Xerox India Annual Report 2018-19 Update- 26.10.2019

Xerox is a print technology and intelligent work solutions leader. They have expertise in imaging and printing, data analytics, and the development of secure and automated solutions to help customers improve productivity and increase client satisfaction.

The primary offerings span in three main areas: Intelligent Workplace Services, Workplace Solutions, and Production Solutions.

Intelligent Workplace Services offerings help customers, ranging from small businesses to global enterprises, optimize their printing and related document workflow and business processes.

Workplace Solutions and Production Solutions offerings support the work processes to customers by providing them with solutions built upon a broad portfolio of industry-leading printing and workflow offerings.

Production Solutions are designed for customers in the graphic communications, in-plant and production print environments with high-volume printing requirements. These solutions enable full-color, on-demand printing of a wide range of applications, including variable data for personalized content and one-to-one marketing.

The company has recently published its Annual Report for FY18-19. As per the annual report;

(i) The company has posted a profit before tax of Rs. 38.33 cr and a profit after tax of Rs. 23.19 cr in FY18-19 as against profit before tax of Rs. 77.64 cr and profit after tax of Rs. 45.24 cr in the previous year, thereby recording a decline of 50.63% and 48.73%, respectively

(ii) The company has given a dividend of Rs. 23.50 per share which is excellent.

(iii) The financial performance of FY18-19 is bleak and there is no growth in bottom-line and the company has performed badly in all profitability parameters.

The company’s performance in the last 4 years is tabulated below.

Particulars( in cr) 2019 2018 2017 2016
Revenue 618 562 533 529
PBT 38.33 77.64 84.26 29.64
PAT 23.19 45.24 59.61 18.91
EPS 5.61 10.29 13.4 4.22

1. The Xerox India Revenue is growing at a CAGR of 5.02% in the last 4 years.

2. The Xerox India PAT is growing at a CAGR of 8.13% in the last 4 years.

3. The company’s ROE has gone down to 7.47% in FY19 as compared to 15% in FY18.

4. The company’s EBITDA has gone down to 7.47% in FY19 as compared to 15.84% in FY18

5. The Company is debt-free. No Long-term and Short-term loan on books.

The company has some seasoned investors like Rakesh Jhunjhunwala and Radhakishan S Damani holding 33366 and 75757 shares, respectively as on 31.03.2019.

Annual Report 2019