Niit Limited · NSE:NIITLTD
Niit — Q2 FY18 Earnings Presentation
12 slides from Niit's earnings presentation, Oct 25, 2017
Slide 1: Financial Results Q2 FY18
FINANCIAL RESULTS Q2 FY18 October 25, 2017
Slide 2: Environment
Environment • IMF increased its forecast for Global GDP growth to 3.6% in 2017 and 3.8% in 2018. However risks remain due to policy uncertainty and increased protectionism (IMF), and fragile macro-economic environment and volatile forex rates & commodity prices continue to impact pace of decision ma
Slide 3: NIIT Growth Platforms
NIIT Growth Platforms Corporate Skills & Careers Schools MTS Digital Transformation nGuru (DT) 38 global MTS 3 DT courses. 109 School contracts vs customers vs 36 in Q1 cumulative 4,262 103 in Q2 FY17 FY18 enrolments Go forward Focussed IP Revenue visibility at Beyond IT contributes led
Slide 4: Q2 FY18: In Perspective
Q2 FY18: In Perspective Overall NIIT • Revenue at INR 2,084 Mn; down 7% YoY; Constant currency Revenue from Go forward Business flat YoY • EBITDA at INR 178 Mn (9%); up 77 bps QoQ and down 42 bps YoY • Sustained improvement in PAT. PAT at INR 127 Mn vs INR 108 Mn in Q2 FY17 • Strong Balance sheet. C
Slide 5: Key Financials
Key Financials INR Mn Q2 FY18 Q2 FY17 YoY Q1 FY18 QoQ System wide Revenue 3,367 3,594 -6% 3,587 -6% Net Revenue 2,084 2,238 -7% 2,099 -1% Operating expenses 1,906 2,038 -6% 1,936 -2% EBITDA 178 200 -11% 163 9% EBITDA% 9% 9% -42 bps 8% 77 bps Depreciation 104 119 -13% 102 2% Net Other Income -55 -49
Slide 6: Revenue Mix
Revenue Mix Q2 FY18 Revenue Mix - Biz Q2 FY17 Schools Online Schools 4% 1% Growth 8% Skills & Careers Corporate 10% Corporate Skills & 51% 34% Skills & Careers -22% Careers Corporate 41% 61% Schools -49% Online 1264% NIIT -7% Q2 FY18 Q2 FY17 Revenue Mix - Geo Rest of Rest of World India World 8% Gro
Slide 7: Corporate Learning Group
Corporate Learning Group INR Mn Q2 FY18 Q2 FY17 YoY Q1 FY18 QoQ Net Revenues 1,263 1,145 10% 1,175 7% EBITDA 196 177 11% 172 14% EBITDA % 16% 15% 6 bps 15% 92 bps • Revenue up 14% YoY in Constant currency • Best ever Qtr for Order Intake & Customer addition results in Order Intake of $ 32.9 Mn up 94
Slide 8: Skills & Careers Group
Skills & Careers Group INR Mn Q2 FY18 Q2 FY17 YoY Q1 FY18 QoQ Net Revenues 714 909 -22% 681 5% EBITDA 19 29 -35% 3 437% EBITDA % 3% 3% -56 bps 1% 210 bps • India business impacted because of hiring & training slowdown in BFSI, delayed decision making in China and delays due to transition to GST fram
Slide 9: School Learning Group
School Learning Group INR Mn Q2 FY18 Q2 FY17 YoY Q1 FY18 QoQ Net Revenues 93 183 -49% 232 -60% EBITDA -21 5 -540% 18 -222% EBITDA % -23% 3% -2555 bps 8% -3047 bps • Overall revenue impacted due to planned ramp down of government school projects • Revenue from Go Forward IP led private school busines
Slide 10: People
People 2,533 2,466 2,443 2,425 2,342 2,262 Q1 FY17 Q2 FY17 Q3 FY17 Q4 FY17 Q1 FY18 Q2 FY18 Headcount up 163 QoQ and down 108 YoY * excludes project retainers 10
Slide 11: Share Holding Pattern
Share Holding Pattern 43% 40% 40% 43% 39% 38% 14% 13% 10% 10% 12% 10% 10% 12% 13% 13% 17% 17% 34% 34% 34% 34% 34% 34% Q1 FY17 Q2 FY17 Q3 FY17 Q4 FY17 Q1 FY18 Q2 FY18 Promoters FIIs & FPIs FIs and Mutual Funds Individuals and Corporates Percentages may not add to 100% due to rounding 11
Slide 12: Thank you
Nir doit = SA —— ROUTE training, nguru Thank you . Bury Al NIIT fe >