3i Infotech Limited · NSE:3IINFOLTD
3i Infotech — Q1 FY2024 Earnings Presentation
29 slides from 3i Infotech's earnings presentation, Jul 31, 2023
Slide 1: Stock exchange intimation letter
July 31, 2023 BSE Limited National Stock Exchange of India Limited Sir Phiroze Jeejeebhoy Towers Exchange Plaza, 5th Floor, Dalal Street, Fort, Plot No. C-1, Block G Mumbai – 400 001 Bandra Kurla Complex, Security Code: 532628 Mumbai – 400 051 Scrip code: 3IINFOLTD Dear Sir/ Madam, Sub: Presentation
Slide 2: Q1 FY24 Investor Presentation
Q1 FY24 Investor Presentation
Slide 3: Safe Harbor
Safe Harbor This presentation has been prepared by 3i Infotech (“Company") solely for information purposes without any regard to any specific objectives, financial situations or informational needs of any particular person. This presentation may not be copied, distributed or disseminated, directly o
Slide 4: Company Overview
wa -o 3i Infotech” COMPANY OVERVIEW
Slide 5: About Us
About Us We deliver a seamless end-to-end digital experience 25 + Years of Industry Experience 80+ Fortune 500 Companies 9 Delivery Centers 75%+ Return Clients Key Sectors BANKING& HEALTH CARE & MANUFACTURING & FINANCIAL INSURANCE ENTERPRISE SERVICES GLOBAL MANAGED SERVICES DELIVERED ON A SECURE ORA
Slide 6: 3i Infotech – Transformed to Transform You
3i Infotech – Transformed to Transform You 15+ Countries OLD 3i Infotech 2010- 2020- 1993 2005 2015 2021 ~$100 Mn (FY 22-23) Born out of ICICI (one of Listed on both Indian Acquired & built multiple Company Restructuring - the largest banks in India) Stock Exchanges NSE & products in the BFSI Space
Slide 7: Our Services, Platforms & Solutions
Our Services, Platforms & Solutions IT Services APPLICATION, TESTING & INFRA SERVICES IOT, 5G NEXTGEN SERVICES DATA & ANALYTICS, DIGITAL TRANSFORMATION & DIGITAL COMMAND CONSULTING CENTER CLOUD, EDGE COMPUTING, BUSINESS PROCESS SERVICES, SASE OPERATIONS TRANSFORMATION BPAAS, KPAAS, GRC BLOCKCHAIN Pl
Slide 8: Our Global Foot Print
Our Global Foot Print NORTH AMERICA CANADA • US – New Jersey (Toronto & British Columbia) UK EUROPE NETHERLANDS • UK - London INDIA • Netherlands - Amsterdam (Mumbai, Delhi, Bengaluru, New Jersey, US UAE Chennai, Hyderabad) SAUDI ARABIA SOUTH ASIA & APAC THAILAND • India - Mumbai, Delhi, Bengaluru,
Slide 9: Our Differentiators
Our Differentiators Superior Technology Stack Edge Computing with SaSe products 5G, IoT, Block chain Ease of Working with 3i Non-Intrusive Technology Solution ROI on Day 1 of engagement “Try & Buy” We build on the top of existing systems Flexibility “No CAPX Only OPEX” Redevelopments of exiting tech
Slide 10: Aim - Becoming A Billion Dollar Company
Aim 30 - Becoming A Billion Dollar Company NEXTGEN TECHNOLOGY SERVICES FIRM OUR GOAL VISION MISSION GOAL To be a value driven billion $ “ “ To be a trusted global one-stop, organization committed towards “ digital transformation partner that Organic revenue growth to 1 customers, people and stakehol
