Sonata Software Limited · NSE:SONATSOFTW
Sonata Software — Shareholder Meeting (2007)
30 slides from Sonata Software's shareholder meeting presentation, Dec 7, 2007
Slide 1: Annual General Meeting 2007
Annual General Meeting 2007 B Ramaswamy President and Managing Director Sonata Software Limited
Slide 2: Group Structure
Group Structure Sonata Software Ltd (Software Services, IT Infrastructure Management for Overseas clients) 100% 100% 100% 100% Sonata Information Offshore Digital Sonata Europe Sonata Software Technology Ltd Services Inc, USA Limited, London GmbH, Frankfurt (Software Product (Sales & Marketing arm i
Slide 3: Financial Highlights (FY 06-07)
Financial Highlights (FY 06-07) Growth : Consolidated PAT 74% YoY Total Consolidated Income : Rs 914 Cr Total Consolidated Profit : Rs 48 Cr Investment in TUI InfoTec : Euro 18 mill
Slide 4: Highlights : Consolidated
Highlights : Consolidated PAT 98.66 100.00 80.00 60.00 44.08 40.00 26.99 18.18 20.00 0.00 Total Income FY 04 FY 05 FY 06 EBIDT FY 07
Slide 5: ROCE % & RONW %: Consolidated
ROCE % & RONW %: Consolidated 28.34 30.00 ROCE % 30.00 RONW % 25.59 25.00 25.00 18.19 18.06 20.00 20.00 15.00 15.00 10.80 10.82 7.04 10.00 7.06 10.00 5.00 5.00 0.00 0.00 FY 04 FY 05 FY 06 FY 07 FY 04 FY 05 FY 06 FY 07
Slide 6: Highlights : Sonata Software
Highlights : Sonata Software PAT 50.00 44.35 Rs. In Crores 40.00 35.92 30.00 21.71 20.00 14.34 10.00 Total Income 0.00 FY 04 FY 05 FY 06 FY 07 EBIDT
Slide 7: Revenue Spread (in %)
Revenue Spread (in %) 60 55 55 52 50 50 50 48 45 45 40 30 US Europe 20 10 0 FY 04 FY 05 FY 06 FY 07
Slide 8: ROCE % & RONW %: Sonata Software
ROCE % & RONW %: Sonata Software 30.00 ROCE % 30.00 RONW % 25.00 21.25 25.00 20.95 20.00 16.46 20.00 16.46 15.00 15.00 10.47 10.47 10.00 7.61 10.00 7.61 5.00 5.00 0.00 0.00 FY 04 FY 05 FY 06 FY 07 FY 04 FY 05 FY 06 FY 07
Slide 9: Cash Generation : Sonata Software
Cash Generation : Sonata Software Rs. In Crores 50.00 44.06 40.00 34.93 30.00 19.48 20.00 6.00 10.00 0.00 FY 04 FY 05 FY 06 FY 07
Slide 10: Dividend Payout : Sonata Software
Dividend Payout : Sonata Software Rs. In Crores 15.00 11.57 10.52 10.00 6.84 5.26 110% 100% 5.00 65% 50% 0.00 FY 04 FY 05 FY 06 FY 07
Slide 11: Fixed Assets : Sonata Software
Fixed Assets : Sonata Software Rs. In Crores Gross Block 60.53 60.00 Net Block 54.13 50.00 41.53 40.00 31.37 26.65 29.12 30.00 22.87 20.00 9.1 10.00 0.00 FY 04 FY 05 FY 06 FY 07
Slide 12: SSL Balance Sheet : Mar 31, 2007
SSL Balance Sheet : Mar 31, 2007 Rs. In Millions Adv Tax 51 Deposits & Adv. 100 SITL 45 ODSI-Equity 12 ODSI-Pref. 120 Sonata Europe 573 Sonata GmbH 3 Gr. Block 655 Dep. 341 Less Current Liab. & Prov 168 Shareholders Funds 1785
Slide 13: Highlights : SITL
Highlights : SITL PAT 10.00 Rs. In Crores 8.00 5.68 6.00 4.25 3.80 4.00 3.13 2.00 Total Income 0.00 FY 04 FY 05 FY 06 FY 07
Slide 14: ROCE % & RONW % : SITL
ROCE % & RONW % : SITL 30.00 ROCE % 30.00 RONW % 24.95 25.00 25.00 18.73 20.00 20.00 16.24 15.88 14.81 13.99 12.65 12.92 15.00 15.00 10.00 10.00 5.00 5.00 0.00 0.00 FY 04 FY 05 FY 06 FY 07 FY 04 FY 05 FY 06 FY 07
Slide 15: Highlights : TUI InfoTec
Highlights : TUI InfoTec Rs. In Crores 15.00 Rs. In Crores 200.00 173.61 10.42 10.40 10.00 136.43 150.00 5.00 0.00 Q3 Q4 100.00 PAT 22.45 Rs. In Crores 25.00 20.66 20.00 50.00 15.00 10.00 5.00 0.00 Q3 Total Income Q4 0.00 Q3 EBIDT Q4
Slide 16: Highlights : ODSI
