Kpit Technologies Limited · NSE:KPITTECH
Kpit Technologies — Q1 FY2023 Earnings Presentation
29 slides from Kpit Technologies's earnings presentation, Jul 26, 2022
Slide 1: Exchange filing cover letter
KP 11· July 26, 2022 BSE Limited National Stock Exchange of India Ltd., Phiroze Jeejeebhoy Towers, Exchange Plaza, Cl 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 Manag
Slide 2: Investor Update Q1FY2023
Reimagining Mobility with YOU July 26, 2022 Investor Update Q1FY2023 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 Q1FY23
• 1 March 2021 Performance Overview Q1FY23 Reimagining Mobility with YOU
Slide 5: Performance Overview Q1FY23
Performance Q1FY23 CC Revenue grows 23% YoY Overview Q1FY23 reports YoY Net Profit growth of 41%+ Q1FY23 Q1FY23 CC Revenue Growth of 23% Y-o-Y, 6.0% Q-o-Q 1 Revenue $ Revenue Growth of 16.4% Y-o-Y and 3.2% Q-o-Q Operating Q1FY23 EBITDA at 19.4% against 18.6% last qtr. 2 Margins Y-o-Y EBITDA growth o
Slide 6: Performance Highlights
Performance Highlights Sequential CC growth of 6% led by Electric Powertrain and architecture and middleware domains. Growth steered by 01 passenger car vertical. Higher cross currency impact due to Euro, GBP and Yen depreciation against the INR. EBITDA expansion of 80 bps despite supply side constr
Slide 7: Additional facts - timeseries
Additional facts - timeseries Revenue $ M EBITDA % 19.4% 18.5%18.6% 87.1 89.9 17.2%17.3%17.6% 77.2 76.9 76.9 80.4 83.7 13.4% 13.5% 15.7% 74.5 77.2 14.6% 14.3% 71.1 72.8 69.7 12.8% 13.4% 13.4% 65.3 65.3 Qtr. End Net Cash ₹ B EBITDA ₹ M 10.62 10.38 1,332 9.33 10.23 1,150 1,214 8.22 8.78 1,041 931 981
Slide 8: Management Quotes
Management Quotes Kishor Patil, Co-founder, CEO and MD, KPIT said,” The vehicle manufacturers are aiming to earn revenues over the life of the vehicle for sustainable growth. This change will be enabled by CASE and centralized architecture programs, essentially Software Driven Vehicles. KPIT is uniq
Slide 9: Cash Flow – Major Movement
Cash Flow – Major Movement INR Million Increase in Working Q-o-Q Increase in Net Capital – 369 Cash : INR 247 Million NET CASH (INR Mln) Q1FY23 Q4FY22 Gross Cash 10,627 10,380 Capex – 228 SOMIT Payout - 324 Long Term Debt NIL NIL Short Term Debt NIL NIL Cash and Cash Equivalents break-up ₹M NET CASH
Slide 10: New Engagements
New Engagements TCV of new engagements won during the Quarter : $ 155 million A leading European Car Manufacturer selected KPIT for a multiyear engagement in the electric powertrain domain A leading Asian Car Manufacturer awarded KPIT multiple programs in the connected and middleware domains A leadi
Slide 11: FY23 – Outlook
FY23 – Outlook CC Revenue Growth : 18% to 21% Broad based growth across practices, led by Strategic Clients and Strategic Engagements. Volume Growth to be in the range of 25%. Reported $ growth will be impacted adversely due to cross currency headwinds EBITDA Margin : 18% to 19% Improvement in Reven
Slide 12: Other Updates Q1FY23
• 1 March 2021 Other Updates Q1FY23 Reimagining Mobility with YOU
Slide 13: KPIT expands its team and global infra-structure footprint
KPIT expands its team and global infra-structure footprint KPIT unveiled its brand-new KPIT expands its local tech KPIT to create opportunities in office in Novi, Michigan, USA center in China cutting edge automotive software in Kochi Brand new beginnings! KPIT has taken the initiative to add KPIT p
Slide 14: KPIT Sparkle
Support, nurture, and mentor students in the STEM field KPIT Sparkle Mission with a particular focus on areas of mobility and energy Innovation Platform Objective Identify & develop best innovative talent across the country and instill an innovation culture at the grassroot for Talent Outreach • Ind
Slide 15: KPIT – Societal Development Commitment
KPIT – Societal Development Commitment • Water Conservation • KPIT SPARKLE (Engg. Innovation) • Forest Conservation • SHODH (PhD researchers) • Chotte Scientists (School Children) ENVIRONMENT EDUCATION Making this world a Transforming lives of better place to live in people through science & technol
Slide 16: KPIT Technologies bags award for Sustainability Initiatives at Workplace
KPIT Technologies bags award for Sustainability Initiatives at Workplace KPIT has won the 1st Prize at iNFHRA’s Pune Chapter 6th Edition of Workplace Excellence under the category of “Sustainability”. 7/26/2022 15
Slide 17: We are Excited to go live on Instagram
We are Excited to go live on Instagram 7/26/2022 16
Slide 18: Financial & Operational Data Snapshot
• 1 March 2021 Financial & Operational Data Snapshot Reimagining Mobility with YOU
Slide 19: Profit & Loss Account Snapshot
Profit & Loss Account Snapshot INR MN DETAILS Q1FY23 Q4FY22 Q1FY22 Revenue from Operations 6,857.24 6,517.65 5,673.81 Other Income 152.89 127.54 99.76 Total Income 7,010.13 6,645.19 5,773.57 Operating Expenses 5,525.51 5,303.69 4,692.65 EBITDA 1,331,73 1,213.96 981.16 Depreciation 310.23 307.18 286.
