Mphasis Limited · NSE:MPHASIS
Mphasis — Q3 FY2006 Earnings Presentation
12 slides from Mphasis's earnings presentation, January 2006
Slide 1: Financials Presentation
Financials Presentation • Quarter ended 31 December 2005 IT SERVICES | BPO | SOLUTIONS
Slide 2: 2003–05 At A Glance - Group
2003–05 At A Glance - Group (Rs million) 9000 8000 31.9% 7000 6000 35.2% 5000 4000 3000 34.5.% 2000 11.0% 26.4% 1000 47.3% 36.9% 30.3% 30.9% 15.6% 17.0% 16.3% 0 Revenue Gross Profit Net Profit 2004–05 7,656.6 2,366.1 1,246.2 2003–04 5,805.8 1,759.2 985.7 2002-03 4,292.6 1,585.2 669.3 Confidential ©
Slide 3: 2003–05 At A Glance – IT Services
2003–05 At A Glance – IT Services (Rs million) 6000 5000 22.3% 4000 17.3% 3000 2000 15.7% (3.2)% 1000 13.8% (6.0)% 41.2% 34.0% 32.2% 21.0% 20.4% 15.7% 0 Revenue Gross Profit Net Profit 2004-05 4,814.7 1,549.0 754.9 2003–04 3,935.9 1,338.5 802.8 2002-03 3,356.0 1,382.3 705.3 Confidential © MphasiS
Slide 4: 2003–05 At A Glance – BPO Services
2003–05 At A Glance – BPO Services (Rs million) 3350 52.0% 2850 2350 99.6% 1850 1350 94.2% 850 168.7% 107.3% 350 608.1% 21.7% 22.5% 28.7% 9.8% 17.2% -150 (3.8)% Revenue Gross Profit Net Profit 2004–05 2,841.9 817.1 491.4 2003–04 1,869.9 420.7 182.9 2002–03 936.6 202.9 (36.0) Confidential © MphasiS
Slide 5: Revenue - last 11 quarters
Revenue - last 11 quarters (Rs million) 3000 2500 6.6% 3.5% 7.1% 6.9% 2000 9.8% (0.6)% 10.7% 6.8% 4.0% 1500 9.8% 1000 500 0 Q/E Jun 03 Q/E Sep 03 Q/E Dec 03 Q/E Mar 04 Q/E June 04 Q/E Sep 04 Q/E Dec 04 Q/E Mar 05 Q/E Jun 05 Q/E Sep 05 Q/E Dec 05 IT 925.8 981.4 1,003.1 1,025.6 1,111.1 1,222.0 1,173.4
Slide 6: Gross Profit - last 11 quarters
Gross Profit - last 11 quarters (Rs million) 900 800 32.1% 32.1% 700 33.2% 28.6% 29.6% 600 30.0% 30.9% 500 29.5% 32.3% 29.6% 29.9% 400 300 200 100 0 Q/E Jun 03 Q/E Sep 03 Q/E Dec 03 Q/E Mar 04 Q/E June 04 Q/E Sep 04 Q/E Dec 04 Q/E Mar 05 Q/E Jun 05 Q/E Sep 05 Q/E Dec 05 Total 389.7 461.7 439.6 468.1
Slide 7: Net Profit - last 11 quarters
Net Profit - last 11 quarters (Rs million) 468 418 17.7% 16.8% 368 20.1% 15.3% 16.3% 15.1% 318 19.2% 14.0% 268 17.8% 15.8% 218 15.0% 168 118 68 18 -32 Q/E Jun 03 Q/E Sep 03 Q/E Dec 03 Q/E Mar 04 Q/E June 04 Q/E Sep 04 Q/E Dec 04 Q/E Mar 05 Q/E Jun 05 Q/E Sep 05 Q/E Dec 05 Total 194.9 254.6 284.9 251
Slide 8: Utilisation - last 11 quarters
Utilisation - last 11 quarters 84% 80% 76% 72% 68% 64% 60% Q/E Jun 03 Q/E Sep 03 Q/E Dec 03 Q/E Mar 04 Q/E June 04 Q/E Sep 04 Q/E Dec 04 Q/E Mar 05 Q/E Jun 05 Q/E Sep 05 Q/E Dec 05 IT 75% 75% 71% 67% 72% 72% 71% 72% 76% 77% 75% BPO 65% 68% 67% 68% 67% 66% 67% 68% 71% 72% 66% Confidential © MphasiS
Slide 9: IT Services Client Concentration - last 11 quarters
IT Services Client Concentration - last 11 quarters 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% Q/E Jun 03 Q/E Sep 03 Q/E Dec 03 Q/E Mar 04 Q/E June 04 Q/E Sep 04 Q/E Dec 04 Q/E Mar 05 Q/E Jun 05 Q/E Sep 05 Q/E Dec 05 Top 20 Clients 86% 86% 86% 84% 82% 81% 82% 78% 74% 74% 75% Top 10 Clients 70% 71%
Slide 10: BPO Services Client Concentration - last 11 quarters
BPO Services Client Concentration - last 11 quarters 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% Q/E Jun 03 Q/E Sep 03 Q/E Dec 03 Q/E Mar 04 Q/E June 04 Q/E Sep 04 Q/E Dec 04 Q/E Mar 05 Q/E Jun 05 Q/E Sep 05 Q/E Dec 05 Top 5 79% 76% 72% 62% 60% 61% 60% 58% 58% 56% 56% Clients Top 3 56% 52% 48% 43% 4
Slide 11: Cash Balances - last 11 quarters
Cash Balances - last 11 quarters (Rs million) 1800 1600 83.6% 1400 89.7% 83.5% 1200 60.8% 68.3% 51.8% 1000 46.6% 800 59.9% 32.3% 27.5% 600 400 16.9% 200 0 Q/E Jun 03 Q/E Sep 03 Q/E Dec 03 Q/E Mar 04 Q/E June 04 Q/E Sep 04 Q/E Dec 04 Q/E Mar 05 Q/E Jun 05 Q/E Sep 05 Q/E Dec 05 Group 780.2 976.6 1,333
Slide 12: Debtors Days Outstanding - last 11 quarters
Debtors Days Outstanding - last 11 quarters 90 80 70 60 50 40 30 20 10 Q/E Jun 03 Q/E Sep 03 Q/E Dec 03 Q/E Mar 04 Q/E June 04 Q/E Sep 04 Q/E Dec 04 Q/E Mar 05 Q/E Jun 05 Q/E Sep 05 Q/E Dec 05 IT 71 81 72 74 68 56 56 59 55 63 62 BPO 72 52 54 58 50 49 54 46 61 63 51 Total 71 73 71 70 61 53 55 54 56 6