Slide 1: Investor Presentation Q2 2024-25
Investor Presentation Q2 2024-25 www.sasken.com | © Sasken Technologies Ltd. 1
Slide 2: Safe Harbor Clause
Safe Harbor Clause Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements due to risks or uncertain
Slide 3: Sasken at a glance
Sasken at a glance Product Engineering Digital Transformation Semiconductor Communication Automotive & SatCom Enterprise Industrials Transportation & Devices Off-Highway Grade Devices ASIC Design Services 35+ Years 200+ unique products are shipped 1700+ Cyber Security leadership in Engineering R&D E
Slide 4: 60x4x3: Our strategy to accelerate growth
60x4x3: Our strategy to accelerate growth 60 Marquee Accounts x at least $4M Anchor culture of execution, accountability & empowerment per account Reinforce World-Class, Tech-First, and Intellectual Integrity x Empower regional teams for culture sensitive local decision-making in 3 Unwavering commit
Slide 5: Our Commitment To Society (ESG)
Our Commitment To Society (ESG) ENVIRONMENTAL SOCIAL CORPORATE GOVERNANCE GOVERNANCE GOVERNANCE • Environmental Goals • Social Goals • Governance Goal • Water Impact • Diversity & Inclusion • Sustainability Governance • Energy Management • Human Rights • Sustainability Governance Strategy • Greenhou
Slide 6: Snapshot of our FY24 ESG achievements
Snapshot of our FY24 ESG achievements 62% 85% 100% 4,500 72% 20 reduction in power of all light kilo litres of of water kgs/per GHG emissions replenished by fittings in waste-water requirements person/annum ENVIRONMENT versus sustainable LED recycled met from waste reduction 2018/19 energy ground/ra
Slide 7: Q2 FY25 performance highlights
Q2 FY25 performance highlights www.sasken.com | © Sasken Technologies Ltd. 7
Slide 8: Message from the management
Message from the management “ Q2 FY25 has been another good quarter for Sasken, with sales growth both on a quarter-on-quarter and year-on-year basis. Our 60x4x3 account mining strategy continues to deliver results, reflected in higher utilization rates, an improved customer profile, and a growing n
Slide 9: Financial and operational summary
Financial and operational summary As in the previous quarter, our strategic investments continue to yield results in this quarter too ₹1,350 M 3.4% 0.7% 9.1% ₹7.98 Revenue (9.5% QoQ) EBITDA EBIT PAT EPS (33.6% QoQ) Increasing sales momentum Growing utilization Improving employee metrics Consolidat
Slide 10: Key business updates
Key business updates Major order wins Technology growth levers People and processes • IP ownership project with a global • Investment in “QNX on AWS • Second time Avtar Seramount Award semiconductor design and Graviton”: enables OEMs & Tier-1s for Best Companies For Women in IT manufacturer to accel
Slide 11: Financial performance snapshot (quarterly)
Financial performance snapshot (quarterly) Consolidated Revenues ($ M) Consolidated Revenues (₹ M) 1,350 1,234 16 1,025 15 12 Q2 FY25 Q1 FY25 Q2 FY24 Q2 FY25 Q1 FY25 Q2 FY24 QoQ Growth: 9.7% ; YoY Growth: 29.6% QoQ Growth: 9.5% ; YoY Growth: 31.7% Consolidated EBIT (₹ M) Consolidated PAT (₹ M) 0.7%
Slide 12: Financial performance snapshot (half yearly)
Financial performance snapshot (half yearly) Consolidated Revenues ($ M) Consolidated Revenues (₹ M) 2,584 31 25 2,010 H1 FY25 H1 FY24 H1 FY25 H1 FY24 YoY Growth: 25.5% YoY Growth: 28.6% Consolidated EBIT (₹ M) Consolidated PAT (₹ M) 1.2% 10.1% 11.6% 21.8% 202 438 300 31 22.4% 25.6% H1 FY25 H1 FY24
Slide 13: Customer profile
Customer profile Number of active customers Customer break-up by LTM sales Top 10 customer concentration 66 66 < $1 M $1M - $4M $4M+ 62 1 1 62% 2 56% 16 16 54% 12 49 49 48 Q2 FY25 Q1 FY25 Q2 FY24 Q2 FY25 Q1 FY25 Q2 FY24 Q2 FY25 Q1 FY25 Q2 FY24 • Number of active customers has increased over the last
Slide 14: Order booking status
Order booking status Total Contract Value in $M 28.7 29.2 11.2 13.9 11.5 11.5 1.6 4.3 18.0 14.8 9.9 7.2 Q2 FY25 Q1 FY25 Q4 FY24 Q3 FY24 New Renewals Out of the total contract value of $11.5M in Q2 FY25, the annual contract value is $8.5M www.sasken.com | © Sasken Technologies Ltd. 14
Slide 15: Q2 FY25 news and achievements
Q2 FY25 news and achievements www.sasken.com | © Sasken Technologies Ltd. 15
Slide 16: Awards & recognitions
Awards & recognitions AVTAR & SERAMOUNT PMI South Asia Chapter 2024 Awards iNFHRA 9th Edition of the Power of Poshan BCWI 24 Runner-up position in the Workplace Excellence "Community" category Awards 2024-2025 Silver Award for Leaders of the Year 24-25 - ESG www.sasken.com | © Sasken Technologies Lt
