Slide 1: Regulation 30(6) intimation letter to exchanges
Intellect/SEC/2022-23 October 28, 2022 1. The National Stock Exchange of India Ltd., Scrip Code : Exchange Plaza, 5th Floor, Plot No. C/1, G Block, Bandra Kurla INTELLECT Complex, Bandra (E), Mumbai – 400 051. 2. The BSE Ltd. Scrip Code : st 1 Floor, New Trade Ring, Rotunda Building, PJ Towers, 5388
Slide 2: Q2 FY23 Results Earnings Announcement
The World’s only NextGen Open Finance, Composable and Contextual FinTech Platform Q2 FY 23 Results Earnings Announcement
Slide 3: Safe Harbor Statement
Safe Harbor Statement Certain statements in this release concerning our future prospects are forward-looking statements. Forward-looking statements by their nature involve a number of risks and uncertainties that could cause actual results to differ materially from market expectations. These risks a
Slide 4: Our Purpose
Our Purpose To provide Large Enterprise Grade Composable and Contextual solutions driving higher business growth, reducing cost and risk on sustainable basis. 3
Slide 5: Intellect: The world's only NextGen, Composable and Contextual FinTech Platform
Intellect The world’s only NextGen, Composable and Contextual FinTech Platform Ranked #1 globally by IBS in Six 25+ Years 57+ Categories of Domain Expertise Countries Served IBS Global Sales League Table 2022 in FinTech 8012 - The world’s first design center for FinTech 10 7 4 270+ Products Platform
Slide 6: Board of Directors
Board of Directors Arun Jain Anil Kumar Verma Arun Shekhar Aran Andrew England Chairman & Managing Director Executive Director Independent Director Non-Executive Director Vijaya Sampath Abhay Gupte Ambrish P Jain Independent Director Independent Director Independent Director 5 5
Slide 7: Strategic Advisory Board
Strategic Advisory Board Andrew England Dave Ravell Prabal Basu Roy Pradeep Kapur Sanjeeb Chaudhuri Swarup Choudhury Theodore Roosevelt Vikram Sud Malloch 6
Slide 8: Evolution from Technologies to Marketplace
Intellect Evolution from Technologies to Marketplace Data Cloud 3rd Party Model Participants Technology + FinTech Marketplace - Products Platforms Stack FinTech Ecosystem 7
Slide 9: Performance Overview
Performance Overview Financial Highlights 8
Slide 10: LTM Q2 FY23 - Financial Highlights
LTM Q2 FY23 - Financial Highlights TOTAL REVENUE (INR) GROSS MARGIN (INR) EBITDA (INR) PAT (INR) Q2 FY23 2087 Cr Q2 FY23 1166 Cr Q2 FY23 455 Cr Q2 FY23 311 Cr 27% Q2 FY22 1640 Cr 25% Q2 FY22 931 Cr 9% Q2 FY22 417 Cr -1% Q2 FY22 314 Cr YoY Growth YoY Growth YoY Growth YoY Growth GROSS MARGIN % EBITDA
Slide 11: LTM Q2 FY23 - Financial Highlights
LTM Q2 FY23 - Financial Highlights PLATFORM REVENUE (INR) LICENSE (INR) AMC (INR) Q2 FY23 448 Cr Q2 FY23 338 Cr Q2 FY23 346 Cr 62% Q2 FY22 276 Cr -1% Q2 FY22 342 Cr 11% Q2 FY22 311 Cr YoY Growth YoY Growth YoY Growth LICENCE LINKED REVENUE (INR) ANNUAL RECURRING REVENUE (ARR) DEAL WINS (License+Plat
Slide 12: Q2 FY23 - Financial Highlights
Q2 FY23 - Financial Highlights TOTAL REVENUE (INR) GROSS MARGIN (INR) EBITDA (INR) PAT (INR) Q2 FY23 528 Cr Q2 FY23 276 Cr Q2 FY23 84 Cr Q2 FY23 46 Cr 17% Q2 FY22 452 Cr 5% Q2 FY22 262 Cr -29% Q2 FY22 118 Cr -42% Q2 FY22 79 Cr YoY Growth YoY Growth YoY Growth YoY Growth GROSS MARGIN % EBITDA % COLLE
Slide 13: Q2 FY23 - Financial Highlights
Q2 FY23 - Financial Highlights PLATFORM REVENUE (INR) LICENSE (INR) AMC (INR) Q2 FY23 119 Cr Q2 FY23 68 Cr Q2 FY23 90 Cr 33% Q2 FY22 90 Cr -22% Q2 FY22 86 Cr 10% Q2 FY22 81 Cr YoY Growth YoY Growth YoY Growth LICENCE LINKED REVENUE (INR) ANNUAL RECURRING REVENUE (ARR) DEAL WINS (License+Platform+AMC
Slide 14: Revenue Mix
Revenue Mix CURRENCY WISE H1 FY 23 OTHERS 6% EURO 3% INR 27% USD 36% GBP 20% CAD 8% 13
Slide 15: Financial Results for the Second Quarter Ended September 30, 2022
Financial Results for the Second Quarter Ended – September 30, 2022 INR Crs Additional Information on function wise classification of the statement of Profit and Loss of the Group (Consolidated Audited) QUARTER ENDED HALF YEAR ENDED LTM ENDED YEAR ENDED Sept 30, 2022 Sept 30, 2021 Sept 30, 2022 Sept
Slide 16: Destiny Deals and Pipeline
Destiny Deals and Pipeline Deal wins and Digital Transformations 15
Slide 17: 36% increase in Pipeline – Inline with the Revenue Growth
36% increase in Pipeline – Inline with the Revenue Growth The current funnel of Intellect INR 6528 Cr INR 4808 Cr DESTINY DEALS $ 805 mn Q2 FY23 Q2 FY22 $ 628 mn $818Mn $649Mn # OF DEALS 66 54 Q2 FY23 Q2 FY22 AVG DEAL SIZE 439 ($ 5.5 mn) 414 ($ 5.6 mn) INR Mn ($ Mn) Q2 FY23 Q2 FY22 % TO TOTAL OPPORT
Slide 18: Destiny Deals - good growth in big ticket deals
Destiny Deals - good growth in big ticket deals Q2 FY23 Q2 FY22 1 deal Won > INR 50 Cr 15 14 deals from previous qtr 11 1 new deal added 1 deal Won INR 30 Cr – INR 23 50 Cr 1 deal Lost 19 deals from previous qtr 17 4 new deals added 3 deals Won INR 20Cr – INR 28 2 deals lost 22 deals from previous q
