Cigniti Technologies Limited · NSE:CIGNITITEC
Cigniti Technologies — Q4 FY2023 Earnings Presentation
17 slides from Cigniti Technologies's earnings presentation, May 3, 2023
Slide 1: Cigniti Technologies Ltd. Investor Update Q4 & FY23
Cigniti Technologies Ltd. Investor Update Q4 & FY23 World's Leading AI & IP-led Digital Assurance & Digital Engineering Services Company
Slide 2: Q4 & FY23 Highlights
Q4 & FY23 Highlights » The Company’s Consolidated Revenue from operations for the quarter Q4’FY23 stood at Rs 424.97 crore as against Rs 344.08 crore corresponding quarter 424.97 230+ Active Clients Q4’FY22. Revenue (INR in Cr.) 50+ Fortune 500 Clients » EBITDA margin for the March quarter was at 16
Slide 3: Q4FY23 Financials (INR in Cr.)
Q4FY23 Financials (INR in Cr.) Revenue Q o Q Revenue Y o Y T www.cigniti.com | Unsolicited Distribution is Restricted. Copyright @ 2023, Cigniti Technologies 3
Slide 4: Client Composition / Geography Mix of Revenue
Client Composition / Geography Mix of Revenue CLIENT CONTRIBUTION TO REVENUE (%) ACTIVE CLIENTS AND NEW CLIENTS Clients Q1 Q2 Q3 Q4 FY 2023 Number of Clients 235 246 244 230 301 New Clients Added 13 9 13 12 47 www.cigniti.com | Unsolicited Distribution is Restricted. Copyright @ 2023, Cigniti Techno
Slide 5: Billing Utilization FY 2023
Billing Utilization FY 2023 www.cigniti.com | Unsolicited Distribution is Restricted. Copyright @ 2023, Cigniti Technologies 5
Slide 6: Revenue By Sector (%)
Revenue By Sector (%) www.cigniti.com | Unsolicited Distribution is Restricted. Copyright @ 2023, Cigniti Technologies 6
Slide 7: Cigniti – Assure | Engineer | Transform – Digital. Done. Right.
Cigniti – Assure | Engineer | Transform – Digital. Done. Right.TM Digital Assurance Services Digital Engineering Services Strategic Digital Transformation Partner www.cigniti.com | Unsolicited Distribution is Restricted. Copyright @ 2023, Cigniti Technologies 7
Slide 8: Accelerating Digital Transformation - an IP & Platform-led Approach
Accelerating Digital Transformation - an IP & Platform-led Approach BlueSwanTM ZastraTM AI-led & next-gen proprietary Digital Enterprise-grade annotation & collaboration Assurance platform platform for computer vision projects Verita Incight Data Ingestion from S3 / AI-enabled Quality Customer Digit
Slide 9: Our Key Service Offerings
Our Key Service Offerings Quality Engineering • Automated Functional Testing • TEM & TDM Digital Assurance • Non-functional Testing • Service Virtualization • Mobility • Customer Experience • Monitoring & Analysis • End to End Automation • Analytics • Cloud Native Application Testing • Performance E
Slide 10: Our Driving Force
Our Driving Force Management Advisory Council Board Srikanth Chakkilam, C V Subramanyam, RK Agarwal, Independent CEO & Non-executive Ramnik Kamo Chairman and MD EVP, CIO, & Chief People Officer, Director Director Mavenir Dr. Aiman Abdel-Malek Phaneesh Murthy, Executive Chairman, Advisory Board, Thir
Slide 11: Awards & Recognitions
Awards & Recognitions Awards & Recognitions » ISG recognized as a Contenders in Client Development, Manufacturing Supply Chain Digital Transformation, MedTech Digital Transformation, & Pharmacovigilance & Regulatory Affairs quadrants in the Life Sciences Digital Services Study 2022. Zinnov positione
Slide 12: Financial Highlights Q4FY23- Consolidated
Financial Highlights Q4FY23- Consolidated All values are in INR Million Particulars Q4FY23 Q4FY22 Y-o-Y % Q3FY23 Q-o-Q % Income Revenue from operations 4,250 3,441 23.5% 4,280 -0.7% Revenue from operations ($M) $52.08 $46.30 52.59 Expenses Employee benefit expense 2,448 2,001 22.3% 2,493 -1.8% Hired
Slide 13: Financial Highlights 12MFY23- Consolidated
Financial Highlights 12MFY23- Consolidated All values are in INR Million Particulars 12MFY23 12MFY22 Y-o-Y Income Revenue from operations 16,475 12,418 32.7% Revenue from operations ($M) $206 $164 Expenses Employee benefit expense 9,644 7,393 30.5% Hired Contractors Cost 3,075 2,394 28.5% Other expe
Slide 14: Cigniti's Consolidated Balance Sheet
All values are in INR Million Cigniti’s Consolidated Balance Sheet Particulars FY23 FY22 Particulars FY23 FY22 Property Plant & equipment 302 326 Equity & Liabilities Right-to-use asset 188 255 Equity share capital 273 281 Goodwill 740 549 Other equity 5,621 4,318 Capital WIP - - Sub total 5,894 4,5
Slide 15: Cashflow Generation
Cashflow Generation All Figures in INR Mn. FY 2023 FY 2022 Cash Generation Profit before tax 2,216 1,215 Cash and cash equivalents (including fixed deposits) at a (+/-) Non-cash & non operating Items 270 196 healthy levels of 1,192 Mn. Operating Profit before WC Changes 2,486 1,411 Company has i
Slide 16: Disclaimer
Disclaimer This presentation is strictly confidential and may not be copied, published, distributed or transmitted. The information in this presentation is being provided by Cigniti Technologies Ltd. (also referred to as ‘Company’). By attending a meeting where this presentation is made, or by readi
Slide 17: Cigniti Technologies Ltd. Offices
India Hyderabad Cigniti Technologies Ltd. 6th Floor, ORION Block, "The V" (Ascendas) Plot #17 Software Units Layout Madhapur, Hyderabad-500081 US US UK Cigniti Technologies Inc. 630 Freedom Business Center, Cigniti Technologies (UK) Limited 433 E Las Colinas Blvd, 3rd Floor, King of WeWork , 8 Devon
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