Corporate Presentation
TAKE Solutions Ltd. Enabling Business Efficiencies
TAKE: Technology, Analytics & Knowledge for the Enterprise
2
Contents
TAKE – At A Glance
Business Model & Market Potential
Competencies
− Life Sciences
− Supply Chain Management
Financials
Growth Strategies & Key TAKEaways
Appendix
3
TAKE Solutions – At A Glance
Headquartered in Chennai, India, TAKE Solutions Ltd. delivers technology, services and expert advice in Life Sciences and Supply Chain Management domains
Strong presence in US, Europe and Middle East Asia: US contributes approx. 2/3 of revenue
CMMi Level 5 accredited company
Recognitions:
TAKE Solutions receives SDCE 100 Award for Third Consecutive Year
TAKE is ranked Leader in the life science R&D IT outsourcing and Drug Safety market by IDC, a premier global provider of market intelligence and advisory services IT markets
Ranked first by a premier global analyst firm, for industry expertise and overall customer satisfaction in Life Sciences domain
“Editors’ Pick” Distinction by Consumer Goods Technology Magazine
We serve 410+ clients through 14 offices globally with 1,100+ employees
Life Sciences: Celgene, Eisai, Johnson & Johnson, Merck, Neuromed, Novartis, Pfizer, Roche, Sanofi Aventis
SCM: Applied Materials, Alcoa, GE Group, Honeywell, Panasonic, ITC, Pepsi, Transocean, Xerox
About TAKE Marquee Clients
Financials
FY14 Revenue : INR 8,217 million
FY14 Net Profit: INR 580 million
0
2,500
5,000
7,500
10,000
FY10 FY11 FY12 FY13 FY14
INR
mill
ion
Revenue Net Profit
4
Global Footprint
Chennai, India Austin, TX
Philadelphia, PA Muscat, Oman
Princeton, NJ
TAKE Solutions Inc. 502 Carnegie Center, Suite 100, Princeton, NJ
USA HQ
TAKE Solutions Ltd. No.8B, Adyar Club Gate Road, Chennai - 600028, India
Global HQ
Riyadh, Jeddah & Al-Khobar
Saudi Arabia
Dubai, UAE
Strong Presence in the US, Middle East Asia and Europe
Hampshire, UK
TAKE Solutions LLP Shriram "The Gateway SEZ", Perungalathur, Chennai, India
Global Delivery Center
Singapore
Abraq Khaitan, Kuwait
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Recognitions and Partnerships
2014: Ranked 2nd at Asia‘s Best Employer Brand Awards, Singapore.
CMMi Level 5
2013: SDCE 100 Award for Third Consecutive Year
2013: 7th Employer Branding Award for Excellence in Training
2013: IDC ranked TAKE as Leader in the life science Drug Safety Services market based on our ddemonstrated delivery experience, deep understanding of drug safety processes & platforms and deep strategic drug safety expertise
2011: IDC, a global market intelligence firm, ranked TAKE as Leader in the life science R&D IT outsourcing market based on the company’s capabilities and future strategies aligned with what customers will require in three to five years
2011 Supply & Demand Chain Executive 100 list
2010: A premier global analyst firm recognized and ranked TAKE, first among large system integrators for industry expertise & overall customer satisfaction in the Life Sciences Domain
2010 “Editors’ Pick” Distinction by Consumer Goods Technology Magazine
Global Logistics & Supply Chain Strategies 2010: 100 Great Supply Chain Partners List
Oracle Gold Partner
SAP Business Objects Gold Partner
Microsoft BIO IT alliance Partner
CDISC Solutions Partner
Microsoft’s Digital Pharma Initiative
Microsoft High Impact Gold partner
Sparta Systems
Generis
Certifications & Accreditation Alliances and Partnerships
Business Model &
Market Potential
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TAKE Solutions – Business Model
DOMAIN Supply Chain Management & Life Sciences
TECHNOLOGY
Service Oriented Architecture (SOA)
Cloud Computing
Virtualization
DELIVERY model
REVENUE model
SaaS On
Premise Business Services
Embedded / RFID / Mobile
Licenses
Maintenance
TRANSACTIONS / SUBSCRIPTIONS
Services
