HCL Infosystems Limited: Q1 FY17 Investor Update
HCL Infosystems Limited: Q1 FY17 Investor Update
HCL Infosystems Limited: Q1 FY17 Investor Update
Disclaimer
This may contain "forward-looking" information including statements concerning HCL's outlook for the future, as
well as other statements of beliefs, future plans and strategies or anticipated events, and similar expressions
concerning matters that are not historical facts. The forward-looking information and statements are subject to risks
and uncertainties that could cause actual results to differ materially from those that may be inferred to be
expressed in, or implied by, the statements. HCL assumes no obligation to publicly update or revise these forwardlooking statements even if experience or future changes make it clear that any projected results expressed or
implied therein do not materialize. All Trademarks are the sole property of their respective owners.The enclosed
financials provide a line of business wise view based on unaudited management accounts to provide more
granularity and are not as per reported segments.
Legal Notice
Although considerable care has been taken in preparing and maintaining the information and material contained
herein, HCL makes no representation nor gives any warranty as to the currency, completeness, accuracy or
correctness of any of the elements contained herein. Facts and information contained herein are believed to be
accurate at the time of posting. However, information may be superseded by subsequent disclosure, and changes
may be made at any time without prior notice. HCL shall not be responsible for, or liable in respect of, any damage,
direct or indirect, or of any nature whatsoever, resulting from the use of the information contained herein.
The Indian Accounting Standards (Ind-AS), as notified under the Companies (Indian Accounting Standards)
Rules,2015, are applicable to HCL Infosystems Limited (the Company) and its subsidiaries and a jointly
controlled entity(collectively referred to as the Group) for the accounting period commencing from April 1, 2016.
According to Ind AS 101First time adoption of the Indian Accounting Standards, the transition date for adoption of
Ind AS by the Group is July 1, 2015 and hence, the Group has adopted the notified Ind AS effective the transition
date. The figures for Q3 FY16 and Q2 FY16 in this presentation
are also IndAS compliant.
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HCL Infosystems
Consumer
Distribution
Enterprise Services
Enterprise Products
Distribution
Care Services
Global Services
HCL
Infosystems
MEA
HCL Insys
Pte
(Singapore)
Enterprise
Business
Highlights Q1
Business Highlights
Q1 FY17 revenue was Rs. 1,148 Cr. vs. Rs. 1,069 Cr. in Q3 FY16, registering an increase of 7% Q-o-Q
Consumer Business revenue increased 4% Q-o-Q
Enterprise Services revenue was flat Q-o-Q, essentially due to rationalisation of contracts
SI Key projects moving towards commercial closure, pending order book at Rs. 1,100 Cr
Profit / (Loss) before interest and tax for Q1 was Rs. (4.5) Cr
Inaugurated the Defence Communication Network project which is the largest single satellite
network in the Indian Defense Forces, spread across the country; integrating communication
between the Army, Navy and the Air Force
Profit / (Loss) before tax and after exceptional items for Q1 was Rs. (45.8) Cr
Key Recognition
HCL Services felicitated for Best use of Lean Six Sigma: Field Services in IT in the category of
Customer Experience improvement at the World Quality Congress Conference in June 2016
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Q1 P&L - Snapshot
Q1
Particulars
FY17
1
2
3
4
5
6
7
8
1.
2.
3.
Q3
FY16
Consolidated Revenue
Unaudited
Consumer
Business
Enterprise
Business
Learning
573
12.2
(12.7)
(0.2)
crores
SI &
Solutions
Unallocated /
Eliminations
Total
122
(23)
1,148
(1.5)
23.0
(17.0)
4.0 2
(20.3)
6.6
0.5
4.2
0.1
11.2 3
13.0
0.0
0.5
0.0
0.1
2.1
2.7
5.1
12.4
(18.8)
(2.0)
18.9
(15.0)
(4.5)
(28.2)
(45.8) 5
(71.2)
(45.8)
(142.3)
472
41.3 4
0.0
8.7
(17.8)
4.
