Mastek Limited · NSE:MASTEK
Mastek — Q3 FY2025 Earnings Presentation
24 slides from Mastek's earnings presentation, Jan 16, 2025
Slide 1: Investor Presentation Q3FY25
INVESTOR PRESENTATION Q3FY25 16 January 2025 Presented by: Umang Nahata| Chief Executive Officer, Mastek Arun Agarwal | Chief Financial Officer, Mastek
Slide 2: Table of Contents
TABLE OF CONTENTS 1 Highlights of the Quarter 2 Financial & Operational Performance 3 Key Wins for the Quarter 4 Strategic Priorities & GenAI Investor Presentation | Earning Deck Company Confidential © Mastek 2023. All rights reserved | 2
Slide 3: Highlights of the Quarter
Mastek*@ Trust. Value. Velocity HIGHLIGHTS OF THE QUARTER —
Slide 4: Highlights of Q3FY25
HIGHLIGHTS OF Q3FY25 Revenue Growth Operating EBITDA 12month Order backlog Year-on-Year 10.9% Margin 16.2% Year-on-Year Growth 3.4% Q3FY25 revenue at Q3FY25 PAT at 12 Months Order backlog at ₹ 869.5 Crore ₹ 94.7 Crore ₹ 2,138.7 Crore Revenue grew by PAT grew by 12 months order backlog grew by 9.4% Y
Slide 5: Key Achievements & Recognitions
KEY ACHIEVEMENTS & RECOGNITIONS Mastek recognized Mastek recognized in the Everest Group in Gartner Market Healthcare Provider Mastek named a Top Mastek Attains AWS Guide for Oracle Digital Services 15 Sourcing Well-Architected Cloud Infrastructure PEAK Matrix® Standout by ISG Partner Status Profess
Slide 6: Financial & Operational Performance
FINANCIAL & OPERATIONAL PERFORMANCE
Slide 7: Financial Performance
FINANCIAL PERFORMANCE 1,000 20.0% 17.3% 17.7% 17.5% 900 16.1% 17.0% 16.0% 16.5% 16.2% 18.0% 15.2% 800 16.0% 700 14.0% 14.7% 600 12.0% 12.0% 500 10.8% 10.0% 10.1% 10.2% 10.1% 9.9% 400 8.8% 8.0% 8.5% 300 6.0% 200 4.0% 100 2.0% 659 709 725 766 784 780 813 867 870 - 0.0% Q3FY23 Q4FY23 Q1FY24 Q2FY24 Q3FY
Slide 8: Consolidated Financial Highlights Q3FY25
CONSOLIDATED FINANCIAL HIGHLIGHTS Q3FY25 Comparison: Quarter-on-quarter & Year-on-year (Figures In ₹ Crore) Operating Operating EBITDA PAT & 12 Months Revenue & Margin (%) Margin (%) Order Backlog 17.0% 16.5% 16.2% 14.7% 10.8% 9.9% 2,067.6 2,194.7 2,138.7 133.5 143.1 140.7 784.3 867.4 869.5 128.7 77
Slide 9: Consolidated Financial Summary – Q3FY25
CONSOLIDATED FINANCIAL SUMMARY – Q3FY25 QoQ YoY Key Performance Metrics Q3FY25 Q2FY25 Q3FY24 Growth Growth Revenue from Operations ($mn) $102.9 $103.6 $94.0 0.1% (CC*) 9.4% Revenue from Operations (₹ Crore) 869.5 867.4 784.3 0.2% 10.9% Revenue Other Income (₹ Crore) 9.5 5.0 3.4 87.9% 181.0% Total In
Slide 10: Consolidated Financial Summary – 9MFY25
CONSOLIDATED FINANCIAL SUMMARY – 9MFY25 YoY Key Performance Metrics 9MFY25 9MFY24 Growth Revenue from Operations ($mn) $303.7 $274.7 10.6% Revenue from Operations (₹ Crore) 2,549.8 2,275.1 12.1% Revenue Other Income (₹ Crore) 18.7 10.6 77.1% Total Income (₹ Crore) 2,568.5 2,285.6 12.4% Op. EBITDA 40
Slide 11: Operating Metrics Q3FY25
OPERATING METRICS Q3FY25 Strengthening our business Q3FY25 Q2FY25 Q3FY24 New Clients Added 10 14 27 Active Client during the Quarter 351 380 436 Client Base Top 5 30.4% 28.5% 30.4% Top 10 41.5% 39.9% 40.2% No. of Clients with Annual Billing > USD 1mn 79 78 73 Total Employee 5,260 5,505 5,518 • Offsh
Slide 12: Balance Sheet Metrics 9MFY25 – Consolidated
BALANCE SHEET METRICS 9MFY25 – CONSOLIDATED Figures In ₹ Crore Cash & Cash Equivalent Return on Equity# Return on Capital Employed# 20.7% 16.1% 17.2% 270.0 473.3 497.0 24.0% 17.7% 16.5% FY23 FY24 9MFY25 FY23 FY24 9MFY25 FY23 FY24 9MFY25 # Return on Equity = PAT/Average Networth; Return on Capital Em
Slide 13: Revenue Analysis Q3FY25 – Consolidated
