Newgen Software Technologies Limited · NSE:NEWGEN
Newgen Software Technologies — Q3 FY2023 Earnings Presentation
36 slides from Newgen Software Technologies's earnings presentation, Jan 18, 2023
Slide 1: Exchange cover letter: Investor Presentation and Press Release
r?!J newgen Newgen Software Technologies Limited CIN : L72200DL 1992PLC049074, Registered Office: E-44/13, Okhla Phase II, New Delhi 110020, India Tel: +9111 46533200, 26384060, 26384146 Fax:+9111 26383963 Date: 17th January 2023 BSE Limited National Stock Exchange oflndia Limited Phiroze Jeejeebhoy
Slide 2: Newgen Software Technologies Ltd. Q3 FY'23 Investor Presentation
~ newgen Newgen Software Technologies Ltd. Q3 FY’23 Investor Presentation UNLOCK SIMPLE Copyright 2022, Newgen Software
Slide 3: About Newgen
ns } About Newgen ~~
Slide 4: Newgen: Enterprise-wide unified digital transformation platform provider
~ newgen •• Newgen: Enterprise-wide unified digital transformation platform provider Digitize Process & Adapt Communicate Data Science Omnichannel Contextual Content Low Code Process Customer Automation (BPM) Artificial Services (ECM) Engagement (CCM) Intelligence/ OmniDocs iBPS OmniOMS Machine Lear
Slide 5: Business Applications Range in Complexity of Process & Information
~ newgen •• Business Applications Range in Complexity of Process & Information Complex, Enterprise-wide Business Processes Traditionally Strong Comprehensive Digital NewgenONE digital Process Automation Complex Information Transformation Platforms Simple Information Platforms transformation platform
Slide 6: NewgenONE Digital Transformation Platform
~ newgen •• NewgenONE Digital Transformation Platform ~e ~customer~ '1-9. A unified platform suite that is, 1,,'<:- ~ .§' ~~ f 0 Personalized Engagement Contextual Communication ~ ~ • Cloud-hosted single platform for process, content, and communication automation • Scalable and extensible • For secu
Slide 7: What Makes NewgenONE Stand Out!
~ newgen •• What Makes NewgenONE Stand Out! A natively-built, unified, hyperautomation platform for complex, content-driven, and customer- engaging business applications Focused on professional IT Domain expertise packaged Global SI partnerships for developers for agility and as composable component
Slide 8: NewgenONE With Contextual Content Services Capability
~ newgen •• NewgenONE With Contextual Content Services Capability… Digitize Workplace with Contextual Automation, Compliance, and Intelligence – On Cloud Channels of 0 Scan Social Web Portal Engagement Office E-mail Mobile Capture Process Store Extend Document Cloud Professional Content Automated Co
Slide 9: NewgenONE With Low Code Process Automation Capability
~ newgen •• NewgenONE With Low Code Process Automation Capability… Rapid Application Development for Deep and Complex Business Applications – Across Devices ~ li Social Web Portal Mobile In-Person Web/Message/Scan Business Applications ~ ...... -1111 Financial Government ft Insurance Shared Services
Slide 10: NewgenONE With Personalized Customer Engagement Capability
~ newgen •• NewgenONE With Personalized Customer Engagement Capability… Use the Business Data and Manage the Communication Output – Personalized and at Scale Enterprise Use Cases Batch On-Demand One-to-One Workflow-driven Communication Response Correspondence Communication Branding and Multi-Lingual
Slide 11: Newgen AI Cloud – A unified platform for all data science needs
~ newgen •• Newgen AI Cloud – A unified platform for all data science needs Data Ope1 r ations Machine Lea 1 r ninq ML Operations Prepare, b lend, cleanse, Expe ri ment,. iterate, Deploy, mon it or, an d explore d ata t o d evelop, an d select t he retrain, govern, an d creat e d ata assets ready be
Slide 12: Newgen – Key Highlights (FY'22)
