Niit Limited · NSE:NIITLTD
Niit — FY2021 Earnings Presentation
15 slides from Niit's earnings presentation, Jun 4, 2021
Slide 1: Regulation 30 cover letter to stock exchanges
NIIT Limited 85, Sector-32, Institutional Gurgaon 122001, India Tel: +91 (124) 4293000 Fax: +91 (124) 4293333 Email: info@niit.com Registered Office: 8, Balaji Estate, First Floor Guru Ravi das Marg, Kalkaji New Delhi 110 019, India CIN: L74899DL1981PLC015865 www.niit.com June 4, 2021 The Manager Th
Slide 2: The Next Wow: Financial Results FY21
THE NEXT WOW Financial Results FY21 June 4, 2021
Slide 3: Environment
Environment While economic activity has Global GDP on firmer ground, but picked up as US and parts of GDP growth in India was expected recovery is diverging across Europe have reopened, many to rebound sharply in FY22, on a countries and sectors due to the countries are seeing stronger low base. How
Slide 4: Q4 FY21: In Perspective
Q4 FY21: In Perspective Corporate Learning Group (CLG) • Revenue at INR 2,353 Mn up 8% QoQ & up 34% YoY; Constant currency revenue growth @ 28% YoY • EBITDA at INR 675 Mn; up 35% QoQ and up 373% YoY • OM at 29%; up 570 bps QoQ and up 2,056 bps YoY • Added 1 MTS customer, secured 2 customer renewals
Slide 5: FY21: In Perspective
FY21: In Perspective Corporate Learning Group (CLG) • Revenue at INR 8,254 Mn up 19% YoY; Constant currency revenue growth @ 13% YoY • EBITDA at INR 1,885 Mn; up 103% YoY • OM at 23%; up 938 bps YoY • Added 9 MTS customer, secured 5 customer renewals & 12 scope expansions; MTS customer tally at 58 •
Slide 6: Key Financials – Q4 FY21
Key Financials – Q4 FY21 INR Mn Q4 FY21 Q3 FY21 QoQ Q4 FY20 YoY Net Revenue 2,755 2,534 9% 2,112 30% Operating expenses 2,061 2,062 0% 2,081 -1% EBITDA 694 471 47% 31 2130% EBITDA% 25% 19% 659 bps 1% 2372 bps Depreciation 157 135 17% 182 -14% EBIT 537 336 60% (151) 456% Net Other Income/ (Expense) 7
Slide 7: Key Financials – FY21
Key Financials – FY21 FY20 Like INR Mn FY'21 FY'20 YoY to Like* Net Revenue 9,495 8,892 7% 8,892 Operating expenses 7,742 8,040 -4% 8,040 EBITDA 1,753 852 106% 852 EBITDA% 18% 10% 888 bps 10% Depreciation 589 598 -1% 598 EBIT 1,163 254 359% 254 Net Other Income/ (Expense) 778 13,879 -13101 mn 762 Op
Slide 8: Revenue Mix – Q4
Revenue Mix – Q4 Q4 FY21 Q4 FY20 Skills & Careers Skills & Careers 15% 17% Business Growth YoY Corporate 34% Skills & Careers 12% Corporate Corporate NIIT 30% 83% 85% Q4 FY20 Q4 FY21 Rest of World India Rest of World India Geo Growth YoY 4% 13% 6% 8% India -13% North America & Europe 34% Rest of Wor
Slide 9: Revenue Mix – FY21
Revenue Mix – FY21 FY21 FY20 Skills & Careers Business Growth Skills & Careers 13% 22% Corporate 19% Skills & Careers -37% NIIT 7% Corporate 78% Corporate 87% Rest of World India India 6% Rest of World 7% Geo Growth 16% 6% India -51% North America & Europe 19% Rest of World -3% North America NIIT 7%
Slide 10: Corporate Learning Group
Corporate Learning Group INR Mn Q4 FY21 Q3 FY21 QoQ Q4 FY20 YoY FY'21 FY'20 YoY Net Revenue 2,353 2,175 8% 1,754 34% 8,254 6,913 19% EBITDA 675 500 175 mn 143 532 mn 1,885 931 103% OM% 29% 23% 570 bps 8% 2,056 bps 23% 13% 938 bps Q4FY21 • Revenue at INR 2,353 Mn up 34% YoY; Constant currency growth
Slide 11: Skills & Careers Group
Skills & Careers Group INR Mn Q4 FY21 Q3 FY21 QoQ Q4 FY20 YoY FY'21 FY'20 YoY Net Revenue 402 359 12% 358 12% 1,241 1,979 -37% EBITDA 19 -29 48 mn -100 118 mn -132 -35 -281% OM% 5% -8% 1273 bps -28% 3,253 bps -11% -2% -890 bps Q4 FY21 • Revenue at INR 402 Mn up 12% QoQ & up 12% YoY • EBITDA at INR 1
Slide 12: Balance Sheet
Balance Sheet As on INR Mn As on As on • Strong balance sheet and liquidity Mar '20 Dec '20 Mar '21 position. Cash and Equivalents of Rs 283 Equity 285 285 13,894 million (Rs 97.5 per share). Net 14,925 Reserves and Surplus 15,616 16,120 Cash of Rs 13,689 million 15,208 Shareholders' Funds 15,901 16
Slide 13: People
People 2,600 2,533 2,531 2,435 2,386 Q4 FY20 Q1 FY21 Q2 FY21 Q3 FY21 Q4 FY21 Headcount up 96 QoQ and down 69 YoY * excludes project retainers 12
Slide 14: Share Holding Pattern
Share Holding Pattern 32.0% 33.9% 31.7% 30.6% 32.0% 32.0% 16.4% 11.8% 11.3% 11.3% 11.0% 15.9% 17.3% 15.9% 22.2% 23.8% 22.6% 21.6% 34.4% 34.3% 34.3% 34.3% 34.2% 35.4% Q4 FY20 Q1 FY21 Q2 FY21 Q3 FY21 Q4 FY21 Post BuyBack * Promoters FPIs DIIs Individuals and Corporates *Buyback of 9.875 Mn shares comp
Slide 15: Thank you
NIIT LEARMING Thank you THE NEXT WOW