Infobeans Technologies Ltd. · NSE:INFOBEAN
Infobeans Technologies — Q4 FY2022-23 Earnings Presentation
40 slides from Infobeans Technologies's earnings presentation, March 2023
Slide 1: InfoBeans Investors Call
InfoBeans Investors Call Quarter and Year ended on 31st March, 2023
Slide 2: About InfoBeans
About InfoBeans InfoBeans, founded in 2000 and now 1450+ strong, is a publicly listed Digital Transformation and Product Engineering organization. We strive to deliver exceptional value to our clients using best software technologies while solving their complex business problems. Strengthened by our
Slide 3: Transformation over the years
2023 Transformation over the years 2022 Revenue 399 Crs. 2018 Listed on BSE Fortune 2017 500 clients 2021 in each IPO on market Acquired Pune 2012 NSE based CMMi level Eternus 3 2019 Solutions 2004 2005 Opened Opened in US 2015 Pune office 2007 2016 2014 Acquired US based Philosophie Group, Inc Open
Slide 4: InfoBeans at a glance
InfoBeans at a glance Overview 2000 13 1450+ 74 13 15 Born Years of active Team members Clients with over Clients with Active fortune growth smiling ₹1 Cr invoiced over $1 mn 500 clients Financials ₹ 399 ₹ 85 ₹ 36 ₹ 176 38% 42% FY 2022-23 in INR Crs Revenue EBITDA PAT Cash & Equivalent Revenue growt
Slide 5: InfoBeans Global Service offerings
InfoBeans Global Service offerings Enterprise software User experience and Blockchain based Salesforce consulting & Robotic process engineering for web, interaction design software solutions implementation - automation mobile & cloud marketing, sales, service, Rapid prototyping & Enabling enterprise
Slide 6: Board of Directors
Management Team Board of Directors Siddharth Sethi Mitesh Bohra Avinash Sethi Co-founder Co-founder Co-founder Shilpa Saboo Sumer Bahadur Singh Mayuri Mukherjee Independent Director Independent Director Independent Director 6
Slide 7: Highly Experienced Core Team
Management Team Highly Experienced Core Team Jitendra Tanna Emerson Taymor Growth Evangelist | EVP SVP, Sales & Marketing - 32 years in Management Design & Innovation Practice & Engineering - 14 years in Design & Sales - 4 years with InfoBeans Shreyas Merchant Denise Cheung SVP, Salesforce Practice
Slide 8: Highly Experienced Core Team
Management Team Highly Experienced Core Team Amit Makhija Arpit Jain Chaitanya Pandya VP Digital Transformation VP Design VP, Delivery - 24 years in Software & - 17 years in Software Salesforce Practice Management Design & Engineering - 9+ years experience - 16 years with InfoBeans - 17 years with I
Slide 9: Highly Experienced Core Team
Management Team Highly Experienced Core Team Jigar Shah Kanupriya Manchanda Manish Malpani VP, Technology VP People VP, Operations Salesforce Practice - 19 years in People - 19 years in Project - 15+ years of experience Development Management in working on Salesforce - 15 years with InfoBeans - 14 y
Slide 10: Financial highlights for Q4 Jan-Mar 2023
Financial highlights for Q4 Jan-Mar 2023
Slide 11: Financial performance for quarter Jan-Mar 23
Financial highlights Financial performance for quarter Jan-Mar 23 ₹ in Crs Mar 2022 Dec 2022 Mar 2023 One time incentive of ₹6 Revenue 95 +2% 102 -5% 97 Crs and provision for ₹2.2 Crs of bad EBITDA 28 -43% 23 -30% 16 debts led to reduction in PAT 16 -70% 9 -40% 5 EBITDA and PAT In USD terms, revenue
Slide 12: Financial highlights for FY 2022-2023
Financial highlights for FY 2022-2023
Slide 13: Financial performance for the year 2022-23
Financial highlights Financial performance for the year 2022-23 Year ending Year ending Revenue grew by ₹ in Crs Mar 2022 Mar 2023 38% year on year Revenue 289 399 +38% Our focus is on capturing the EBITDA 83 85 +1% revenue and improving margins PAT 55 36 -35% in the near term Cash flow from operatio
Slide 14: Key performance indicators
HISTORICAL PERFORMANCE Key performance indicators Revenue EBITDA (in ₹ Crs) (in ₹ Crs) - 35% CAGR PAT ROE and ROCE (in ₹ Crs) (in ₹ Crs) 14
Slide 15: Last 10 years growth metrics
HISTORICAL PERFORMANCE Last 10 years growth metrics Our cash reserves grew by 16x Our net worth grew by 13.6x in last 10 years in last 10 years 36% (in ₹ Crs) IPO GR CA Revenue EBITDA PAT CAGR Revenue EBITDA PAT March - 2023 399 84 36 10 Yrs 28% 27% 22% March - 2018 98 21 17 5 Yrs 32% 31% 16% March
Slide 16: Clients
Clients
Slide 17: Meet some of our clients
Clients Meet some of our clients 172 year old brand, legal Only Company in the world Full range of SaaS based content publisher in all offering tech solutions for life integrated Human Resources the states of US sciences healthcare compliance solutions Under NDA A Fortune 500, its a leading A Future
Slide 18: Clients' key metrics
Clients Clients’ key metrics 2021-22 2022-23 We onboarded 3 Client mix Fortune 500 and - Fortune 500 12 15 6 Enterprise (> - Enterprise (> $1b) 8 14 $1b) clients - Unicorns 7 6 Clients billed more than $1m 9 13 Generated 90% Clients billed more than ₹1 Cr revenue 43 75 business from Share of revenue
Slide 19: Top clients' growth rate
