Engineering Services Outsourcing: Financial Performance Review
These reports have been designed to analyze the financial performance of companies in the Knowledge Process Outsourcing (KPO) industry. The information in this series will be of interest to KPO service providers, consultancies, investment firms, and buyers of KPO services. It is aimed at providing decision makers, analysts and influencers with relevant and actionable insights. The report will enable service providers to benchmark their performance against their peers. It will help investors and consultants evaluate the financial health of their service providers. Buyers of KPO services can use this information to make informed decisions.
RESEARCH METHODOLOGY
EXECUTIVE SUMMARY
1 MACROECONOMICS
11 Global Economy
12 Major Economic Regions
13 National Economic Performance of Select Countries
14 Currency Movements
15 Global Capital Markets
2 INDUSTRY INSIGHTS
21 Indian IT-BPO Industry Revenue
22 IT-BPO Contribution Towards India’s GDP
23 IT-BPO Contribution Towards India’s Exports
3 OPERATING EARNINGS
31 Total Income
32 Revenue Per Employee
4 EXPENSES
41 Operating Cost
42 Employee Cost
43 Total Cost Per Employee
5 PROFITABILITY
51 EBITDA Margin
52 EBIT Margin
53 Net Profit Margin
54 Net Profit Per Employee
6 OPERATING EFFICIENCY
61 Debtor Days
62 Creditor Days
63 Debtor Days Versus Creditor Days
64 Net Operating Cycle
7 SOLVENCY
71 Quick Ratio
72 Debt Ratio
73 Debt/Equity Ratio
74 Interest Coverage
8 CAPITAL EFFICIENCY
81 Return On Capital Employed
82 Return on Equity
83 Return On Assets
9 SERVICE PROVIDER EVALUATION
10 COMPANY PROFILES
101 3D Concept
102 Aktis Engineering
103 Altair India
104 Celstream
105 EniT Solutions
105 Hoyt Engineering
106 ImageGrafix
107 Mahindra Engineering
108 Neilsoft
109 QuEST Global
1010 Rave Tech
1011 Tantra Infosolutions
1012 Tooltech
11 APPENDIX
EXECUTIVE SUMMARY
1 MACROECONOMICS
11 Global Economy
12 Major Economic Regions
13 National Economic Performance of Select Countries
14 Currency Movements
15 Global Capital Markets
2 INDUSTRY INSIGHTS
21 Indian IT-BPO Industry Revenue
22 IT-BPO Contribution Towards India’s GDP
23 IT-BPO Contribution Towards India’s Exports
3 OPERATING EARNINGS
31 Total Income
32 Revenue Per Employee
4 EXPENSES
41 Operating Cost
42 Employee Cost
43 Total Cost Per Employee
5 PROFITABILITY
51 EBITDA Margin
52 EBIT Margin
53 Net Profit Margin
54 Net Profit Per Employee
6 OPERATING EFFICIENCY
61 Debtor Days
62 Creditor Days
63 Debtor Days Versus Creditor Days
64 Net Operating Cycle
7 SOLVENCY
71 Quick Ratio
72 Debt Ratio
73 Debt/Equity Ratio
74 Interest Coverage
8 CAPITAL EFFICIENCY
81 Return On Capital Employed
82 Return on Equity
83 Return On Assets
9 SERVICE PROVIDER EVALUATION
10 COMPANY PROFILES
101 3D Concept
102 Aktis Engineering
103 Altair India
104 Celstream
105 EniT Solutions
105 Hoyt Engineering
106 ImageGrafix
107 Mahindra Engineering
108 Neilsoft
109 QuEST Global
1010 Rave Tech
1011 Tantra Infosolutions
1012 Tooltech
11 APPENDIX
TABLE OF EXHIBITS
Exhibit i: Service Provider Categories and Sample Size
Exhibit ii: Parameters Used for Service Provider Comparison
Exhibit iii: Legend Used for Service Provider Comparison
Exhibit iv: List of Abbreviations
Exhibit v: Top Five Service Providers in the Engineering Services Outsourcing Segment in 2011
Exhibit 1: Global GDP Growth Rate from 2007 to 2013
Exhibit 2: European Union (EU) GDP Growth Rate from 2007 to 2013
Exhibit 3: BRIC (Brazil, Russia, India, China) GDP Growth Rate from 2007 to 2013
Exhibit 4: India GDP Growth Rate from 2007 to 2013
Exhibit 5: USA GDP Growth Rate from 2007 to 2013
Exhibit 6: UK GDP Growth Rate from 2007 to 2013
Exhibit 7: Indian Currency Movements from 2007 to 2011
