3i Infotech Limited · NSE:3IINFOLTD
3i Infotech — Q3 FY24 Earnings Presentation
33 slides from 3i Infotech's earnings presentation, Feb 8, 2024
Slide 1: Revised Presentation Cover Letter to Stock Exchanges
February 8, 2024 BSE Limited National Stock Exchange of India Limited Sir Phiroze Jeejeebhoy Towers Exchange Plaza, 5th Floor, Dalal Street, Fort, Plot No. C-1, Block G Mumbai – 400 001 Bandra Kurla Complex, Security Code: 532628 Mumbai – 400 051 Scrip code: 3IINFOLTD Dear Sir/ Madam, Sub: Revised P
Slide 2: Q3 FY24 Shareholder Presentation
Q3 FY24 Shareholder Presentation
Slide 3: Safe Harbor
Safe Harbor This presentation has been prepared by 3i Infotech (“Company") solely for information purposes without any regard to any specific objectives, financial situations or informational needs of any particular person. This presentation may not be copied, distributed or disseminated, directly o
Slide 4: Company Overview
g COMPANY OVERVIEW
Slide 5: About Us
About Us 15+ Countries OLD 3i Infotech 2010- 2020- 1993 2005 2015 2021 ~$100 Mn (FY 22-23) Born out of ICICI (one of Listed on both Indian Acquired & built Company Restructuring the largest banks in Stock Exchanges NSE & multiple products in the - Sale of Products India) BSE BFSI Space division THE
Slide 6: 3i Infotech – Transformed to Transform You
3i Infotech – Transformed to Transform You 25+ 1300 Years of Industry Experience Happy Customers 6000+ 500+ Employees Active Clients 4 75%+ Continents Return Clients 83 Mn+ $100 Man hours of Experience Mn (FY 22-23) 15+ 100% Countries Debt Free Banking , Financial Telecom, Media & INDUSTRIES Insuran
Slide 7: Our Services, Platforms & Solutions
Our Services, Platforms & Solutions IT Services APPLICATION, TESTING & IOT, 5G NEXTGEN INFRA SERVICES SERVICES DATA & ANALYTICS, DIGITAL TRANSFORMATION DIGITAL COMMAND & CONSULTING CENTER CLOUD, EDGE BUSINESS PROCESS SERVICES, COMPUTING, SASE OPERATIONS TRANSFORMATION BPAAS, KPAAS, GRC BLOCKCHAIN Pl
Slide 8: Our Global Foot Print
Our Global Foot Print NORTH AMERICA CANADA • US – New Jersey (Toronto & British Columbia) UK EUROPE NETHERLANDS • UK - London INDIA • Netherlands - Amsterdam (Mumbai, Delhi, Bengaluru, New Jersey, US UAE Chennai, Hyderabad) SAUDI ARABIA SOUTH ASIA & APAC THAILAND • India - Mumbai, Delhi, Bengaluru,
Slide 9: Our Differentiators
Our Differentiators Superior Technology Stack Edge Computing with SaSe products 5G, IoT, Block chain Ease of Working with 3i Non-Intrusive Technology ROI on Day 1 of engagement “Try & Buy” Flexibility “No CAPX Only OPEX” Solution or “Pay As You Go” Model We build on the top of existing systems Redev
Slide 10: Aim - Becoming A Billion Dollar Company
Aim 30 - Becoming A Billion Dollar Company NEXTGEN TECHNOLOGY SERVICES FIRM OUR GOAL VISION MISSION GOAL “ “ “ To be a value driven billion $ To be a trusted global one-stop, organization committed towards Organic revenue growth digital transformation partner customers, people and stakeholders 1 tha
Slide 11: Becoming A Billion Dollar Company
Becoming A Billion Dollar Company 5 Setting New Standards 4 Dominate & Lead 3 ▪ Cannibalize revenues by automation to defend ▪ Eliminate competition by aggressive right pricing Accelerate & Break Away ▪ Enhance onshore / country specific service model ▪ Deliver convergence of services / product/ sol
