Zensar Technologies Limited · NSE:ZENSARTECH

Zensar Technologies — Q3 FY22 Earnings Presentation

39 slides from Zensar Technologies's earnings presentation, Jan 24, 2022

  1. Slide 1: Outcome of the Board Meeting held on January 24, 2022

    January 24, 2022 BSE Limited The National Stock Exchange of India Ltd. Corporate Service Department, Exchange Plaza, 3rd floor, 1st Floor, P. J. Towers, Plot No. C/1, ‘G’ block, Dalal Street, Bandra Kurla Complex, Bandra (E), Mumbai 400 001 Mumbai 400 051 Fax: (022) 2272 2039/2272 3121 Fax: (022) 26

  2. Slide 2: Related Party Policy Amendment and CFO Resignation

    3. Amendment(s) to Related Party Transactions Policy, applicable to transactions effective from April 1, 2022: Copy of the aforesaid Policy will be accordingly made available on website of the Company viz.: https://www.zensar.com/about/investors/investors-relation 4. Resignation of Key Managerial Pe

  3. Slide 3: Annex A: Change in Key Managerial Personnel

    Annex A Change in Key Managerial Personnel [Regulation 30 read with Para A of Part A of Schedule III to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015] S. Requirement Disclosure No. 1. Reason for change viz., appointment, Resignation due to personal reasons resignation, rem

  4. Slide 4: Independent Auditor's Review Report - Standalone

    . Chartered Accountants Deloitte Sey Ween ICC Trade Tower Haskins & Sells LLP area Maharashtra, India Tel: +91 20 6624 4600 Fax: +91 20 6624 4605 INDEPENDENT AUDITOR’S REVIEW REPORT ON REVIEW OF INTERIM STANDALONE FINANCIAL RESULTS TO THE BOARD OF DIRECTORS OF ZENSAR TECHNOLOGIES LIMITED 1. We have

  5. Slide 5: Auditor's Review Report (continued)

    Deloitte Haskins & Sells LLP SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement. Place: Mumbai Date: January 24, 2022 For Deloitte Haskins & Sells LLP Chartered Accou

  6. Slide 6: Statement of Unaudited Standalone Results

    Zensar Technologies Limited Registered Office : Zensar Knowledge Park, Kharadi, Plot # 4 , MIDC, Off Nagar Road, Pune - 411014, India. CIN: L72200PN1963PLC012621 Statement of Unaudited Standalone Results for the Quarter and Nine months ended December 31, 2021 Amount in INR Mn. Quarter Ended Nine Mon

  7. Slide 7: Independent Auditor's Review Report - Consolidated

    D | itt Chartered Accountants 706, 'B’ Wing, 7" Floor eroitce alle i Road Haskins & Sells LLP Secapati Bapat Roa Maharashtra, India Tel: +91 20 6624 4600 Fax: +91 20 6624 4605 INDEPENDENT AUDITOR’S REVIEW REPORT ON REVIEW OF INTERIM CONSOLIDATED FINANCIAL RESULTS TO THE BOARD OF DIRECTORS OF ZENSAR

  8. Slide 8: Auditor's Review Report (continued)

    Deloitte Haskins & Sells LLP Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement. For Deloitte Haskins & Sells LLP Chartered Accountants (Firm’s R

  9. Slide 9: Annexure to Auditor's Review Report: List of Entities

    Deloitte Haskins & Sells LLP Annexure to Auditor's Review Report: List of Entities: 19. 20. Zensar Technologies Inc. Zensar Technologies (UK) Limited Zensar (Africa) Holdings Pty Limited Zensar (South Africa) Pty Limited Professional Access Limited (Merged with Zensar Technologies Inc. w.e.f April 0

  10. Slide 10: Statement of Unaudited Consolidated Results

    Zensar Technologies Limited Registered Office : Zensar Knowledge Park, Kharadi, Plot # 4 , MIDC, Off Nagar Road, Pune - 411014, India. CIN: L72200PN1963PLC012621 Statement of Unaudited Consolidated Results for the Quarter and Nine months ended December 31, 2021 Amount in INR Mn. Quarter Ended Nine M

  11. Slide 11: Statement of Segment Assets & Liabilities

    31-Dec-2021 30-Sep-2021 31-Dec-2020 31-Mar-2021 Statement of Segment Assets & Liabilities Unaudited Unaudited Unaudited Audited 1 Segment Assets Trade Receivables Digital and Application Services 4,988 6,317 4,776 5,028 Digital Foundation Services 1,301 859 997 860 Total Trade Receivables 6,289 7,17

  12. Slide 12: Zensar's Q3FY22 revenues register 19.8% YoY growth

    Zensar's Q3FY22 revenues register 19.8% YoY growth Pune, India, January 24, 2022: Zensar Technologies, a leading experience engineering and technology solutions company, announced its consolidated financial results for its third quarter ending December 31, 2021, of the fiscal year 2021-2022. Financi

