Cigniti Technologies Limited · NSE:CIGNITITEC
Cigniti Technologies — Q2 FY2024 Earnings Presentation
18 slides from Cigniti Technologies's earnings presentation, Nov 6, 2023
Slide 1: Exchange filing cover letter for Q2 FY 2023-24 investor presentation
6th November 2023 National Stock Exchange of India Ltd, BSE Limited Exchange Plaza, Bandra Kurla Complex, P.J. Towers, Dalal Street Bandra (East), Mumbai – 400051. Mumbai - 400001. Fax No.26598237/26598238 Fax No.22722037/22723121 Name of Scrip: CIGNITITEC Scrip code: 534758 Dear Sir / Madam, Sub: I
Slide 2: Investor Update Q2 & H1 FY24
Cigniti Technologies Ltd. Investor Update Q2 & H1 FY24 World's Leading AI & IP-led Digital Assurance & Digital Engineering Services Company
Slide 3: Q2 FY24 Highlights
Q2 FY24 Highlights » The Company’s Consolidated Revenue from operations for 451.83 215+ the quarter Q2’FY24 stood at Rs. 451.83 crore as against Rs. Active Clients 416.66 crore corresponding quarter Q2’FY23 up by 8.4%. Revenue (INR in Cr.) 50+ Fortune 500 Clients » EBITDA margin for the September qu
Slide 4: Q2FY24 Financials (INR in Cr.)
Q2FY24 Financials (INR in Cr.) Revenue Q o Q Revenue Y o Y T www.cigniti.com | Unsolicited Distribution is Restricted. Copyright @ 2023, Cigniti Technologies 3
Slide 5: Client Composition / Geography Mix of Revenue
Client Composition / Geography Mix of Revenue CLIENT CONTRIBUTION TO REVENUE (%) ACTIVE CLIENTS AND NEW CLIENTS Clients Q1 Q2 Number of Clients 212 218 New Clients Added 6 9 www.cigniti.com | Unsolicited Distribution is Restricted. Copyright @ 2023, Cigniti Technologies 4
Slide 6: Delivery Metrics Q2 FY24
Delivery Metrics Q2 FY24 www.cigniti.com | Unsolicited Distribution is Restricted. Copyright @ 2023, Cigniti Technologies 5
Slide 7: Revenue By Sector (%)
Revenue By Sector (%) www.cigniti.com | Unsolicited Distribution is Restricted. Copyright @ 2023, Cigniti Technologies 6
Slide 8: Cigniti – Assure | Engineer | Transform – Digital. Done. Right.
Cigniti – Assure | Engineer | Transform – Digital. Done. Right.TM Digital Assurance Services Digital Engineering Services Strategic Digital Transformation Partner www.cigniti.com | Unsolicited Distribution is Restricted. Copyright @ 2023, Cigniti Technologies 7
Slide 9: Accelerating Digital Transformation - an IP & Platform-led Approach
Accelerating Digital Transformation - an IP & Platform-led Approach BlueSwanTM ZastraTM AI-led & next-gen proprietary Digital Enterprise-grade annotation & collaboration Assurance platform platform for computer vision projects Verita Incight Data Ingestion from S3 / AI-enabled Quality Customer Digit
Slide 10: Our Key Service Offerings
Our Key Service Offerings Quality Engineering • Automated Functional Testing • TEM & TDM Digital Assurance • Non-functional Testing • Service Virtualization • Mobility • Customer Experience • Monitoring & Analysis • End to End Automation • Analytics • Cloud Native Application Testing • Performance E
Slide 11: Our Driving Force
Our Driving Force Management Advisory Council Board Srikanth Chakkilam C V Subramanyam RK Agarwal, Independent CEO & Non-executive Ramnik Kamo Chairman & Non-executive EVP, CIO, & Chief People Officer, Director Director Director Mavenir Dr. Aiman Abdel-Malek Phaneesh Murthy, Executive Chairman, Advi
Slide 12: Awards & Recognitions
Awards & Recognitions Awards & Recognitions » Everest Group & NelsonHall recognized Cigniti again as a QE ‘Leader’ in QE Specialist Services PEAK Matrix Assessment 2023 & in NEAT 2023 respectively. ISG recognized Cigniti as a Product Challenger & Contender in the US & Europe regions in ISG Provider
Slide 13: Financial Highlights Q2 FY24 - Consolidated
Financial Highlights Q2 FY24 - Consolidated All values are in INR Million Particulars Q2FY24 Q2FY23 Y-o-Y % Q1FY24 Q-o-Q % Income Revenue from operations 4,518 4,167 8.4% 4,395 2.8% Revenue from operations ($M) $54.65 $52.37 $53.50 Expenses Employee benefit expense 2,717 2,409 12.8% 2,672 1.7% Hired
Slide 14: Financial Highlights H1 FY24 - Consolidated
Financial Highlights H1 FY24 - Consolidated All values are in INR Million Particulars H1 FY24 H1 FY23 Y-o-Y % FY 2023 Income Revenue from operations 8,914 7,946 12.2% 16,475 Revenue from operations ($M) $108.14 $101.54 $206 Expenses Employee benefit expense 5,389 4,703 14.6% 9,644 Hired Contractors
Slide 15: Cigniti's Consolidated Balance Sheet
Cigniti’s Consolidated Balance Sheet All values are in INR Million Particulars9 H1 FY24 FY23 Particulars H1 FY24 FY23 Property Plant & equipment 256 302 Equity & Liabilities Right-to-use asset 235 188 Equity share capital 273 273 Goodwill 740 740 Other equity 6,409 5,621 Capital WIP - - Sub total 6,
Slide 16: Cashflow Generation
Cashflow Generation Cash Generation All Figures in INR Mn. H1’ FY 2024 H1’ FY 2023 Profit before tax 1,200 943 Cash and cash equivalents (including fixed deposits) at a healthy levels of Rs. 944 Mn.. (+/-) Non-cash & non operating Items 100 149 Operating Profit before WC Changes 1,301 1,092 Comp
Slide 17: Disclaimer
Disclaimer This presentation is strictly confidential and may not be copied, published, distributed or transmitted. The information in this presentation is being provided by Cigniti Technologies Ltd. (also referred to as ‘Company’). By attending a meeting where this presentation is made, or by readi
Slide 18: Global office locations
India USA Hyderabad Dallas Cigniti Technologies Ltd. Cigniti Technologies Inc. 6th Floor, ORION Block, International Tech 433 E Las Colinas Blvd, Park, Plot #17 Software Units Layout Suite 1300, Irving, TX 75039 Madhapur, Hyderabad-500081 USA Canada UK 630 Freedom Business Center, Cigniti Technologi
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