Slide 12: 3i Management Team
3i Management Team THOMPSON GNANAM MD, Global CEO Rangapriya Uttam Harish Shenoy Sax Krishna Sushant Purushan Nilesh Gupta Ranjit B Sanjay Rawa TS Mohan Varika Rastogi Goutham Jhunjhunwala Chief Operating Chief Operating Chief Operating Chief Cloud Chief Sales Chief Global Head Chief Financial Chief
Slide 13: Financial Performance
g FINANCIAL PERFORMANCE
Slide 14: Executive Summary – Q3 FY24
Executive Summary – Q3 FY24 ➢ The company reported consolidated revenue of Rs 212.2 crore in Q3FY24 with a growth of 0.9 % QoQ and 16.4% YoY. Gross margin of 14.8% with a growth of 3.4% QoQ & 2.1% YoY ➢ In terms of line of business, Application-Automation-Analytics (AAA) continue to remain largest r
Slide 15: Revenue Highlights
Revenue Highlights REVENUES (INR Cr) YoY REVENUE GROWTH % QUARTERLY REVENUE TREND (INR Cr) 210.3 212.2 212.2 194.4 16.4% 190.5 182.3 182.3 Q3 FY23 Q4 FY23 Q1 FY24 Q2 FY24 Q3 FY24 Q3 FY23 Q3 FY24 Q3 FY24 BY LOB (INR Cr) Q3 FY24 BY REGION (INR Cr) Q3 FY24 BY INDUSTRY (INR Cr) IMS, 40.1 BPS, 26.6 GOVER
Slide 16: Q3 FY24 – Business Summary
Q3 FY24 – Business Summary INR Cr Q3 FY24 Q2 FY24 Q3 FY23 YTD Dec-23 YTD Dec-22 QoQ YoY SUMMARY Revenue 212.2 210.3 182.3 616.8 538.7 0.9% 16.4% Direct cost 172.1 172.3 149.7 498.9 452.3 ➢ Q3 FY24 revenue stood at Rs.212.2 Cr Indirect cost 8.6 14.1 9.4 29.9 25.7 with an increase of 0.9% QoQ & 16.4%
Slide 17: Geographic Region Performance
Geographic Region Performance Q3' FY24 Q2' FY24 Q3' FY23 YTD Dec'23 YTD Dec'22 Region Direct + Direct + Direct + Direct + Direct + (INR Crs) Revenue Indirect GM% Revenue Indirect GM% Revenue Indirect GM% Revenue Indirect GM% Revenue Indirect GM% Cost Cost Cost Cost Cost US 92.1 81.4 11.6% 95.4 80.6
Slide 18: Line Of Business Performance
Line Of Business Performance Q3' FY24 Q2' FY24 Q3' FY23 YTD Dec'23 YTD Dec'22 LOB Direct + Direct + Direct + Direct + Direct + (INR Crs) Revenue Indirect GM% Revenue Indirect GM% Revenue Indirect GM% Revenue Indirect GM% Revenue Indirect GM% Cost Cost Cost Cost Cost AAA 132.6 114.5 13.7% 132.3 114.9
Slide 19: Business Segment Performance
Business Segment Performance (Rupees in Lakhs) Quarter Ended Year to Date Year Ended 31-12-2023 30-09-2023 31-12-2022 31-12-2023 31-12-2022 31-03-2023 Particulars (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) 1 Segment Revenue ES 6,651 6,272 4,732 18,380 13,847 19,130 PS 8,95
Slide 20: Client Category & Industry Performance
Client Category & Industry Performance Client Count Q3 FY24 Q2 FY24 Q3 FY23 # of Clients 440 409 485 ➢ In Q3 FY24, 24 accounts (5.5% 1 MN + 24 22 17 of total) contributed to the “1 500K-1 MN 18 23 19 Mn+” category 100-500K 179 179 215 0-100 K 219 185 234 ➢ 398 accounts (90.5% of total accounts) cont
Slide 21: P&L Statement (As Reported)
P&L Statement (As Reported) (Rupees in Lakhs) Except EPS Quarter Ended Year to Date Year Ended Particulars 31-12-2023 30-09-2023 31-12-2022 31-12-2023 31-12-2022 31-03-2023 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) I Revenue from Operations 21,218 21,028 18,230 61,684 53,
Slide 22: Exceptional Items for the Quarter