1?3j newgen •• Newgen – Key Highlights (FY’22) ~~ Established in 1992 Over 530 active customers (1) Direct presence one world, one workplace in 7 countries ~ 17 verticals with Partner with leading 3,285 Personnel 5 Core Verticals GSIs (with ~580 personnel in R&D ~250 personnel in S&M) ~ Banking, ins
Slide 13: Newgen – Financial Snapshot (FY'22)
1?3j newgen •• Newgen – Financial Snapshot (FY’22) Rs 7,790 Million Rs 2,461 Million Rs 618 Million Revenue Subscription Revenues (2) SaaS Revenues (16% YoY Growth) (23% YoY Growth) (25% YoY Growth) Rs 1,947 Million Rs 1,642 Million Rs 4,622 Million EBIDTA PAT Cash, Bank Balance, (25% EBIDTA Margin)
Slide 14: Resilient Business Model in Place
~ newgen •• Resilient Business Model in Place 59% 21% 20% Large annuity revenues streams Annuity Revenues(1) Sale of Products Sale of Services FY22 Revenue Split by Segment 65% 8% 7% 7% 4% 8% Mission critical solutions across key verticals Banking & FS Govt. Insurance Health BPO Others FY22 Revenue
Slide 15: Investment Rationale
f = Investment Rationale
Slide 16: The Markets We Play In
1?3j newgen •• The Markets We Play In Process-agnostic software that enables Hyperautomation: $46.31 bn by 2025 (3) Content Services platform: $9.35 Bn by 2026 (1) Business Process Management systems: $3.07 bn by 2026 (2) Source: 1. Gartner's 'Market Forecast: Enterprise Application Software M
Slide 17: Innovative Product Suite With Continuing Focus On R&D
~ newgen •• Innovative Product Suite With Continuing Focus On R&D 29 years of product DNA; 44 patents filings, 23 Granted till date R&D Investments (% of revenues) Skilled R&D team of over 550* people with deep domain expertise 10.2% 9.5% 9.8% Unified platform with modular deployment 7.2% 7.5%
Slide 18: Our Go-to-market
~ newgen •• Our Go-to-market Strategy Across Regions and Verticals is Based on Direct System Integrators-led go-to-market Targeting Presence Supported by Partner Ecosystem Fortune 2000 Enterprises in Mature Markets Over 300* Employees in Sales & Marketing/ Increasing traction in the developed ma
Slide 19: NewgenONE Enables Enterprises to Develop Complex Biz Applications
1?}j newgen •• NewgenONE Enables Enterprises to Develop Complex Biz Applications Customer Campaign Mgmt. Risk Workbench FNOL & Claims Unified Quotation, Proposal & Onboarding & Marketing Processing Customer View Illustration Loan/Credit Lead Management Collections Origination SRM & Dispute Customer
Slide 20: Strong Acceleration in Annuity and Subscription Revenues
~ newgen •• Strong Acceleration in Annuity and Subscription Revenues Annuity Revenues (INR Mn) Subscription Revenues (INR Mn) (INRm) (INRm) 22% 26% (FY’17-22 CAGR) (FY’17-22 CAGR) Increasing adoption of subscription/cloud across 4,565 geographies with large 3,871 3,686 2,461 orders in India, EMEA, 3
Slide 21: Board of Directors
1?3j newgen •• Board of Directors Diwakar Nigam T.S. Varadarajan Priyadarshini Nigam Chairman and Whole Whole Managing Director Time Director Time Director Padmaja Krishnan Saurabh Srivastava Subramaniam Kaushik Dutta Independent Independent Ramnath Iyer Independent Director Director Independent Dir
Slide 22: Leadership Team
t?fj newgen •• Leadership Team Diwakar Nigam Virender Jeet Chairman and Managing Director Chief Executive Officer Tarun Nandwani Dr. S.J. Raj Chief Operating Officer EVP – Global Business Strategy and HR Anand Raman Arun Kumar Gupta EVP & COO - Newgen Software Inc. Chief Financial Officer Rajvinder
Slide 23: Leadership Team
~ newgen Leadership Team R. Krishna Kumar Sunil Pandita Vivek Bhatnagar Prashant Sahai Pramod Kumar Sandeep Hinduja Ashok Kapoor VP – Sales VP – Sales (India) VP –Sales (EMEA) VP – Sales VP – Sales (APAC) VP – Sales (US) VP – Marketing (Australia) (Middle East) Vivek Mani Arpan Bansal Nikhil Sawhney
Slide 24: Q3 FY'23 Results
f } Q3 FY’23 Results ~~
Slide 25: Financial Summary Q3 FY23 (Consolidated)
