32 slides from Network People Services Technologies's earnings presentation, Apr 25, 2024
Slide 1: Exchange filing cover letter: Investor Presentation
SYMBOL: NPST Dated: 25th April, 2024 ISIN: INE0FFK01017 To, The Manager-Listing Department, The National Stock Exchange of India Limited, Exchange Plaza, NSE Building, Bandra Kurla Complex, Bandra East, Mumbai-400 0513 Fax: 022-26598237, 022-26598238 Subject: General Updates for quarter and year end
Slide 2: NPST Results FY24
NPST Results Providing digital technology across financial value chain FY24
Slide 3: About NPST
About NPST NPST, is engaged in providing software and Digital payment solutions to the Banking and VISION Fintech segment, primarily focusing on Payment solutions (UPI and IMPS), Mobile Banking, Provide Digital Technology To Financial Value Chain Merchant acquiring platform and API banking technolog
Slide 4: NPST Today
NPST Today #1 128% 500+ Sole Provider CAGR 2022-24 Locations Across financial value chain 14 2M+ 1BN+ Banks Bank Merchants Banking Txns per month 100+ 150K+ 30M+ Aggregators Sub merchants Transactions monthly www.npstx.com | 03
Slide 5: Simplifying Payment Complexity
Simplifying Payment Complexity Merchant 3 Bank 2 User 2 1 NPCI FinTech User Payment Merchant FinTech Aggregator Central Bank Bank Merchant Merchant Aggregator FinTech FinTech FinTech Bank Merchant www.npstx.com | 04
Slide 6: Our Evolution
Our Evolution Delivering value across financial ecosystem In Rs Crs Incremental value proposition in Industry 120 In ₹ Cr Particulars Total Net Profit EPS 40 Revenue (In ₹) Post IPO: Moving up the financial FY21 15.27 1.07 2.38 value chain FY22 19.49 1.49 2.31 20 FY23 41.13 6.52 3.36 8 years to buil
Slide 7: Strategic Areas of Focus
Strategic Areas of Focus For Banks & Financial Institutions For Payment Aggregator & Merchants Transaction Processing Engines 1 1 Online API engine – Payin I Payout I IMPS | UPI | Mobile Banking I Merchant AutoPay Acquiring Super App – Banking and Offline Payments – QR and Lifestyle Services 2 2 Sou
Slide 8: Products and Innovations to Sustain Growth
Products and Innovations to Sustain Growth First to Launch Enhanced API Live Payment Launched ODR Gateway Monitoring Solutions TimePay First to Launch Rolled out Merchant Offline Payments QR Instant Merchant Refund Experience Platform & SoundBoc www.npstx.com | 07
Slide 9: Q4 FY24 Key Financial Highlights
Q4 FY24 Key Financial Highlights 44.71 In ₹ Cr 21.41 All Figures In ₹ Cr 15.31 10.02 Particulars Q4 FY24 Q4 FY23 YoY Growth 6.63 3.84 Total Revenue 44.71 21.41 108.83% Revenues EBITDA Net Profit EBITDA 15.31 6.63 130.92% Q4 FY23 Q4 FY24 EBITDA (%) 34.24% 30.97% 328 Bps Net Profit 10.02 3.84 160.94%
Slide 10: H2 FY24 Key Financial Highlights
H2 FY24 Key Financial Highlights In ₹ Cr 76.78 All Figures In ₹ Cr 31.72 26.29 Particulars H2 FY24 H2 FY23 YoY Growth 16.55 10.06 5.65 Total Revenue 76.78 31.72 142.06% Revenues EBITDA Net Profit EBITDA 26.29 10.06 161.33% H2 FY23 H2 FY24 EBITDA (%) 34.24% 31.72% 252 Bps Net Profit 16.55 5.65 192.90
