Persistent Systems Limited · NSE:PERSISTENT

Persistent Systems — Q2 FY2017 Earnings Presentation

16 slides from Persistent Systems's earnings presentation, Oct 22, 2016

  1. Slide 1: Persistent Systems Limited – Quarter ending September 30, 2016

    Persistent Systems Limited Quarter ending September 30, 2016 October 22, 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: Financial Performance

    Financial Performance Q2 FY17  USD Revenue grew by 26.8% YoY and 0.4% QoQ to US$ 105.18 Million  INR Revenue grew by 29.7% YoY and 0.3% QoQ to ₹ 7,040.19 Million  EBIDTA grew by 8.9% YoY and 4.8% QoQ to ₹ 1,107.79 Million  Profit before Tax (PBT) grew by 2.1% YoY and 1.7% QoQ to ₹ 984.44 Million

  5. Slide 5: Awards and Recognitions during Q2FY17

    Awards and Recognitions during Q2FY17  Featured for the first time in Consulting magazine’s “Fastest Growing Firms” based on our growing presence in the Enterprise segment.  In the ‘Zinnov Zones 2016 – IoT Technology Services’ Report, Persistent is included in the Leadership Zone for ‘Software Pla

  6. Slide 6: Sequential Q2 FY17 Vs. Q1 FY17

    Sequential Q2 FY17 Vs. Q1 FY17 Particulars Change Expenses / Sales % Q2FY17 Q1FY17 QoQ Q2FY17 Q1FY17 Revenue ($ M) Services 75.92 75.27 0.9% IP Led 29.26 29.49 -0.8% Revenue ($ M) 105.18 104.76 0.4% Avg. Exchange Rate ₹ /US$ 66.93 66.99 -0.1% Revenue (₹ M) 7,040.19 7,017.77 0.3% Cost of Revenue ₹M ₹

  7. Slide 7: YoY comparison Q2 FY17 Vs. Q2 FY16

    YoY comparison Q2 FY17 Vs. Q2 FY16 Particulars Q2FY17 Q2 FY16 Change Expenses / Sales % (As per Ind AS) (As per IGAAP) QoQ Q2FY17 Q2 FY16 Revenue ($ M) Services 75.92 69.52 9.2% IP Led 29.26 13.44 117.7% Revenue ($ M) 105.18 82.96 26.8% Avg. Exchange Rate ₹ /US$ 66.93 65.42 2.3% Revenue (₹ M) 7,040.

  8. Slide 8: YoY comparison H1 FY17 Vs. H1 FY16

    YoY comparison H1 FY17 Vs. H1 FY16 Particulars H1FY17 H1 FY16 Change Expenses / Sales % (As per Ind AS) (As per IGAAP) YoY H1FY17 H1 FY16 Revenue ($ M) Services 151.19 133.65 13.1% IP Led 58.75 27.92 110.4% Revenue ($ M) 209.94 161.57 29.9% Avg. Exchange Rate ₹ /US$ 66.96 64.56 3.7% Revenue (₹ M) 14

  9. Slide 9: Consolidated Balance Sheet

    Consolidated Balance Sheet ₹ Million As on September 30, As on March 31, As on September 30, Particulars 2016 2016 2015 Assets PPE and Intangible assets 5,844.74 4,636.50 4,244.14 Non-Current Assets 404.04 912.79 505.99 Cash and Investments 8,454.13 8,692.70 8,279.08 Other Current Assets 7,339.17 7,

  10. Slide 10: Fact Sheet

    Fact Sheet © 2016 Persistent Systems Ltd. 10

  11. Slide 11: Revenue Mix: Offerings and Segments

    Fact Sheet Nos./% Q2FY17 Q1FY17 Q4FY16 Q3FY16 Q2FY16 FY16 FY15 Revenue USD M 105.18 104.76 100.43 89.65 82.96 351.65 308.54 Revenue %, q-o-q/ y-o-y growth 0.4% 4.3% 12.0% 8.1% 5.5% 14.0% 12.6% Revenue INR M 7,040.19 7,017.77 6,771.10 5,920.74 5,427.31 23,123.31 18,912.52 %, q-o-q / y-o-y 0.3% 3.6% 1

  12. Slide 12: Revenue Mix: Geography, Industry Classification, Delivery Centers

    Fact Sheet % Q2FY17 Q1FY17 Q4FY16 Q3FY16 Q2FY16 FY16 FY15 North America 85.4% 87.0% 86.1% 85.3% 86.2% 85.5% 85.5% Revenue Mix Geography: Europe 6.1% 5.2% 6.7% 6.3% 6.8% 6.5% 6.7% India 5.6% 5.4% 6.2% 7.4% 5.6% 6.7% 5.9% ROW 2.9% 2.4% 1.0% 1.0% 1.4% 1.3% 1.9% Total 100.0% 100.0% 100.0% 100.0% 100.0%

  13. Slide 13: Client Concentration and Engagement Size

    Fact Sheet Nos. Q2FY17 Q1FY17 Q4FY16 Q3FY16 Q2FY16 FY16 FY15 Clients biled Services 314 340 319 337 311 451 383 IP Led 335 338 353 291 299 539 498 Includes one time clients with overlap across business offerings % Q2FY17 Q1FY17 Q4FY16 Q3FY16 Q2FY16 FY16 FY15 Concentration Revenue Top 1 28.4% 29.0% 2

  14. Slide 14: Revenue per Numbers: Yield, Attrition, People

    Fact Sheet USD / PPM Q2FY17 Q1FY17 Q4FY16 Q3FY16 Q2FY16 FY16 FY15 Yield 4,677 4,705 4,849 4,428 4,346 4,448 4,144 Yield is computed as a ratio of revenue to billable person months excluding employees under training. Revenue per USD / PPM Q2FY17 Q1FY17 Q4FY16 Q3FY16 Q2FY16 FY16 FY15 billed PM Linear

  15. Slide 15: Efforts and Utilization Mix – Linear

    Fact Sheet Nos. Q2FY17 Q1FY17 Q4FY16 Q3FY16 Q2FY16 FY16 FY15 Billable Person Months 17,474 17,030 16,631 16,718 16,066 65,553 64,248 Efforts and Utilization Mix – Linear - Global Delivery Centers 2,048 2,121 2,108 2,097 1,854 7,682 5,754 - India 15,426 14,909 14,523 14,621 14,212 57,871 58,493 Bille

  16. Slide 16: Thank You

    Thank You © 2016 Persistent Systems Ltd. 16

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