Mindteck (India) Limited · NSE:MINDTECK
Mindteck (India) — Q2 FY2019 Earnings Presentation
22 slides from Mindteck (India)'s earnings presentation, Nov 14, 2018
Slide 1: Cover letter: submission of financial results and board meeting outcome
Mindteck (India) Limited (CIN: L30007KA1991PLC039702) AMR Tech Park, Block 1, 3rd Floor #664, 23/24, Hosur Road, Bommanahalli Bengaluru - 560068. India Tel: +91 80 4154 8000/4154 8300 Fax: +91 80 4112 5813 www.mindteck.com Ref: MT/SSA/2018-19/21 Scrip Code: 517344 November 14, 2018 Symbol: “Mindteck
Slide 2: Statement of unaudited standalone financial results
MINDTECK (INDIA) LIMITED A.M.R TECH PARK, BLOCK I, 3RD FLOOR, # 664, 23/24, HOSUR MAIN ROAD BOMMANAHALLI, BANGALORE 560 068 CIN:L30007KA1991PLC039702 STATEMENT OF UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER AND SIX MONTHS ABER 30, 2018 fRs_in Lakhs, except per share data} | ter ended Year
Slide 3: Unaudited standalone assets and liabilities
MINDTECK (INDEA) LIMITED A.M.R TECH PARK, BLOCK 1, 3RD FLOOR, # 664, 23/24, HOSUR MAIN ROAD BOMMANAHALLI, BANGALORE 560 068 : 30007KA 1991 PLCO39702 UDITED STANDALONE ASSETS AND LIABILITIES STATEMENT OF U. (Rs, in Lakhs) As at September ‘As at March SLNo. | Particulars 30, 2018 31, 2018 Unaudited Au
Slide 4: Notes to standalone financial results
MINDTECK (INDIA) LIMITED. PARK, BLOCK 1, 3RD FLOOR, # 664, 23/24, HOSUR MAIN ROAD BOMMANAHALLI, BA NGALORE 860 068 CIN:L30007K A 1991 PLC039702 STATEMENT OF UNAUDITED STANDALONE FINANCIAL RE: SULTS FOR THE QUARTER AND SIX MONTHS, ENDED SEPTEMBER 30, 2018 ALMLR TE Notes : : 1 The above statement of u
Slide 5: Statement of unaudited consolidated financial results
MINDTECK (INDIA) LIMITED A.MLR TECH PARK, BLOCK 1, 3RD FLOOR, # 664, 23/24, HOSUR MAIN ROAD. BOMMANAHALLI, BANG LORE 560 068 CIN:L30007KA 1991 PL 039702 STATEMENT OF UNAUDI TED CONSOLIDATED FINAN TAL RESULTS FOR THE QUARTER AND SIX MONTHS DED SE. HBER 36, 2018 ERs._in Lakhs, except per share data} Y
Slide 6: Unaudited consolidated assets and liabilities
MINDTECK (INDIA) LIMFFED PCH PARK, BLOCK 1. 3RD FLOOR, # 664, 23/24, HOSUR MAIN ROAD BOMMANAHALLI, BANGALORE 560 068 CEN:1.30007KA 1991 PLC039702 STATEMENT OF UNAUDITED CON: OLIDATED ASSE’ AMR SAND LIABILITIES (Rs. in Lakhs) As at September | As at March 31, SLNo. i Partice 30, 2018 [2018 Unaudited
Slide 7: Notes to consolidated financial results
MINDT 1 2 Notes : K (INDIA) LIMITED. A.M.R TECH PARK, BLOCK 1, 3RD FLOOR, # 664, 23/24, HOSUR MAIN ROAD BOMMANAHALLE, BANGALORE 560 068 CIN:L30007KA 1991 PLC039702 STATEMENT OF UNAUDITED CONSOLIDAI NCIAL RESULTS FOR THE QUARI ENDED SEPTEMBER 30, 2018 AND SIX MONTHS The above statement of unaudited c
Slide 8: Limited review report on standalone results
S.R. BATLIBOI & ASSOCIATES LLP 12th Hoos “UB City" Canberra Block Chartered Accountants No. 24, Vittal Mallya Read Sengaluru ~ 560 001, India Tel :+91 80 6648 9000 Limited Review Report on Quarterly and Year to Date Standalone F (India) Limited pursuant to the Regulation 33 of the Requirements) Regu
Slide 9: Limited review report on consolidated results
SR. BATLIBOI & ASSOCIATES LIP “UB City Canberra Block Chartered tant: No. 24, Vittal Mallya Road "tered Accountants Bengaluru - 560 001, India Tel : +91 80 6648 9000 Review Report to The Board of Directors Mindteck (India) Limited 1. We have reviewed the accompanying statement of unaudited consolida
Slide 10: Mindteck Investor Presentation
