Mastek Limited · NSE:MASTEK
Mastek — Q3 FY2022 Earnings Presentation
22 slides from Mastek's earnings presentation, Jan 19, 2022
Slide 1: Investor Presentation – Q3FY22
Investor Presentation – Q3FY22 19 January 2022 Presented by: Hiral Chandrana | Global Chief Executive Officer, Mastek Mastek Limited | Investor Presentation 2022 | Arun Agarwal | Global Chief Financial Officer, Mastek
Slide 2: Table of Contents
TABLE OF 01 02 03 CONTENTS Highlights of the Quarter Financial Performance Operational Performance 04 Key Wins for the Quarter Mastek Limited | Investor Presentation 2022 | 2
Slide 3: Highlights of the Quarter
Highlights 01 of the Quarter 02 03 04 Mastek Limited | Investor Presentation 2022 | 3
Slide 4: Highlights of Q3FY22
Highlights of Q3FY22 Q3FY22 revenue at Rs 551.9 crore PAT grew by 18.7% YoY 29.4% Q1 Q2 Q3 Q4 Q3 Rs 83.5 crore PAT 9MFY22 Revenue FY in Q3FY22, 18.7% 22 growth YoY improvement YoY 24.6% YoY revenue growth 32.2% 9MFY22 Op. EBITDA 12 Months Order backlog Total headcount of 4,785 as on 31 at US$ 171.0m
Slide 5: Awards & Recognitions
Awards & Recognitions • Our efforts to provide conducive work environment to all Mastekeers and inclusive practices that support all round talent development was noticed by the Employer Branding Institute along with the World HRD Congress that awarded Mastek the Top Employers brand in Maharashtra fo
Slide 6: Financial Performance
Financial 01 Performance 02 03 04 Mastek Limited | Investor Presentation 2022 | 6
Slide 7: Consistent Financial Performance
Consistent Financial Performance 24.6 % Revenue growth YoY Revenue from Operations (Rs Crore) Operating EBITDA Margin PAT Margin 23.5% 21.1% 21.9% 21.8% 21.1% 21.1% 17.6% 11.9 % 17.3% Op. EBITDA 13.2% 13.3% 13.8% 12.7% 12.2% 12.8% 11.8% 15.7% 15.6% 15.4% growth YoY 14.3% 15.1% 15.0% 11.0% 11.6% 9.1%
Slide 8: Financial Summary – Q3FY22
Financial Summary – Q3FY22 Growth Growth Key Performance Metrics Q3FY22 Q2FY22 Q3FY21 QoQ YoY Revenue from Operations ($mn) $73.6 $72.0 $60.1 3.7% (CC) 20.9% (CC) Revenue from Operations (Rs Crore) 551.9 533.9 442.9 3.4% 24.6% Revenue 46.8% Other Income (Rs Crore) 5.7 7.7 3.9 (25.6)% Total Income (R
Slide 9: Financial Summary – 9MFY22
Financial Summary – 9MFY22 Growth Key Performance Metrics 9MFY22 9MFY21 YoY Revenue from Operations ($mn) $215.7 $165.8 24.2% (CC) Revenue from Operations (Rs Crore) 1,602.3 1,238.7 29.4% Revenue Other Income (Rs Crore) 18.2 24.7 (26.4)% Total Income (Rs Crore) 1,620.5 1,263.3 28.3% Op. EBITDA 341.8
Slide 10: Consolidated Financial Highlights Q3FY22
Comparison: Quarter-on-Quarter and Year-on-Year (Figures in Rs Crore) Consolidated Financial Highlights Q3FY22 Operating EBITDA & Operating Revenue PAT & Margin (%) 12 Months Order Backlog Margin (%) 23.5% 21.1% 15.1% 15.0% 21.1% 15.7% 533.9 551.9 442.9 112.8 116.2 81.5 83.5 1,271.3 946.7 1,154.3 10
Slide 11: Balance Sheet Metrics 9MFY22 - Consolidated
Strengthening the Balance Sheet (Figures in Rs Crore) Balance Sheet Metrics 9MFY22 - Consolidated Return on Capital Free Cash Flow Cash & Cash Equivalent Return on Equity# Employed# 275.6 932.3 848.9 28.9% 31.7% 25.6% 27.3% 189.3 168.0 414.7 14.6% 17.1% FY20 FY21 9MFY22 FY20 FY21 9MFY22 FY20 FY21 9M
