NIIT Learning Systems Limited — PPTs, 22-01-2025: Investor Presentation

**Financial Highlights:** Q3 revenue reached ₹4,189 Mn, marking a 7% increase YoY and 5% QoQ. EBITDA stood at ₹946 Mn, reflecting a slight rise of 1% YoY and QoQ. However, operating margin decreased by 129 bps YoY to 23%. Profit after tax was ₹617 Mn, an increase of 9% YoY, with EPS at ₹4.5. Net cash saw a healthy rise, reaching ₹6,999 Mn.

**Strategic Initiatives and Growth Drivers:** The company’s focus on client acquisition was evident, adding 2 MTS clients and securing 3 contract renewals. The revenue visibility improved to $391 Mn, driven by strong demand in BFSI and Life Sciences sectors, despite some weaknesses in Management Consulting.

**Investor Implications:** Investors should take note of the company’s resilient growth despite economic challenges. With macroeconomic uncertainties leading to increased outsourcing conversations, there are potential growth opportunities ahead. Nonetheless, operational margins are under pressure; therefore, it’s important to watch closely as the company navigates these dynamics.