Niit Limited · NSE:NIITLTD
Niit — Q2 FY2023 Earnings Presentation
10 slides from Niit's earnings presentation, Oct 28, 2022
Slide 1: Exchange intimation letter for analyst presentation
October 28, 2022 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: Results Update- Q2FY23
Results Update- Q2FY23 October 28, 2022
Slide 3: Environment
Environment Global economy is in a broad-based and sharper-than-expected slowdown, Global headwinds impacting growth Macro uncertainty leading to with inflation at multi-decade high. outlook for India as well. IMF now slowdown in decision making in the Growth expected to slow from 6% in expects grow
Slide 4: Q2FY23: In Perspective
Q2FY23: In Perspective Overall NIIT • Revenue at INR 3,922 Mn; up 24% YoY • EBITDA at INR 560 Mn; EBITDA Margin at 14% • PAT at INR 396 Mn; EPS of INR 2.9 • Operational ROCE at 69.3%; ROCE at 16.8% (Including Cash) Corporate Learning Group (CLG) • Revenue at INR 3,004 Mn; up 10% YoY (In CC, revenue
Slide 5: Key Financials
Key Financials INR Mn Q2 FY23 Q1 FY23 QoQ Q2 FY22 YoY Net Revenue 3,922 4,048 -3% 3,156 24% Operating expenses 3,362 3,308 2% 2,418 39% EBITDA 560 740 -24% 738 -24% EBITDA% 14% 18% -400 bps 23% -911 bps Depreciation 150 139 8% 140 7% EBIT 410 601 -32% 598 -31% Net Other Income/ (Expense) 103 3 3246%
Slide 6: Corporate Learning Group
Corporate Learning Group INR Mn Q2 FY23 Q1 FY23 QoQ Q2 FY22 YoY Net Revenues 3,004 3,125 -4% 2,736 10% EBITDA 535 739 -28% 785 -32% EBITDA % 18% 24% -584 bps 29% -1088 bps • Revenue at INR 3,004 Mn up 10% YoY and down 4% QoQ • In constant currency terms - revenue up 5% YoY and down 5% QoQ • EBITDA a
Slide 7: Skills & Careers Group
Skills & Careers Group INR Mn Q2 FY23 Q1 FY23 QoQ Q2 FY22 YoY Net Revenues 918 923 -1% 420 119% EBITDA 25 1 24 Mn -47 72 Mn EBITDA % 3% 0% 264 bps -11% 1384 bps • Revenue at INR 918 Mn up 119% YoY • Excluding RPS Consulting, revenue up 29% YoY • EBITDA at INR 25 Mn vs INR 1 Mn in Q1FY23 and INR (47)
Slide 8: People
People 3,299 3,240 3,104 2,832 2,661 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 Headcount up 59 QoQ and up 638 YoY 7 * excludes project retainers
Slide 9: Share Holding Pattern
Share Holding Pattern 29.9% 30.4% 31.3% 31.6% 32.0% 11.3% 11.7% 12.1% 11.7% 11.9% 23.6% 22.8% 21.5% 21.7% 21.2% 35.1% 35.1% 35.0% 35.0% 34.9% Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 Promoters FPIs DIIs Individuals and Corporates 8 * Includes impact of conversion of ESOPs
Slide 10: Thank You
a HOWE ec eee cece e ew Thank You