Newgen Software Technologies Limited · NSE:NEWGEN
Newgen Software Technologies — Q1 FY2024 Earnings Presentation
32 slides from Newgen Software Technologies's earnings presentation, Jul 19, 2023
Slide 1: Exchange filing cover letter
'?tj newgen 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: 19th July 2023 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy
Slide 2: Newgen Software Technologies Ltd. Q1 FY'24 Investor Presentation
Newgen Software Technologies Ltd. Q1 FY’24 Investor Presentation 1 | Newgen Software. Privileged and Confidential Information. Copyright ©2021. All rights reserved.
Slide 3: Newgen – Business Highlights (FY'23)
~ newgen •• 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
Slide 4: Newgen – Financial Snapshot (FY'23)
~ newgen •• 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,
Slide 5: Enterprise-wide unified digital transformation platform provider
~ newgen •• 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
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
~ newgen •• 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
Slide 8: What Makes NewgenONE Stand Out!
~ newgen •• 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 component
Slide 9: NewgenONE With Contextual Content Services Capability
~ newgen •• NewgenONE With Contextual Content Services Capability… Digitize Workplace with Contextual Automation, Compliance, and Intelligence – On Cloud Channels of 0 Scan Social Web Portal Engagement Office E-mail Mobile Capture Process Store Extend Document Cloud Professional Content Automated Co
Slide 10: NewgenONE With Low Code Process Automation Capability
~ newgen •• NewgenONE With Low Code Process Automation Capability… Rapid Application Development for Deep and Complex Business Applications – Across Devices ~ li Social Web Portal Mobile In-Person Web/Message/Scan Business Applications ~ ...... -1111 Financial Government ft Insurance Shared Services
Slide 11: NewgenONE With Personalized Customer Engagement Capability
~ newgen •• 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
Slide 12: Newgen AI Cloud – A unified platform for all data science needs
~ newgen •• Newgen AI Cloud – A unified platform for all data science needs Data Ope1 r ations Machine Lea 1 r ninq ML Operations Prepare, b lend, cleanse, Expe ri ment,. iterate, Deploy, mon it or, an d explore d ata t o d evelop, an d select t he retrain, govern, an d creat e d ata assets ready be
Slide 13: Trusted by Leading Analysts
~ newgen •• Trusted by Leading Analysts FORRE TER A “Leader” in The Forrester Wave™: Content Platforms, Q1 2023, authored Gartner: A “Niche Player” in Gartner® Magic Quadrant™ for Enterprise Low-Code 0 A Leader in Enterprise G2 Grid®: ECM Software for Enterprise by Cheryl McKinnon et al. Appli
Slide 14: Resilient Business Model in Place
~ newgen •• 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
Slide 15: Innovation at the Core
~ newgen •• 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 capabiliti
Slide 16: Our Go-to-market
~ newgen •• 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 Over 330* Employees in Sales & Marketing/ Increasing traction in the developed ma
Slide 17: Strong Acceleration in Annuity and Subscription Revenues
~ newgen - 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 6
Slide 18: Growing Large Customer Base with low client concentration
~ newgen •• 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 UNLOCK SIMPLE
Slide 19: Board of Directors
1?3j newgen •• 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 Dir
Slide 20: Leadership Team
t?fj newgen •• 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
Slide 21: Leadership Team
'?tj newgen 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 N
Slide 22: Q1 FY'24 Results
Q1 FY’24 Results
Slide 23: Financial Summary Q1 FY24 (Consolidated)
~ newgen •• Financial SummaryQ1FY24 (Consolidated) Q1FY23 YoY Q4FY23 QoQ FY23 FY22 YoY Particulars (Unaudited) (Unaudited) Growth (Unaudited) Growth (Audited) (Audited) Growth Revenue from (INR Mn) Revenue 2,517 1,879 33.9% 3,051 -17.5% 9,740 7,790 25.0% operations Other Income 125 101 23.4% 79 58.8
Slide 24: Revenues Across Verticals and Geographies
~ newgen •• Revenues Across Verticals and Geographies Q1 FY’24 Revenue Split by Segment Q1 FY’24 Revenue Split by Vertical Q1 FY’24 Revenue Split by Geography Implementation Sale of APAC (Ex-India) & other services Products 11% 17% 17% Healthcare Others India 6% 11% 31% Insurance SaaS 7% USA 11% BPO
Slide 25: Key Business Highlights
~ newgen •• Key Business Highlights 13 new customer logo additions in the quarter New orders wins include: o Providing Digital account opening solution for a privately held bank in the Americas region o Providing Lending Origination and Management Solution to a leading diversified business group
Slide 26: Debtors Days
~ newgen •• Debtors Days Debtor Days (Based on Net Debtors) 160 145 140 129 131 122 126 120 111 115 100 102 97 95 100 90 87 80 60 40 20 0 Q1 FY'21 Q2 FY'21 Q3 FY'21 Q4 FY'21 Q1 FY'22 Q2 FY'22 Q3 FY'22 Q4 FY'22 Q1 FY'23 Q2 FY'23 Q3 FY'23 Q4 FY'23 Q1 FY'24 UNLOCK SIMPLE Note: The business is seasonal
Slide 27: Disclaimer
New Delhi, IN Disclaimer ! •• Mississauga, ON London, UK Mumbai, IN This presentation may contain certain forward-looking statements concerning Newgen Software Technologies’ future business prospects and business profitability, which are subject to several risks and uncertainties and the actual resu
Slide 28: P&L Statement
~ newgen P&L Statement •• (All amounts in INR Mn, except per share data and unless otherwise stated) Q1 FY 2024 Q1 FY 2023 Q4 FY 2023 FY 2023 FY 2022 Revenue Revenue from operations 2,516.7 1,879.0 3,050.5 9,739.8 7,789.6 Other income 125.1 101.4 78.8 339.9 299.1 Total revenue 2,641.8 1,980.3 3,129.
Slide 29: Your Trusted Digital Transformation Partner
Your Trusted Digital Transformation Partner info@newgensoft.com www.newgensoft.com
Slide 30: Press Release: Revenues up 34% Q1 YoY; Profit after Tax up 57%
PRESS RELEASE Revenues at Rs 252 cr, up 34% Q1 YoY; Profit after Tax at Rs 30 cr, up 57% Q1 YoY Company witnessed the highest quarterly YoY revenue growth rate over last 5 years New Delhi, India – July 19, 2023 The management of Newgen Software Technologies Ltd. announced results for the quarter end
Slide 31: Key Consolidated Financial Highlights (Q1 FY'24)
Key Consolidated Financial Highlights (Q1 FY’24) Revenue from operations (consolidated) at Rs 251.7 crores as compared to Rs 187.9 crores in Q1 FY’23, up 34% Q1 YoY. Subscription revenues (ATS/AMC, cloud and subscription license) were at Rs 88.6 crores, up 24% Q1 YoY. Total annuity revenue streams
Slide 32: About Newgen
About Newgen Newgen is the leading provider of a unified digital transformation platform with native process automation, content services, communication management, and AI/ML capabilities. Globally, successful enterprises rely on Newgen’s industry-recognized low code application platform to develop
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