Slide 1: Consolidated Results for the quarter and year ended March 31, 2024
Consolidated Results for the quarter and year ended March 31, 2024 www.sasken.com | © Sasken Technologies Ltd. Sasken Confidential www.sasken.com | © Sasken Technologies Ltd. Sasken Confidential 1
Slide 2: Safe Harbor Clause
Safe Harbor Clause Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements due to risks or uncertain
Slide 3: Performance Snapshot – Q4 FY24 - Consolidated
Performance Snapshot – Q4 FY24 - Consolidated Consolidated Revenues ($. Million) Consolidated Revenues (INR Million) 25.0 Revenue USD M 1,500 Revenue INR M 20.0 1,250 1,089.9 1,028.9 15.0 13.0 12.7 1,000 964.4 11.6 10.0 750 500 5.0 250 0.0 Q4 FY24 Q3 FY24 Q4 FY23 - Q4 FY24 Q3 FY24 Q4 FY23 QoQ Growth
Slide 4: Income Statement Summary – Q4 FY24 - Consolidated
Income Statement Summary – Q4 FY24 - Consolidated (INR Million) Growth over Particulars Q4 FY24 % Q3 FY24 % Q4 FY23 % Q3 FY24 Q4 FY23 Revenues 1,089.90 100.0% 964.36 100.0% 1,028.91 100.0% 13.0% 5.9% Cost of Revenue 772.89 71.0% 659.36 68.4% 635.98 61.8% -17.2% -21.5% Gross Profit 317.01 29.0% 305.0
Slide 5: Income Statement Summary – Q4 FY24 – Consolidated Nature wise
Income Statement Summary – Q4 FY24 – Consolidated Nature wise (INR Million) Growth over Particulars Q4 FY24 % Q3 FY24 % Q4 FY23 % Q3 FY24 Q4 FY23 Revenue from Operations 1,089.90 100.0% 964.36 100.0% 1,028.91 100.0% 13.0% 5.9% Other Income 208.99 19.2% 181.24 18.8% 83.81 8.1% 15.3% 149.4% Total Reve
Slide 6: Performance Snapshot – FY24 - Consolidated
Performance Snapshot – FY24 - Consolidated Consolidated Revenues ($. Million) Consolidated Revenues (INR Million) Revenue USD M 4,600 Revenue INR M 80.00 4,469.8 4,400 60.00 55.9 49.2 4,200 4,064.3 40.00 4,000 3,800 20.00 FY 24 FY 23 FY 24 FY 23 YoY Growth: -12.0% YoY Growth: -9.1% Consolidated EBIT
Slide 7: Income Statement Summary – FY24 - Consolidated
Income Statement Summary – FY24 - Consolidated (INR Million) Growth over Particulars FY 24 % FY 23 % FY 23 Revenues 4,064.27 100.0% 4,469.84 100.0% -9.1% Cost of Revenue 2,700.13 66.4% 2,527.41 56.5% -6.8% Gross Profit 1,364.14 33.6% 1,942.43 43.5% -29.8% SG&A 1,057.15 26.0% 934.50 21.0% -13.1% EBIT
Slide 8: Income Statement Summary – FY24 – Consolidated Nature wise
Income Statement Summary – FY24 – Consolidated Nature wise (INR Million) Growth over Particulars FY24 % FY23 % FY23 Revenue from Operations 4,064.27 100.0% 4,469.84 100.0% -9.1% Other Income 708.61 17.4% 297.36 6.7% 138.3% Total Revenue 4,772.88 117.4% 4,767.20 106.7% 0.1% Employee benefit expense 3
Slide 9: Balance Sheet Summary - Consolidated (1 of 2)
Balance Sheet Summary - Consolidated (1 of 2) (INR Million) March 31, March 31, Particulars % % 2024 2023 ASSETS Non current assets Property, plant and equipment ( incl CWIP) 327.53 3.5% 358.06 4.3% Right to use assets 77.22 0.8% 32.60 0.4% Intangible assets 78.71 0.9% 0.11 0.0% Goodwill 100.47 1.1%
Slide 10: Balance Sheet Summary - Consolidated (2 of 2)
Balance Sheet Summary - Consolidated (2 of 2) (INR Million) March 31, March 31, Particulars % % 2024 2023 EQUITY AND LIABILITIES Equity share capital 150.78 1.6% 150.51 1.8% Other equity 7,537.46 81.4% 7,042.79 85.6% Total Equity attributable to equity holders of the Company 7,688.24 83.0% 7,193.30
Slide 11: Metrics – Q4 FY24
Metrics – Q4 FY24 Revenue Mix - Delivery 27% 21% 21% Q4 FY24 Q3 FY24 Q4 FY23 73% 79% 79% Onsite Offshore Utilization Revenue Mix – Project Type 80.00% 14% 14% 18% 75.00% 70.00% 68.0% 66.6% Q4 FY24 Q3 FY24 Q4 FY23 65.00% 60.00% 58.2% 82% 86% 86% 55.00% T&M FPP 50.00% Q4' 24 Q3' 24 Q4' 23 FPP includes
Slide 12: Geography Wise Revenue
Geography Wise Revenue – Q4 FY24 6% 5% 8% 22% 26% 37% 39% 26% 43% Q4 FY24 Q3 FY24 Q4 FY23 29% 30% 29% North America EMEA India APAC www.sasken.com | © Sasken Technologies Ltd. Sasken Confidential 12
Slide 13: Human Resources Metrics
Human Resources Metrics – Q4 FY24 Total Employees Gross Adds Net Adds 1,577 1,496 1,388 245 189 65 7 47 Q4 FY24 Q3 FY 24 Q4 FY23 -178 Attrition % Q4 FY24 Q3 FY24 Q4 FY23 Attrition LTM % 10.6% 14.0% 25.4% Annualised Attrition Quarterly % 7.6% 10.4% 18.2% www.sasken.com | © Sasken Technologies Ltd. Sa
Slide 14: Customer Concentration
Customer Concentration – Q4 FY24 80% 70% 67% 60% 58% 58% 50% 44% 40% 34% 35% 30% 20% 10% 0% Q4 FY24 Q3 FY24 Q4 FY23 Top 5 Top 10 www.sasken.com | © Sasken Technologies Ltd. Sasken Confidential 14
Slide 15: THANK YOU
THANK YOU Visit us at www.sasken.com Queries: investor@sasken.com www.sasken.com | © Sasken Technologies Ltd. Sasken Confidential www.sasken.com | © Sasken Technologies Ltd. Sasken Confidential 15