R Systems International Limited · NSE:RSYSTEMS
R Systems International — Q2 2023 Earnings Presentation
13 slides from R Systems International's earnings presentation, Aug 2, 2023
Slide 1: Submission of presentation made to analysts/investors
R SYSTEMS INTERNATIONAL LIMITED Corporate Identity Number : L74899DL1993PLC053579 [CMMI Level 5, PCMM Level 5, ISO 9001:2015 & ISO 27001:2013 Company] C-40, Sector-59, NOIDA, Distt. Gautam Budh Nagar, U.P., India – 201 307 Phones: +91-120-4303500 Email : rsil @rsystems.com Regd. Off.: GF-1-A, 6, Dev
Slide 2: Q2 2023 Investor Presentation
Q2 2023 Investor Presentation By : Nitesh Bansal (CEO & MD)
Slide 3: 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. Act
Slide 4: Engineering Services Market
Engineering Services Market We play in 3 out of 4 key segments Global Outsourced engineering services spend (USD billion) ER&D services market consists of 4 major segments ER&D services include preparation, design and consulting work to support engineering projects undertaken by enterprises Mechanic
Slide 5: We are well poised to take advantage of current trends
We are well poised to take advantage of current trends Demand and supply-side trends shaping the engineering services market Deep dives ahead Demand-side Supply-side We have a mature Embedded and Digital engineering practice and are 1. Embedded, software & platforms, and digital engineering 4. Pure
Slide 6: Key Highlights Q2 2023
Key Highlights Q2 2023 EBITDA : ₹599.79M (US$ 7.30M) Revenue ₹ 4,067.80M Q2 2023 14.74 (US$ 49.51M) Q2 2022 13.09 YoY Revenue 8.48% Q1 2023 13.45 Growth YoY EBITDA EBITDA Margin (%) 22.2% Growth ₹ 144.25M Net Profit Key Balance Sheet (US$ 1.76M) As of Jun 30, 2023 In ₹ In US$ Share Holders’ Fund ₹ 5
Slide 7: Key Highlights H1 2023
Key Highlights H1 2023 EBITDA : ₹1,143.18M (US$ 13.91M) Revenue ₹ 8,108.51M (US$ 98.67M) H1 2023 14.10 H1 2022 12.63 YoY Revenue 12.92% Growth EBITDA Margin (%) Net Profit ₹ 502.60M (US$ 6.12M) Earnings ₹ 4.25 Per Share 6 Note: Adjusted EPS before non-recurring and one-time tax expenses is Rs. 6.33
Slide 8: Key Highlights (Continued…)
Key Highlights (Continued…) • Resilient revenue growth despite macro-economic environment has seen some of customers go slow on their spend decisions or delay new initiatives altogether. • Despite demand side headwinds experienced from some clients, we continue to see good traction in pipeline devel
Slide 9: Financial Performance – Contribution Analysis – Q2 2023
Financial Performance –Contribution Analysis – Q2 2023 Q2 2023 Q2 2022 Q1 2023 Particulars ₹ in M US$ in M ₹ in M US$ in M ₹ in M US$ in M Revenues 4,067.80 49.51 3,749.78 48.74 4,040.71 49.16 Cost of revenues 2,650.73 32.26 2,424.90 31.51 2,681.88 32.63 Gross margin 1,417.07 17.25 1,324.88 17.23 1,
Slide 10: Big Picture – Revenue & EBITDA %age – Quarter wise
Big Picture – Revenue & EBITDA %age – Quarter wise 4200 3,982 3,995 4,041 4,068 20 3,750 3,431 3500 15 14.93 14.74 2800 14.54 Revenue (₹ in M) 13.09 13.45 EBITDA % 12.14 2100 10 1400 5 700 0 0 Q1 22 Q2 22 Q3 22 Q4 22 Q1 23 Q2 23 Revenue EBITDA % 9
Slide 11: Quarterly Revenue Breakdown
Quarterly Revenue Breakdown By Geography (%) – based on location of customer 80.0 74.2 75.6 75.2 74.6 72.7 71.5 60.0 40.0 20.0 12.8 12.3 10.8 12.1 9.0 12.8 9.3 13.0 10.1 12.5 10.8 13.3 2.5 0.9 2.2 0.7 1.6 1.0 1.3 1.2 1.7 1.1 1.8 1.4 - Q1 22 Q2 22 Q3 22 Q4 22 Q1 23 Q2 23 North America Europe SEAC* In
Slide 12: Summing Up and Looking Ahead
Summing Up and Looking Ahead H1 2023 performance is in line with industry delivering revenue growth and margin improvement amid challenging global environment Building deeper partnerships with customers while rapidly building our core competencies in growth areas – using speed and relevance as our d
Slide 13: Thank You
Thank You Worldwide Headquarter USA Corporate Office R Systems International Ltd. R Systems Inc. C - 40, Sector - 59, 5000 Windplay Drive, Noida 201307 (UP), India El Dorado Hills, CA 95762 P: (+91) 120-430-3500 P: (+1) 916-939-9696 F: (+91) 120-258-7123 (+1) 800-355-5159 F: (+1) 916-939-9697
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