Q1 (April – June 2013) Insight@NIIT:Vol.19 Investor Communication Contents
     
 

 
   

     
   
Contents
 
 


 
     

     
   
NIIT Limited announces Q1 (April- June 2013) Consolidated Results FY 2013-14
 
 

 

 

 

 

Vijay K. Thadani
CEO
NIIT Limited

Corporate Learning Solutions recorded fresh order intake of USD 16.2 Mn, up 26% reflecting a strong customer confidence.

 

 

 

 

 

Rajendra S Pawar
Chairman
NIIT Limited

NIIT Cloud Campus is the cornerstone of our growth strategy.

 

 

 

 

 

P Rajendran
COO
NIIT Limited

Our core value & belief that NIIT is People, is reflected through our people-centric policies, which fosters career building by creating opportunities that facilitate learning, thinking and innovation.


NIIT rides the Cloud to expand market reach

  • Records Net Revenue of Rs. 222.2 Cr in Q1
  • Corporate Learning Solutions order intake grows 26% YoY giving revenue visibility of USD 144 Mn
  • Banking enrolments grow 41% YoY
  • Cumulative Cloud Campus enrolments cross 33,000

NIIT Limited : Consolidated Financials at a Glance (in Rs Cr)

  Qtr ended Jun 30, 2012

Qtr ended Jun 30, 2013

Net Revenue
227.5 222.2
EBITDA 11.4 10.4
Profit After Tax
11.5 - 9.4

NIIT Limited recorded a Net Revenue of Rs. 222.2 Cr on an EBITDA of Rs 10.4 Cr, with an Operating Margin of 5%, for the first quarter ending June 30, 2013.

During the quarter, Corporate Learning Solutions (CLS) recorded net revenues of Rs. 84.4 Cr, up 16% YoY. Order intake for CLS grew 26% YoY giving a revenue visibility of USD 144 Million. Three new international clients were added for Managed Training Services during Q1.

Career Building Solutions (CBS) recorded net revenue of Rs. 94.8 Cr during Q1.

During the quarter GNIIT series enrolments grew 9% YoY and Cumulative Cloud Campus enrolments crossed 33,000. With the long term growth story for the IT sector still holding, NIIT is gearing up for developing talent that will be absorbed as this growth takes place – already visible in the excellent results posted by the IT companies during Q1.

During the quarter, enrolments for banking courses grew 41% YoY.

NIIT Imperia registered a growth of 29% YoY in enrolments during Q1, with its cutting-edge programs continuing to be in demand from working professionals.

School Learning Solutions (SLS) recorded net revenue of Rs. 42.4 Cr during the quarter, adding 125 Non Government schools to its portfolio.

Strengthening its focus on the Cloud, SLS launched school ERP and Classroom solution on Cloud delivery model during the quarter. NIIT also trained 3025 teachers and principals on CCE (Continuous and Comprehensive Evaluation) and leadership training across 80 schools.

In recognition of its outstanding people practices, NIIT was ranked as the 4th Best Company to Work for, in a survey among 550 companies across 22 industries in India, by Great Place to Work Institute.

NIIT’s vocational skills training initiative - NIIT Yuva Jyoti, established in partnership with National Skill Development Corporation (NSDC) continued to gain momentum with new centre locations added during Q1, taking the total number of centres locations to 40, with enrolments from over 5600 students.

 
     


     
   
NIIT ranks as the 4th Best Company to Work for, in a survey among 550 companies across 22 industries in India, by ‘Great Place to Work Institute’
 
 

Vijay K. Thadani
CEO
NIIT Limited

What makes NIIT a Great Place to Work is that we always put people first.

 

 

Shampi Venkatesh
Chief People Officer, NIIT Limited

This award is a reflection of the strong sense of pride that every NIITian feels for the company.


- Acknowledged as the No. 1 Education & Training company to work for, consistently for the third year in a row

In recognition of its enabling people-practices, NIIT was acknowledged as the 4th Best Company to Work for, in a survey among 550 companies across 22 industries in India, by ‘Great Place to Work Institute®’. Further, NIIT was recognized as the number one Training & Education Company to work for, consistently for the third year in a row.

The survey- which is the most extensive workplace study in India- is conducted across the country by the Great Place to Work Institute® (GPTW). NIIT which has consistently featured among the best places to work for constantly improved its rankings over the last 3 year’s GPTW survey. In the 2013 survey, NIIT featured as the first Indian Multinational Company in the pecking order, preceded only by Google, Intel and Amex.

 
     

     
   
NIIT launches revolutionary ‘Cloud Campus’ to create new-age skills
 
 

Rajendra S Pawar
Chairman
NIIT Limited

NIIT will usher the next revolution in education through Cloud Campus.

 

 

 

Vijay K. Thadani
CEO
NIIT Limited

NIIT will empower the youth by providing new age skills in domains across IT & emerging technologies, Banking, Global Finance, Management, Digital & Social Media Marketing.