Exhibit 8: Capital Market Performance from 2007 to 2011
Exhibit 9: Indian IT-BPO Revenue from 2007 to 2012
Exhibit 10: Indian IT-BPO Contribution to the National GDP
Exhibit 11: Indian IT-BPO Contribution to the National Exports
Exhibit 12: Revenue and Growth Over Five Years
Exhibit 13: Revenue by Service Provider Type
Exhibit 14: Revenue Change (YoY) by Service Provider Type
Exhibit 15: Revenue of ESO Segment by Service Provider in 2011
Exhibit 16: Revenue Per Employee (RPE) Over Five Years
Exhibit 17: RPE by Service Provider Type
Exhibit 18: RPE Change (YoY) by Service Provider Type
Exhibit 19: Operating Expense as a Percent of Revenue For Five Years
Exhibit 20: Operating Expense Change (YoY) by Service Provider Type
Exhibit 21: Operating Expense as a Percent of Revenue by Service Provider Type
Exhibit 22: Employee Cost as a Percent of Operating Expense Over Five Years
Exhibit 23: Employee Cost as a Percent of Revenue Over Five Years
Exhibit 24: Employee Cost as a Percent of Revenue by Service Provider Type
Exhibit 25: Total Cost Per Employee Over Five Years
Exhibit 26: Total Cost Per Employee by Service Provider Type
Exhibit 27: EBITDA Margin Over Five Years
Exhibit 28: EBITDA Margin by Service Provider Type
Exhibit 29: EBIT Margin Over Five Years
Exhibit 30: EBIT Margin by Service Provider Type
Exhibit 31: NPM Over Five Years
Exhibit 32: NPM by Service Provider Type
Exhibit 33: Net Profit Per Employee Over Five Years
Exhibit 34: Net Profit Per Employee by Service Provider Type
Exhibit 35: Debtor Days Over Five Years
Exhibit 36: Debtor Days by Service Provider Type
Exhibit 37: Debtor Days Change (YoY) by Service Provider Type
Exhibit 38: Creditor Days Over Five Years
Exhibit 39: Creditor Days by Service Provider Type
Exhibit 40: Debtor Days Versus Creditor Days
Exhibit 41: Net Operating Cycle Over Five Years
Exhibit 42: Net Operating Cycle by Service Provider Type
Exhibit 43: Quick Ratio Over Five Years
Exhibit 44: Quick Ratio by Service Provider Type
Exhibit 45: Quick Ratio Change (YoY) by Service Provider Type
Exhibit 46: Debt Ratio Over Five Years
Exhibit 47: Debt Ratio by Service Provider Type
Exhibit 48: Debt/Equity Ratio Over Five Years
Exhibit 49: Debt/Equity Ratio by Service Provider Type
Exhibit 50: Debt/Equity Ratio Change (YoY) by Service Provider Type
Exhibit 51: Interest Coverage Over Five Years
Exhibit 52: Interest Coverage by Service Provider Type
Exhibit 53: Return On Capital Employed (ROCE) Over Five Years
Exhibit 54: ROCE by Service Provider Type
Exhibit 55: Return On Equity (ROE) Over Five Years
Exhibit 56: ROE by Service Provider Type
Exhibit 57: Return on Assets (ROA) Over Five Years
Exhibit 58: ROA by Service Provider Type
Exhibit 59: Consolidated Ranking of Top Five Service Providers
Exhibit 60: Revenue Ranking of Top Five Service Providers
Exhibit 61: RPE Ranking of Top Five Service Providers
Exhibit 62: Total Cost Per Employee Ranking of Top Five Service Providers
Exhibit 63: EBITDA Margin Ranking of Top Five Service Providers
Exhibit 64: Net Profit Per Employee Ranking of Top Five Service Providers
Exhibit 65: Net Operating Cycle Ranking of Top Five Service Providers
Exhibit 66: Quick Ratio Ranking of Top Five Service Providers
Exhibit 67: Debt/Equity Ratio Ranking of Top Five Service Providers
Exhibit 68: ROCE Ranking of Top Five Service Providers
Exhibit 69: ROE Ranking of Top Five Service Providers
Exhibit i: Service Provider Categories and Sample Size
Exhibit ii: Parameters Used for Service Provider Comparison
Exhibit iii: Legend Used for Service Provider Comparison
Exhibit iv: List of Abbreviations
Exhibit v: Top Five Service Providers in the Engineering Services Outsourcing Segment in 2011
Exhibit 1: Global GDP Growth Rate from 2007 to 2013