Slide 19: Accelerated Digital Transformations Q2 FY23
Accelerated Digital Transformations Q2 FY 23 Deal Wins Digital Transformations (Go-Lives) 14 new Customers have 14 Global Financial institutions have transformed their chosen Intellect’s Digital Digital journey on Intellect Product stack. stack for their Digital transformation including Intellect co
Slide 20: Deal Wins - Nine Platform Deal wins
Deal Wins - Nine Platform Deal wins Some of the Significant Platform deals are: ● Foresight—the tech-enabled Workers Compensation MGU that sees a future where workplace injuries are a thing of the past—recently signed to use Intellect’s AI-powered, full suite of underwriting platform. The use of the
Slide 21: Deal Wins - Nine Platform Deal wins (Contd)
Deal Wins - Nine Platform Deal wins (Contd) Some of the Significant Platform deals are: ● iESG, a global ESG platform from Intellect AI designed for financial institutions, has been chosen by one of the worlds largest sovereign wealth funds and a top-tier UK wealth manager - collectively overseeing
Slide 22: Deal Wins - Five Product Deal Wins
Deal Wins - Five Product Deal Wins ● A top 3 UK Bank signed up for Payments to enable their customers for Real-time local Payments Solutions. ● A top 10 Canadian bank signed up for Payments to enable their customers for Payment Tracking & Real Time Rail and PSH-C Release 3.0 Web Logic & Non-Intrusiv
Slide 23: Digital Transformations in Q2 FY23
Digital Transformations in Q2 FY23 ● A Top 3 Bank in USA went live with Liquidity - Continuing with the ‘trusted partner’ relationship for over a decade, a top 3 US Bank went live with liquidity enhancements. ● The Largest Commercial Bank in Saudi went live with Cash Power. ● One of Europe's Leading
Slide 24: Digital Transformations in Q2 FY23 (contd)
Digital Transformations in Q2 FY23 (contd) ● A Top 3 bank in Qatar went live with Cash Power. Live now in 13 Countries. ● Fastest go-live at a central bank in Oceania, replacing their legacy system with a fully functional and function-rich treasury system, Capital Cube, in just 11 months. ● A leadin
Slide 25: Qualitative Commentary
Qualitative Commentary 24
Slide 26: Qualitative Commentary
Qualitative Commentary Last year’s story of moving from Product to Platform is exciting. In just 12 months Intellect Launched 6 platforms. Platforms have added to enhanced ARR alongwith licensed based revenues as articulated during Technology Day II session held in December 2021 1. Early investments
Slide 27: Qualitative Commentary
Qualitative Commentary 2. iGTB launched new Platform under the larger theme of Consumerisation of Commercial Banking (COCB) - BANKING- AS-A-SERVICE. This enables GTB to expand its business space from Liquidity, Payments, Trade and Supply chain finance to very hot space of enabling US, Canadian and E
Slide 28: Management Observations
Management Observations Key observations from Arun Jain, CMD and Venkat Saranu, CFO 27
Slide 29: Management Observations
Management Observations Arun Jain, Chairman and Managing Director “In spite of the current market uncertainty driven by high inflation rates and currency volatility, we have delivered a 27% YoY revenue growth for LTMQ2FY23. We also have a visibility of an annual growth of 20% for FY23. We continue t
Slide 30: Leadership Position Endorsed by Market Leading Analysts
Leadership Position Endorsed by Market Leading Analysts 29
Slide 31: Q2FY23: Intellect benchmarked and rated on top repeatedly
Q2FY23: Intellect benchmarked and rated on top repeatedly Intellect Design Intellect Design - Intellect is mentioned as Intellect Intellect Wealth Intellect Digital globally rated as a Digital Core listed "Market Share Leaders" in Underwriting Platform has been Payment Processing "LEADER" in Loan Or
Slide 32: Stock Information
Stock Information Relative Stock Performance (1st October, 2021 to 30th September, 2022) 98 78 74 Charts have been rebased to 100 Shareholding Pattern (As on 30th September) Stock Data (As on 30th September) Market Cap 7.007 Cr. Stock Price ₹ 517.4 52 Week (High / Low) ₹ 986/493 NSE / BSE - Symbol I
Slide 33: Contacts
Contacts Venkateswarlu Saranu Praveen Malik Nachu Nagappan Chief Financial Officer Vice President – Investor Relations AVP – Corporate Communication venkat.saranu@intellectdesign.com +91 8939782837 +91 8939619676 praveen.malik@intellectdesign.com nachu.nagappan@intellectdesign.com 32
Slide 34: © 2022, Intellect Design Arena Limited. All rights reserved.
© 2022, Intellect Design Arena Limited. All rights reserved. These materials are confidential and proprietary to Intellect and no part of these materials should be reproduced, published in any form by any means, electronic or mechanical including photocopy or any information storage or retrieval sys