Kpit Technologies Limited · NSE:KPITTECH
Kpit Technologies — Q3 FY2022 Earnings Presentation
29 slides from Kpit Technologies's earnings presentation, Feb 1, 2022
Slide 1: Cover letter to stock exchanges
- KP 11· February 1, 2022 BSE Limited National Stock Exchange of India Ltd., Phiroze Jeejeebhoy Towers, Exchange Plaza, C/1, G Block, Dalal Street, Bandra - Kurla Complex, Bandra (E), Mumbai - 400001. Mumbai - 400051. Scrip ID: KPITTECH Symbol: KPITTECH Scrip Code: 542651 Series: EQ Kind Attn: The M
Slide 2: Investor Update Q3FY2022
Reimagining Mobility with YOU February 01, 2022 Investor Update Q3FY2022 KPIT Technologies Ltd.
Slide 3: Forward Looking Statements
Forward Looking Statements Some of the statements in this update that are not historical facts, are forward-looking statements. These forward-looking statements include our financial and growth projections, as well as statements concerning our plans, strategies, intentions and beliefs concerning our
Slide 4: Performance Overview
• 1 March 2021 Performance Overview Q3FY22 Reimagining Mobility with YOU
Slide 5: Q3FY22 Performance Overview
Q3FY22 Performance Overview KPIT Q3FY22 USD Revenue grows 20% Y-o-Y Y-o-Y Net Profit growth of 67.6% 1 Q3FY22 CC Revenue growth of 21.2% Y-o-Y, 5.6% Q-o-Q Q3FY22 EBITDA at 18.5% as against 17.6% last quarter 2 Net Profit for the quarter at ₹ 700 million as against ₹ 651 million last quarter, Q-o-Q g
Slide 6: Q3FY22 Performance Highlights
Q3FY22 Performance Highlights Sequential CC growth of 5.6% led by Electric Powertrain and Autosar. During the last 4 quarters, offshoring has 01 increased and thus the volume growth is proportionately higher. Q3 was a good quarter in terms of deal closures. EBITDA expansion of 86 bps post mid-term c
Slide 7: Additional facts - timeseries
Additional facts - timeseries Revenue $ M EBITDA % 83.7 18.5% 80.4 17.2% 17.3% 17.6% 77.2 76.9 76.9 74.5 77.2 71.1 72.8 15.7% 69.7 14.6% 14.3% 65.3 65.3 12.8% 13.4%13.4% 13.5% 13.4% Qtr. End Net Cash ₹ B EBITDA ₹ M 10.23 1,150 8.22 8.78 9.33 981 1,041 931 6.30 739 727 737 751 811 5.28 639 662 697 3.
Slide 8: Management Quotes
Management Quotes Kishor Patil, CEO and MD, KPIT said,” The demand environment in the Mobility Industry continues to be robust, especially in the newer technology areas led by electrification, autonomous, connected and architecture changes. Our strategic clients have a medium-term roadmap of sustain
Slide 9: Cash Flow – Major Movement
Cash Flow – Major Movement INR Million Decrease in Working Q-o-Q Increase in Net Capital – 677 Cash : INR 893 Million NET CASH (INR Mln) Q3FY22 Q2FY22 Gross Cash 10,226 9,334 Capex – 294 PP acquisition - 555 Long Term Debt NIL NIL Short Term Debt NIL NIL Cash and Cash Equivalents break-up ₹M NET CAS
Slide 10: New Partnership
New Partnership KPIT, dSPACE, and Microsoft team up to offer a solution for homologation of autonomous vehicles • Data-driven simulation and homologation for the development of autonomous driving is a new field that demands expertise in various areas, including, DevOps, cloud computing, simulation,
Slide 11: New Engagements
New Engagements Broad Based Engagements, across practices and geographies A leading American Truck Manufacturer selected KPIT for a strategic engagement in the Electric Powertrain domain A leading American Car Manufacturer selected KPIT for a strategic program in the vehicle engineering domain A lea
Slide 12: FY22 – Revenue and Profitability
FY22 – Revenue and Profitability REVENUE GROWTH PROFITABILITY Platforms and Zero Practices Defect The revenue growth Delivery We had higher than momentum will normal wage hikes continue in the coming during the year and we years. The growth is Profitability will continue to invest in expected to be
Slide 13: Other Updates
• 1 March 2021 Other Updates Q3FY22 Reimagining Mobility with YOU
Slide 14: Recognition
Recognition KPIT wins 'Transformation Initiative in Treasury Management' Award KPIT is delighted and humbled to have won the 'Transformation Initiative in Treasury Management' Award in the 4th edition of the Financial Leadership Awards organized by Kamikaze B2B Media. The award was conferred to Ms.
