Slide 1: Investor Presentation Q2FY25
Investor Presentation Q2FY25 Oct 22, 2024
Slide 2: Safe Harbor and Disclaimer
Safe Harbor and Disclaimer Forward Looking Statements Safe Harbor This presentation contains forward-looking statements. In some cases, you can identify these forward-looking statements by the use of words such as “outlook,” “believes,” “expects,” “potential,” “continues,” “may,” “will,” “should,” “
Slide 3: Coforge Q2 revenue up 34.5% YoY
Coforge Q2 revenue up 34.5% YoY Financial Highlights Business Highlights ▪ On consolidated basis, Q2FY25 revenues were up 26.3% QoQ ▪ Robust total order intake of $516 Mn during the quarter and 33.0% YoY on a constant currency basis. ▪ Three large deals signed during the quarter ▪ Revenue for the qu
Slide 4: Revenue up 34.5% Y-o-Y; PAT up 35.6% Y-o-Y in INR terms
Revenue up 34.5% Y-o-Y; PAT* up 35.6% Y-o-Y in INR terms Revenue (INR Mn) 27.5% QoQ 34.5% YoY Adj. EBITDA (INR Mn) 26.7% YoY PAT* (INR Mn) 8.8% QoQ 35.6% YoY 30,623 5,063 2,552 2,346 22,762 24,008 4,286 3,997 1,883 Q2FY24 Q1FY25 Q2FY25 Q2FY24 Q1FY25 Q2FY25 Q2FY24 Q1FY25 Q2FY25 Revenue ($Mn) 26.8% Qo
Slide 5: Q2 FY25 Revenues Mix
Well Diversified Business Portfolio with Increasing Offshoring Revenues By Vertical By Service Offering By Geography 8.1% Q2 FY25 Revenues Mix 25.9% 11.1% 29.4% 17.2% 42.4% 7.6% 33.8% 55.1% 19.1% 23.2% 18.1% Banking & Financial Services (BFS) 9.1% Engineering Insurance Intelligent Automation America
Slide 6: Very Significant Business Momentum Driving Robust Growth
Very Significant Business Momentum Driving Robust Growth FRESH ORDER INTAKE TCV ($ MN) $1,973 $1,958 $1,151 $1,265 $646 $748 $781 $457 $507 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 Q2FY25* New Clients 15 31 40 41 45 47 44 29 38 Added *Q2FY25 TTM intake 6 © Coforge, 2024
Slide 7: High Degree of Visibility Through Contracted Revenues and Repeat Business
High Degree of Visibility Through Contracted Revenues and Repeat Business ORDER BOOK EXECUTABLE OVER NEXT 12 MONTHS ($MN) $1,200 93% 97% 100% 95% 96% 100% 92% 92% $1,200 91% 89% 90% 89% 89% 96% 90% 90% $1,000 $1,000 80% 80% 70% 70% $800 $800 60% 60% $1,305 $600 50% $1,305 $600 50% $1,019 $1,070 40%
Slide 8: De-Risked Operating Profile with Declining Client Concentration
De-Risked Operating Profile with Declining Client Concentration While Increasing Large Account Relationships Top Clients Revenue Contribution Clients by Size 231 45.3% 42.4% 39.0% 38.3% 166 160 34.4% 35.5% 34.5% 34.4% 145 34.0% 32.9% 137 173 115 106 112 118 90 101 32.8% 80 100 30.4% 73 28.3% 27.9% 8
Slide 9: Best-in-Industry Attrition Levels Testament to Coforge Culture
Best-in-Industry Attrition Levels Testament to Coforge Culture Total Global Headcount LTM Attrition % (Excl. BPS) 32,483 1,474 575 26,612 1,133 24,638 24,607 24,726 442 13.3% 13.0% 12.1% 11.5% 11.4% 11.7% 1,147 1,132 1,095 30,434 360 368 388 Excl. Cigniti 11.4% 25,037 23,131 23,107 23,243 Q2FY24 Q3F
Slide 10: Key Tenets of Coforge Growth Strategy
Key Tenets of Coforge Growth Strategy • Q2FY25 revenue growth of 26.3% QoQ and 33.0% YoY in constant Robust currency (CC) Profitable • Q2FY25 Adj. EBITDA margin of 16.5% • Strong executable order book for next 12 months ($1,305 Mn as of Sep Predictable 30, 2024, up 40% YoY) • High degree of repeat b
Slide 11: Appendix
Appendix 11 | © coforge, 2024 Coforge
Slide 12: Consolidated Income Statement – Q2FY25 (USD Mn)
Consolidated Income Statement – Q2FY25 (USD Mn) * Adjusted for Transaction Related expenses # Past liability in Cigniti 12 © Coforge, 2024
Slide 13: Consolidated Income Statement – Q2FY25 (INR Mn)
Consolidated Income Statement – Q2FY25 (INR Mn) * Adjusted for Transaction Related expenses # Past liability in Cigniti 13 © Coforge, 2024
Slide 14: Other Key Metrics
Other Key Metrics Q2FY25 Q1FY25 Q2FY24 Q2FY25 Q1FY25 Q2FY24 DSO (in Million) Position Hedge 60 59 64 USD 213.8 212.2 218.9 GBP 107.5 102.4 94.7 EUR 8.8 8.9 8.8 Q2FY25 Q1FY25 Q2FY24 Q2FY25 Q1FY25 Q2FY24 Rupee Outstandin Dollar Rate g Hedges Average Period Closing Rate 83.79 83.37 83.08 Rates USD 84.7
Slide 15: Let’s engage!
Let’s engage! Icon Icon A white circle with a black background Logo, icon Description automatically generated Description automatically generated Description automatically generated with low confidence Description automatically generated 15 © Coforge, 2024