Mindteck Investor Presentation SECOND QUARTER ENDED SEPTEMBER 30, 2018 November 14, 2018
Slide 11: Safe Harbor
Safe Harbor Certain statements in this release concerning our future growth prospects may be forward-looking statements, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties r
Slide 12: Financial Performance
Financial Performance www.mindteck.com 3
Slide 13: Performance Highlights
Performance Highlights Q2 2018-19: USD Revenue at $10.91 million, dip of 1.2% QoQ and 6.7% YoY. INR Revenue at ₹745.17 million, dip of 0.03% QoQ and 1.2% YoY. EBITDA at ₹13.98 million as against ₹14.64 million in June 2018 & ₹18.38 million in September 2017. Profit After Tax ("PAT") at ₹9 mi
Slide 14: Performance Summary: Sequential Q2 vs Q1
Performance Summary SEQUENTIAL Q2 FY 19 Vs. Q1 FY 19 (Unaudited) Amount in ₹ million SL # Particulars Q2 19 Q1 19 Change % 1Income: a) Revenue 745 745 0% b) Other income 15 4 253% Total Income (a+b) 761 750 1% 2Expenses: a) Cost of hardware, software and technical sub-contractors 119 120 (1)% b) Emp
Slide 15: Performance Summary: YoY Q2
Performance Summary YoY Q2 FY 19 Vs. Q2 FY 18 (Unaudited) SL # Particulars Q2 19 Q2 18 Change % 1Income: a) Revenue 745 754 (1.2)% b) Other income 15 6 171.2% Total Income (a+b) 761 760 0.1% 2Expenses: a) Cost of hardware, software and technical sub-contractors 119 143 (16.7)% b) Employee benefits e
Slide 16: Performance Summary: YoY half year
Performance Summary YoY FY 19 Vs. FY 18 (Unaudited) Amount in ₹ million SL # Particulars Q2 FY 19 Q2 FY 18 Change % 1Income: a) Revenue 1,491 1,532 (2.7)% b) Other income 20 12 61.6% Total Income (a+b) 1,511 1,544 (2.2)% 2Expenses: a) Cost of hardware, software and technical sub-contractors 239 296
Slide 17: Mindteck Fact Sheet
Mindteck Fact Sheet www.mindteck.com 8
Slide 18: Financial Performance Highlight
Fact Sheet FINANCIAL PERFORMANCE HIGHLIGHT In ₹ Million Growth % Particulars Q2 2019 Q1 2019 Q2 2018 FY 18 QoQ YoY Revenue 745 745 754 (0.03)% (1.2)% 2,968 EBITDA 14 15 18 (4.5)% (23.9)% 13 PAT 9 4 3 117.3% 187.0% (57) In $ Million Growth % Particulars Q2 2019 Q1 2019 Q2 2018 FY 18 QoQ YoY Revenue 1
Slide 19: Geography
Fact Sheet REVENUE METRICS Q2 2019 Q1 2019 Q2 2018 FY 18 Geography USA 70% 71% 73% 72% IMEA 7% 6% 6% 6% Europe 8% 8% 7% 7% APAC 14% 15% 14% 14% Q2 2019 Q1 2019 Q2 2018 FY 18 Delivery Centers USA 70% 71% 73% 72% India 6% 4% 4% 4% Singapore 8% 8% 9% 9% Malaysia 6% 7% 5% 5% UK 7% 7% 6% 6% Germany 2% 1%
Slide 20: Revenue Mix - Business Offerings
Fact Sheet REVENUE METRICS Revenue Efforts Q2 2019 Q1 2019 Q2 2018 FY 18 Mix - Onsite 65% 69% 72% 72% Offshore 35% 31% 28% 28% Revenue Mix - Q2 2019 Q1 2019 Q2 2018 FY 18 Offerings Business Talent Management 58% 60% 62% 62% Product Engineering 25% 25% 25% 24% Information Technology Services 16% 15%
Slide 21: Client and Employee Metrics
Fact Sheet CLIENT METRICS Q2 2019 Q1 2019 Q2 2018 FY 18 Clients Top 5 62% 67% 72% 72% Top 10 75% 78% 79% 79% Q2 2019 Q1 19 FY 18 Other details No of Clients 87 86 115 1 Mn + 3 3 3 5 Mn + 1 1 1 10 Mn + 1 1 1 EMPLOYEE METRICS Q2 2019 Q1 2019 FY 18 PEOPLE Total Headcount 1,059 1,059 1,052 Technical 876
Slide 22: Contact: Chief Financial Officer
If you have any questions, or need assistance, please contact: Mr. Prashanth Idgunji Chief Financial Officer Telephone: +91 80 4154 8002 Email: [email protected] www.mindteck.com © 2018 Mindteck. All Rights Reserved. INVPPT-Q318-021318