Firstsource Solutions Limited · NSE:FSL

Firstsource Solutions — Q2 FY2014 Earnings Presentation

15 slides from Firstsource Solutions's earnings presentation, Oct 24, 2013

  1. Slide 1: Q2 FY2014 Earnings Update

    Firstsource Solutions Limited Q2 FY2014 Earnings Update October 24, 2013 Proprietary Notice: This document contains proprietary and confidential statement information of Firstsource. No part of this document may be reproduced, transmitted, stored in a retrieval system, nor translated into any human

  2. Slide 2: Disclaimer

    Disclaimer Certain statements in this presentation concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties

  3. Slide 3: Agenda

    Agenda Performance Highlights Financial Performance Business Outlook © Firstsource 2013 | Confidential | 24-Oct-13 | 3

  4. Slide 4: Performance Highlights

    Performance Highlights © Firstsource 2013 | Confidential | 24-Oct-13 | 4

  5. Slide 5: Q2 FY2014 Highlights (1/5)

    Q2 FY2014 Highlights (1/5) Q2 FY2014 Performance Analysis • Operating revenue - Q2 FY14 Revenues at INR 7,908 million compared to INR 7,176 million in Q2 FY13 and INR 7,191 million in Q1 FY14 - Y-o-Y growth of 10.2% in INR terms and flat in constant currency terms - Q-o-Q growth of 10.0% in INR term

  6. Slide 6: H1 FY2014 Highlights (2/5)

    H1 FY2014 Highlights (2/5) H1 FY2014 Performance Analysis • Operating revenue - H1 FY14 Revenues at INR 15,099 million compared to INR 13,928 million in H1 FY13 - Y-o-Y growth of 8.4% in INR terms and 2% in constant currency terms • Operating EBIT - H1 FY14 operating EBIT at INR 1,315 million compar

  7. Slide 7: Q2 FY2014 Highlights (3/5)

    Q2 FY2014 Highlights (3/5) Cash Position • Cash and cash equivalents of Rs 1,500 million as of September 30, 2013 as compared to Rs 1,530 million in previous quarter - Repayment of second principal installment of $11.25 million on Sept. 30th, 2013 Employee Strength • 30,390 employees as on September

  8. Slide 8: Q2 FY2014 Highlights (4/5)

    Q2 FY2014 Highlights (4/5) Seat Capacity And Utilization • Seat capacity of 23,664 seats worldwide - 47 delivery centers as on September 30, 2013, same as on June 30, 2013 - Seat fill factor at 80.8% as on September 30, 2013, compared to 81.8% as on June 30, 2013 Foreign Exchange Hedges • Outstandin

  9. Slide 9: Q2 FY2014 Highlights (5/5)

    Q2 FY2014 Highlights (5/5) By Geography By Verticals 1% 1% 1% 20% 20% 18% 24% 22% 22% 35% 34% 36% 44% 45% 45% 45% 46% 46% 31% 32% 32% Q2 FY13 Q1 FY14 Q2 FY14 Q2 FY13 Q1 FY14 Q2 FY14 North America UK India, Rest of World Healthcare Telecom and Media BFSI Others By Delivery Location Client Concentrati

  10. Slide 10: Financial Performance

    Financial Performance © Firstsource 2013 | Confidential | 24-Oct-13 | 10

  11. Slide 11: Financial Performance – Q2 FY2014

    Financial Performance – Q2 FY2014 Q2 FY Q1 FY Q2 FY Revenue From Operations (IN INR Million) 2013 2014 2014 10000 7,908 8000 7,176 7,191 Income from services 7,255 7,234 7,979 10.0% Q-o-Q Rs. Mn 6000 Other operating Income (79) (43) (71) 4000 2000 10.2% Y-o-Y Revenue from operations 7,176 7,191 7,90

  12. Slide 12: Financial Performance – H1 FY2014

    Financial Performance – H1 FY2014 Revenue From Operations H1 FY H2 FY H1 FY (IN INR Million) 2013 2013 2014 18,000 13,928 14,257 15,099 15,000 12,000 5.9% H-o-H Rs. Mn Income from services 14,108 14,332 15,213 9,000 6,000 8.4% Y-o-Y Other operating Income (180) 181 (114) 3,000 0 Revenue from operati

  13. Slide 13: Business Outlook

    Business Outlook © Firstsource 2013 | Confidential | 24-Oct-13 | 13

  14. Slide 14: Business Outlook

    Business Outlook  FY14 - Moderate Revenue growth o Customer Management growth aided by robust pipeline build-up and volume increase from existing customers o Healthcare Payor segment continues to grow o Consolidation process continues; Termination of low margin accounts in Customer Management, ABU

  15. Slide 15: Thank You

    THANK YOU Firstsource (NSE: FSL, BSE: 532809, Reuters: FISO.BO, Bloomberg: FSOL@IN) is a global provider of customised BPO (Business Process Outsourcing) services to the Banking & Financial Services, Insurance, Telecom, Media & Publishing and Healthcare sectors. Its clients include FTSE 100, Fortune

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