3i Infotech Limited · NSE:3IINFOLTD
3i Infotech — FY2011 Earnings Presentation
27 slides from 3i Infotech's earnings presentation, Apr 22, 2011
Slide 1: Performance Highlights for Year Ended FY 2011 & Q4 FY 2011
Performance Highlights for Year Ended FY 2011 & Q4 FY 2011 April 22, 2011
Slide 2: Disclaimer
Disclaimer Certain statements in these slides/ presentation/ communication are forward-looking statements. These statements are based on management's current expectations and are subject to uncertainty and changes in circumstances. Actual results may differ materially from those included in these st
Slide 3: Contents
Contents Financial Performance & Trends Wins during the quarter 3 - Confidential
Slide 4: Financial Performance
Financial Performance 4 - Confidential
Slide 5: Profit & Loss Account
` Crores Profit & Loss Account Q4 11 Q4 10 Q3 11 Q2 11 Q1 11 FY 11 FY 10 Sales 651.61 628.29 637.75 643.38 637.01 2,569.75 2448.54 Other income 1.85 4.31 7.56 1.96 6.36 17.73 20.21 Total Revenue 653.46 632.60 645.31 645.34 643.37 2587.48 2468.75 Growth YoY 3.7% 5.0% Growth QoQ 2.2% Cost of revenue 3
Slide 6: Profit & Loss Account
` Crores Profit & Loss Account Q4 11 Q4 10 Q3 11 Q2 11 Q1 11 FY 11 FY 10 EBIDTA 127.85 128.17 130.63 133.05 130.32 521.84 503.14 EBIDTA Margin 19.56% 20.26% 20.24% 20.62% 20.26% 20.17% 20.38% Interest 42.33 38.12 41.20 39.14 37.45 160.13 144.83 Depreciation 23.71 0.51 25.19 25.84 25.75 100.50 81.41
Slide 7: Highlights of Operations for FY'11
` Crores Highlights of Operations for FY’11 Revenue 4.8% 2,587.48 3,000 2,468.75 13.8% 2,500 1,767.54 2,000 1,553.23 10.4% 1,500 915.52 819.94 1,000 500 - Total Revenue IT Solutions Transaction Services FY10 FY11 7 - Confidential
Slide 8: Highlights of Operations for FY'11
` Crores Highlights of Operations for FY’11 600 3.7% 521.84 503.14 500 400 5.7% 4.7% 10.6% 276.90 261.21 265.95 300 253.57 23.5% 160.13 200 144.83 100.50 81.41 100 - EBIDTA Interest Depreciation PBT PAT FY10 FY11 8 - Confidential
Slide 9: Highlights of Operations for FY'11
Highlights of Operations for FY’11 Margins 50% 41.0% 41.4% 40% 30% 20.4% 20.2% 20% 10.8% 9.8% 10% 0% FY10 FY11 Gross Margins EBIDTA Margins Net Margin * * Profit After Taxation & Before Exceptional items 9 - Confidential
Slide 10: Highlights of Operations for FY'11
` Crores Highlights of Operations for FY’11 Pending Order Book 1,900 1,800 1772 1730 1732 1679 1,700 1654 1570 1591 1,600 1,500 1450 1445 1,400 1,300 FY09 Q1 FY10 H1 FY10 9M FY10 FY10 Q1 FY11 H1 FY11 9M FY11 FY 11 For long term service contracts estimated revenue for the next 12 months is added in t
Slide 11: Revenue by Segments – FY'11 & FY'10
Revenue by Segments – FY’11 & FY’10 Segment Revenue FY11 Segment Revenue FY10 Transaction Transaction Services, 32% Services, 37% IT Solutions, IT Solutions, 63% 68% IT Solutions Transaction Services IT Solutions Transaction Services 11 - Confidential
Slide 12: Revenue by Geography – FY'11 & FY'10
Revenue by Geography – FY’11 & FY’10 Geowise Revenue FY11 Geowise Revenue FY10 Emerging Emerging Markets, 39% Markets, 43% Developed Markets, 57% Developed Markets, 61% Emerging Markets Developed Markets Emerging Markets Developed Markets 12 - Confidential
Slide 13: Highlights of Operations for Q4 FY'11 - YoY
` Crores Highlights of Operations for Q4 FY’11 - YoY Revenue 1,000 3.3% 632.60 653.46 23.1% 800 600 477.49 28.1% 387.96 400 244.64 175.97 200 - Total Revenue IT Solutions Transaction Services Q4 FY10 Q4 FY11 13 - Confidential
Slide 14: Highlights of Operations for Q4 FY'11 - YoY
