Persistent Systems Limited · NSE:PERSISTENT

Persistent Systems — Q3 FY2016 Earnings Presentation

17 slides from Persistent Systems's earnings presentation, Jan 23, 2016

  1. Slide 1: Persistent Systems Limited

    www.persistent.com Persistent Systems Limited Quarter ending December 31, 2015 January 23, 2016 © 2016 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 statemen

  3. Slide 3: Key Highlights

    www.persistent.com Key Highlights © 2016 Persistent Systems Ltd

  4. Slide 4: Key Highlights – Q3 FY16 Performance

    Key Highlights – Q3 FY 16 Performance • Revenue was USD 89.65 Million with growth of 8.1% QoQ and 12.7% YoY • Revenue in INR terms was INR 5,921 Million with growth of 9.1% QoQ and 19.7% YoY • EBITDA was INR 1,110 Million with growth of 9.1% QoQ and 11.6% YoY • Profit before Tax (PBT) was INR 1,024

  5. Slide 5: Key Highlights

    Key Highlights  For the third year in a row, recognized as a leader in the Enterprise Software Product segment of the annual Global Service Provider Ratings by Zinnov Management Consulting  Acquired digital content management solutions business of Akumina, maker of InterChange, an innovative softw

  6. Slide 6: Sequential Q3 FY16 vs. Q2 FY16

    Sequential Q3 FY16 vs. Q2 FY16 Change Exps / Sales % Particulars Q3FY16 Q2FY16 QoQ Q3FY16 Q2FY16 Revenue ($ M) Services 71.62 69.52 3.0% IP Led 18.03 13.44 34.2% Revenue ($ M) 89.65 82.96 8.1% Avg. Exchange Rate Rs. /US$ 66.04 65.42 1.0% Revenue (Rs. M) 5,920.74 5,427.31 9.1% Cost of Revenue Rs. M R

  7. Slide 7: YoY comparison Q3 FY16 vs. Q3 FY15

    YoY comparison Q3 FY16 vs. Q3 FY15 Change Exps / Sales % Particulars Q3FY16 Q3FY15 YoY Q3FY16 Q3FY15 Revenue ($ M) Services 71.62 64.42 11.2% IP Led 18.03 15.10 19.4% Revenue ($ M) 89.65 79.52 12.7% Avg. Exchange Rate Rs. /US$ 66.04 62.20 6.2% Revenue (Rs. M) 5,920.74 4,946.38 19.7% Cost of Revenue

  8. Slide 8: YoY comparison YTD Dec '15 vs. YTD Dec '14

    YoY comparison YTD Dec ‘15 vs. YTD Dec ‘14 Exps / Sales % Particulars YTD Dec 2015 YTD Dec 2014 Change YTD Dec 2015 YTD Dec 2014 Revenue ($ M) Services 205.26 183.97 11.6% IP Led 45.95 44.53 3.2% Revenue ($ M) 251.21 228.50 9.9% Avg. Exchange Rate Rs. /US$ 65.09 61.00 6.7% Revenue (Rs. M) 16,352.21

  9. Slide 9: Consolidated Balance Sheet

    Consolidated Balance Sheet Particulars As on December 31, 2015 As on March 31, 2015 As on December 31, 2014 Equity and Liabilities Equity Share Capital 800.00 800.00 400.00 Reserves and Surplus 14,971.31 13,255.29 13,317.63 Non-current liabilities 142.93 142.17 157.10 Current liabilities 3,737.55 3,

  10. Slide 10: Key Financials Ratios: Q3 FY16

    Key Financials Ratios: Q3 FY16 Change Change Ratios % Q3 FY16 Q2 FY16 Q3 FY15 QoQ YoY Gross Margin 38.8% 38.9% -0.1% 40.2% -1.4% S&M to Revenue 9.7% 9.9% -0.2% 9.4% 0.3% G&A to Revenue 10.4% 10.3% 0.1% 10.6% -0.2% Total SG&A to Revenue 20.1% 20.2% -0.1% 20.0% 0.1% EBIDTA Margin 18.8% 18.7% 0.1% 20.1

  11. Slide 11: Fact sheet

    www.persistent.com Fact sheet © 2016 Persistent Systems Ltd

  12. Slide 12: Business Offerings: Segments

    Fact Sheet Nos. / % Q3FY 16 Q2FY 16 Q1FY 16 Q4FY 15 Q3FY 15 FY 15 FY 14 Revenue USD M 89.65 82.96 78.61 80.03 79.52 308.54 274.06 Revenue %, q-o-q / y-o-y growth 8.1% 5.5% -1.8% 0.6% 4.2% 12.6% 15.2% Revenue INR M 5,920.74 5,427.31 5,004.16 4,974.53 4,946.38 18,912.52 16,691.53 %, q-o-q / y-o-y 9.1%

  13. Slide 13: Classification 2

    Fact Sheet % Q3FY 16 Q2FY 16 Q1FY 16 Q4FY 15 Q3FY 15 FY 15 FY 14 Revenue Mix Geography: North America 85.3% 86.2% 84.4% 85.4% 84.7% 85.5% 85.1% Europe 6.3% 6.8% 6.3% 6.8% 7.1% 6.7% 5.4% ROW 8.4% 7.0% 9.3% 7.8% 8.2% 7.8% 9.5% Total 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% Nos. Q3FY 16 Q2FY 16

  14. Slide 14: Concentration

    Fact Sheet Business Repeat % Q3FY 16 Q2FY 16 Q1FY 16 Q4FY 15 Q3FY 15 FY 15 FY 14 82.0% 86.2% 88.7% 85.6% 84.1% 85.0% 83.3% Clients billed3 Nos. Q3FY 16 Q2FY 16 Q1FY 16 Q4FY 15 Q3FY 15 FY 15 FY 14 Services 337 311 277 268 273 383 365 IP Led 291 299 310 326 349 498 550 3 includes one time clients with

  15. Slide 15: People Numbers

    Fact Sheet USD / PPM Q3FY 16 Q2FY 16 Q1FY 16 Q4FY 15 Q3FY 15 FY 15 FY 14 Yield4 4,428 4,346 4,134 4,272 4,264 4,144 3,847 4 Yield is computed as a ratio of revenue to billable person months excluding employees under training. Billing Rates5 USD / PPM Q3FY 16 Q2FY 16 Q1FY 16 Q4FY 15 Q3FY 15 FY 15 FY

  16. Slide 16: Efforts Mix - Linear

    Fact Sheet Nos. Q3FY 16 Q2FY 16 Q1FY 16 Q4FY 15 Q3FY 15 FY 15 FY 14 DSO Days 69 68 67 64 65 64 63 Nos. Q3FY 16 Q2FY 16 Q1FY 16 Q4FY 15 Q3FY 15 FY 15 FY 14 Billable Person Months 16,718 16,066 16,138 16,063 16,031 64,248 62,091 Efforts Mix - Linear - Onsite 2,097 1,854 1,623 1,551 1,518 5,754 4,585 -

  17. Slide 17: Thank You

    www.persistent.com Thank You © 2016 Persistent Systems Ltd

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