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Investor Update
Earnings Presentation FY 11

2011, Zylog Systems Limited. All Rights Reserved

www.zylog.co.in

Financial Highlights
Consolidated financial highlights for the Year ending March 31, 2011

Consolidated revenue for the year stood at Rs. 1916 crore, up 95.5% Y-o-Y
EBITDA margins at 15.3%
PAT stood at Rs.145.1 crore, up 43.8% Y-o-Y
EPS stood at Rs. 88.25, up by 41.7% Y-o-Y

Consolidated financial highlights for the quarter ending March 31, 2011

Consolidated revenue for the quarter stood at Rs. 501.2 crore, up 47.8% Y-o-Y
EBITDA margins for the quarter stood at 16.3% as against 19.3% in Q4 2010
PAT stood at Rs.34 crore; up by 21.5% over Q4 2010.
EPS for the quarter stood at Rs. 20.64; up by 12.9% Y-o-Y

Financial Summary FY11

Particulars

Metrics

Revenue

Net Revenue (INR Crore)

Total Revenue (INR Crore)

Profit

EBITDA (INR Crore)

PBT(INR Crore)
PAT (INR Crore)

Margin

EPS

31-Mar-11
1,915.7
1,920.6

Y-o-Y Growth
(%)
979.9
95.5%
1,004.9
91.1%

31-Mar-10

292.9
205.7
145.1

153.1
130.0
100.9

EBITDA (%)
PBT (%)
PAT (%)

15.3
10.7
7.6

15.6
12.9
10.0

Basic (Rs.)
Diluted (Rs.)

88.25
88.25

62.30
62.30

91.3%
58.2%
43.8%

41.7%
41.7%

Financial Summary Q411

Particulars

Metrics

31-Mar-11
Q4-11
501.2
503.3

31-Dec-10 Q-o-Q Growth 31-Mar-10 Y-o-Y Growth

Q3-10
(%)
Q4-10
(%)
476.6
5.2%
339.1
47.8%
461.7
9.0%
326.4
54.2%

Revenue

Net Revenue (INR Crore)

Total Revenue (INR Crore)

Profit

EBITDA (INR Crore)

PBT(INR Crore)
PAT (INR Crore)

81.9
74.6
34.0

88.9
59.9
38.4

Margin

EBITDA (%)
PBT (%)
PAT (%)

16.3
14.8
6.7

18.7
13.0
8.3

EPS

Basic (Rs.)
Diluted (Rs.)

20.64
20.64

23.34
23.34

-7.9%
24.6%
-12.2%

65.5
41.6
30.1

25.0%
79.5%
21.5%

19.3
12.7
9.2
-11.6%
-11.6%

18.28
18.28

12.9%
12.9%

Operating Metrices Revenue Related

By Service Offering (%)
Products & Solutions
IT Services

By Verticals (%)
BFSI
Telecom
Pharma / Healthcare
Manufacturing
Retails
Government
Others
By Geography (%)
United States
Canada
Europe
Middle East
Asia Pacific

Q1 2011
32.2
67.8

Q1 2011
21.3
20.4
8.1
13.8
16.7
12.1
7.6
Q1 2011
51.1
40.3
2.7
3.1
2.8

Q2 2011
32.1
67.9

Q2 2011
22.8
20.9
8.4
12.7
15.6
12.3
7.3
Q2 2011
51.4
39.8
2.6
3.2
3

Q3 2011
38.5
61.5

Q3 2011
24.5
21.8
8.3
11.8
14.5
12.7
6.4
Q3 2011
51.3
39.5
2.5
3.4
3.3

Q4 2011 FY 10-11
37.8
62.2

35.2
64.8

Q4 2011 FY 10-11
24.6
21.2
8.7
11.3
13.8
13.6
6.8

23.4
21.4
8.5
11.9
14.7
12.9
7.2

Q4 2011 FY 10-11
50.7
40.0
2.8
3.4
3.1

51.1
39.9
2.7
3.2
3.1

Operating Metrices Utilization & Billing Rates

Revenue Mix (%)
Global / Onsite
Offshore / Domestic

Q1 2011 Q2 2011 Q3 2011 Q4 2011 FY 10-11

88.1
84.5
84.7
84.3
85.3
11.9
15.5
15.3
15.5
14.7

Utilization - IT Services Only (%)

Onsite
Offshore

Q1 2011
91.5
85.7

Q2 2011
90.4
86.8

Q3 2011
84.5
85.2

Q4 2011
87.3
85.4

Billing Rate - IT Services (US$ /hr)

Onsite
Offshore

Q1 2011
60.42
22.52

Q2 2011
60.17
20.91

Q3 2011
61.12
23.75

Q4 2011
58.86
24.42

Hours billed - IT Services (per

employee/ quarter)
Onsite
Offshore

Q1 2011 Q2 2011 Q3 2011 Q4 2011

457
452
422
436
450
456
447
448

US$/INR Conversion Rates

Q1 2011 Q2 2011 Q3 2011 Q4 2011

45.72
46.66
45.31
45.89

Operating Metrices Client Related

Client Related (%)
Top Client
Top 5 Clients
Top 10 Clients
Repeat Business

Q1 2011
6.4
21.3
28.7
87.6

Q2 2011
6.8
22.3
29.9
88.5

Q3 2011
7.1
22.7
31.1
89.1

Q4 2011 FY 10-11
7
23.8
31.4
88.8

7
22.9
30.6
88.5

Operating Metrices Employees

Employee Metrics
Technical Staff
IT Services
Onsite
Offshore / Domestic
Products/Solutions
Onsite
Offshore / Domestic
Total Technical Employees

Q1 2011

Q2 2011

Q3 2011

Q4 2011

2547
351

2497
347

2342
613

2390
763

269
509
3676

350
536
3730

406
683
4044

413
736
4302

Zylog Systems Limited

#155 Thiruvalluvar Sala, Kumaran Nagar, Sholinganallur Chennai, India - 600 119
Phone: +91 44 3915 7000 , Fax: +91 44 3915 7009

www.zylog.co.in

2011 Zylog Systems Ltd. All Rights Reserved.

Zylog Systems and The Zylog Systems Logo are trademarks of Zylog Systems Limited. This work may not be used, sold, transferred, adapted, abridged, copied or reproduced in whole on or in part in any manner or
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