Coforge Limited · NSE:COFORGE

Coforge — Q1 FY2022 Earnings Presentation

12 slides from Coforge's earnings presentation, Jul 28, 2021

  1. Slide 1: Financial Performance Q1FY22

    Financial Performance Q1FY22 July 28, 2021 © 2021 Coforge © 2021 Coforge 1

  2. Slide 2: Contents

    Contents ▪ Financial Highlights ▪ Financial Statements • Income Statement • Balance Sheet ▪ Fact Sheet © 2021 Coforge 2

  3. Slide 3: Financial Highlights – Q1FY22

    Financial Highlights – Q1FY22 • On consolidated basis, Revenues for the quarter were $ 199.7 million and Rs 14,616 Million: o Up 42.8% in dollar terms and 38.3% in rupee terms year-on-year. o Up 16.0% in dollar terms and up 15.9% in rupee terms, sequentially. • On an organic basis, Revenues for the

  4. Slide 4: Consolidated Income Statement – Q1FY22 (INR Mn)

    Consolidated Income Statement – Q1FY22 INR Mn Particulars Q1FY22 Q4FY21 QoQ% Q1FY21 YoY% Revenues 14,616 12,615 15.9% 10,570 38.3% Direct Costs 10,250 8,580 19.5% 7,241 41.6% Gross Profit 4,366 4,035 8.2% 3,329 31.1% GM% 29.9% 32.0% -211 Bps 31.5% -163 Bps Selling / General And Administration 2,007

  5. Slide 5: Consolidated Income Statement – Q1FY22 (USD Mn)

    Consolidated Income Statement – Q1FY22 USD Mn Particulars Q1FY22 Q4FY21 QoQ% Q1FY21 YoY% Revenues 199.7 172.1 16.0% 139.9 42.8% Direct Costs 140.1 117.1 19.6% 95.8 46.2% Gross Profit 59.7 55.1 8.4% 44.1 35.4% GM% 29.9% 32.0% -211 Bps 31.5% -163 Bps Selling / General And Administration 27.4 24.1 13.7

  6. Slide 6: Balance Sheet

    Balance Sheet INR Mn As at June 30 As at Mar 31 As at June 30 As at June 30 As at Mar 31 As at June 30 Particulars Particulars 2021 2021 2020 2021 2021 2020 Equity 606 606 605 Fixed Assets 5,665 4,516 4,666 Reserves & Surplus 23,401 24,055 19,630 Capital Work in Progress 9 2 3 Intangible Assets 15,0

  7. Slide 7: Financial Highlights for Q1FY22

    Financial Highlights for Q1FY22 Revenue ($ Mn) 16.0% QoQ 42.8% YoY Revenue (₹ Mn) 15.9% QoQ 38.3% YoY 199.7 14,616 172.1 12,615 139.9 10,570 Q1FY21 Q4FY21 Q1FY22 Q1FY21 Q4FY21 Q1FY22 EBITDA* ($ Mn) 4.2% QoQ 34.8% YoY EBITDA* (₹ Mn) 4.0% QoQ 30.6% YoY 30.9 32.2 2,268 2,359 23.9 1,806 Q1FY21 Q4FY21 Q1

  8. Slide 8: Revenue Mix

    Revenue Mix Geographical Mix Vertical Mix Americas 17% 14% 13% Banking 17% 17% 21% EMEA Insurance 36% 40% 35% 31% ROW Transport 33% 31% Others 19% 19% 19% 47% 46% 52% 30% 33% 29% Q1FY21 Q4FY21 Q1FY22 Q1FY21 Q4FY21 Q1FY22 Service Line Mix Location Mix ADM 15% 15% 14% Onsite CIMS Offshore BPM 19% 23%

  9. Slide 9: Key Client Metrics

    Key Client Metrics Order Intake ($ Mn) New Client Addition & Repeat Business USA 318 USA 150 11 11 11 12 EMEA 46 EMEA 1 1 2 10 ROW 201 APAC 100 97% 96% 186 5 86% 4 8 17 India 31 227 50 5 6 65 Repeat 70 Business 4 0 5 6 85 119 4 2 46 -50 0 Q1FY21 Q4FY21 Q1FY22 Q1FY21 Q4FY21 Q1FY22 Executable Order Bo

  10. Slide 10: People data

    People data People Numbers Utilization% (Excl BPO) 20,491 81% SLK Coforge 6,962 12,391 77% 77% +1,138 10,598 13,529 June’20 Mar’21 June’21 Q1FY21 Q4FY21 Q1FY22 Direct Sales & 258 1,494 Attrition % (Excl BPO) Marketing Others 12.6% 188 734 184 678 11.8% 18,739 11,469 9,736 10.5% June’20 Mar’21 June’2

  11. Slide 11: Key Metrics

    Key Metrics Top Client Mix Revenue by Project Type Top 5 Top 10 52% 51% 50% FPP 52% 54% 55% Top 20 38% 36% 36% T&M 48% 46% 45% 26% 25% 25% Q1FY21 Q4FY21 Q1FY22 Q1FY21 Q4FY21 Q1FY22 Q1FY21 Q4FY21 Q1FY22 Q1FY21 Q4FY21 Q1FY22 DSO Position Hedge USD 75.80 74.69 91.50 71 70 71 GBP 22.58 21.81 21.93 EUR 4

  12. Slide 12: End of Document

    End of Document © 2021 Coforge © 2021 Coforge 12

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