Persistent Systems Limited · NSE:PERSISTENT

Persistent Systems — Q4 FY2017 Earnings Presentation

16 slides from Persistent Systems's earnings presentation, Apr 25, 2017

  1. Slide 1: Persistent Systems Limited - Quarter ending March 31, 2017

    PERSISTENT SYSTEMS LIMITED Quarter ending March 31, 2017 April 25, 2017

  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 statement

  3. Slide 3: Key Highlights

    Key Highlights

  4. Slide 4: Financial Performance

    Financial Performance Q4 FY17  USD Revenue grew by 8.6% YoY and declined by 0.9% QoQ to US$ 109.03 Million  INR Revenue grew by 7.4% YoY and declined by 2.5% QoQ to ₹ 7,271.08 Million  EBIDTA grew by 10.6% YoY and 0.1% QoQ to ₹ 1,187.50 Million  Profit before Tax (PBT) dipped by 8.9% YoY and 16.

  5. Slide 5: Business highlights during Q4 FY17

    Business highlights during Q4 FY 17  Inaugurated new delivery centers in Raleigh – USA, Guadalajara – Mexico and Rehovot – Israel  Featured in HfS Blueprint Report: Salesforce Services 2017 for our fast growth in Salesforce practice with a focus on healthcare  New partnership with low-code softwa

  6. Slide 6: Sequential Q4 FY17 Vs. Q3 FY17

    Sequential Q4 FY17 Vs. Q3 FY17 Particulars Change Exps / Sales % Q4FY17 Q3FY17 QoQ Q4FY17 Q3FY17 Revenue ($ M) Services 78.98 78.75 0.3% IP Led 30.05 31.28 -3.9% Revenue ($ M) 109.03 110.03 -0.9% Avg. Exchange Rate ₹ /US$ 66.69 67.76 -1.6% Revenue (₹ M) 7,271.08 7,455.35 -2.5% Cost of Revenue ₹M ₹M

  7. Slide 7: YoY Comparison Q4 FY17 Vs. Q4 FY16

    YoY Comparison Q4 FY17 Vs. Q4 FY16 Particulars Q4FY17 Q4 FY16 Change Exps / Sales % (As per Ind AS) (As per IGAAP) QoQ Q4FY17 Q4 FY16 Revenue ($ M) Services 78.98 72.11 9.5% IP Led 30.05 28.32 6.1% Revenue ($ M) 109.03 100.43 8.6% Avg. Exchange Rate ₹ /US$ 66.69 67.42 -1.1% Revenue (₹ M) 7,271.08 6,

  8. Slide 8: Annual Performance Comparison

    Annual Performance Comparison Particulars FY 17 FY 16 Exps / Sales % (As per Ind AS) (As per IGAAP) YoY FY 17 FY 16 Revenue ($ M) Services 308.93 277.37 11.4% IP Led 120.08 74.28 61.7% Revenue ($ M) 429.01 351.65 22.0% Avg. Exchange Rate ₹ /US$ 67.09 65.76 2.0% Revenue (₹ M) 28,784.39 23,123.31 24.5

  9. Slide 9: Consolidated Balance Sheet

    Consolidated Balance Sheet ₹ Million As at March 31, As on March 31, Particulars 2017 2016 Assets PPE and Intangible assets 5,649.24 4,636.50 Non-Current Assets 398.98 864.37 Cash and Investments 9,411.53 8,692.70 Other Current Assets 7,893.23 7,005.03 Total 23,352.98 21,198.60 Equity and Liabilitie

  10. Slide 10: Fact Sheet

    Fact Sheet

  11. Slide 11: Segments: Revenue Mix and Offerings

    Fact Sheet Nos./% Q4FY 17 Q3FY 17 Q2FY 17 Q1FY 17 Q4FY 16 FY 17 FY 16 Revenue USD M 109.03 110.03 105.18 104.76 100.43 429.01 351.65 Revenue %, q-o-q/ y-o-y growth -0.9% 4.6% 0.4% 4.3% 12.0% 22.0% 14.0% Revenue ₹ M 7,271.08 7,455.35 7,040.19 7,017.77 6,771.10 28,784.39 23,123.31 %, q-o-q / y-o-y -2.

  12. Slide 12: Classification: Geography, Industry, Delivery Centers

    Fact Sheet % Q4FY 17 Q3FY 17 Q2FY 17 Q1FY 17 Q4FY 16 FY 17 FY 16 Geography: Revenue North America 86.5% 86.6% 85.4% 87.0% 86.1% 86.4% 85.5% Europe 5.3% 5.3% 6.1% 5.2% 6.7% 5.5% 6.5% Mix India 5.6% 5.5% 5.6% 5.4% 6.2% 5.5% 6.7% ROW 2.6% 2.6% 2.9% 2.4% 1.0% 2.6% 1.3% Total 100.0% 100.0% 100.0% 100.0%

  13. Slide 13: Client Concentration

    Fact Sheet Nos. Q4FY 17 Q3FY 17 Q2FY 17 Q1FY 17 Q4FY 16 FY 17 FY 16 Clients billed Services 313 315 314 340 319 462 451 IP Led 308 339 335 338 353 465 539 Includes one time clients with overlap across business offerings % Q4FY 17 Q3FY 17 Q2FY 17 Q1FY 17 Q4FY 16 FY 17 FY 16 Concentration Top 1 26.5%

  14. Slide 14: Attrition, Revenue per Billed PM, People Numbers

    Fact Sheet USD / PPM Q4FY 17 Q3FY 17 Q2FY 17 Q1FY 17 Q4FY 16 FY 17 FY 16 Yield 4,942 5,020 4,677 4,705 4,849 4,834 4,448 Yield is computed as a ratio of revenue to billable person months excluding employees under training. Revenue per USD / PPM Q4FY 17 Q3FY 17 Q2FY 17 Q1FY 17 Q4FY 16 FY 17 FY 16 bil

  15. Slide 15: Efforts and Utilization Mix

    Fact Sheet Nos. Q4FY 17 Q3FY 17 Q2FY 17 Q1FY 17 Q4FY 16 FY 17 FY 16 Billable Person Months 17,178 17,077 17,474 17,030 16,631 68,761 65,553 Efforts and Utilization Mix – Linear - Global Delivery Centers 2,236 2,109 2,048 2,121 2,108 8,515 7,682 - India 14,942 14,968 15,426 14,909 14,523 60,245 57,87

  16. Slide 16: Thank You

    Thank You

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