Investor Presentation Q1 FY 2011-12 2 SAFE HARBOUR STATEMENT - - PDF document

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Investor Presentation Q1 FY 2011-12 2 SAFE HARBOUR STATEMENT - - PDF document

Oct 05, 2023 347 likes •541 views

Investor Presentation Q1 FY 2011-12 2 SAFE HARBOUR STATEMENT 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

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SLIDE 1

Investor Presentation

Q1 – FY 2011-12

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SLIDE 2

SAFE HARBOUR STATEMENT

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 relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, intense competition in the BPO industry including those factors which may affect our cost advantage, wage increases, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-timeframe contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Hinduja Global has made strategic investments, withdrawal of governmental fiscal incentives, political instability, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property and general economic conditions affecting our industry. Hinduja Global may, from time to time, make additional written and oral forward-looking statements, including our reports to shareholders. The company does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the company.

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SLIDE 3

Financial Performance : Q1 FY 2011-12

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SLIDE 4

Business Highlights & Financial Performance

HGSL Confidential 2010

Operational

  • 5 New clients added during QE Jun 2011. Global Client base stood at 111
  • Global Headcount at 19,854 a growth of 2.1% over the previous quarter
  • Total seats at 17,874 – Occupancy of 81.4%

Financials : QE Jun 2011 Compared to QE Jun 2010

  • Total Revenue for QE Jun’11 at Rs. 286.9 Cr., a growth of 22.6% over QE Jun’10 of Rs. 234.1 Cr.
  • Operating Revenue for QE Jun’11 at Rs. 278.4 Cr., a growth of 22.8% over QE Jun’10 of Rs. 226.7 Cr.
  • EBITDA for QE Jun’11 at Rs. 29.7 Cr., as compared to Rs. 31.5 Cr. for QE Jun’10
  • PAT for QE Jun’11 at Rs. 20.3 Cr., as compared to Rs. 23.1 Cr. for QE Jun’10
  • EBIDTA Margin at 10.7% for QE Jun’11 against 13.9% for QE Jun’10
  • PAT Margin at 7.3% for QE Jun’11 against 10.2% for QE Jun’10

Financials : QE Jun 2011 Compared to QE Mar 2011

  • Total Revenue for QE Jun’11 at Rs. 286.9 Cr., as compared to Rs. 303.3 cr. for QE Mar’11
  • Operating Revenue for QE Jun’11 at Rs. 278.4 Cr., as compared to Rs. 293.5 cr. for QE Mar’11
  • EBITDA for QE Jun’11 at Rs. 29.7 Cr., as compared to Rs. 44.1 Cr for QE Mar’11
  • PAT for QE Jun’11 at Rs. 20.3 Cr., as compared to Rs. 30.9 Cr. for QE Mar’11
  • EBIDTA Margin at 10.7% for QE Jun’11 against 15.03% for QE Mar’11
  • PAT Margin at 7.3% for QE Jun’11 against 10.5% for QE Mar’11

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SLIDE 5

Revenue Growth

Note: IT / ITES (BPO) Operating Revenues of Hinduja TMT Ltd, pertaining to previous period is shown for comparative purposes

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432 673 821 915 1102 47% 56% 22% 12% 20%

  • 200

400 600 800 1,000 1,200 FY 2007 FY 2008 FY 2009 FY 2010 FY 2011

  • Rs. Crores

Revenue Growth (FY 2007 to 2011)

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SLIDE 6

Revenue Performance – Last 6 Quarters

223 227 266 287 293 278

  • 50

100 150 200 250 300 Mar-10 Jun-10 Sep-10 Dec-10 Mar-11 Jun-11

  • Rs. Crores

Quarter Ended

Operating Revenue - Last 6 quarters

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SLIDE 7

EBITDA Performance – Last 6 Quarters

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33.9 31.5 36.7 43.1 44.1 29.7

  • 15

30 45 60 Mar-10 Jun-10 Sep-10 Dec-10 Mar-11 Jun-11

  • Rs. Crores

Quarter Ended

EBITDA - Last 6 quarters

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SLIDE 8

PAT – Last 6 Quarters

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26.0 23.1 25.3 28.0 30.9 20.3

