Mps Limited · NSE:MPSLTD
Mps — Q1 FY24 Earnings Presentation
19 slides from Mps's earnings presentation, Aug 1, 2023
Slide 1: Stock exchange filing cover letter
Ref: MPSL/SE/45/2023-24 Date: 01 August 2023 National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5th Floor, Plot no. C/1, Department of Corporate Services G Block, Bandra – Kurla Complex, Bandra Phiroze Jeejeebhoy Towers ✓ (East), Mumbai – 400 051, India Dalal Street, Mumbai- 400001
Slide 2: Earnings Presentation (Q1 FY24)
mpslimited.com Earnings Presentation (Q1 FY24) www.mpslimited.com
Slide 3: Disclaimer
Disclaimer This presentation contains forward-looking statements, inter-alia, to enable investors to comprehend Company’s prospects and take informed investment decisions. This report and other statements – written and oral – that we periodically make, contain forward-looking statements that set out
Slide 4: About MPS Limited
About MPS Limited www.mpslimited.com 3
Slide 5: MPS at a Glance
MPS at a Glance MPS is a premium B2B learning and platform solutions company that powers the education, research, and corporate markets in their quest to engage with their learners more meaningfully. MPS has unlocked a new growth trajectory due to the combined effect of lower attention spans, rapid
Slide 6: Complementary Business Segments with High Degree of Synergy
Complementary Business Segments with High Degree of Synergy End-to-end offerings provide a one-stop solution, leading to operational efficiencies, enhanced customer experience, and stickiness Content Platform eLearning Complete range of configurable platform solutions Comprehensive content solutions
Slide 7: Financial Performance Q1 FY24
Financial Performance Q1 FY24 www.mpslimited.com 6
Slide 8: Solid Start in Q1 FY'24 ahead of Inorganic Expansion
Solid Start in Q1 FY’24 ahead of Inorganic Expansion Q1 FY24 Reported FX- Revenue 132.5 Cr Adjusted 133 Cr Revenue Reported FX-Adjusted 15.38% 16.61% Revenue YoY Revenue YoY EBITDA 41.9 Cr EPS 17.84 EPS Growth YoY 47.8% EBITDA Margin 31.64% www.mpslimited.com 7
Slide 9: Impressive Momentum in Revenue Growth drives Margin Expansion
Impressive Momentum in Revenue Growth drives Margin Expansion Metrics Q1 FY24 Q1 FY23 Variance% FX Gain/Loss adjusted revenue 13,298 11,404 16.61% Revenue (INR Lakh) Reported Revenue (INR Lakh) 13,251 11,485 15.38% EBITDA (INR Lakh) 4,192 2,962 41.53% Profit PBT (INR Lakh) 4,056 2,808 44.44% PAT (IN
Slide 10: Back to our Roots of a High Margin Business
Back to our Roots of a High Margin Business Q1 FY24 Q1 FY23 Metrics Content Platform eLearning Content Platform eLearning Solutions Solutions Solutions Solutions Solutions Solutions FX Gain/Loss adjusted 7,024 3,039 3,235 6,183 2,699 2,522 revenue (INR Lakh) Revenue Reported Revenue 6,979 3,037 3,23
Slide 11: MPS is now a more Diversified Learning Company
MPS in now a more Diversified Learning Company Metrics Q1 FY24 Q1 FY23 Q4 FY23 North America 57% 57% 56% Geographic UK/Europe 35% 36% 34% Concentration Rest of the World 8% 7% 10% Debtors DSO 63 59 61 Client Billed 437 492 495 Client Top 5 contribution 33% 36% 31% Concentration Top 10 contribution 4
Slide 12: Key Business Updates: Q1 FY24
Key Business Updates: Q1 FY24 • MPS delivered robust growth in Q1 FY24 compared to the same period last year. Revenue grew to INR 133 crores on an FX-Adjusted basis and EPS for the period was INR 17.8 per share, resulting in a ~48 percent increase from Q1 FY23. The major drivers of the robust growth
Slide 13: Key Business Updates on Platform Business: Q1 FY24
Key Business Updates on Platform Business: Q1 FY24 • Revenue in the Platform business grew in double digits for the first time since the acquisition of HighWire in 2020. Since the operating leverage in the Platforms business is the highest across all our businesses, segment profit grew even faster a
Slide 14: Supercharging "Gestalt" to Build Scale
Supercharging “Gestalt” to Build Scale www.mpslimited.com 13
Slide 15: Drivers for Growth in Q1 FY24 powered by our Five-Pronged Approach
Drivers for Growth in Q1 FY24 powered by our Five-Pronged Approach Updated Customer Acquisition Approach Unlock Potential Consistent of 700+ Customer Investment in New Base through Capabilities STAR Program Revised Go-To- NEW Acquisition Market Strategy Playbook www.mpslimited.com 14
Slide 16: Vision 2027: Supercharge "Going Gestalt" to build Revenue above INR 1,500 crores
Vision 2027: Supercharge “Going Gestalt” to build Revenue above INR 1,500 crores Go-To-Market Strategy Scale STAR Program NEW Customer Acquisition NEW Capabilities Strategic Acquisitions Inorganic Refocused strategy using a Proactive management and Research: Bundle Expand Platform offerings
Slide 17: Corporate Social Responsibility
Corporate Social Responsibility www.mpslimited.com 16
Slide 18: Corporate Social Responsibility Update
Corporate Social Responsibility Update Total CSR Spending at a consolidated level is INR 59 Lakh for Q1, FY24 Girl’s Education Project: We partner with an NGO, IIMPACT, to adopt teaching schools that provide quality education to girls from marginalized communities and the underprivileged. We have
Slide 19: THANK YOU!
mpslimited.com THANK YOU! (Earnings Presentation Q1 FY24) www.mpslimited.com