Slide 1: Investor Update Q2 FY25
October 23, 2024 Investor Update Q2 FY25 KPIT Technologies Ltd.
Slide 2: 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 3: Performance Overview Q2FY25
Performance Overview Q2FY25 Reimagining Mobility with YOU
Slide 4: Performance Overview: Revenue
Performance Overview 1 1 Revenue M Reported $ Revenue growth of 19.3% Y-o-Y Growth led by Middleware and Powertrain Q2FY25 CC Q2FY25 Net Profit at ₹ 2,037 M Revenue grows 2 Net Profit 44.7% (incl one-time gain) growth in profit Y-o-Y 20.1% Y-o-Y Q2FY25 Profit Q2FY25 EBITDA at 20.8% (PAT) grows 3 EBI
Slide 5: Performance Highlights
Performance Highlights Net Profit Working (₹ million) Q2FY25 Q2FY24 Q1FY25 Growth (Y-o-Y) Growth (Q-o-Q) Reported Profit 2,037 1,409 2,042 44.7% (0.2)% One-time Income 450 - 396 - - Tax on above item 157 - 69 - - Profit excluding one-time impact 1,744 1,409 1,715 23.9% 1.7% 01 Q-o-Q CC growth of 4.7
Slide 6: Additional facts - timeseries
Additional facts - timeseries Revenue $ Million Consistent Performance 173 159 165 145 149 134 124 110 87 90 94 17 Consecutive Quarters 71 73 77 77 77 65 65 70 74 77 80 84 of Steady Revenue Growth EBITDA ₹ Billion 2.7 2.9 3.1 2.4 2.6 2.2 1.9 1.4 1.7 17 Consecutive Quarters 1.2 1.2 1.3 0.9 1.0 1.0 of
Slide 7: Management Quotes
Management Quotes Kishor Patil, Co-founder, CEO and MD, KPIT said,” We are happy to have delivered yet another quarter of well-balanced growth. The Mobility Industry, specifically the Automotive sub vertical, has been under pressure to keep up with the changing regulations, reduce cost of vehicles a
Slide 8: Cash Flow – Major Movement
Cash Flow – Major Movement ₹M Decrease in Working Capital – 265 NET CASH (₹ M) Q2FY25 Q1FY25 Gross Cash 10,085 10,460 Long Term Debt NIL NIL Technica Payout – 1,321 N-Dream Payout - 215 Short Term Debt 401* 447* Dividend – 1,248 Capex – 857 NET CASH 9,684 10,013 Cash and Cash Equivalents break-up ₹M
Slide 9: New Engagements
New Engagements Strong Wins - TCV of new engagements won during Q2FY25 : $ 207 million A Leading European Car Manufacturer selected KPIT for multiple strategic engagements in the autonomous, middleware and diagnostics domains. Strategic engagements in the electric powertrain and connected domains fo
Slide 10: FY25 Outlook
FY25 Outlook Practice & Technology Additional Technology Investments in related areas. Cross – practice offerings, AI adoption, stronger Asia focus, strategic partnerships & collaborations Delivery and Operations Robust competency framework and relentless execution. Leverage CC Revenue Global Delive
Slide 11: Other Updates Q2FY25
Other Updates Q2FY25 Reimagining Mobility with YOU
Slide 12: Discussing the Future of Automotive with Bloomberg
DISCUSSING THE FUTURE OF AUTOMOTIVE WITH BLOOMBERG In a recent interview with Bloomberg Markets Asia, Kishor Patil discussed the shifting global automotive landscape. He emphasized how European OEMs are focusing on catching up in software-defined vehicles and improving the consumer experience, while
Slide 13: Leveraging AI and ER&D to Lead the Mobility Revolution
LEVERAGING AI AND ER&D TO LEAD THE MOBILITY REVOLUTION In a recent conversation with CXO News and APAC News Network, Mr. Kishor Patil highlighted KPIT's remarkable journey from IT services to becoming a global leader in automotive engineering and mobility software. Patil discussed KPIT’s role in dri
Slide 14: Conversation with Dr. Martin Green on Solar Energy Innovation
CONVERSATION WITH DR. MARTIN GREEN ON SOLAR ENERGY INNOVATION In the latest episode of KPIT STEM Dialogues, Dr. Martin Green, a pioneering figure in solar technology, shared his insights on the challenges he overcame and his groundbreaking contributions to the field. As the mind behind the technolog
