Niit Limited · NSE:NIITLTD
Niit — Q2 FY2023 Earnings Presentation
9 slides from Niit's earnings presentation, Oct 28, 2022
Slide 1: Results Update- Q2FY23
Results Update- Q2FY23 October 28, 2022
Slide 2: Environment
Environment Global economy is in a broad-based and sharper-than-expected slowdown, Global headwinds impacting growth Macro uncertainty leading to with inflation at multi-decade high. outlook for India as well. IMF now slowdown in decision making in the Growth expected to slow from 6% in expects grow
Slide 3: Q2FY23: In Perspective
Q2FY23: In Perspective Overall NIIT • Revenue at INR 3,922 Mn; up 24% YoY • EBITDA at INR 560 Mn; EBITDA Margin at 14% • PAT at INR 396 Mn; EPS of INR 2.9 • Operational ROCE at 69.3%; ROCE at 16.8% (Including Cash) Corporate Learning Group (CLG) • Revenue at INR 3,004 Mn; up 10% YoY (In CC, revenue
Slide 4: Key Financials
Key Financials INR Mn Q2 FY23 Q1 FY23 QoQ Q2 FY22 YoY Net Revenue 3,922 4,048 -3% 3,156 24% Operating expenses 3,362 3,308 2% 2,418 39% EBITDA 560 740 -24% 738 -24% EBITDA% 14% 18% -400 bps 23% -911 bps Depreciation 150 139 8% 140 7% EBIT 410 601 -32% 598 -31% Net Other Income/ (Expense) 103 3 3246%
Slide 5: Corporate Learning Group
Corporate Learning Group INR Mn Q2 FY23 Q1 FY23 QoQ Q2 FY22 YoY Net Revenues 3,004 3,125 -4% 2,736 10% EBITDA 535 739 -28% 785 -32% EBITDA % 18% 24% -584 bps 29% -1088 bps • Revenue at INR 3,004 Mn up 10% YoY and down 4% QoQ • In constant currency terms - revenue up 5% YoY and down 5% QoQ • EBITDA a
Slide 6: Skills & Careers Group
Skills & Careers Group INR Mn Q2 FY23 Q1 FY23 QoQ Q2 FY22 YoY Net Revenues 918 923 -1% 420 119% EBITDA 25 1 24 Mn -47 72 Mn EBITDA % 3% 0% 264 bps -11% 1384 bps • Revenue at INR 918 Mn up 119% YoY • Excluding RPS Consulting, revenue up 29% YoY • EBITDA at INR 25 Mn vs INR 1 Mn in Q1FY23 and INR (47)
Slide 7: People
People 3,299 3,240 3,104 2,832 2,661 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 Headcount up 59 QoQ and up 638 YoY 7 * excludes project retainers
Slide 8: Share Holding Pattern
Share Holding Pattern 29.9% 30.4% 31.3% 31.6% 32.0% 11.3% 11.7% 12.1% 11.7% 11.9% 23.6% 22.8% 21.5% 21.7% 21.2% 35.1% 35.1% 35.0% 35.0% 34.9% Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 Promoters FPIs DIIs Individuals and Corporates 8 * Includes impact of conversion of ESOPs
Slide 9: Thank You
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