Cigniti Technologies Limited · NSE:CIGNITITEC
Cigniti Technologies — Q3 FY2022 Earnings Presentation
17 slides from Cigniti Technologies's earnings presentation, Jan 31, 2022
Slide 1: Cigniti Technologies Ltd. Investor Update Q3 & 9M-FY22
Cigniti Technologies Ltd. Investor Update Q3 & 9M-FY22 www.cigniti.com | Unsolicited Distribution is Restricted. Copyright © 2021-22, Cigniti Technologies
Slide 2: Q3 FY22 Highlights
Q3 FY22 Highlights » The Company accelerated its revenue in the current quarter by 5.7% to Rs. 230+ 325.46 Cr. in comparison to previous quarter. » The Company during the quarter has won 18 new clients. 325.46 Active Clients » Growth has been achieved with change in strategy of the company to work R
Slide 3: EBITDA & PAT Analysis (FY: 21-22)
EBITDA & PAT Analysis (FY: 21-22) INR Crores Particulars Q1 Q2 Q3 9M' 2021-22 EBITDA (Reported) 24.31 31.92 40.44 96.67 In % 9.2% 10.4% 12.4% 10.8% Add: SEIS Reversal - 9.74 - 9.74 Normalized EBITDA 24.31 41.66 40.44 106.41 In % 9.2% 13.5% 12.4% 11.9% INR Crores INR Crores Particulars Q1 Q2 Q3 9M' 2
Slide 4: Q3FY22 Financials (INR in Cr.)
Q3FY22 Financials (INR in Cr.) Revenue Resource Mix Revenue Mix Revenue Mix Resource Mix FY: 2021-22 Onsite Offshore Onsite Offshore Q2 50.4% 49.6% 21.2% 78.8% Q3 50.3% 49.7% 21.9% 78.1% T www.cigniti.com | Unsolicited Distribution is Restricted. Copyright © 2021-22, Cigniti Technologies 4
Slide 5: Client Composition / Geography Mix of Revenue
Client Composition / Geography Mix of Revenue CLIENT CONTRIBUTION TO REVENUE (%) ACTIVE CLIENTS AND NEW CLIENTS Clients Q3 FY22 Q2 FY22 Number of Active Clients 235 231 New Clients Added 18 16 www.cigniti.com | Unsolicited Distribution is Restricted. Copyright © 2021-22, Cigniti Technologies 5
Slide 6: Employee Metrics
Employee Metrics UTILIZATION Utilization Q3 FY22 Q2 FY22 Resource Mix Q3 FY22 Q2 FY22 Onsite 95.3% 96.7% Onsite 21.9% 21.2% Offshore 84.6% 83.7% Offshore 78.1% 78.8% www.cigniti.com | Unsolicited Distribution is Restricted. Copyright © 2021-22, Cigniti Technologies 6
Slide 7: Revenue By Sector (%)
Revenue By Sector (%) www.cigniti.com | Unsolicited Distribution is Restricted. Copyright © 2021-22, Cigniti Technologies 7
Slide 8: Cigniti's Core Service Offerings for Large Enterprise Clients
Cigniti’s Core Service Offerings for Large Enterprise Clients Quality Engineering and Quality Assurance and Digital and Next Generation Specialized Offerings Traditional Offerings Offerings • Performance Engineering • Security Testing • IoT Assurance • Service Virtualization • Functional Testing • C
Slide 9: Board Members
Board Members www.cigniti.com | Unsolicited Distribution is Restricted. Copyright © 2021-22, Cigniti Technologies 9
Slide 10: Awards & Recognitions
Awards & Recognitions Awards & Recognitions » World’s leading independent Quality Engineering & Software Testing services company » Appraised at CMMI-SVC v1.3, Maturity Level 5, and ISO 9001:2015 & ISO 27001:2013 certified » Forrester recognizes Cigniti as a Strong Performer in Continuous Automation
Slide 11: Financial Highlights Q3FY22 - Consolidated
Financial Highlights Q3FY22- Consolidated All values are in INR Million Particulars Q3FY22 Q2FY22 Q3FY21 Q-o-Q Y-o-Y Income Revenue from operations 3,254 3,079 2,239 5.7% 45.4% Revenue from operations ($M) 43.86 42.15 30.49 Expenses Employee benefit expense 1,929 1,807 1,332 6.8% 44.8% Other expense
Slide 12: Financial Highlights 9MFY22 - Consolidated
Financial Highlights 9MFY22- Consolidated All values are in INR Million Particulars 9MFY22 9MFY21 Y-o-Y Income Revenue from operations 8,977 6,635 35.3% Revenue from operations ($M) 122 90 Expenses Employee benefit expense 5,391 3,875 39.1% Other expenses 2,619 1,638 59.9% EBITDA 967 1,122 -13.9% %
Slide 13: Cigniti's Income statement FY 21 – Consolidated
Cigniti’s Income statement FY 21 – Consolidated All values are in INR Million Particulars FY20 FY21 Income Revenue from operations 8,720 8,965 Revenue from operations ($M) 124 122 Expenses Employee benefit expense 5,190 5,216 Other expenses 2,243 2,295 EBITDA 1,287 1,455 % EBITDA 14.8% 16.2% Depreci
Slide 14: Cigniti's Consolidated Balance Sheet
Cigniti’s Consolidated Balance Sheet All values are in INR Million Particulars H1FY22 FY21 Particulars H1FY22 FY21 Property Plant & equipment 216 167 Equity & Liabilities Right-to-use asset 176 217 Equity share capital 281 280 Goodwill 549 549 Other equity 3,822 3,443 Capital WIP - - Sub total 4,103
Slide 15: Cashflow Generation
Cashflow Generation All Figures in INR Mn. 9M' FY22 FY 2021 Cash Generation Profit before tax 900 1,411 Cash and cash equivalents (including short-term (+/-) Non-cash & non operating Items 139 93 fixed deposits) at 1,151 Mn. Operating Profit before WC Changes 1,039 1,504 Company has invested in
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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