Mindteck (india) Limited · NSE:MINDTECK
Mindteck (india) — Q3 FY2019 Earnings Presentation
22 slides from Mindteck (india)'s earnings presentation, Feb 14, 2019
Slide 1: Cover letter: submission of financial results and board meeting outcome
Mindteck (India) Limited (CIN: L30007KA1991PLC039702) AMR Tech Park, Block 1, 3rd Floor #664, 23/24, Hosur Road, Bommanahalli Bengaluru - 560068. India Tel: +91 80 4154 8000/4154 8300 Fax: +91 80 4112 5813 www.mindteck.com Ref: MT/SSA/2018-19/25 Scrip Code: 517344 February 14, 2019 Symbol: “Mindteck
Slide 2: Unaudited standalone financial results, quarter and nine months ended Dec 2018
MINDTECK (INDIA) LIMITED. R TECH PARK, BLOCK I, 33RD FLOOR, # 664, 23/24, HOSUR MAIN ROAD BOMMANAHALLI, BANGALORE 560 068 CEN: L30007KA 199 1PLCG39702 STATEM ENDED DECEMBER 31, 2018 UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER AND NINE MONTHS ARe_ mn Lokits, except per shate data) Year to
Slide 3: Notes to standalone financial results
'K (INDEA) LIMITED H PARK, BLOCK 1, 3RD FLOOR, # 664, 23/24, HOSUR MAIN ROAD BOMMANAHALLI, BANGALORE 560 068 30007KA1991PLC039702 INANCIAL RESULTS FOR THE QUARTER AND NINE MONTHS: DECEMBER 31, 2018 The above statement of unaudited standalone financial results (the Statement’) of Mindieck (India) Lim
Slide 4: Unaudited consolidated financial results, quarter and nine months ended Dec 2018
MINDTE {ENDIA) LIMITED AMR TECH PARK, BLOCK I, 3RD FLOOR, 4 664, 23/24, HO! BOMMANAHALLI, BANGALORE 560 068 € LS0G07K A 1991 PLC039702 ‘T OF UNAUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER AND NINE MONTHS ENDED DECEMBER 31, 2018 R MAIN ROAD (Rs_ on Lakhs, ewept per shave datas ended Year to
Slide 5: Notes to consolidated financial results
MINDTECK (INDIA) LIMITED. A.M.R TECH PARK, BLOCK I, 3RD FLOOR, # 664, 23/24, HOSUR MAIN ROAD. BOMMANAHALLI, BANGALORE 560 068 CIN:L30007K A199 PLC039702 TOF UNAUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER AND NINE MONTHS ENDED DECEMBER 31, 2018 STATEM! Notes : ‘The above statement of unaudi
Slide 6: Limited review report on standalone financial results
S.R. BATLIBOI & ASSOCIATES LLP Chartered Accountants Limited Review Report on Quarterly and Year to Date Standalone Financial Results of Mindteck (India) Limited pursuant to the Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 Review Report to The Board of
Slide 7: Limited review report on consolidated financial results
S.R. BATLIBOI & ASSOCIATES LLP "UB ety" Caner Chartered Accountants Limited Review Report on Quarterly and Year to Date Consolidated Financial Results of Mindteck (India) Limited pursuant to the Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 Review Repor
Slide 8: Mindteck Investor Presentation, Third Quarter Ended December 31, 2018
Mindteck Investor Presentation THIRD QUARTER ENDED DECEMBER 31, 2018 February 14, 2019
Slide 9: Safe Harbor
Safe Harbor Certain statements in this release concerning our future growth prospects may be 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 statements. The risks and uncertainties r
Slide 10: Financial Performance
Financial Performance www.mindteck.com 3
Slide 11: Performance Highlights
Performance Highlights Q3 2018-19: ➢ USD Revenue at $10.05 million, dip of 4.6% QoQ and 9.8% YoY. ➢ INR Revenue at ₹700.5 million, dip of 5.99% QoQ and 2.4% YoY. ➢ EBITDA at ₹(6.8) million as against ₹13.98 million in September 2018 & ₹6.66 million in December 2017. ➢ Profit After Tax ("PAT") at ₹(1
