3i Infotech Limited · NSE:3IINFOLTD
3i Infotech — Q4 FY2022-23 Earnings Presentation
29 slides from 3i Infotech's earnings presentation, May 8, 2023
Slide 1: Cover letter to stock exchanges
May 8, 2023 BSE Limited National Stock Exchange of India Limited Sir Phiroze Jeejeebhoy Towers Exchange Plaza, 5th Floor, Dalal Street, Fort, Plot No. C-1, Block G Mumbai – 400 001 Bandra Kurla Complex, Security Code: 532628 Mumbai – 400 051 Scrip code: 3IINFOLTD Dear Sir/ Madam, Sub: Presentation o
Slide 2: Q4 & FY 2022-23 Investor Presentation
Q4 & FY 2022-23 Investor Presentation May 8, 2023
Slide 3: Safe Harbor
Safe Harbor This presentation has been prepared by 3i Infotech (“Company") solely for information purposes without any regard to any specific objectives, financial situations or informational needs of any particular person. This presentation may not be copied, distributed or disseminated, directly o
Slide 4: Company Overview
g COMPANY OVERVIEW
Slide 5: About Us
ABOUT US We deliver a seamless end-to-end 6000+ Employees across 8 digital experience Countries 400+ Clients across 4 80+ Fortune 500 Companies Continents Key Sectors BANKING & HEALTH CARE MANUFACTURING & ENTERPRISE 9 Delivery FINANCIAL & INSURANCE SERVICES Centers GLOBAL MANAGED SERVICES DELIVERED
Slide 6: Our Journey
OUR JOURNEY Incorporated in 1993 as Entered IT services business ICICI divested majority of 3i Went Public. Subscribed a wholly owned • Software development & Infotech Equity Shares, by 6x by retail & 5.16x by subsidiary of ICICI services virtue of which we ceased Institutional investors. Limited. •
Slide 7: Our Services, Platforms & Solutions
OUR SERVICES, PLATFORMS & SOLUTIONS IT Services APPLICATION, TESTING & IOT, 5G NEXTGEN INFRA SERVICES SERVICES DATA & ANALYTICS, DIGITAL TRANSFORMATION DIGITAL COMMAND & CONSULTING CENTER CLOUD, EDGE BUSINESS PROCESS SERVICES, COMPUTING, SASE OPERATIONS TRANSFORMATION BPAAS, KPAAS, GRC BLOCKCHAIN Pl
Slide 8: Aim - Becoming a Billion Dollar Company
AIM 30 - BECOMING A BILLION DOLLAR COMPANY NEXTGEN TECHNOLOGY SERVICES FIRM OUR GOAL VISION MISSION GOAL “ “ “ To be a value driven billion $ To be a trusted global one-stop, organization committed towards Organic revenue growth digital transformation partner customers, people and stakeholders 1 tha
Slide 9: Becoming a Billion Dollar Company
BECOMING A BILLION DOLLAR COMPANY 5 Setting New Standards 4 Dominate & Lead 3 ▪ Cannibalize revenues by automation to defend ▪ Eliminate competition by aggressive right pricing Accelerate & Break Away ▪ Enhance onshore / country specific service model ▪ Deliver convergence of services / product/ sol
Slide 10: Management Team
MANAGEMENT TEAM THOMPSON GNANAM MD, Global CEO Rangapriya Kalyan K Sanjay Rawa TS Mohan Varika Rastogi Harish Shenoy Sax Krishnan Sushant Purushan Nilesh Gupta Ranjit B Goutham Chief Chief Chief Chief Sales Chief Chief Chief Chief Human Head-Legal Chief Cloud Operating Operating Operating Officer Ma
Slide 11: Financial Performance
g FINANCIAL PERFORMANCE
Slide 12: Management Comment
MANAGEMENT COMMENT “Commenting on the Q4 FY23 results, Mr. Thompson P. Gnanam, Managing Director, and Global CEO, of 3i Infotech Limited, said: “We are delighted to report strong in-line financial results for Q4 FY23; our growth has been driven by a combination of strategic investments in a new serv
Slide 13: Revenue Highlights
REVENUE HIGHLIGHTS YoY REVENUE Q4 & FY23 REVENUES (INR Cr) REVENUES (INR Cr) GROWTH % 729.1 677.0 +7.7% 608.0 FY22 FY23 FY23 BY LOB (INR Cr) FY23 BY REGION (INR Cr) FY23 BY INDUSTRY (INR Cr) GOVERNMENT, 59.9 IMS, INDIA, 267.3 BFS, 236.7 BPS, 95.0 98.2 MEA, 37.2 INSURANCE, CloudFirst, 14.7 KSA, 32.2
Slide 14: Q4 & FY23 - Highlights
Q4 & FY23 - HIGHLIGHTS SUMMARY INR Cr Q3 FY23 Q4 FY23 FY22 FY23 Revenue 182.3 190.5 676.9 729.1 ➢ FY23 revenues of Rs.729.1 Cr increased Direct cost 149.7 153.5 550.3 605.9 by YoY 7.7% with Gross Margin of 12.5% and PBT of Rs. 9.4 Cr Indirect cost 9.4 6.5 31.2 32.1 GM 23.2 30.4 95.4 91.1 ➢ India sta
Slide 15: Geography
GEOGRAPHY INR Crs Q3 FY23 Q4 FY23 SUMMARY Direct Direct Region Revenue GM% Revenue GM% ➢ Because of economic slowdown and other Cost Cost risks, USA has experienced erosion in US 91.6 78.0 14.9% 90.7 75.3 17.0% Professional Services revenues INDIA 67.3 61.8 8.2% 75.9 63.0 17.0% ➢ India Region has sh
Slide 16: Line of Business