Slide 11: FY24 Key Financial Highlights
FY24 Key Financial Highlights 130.08 In ₹ Cr All Figures In ₹ Cr 41.13 43.7 Particulars FY24 FY23 YoY Growth 26.71 12.38 6.52 Total Revenue 130.08 41.13 216.27 % Revenues EBITDA Net Profit EBITDA 43.70 12.38 252.99 % FY23 FY24 EBITDA (%) 33.59% 30.10% 350 Bps Net Profit 26.71 6.52 309.66 % 33.59 In
Slide 12: Quarter On Quarter Key Metrix Comparison
Quarter On Quarter Key Metrix Comparison All Figures In ₹ Cr Particulars Q4 FY23 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Total Income 21.41 24.88 28.42 32.07 44.71 Income Growth (Q-o-Q) 16.18% 14.26% 12.82% 39.43% EBITDA 6.63 7.89 9.50 10.98 15.31 EBITDA Growth (Q-o-Q) 19.08% 20.30% 15.61% 39.44% EBITDA Mar
Slide 13: Key Financial Highlights – FY24
Key Financial Highlights – FY24 All Figures In ₹ Cr Total Income EBITDA Net Profit 130.08 43.70 26.71 41.13 12.38 6.52 19.49 15.25 15.27 3.00 3.81 2.29 1.03 1.07 1.49 FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24 www.npstx.com | 12
Slide 14: Updates Business Verticals
Updates Business Verticals Technology TPAP Service Provider Payment Platform as a Service Secured order for our new product BBPS Bill Increased API penetration with 10000 additional aggregation switch from two banks merchants for PA PG clients Secured PO for ODR solution from one bank Initiated Payo
Slide 15: Other Update
Other Update Market Capitalization Milestone: We Crack the Top 1000! Included in top 1,000 Economic Times Award D&B Award for companies by for Best BFSI Brand Innovation in Banking market cap & Payments Bonus issue in the Strengthened Strengthened Board Leadership team - Key ratio of 2:1 Onboarded E
Slide 16: Management Overview
Management Overview
Slide 17: Board Of Directors
Board Of Directors Mr. Deepak Chand Thakur Mr. Ashish Aggarwal Mrs. Savita Vashist Chairman & Managing Director Joint Managing Director Executive Director www.npstx.com | 16
Slide 18: Industry Overview
Industry Overview
Slide 19: Fintech in India
Fintech in India India is amongst the fastest growing Fintech markets in the world. 2025 2021 ~$ 150 Bn $ 50 Bn Market size 2013 $ 1.5 Bn The Payments landscape in India is expected to reach $ 100 Tn in transaction volume and $ 50 Bn in terms of revenue by 2030 www.npstx.com | 18
Slide 20: Exponential UPI Growth Since Inception
Exponential UPI Growth Since Inception UPI Transaction Volume (In Lakh) 9,34,191 8,37,192 NPST is one of the Technology 4,59,675 partners in NPCI’s UPI ecosystem managing 2,23,307 payment processing engine for 1,25,186 banks. 53,915 179 9,152 2017 2018 2019 2020 2021 2022 2023 9M 2024 UPI Transactio
Slide 21: Accelerated Migration To Digital Led By UPI
Accelerated Migration To Digital Led By UPI UPI Adoption & Expected Growth Cheque ATM NEFT NACH POS Internet Banking* Pre Paid Instruments UPI 73% UPI saw about 9x transaction 63% volume increase in past 3 years, increasing from 500 Cr transactions in FY19 to about 4600 Cr transactions in FY22 29% U
