Earnings Call for Q2FY22 of NIIT Ltd.
Conference Call with NIIT Management and Analysts on Q2FY22 Performance and Outlook. Listen to the full earnings transcript.11-11-2021
11-11-2021
NIIT Ltd - 500304 - Announcement under Regulation 30 (LODR)-Investor Presentation
Pursuant to the requirement of Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the presentation made to the Analysts and/or Institutional Investors on the Unaudited Financial Results of the Company for the quarter and half year ended September 30, 2021. The same shall be available on our website i.e. www.niit.com. This is for your information and records.10-11-2021
Q2FY22 Quarterly Result Announced for NIIT Ltd.
Highlights: Records Profit After Tax of Rs. 52.4 Cr, up 101% YoY Q2 Revenue at Rs. 314.2 Cr, up 44% YoY EBITDA margin at 23.5%, up 780 bps YoY Corporate Learning Group (CLG) records revenue growth of 40% YoY and EBITDA margin of 29% CLG signs 6 new MTS contracts; ends the quarter with 63 MTS customers and revenue visibility at $ 294 Mn Skills and Careers Group (SN records accelerated growth of 70% YoY and 11% QoQ on the back of growing demand for TPaaS and StackRoute offerings Speaking on the company's performance during the quarter, Vijay K Thadani, Vice Chairman & Managing Director, NIIT Limited said, "NIIT delivered robust revenue growth of 44% YoY with improved margins. The Corporate Learning business continues to strengthen its market position and has added a record 6 new MTS contracts during the quarter. Our key initiatives in India TPaaS and StackRoute-delivered strong volume growth." Result PDF10-11-2021
NIIT Ltd - 500304 - Announcement under Regulation 30 (LODR)-Change in Directorate
Pursuant to Regulation 30 read with Schedule III Part A Para A (7) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that the Board of Directors at its meeting held on November 10, 2021, has inter alia approved the appointment of Mr. Ravindra Babu Garikipati (DIN: 00984163) as an Additional Director (Non-executive/Independent) of the Company with effect from November 11, 2021. The appointment shall be for a term of five years, subject to the approval of shareholders. Mr. Garikipati is not related to any of the existing Directors of the Company and is not debarred from holding the Office of Director by virtue of any order passed by SEBI or any other such authority. Brief Profile of Mr. Garikipati is enclosed as Annexure A. Kindly take the same on record and acknowledge receipt.10-11-2021
NIIT Ltd - 500304 - Board Meeting Outcome for Outcome Of The Board Meeting Of NIIT Limited ('The Company') Held On November 10, 2021
Board in its meeting held on November 10, 2021 has approved both Consolidated and Standalone Unaudited Financial Results of the Company for the quarter and half year ended September 30, 2021 along with Limited Review Report of the Statutory Auditors. Further, as the Company is entering into the next planning cycle, the Board took note of the post pandemic scenario including the changing market conditions, rapid digital transformation of the businesses of the Company and evolving preference of the various stakeholders. In this regard, the Board constituted a Special Committee to recommend a strategic plan, considering the emerging opportunities (including inorganic ones), to accelerate growth of the businesses of the Company. This Special Committee has been mandated to work closely with the senior management of the Company, engage with relevant industry experts and advisors and present the proposed plan to the Board as early as possible.10-11-2021
NIIT Ltd - 500304 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Please find enclosed a copy of the press release for Unaudited Financial Results of the Company for the quarter and half year ended September 30, 2021. This is for your information and records.10-11-2021
NIIT Ltd - 500304 - Unaudited Financial Results For The Quarter And Half Year Ended September 30, 2021
This is to bring to your kind attention that the Board of Directors of the Company in its meeting held on November 10, 2021 (which commenced at 12.16 P.M. and concluded at 1.54 P.M.) has, inter-alia, approved both Consolidated and Standalone Unaudited Financial Results of the Company for the quarter and half year ended September 30, 2021 ('Results') along with Limited Review Report of the Statutory Auditors. A copy of the said Results along with Limited Review Report is enclosed herewith, for your information and records.10-11-2021
NIIT LTD. - 500304 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Pursuant to the requirement of Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that NIIT Limited would be hosting a call for investors/analysts to discuss its Q2 FY22 results on Wednesday - November 10, 2021 between 3.30 p.m. to 4.30 p.m. Investors/analysts who wish to attend, may write to investor.communication@niit.com, at least 24 hours prior to the scheduled call. Alternatively, investors can pre-register at https://services.choruscall.in/DiamondPassRegistration/register?confirmationNumber=4179963&linkSecurityString;=104f2ce8b2 After conclusion, the presentation(s) made during the event and recording thereof will be uploaded on the website of the Company. This is for your information and records.05-11-2021
NIIT Ltd - 500304 - Announcement under Regulation 30 (LODR)-Change in Registered Office Address
We wish to inform you that consequent upon approval of the Regional Director, Northern Region, Ministry of Corporate Affairs, New Delhi for shifting of Registered Office of the Company from National Capital Territory of Delhi to the State of Haryana, the Board of Directors of the Company has approved shifting of the Registered Office of the Company to Plot No. 85, Sector-32 Gurgaon 122001, India with effect from November 5, 2021. The Company is in the process of filing necessary forms in this regard with the Ministry of Corporate Affairs. We shall submit a copy of altered Memorandum of Association of the Company upon receipt of the new Certificate of Registration/ Incorporation from the Registrar of Companies. Kindly take the same on record.02-11-2021
NIIT Ltd - 500304 - Board Meeting Intimation for Intimation About Board Meeting To Be Held On November 10, 2021
NIIT LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/11/2021 ,inter alia, to consider and approve Unaudited Financial Results for the quarter and half year ended September 30, 2021, both Consolidated and Standalone.02-11-2021