Slide 1: Exchange filing cover letter: Investor Update Q1 FY2025
July 24, 2024 BSE Limited National Stock Exchange of India Ltd., Phiroze Jeejeebhoy Towers, Exchange Plaza, C/1, G Block, Dalal Street, Bandra - Kurla Complex, Bandra (E), Mumbai - 400001. Mumbai – 400051. Scrip ID: KPITTECH Symbol: KPITTECH Scrip Code: 542651 Series: EQ Kind Attn: The Manager, Kind
Slide 2: Investor Update Q1FY25
Reimagining Mobility with YOU July 24, 2024 Investor Update Q1FY25 KPIT Technologies Ltd.
Slide 3: Forward Looking Statements
Forward Looking Statements Some of the statements in this update that are not historical facts, are forward-looking statements. These forward-looking statements include our financial and growth projections, as well as statements concerning our plans, strategies, intentions and beliefs concerning our
Slide 4: Performance Overview
Performance Overview Q1FY25 Reimagining Mobility with YOU
Slide 5: Performance Overview
Performance Overview 1 1 Revenue M Reported $ Revenue growth of 23.1% Y-o-Y Growth led by Middleware, Powertrain and Asia Q1FY25 CC Q1FY25 Net Profit at ₹ 2,042 M Revenue grows 2 Net Profit 52.4% (incl one-time gain) growth in profit Y-o-Y 24.8% Y-o-Y Q1FY25 Profit Q1FY25 EBITDA at 21.1% (PAT) grows
Slide 6: Performance Highlights
Performance Highlights Net Profit Working (₹ million) Q1FY25 Q1FY24 Q4FY24 Growth (Y-o-Y) Growth (Q-o-Q) Reported Profit 2,042 1,340 1,643 52.4% 24.3% One-time Income 396 134 - - - Tax on above item 69 - - - - Profit excluding one-time impact 1,715 1,206 1,643 42.2% 4.4% 01 Q-o-Q CC growth of 4.7% a
Slide 7: Additional facts - timeseries
Additional facts - timeseries Revenue $ Million Consistent Performance 159 165 145 149 134 124 110 84 87 90 94 16 Consecutive Quarters 77 77 77 77 80 71 73 65 65 70 74 of Steady Revenue Growth EBITDA ₹ Billion 2.7 2.9 2.4 2.6 2.2 1.9 1.4 1.7 16 Consecutive Quarters 1.2 1.2 1.3 0.9 1.0 1.0 of Steady
Slide 8: Management Quotes
Management Quotes Kishor Patil, Co-founder, CEO and MD, KPIT said,” We have started the year on a positive note with an all-round robust performance. While the mobility industry is going through certain pressures on the demand and profitability fronts, we are proactively investing in creating releva
Slide 9: Cash Flow – Major Movement
Cash Flow – Major Movement ₹M Decrease in Working Capital – 606 NET CASH (₹ M) Q1FY25 Q4FY24 Gross Cash 10,460 8,959 Long Term Debt NIL NIL PathPartner Payout – 721 Short Term Debt 447* 445* Capex – 655 NET CASH 10,013 8,514 Cash and Cash Equivalents break-up ₹M In Investment Accounts (in India) 1,4
Slide 10: New Engagements
New Engagements Strong Wins - TCV of new engagements won during Q1FY25 : $ 202 million A Leading European Car Manufacturer selected KPIT for a significant engagement in the connected vehicle domain. Strategic engagements in the autonomous, connected and powertrain domains for a leading European Car
Slide 11: Qorix Update
Qorix Update KPIT and ZF have completed initial Qorix joins Eclipse Foundation Qorix turning a 50:50 venture from Cash and IP contributions to Qorix SDV Group to shape Automotive a wholly owned KPIT company post all regulatory approvals Software resulted in one-time gain in Q1FY25 Following completi
Slide 12: Other Updates
Other Updates Q1FY25 Reimagining Mobility with YOU
Slide 13: Launch of EcoVoyage 2030
Launch of EcoVoyage 2030 KPIT embarked on a significant journey towards sustainability with the launch of EcoVoyage 2030. This strategic commitment underscores KPIT's Vision of "Reimagining Mobility for a cleaner, smarter, and safer world" by integrating sustainable practices into our business opera
