R Systems International Limited · NSE:RSYSTEMS
R Systems International — Q4 2014 Earnings Presentation
15 slides from R Systems International's earnings presentation, 2015
Slide 1: Analytical Review of Q4 & Year-2014 Results
Analytical Review of Q4 & Year-2014 Results 1
Slide 2: Disclaimer
Disclaimer “Investors are cautioned that this presentation contains forward looking statements that involve risks and uncertainties. The Company undertakes no obligation publicly to update or revise any forward‐looking statements, whether because of new information, future events, or otherwise. Actu
Slide 3: Key Highlights – Year 2014
Key Highlights – Year 2014 • Year 2014 Consolidated revenue Rs. 648.50 crores (US$ 106.27 mn). YoY increase of 8.80 %. • EBITDA Rs. 90.05 crores (US$ 14.76 mn). YoY increase of 14.50 %. • PAT Rs. 78.13 crores (US$ 12.80 mn). YoY increase of 48.27 %. • Profit after tax includes exceptional profit (ne
Slide 4: Key Highlights - Year 2014 (Continues…)
Key Highlights ‐ Year 2014 (Continues…) • Telecom and Digital Media continues to be our largest industry vertical with 33.71% share of revenues followed by BFSI which accounts for 15.10% during the year 2014. • Served 27 million dollar plus customers. • Added over 20 marque clients across all busine
Slide 5: Key Highlights – Q4 2014
Key Highlights – Q4 2014 • Q4‐2014 Consolidated revenue Rs. 163.05 crores (US$ 26.31 mn). • EBITDA Rs. 22.08 crores (US$ 3.56 mn). • Profit after tax Rs. 31.63 crores (US$ 5.14 mn). • Completed the sale of Europe BPO Business comprising of its 100% holding in R Systems Europe B.V., Netherlands and R
Slide 6: Financial Performance - Contribution Analysis – Q4 2014
Financial Performance ‐ Contribution Analysis – Q4 2014 # Exceptional Items consists of: - Rs. 224.02 mn (US$ 3.67 mn) in quarter ended December 31, 2014 represents profit on sale of Europe BPO Business. - Rs. 26.09 mn (US$ 0.43 mn) in quarter ended September 30, 2014 represents transfer of proporti
Slide 7: Gross Margins Analysis Q4-14 Vs Q3-14
Gross Margins Analysis Q4‐14 Vs Q3‐14 Movement in Gross Margin % Q4‐14 Vs Q3‐14 Gross Margin % in Q3‐14 37.86 Impact of lesser billable days (0.99) Impact of decrease in licensing revenue (0.55) Impact of decrease in utilization (0.54) Increase in travel and other COGS (0.16) Gross Margin % in Q4‐14
Slide 8: Financial Performance - Contribution Analysis – Year 2014
Financial Performance ‐ Contribution Analysis – Year 2014 (Figures in mn, except per share data) # Exceptional Items for the year 2014 consists of: - Rs. 224.02 mn (US$ 3.67 mn) profit on sale of Europe BPO Business. - Rs. 26.09 mn (US$ 0.43 mn) on account of transfer of proportionate currency trans
Slide 9: Gross Margins Analysis Year 2014 Vs 2013
Gross Margins Analysis Year 2014 Vs 2013 Movement in Gross Margin % Gross Margin % in 2013 36.76 Impact of increase in utilization 1.10 Impact of increase in licensing revenue 0.44 Impact of rupee depreciation 0.43 Impact of change in COGS salary (2.45) Gross Margin % in 2014 36.28 9
Slide 10: Revenues and Margins, Historical Trend
Revenues and Margins, Historical Trend Rs in Crores % 10
Slide 11: Consolidated Key Balance Sheet Data
Consolidated Key Balance Sheet Data Rupees in Crores except “DSO” As at Dec 31, As at Dec 31, 2014 2013 Share Holders’ Funds 213.11 231.76 Receivables 125.08 104.09 Receivables in days “DSO” 55 56 Cash & Bank * 109.82 111.52 Fixed Assets 41.58 46.30 * Excluding money kept in escrow account for inter
Slide 12: Yearly Revenue Break-Down By Geography, Client Concentration
Yearly Revenue Break‐Down By Geography Client Concentration * South East Asian Countries 12
Slide 13: Billable Head Count and Utilization
Billable Head Count and Utilization Q4‐2014 headcount is after excluding 124 associates of Europe BPO 13
Slide 14: Summing Up and Looking Ahead
Summing Up and Looking Ahead • Satisfactory performance in 2014 with profitable growth. • Year 2015 looks promising on the back of strong sales funnel across all businesses. • Rupee depreciation is helping our margins. We continue to follow our hedge policy to mitigate currency risk. • Continuous Fo
Slide 15: Thank You For Your Support
Contact Information Nand Sardana Chief Financial Officer Tel # 0120 – 4303506 Fax # 0120 – 4082699 Email: nand.sardana@rsystems.com Kumar Gaurav Ashish Thakur GM Finance & Accounts Company Secretary & Compliance Officer Tel # 0120 - 4082650 Tel # 0120 - 4082633 Fax # 0120 – 4082699 Fax # 0120 – 4082
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