Niit Limited · NSE:NIITLTD
Niit — Q3 FY2023 Earnings Presentation
10 slides from Niit's earnings presentation, Jan 31, 2023
Slide 1: Stock exchange intimation of analyst presentation
January 31, 2023 The Manager The Manager BSE Limited National Stock Exchange of India Ltd Corporate Relationship Department, Listing Department 1st Floor, New Trading Ring, Exchange Plaza Rotunda Building 5th Floor, Plot no C/1, G Block Phiroze Jeejeebhoy Towers, Bandra Kurla Complex Dalal Street, M
Slide 2: Financial Results Q3FY23
Financial Results Q3FY23 January 31, 2023
Slide 3: Environment
Environment Global growth is expected to Global headwinds impacting growth CEO already preparing companies decelerate sharply to 1.7 percent in outlook for India as well. WB now for impending recession, although 2023, roughly half the rate expects GDP to growth for FY23 at timing and magnitude of sl
Slide 4: Q3FY23: In Perspective
Q3FY23: In Perspective Overall NIIT • Revenue at INR 4,546 Mn; up 16% QoQ and up 18% YoY • EBITDA at INR 908 Mn vs INR 560 Mn in Q2FY23; EBITDA % at 20%; up 570 bps QoQ • PAT at INR 550 Mn vs INR 396 Mn in Q2 FY23; EPS of INR 4.1 vs INR 2.9 in Q2FY23 • ROCE at 19.8% vs 16.8% in Q2FY23 (Including Cas
Slide 5: Key Financials
Key Financials INR Mn Q3 FY23 Q2 FY23 QoQ Q3 FY22 YoY Net Revenue 4,546 3,922 16% 3,847 18% Operating expenses 3,638 3,362 8% 3,024 20% EBITDA 908 560 62% 823 10% EBITDA% 20% 14% 570 bps 21% -141 bps Depreciation 160 150 6% 136 17% EBIT 749 410 83% 686 9% Net Other Income/ (Expense) (37) 103 -136% 7
Slide 6: Corporate Learning Group
Corporate Learning Group INR Mn Q3 FY23 Q2 FY23 QoQ Q3 FY22 YoY Net Revenues 3,636 3,004 21% 2,972 22% EBITDA 845 535 58% 731 16% EBITDA % 23% 18% 544 bps 25% -134 bps • Revenue at INR 3,636 Mn; up 21% QoQ and up 22% YoY (Up 17% QoQ and up 15% YoY in CC) • Excluding StC, Revenue at INR 3,298 Mn; up
Slide 7: Skills & Careers Group
Skills & Careers Group INR Mn Q3 FY23 Q2 FY23 QoQ Q3 FY22 YoY Net Revenues 910 918 -1% 874 4% EBITDA 63 25 150% 92 -31% EBITDA % 7% 3% 417 bps 11% -359 bps • Revenue at INR 910 Mn up 4% YoY and down 1% QoQ • EBITDA at INR 63 Mn vs INR 25 Mn in Q2FY23. Margin improves 417 bps • Stackroute & TPaaS ✓ R
Slide 8: People
People 3,299 3,272 3,240 3,104 2,832 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 Q3 FY23 • Headcount down 27 QoQ and up 440 YoY * excludes project retainers 7
Slide 9: Share Holding Pattern
Share Holding Pattern 30.4% 31.3% 31.6% 32.0% 32.4% 11.7% 12.1% 11.7% 11.9% 12.3% 22.8% 21.5% 21.7% 21.2% 20.5% 35.1% 35.0% 35.0% 34.9% 34.9% Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 Q3 FY23 Promoters FPIs DIIs Individuals and Corporates * Includes impact of conversion of ESOPs 8
Slide 10: You can’t spell TRAINING without NIIT.
You can’t spell TRAINING without NIIT. 9