Slide 1: Q3/9M '25 earnings call
Q3/9M ‘25 earnings call 1
Slide 2: Disclaimer
Disclaimer: The information contained in this document is provided as of the date of its publication and is subject to change without notice. This presentation contains preliminary figures and forward-looking statements. Forward-looking statements may be identified by words such as “expect”, “foreca
Slide 3: Our Mission Statement
Our Mission Statement: To make distance and difference irrelevant between intelligent people 3
Slide 4: Q3/9M 2025 & recent highlights
Q3/9M 2025 & recent highlights • Q3 revenue growth of +9% YoY at constant currency, tracking to 2025 guidance • Q3 gross margins of +33% highlights increased focus on margin expansion • Q3 Adj EBITDA margins of +17%, above high end of guidance range and at the highest level since 2022 • Actions we’v
Slide 5: Q3 2025, by the numbers
Q3 2025, by the numbers €255m 9.4% 4.8% 33.1% 17.3% revenue YoY revenue growth YoY revenue growth gross margin adjusted EBITDA margin constant currency Industries’ YoY growth range Geographical YoY growth range 30% -19% 11% 1% 15% Mgmt. Consulting & Telecom, Media and Central Europe North America To
Slide 6: Strong execution YTD; Adj. EBITDA margins without F/X impact on intra-company loans
Strong execution YTD; Adj. EBITDA margins without F/X impact on intra-company loans Q1 '25 Q2 '25 Q3 '25 Revenue (€M) € 246.9 € 252.0 € 254.6 Adjusted EBITDA (€M) € 30.2 € 30.5 € 44.0 Intra-company loans unrealized F/X impact (€M) € 7.3 € 8.5 € 0.0 Adjusted EBITDA margin as reported 12.2% 12.1% 17.3
Slide 7: Improved corporate governance, enhanced capital allocation discipline
Improved corporate governance, enhanced capital allocation discipline • New auditor • Enhanced reporting & disclosures • Internal profitability controls • Expanded board • Share buybacks & dividends while tempering leverage • EcoVadis Gold Rating • New CFO • Improved risk management & internal contr
Slide 8: Diversification has provided stability, but there's a new push for targeted growth
Diversification has provided stability, but there’s a new push for targeted growth Revenue by industry Revenue by customers 4% (PY 5%) Telecom, Media and Entertainment 15% 5% (PY 6%) 26% (PY 23%) Top5 Horizontal Tech Automotive, Mfg. 6% (PY 8%) and Industrial 9% Energy, Utilities & Bldg Automation T
Slide 9: Revenue distribution by geo is a natural hedge
Revenue distribution by geo is a natural hedge Revenue by geography Personnel worldwide 23% Rest of World North America 35% (PY 24%) €255m (PY 36%) 17,680 Q3’25 Total professionals 13% Rest of Europe Central Europe 16,135 (PY 12%) Professionals in engineering 30% (PY 28%) 1. Central Europe comprises
Slide 10: Maintaining a healthy net leverage ratio
Maintaining a healthy net leverage ratio Net liability €m Cash flow €m 1.7x 1.3x 1.7x 33.1 -49.2 213.3 191.5 242.6 54.5 70.8 77.1 48.7 64.9 -6.2 -8.9 329.6 301.2 -25.5 274.7 -117.4 -110.1 -129.4 -192.6 Financial liabilities include drawdown on syndicated credit facility, bank loans, and liabilities
Slide 11: Capital allocation initiatives
Capital allocation initiatives Focus on maximizing stakeholder value via efficient allocation of capital Share buybacks Sustainable annual dividend policy of distributing between 10% - 20% • Bought back ~684k shares for €50m, of EBIT as of June 30, 2025 • Dividend of €12.6 million, 13.1% of • Announ
Slide 12: Fluidic Intelligence
Fluidic Intelligence Unlocking intelligence, elevating performance Human and Linked enterprise Flow of Al Collaboration data and Al models Intelligence We work at the intersection of engineering, technology, and enterprise. We utilize AI-native engineering to eliminate friction and maintain enterpri
Slide 13: Fluidic Forge
Fluidic Forge Building the intelligent enterprise layer by layer Run the business Improve the business Unify the business Transform the business Operational Decision & Planning Integration & Technology Core Intelligence Intelligence Orchestration Modernization Order Forecastra++ Mosaic++ Mainframe I
Slide 14: Unlocking fluidic operations at Dublin airport
Unlocking fluidic operations at Dublin airport How our intelligent data platform masters disruptions 14 and optimizes every passenger journey
Slide 15: Fluidic Intelligence for Dublin Airport
Fluidic Intelligence for Dublin Airport From Operational Fragmentation • 12th largest airport in Europe to Integrated Intelligence with 30M+ passengers annually. Our systems -thinking approach unlocked hidden knowledge, analyzed friction points, and revealed 4 use cases to build an AI -ready, fluidi
Slide 16: Inventing the future with industry-leading clients
Inventing the future with industry-leading clients Automotive, Retail Financial Services Travel Public, Non-profit Management Consulting Life Sciences Energy, Utilities Horizontal Telecom, Media Manufacturing, & CPG & Insurance & Logistics & Education & Business Information & Healthcare & Building A
Slide 17: Thank you
Thank you 17 © Nagarro