Ags Transact Technologies Ltd. · NSE:AGSTRA
Ags Transact Technologies — Q1 FY2025 Earnings Presentation
31 slides from Ags Transact Technologies's earnings presentation, Jul 25, 2024
Slide 1: Regulation 30 intimation to stock exchanges
Date: July 25, 2024 To, To, BSE Limited, National Stock Exchange of India Limited, Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Fort, Bandra Kurla Complex, Bandra (East), Mumbai – 400001 Mumbai - 400051 BSE Scrip Code: 543451 NSE Scrip Symbol: AGSTRA Sub: Intimation under Regulation 30 o
Slide 2: Investor Presentation July 2024
Investor Presentation July 2024
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by AGS Transact Technologies Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for
Slide 4: Q1FY25 Performance
Q1FY25 Performance Transact Technologies Ltd.
Slide 5: Management Commentary
Management Commentary “Q1FY25 has been a promising quarter for AGS Transact Technologies, with a topline of INR 3,516 Mn, reported EBITDA of INR 1,053 Mn and EBITDA margins at 29.9% and PAT of INR 138 Mn. We remain optimistic about our journey and are committed to maintain this growth trajectory. Th
Slide 6: Strategic Initiatives Undertaken
Strategic Initiatives Undertaken Cash Management Digital Payment Solutions ATM Outsourcing Banking Automation Solutions Solutions Revenue*: Rs. 1,033 Mn Revenue*: Rs. 653 Mn Revenue*: Rs. 1,813 Mn Revenue*: Rs. 416 Mn • Working on route • Digital business – leveraging its PPI license and optimizatio
Slide 7: Strategic Growth Outlook
Strategic Growth Outlook Digital Payment Solutions ATM Outsourcing and Cash Management • Enhanced Integrated Technology • Pivot from Payments-as-a-service to • Increase the penetration of CRMs Payments Platform Payments-as-a-convenience through • Strengthen the ATMs / CRMs outsourced • Established t
Slide 8: Healthy financial performance in Q1FY25
Performance Highlights – Q1FY25 Total Income EBITDA ₹ Mn 27.1% 26.2% 29.9% 3,794 1,053 3,568 3,516 1,030 934 Healthy financial Q1FY24 Q4FY24 Q1FY25 Q1FY24* Q4FY24* Q1FY25# performance in PBT (9.1%) 5.8% PAT Q1FY25 0.3% 0.2% (1.2%) 3.9% 138 204 10 Q4FY24 6 Q4FY24 Q1FY24 Q1FY25 Q1FY24 Q1FY25 -44 -324
Slide 9: Consolidated Statement of Profit and Loss
Consolidated Statement of Profit and Loss (In ₹mn) Q1FY25 Q1FY24 YoY Q4FY24 QoQ FY24 Revenue from operations 3,398 3,712 3,492 14,706 Other income 118 82 76 381 Total income 3,516 3,794 -7% 3,568 -1% 15,088 Expenses COGS 288 240 248 1,164 Employee benefit expenses 536 564 466 2,130 Other expenses 1,
Slide 10: Adjusted EBITDA and PBT Bridge
Adjusted EBITDA and PBT Bridge (In ₹mn) Q1FY25 Q1FY24 Q4FY24 FY24 Reported EBITDA 1,053 914 568 2,356 Add: ESOP Expenses 0 5 2 23 Add: Non-recurring items Loss allowance on trade receivables - - 365 1,161 Forex loss due to devaluation of currency of Sri Lanka - - - - Commitment Payment - 110 - 275 A
Slide 11: Company Overview
Company Overview – Divider Slide Company Overview 10
Slide 12: Company Snapshot
Company Snapshot Major Business Segments: 1) Payment Solutions Equipment provision, Prepaid Cards, Ongo Cash management, Cash management, ecosystem, switching DCV services, doorstep Monitoring & Incident transactions, AFC & Toll banking, maintenance, management and solutions cash processing and Seco
Slide 13: Business Overview
Business Overview Omni-channel Ongo & Fastlane In-house Tech Track record Leadership One of the largest Dedicated in-house Established track Leader in Indian ATM Built digital payment Business integrated omni- solutions - Ongo & infrastructure & record of delivering Industry; 2nd largest ATM servici
Slide 14: Integrated Omni-Channel Payment Solutions Provider
Integrated Omni-Channel Payment Solutions Provider Preferred partner for cash and digital payment solutions 1 ATM & CRM Outsourcing / Management 33,551 ATMs, including 7,317 Cash Payment Sr. % of sales Revenue Mix CRMs Solutions No. Q1FY25 6 Other Automation 2 1. Payment Solutions 87 Solutions Cash
Slide 15: Omni-Channel, End-to-end Digital Payments Platform
Omni-Channel, End-to-end Digital Payments Platform Merchant Analytics application Loans Against Cash @ POS Vehicle Card Receivables / Micro-ATM 1. Vast network of POS to cross- Insurance At the Forecourt In the Sales Office sell VAS to merchants, with focus on OMC 2. Expansive Ongo ecosystem providi
Slide 16: Omni-Channel, End-to-end Cash Payments Solutions
Omni-Channel, End-to-end Cash Payments Solutions Managed Services (MSP) Independent Deployment (IAD) 1 2 3 4 5 6 7 8 9 10 Procurement, Daily Operations Cash Monitoring, Incident Second Line MIS, Dashboards & Profitability Switching/ Asset Site Selection Installation Management Management Management