  13. Slide 13: Deal wins and corporate excellence snapshot in Q3FY22

    • Application and experience services offering for a South Africa-based financial services organization • Applications services for a UK-based food catering company • Experience services for a Singapore-based multinational real estate company • Multiple mandates, including experience services, appli

  14. Slide 14: Media Contact and Safe Harbor

    For any queries, please feel free to reach out: Media Contact Aradhana Prabhu Public Relations Zensar Technologies aradhana.prabhu@zensar.com Safe Harbor Certain statements in this release concerning our future prospects are forward-looking statements which involve a number of underlying identified

  15. Slide 15: Zensar's Q3FY22 revenues register 19.8% YoY growth

    Zensar's Q3FY22 revenues register 19.8% YoY growth Pune, India, January 24, 2022: Zensar Technologies, a leading experience engineering and technology solutions company, announced its consolidated financial results for its third quarter ending December 31, 2021, of the fiscal year 2021-2022. Financi

  16. Slide 16: Deal wins and corporate excellence snapshot in Q3FY22

    • Applications services for a UK-based food catering company • Experience services for a Singapore-based multinational real estate company • Multiple mandates, including experience services, application development, and advanced engineering for a leading manufacturer of specialty chemicals in the UK

  17. Slide 17: Q3 FY22 Revenue and Profitability snapshot

    Q3 FY22 Revenue and Profitability snapshot: Q3 FY22 Growth Particulars Q-o-Q Y-o-Y USD Mn INR Mn USD INR CC USD INR CC Revenue 147.1 11,025 3.7% 4.9% 4.7% 19.8% 21.6% 19.9% EBITDA 21.1 1,585 -3.2% -1.7% -16.4% -14.9% EBIT 14.8 1,111 -4.6% -2.9% -24.3% -23.0% PAT 12.1 910 -5.3% -3.7% -9.4% -7.8% Perf

  18. Slide 18: Income Statement (USD Mn)

    Income Statement (USD Mn) Income Statement (USD Mn) Q3 FY21 FY21 Q2 FY22 Q3 FY22 Operating revenue 122.8 494.0 141.9 147.1 Sequential Growth -2.4% 11.6% 3.7% Year-Over-Year Growth -10.9% -12.7% 12.7% 19.8% Cost of revenue 80.3 328.7 98.4 103.5 Gross profit 42.5 165.3 43.4 43.6 Gross profit % of reve

  19. Slide 19: Income Statement (INR Mn)

    Income Statement (INR Mn) Income Statement (INR Mn) Q3 FY21 FY21 Q2 FY22 Q3 FY22 Operating revenue 9,065 36,682 10,506 11,025 Sequential Growth -3.2% 12.2% 4.9% Year-Over-Year Growth -7.7% -8.5% 12.2% 21.6% - Cost of revenue 5,925 24,417 7,292 7,758 Gross profit 3,140 12,264 3,214 3,268 Gross profit

  20. Slide 20: Other Metrics

    Other Metrics Q3FY21 FY21 Q2 FY22 Q3 FY22 Revenue By Service Offering (as % of Revenue) Digital & Application Services (DAS) 84.9% 85.0% 84.8% 82.3% Digital Services 55.0% 54.5% 61.5% 59.9% Core Application Services 29.9% 30.5% 23.3% 22.5% Digital Foundation Services (DFS) 15.1% 15.0% 15.2% 17.7% Cl

  21. Slide 21: Other Metrics: Million dollar clients and employee data

    Other Metrics Q3FY21 FY21 Q2 FY22 Q3 FY22 Number of million dollar Clients (LTM Revenue) 1 Million dollar + 83 78 85 81 5 Million dollar + 24 24 26 25 10 Million dollar + 8 7 10 11 20 Million dollar + 2 2 3 4 Revenue from top clients Revenue- top 5 clients 37.8% 38.8% 35.0% 34.2% Revenue- top 10 cli

  22. Slide 22: About Zensar

    About Zensar (www.zensar.com): We conceptualize, build, and manage digital products through experience design, data engineering, and advanced analytics for over 130 leading companies. Our solutions leverage industry-leading platforms, and help clients be competitive, agile, and disruptive as they na

  23. Slide 23: Forward-looking statements

    looking statement speaks only as of the date on which it was made. The Company assumes no obligation to revise or update any forward-looking statements, whether as a result of new information, future events, or otherwise.

