Slide 1: Exchange filing cover letter for earnings presentation
EL/SEC/2024-25/ 76 October 30, 2024 Corporate Relationship Department The Manager, Listing Department BSE Limited National Stock Exchange of India Limited 1st Floor, New Trading Ring Rotunda "Exchange Plaza”, C-1, Block G, Building, P J Towers, Dalal Street, Fort, Bandra-Kurla Complex, Bandra (E), M
Slide 2: Q2 FY 2025 Investor Presentation
Q2 FY 2025 Investor Presentation Enabling Enterprise Transition to Zero Trust October 2024 www.eMudhra.com
Slide 3: Table of Contents
Table of Contents 1 Q2 FY 2025 Financial Performance and Business Update 2 eMudhra Business Overview 3 Financials
Slide 4: Q2 FY 2025 Financial Performance and Business Update
1 Q2 FY 2025 Financial Performance and Business Update
Slide 5: Q2 FY2025 Performance Highlights
Q2 FY2025 Performance Highlights Healthy growth led by growth in domestic and overseas markets Revenue from Operations Rs. 1,427 Mn Revenue growth driven by growth in + 47.5% YoY Enterprise solutions and services, trust services business model change and tax filing season EBITDA EBIT Net Profits Str
Slide 6: Q2 FY2025 Performance Highlights: Revenue Mix
Q2 FY2025 Performance Highlights Expanded offering as a solutions provider in Zero Trust with product/services resulted in good deal wins globally; new model for trust services rolled out Revenue Mix (Enterprise Solutions and Services vs Trust (Rs. Mn) Enterprise Solutions and Services Services) • D
Slide 7: Q2 FY2025 Financial Highlights
Q2 FY2025 Financial Highlights eMudhra track record of delivering consistent growth driven by growth in enterprise solutions both in India and overseas, complemented by growing professional services revenue (Rs. Mn) Revenue From Operations EBITDA Profit after Tax 2,337 633 405 534 351 1,760 1,412 33
Slide 8: What changed in Trust Services?
What changed in Trust Services? Regulatory changes in trust services mandating end customer billing came into effect July 15 to ensure better compliance with DPDP Act, move towards transparency Old Model New Model Significant technology changes to protect Total Revenue Billing (through sale of stock
Slide 9: Enterprise Solution and Services Unified Positioning for Zero Trust
Enterprise Solution and Services Unified Positioning for Zero Trust Enterprise IT environments are becoming complex – always Open, Multi Location, Multi Environment (On-Prem/Cloud) Key observations in this new paradigm Cloud • Cloud is growing to be a platform of choice given the cost, • IaaS/PaaS m
Slide 10: Key Project Wins
Key Project Wins Roll out of Identity and Access Management platform for a very large Life Insurer in India Implementation of emSigner for paperless transformation for very large Banks in multiple countries in Middle East and Africa Managed PKI for a large Trust Service Provider serving the Latin Am
Slide 11: Other Business Highlights
Other Business Highlights Significant revamp of technology platforms for trust services to enable better partner relations management Recognized as a leader in G2 in the Small Business eSignature category for Asia Awarded Medium Enterprise of the Year in Digital Transformation as part of HSBC and CN
Slide 12: Business Overview
2 Business Overview
Slide 13: Identity and Security are central in Enterprise Transition to Zero Trust
“Identity” and “Security” are central in Enterprise Transition to Zero Trust eMudhra is a “One Stop Shop” solution provider in Authorization/Signing deploying PKI for enabling enterprise transition to Zero Trust Trust Services Largest CA in India to issue individual/organization digital signature Us
Slide 14: Traceability and Verifiability driving Identity backed Digital Signatures
“Traceability” and “Verifiability” are driving use of Identity backed Digital Signatures for paperless transformation • emSigner offers Enterprise grade digital signature workflow capabilities with a global digital trust service backbone at competitive pricing • Focus on integrating Digital ID and e
Slide 15: Cyberthreats and data privacy driving strong authentication and encryption
Cyberthreats, Data breaches and data privacy are driving adoption of strong authentication, access and encryption solutions • emAS/emCA/emDiscovery offer a powerful suite of solutions for enabling strong authentication and access control using PKI • Extensive capabilities for auto discovery, renewal
Slide 16: Our solutions power mission critical applications
Our solutions power mission critical applications Integrated Identity and Access Encryption and Key Management for Enterprise wide paperless Management for a very large public secure communications for a Defense transformation with eSign/eStamping in sector Bank Agency in India BFSI and Capital Mark
Slide 17: Customer Engagement Lifecycle
Customer Engagement Lifecycle “Land” and “Expand” strategy Flexible Pricing Models Enter with one use case – Volume based Yearly Billing multifactor authentication Cross-sell/upsell to augment use cases for PKI or Based on # of In some cases quarterly or paperless transformation of departmental work
Slide 18: Partnerships and Thought Leadership
Partnerships and Thought Leadership Platform Integrations System Integrator Partnerships Regional Resellers Global Memberships 17
Slide 19: Awards and Accolades
Awards and Accolades eMudhra wins Excellence in IT/ITES eMudhra gets mentioned as a Lightweight eMudhra has been accepted by IGTF as at ET Business Awards 2024 CLM Example Vendor in the 2024 an Authentication Provider, making it Gartner® report Effectively Manage Your one of the only five commercial
Slide 20: A quick video overview of how our products work
A quick video overview of * how our products work * *emDiscovery is being rebranded as Certinext emAS is being rebranded as SecurePass
Slide 21: Financials
3 Financials
Slide 22: Consolidated Statement of Profit and Loss
Consolidated Statement of Profit and Loss Y-o-Y Q-o-Q Y-o-Y (Rs. Million) Q2 FY2025* Q2 FY2025 Q2 FY2024 Q1 FY2025 H1 FY2025 H1 FY2024 Growth(%) Growth(%) Growth (%) Revenue from Operations 1,300.4 1,412.2 963.0 46.6% 924.4 52.8% 2,336.6 1,760.5 32.7% Other Income 14.5 14.5 4.0 25.8 40.3 13.8 Total
Slide 23: Consolidated Statement of Assets and Liabilities
Consolidated Statement of Assets and Liabilities (Rs. Million) H1 FY2025 FY2024 ASSETS Property, plant and equipment 1,183.2 1,106.0 Right-of-Use Assets - 1.9 Capital work-in-progress 165.3 303.3 Intangible assets 1,087.7 907.4 Intangible assets under development 426.0 202.6 Goodwill 1,254.7 511.4 I
Slide 24: Consolidated Statement of Cash Flow
Consolidated Statement of Cash Flow (Rs. Million) H1 FY2025 FY2024 Profit before tax 507.8 926.6 Adjustments to profits before tax 104.3 301.2 Working capital adjustments (35.2) (393.3) Income taxes paid (62.7) (109.3) Net Cash flow from operating Activities 514.2 725.2 Cash used in investing activi
Slide 25: Disclaimer and Contact Information
Disclaimer and Contact Information Disclaimer This presentation contains statements that are “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating to “eMudhra” future business developments and
Slide 26: eMudhra enables enterprises and consumers to transact securely
eMudhra enables enterprises and consumers to engage, exchange information and transact securely, efficiently and Amsterdam with enhanced customer experience. Bengaluru Bogota Dubai Corporate Office: Jakarta ClN - U72900KA2008P1C050368 New Jersey No.56, Sai Arcade, 3rd Floor, Outer Ring Road, Devarab