Krishnakumar Natarajan, CEO and Managing Director, MindTree Ltd

India Infoline News Service | Mumbai | May 04, 2015 11:13 IST

"We will exceed Nasscom guidance of 12-14%.for FY16."

Krishnakumar Natarajan, Managing Director and CEO, Mindtree
Krishnakumar Natarajan, CEO and Managing Director, MindTree Ltd has a bachelor’s degree in mechanical engineering from the College of Engineering, Chennai, India, and a master’s degree in Business Administration from the Xavier Institute, Jamshedpur, India.atarajan held several key positions at Wipro before co-founding Mindtree. During this time, he launched and grew the ecommerce division of Wipro, served as Group Vice President of human resources, and was Chief Marketing Officer for Wipro’s IT business. In 2013, Natarajan served as Chairman of the National Association of Software and Services Companies (NASSCOM), where he worked to strengthen the Indian IT industry to be a globally competitive ecosystem comprised of both established and emerging companies. He was ranked 28th of the 50 highest-rated CEOs by Glassdoor in 2013. He won Bloomberg UTV’s award as the CEO of the Year in 2010 and was recognized by Chief Executive Magazine’s as one of the twelve global leaders of tomorrow.
 
Mindtree delivers technology services and accelerates growth for Global 1000 companies by solving complex business challenges with breakthrough technical innovations. Mindtree specializes in e-commerce, mobility, cloud enablement, digital transformation, business intelligence, data analytics, testing, infrastructure, EAI and ERP solutions. It is among the fastest growing technology firms globally with more than 200 clients and offices in 14 countries.
 
Yash Ved of IIFL provides you the highlights of a media conference call, where "We will exceed NASSCOM guidance of 12-14%.for FY16."
 
How was the quarter as a whole?
We have delivered industry leading performance with a revenue growth of 16.4% for FY15. The results validate our decision to transformMindtree to be a valued, digital partner for our clients. In this, our expertise in agile, analytics, cloud and Internet of Things (IoT) is making deep impact.
 
What makes us additionally happy is that our customer satisfaction levels are at a record 3-year high.
 
What is your outlook for the coming quarters?
We will exceed Nasscom guidance of 12-14%.for FY16.
 
Brief us about your Financials?
We have posted a net profit of Rs. 5363 mn for the year ended March 31, 2015 as compared to Rs. 4508 million for the year ended March 31, 2014.Total Income has increased from Rs. 30692 million for the year ended March 31, 2014 to Rs. 36275 million for the year ended March 31, 2015.
 
The Board of Directors, at its meeting held on April 16, 2015 recommended a final dividend of 100% (₹ 10 per equity share of par value ₹ 10 each) for the year ended March 31, 2015. Accordingly, the cumulative dividend declared by the Board of Directors for the year ended March 31, 2015 aggregates to 170% (₹ 17 per equity share of par value ₹ 10 each).
 
Your current order book pipeline?
We have signed orders worth $164 mn in Q4.
 
What is your current employee strength?
The total employee strength stands at 14,202 as of March 31, 2015. The company added 1,517 employees during the quarter on a gross basis.
 
What is your attrition rate?
Our attrition rate stands at 18.2%
 
What is your revenue mix?
About 58.8% of our revenue comes from US, 28% from Europe, 3.7% from India and 9.4% from Rest of the World.

 

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