Slide 1: Allsec Technologies Q4 FY2019 Earnings update
ALLSEC TECHNOLOGIES Q4 FY 2019 FY 2019 Earnings update May 17, 2019
Slide 2: Disclaimer
Disclaimer This presentation may include statements that are not historical in nature and that may be characterized as “forward-looking statements”, including those related to future financial and operating results, future opportunities and the growth of selected verticals in which the organisation
Slide 3: Agenda
1. Significant events 2. Performance Highlights 3. Performance Review & Analysis 4. Business Outlook 3
Slide 4: Open offer by Conneqt Business Solutions Limited along with Quess Corp Limited
Open offer by Conneqt Business Solutions Limited along with Quess Corp Limited • On April 17, 2019, Conneqt Business Solutions Limited (“Acquirer”) along with Quess Corp Limited (“Person Action in Concert” / “PAC”) made a Public Announcement for an Open Offer (“Offer”) for acquisition of upto 39,61,
Slide 5: Note on impairment of investment in the US
Note on impairment of investment in the US Allsec has two operating subsidiaries in the US – Allsec Tech Inc and Retreat Capital Management (RCM) The US subsidiaries have a combined net book value of INR 20.4 cr as on March 31, 2019. The revenue from the US operations for FY 2019 is INR 35 cr an
Slide 6: Agenda: Significant events completed
1. Significant events √ 2. Performance Highlights 3. Performance Review & Analysis 4. Business Outlook 6
Slide 7: Q4 FY 2019 Standalone Highlights
Q4 FY 2019 Standalone Highlights Operating Revenue Q4 FY19 revenue at INR 41.5 crores compared to INR 39.6 crores in Q3 FY19 and INR 33.8 crores in Q4 FY18 o QoQ growth of 5% o YoY growth of 23% EBITDA Q4 FY19 EBITDA at INR 9.8 crores compared to INR 10.0 crores in Q3 FY19 and INR 7.2 cr in
Slide 8: FY 2019 Standalone Highlights
FY 2019 Standalone Highlights Operating Revenue FY19 revenue at INR 153.2 crores compared to INR 128.8 crores in FY18 o YoY growth of 19% EBITDA FY19 EBITDA at INR 36.9 crores compared to INR 28.0 crores in FY18 o YoY growth of 32% PBTE FY19 PBTE at INR 33.2 crores compared to INR 24.8 c
Slide 9: Q4 FY 2019 Consolidated Highlights
Q4 FY 2019 Consolidated Highlights Operating Revenue Q4 FY19 revenue at INR 66.3 crores compared to INR 63.1 crores in Q3 FY19 and INR 60.8 crores in Q4 FY18 o QoQ increase of 5% o YoY increase of 9% EBITDA Q4 FY19 EBITDA stood at INR 16.9 crores compared to INR 12.0 crores in Q3 FY19 and IN
Slide 10: FY 2019 Consolidated Highlights
FY 2019 Consolidated Highlights Operating Revenue FY19 revenue at INR 261.2 crores compared to INR 325 crores in FY18 o YoY decrease of 20% EBITDA FY19 EBITDA stood at INR 46.4 crores compared to INR 68.3 crores in FY18 o YoY decrease of 32% PBTE FY19 PBTE stood at INR 41.3 crores compar
Slide 11: Agenda: Performance Highlights completed
1. Significant events √ 2. Performance Highlights √ 3. Performance Review & Analysis 4. Business Outlook 11
Slide 12: Summary – India Operations Q4 FY19
Summary – India Operations Q4 FY19 In INR Lakhs Q4FY18 Q3FY19 Q4FY19 Income from Services 3,384 3,963 4,149 Other Income 138 196 171 Total Income 3,522 4,159 4,320 Personnel and Operating expense 2,801 3,162 3,343 EBIDTA 720 997 977 EBITDA (% of Income from Services) 21.3% 25.2% 23.6% Depreciation 8
