NIIT Technologies Financial Results Analysis Quarter 2 2007
- Slides: 10
NIIT Technologies Financial Results Analysis Quarter 2, 2007 Oct 20, 2006 Q 2 ’ 07 Results 1
Outline • Highlights – For the Quarter • Financial Statements – Income Statement • Business Analysis – Revenue Cuts – Order Book – Top clients – People Resources • Shareholding Pattern Oct 20, 2006 Q 2 ’ 07 Results 2
Highlights for the Quarter • Consolidated Revenues at Rs 2199 mn • • Operating profits at Rs 415 Mn • • Oct 20, 2006 Up 14% Qo. Q, 59% Yo. Y Margins at 19% Capacity utilization 81%, 76% last quarter Net Profits at Rs 269 Mn • • • Up 15% Qo. Q, 49% Yo. Y Up 23% Qo. Q, 78% Yo. Y Margins at 12% EPS at Rs 6. 96 JV with Adecco Fresh order intake of $42 mn Q 2 ’ 07 Results 3
Income Statement (Rs Mn) Q 2’ 06 Q 1’ 07 Q 2’ 07 Yo. Y (%) Qo. Q (%) Revenues 1475 1910 2199 49 15 Operating Expenses 1214 1547 1784 47 15 Operating Profit 261 363 415 59 14 OPM (%) 18 19 19 117 bps -9 bps Depreciation 93 120 112 Other Income (net of interest) 12 35 24 Tax 27 45 52 PAT after Minority Interest 151 218 269 78 23 Net Margins (%) 10 11 12 202 bps 83 bps EPS 3. 9 5. 64 6. 96 78 23 • DSOs at 69 days • Cash & cash equivalents Rs 1774 mn • Term Loan availed Rs 525 mn Oct 20, 2006 Q 2 ’ 07 Results 4
Geographic Mix Q 1’ 07 FY’ 06 Q 2’ 07 • Europe contributes 50% of Revenues Oct 20, 2006 Q 2 ’ 07 Results 5
Vertical Mix Q 1’ 07 FY 06 Q 2’ 07 The focus verticals contribute 80% revenues Oct 20, 2006 Q 2 ’ 07 Results 6
Order Intake • 5 new significant customers added for the quarter (1 Insurance, 1 BFS, 1 Transport, 2 Others) • $ 42 mn intake in the quarter leading to $87 mn of firm business executable over next 12 months Oct 20, 2006 Q 2 ’ 07 Results 7
Top Client Mix (%) Others Top 20 67 70 Top 10 54 52 62 50 Top 5 Relationships strengthening • Top 5 clients grow 12% Qo. Q & 38% Yo. Y • Top 10 grow 11% Qo. Q & 40% Yo. Y Improving client balance trend Oct 20, 2006 Q 2 ’ 07 Results 8
People Resources Segmental Mix 9% 3848 NTL 3543 On-Offshore Mix 8% 4148 25% 13% 26% Corp 10% 7% Onsite 24% BPO 76% Software 74% 75% Offshore Net addition of 300 people in the quarter Oct 20, 2006 Q 2 ’ 07 Results 9
Thank You Oct 20, 2006 Q 2 ’ 07 Results 11
