R Systems International Limited · NSE:RSYSTEMS
R Systems International — Q2 2019 Earnings Presentation
12 slides from R Systems International's earnings presentation, 2019
Slide 1: Analytical Review – Q2 2019 Results
Analytical Review – Q2 2019 Results 9001:2015 5 27001:2013
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. A
Slide 3: Key Highlights Q2 2019
// Key Highlights Q2 2019 Revenue Key Wins EBITDA ₹ 202.81 Cr. (US$ 29.17 mn) ₹ 18.32 Cr. (US$ 2.63 mn) Q2 2019 Q2 2018 Q1 2019 QoQ Increase YoY Increase 9.03 8.98 7.12 3.32% 20.12% (4.52% in US$) (15.42% in US$) EBITDA REVENUE % Net Profit after Taxes Share Holder’ Cash Balance Funds ₹ 11.61 Cr. (U
Slide 4: Key Highlights (Continues…)
// Key Highlights (Continues…) Record quarterly Revenue of Rs. 203 Cr. with 20% yoy growth. Revenue growth is driven by strong demand for digital and product engineering offerings. Digital Revenue contributes > 40% . Serving 24 customers having million dollar plus revenue on run rate basis. Margins
Slide 5: Financial Performance – Contribution Analysis – Q2 2019
// Financial Performance – Contribution Analysis – Q2 2019 (Figures in mn) Particulars Q2 2019 Q2 2018 Q1 2019 INR US$ INR US$ INR US$ Revenues 2,028.11 29.17 1,688.37 25.28 1,962.99 27.91 Cost of revenues 1,320.38 19.00 1,147.46 17.17 1,302.19 18.51 Gross margin 707.73 10.17 540.91 8.11 660.80 9.40
Slide 6: Revenue & Gross Margins Analysis – Q2 2019
// Revenue & Gross Margins Analysis – Q2 2019 REVENUES GROSS MARGIN 3.32 % 1.24 % Increase in Revenue Increase in Gross Margin Resulted from: Resulted from: Volume Impact Impact of increase in utilization 4.90% 1.01% Impact of increase in billable days Rupee appreciation 0.60% (1.58)% Impact due to
Slide 7: Big Picture – Revenue & EBITDA %age
// Big Picture – Revenue & EBITDA %age 240.00 12.00 11.03 202.81 200.00 192.45 196.30 10.00 186.39 9.03 168.84 9.48 8.98 ₹ in Crores 160.00 152.20 8.00 7.12 % 120.00 6.00 4.53 80.00 4.00 40.00 2.00 Q1-18 Q2-18 Q3-18 Q4-18 Q1-19 Q2-19 Revenue 152.20 168.84 186.39 192.45 196.30 202.81 EBITDA % 4.53 7.
Slide 8: Consolidated Key Balance Sheet Data
// Consolidated Key Balance Sheet Data ₹ in Crores except “DSO” Particulars As at Jun 30, 2019 As at Dec 31, 2018 Share Holders’ Funds 320.46 322.90 Receivables 127.06 136.55 Receivables in days “DSO” for the quarter 63 63 Cash balance 183.05 199.84 www.rsystems.com 8
Slide 9: Billable Head Counts and Utilization
// Billable Head Counts and Utilization 2,800 78.8% 78.8% 78.2% 78.5% 80.0% 76.6% 2,463 2,469 2,352 2,379 2,400 2,233 60.0% 2,000 1,600 40.0% 1,200 20.0% 800 400 0.0% Q2-18 Q3-18 Q4-18 Q1-19 Q2-19 Q2-18 Q3-18 Q4-18 Q1-19 Q2-19 www.rsystems.com 9
Slide 10: Revenue Breakdown
// Revenue Breakdown By Geography Client Concentration 40.0% 100% 3.6% 3.0% 2.7% 4.3% 36.4% 4.0% 35.8% 1.6% 1.3% 35.2% 35.3% 1.7% 1.5% 1.2% 33.8% 90% 18.4% 19.6% 15.7% 16.1% 18.8% 80% 30.0% 24.0% 70% 16.2% 16.1% 24.1% 17.5% 16.9% 17.1% 23.2% 22.8% 21.8% 60% 20.0% 50% 16.5% 16.5% 15.9% 15.5% 15.2% 40
Slide 11: Summing Up and Looking Ahead
// Summing Up and Looking Ahead H1‐2019 results are encouraging with 24% YoY revenue growth along with improved margins. Our investment in digital technologies and sales & marketing activities is yielding visible results. Scope to improve margins through focus on operational efficiencies and continu
Slide 12: 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 ‐ 4082633 Thank You Email: bhask
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