Highlights : ODSI PAT 5.00 Rs. In Crores 4.00 3.53 3.44 3.00 2.00 1.17 0.96 1.00 Total Income 0.00 FY 04 FY 05 FY 06 FY 07 EBIDT
Slide 17: Highlights : International
Highlights : International 50.00 45.40 Rs. In Crores Rs. In Crores 600.00 504.65 40.00 25.66 500.00 30.00 20.00 14.37 400.00 10.00 300.00 0.00 FY 05 PAT FY 06 FY 07 93.18 Rs. In Crores 100.00 174.08 200.00 132.86 80.00 60.00 100.00 39.83 40.00 23.20 0.00 20.00 FY 05 FY 06 FY 07 0.00 Total Income FY
Slide 18: Highlights : Domestic
Highlights : Domestic 3.00 2.62 Rs. In Crores Rs. In Crores 600.00 1.88 1.72 2.00 500.00 409.79 1.00 400.00 336.82 0.00 FY 05 FY 06 FY 07 300.00 PAT 200.86 10.00 Rs. In Crores 8.00 200.00 5.49 6.00 4.25 3.79 100.00 4.00 2.00 0.00 FY 05 FY 06 FY 07 0.00 Total Income FY 05 EBIDT FY 06 FY 07
Slide 19: CLSA Report : Jan 2007 : Industry
CLSA Report : Jan 2007 : Industry
Slide 20: CLSA Report : Jan 2007 : Sonata
CLSA Report : Jan 2007 : Sonata
Slide 21: Recognition
Recognition Sep 06 • Oracle’s Best Value Added Distributor (VAD) in Asia Pacific Oct 06 • Mercury’s Asia Pacific Partner of the Year Award Nov 06 • Winner in the Deloitte Technology Fast 50 India 2006 Program Dec 06 • Winner in the Deloitte Technology Fast 500 Asia Pacific 2006 ….contd
Slide 22: Recognition (contd)
Recognition (contd) Dec 06 • Microsoft’s Best Partner – Compete Category, Greater New England District Feb 07 • Most Outstanding Mercury / HP Software Solution Partner Award 2006 Apr 07 • Oracle’s Best Mid Market Applications Vendor 2007 May 07 • BEA’s Best Distributor in India 2007 Jun 07 • Indian
Slide 23: Our Strategy: Organic and Inorganic
Our Strategy Organic Inorganic New Account Mining geographies Alliances New offerings Strengthen Domain Offerings expertise Scaling Dely Client base Infrastructure
Slide 24: Organic : Account Mining
Organic : Account Mining CAGR 127 % 281 % 26 % Others FY 03 FY 04 FY 05 FY 06 FY 07 3 Yrs Cust. 33 % 44 % 55 % 74 % 82% 4 Yrs Cust. BUSINESS FROM LONG TERM CUSTOMERS 5 Yrs cust.
Slide 25: Organic : Alliances
Organic : Alliances All Logos & Trade Marks are the registered properties of the respective owners
Slide 26: Organic : Services
Organic : Services Sonata’s Services Portfolio APPLICATION MANAGED BUSINESS PACKAGED MAINTENANCE DEVELOPMENT TESTING INTELLIGENCE APPLICATIONS NEW DW INCIDENTS CONSULTING IMPLEMENTATION DEVELOPMENT MODELLING TEST GLOBAL RE-ENGINEERING ENHANCEMENTS ETL PLANNING ROLL-OUTS WEB PRODUCTION TEST OLAP CUST
Slide 27: Organic : Delivery Infrastructure
Organic : Dely Infrastructure GDC 1 (Bangalore) GDC 2 (Bangalore) GDC 3 (Bangalore) GDC 4 (Hyderabad) Multi city; Multi site Secure Infrastructure DR and BCP GDC- Global Development Center
Slide 28: Inorganic : JV with TUI InfoTec : Strategic Rationale
Inorganic : JV with TUI InfoTec : Strategic Rationale Largest untapped IT services market in Europe Tough to penetrate Critical Success Factors : German Language and Culture At least one of the top Indian services companies will make a major acquisition in Germany within the next 3 years.
Slide 29: Inorganic : Joint Value Proposition
Inorganic : Joint Value Proposition • De-risked global delivery model – Established German presence • Trust, confidence, language capability & cultural alignment – Model proven by successful 3 year relationship • Full-service provider – Software services – a wide array of services & technology exper
Slide 30: Thank You
SONATA LLIULUNLE Thank You