Slide 1: Financial Performance FY16 Q1
Presented to: Financial Performance Data | Domain | Delivery FY16 Q1 August 10, 2015
Slide 2: Financial Summary
Financial Summary Metrics FY16 Q1 Q-o-Q Y-o-Y Total revenue (INR mm) 3,142 20% 44% Revenue OPG revenue (INR mm) 2,983 19% 37% OPG revenue (USD mm) 46.4 14% 28% EBITDA (INR mm) 1,152 39% 42% Profit OPM (INR mm) 891 52% 28% Net profit (INR mm) 732 38% 37% EBITDA (%) 37% 5% 0% Margin OPM (%) 30% 7% -2%
Slide 3: Other Income – FY16 Q1 vs. FY15 Q4
Other Income – FY16 Q1 vs. FY15 Q4 Other Income FY16 Q1 FY15 Q4 FY15 Q3 FY15 Q2 Investment & Other Income 19.9 53.5 51.0 44.6 Hedge Gain / (Loss) (6.1) 94.0 17.7 42.9 Revaluation and Realised Gain 145.3 (-) 50.9 45.2 16.4 Total 159.1 96.5 113.8 103.9 Figures in INR millions. Investment Income down d
Slide 4: Hedge Updates
Hedge Updates Current Hedge Status Total outstanding hedges now $110.8 mm at average INR 68.59/$; 100% forwards – 2.4 times quarter revenue vs. average of 2.7 times in preceding 4 quarters. – Since CLX has natural hedge, so effective hedge ratio will remain lower going forward Hedges pre AS30 Hedges
Slide 5: P&L Comparison: FY16 Q1 vs. FY15 Q4
P&L Comparison: FY16 Q1 vs. FY15 Q4 Operating P&L FY16 Q1 OPR (%) FY15 Q4 OPR (%) Operating Revenue 2,982.9 2,513.0 Cost of Revenues Employee Cost 1,191.4 39.9% 948.8 37.8% General and Administrative Expenses Rent 116.2 3.9% 89.8 3.6% Communication Expenses 42.6 1.4% 36.5 1.5% Legal and Professional
Slide 6: OPM Bridging Analysis: FY16 Q1 vs. FY15 Q4
OPM Bridging Analysis: FY16 Q1 vs. FY15 Q4 3.3% 29.9% 2.3% 2.3% 23.2% 3.4% 2.2% FY15 Q4 Emp. Cost Exc. Rate S&D Exp. Dep. & Amortz. G&A FY16 Q1 • Employee cost: Increase due to CLX inclusion, annual increments, increase in onshore delivery cost • S&D Cost: Lower proportion in CLX; onshore delivery c
Slide 7: Balance Sheet & Other Updates
Balance Sheet & Other Updates Total Cash and Cash equivalents of INR 3,585 mn (before dividend of 1,288 mm); zero debt — Equivalent to INR 118.0 per share; Trailing 12 months EPS – Basic: INR 82.3; Diluted: INR 80.7 Current book value per share of INR 262.0 vs. INR 235.6 last quarter Facility Update
Slide 8: Key Business Metrics
Key Business Metrics Metrics FY 16 Q1 FY 15 Q4 FY 15 Q3 FY15 Q2 FY15 Q1 FY14 Q4 USD 76% 85% 83% 82% 81% 80% Currency Contribution* (%) EURO 18% 10% 12% 13% 14% 14% GBP 5% 5% 5% 5% 5% 5% North America 72% 78% 78% 74% 73% 74% Geographic Concentration* Europe 25% 18% 18% 23% 22% 22% Debtors (including
Slide 9: Revenue Mix Trends
Revenue Mix Trends 90% 84% 80% 70% 60% 51% $19.7 50% 44% 42% 40% 37% $13.2 $14.7 $12.3 30% $10.7 20% 10% 4% 1% 1% 1% 0% -3% -10% FY15 Q1 FY15 Q2 FY15 Q3 FY15 Q4 FY16 Q1 Emerging ($ mm) Top 5 % Emerging % eClerx Organic Top 5 USD growth 4.5%; Emerging 42.7% Organic Top5 YoY constant currency growth-
Slide 10: Human Resources Update
Human Resources Update Delivery & Support 8,100 8,747 6,836 1,125 5,954 1,005 4,405 871 656 470 7,622 5,965 7,095 3,935 5,298 FY12 FY13 FY14 FY15 FY16 Q1 Operations HC Support Services BD / Sales* 89 76 82 62 46 FY12 FY13 FY14 FY15 FY16 Q1 * FY16 Q1 decrease in BD/Sales due to realignment of onshore
Slide 11: Forward-looking statements disclaimer
This presentation contains forward-looking statements, inter-alia, to enable investors to comprehend company’s prospects and take informed investment decisions. This report and other statements - written and oral - that we periodically make, contain forward-looking statements that set out anticipate
Slide 12: Balance Sheet Abstract
Balance Sheet Abstract Particulars 30-Jun-15 31-Mar-15 % of Change Shareholder’s Funds Capital 303.9 303.5 0.1% Minority Interest 4.6 - - Reserves and Surplus 7,653.2 6,846.5 12% Total Shareholder's Funds 7,961.7 7,150.0 11% Application of Funds Fixed Assets 3,489.9 1,681.8 108% Deferred Tax Assets
Slide 13: Financial Summary – Quarterly View
Financial Summary – Quarterly View Metrics FY16 Q1 FY15 Q4 FY15 Q3 FY15 Q2 FY15 Q1 Total Revenue (INR mn) 3,142 2,610 2,530 2,422 2,183 Revenue Opg Revenue (INR mn) 2,983 2,513 2,416 2,318 2,174 Opg Revenue (USD mn) 46.4 40.7 38.9 38.1 36.2 EBITDA (INR mn) 1152 826 924 920 809 Profit OPM (INR mn) 89
Slide 14: P&L Comparison – Quarterly View
P&L Comparison – Quarterly View FY16 OPR FY15 OPR FY15 OPR FY15 OPR FY15 OPR Operating P&L Q1 (%) Q4 (%) Q3 (%) Q2 (%) Q1 (%) Operating Revenue 2,983 2,513 2,416 2,318 2,174 Cost of Revenues Employee Cost 1,191 40% 949 38% 883 37% 847 37% 785 36% General and Administrative Expenses Rent 116 4% 90 4%
Slide 15: Revenue Quality – Quarterly View
Revenue Quality – Quarterly View FY16 FY15 FY15 FY15 FY15 FY14 FY14 FY14 Metrics Q1 Q4 Q3 Q2 Q1 Q4 Q3 Q2 Revenue Growth USD 14.2% 4.6% 2.1% 5.1% 2.0% -0.4% 4.7% 3.4% (%) Constant Currency 4.0% 6.3% 3.1% 5.6% 1.9% -0.6% 4.0% 3.1% USD 76% 85% 83% 82% 81% 80% 81% 81% Currency EURO 18% 10% 12% 13% 14% 1