Slide 1: Exchange filing cover letter for analyst presentation
October 24, 2019 The Manager BSE Limited Corporate Relationship Department, 4° Floor, New Trading Ring, Rotunda Building Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai 400 001 NIIT NIIT Limited 85, Sector 32 Institunonal Gurgaon 122 001, India Tel:+9) (124) 4293000 Fax +91 (124) 4293933 Email: info
Slide 2: Financial Results Q2 FY20
THE NEXT WOW Financial Results Q2 FY20 October 24, 2019 CONFIDENTIAL | NIIT LIMITED | FOR INTERNAL CIRCULATION ONLY | FY 2019-20
Slide 3: Environment
Environment RBI expects India’s GDP growth to be 6.1% versus previous IMF cut Global GDP growth Geo-political tensions, Trade expectation of 6.9%, driven by forecast by 0.3% to 3%. This is the uncertainty and forex volatility continuing sluggishness in private weakest growth rate since the continue
Slide 4: Q2 FY20: In Perspective
Q2 FY20: In Perspective Overall NIIT • Revenue at INR 2,365 Mn; up 5% YoY; Go forward business revenue grows @ 6% YoY • EBITDA at INR 254 Mn (OM of 11%); up 6% YoY; OM% up 10 bps YoY • PAT at INR 2,093 Mn; EPS at INR 12.5 per share • Operational ROCE at 15.3% Corporate Learning Group (CLG) • Revenue
Slide 5: Key Financials
Key Financials INR Mn Q2 FY20 Q2 FY19 YoY Q1 FY20 QoQ Net Revenue 2,365 2,260 5% 2,080 14% Operating expenses 2,112 2,020 5% 1,859 14% EBITDA 254 240 6% 221 15% EBITDA% 11% 11% 10 bps 11% 9 bps Depreciation 137 84 64% 127 8% Net Other Income 345 -52 Rs 397 mn 13,135 Operational PBT 462 104 Rs 357 mn
Slide 6: Revenue Mix
Revenue Mix Q2 FY20 Q2 FY19 Schools, Schools Skills & 2% Business Growth 2% Skills & Careers, Corporate 8% Careers 25% Corporate, Skills & Careers -2% 26% 74% Schools -18% Corporate NIIT 5% 72% Q2 FY20 Q2 FY19 Geo Growth Rest of India Rest of World India 3% 21% World India 5% USA / Europe 8% 21% 7%
Slide 7: Corporate Learning Group
Corporate Learning Group INR Mn Q2 FY20 Q2 FY19 YoY Q1 FY20 QoQ Net Revenues 1,740 1,616 8% 1,524 14% EBITDA 271 238 14% 223 21% EBITDA % 16% 15% 86 bps 15% 92 bps • Revenue at INR 1,740 Mn up 8% YoY (constant currency growth at 8% YoY). 14% QoQ • Added 2 MTS customers; 2 contract expansions. MTS cu
Slide 8: Skills & Careers Group
Skills & Careers Group INR Mn Q2 FY20 Q2 FY19 YoY Q1 FY20 QoQ Net Revenues 583 593 -2% 494 18% EBITDA 34 31 9% 26 30% EBITDA % 6% 5% 57 bps 5% 53 bps • Revenue at INR 583 MN down 2% YoY • Go forward SNC business revenue grows @ 4% YoY • SNC India business grew driven by growth in Stackroute & TPaaS
Slide 9: People
People 2,611 2,579 2,565 2,521 2,540 Q2 FY19 Q3 FY19 Q4 FY19 Q1 FY20 Q2 FY20 Headcount up 19 QoQ and down 71 YoY * excludes project retainers 8 CONFIDENTIAL | NIIT LIMITED | FOR INTERNAL CIRCULATION ONLY | FY 2019-20
Slide 10: Share Holding Pattern
Share Holding Pattern 40.8% 40.6% 41.7% 37.4% 35.9% 11.6% 11.3% 13.8% 17.1% 17.9% 16.0% 16.4% 13.0% 14.0% 14.7% 31.6% 31.6% 31.6% 31.5% 31.5% Q2 FY19 Q3 FY19 Q4 FY19 Q1 FY20 Q2 FY20 Promoters FPIs Banks, FI & MF Individuals and Corporates 9 CONFIDENTIAL | NIIT LIMITED | FOR INTERNAL CIRCULATION ONLY
Slide 11: Thank you
Thank you THE NEXT WOW CONFIDENTIAL | NIIT LIMITED | FOR INTERNAL CIRCULATION ONLY | FY 2019-20