  24. Slide 24: Analyst Presentation Q3 FY22

    zensar Analyst Presentation Q3 FY22 Quarter Ending December 31, 2021 Zensar Technologies An @RPG Company

  25. Slide 25: Safe Harbor

    Safe Harbor Certain statements in this release concerning our future prospects are forward-looking statements which involve a number of underlying identified/non identified risks and uncertainties that could cause actual results to differ materially. This release and other statements - written and o

  26. Slide 26: Q3FY22: Growth momentum continues

    Q3FY22: Growth momentum continues Revenue Fal PAT o rip 8.2% Patil $1 ATA M Wp 30bpsaoaY 19.8% YoY Headcount lgiw) 10,641 BFSI cs 31.3% 26.0% = a YoY growth YoY growth www.zensar.com | © Zensar Technologies 2022 | Page 3 &3 Cash $168M Wins $125.2M HTM 71% YoY growth newZensar

  27. Slide 27: Consistent growth across key verticals and regions

    Consistent growth across key verticals and regions Revenue by Vertical Revenue by Geography www.zensar.com | © Zensar Technologies 2022 | Page 4 J @ Hi-Tech, 36.7% Vertical Quarterly YoY growth @ Insurance, 17.6% Hi-Tech 10.8% @ Consumer Services, 16.1% Insurance 8.9% e Banking, 14.1% Consumer Servi

  28. Slide 28: Numbers walk - Revenue growth despite currency impact

    Numbers walk - Revenue growth despite currency impact Revenue walk (in $M terms) 147.1 34 141.9 (1.5) 35 || —_ 20) | | Exchange impact HTM BFSI Consumer Services Emerging ~~ : * : » ” ~ : * ~~ EBITDA walk (in % of rev terms) 15.4% (0.4%) — 0.2%) 0.6% Os (O25) 14.3% =z — — Exchange impact — Volume &

  29. Slide 29: Client revenue mix: Increase in 10M+ & 20M+ categories

    Client revenue mix: Increase in 1OM+ & 20M+ categories Million+ dollar clients (LTM) Revenue mix (% of total revenue) 2 3 ap Q3FY22 moray Q2FY22 iS Q3FY21 20 Mn Dollar+ Q3FY21 > Q2FY22 ZZ» 35.0% => Q3FY22 Top 5 Clients www.zensar.com | © Zensar Technologies 2022 | Page 6 10 1 8 hy 2 Q3FY21 10 Mn Dol

  30. Slide 30: Win momentum continues, here are some notable ones

    Win momentum continues, here are some notable ones Guidewire systems implementation for a large P&C insurance company Modernizing supply chain application on cloud for a leading American retailer Unified experience and design services for a global non-profit Experience driven re-engineering fora Eur

  31. Slide 31: Case Studies: Next generation services bring business value

    Case Studies: Next generation services bring business value Our research and innovation center, Zenlabs, worked with a client on automatic application of granular physical properties on metaverse objects, to give them a realistic touch. This work involves deep learning models to render realistic 3D

  32. Slide 32: Select environment and society initiatives

    Select environment and society initiatives Connected Experiences. Sustainable Future. O= eS —* | | Extended real time Launched a continuous Enhanced third party energy management performance vendors’ security and to Hyderabad and management tool privacy compliance Bangalore locations Dialog 365 fram

  33. Slide 33: Transforming our talent

    Transforming our talent Focus on freshers and employee engagement Elevated fresher hiring By Recruit eLearning Skill accreditation &> e Onboarding @ ra Experiential Deployment Continuous learning learning programs www.zensar.com | © Zensar Technologies 2022 | Page 10 Engagement initiatives oh Renewe

  34. Slide 34: We continue to be recognized for excellence and innovation

    We continue to be recognized for excellence and innovation * —————— 1SG AVASANT Zensar UK team received 4 Innovator in Avasant awards under the Digital Business Digital Workplace Services Solutions and Services Partners 2021 RadarView™ UK 2021 * Leader in Digital Customer Disruptor in Avasant Oracle

  35. Slide 35: RPG Group Update

    RPG Group Update

  36. Slide 36: RPG Group key financials (1/2)

    RPG Group key financialsa/2) FY17-21 CAGR | Gross Total Income 7.0% | EBITDA 10.1% | PAT 8.9% GEE Gross Total Income (In Cr.) EEN EBITDA (pat 26,269 23,833 21,766 20,052 my 218 ry 423 [ 2,045 1,031 = 099 Note: 1) ROCE is calculated by taking EBIT*(1-ETR) divided by Capital Employed 2) ROE is calcula

  37. Slide 37: RPG Group key financials (2/2)

    RPG Group key financials(2/2) GS Net Worth —®— ROE —®— ROCE 9,786 Market Cap Group CEAT KEC ZENSAR 31,331 12,313 Ee 11,799 “4,911 Dec-20 Jan-21 Feb-21 Mar-21 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Note: 1) ROCE is calculated by taking EBIT*(1-ETR) divided by Capital Employed

  38. Slide 38: Zensar's stock price and shareholding pattern

    Zensar’s stock price and shareholding pattern 650 —Zensar Share Price ——Volume 5 600 50 § 550 3 500 40 35 450 30 400 25 350 20 300 R 250 5 200 Nn 0 150 5 31-Dec 3iJan —-28-Feb 3i-Mar —-30-Apr_— S-May = -30-Jun 31-Jul 3-Aug «-30-Sep,-——31-Oct. © 30-Nov. —3-Dec Shareholding Pattern Equity Share Inform

  39. Slide 39: Thank You

    zensar Thank You An PG Company

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