Top 10 clients’ growth rate Growth rate 251% 136% 127% 71% 54% 30% 16% 15% -1% -33% Expanded in 8 out of top 10 clients 51% of the revenue comes from Top 10 Revenue (USD m) clients Long term trust reflects in average tenure of 7 years 19
Slide 20: Revenue breakup
Clients Revenue breakup By geography By segment By business 20
Slide 21: M&A update
M&A update
Slide 22: Our focus
Our focus Deepen existing Add new Expand geo Our sweet capabilities competencies presence spot - ServiceNow - Cloud Tech, - USA - $8-18m in - Salesforce Blockchain, D&A - Europe revenue - RPA, UiPath - Vertical - BFSI, - UX & Design Healthcare, Manufacturing, Logistics etc. 22
Slide 23: Current M&A pipeline
Current M&A pipeline Management ServiceNow UX Consulting About Two elite ServiceNow APAC based UX and partners focused on Europe based management design focused and technology consulting Enterprise clients based organization with 100 team out of Europe and APAC members Revenue USD 18-20m USD 3-4m US
Slide 24: Financials
Financials
Slide 25: Audited Consolidated Profit & Loss as on 31st Mar, 2023
FINANCIAL HIGHLIGHTS Audited Consolidated Profit & Loss as on 31st Mar, 2023 (in ₹ Crs) Quarter ended Particulars Mar 2022 Dec 2022 Mar 2023 Revenue On QoQ basis we see softening in Revenue from operations 92 98 92 demand in a few clients Other income 3 4 5 EBITDA Total revenue 95 102 97 Key one time
Slide 26: Audited Consolidated Profit & Loss as on 31st Mar, 2023
FINANCIAL HIGHLIGHTS Audited Consolidated Profit & Loss as on 31st Mar, 2023 (in ₹ Crs) Year ended Particulars Mar 2021 Mar 2022 Mar 2023 Revenue On a yearly basis, revenue has increased Revenue from operations 180 271 385 significantly as depicted in top 10 clients Other income 16 18 14 EBITDA Increa
Slide 27: Margin movement
FINANCIAL HIGHLIGHTS Margin movement Year ended As a % of revenue Mar 2022 Mar 2023 Diff Drivers pulling margins down - Team expense 60% 68.0% -8.0% - Sales, marketing and traveling 1% 2.0% -1.0% expenses - Provision for bad debts 0.3% 1.6% -1.3% - Other income 6.0% 3.0% -3.0% Drivers supporting mar
Slide 28: Audited Consolidated Balance Sheet as on 31st Mar, 2023
FINANCIAL HIGHLIGHTS Audited Consolidated Balance Sheet as on 31st Mar, 2023 (in ₹ Crs) Year ended Particulars Mar 2022 Mar 2023 Assets Decrease in non-current assets is due Assets to reclassification of investments from non-current to current Non current 277 237 Profits generated from operations Curr
Slide 29: On the ground
On the ground
Slide 30: Events
Events Emerging Tech Transforming Web3 and Design Social Loyalty via NFT Trends Event explores the current and Exclusive NFT talk at our New York Discussion on design future state of the metaverse and office. Thought-provoking experimentations, data-driven how this emerging technology will discussio
Slide 31: Our religion in action
Our religion in action Creating WOW Applauds 2022-23 4th time in a row Dream Companies to work 31
Slide 32: A business should benefit humans
A business should benefit humans CSR updates 32
Slide 33: CSR @InfoBeans
CSR @InfoBeans Launched 4th Batch of ITEP for underprivileged InfoBeans Foundation opened 3rd and largest training centre Total 79 students have successfully completed their programme Out of 77 of these students got placed, one with Salesforce with 18 LPA and two other with TCS 33
Slide 34: SDF Vidyadhan
SDF Vidyadhan Governed by SD Foundation, Vidyadhan- InfoBeans sponsored college education fees (started in 2019), supporting a total of 46 students under Vidyadhan Program Out of 46 sponsored students 27 have graduated. 9 out of 27 found employment and are successful in pulling their family out of p
Slide 35: Empowering rural youth
Empowering rural youth At Sant Singaji Educational Society every year we fund 25 rural students for various courses and help them build successful careers For second and third year students campus placement is going on 35
Slide 36: Empowering women
Empowering women Anubhuti Social Empowerment & Educational Foundation in Mulshi village, in Maharashtra was founded with the goal of bringing about social and economic change for women in the underdeveloped region InfoBeans funded 40 rural women, to enable them for skill development and build succes
Slide 37: CSR contribution made by InfoBeans during the FY 2022-23
CSR contribution made by InfoBeans during the FY 2022-23 Activities Name of the institution INR Spend Education InfoBeans Social and Educational Welfare Society 60,50,000 Health Indian Red Cross Society 7,00,000 Education Sant Singaji Educational Society 7,87,500 Plantation Scientech Eco Foundation
Slide 38: Market data
Market data 38
Slide 39: Market data
Market data Price data as of 31st Mar, 2023 Face Value 10.0 Equity Shares 242.5 Outstanding (Lakhs) Trailing 12 months EPS (₹) 17.1 Market Price (₹) 449.9 Market Cap (₹ Crs) 1091.2 Trailing PE 26.3 39
Slide 40: Thank You!
Thank You! Mridul Maheshwari Corporate Development & IR investor.relations@infobeans.com
InfoBeans Technologies — Q4 FY2022-23 Earnings Presentation on 6ix