Slide 14: KPIT leaders featured on popular media outlets
KPIT leaders featured on popular media outlets In an interview with Forbes India, Mr. Ravi Pandit A recent Automobil Elektronik cover story featured both Mr. and Mr. Kishor Patil shared the inspiring story Kishor Patil, Co-founder, CEO & Managing Director of KPIT, and behind KPIT's transformation. T
Slide 15: Recognitions
Recognitions KPIT received a well-deserved nomination for the prestigious Global Diversity, Equity, and Inclusion KPIT achieved a significant accomplishment by (DEI) Champion of the Year award from the securing a coveted spot in Automobilwoche's WardsAuto AutoTech Awards. This recognition is a ranki
Slide 16: Financial & Operational Data Snapshot
Financial & Operational Data Snapshot Reimagining Mobility with YOU
Slide 17: Profit & Loss Account Snapshot
Profit & Loss Account Snapshot INR MN DETAILS Q1FY25 Q4FY24 Q1FY24 Revenue from Operations 13,646.30 13,178.00 10,976.22 Other Income 543.07 158.95 78.16 Gain on account of Business Combinations - - 134.13 Total Income 14,189.37 13,336.95 11,188.51 Operating Expenses 10,764.70 10,449.26 8,837.42 EBI
Slide 18: Balance Sheet Snapshot
Balance Sheet Snapshot INR MN ASSETS Q1FY25 Q4FY24 EQUITY & LIABILITIES Q1FY25 Q4FY24 NON-CURRENT ASSETS Equity Share Capital 2,713.54 2,712.17 Other Equity 21,008.53 18,746.41 Property, Plant & Equipment 2,354.23 2,395.27 Equity attributable to owners 23,722.07 21,458.58 Right-of-use Assets 3,173.8
Slide 19: Revenue Break-up
Revenue Break-up USD MN Verticals* Q1FY25 Q4FY24 Q1FY24 Q-o-Q Y-o-Y Passenger Cars 132.02 125.55 100.53 5.2% 31.3% Commercial Vehicles 27.86 27.76 28.78 0.4% (3.2)% * The balance revenues comefromothers,whichis not a big area as of now Business Units# Q1FY25 Q4FY24 Q1FY24 Q-o-Q Y-o-Y Feature Develop
Slide 20: P&L Metrics
P&L Metrics Q1FY25 Q4FY24 Q1FY24 Q-o-Q Y-o-Y Revenue by Contract Type Time & Material Basis 46.5% 49.2% 55.0% (2.0)% 4.1% Fixed Price Basis 53.5% 50.8% 45.0% 9.2% 46.3% Clients Strategic Client Revenue 86.5% 86.4% 82.6% 3.8% 28.9% Active Clients (Period End) 60 60 60 Revenue per Devp. Employee USD 5
Slide 21: Currency wise revenues, Hedging Details
Currency wise revenues, Hedging Details O/s Hedge Details Q1FY25 Currency wise Hedge Rates Q1FY25 Q4FY24 Q1FY24 revenue USD/INR 84.26 USD 28.7% 30.7% 34.0% EUR/INR 92.51 EUR 45.5% 45.6% 44.5% GBP/INR 106.16 GBP 5.2% 5.7% 6.0% JPY/INR 0.57 JPY 15.7% 12.4% 10.5% Hedge Amounts(Mn) INR 3.0% 3.5% 3.5% US
Slide 22: Headcount Data
Headcount Data Period End Headcount Q1FY25 Q4FY24 Q1FY24 Q-o-Q Y-o-Y Development 12,438 12,064 10,837 - - Enabling & Sales 815 792 734 - - Total 13,253 12,856 11,571 - - 7/24/2024 21
Slide 23: Contact Us
Contact Us Reimagining Mobility with YOU
Slide 24: Conference Call Details
Conference Call Details Conference name : KPIT Technologies Q1 FY2025 Post Earnings Conference Call Date : Wednesday July 24, 2024 Time : 1730 Hrs. Participants : Mr. Kishor Patil, Co-founder, CEO & MD Mr. Sachin Tikekar, President, Joint MD Mr. Anup Sable, CTO Mrs. Priya Hardikar, CFO Mr. Chinmay P
Slide 25: Contact: For Investor Queries
Contact For Investor Queries Email Sunil.Phansalkar@kpit.com Desk Phone + 91 20 6770 6997 Cell + 91 98509 66011 Website www.kpit.com Sunil Phansalkar 24
Slide 26: Contact: For Media Queries
Contact For Media Queries Email Sunil.R@kpit.com Desk Phone + 91 80 6606 6000 (7865) Cell + 91 99001 50180 Website www.kpit.com Sunil B R 25
Slide 27: THANK YOU !!
THANK YOU !! KPIT Technologies Ltd.