Slide 11: Becoming A Billion Dollar Company
Becoming A Billion Dollar Company 5 Setting New Standards 4 Dominate & Lead ▪ Cannibalize revenues by automation to defend 3 Accelerate & Break Away ▪ ▪ ▪ Eliminate competition by aggressive right pricing Enhance onshore / country specific service model Deliver convergence of services / product/ sol
Slide 12: 3i Management Team
3i Management Team THOMPSON GNANAM MD, Global CEO Rangapriya Harish Shenoy Sax Krishna Sushant Purushan Nilesh Gupta Ranjit B Kalyan K Sanjay Rawa TS Mohan Varika Rastogi Goutham Chief Operating Chief Operating Chief Operating Chief Cloud Chief Sales Chief Marketing Chief Business Chief Financial Ch
Slide 13: Financial Performance
wa -o 3i Infotech” FINANCIAL PERFORMANCE
Slide 14: Management Comments
Management Comments “Commenting on the Q1 FY24 results, Mr. Thompson P. Gnanam, Managing Director, and Global CEO, of 3i Infotech Limited, said: “We are pleased to report revenue growth of 8.5% year on year, driven by a consistent effort to establish new services under the NuRe brand and to expand i
Slide 15: Revenue Highlights
Revenue Highlights REVENUES (INR Cr) YoY REVENUE GROWTH % QUARTERLY REVENUE TREND (INR Cr) 194.4 190.5 194.4 179.2 8.5% 179.2 Q1 FY23 Q4 FY23 Q1 FY24 Q1 FY23 Q1 FY24 Q1 FY24 BY LOB (INR Cr) Q1 FY24 BY REGION (INR Cr) Q1 FY24 BY INDUSTRY (INR Cr) GOVERNMENT , IMS, BPS, 25.8 17.3 31.4 INDIA , IT , 54.
Slide 16: Q1 FY24 - Highlights
Q1 FY24 - Highlights INR Cr Q1 FY24 Q4 FY23 Q1 FY23 QoQ YoY SUMMARY Revenue 194.4 190.5 179.2 2.1% 8.5% ➢ Q1 FY24 revenues of Rs.194.4 Cr increased by YoY Direct cost 154.5 153.5 151.0 8.5% with Gross Margin of 16.5% and PBT of Rs. Indirect cost 7.9 6.5 8.5 (11.2) Cr GM 32.0 30.4 19.7 5.1% 62.8% ➢ C
Slide 17: Revenue by Region
Revenue by Region Q4 FY23 Q1 FY24 Region Direct + Direct + (INR Cr) Revenue Indirect GM% Revenue Indirect GM% Cost Cost INDIA 75.9 63.0 17.0% 81.5 69.0 15.4% US 90.7 75.3 17.0% 85.4 72.0 15.7% APAC 5.8 4.9 14.8% 7.3 4.8 33.7% EMEA 17.8 16.7 5.8% 20.1 16.5 18.0% UK 0.3 0.1 76.7% 0.1 0.1 -59.8% Total
Slide 18: Revenue By Line Of Business
Revenue By Line Of Business Q4 FY23 Q1 FY24 Direct Direct INR Cr Revenue Cost GM% Revenue Cost GM% AAA 130.4 106.9 18.1% 128.2 107.1 16.4% IMS 29.7 26.4 11.1% 31.4 26.3 16.3% BPS 28.9 29.5 -1.9% 25.8 22.5 12.6% CloudFirst 4.3 4.8 -12.3% 6.8 4.8 29.2% Others -2.74 -7.5 - 2.2 1.7 25.4% Total 190.6 160
Slide 19: Revenue By Client Category & Industry
Revenue By Client Category & Industry Q4 Q1 Client Count FY 23 FY24 SUMMARY Number of ➢ In Q1 FY24, 22 accounts (5.5% of total) Clients 413 397 contributes to the “1 Mn+” and “500K-1 1 MN + 22 22 Mn” revenue categories respectively 500K-1 MN 19 22 ➢ 353 accounts (88% of total accounts) 100-500K 197
Slide 20: Revenue by Top Clients
