NIIT Limited · NSE:NIITLTD
NIIT — NIIT Technologies — Q1 FY2005 Earnings Presentation
14 slides from NIIT's earnings presentation, June 2004
Slide 1: Trust us to find the way
Trust us to find the way
Slide 2: Content
Content Business Environment Financials Segmental Analysis Growth Strategies 2
Slide 3: Business Environment
Business Environment IT Solutions Industry Growth exceeds projections (25% vs. 18%) Pricing stable, trends reversed Geography wise Mix unchanged – US 70% BPO Segment Industry witnesses 46% growth, maturity on all parameters Captives 65%, 1 new captive per week Data Protection, Security, Compliance I
Slide 4: Financials-Quarter Highlights
Financials-Quarter Highlights Net profits at Rs 134Mn Up 39% QoQ, Up 495% YoY Net Margins over 10% Operating Profits at Rs 228Mn Up 6% QoQ Grows 96% YoY Margins up at 18% Revenues depict 23% YoY growth at Rs 1279Mn Offshore Revenue Contribution improves from 38% to 42% Revenue capacity utilization i
Slide 5: Financials - Consolidated
Financials - Consolidated (Rs in mn) Apr- AMJ’04 QoQ (%) YoY (%) Mar’04 Revenues 4845 1279 -5 23 Other Income - 22 244 Operating Expenses 4140 1051 -9 18 Operating Profit 705 228 6 96 OPM (%) 15 18 193 bps 660 bps Depreciation 362 94 Profit Before Taxes 342 156 30 458 Provision For Tax 66 22 PAT 276
Slide 6: Segmental Analysis
Segmental Analysis •Software solutions grow 19% YoY, down 4% sequentially •BPO shows 188% YoY growth, -18% QoQ (Rs Mn) 1012 1164 1195 1261 1207 88 72 61 39 25 AMJ'03 JAS'03 OND'03 JFM'04 AMJ'04 BPO Software 6
Slide 7: Revenue Mix – Geography wise
Revenue Mix – Geography wise •International segment grows 10% sequentially •European geography revenues increase 14% sequentially •APGC follows closely at 11% QoQ growth APGC India 12% 6% India 13% Americas APGC 37% America 12% s 39% Europe Europe 45% 36% FY04 AMJ’04 7
Slide 8: Revenue Mix - Verticals
Revenue Mix - Verticals •3 Focused verticals contribute 63% revenues, 54% in FY04 • Transportation grows maximum this quarter Transportation Transportation 24% 17% Finance/ Finance/ Insurance/ Insurance/ Banking Manufacturing Banking Manufacturing 31% 9% 28% 15% Retail Retail 9% 9% Others Others 27%
Slide 9: Revenue Mix – On : Off
Revenue Mix – On : Off Proportion of Offshore revenues increasing gradually (% Onsite) 62 58 66 72 (% Offshore) 38 42 34 28 FY'04 AMJ'03 JFM'04 AMJ'04 9
Slide 10: Order Book
Order Book US $ mn Closing Order Book •51% of Pending Order book at $ 67.1 Mn executable over 122 132 114 next 12 months 91 103 AMJ'03 JAS'03 OND'03 JFM'04 AMJ'04 US $ mn Fresh Order Intake •Fresh intake of orders stable 38 38 39 at USD 39Mn 32 35 AMJ'03 JAS'03 OND'03 JFM'04 AMJ'04 10
Slide 11: Client Concentration
Client Concentration Top 20 clients contribution to Revenues improves this quarter (%) 29 28 Top 5 35 36 36 Top 10 44 41 51 52 53 58 Top 20 62 69 71 67 38 31 42 33 Others 29 AMJ '03 J AS'03 OND'03 J FM'04 AMJ '04 11
Slide 12: People Resources
People Resources Segmental People Break Up On-Offshore Mix 2559 583 23% BPO Onsite 1976 77% Software Offshore AMJ '04 AMJ '04 12
Slide 13: Leveraging Existing Competencies
Leveraging Existing Competencies Retail Integrated Tools- BMA, Knowledge Portal, Testing Methodologies - QuickStart, FlightMap Insurance & Services Stack Transportation Banking Custom Software Development & Maintenance Legacy Maintenance & Modernisation Enterprise Integration Business Process Manage
Slide 14: Faster… Higher… Stronger
Faster... Higher... Stronger