Slide 1: Exchange filing cover letter for earnings presentation
Ref: MPSL/SE/19/2023-24 Date: 16 May 2023 National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5th Floor, Plot no. C/1, Department of Corporate Services G Block, Bandra – Kurla Complex, Bandra Phiroze Jeejeebhoy Towers ✓ (East), Mumbai – 400 051, India Dalal Street, Mumbai- 400001, I
Slide 2: Q4 and FY23 Earnings Presentation
mpslimited.com Q4 AND FY23 EARNINGS PRESENTATION www.mpslimited.com
Slide 3: Disclaimer
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
Slide 4: About MPS Limited
About MPS Limited www.mpslimited.com 3
Slide 5: MPS at a Glance
MPS at a Glance MPS is a premium B2B learning and platform solutions company that powers the education, research, and corporate markets in their quest to engage with their learners more meaningfully. And has unlocked a new growth trajectory due to the combined effect of lower attention spans, rapid
Slide 6: Complementary Business Segments with High Degree of Synergy
Complementary Business Segments with High Degree of Synergy End-to-end offerings provide a one-stop solution, leading to operational efficiencies, enhanced customer experience, and stickiness Content Platform eLearning Complete range of configurable platform solutions Comprehensive content solutions
Slide 7: Returned over INR 37,000 Lakh in the last 5 years to Shareholders
Returned over INR 37,000 Lakh in the last 5 years to Shareholders Dividend Buyback Total Payout (including taxes) FY22 5,132 10,464 15,596 FY21 4,158 4,158 FY20 9,308 9,308 FY19 5,611 5,611 FY18 2,693 2,693 In INR Lakhs www.mpslimited.com 6
Slide 8: Financial Performance for Q4 FY'23 and FY'23
Financial Performance for Q4 FY’23 and FY’23 www.mpslimited.com 7
Slide 9: Highest Quarterly EPS in our History for the Third Consecutive Time
Highest Quarterly EPS in our History for the Third Consecutive Time Q4 FY’23 Reported FX- Revenue 127.5 Cr Adjusted 127.9 Cr Revenue Reported FX-Adjusted 16.50% 15.72% Revenue YoY Revenue YoY EBITDA 45.6 Cr EPS 18.83 EPS Growth YoY 49.57% EBITDA Margin 35.81% Consolidated www.mpslimited.com 8
Slide 10: Impressive Momentum in Revenue Growth Drives Margin Expansion
Impressive Momentum in Revenue Growth Drives Margin Expansion Metrics Q4 FY’23 Q4 FY’22 Variance% FX Gain/Loss adjusted revenue 12,792 11,054 15.72% Revenue (INR Lakh) Reported Revenue (INR Lakh) 12,746 10,941 16.50% EBITDA (INR Lakh) 4,564 3,161 44.38% Profit PBT (INR Lakh) 4,302 3,041 41.45% PAT (
Slide 11: Back to our Roots of a High Margin Business
Back to our Roots of a High Margin Business Q4 FY’23 Q4 FY’22 Metrics Content Platform eLearning Content Platform eLearning Solutions Solutions Solutions Solutions Solutions Solutions FX Gain/Loss adjusted 6,616 2,942 3,235 6,075 2,874 2,105 revenue (INR Lakh) Revenue Reported Revenue 6,552 2,940 3,
Slide 12: Q4 FY'23 – Business Metrics
Q4 FY’23 – Business Metrics Metrics Q4 FY’23 Q4 FY’22 Q3 FY’23 USD 81% 76% 80% GBP 6% 13% 6% Currency EURO 4% 4% 4% Contribution (%) CHF 2% 3% 2% INR 5% 1% 6% Others 2% 3% 2% North America 56% 56% 55% Geographic UK/Europe 34% 38% 32% Concentration Rest of the World 10% 6% 13% Debtors DSO 61 72 57 Cl
Slide 13: Healthy Revenue Growth has Driven Margin Expansion in FY'23
Healthy Revenue Growth has Driven Margin Expansion in FY’23 FY’23 Reported FX- Revenue 501.1 Cr Adjusted 500.0 Cr Revenue Reported FX-Adjusted 11.62% 10.81% Revenue YoY Revenue YoY EBITDA 156.8 Cr EPS 63.87 EPS Growth YoY 31.40% EBITDA Margin 31.29% ROCE 30.60% Consolidated www.mpslimited.com 12
Slide 14: Over-delivered on PAT Guidance of INR 100 Cr. in FY'23
Over-delivered on PAT Guidance of INR 100 Cr. in FY’23 with EPS growth of 31% Y-o-Y Metrics FY’23 FY’22 Variance% FX Gain/Loss adjusted revenue 50,000 45,121 10.81% Revenue (INR Lakh) Reported Revenue (INR Lakh) 50,105 44,888 11.62% EBITDA (INR Lakh) 15,676 12,628 24.13% Profit PBT (INR Lakh) 14,693
Slide 15: Margin Expansion Across All Business Segments
Margin Expansion Across All Business Segments FY’23 FY’22 Metrics Content Platform eLearning Content Platform eLearning Solutions Solutions Solutions Solutions Solutions Solutions FX Gain/Loss adjusted 25,904 11,355 12,741 24,414 12,355 8,352 revenue (INR Lakh) Revenue Reported Revenue 26,147 11,340
Slide 16: FY'23 – Business Metrics
FY’23 – Business Metrics Metrics FY’23 FY’22 USD 82% 78% GBP 6% 11% Currency EURO 4% 5% Contribution CHF 2% 3% (%) INR 4% 1% Others 2% 2% North America 57% 64% Geographic UK/Europe 34% 30% Concentration Rest of the World 9% 6% Debtors DSO 61 71 Client Billed 735 659 Client Top 5 contribution 39% 33%
Slide 17: Key Business Updates: Q4 and FY'23
Key Business Updates: Q4 and FY’23 • The Post-Pandemic momentum in our Content Solutions (CS) business continued in Q4 and FY23. Given the significant operating leverage in the CS business, Segment Profit grew by as much as 34% and 47% in FY23 and Q4, respectively. The Scholarly lines of business le
Slide 18: Supercharging "Going Gestalt" to Build Scale
Supercharging “Going Gestalt” to Build Scale www.mpslimited.com 17
Slide 19: "Going Gestalt" = Multi-Pronged Growth Strategy
”Going Gestalt” = Multi-Pronged Growth Strategy responsible for Recent Momentum Updated Customer Acquisition Approach Unlock Potential Consistent of 700+ Customer Investment in New Base through Capabilities STAR Program Revised Go-To- NEW Acquisition Market Strategy Playbook www.mpslimited.com 18
Slide 20: Vision 2027: Revenue above INR 1,500 crores
Vision 2027: Supercharge “Going Gestalt” to build Revenue above INR 1,500 crores ORGANIC GROWTH M&A Go-To-Market Strategy Scale STAR Program NEW Customer Acquisition NEW Capabilities Strategic Acquisitions Inorganic Refocused strategy using a Proactive management and Research: Bundle Expand
Slide 21: Corporate Social Responsibility
Corporate Social Responsibility www.mpslimited.com 20
Slide 22: Corporate Social Responsibility Update
Corporate Social Responsibility Update Total CSR Spending at a consolidated level is INR 177 Lakh for FY23 Girl’s Education Project: We partner with an NGO, IIMPACT, to adopt teaching schools that provide quality education to girls from marginalized communities and the underprivileged. We have sup