Revenue by Top Clients % Contribution to Revenue Category Total Revenue Q4 FY23 Q1 FY24 Q4 FY23 Q1 FY24 Top 5 29.7 32.0 15.6% 16.5% Top 10 51.2 54.2 26.9% 27.9% Top 20 78.7 81.1 41.3% 41.7% Clients Analysis ✓Our Top 20 clients in Q1 FY24 contributed Rs.81.1 Cr which is 41.7% of our total revenues ✓T
Slide 21: Trend: Volume (Run) / Value (Grow)
Trend : Volume (Run) /Value (Grow) Estimated Rev. INR Crs FY20-21 FY21-22 FY22-23 FY23-24 KEY POINTS RUN 608.6 604.3 624.8 649.2 GROW - 72.6 104.4 211.2 Total 608.6 676.9 729.1 860.3 * ➢ RUN (Inherited) grew from Rs. 608.9 Cr in FY20-21 to Rs. 624.8 % Growth FY20-21 FY21-22 FY22-23 FY23-24 Cr in FY2
Slide 22: P&L Statement (As Reported)
P&L Statement (As Reported) (Rupees in Lakhs) Quarter Ended Year Ended Particulars (30-06-2023) (31-03-2023) (30-06-2022) (31-03-2023) (Unaudited) (Audited) (Unaudited) (Audited) I Revenue from Operations 19,438 19,046 17,922 72,911 II Other Income 3 357 87 880 III Total Income (I+II) 19,441 19,403
Slide 23: Business Strategy & Plan
wa -o 3i Infotech” Business Strategy & Plan
Slide 24: Organization Priorities
Organization Priorities Execution Delivering QoQ profitable operating margins and ensuring predicable business 01 Excellence model for our shareholders Rebrand & 02 Reposition Build our value business brand “NuRe” in both services and products along with our 3i brand People Centricity – Drive perfor
Slide 25: Organization – Business Structure By Offerings
Organization – Business Structure By Offerings Services Product/Platforms Professional Volume Value Business Unit Product/Platform Services Enterprise Digital Business PS NuRe NxtGen Services NuRe MediaTech Services Services ➢ AAA, ➢ Edge EdgeTech, ➢ Digital IMS, Computing, FutureTech, ➢ ADMS, ➢ Con
Slide 26: Organization Design
Organization Design Clients USA UK UAE KSA INDIA THAILAND MALAYSIA SINGAPORE GROW ORGANIZATION – GEO & INDUSTRY ALIGNED-Driving Net new revenue growth BFS INSURANCE TME GOVT./ PSU ENERGY & UTIL. HEALTHCARE AGRITECH MAFG. Prof. Services Human Capital Management (HCM) VOLUME Enterprise Services ADMS,
Slide 27: NBN: Overview
NBN : Overview Indian Rail Framework Captive WiFi Opportunity ➢ 4th largest network in the world ➢ Captive wifi passengers across 6109 Railway Stations ➢ Largest in Asia ➢ 54 Mn Monthly active wifi users ➢ Covers 68,103 Kms ➢ 85 Mn sessions monthly ➢ 6109 Railway Stations ➢ 4028 TB of data consumed
Slide 28: Thank You
Corporate Headquarter: 3i Infotech Inc., 450 Raritan Center Parkway, Suite B Edison, NJ, USA, Tel:+1 732 710 4444 / 08837-3944 Registered Office: 3i Infotech Ltd. Tower # 5, 3rd to 6th Floors, International Infotech Park, Thank You Vashi, Navi Mumbai - 400703 marketing@3i-infotech.com www.3i-infotec
Slide 29: Glossary
Glossary IBR : India Business Region PS : Professional Services ES : Enterprise Services VBU : Value Business Unit AAA : Application Automation Analytics AI : Artificial Intelligence SASE : Secure Access Service EDGE IMS : Infrastructure Management Services IoT : Internet of Things HCM : Human Capit