Slide 12: Operational Performance
01 Operational Performance 02 03 04 Mastek Limited | Investor Presentation 2022 | 12
Slide 13: Operating Metrics Q3FY22
Operating Metrics Q3FY22 Strengthening our business Q3FY22 Q2FY22 Q3FY21 New Clients Added 25 45 57 Active Client during the Quarter 421 447 472 Client Base Top 5 28.5% 30.8% 30.4% Top 10 44.4% 45.3% 44.2% Total Employee 4,785 4,510 3,602 - Offshore 3,581 3,411 2,541 Employee - Onsite 1,204 1,099 1,
Slide 14: Revenue Analysis Q3FY22 - Consolidated
Balancing our portfolio Revenue Analysis Q3FY22 - Consolidated Revenue by Market Region* Revenue by Contract Type 5.4% 5.7% 6.0% 10.2% 9.0% 9.2% 44.9% 45.7% 49.5% 17.6% 18.2% 18.5% 66.8% 67.1% 66.3% 55.1% 54.3% 50.5% Q3FY21 Q2FY22 Q3FY22 Q3FY21 Q2FY22 Q3FY22 UK & Europe US ME ROW Time & Material Fix
Slide 15: Revenue By Industry Segments Q3FY22
Operational Performance Revenue By Industry Segments* Q3FY22 38.0% 24.1% 14.4% 9.7% 9.1% 4.7% Q3FY22 – Consolidated Government & Education Q2FY22 37.5% 21.2% 16.1% 10.8% 10.1% 4.3% Health & Life Sciences Retail/ Consumer Manufacturing, Engineering & Utilities Q3FY21 35.6% 22.5% 17.1% 9.6% 11.2% 4.0%
Slide 16: Revenue By Practice Line Q3FY22
Operational Performance Revenue By Q3FY22 43.2% 34.4% 11.4% 11.0% Practice Line* Q3FY22 – Consolidated Q2FY22 48.0% 31.6% 12.5% 7.9% Digital & Application Engineering Oracle Cloud & Enterprise Apps Digital Commerce & Experience Q3FY21 47.9% 31.0% 13.9% 7.2% Data, Automation and AI Note (*) : Reclass
Slide 17: Key Wins For The Quarter
Key Wins For 01 The Quarter 02 03 04 Mastek Limited | Investor Presentation 2022 | 17
Slide 18: Public Sector & Government
Key wins for the quarter Public Sector & Government UK UK UK Client: UK Government Department Client: Vehicle Certification Agency Client: The Council provides local (VCA) is the designated UK Vehicle government services to ~435,000 About the deal: Approval authority residents and is responsible for
Slide 19: Healthcare and Lifesciences
Key wins for the quarter Healthcare and Lifesciences UK Americas AMEA Client: NHS Digital Client: A leading US based in-home Client: A leading bio-tech specialist healthcare service provider that provides clinical research organisation in About the deal: Mastek’s largest deal quality care through lo
Slide 20: Financial Services
Key wins for the quarter Financial Services UK AMEA Client: A UK based international home Client: The client is one of the largest and digital credit business, lending to private sector general (non-life) insurance close to 2mn customers across Europe, company based in India Mexico & Australia About
Slide 21: Travel & Logistics, Media/Services, Manufacturing
Key wins for the quarter Travel & Logistics Media/ Services Manufacturing Americas Americas AMEA Client: A billion dollar company and Client: Sales and marketing company Client: The client, an Indian entity, is a nation’s largest asset-based truckload for consumer-packaged goods part of world’s larg
Slide 22: Thank You
THANK YOU Questions & Answers