Slide 13: Summary – India Operations Q4 FY19 charts
Summary – India Operations Q4 FY19 Revenue from Operations EBITDA 4,300 1,200 30% 4,149 EBITDA Margin % 4,100 3,963 997 977 1,000 3,900 Rs. Lakhs 3,700 800 25% 720 25.2% 3,500 3,384 3,300 23.6% 600 3,100 21.3% 2,900 400 20% Q4FY18 Q3FY19 Q4FY19 Q4FY18 Q3FY19 Q4FY19 Profit Before Tax & Exceptional it
Slide 14: Q4 FY19 Revenue Analysis – India
Q4 FY19 Revenue Analysis – India Revenue by Customer Origination Revenue by Segment 100% 100% 14.9% 14.1% 13.6% 32.9% 28.8% 31.9% 80% 15.3% 15.3% 80% 16.8% 9.0% 8.4% 60% 60% 8.4% 40% 40% 35.4% 41.8% 39.3% 68.3% 70.6% 71.1% 20% 20% 23.3% 20.3% 20.5% 0% 0% Q4FY2018 Q3FY2019 Q4FY2019 Q4FY2018 Q3FY2019
Slide 15: Summary – India Operations FY19
Summary – India Operations FY19 In INR Lakhs FY 2018 FY 2019 Income from Services 12,878 15,317 Other Income 494 680 Total Income 13,372 15,997 Personnel and Operating expense 10,568 12,310 EBIDTA 2,804 3,687 EBITDA (% of Income from Services) 21.8% 24.1% Depreciation 328 408 Interest (Income) /expe
Slide 16: Summary – Manila Operations Q4 FY19 and FY19
Summary – Manila Operations Q4 FY19 and FY19 In INR Lakhs Q4FY18 Q3FY19 Q4FY19 FY 2019 FY 2018 FY 2019 Income from Services 1,592 2,389 2,506 Income from Services 5,343 8,747 Other Income 56 -73 10 Other Income 132 -3 Total Income 1,648 2,315 2,516 Total Income 5,475 8,744 Personnel and Operating ex
Slide 17: Summary – US Operations Q4 FY19 and FY19
Summary – US Operations Q4 FY19 and FY19 In INR Lakhs Q4FY18 Q3FY19 Q4FY19 In INR Lakhs FY 2018 FY 2019 Income from Services 1,326 349 364 Income from Services 15,103 3,505 Other Income - - - Other Income - - Total Income 1,326 349 364 Total Income 15,103 3,505 Personnel and Operating expense 1,487
Slide 18: Summary Consolidated Q4FY2019
Summary Consolidated Q4FY2019 In INR Lakhs Q4FY18 Q3FY19 Q4FY19 In INR Lakhs FY2018 FY2019 Income from Services 6,078 6,309 6,634 Income from Services 32,496 26,116 Other Income 333 124 181 Other Income 724 675 Total Income 6,411 6,433 6,815 Total Income 33,220 26,791 Personnel and Operating expense
Slide 19: Summary – Consol Q4 FY19
Summary – Consol Q4 FY19 Revenue from Operations EBITDA 7,000 1,800 30% 6,634 25% 6,309 25% 1,300 Rs. Lakhs 6,078 20% 21% Margin % 6,000 19% 1,685 15% 800 1,317 1,202 10% 5,000 300 5% Q4FY18 Q3FY19 Q4FY19 Q4FY18 Q3FY19 Q4FY19 Profit Before Tax & Exceptional Item Profit After Tax Q4FY18 Q3FY19 Q4FY19
Slide 20: Revenue – Consolidated
Revenue – Consolidated Revenue by Customer origination Revenue by Segment 100% 100% 8.2% 9.3% 9.0% 18.4% 24.2% 25.6% 80% 80% 46.3% 46.6% 22.9% 53.8% 60% 60% 40% 40% 75.8% 74.4% 58.7% 20% 38.0% 44.4% 44.5% 20% 0% 0% Q4FY2018 Q3FY2019 Q4FY2019 Q4FY2018 Q3FY2019 Q4FY2019 India US Rest of World CLM HRO
Slide 21: Agenda: Performance Review & Analysis completed
1. Significant events √ 2. Performance Highlights √ 3. Performance Review & Analysis √ 4. Business Outlook 21
Slide 22: Business Outlook
Business Outlook • HRO has strong momentum and will continue to do well with growth coming from both the HRO international and domestic markets. • CLM India domestic business to sustain momentum. CLM International business likely to be stable • Any volume in AML business is dependent on our ability