~ newgen •• Financial SummaryQ3FY23 (Consolidated) Q3FY22 YoY Q2FY22 QoQ 9M FY23 9M FY22 YoY Particulars (Unaudited) (Unaudited) Growth (Unaudited) Growth (Unaudited) (Unaudited) Growth Revenue from (INR Mn) Revenue 2,549 2,025 25.9% 2,261 12.7% 6,689 5,475 22.2% operations Other Income 94 72 29.5%
Slide 26: Continuous growth in Annuity based revenues
~ newgen •• Continuous growth in Annuity based revenues Annuity and Subscription Revenues (INR Mn) (INRm) Strong growth in Subscription based revenues 38% Q3 YoY 1,544 Growth 1,600 The recurring nature Annuity 1,400 1,116 1,200 revenues are growing at a fast 1,000 pace and now contribute 61% to
Slide 27: Diversification Across Verticals and Geographies
~ newgen •• Diversification Across Verticals and Geographies Q3 FY’23 Revenue Split by Segment Q3 FY’23 Revenue Split by Vertical Q3 FY’23 Revenue Split by Geography Implementatio n & other APAC (Ex-India) Sale of 14% services Products Healthcare Others 17% 23% India Insurance 5% 6% 11% 34% BPO/IT 3
Slide 28: Key Updates
~ ½J newgen •• Key Updates Gartner. Newgen Recognized in 2023 Gartner® Magic Quadrant™ for Enterprise Low-Code Application Platforms for Third Year in a Row Please refer to detailed PR below: https://newgensoft.com/wp-content/uploads/2021/06/IntimationPRGartner17-1-23.pdf 16 new logo wins in Q3
Slide 29: Significant Deals
~ newgen •• Significant Deals Cloud deal with a full-service financial institution in the Southeast region in America with $23.7 bn in assets and 193 offices across America License based project for a full-service financial institution in America providing offerings for short and long-term life
Slide 30: Debtors Days
~ newgen •• Debtors Days Debtor Days (Based on Net Debtors) 160 149 140 129 131 122 120 111 115 100 102 97 95 100 90 87 80 60 40 20 0 Q4 FY'20 Q1 FY'21 Q2 FY'21 Q3 FY'21 Q4 FY'21 Q1 FY'22 Q2 FY'22 Q3 FY'22 Q4 FY'22 Q1 FY'23 Q2 FY'23 Q3 FY'23 Note: The business is seasonal in nature with proportionat
Slide 31: Disclaimer
New Delhi, IN Disclaimer ! •• Mississauga, ON London, UK Mumbai, IN This presentation may contain certain forward-looking statements concerning Newgen Software Technologies’ future business prospects and business profitability, which are subject to several risks and uncertainties and the actual resu
Slide 32: P&L Statement
~ newgen P&L Statement •• (All amounts in INR Mn, except per share data and unless otherwise stated) Q3 FY 2023 Q3 FY 2022 Q2 FY 2023 9M FY 2023 9M FY 2022 Revenue Revenue from operations 2,549.2 2,025.1 2,261.2 6,689.3 5,475.4 Other income 93.9 72.5 65.9 261.1 247.8 Total revenue 2,643.0 2,097.6 2,
Slide 33: Your Trusted Digital Transformation Partner
Your Trusted Digital Transformation Partner info@newgensoft.com www.newgensoft.com
Slide 34: Press Release: Newgen Software Reports Revenue of Rs 255 cr in Q3 FY'23, up 26% YoY
PRESS RELEASE Newgen Software Reports Revenue of Rs 255 cr in Q3 FY’23, up 26% YoY New Delhi, India – January 17, 2023 The management of Newgen Software Technologies Ltd. announced results for the quarter ended December 31, 2022, at its Board Meeting held on January 17, 2023. Key Highlights- Q3 FY’2
Slide 35: Key Consolidated Financial Highlights (Q3 FY'23)
Key Consolidated Financial Highlights (Q3 FY’23) Revenue from operations (consolidated) witnessed a strong growth at Rs 255 crore as compared to Rs 203 crore in Q3 FY’22 (up 26% YoY). Subscription revenues (ATS/AMC and cloud) stood at Rs 84 crore, up 37% YoY. Annuity revenue streams (ATS/AMC, supp
Slide 36: About Newgen
About Newgen Newgen is the leading provider of a unified digital transformation platform with native process automation, content services, and communication management capabilities. Globally, successful enterprises rely on Newgen’s industry-recognized low code application platform to develop and dep
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