 

 

 

 

 

 

 

G Raghavan
Chief Executive, Career Building Solutions, NIIT Limited

NIIT will work alongside Microsoft and launch programs mapped to the wave of new cloud technologies that Microsoft is poised to release worldwide.


• Announces extended range of training offerings including IT, Banking, Global Finance, Management, Digital & Social Media Marketing under Cloud CampusTM

• To offer around 100 courses under the Cloud Campus, across 300 locations by end of 2013 ; to reach over 5,00,000 students by 2014

NIIT Limited has pioneered a breakthrough initiative- ‘Cloud Campus’- to redefine the education landscape by making available new-age skills, to students across the breadth of the country.

NIIT will offer training programs in IT, Banking, Global Finance, Management, Digital & Social Media Marketing, through Cloud CampusTM with innovative learning features, to make them first day-first hour industry ready professionals.

Through Cloud Campus, NIIT aims to offer over 100 courses across 300 locations by the end of 2013, thus enabling coverage of over 500,000 students by 2014.

NIIT Cloud CampusTM harnesses the power of Cloud technology to provide unique features – such as:

Cloud Classroom – where students can interact and learn from not only the at-location faculty, but more importantly from expert faculty from wherever they are.

Cloud Courseware – the digital and dynamic courseware enables students to make notes, highlight and review at their convenience.

Anywhere Lab – providing 24x7 access for hands-on practice on their devices.

Lesson on Demand – ensuring that students don’t have to miss a lesson, even if they miss a class.

Online Assessments – enabling students take practice tests besides taking industry-level assessments.

Buddynet Learning – a learning feature that enables collaboration with other students as well as expert faculty, thus making learning lot more fun.

This pioneering initiative from NIIT will help take high quality educational programs to the remotest corners of the country, thus addressing the dilemma of scalability and quality in education that our country is currently facing. NIIT Cloud CampusTM is based on a revolutionary educational paradigm which takes students beyond the traditional classroom teaching. It seamlessly blends classrooms, Cloud enabled classrooms and collaborated learning into India’s first Cloud Campus.

 
     

     
   
NIIT launches ‘NIIT nGuru Math Lab’ at The Aryans School, Kolkata
 
 

Anurag Dixit
National Sales Head, School Learning Solutions, NIIT Ltd

NIIT nGuru Math Lab makes the curriculum simpler and interesting.

 

 

 

 

 

 

 


- A revolutionary concept aimed at making learning Mathematics simple & fun for students

With an aim to make the vital subject of mathematics simpler, easier and fun to learn for school students, NIIT launched its state-of-the-art ‘NIIT nGuru Math Lab’, at The Aryans School, Kolkata.

‘NIIT nGuru Math Lab’ is a novel concept which enables school students to learn and explore mathematical concepts and verify mathematical facts and theorems using Multiple Teaching and Learning Aids, consisting of Technology Applications, Videos, Manipulative, Measuring Instruments, Tables and Charts, to schools based on the three pillars of ‘Imagination, Investigation and Interaction’.

Mrs. Keka Mallik, Principal, The Aryans School, said, “Math Lab will encourage the students to think & discuss amongst themselves as well as with the teachers, to assimilate mathematical concepts.”

In addition to providing greater scope for individual participation in the process of learning and becoming autonomous learners, the Math Lab also enables the teacher to demonstrate, explain and reinforce abstract mathematical ideas by using concrete objects, models, charts, graphs, pictures, posters, etc.

Ms. Sunita Sen, Prinicpal, Ballygunge Siksha Sadan commented, “Ballygunge Siksha Sadan has been using NIIT nGuru Math Lab since 4 years now, and we have received very encouraging feedback for it from teachers and students alike. NIIT’s Math Lab provides an opportunity to students to understand, internalize, discover and verify the basic mathematical and geometrical concepts through concrete objects and situations, thus building interest and confidence in students learning the subject.”


 
     

     
   
NIIT Named to TrainingIndustry.com’s Top 20 Content Development Companies, 2013
 
 

 

Gregg Collins
Vice President Instructional Design at NIIT and co-founder of Cognitive Arts

Our relentless focus is on innovation - on advancing the state of the art in curriculum design and content creation.

In recognition of its content development practices, NIIT was named to the prestigious 2013 Top 20 Content Development Companies List by TrainingIndustry.com.

“The companies selected for this year’s Top 20 are growth-oriented, forward-thinking and are leading the way in developing engaging training content,” said Ken Taylor, Chief Operating Officer, TrainingIndustry.com.

The selected Content Development companies demonstrated excellence in many areas, including: Industry visibility, innovation and impact; Capability to deliver multiple types of content; Company size and growth potential; Depth and breadth of subject matter expertise; Quality of clients; and, Geographic reach.


 
     

     
   
NIIT IFBI forays into Nigeria to foster skilled manpower development for the banking sector
 
 

G Raghavan
Chief Executive, Career Building Solutions, NIIT Limited

We are excited to offer our industry endorsed programs to the youth of Nigeria.