  • 10

20 30 40 50 Mar-10 Jun-10 Sep-10 Dec-10 Mar-11 Jun-11

  • Rs. Crores

Quarter Ended

PAT - Last 6 quarters

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SLIDE 9

Revenue by Geography – QE Jun 2011

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83 50 98 35 266 88 51 111 36 287 92 61 105 36 293 93 54 95 37 278

  • 50

100 150 200 250 300 India Manila Mauritius NA UK Total

  • Rs. Crores

Rolling 4 Quarter Revenue - by Geography

Sep-10 Dec-10 Mar-11 Jun-11

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SLIDE 10

Profit & Loss Account (Current year Q1 – Compared with previous year Q1)

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  • Rs. Crores

P&L Account - Current Year Q1 Vs. Previous Year Q1

Current Yr. Q1

  • Prev. Yr. Q1

% Growth

Sales / Income from operations 278.4 226.7 22.8% Expenditure a) Employees Cost (189.1) (141.6) 33.5% b) Depreciation, Amortisation and Impairment (11.2) (10.0) 12.0% c) Others (59.6) (53.6) 11.1% d) Total (259.9) (205.2) 26.6% Profit from Operations 18.5 21.4

  • 13.6%

(Before other Income, Interest & Exceptional items) Other Income 8.5 7.4 15.0% Profit before Interest & Exceptional Items 27.0 28.8

  • 6.3%

Interest and Other Finance charges (2.8) (1.8) 52.0% Profit from Ordinary Activities before tax 24.2 27.0

  • 10.2%

Exceptional Items

  • Tax Expense

Provision for Taxation ( incl. Deferred Tax ) (1.8) (3.2) MAT Credit (2.1) (0.7) Fringe Benefit Tax

  • Net Profit from Ordinary Activities after Tax

20.3 23.1

  • 12.2%

PAT % 7.3% 10.2% EBITDA 29.7 31.5

  • 5.5%

EBITDA % 10.7% 13.9% TOTAL INCOME 286.9 234.1 22.6%

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SLIDE 11

Profit & Loss Account (Current year Q1 Vs. Previous year Q4)

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  • Rs. Crores

P&L Account - Current Year Q1 Vs. Previous Year Q4

Current Yr. Q1 Current Yr. Q4 % Growth

Sales / Income from operations 278.4 293.5

  • 5.1%

Expenditure a) Employees Cost (189.1) (185.9) 1.7% b) Depreciation, Amortisation and Impairment (11.2) (13.3)

  • 15.9%

c) Others (59.6) (63.5)

  • 6.1%

d) Total (259.9) (262.7)

  • 1.1%

Profit from Operations 18.5 30.8

  • 39.8%

(Before other Income, Interest & Exceptional items) Other Income 8.5 9.8

  • 13.4%

Profit before Interest & Exceptional Items 27.0 40.6

  • 33.4%

Interest and Other Finance charges (2.8) (2.1) 34.9% Profit from Ordinary Activities before tax 24.2 38.5

  • 37.1%

Exceptional Items

  • Tax Expense

Provision for Taxation ( incl. Deferred Tax ) (1.8) (7.4)

  • 75.3%

MAT Credit (2.1) (0.3) 678.0% Fringe Benefit Tax

  • Net Profit from Ordinary Activities after Tax

20.3 30.9

  • 34.2%

PAT % 7.3% 10.5%

  • EBITDA

29.7 44.1

  • 32.6%

EBITDA % 10.68% 15.02% Total Income 286.9 303.3

  • 5.4%
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SLIDE 12

Balance Sheet

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  • Rs. Cr.

