Intellect Design Arena Ltd · NSE:INTELLECT
Intellect Design Arena — Q1 FY20 Earnings Presentation
23 slides from Intellect Design Arena's earnings presentation, Jul 24, 2019
Slide 1: Intellect – Design for Digital
intellect® • • Design for Digital Intellect/SEC!Z019-20 July 24, 2019 1. The National Stock Exchange of India ltd., Scrip Code: th Exchange Plaza, 5 Floor, Plot No. Cl1, G Block, Bandra Kurla INTELLECT Complex, Bandra (E), Mumbai - 400051. 2. The SSE Ltd. Scrip Code: 1" Floor, New Trade Ring, Rotund
Slide 2: Q1 FY20 Results ending 30th June, 2019 Earnings Announcement
Q1 FY20 Results ending 30th June, 2019 Earnings Announcement
Slide 3: Safe Harbor Statement
Safe Harbor Statement Certain statements in this release concerning our future prospects are forward-looking statements. Forward-looking statements by their nature involve a number of risks and uncertainties that could cause actual results to differ materially from market expectations. These risks a
Slide 4: Q1 FY20 – Management Overview
Q1 FY 20 – Management Overview The business is looking healthier at end of the first quarter, though there are some slippages of a few deals. The shortfall in EBITDA during this quarter is attributable to lesser license revenues. Intellect Digital Core (IDC 19.1) gaining Momentum Focus of Qualitativ
Slide 5: Executive Summary Q1FY20
Executive Summary Q1FY20 E1: Revenue E2: License Revenue • Total Revenue for Q1 FY20 grew by 14.41% YoY at INR • Q1 FY20 License Revenue registered 41% growth YoY 343.38 Cr as against INR 300.13 Cr in the same quarter at INR 65.77 Cr as against INR 46.72 Cr in the same last year quarter last year. •
Slide 6: Executive Summary Q1FY20
Executive Summary Q1FY20 E3: Digital led wins • Q1 FY20 recorded 5 Digital led wins including 2 large Digital Transformation deal wins • Deal Deferment • iGTB strikes a large deal win in Vietnam reiterating our market • Three deals with license revenue of $2.2 Mn (Rs. 15.4 Cr) leadership in the coun
Slide 7: Executive Summary Q1FY20
Executive Summary Q1FY20 E4: Gross Margin, EBITDA and PAT E6: Collections and Investment in Product Development (Capitalised) • Gross Margin is at INR 161.79 Cr in Q1 FY20 registering • Collections for Q1 FY20 is at INR 338.19 Cr 15 % as against INR 140.71 Cr in the same quarter last • The Net Days
Slide 8: Executive Summary Q1FY20
Executive Summary Q1FY20 E8: iGTB registered INR 131.52 Cr Revenue E10: Implementations • iGTB registered INR 131.52 Cr revenue in Q1 FY 20 as against • Intellect went live in 9 financial institutions across the INR 122.24 Cr in the same quarter last year world during this quarter • iGTB recorded 58
Slide 9: Q1 FY20 – Registering 14% growth YoY
Q1 FY20 – Registering 14% growth YoY Q1 FY20 REVENUE (INR) Q1 FY20 REVENUE (US $) EBITDA (INR) GROSS MARGIN (INR) 343.38 Cr 14.41% $ 49.36 Mn 10.30% 12.25 Cr 161.79 Cr 14.98% Q1 FY20 343.38 Cr Q1 FY20 $ 49.36 Mn Q1 FY20 12.25 Cr Q1 FY20 161.79 Cr Q1 FY19 300.13 Cr Q1FY19 $ 44.76 Mn Q1 FY19 13.49 Cr
Slide 10: Total Revenue & Cost Trend
Total Revenue & Cost Trend Deep Market Beginning Product Development of Payoff Investment Investment Cycle INR Cr450 397.5 400 383.1 377.9 343.38 350 342.1 345.5 336 331.13 302.9 300.1 300 266.1 263.84 286.7 244.9 247.9 282.4 250 240.9 236.6 254.6 218 246.7 234.7 229.4 224.7 225 Cost Revenue 200 204
Slide 11: Revenue Growth LTM Basis
REVENUE GROWTH LTM Basis 1502 1459 1400 1200 1069 1000 907 807 800 605 600 400 2014-15 2015-16 2016-17 2017-18 2018 - 19 Q1 FY 20 LTM = Revenue of current quarter + last three quarters 9
Slide 12: Healthy Pipeline
Healthy Pipeline Active Pursuits – Q1FY20 • The current funnel of Intellect is around INR 3580 Cr ($ 515 Mn), out of which INR 3275 Cr ($ 474 Mn) is accounted by 133 opportunities • Average deal size in Q1FY20 stands at INR 16 Cr ($ 2.3 Mn) against INR 12.5 Cr ($ 1.8 Mn) Destiny Deals in Q1FY19 41 D