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TAKE Solutions – Business Model
Balanced: Well distributed across two key verticals - niche offerings addressing multiple end user industries
Wide Portfolio of Offerings: Solutions to address customer needs - Solutions delivered as business services, products and SaaS
Diversified Customer Base: Portfolio of solutions to address customer size - focused approach to large & mid-market customer segment and wider approach to SME segment
Scalable: Platform agnostic solutions to enhance addressable markets and strategic partnerships to drive penetration in areas of specialization
Diversified Revenue Streams: Income from subscription, licensing, royalties, services and AMC leading to a mix of annuity and non annuity revenues
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Total Addressable Market
1.0
8.0
40.0
0.0
5.0
10.0
15.0
20.0
25.0
30.0
35.0
40.0
45.0
SaaS On Premise Business Services
USD
bill
ion
5.7
10.2
0.0
2.0
4.0
6.0
8.0
10.0
12.0
Pre - Approval Post- Approval
USD
bill
ion
Supply Chain Management Life Sciences
Domain Competency
Life Sciences
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Integrated Solutions & Services
12
Software products - Life Sciences
Clinical Regulatory Safety
Regulatory
Submissions
SPL/PLR
PPM
Safety
eCTD
Clinical Development Bio Statistical
Programming
TRMS
SAS - Bio Statistics
Framework
eTMF
CDISC Accelerators
DMS
Oracle Life Sciences
CTMS, EDC, CDMS, LSH/CDR Argus Safety AERS
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Customer A
Therapeutic Area 1
Indication A Indication B
Phase1
Study I
Phase2
Study 1
Therapeutic Area 2
Indication C
Customer B
Therapeutic Area 1
Indication D Indication E
Phase1
Study 1 Study 1 Study 1
Phase2
Study 1 Study 1 Study 1
Therapeutic Area 2
Customer C
Therapeutic Area 1
Customer D
Therapeutic Area 1
Established customer relationships; scalable revenue model
Technology + business services
TLFs, Biostatistics, SDTM, ADaM, ISS/ISE, DMCs, SAP, EAC, NDAs
Increasing customer base
Mu
ltip
lyin
g re
ven
ues
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TAKE Life Sciences - Differentiators
Unique combination of deep domain expertise and technical skills
Market penetration across
Bio-pharmaceutical (branded & generic)
Medical device
CROs
Mature infrastructure across USA and APAC
People
Process
Infrastructure – SAS 70* compliant, validated data center
Strategic partnerships with Oracle and Liquent
TAKE’s differentiated approach to markets
Large and mid-market segment : Functional Service Provider
Small and medium segment : Full Service Provider
* SAS 70 (the Statement on Auditing Standards No. 70) defines the standards an auditor must employ in order to assess the contracted internal controls of a service organization. Service organizations, such as hosted data centers, insurance claims processors and credit processing companies, provide outsourcing services that affect the operation of the contracting enterprise.
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TAKE Life Sciences - Strategy
Broaden and deepen TAKE LS’ engagements with existing and potential clients by retaining and promoting existing and new portfolio of
solutions in clinical, regulatory, safety and content management to obtain new and/or larger contracts from its clients.
In this direction, TAKE LS is also striving to become an important member of FIPNET community which enables it to work effectively together
with all its clients, pharmaceutical clients, suppliers, partners and regulators.
Enlarge Clients’ Portfolio
1
Commit its resources to focus on US and European clients, ensuring it is at the forefront of regulatory and market developments on multiple
platforms.
Communicate and showcase its abilities to these clients in order to win projects related to LS process outsourcing and consulting.
