Slide 1: Q3 FY19 Results
1 Q3 FY19 RESULTS January 30, 2019
Slide 2: Safe Harbour
Q3 FY192 SAFE HARBOUR RESULTS This presentation and the accompanying slides (the “Presentation”), which have been prepared by Security and Intelligence Services (India) Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invi
Slide 3: Highlights – Q3 FY19 Results
Q3 FY19 HIGHLIGHTS – Q3 FY19 RESULTS 1837 cr 98 cr 59 cr Rs7.94 Revenues EBITDA PAT EPS YoY 19.5% YoY 16.0% YoY 26.9% YoY 25.2% QoQ 8.7% QoQ 25.1% QoQ 34.9% QoQ 19.4% Consolidated EBITDA margin Strong revenue growth with RONW of 16.0% and ROCE of increased from 4.6% in Q2FY19 Dec. run rate at Rs610
Slide 4: Results by Business Line – Q3 FY19
Q3 FY194 RESULTS BY BUSINESS LINE – Q3 FY19 RESULTS +28.9% +8.7% +7.2% +8.3% 725 863 39.7 38.9 42.2 563 805 36.7 Security Security - India - Australia Q3 FY18 Q3 FY19 Q3 FY18 Q3 FY19 Q3 FY18 Q3 FY19 Q3 FY18 Q3 FY19 Revenues EBITDA Revenues EBITDA +46.3% +91.7% -8.3% 1.14 251 16.4 79.4 72.8 172 8.6 F
Slide 5: 9M Summary
Q3 FY19 9M SUMMARY RESULTS 5138 cr 250 cr 142 cr Revenues EBITDA PAT 21% 11.1% 12.1% 1 Strong revenue growth EBITDA growth back on track On track for a strong year of Our network across all service verticals after doubtful debt related profit growth despite Security provisioning and one-off addition
Slide 6: Compounding Story Playing Out with Predictable Growth
COMPOUNDING STORY PLAYING OUT WITH Q3 FY19 RESULTS PREDICTABLE GROWTH Group Revenues Rs. In crs Group EBITDA Rs. In crs 1837 1690 1592 1611 1538 1460 1243 98 84 87 74 74 78 67 Q1FY18 Q2FY18 Q3FY18 Q4FY18 Q1FY19 Q2FY19 Q3FY19 Q1FY18 Q2FY18 Q3FY18 Q4FY18 Q1FY19 Q2FY19 Q3FY19 Quarterly CAGR over last 7
Slide 7: Segmental Results
Q3 FY19 SEGMENTAL RESULTS
Slide 8: Security - India
Q3 FY198 SECURITY - INDIA RESULTS Revenues Rs. In crs EBITDA Rs. In crs Strong QoQ and YoY growth in revenues. QoQ organic EBITDA grew 30.3% QoQ with margins increasing from 5.1% in growth of 9%. Q2FY19 to 5.8% in Q3FY19 15.6% Organic 9% growth 725 +30.3% 42.2 630 32.4 38.9 +15.2% 563 +8.7% +28.9% Q
Slide 9: Security - Australia
Q3 FY199 SECURITY - AUSTRALIA RESULTS Revenues Rs. In crs EBITDA Rs. In crs Strong QoQ and YoY growth in revenues. All growth is EBITDA grew 28.5% QoQ with margins increasing from 3.7% in organic in nature. H2 is seasonally strong quarter. Q2FY19 to 4.6% in Q3FY19 844 863 39.7 +2.2% +28.5% 805 36.7
Slide 10: Facility Management Services
Q3 FY1910 FACILITY MANAGEMENT SERVICES RESULTS Revenues Rs. In crs EBITDA Rs. In crs Strong QoQ and YoY growth in revenues. QoQ organic EBITDA grew 5.6% QoQ - Rare acquisition expenses in Q3; margins growth of 6.7% stabilizing after a period of rapid growth 37.5% Organic 6.7% growth 251 16.4 +13.5%
Slide 11: Cash Logistics
Q3 FY1911 CASH LOGISTICS RESULTS Revenues Rs. In crs EBITDA Rs. In crs Strong QoQ growth despite giving up many unviable EBITDA losses decreased significantly – direct costs routes/ contracts in Q1 decreased due to decline in fuel prices Q3 FY18 Q2 FY19 Q3 FY19 79 1.14 73 68 +7.5% -1.03 -8.3% -3.72
Slide 12: Acquisitions and Major Developments
Q3 FY19 ACQUISITIONS AND MAJOR DEVELOPMENTS
Slide 13: Uniq Security Acquisition
Q3 FY1913 UNIQ SECURITY ACQUISITION RESULTS M&A Strategy Deal Structure Look at tired leaders in attractive geographic clusters Acquired 51% equity for Rs51 crores with the ability to adjust based on financial performance in FY19 Hurdle rate of atleast 22% Balance stake to be acquired in 202
Slide 14: Henderson Security Acquisition
Q3 FY1914 HENDERSON SECURITY ACQUISITION RESULTS M&A Strategy Deal Structure Look at tired leaders in global regulated and mature markets Purchase consideration of SGD 43 million for the 60% shareholding being acquired initially – consideration in cash Continued engagement with promoters throu
Slide 15: Financial Results
Q3 FY19 FINANCIAL RESULTS
Slide 16: Consolidated Financial Statements
Q3 FY1916 CONSOLIDATED FINANCIAL STATEMENTS RESULTS 9M 9M Rs. In crs Q3 FY19 Q3 FY18 Y-o-Y Q2 FY19 Q-o-Q Growth FY19 FY18 Revenue from operations 1836.8 1537.7 19.5% 1690.2 8.7% 5183.4 4241.2 21.2% EBITDA 97.8 84.3 16.0% 78.2 25.1% 250.4 224.6 11.5% EBITDA % 5.3% 5.5% 4.6% 4.9% 5.3% Profit after tax
Slide 17: Looking Ahead
Q3 FY19 LOOKING AHEAD RESULTS Growth Technology M&A Market Leadership Strong order book across Technology investments Strong pipeline built over the On track to becoming No.1 in India BUs with run rate in line continue in both solutions last 12 months has resulted in security replacing incumbent of
Slide 18: Contact details
Security Services Cash Logistics Facility Management CIN L75230BR1985PLC002083 CIN U74140MH2010PTC204285 Mr. Vamshidhar Guthikonda Mr. Shogun Jain Email vamshidhar@sisindia.com Email shogun.jain@sgapl.net Website www.sisindia.com Website www.sgapl.net