Quick Heal Technologies Ltd. · NSE:QUICKHEAL
Quick Heal Technologies — Q1 FY24 Earnings Presentation
20 slides from Quick Heal Technologies's earnings presentation, Jul 20, 2023
Slide 1: Submission of Investor Presentation to stock exchanges
Qu ick Heal Quick Heal Technologies Ltd. C-7010, 7th Floor, Marvel Edge, sr.no.207, Security Simplified opp. NECO Garden Society, Vimannagar, Pune 411014, India. July 20, 2023 Ref. No.: QHTL/Sec/SE/2023-24/28 The Manager, The Manager, Corporate Services, Corporate Services, BSE Limited, National Sto
Slide 2: Earnings Presentation | Q1 FY24
Earnings Presentation | Q1 FY24
Slide 3: Global cybersecurity market overview
Global cybersecurity market overview Enterprise market to maintain 95%+ share, growing at 3x Within enterprise market, product segment to gain significant consumer market till 2025 share, outpacing the overall market by 5pp Global cybersecurity market ($B) Global cybersecurity market ($B) 233 225 3%
Slide 4: Rapid digitization has enhanced need for greater cybersecurity investments
Rapid digitization has enhanced need for greater cybersecurity investments Indian Mobile data usage highest in the world* Social Network Penetration - India People enrolled in the world’s largest unique digital 60.72% 46.44% 50.44% 54.58% 58.31% 1.32b identity program 35.44% Users engaged in social
Slide 5: Company at a glance
Company at a glance Experienced Management Cash Rich Growing Team Balance Sheet Enterprise Business with high customer Presence across retention rate B2C, B2B & B2G segments Market Leader Strong in the Indian Distribution Footprint consumer segment across India 30 Years of Innovation State-of-the-ar
Slide 6: 30 years of simplifying security
Our Journey Threat Secured protection for smart Innovative AI PCs, phones driven network and tablets Protecting protection & emails Protected Ensured data, early a safe transactions generations online & cloud of PCs experience transitions 1993-95 1996-00 2001-05 2006-10 2011-16 2017-23 30 years of s
Slide 7: Consumer Business
Consumer Business ▪ 30 years into simplifying security ▪ Market leadership with over 30% in the Indian market ▪ Robust Sales & Distribution network in India Revenue (INR Crs) 293 Current Scenario: 280 30 242 ▪ Market Headwinds in the short term: Sudden decrease in IT 198 spending since H2FY22 ▪ The
Slide 8: The Growth Story: Enterprise Solutions
The Growth Story: Enterprise Solutions ▪ Incubated the enterprise cybersecurity through internal accruals ▪ Growth story for QH in the years to come Endpoint Security EDR/XDR ▪ Enterprise solutions represent 95% of the cybersecurity market, which is growing at a CAGR of 11% while Quick Heal is growi
Slide 9: Future Outlook
Future Outlook Strong and Diversified Increasing R&D spend Channel Network R&D team continuously With 35,000+ channel partners, working towards product sales team upgrades with newer features. Has deep market penetration In FY23 R&D spends of 44% Innovation Quick Heal lays strong Global expansion em
Slide 10: Q1 FY24 Earnings Highlights
Q1 FY24 EARNINGS HIGHLIGHTS
Slide 11: Q1-FY24 Earnings Highlights
Q1-FY24 Earnings Highlights REVENUE EBITDA PAT Q1-FY24 Revenue split Q1-FY24 Revenue at Q1-FY24 EBITDA at Q1-FY24 PAT at ₹ 51.4 crs ₹ (15.1) crs ₹ (12.8) crs 48.2% 51.8% DILUTED EPS CONSUMERREVENUE ENTERPRISE REVENUE Q1-FY24 EPS at Q1-FY24 Consumer revenue at Q1-FY24 Enterprise # revenue at ₹ (2.4)
Slide 12: Q1-FY24 Consolidated Performance Highlights (YoY)
Q1-FY24 Consolidated Performance Highlights (YoY) Revenue (INR Crs) EBIDTA (INR Crs) PAT (INR Crs) 61.1 1.1 0.2 51.4 Q1FY23 Q1FY24 -15.1 -12.8 Q1FY23 Q1FY24 Q1FY23 Q1FY24 • Enterprise business continues to • EBITDA drop is primarily due to the PAT is inline with the movement grow sustainably reducti
Slide 13: Q1-FY24 Consolidated Performance Highlights (QoQ)
Q1-FY24 Consolidated Performance Highlights (QoQ) Revenue (INR Crs) EBIDTA (INR Crs) PAT (INR Crs) 49.3 51.4 -6.6 -15.1 -12.8 Q4FY23 Q1FY24 -16.2 Q4FY23 Q1FY24 Q4FY23 Q1FY24 • Enterprise business continues to • We expect EBITDA to revive from PAT is inline with the movement grow sustainably subseque
Slide 14: Working Capital Analysis
Working Capital Analysis 125 4 20 114 5 109 25 94 94 7 33 68 Receivable Inventory Payable Net Receivable Inventory Payable Net Receivable Inventory Payable Net Days Days Days Working Days Days Days Working Days Days Days Working Capital Capital Capital Days Days Days Q1FY23 Q4FY23 Q1FY24 • Calculati
Slide 15: Q1-FY24 Income Statement
Q1-FY24 Income Statement Standalone Consolidated PARTICULARS (INR Crs) Q1-FY23 Q1-FY24 Q1-FY23 Q1-FY24 Total Revenue 61.09 51.43 61.08 51.44 Direct Cost 1.88 1.22 1.88 1.22 Gross Profit 59.21 50.21 59.20 50.22 Gross Margin 96.92% 97.63% 96.92% 97.63% Operating Cost Research and Development (R&D) 27.
Slide 16: Q1-FY24 Ratio analysis
Q1-FY24 Ratio analysis Standalone Consolidated In % Q1FY23 Q1-FY24 Q1-FY23 Q1-FY24 Expenses Direct Cost / Revenue 3.08% 2.37% 3.08% 2.37% R&D / Revenue 45.54% 61.93% 45.55% 61.92% S&M / Revenue 30.15% 34.30% 30.17% 34.29% G&A / Revenue 19.33% 30.95% 19.48% 30.73% Total Cost / Revenue 95.02% 127.18%
Slide 17: Historical Annual Consolidated Income Statement
Historical Annual Consolidated Income Statement PARTICULARS (INR Crs) FY21 FY22 FY23 Total Revenue 333.04 341.90 278.09 Direct Cost 13.70 13.84 10.31 Gross Profit 319.34 328.06 267.78 Gross Margins (%) 95.89% 95.95% 96.29% Operating Cost Total Expenditure 177.90 221.20 265.90 EBITDA 141.44 106.86 1.
Slide 18: Capital Market Data
Capital Market Data Stock Market Performance (as on 30th June, 2023) 45% 30% 15% Shareholding Pattern (as on 30th June, 2023) 0% -15% -30% Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Public 22% Sensex Quick Heal-BSE Price Data (as of 30th June, 2023) Other 5%
Slide 19: Disclaimer
Disclaimer Quick Heal Technologies Limited No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness, or correctness of the information or opinions contained in this presentation. Such information and opinions are in a
Slide 20: Thank You
Thank You
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