Intellect Design Arena Ltd · NSE:INTELLECT
Intellect Design Arena — Q4 FY24 Earnings Presentation
42 slides from Intellect Design Arena's earnings presentation, May 9, 2024
Slide 1: Intimation to stock exchanges under Regulation 30
Intellect/SEC/2024-25 May 09, 2024 1. National Stock Exchange of India Limited, Scrip Symbol : Exchange Plaza, 5th Floor, Plot No. C/1, G Block, INTELLECT Bandra Kurla Complex, Bandra (E), Mumbai – 400 051. 2. BSE Limited, Scrip Code : 1st Floor, New Trade Ring, Rotunda Building, PJ Towers, 538835 D
Slide 2: Q4 and FY24 Results Earnings Announcement
The World’s only NextGen Q4 and FY24 Results Open Finance, Composable Earnings Announcement and Contextual Financial Technology Company
Slide 3: Safe Harbour Statement
Safe Harbour 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
Slide 4: Intellect: A Global Financial Technology Company
Intellect: A Global Financial technology Company The World's Only Nextgen, Composable and Contextual Financial Technology Platform Our Purpose To provide Large Enterprise Grade • Accelerating digital transformation and value creation Composable and Contextual solutions • With Design Thinking in our
Slide 5: Design is at the Heart of Digital Strategy
Design is at the Heart of Digital Strategy The single most powerful competitive differentiator for financial institutions to drive Digital Leadership Understanding Requirements Stated / Felt / Unstated Observing Patterns Connecting the dots World’s first design center 8012 FinTech Design Business, T
Slide 6: The 'First Principles' technology suite
The ‘First Principles’ technology suite for Technology Savvy bankers 329 1757 535 ready-to-use Microservices APIs Events on Cloud Composable Platform Contextual Platform iTurmeric Purple Fabric © 2024, Intellect Design Arena Limited. All rights reserved. These materials are confidential and propriet
Slide 7: Performance Overview
Performance Overview © 2024, 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 sto
Slide 8: Financial Highlights
Financial Highlights Quarterly Financials - With and Without GeM Q4 FY 24 Q3 FY 24 Q4 FY 23 Growth YoY Growth QoQ With Without With Without With Without With Without With Without GeM GeM GeM GeM GeM GeM GeM% GeM% GeM% GeM% REVENUE 612 603 635 571 621 532 -1% 13% -4% 6% EBITDA 137 155 132 135 143 127
Slide 9: Q4FY24 - Financial Highlights
Q4FY24 - Financial Highlights 612 Cr 56 Cr 354 Cr 58% 307 Cr Licence Linked Revenue (INR) Total Revenue Platform Gross Margin Gross (License + Platform + AMC Revenues) (INR) Revenue (INR) (INR) Margin% 695 Cr 134 Cr 118 Cr 137 Cr 22% Annual Recurring Revenue (ARR) (On Annualised Basis) License (INR)
Slide 10: FY 23-24 - Financial Highlights
FY 23-24 - Financial Highlights 2,513 Cr 455 Cr 1,404 Cr 56% 1,349 Cr Licence Linked Revenue (INR) Total Revenue Platform Gross Margin Gross (License + Platform + AMC Revenues) (INR) Revenue (INR) (INR) Margin% 903 Cr 445 Cr 448 Cr 549 Cr 22% Annual Recurring Revenue (ARR) (On Annualised Basis) Lice
Slide 11: Predictable and Sustainable Growth
Predictable and Sustainable Growth Cash: Cash position as of Q4FY24 is 776 LTM Revenue: 19% CAGR in 3 Cr with Collections crossing 2330 Cr in FY24 years and 12% YoY 1 7 (excl. GeM: 14% YoY) DSO: Days sales outstanding for 22 LTM LLR: 18% CAGR in 3 Q4FY24 is 122 years and 15% YoY (excl. GeM 89 days)
Slide 12: Revenue Mix: Currency Wise Q4FY24
Revenue Mix: Currency Wise Q4FY24 EURO 10% OTHERS 8% USD 43% INR 19% CAD 5% © 2024, Intellect Design Arena Limited. GBP 15% 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, elec
Slide 13: Audited Financial Results for the Fourth Quarter and Financial Year Ended March 31, 2024
Audited Financial Results for the Fourth Quarter and Financial Year Ended – March 31, 2024 Additional Information on function wise classification of the statement of Profit and Loss of the Group INR Cr Quarter Ended Half Year Ended Full Year Ended 22 Particulars Mar 31, 2024 Mar 31, 2023 Mar 31, 202
Slide 14: Accelerating growth with eMACH.ai
Accelerating growth with eMACH.ai eMACH.ai accelerates growth with 16 Deal Wins (Including 8 Destiny Deals) and 18 Digital Transformations in Q4FY24 © 2024, Intellect Design Arena Limited. All rights reserved. These materials are confidential and proprietary to Intellect and no part of these materia
Slide 15: Deal Wins in North America
