Newgen Software Technologies Limited · NSE:NEWGEN
Newgen Software Technologies — Q3 FY2024 Earnings Presentation
33 slides from Newgen Software Technologies's earnings presentation, Jan 17, 2024
Slide 1: Exchange filing cover letter: Investor Presentation and Press Release
Newgen Software Technologies Limited CIN: L72200DL 1992PLC049074, Registered Office: E-44/13, Okhla Phase II, New Delhi 110020, India Tel: +91 11 46533200, 26384060, 26384146 Fax:+91 11 26383963 Date: 16th January 2024 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, E
Slide 2: Newgen Software Technologies Ltd. Q3 FY'24 Investor Presentation
Newgen Software Technologies Ltd. Q3 FY’24 Investor Presentation 1 | Newgen Software. Privileged and Confidential Information. Copyright ©2021. All rights reserved.
Slide 3: Newgen – Business Highlights (FY'23)
Newgen – Business Highlights (FY’23) Established in 1992 Over 520+ active customers (1) Direct presence one world, one workplace in 7 countries (Customers across 74 countries) 17 verticals Partner with leading ~3,800 Personnel Major Verticals including GSIs (with ~570 personnel in R&D Banking & FS,
Slide 4: Newgen – Financial Snapshot (FY'23)
Newgen – Financial Snapshot (FY’23) Rs 9,768 Million Rs 10,080 Million Rs 3,227 Million Networth Total Income Subscription Revenues* (25% YoY Growth) (31% YoY Growth) Rs 1,366 Million with over Rs 1,000Mn SaaS revenues Cash Flow from Operations Rs 12,905 Million(3) Rs 2,122 Million Rs 1,763 Million
Slide 5: Enterprise-wide unified digital transformation platform provider
Newgen: Enterprise-wide unified digital transformation platform provider Digitize Process & Adapt Communicate Data Science Omnichannel Contextual Content Low Code Process Customer Automation (BPM) Artificial Services (ECM) Engagement (CCM) Intelligence Cloud OmniDocs iBPS OmniOMS Deliver Manage cont
Slide 6: Holistic Transformation with NewgenONE
Holistic Transformation with — NewgenONE Low Code Application Development Process Automation No Code/Low Code Business Process Management Portal Interface Development Journey Orchestration RPA Mobile App Development Business Operations Dashboard Business Rules Management Process Op
Slide 7: Business Applications Range in Complexity of Process & Information
Business Applications Range in Complexity of Process & Information Complex, Enterprise-wide Business Processes Traditionally Strong Comprehensive Digital NewgenONE digital Process Automation Complex Information Transformation Platforms Simple Information Platforms transformation platform is a compre
Slide 8: What Makes NewgenONE Stand Out!
What Makes NewgenONE Stand Out! A natively-built, unified, hyperautomation platform for complex, content-driven, and customer- engaging business applications Focused on professional IT Domain expertise packaged Global SI partnerships for developers for agility and as composable components reach and
Slide 9: NewgenONE With Contextual Content Services Capability
NewgenONE With Contextual Content Services Capability… Digitize Workplace with Contextual Automation, Compliance, and Intelligence – On Cloud Channels of Scan Social Web Portal Engagement Office E-mail Mobile Capture Process Store Extend Document Cloud Professional Content Automated Content Industry
Slide 10: NewgenONE With Low Code Process Automation Capability
