NIIT Ltd. — Investor Presentation 2021

Nov 10, 2021

November 10, 2021

The Manager BSE Limited

Corporate Relationship Department, 1[st] Floor, New Trading Ring, Rotunda Building Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai 400 001

The Manager National Stock Exchange of India Ltd Listing Department Exchange Plaza 5[th] Floor, Plot no C/1, G Block Bandra Kurla Complex Bandra (E), Mumbai – 400 051

Subject: Presentation made to the Analysts and / or Institutional Investors Scrip Code: BSE – 500304; NSE – NIITLTD

Dear Sir/Madam,

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.

Thanking you, Yours sincerely, For NIIT Limited Deepak Digitally signed by Deepak Bansal Bansal Date: 2021.11.10 14:23:05 +05'30' Deepak Bansal Company Secretary & Compliance Officer

Encls : a/a

Financial Results Q2 FY22

November 10, 2021

==> picture [960 x 10] intentionally omitted <==

Environment

==> picture [60 x 50] intentionally omitted <==

Global recovery continues, but the momentum has weakened with increasing inequality among nations. Rapid spread of Delta and the threat of new variants have increased uncertainty about how quickly the pandemic can be overcome. Policy choices have become more difficult, with limited room to maneuver (IMF)

India’s GDP growth is expected to rebound to 9.5% in 2021 despite impact of the second wave of the pandemic. Formal and organized parts of economy gaining at expense of unorganized and informal

Trend of outsourcing L&D to training specialists expected to continue as spends recover.

Immersive Digital Technologies continue to see strong adoption across learner categories

North America Real Estate Market seeing some stabilization although sales velocity is down from its high last year. Demand for real estate career remains robust

Net addition in IT companies at multi year high driven by growth in Digital and transformational orders. Banks starting to hire for replacements in demand recovery

Large opportunity in global corporate training and digital learning attracting interest from PE and strategic investors (GPX-LTG, edX - 2U, Simplilearn – Blackstone, Great Learning –Byju’s)

2

==> picture [960 x 10] intentionally omitted <==

Q2 FY22: In Perspective

==> picture [60 x 50] intentionally omitted <==

Corporate Learning Group (CLG)

• Revenue at INR 2,722 Mn up 40% YoY & up 3% QoQ; Growth in constant currency @ 40% YoY & 4% QoQ

• EBITDA at INR 786 Mn; up 97% YoY and up 2% QoQ

• OM at 29%; up 837 bps YoY and down 45 bps QoQ

• Added 6 MTS contracts, which is highest addition in a quarter; MTS customer tally at 63

• Revenue Visibility at $ 294 Mn; Strong pipeline

Skills & Career Group (SNC)

• Accelerated Digital transformation

• Revenue at INR 420 Mn; up 70% YoY and up 11% QoQ

• EBITDA at INR (47) Mn compared to INR (51) in Q1 FY22

Overall NIIT

• Revenue at INR 3,142 Mn; up 44% YoY and up 4% QoQ

• EBITDA at INR 739 Mn vs INR 721 Mn in Q1 FY22; up 115% YoY and up 3% QoQ

• OM at 24%, up 780 bps YoY and down 42 bps QoQ

• PAT at INR 524 Mn compared to INR 260 Mn in Q2 LY; EPS of INR 3.9 up 114% YoY

3

Sustained deal velocity; Growing contribution of new customers; Opportunity acceleration in India

==> picture [960 x 10] intentionally omitted <==

Ke Financials – Q2 FY22 y

==> picture [690 x 322] intentionally omitted <==

----- Start of picture text -----

INR Mn Q2 FY22 Q1 FY22 QoQ Q2 FY21 YoY
Net Revenue 3,142 3,010 4% 2,189 44%
Operating expenses 2,403 2,289 5% 1,844 30%
EBITDA 739 721 3% 344 115%
-
EBITDA% 24% 24% 42 bps 16% 780 bps
-
Depreciation 140 143 2% 136 3%
EBIT 599 578 4% 208 188%
-
Net Other Income/ (Expense) 127 125 2% 171 26%
Operational PBT 726 702 3% 380 91%
Tax 205 146 79
Profit/ (loss) from discontinued
1 (38) 39 mn (41) 42 mn
Operations & Assets held for Sale
Associate Profit & Non Controlling
2 (4) 6 mn 0 1 mn
Interests
PAT 524 514 2% 260 101%
----- End of picture text -----

