Slide 1: Exchange filing cover letter for analyst presentation
October 31, 2023 The Manager The Manager BSE Limited National Stock Exchange of India Limited 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 S
Slide 2: Financial Results Q2 FY24
Financial Results Q2 FY24 October 31, 2023
Slide 3: Environment
Environment GDP growth in India expected to remain robust driven by resilience in private GSIs and GCCs continue to rationalize consumption and investment, and growth spends and curtail discretionary in the domestic services sector. IMF investments expects that India will emerge as the world’s third
Slide 4: Q2 FY24: In Perspective
Q2 FY24: In Perspective • Revenue at INR 814 Mn; up 30% QoQ and down 13% YoY • Overall enrolments up 69% QoQ; Recovery in business, despite tough environment affecting the Tech sector • BFSI & India Enterprise Biz scaling up on account of increased demand. Increased focus on GCC’s and Tier II GSI •
Slide 5: Key Financials
Key Financials INR Mn Q2 FY24 Q1 FY24 QoQ Q2 FY23 YoY Net Revenue 814 625 30% 940 -13% Operating expenses 792 690 15% 916 -14% EBITDA* 22 (64) 134% 24 -10% Depreciation 45 41 11% 42 7% Net Other Income/ (Expense) 137 138 0% 103 33% Operational PBT 114 33 251% 85 34% Tax (7) (7) -4% (15) 54% Profit/
Slide 6: Key Metrics
Key Metrics Early BFSI & Career Others 34% 49 K 49% Work Pro Enrollments in Q2 FY24 51% Technology Across Early Career & 66% Working Professionals Revenue Mix 5
Slide 7: People
People 1,058 996 959 906 843 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY24 Q2 FY24 • Headcount down 63 QoQ and down 215 YoY * excludes project retainers 6
Slide 8: Share Holding Pattern
Share Holding Pattern 32.0% 32.4% 31.3% 31.8% 33.7% 11.9% 12.3% 13.1% 12.3% 12.7% 21.2% 20.5% 20.7% 21.1% 18.8% 34.9% 34.9% 34.8% 34.8% 34.8% Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY24 Q2 FY24 Promoters FPIs DIIs Individuals and Corporates * Includes impact dilution of shareholding percentage due to of exercis
Slide 9: Can’t spell TRAINING without NIIT
Can’t spell TRAINING without NIIT