Persistent Systems Limited · NSE:PERSISTENT

Persistent Systems — Q1 FY2017 Earnings Presentation

15 slides from Persistent Systems's earnings presentation, Jul 23, 2016

  1. Slide 1: Persistent Systems Limited - Quarter ending June 30, 2016

    Persistent Systems Limited Quarter ending June 30, 2016 July 23, 2016 © 2016 Persistent Systems Ltd. 1

  2. Slide 2: Forward-looking and Cautionary Statements

    Forward-looking and Cautionary Statements Certain statements in this Presentation concerning our future growth prospects are forward-looking statements, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statement

  3. Slide 3: Key Highlights

    Key Highlights © 2016 Persistent Systems Ltd. 3

  4. Slide 4: Q1FY17 Performance

    Q1FY17 Performance  USD Revenue grew by 33.3% YoY and 4.3% QoQ to US$ 104.76 Million  INR Revenue grew by 40.2% YoY and 3.6% QoQ to ₹ 7,017.77 Million  EBIDTA grew by 9.1% YoY and dipped by 1.5% QoQ to ₹ 1,057.51 Million  Profit before Tax (PBT) grew by 3.0% YoY and dipped by 5.8% QoQ to ₹ 968.0

  5. Slide 5: Awards and Recognitions during Q1FY17

    Awards and Recognitions during Q1FY17  Won India’s Coding Power House award at Code Gladiator, third year in a row.  Zinnov Management Consulting includes Persistent in leadership zone across all categories in Zinnov Zones for Digital Services report.  Oracle recognizes Persistent as its North Am

  6. Slide 6: Sequential Q1 FY17 Vs. Q4 FY16

    Sequential Q1 FY17 Vs. Q4 FY16 Particulars Q1FY17 Q4FY16 Change Exps / Sales % (as per Ind AS) (as per IGAAP) QoQ Q1FY17 Q4FY16 Revenue ($ M) Services 75.27 72.11 4.4% IP Led 29.49 28.32 4.1% Revenue ($ M) 104.76 100.43 4.3% Avg. Exchange Rate ₹ /US$ 66.99 67.42 -0.6% Revenue (₹ M) 7,017.77 6,771.10

  7. Slide 7: YoY comparison Q1 FY17 Vs. Q1 FY16

    YoY comparison Q1 FY17 Vs. Q1 FY16 Particulars Q1FY17 Q1 FY16 Change Exps / Sales % (as per Ind AS) (as per IGAAP) QoQ Q1FY17 Q1 FY16 Revenue ($ M) Services 75.27 64.13 17.4% IP Led 29.49 14.48 103.7% Revenue ($ M) 104.76 78.61 33.3% Avg. Exchange Rate ₹ /US$ 66.99 63.66 5.2% Revenue (₹ M) 7,017.77

  8. Slide 8: Consolidated Balance Sheet

    Consolidated Balance Sheet ₹ Million Particulars As on June 30, 2016 As on March 31, 2016 As on June 30, 2015 Assets PPE and Intangible assets 5,905.11 4,636.50 4,102.15 Non-Current Assets 472.96 912.79 470.44 Cash and Investments 7,764.77 8,692.70 8,689.02 Other Current Assets 7,130.69 7,005.03 5,0

  9. Slide 9: Fact Sheet

    Fact Sheet © 2016 Persistent Systems Ltd. 9

  10. Slide 10: Offerings and Segments

    Fact Sheet Nos./% Q1FY17 Q4FY16 Q3FY16 Q2FY16 Q1FY16 FY16 FY15 Revenue USD M 104.76 100.43 89.65 82.96 78.61 351.65 308.54 Revenue %, q-o-q/ y-o-y growth 4.3% 12.0% 8.1% 5.5% -1.8% 14.0% 12.6% Revenue INR M 7,017.77 6,771.10 5,920.74 5,427.31 5,004.16 23,123.31 18,912.52 %, q-o-q / y-o-y 3.6% 14.4%

  11. Slide 11: Classification

    Fact Sheet % Q1FY17 Q4FY16 Q3FY16 Q2FY16 Q1FY16 FY16 FY15 Revenue Mix North America 87.0% 86.1% 85.3% 86.2% 84.4% 85.5% 85.5% Geography: Europe 5.2% 6.7% 6.3% 6.8% 6.3% 6.5% 6.7% India 5.4% 6.2% 7.4% 5.6% 7.6% 6.7% 5.9% ROW 2.4% 1.0% 1.0% 1.4% 1.7% 1.3% 1.9% Total 100.0% 100.0% 100.0% 100.0% 100.0%

  12. Slide 12: Concentration

    Fact Sheet Nos. Q1FY17 Q4FY16 Q3FY16 Q2FY16 Q1FY16 FY16 FY15 Clients billed Services 340 319 337 311 277 451 383 IP Led 338 353 291 299 310 539 498 Includes one time clients with overlap across business offerings Concentration % Q1FY17 Q4FY16 Q3FY16 Q2FY16 Q1FY16 FY16 FY15 Revenue Top 1 29.0% 25.4%

  13. Slide 13: Revenue Attrition Numbers

    Fact Sheet USD / PPM Q1FY17 Q4FY16 Q3FY16 Q2FY16 Q1FY16 FY16 FY15 Yield 4,705 4,849 4,428 4,346 4,134 4,448 4,144 Yield is computed as a ratio of revenue to billable person months excluding employees under training. USD / PPM Q1FY17 Q4FY16 Q3FY16 Q2FY16 Q1FY16 FY16 FY15 per billed Revenue Linear PM

  14. Slide 14: Efforts and Utilization Mix - Linear

    Fact Sheet Nos. Q1FY17 Q4FY16 Q3FY16 Q2FY16 Q1FY16 FY16 FY15 Billable Person Months 17,030 16,631 16,718 16,066 16,138 65,553 64,248 Efforts and Utilization Mix - Linear - Global Delivery 2,121 2,108 2,097 1,854 1,623 7,682 5,754 Centers - India 14,909 14,523 14,621 14,212 14,515 57,871 58,493 Bille

  15. Slide 15: Thank You

    Thank You © 2016 Persistent Systems Ltd. 15

Persistent Systems — Q1 FY2017 Earnings Presentation on 6ix