Focus on US and European clients
2
Leverage on its partners to educate pharmaceutical companies on TAKE LS’ capabilities, for example, in relation to the partners’ platform (e.g.
Oracle) to increase the usage of TAKE LS’ consulting and outsourcing offerings and expand its clientele base.
Leverage on Partnerships
3
Focus on increasing its offerings which can be monetised across delivery platforms e.g. products, services offered over SaaS platforms. These
offerings may be developed inhouse or acquired through mergers and acquisitions.
Enable all offerings to be device agnostic, platform and browser agnostic, to achieve scalability.
Focus on the Balanced Offering
Mix
4
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TAKE assessed as a LEADER in Life Sciences
Source: 1. IDC MarketScape: Worldwide Life Science R&D IT Outsourcing 2011 Vendor Assessment, August 2011 2. IDC MarketScape: Worldwide Life Science Drug Safety Services 2013 Vendor Assessment
• Capabilities: Evaluated on current capabilities and how well aligned it is to customer needs
• Strategies: Indicates how well the company’s future strategy aligns with what customers will require in three to five years
Worldwide Life Science R&D IT Outsourcing 2011 Vendor Assessment
Worldwide Life Science Drug Safety Services 2013 Vendor Assessment
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Customer Profiles –Market Potential
Pharmaceutical
BiotechnologyConsumer
HealthAnimal Health
CropScience/Agroc
hemicals
MedicalDevices
DietarySupplements
Cosmetics Tobacco Generics
Turnover > $100m 744 172 63 53 116 128 72 60 46 44
Turnover > $250m 476 123 53 44 100 99 56 52 40 40
Turnover > $500m 351 98 41 38 84 81 43 45 35 32
Turnover > $1b 257 88 34 27 71 60 36 35 29 22
257 88 34 27 71 60 36 35 29 22
351
98 41 38
84 81 43 45 35 32
476
123
53 44
100 99 56 52 40 40
744
172
63 53
116 128
72 60 46 44
0
200
400
600
800
1000
1200
1400
1600
1800
2000
Nu
mb
er
of
com
pan
ies
Customer/prospect type
Number of customers/prospects by type
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Geographical spread of customers/prospects
North America Europe Africa Asia Australasia South America
Generics 49 17 2 13 0 1
Tobacco 48 13 0 9 0 2
Cosmetics 175 1270 3 661 0 5
Dietary Supplements 150 23 2 34 1 1
Medical Devices 285 79 0 16 0 1
Crop Science/Agrochemicals 166 47 2 104 6 30
Animal Health 120 335 0 95 0 3
Consumer Health 83 27 2 20 0 1
Biotechnology 587 162 0 34 8 0
Pharmaceutical 4018 3757 33 3139 107 185
0
1000
2000
3000
4000
5000
6000
7000
Nu
mb
er
of
cust
om
ers
/pro
spe
cts
Geography
Customers/prospects by geography
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Diverse Customer Base : Life Sciences
Bio-Tech
CROs /
Academic
Pharma
Generics /
OTC
Devices
We serve 7 of top 10 global pharmaceutical companies
Domain Competency
Supply Chain Management
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TAKE SCM Offerings Overview
● Provides solutions and services catering to four sub-areas of SCM requirements:
Enterprise Mobility & Auto ID: To track raw material movement and automate transactions taking place in warehouses, on docks, shop floors
and in-transit
Value Chain Collaboration: To collaborate with suppliers, contract manufacturers, distributors and retailers by providing a public ecosystem or a
private network of trading-partners
Supply-Chain Execution & Analytics: To streamline the process of material management and inventory control while monitoring and managing
supply-chain performance
● Caters to various industries such as Aerospace and Defense, Automotive, Consumer, Oil and Gas, Pharmaceuticals, Telecommunications etc
Product footprint
Enterprise mobility and WM
Enabling efficient data collection
and guided operations
Supply chain collaboration
