Virtusa
ProfileJobs

Virtusa

Suggest Edit
    • Business ServicesTechnologyit consultingit servicesoutsourcingsystems integrator

    Virtusa Corporation is a global provider of information technology consulting and outsourcing services that accelerate outcomes for businesses in banking, insurance, healthcare, telecommunications, technology, and media & entertainment. The Company's outsourcing solutions enable businesses to improve operational efficiency and reduce IT costs. Virtusa’s digital transformation solutions empower clients to accelerate revenue growth and reimagine the customer experience.

    Revenue(FY, 2017)
    $858.7 M
    Market capitalization(2018-04-25)
    $1.4 B
    Active Customers(Q2, 2018)
    198
    Type
    Public
    HQ
    Westborough, US
    Founded
    1996
    Size (employees)
    19,062 (est)+4%
    Website
    virtusa.com
    Virtusa was founded in 1996 and is headquartered in Westborough, US
    Report incorrect company information

    Virtusa Office Locations

    Virtusa has offices in Taguig, Pune, London, Singapore and in 18 other locations
    Westborough, US (HQ)
    2000 W Park Dr
    Indianapolis, US
    1401 N Meridian St
    New York, US
    1600 370 Lexington Ave
    New York, US
    14 Wall St
    Troy, US
    301 400 Jordan Rd
    Windsor, US
    305 100 Northfield Dr
    Show all (24)
    Report incorrect company information

    Virtusa Financials and Metrics

    Virtusa Financials

    Virtusa's revenue was reported to be $858.73 m in FY, 2017 which is a 43% increase from the previous period.
    USD

    Revenue (FY, 2017)

    		858.7 m

    Revenue growth (FY, 2016 - FY, 2017), %

    		43%

    Net income (FY, 2017)

    		16.3 m

    EBIT (FY, 2017)

    		18.4 m

    Market capitalization (25-Apr-2018)

    		1.4 b

    Cash (30-Sep-2017)

    		162.3 m

    EV

    		1.2 b
    Virtusa's current market capitalization is $1.4 b.
    Annual
    USDFY, 2014FY, 2015FY, 2016FY, 2017

    Revenue

    		396.9 m479 m600.3 m858.7 m

    Revenue growth, %

    		19%21%25%43%

    General and administrative expense

    		165.7 m219.4 m

    Operating expense total

    		165.7 m219.4 m
    Quarterly
    USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

    Revenue

    		134.8 m143 m150.6 m205.5 m210.1 m217.2 m227.3 m248.2 m

    General and administrative expense

    		35.1 m36.2 m39.6 m53.8 m54.2 m55.9 m55 m

    Operating expense total

    		35.1 m36.2 m39.6 m53.8 m54.2 m55.9 m55 m

    EBIT

    		12.4 m13.3 m14.1 m(1.8 m)3.5 m6.5 m6.1 m10.3 m
    show all
    Annual
    usdY, 2010Y, 2011Y, 2012Y, 2013FY, 2014FY, 2015FY, 2016FY, 2017

    Cash

    		43.9 m50.2 m58.1 m57.2 m82.8 m124.8 m149 m144.9 m

    Accounts Receivable

    		276.2 k

    Inventories

    		9.6 m

    Current Assets

    		260.1 m347.2 m528.8 m480.2 m
    Quarterly
    USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

    Cash

    		64.9 m93.4 m76.9 m94 m98.3 m103.8 m82.3 m119.7 m140.3 m158.9 m133.9 m154 m162.3 m

    Inventories

    		(4.5 m)

    Current Assets

    		209.5 m240.9 m271.8 m288.4 m315 m332.3 m335.2 m351.2 m420.5 m432.2 m460.9 m488.3 m506.7 m

    PP&E

    		118.6 m
    show all
    Annual
    usdFY, 2014FY, 2015FY, 2016FY, 2017

    Net Income

    		34.4 m42.4 m45 m16.3 m

    Depreciation and Amortization

    		11.5 m13.6 m16.5 m25.9 m

    Inventories

    		(4.9 m)4.5 m(7.8 m)

    Accounts Payable

    		(228 k)(212 k)(7.3 m)(6.5 m)
    Quarterly
    USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

    Net Income

    		15 m24.3 m9 m19.1 m30.9 m10.1 m21.2 m32.5 m(5.5 m)(1.1 m)4.5 m4.6 m7.6 m

    Depreciation and Amortization

    		5.2 m7.9 m3.6 m7.2 m10.5 m3.6 m7.6 m11.9 m6.2 m12.5 m19.2 m6.6 m

    Inventories

    		(4.5 m)

    Accounts Payable

    		(2.3 m)(1.2 m)189 k(887 k)(898 k)(180 k)670 k1.8 m(4.3 m)(2.3 m)7.4 m1.4 m22.3 m
    show all
    USDY, 2017

    EV/EBIT

    		66.7 x

    EV/CFO

    		41.1 x

    Revenue/Employee

    		47.2 k

    Financial Leverage

    		1.6 x
    Show all financial metrics

    Virtusa Operating Metrics

    Virtusa's Active Customers was reported to be 198 in Q2, 2018.
    FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018

    Active Customers

    		114 121 128 131 174 179 187 189 191 196 198
    Show all operating metrics
    Report incorrect company information

    Competitors

    Ciber
    Business Services - Subsidiary
    PCS
    Business Services - Private
    NNIT
    Business Services - Public
    Syntel
    Business Services - Public
    Compare competitors

    Virtusa News and Updates

    March 22, 2018

    Most businesses unprepared for digital transformation

    Customer experience, business processes, and innovation are all important considerations.
    Report incorrect company information
    Download PDF