Exhibit 2: European Union (EU) GDP Growth Rate from 2007 to 2013
Exhibit 3: BRIC (Brazil, Russia, India, China) GDP Growth Rate from 2007 to 2013
Exhibit 4: India GDP Growth Rate from 2007 to 2013
Exhibit 5: USA GDP Growth Rate from 2007 to 2013
Exhibit 6: UK GDP Growth Rate from 2007 to 2013
Exhibit 7: Indian Currency Movements from 2007 to 2011
Exhibit 8: Capital Market Performance from 2007 to 2011
Exhibit 9: Indian IT-BPO Revenue from 2007 to 2012
Exhibit 10: Indian IT-BPO Contribution to the National GDP
Exhibit 11: Indian IT-BPO Contribution to the National Exports
Exhibit 12: Revenue and Growth Over Five Years
Exhibit 13: Revenue by Service Provider Type
Exhibit 14: Revenue Change (YoY) by Service Provider Type
Exhibit 15: Revenue of ESO Segment by Service Provider in 2011
Exhibit 16: Revenue Per Employee (RPE) Over Five Years
Exhibit 17: RPE by Service Provider Type
Exhibit 18: RPE Change (YoY) by Service Provider Type
Exhibit 19: Operating Expense as a Percent of Revenue For Five Years
Exhibit 20: Operating Expense Change (YoY) by Service Provider Type
Exhibit 21: Operating Expense as a Percent of Revenue by Service Provider Type
Exhibit 22: Employee Cost as a Percent of Operating Expense Over Five Years
Exhibit 23: Employee Cost as a Percent of Revenue Over Five Years
Exhibit 24: Employee Cost as a Percent of Revenue by Service Provider Type
Exhibit 25: Total Cost Per Employee Over Five Years
Exhibit 26: Total Cost Per Employee by Service Provider Type
Exhibit 27: EBITDA Margin Over Five Years
Exhibit 28: EBITDA Margin by Service Provider Type
Exhibit 29: EBIT Margin Over Five Years
Exhibit 30: EBIT Margin by Service Provider Type
Exhibit 31: NPM Over Five Years
Exhibit 32: NPM by Service Provider Type
Exhibit 33: Net Profit Per Employee Over Five Years
Exhibit 34: Net Profit Per Employee by Service Provider Type
Exhibit 35: Debtor Days Over Five Years
Exhibit 36: Debtor Days by Service Provider Type
Exhibit 37: Debtor Days Change (YoY) by Service Provider Type
Exhibit 38: Creditor Days Over Five Years
Exhibit 39: Creditor Days by Service Provider Type
Exhibit 40: Debtor Days Versus Creditor Days
Exhibit 41: Net Operating Cycle Over Five Years
Exhibit 42: Net Operating Cycle by Service Provider Type
Exhibit 43: Quick Ratio Over Five Years
Exhibit 44: Quick Ratio by Service Provider Type
Exhibit 45: Quick Ratio Change (YoY) by Service Provider Type
Exhibit 46: Debt Ratio Over Five Years
Exhibit 47: Debt Ratio by Service Provider Type
Exhibit 48: Debt/Equity Ratio Over Five Years
Exhibit 49: Debt/Equity Ratio by Service Provider Type
Exhibit 50: Debt/Equity Ratio Change (YoY) by Service Provider Type
Exhibit 51: Interest Coverage Over Five Years
Exhibit 52: Interest Coverage by Service Provider Type
Exhibit 53: Return On Capital Employed (ROCE) Over Five Years
Exhibit 54: ROCE by Service Provider Type
Exhibit 55: Return On Equity (ROE) Over Five Years
Exhibit 56: ROE by Service Provider Type
Exhibit 57: Return on Assets (ROA) Over Five Years
Exhibit 58: ROA by Service Provider Type
Exhibit 59: Consolidated Ranking of Top Five Service Providers
Exhibit 60: Revenue Ranking of Top Five Service Providers
Exhibit 61: RPE Ranking of Top Five Service Providers
Exhibit 62: Total Cost Per Employee Ranking of Top Five Service Providers
Exhibit 63: EBITDA Margin Ranking of Top Five Service Providers
Exhibit 64: Net Profit Per Employee Ranking of Top Five Service Providers
Exhibit 65: Net Operating Cycle Ranking of Top Five Service Providers
Exhibit 66: Quick Ratio Ranking of Top Five Service Providers
Exhibit 67: Debt/Equity Ratio Ranking of Top Five Service Providers
Exhibit 68: ROCE Ranking of Top Five Service Providers
Exhibit 69: ROE Ranking of Top Five Service Providers