REVENUE ANALYSIS Q3FY25 – CONSOLIDATED Balancing Our Portfolio Revenue by Market Region Revenue by Contract Type 15.1% 15.9% 14.9% 40.8% 41.7% 42.9% 30.0% 28.2% 28.3% 54.9% 55.9% 56.8% 59.2% 58.3% 57.1% Q3FY24 Q2FY25 Q3FY25 Q3FY24 Q2FY25 Q3FY25 UK & Europe US AMEA Time & Material Fixed Price Investo
Slide 14: Operational Performance: Revenue by Industry Segments
OPERATIONAL PERFORMANCE Revenue By Industry Segments Q3FY25 – Consolidated Q3FY25 39.0% 21.6% 13.3% 14.1% 12.0% Government & Education Health & Life Sciences Q2FY25 40.7% 17.9% 14.4% 14.1% 12.9% Retail/ Consumer Manufacturing & Technology Financial Services # Q3FY24* 43.0% 17.9% 12.0% 15.3% 11.8% 0%
Slide 15: Operational Performance: Revenue by Service Line
OPERATIONAL PERFORMANCE Revenue By Service Line Q3FY25 – Consolidated Q3FY25 48.9% 29.6% 13.6% 7.9% Digital & Application Engineering Oracle Cloud & Enterprise Apps Q2FY25 44.9% 32.0% 13.5% 9.6% Digital Commerce & Experience Data, Automation and AI Q3FY24* 43.2% 29.1% 18.1% 9.5% 0% 10% 20% 30% 40% 5
Slide 16: Key Wins for the Quarter
Mastek*@ Trust. Value. Velocity KEY WINS FOR THE QUARTER —
Slide 17: Key Wins: Government, Education & Financial Services
KEY WINS FOR THE QUARTER Government, Education & Financial Services UK & Europe UK & Europe Americas AMEA Client A leading financial services company in A UK government department Central government department A beachfront community located in the Kingdom of Saudi Arabia — and part responsible for w
Slide 18: Key Wins: Healthcare
KEY WINS FOR THE QUARTER Healthcare UK & Europe UK & Europe Americas Americas Client A leading provider of outsourced A global Fortune 500 provider of A leading company revolutionizing Publicly funded healthcare system in pharmaceutical research services to the advanced analytics, technology healthc
Slide 19: Key Wins: Retail, Manufacturing & Technology
KEY WINS FOR THE QUARTER Retail, Manufacturing & Technology UK & Europe Americas Americas AMEA Client A global provider of energy storage Leading American Fortune 500 company Leading American Fortune 500 solutions and a trusted manufacturer of specializing in sales of recreational multinational prem
Slide 20: Strategic Priorities & GenAI
STRATEGIC PRIORITIES & GENAI
Slide 21: Mastek's AI Strategy – Core Pillars
MASTEK’S AI STRATEGY – 3 CORE PILLARS 01 Integrate AI seamlessly into existing systems & operations — delivering application development, Cloud ERP, Data, or CRM/CX projects. • Identified Toolset, created best practices and built assets to scale adoption of Gen AI for Mastek’s Delivery teams to driv
Slide 22: Gen AI at Mastek
GEN AI AT MASTEK • Generative AI Foundation: Define your Reduce Knowledge Latency vision, prove value, build the foundation CXO Insights AI Amigo • Generative AI Transformation: Unleash Enhance Customer Experience value by scaling Generative AI solutions and gaining a competitive edge InfoGENius Dri
Slide 23: FY25 Mastek Strategy & Enablers
FY25 MASTEK STRATEGY & ENABLERS Trusted Digital Engineering and Cloud Transformation Partner Public Sector in UK (Secure Govt. Services) Customer Delight Account Healthcare Mining focus in US & (Top 30 a/c Globally globally) Innovation with GenAI Mastek ENABLING PILLARS Brand & Culture Mgd.Services
Slide 24: Thank You
THANK YOU This presentation contains information that may be privileged or confidential and is the property of Mastek. Copyright © 2022 Mastek. All rights reserved. Note: Except for the historical information and discussion contained herein, statements included in this release may constitute forward