Slide 12: Performance Summary: Sequential Q3 vs Q2
Performance Summary SEQUENTIAL Q3 FY 19 Vs. Q2 FY 19 (Unaudited) Amount in ₹ million SL # Particulars Q3 19 Q2 19 Change % 1Income: a) Revenue 701 745 (6)% b) Other income 3 15 (83)% Total Income (a+b) 703 761 (8)% 2Expenses: a) Cost of hardware, software and technical sub-contractors 123 119 3% b)
Slide 13: Performance Summary: YoY Q3 vs Q3
Performance Summary YoY Q3 FY 19 Vs. Q3 FY 18 (Unaudited) Amount in ₹ million SL # Particulars Q3 19 Q3 18 Change % 1Income: a) Revenue 701 717 (2.4)% b) Other income 3 4 (28.8)% Total Income (a+b) 703 721 (2.5)% 2Expenses: a) Cost of hardware, software and technical sub-contractors 123 129 (4.1)% b
Slide 14: Performance Summary: YoY nine months FY vs FY
Performance Summary YoY FY 19 Vs. FY 18 (Unaudited) Amount in ₹ million SL # Particulars Q3 FY 19 Q3 FY 18 Change % 1Income: a) Revenue 2,191 2,249 (2.6)% b) Other income 23 16 40.5% Total Income (a+b) 2,214 2,265 (2.3)% 2Expenses: a) Cost of hardware, software and technical sub-contractors 363 424
Slide 15: Mindteck Fact Sheet
Mindteck Fact Sheet www.mindteck.com 8
Slide 16: Fact Sheet: Financial Performance Highlight
Fact Sheet FINANCIAL PERFORMANCE HIGHLIGHT In ₹ Million Growth % Particulars Q3 2019 Q2 2019 Q3 2018 FY 18 QoQ YoY Reveue 701 745 717 (5.99)% (2.4)% 2,968 EBITDA (7) 14 7 (148.6)% (202.0)% 13 PAT (12) 9 4 (237.4)% (400.1)% (57) In $ Million Growth % Particulars Q3 2019 Q2 2019 Q3 2018 FY 18 QoQ YoY
Slide 17: Fact Sheet: Geography
Fact Sheet REVENUE METRICS Q3 2019 Q2 2019 Q3 2018 FY 18 Geography USA 71% 70% 73% 72% IMEA 6% 7% 6% 6% Europe 10% 8% 7% 7% APAC 13% 14% 14% 14% Q3 2019 Q2 2019 Q3 2018 FY 18 Delivery Centers USA 71% 70% 72% 72% India 4% 6% 3% 4% Singapore 7% 8% 10% 9% Malaysia 6% 6% 5% 5% UK 6% 7% 6% 6% Germany 4%
Slide 18: Revenue Mix - Business Offerings
Fact Sheet REVENUE METRICS Q3 2019 Q2 2019 Q3 2018 FY 18 Revenue Efforts Mix - Onsite 67% 65% 72% 72% Offshore 33% 35% 28% 28% Q3 2019 Q2 2019 Q3 2018 FY 18 Revenue Mix - Offerings Business Talent Management 60% 58% 62% 62% Product Engineering 24% 25% 24% 24% Information Technology Services 15% 16%
Slide 19: Client and Employee Metrics
Fact Sheet CLIENT METRICS Q3 2019 Q2 2019 Q3 2018 FY 18 Clients Top 5 63% 62% 72% 72% Top 10 79% 75% 80% 79% Q3 2019 Q2 2019 FY 18 Other details No of Clients 83 87 115 1 Mn + 3 3 3 5 Mn + 1 1 1 10 Mn + 1 1 1 EMPLOYEE METRICS Q3 2019 Q2 2019 FY 18 PEOPLE Total Headcount 1,035 1,059 1,052 Technical 8
Slide 20: Contact: Prashanth Idgunji, CFO
If you have any questions, or need assistance, please contact: Mr. Prashanth Idgunji Chief Financial Officer Telephone: +91 80 4154 8002 Email: Prashanth.Idgunji@mindteck.com www.mindteck.com © 2018 Mindteck. All Rights Reserved. INVPPT-Q318-021318
Slide 21: Press release: Mindteck Reports Q3 Financial Results
Mindteck (India) Limited (CIN: L30007KA1991PLC039702) AMR Tech Park, Block 1, 3rd Floor #664, 23/24, Hosur Main Road Bommanahalli, Bengaluru - 560068. India Tel: +91 80 4154 8000/4154 8300 Fax: +91 80 4112 5813 www.mindteck.com FOR IMMEDIATE RELEASE Mindteck Reports Financial Results for the Third Q
Slide 22: About Mindteck
www.mindteck.com About Mindteck Mindteck, a global technology company established in 1991, provides Product Engineering solutions and Information Technology services to top-tier Fortune 1000 companies, start-ups, leading universities, and government entities. The company is among a select group of g