Onward Technologies Limited · NSE:ONWARDTEC
Onward Technologies — Investor Presentation (September 2022)
22 slides from Onward Technologies's investor presentation, September 2022
Slide 1: Investor Presentation September 2022
INVESTOR PRESENTATION September 2022
Slide 2: Who We Are
WHO WE ARE Onward Technologies is a software outsourcing company specializing in digital and ER&D services. We help global OEMs improve speed to market, accelerate innovation, and maximize returns on their R&D investments.
Slide 3: Transformation from legacy to the NEW: Engineering, R&D and Digital services
Transformation from legacy to the NEW: Engineering, Research & Development and Digital services Who we are Digital play across all lines of business • A diverse team of 3000+ employees • Digital Engineering and Outsourcing • Delivered 28% y-o-y revenue growth in FY22 • Electronics and Embedded servi
Slide 4: Lines of business driving future growth
Lines of business driving future growth Lines of business Focus verticals Digital Mechanical • New Product • Engineering Design & Automation Embedded Development IT • Big Data • Value • SW Development & Analytics • Platform Services - Engineering Maintenance Hardware, Software • Cloud & DevOps • Vir
Slide 5: Board of Directors
Board of Directors Harish S. Mehta - Executive Chairman Jigar H. Mehta - Managing Director Experience: 30 Years Experience: 19 Years Other Engagements: NASSCOM, Hinditron–Digital (DEC), Indus Education: Business Administration from Boston Entrepreneurs (TiE), Indian Angel Network (IAN), Small Univer
Slide 6: Leadership Team
Leadership Team Vignesh Kumar - EVP - Sales (International Business) CA Devanand Ramandasani - Chief Financial Officer Experience: ~28 years Experience: ~15 years Previous stint: Siemens, TCS Previous Stint: Datamatics, Infosys Education: BE / MBA Education: CA Pratish Mehta - EVP - USA Operations &
Slide 7: Strategic presence across geographies
Strategic presence across geographies 1 Detroit, MI 2 Cleveland, OH 3 Chicago, IL 5 6 1 4 Toronto, ON 7 4 5 London, UK 6 Frankfurt, DE 3 2 8 12 7 Amsterdam, NL 8 Mumbai, IN 9 10 (Corporate HQ) 11 9 Pune (3 COEs*) 10 Chennai, IN 11 Bengaluru, IN 12 Hyderabad, IN *COE: Centre of excellence
Slide 8: Transformation: Legacy to NEW business
Transformation: Legacy to NEW business Blended growth rate Blended gross margin Multi-year client engagements Growth in revenue from: Reflects cost from: 1) Digital Engineering 1) Digital Engineering & ER&D services & ER&D services Consistent industry- + + leading growth 2) Stable income from legacy
Slide 9: Customer Success Stories
Customer Success Stories Global off-highway World’s largest construction Leading healthcare major Global transportation and equipment manufacturer equipment manufacturer locomotive company AWS Cloud Engineering Automation framework Product Re-design Value Engineering Toolchest Platform Business Issu
Slide 10: Life at Onward Tech
Life at Onward Tech Our team with a client in Illinois Our team with a client in Indiana Our team at the launch of TAP initiative Management team of our International Business Unit Our team at a supplier conference in USA OTL wins HR Award in Bengaluru: Sep 2022 10
Slide 11: Engineering R&D Service Industry
Engineering R&D Service Industry • The year 2021 paved way for an increased focus on ER&D function to drive solutions for challenges USD 2021 Global ER&D Spend related to talent shortage, supply chain diversification, research to fuel growth and meeting rising consumer demand. 120 Bn Expected future
Slide 12: Digital Transformation
Digital Transformation • Global digital engineering is expected to reach USD 385 Billion by 2025, growing at a CAGR of Indian Digital Economy over 11% between 2019 and 2025. • The growth is expected due to new data-driven business models and high demand for digital solutions and build connected prod
Slide 13: Financial Overview
Orrwverrel TRCHNOGOLOGILES Your Imagination. Delivered to Perfection!” FINANCIAL OVERVIEW
Slide 14: Historical Consolidated Profit & Loss
Historical Consolidated Profit & Loss Particulars (INR Mn) FY20* FY21* FY22 Q1-FY23 Operational Income 2,715 2,404 3,073 937 Total Expenses 2,482 2,230 2,859 908 EBITDA 233 172 214 29 EBITDA Margins (%) 8.58% 7.15% 6.96% 3.10% Other Income 11 53 215 21 Depreciation 113 104 101 31 Finance Costs 35 23
Slide 15: Historical Consolidated Balance Sheet
Historical Consolidated Balance Sheet Particulars (INR Mn) FY20 FY21 FY22 Particulars (INR Mn) FY20 FY21 FY22 ASSETS EQUITY AND LIABILITIES Non-Current Assets Equity Property, Plant & Equipment 80 171 366 Share Capital 160 163 220 Intangible assets 41 39 26 Other Equity 520 581 1,412 Intangible asse
Slide 16: Historical Standalone Profit & Loss
Historical Standalone Profit & Loss Particulars (INR Mn) FY20* FY21* FY22 Q1-FY23 Operational Income 1,806 1,727 2,344 691 Total Expenses 1,660 1,531 2,168 652 EBITDA 145 196 176 39 EBITDA Margins (%) 8.03% 11.35% 7.51% 5.64% Other Income 65 85 56 29 Depreciation 102 93 92 30 Finance Costs 33 21 10
Slide 17: Historical Standalone Balance Sheet
Historical Standalone Balance Sheet Particulars (INR Mn) FY20 FY21 FY22 Particulars (INR Mn) FY20 FY21 FY22 ASSETS EQUITY AND LIABILITIES Non-Current Assets Equity Property, Plant & Equipment 70 164 184 Share Capital 160 163 220 Intangible assets 41 39 26 Other Equity 455 573 1,262 Intangible assets
Slide 18: Consolidated Financial Highlights
Consolidated Financial Highlights Revenue (INR Mn) EBITDA (INR Mn) & EBITDA Margin (%) PAT (INR Mn) & PAT Margin (%) 3,073 237 2,715 233 214 2,404 172 8.58% 7.15% 62 73 7.71% 6.96% 937 29 3.04% 12 2.28% 1.28% 3.10% FY20 FY21 FY22 Q1-FY23 FY20 FY21 FY22 Q1-FY23 FY20 FY21 FY22 Q1-FY23 EBITDA EBITDA Ma
Slide 19: Revenue Metrics (Consolidated)
Revenue Metrics (Consolidated) Revenue by Business (%) Revenue by Industry (%) 2% 8% 8% 5% 8% 7% 6% 19% 11% 27% 26% 27% 26% 21% 18% 30% 38% 26% 24% 73% 72% 71% 74% 42% 42% 44% 45% FY20 FY21 FY22 Q1-FY23 FY20 FY21 FY22 Q1-FY23 Industrial & Heavy Machinery Transportation & Mobility ER&D ITS Digital Ot
Slide 20: Capital Market Data
Capital Market Data Stock Market Performance (as on 30th June, 2022) Dividend per Share (INR) 120% 100% 3.00 3.00 80% 60% 40% 1.50 20% 0% -20% Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 FY20 FY21 FY22 Onward Sensex Price Data (as on 30th June, 2022) Sharehold
Slide 21: Disclaimer
Disclaimer Onward 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 all e
Slide 22: Thank You
Ormwvemrel TECHNOLOGIES Your Imagination. Delivered to Perfection”” THANK YOU
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