Slide 1: Exchange filing cover letter
NIIT NUT Limited 85. Sector 32 Institutional Gurgaon 122 001, India Tel: +91 (124) 4293000 Fax:+ 91 (124) 4293333 Email: info@niit.com Registered Office: 8, Balaji Estate, First Floor Guru Ravi Das Marg, Kallcaji New Delhi 110 019, India CIN: L74899DLJ981PLCOl5865 www.niit.com January 24, 2019 The M
Slide 2: NIIT Limited Results Update Q3 FY19
NIIT Limited Results Update Q3 FY19 January 24, 2019
Slide 3: Environment
Environment • “Storm Clouds Are Brewing for the Global Economy. Global economic growth is projected to soften from a downwardly revised 3 percent in 2018 to 2.9 percent in 2019. Downside risks have become more acute. Financial market pressures and trade tensions could escalate”– World Bank • Spendin
Slide 4: NIIT Q3 - Highlights
NIIT Q3 - Highlights Corporate: CLG (71%) SNC (28%) SLG (1%) 42 global MTS customers Revenue visibility at $ 255 million SCHOOLS nGuru Skills & Careers: 2000+ enrolments for New Career programs Improved INR 26 Mn StackRoute delivery for 11 IT LIQUIDITY Net Debt: INR 573 Mn services majors Qo
Slide 5: Q3 FY19: In Perspective
Q3 FY19: In Perspective Overall NIIT • Revenue at INR 2,278 Mn; up 9% YoY; Revenue from Go forward Business up 10% YoY • EBITDA at INR 200 Mn (OM of 9%) • PAT at INR 194 Mn • Net debt at INR 573 Mn Vs INR 599 Mn in Q2 FY19; DSO of 77 days Vs 83 days in Q3 FY18 • Operational ROCE at 14.8% up 375 bps
Slide 6: Key Financials
Key Financials INR Mn Q3 FY19 Q3 FY18 YoY Q2 FY19 QoQ System wide Revenue 2,923 3,405 -14% 2,848 3% Net Revenue 2,278 2,094 9% 2,285 0% Operating expenses 2,078 1,910 9% 2,066 1% EBITDA 200 184 8% 219 -9% EBITDA% 9% 9% -2 bps 10% -81 bps Depreciation 95 102 -7% 84 13% Net Other Income -82 -6 Rs -76
Slide 7: Revenue Mix
Revenue Mix Q3 FY19 Q3 FY18 Schools Schools 1% Business Growth Skills & Skills & 4% Careers Corporate 25% Careers 28% Skills & Careers -10% 34% Corporate Schools -67% Corporate 71% NIIT 9% 62% Q3 FY19 Q3 FY18 Rest of India Geo Growth Rest of World 22% India -12% World India 7% 27% USA / Europe 25% 1
Slide 8: Corporate Learning Group
Corporate Learning Group INR Mn Q3 FY19 Q3 FY18 YoY Q2 FY19 QoQ Net Revenues 1,614 1,294 25% 1,616 0% EBITDA 234 198 18% 238 -1% EBITDA % 15% 15% -77 bps 15% -19 bps • Revenue at INR 1,614 Mn up 25% YoY. Up 14% in Constant Currency • Focus on Life Sciences industry resulted in signing two multi-year
Slide 9: Skills & Careers Group
Skills & Careers Group INR Mn Q3 FY19 Q3 FY18 YoY Q2 FY19 QoQ Net Revenues 634 708 -10% 617 3% EBITDA 16 7 124% 10 66% EBITDA % 3% 1% 152 bps 2% 96 bps • Product mix change and cost rationalization offset impact of operating leverage and cost inflation • StackRoute continues on strong growth momentu
Slide 10: School Learning Group
School Learning Group INR Mn Q3 FY19 Q3 FY18 YoY Q2 FY19 QoQ Net Revenues 30 92 -67% 51 -41% EBITDA -50 -21 -30 mn -28 -22 mn • Completed execution on all government schools contracts during the quarter. Projects under transition (Handover and collections) • Overall revenue impacted due to planned r
Slide 11: People
People 2,611 2,579 2,475 2,489 2,433 Q3 FY18 Q4 FY18 Q1 FY19 Q2 FY19 Q3 FY19 Headcount down 32 QoQ and up 146 YoY * excludes project retainers 10
Slide 12: Share Holding Pattern
Share Holding Pattern 40% 38% 40% 41% 41% 11% 11% 11% 12% 11% 17% 19% 17% 16% 16% 32% 32% 32% 32% 32% Q3 FY18 Q4 FY18 Q1 FY19 Q2 FY19 Q3 FY19 Promoters FIIs & FPIs FIs and Mutual Funds Individuals and Corporates Percentages may not add to 100% due to rounding 11
Slide 13: Thank you
Nir oioN\xt SIA Thank you AOUTE training, niguru ‘Solutions for Schools evaluate. analyze. simplify. engage.