Slide 20: Balance Sheet Snapshot
INR MN Balance Sheet Snapshot ASSETS Q1FY23 Q4FY22 EQUITY & LIABILITIES Q1FY23 Q4FY22 NON-CURRENT ASSETS Equity Share Capital 2,700.97 2,700.17 Other Equity 11,210.05 10,395.50 Property, Plant & Equipment 1,905.94 1,936.72 Equity attributable to owners 13,911.02 13,095.67 Right-of-use Assets 2,363.8
Slide 21: Revenue Break-up
Revenue Break-up USD MN Verticals* Q1FY23 Q4FY22 Q1FY22 Q-o-Q Y-o-Y Passenger Cars 66.95 62.88 58.40 6.5% 14.6% Commercial Vehicles 22.38 22.04 17.95 1.5% 24.7% * The balance revenues come from others, which is not a big area as of now Business Units# Q1FY23 Q4FY22 Q1FY22 Q-o-Q Y-o-Y Feature Develop
Slide 22: P&L Metrics
P&L Metrics Q1FY23 Q4FY22 Q1FY22 Q-o-Q Y-o-Y Revenue by Contract Type Time & Material Basis 51.0% 48.1% 43.6% 9.4% 36.2% Fixed Price Basis 49.0% 51.9% 56.4% (2.6)% 1.1% Clients Strategic Client Revenue 84.9% 83.6% 85.7% 4.7% 15.3% Active Clients (Period End) 60 60 55 Revenue per Devp. Employee USD 4
Slide 23: Currency wise revenues, Hedging Details
Currency wise revenues, Hedging Details Currency wise O/s Hedge Details Q1FY23 Q1FY23 Q4FY22 Q1FY22 revenue Hedge Rates USD 42.7% 40.0% 41.7% USD/INR 78.87 EUR 33.5% 32.2% 33.0% EUR/INR 88.74 GBP 6.3% 6.6% 5.7% GBP/INR 104.50 JPY 8.7% 12.4% 10.2% INR 5.8% 5.9% 4.9% Hedge Amounts(Mn) USD/INR 47.92 Ot
Slide 24: Headcount Data
Headcount Data Period End Headcount Q1FY23 Q4FY22 Q1FY22 Q-o-Q Y-o-Y Development 8,570 7,628 6,025 - - Enabling & Sales 613 617 539 - - Total 9,183 8,245 6,564 - - 7/26/2022 23
Slide 25: Contact Us
• 1 March 2021 Contact Us Reimagining Mobility with YOU
Slide 26: Conference Call Details
Conference Call Details Conference name : KPIT Technologies Q1 FY2023 Post Earnings Conference Call Date : Tuesday July 26, 2022 Time : 1730 Hrs. Participants : Mr. Kishor Patil, Co-founder, CEO & MD Mr. Sachin Tikekar, President, Joint MD Mrs. Priya Hardikar, CFO Mr. Sunil Phansalkar, Head-IR Dial-
Slide 27: Contact
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 26
Slide 28: Contact
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 27
Slide 29: THANK YOU !!
THANK YOU !! KPIT Technologies Ltd.