==> picture [60 x 50] intentionally omitted <==

• Sustained margins despite impact of wage hike and continuing investments

• Taxes include withholding tax on dividend received from international subsidiary

4

==> picture [960 x 10] intentionally omitted <==

Corporate Learning Group

==> picture [60 x 50] intentionally omitted <==

==> picture [711 x 106] intentionally omitted <==

----- Start of picture text -----

INR Mn Q2 FY22 Q1 FY22 QoQ Q2 FY21 YoY
Net Revenues 2,722 2,633 3% 1,941 40%
EBITDA 786 772 2% 398 97%
EBITDA % 29% 29% -45 bps 20% 837 bps
----- End of picture text -----

==> picture [327 x 178] intentionally omitted <==

• Constant currency growth at 40% YoY & 4% QoQ

• OM at 29%; down 45 bps QoQ

• Added 6 new MTS contracts; highest addition in a quarter. This includes 4 new logos and 2 existing project customers upgraded to MTS; MTS customer tally at 63

• Go to market with revised value Proposition for NIIT Life Sciences

==> picture [328 x 164] intentionally omitted <==

• Revenue Visibility at $ 294 Mn

==> picture [203 x 106] intentionally omitted <==

5

==> picture [960 x 10] intentionally omitted <==

Skills & Careers Grou p

==> picture [651 x 97] intentionally omitted <==

----- Start of picture text -----

INR Mn Q2 FY22 Q1 FY22 QoQ Q2 FY21 YoY
Net Revenues 420 378 11% 247 70%
- - -
EBITDA 47 51 4 Mn 54 7 Mn
EBITDA % -11% -14% 242 bps -22% 1061 bps
----- End of picture text -----

• Revenue at INR 420 Mn up 11% QoQ; EBITDA at INR (47) Mn

• Strong demand for new talent and reskilling for digital skills in IT sector. Banks are starting to hire for replacements in demand recovery

• Strong traction in StackRoute & TPaaS

Digital Transformation

• Skills & Career Business has transformed to a Digital business

• Significant market opportunity due to acceleration in Digital Transformation across IT & BFSI

• Continued investment in creating Digital Capability

==> picture [60 x 50] intentionally omitted <==

==> picture [229 x 218] intentionally omitted <==

==> picture [229 x 221] intentionally omitted <==

6

==> picture [960 x 10] intentionally omitted <==

People

==> picture [60 x 50] intentionally omitted <==

==> picture [549 x 297] intentionally omitted <==

----- Start of picture text -----

2,661
2,579
2,531
2,435
2,386
Q2 FY21 Q3 FY21 Q4 FY21 Q1 FY22 Q2 FY21
----- End of picture text -----

Headcount up 275 YoY and 82 QoQ

* excludes project retainers

7

==> picture [960 x 10] intentionally omitted <==

Share Holding Pattern

==> picture [60 x 50] intentionally omitted <==

==> picture [771 x 234] intentionally omitted <==

----- Start of picture text -----

31.7% 30.6% 32.0% 29.4% 29.9%
11.8% 11.3% 11.3% 12.1% 11.3%
22.2% 23.8% 22.6% 23.2% 23.6%
34.3% 34.3% 34.2% 35.3% 35.1%
#
Q2 FY21 Q3 FY21 Q4 FY21 Q1 FY22 Q2 FY22
----- End of picture text -----*

Promoters FPIs DIIs

==> picture [9 x 9] intentionally omitted <==

Individuals and Corporates

• impact of grant of shares on exercise of ESOPs, # Buyback of 9.87 Mn shares completed in Q1FY22

8

Thank you