Niit Limited · NSE:NIITLTD
Niit — Q1 FY24 Earnings Presentation
9 slides from Niit's earnings presentation, Aug 11, 2023
Slide 1: Cover letter to stock exchanges on analyst presentation
August 11, 2023 The Manager The Manager BSE Limited National Stock Exchange of India Ltd Corporate Relationship Department, Listing Department 1st Floor, New Trading Ring, Exchange Plaza Rotunda Building 5th Floor, Plot no C/1, G Block Phiroze Jeejeebhoy Towers, Bandra Kurla Complex Dalal Street, Mu
Slide 2: Financial Results Q1 FY24
Financial Results Q1 FY24 August 11, 2023
Slide 3: Environment
Environment The global economy remains in a precarious state amid the protracted GDP growth in India expected to GSIs & GCCs already rationalizing effects of the overlapping negative remain robust driven by resilience in spends and holding discretionary shocks of the pandemic, the private consumptio
Slide 4: Q1 FY24: In Perspective
Q1 FY24: In Perspective • Revenue at INR 625 Mn; down 33% YoY and up 4% QoQ • Business volume impacted by temporary freeze in hiring in IT Sector as well as compression in spends, due to increased uncertainty in the environment. Training volume is expected to pick gradually during the year, with gro
Slide 5: Key Financials
Key Financials INR Mn Q1 FY24 Q4 FY23 QoQ Q1 FY23 YoY Net Revenue 625 600 4% 940 -33% Operating expenses 690 696 -1% 938 -26% EBITDA* (64) (95) 32% 1 -4501% Depreciation 41 41 -2% 39 4% Net Other Income/ (Expense) 138 103 33% (1) 15489% Operational PBT 33 (34) 197% (39) 184% Tax (7) (63) 89% 9 -177%
Slide 6: Key Metrics
Key Metrics BFSI & Others 29 K Early Enrollments in Q1 FY24 Work Pro 23% Career Across Early Career & 47% Working Professionals 53% Technology 77% >90% Enterprise Revenue from Repeat Customers Revenue Mix 5
Slide 7: People
People 1,065 1,058 996 959 906 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY24 Headcount down 53 QoQ and down 159 YoY * excludes project retainers 6
Slide 8: Share Holding Pattern
Share Holding Pattern 31.6% 32.0% 32.4% 31.3% 31.8% 11.7% 11.9% 12.3% 13.1% 12.3% 21.7% 21.2% 20.5% 20.7% 21.1% 35.0% 34.9% 34.9% 34.8% 34.8% Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY24 Promoters FPIs DIIs Individuals and Corporates * Includes impact dilution of shareholding percentage due to of exercis
Slide 9: Thank You
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