5.
5
(2.0)
(12.9)
(4.2)
Q3FY16
1,069
43.0
71.1
(28.2)
Q1 P&L - Snapshot
Q1
Particulars
FY17
1
2
3
4
5
6
2.
3.
Consumer Enterprise
Distribution Distribution
Services
Learning
SI &
Solutions
Unallocated /
Eliminations
(23)
1,148
4.0
Q3FY16
333
240
12.2
(1.7)
(11.0)
(1.5)
23.0
(17.0)
(0.2)
1.9
4.7
0.5
4.2
0.1
11.2 3
13.0
0.0
0.2
0.3
0.0
0.1
2.1
2.7
5.1
12.4
(3.4)
(15.4)
(2.0)
18.9
(15.0)
(4.5)
(28.2)
(45.8) 5
(71.2)
(45.8)
(142.3)
Other Income
122
Total
crores
472
Consolidated Revenue
1.
Unaudited
41.3 4
0.0
8.7
(3.5)
4.
5.
(14.3)
(2.0)
(12.9)
(4.2)
1,069
(20.3)
43.0
71.1
(28.2)
5% Q-o-Q
Crores
the business
214
Q2 FY16
OND
316
333
Q3 FY16
JFM
Q1 FY17
AMJ
Enterprise Services*
Q-o-Q relates to Q117 vs Q316 as FY16 comprised of 9 months, to end on March 31, 2016 (Q3 16)
due to change in financial year to comply with the requirement of the Companies Act.
254
Q2 FY16
OND
240
240
Q3 FY16
JFM
Q1 FY17
AMJ
Enterprise services
S.No. Particulars
1
2
3
Q1 FY17
Q2 FY16
Q3 FY16
468
556
(7.9)
(15.3)
(12.7)
8.0
4.4
6.6
(15.3)
(17.8)
(18.8)
OND
Consolidated Revenue
crores
0.6
JFM
1.8
AMJ
573
0.5
The above numbers provide a line of business wise view based on unaudited management accounts to provide more granularity and are not as per reported segments.
Consumer Distribution
Revenues
453
472
Q3 FY16
JFM
Q1 FY17
AMJ
Crores
567
Q2 FY16
OND
Consumer Business
Q-o-Q relates to Q117 vs Q316 as FY16 comprised of 9 months, to end on March 31, 2016 (Q3 16) due to change in financial
year to comply with the requirement of the Companies Act.
S.No. Particulars
1
Consolidated Revenue
2
3
Q1 FY17
Q2 FY16
Q3 FY16
567
453
13.9
9.0
12.2
0.0
0.0
0.3
0.0
(0.2)
13.9
8.7
12.4
OND
JFM
crores
AMJ
472
0.0
The above numbers provide a line of business wise view based on unaudited management accounts to provide more granularity and are not as per reported segments.
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SI & Solutions
Revenues
111
79
Crores
Q2 FY16
OND
Q3 FY16
JFM
SI & Solutions
122
Q1 FY17
AMJ
Q-o-Q relates to Q117 vs Q316 as FY16 comprised of 9 months, to end on March 31, 2016 (Q3 16) due to change in financial
year to comply with the requirement of the Companies Act.
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S.No.
1
Particulars
Consolidated Revenue
2
3
Q1 FY17
Q2 FY16
Q3 FY16
111
79
(7.0)
(6.1)
23.0
1.2
7.5
4.2
(8.1)
(12.9)
18.9
OND
0.0
JFM
0.7
crores
AMJ
122
0.1
SI & Solutions
SI revenue and margins vary based on achievement of project milestones and project mix
PBIT improvement partly attributable to certain cost estimated towards variations, revised post successful completion of
those projects
The above numbers provide a line of business wise view based on unaudited management accounts to provide more granularity and are not as per reported segments.
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Questions?