Slide 1: Persistent Systems Limited – Quarter ending March 31, 2015
www.persistent.com Persistent Systems Limited Quarter ending March 31, 2015 April 21, 2015 © 2015 Persistent Systems Ltd.
Slide 2: Forward-looking and Cautionary Statements
Forward-looking and Cautionary Statements Certain statements in this Presentation 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 statemen
Slide 3: Key Highlights
www.persistent.com Key Highlights
Slide 4: Key Highlights – Annual and Q4 FY15 Performance
Key Highlights –Annual and Q4 FY 15 Performance Annual Performance USD Revenue grows at 12.6% to USD 308.54 Million INR Revenue grows at 13.3% to INR 18,912.52 Million EBIDTA dips by 9.3% to INR 3,903.47 Million Profit before Tax (PBT) grows at 13.8% to INR 3,899.72 Million Profit after Ta
Slide 5: Key Highlights
Key Highlights • Established 'Research and Innovation Board' to identify new scientific projects, explore cutting-edge futuristic technologies and applications in its continuous pursuit to emerge as a global leader in technology. This six-member board is chaired by India’s most renowned scientist, t
Slide 6: Financial Performance
www.persistent.com Financial Performance
Slide 7: Sequential Q4 FY15 Vs. Q3 FY15
Sequential Q4 FY15 Vs. Q3 FY15 Change Exps / Sales % Particulars Q4FY15 Q3FY15 QoQ Q4FY15 Q3FY15 Revenue (USD M) Services 65.54 64.42 1.7% IP Led 14.49 15.10 -4.0% Revenue (USD M) 80.03 79.52 0.6% Avg. Exchange Rate INR /USD 62.16 62.20 -0.1% Revenue (INR M) 4,974.53 4,946.38 0.6% Cost of Revenue IN
Slide 8: Y-o-Y comparison Q4 FY15 Vs. Q4 FY14
Y-o-Y comparison Q4 FY15 Vs. Q4 FY14 Change Exps / Sales % Particulars Q4FY15 Q4 FY14 YoY Q4FY15 Q4 FY14 Revenue (USD M) Services 65.54 58.38 12.3% IP Led 14.49 14.26 1.6% Revenue (USD M) 80.03 72.64 10.2% Avg. Exchange Rate INR /USD 62.16 61.50 1.1% Revenue (INR M) 4,974.53 4,467.37 11.4% Cost of R
Slide 9: Comparison FY 2015 Vs FY 2014
Comparison FY 2015 Vs FY 2014 Change Exps / Sales % Particulars FY 2015 FY 2014 FY 2015 FY 2014 Revenue (USD M) Services 249.48 224.73 11.0% IP Led 59.06 49.33 19.8% Revenue (USD M) 308.54 274.06 12.6% Avg. Exchange Rate INR /USD 61.30 60.90 0.6% Revenue (INR M) 18,912.52 16,691.53 13.3% Cost of Rev
Slide 10: Consolidated Balance Sheet
Consolidated Balance Sheet INR M As at As at March 31, 2015 March 31, 2014 Equity and Liabilities Equity Share Capital 800.00 400.00 Reserves & Surplus 13,255.29 11,823.44 Non-Current Liabilities 142.17 425.69 Current Liabilities 3,548.67 2,784.71 Total sources of Funds 17,746.13 15,433.84 Assets Fi
Slide 11: Key Financials Ratios: Q4 FY15
Key Financials Ratios: Q4 FY15 Change Change Ratios, % Q4 FY15 Q3 FY15 Q4 FY14 QoQ YoY Gross Margin 40.2% 40.2% 0.0% 42.8% -2.6% S&M to Revenue 9.9% 9.4% 0.5% 7.6% 2.3% G&A to Revenue 10.1% 10.6% -0.5% 8.2% 1.9% Total S G&A to Revenue 20.0% 20.0% 0.0% 15.8% 4.2% EBIDTA Margin 20.2% 20.1% 0.1% 27.0%
Slide 12: Fact Sheet
www.persistent.com Fact Sheet
Slide 13: Fact Sheet: Revenue, Offerings and Segments
Fact Sheet Nos./% Q4FY 15 Q3FY 15 Q2FY 15 Q1FY 15 Q4 FY 14 FY 15 FY 14 Revenue (USD M) 80.03 79.52 76.32 72.66 72.64 308.54 274.06 Revenue %, q-o-q/ y-o-y growth 0.6% 4.2% 5.0% 0.0% 3.9% 12.6% 15.2% Revenue (INR M) 4,974.53 4,946.38 4,641.74 4,349.87 4,467.37 18,912.52 16,691.53 %, q-o-q / y-o-y 0.6
Slide 14: Fact Sheet (Contd…): Geography, Classification, Onsite/Offshore
Fact Sheet (Contd…) % Q4FY 15 Q3FY 15 Q2FY 15 Q1FY 15 Q4 FY 14 FY 15 FY 14 Revenue Mix Geography: North Americas 85.4% 84.7% 86.1% 85.9% 85.4% 85.5% 85.1% Europe 6.8% 7.1% 6.3% 6.5% 6.1% 6.7% 5.4% ROW 7.8% 8.2% 7.6% 7.6% 8.5% 7.8% 9.5% Total 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% Nos. Q4FY
Slide 15: Fact Sheet (Contd…): Clients and Concentration
Fact Sheet (Contd…) % Q4FY 15 Q3FY 15 Q2FY 15 Q1FY 15 Q4 FY 14 FY 15 FY 14 Business Repeat 85.6% 84.1% 83.6% 86.7% 85.2% 85.0% 83.3% Nos. Q4FY 15 Q3FY 15 Q2FY 15 Q1FY 15 Q4 FY 14 FY 15 FY 14 Clients billed3 Services 268 273 281 260 261 383 365 IP Led 326 349 376 347 358 498 550 3 includes one time c
Slide 16: Fact Sheet (Contd…): Yield, Billing Rates, Attrition, People
Fact Sheet (Contd…) USD / PPM Q4FY 15 Q3FY 15 Q2FY 15 Q1FY 15 Q4 FY 14 FY 15 FY 14 Yield4 4,272 4,264 4,123 3,915 3,927 4,144 3,847 4 Yield is computed as a ratio of revenue to billable person months excluding employees under training. USD / PPM Q4FY 15 Q3FY 15 Q2FY 15 Q1FY 15 Q4 FY 14 FY 15 FY 14 B
Slide 17: Fact Sheet (Contd…): Efforts Mix - Linear
Fact Sheet (Contd…) Nos. Q4FY 15 Q3FY 15 Q2FY 15 Q1FY 15 Q4 FY 14 FY 15 FY 14 Billable Person Months 16,063 16,031 16,015 16,139 16,155 64,248 62,091 - Onsite 1,551 1,518 1,403 1,283 1,246 5,754 4,585 Efforts Mix - Linear - Offshore 14,512 14,513 14,612 14,856 14,909 58,493 57,506 Billed Person Mont
Slide 18: Thank you
www.persistent.com Thank you