Niit Limited · NSE:NIITLTD
Niit — Q3 FY16 Earnings Presentation
13 slides from Niit's earnings presentation, Jan 20, 2016
Slide 1: Presentation made to Analysts and Institutional Investors
NIIT NIIT Limited 85, Sector 32 Institutional Gurgaon 122 001, India Tel: +91 (124) 4293000 Fax: + 91 (124) 4293333 Email: info@niit.com Registered Office 8, Balaji Estate, First Floor Guru Ravi Das Marg, Kalkaji New Delhi 110019, India CIN: L74899DL1981PLC015865 www niit.com January 20, 2016 1. The
Slide 2: Financial Results Q3 FY16
FINANCIAL RESULTS Q3 FY16 January 20, 2016
Slide 3: Environment
Environment • Global economic uncertainty continues. Slump in commodity prices creating risks and opportunities. Oil prices continue to head downward. • World Bank lowered its forecast for global growth by 0.4 percentage points to 2.9% on weaker than expected output in most of the world’s biggest ec
Slide 4: NIIT Growth Platforms
NIIT Growth Platforms Corporate Skills & Careers Schools MTS Beyond IT & Cloud Campus nGuru 27 global MTS Beyond IT contributes 38% Signed 38 Schools in customers vs 24 in Q3 vs 36% in Q3 FY15 Q3. Total 2,841 FY15 71% centres cloud enabled schools addressed Revenue visibility at 78% port
Slide 5: Q3'FY16: In Perspective
Q3’FY16: In Perspective Corporate Learning Group (CLG): Continued Strong performance Revenue at INR 1,586 Mn up 17% YoY; Constant currency growth @ 15% YoY; EBITDA margin at 12% (rock steady consistency) Added 1 new MTS customer; MTS now contributes 91% to CLG revenue Revenue Visibility at $ 1
Slide 6: Key Financials
Key Financials INR Mn Q3 FY'16 Q3 FY'15 YoY Q2 FY'16 QoQ Net Revenue 2,623 2,482 6% 2,725 -4% Operating expenses 2,459 2,424 1% 2,473 -1% EBITDA 164 57 185% 252 -35% EBITDA% 6% 2% 393 bps 9% -302 bps Depreciation 117 152 -23% 129 -9% Net Other Income -67 4 -71 mn -51 -16 mn Profit before Tax -21 -91
Slide 7: Business Mix
Business Mix Q3 FY16 Net Revenue Q3 FY15 Schools Schools Skills & 8% Growth 13% Careers Corporate 17% 32% Skills & Careers 3% Skills & Corporate Corporate Careers 60% Schools -33% 32% 55% NIIT 6% EBITDA Q3 FY16 Q3 FY15 Rs Mn Schools Schools 8 -15% Growth Skills & Careers Corporate +26 Mn Skills & Sk
Slide 8: Corporate Learning Group
Corporate Learning Group INR Mn Q3 FY16 Q3 FY15 YoY Q2 FY16 QoQ Net Revenues 1,586 1,360 17% 1,448 9% EBITDA 184 157 17% 170 8% EBITDA % 12% 12% 2 bps 12% -14 bps Number of MTS Customers • Revenue at INR 1,586 Mn up 17% YoY; 27 Constant currency Revenue growth at 21 24 15% YoY 14 • EBITDA consistent
Slide 9: Skills & Careers Group
Skills & Careers Group INR Mn Q3 FY16 Q3 FY15 YoY Q2 FY16 QoQ Net Revenues 828 808 3% 1,045 -21% EBITDA 5 -108 -105% 69 -93% EBITDA % 1% -13% 1,396 bps 7% -597 bps • Revenue at INR 828 Mn up 3% YoY (vs -3% in Q1 & +1% in Q2, and -12% in Q3 FY15); • Beyond-IT contributes 38% to SNC revenue vs 36% in
Slide 10: School Learning Group
School Learning Group INR Mn Q3 FY16 Q3 FY15 YoY Q2 FY16 QoQ Net Revenues 209 314 -33% 232 -10% EBITDA -25 8 -416% 14 -285% EBITDA % -12% 3% -1453 bps 6% -1786 bps • Overall revenue impacted due to planned ramp down of government school projects • Revenue from Focussed IP led private school business
Slide 11: People
People 3,021 3,028 2,942 2,927 2,786 2,732 2,705 2,695 Q4 FY14 Q1 FY15 Q2 FY15 Q3 FY15 Q4 FY15 Q1 FY16 Q2 FY16 Q3 FY16 Headcount down 27 QoQ and down 323 YoY * excludes project retainers 10
Slide 12: Share Holding Pattern
Share Holding Pattern 39% 40% 41% 43% 43% 42% 44% 43% 13% 15% 15% 13% 13% 11% 13% 13% 14% 11% 10% 11% 10% 13% 9% 10% 34% 34% 34% 34% 34% 34% 34% 34% Q4 FY14 Q1 FY15 Q2 FY15 Q3 FY15 Q4 FY15 Q1 FY16 Q2 FY16 Q3 FY16 Promoters FIIs & FPIs FIs and Mutual Funds Individuals and Corporates Percentages may n
Slide 13: Thank you
A= paiele INEXG, FRONM@ERI