Slide 15: KPIT and SIIT: Shaping the Future of Automotive Education
KPIT AND SIIT: SHAPING THE FUTURE OF AUTOMOTIVE EDUCATION IN THAILAND KPIT has partnered with Sirindhorn International Institute of Technology (SIIT) to elevate automotive education in Thailand. This collaboration includes expert-led sessions and internships designed to equip SIIT students with cutt
Slide 16: Honored with the CFO of the Year Award
HONORED WITH THE CFO OF THE YEAR AWARD Ms. Priya Hardikar, our Chief Financial Officer, received the esteemed CFO of the Year Award in the Medium Enterprises BEST SUPPLIER Segment (Services category) from Financial Express. Presented by Hon’ble Union Minister Mr. Ashwini Vaishnaw in Mumbai, this AWA
Slide 17: KPITians in Thailand Celebrate Sustainability Month
KPITIANS IN THAILAND CELEBRATE SUSTAINABILITY MONTH BY PLANTING 300 MANGROVE TREES In a commendable initiative to mark Sustainability Month, 64 KPITians KPIT MICHIGAN AND INTERNS UNITE FOR RIVERSIDE in Thailand collaborated to plant 300 mangrove trees. This effort not only contributes significantly
Slide 18: Financial & Operational Data Snapshot
Financial & Operational Data Snapshot Reimagining Mobility with YOU
Slide 19: Profit & Loss Account Snapshot
Profit & Loss Account Snapshot INR MN DETAILS Q2FY25 Q1FY25 Q2FY24 Revenue from Operations 14,714.13 13,646.30 11,991.57 Other Income 514.77 543.07 85.94 Total Income 15,228.89 14,189.37 12,077.51 Operating Expenses 11,696.59 10,764.70 9,592.23 EBITDA 3,064.11 2,881.60 2,399.34 This includes forex D
Slide 20: Balance Sheet Snapshot
Balance Sheet Snapshot INR MN ASSETS Q2FY25 Q1FY25 EQUITY & LIABILITIES Q2FY25 Q1FY25 Equity Share Capital 2,714.92 2,713.54 NON-CURRENT ASSETS Other Equity 22,288.78 21,008.53 Property, Plant & Equipment 2,401.93 2,354.23 Equity attributable to owners 25,003.70 23,722.07 Right-of-use Assets 3,245.2
Slide 21: Revenue Break-up
Revenue Break-up USD MN Verticals* Q2FY25 Q1FY25 Q2FY24 Q-o-Q Y-o-Y Passenger Cars 139.08 132.02 110.07 5.3% 26.4% Commercial Vehicles 28.65 27.86 29.06 2.8% (1.4)% * The balance revenues comefromothers,whichis not a big area as of now Business Units# Q2FY25 Q1FY25 Q2FY24 Q-o-Q Y-o-Y Feature Develop
Slide 22: P&L Metrics
P&L Metrics Q2FY25 Q1FY25 Q2FY24 Q-o-Q Y-o-Y Revenue by Contract Type Time & Material Basis 43.3% 46.5% 48.6% (2.2)% 6.3% Fixed Price Basis 56.7% 53.5% 51.4% 11.3% 31.6% Clients Strategic Client Revenue 85.5% 86.5% 84.0% 3.8% 21.4% Active Clients (Period End) 60 60 60 Revenue per Devp. Employee USD
Slide 23: Currency wise revenues, Hedging Details
Currency wise revenues, Hedging Details O/s Hedge Details Q2FY25 Currency wise Hedge Rates Q2FY25 Q1FY25 Q2FY24 revenue USD/INR 84.65 USD 27.8% 28.7% 31.1% EUR/INR 93.50 EUR 41.8% 45.5% 44.8% GBP/INR 108.70 GBP 6.2% 5.2% 7.1% JPY/INR 0.58 JPY 18.7% 15.7% 11.4% Hedge Amounts(Mn) INR 3.6% 3.0% 3.8% US
Slide 24: Headcount Data
Headcount Data Period End Headcount Q2FY25 Q1FY25 Q2FY24 Q-o-Q Y-o-Y Development 12,248 12,186* 11,219 - - Enabling & Sales 839 815 752 - - Total 13,087 13,001* 11,971 - - *252 resources were transferred from KPIT to Qorix during the quarter. The Q1FY25 number of employees is reduced by an equivalen
Slide 25: Contact Us
Contact Us Reimagining Mobility with YOU
Slide 26: Conference Call Details
Conference Call Details Conference name : KPIT Technologies Q2 FY2025 Post Earnings Conference Call Date : Wednesday October 23, 2024 Time : 1730 Hrs. Participants : Mr. Kishor Patil, Co-founder, CEO & MD Mr. Sachin Tikekar, President, Joint MD Mr. Anup Sable, CTO Mrs. Priyamvada Hardikar, CFO Mr. C
Slide 27: Contact: 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 27
Slide 28: Contact: 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 28
Slide 29: Thank You
THANK YOU !! KPIT Technologies Ltd.