Highlights of Operations for Q4 FY’11 - YoY Profit for Q4’11 is not comparable vis-à-vis the profit for Q4’10 owing to the write off taken in Q4’10 for the discontinued operations 14 - Confidential
Slide 15: Highlights of Operations for Q4 FY'11 - YoY
Highlights of Operations for Q4 FY’11 - YoY Margins 50% 41.3% 41.3% 40% 30% 20.3% 19.6% 20% 13.3% ** 9.7% 10% 0% Q4'10 Q4'11 Gross Margins EBIDTA Margins Net Margin * * Profit After Taxation & Before Exceptional items and impact of discontinuing operations ** Not indicative of normal business trend
Slide 16: Highlights of Operations for Q4 FY'11 - QoQ
` Crores Highlights of Operations for Q4 FY’11 - QoQ Revenue 1,000 1.3% 800 645.31 653.46 3.4% 600 461.83 477.49 4.1% 400 183.48 175.97 200 - Total Revenue IT Solutions Transaction Services Q3 FY11 Q4 FY11 16 - Confidential
Slide 17: Highlights of Operations for Q4 FY'11 - QoQ
` Crores Highlights of Operations for Q4 FY’11 - QoQ 180 2.1% 150 130.63 127.85 120 3.8% 1.5% 90 2.7% 5.9% 64.24 61.80 64.36 63.41 60 42.33 41.20 25.19 23.72 30 - EBIDTA Interest Depreciation PBT PAT Q3 FY11 Q4 FY11 17 - Confidential
Slide 18: Highlights of Operations for Q4 FY'11 - QoQ
Highlights of Operations for Q4 FY’11 - QoQ Margins 50% 41.6% 41.3% 40% 30% 20.2% 19.6% 20% 10.0% 9.7% 10% 0% Q3'11 Q4'11 Gross Margins EBIDTA Margins Net Margin * * Profit After Taxation & Before Exceptional items 18 - Confidential
Slide 19: Revenue by Segments – YoY and QoQ
Revenue by Segments – YoY and QoQ Segment Revenue Q4'11 Segment Revenue Q4'10 Transaction Transaction Services, 27% Services, 39% IT Solutions, 61% IT Solutions, 73% IT Solutions Transaction Services IT Solutions Transaction Services Segment Revenue Q3'11 Transaction Services, 28% IT Solutions, 72%
Slide 20: Revenue by Geography – YoY and QoQ
Revenue by Geography – YoY and QoQ Geowise Revenue Q4'11 Geowise Revenue Q4'10 Emerging Emerging Markets, 37% Markets, 45% Developed Markets, 55% Developed Markets, 63% Emerging Markets Developed Markets Emerging Markets Developed Markets Geowise Revenue Q3'11 Emerging Markets, 44% Developed Markets
Slide 21: Client Data
Client Data Top Customers 20% 17% 17% 15% 14% 15% 12% 10% 11% 9% 10% 8% 6% 5% 6% 5% 0% Q4'11 FY11 Q4'10 FY10 ICICI Group (Top Customer) Top 5 Customers * Top 10 Customers * * Excluding ICICI Group 21 - Confidential
Slide 22: Wins during the quarter
Wins during the quarter 22 - Confidential
Slide 23: Major Wins
Major Wins Insurance: A leading insurance provider in Thailand has ordered for Premia Core An insurance firm of Bhutan has signed a deal for our Premia product The MEARC region has won an order from a newly started insurance company in Nigeria for Premia One of the largest insurance compan
Slide 24: Major Wins
Major Wins Banking: In India we have signed a contract with a renowned financial services provider for Kastle Treasury A leading NBFC in South Africa has ordered for Kastle suite of products in the MEARC region Transaction Services: A leading financial services provider in the North Americ
Slide 25: Major Wins
Major Wins IT Services: We have bagged a deal in India for infrastructure management of an online commodity exchange provider A renowned computer software company has signed a deal in India for IT support services A government department in India has entered into a contract for tax informati
Slide 26: Major Wins
Major Wins E-Commerce: One of the largest retail organization in the US entered into an agreement with the North America geography for e-commerce services A renowned telecom company has signed a deal with the North America geography for e-commerce services 26 - Confidential
Slide 27: Thank you
€) infotech’ + Integrity Thank you