Beruflich Dokumente
Kultur Dokumente
July 22,2011
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Environment
GDP expected to grow at approx. 8.5%. However, tight monetary policy and sticky inflation dampening growth momentum. Employers remain optimistic about hiring plans; Strong hiring by employers across industries in India with Net Employment Outlook at 51% (up 13 percentage points YoY): Manpower Employment Outlook Survey
Domestic IT firms continue strong hiring outlook based on volume pick up and higher attrition: TCS and Infosys plan to hire over 100,000 in FY12 Banking Industry continues its hiring spree for operations and sales; PSU banks to hire over 4 lac in the next two years.(Source: Times of India) Education and skill development remains a top agenda for governments around the world. However, decision making and execution of government plans has been slow
Corporate training spends recovering. However, US, Europe sovereign debt concerns weigh on corporate decision making
Key Drivers
Growth in Career IT and Banking enrolments in the Individual business Stabilizing execution of multi year Managed Training Services and Online Products
Schools:
Corporate:
Net revenues at Rs. 1,630 million ; up 18% YoY EBITDA at Rs.145 million, margin at 9%, an improvement of 102 bps YoY
School Learning Solutions : Order Intake of Rs. 976 million. Added 173 non Government schools. Non Government schools revenue grew by 24% YoY.
Corporate Learning Solutions : Strong volume growth of 21% resulted in improved margin by 102 bps YoY. Order Intake of $ 25.4 million
Consolidated Financials
(Rs. in million) System wide Revenues Net Revenues Operating expenses EBITDA EBITDA% Depreciation Net Other Income Profit before Tax Tax Operational Net Profit Share of Profits from Associates PAT Basic EPS (Rs.) Q1FY12 4,692 3,212 2,904 307 10% 227 -64 16 -13 29 102 131 0.8 Q1FY11 4,013 2,780 2,493 287 10% 203 -74 10 -15 25 105 130 0.8 YoY (%) 17% 16% 17% 7% -76 bps 12% 10 mn 69% -2 mn 19% -3% 1% 1%
Business Mix
Q1FY11
Rs. 1,377 mn
Corporate 34% Schools 10%
Individual 56%
Q1FY12
Rs. 2,658 mn
Rs. 2,252 mn
Individual 57%
Rs. 384 mn
Rs. 403 mn
Q1FY11
Rs. 109 mn
Corporate 38%
Q1FY12
Rs. 115 mn
Individual 40%
EBITDA
Change
Rs. 145 mn
Rs. 113 mn
Individual 37%
Individual
Schools 22%
-1%
-24%
Schools
Corporate
Rs. 64mn
+34%
Rs. 49 mn
Q1FY12
Enrolments: Global enrolment up 11%, Career IT enrolments up 16%; strong surge in banking enrolments Strong growth in placements; up 28% YoY Pending order book at Rs. 1,384 million, over 70% executable in next 12 months Seats capacity added 6% YoY, 8 centres added Cloud Campus implementation covers 50 centres
Enrolment growth %
9% 8% 11%
AMJ'09
AMJ'10
AMJ'11
Q1'11
Q2'11
Q3'11
57%
Q4'11
58% 36%
15%
11%
13%
12%
21%
58%
-1%
35%
33%
23% 19%
22%
22%
24%
-20%
-17%
-4%
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IP led Revenue
IP led Revenue as % of NIIT Revenue
48% 46% 44% 44% 42% 40% 43% 45%
40%
37% 35%
38%
36%
34%
32% 30% FY'07 FY'08 FY'09 FY'10 FY'11 FY'12
Head Count
3,720 3,874
3,973
4,157
4,434
818
818 797
811 804
873 766
985 854
785
2117
2259
2358
2,518
2,595
AMJ'10
JAS'10
OND'10
JFM'11
AMJ'11
Direct
Indirect
Net addition of 277 people in the Quarter, taking total headcount to 4,434
Shareholding Pattern
27% 27% 10% 29%
29% 9% 28%
27%
10%
10%
29%
29%
34%
34%
34%
34%
34%
AMJ'10
Promoters FIIs
JAS'10
OND'10
JFM'11
AMJ'11
Individual
Cloud Campus & NIIT One World N Guru for Integrated offering Learning Products & Managed Training Services
Schools
Corporate
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