Slide 17: Ranked as leader in categories of eR&D Zinnov Zones 2024 report
Ranked as leader in 5 categories of eR&D Zinnov Zones 2024 report Category leader 1. Small & Medium Service Providers1 2. Digital Engineering Services2 3. Automotive1 4. Semiconductor 5. Data & AI Engineering Services Notes 1. Overall ranking 2. Ranking for Small and Medium Service Providers www.sas
Slide 18: Partnership with Trustronic
Partnership with Trustronic • Trustonic embeds world-leading, trusted cybersecurity technology into smart devices and connected vehicles • Trustonic’s secure platform is deployed to over 2B smart devices and 20M vehicles, with zero safety violations • The partnership combines Trustonic's proven secu
Slide 19: Share price performance
Share price performance 2,000.00 1,800.00 51% 1,600.00 1,400.00 1,200.00 1,000.00 800.00 Oct-23 Nov-23 Dec-23 Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 Jul-24 Aug-24 Sep-24 Oct-24 www.sasken.com | © Sasken Technologies Ltd. 19
Slide 20: Dividend announcement
Dividend announcement ₹ 12 The Board has approved an interim dividend of ₹ 12 per equity share Record Date for the dividend is 5th Nov 24 and it will be paid on or before 24th Nov 24 www.sasken.com | © Sasken Technologies Ltd. 20
Slide 21: Q2 FY25 financial details and key metrics
Q2 FY25 financial details and key metrics www.sasken.com | © Sasken Technologies Ltd. 21
Slide 22: Income statement summary – consolidated (quarterly)
Income statement summary – consolidated (quarterly) (₹ M) Growth over Particulars Q2 FY25 % Q1 FY25 % Q2 FY24 % Q1 FY25 Q2 FY24 Revenues 1,350.29 100.0% 1,233.58 100.0% 1,025.12 100.0% 9.5% 31.7% Cost of Revenue 939.21 69.5% 856.39 69.4% 633.18 61.8% -9.7% -48.3% Gross Profit 411.08 30.5% 377.19 30.
Slide 23: Income statement summary – consolidated nature wise (quarterly)
Income statement summary – consolidated nature wise (quarterly) (₹ M) Growth over Particulars Q2 FY25 % Q1 FY25 % Q2 FY24 % Q1 FY25 Q2 FY24 Revenue from Operations 1,350.29 100.0% 1,233.58 100.0% 1,025.12 100.0% 9.5% 31.7% Other Income 192.10 14.2% 174.45 14.1% 103.33 10.1% 10.1% 85.9% Total Revenue
Slide 24: Income statement summary – consolidated (half yearly)
Income statement summary – consolidated (half yearly) (₹ M) Growth over Particulars H1 FY 25 % H1 FY 24 % H1 FY 24 Revenues 2,583.87 100.0% 2,010.01 100.0% 28.6% Cost of Revenue 1,795.61 69.5% 1,267.87 63.0% -41.6% Gross Profit 788.26 30.5% 742.14 37.0% 6.2% SG&A 690.87 26.7% 503.43 25.0% -37.2% EBI
Slide 25: Income statement summary – consolidated nature wise (half yearly)
Income statement summary – consolidated nature wise (half yearly) (₹ M) Growth over Particulars H1 FY 25 % H1 FY 24 % H1 FY 24 Revenue from Operations 2,583.87 100.0% 2,010.01 100.0% 28.6% Other Income 366.55 14.2% 318.38 15.8% 15.1% Total Revenue 2,950.42 114.2% 2,328.39 115.8% 26.7% Employee benef
Slide 26: Balance sheet summary - consolidated (1 of 2)
Balance sheet summary - consolidated (1 of 2) (₹ M) Particulars Sept 30, 2024 % March 31, 2024 % ASSETS Non-current assets Property, plant and equipment( incl CWIP) 348.95 3.6% 327.53 3.5% Right to use assets 273.45 2.8% 77.22 0.8% Intangible assets 72.38 0.8% 78.71 0.9% Goodwill 100.47 1.0% 100.47
Slide 27: Balance sheet summary - consolidated (2 of 2)
Balance sheet summary - consolidated (2 of 2) (₹ M) Particulars Sept 30, 2024 % March 31, 2024 % EQUITY AND LIABILITIES Equity share capital 151.06 1.6% 150.78 1.6% Other equity 7,714.51 80.1% 7,537.46 81.4% Total Equity 7,865.57 81.7% 7,688.24 83.0% Non-controlling interests 152.31 1.6% 154.57 1.7%
Slide 28: Key metrics (1 of 2)
Key metrics (1 of 2) Customer Metrics Q2 FY 25 Q1 FY 25 Q2 FY 24 Revenue by geography - Consolidated (In %) North America 37.0% 42.0% 43.0% EMEA 27.0% 28.0% 27.0% India 26.0% 23.0% 23.0% APAC 10.0% 7.0% 7.0% Client Concentration (In %) Top 5 client contribution to revenues 33.0% 35.0% 41.0% Top 10 c
Slide 29: Key metrics (2 of 2)
Key metrics (2 of 2) Employee Metrics Q2 FY 25 Q1 FY 25 Q2 FY 24 Total Employees (Consolidated) 1,707 1,622 1,381 Engineering 1,477 1,407 1,183 Corporate 230 215 198 Hiring Metrics Gross Adds 158 147 57 Net Adds 85 45 -29 Attrition Attrition % Annualized (Based on Voluntary attrition only) 9.8% 9.3%
Slide 30: Thank You!
Thank You! www.sasken.com | © Sasken Technologies Ltd. 30