Persistent Systems Limited · NSE:PERSISTENT

Persistent Systems — Q1 FY2013 Earnings Presentation

22 slides from Persistent Systems's earnings presentation, Jul 19, 2012

  1. Slide 1: Persistent Systems Limited Quarter Ending June 30, 2012

    www.persistentsys.com Persistent Systems Limited Quarter Ending June 30, 2012 July 19, 2012 © 2012 Persistent Systems Ltd

  2. Slide 2: Forward-looking and Cautionary Statements

    Forward-looking and Cautionary Statements Certain statements in this Presentation concerning our future growth prospects are forward-looking statements, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statement

  3. Slide 3: Highlights

    www.persistentsys.com Highlights © 2012 Persistent Systems Ltd

  4. Slide 4: Financial Highlights: Q1 FY13

    Financial Highlights* : Q1 FY13 Quarter ended June 30, 2012 • Revenue in Rupee terms was ` 3,007.04 Million representing Y-o-Y growth of 34.4%, and Q-o-Q growth of 11.1%. • Revenue in US$ terms was US$ 54.91 Million, representing a Y-o-Y increase of 9.8%, and Q-o-Q growth of 1.3%. • EBIDTA was ` 806

  5. Slide 5: Other Q1 FY13 Highlights

    Other Q1 FY13 Highlights Appointed Pradeep Bhargava as an Independent Director Announced Persistent Systems and TGen collaboration on Bio4D software program Partnered with Acme Packet to deliver compliance-based workflow communications Named partner in Appnomic’s AppsOne Application Migration Progra

  6. Slide 6: Awards and Recognitions in Q1 FY13

    Awards and Recognitions in Q1 FY13 Ranked amongst the ‘Top Ten Companies for Investor Relations in India;’ Vivek Sadhale, Head of Investor Relations ranked sixth as the 'Best Investor Relations Professional in India' by Thomson Reuters Extel Survey Awards Adjudged as one of the “Best 20 Leaders in R

  7. Slide 7: Updates from Annual General Meeting held on July 18, 2011

    Updates from Annual General Meeting held on July 18, 2011  Members passed all the resolutions pertaining to businesses listed in the Notice of the said Annual General Meeting, unanimously.  Members approved final dividend of ₹ 2.50 per share. Dividend Payout *: 19.67% of Consolidated Net Profit fo

  8. Slide 8: Financial performance

    www.persistentsys.com Financial performance © 2012 Persistent Systems Ltd

  9. Slide 9: Sequential Q1 FY13 Vs Q4 FY12

    Sequential Q1 FY13 Vs Q4 FY12 ₹M $M Exps / Sales % Particulars Quarter ended Quarter ended Quarter ended Q1 FY 13 Q4 FY 12 Change Q1 FY 13 Q4 FY 12 Change Q1 FY 13 Q4 FY 12 Income Software Sales & Services 2,986.23 2,689.76 11.0% 54.53 53.87 1.2% Travel Billing 20.81 16.48 26.3% 0.38 0.33 15.2% Tota

  10. Slide 10: Y-o-Y Q1 FY13 Vs Q1 FY12

    Y-o-Y Q1 FY13 Vs Q1 FY12 ₹M $M Exps / Sales % Particulars Quarter ended Quarter ended Quarter ended Q1 FY 13 Q1 FY 12 Change Q1 FY 13 Q1 FY 12 Change Q1 FY 13 Q1 FY 12 Income Software Sales & Services 2,986.23 2,217.25 34.7% 54.53 49.54 10.1% Travel Billing 20.81 20.59 1.1% 0.38 0.46 -17.4% Total Re

  11. Slide 11: Consolidated Balance Sheet

    Consolidated Balance Sheet Mn As at June 30, 2012 As at March 31, 2012 Equity and Liabilities Equity Share Capital 400.00 400.00 Reserves & Surplus 8,300.60 8,005.12 Non-Current Liabilities 86.62 77.41 Current Liabilities 2,174.89 1,660.41 Total sources of Funds 10,962.11 10,142.94 Assets Fixed Asse

  12. Slide 12: Key Financials Ratios: Q1 FY13

    Key Financials Ratios: Q1 FY13 Ratios, % Q1 FY13 Q4 FY12 QoQ % Q1 FY12 YoY% Gross Margin 44.0% 44.7% -0.7% 37.3% 6.7% S&M to Revenue 7.2% 6.5% -0.7% 7.9% 0.7% G&A to Revenue 9.9% 9.7% -0.2% 11.5% 1.6% Total S, G&A to Revenue 17.1% 16.2% -0.9% 19.4% 2.3% EBIDTA Margin 26.9% 28.5% -1.6% 17.9% 9.0% EBI