Slide 13: Active Pursuits
Active Pursuits Q4 FY19 Q1 FY20 High value active pursuits Active Won Lost Added Active Remarks 40+ Pursuits Pursuits 6 deals from Q4 FY19 6 - - 1 7 1 new deal added 1 deal Won • 7 pursuits are of value more than INR 50 Cr each 1 deal Lost 14 1 1 2 14 12 deals from Q4 FY19 • 14 pursuits are of value
Slide 14: Strong Order backlog
Strong Order backlog Q1 FY20 Q4 FY19 License Based License Based (License, AMC*, Implementation, etc.,) (License, AMC*, Implementation, etc.,) INR 1128 Cr INR 1135 Cr Subscription/Cloud Based Subscription/Cloud Based INR 300 Cr INR 295 Cr INR 400 Cr (Excluding order backlog of GeM project) (GeM proj
Slide 15: Collections and DSO
Collections and DSO Collections by GEO GEO Americas Europe MEA India APAC Total INR (Cr) 97.78 127.96 50.24 34.47 27.75 338.19 $Mn 14.17 18.54 7.28 4.99 4.02 49 DSO GEO Americas Europe MEA India APAC Total Billed 25 25 133 39 36 45 DSO - including Customer 105 47 166 153 184 119 Advances 13
Slide 16: Currency wise Revenue Mix
Currency wise Revenue Mix EUR 3% AUD 2% USD 34% OTHERS 12% 11% INR 10% CAD 28% GBP 14
Slide 17: Hedging Summary
Hedging Summary FY 2019 – 20 FY 2020-21 Avg Hedge Avg Hedge Quarter $ in Mn Quarter $ in Mn Rate Rate July 2019 to Sep 2019 8.00 69.38 Apr 2020 to June 2020 8.00 71.21 Oct 2019 to Dec 2019 8.00 70.00 July 2020 to Sep 2020 8.00 71.92 Jan 2020 to Mar 2020 8.00 70.61 Oct 2020 to Dec 2020 8.00 72.65 Jan
Slide 18: Digital Transformation Deals
Digital Transformation Deals CONTEXTUAL and DIGITAL is the Key Differentiator iGTB strikes a large deal win in Vietnam reiterating our market leadership in the country Largest Banking Group in Vietnam chose iGTB for the Digital Transformation of its end- to-end transaction banking business. iGTB wil
Slide 19: Digital Implementations
Digital Implementations Leading banking group in Austria implemented iGTB's Leading financial services organisation in Malaysia SWIFT certified, Digital Trade Finance platform. iGTB has went ‘live’ with iGTB’s Digital Transaction Banking helped to centralise trade finance IT operations with a (DTB).
Slide 20: Product Acceptance in Leadership Quadrant
Product Acceptance in Leadership Quadrant Intellect’s cutting-edge digital technologies and products have been recognized by renowned global analysts and research firms IBS ranks Intellect no. 1 Aite Group has profiled Intellect Intellect has been recognized as Novarica recognized iGTB rated as LEAD
Slide 21: Financial Results for the First Quarter FY20 Ended June 30, 2019
Financial Results for the First Quarter FY20 Ended June 30, 2019 Additional Information on function wise classification of statement of Profit and Loss of the Group (Consolidated Unaudited / Not Reviewed) Rs. In Lakhs QUARTER ENDED YEAR ENDED Particulars June 30, 2019 June 30, 2018 March 31, 2019 Ma
Slide 22: Management Observations
Management Observations “ Arun Jain, Chairman and Managing Director, Intellect Design Arena Limited said, “Our focus on high quality opportunities is yielding results. We have a funnel of around USD 500 million, which we feel is the right size to provide focus for closure. In this quarter iGCB is al
Slide 23: © 2019, Intellect Design Arena Limited. All rights reserved.
© 2019, Intellect Design Arena Limited. All rights reserved. These materials are confidential and proprietary to Intellect and no part of these materials should be reproduced, published in any form by any means, electronic or mechanical including photocopy or any information storage or retrieval sys
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