Streamlining collaborative business process orchestration
Professional services
Delivering a powerful combination
of industry and technology expertise
Oracle Data Collection and
Warehouse Automation
Mobile Sales & Route Delivery
Barcode & RFID Management and
Compliance
Clinical Information Systems
Contract Manufacturing
Collaboration
3PL and Drop Ship Collaboration
Vendor Managed Inventory
Demand Collaboration &
Purchasing Collaboration Request for Quote Collaboration
Quality Collaboration
E-Invoice & AP Automation
Ship Confirmation Collaboration
Oracle MSCA and WMS
Implementation
Supplier Onboarding/Enablement
Oracle Advanced Supply Chain
Planning
Returns Management Supplier Collaboration Analytics
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Business Services
Spend Analytics
Supplier Performance
Supplier Selection
Contract Administration
Consulting & Insight NAFTA
Compliance
AP automation
Catalog Services
Supplier Enablement
Invoice Processing
Requisition Processing
Reverse Engineering
Value Engineering
Prototyping Simulation & Testing
Design
Drawing & Documentation
Sourcing Support
Sourcing
Engg. Services
Procurement Operations
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Business Strategy
Niche Focus – Do what we are good in, highly profitable and which creates shareholder value
We will focus on:
Enterprise mobility products
Collaboration Products
Engineering services
Geographically we will focus on US and few parts of Middle East Asia
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Diverse Customer Base - Global SCM Customers
Pharma & Medical
Industrial Products/ Services
Consumer Products
High Tech
FMCG / Food
Oil & Gas
Financial Highlights
26
Growth Trends
3,664
5,063
7,188
8,386 8,217
0
3,000
6,000
9,000
FY 2010 FY 2011 FY2012 FY 2013 FY 2014
INR
mn
Total Revenues
324
700
856 795
580
0
300
600
900
FY 2010 FY 2011 FY2012 FY 2013 FY 2014
INR
mn
Net Profit
53% 49% 44% 42% 39%
41% 47% 51% 50% 53%
0%
20%
40%
60%
80%
100%
FY 2010 FY 2011 FY2012 FY 2013 FY 2014
Revenue by Vertical
SCM Life Sciences Others
63% 65% 63% 57% 60%
37% 33% 31% 36% 35%
0%
20%
40%
60%
80%
100%
FY 2010 FY 2011 FY2012 FY 2013 FY 2014
Revenue by Geography
United States Asia RoW
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Quarterly Growth Trends
2,117 2,071 1,953 1,957
2,109 2,123 1,967
1,615 1,690
-2.8% -2.2%
-5.7%
0.2%
7.7%
0.7%
-7.4%
-17.9%
4.6%
-20.0%
-15.0%
-10.0%
-5.0%
0.0%
5.0%
10.0%
15.0%
20.0%
0
500
1,000
1,500
2,000
2,500
Q2 FY13 Q3 FY13 Q4 FY13 Q1 FY14 Q2 FY14 Q3 FY14 Q4 FY14 Q1 FY15 Q2 FY15
INR
mill
ion
Revenue
Revenue Growth q-o-q (%)
416 383 368 353
382 386 352
313
328
211 178 154 132 151 167 129 130 134
19.7% 18.5% 18.8% 18.0% 18.1% 18.2% 17.9%
19.4% 19.4%
10.0% 8.6% 7.9%
6.8% 7.2% 7.9% 6.6%
8.0% 7.9%
0%
5%
10%
15%
20%
25%
0
100
200
300
400
500
Q2 FY13 Q3 FY13 Q4 FY13 Q1 FY14 Q2 FY14 Q3 FY14 Q4 FY14 Q1 FY15 Q2 FY15
INR
mill
ion
Profitability
Op. EBITDA Net Profit Op. EBITDA Margin (%) Net Margin (%)
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Share Holding Pattern
Category No of Shares % of Total Q-o-Q
Change (%)
Promoter & Promoter Group
83,672,200 68.4% 0.00%
Public Shareholding
- Institutions
DIIs - 0.0% 0.00%
FIIs 1,947,506 1.6% -0.05%
Trust 2,765,422 2.3% 0.00%
- Non Institutions
Bodies Corporate 13,576,764 11.1% 0.11%
Retail/Others 20,438,108 16.7% -0.06%
TOTAL 122,400,000 100.0%
Shareholding Patterns (Sept 30, 2014)
Promoter & Promoter
Group 68.4%
FIIs 1.6%
Trust 2.3%
Bodies Corporate
11.1%
Retail/Others 16.7%
Growth Strategies
And
Key TAKEaways
30
Key Growth Strategies
Broaden and deepen TAKE’s engagements with existing and potential clients by retaining and promoting existing and new portfolio of
solutions in clinical, regulatory, safety and content management to obtain new and/or larger contracts from its clients.
