Commenting on Q3FY22 results, Rahul Kanodia, MBA Columbia (USA), Vice Chairman and CEO said, “We are pleased to report another stable quarter backed by strong margins. Despite headwinds due to supply challenges and investments in talent acquisition, we have been able to maintain a decent EBITDA margin of 16.8% in the quarter. We have won several deals across IT and BPM segment during the quarter. Our commitment to a digital first customer experience remains central to our offering. We will continue to focus on deepening customer relationships with an emphasis on digital transformation.”
He further added, “I am glad to share that recently we were awarded the Automatic Fare Collection contracts for Delhi - Meerut Corridor by NCRTC and Kolkata Metro by Rail Vikas Nigam Limited. Additionally, we entered into a long-term strategic partnership with a global leader in workforce solutions for providing Digital Customer Management Solutions. We are witnessing a strong demand environment across sectors we operate in, and are well positioned to capitalize on this growth opportunity. I would like to thank our customers, stakeholders for continuing trust in us and Datamaticians for the dedicated performance.”
Further Sameer Kanodia, MBA Bryant University (USA), Managing Director & CEO of Lumina Datamatics said, “Our strong performance is a testament of the enormous confidence our clients have in us and unceasing hard work of our employees. We have consolidated our standing as a leading BPM player in the Publishing and e-Commerce space; in this space over half of the largest Publishers and some of the largest e-Retailers worldwide are giving us increasing business.”
Key Financial Highlights — Q3FY22
Particulars (₹ in Mn) | Q3 FY22 | Q3 FY21 | YoY % | Q2 FY22 | QoQ % | ||||
(Q3FY21 financials excluding Cignex divested in Q4FY21) | |||||||||
Revenue from Operations | 3,007.7 | 2,619.4 | 14.8% | 2,992.3 | 0.5% | ||||
EBITDA | 505.1 | 319.4 | 58.1% | 498.7 | 1.3% | ||||
EBITDA Margin % | 16.8% | 12.2% | 460bps | 16.7% | 13bps | ||||
PBT | 476.0 | 252.1 | 88.8% | 460.8 | 3.3% | ||||
PAT (After NCI) | 369.7 | 191.2 | 93.4% | 353.0 | 4.7% | ||||
PAT Margin % | 12.1% | 7.2% | 484bps | 11.6% | 44bps | ||||
EPS (Diluted) (₹) | 6.27 | 3.24 | 93.4% | 5.99 | 4.7% | ||||
Particulars (₹ in Mn) | Q3 FY22 | Q3 FY21 | YoY % | Q2 FY22 | QoQ % | ||||
(Q3FY21 financials including Cignex divested in Q4FY21) | |||||||||
Revenue from Operations | 3,007.7 | 3,030.6 | (0.8%) | 2,992.3 | 0.5% | ||||
EBITDA | 505.1 | 389.0 | 29.9% | 498.7 | 1.3% | ||||
EBITDA Margin % | 16.8% | 12.8% | 396bps | 16.7% | 13bps | ||||
PBT | 476.0 | 320.9 | 48.3% | 460.8 | 3.3% | ||||
PAT (After NCI) | 369.7 | 221.6 | 66.9% | 353.0 | 4.7% | ||||
PAT Margin % | 12.1% | 7.2% | 482bps | 11.6% | 44bps | ||||
EPS (Diluted) (₹) | 6.27 | 3.76 | 66.9% | 5.99 | 4.7% | ||||
Key Financial Highlights — 9MFY22
Particulars (₹ in Mn) | 9M FY21 financials excluding Cignex | 9M FY21 financials including Cignex | ||||
9M FY22 | 9M FY21 | YoY % | 9M FY22 | 9M FY21 | YoY % | |
Revenue from Operations | 8,877.5 | 7,396.9 | 20.0% | 8,877.5 | 8,657.6 | 2.5% |
EBITDA | 1,418.0 | 808.0 | 75.5% | 1,418.0 | 1,003.9 | 41.2% |
EBITDA Margin % | 16.0% | 10.9% | 505bps | 16.0% | 11.6% | 438bps |
PBT (Before Exceptional Item) |
1,303.8 | 557.5 | 133.9% | 1,303.8 | 747.9 | 74.3% |
PBT* | 1,405.5 | 557.5 | 152.1% | 1,405.5 | 747.9 | 87.9% |
PAT (After NCI) | 1,118.7 | 429.2 | 160.7% | 1,118.7 | 510.9 | 119.0% |
PAT Margin % | 12.4% | 5.8% | 665bps | 12.4% | 5.9% | 654bps |
EPS (Diluted) (₹) | 18.98 | 7.28 | 160.7% | 18.98 | 8.67 | 119.0% |
*PBT includes exceptional item on account of one-time exchange gains of ₹ 101.7 Mn, arising from buy back of equity share capital and redemption of preference share capital held in overseas subsidiaries. |
Balance Sheet Highlights (₹ in Mn) | Q3 FY22 | Q3 FY21 | Q2 FY22 |
Total Cash & Cash Equivalent plus Liquid Investments (net of debt) | 3,720.9 | 2,543.1 | 3,412.2 |
Free Cash Flow | 1,272.5 | 1,299.7 | 1,008.5 |
DSO (Days) | 64 | 68 | 65 |
Key Deal Wins in Q3FY22
- National Capital Region Transport Corporation (NCRTC) awarded Automatic Fare Collection contract for Delhi - Meerut RRTS Corridor
- Rail Vikas Nigam Limited awarded Automatic Fare Collection contract for Kolkata Metro
- A US based global leader in workforce solutions for Customer Management solutions through next-generation digital technology
- Expanded relationship with a large bank for developing cutting edge Digital Experiences through a dedicated offshore delivery centre
- A large Middle East bank for digital transformation of their legacy applications through an offshore delivery centre
- A global leader in technology and supply chain services for digital transformation of Finance & Accounting processes using Datamatics IDP product TruCap+
- A US based leading mortgage lender to digitally transform their legacy applications.
- A US based not for profit historical society for media simulation work.
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Securities Support WhatsApp Number
+91 9892691696
www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.