Persistent Systems Limited · NSE:PERSISTENT
Persistent Systems — Q2 FY2019 Earnings Presentation
17 slides from Persistent Systems's earnings presentation, Oct 21, 2018
Slide 1: Exchange cover letter for fact sheet
NSE & BSE / 2018-19 / 66 PERS ENT October 21, 2018 The Manager, The Manager, Corporate Services, Corporate Services, National Stock Exchange of India limited BSE limited Exchange Plaza, Bandra Kurla Complex, 14'" Floor, P J Towers, Dalal Street, Bandra (E), Mumbai 400051 Mumbai 400001 Ref: Symbol: P
Slide 2: Persistent Systems Limited Quarter ended September 30, 2018
Persistent Systems Limited Quarter ended September 30, 2018 Analyst Presentation and Fact Sheet October 21, 2018
Slide 3: 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
Slide 4: Key Highlights
Key Highlights
Slide 5: Financial highlights
Financial highlights Quarterly Highlights: USD Revenue at US$ 118.23 Million, decline of 4.3% QoQ and increase of 0.1% YoY INR Revenue at ₹ 8,355.57 Million, growth of 0.2% QoQ and 9.8% YoY EBITDA ₹ 1,436.23 Million @ 17.2% of revenue, growth of 2.6% QoQ and 24.0% YoY PAT ₹ 881.41 Million @
Slide 6: Business Updates
Business Updates Persistent Systems acquired Herald Health™, a Boston based start-up that transforms healthcare data overload into clear and actionable insights for care providers and patients Partners HealthCare launches New Center of Excellence in collaboration with Persistent Systems, Partner
Slide 7: Sequential Q2 FY19 vs Q1 FY19
Sequential Q2 FY19 vs Q1 FY19 Change Exps / Sales % Particulars Q2FY19 Q1FY19 QoQ Q2FY19 Q1FY19 Revenue ($ M) Services 87.95 89.79 -2.0% IP Led 30.28 33.81 -10.4% Revenue ($ M) 118.23 123.60 -4.3% Avg. Exchange Rate ₹ /US$ 70.67 67.50 4.7% Revenue (₹ M) 8,355.57 8,342.81 0.2% Cost of Revenue ₹M ₹M E
Slide 8: YoY Comparison Q2 FY19 vs Q2 FY18
YoY Comparison Q2 FY19 vs Q2 FY18 Change Exps / Sales % Particulars Q2FY19 Q2 FY18 QoQ Q2FY19 Q2 FY18 Revenue ($ M) Services 87.95 87.34 0.7% IP Led 30.28 30.76 -1.6% Revenue ($ M) 118.23 118.10 0.1% Avg. Exchange Rate ₹ /US$ 70.67 64.46 9.6% Revenue (₹ M) 8,355.57 7,612.52 9.8% Cost of Revenue ₹M E
Slide 9: YoY Comparison H1 FY19 vs H1 FY18
YoY Comparison H1 FY19 vs H1 FY18 Exps / Sales % Particulars H1 FY 19 H1 FY 18 Change H1 FY 19 H1 FY 18 Revenue ($ M) Services 177.74 169.55 4.8% IP Led 64.09 61.52 4.2% Revenue ($ M) 241.83 231.07 4.7% Avg. Exchange Rate ₹ /US$ 69.05 64.45 7.1% Revenue (₹ M) 16,698.38 14,892.67 12.1% Cost of Revenu
Slide 10: Consolidated Balance Sheet
Consolidated Balance Sheet ₹M As on As on As on March 31, Particulars September 30, September 30, 2018 2018 2017 Assets PPE and Intangible assets 5,011.28 5,766.80 5,173.88 Non-Current Assets 884.00 531.77 605.90 Cash and Investments 13,640.92 10,256.59 12,264.75 Other Current Assets 9,151.78 8,140.
Slide 11: Fact Sheet
Fact Sheet
Slide 12: Offerings: Segments
Fact Sheet Nos./% Q2FY19 Q1FY19 Q4FY18 Q3FY18 Q2FY18 FY18 FY17 Revenue from Operations, USD M 118.23 123.60 116.95 122.53 118.10 470.55 429.01 Revenue %, q-o-q/ y-o-y growth -4.3% 5.7% -4.6% 3.8% 4.5% 9.7% 22.0% Revenue from Operations, INR M 8,355.57 8,342.81 7,525.46 7,918.90 7,612.52 30,337.03 28
Slide 13: Classification
Fact Sheet % Q2FY19 Q1FY19 Q4FY18 Q3FY18 Q2FY18 FY18 FY17 North America 82.6% 79.7% 80.9% 84.4% 83.4% 83.5% 86.4% Revenue Mix Geography: Europe 7.5% 12.0% 8.2% 7.3% 8.5% 7.5% 5.5% India 7.3% 6.1% 7.9% 5.8% 5.6% 6.3% 5.5% ROW 2.6% 2.2% 3.0% 2.5% 2.5% 2.7% 2.6% Total 100.0% 100.0% 100.0% 100.0% 100.0%
Slide 14: Concentration
Fact Sheet Nos. Q2FY19 Q1FY19 Q4FY18 Q3FY18 Q2FY18 FY18 FY17 Clients billed Services 433 438 426 431 419 569 462 IP Led 178 181 177 268 277 387 465 Includes one time clients with overlap across business offerings % Q2FY19 Q1FY19 Q4FY18 Q3FY18 Q2FY18 FY18 FY17 Concentration Revenue Top 1 25.7% 23.8%
Slide 15: Attrition Linear Revenue Numbers
Fact Sheet USD / PPM Q2FY19 Q1FY19 Q4FY18 Q3FY18 Q2FY18 FY18 FY17 Yield 5,329 5,497 5,225 5,355 5,096 5,160 4,834 Yield is computed as a ratio of total revenue to billable person months excluding employees under training. Linear Revenue USD / PPM Q2FY19 Q1FY19 Q4FY18 Q3FY18 Q2FY18 FY18 FY17 Person M
Slide 16: Efforts and Utilization
Fact Sheet Nos. / % Q2FY19 Q1FY19 Q4FY18 Q3FY18 Q2FY18 FY18 FY17 Billable Person Months 17,483 17,593 17,382 17,943 18,245 71,207 68,761 - Global Delivery Centers 2,656 2,757 2,713 2,777 2,689 10,609 8,515 Efforts and Utilization - India 14,827 14,836 14,669 15,166 15,556 60,597 60,245 Mix - Linear
Slide 17: Thank You
Thank You