8 Deal Wins in North America One of the largest Regional A Top 5 Canadian Bank with asset Commercial Banks with an size of USD 975+ Bn and operations Incarnation Specialty selects IntellectAI’s Fortitude, a leading national property & end-to-end underwriting ecosystem, casualty insurance company in
Slide 16: Deal Wins in Europe and Middle East & Africa
1 Deal Win in Europe 2 Deal Wins in the Middle East & Africa VakifBank International AG, having an asset size of USD 98+ Bn, A full-service fast growing Corporate & Commercial Bank chose the iGCB’s eMACH.ai-based Digital Core and Lending with an asset size of AED 51,719.8 Mn in UAE with platform for
Slide 17: Deal Wins in India
3 Deal Wins in India An Indian multinational bank & A Top 3 bank in India with A new age Universal Bank financial services company and asset size close to USD in India with an asset size of a current partner with Intellect 182+ Bn chose to modernise USD 37+ Bn extended its with an asset size of USD
Slide 18: Deal Wins in APAC and ANZ
2 Deal Wins in APAC and ANZ Following the implementation of VCB CashUp, Vietcombank (with an A robust commercial banking business, leveraging asset size of USD 74+ Bn) experienced notable improvements in revenue its extensive network spanning 34 markets and generation, operational efficiency, and cu
Slide 19: eMACH.ai Acknowledged as a Transformative Open Finance Platform
eMACH.ai Acknowledged as a Transformative Open Finance Platform by industry Gartner Datos Insights Intellect was recognised as a Sample Vendor for Application IntellectAI was recognised as a PROMINENT Traditional Composition Technology in the 2024 Gartner® Report on Emerging Underwriting Workbench P
Slide 20: Strong Funnel Progression for the Year
Strong Funnel Progression for the Year The current funnel of Intellect Destiny Q4FY24 Q3FY24 Q4FY23 INR 8138 Cr INR 8020 Cr Deals INR 7041 Cr # Of Deals 84 79 70 Avg Deal Q4 FY 24 Q3 FY 24 Q4 FY 23 Size 54 53 44 INR Cr Q4FY24 Q3FY24 Q4FY23 Out of INR 8,138 Cr Out of INR 8,020 Cr As % of funnel value
Slide 21: Destiny Deals - consistent growth in big ticket deals
Destiny Deals - consistent growth in big ticket deals Q4FY24 Q3FY24 Q4FY23 ● 3 Won > INR 50 Cr 23 ● 1 Lost ● 15 from previous qtr 19 17 ● 8 added ● 2 Won INR 30 Cr – ● 1 Lost INR 50 Cr 27 25 24 ● 22 from previous qtr ● 5 added ● 3 Won INR 20 Cr – ● 2 Lost 35 29 34 INR 30 Cr ● 30 from previous qtr ●
Slide 22: Board Announcements
Board Announcements © 2024, 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 stor
Slide 23: Board Announcements
Board Announcements In line with the Dividend Distribution Policy of the Company, the Board has recommended a final dividend of Rs. 3.50 per share on the face value of Rs 5/- each on equity shares, for the financial year ended March 31, 2024, subject to the approval of shareholders at the ensuing An
Slide 24: Launch of New Platforms
Launch of New Platforms Powered by eMACH.ai Architecture © 2024, 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 includ
Slide 25: eMACH.ai extended to Procurement and Accounts Payable
We observed that our first principle-built technology suite, eMACH.ai has the potential to expand to a larger ecosystem to cover areas such as Procurement and Accounts Payable. We have extended the utilisation of eMACH.ai to include large Corporates and Governments through three new platforms launch
Slide 26: © 2024, Intellect Design Arena Limited. All rights reserved. These materials are confidential and
© 2024, 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
Slide 27: 350 Global Experts | 31 Countries | 2 Boot Camps | 1 Purpose Setting
© 2024, 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 350 Global Experts | 31 Countries | 2 Boot Camps | 1 Purpose in
Slide 28: Global eMACH.ai Summit 2024
Global eMACH.ai Summit 2024 The world's first Open Finance Summit, a landmark event in the fintech industry, sets the stage for an unprecedented convergence of ideas, innovation and leadership on the future of banking technology. ● Organising the Thinking Space ● Expanding the Performance Space ● Im
Slide 29: Global eMACH.ai Summit 2024
Global eMACH.ai Summit 2024 Summit was designed around three key themes: learning, collaboration, and alignment. Two intensive boot camps, pre- and post-boot camps on AI and iTurmeric, kicked off the event. iTurmeric MACH Composable Contextual Technology using Technology Boot Camp Purple Fabric Boot
Slide 30: The old order changeth, giving way to eMACH.ai!