Balance Sheet as at… 31-Mar-07 31-Mar-08 31-Mar-09 31-Mar-10 31-Mar-11 30-Jun-11 SOURCES OF FUNDS Shareholders' Funds Share Capital 20.79 20.54 20.54 20.59 20.59 20.59 Reserves and Surplus 666.59 716.28 934.53 928.47 978.24 1,001.72 687.38 736.82 955.07 949.06 998.83 1,022.31 Secured Loans 0.43 19.96 87.47 51.62 35.94 172.13 Unsecured Loans

  • 55.00
  • 63.19

115.11 50.25 Deferred Tax Liability (Net) 0.90 11.43 16.15 17.11 17.74 16.35 TOTAL 688.72 823.20 1,058.69 1,080.98 1,167.63 1,261.04 APPLICATION OF FUNDS Fixed Assets Gross Block 308.61 368.06 446.60 488.21 617.07 584.63 Less: Depreciation/ Amortisation/ Impairment 109.04 136.67 166.05 192.47 243.11 211.69 Net Block 199.56 231.38 280.55 295.75 373.96 372.94 Capital Work-in-Progress 2.66 13.14 16.51 3.64 3.39 2.40 202.22 244.52 297.06 299.39 377.35 375.34 Investments 42.13 2.25 1.29 1.32 1.33 1.33 Current Assets, Loans and Advances Sundry Debtors 99.72 113.03 130.78 142.14 223.03 219.29 Cash and Bank Balances 509.64 493.78 665.11 642.31 618.92 714.92 Other Current Assets 12.68 24.99 37.14 31.09 0.59 0.60 Loans and Advances 154.98 39.94 54.85 88.58 135.00 133.08 777.01 671.74 887.88 904.11 977.54 1,067.88 Less: Current Liabilities and Provisions Current Liabilities 269.17 61.54 68.92 62.20 111.48 162.82 Provisions 63.47 33.77 58.63 61.65 77.11 20.69 332.65 95.30 127.54 123.85 188.59 183.52 Net Current Assets 444.37 576.43 760.34 780.26 788.95 884.36 Miscellaneous Expenditure

  • TOTAL

688.72 823.20 1,058.69 1,080.98 1,167.63 1,261.04

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SLIDE 13

Revenue Distribution : Q1 FY 11-12

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US Dom 34% UK Dom 13% India Dom 14% India Offshore 20% Phil. Offshore 19% Revenue Exposure by Currency: QE Jun'11

US Dom UK Dom India Dom India Offshore

  • Phil. Offshore

USD 73% GBP 13% INR 14% Revenue by Billing Currency : QE Jun'11

USD GBP INR

India 33% Manila 20% Mauritius 0% NA 34% UK 13% Revenue distribution by Geo: QE Jun'11

India Manila Mauritius NA UK

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SLIDE 14

Customer Concentration – Movement Last 4 Quarters

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11% 45% 61% 76% 12% 44% 60% 76%

13% 45% 60% 75%

13% 47% 63% 78%

0% 20% 40% 60% 80% 100% Top Customer Top 5 Customers Top 10 Customers Top 20 Customers

Revenue Concentration - Top Customers Sep-10 Dec-10 Mar-11 Jun-11

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SLIDE 15

Revenue Split by Vertical – Last 4 Quarters

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26% 22% 26% 6% 5% 15% 26% 24% 25% 5% 5% 15% 26% 23% 26% 5% 4% 17% 27% 21% 26% 5% 6% 15%

0% 10% 20% 30% 40%

Telecom & Technology Consumer Elec, Products, Svcs & Retail Health Insurance, Pharma & Healthcare BFS Chemicals & Biotech Others

Vertical-wise Revenue

Sep-10 Dec-10 Mar-11 Jun-11

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Our Top 5 Clients – Last 4 quarters

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11% 10% 13% 6% 5% 12% 10% 12% 7% 4% 13% 11% 12% 6% 4%

13% 12% 12% 6% 5% 0.0% 5.0% 10.0% 15.0% 20.0%

A - Health Ins. B - Health Ins. C - Telecom D - Telecom E - Cons. Elec. Revenue Movement - Top 5 Clients

Sep-10 Dec-10 Mar-11 Jun-11

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SLIDE 17

Global Headcount

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11063 2778 2047 852 16740 12457 3055 2287 931 18730 13663 2964 1989 826 19442 13,539 3,194 1900 802 19,435

  • 4,000

8,000 12,000 16,000 20,000

India Manila US UK Total Head Count - By Geography

Sep-10 Dec-10 Mar-11 Jun-11

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SLIDE 18

Thank You

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