slide 7: COVID-19: Impact on our Business
COVID-19: Impact on our Business • Our response and business continuity • We have been able to continually provide technical support to all our customers globally and help them maintain network uptime of >99.999% • Implemented Work-From-Home for all employees. Obtained curfew passes for critical sta
Slide 8: India: Business Update and Outlook
India: Business Update and Outlook FY20 Update FY21 Outlook • Government Accounts • Government Accounts • BSNL/Bharatnet • BSNL/Bharatnet • No business from BSNL or Bharatnet (central) during the • Government has announced plans to increase Bharatnet current FY due to project delays. coverage from 1
Slide 9: Sizeable Opportunities in International
Sizeable Opportunities in International Addressing ~40% of Tejas TAM for FY21: Global Market $9.4 Billion Source: Omdia report dated Apr, 2020 Africa and Middle East South and S.E Asia USA and Mexico Targeting South, West and East Targeted countries: Bangladesh, Sri Focus on USA, Mexico, Canad
Slide 10: International: Business Update and Outlook
International: Business Update and Outlook FY20 Update FY21 Outlook • Africa and Middle East • Africa and Middle East • Strong revenue growth of 20.1% during the FY • Strong order funnel for FY21 from existing customers. • Signed up 3 Tier-1 operators • Market growing steadily due to increased broad
Slide 11: Q4FY20: Key Takeaways
Q4FY20: Key Takeaways • FY20 saw a sharp decline in revenues and profits, primarily due to India business • India business declined sharply due to unprecedented turbulence and financial stress in the sector and slump in Govt. orders (88% YoY) • Q4 was adversely impacted by COVID-19, resulting in mis
Slide 12: Thank you!
Thank you! Contact Us: ir@tejasnetworks.com Contact - +91(80)41794600 Tejas Networks Limited 2020. All rights reserved.