Exceptional Items for the Quarter Consolidated : ➢ Rs. 222.51 lakhs – Pertains to penalties towards long outstanding (Pre-Carveout, 31st March-2021) tax disputes in one of our overseas subsidiaries (Refer Notes 5) Standalone : ➢ Rs. 42,170.13 Lakhs – General provision towards diminution in value of
Slide 23: Business Strategy & Plan
wa -o 3i Infotech” Business Strategy & Plan
Slide 24: Organization Priorities
Organization Priorities Execution 01 Excellence Delivering QoQ profitable operating margins and ensuring predicable business model for our shareholders Rebrand & 02 Reposition Build our value business brand “NuRe” in both services and products along with our 3i brand 03 People Centricity – Our Diffe
Slide 25: Organization – Business Structure By Offerings
Organization – Business Structure By Offerings Services Product/Platforms Professional Volume Value Business Unit Product/Platform Services Digital Enterprise NuRe NxtGen NuRe PS Business Services Services MediaTech Services ➢ AAA, ➢ Edge ➢ Digital IMS, EdgeTech, Computing, ➢ Consulting ➢ Cognitive
Slide 26: Organization Design
Organization Design Clients USA UK UAE KSA INDIA THAILAND MALAYSIA SINGAPORE GROW ORGANIZATION – GEO & INDUSTRY ALIGNED-Driving Net new revenue growth BFS INSURANCE TME GOVT./ PSU ENERGY & UTIL. HEALTHCARE AGRITECH MAFG. Prof. Services Human Capital Management (HCM) VOLUME Enterprise Services ADMS,
Slide 27: NuRe Bharat Network
we © NuRe ce VO) rel 3i Infotech” NuRe Bharat Network
Slide 28: NBN : Overview
NBN : Overview Indian Rail Framework Captive WiFi Opportunity ➢ 4th largest network in the world ➢ Captive wifi passengers across 6109 Railway Stations ➢ Largest in Asia ➢ 54 Mn Monthly active wifi users ➢ Covers 68,103 Kms ➢ 85 Mn sessions monthly ➢ 6109 Railway Stations ➢ 4028 TB of data consumed
Slide 29: Milestone Task Status
Status as of Q3 FY24 Milestone Task Status Captive Portal Go Live – Existing Portal IT Infrastructure Deployment PIPOnet Portal Live – Content Portal NBN Portal Live Captive Portal Go Live – 3i Micro Services Portal Google Adsense Integration with PIPOnet Ad Solution Go Live SSP Integration with PIP
Slide 30: Key Campaigns (1/2)
Key Campaigns (1/2) Rocky Aur Rani Kii Prem Hero Electric - Vida Vama Astrology App Gadar 2 Mission Chandrayaan Kahaani February 8, 2024 www.3i-Infotech.com | © 2023 3i Infotech | 29
Slide 31: Key Campaigns (2/2)
Key Campaigns (2/2) Animal SaReGaMa Music Disney Hotstar Indian National Warner Music Congress - Rajasthan February 8, 2024 www.3i-Infotech.com | © 2023 3i Infotech | 30
Slide 32: Thank You
Corporate Headquarter: 3i Infotech Inc., 450 Raritan Center Parkway, Suite B Edison, NJ, USA, Tel:+1 732 710 4444 / 08837-3944 Registered Office: 3i Infotech Ltd. Tower # 5, 3rd to 6th Floors, International Infotech Park, Thank You Vashi, Navi Mumbai - 400703 marketing@3i-infotech.com www.3i-infotec
Slide 33: Glossary
Glossary IBR : India Business Region PS : Professional Services ES : Enterprise Services VBU : Value Business Unit AAA : Application Automation Analytics AI : Artificial Intelligence SASE : Secure Access Service EDGE IMS : Infrastructure Management Services IoT : Internet of Things HCM : Human Capit