Trigyn Technologies Limited · NSE:TRIGYN
Trigyn Technologies — Investor Presentation (February 2001)
21 slides from Trigyn Technologies's investor presentation, February 2001
Slide 1: Analysts Meet: February 2001
Analysts Meet: February 2001 TRIGYN technologies December : Sustained Performance
Slide 2: Products Overview, Q3 Performance, Applisoft Acquisition, Going Forward
> Products Overview > Q3 Performance Za > Applisoft Acquisition > > Going Forward
Slide 3: Q3 Performance
Q3 Performance TRIGYN technologies
Slide 4: Q3: Revenue and Income
Q3 : Revenue and In H1‘01 | Q3 01 | Q3°01, Cum. Revenue 877.5 | 524.6 1402.1 Direct Costs 443.9) 279.7 723.6 Gross Profit 433.6) 244.9 678.5 Gross Margin, % 49% | 46.7% 48.4% SG&A 287.5) 165.8 453.3 EBITDA 146.1 79.1 225.2 Interest and Depreciation 26.4 12.5 38.9 EBT 119.7 66.6 186.3 Bad debt provis
Slide 5: Balance Sheet
Balance $ (Rs. million) September 30, 2000 December 31, 2000 Assets Cash and Cash Equivalents 399 192 Accounts Receivable 580 634 Other current assets 54 57 Deferred Tax Assets 7 43 Property, plant and equipment 176 229 Investments 62 62 Goodwill 8277 7686 Other Assets 123 185 Total Assets 9678 9088
Slide 6: Q3 Revenues: Geographical Contribution
Q3 Revenues: Geographical Contribution 100% 8M 6% 40% 20% &% T 1 Ql Q2 Q3 Bus BUK O Rest of Europe 0 Asi Pacific Q3: Rs. 520 million; Q2: 486 million; Q1:Rs. 376 million ext interestinome >» Europe Contributing to nearly one third of revenues. >» Being the largest Telecom and financial market, high
Slide 7: Q3 Revenues by Industry Vertical
50% 40% 30% 20% 10% 0% T T Ql Q2 Q3 G Telecom M Retai/FMCG OFinance 0 Dotcoms m Technology G Others Q3: Rs. 520 million; Q2: 486 million; Q1:Rs. 376 million ext interestinome > Dotcom revenues down from 20% in Q1 to less than 10% in Q3. >» Telecom and Finance share on the rise: mitigant against slow
Slide 8: ....and a Stronger Revenue Mix
....and a Stronger Revenue Mix 120.0% 100.0% 80.0% |/——— 60.0% + 40.0% - 20.0% - 0.0% + Ql Q2 Q3 G Telecom W eBusiness OO Finance OO Others Q3: Rs. 520 million; Q2: 486 million; Q1:Rs. 376 million ex: interestincome ! :
Slide 9: Product Revenues Continue to Rise
Product Revenues Continue to tis@.ssesees > Products/productised services revenues growing steadily: nearly doubled over Q2. Ql Q2 Q3 Products MW Projects ( Solutions/Services Q3: Rs. 520 million; Q2: 486 million; Q1:Rs. 376 million exe inerestincome | :
Slide 10: Increasing Offshore Revenues
......Increasing Offshore RevenUes.cnn > Significant Shift to off-shore revenues: 100% 80% > eVector and other 60% products/productised services driving 40% offshore revenues. 20% 0% 1 1 1 Ql Q2 Q3 G Of€shore B Offsite O Or site Q3: Rs. 520 million ; | : Q?2: 486 million; Q1:Rs. 3776 million exc ini
Slide 11: Client Additions Sustained
Client Additions Sust >» 22 new clients added during the Q2, taking the total new clients during the year to 62. Zz 100.0% > New Client Adds from Europe nearly 50%. 80.0% > HSBC, HDFC, NWPCS, Belgacom, Delphi Automotive, S & P, Intel and 60.0% others. > Additional repeat orders from 10 40.0% clients
Slide 12: Receivable: doubtful debts provided for
Receivable: doubtful debts provided for > Efforts taken to reduce the dotcoms exposure > As a measure of financial prudence, Rs. 160 million provided for in respect of probable bad debts « Nearly Rs. 92 million in respect of dotcoms exposure o Of this, Rs. 16 million on account of revaluation of the
Slide 13: End December receivable: analysis
...end December receivable: analysis >» December end receivable of Rs. 634 million, after provisions > 124 days of Sales Z > Of this, nearly 24 days are unbilled receivable > Measures taken to liquidate the receivables, faster Sn « Nearly Rs. 180 million collected During January o Post this, the rec
Slide 14: Manpower additions
Manpower additions revenue gr 100% >» Manpower Addition rates lower than the Revenue Growth: + Operational revenues grew 7% against average direct manpower Ql Q2 Q3 addition of <3%. 80% 60% 40% 20% 0% G Direct-T echnical W@ Indirect Q1: 674 Q2: 757 Q3: 785 | °
Slide 15: Resources: Global Distribution
Resourgag 1--.Global Distibution > Over 80% technical manpower located in India: >In line with the Off-shore revenues. Q2 Q3 i India Ol Europe Technical manpower Q1: 562 Q2: 609 Q3: 625 | q
Slide 16: Manpower Utilisation by Revenue Type
| Nanoower Ulett aa 100% 80% Zz > Increased 60% revenues from > Products and 40% ; . productised services 20% 0% 1 : Ql Q2 Q3 Projects Products Trainng and Development O Others Technical manpower Q1: 562 Q2: 609 Q3: 625
Slide 17: Rs. million facility from GTB
> Rs. 640 million facility from GTB o Structured as combination of Preference shares and debt. o Repayment tenor of 5 years. o Overall annualised effective rate of under 15%. o $9 million for Applisoft acquisition o Balance yet to be utilised — for any future additional working capital for ramping u
Slide 18: Applisoft Acquisition
Applisoft Acquisition TRIGYN technologies
Slide 19: Applisoft Acquisition
vwWwv¥wWv | ° Applisoft Ac Acquisition of 100% stake in Applisoft Inc. completed, on January 01, 2001. A Califorma based on-site service provider $ 9.1 million revenue for fiscal ended December 2000 Net margins of 13.5% Acquisition consideration : $ 9 million - Funded through GTB facility - Deal str
Slide 20: Going Forward
Going Fo Healthy firm order book until Q1 2002. New relationships being crystallised. Processes, Systems and Controls strengthened: + Contract Management and Credit Risk Management + Project Implementation, Monitoring and Evaluation + Product Development + Cost Management and Control The current rec
Slide 21: Thank You!
TRIGYN technologies Thank You!
Trigyn Technologies — Investor Presentation (February 2001) on 6ix