Coforge Limited · NSE:COFORGE

Coforge — NIIT Technologies — Q2 FY2015 Earnings Presentation

16 slides from Coforge's earnings presentation, Oct 15, 2014

  1. Slide 1: Financial Performance – Q2FY15

    NIIT Technologies Financial Performance – Q2FY15 October 15, 2014 © 2014 NIIT Technologies

  2. Slide 2: Outline

    Outline  Financial Highlights  Business Update  Financial Statements • Income Statement • Balance Sheet  Business Analysis © 2014 NIIT Technologies © 2014, NIIT Technologies Limited

  3. Slide 3: Financial Highlights for Q2 FY15

    Financial Highlights for Q2 FY15 • Consolidated Revenues at INR 5,883 Mn – Up 1.9% QoQ, Up 0.2% YoY – International revenues Up 5.6% – Hedge Gain of INR 96 Mn – In constant currency revenues down 0.8% QoQ, Services Revenue up 2.1% • Operating profits at INR 822 Mn – Up 6.1% QoQ, Down 7.2% YoY – Oper

  4. Slide 4: Business Highlights for Q2 FY15

    Business Highlights for Q2 FY15 • BFSI Down 1.4% QoQ, Contributes 33% (LQ 34%) – Softness in US insurance – 1 New Client Added • Transport Up 9.5% QoQ, Contributes 42% (LQ 39%) – Growth in Top accounts across all regions – 3 New Clients Added • Manufacturing & Distt Down 1.3% QoQ, Contributes 7% (LQ

  5. Slide 5: +Advantage Suite Launched in London, Oct 1, 2014

    +Advantage Suite Launched in London, Oct 1, 2014 © 2014 NIIT Technologies © 2014, NIIT Technologies Limited

  6. Slide 6: Acknowledgements during the Quarter

    Acknowledgements during the Quarter • NIIT Technologies felicitated for outstanding contribution in infrastructure development at The Economic Times Infra Focus Summit 2014. • Won an award for the “Best US and India Business Collaboration” at the 5th annual USA India Business Summit, Atlanta. • Conf

  7. Slide 7: Consolidated Quarterly Income Statement

    Consolidated Quarterly Income Statement INR Mn Particulars (INR Mn) Q2FY15 Q1FY15 QoQ% Q2FY14 YoY% Gross Revenues 5,883 5,776 1.9% 5,873 0.2% Direct Cost 3,921 3,877 1.1% 3,893 0.7% Gross Profit 1,963 1,899 3.4% 1,980 -0.9% GM% 33.4% 32.9% 48 Bps 33.7% -35 Bps Selling / General And Administration 1,

  8. Slide 8: Balance Sheet

    Balance Sheet INR Mn As at Sep As at Jun As at Sep As at Sep As at Jun As at Sep Particulars Particulars 30 2014 30 2014 30 2013 30 2014 30 2014 30 2013 Equity 608 607 604 Net Block 5,432 5,103 4,690 Reserves & Surplus 13,510 13,127 11,797 Capital Work in Progress 1,117 1,256 436 Current Assets NET

  9. Slide 9: Geographic Revenue Mix

    Geographic Revenue Mix Q1 FY'15 Q2 FY'15 India India 14% APAC 11% APAC 7% 6% America 44% America 44% EMEA EMEA 38% 36% • Americas mix remains unchanged. Growth in Transportation offset by softness in insurance. • EMEA mix improved due to growth in UK and Continent • Decline in India due to lower rev

  10. Slide 10: Vertical Mix

    Vertical Mix Q1 FY'15 Q2 FY'15 Others Others 15% 14% Govt. Govt. BFSI 6% 3% 33% BFSI Mfg & Dist. 34% Mfg & Dist. 7% 7% Transportation 39% Transportat ion 42% • BFSI declined because of softness in insurance in the US • Increase in Transport due to new business execution and growth in Top accounts ac

  11. Slide 11: Service Mix

    Service Mix Q1 FY'15 Q2 FY'15 IP IP Based Based 9% 9% IMS 16% IMS 18% Non-Linear BPO BPO 3% BPO 3% ADM ADM 3% SI & PI 62% Non-Linear 63% 7% BPO 3% SI & PI 4% • Growth in Transportation contributed to growth in ADM • New engagements in US contributed to increase in IMS • SI & PI reduced due to moveme

  12. Slide 12: Order Intake

    Order Intake Order Intake ($ Mn) 400 377 350 300 250 200 144 150 124 103 100 84 50 - Q2 FY14 Q3 FY14 Q4 FY14 Q1 FY15 Q2 FY15 Order Intake • 5 new customers added during the quarter (Transport – 3, Insurance – 1, Gov – 1) • $103 Mn order intake in the quarter leading to $298 Mn of firm business execu

  13. Slide 13: Top Client Mix

    Top Client Mix 36% 38% Others 64% 62% Top 20 Top 10 48% 47% Top 5 34% 34% Q1'15 Q2'15 $ Mn clients 64 63 © 2014 NIIT Technologies © 2014, NIIT Technologies Limited

  14. Slide 14: People Resources

    People Resources People Data 8290 8282 8288 8160 8017 Sep'13 Dec'13 Mar'14 Jun'14 Sep'14 Net Additions -190 143 130 -8 6 Attrition% 12.44% 13.37% 14.37% 15.40% 15.83% Utilization 80.30% 78.40% 77.30% 78.03% 78.60% © 2014 NIIT Technologies

  15. Slide 15: Shareholding Pattern

    Shareholding Pattern 20% 20% 20% 19% 18% Others 31% 31% 31% 31% 31% Promoters Banks/MF/FI's FIIs 16% 15% 15% 20% 17% 32% 33% 35% 36% 29% Sep'13 Dec'13 Mar'14 Jun'14 Sep'14 © 2014 NIIT Technologies

  16. Slide 16: Thank You

    Thank You © 2014 NIIT Technologies

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