NIIT Limited · NSE:NIITLTD
NIIT — Q4 FY2017 Earnings Presentation
13 slides from NIIT's earnings presentation, May 17, 2017
Slide 1: Financial Results Q4'17 & FY17
FINANCIAL RESULTS Q4’17 & FY17 May 17, 2017
Slide 2: Environment
Environment • Global GDP growth expected to improve to 3.5% in 2017 vs 3.1% in 2016. However recent political developments lead to increased risks and uncertainty (IMF) • Economic activity in India slowed in H2 because of the temporary negative consumption shock induced by cash shortages and payment
Slide 3: NIIT Growth Platforms
NIIT Growth Platforms Corporate Skills & Careers Schools MTS Digital Transformation nGuru (DT) 34 global MTS 3 DT courses. CYD 2,917 Signed 392 Schools vs customers vs 31 in enrolments 122 in Q4 FY16 FY16 India IT training Revenue Focussed IP led private Revenue visibility at for Q4FY17
Slide 4: Q4'FY17: In Perspective
Q4’FY17: In Perspective Corporate Learning Group (CLG): Continued Strong performance • Revenue at INR 2,578 Mn up 90% YoY on the back of significant additional strategic sourcing revenue • Revenue up 16% in constant currency, excluding additional strategic sourcing revenue • EBITDA at INR 141 Mn (vs
Slide 5: FY17: In Perspective
FY17: In Perspective Corporate Learning Group (CLG): Continued Strong performance • Revenue at INR 7,662 Mn up 35% YoY; Revenue up 18% YoY in constant currency, excluding additional strategic sourcing revenue • EBITDA at INR 693 Mn up 5% YoY • Added 4 MTS customers to reach 34; MTS contributes 95% t
Slide 6: Key Financials
Key Financials INR Mn Q4 FY'17 Q4 FY'16 YoY Q3 FY'17 QoQ FY'17 FY'16 YoY Net Revenue 3,615 2,389 51% 2,673 35% 11,877 10,069 18% Operating expenses 3,443 2,256 53% 2,594 33% 11,117 9,357 19% EBITDA 172 132 30% 80 117% 760 712 7% EBITDA% 5% 6% -78 bps 3% 179 bps 6% 7% -67 bps Depreciation 109 116 -6%
Slide 7: Business Mix
Business Mix Q4 FY17 Net Revenue Q4 FY16 Schools Schools Skills & 8% Growth 13% Careers Corporate 90% 21% Skills & Skills & Careers 3% Careers Corporate 30% 57% Corporate Schools -6% 71% Online 0% NIIT 51% FY17 FY16 Growth Schools Online Corporate 35% Schools Online 8% 0% 11% 0% Skills & Skills & Ca
Slide 8: Corporate Learning Group
Corporate Learning Group Rs. Mn Q4 FY17 Q4 FY16 YoY Q3 FY17 QoQ FY'17 FY'16 YoY Net Revenues 2,578 1,360 90% 1,774 45% 7,662 5,679 35% EBITDA 141 158 -11% 170 -17% 693 660 5% EBITDA % 5% 12% -615 bps 10% -412 bps 9% 12% -259 bps Q4FY17 • Revenue at INR 2,578 Mn up 90% YoY on the back of significant
Slide 9: Skills & Careers Group
Skills & Careers Group Rs. Mn Q4 FY17 Q4 FY16 YoY Q3 FY17 QoQ FY'17 FY'16 YoY Net Revenues 751 728 3% 724 4% 3,230 3,326 -3% EBITDA 31 -19 50 mn -59 90 mn 90 51 74% EBITDA % 4% -3% 669 bps -8% 1229 bps 3% 2% 123 bps Q4FY17 • Revenue at INR 751 Mn up 3% YoY • Revenue from go forward Biz up 7% despite
Slide 10: School Learning Group
School Learning Group Rs. Mn Q4 FY17 Q4 FY16 YoY Q3 FY17 QoQ FY'17 FY'16 YoY Net Revenues 282 301 -6% 174 63% 979 1,063 -8% EBITDA 29 16 89% -9 444% 53 22 143% EBITDA % 10% 5% 523 bps -5% 1533 bps 5% 2% 338 bps Q4FY17 • Overall revenue impacted due to planned ramp down of government school projects
Slide 11: People
People 2,732 2,695 2,705 2,533 2,466 2,443 2,372 2,342 Q1 FY16 Q2 FY16 Q3 FY16 Q4 FY16 Q1 FY17 Q2 FY17 Q3 FY17 Q4 FY17 Headcount down 101 QoQ and down 30 YoY * excludes project retainers 11
Slide 12: Share Holding Pattern
Share Holding Pattern 42% 44% 43% 42% 43% 40% 40% 43% 11% 13% 13% 13% 12% 14% 13% 10% 13% 9% 10% 11% 10% 12% 13% 13% 34% 34% 34% 34% 34% 34% 34% 34% Q1 FY16 Q2 FY16 Q3 FY16 Q4 FY16 Q1 FY17 Q2 FY17 Q3 FY17 Q4 FY17 Promoters FIIs & FPIs FIs and Mutual Funds Individuals and Corporates Percentages may n
Slide 13: Niir doN\xt — training: e090 ~
Niir doN\xt — training: e090 ~ ___NIIT STA ngurues—siéS>: meee ROUTE