The old order changeth, giving way to eMACH.ai ! The eMACH disruption is structured around three pivotal shifts. While some companies may excel in one of these pivots, eMACH encompasses all 3, bringing it all together ! 1 2 3 From Product to Enterprise Siloed From Coding Customer Knowledge to to Com
Slide 31: eMACH.ai Open Finance Platforms
Core, Lending, Wealth, Payments, Transform Enterprise DTB, Cards, Treasury, Trade, SCF, Custody, iGPX, iCPX Transform Operations By Embedded AI Expert Agents, Risk eMACH.ai Analyst, Underwriting Workstation Open Finance Platforms Transform Experience RM Office, Corporate, SME, Retail Banking Exchang
Slide 32: Growth Opportunities
Global eMACH.ai Summit 2024 Impacting the Business Outcome 01 03 Growth Leverage our Customer Canvas - Deepen and Broaden Country Choose the Right Proposition & Become a "Trusted Coverage - Business Model - Opportunities Advisor" and increase our footprint with Leverage market presence (and partners
Slide 33: © 2024, Intellect Design Arena Limited. All rights reserved. These materials are confidential and
© 2024, 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
Slide 34: Global Events
Global Events © 2024, 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
Slide 35: Global Launch of eMACH.ai
Global Launch of eMACH.ai Banktech Wave 5, Mumbai, 21 Feb 2023 Dubai, 22nd Feb 2024 Paris, 20th March 2024 London, © 2024, Intellect Design21st Arena March Limited. 2024 eMACH.ai & Intellect Design Thinking Design Thinking For Digital Enterprise Residential All rights reserved. These materials are c
Slide 36: Global Events
Global Events Sibos 2023 iGTB Oxford 2023 Money 20/20 GTR East Africa 2023 Toronto, 18-21 Sep 2023 Oxford, 17-19 May 2023 Amsterdam, 6-8 June 2023 Nairobi, 14-15 June 2023 © 2024, Intellect Design Arena Limited. All rights reserved. These materials are confidential and proprietary to Intellect and n
Slide 37: Sustainability at Intellect
Sustainability at Intellect © 2024, 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 informat
Slide 38: Intellect Reports on 12 out of 17 SDGs
Intellect Reports on 12 out of 17 SDGs © 2024, 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 a
Slide 39: Intellect Materiality
Intellect Materiality Based on GRI framework Intellect reports on the material topics which are in HIGH-HIGH zone © 2024, 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
Slide 40: Stock Information
Stock Information Shareholding Pattern (As on 31st March 2024) Stock Data (As on 31st March 2024) Market Cap ₹ 15431 Cr. Stock Price 1128 Promoters Others 52 Week (High / Low) ₹ 1199/413 NSE / BSE - Symbol INTELLECT / 538835 FPI No. of Shares Outstanding 136796413 3.07% Mutual Funds Average Daily Vo
Slide 41: Contacts
Contacts Vasudha Subramaniam Praveen Malik Nachu Nagappan Chief Financial Officer Investor Relations Corporate Communication vasudha.s@intellectdesign.com +91 8939782837 +91 8939619676 praveen.malik@intellectdesign.com nachu.nagappan@intellectdesign.com © 2024, Intellect Design Arena Limited. All ri
Slide 42: © 2024, Intellect Design Arena Limited. All rights reserved. These materials are confidential and
© 2024, 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
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