  13. Slide 13: Fact Sheet

    www.persistentsys.com Fact Sheet © 2012 Persistent Systems Ltd

  14. Slide 14: Fact Sheet: Segments

    Fact Sheet Q1 FY13 Q4 FY12 Q3 FY12 Q2 FY12 Q1 FY12 FY12 FY11 Total Revenue, US $ Mn 54.91 54.20 51.66 51.53 50.00 207.39 170.24 Revenue %, q-o-q/ y-o-y growth 1.3% 4.9% 0.3% 3.1% 6.3% 21.8% 33.7% Revenue from Operations, 3,007.04 2,706.24 2,677.30 2,381.73 2,237.84 10,003.11 7,758.41 INR Mn %, q-o-q

  15. Slide 15: Fact Sheet: Geography and Onsite-Offshore Mix

    Fact Sheet (Contd…) % Q1 FY13 Q4 FY12 Q3 FY12 Q2 FY12 Q1 FY12 FY12 FY11 North America 84.4% 82.4% 82.9% 82.0% 82.8% 82.5% 85.6% Geography Europe 6.9% 6.8% 7.2% 7.8% 7.4% 7.3% 5.9% Asia-Pacific 8.7% 10.8% 9.9% 10.2% 9.8% 10.2% 8.5% Total 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% Onsite: Offsho

  16. Slide 16: Fact Sheet: Business Revenue Mix

    Fact Sheet (Contd…) % Q1 FY13 Q4 FY12 Q3 FY12 Q2 FY12 Q1 FY12 FY12 FY11 Revenue Mix T&E 78.6% 79.8% 79.0% 80.4% 79.8% 79.7% 78.6% FPP 7.5% 8.1% 11.8% 12.0% 14.1% 11.5% 12.6% IP driven 13.9% 12.1% 9.2% 7.6% 6.1% 8.8% 8.8% Total 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% Business % Q1 FY13 Q4 FY

  17. Slide 17: Fact Sheet: Client Engagement

    Fact Sheet (Contd…) Nos. Q1 FY13 Q4 FY12 Q3 FY12 Q2 FY12 Q1 FY12 FY12 FY11 Client Engagement Large > $ 3Mn 13 11 10 10 9 11 9 Size Medium > $ 1Mn, < $ 3Mn 35 26 27 32 32 26 22 Small Upto $ 1 Mn 243 251 236 211 198 314 271 Total 291 288 273 253 239 351 302 Days Q1 FY13 Q4 FY12 Q3 FY12 Q2 FY12 Q1 FY12

  18. Slide 18: Fact Sheet: Concentration and People Numbers

    Fact Sheet (Contd…) USD/p.p.m Q1 FY13 Q4 FY12 Q3 FY12 Q2 FY12 Q1 FY12 FY12 FY11 Yield 3,345 3,350 3,247 3,208 3,147 3,238 3,207 % Q1 FY13 Q4 FY12 Q3 FY12 Q2 FY12 Q1 FY12 FY12 FY11 Concentration Revenue Top 1 17.8% 17.2% 15.9% 16.0% 15.1% 16.1% 15.4% Top 5 33.5% 36.6% 37.0% 38.6% 37.6% 37.4% 38.4% To

  19. Slide 19: Fact Sheet: Investment, Utilization and Attrition

    Fact Sheet (Contd…) Investment in IP Led % Q1 FY13 Q4 FY12 Q3 FY12 Q2 FY12 Q1 FY12 FY12 FY11 work Technical time spent 5.4% 4.6% 6.0% 5.5% 4.7% 5.2% 4.1% Utilization1 % Q1 FY13 Q4 FY12 Q3 FY12 Q2 FY12 Q1 FY12 FY12 FY11 74.1% 71.7% 74.1% 73.8% 72.7% 73.1% 73.7% 1Excludes Investment person-months in I

  20. Slide 20: Thank you

    www.persistentsys.com Thank you © 2012 Persistent Systems Ltd

  21. Slide 21: 4x4x4 Business Strategy

    4x4x4 Business Strategy IP-led Business Enterprise Mobility Banking and Finance Infrastructure and Technology Consulting Enterprise Collaboration Systems Sell-with / Platform Analytics Life Sciences Partnerships Product Engineering Cloud Computing Telecom (OPD) 21 Persistent Confidential 21 © 2012 P

  22. Slide 22: Persistent owned facilities

    Persistent owned facilities Bhageerath Aryabhata–Pingala Panini Senapati Bapat Road, Pune Karve Road, Pune Senapati Bapat Road, Pune Goa Rigveda-Yajurveda-Samaveda-Atharvaveda Gargi-Maitreyi Verna, Goa Hinjawadi, Pune MIDC, Parsodi, Nagpur 22 © 2012 Persistent Systems Ltd

Persistent Systems — Q1 FY2013 Earnings Presentation on 6ix