Slide 1: Exchange filing cover letter for earnings presentation
EL/SEC/2022-23/ 54 October 20, 2022 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), Mu
Slide 2: Q2 and H1 FY2023 Earnings Presentation
Q2 and H1 FY2023 Earnings Presentation Trust Authentication Digital e-Signatures Services and Access Transformation October 2022 www.eMudhra.com
Slide 3: eMudhra: One Stop Shop Solution Provider in Secure Digital Transformation
eMudhra: “One Stop Shop” Solution Provider in Secure Digital Transformation Market Leadership as the Largest Licensed Certifying Authority in India “One Stop Shop” Player Market Leader “One Stop Shop” Player in Secure Digital Largest licensed CA in India with 37.9% market share Transformation in Dig
Slide 4: Q2 FY2023 Performance Highlights
Q2 FY2023 Performance Highlights Revenue up by 20%, EBITDA up by 35% and Net Profits up by 58% y-o-y Revenue from Operations Rs. 585 Mn Revenue from Operations growth was led by a significant increase in the Enterprise Solutions + 20% YoY business, especially in international markets which grew by >
Slide 5: Q2 FY2023 Performance Highlights
Q2 FY2023 Performance Highlights eMudhra continues to strengthen its channel network and expand its customer base (Rs. Mn) Revenue Mix Enterprise Solutions (Enterprise Solutions vs Trust Services) • The total count of enterprise India Partners grew by 5.2% to 303 • The total count of enterprise Indi
Slide 6: Key Project Wins
Key Project Wins Rollout of eSignature workflow (emSigner) along with document vault capabilities for a mid-market electronic/appliance retailer in US as a replacement to their existing eSignature platform. emSigner will be used as an integrated offering to manage both document signature and documen
Slide 7: Other Business Highlights
Other Business Highlights We have added one branch in Sharjah, UAE and contemplating setting up of branches in Saudi Arabia, Qatar and Kenya to cater to the growing client base in the region Acquired initial large customer for SSL business in Middle East; we have enhanced our emSign portal and valid
Slide 8: Management Perspective
Management Perspective Mr. Venkatraman Srinivasan (Founder & Chairman), commenting on Q2 FY23 Results We have started with another successful quarter and are pleased to share our Q2 FY23 results with Revenue from Operations of Rs. 585 million which represents growth of 20% y-o-y. Many factors have c
Slide 9: H1 FY2023 Performance Highlights
H1 FY2023 Performance Highlights Delivering Strong Growth on All Key Parameters Revenue from Operations Revenue growth driven by both Trust Services and Enterprise Solutions primarily due to new customer Rs. 1,107 Mn acquisition, international market expansion and incremental cross + 21% YoY sales E
Slide 10: Consolidated Statement of Profit and Loss
Consolidated Statement of Profit and Loss Y-o-Y Q1 FY2023 Q-o-Q Q2 FY2023 Q2 FY2022 H1 FY23 H1 FY22 Y-o-Y (Rs. Million) Growth(%) FY2023 Growth(%) Revenue from Operations 585 489 20% 522 12% 1,107 918 21% Other Income 14 6 6 20 16 Total Income 599 495 21% 528 13% 1,127 935 21% Operating Expenses 129
Slide 11: Consolidated Balance Sheet
Consolidated Balance Sheet As at September INR in million March 31,2022 30,2022 ASSETS Property, plant and equipment 928.91 658.50 Right-of-Use Assets 106.55 104.65 Capital work-in-progress 137.84 256.93 Intangible assets 351.01 382.25 Intangible assets under development 282.26 172.23 Goodwill 39.19
Slide 12: Consolidated Cash Flow
Consolidated Cash Flow For the half year ended INR in million September 30,2022 September 30,2021 Profit before tax 349.82 239.28 Adjustments to profit before tax 74.18 60.53 Working capital adjustments (242.22) (141.79) Income taxes refund/(paid) (32.37) (24.64) Net Cash flow from operating Activit
Slide 13: Financial Performance
Financial Performance eMudhra Track Record of Delivering Consistent Growth with Accelerated Profitability Revenue From Operations (Rs. Mn) 21.6% CAGR 1,826 1,016 1,165 1,316 1,107 918 FY19 FY20 FY21 FY22 H1FY22 H1FY23 EBITDA Profit after Tax 33.1% 411 28.7% 688 CAGR CAGR 254 302 323 443 184 408 22%
Slide 14: Key Business Indicators
Key Business Indicators Enterprise solutions and international business continues to see strong growth Revenue Mix (Trust Services vs Solutions) Revenue Mix - Geography (Rs. Mn) 349 980 146 255 601 643 102 385 356 697 1477 170 467 846 914 1019 1061 654 563 672 749 722 451 410 FY19 FY20 FY21 FY22 H1
Slide 15: eMudhra Positioning
“One Stop Shop” for Secure Enterprise Paperless Transformation A combination of positioning, product capability, flexibility and competitiveness is aiding acceleration of eMudhra’s growth in global markets • Products across Identity, Authentication and Signing with strong capability • 1 Platform Gar
Slide 16: 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 17: eMudhra enables enterprises and consumers to engage, exchange information and 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