LINE OF BUSINESS SUMMARY INR CR FY22 FY23 ➢ FY23 Application-Automation- LOB Revenue Direct Cost GM% Revenue Direct Cost GM% Analytics (AAA) is one of the highest revenue contributor with Rs.520.8 Cr followed by IMS AAA 511.9 436.8 14.7% 520.8 447.9 14.0% revenues of Rs.98.2 Cr ➢ IMS has grown by Yo
Slide 17: Revenue by Client Category & Industry
REVENUE BY CLIENT CATEGORY & INDUSTRY Q1 FY23 Q2 FY23 Q3 FY23 FY23 SUMMARY Revenue Category % Client % Client % Client % Client Revenue Count Revenue Count Revenue Count Revenue Count ➢ FY23, 17 accounts above “1 MN” revenue category contributed Rs.260 1 MN + 35% 19 34% 16 37% 17 36% 17 Cr with 36%
Slide 18: Top Clients
TOP CLIENTS Revenue (INR Cr) % Contribution to total revenue TOP CLIENT Category Q3 FY23 Q4 FY23 FY23 Q3 FY23 Q4 FY23 FY23 Top 5 31.7 29.7 114.1 17% 16% 16% Top 10* 51.4 51.2 190.4 28% 27% 26% Top 20** 74.3 78.7 281.3 41% 41% 39% Clients Analysis ✓Our Top 20 clients in FY23 contributed Rs.281.3 Cr w
Slide 19: P&L Statement (As Reported)
P&L STATEMENT (AS REPORTED) (Rupees in Lakhs) Quarter Ended Year Ended Particulars 3/31/2023 12/31/2022 3/31/2022 3/31/2023 3/31/2022 (Audited) (Unaudited) (Audited) (Audited) (Audited) I Revenue from Operations 19,046 18,230 17,563 72,911 67,701 II Other Income 357 316 7 880 1,377 III Total Income
Slide 20: Balance Sheet (As Reported) (1/2)
BALANCE SHEET (AS REPORTED) (1/2) (Rupees in Lakhs) As at As at Particulars 3/31/2023 3/31/2022 ASSETS A Non-current assets a Property, plant and equipment 12,059 5,340 b Right-to-use assets 5,415 5,907 c Goodwill arising on consolidation 30,406 30,406 d Other Intangible assets - - e Intangible Asse
Slide 21: Balance Sheet (As Reported) (2/2)
BALANCE SHEET (AS REPORTED) (2/2) (Rupees in Lakhs) As at As at Particulars 3/31/2023 3/31/2022 EQUITY AND LIABILITIES A Equity a Equity Share capital 16,847 16,794 b Other equity* 47,435 53,569 Equity attributable to shareholders of the Company 64,282 70,363 Non-controlling interests - - Total equi
Slide 22: Business Strategy & Plan
wa -o 3i Infotech” Business Strategy & Plan
Slide 23: FY24 Organization Priorities
FY24 Organization Priorities Execution 01 Excellence Delivering QoQ profitable operating margins and ensuring predicable business model for our shareholders Rebrand & 02 Reposition Build our value business brand “NuRe” in both services and products along with our 3i brand 03 People Centricity – Our
Slide 24: FY24 Business Priorities
FY24 Business Priorities Business Priorities ➢ Defend and protect US Professional Services ➢ Monetize NuRe 3i+ investments in Malaysia to (Indirect HCM Business) accelerate our ASEAN business ➢ Country specific business plan need to be executed ➢ Launch Mid-Market TME vertical services in US, UK & E
Slide 25: Organization – Business Structure By Offerings
Organization – Business Structure By Offerings Services Product/Platforms Professional Volume Value Business Unit Product/Platform Services Digital Enterprise Maestra NuRe NxtGen PS Business NuRe MediaTech Services Consulting Services Services ➢ AAA, ➢ Edge ➢ Digital ➢ Cognitive ➢ Digital IMS, Compu
Slide 26: Organization Design
Organization Design Clients USA UK UAE KSA INDIA THAILAND MALAYSIA SINGAPORE GROW ORGANIZATION – GEO & INDUSTRY ALIGNED-Driving Net new revenue growth BFS INSURANCE TME GOVT./ PSU ENERGY & UTIL. HEALTHCARE AGRITECH MAFG. Prof. Services Human Capital Management (HCM) VOLUME Enterprise Services ADMS,
Slide 27: FY24 Key Project: RailTel Opportunity
FY24 Key Project: RailTel Opportunity Indian Rail Framework India Facts: Captive Wi-Fi Opportunity ➢ 4th largest network in the world ➢ Captive Wi-Fi passengers across 6109 Railway Stations ➢ Largest in Asia ➢ 54 Mn Monthly active Wi-Fi users ➢ Covers 68,103 Kms ➢ 85 Mn sessions monthly ➢ 7325 Railw
Slide 28: Thank You
Corporate Headquarter: 3i Infotech Inc., 450 Raritan Center Parkway, Suite B Edison, NJ, USA, Tel:+1 732 710 4444 / 08837-3944 Registered Office: 3i Infotech Ltd. Tower # 5, 3rd to 6th Floors, International Infotech Park, Thank You Vashi, Navi Mumbai - 400703 marketing@3i-infotech.com www.3i-infotec
Slide 29: Glossary
Glossary IBR : India Business Region PS : Professional Services ES : Enterprise Services VBU : Value Business Unit AAA : Application Automation Analytics AI : Artificial Intelligence SASE : Secure Access Service EDGE IMS : Infrastructure Management Services IoT : Internet of Things HCM : Human Capit