NewgenONE With Low Code Process Automation Capability… Rapid Application Development for Deep and Complex Business Applications – Across Devices Social Web Portal Mobile In-Person Web/Message/Scan Business Applications Financial Government Insurance Shared Services Other Institutions /PSU Entities C
Slide 11: NewgenONE With Personalized Customer Engagement Capability
NewgenONE With Personalized Customer Engagement Capability… Use the Business Data and Manage the Communication Output – Personalized and at Scale Enterprise Use Cases Batch On-Demand One-to-One Workflow-driven Communication Response Correspondence Communication Branding and Multi-Lingual Whitespace
Slide 12: Newgen AI Cloud – A unified platform for all data science needs
Newgen AI Cloud – A unified platform for all data science needs
Slide 13: Trusted by Leading Analysts
Trusted by Leading Analysts A Strong Performer in The Forrester Wave : Digital Process A “Niche Player” in Gartner® Magic Quadrant for Enterprise Low-Code Automation Software, Q4 2023 Application Platforms, October 2023, published on 17th October 2023, et al. A “Leader” in The Forrester Wave :
Slide 14: Resilient Business Model in Place
Resilient Business Model in Place 61% 18% 21% Large annuity revenues streams Annuity Revenues(1) Sale of Products Sale of Services FY23 Revenue Split by Segment 66% 9% 8% 7% 3% 7% Mission critical solutions across key verticals Banking & FS Govt. Insurance Health BPO Others FY23 Revenue Split by Seg
Slide 15: Innovation at the Core
Innovation at the Core Investment of 10% of revenues in R&D initiatives in FY’23 44 patents filings, 23 granted till date NewgenONE platform (new generation) backed with a cloud-native, multi- persona AI/ML data science platform, enhanced document classification and extraction capabilities, integrat
Slide 16: Our Go-to-market
Our Go-to-market Strategy Across Regions and Verticals is Based on Direct System Integrators-led go-to-market Targeting Presence Supported by Partner Ecosystem Fortune 2000 Enterprises in Mature Markets ~380* Employees in Sales & Marketing/ Solutioning Increasing traction in the developed market
Slide 17: Strong Acceleration in Annuity and Subscription Revenues
Strong Acceleration in Annuity and Subscription Revenues Annuity Revenues (INR Mn) Subscription Revenues (INR Mn) SaaS Revenues (INR Mn) (INRm) (INRm) (INRm) 22% 27% 54% (FY’18-23 CAGR) 5,945 (FY’18-23 CAGR) (FY’18-23 CAGR) 3,227 4,565 2,461 3,871 3,686 2,002 998 3,030 1,686 2,209 1,275 618 496 961
Slide 18: Growing Large Customer Base with low client concentration
Growing Large Customer Base with low client concentration Increasing base of customers with over Low Client Concentration Rs 50Mn billing 40% 34% 34% 35% 30% 26% 22% 24% 17% 20% 26 38 51 15% 15% 10% 0% FY’21 FY’22 FY’23 Top 5 Top 10 Top 20 FY'21 FY'22 FY'23
Slide 19: Board of Directors
Board of Directors Diwakar Nigam T.S. Varadarajan Priyadarshini Nigam Chairman and Whole Whole Managing Director Time Director Time Director Padmaja Krishnan Saurabh Srivastava Subramaniam Kaushik Dutta Independent Independent Ramnath Iyer Independent Director Director Independent Director Director
Slide 20: Leadership Team
Leadership Team Diwakar Nigam Virender Jeet Chairman and Managing Director Chief Executive Officer Tarun Nandwani Dr. S.J. Raj Chief Operating Officer EVP – Global Business Strategy and HR Anand Raman Arun Kumar Gupta EVP & COO - Newgen Software Inc. Chief Financial Officer Rajvinder Singh Kohli Sr.
