Persistent Systems Limited · NSE:PERSISTENT
Persistent Systems — Q1 FY2016 Earnings Presentation
17 slides from Persistent Systems's earnings presentation, Jul 25, 2015
Slide 1: Persistent Systems Limited – Quarter ending June 30, 2015
www.persistent.com Persistent Systems Limited Quarter ending June 30, 2015 July 25, 2015 © 2015 Persistent Systems Ltd.
Slide 2: Forward-looking and Cautionary Statements
Forward-looking and Cautionary Statements 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 statemen
Slide 3: Key Highlights
www.persistent.com Key Highlights
Slide 4: Key Highlights – Q1 FY16 Performance
Key Highlights –Q1 FY 16 Performance Revenue crossed the mark of INR 5 Billion in a quarter with growth of 15% YoY and 0.6% QoQ Revenue was USD 78.61 Million with growth of 8.2% YoY and dip of 1.8% QoQ EBITDA was INR 969 Million with growth of 2.1% YoY and dip of 3.6% QoQ Profit before Tax (
Slide 5: Key Highlights
Key Highlights • Acquired Convirture, a unified management provider for virtualization and cloud environments on May 4, 2015. • Acquired RGen Solutions on July 2, 2015 with a view to strengthen the company’s Microsoft Technology Stack expertise. • Signed an agreement with Intel Overseas Funding Corp
Slide 6: Financial Performance
www.persistent.com Financial Performance
Slide 7: Sequential Q1 FY16 Vs. Q4 FY15
Sequential Q1 FY16 Vs. Q4 FY15 Change Exps / Sales % Particulars Q1FY16 Q4FY15 QoQ Q1FY16 Q4FY15 Revenue ($ M) Services 64.13 65.54 -2.2% IP Led 14.48 14.49 -0.1% Revenue ($ M) 78.61 80.03 -1.8% Avg. Exchange Rate Rs. /US$ 63.66 62.16 2.4% Revenue (Rs. M) 5,004.16 4,974.53 0.6% Cost of Revenue Rs. M
Slide 8: Y-o-Y comparison Q1 FY16 Vs. Q1 FY15
Y-o-Y comparison Q1 FY16 Vs. Q1 FY15 Change Exps / Sales % Particulars Q1FY16 Q1 FY15 YoY Q1FY16 Q1 FY15 Revenue ($ M) Services 64.13 58.15 10.3% IP Led 14.48 14.51 -0.2% Revenue ($ M) 78.61 72.66 8.2% Avg. Exchange Rate Rs. /US$ 63.66 59.87 6.3% Revenue (Rs. M) 5,004.16 4,349.87 15.0% Cost of Reven
Slide 9: Consolidated Balance Sheet
Consolidated Balance Sheet Rs. M Particulars As on June 30, 2015 As on March 31, 2015 As on June 30, 2014 Equity and Liabilities Equity Share Capital 800.00 800.00 400.00 Reserves and Surplus 13,930.53 13,255.29 12,478.24 Non-current liabilities 139.09 142.17 433.55 Current liabilities 3,337.99 3,54
Slide 10: Key Financials Ratios: Q1 FY16
Key Financials Ratios: Q1 FY16 Change Change Ratios % Q1 FY16 Q4 FY15 Q1 FY15 QoQ YoY Gross Margin 39.7% 40.2% -0.5% 40.1% -0.4% S&M to Revenue 10.2% 9.9% 0.3% 8.9% 1.3% G&A to Revenue 10.2% 10.1% 0.1% 9.4% 0.8% Total S G & A to Revenue 20.4% 20.0% 0.4% 18.3% 2.1% EBITDA Margin 19.4% 20.2% -0.8% 21.
Slide 11: Fact Sheet
www.persistent.com Fact Sheet
Slide 12: Fact Sheet: Revenue Mix by Offerings and Segments
Fact Sheet Nos./% Q1 FY16 Q4 FY15 Q3 FY15 Q2 FY15 Q1 FY15 FY15 FY14 Revenue (USD M) 78.61 80.03 79.52 76.32 72.66 308.54 274.06 Revenue %, q-o-q/ y-o-y growth -1.8% 0.6% 4.2% 5.0% 0.0% 12.6% 15.2% Revenue (INR M) 5,004.16 4,974.53 4,946.38 4,641.74 4,349.87 18,912.52 16,691.53 %, q-o-q / y-o-y 0.6%
Slide 13: Fact Sheet (Contd…): Geography and Classification
Fact Sheet (Contd…) % Q1 FY16 Q4 FY15 Q3 FY15 Q2 FY15 Q1 FY15 FY15 FY14 Revenue Mix Geography: North Americas 84.4% 85.4% 84.7% 86.1% 85.9% 85.5% 85.1% Europe 6.3% 6.8% 7.1% 6.3% 6.5% 6.7% 5.4% ROW 9.3% 7.8% 8.2% 7.6% 7.6% 7.8% 9.5% Total 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% Nos. Q1 FY16
Slide 14: Fact Sheet (Contd…): Concentration
Fact Sheet (Contd…) Business % Q1 FY16 Q4 FY15 Q3 FY15 Q2 FY15 Q1 FY15 FY15 FY14 Repeat 88.7% 85.6% 84.1% 83.6% 86.7% 85.0% 83.3% Nos. Q1 FY16 Q4 FY15 Q3 FY15 Q2 FY15 Q1 FY15 FY15 FY14 Clients billed3 Services 277 268 273 281 260 383 365 IP Led 310 326 349 376 347 498 550 3 includes one time clients
Slide 15: Fact Sheet (Contd…): People Numbers and Attrition
Fact Sheet (Contd…) USD / PPM Q1 FY16 Q4 FY15 Q3 FY15 Q2 FY15 Q1 FY15 FY15 FY14 Yield4 4,134 4,272 4,264 4,123 3,915 4,144 3,847 4 Yield is computed as a ratio of revenue to billable person months excluding employees under training. USD / PPM Q1 FY16 Q4 FY15 Q3 FY15 Q2 FY15 Q1 FY15 FY15 FY14 Billing
Slide 16: Fact Sheet (Contd…): Efforts Mix - Linear
Fact Sheet (Contd…) Nos. Q1 FY16 Q4 FY15 Q3 FY15 Q2 FY15 Q1 FY15 FY15 FY14 Billable Person Months 16,138 16,063 16,031 16,015 16,139 64,248 62,091 - Onsite 1,623 1,551 1,518 1,403 1,283 5,754 4,585 Efforts Mix - Linear - Offshore 14,515 14,512 14,513 14,612 14,856 58,493 57,506 Billed Person Months
Slide 17: Thank you
www.persistent.com Thank you