In this direction, TAKE LS is also striving to become an important member of FIPNET community which enables it to work effectively
together with all its clients, pharmaceutical clients, suppliers, partners and regulators.
Enlarge Clients’
Portfolio
2
Commit its resources to focus on US and European clients, ensuring it is at the forefront of regulatory and market developments on
multiple platforms.
Communicate and showcase its abilities to these clients in order to win projects related to rocess outsourcing and consulting.
Focus on US
and European
clients
3
Leverage on its partners to educate pharmaceutical companies on TAKE’s capabilities, for example, in relation to the partners’ platform
(e.g. Oracle) to increase the usage of TAKE LS’ consulting and outsourcing offerings and expand its clientele base.
Leverage on
partnerships
4
Increase its offerings which can be monetised across delivery platforms e.g. products, services offered over SaaS platforms. These
offerings may be developed in-house or acquired through mergers and acquisitions.
Enable all offerings to be device, platform and browser agnostic, to achieve scalability.
Efficient and
scalable
delivery
platforms
5
1. Fully Integrated Pharmaceutical Network
TAKE will focus on Life Sciences business in the future due to its unique positioning that TAKE has achieved over the years , which is not
easy to replicate
Focus on Life
Sciences
Business
1
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Key TAKEaways
Strong fundamentals
Domain expertise
Marquee client list
Niche player operating in niche segments
Strong Portfolio of products and services
Growth momentum
Traction in Life Sciences vertical
Sustained growth in order book providing visibility
Improving financials
Traction in revenue and expansion in margins
Improvement in key operating metrics and profitability ratios
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Appendix
Acronyms Meanings
CTMS Clinical Trial Management System
EDC Electronic Data Capture
CDMS Clinical Data Management System
eDMS Electronic Document Management System
eSub Electronic Submissions
CDR Clinical Data Repository
LSH Life Sciences Hub
PV Pharmacovigilance
IND Investigational New Drug
CTA Clinical Trial Authorization
NDA New Drug Application
PaaS Platform as a Service
ETL Extract Transform and Load
PO collaboration Purchase Order Collaboration
AP automation Accounts Payables Automation
THANK YOU
Disclaimer:
This presentation has been prepared by TAKE Solutions Ltd. (the “Company”) solely for your information and for your use and may not be reproduced, redistributed or passed on, directly or indirectly, to any other person (whether within or outside your organization or firm) or published in whole or in part, for any purpose. By attending this presentation, you are agreeing to be bound by the foregoing restrictions and to maintain absolute confidentiality regarding the information disclosed in these materials.
Certain statements in this presentation concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, intense competition in IT including factors which may affect our cost advantage, wage increases, our ability to attract and retain highly skilled professionals, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in Supply Chain Management (SCM) & Life Sciences (LS), disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our contracts, withdrawal of governmental fiscal incentives, political instability, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property and general economic conditions affecting our industry. TAKE does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the company.
TAKE: Technology, Analytics & Knowledge for the Enterprise
For further information, please contact: Sachin Garg [email protected]