NIIT Limited · NSE:NIITLTD
NIIT — NIIT Technologies — Q2 2004 Earnings Presentation
11 slides from NIIT's earnings presentation, Oct 27, 2004
Slide 1: Second Quarter Results Jul-Sept 2004
Second Quarter Results Jul- Sept 2004 27 October 2004
Slide 2: Agenda
Agenda Results Highlights Financials Consolidated Segmental Analysis Revenue Analysis Profitability Analysis Lead Indicators Head Count Shareholding Movement 2
Slide 3: Quarterly Highlights
QUARTERLY HIGHLIGHTS Net profits at Rs 152Mn, Up 50% YoY up 15% QoQ, Net Margins sequentially improve to 11% Operating Profits at Rs 244 Mn, Up 7% QoQ Grow 12% YoY Margins stable at 18% Revenues at Rs 1370Mn Up 7% sequentially Grow 14% YoY Offshore Revenue Contribution stable
Slide 4: Consolidated Financials
Consolidated Financials (Rs Mn) JAS’03 AMJ’04 JAS’04 HYD’04 (3 months) (3 months) (3 months) (6 months) Revenues 1204 1279 1370 2649 Op Expenses 986 1051 1126 2177 Operating Profit 218 228 244 472 OPM (%) 18 18 18 18 Depreciation 95 94 96 190 Other Income (net of Interest) 2 22 20 42 Tax 24 22 13 35
Slide 5: Segmental Revenue
SEGMENTAL REVENUE •Software solutions grow 7% sequentially, 11% YoY •BPO shows 104% YoY growth, 10% QoQ Software BPO (Rs Mn) 1400 1290 1261 1195 1207 1165 1200 1012 1000 800 600 400 200 88 72 79 39 61 25 0 AMJ'03 JAS'03 OND'03 JFM'04 AMJ'04 JAS'04 5
Slide 6: Revenue Mix - Geography Wise
REVENUE MIX- GEOGRAPHY WISE Europe has the highest revenue contribution India 13% APGC Americas 11% 34% Europe 42% APGC India 12% 6% India America 13% s APGC 37% America 12% s 39% JAS’04 Europe 45% Europe 36% FY04 AMJ’04 6
Slide 7: Revenue Mix - Verticals
REVENUE MIX- VERTCALS 3 Focused verticals contribute 60% to overall revenues Transport ation 21% BFSI 30% Manfg 7% Trs pt. Retail T rs pt. 17% 9% 24% Manfg FI& B Others Manfg 15% F I& B 28% 33% 9% 31% Ret. Ret. 9% 9% JAS’04 Others Others 27% 31% FY04 AMJ’04 7
Slide 8: Order Book
ORDER BOOK US $ mn Closing Order Book •45% of Pending Order book at $ 64 Mn executable over 141 132 next 12 months 91 103 114 122 •OB grows 7% sequentially AMJ'03 JAS'03 OND'03 JFM'04 AMJ'04 JAS'04 US $ mn Fresh Order Intake •Fresh intake of orders at USD 38Mn 39 •Consistently above the $ 30Mn mark
Slide 9: Client Concentration
CLIENT CONCENTRATION Top 5 clients contribution stable at 36% of revenues, Added 6 New significant customers, internationally, in the quarter (%) Top 5 35 36 36 Top 10 51 53 51 Top 20 69 67 66 31 33 34 Others J AS'03 AMJ '04 J AS'04 9
Slide 10: People Resources
PEOPLE RESOURCES Segmental People Break Up On-Offshore Break Up - Direct 2668 Onsite 638 22% BPO 2030 78% Software Offshore JAS'04 JAS'04 10
Slide 11: Shareholding Pattern
SHAREHOLDING PATTERN Quarter end shareholding pattern •Promoters 40% (39% pre- listing) •Institutional category 32% (33% prior to listing) •Public 28% 11