Slide 22: Financial Overview
Financial Overview
Slide 23: H2 FY24 Consolidated Performance Highlights
H2 FY24 Consolidated Performance Highlights All Figures In ₹ Cr Total Income EBITDA Net Profit 26.30 26.72 76.86 31.73 10.06 6.52 H2 FY23 H2 FY24 H2 FY23 H2 FY24 H2 FY23 H2 FY24 www.npstx.com | 22
Slide 24: H2 FY24 & FY24 Consolidated Result Highlights
H2 FY24 & FY24 Consolidated Result Highlights In ₹ Cr Particulars H2 FY24 H2 FY23 Y-O-Y FY24 FY23 Y-O-Y Revenues 75.11 31.52 127.55 40.84 Other Income 1.75 0.21 2.64 0.34 Total Income 76.86 31.73 142.23% 130.19 41.18 216.15% Raw Material costs 28.74 11.06 46.78 12.53 Employee costs 16.89 8.57 31.30
Slide 25: H2 FY24 & FY24 Standalone Result Highlights
H2 FY24 & FY24 Standalone Result Highlights In ₹ Cr Particulars H2 FY24 H2 FY23 Y-O-Y FY24 FY23 Y-O-Y Revenues 75.10 31.51 127.51 40.79 Other Income 1.68 0.21 2.57 0.34 Total Income 76.78 31.72 142.06% 130.08 41.13 216.27% Raw Material costs 28.73 11.05 46.76 12.50 Employee costs 16.89 8.58 31.30 12
Slide 26: Key Financial Highlights – FY23
Key Financial Highlights – FY23 All Figures In ₹ Cr Total Income EBITDA PAT 130.08 43.70 26.71 41.12 12.37 6.52 19.49 3.81 1.49 FY22 FY23 FY24 FY22 FY23 FY24 FY22 FY23 FY24 www.npstx.com | 25
Slide 27: Profit & Loss Statement – FY24
Profit & Loss Statement – FY24 In ₹ Cr Particulars FY22 FY23 FY24 Revenues 19.16 40.79 127.51 Other Income 0.33 0.34 2.57 Total Income 19.49 41.13 130.08 Raw Material costs -1.28 12.5 46.76 Employee costs 6.57 12.72 31.30 Other expenses 10.39 3.53 8.32 Total Expenditure 15.68 28.75 86.38 EBITDA 3.81
Slide 28: Balance Sheet – FY24
Balance Sheet – FY24 ₹ In Cr. In ₹ Cr Equities & Liabilities FY22 FY23 FY24 Assets FY22 FY23 FY24 Equity 6.46 6.46 19.39 Non Current Assets Reserves 15.59 22.11 38.14 Fixed assets 10.62 13.06 6.94 Net Worth 22.05 28.57 57.52 Non-current investments 0.01 0.77 4.26 Non-current Liabilities Long Term Lo
Slide 29: Cash Flow Statement – FY24
Cash Flow Statement – FY24 In ₹ Cr Particulars FY22 FY23 FY24 Cashflow from Operations -7.44 12.01 43.05 Cashflow from Investments -5.49 -5.73 -3.86 Cashflow from Financing 13.45 0.19 -0.09 Net Cash flow 0.53 6.47 39.10 Opening Cash & Cash Equivalent 0.44 0.97 19.31 Closing Cash & Cash Equivalent 0.
Slide 30: Key Ratios – FY24
Key Ratios – FY24 Profit Margins In % Adjusted EPS In ₹ Adjusted Book Value In ₹ EBITDA PAT 13.78 29.67 33.59 30.1 10.09 19.89 20.53 15.85 14.74 11.37 7.78 2.31 FY22 FY23 FY24 FY22 FY23 FY24 FY22 FY23 FY24 Quick Ratio In Times Return Ratios In % EV/EBITDA In Times 3.66 ROE ROCE 712.78 2.41 61.47 2.1
Slide 31: Stock Data
Stock Data NSE: NPST ISIN: INE0FFK01017 Share Holding Pattern As on 24-04-2024 As on 31-03-2024 0.19% Share Price (₹) 1400.00 Promoter & Promoter Group Market Capitalization (₹ Cr) 2,714.04 32.26% Public No. of Shares Outstanding 1,93,86,000 67.55% FII Face Value (₹) 10.00 52 week High-Low (₹) 1,581
Slide 32: Thank You!
Thank You! www.npstx.com | 15