Coforge Limited · NSE:COFORGE

Coforge — NIIT Technologies — Q3 FY2014 Earnings Presentation

16 slides from Coforge's earnings presentation, Jan 14, 2014

  1. Slide 1: Financial Performance – Q3FY14

    NIIT Technologies Financial Performance – Q3FY14 Jan 14, 2014 © 2014 NIIT Technologies

  2. Slide 2: Outline

    Outline  Financial Highlights  Business Update  Financial Statements • Income Statement • Balance Sheet  Business Analysis  Shareholding Pattern © 2014 NIIT Technologies

  3. Slide 3: Financial Highlights – Q3FY14

    Financial Highlights – Q3FY14  Consolidated Revenues at Rs 5873 Mn – Up 14.2 % YoY, Flat QoQ – Services business up 3.6% in constant currency  Operating profits at Rs 957 Mn – Up 8.0% QoQ, Up 17.8 % YoY – Operating Margins at 16.3%, Up 120 bps QoQ, Up 50 bps YoY  Net Profits at Rs 531 Mn – Down 1

  4. Slide 4: Business Highlights for Q3FY14

    Business Highlights for Q3FY14 • BFSI Up 8.2% QoQ, Contributes 35% (LQ 33%)  Strong Growth in Top Client  Growth in US mid sized accounts  1 New client added • Transport Up 2.3% QoQ, Contributes 38% (LQ 37%)  Growth in EMEA accounts  1 New client added • Manufacturing/Distt. Up 6.7% QoQ, Contri

  5. Slide 5: Acknowledgements during the Quarter

    Acknowledgements during the Quarter • NIIT Technologies was conferred ‘Fortune at the Bottom of the Pyramid’ award for the Agro Commodity Board Mobility solution at the Aegis Graham Bell awards 2013. • The Company has been featured in the Global Services 100- 2013 list- a set of companies that defin

  6. Slide 6: Consolidated Qtrly Income Statement

    Consolidated Qtrly Income Statement INR Mn. Particulars (INR Mn) Q3FY14 Q2FY14 QoQ% Q3FY13 YoY% Gross Revenues 5,873 5,873 0.0% 5,144 14.2% Direct Cost 3,758 3,893 -3.5% 3,383 11.1% Gross Profit 2,115 1,980 6.8% 1,761 20.1% GM% 36.0% 33.7% 230 Bps 34.2% 179 Bps Selling / General And Administration 1

  7. Slide 7: Balance Sheet

    Balance Sheet INR Mn. As at Dec As at Sep As at Dec As at Dec As at Sep As at Dec Particulars Particulars 31 2013 30 2013 31 2012 31 2013 30 2013 31 2012 Equity 606 604 602 Net Block 4,607 4,690 4,490 Reserves & Surplus 12,495 11,797 10,387 Capital Work in Progress 816 436 79 Current Assets NET Wort

  8. Slide 8: Geography Mix

    Geography Mix Q3 FY'14 Q2 FY'14 RoW RoW 18% 23% America 41% America 44% EMEA EMEA 38% 36% Q3FY14 • Growth in US and EMEA • Decline in RoW due to reduced Govt biz © 2014 NIIT Technologies

  9. Slide 9: Vertical Mix

    Vertical Mix Q2 FY'14 Q3 FY'14 Others Others 14% 14% Govt. Govt. BFSI 6% Mfg & Dist. BFSI 10% 33% 7% 35% Mfg & Dist. 6% Transportatio Transportation n 37% 38% Q3FY14 • Strong Growth in BFSI • Growth in Manufacturing and Transportation • Decline in Govt segment © 2014 NIIT Technologies

  10. Slide 10: Service Mix

    Service Mix Q2 FY'14 Q3 FY'14 IP IP Based Based 8% MS 9% Non-Linear BPO Non-Linear MS 12% 13% 3% BPO 3% ADM BPO ADM BPO 62% 3% 66% SI & PI 2% 12% SI & PI 7% Q3FY14 • Growth in ADM, MS and BPO • Decline in SI&PI due to lower PFR in Govt biz © 2014 NIIT Technologies

  11. Slide 11: Order Intake

    Order Intake Order Intake ($ Mn) 400 377 350 300 250 200 145 150 110 100 83 84 50 - Q3 FY13 Q4 FY13 Q1 FY14 Q2 FY14 Q3 FY14 Order Intake • 4 new customers added: 1 each in BFSI, Travel, Manufacturing and Government • $300 Mn renewal and vendor consolidation from Top BFSI client • $377 Mn order intak

  12. Slide 12: 300m USD Engagement

    300m USD Engagement • History  RFI issued to multiple vendors early 2013  Awarded to NTL in Q3FY14 • Scope  Enhancement, Support, Maintenance and Operations of existing platform  Development and implementation of new platform • Duration  10 years © 2014 NIIT Technologies

  13. Slide 13: Top Client Mix

    Top Client Mix 34% 35% 66% 65% Others Top 20 Top 10 49% 49% Top 5 36% 37% Q2'14 Q3'14 MM $ Clients 67 67 © 2014 NIIT Technologies

  14. Slide 14: People Resources

    People Resources People Data 8158 8207 8160 8017 7882 Dec'12 Mar'13 Jun'13 Sep'13 Dec'13 Dec'12 Mar'13 Jun'13 Sep'13 Dec'13 Net Additions 265 276 49 -190 143 Attrition% 12.51% 12.21% 12.36% 12.44% 13.37% Utilization 78.44% 78.24% 77.30% 80.30% 78.40% © 2014 NIIT Technologies

  15. Slide 15: Shareholding Pattern

    Shareholding Pattern 24% 21% 20% 20% 20% Others Promoters 31% 31% 31% 31% 31% Banks/MF/FI's FIIs 20% 20% 17% 18% 20% 27% 28% 29% 29% 32% Dec'12 Mar'13 Jun'13 Sep'13 Dec'13 © 2014 NIIT Technologies

  16. Slide 16: Thank You

    Thank You © 2014 NIIT Technologies

NIIT Technologies — Q3 FY2014 Earnings Presentation on 6ix