Sonata Software Limited · NSE:SONATSOFTW
Sonata Software — Q4 FY2010 Earnings Presentation
34 slides from Sonata Software's earnings presentation, May 2010
Slide 1: 2009 - 2010
2009 - 2010 www.sonata-software.com
Slide 2: Total Income : Consolidated
Total Income : Consolidated Rs. In Crores 1800.00 1602.22 450.00 427.04 CAGR : 33% 411.03 1600.00 393.23 1459.43 1393.29 400.00 370.92 379.18 349.82 1400.00 337.81 350.00 326.48 1200.00 300.00 1000.00 917.59 250.00 800.00 200.00 600.00 510.90 150.00 333.73 400.00 100.00 200.00 50.00 0.00 0.00 FY05 F
Slide 3: EBIDT : Consolidated
EBIDT : Consolidated Rs. In Crores 180.00 171.09 50.00 46.49 46.44 163.02 CAGR : 45% 46.42 42.64 160.00 45.00 142.53 38.32 39.91 37.64 140.00 40.00 36.03 120.00 35.00 98.66 30.00 100.00 25.00 80.00 20.00 60.00 44.08 15.00 26.99 40.00 10.00 20.00 5.00 0.00 FY05 FY06 FY07 FY08 FY09 FY10 0.00 FY09 FY09
Slide 4: PAT : Consolidated
PAT : Consolidated Rs. In Crores 79.87 76.57 25.00 80.00 21.98 CAGR : 38% 21.63 21.35 70.00 19.90 58.52 18.78 20.00 17.76 17.81 60.00 17.22 48.03 50.00 15.00 40.00 27.54 30.00 10.00 16.09 20.00 5.00 10.00 0.00 0.00 FY05 FY06 FY07 FY08 FY09 FY10 FY09 FY09 FY09 FY09 FY10 FY10 FY10 FY10 Q1 Q2 Q3 Q4 Q1
Slide 5: ROCE % : Consolidated
ROCE % : Consolidated 35.00 34.16 31.01 35.00 31.33 30.21 30.00 30.00 25.59 25.29 27.34 26.82 27.02 27.24 25.69 25.00 25.00 22.17 20.00 18.19 20.00 15.00 10.80 15.00 10.00 10.00 5.00 5.00 0.00 0.00 FY05 FY06 FY07 FY08 FY09 FY10 FY09 FY09 FY09 FY09 FY10 FY10 FY10 FY10 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
Slide 6: RONW % : Consolidated
RONW % : Consolidated 35.00 35.00 33.62 30.31 28.34 29.97 29.96 30.00 28.16 30.00 26.67 27.00 24.93 25.24 24.74 25.00 25.00 21.30 20.00 18.06 20.00 15.00 10.82 15.00 10.00 10.00 5.00 5.00 0.00 0.00 FY05 FY06 FY07 FY08 FY09 FY10 FY09 FY09 FY09 FY09 FY10 FY10 FY10 FY10 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
Slide 7: Total Income : Sonata Software
Total Income : Sonata Software Rs. In Crores 244.63 70.00 65.08 250.00 241.37 CAGR : 19% 62.09 62.70 60.94 58.42 59.05 60.44 201.10 60.00 57.29 188.23 200.00 50.00 152.08 150.00 40.00 101.32 30.00 100.00 20.00 50.00 10.00 0.00 0.00 FY09…FY09…FY09…FY09…FY10…FY10…FY10…FY10… FY05 FY06 FY07 FY08 FY09 FY
Slide 8: Revenue : Sonata Software
Revenue : Sonata Software Values in US$ m 14.79 60.00 CAGR : 18% 15.00 52.86 13.51 13.35 13.03 13.15 50.12 50.68 12.51 50.00 11.69 11.82 41.64 40.00 10.00 34.31 30.00 22.55 20.00 5.00 10.00 0.00 0.00 FY09 FY09 FY09 FY09 FY10 FY10 FY10 FY10 FY05 FY06 FY07 FY08 FY09 FY10 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
Slide 9: EBIDT : Sonata Software
EBIDT : Sonata Software Rs. In Crores 65.06 69.48 18.89 60.00 17.54 CAGR : 26% 18.00 16.66 16.94 16.88 16.43 16.18 49.15 15.03 50.00 44.35 15.00 40.00 35.92 12.00 30.00 21.71 9.00 20.00 6.00 10.00 3.00 0.00 0.00 FY05 FY06 FY07 FY08 FY09 FY10 FY09 FY09 FY09 FY09 FY10 FY10 FY10 FY10 Q1 Q2 Q3 Q4 Q1 Q2
