Coforge Limited · NSE:COFORGE
Coforge — NIIT Technologies — Q3 FY2020 Earnings Presentation
14 slides from Coforge's earnings presentation, Jan 29, 2020
Slide 1: Financial Performance – Q3FY20
Financial Performance – Q3FY20 Jan 29, 2020 © 2020 2019 NIIT Technologies | www.niit-tech.com | Confidential 1
Slide 2: Agenda
Agenda ▪ Financial Highlights ▪ Business Update ▪ Financial Statements • Income Statement • Balance Sheet ▪ Business Analysis © 2019 NIIT Technologies | www.niit-tech.com | Confidential 2
Slide 3: Financial Highlights – Q3FY20
Financial Highlights – Q3FY20 Q3 Revenue at INR 10,734 Mn EBITDA at INR 1,940 Mn • Up 10.5% YoY, Up 3.4% QoQ • Up 7.5% YoY, Up 2.2% QoQ • Up 16.1% YoY on continuous business • EBITDA Margins at 18.1%, Down 50 bps basis YoY and 20 bps QoQ • Constant currency organic revenue growth is 2.0% Net Profits
Slide 4: Business Highlights for Q3FY20
Business Highlights for Q3FY20 Travel, Transportation & Hospitality(TTH) up 6.2% QoQ, Contributes 28.5% (LQ 27.8%) ▪ Growth in major accounts in EMEA and US ▪ 1 New customer added Insurance up 0.2% QoQ, Contributes 30.2% (LQ 31.1%) ▪ Growth in Top account in US BFS down 1.3% QoQ, Contributes 16.0% (
Slide 5: Consolidated Income Statement – Continuing Business (Excl. GIS)
Consolidated Income Statement – Continuing Business (Excl. GIS) INR Mn. Particulars (INR Mn) Q3FY20 Q2FY20 QoQ% Q3FY19 YoY% Gross Revenues 10,734 10,385 3.4% 9,249 16.1% GM% 34.1% 34.6% -41 Bps 34.8% -64 Bps EBITDA 1,940 1,898 2.2% 1,677 15.7% EBITDA% 18.1% 18.3% -20 Bps 18.1% -6 Bps Profit Before T
Slide 6: Consolidated Income Statement (Reported)
Consolidated Income Statement (Reported) INR Mn. Particulars (INR Mn) Q3FY20 Q2FY20 QoQ% Q3FY19 YoY% Gross Revenues 10,734 10,385 3.4% 9,717 10.5% GM% 34.1% 34.6% -41 Bps 35.4% -122 Bps EBITDA 1,940 1,898 2.2% 1,805 7.5% EBITDA% 18.1% 18.3% -20 Bps 18.6% -50 Bps Profit Before Tax 1,621 1,527 6.2% 1,
Slide 7: Balance Sheet
Balance Sheet INR Mn. As at Dec 31 As at Sept 30 As at Dec 31 As at Dec 31 As at Sept 30 As at Dec 31 Particulars Particulars 2019 2019 2018 2019 2019 2018 Equity 625 624 616 Fixed Assets 4,867 4,955 4,267 Reserves & Surplus 23,096 22,401 18,979 Capital Work in Progress 34 82 12 Intangible Assets 6,
Slide 8: Geography Mix
Geography Mix Q2 FY20 Q3 FY20 ROW, ROW, 14% 15% Americas Americas, , 49% 48% EMEA, EMEA, 37% 37% © 2020 2019 NIIT Technologies | www.niit-tech.com | Confidential 8
Slide 9: Vertical Mix
Vertical Mix Q2 FY20 Q3 FY20 Others, BFS, 17% Others, BFS, 16% 24% 25% Insurance, Insurance, 30% TTH, 28% 31% TTH, 29% © 2020 2019 NIIT Technologies | www.niit-tech.com | Confidential 9
Slide 10: Service Mix
Service Mix Q2 FY20 Q3 FY20 IP Based, 5% IP Based, 6% IMS, 16% IMS, 17% BPO, 3% BPO, 3% SI & PI, SI & PI, 2% 1% I ADM, 74% ADM, 73% © 2020 2019 NIIT Technologies | www.niit-tech.com | Confidential 10
Slide 11: Order Intake
Order Intake Order Intake ($ Mn) 240 218 220 200 170 175 176 180 160 140 120 100 80 Q4 FY19 Q1 FY20 Q2 FY20 Q3 FY20 • 10 new customers added: 6 in US, 2 in EMEA and 2 in ROW • $218 Mn order intake in the quarter leading to $ 424 Mn of firm business executable over next 12 months • Geographical break
Slide 12: Top Client Mix
Top Client Mix 48% 50% Others Top 20 52% 50% Top 10 Top 5 39% 36% 29% 27% Q2'20 Q3'20 MM $ Clients 95 100 © 2020 2019 NIIT Technologies | www.niit-tech.com | Confidential 12
Slide 13: People Resources
People Resources 10,800 10,849 10,263 10,297 Mar'19 June'19 Sept'19 Dec'19 Net Additions 119 34 503 49 Attrition% 12.24% 12.98% 12.33% 11.93% Utilization 79.3% 80.5% 80.7% 79.3% © 2020 2019 NIIT Technologies | www.niit-tech.com | Confidential 13
Slide 14: End of Document
End of Document © 2019 NIIT Technologies | www.niit-tech.com | Confidential 14