R Systems International Limited · NSE:RSYSTEMS
R Systems International — Q4 2019 Earnings Presentation
16 slides from R Systems International's earnings presentation, Feb 27, 2020
Slide 1: Submission of presentation made to investors/analysts
R SYSTEMS INTERNATIONAL LIMITED Corporate Identity Number : L74899DL1993PLC053579 [CMMI Level 5, PCMM Level 5, ISO 9001:2015 & ISO 27001:2013 Company] C-40, Sector-59, NOIDA, Distt. Gautam Budh Nagar, U.P., India – 201 307 Phones: +91-120-4303500 Email : rsil @rsystems.com Regd. Off.: GF-1-A, 6, Dev
Slide 2: Analytical Review – Q4 & Year 2019 Results
Analytical Review – Q4 & Year 2019 Results 9001:2015 5 27001:2013
Slide 3: Disclaimer
// Disclaimer “Investors are cautioned that this presentation contains forward looking statements that involve risks and uncertainties. The Company undertakes no obligation publicly to update or revise any forward-looking statements, whether because of new information, future events, or otherwise. A
Slide 4: Key Highlights Q4 2019
// Key Highlights Q4 2019 Revenue EBITDA ₹ 212.87 Cr. (US$ 30.01 mn) ₹ 21.76 Cr. (US$ 3.08 mn) Q4 2019 Q4 2018 Q3 2019 QoQ Increase YoY Increase 10.22 9.48 7.79 7.84% 10.61% (6.86% in US$) (11.82% in US$) EBIDTA REVENUE % Key Wins Share Holder Cash and Bank Net Profit after Taxes Funds Balances ₹ 23
Slide 5: Key Highlights Year 2019
// Key Highlights Year 2019 Revenue EBITDA ₹ 809.38 Cr. (US$ 115.18 mn) ₹ 73.07 Cr. (US$ 10.40 mn) Year 2019 Year 2018 YoY Increase 9.03 8.25 15.64% (12.40% in US$) EBIDTA REVENUE % Net Profit after Taxes Key Wins ₹ 58.12 Cr. (US$ 8.27 mn) Earnings Per Share ₹ 4.82 www.rsystems.com 4
Slide 6: Key Highlights (Continues…)
// Key Highlights (Continues…) Reported Record Revenue of ₹ 809 crores for Year 2019 Digital contributed over 40% of revenues Serving 26 million dollar plus customers on run rate basis including 7 accounts contributing dollar three million plus revenues Added 200 plus technical counts in IT during 2
Slide 7: Financial Performance – Contribution Analysis – Q4 2019
// Financial Performance – Contribution Analysis – Q4 2019 (Figures in mn) Particulars Q4 2019 Q4 2018 Q3 2019 INR US$ INR US$ INR US$ Revenues 2,128.71 30.01 1,924.53 26.84 1,973.95 28.09 Cost of revenues 1,361.51 19.18 1,269.06 17.68 1,305.25 18.58 Gross margin 767.20 10.83 655.47 9.16 668.70 9.51
Slide 8: Revenue & Gross Margins Analysis – Q4 2019
// Revenue & Gross Margins Analysis – Q4 2019 REVENUES GROSS MARGIN 7.84 % 2.16 % Increase in Revenue Increase in Gross Margin Resulted from: Resulted from: Utilization Volume Impact 2.18% 6.60% Rupee Depreciation 0.25% Rupee Depreciation Other Costs 1.24% (0.27)% www.rsystems.com 7
Slide 9: Financial Performance – Contribution Analysis – Year 2019
// Financial Performance – Contribution Analysis – Year 2019 (Figures in mn) Particulars Year 2019 Year 2018 INR US$ INR US$ Revenue 8,093.75 115.18 6,998.89 102.47 Cost of revenue 5,289.33 75.27 4,702.17 68.84 Gross margin 2,804.42 39.91 2,296.72 33.63 34.65% 32.82% SG & A Expenses 2,073.74 29.51 1
Slide 10: Revenue & Gross Margins Analysis – Year 2019
// Revenue & Gross Margins Analysis – Year 2019 REVENUES GROSS MARGIN 15.64 % 1.83 % Increase in Revenue Increase in Gross Margin Resulted from: Resulted from: Volume Impact Utilization 2.50% 13.58% Rupee Depreciation Rupee Depreciation 0.74% 2.06% Salary Increment (1.41)% www.rsystems.com 9
Slide 11: Big Picture – Revenue & EBITDA %age
// Big Picture – Revenue & EBITDA %age 240.00 12.00 11.03 212.87 196.30 202.81 197.39 200.00 186.39 192.45 10.00 9.03 10.22 168.84 9.48 7.12 8.98 160.00 152.20 8.00 ₹ in Crores 7.79 % 120.00 6.00 4.53 80.00 4.00 40.00 2.00 Q1-18 Q2-18 Q3-18 Q4-18 Q1-19 Q2-19 Q3-19 Q4-19 Revenue 152.20 168.84 186.39
Slide 12: Consolidated Key Balance Sheet Data
// Consolidated Key Balance Sheet Data ₹ in Crores except “DSO” Particulars As at Dec 31, 2019 As at Dec 31, 2018 Share Holders’ Funds 338.23 322.90 Receivables 132.40 136.55 Receivables in days “DSO” for the year 61 67 Cash & Bank balance # 199.92 199.55 # excluding interim dividend liability and u
Slide 13: Billable Head Counts and Utilization
// Billable Head Counts and Utilization 90.0% 2,463 2,469 2,500 2,352 2,379 2,380 81.1% 2,347 78.8% 78.8% 78.5% 76.9% 76.6% 78.2% 77.0% 2,233 2,147 610 75.0% 643 437 472 659 646 2,000 653 611 60.0% 1,500 45.0% 1,000 1,943 1,820 1,859 1,875 1,733 30.0% 1,693 1,536 1,580 500 15.0% - 0.0% Q1-18 Q2-18 Q
Slide 14: Revenue Breakdown
// Revenue Breakdown By Geography Client Concentration 40.0% 1.6% 1.2% 1.3% 100% 1.7% 1.6% 1.5% 35.0% 35.3% 17.0% 90% 20.2% 18.9% 34.0% 31.8% 30.0% 80% 15.0% 17.9% 25.0% 23.5% 70% 19.4% 22.2% 20.4% 60% 20.0% 50% 15.5% 16.1% 15.0% 14.7% 40% 65.2% 60.4% 10.0% 30% 57.0% 6.2% 6.0% 5.9% 20% 5.0% 10% 0.0%
Slide 15: Summing Up and Looking Ahead
// Summing Up and Looking Ahead Robust performance in 2019 with double digit revenue growth and margin improvement Good traction towards our product engineering and digital practices resulted into revenue growth along with bigger deal size Promising start for Year 2020 with encouraging sales pipelin
Slide 16: Thank You for your Support
// Contact Information Nand Sardana Chief Financial Officer Tel # 0120 – 4303506 Email: nand.sardana@rsystems.com Kumar Gaurav Bhasker Dubey AVP Finance & Accounts Company Secretary & Tel # 0120 - 4082650 Compliance Officer Email: kumar.gaurav@rsystems.com Tel # 0120 - 4082633 Thank You Email: bhask
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