Slide 17: Operational Metrics
Operational Metrics Number of PoS Terminals GTV through POS ₹ Mn 2,48,834 2,47,623 2,52,497 2,48,585 2,200+ 2,36,588 2,91,711 2,17,880 2,07,335 2,05,718 1,71,809 Cities 1,42,751 35 41,704 Office Locations FY20 FY21 FY22 FY23 FY24 Q1FY25 FY20 FY21 FY22 FY23 FY24 Q1FY25 75+ Banking Partners Breakdown
Slide 18: Industry Overview
Annexures – Divider Slide Industry Overview 17
Slide 19: Key Highlights During the Year
Key Highlights During the Year Key Initiatives by the Government Key Initiatives by the Government Highlights Highlightsof ofthe thecompany company • Initiation of an equity fund raise of INR 2,000 Mn through preferential allotment to help • Enabling UPI for Cash Deposit Facility the company to achi
Slide 20: Fast Growing Digital Payments Industry
Fast Growing Digital Payments Industry Digital Payments growth momentum expected to continue Digital Payment Industry Transaction Volume of Cards (in Bn) Payments industry expected to be $106 Tn inflows Transaction Volume of PPIs (in Bn) and $50Bn in revenue terms in 2030 106.2 Debit Card Credit Car
Slide 21: Strong Growth in the Cash Payments Industry
Strong Growth in the Cash Payments Industry Despite growth of cashless transactions, people in India rely heavily on cash transactions Cash Payments Industry • Cash Transactions account for 89% of all transactions (FY22) Cash in circulation as a % of GDP* Cash withdrawal from ATMs back to PreCovid l
Slide 22: Historical Financials
Annexures – Divider Slide Historical Financials 21
Slide 23: Financial Metrics
Financial Metrics ₹ Mn Total Total Income Income Adjusted EBITDAEBITDA & EBITDA & EBITDA MarginMargin Adjusted Profit Before Tax & Margin 27.3% 26.7% 26.7% 28.7% 25.3% 6.8% 4.7% 4.8% 6.8% 1.4% 17,972 17,973 18,335 17,075 1,246 5,005 1,163 4,907 4,796 15,088 4,790 3,815 869 853 206 FY20 FY21 FY22 FY2
Slide 24: Segmental Performance
Segmental Performance ₹ Mn ₹ Mn Cash Payment Solution Revenues Digital Payment Solution Revenues Revenue from operations Breakdown FY2018-19 10,576 11,208 2,800 2,968 Other Automation 11,298 11,366 10,816 9,817 2,675 2,486 15.60% 2,140 1,570 13.60% Banking Automation 70.80% FY19 FY20 FY21 FY22 FY23
Slide 25: Consolidated Statement of Profit and Loss
Consolidated Statement of Profit and Loss (In ₹mn) FY24 FY23 FY22 FY21 Revenue from operations 14,706 16,713 17,719 17,589 Other income 381 362 254 382 Total income 15,088 17,075 17,973 17,972 Expenses COGS 1,164 1,782 2,281 2,630 Employee benefit expenses 2,130 2,328 2,547 2,749 Other expenses 7,97
Slide 26: Annexures
Annexures – Divider Slide Annexures 25
Slide 27: Business Lines – Banking Automation & Other Automation
Business Lines – Banking Automation & Other Automation Banking Automation Solutions Other Automation Solutions • Cash Dispensers: Enable customers to access their bank accounts to • Cash Billing Terminals: Offers cash billing terminals and solutions to make cash withdrawals (or credit card cash adva
Slide 28: Board of Directors and Senior Management Team
Board of Directors and Senior Management Team • One of the Promoters of the Company Ravi B. Goyal • Responsible for the management of the overall operations of our Company and our Subsidiaries (Chairman & • Prior to establishing AGS, founded Advanced Graphic Systems, a proprietary concern, to market
Slide 29: Journey / Key Milestones
Journey / Key Milestones Incorporated AGS Transact • Started manufacturing of • Entered into a • Introduced currency Technologies Limited paint dispensers at cooperation agreement technology solution under Daman with Diebold Nixdorf for the brand ‘Genuine’ 2002 2004 • Established relationship 2009 b
Slide 30: AGS Transact Technologies - Corporate Structure
AGS Transact Technologies - Corporate Structure Promoters and 65.52% AGS Transact Technologies Promoter Group Ltd. 100% 100% 100% Global Transact Services Pte. Ltd 90% Novus Technologies Pte. Ltd. India Transact Securevalue India Ltd. (Cash and Digital Payment Services Ltd. (Cash Management) Solutio
Slide 31: THANK YOU
THANK YOU AGS Transact Technologies Limited CIN: L72200MH2002PLC138213 Ms. Sneha Kadam Company Secretary & Compliance Officer Email id: companysecretary@agsindia.com Tel No: 022 - 71818181 Strategic Growth Advisors Pvt Ltd. CIN: U74140MH2010PTC204285 Shikha Puri / Riddhish Bhayani Email id: shikha.p
AGS Transact Technologies — Q1 FY2025 Earnings Presentation on 6ix