Slide 10: PAT : Sonata Software
PAT : Sonata Software Rs. In Crores 60.20 14.67 16.36 15.79 60.00 15.00 CAGR : 30% 53.36 13.73 13.27 13.48 13.39 12.87 50.00 12.00 40.00 35.13 36.69 9.00 30.00 26.16 6.00 20.00 16.40 3.00 10.00 0.00 0.00 FY05 FY06 FY07 FY08 FY09 FY10 FY09 FY09 FY09 FY09 FY10 FY10 FY10 FY10 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
Slide 11: ROCE % : Sonata Software
ROCE % : Sonata Software 30.00 30.00 25.42 26.25 24.60 24.92 25.30 25.00 24.15 22.90 25.00 23.20 23.09 21.25 22.01 19.49 20.00 20.00 16.46 15.00 15.00 10.47 10.00 10.00 5.00 5.00 0.00 0.00 FY09 FY09 FY09 FY09 FY10 FY10 FY10 FY10 FY05 FY06 FY07 FY08 FY09 FY10 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
Slide 12: RONW % : Sonata Software
RONW % : Sonata Software 30.00 30.00 25.79 25.24 24.90 25.30 24.60 24.15 23.19 23.09 25.00 25.00 22.90 22.01 20.95 19.42 20.00 20.00 16.46 15.00 15.00 10.47 10.00 10.00 5.00 5.00 0.00 0.00 FY09 FY09 FY09 FY09 FY10 FY10 FY10 FY10 FY05 FY06 FY07 FY08 FY09 FY10 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
Slide 13: Cash Generation : Sonata Software
Cash Generation : Sonata Software Rs. In Crores 60.00 56.33 30.00 28.53 50.00 25.00 44.06 42.19 42.74 40.00 20.00 18.38 34.93 16.63 30.00 15.00 11.82 19.48 9.98 20.00 8.59 10.00 6.00 6.41 10.00 5.00 0.00 0.00 FY05 FY06 FY07 FY08 FY09 FY10 FY09 FY09 FY09 FY09 FY10 FY10 FY10 FY10 Q1 Q2 Q3 Q4 Q1 Q2 Q3
Slide 14: Dividend Payout : Sonata Software
Dividend Payout : Sonata Software Rs. In Crores 18.00 17.87 15.78 170% 15.00 11.57 11.57 10.52 150% 12.00 90% & Final Recommended 80% 9.00 Interim Dividend 110% 6.84 110% 5.26 6.00 100% 65% 3.00 50% 0.00 FY 04 FY 05 FY 06 FY 07 FY 08 FY 09 FY 10
Slide 15: Total Income : SITL
Total Income : SITL Rs. In Crores 700.00 171.42 641.31 168.11 CAGR : 20% 180 160.78 595.76 600.00 160 151.7 150.08 506.39 140 500.00 414.33 117.34 115.18 120 113.08 400.00 336.82 100 300.00 80 200.86 60 200.00 40 100.00 20 0.00 0 FY05 FY06 FY07 FY08 FY09 FY10 FY09 FY09 FY09 FY09 FY10 FY10 FY10 FY10
Slide 16: EBIDT : SITL
EBIDT : SITL Rs. In Crores 15.23 14.47 12.00 5.00 CAGR : 31% 4.52 4.33 4.40 9.63 4.09 4.00 3.74 9.00 3.08 2.9 3.00 2.64 5.68 6.00 4.25 2.00 3.80 3.00 1.00 0.00 0.00 FY05 FY06 FY07 FY08 FY09 FY10 FY09 FY09 FY09 FY09 FY10 FY10 FY10 FY10 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
Slide 17: PAT : SITL
PAT : SITL Rs. In Crores 9.00 8.55 3.00 2.83 CAGR : 35% 7.62 2.53 8.00 2.42 2.50 7.00 2.17 5.84 1.95 6.00 2.00 5.00 1.55 1.50 1.35 1.37 4.00 2.81 3.00 1.00 1.88 1.72 2.00 0.50 1.00 0.00 0.00 FY09 FY09 FY09 FY09 FY10 FY10 FY10 FY10 FY05 FY06 FY07 FY08 FY09 FY10 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
Slide 18: ROCE % : SITL
