Slide 1: Sasken Group Financial Results for Q3 FY07
Sasken Group Financial Results for Q3 FY07 January 24, 2007 Sasken Confidential © 2007 Sasken Communication Technologies
Slide 2: Disclaimer
Disclaimer 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 uncertainties ass
Slide 3: Performance Snapshot – Q3 FY07 - Sasken Group
Performance Snapshot – Q3 FY07 - Sasken Group Consolidated Revenues ( Rs. Million) Services – Products Revenue Mix ( Rs. Million) 1400 1400 1175.45 1200 1,268.63 1200 1310.18 1,112.90 1000 1000 759.40 800 737.88 800 600 600 400 400 200 200 21.52 62.55 41.55 0 0 Q3 FY06 Q2 FY07 Q3 FY07 Q3 FY06 Q2 FY0
Slide 4: Performance Snapshot – nine months ended Dec 31, 2006
Performance Snapshot – nine months ended Dec 31, 2006 Sasken Group Consolidated Revenues ( Rs. Million) Services – Products Revenue Mix ( Rs. Million) 4000 3500.00 3396.86 3,256.79 3500 3000.00 3000 2500.00 2300.76 2,069.87 2500 2000.00 2000 1500.00 1500 1000.00 1000 500.00 230.9 140.07 500 0.00 0 Y
Slide 5: Consolidated Results – Q3 FY07
Consolidated Results – Q3 FY07 Sasken Confidential © 2007 Sasken Communication Technologies
Slide 6: Income Statement Summary (Consolidated)
Income Statement Summary (Consolidated) Rs. Million Q3 FY07 % Q2 FY07 % Q3 FY06 % Growth over Q2 FY07 Q3 FY06 (QoQ) (YoY) Revenues 1,310.18 100.0 1,175.45 100.0 759.40 100.0 11% 73% Cost of Revenue 826.75 63.1 708.56 60.3 460.25 60.6 17% 80% R&D1 50.30 3.8 42.11 3.6 26.00 3.4 19% 93% Gross Profit 43
Slide 7: Segmental Results (Consolidated)
Rs. Million Segmental Results (Consolidated) Q3 FY07 Q2 FY07 Q3 FY06 Growth over Q2 FY07 Q3 FY06 (QoQ) (YoY) Revenues 1,310.18 1,175.45 759.40 11% 73% Software Services 1,268.63 1,112.90 737.88 14% 72% Products 41.55 62.55 21.52 -34% 93% EBITDA 194.02 220.15 120.90 -12% 60% Software Services 290.22
Slide 8: Balance Sheet Summary (Consolidated)
Balance Sheet Summary (Consolidated) Rs. Million Dec 31, 2006 % Sep 30, 2006 % Liabilities Share capital 282.18 5.6 283.98 5.6 ESOP Outstanding 13.54 0.3 5.86 0.1 Reserves & Surplus 3,847.32 76.3 3,698.89 73.6 Deferred Tax Liability 3.98 0.1 4.0 0.1 Borrowing 895.73 17.8 1,034.79 20.4 Total Liabilit
Slide 9: Services Business
Services Business Sasken Confidential © 2007 Sasken Communication Technologies
Slide 10: Revenue and EBITDA trends: Services (Consolidated)
Revenue and EBITDA trends: Services (Consolidated) Rev CAGR : 58% over 2 Years Rev CQGR : 12% over 10 Qtrs (K$) 30,000 28,210 28,000 26,000 24,076 24,000 22,000 20,000 19,122 18,000 16,267 16,301 16,620 16,000 14,758 14,366 14,000 11,363 11,267 12,000 9,040 10,000 8,000 6,457 5,726 6,000 4,548 4,055
Slide 11: Services Metrics
Services Metrics Services Revenue Mix - Delivery 6% 7% 5% 17% 23% 34% Q3 FY06 Q2 FY07 Q3 FY07 61% 70% 77% T & M Offshore T & M Onsite Fixed Price Revenues from Botnia Hightech, Finland are treated as onsite revenues from Q2 FY07 100% Services Utilization Services EBITDA % 90% 29.0% 74.3% 74.4% 73.6%
Slide 12: Number of Tier 1 customers
Relationships with Tier 1 Customers - Cumulative 20 18 19 18 16 Number of Tier 1 customers 14 12 10 8 6 4 5 5 5 5 2 2 3 1 1 0 All >$1M >$3M >$10M >$20M Q2 FY 07 Q3 FY 07 Cumulated based on trailing 12 months Services revenues in USD Sasken Confidential © 2007 Sasken Communication Technologies 12
Slide 13: Products Business
Products Business Sasken Confidential © 2007 Sasken Communication Technologies
Slide 14: Products - Milestone Targets and Status
Products - Milestone Targets and Status Milestones 2.5G 2.5G 3G 3G ‘E-Series’ ‘M-Series’ ‘M-Series’ ‘S-Series’ No of Platform Design-Ins as of date Expected 4Æ5 2 4 Q4 FY07 No of Phone Models Launched None None None 2Æ3 (Design-Wins) as of date No of Phone Models (Design-Wins) • First • First • Glob
Slide 15: Revenue Mix - Products
Revenue Mix - Products Q3 FY06 Q2 FY07 Q3 FY07 3% 18% 20% 31% 16% 3% 66% 66% 77% Customization Licensing Royalty Sasken Confidential © 2007 Sasken Communication Technologies 15
Slide 16: Corporate Metrics
Corporate Metrics Sasken Confidential © 2007 Sasken Communication Technologies
Slide 17: Human Resources Metrics
Human Resources Metrics 4000 3,373 3,512 3500 3000 2,504 2500 2000 1500 1000 675 476 350 500 188 38 139 0 Q3 FY06 Q2 FY07 Q3 FY07 Total Employees Gross Adds Net Adds Voluntary Attrition % - 21.3%in Q3 FY07 vs 23.2% in Q2 FY07 and 20.9% in Q3 FY06 Sasken Confidential © 2007 Sasken Communication Techn
Slide 18: Geography Wise Revenue
Geography Wise Revenue Q3 FY06 Q2 FY07 Q3 FY07 3% 6% 6% 25% 22% 32% 20% 37% 24% 38% 38% 49% North America Europe India APAC Sasken Confidential © 2007 Sasken Communication Technologies 18
Slide 19: Customer Concentration
Customer Concentration 90 % 86.0 86.6 88.9 87 84 80.6 81 77.3 78 75.7 75 72 Q3 FY06 Q2 FY07 Q3 FY07 Top 5 Top 10 Sasken Confidential © 2007 Sasken Communication Technologies 19
Slide 20: Thank You
Thank You Sasken Confidential © 2007 Sasken Communication Technologies