R Systems International Limited · NSE:RSYSTEMS
R Systems International — Q3 2020 Earnings Presentation
13 slides from R Systems International's earnings presentation, November 2020
Slide 1: Analytical Review Q3 2020 Results
Analytical Review Q3 2020 Results Intensifying Digital Transformation www.rsystems.com
Slide 2: 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. Actu
Slide 3: Key Highlights Q3 2020
Key Highlights Q3 2020 Revenue EBITDA ₹ 224.30 Cr (US$ 30.25 mn) ₹ 35.59 Cr (US$ 4.81 mn) Q3 2020 Q3 2019 Q2 2020 QoQ YoY 15.87 10.98 7.79 +ve 6.62% +ve 13.63% [+ve 8.48 % in US$] [+ve 7.70% in US$] EBITDA Revenue % Net Profit after Taxes Key Wins Q3-20 Share Holder Funds ₹ 27.15 Cr (US$ 3.67 mn) ₹
Slide 4: Key Highlights (Continues….)
Key Highlights (Continues….) Reported record revenues resulting from broad based revenue growth Witnessed good traction towards digital services and solutions using RPA, cloud, IOT, mobility, and analytics Digital offerings continue to contribute over 40% of revenues Served 28 million dollar plus cu
Slide 5: Financial Performance – Contribution Analysis – Q3 2020
Financial Performance – Contribution Analysis – Q3 2020 (Figures in mn) Particulars Q3 2020 Q3 2019 Q2 2020 INR US$ INR US$ INR US$ Revenues 2,243.03 30.25 1,973.95 28.09 2,103.84 27.89 Cost of revenues 1,392.61 18.78 1,305.25 18.58 1,349.22 17.88 Gross margin 850.42 11.47 668.70 9.51 754.62 10.01 3
Slide 6: Revenue and Gross Margin Analysis - Q3 2020
Revenue and Gross Margin Analysis - Q3 2020 REVENUES GROSS MARGIN 6.62 % 2.04 % Increase in Revenue Increase in Gross Margin Resulted from: Resulted from: Increase in Volume Increase in Utilization 1.59 % 6.62 % Decrease in retirement provision & other COGS 0.45 % INR Depreciation against Euro has o
Slide 7: Big Picture – Revenue & EBITDA %age
Big Picture – Revenue & EBITDA %age 240.00 18.00 224.30 212.87 209.26 210.38 16.00 202.81 197.39 200.00 196.30 15.87 14.00 10.98 ₹ in Crores 12.00 160.00 9.03 9.63 10.00 % 7.79 120.00 10.22 8.98 8.00 6.00 80.00 4.00 40.00 2.00 Q1-19 Q2-19 Q3-19 Q4-19 Q1-20 * Q2-20 * Q3-20 * Revenue 196.30 202.81 197
Slide 8: Strong Balance Sheet – Supporting Liquidity & Growth
Strong Balance Sheet – Supporting Liquidity & Growth ₹ in Cr., except “DSO” Key Balance Sheet Data As At Sep 30, 2020 Dec 31, 2019 Receivable 114.81 132.40 Receivable in days (“DSO”) 53 53 Cash & bank balance # 261.87 198.60 Shareholders’ funds 394.23 338.23 # Net of debt and like items. 8
Slide 9: Billable Head Counts
Billable Head Counts 2,463 2,469 2,453 2,506 2,500 2,347 2,380 2,335 438 437 471 2,000 610 472 436 643 1,500 1,000 1,982 2,068 1,859 1,875 1,943 1,899 1,820 500 - Q1-19 Q2-19 Q3-19 Q4-19 Q1-20 Q2-20 Q3-20 IT BPO Added 170 + technical associates over the quarter to support strong sales funnel. 9
Slide 10: Utilization
Utilization 82.0% 83.0% 80.7% 80.3% 81.1% 81.0% 79.7% 77.9% 79.0% 78.4% 78.8% 79.0% 80.9% 78.2% 78.4% 78.7% 77.0% 77.6% 77.0% 76.9% 75.0% 74.6% 76.1% 73.0% 71.0% 72.3% 71.6% 69.0% 68.7% 67.0% 65.0% Q1-19 Q2-19 Q3-19 Q4-19 Q1-20 Q2-20 Q3-20 IT 80.3% 79.7% 78.4% 80.9% 77.9% 78.8% 78.7% Bpo 72.3% 74.6%
Slide 11: Quarterly Revenue Breakdown
Quarterly Revenue Breakdown By Geography 40.0% Client Concentration 1.9% 1.3% 0.9% 1.1% 0.8% 100% 1.8% 1.6% 1.4% 1.8% 1.7% 90% 16.1% 15.9% 16.4% 17.8% 31.3% 19.9% 29.9% 28.5% 29.1% 28.7% 80% 30.0% 14.0% 12.9% 12.7% 13.3% 70% 13.7% 60% 20.1% 19.7% 19.1% 18.6% 18.8% 20.0% 50% 15.1% 14.2% 13.7% 14.0% 1
Slide 12: Summing Up and Looking Ahead
Summing Up and Looking Ahead Regained momentum to report revenue growth in FY 2020 Efficient WFH Operations to meet customer’s expectation with safe work environment for the employees The business outlook has improved significantly over the last quarter on the back of new deal closures and traction
Slide 13: Contact Information 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 - 4303566 Thank You Email: bhasker.
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