ROCE % : SITL 45.00 41.91 60.00 54.64 40.00 36.08 50.00 35.00 30.00 40.00 35.75 24.95 32.76 25.00 29.16 20.10 28.16 30.00 24.38 20.00 15.88 17.78 15.00 12.92 20.00 14.23 10.00 10.00 5.00 0.00 0.00 FY09 FY09 FY09 FY09 FY10 FY10 FY10 FY10 FY05 FY06 FY07 FY08 FY09 FY10 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
Slide 19: RONW % : SITL
RONW % : SITL 40.00 60.00 35.30 52.74 35.00 32.77 50.00 30.00 40.37 23.92 40.00 25.00 18.73 29.44 20.00 30.00 26.76 25.29 14.81 13.99 21.11 15.00 20.81 17.82 20.00 10.00 10.00 5.00 0.00 0.00 FY05 FY06 FY07 FY08 FY09 FY10 FY09 FY09 FY09 FY09 FY10 FY10 FY10 FY10 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
Slide 20: Total Income : TUI InfoTec : Consolidated
Total Income : TUI InfoTec : Consolidated Rs. In Crores 800.00 737.07 225.00 674.75 668.33 195.94 189.86 200.00 184.35 177.97 165.34 166.92 169.28 600.00 175.00 155.73 150.00 125.00 400.00 307.82 100.00 75.00 200.00 50.00 25.00 0.00 0.00 FY 07 (5 FY 08 FY 09 FY 10 FY09 FY09 FY09 FY09 FY10 FY10 FY10
Slide 21: Operating Margin : TUI InfoTec : Consolidated
Operating Margin : TUI InfoTec : Consolidated 100.00 25.00 23.68 22.81 21.42 20.94 80.33 73.66 80.00 20.00 18.18 15.89 15.41 15.66 56.98 60.00 15.00 40.00 10.00 27.87 20.00 5.00 0.00 0.00 FY 07 (5 FY 08 FY 09 FY 10 FY09 FY09 FY09 FY09 FY10 FY10 FY10 FY10 mnths) Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
Slide 22: EBIDT : TUI InfoTec : Consolidated
EBIDT : TUI InfoTec : Consolidated Rs. In Crores 100.00 30.00 86.34 88.58 26.00 81.33 24.50 23.86 25.00 23.08 80.00 18.94 19.14 20.00 17.78 16.60 60.00 43.78 15.00 40.00 10.00 20.00 5.00 0.00 0.00 FY 07 (5 mnths) FY 08 FY 09 FY 10 FY09 FY09 FY09 FY09 FY10 FY10 FY10 FY10 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
Slide 23: PAT : TUI InfoTec : Consolidated
PAT : TUI InfoTec : Consolidated Rs. In Crores 60.00 18.00 45.89 15.00 40.00 12.00 9.78 27.90 8.86 27.55 8.33 8.38 9.00 21.16 5.37 5.20 5.12 20.00 6.00 4.42 3.00 0.00 0.00 FY 07 (5 FY 08 FY 09 FY 10 FY09 FY09 FY09 FY09 FY10 FY10 FY10 FY10 mnths) Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
Slide 24: Total Income : SS North America Inc.
Total Income : SS North America Inc. Rs. In Crores 69.42 18.80 70.00 17.89 18.00 17.04 CAGR : 12% 16.18 59.08 15.54 15.68 60.00 14.48 15.00 12.88 47.47 50.00 44.07 44.38 12.00 39.20 40.00 9.00 30.00 6.00 20.00 3.00 10.00 0.00 0.00 FY05 FY06 FY07 FY08 FY09 FY10 FY09 FY09 FY09 FY09 FY10 FY10 FY10 FY10
Slide 25: EBIDT : SS North America Inc.
EBIDT : SS North America Inc. Rs. In Crores 4.50 1.00 CAGR : 8% 3.53 0.78 3.44 0.75 0.69 0.66 3.00 2.48 2.39 0.46 0.50 0.43 0.42 0.38 1.70 1.17 1.50 0.26 0.25 0.00 0.00 FY09 FY09 FY09 FY09 FY10 FY10 FY10 FY10 FY05 FY06 FY07 FY08 FY09 FY10 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
Slide 26: PAT : SS North America Inc.
