Persistent Systems Limited · NSE:PERSISTENT
Persistent Systems — Q3 FY2019 Earnings Presentation
16 slides from Persistent Systems's earnings presentation, Jan 28, 2019
Slide 1: Persistent Systems Limited Analyst Presentation and Fact Sheet
Persistent Systems Limited Quarter ended December 31, 2018 Analyst Presentation and Fact Sheet January 28, 2019
Slide 2: Forward-looking and Cautionary Statements
Forward-looking and Cautionary Statements 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 statement
Slide 3: Key Highlights
Key Highlights
Slide 4: Financial Highlights
Financial Highlights Quarterly Highlights: USD Revenue at US$ 120.84 Million, growth of 2.2% QoQ and decline of 1.4% YoY INR Revenue at ₹ 8,642.49 Million, growth of 3.4% QoQ and 9.1% YoY EBITDA ₹ 1,703.17 Million @ 19.7% of revenue, growth of 18.6% QoQ and 23.9% YoY PAT ₹ 917.17 Million @ 1
Slide 5: Business Updates/ Recognitions
Business Updates/ Recognitions • The Board of Directors declared Interim Dividend of ₹ 8 per share • The Board of Directors, approved buy-back of equity shares under open market route for an aggregate amount not exceeding ₹2,250 million (10% of net worth) at a maximum buy-back price not exceeding ₹7
Slide 6: Sequential Q3 FY19 vs Q2 FY19
Sequential Q3 FY19 vs Q2 FY19 Particulars Change Exps / Sales % Q3FY19 Q2FY19 QoQ Q3FY19 Q2FY19 Revenue ($ M) Services 90.64 87.95 3.1% IP Led 30.20 30.28 -0.3% Revenue ($ M) 120.84 118.23 2.2% Avg. Exchange Rate ₹/US$ 71.52 70.67 1.2% Revenue (₹ M) 8,642.49 8,355.57 3.4% Cost of Revenue ₹M ₹M Emplo
Slide 7: YoY Comparison Q3 FY19 vs Q3 FY18
YoY Comparison Q3 FY19 vs Q3 FY18 Particulars Change Exps / Sales % Q3FY19 Q3 FY18 QoQ Q3FY19 Q3 FY18 Revenue ($ M) Services 90.64 89.68 1.1% IP Led 30.20 32.85 -8.1% Revenue ($ M) 120.84 122.53 -1.4% Avg. Exchange Rate ₹ /US$ 71.52 64.63 10.7% Revenue (₹ M) 8,642.49 7,918.90 9.1% Cost of Revenue ₹M
Slide 8: YTD Comparison Q3 FY19 vs Q3 FY18
YTD Comparison Q3 FY19 vs Q3 FY18 Particulars Exps / Sales % YTD Dec 18 YTD Dec 17 Change YTD Dec 18 YTD Dec 17 Revenue ($ M) Services 268.38 259.23 3.5% IP Led 94.29 94.37 -0.1% Revenue ($ M) 362.67 353.60 2.6% Avg. Exchange Rate ₹ /US$ 69.87 64.51 8.3% Revenue (₹ M) 25,340.87 22,811.57 11.1% Cost
Slide 9: Consolidated Balance Sheet
Consolidated Balance Sheet As on As on Particulars As on March 31, 2018 December 31, 2018 December 31, 2017 Assets PPE and Intangible assets 4,637.84 5,442.11 5,173.88 Non-Current Assets 637.33 525.43 605.90 Cash and Investments 15,337.89 11,377.78 12,264.75 Other Current Assets 8,571.82 8,586.23 8,
Slide 10: Fact Sheet
Fact Sheet
Slide 11: Revenue Business Offerings
Fact Sheet Description / Nos. / % Q3FY19 Q2FY19 Q1FY19 Q4FY18 Q3FY18 FY18 FY17 Revenue from Operations, USD M 120.84 118.23 123.60 116.95 122.53 470.55 429.01 Revenue % QoQ / YoY growth 2.2% -4.3% 5.7% -4.6% 3.8% 9.7% 22.0% Revenue from Operations, INR M 8,642.49 8,355.57 8,342.81 7,525.46 7,918.90
Slide 12: Classification
Fact Sheet Description / % Q3FY19 Q2FY19 Q1FY19 Q4FY18 Q3FY18 FY18 FY17 North America 83.7% 82.6% 79.7% 80.9% 84.4% 83.5% 86.4% Revenue Mix Geography Europe 7.6% 7.5% 12.0% 8.2% 7.3% 7.5% 5.5% India 6.8% 7.3% 6.1% 7.9% 5.8% 6.3% 5.5% ROW 1.9% 2.6% 2.2% 3.0% 2.5% 2.7% 2.6% Total 100.0% 100.0% 100.0%
Slide 13: Client Concentration
Fact Sheet Nos. Q3FY19 Q2FY19 Q1FY19 Q4FY18 Q3FY18 FY18 FY17 Client Billed Services 437 433 438 426 431 569 462 IP Led 192 178 181 177 268 387 465 Includes one time clients with overlap across business offerings Description / % Q3FY19 Q2FY19 Q1FY19 Q4FY18 Q3FY18 FY18 FY17 Concentration Revenue Top 1
Slide 14: People Numbers
Fact Sheet USD / Per Person Month Q3FY19 Q2FY19 Q1FY19 Q4FY18 Q3FY18 FY18 FY17 Yield 5,386 5,329 5,497 5,225 5,355 5,160 4,834 Yield is computed as a ratio of total revenue to billable person months excluding employees under training. Revenue Per USD / Per Person Month Q3FY19 Q2FY19 Q1FY19 Q4FY18 Q3
Slide 15: Efforts and Utilization Mix - Linear
Fact Sheet Description / Nos. / % Q3FY19 Q2FY19 Q1FY19 Q4FY18 Q3FY18 FY18 FY17 Billable Person Months 17,822 17,483 17,593 17,382 17,943 71,207 68,761 Efforts and Utilization Mix - Linear - Global Delivery Centers 2,659 2,656 2,757 2,713 2,777 10,609 8,515 - India 15,163 14,827 14,836 14,669 15,166
Slide 16: Thank You
Thank You