Slide 21: Leadership Team
Leadership Team R. Krishna Kumar Ashok Kapoor Sunil Pandita Vivek Bhatnagar Prashant Sahai Pramod Kumar Sandeep Hinduja VP – Sales VP – Customer VP – Sales (India) VP –Sales (EMEA) VP – Sales VP – Sales (APAC) VP – Sales (US) (Australia) Experience (Middle East) Vivek Mani Arpan Bansal Nikhil Sawhne
Slide 22: Q3 FY'24 Results
Q3 FY’24 Results
Slide 23: Financial Summary (Consolidated)
Financial Summary (Consolidated) Q3FY24 Q3FY23 YoY Q2FY24 QoQ 9M FY24 9M FY23 YoY Particulars (Unaudited) (Unaudited) Growth (Unaudited) Growth (Unaudited) (Unaudited) Growth Revenue from (INR Mn) Revenue 3,237 2,549 27.0% 2,932 10.4% 8,686 6,689 29.8% operations Other Income 112 94 18.8% 93 19.5% 3
Slide 24: Revenues Across Verticals and Geographies
Revenues Across Verticals and Geographies Q3 FY’24 Revenue Split by Segment Q3 FY’24 Revenue Split by Vertical Q3 FY’24 Revenue Split by Geography Implementation Sale of APAC (Ex-India) & other services Products 13% 24% 17% Healthcare Others 7% 5% India Insurance 10% 34% SaaS USA BPO/IT 11% 2% 22% G
Slide 25: Key Business Highlights
Key Business Highlights Recognized as a ‘Strong Performer’ in The Forrester Wave : Digital Process Automation Software (DPA), Q4 2023* Newgen positioned as a Leader in Everest Group's Low-code Technology Providers in Insurance – Products PEAK Matrix® Assessment 2023 Recognized as a “Niche Play
Slide 26: Key Business Highlights
Key Business Highlights Key Customer Orders: o Further strengthened the collaboration with an Indian public sector bank by providing the crucial Trade Finance and Supply Chain Finance solution. The total order value is Rs 18 crores. o Continuing with the strong order momentum in India, won an orde
Slide 27: Debtors Days
Debtors Days Debtor Days (Based on Net Debtors) 160 145 140 126 120 111 115 102 105 106 100 80 60 40 20 0 Q1 FY'23 Q2 FY'23 Q3 FY'23 Q4 FY'23 Q1 FY'24 Q2 FY'24 Q3 FY'24 Note: The business is seasonal in nature with proportionately higher revenues and debtor days in the year end period (March)
Slide 28: Disclaimer
New Delhi, IN Disclaimer ! Mississauga, ON London, UK Mumbai, IN This presentation may contain certain forward-looking Riyadh, KSA statements concerning Newgen Software Technologies’ future business prospects and business profitability, which are subject to several risks and uncertainties and the ac
Slide 29: P&L Statement
P&L Statement (All amounts in INR Mn, except per share data and unless otherwise stated) Q3 FY 2024 Q3 FY 2023 Q2 FY 2024 Revenue Revenue from operations 3,236.5 2,549.2 2,932.4 Other income 111.5 93.9 93.4 Total revenue 3,348.1 2,643.0 3,025.7 Expenses Employee benefits 1,584.8 1,304.1 1,566.3 Fina
Slide 30: Your Trusted Digital Transformation Partner
Your Trusted Digital Transformation Partner info@newgensoft.com www.newgensoft.com
Slide 31: Press Release: Revenues up 30% YoY; Profit after Tax up 51% YoY
PRESS RELEASE Revenues at Rs 869 cr in 9M FY’24, up 30% YoY; Profit after Tax at Rs 146 cr, up 51% YoY New Delhi, India – January 16, 2024 The management of Newgen Software Technologies Ltd. announced results for the quarter ended December 31, 2023 at its Board Meeting held on January 16, 2024. Key
Slide 32: Key Consolidated Financial Highlights (9M FY'24)
Key Consolidated Financial Highlights (9M FY’24) Revenue from operations (consolidated) witnessed a strong growth at Rs 869 crore as compared to Rs 669 crore in 9M FY’23 (up 30% YoY). Profit after tax stood at Rs 146 crore in the first nine months of the year, up 51% YoY compared to Rs 97 crore in 9
Slide 33: Key Customer Orders
Key Customer Orders o Further strengthened the collaboration with an Indian public sector bank by providing the crucial Trade Finance and Supply Chain Finance solution. The total order value is Rs 18 crores. o Continuing with the strong order momentum in India, won an order from a leading player i
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