Alldigi Tech Limited
3,171words
8turns
0analyst exchanges
0executives
Key numbers — 40 extracted
rs,
26%
8%
₹83.2
17%
₹22.0
39%
₹21.7
3%
₹16.5
16%
14%
Speaking time
2
1
1
1
1
1
1
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Opening remarks
Highlights include
Revenue increased 8% over Q2 FY22 at ₹83.2cr EBITDA increased 17% over Q2 FY22 at ₹22.0cr; OCF increased 39% over Q2 FY22 at ₹21.7cr PBT increased 3% over Q2 FY22 at ₹16.5cr Key financial highlights Particulars Q3FY22 Q2FY22 QoQ Q3FY21 YoY (%) In ₹ Lakhs 9M FY22 9M FY21 YoY (%) Revenue EBITDA 8,322 7,712 8% 7,169 16% 23,183 20,321 14% 2,201 1,884 17% 1,806 22% 5,666 4,498 26% EBITDA Margin % 26.4% 24.4% 202 bps 25.19% 126 bps 24.4% 22.1% 231 bps PBT 1,648 1,596 3% 1,248 32% 4,296 2,869 50% PAT before Tax on dividend 1,316 1,295 2% 887 48% 3,402 2,134 59% Tax on dividend income from Manila Subsidiary - - - - - 1,588 PAT 1,316 1,295 2% 887 48% 1,814 2,134 (15%) PAT Margin % 15.8% 16.8% (98 bps) 12.4% 344 bps 7.8% 10.5% (268)bps Diluted EPS ( in ₹) 8.64 8.50 2% 5.82 48% 11.90 14.00 (15%) W W W . A L L S E C T E C H . C O M Business Update Digital Business Services (DBS): Revenue higher by 12% QoQ at ₹54.6 Cr International business revenue higher by 15% QoQ, at ₹37.0 Cr, as rev
About Allsec Technologies Limited
Allsec Technologies Limited (BSE: 532633, NSE: ALLSEC), headquartered in Chennai has been a pioneer in the HRO and International DBS spaces, and is today the leading Payroll Services Provider in India. Founded in 1998, Allsec is today a global brand, offering high-end business process solutions across key industry verticals in 40 countries. With ~ 4,600 employees across India, Philippines and the US, Allsec processes more than 1 million pay slips each month for over 400 clients around the world. Allsec’s leading SmartHR and SmartPay platforms are designed to address the complex challenges in today’s HR environment, integrating the latest in technology including Robotic Process Automation (RPA), Smart Analytics, Chatbots and Mobility for enhanced employee engagement. For further details on Allsec Technologies Limited, please visit http://www.allsectech.com. For more information, please contact: Investor / Analyst contact: Raghunath Parthasarathy Chief Financial Officer raghunath.p@alls
Profitability
• EBITDA increased by 17% QoQ and 22% YoY; • Despite higher EBITDA PAT increased marginally by 2% QoQ due to Interest on IT refund ₹85 Lakhs in Q2 FY22 • • Fx gains lower by ₹85 lakhs (Gain of ₹17.6L in Q3 as against ₹102.6 in Q2)
Cash Generation
• Cash and short term investments reduced by ₹55.4cr to ₹122.7cr mainly due to dividend payout of ₹68.5cr. Excluding that, cash increased by ₹ 13.1cr • OCF was at 21.7 cr an increase of 39% over Q2 FY22 and 23% over Q3 FY21 • DSO down at 48 days as compared to 51 in Q2 FY22 1800 1300 Revenue (in ₹ lakh) YoY QoQ 16% 8% 6,392 6,760 7,169 7,348 7,149 7,712 8,322 EBITDA (in ₹ lakh) & margin (%age) 22% 17% YoY QoQ 28% 25% 26% 24% 22% 20% 21% 1,299 1,393 1,806 2,092 1,581 1,884 2,201 40% 35% 30% 25% 20% 15% 10% 5% 0% 2500 2000 1500 1000 500 0 Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 PAT* (in ₹ lakh) & margin (%age) YoY QoQ 50.00% 3,500.00 48% 2% 40.00% 3,000.00 OCF (in ₹ lakh) & %age 2,475 YoY QoQ 23% 39% 180% 2,167 140% 30.00% 2,500.00 20.00% 2,000.00 17% 16% 10.00% 1,500.00 1,387 1,367 0.00% 1,000.00 107% 98% 98% 1,765 1,496 1,560 118% 98% 95% 83% 17% 800 19% 12% 10% 11% 603 644 887 1,378 791 1,295 1,316 300 500.00 -10.00% Q1'20 Q2'21 Q3'21 Q4'21
Cash Generation
• Cash and short term investments reduced by ₹75.6cr to ₹122.7cr from ₹198.3cr in March 2021. The reduction is due to • Dividend paid in Q1 FY22 ₹22.9cr • Dividend paid in Q3 FY22 ₹68.6cr • Tax on dividend received from subsidiary of ₹15.9cr • OCF was at ₹52.2cr an increase of 16% over 9M FY21 • DSO was at 52 days as compared to 46 in 9M FY21 Revenue (in ₹ lakh) EBITDA (in ₹ lakh) & margin (%age) YoY 14% 6000 5000 4000 3000 2000 1000 0 23,183 20,321 9M'21 9M'22 22% 4,498 9M'20 24% 5,666 9M'21 50.00% YoY 26% 40.00% 30.00% 20.00% 10.00% 0.00% PAT*# (in ₹ lakh) & margin (%age) OCF (in ₹ lakh) & %age 3600 3200 2800 2400 2000 1600 1200 800 400 0 40.0% 35.0% YoY 59% 30.0% 25.0% 20.0% 15.0% 10.0% 5.0% 0.0% 6,100.00 5,100.00 4,100.00 3,100.00 2,100.00 1,100.00 100.00 5,223 YoY 16% 170% 4,485 100% 92% 9M'21 9M'22 150% 130% 110% 90% 70% 11% 2,134 9M'21 15% 3,402 9M'22 *9M FY22 PAT excludes tax on dividend income ₹1588 lakhs 13 13 Business segment updates 14 14 Digital Business Services (DBS) – P
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