Hyderabad – May 30, 2017 : FY2017 Revenues up by 57% at Rs. 7,122 lakhFY2017 PAT improves at Rs. 1,311 lakh• Engagement across telecom spectrum domestically establishes UniServe as a standard
|Rs. Lakh||Q4 FY17||Q4 FY16||FY17||FY16|
FY17 Performance (Standalone)
Intense Technologies delivered a strong performance along expected lines during the year markingimprovement in key financial parameters. Total Revenues in FY17 showed 57% growth to Rs 7,122.44lakh on Y-o-Y basis given increased contribution from existing customers, implementation of newlyawarded contracts and healthy uptick in contribution from services. Operating leverage benefits resultedin robust gains at EBITDA level, with profits standing at Rs. 2,314.58 lakh in FY17, up 710% Y-o-Y.There was a corresponding growth in PAT at Rs. 1,311.22 lakh translating into an EPS of Rs. 6.23.
During the year, the UniServe platform was deployed across marquis logos in Telecom, Insurance andFinance within India, North America, Europe and the Middle East. With one eye on future basedapplications and IoT, the development team is front-ending the creation of a state-of-the-art architecturefor the flagship UniServe platform. On anvil is ‘UniServe NXT’, which is a next generation platform aimedat improving time efficiency of application development and deployment, thereby enhancing overallexperience for the end-customers.
Going forward as the accretion to client roster shows momentum and existing engagements beginscaling up, the Company will be in a position to depict stronger performance. Intense is harnessingmultiple revenue streams which include income from licensing fees, AMC services, operations supportand change requests. The software as a service or SAAS based model that the Company isimplementing is showing good promise.
Financial Results (Consolidated):
FFY17 Performance (Consolidated)
During the fiscal, total revenues stood at Rs 7,133.13 lakh, higher by 51% on Y-o-Y basis. EBITDA stoodat Rs. 1,488.60 lakh as against a loss of Rs. 605.26 lakh in FY16. There was a corresponding growth inPAT at Rs. 484.98 lakh translating into an EPS of Rs. 2.49. Investments in subsidiaries drove upexpenses during the year. The consequent scaling up of operations in the international markets will seethe fruition of business strategy in a significant manner in the years ahead.
Commenting on the performance during the period under review, C.K. Shastri, Chairman and ManagingDirector, Intense Technologies, said,
“FY2017 was a landmark year for us at Intense Technologies. During the year, we witnessed strongmomentum in our new engagements across leading mobile carriers, a leading communication serviceprovider in India, and the world’s fastest growing 4G operators. In the year under review, the Companypursued new opportunities in the high-potential markets of the Americas and Europe, while alsostrengthening existing business relationships across the telecom and BFSI verticals.
The period saw us operationalise our performance by way of multiple revenue streams; enhancedrevenue profile through SAAS (software as a service) model and CTN-based model is gaining strongtraction and further brings visibility to business. Continuous focus towards building reach across sectordomains and markets will over time enable a strong reference base for Intense Technologies, therebytriggering long-term growth.
On the whole, FY2017 highlighted many a performance accomplishments of the Company,demonstrating the quality and robustness of our growth strategy. Our exciting next generation platform -‘UniServe NXT’ is also gradually gathering steam and we expect the platform to be on floors in thecoming fiscal. Overall, we remain confident that with our strategic approach, improving fundamentals,and multiple levers of growth, we will deliver solid performance in the upcoming fiscal.”
Key Annual Updates
Intense Technologies with its innovative, next generation automation platform called UniServe helpsenterprises digitally transform their customer centric business processes in shortest possible timewithout replacing their legacy systems. Today, the Company processes USD 25 billion worth clientrevenue data; helps on-board 2.5 million customers daily; and has a total 500 million subscriber baseacross telecom engagements.
The versatility of the ‘UniServe’ franchise is well-established in the telecom domain and Companycontinues to address multiple opportunities in additional verticals such as BFSI, Utilities and Governmentservices
About Intense Technologies
Intense Technologies Limited is a global enterprise software products company, headquartered in India with astrong and emerging presence in USA, LATAM, EMEA and APAC. Our enterprise software products are usedglobally by Fortune 500s for digital transformation of customer centric business processes resulting in improvedrevenues, greater customer centricity and reduced operational expenses. We serve customers in 35 countriesacross 4 continents, with a 70% market share in Telecom in South Asia. Today, we process 25 billion USD worth ofclient revenue data and have a 500 million subscriber base across our engagements. Intense Technologies hassales offices in Singapore, UAE, USA and UK.
BSE: 532326; NSE: INTENTECH; ISIN: INE781A01025; Bloomberg: INTEC IN
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