Niit Learning Systems Ltd · NSE:NIITMTS
Niit Learning Systems — Q3 FY24 Earnings Presentation
9 slides from Niit Learning Systems's earnings presentation, Jan 31, 2024
Slide 1: Exchange filing cover letter
January 31, 2024 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
Slide 2: Financial Results Q3 FY24
Financial Results Q3 FY24 January 31, 2024
Slide 3: Environment
Environment Despite expectations of rate cuts in 2024, World Bank expects global to slowdown to balance of risks to global growth remains 2.4 percent in 2024—the third consecutive tilted to the downside, including an year of deceleration—reflecting the lagged escalation of the recent conflict in the
Slide 4: Q3 FY24: In Perspective
Q3 FY24: In Perspective • Revenue at INR 3,913 Mn; up 8% YoY and up 2% QoQ; CC Revenue growth at 5% YoY and up 3% QoQ • OM at 24%, flat YoY and up 6 bps QoQ • PAT at INR 568 Mn; EPS of 4.2; both up 21% QoQ and up 23% YoY • Free Cash Flow at INR 1,099 Mn for Q3 • Net Cash at INR 5,599 Mn; up INR 790
Slide 5: Key Financials
Key Financials INR Mn Q3 FY24 Q2 FY24 QoQ Q3 FY23 YoY Net Revenue 3,913 3,819 2% 3,633 8% Operating expenses 2,979 2,910 2% 2,766 8% EBITDA 934 910 3% 867 8% EBITDA% 24% 24% 6 bps 24% 0 bps Depreciation & Amortisation 143 170 -16% 118 21% Net Other Income/ (Expense) (16) (66) 76% (184) 91% Operation
Slide 6: Revenue Mix: By Sector
Revenue Mix: By Sector 100% 90% 21% 21% 22% 22% 20% 80% 9% 9% 9% 10% 10% 70% 8% 8% 8% 8% 9% 60% 12% 9% 10% 12% 12% 50% 10% 11% 9% 9% 40% 11% 9% 17% 17% 15% 30% 13% 20% 29% 26% 25% 24% 24% 10% 0% Q3 FY23 Q4 FY23 Q1 FY24 Q2 FY24 Q3 FY24 Technology & Telecom Management Consulting & Professional Service
Slide 7: People
People No of Nationalities 2468 2,361 2,390 2417 39 2,335 Women Employees 44% Q3 FY23 Q4 FY23 Q1 FY24 Q2 FY24 Q3 FY24 Headcount down 51 QoQ and up 56 YoY 6 * excludes project retainers
Slide 8: Share Holding Pattern
Share Holding Pattern 32.4% 31.3% 31.0% 30.4% 31.2% 12.3% 13.1% 13.3% 15.8% 16.4% 20.5% 20.7% 20.8% 18.9% 17.8% * 34.9% 34.8% 34.8% 34.8% 34.7% Q3 FY23 Q4 FY23 Q1 FY24 Q2 FY24 Q3 FY24 Promoters FPIs DIIs Individuals and Corporates * Includes impact dilution of shareholding percentage due to of exerc
Slide 9: Office locations
ATLANTA | BERGEN | DUBLIN | GURUGRAM | LONDON | ROCHESTER | SHEFFIELD | SHANGHAI | TOLOUSE | VANCOUVER
NIIT Learning Systems — Q3 FY24 Earnings Presentation on 6ix