R Systems International Limited · NSE:RSYSTEMS
R Systems International — Q4 2018 Earnings Presentation
16 slides from R Systems International's earnings presentation, Mar 5, 2019
Slide 1: Submission of presentation made to analysts/investors
- . -- R SYSTEMS INTERNATIONAL LIMITED Corporate Identity Number: L74899DL1993PLC053579 -- [CMMI Level 5, PCMM Level 5, ISO 9001:2008 & ISO 27001:2005 Company] = '4U-ii4~~1 - - Caring - Innovating - Transforming C-40, Sector-59, NOIDA, Distt. Gautam Budh Nagar, U.P. lndia-201307 Phones: +91-120-4303
Slide 2: Analytical Review - Q4 & Year 2018 Results
- Cor'ng - lrinova<:ng - Tronsformi'lg Analytical Review - Q4 & Year 2018 Results xso ~,,,, 9001 2015 : 27001:2013 ,~ . cMM1 0Ev 1s a PCMM/ s
Slide 3: Disclaimer
Disclaimer ■ II "Investors are cautioned that this presentation contains forward looking state_m ents that involve risks and uncertainties. The Company undertakes no obligation publi"cly to update or revise any forward-looking statements, whether because of new information, future events, or otherwi
Slide 4: Key Highlights Q4 2018
- // Key Highlights Q4 2018 • ■ • c...: ·- -- - - - ~ - - - -~ - - - ~- ----------J ~ R~venue ~ EBITDA ~ 192.45 Cr (US$ 26.84 mn) :{ 18.24 Cr (US$ 2.57 mn) ■ Q4 2018 • Q3 2018 Q4 2017 m QoQ Increase YoY Increase ..,. Cl0 • 0 . .-1 er, ,--i ,... .-< ui 3.25% 23.75% (0.48% in US$) (11.77% in US$) EBIT
Slide 5: Key Highlights Year 2018
// Key Highlights Year 2018 •• ~ Revenue ~EBITDA ~ 699.89 Cr fUS$ 102.47 mn) ~ 57.73 Cr (US$ 8.46 mn) ■ Year 2018 _ Year 2017 II\ YoY Increase N co 00 '°I.I\ 18.10% (12.59% in US$) EB IT D A REV ENUE% ,-------------------- ,-------------,1 ~ Profit After Taxes Key Wins 1 Associates Added ~ 51.04 Cr
Slide 6: Key Highlights (Continues...)
// Key Highlights (Continues ... ) fj ■ [J ■ Reported Record INR Revenue of~ 700 Cr. in Vear-2018. Telecom and Digital Media contributed ~25% share of revenues. Serving 21 million dollar plus customers on run rate basis. Added 18 key wins during the year. 0 Net Addition of 400 associates over the ye
Slide 7: Financial Performance - Contribution Analysis - Q4 2018
Financial Perform·ance - Contribution Analysis - Q4 2018 ■ II ■ ~ - Particulars Q4 2018 Q4 2017 Q3 2018 ll~R US$ INR US$ INR · US$ Revenues 1,924.53 26.84 1,555.23 24.01 1,863.95 26.71 Cost of revenues 1,269.06 17.68 1,082.37 16.71 1,225.97 17.54 Gross margin 655.47 9.16 472.86 7.30 637.98 9.17 34.0
Slide 8: Revenue & Gross Margins Analysis - Q4 2018
- // Revenue & Gross Margins Analysis - Q4 2018 • 0 [~ 3.25 ~o {0.17) % Increase in Revenue Decrease -in Gross Margin Resulted from: Resulted from: Rupee depreciation Impact of Lesser billable days primarily against USO (0. 72}'7o 2.19'}o Impact due to rupee Volume Impact depreciation 1.06'}o 0.55'}
Slide 9: Financial Performance - Contribution Analysis - Year 2018
// Financial Performance - Contribution Analysis - Year 2018 •• (Figures in mn) Particulars Year 2018 Year 2017 INR US$ INR US$ Revenue 6,998.89 102.47 5,926.38 91.01 Cost of revenue 4,702.17 68.84 4,137.23 63.53 Gross margin 2,296.72 33.63 1,789.15 27.48 32.82% 30.19% SG&A Expenses 1,719.46 25.17 1
Slide 10: Revenue & Gross Margins Analysis - Year 2018
// Revenue & Gross Margins Analysis - Year 2018 • . ~ - - - - - - - - ---- :· REVENUES [ ~~ $. s 18.10 % 2 ..63 l}o Increase in Revenue Increase in Gross Margin Resulted from: Resulted from: Volume Impact Rupee Depreciation 2. 74'}o 11. 734},o Impact due to increase in Impact due to Rupee utilizatio
Slide 11: Big Picture - Revenue & EBITDA %age
1 l Big Picture - Revenue & EBITDA %age • II ■ 220.00 -- ~ -- - - - 12.00 11.03 - - 200.00 - ~ ~~J~-~J 180.00 - ~q '---- 10.00 155.52 160.00 147.92 - -- 152.20 144.30 144.89 140.00 . I I 7n/ I Ii I I 8.00 rr. ~ 120.00 ;., ... 100.00 0 (..> I I / 'L I I ~ I / ,1 I I I I 6.00 % ....= tlY' 80.00 I .-..
Slide 12: Consolidated Key Balance Sheet Data
// Consolidated Key Balance Sheet Data ■ ■ , in Crores except "DSO" - .. · - .. ___ - ,.·>F~~ As at Dec 31, 2018 .As at Dec 31, 201:!~ - - -.,_~ ----' --- - ·--·-=- Share Holders' Funds 322.90 270.87 Receivables 136.55 120.76 Receivables in days "DSO" for the quarter 67 68 Cash & Bank' 199.84 162.68
Slide 13: Billable Head Counts and Utilization
// Billable Head Counts and Utilization ■ ■ -------- 2,379 79.3% 78.8% 78.8% 2,352 2,400 2,000 60.0% 1,600 1,200 40.0% 800 20.0% 400 OJ)% Q4-17 Q1-18 Q2-18 Q3-18 Q4-18 Q4-17 Q1-18 Q2-18 Q3-18 Q4-18 www.rsys.tems.com 12
Slide 14: Revenue Breakdown
// Revenue Breakdown ■ ■ ■ • By Geography Client Concentration - 100% 90% I t~ I 3.2w 13-~% I l ~-W f~.n,; I -( 33.4% 36.1% 35.8% 36.4% - 35.2% 80% I 23.3t I lj laBj 18.41 1-J 19.6% J 30.0% V I I 23.3% 24.1% 24.0% I 23.2% 7r:ffo 20.7 17.S 16.9 7.l.% I 21.s% ...J r 18.7 60% 20.0% ~ 16.7% 16.5% 16.5%
Slide 15: Summing Up and Looking Ahead
// Summing Up and Looking Ahead 1111! ■ • Strong performance in 2018 with healthy revenue growth and margin improvement. Our investment in digital technologies is yielding visible results. I ~ lnnovizant acquisition has strengthened R Systems' digital practice with its niche advance data analytics c
Slide 16: Contact Information
// Contact Information II ■ ■ and Sara a1 a Chief Financial Officer Tel # 0120 - 4303506 Email: nand.sardana@rsystems.com Bhasker Dubey AVP Finance & Accounts Company Secretary & Tel # 0120 - 4082650 Compliance Officer Email: kumar.gaurav@rsystems,com Tel # 0120 - 4082633 hank You Email: bhasker.dub
R Systems International — Q4 2018 Earnings Presentation on 6ix