Virtusa Corporation provides end-to-end information technology (IT) services to Global 2000 companies. These services, which include IT consulting, application maintenance, development, systems integration and managed services, leverage a unique Platforming methodology that transforms clients’ businesses through IT rationalization. Virtusa helps customers accelerate business outcomes by consolidating, rationalizing, and modernizing their core customer-facing processes into one or more core systems.

Virtusa delivers cost-effective solutions through a global delivery model, applying advanced methods such as Agile and Accelerated Solution Design to ensure that its solutions meet the clients’ requirements. As a result, its clients simultaneously reduce their IT operations cost while increasing their ability to meet changing business needs. 

Founded in 1996 and headquartered in Massachusetts, Virtusa has operations in North America, Europe, and Asia.

Type
Public
HQ
Westborough, US
Founded
1996
Size (employees)
17,500 (est)+65%
Virtusa was founded in 1996 and is headquartered in Westborough, US

Virtusa Office Locations

Virtusa has offices in Westborough, London, Schiphol, München and in 18 other locations
Westborough, US (HQ)
2000 W Park Dr
Indianapolis, US
1401 N Meridian St
Troy, US
301 400 Jordan Rd
New York, US
14 Wall St
Windsor, US
305 100 Northfield Dr
New York, US
1600 370 Lexington Ave
Taguig, PH
Mc Kinley Pkwy
Kuala Lumpur, MY
Jalan Kerinchi
Colombo, LK
752 Dr Danister De Silva Mawatha
Pune, IN
Saswad Rd
Mumbai, IN
Supreme Business Park Kensington Rear Exit Road
Chennai, IN
Post Office Building Poonamalle Rd
Gothenburg, SE
16 GÖtgatan
Stockholm, SE
5 B Strandvägen
Oberengstringen, CH
57 A Brunnhaldenstrasse
Wien, AT
3 Fischhof
Budapest, HU
14 Horvát U.
München, DE
22 Welfenstraße
Schiphol, NL
231 Schiphol Boulevard
London, GB
26 Finsbury Square

Virtusa Data and Metrics

Virtusa Financial Metrics

Virtusa's revenue was reported to be $600.3 m in FY, 2016 which is a 25% increase from the previous period.
Numbers are in $, USD

Revenue (FY, 2016)

600.3 m

Revenue growth (FY, 2015 - FY, 2016), %

25%

Net income (FY, 2016)

45 m

EBIT (FY, 2016)

45.3 m

Market capitalization (26-May-2017)

886.9 m

Closing share price (26-May-2017)

29.6

Cash (31-Mar-2016)

149 m
Virtusa's current market capitalization is $886.9 m.
Numbers are in $, USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

218 m277.8 m333.2 m396.9 m479 m600.3 m

Revenue growth, %

27%20%19%21%25%

General and administrative expense

165.7 m

Operating expense total

165.7 m

EBIT

42.4 m52.6 m45.3 m

EBIT margin, %

11%11%8%

Interest income

4.8 m

Pre tax profit

57.7 m

Income tax expense

2 m6.4 m7.5 m11.5 m15 m12.6 m

Net Income

34.4 m42.4 m45 m
Numbers are in $, USDY, 2010Y, 2011Y, 2012Y, 2013FY, 2014FY, 2015FY, 2016

Cash

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

Inventories

9.6 m

Current Assets

260.1 m347.2 m528.8 m

PP&E

35.3 m38 m116.3 m

Goodwill

53.4 m50.4 m200.4 m

Total Assets

449.4 m489.7 m980 m

Accounts Payable

11 m8.7 m27.5 m

Current Liabilities

66.8 m61.2 m141.3 m

Additional Paid-in Capital

269.5 m283.2 m297.6 m

Retained Earnings

141.6 m184.1 m228.9 m

Total Equity

374.1 m423.8 m628 m

Financial Leverage

1.2 x1.2 x1.6 x
Numbers are in $, USDFY, 2014FY, 2015FY, 2016

Net Income

34.4 m42.4 m45 m

Depreciation and Amortization

11.5 m13.6 m16.5 m

Accounts Receivable

(741.4 k)

Inventories

(4.9 m)4.5 m(7.8 m)

Accounts Payable

(228 k)(212 k)(7.3 m)

Cash From Operating Activities

25.6 m42 m24.2 m

Purchases of PP&E

(7.5 m)(14.7 m)(13.5 m)

Cash From Investing Activities

(113 m)(10.1 m)(217.9 m)

Cash From Financing Activities

91.7 m5.2 m197.4 m

Interest Paid

13 k24 k33 k
Numbers are in $, USDY, 2016

Revenue/Employee

56.4 k

Financial Leverage

1.6 x

Virtusa Market Value History

Virtusa Median Salaries

Source: 1.9 k public H-1B filings from Virtusa

Virtusa Online and Social Media Presence

Virtusa Company Life and Culture

You may also be interested in