Firstsource Solutions Limited · NSE:FSL
Firstsource Solutions — Q2 FY2017 Earnings Presentation
14 slides from Firstsource Solutions's earnings presentation, Oct 27, 2016
Slide 1: Firstsource Solutions Limited Q2 FY2017 Earnings Update
Firstsource Solutions Limited Q2 FY2017 Earnings Update October 27, 2016 Proprietary Notice: This document contains proprietary and confidential statement information of Firstsource. No part of this document may be reproduced, transmitted, stored in a retrieval system, nor translated into any human
Slide 2: Disclaimer
Disclaimer Certain statements in this presentation concerning our future growth prospects are 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
Slide 3: Agenda
Agenda Performance Highlights Financial Performance Business Outlook © Firstsource 2016 | Confidential | 27-Oct-16 | 3
Slide 4: Q2 FY2017 Highlights (1/3)
Q2 FY2017 Highlights (1/3) Q2 FY2017 Performance Analysis • Operating revenue - Q2 FY17 Revenues at INR 884.4 crore compared to INR 893.5 crore in Q1 FY17 and INR 787.8 crore in Q2 FY16 - Y-o-Y growth of 12.3% in INR terms and growth 14.0% in constant currency terms - Q-o-Q de-growth of 1.0% in INR
Slide 5: Q2 FY2017 Highlights (2/3)
Q2 FY2017 Highlights (2/3) Employee Strength, Seat Capacity And Utilization • 24,910 employees as on September 30, 2016; Seat capacity of 22,797 seats worldwide - 15,100 employees in India and 9,810 employees based outside India, net addition of 762 employees in Q2 FY17 - 48 delivery centers as on S
Slide 6: Q2 FY2017 Highlights (3/3)
Q2 FY2017 Highlights (3/3) Cash and Debt Position • Cash and cash equivalents of INR 122.0 crore as of September 30, 2016 as compared to INR 114.7 crore in previous quarter - Repayment of sixth principal installment of $ 11.25 million on September 30, 2016 - Capex spend in Q2 FY17 of INR 20.8 crore
Slide 7: H1 FY2017 Highlights
H1 FY2017 Highlights H1 FY2017 Performance Analysis • Operating revenue - H1 FY17 Revenues at INR 1,777.9 crore compared to INR 1,529.2 crore in H1 FY16 - Y-o-Y growth of 16.3% in INR terms and growth 15.2% in constant currency terms • Operating EBIT - H1 FY17 operating EBIT at INR 199.5 crore compa
Slide 8: Agenda
Agenda Performance Highlights Financial Performance Business Outlook © Firstsource 2016 | Confidential | 27-Oct-16 | 8
Slide 9: Q2 FY2017 Financial Summary
Q2 FY2017 Financial Summary Revenue By Geography Revenue By Verticals 0.2% 0.3% 0.2% 8.3% 7.3% 6.8% 21.5% 32.4% 35.5% 37.4% 38.3% 38.1% 38.8% 32.5% 29.8% 54.4% 54.4% 55.1% 39.5% 34.8% 34.5% Q2 FY16 Q1 FY17 Q2 FY17 Q2 FY16 Q1 FY17 Q2 FY17 North America UK India, Rest of World Healthcare Telecom and M
Slide 10: Financial Performance – Q2 FY2017
Financial Performance – Q2 FY2017 Q2 FY Q1 FY Q2 FY Revenue From Operations (IN INR Million) 2016 2017 2017 8,935 8,844 9,000 Income from services 7,746 8,753 8,572 7,878 12.3% Y-o-Y Rs. Mn 7,500 Other operating Income 183 1.0% Q-o-Q 132 271 6,000 Revenue from operations 7,878 8,935 8,844 Q2 FY2016
Slide 11: Financial Performance – H1 FY2017
Financial Performance – H1 FY2017 Revenue From Operations (IN INR Million) H1 FY2016 H1 FY2017 17,779 18,000 Income from services 15,075 17,325 15,292 Rs. Mn 14,000 Other operating Income 217 454 16.3% Y-o-Y 10,000 Revenue from operations 15,292 17,779 H1 FY FY2016 H1 FY2017 Personnel and Operating
Slide 12: Agenda
Agenda Performance Highlights Financial Performance Business Outlook © Firstsource 2016 | Confidential | 27-Oct-16 | 12
Slide 13: Business Outlook
Business Outlook • Brexit impact adverse on currency. Positive to BPM outsourcing especially in the Banking sector • Following the selection as a preferred partner to Sky, transition of services from the other partner has commenced. 1st transition of 257 people was effective from Sept 1, 2016 and th
Slide 14: Thank You
THANK YOU Firstsource (NSE: FSL, BSE: 532809, Reuters: FISO.BO, Bloomberg: FSOL@IN) is a global provider of customised BPO (Business Process Outsourcing) services to the Banking & Financial Services, Insurance, Telecom, Media & Publishing and Healthcare sectors. Its clients include FTSE 100, Fortune
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