Slide 15: PathPartner Integration
PathPartner Integration PathPartner (PP) was fully integrated during the quarter. KPIT owns a controlling stake in PP and the full 100% acquisition is expected to be completed over the next couple of years. The PP integration has progressed very well and certain KPIT influenced revenues are already
Slide 16: Thought Leadership Updates
Thought Leadership Updates KPIT is proud to have been featured in NASSCOM’s ‘THE KPIT is proud to be featured in the NASSCOM's CLOUD CORNERSTONE: SUCCESS IN ACTION- Case Study 'ADVANTAGE INDIA: Gateway To Global Engineering R&D Compendium 2021’. The compendium highlights how And Innovation' report.
Slide 17: Thought Leadership Updates
Thought Leadership Updates KPIT’s article in HANSERautomotive KPIT's perspective in the IHS Markit’s Autology weekly podcast series HANSERautomotive, a leading German Automotive magazine, recently published a technical article from The KPIT podcast was titled ‘Will consumers be over KPIT titled 'Arc
Slide 18: Financial & Operational Data Snapshot
• 1 March 2021 Financial & Operational Data Snapshot Reimagining Mobility with YOU
Slide 19: Profit & Loss Account Snapshot
Profit & Loss Account Snapshot INR MN DETAILS Q3FY22 Q2FY22 Q3FY21 Revenue from Operations 6,223.67 5,908.73 5,172.45 Other Income 80.75 89.37 64.09 Total Income 6,304.42 5,998.10 5,236.54 Operating Expenses 5,073.92 4,868.14 4,343.13 EBITDA 1,149.75 1,040.59 810.57 Depreciation 311.57 290.93 337.72
Slide 20: Balance Sheet Snapshot
INR MN Balance Sheet Snapshot ASSETS Q3FY22 Q2FY22 EQUITY & LIABILITIES Q3FY22 Q2FY22 NON-CURRENT ASSETS Equity Share Capital 2,698.64 2,696.18 Property, Plant & Equipment 1,967.75 1,868.99 Other Equity 10,768.99 10,042.32 Equity attributable to owners 13,467.63 12,738.50 Right-of-use Assets 2,397.3
Slide 21: Revenue Break-up
Revenue Break-up USD MN Geography Q3FY22 Q2FY22 Q3FY21 Q-o-Q Y-o-Y US 30.43 32.53 28.57 (6.5)% 6.5% Europe 35.12 32.13 30.48 9.3% 15.2% Asia 18.14 15.69 10.68 15.6% 69.8% TOTAL 83.69 80.36 69.72 4.1% 20.0% Verticals Q3FY22 Q2FY22 Q3FY21 Q-o-Q Y-o-Y Passenger Cars 61.42 59.70 52.94 2.9% 16.0% Commerc
Slide 22: P&L Metrics
P&L Metrics Q3FY22 Q2FY22 Q3FY21 Q-o-Q Y-o-Y Revenue by Contract Type Time & Material Basis 43.5% 43.7% 46.3% 3.6% 12.8% Fixed Price Basis 56.5% 56.3% 53.7% 4.6% 26.2% Clients Strategic T21 Client Revenue 82.93%* 83.82% 85.27% (1.0)% 12.1% Active Clients 58 55 55 Revenue per Devp. Employee USD 46,36
Slide 23: Currency wise revenues, Hedging Details
Currency wise revenues, Hedging Details Currency wise Q3FY22 Q2FY22 Q3FY21 O/s Hedge Details Q3FY22 revenue Hedge Rates USD 37.8% 41.9% 42.0% USD/INR 77.21 EUR 36.4% 34.0% 38.6% EUR/INR 89.54 GBP 5.0% 5.5% 4.5% GBP/INR 105.57 JPY 11.1% 10.4% 5.3% INR 4.8% 4.4% 5.0% Hedge Amounts(Mn) Others 4.8% 3.8%
Slide 24: Headcount Data
Headcount Data Period End Headcount Q3FY22 Q2FY22 Q3FY21 Q-o-Q Y-o-Y Development 7,220 6,192 5,639 - - Enabling & Sales 606 540 513 - - Total 7,826 6,732 6,152 - - 2/1/2022 23
Slide 25: Contact Us
• 1 March 2021 Contact Us Reimagining Mobility with YOU
Slide 26: Conference Call Details
Conference Call Details Conference name : KPIT Technologies Q3 FY2022 Post Earnings Conference Call Date : Wednesday February 02, 2022 Time : 1600 Hrs. Participants : Mr. Kishor Patil, Co-founder, CEO & MD Mr. Sachin Tikekar, President & Board Member Mrs. Priya Hardikar, SVP & Head of Finance Mr. Su
Slide 27: Contact – Investor Queries
Contact For Investor Queries Email Sunil.Phansalkar@kpit.com Desk Phone + 91 20 6770 6997 Cell + 91 98509 66011 Website www.kpit.com Sunil Phansalkar 2/1/2022 26
Slide 28: Contact – Media Queries
Contact For Media Queries Email Sunil.R@kpit.com Desk Phone + 91 80 6606 6000 (7865) Cell + 91 99001 50180 Website www.kpit.com Sunil B R 2/1/2022 27
Slide 29: Thank You
THANK YOU !! KPIT Technologies Ltd. 28