Mastek Limited · NSE:MASTEK
Mastek — Q2 FY2015 Earnings Presentation
10 slides from Mastek's earnings presentation, Oct 22, 2014
Slide 1: A high end provider of Enterprise Technology Solutions
A high end provider of Enterprise Technology Solutions that enable Business Transformation in selected verticals
Slide 2: Investor Presentation – Disclaimer
Investor Presentation 22 October 2014 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
Slide 3: Contents
Contents 1. Business and Other Highlights 2. Key Financials 3. Profitability before exceptional items 4. Proforma Financials 5. Operating Metrics
Slide 4: Business and Other Highlights – Q2 FY 2014-15
Business and Other Highlights – Q2 FY 2014-15 • Summary Financials • Total Income @ Rs. 251.7 crore up by 10.6 % • Total EBIDTA @ Rs. 16.1 crore up 230 bps to 6.4% • Business • Added 4 new logos. • Headcount @ 3425 at the end of Q2, higher by 6.3% vs last quarter • Billable Utilization up @ 87.0% •
Slide 5: Key Financials
Key Financials 30-Sep-14 30-Jun-14 QoQ 30-Sep-13 YoY Particulars Metrics H1 FY15 Growth Growth Q2 FY15 Q1 FY15 Q2 FY14 Income from Operations 244.4 218.7 11.7% 233.7 4.6% 463.1 (INR Cr.) Other Operating Income 2.6 2.2 17.4% 3.0 -14.0% 4.8 (INR Cr.) Revenue Total Income from 246.9 220.9 11.8% 236.7 4
Slide 6: Profitability Excluding Exceptional Items & Loss from JV
Profitability Excluding Exceptional Items & Loss from JV Fig in Rs crore. Particulars Q2 FY 2014-15 Q1 FY 2014-15 Reported Profit Before Tax (PBT) 7.3 0.3 % PBT to Total Income 2.9% 0.1% Restructuring Costs 5.2 0.0 - Demerger Expenses 2.6 0.0 - Employee Severance cost 2.6 0.0 PBT Before Exceptional
Slide 7: Proforma Financials – Mastek and Majesco
Proforma Financials – Mastek and Majesco MASTEK Fig in Rs crore. Particulars H1 FY 2014-15 FY 2013-14 Operating Revenue 249.0 416.0 EBIDTA (before exceptional items) 29.9 59.9 % to Op. Revenue 12.0% 14.4% MAJESCO Fig in Rs crore. Particulars H1 FY 2014-15 FY 2013-14 Operating Revenue 218.8 507.0 EBI
Slide 8: Operating Metrics - Revenue
Operating Metrics - Revenue Revenue Q2FY15 Q1FY15 Q2FY14 By Region North America 38.1% 36.8% 39.9% UK 52.4% 55.3% 51.7% Others 9.5% 7.9% 8.3% By Quadrant Solutions 44.5% 46.5% 34.5% Vertical Product 40.6% 38.4% 46.2% IT Services 14.9% 15.1% 19.0% By Industry Insurance 43.5% 42.6% 49.2% Government 28
Slide 9: Operating Metrics - Manpower
Operating Metrics - Manpower Manpower Statistics Q2FY15 Q1FY15 Q2FY14 Onsite 838 855 762 Offshore 2,587 2368 2,423 Total 3,425 3223 3,128 Technical 2,914 2,678 2,654 Technical Support 244 267 255 Marketing 81 85 83 Support 186 193 193 Total 3,425 3,223 3,128 Billable Utilization 87.0% 85.4% 81.5% 9
Slide 10: Thank You
THANK YOU About Mastek Mastek is a publicly held (NSE: MASTEK; BSE: 523704) leading IT player with global operations providing enterprise solutions to insurance, government, and financial services organizations worldwide. With its principal offshore delivery facility based at Mumbai, India, Mastek o