3i Infotech Limited · NSE:3IINFOLTD
3i Infotech — Q2 FY24 Earnings Presentation
29 slides from 3i Infotech's earnings presentation, Nov 8, 2023
Slide 1: Cover letter to BSE and NSE
November 8, 2023 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: Presentat
Slide 2: Q2 FY24 Shareholder Presentation
Q2 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 Harish Shenoy Sax Krishna Sushant Purushan Nilesh Gupta Ranjit B Kalyan K Sanjay Rawa TS Mohan Varika Rastogi Goutham Chief Operating Chief Operating Chief Operating Chief Cloud Chief Sales Chief Chief Business Chief Financial Chief Human
Slide 13: Financial Performance
g FINANCIAL PERFORMANCE
Slide 14: Revenue Highlights
Revenue Highlights REVENUES (INR Cr) YoY REVENUE GROWTH % QUARTERLY REVENUE TREND (INR Cr) 210.3 210.3 194.4 190.5 18.7% 182.3 179.2 177.1 177.1 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY24 Q2 FY24 Q2 FY23 Q2 FY24 Q2 FY24 BY LOB (INR Cr) Q2 FY24 BY REGION (INR Cr) Q2 FY24 BY INDUSTRY (INR Cr) VBU, 58.2 I
Slide 15: Q2 FY24 – Business Summary
Q2 FY24 – Business Summary INR Cr Q2 FY24 Q1 FY24 Q2 FY23 QoQ YoY SUMMARY Revenue 210.3 194.4 177.1 8.2% 18.7% Direct cost 172.3 154.5 151.6 ➢ Q2 FY24 revenue stood at Rs.210.3 Cr Indirect cost 14.1 7.3 7.7 with an increase of 8.5% YoY and Gross Margin of 11.4% ; PBT of Rs. 26.4 Cr GM 23.9 32.7 17.8
Slide 16: Geographic Region Performance
Geographic Region Performance Q2' 23-24 Q1' 23-24 Q2' 22-23 Region Direct Direct Direct (INR Crs) Revenue GM% Revenue GM% Revenue GM% Cost Cost Cost US 95.4 80.6 15.5% 85.4 72.0 15.7% 93.7 83.5 10.8% INDIA 88.7 91.1 -2.6% 81.5 74.5 8.7% 64.0 56.5 11.7% EMEA 19.2 15.7 18.2% 20.2 16.6 17.8% 14.4 15.6
Slide 17: Business Segment Performance
Business Segment Performance ES PS VBU MediaTech BUILD To INR Cr Q1'24 Q2'24 Q1'24 Q2'24 Q1'24 Q2'24 Q1'24 Q2'24 Q1'24 Q2'24 Q1'24 Revenue 54.60 62.63 87.39 88.66 52.60 58.16 - - - - 194.38 DIRECT COST 42.27 51.07 77.08 78.29 35.84 44.94 - - - (0.29) 154.46 Customer GM% 22.6% 18.5% 11.8% 11.7% 31.9%
Slide 18: Line Of Business Performance
Line Of Business Performance Q2' 23-24 Q1' 23-24 Q2' 22-23 LOB Direct (INR Crs) Revenue Direct Cost GM% Revenue GM% Revenue Direct Cost GM% Cost AAA 132.3 114.5 13.4% 128.2 107.1 16.4% 130.9 116.9 10.7% IMS 36.4 36.8 -1.0% 31.4 26.3 16.3% 19.9 20.7 -4.2% BPS 27.8 23.2 16.8% 25.8 22.5 12.6% 24.4 18.4
Slide 19: Client Category & Industry Performance
Client Category & Industry Performance Client SUMMARY Q2 FY24 Q1 FY24 Q4 FY23 Count # of Clients 409 397 413 ➢ In Q2 FY24, 22 accounts (5.4% of total) contributed to the “1 1 MN + 22 22 22 Mn+” category 500K-1 MN 23 22 19 100-500K 179 190 197 ➢ 364 accounts (89% of total accounts) contributes to “Be
Slide 20: P&L Statement (As Reported)
P&L Statement (As Reported) (Rupees in Lakhs) November 8, 2023 www.3i-Infotech.com | © 2023 3i Infotech | 19
Slide 21: Good Governance Activity
Good Governance Activity ➢ As part of the ongoing efforts to build good governance, Impairment has been carried out ➢ This charge to Goodwill was required in our books which was existing since the pre-carve out period ➢ The non-cash impairment charge totalled Rs. 179.6 crores and has been recorded i
Slide 22: Business Strategy & Plan
wa -o 3i Infotech” Business Strategy & Plan
Slide 23: 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 24: 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 25: 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 26: NuRe Bharat Network
we © NuRe ce VO) rel 3i Infotech” NuRe Bharat Network
Slide 27: 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 28: 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 29: 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