NIIT’s Institute for Finance, Banking and Insurance (IFBI), India’s largest Banking training institute, launched its 1st center in Nigeria, to create a talent pool of skilled banking professionals in. Through this, IFBI introduced its flagship ‘Post Graduate Diploma in Banking (PGDB)’ program, designed to meet the skill requirements of the fast evolving banking industry in the country.

NIIT, which has played a critical role in empowering the youth of Nigeria with employability skills over the last thirteen years, will now train Nigerian youth for the fast evolving banking and financial services sector.

PGDB has unique technology application training modules which give a hands-on experience on the latest banking software. The program is aimed at providing direct exposure to real-life banking environment with industry immersion and expert interactions. The course offers insights into the domains of Retail Banking, Credit Management, International Banking, Corporate Finance; and equips the students with crucial professional and life skills such as selling skills & techniques, sales planning, business communication, customer service skills.

The Nigerian economy is witnessing tremendous growth, especially in verticals such as Banking, Insurance, and Financial Services. The Nigerian banking industry is evolving fast and new technologies and protocols will take the Nigerian banking industry to international standards.

The PGDB program aims to create a pool of next generation banking executives who are equipped to understand and implement the new industry developments.

 
     

     
   
NIIT IFBI announces 3rd National Banking Career Fair to create skilled professionals for the fast evolving Banking Sector in India
 
 

Bimal Jain
President, NIIT IFBI

As the pioneers in providing trained manpower for the BFSI industry in India, we are very excited about the immense opportunities presented by the opening up of the banking sector.

 

 

 

 

 


• India’s largest banking training institute, NIIT IFBI, crosses the milestone of training 1,10,000 students and professionals for the BFSI industry

NIIT’s Institute for Finance, Banking and Insurance (NIIT IFBI)- India’s largest Banking training institute- announced the 3rd National Banking Career Fair to benefit students aspiring to make a mark in India’s fast evolving banking sector. This pan-India career fair, held across 35 cities, aimed to guide banking aspirants on the opportunities, various roles and career paths available in the banking sector in India.

Participants at the seminar got the opportunity to interact with industry experts and got personalized counselling to help them make informed career choices in the banking sector.

With India close to fulfilling its long-awaited commitment of opening more banks in order to achieve financial inclusion, job opportunities in the banking sector are set to rise. There are an estimated 85,000 vacancies in various PSU banks across the country and the government is keen on filling these in this fiscal year itself. Analysts are of the view that with the opening of new banks, at least 50,000 people can get jobs in India.

The Banking Programs offered by NIIT IFBIaim at creating industry ready versatile professionals, who can adapt to working environment in the Banking Industry. These programs equip a person with the necessary knowledge, skills and attitude for business development roles in banks, thus making him a sought after professional by the leading organisations in the banking Industry.


 
     

     
   
NIIT announces the 14th I.T. Scholarship in Nigeria to reward meritorious students seeking global career in IT
 
 

Sanjay Tickoo
Vice-President, International Education Business, NIIT Ltd

NIIT’s Nigeria IT Scholarship is an endeavor to create a trained pool of human resource in IT.

 


 

 


NIIT announced the 14th NIIT Nigeria IT Scholarship 2013, to enable meritorious students seek a career in the fast growing IT sector in the country. These students, post successful training, will go on to join the IT industry in Nigeria and become a part of global skilled IT Talent pool.

With a thrust on creating skilled manpower for the Nigerian IT industry, the NIIT Nigeria Scholarship will help students get skilled for a Global career in IT through training in technology.

According to industry sources, IT industry in Nigeria is estimated to among the fastest growing IT industries in the world. NIIT conducts the IT Scholarship exam every year to help identify meritorious students to join this industry and be a part of the global skilled IT Talent pool. Over the last 13 years, NIIT Scholarships have become one of the most awaited events in the annual events calendar of the country.

NIIT is acknowledged as the leader in the country’s IT training and education segment, offering cutting-edge IT programs mapped to the industry requirements and international certifications- Mastermind Series, courses on Oracle, Java, CCNA & CCNP, A+ & N+, Infrastructure Management, Web Design & Development, Graphic Designing, MIS, Project Management, among others.

NIIT has shaped the careers of over 120,000 students in past 13 years, and reaches out to 16,000 students every year in Nigeria.

 
     

         
 
NIIT in News
   
 
 
     

     
   
Campaigns
 
 

 
     

     
   
Environment Scan
   
 
Back to the wall, Indian IT services cos step up temporary hiring; Financial Express; June 05, 2013.pdf
Banking, security firms to spend Rs.42,200 crore on IT in 2013; Financial Chronicle; May 24, 2013.pdf
Changes in H-1B norms give sleepless nights to IT Inc; Financial Express; April 08, 2013.pdf
 
     

 
For further queries, please write to
 
 

investor.relations@niit.com
or contact the Editor at-
prateek.chatterjee@niit.com
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