PAT : SS North America Inc. Rs. In Crores 5.00 0.80 0.76 CAGR : 13% 0.65 0.67 4.00 3.39 3.29 0.60 3.00 0.42 0.41 2.37 0.38 0.38 2.26 0.40 2.00 1.60 0.18 0.20 0.85 1.00 0.00 0.00 FY09 FY09 FY09 FY09 FY10 FY10 FY10 FY10 FY05 FY06 FY07 FY08 FY09 FY10 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
Slide 27: Total Income : International
Total Income : International Rs. In Crores 961.76 1000.00 300.00 CAGR : 46% 888.90 863.66 900.00 256.11 242.93 241.76 250.00 233.57 800.00 221.03 224.79 218.87 211.67 700.00 200.00 600.00 504.65 500.00 150.00 400.00 100.00 300.00 174.08 200.00 132.86 50.00 100.00 0.00 0.00 FY05 FY06 FY07 FY08 FY09 F
Slide 28: EBIDT : International
EBIDT : International Rs. In Crores 156.72 43.60 160.00 147.63 45.00 42.33 42.22 CAGR : 47% 40.00 140.00 132.90 40.00 35.26 35.53 33.13 32.34 35.00 120.00 93.18 30.00 100.00 25.00 80.00 20.00 60.00 15.00 39.83 40.00 10.00 23.20 20.00 5.00 0.00 0.00 FY05 FY06 FY07 FY08 FY09 FY10 FY09 FY09 FY09 FY09 F
Slide 29: PAT : International
PAT : International Rs. In Crores 68.09 71.45 21.00 60.00 19.25 19.65 18.57 19.45 CAGR : 38% 52.68 18.00 45.40 16.12 50.00 16.23 15.29 15.00 15.00 40.00 12.00 30.00 25.66 9.00 20.00 14.37 6.00 10.00 3.00 0.00 0.00 FY05 FY06 FY07 FY08 FY09 FY10 FY09 FY09 FY09 FY09 FY10 FY10 FY10 FY10 Q1 Q2 Q3 Q4 Q1 Q
Slide 30: Total Income : Domestic
Total Income : Domestic Rs. In Crores 700.00 640.46 180.00 168.10170.92 CAGR : 20% 160.31 595.76 600.00 160.00 151.48149.89 504.76 140.00 500.00 116.25 409.79 115.18 113.02 120.00 400.00 336.82 100.00 300.00 80.00 200.86 60.00 200.00 40.00 100.00 20.00 0.00 0.00 FY05 FY06 FY07 FY08 FY09 FY10 FY09 FY
Slide 31: EBIDT : Domestic
EBIDT : Domestic Rs. In Crores 18.00 5.00 4.51 4.40 CAGR : 31% 15.16 4.50 4.28 4.09 15.00 14.38 4.00 3.69 3.50 12.00 3.06 2.84 9.63 3.00 2.64 9.00 2.50 2.00 5.49 6.00 1.50 4.25 3.79 1.00 3.00 0.50 0.00 0.00 FY09 FY09 FY09 FY09 FY10 FY10 FY10 FY10 FY05 FY06 FY07 FY08 FY09 FY10 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
Slide 32: PAT : Domestic
PAT : Domestic Rs. In Crores 9.00 8.46 8.40 3.00 2.82 2.53 CAGR : 37% 2.53 7.50 2.38 2.50 5.84 1.95 6.00 2.00 1.70 1.63 4.50 1.50 1.33 2.62 3.00 1.00 1.88 1.72 1.50 0.50 0.00 0.00 FY09 FY09 FY09 FY09 FY10 FY10 FY10 FY10 FY05 FY06 FY07 FY08 FY09 FY10 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
Slide 33: SSL Balance Sheet : 31st Mar, 2010
SSL Balance Sheet : 31st Mar, 2010 Rs. In Crores Fixed Assets 32 Sundry Debtors Loans & Advances 56 83 Investments Cash & Bank Balances Long Term 111 25 Short Term 9 Deferred Tax Asset 5 Other Current Asset 3 SITL 3.4 ODSi-Equity 1.2 Sonata Europe 105.2 Sonata GmbH 0.3 Sonata FZ LLC 0.7 Less Current
Slide 34: SSL Consolidated Balance Sheet : 31st Mar, 2010
SSL Consolidated Balance Sheet : 31st Mar, 2010 Rs. In Crores Fixed Assets Loans & Advances 185 186 Cash & Bank Balances 73 Deferred Tax Asset 16 Sundry Debtors 194 Other Current Asset 9 Investments Inventories Long Term 11 15 Short Term 34 Less Current Liab.& Prov. 290 Less Minority Interest 40 Les