Slide 1: Investor Update Q1FY22
July 26, 2021 Investor Update Q1FY22 KPIT Technologies Ltd. 1
Slide 2: 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 3: Performance Overview
Performance Overview • Q1FY22 3
Slide 4: Q1FY22 Performance Overview
Q1FY22 Performance Overview KPIT Q1FY22 USD Revenue grows 18.3% Y-o-Y Comparable* Net Profit growth of 30% sequentially 1 Q1FY22 EBITDA at 17.3% as compared to 17.2% last quarter. 2 Net Profit for the quarter at ₹ 602 million as against ₹ 525 million last quarter 3 Q1FY22 reported revenue at USD 77.
Slide 5: Q1FY22 Performance Highlights
Q1FY22 Performance Highlights Sequential CC growth of 4.3% across passenger cars and 01 commercial vehicle verticals. Autonomous and Connected practices led the growth during the quarter Operating Margin (EBITDA) expansion despite fresher addition and acquisition related expenses. Improvement 02 in
Slide 6: Additional facts - timeseries
Additional facts - timeseries Revenue $ M EBITDA % 77.2 76.9 76.9 77.2 74.5 71.1 72.8 69.7 17.2% 17.3% 15.7% 65.3 65.3 14.6% 12.8% 13.4% 13.4% 13.5% 13.4% 14.3% Qtr End Net Cash ₹ B EBITDA ₹ M 8.22 8.78 981 931 6.30 739 737 751 811 727 662 697 5.28 639 3.94 3.28 2.04 2.58 1.81 0.90 7/26/2021 6
Slide 7: Management Quotes
Management Quotes Kishor Patil, CEO and MD, KPIT said,” We started the year in line with our expectations on a strong note, delivering growth, expansion in operating margins and sharper growth in net profit. The Mobility Industry is buoyant with increased investments in electrification, autonomous a
Slide 8: Cash Flow – Major Movement
Cash Flow – Major Movement INR Million Decrease in Working Capital – 228 Q-o-Q Increase in Net Cash : INR 562 Million Capex – 159 NET CASH (INR Mln) Q1FY22 Q4FY21 MicroFuzzy Balance Gross Cash 8,786 8,224 stake purchase - 240 Long Term Debt NIL NIL Cash and Cash Equivalents break-up ₹M Short Term De
Slide 9: New Engagements
New Engagements T25 Engagements, broad based across geographies A leading European Car Manufacturer selected KPIT for multiple strategic engagements in the Autonomous Driving domain A leading Asian Car Manufacturer selected KPIT for a large program in the in-vehicle architecture domain A leading Eur
Slide 10: FY22 – Focus Areas
FY22 – Focus Areas PLATFORMS AND PRACTICES We will invest in the right practices and new technologies relevant to our strategic clients to further differentiate KPIT as a Software Integration Partner ZERO DEFECT DELIVERY Our processes are aligned to ensure first time right delivery to our clients. F
Slide 11: FY22 – Revenue and Profitability
FY22 – Revenue and Profitability REVENUE GROWTH PROFITABILITY Platforms and Zero Practices Defect The revenue growth Delivery FY22 will see steeper momentum will wage hikes, fresher continue in FY22. The additions, higher growth is expected to Profitability operating costs & market be broad based ac
Slide 12: Other Updates
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Slide 13: Recognition
Recognition KPIT wins the multiple awards at the NASSCOM Engineering & Innovation Excellence Awards 2021 in the category - 'Service Delivery Excellence of the Year' KPIT is delighted and humbled to have won the 'Service Delivery Excellence of the Year' Award in the inaugural edition of NASSCOM's Eng
Slide 14: Thought Leadership Updates
Thought Leadership Updates Mr. Ravi Pandit shares insights at WRI India's virtual KPIT is back on the highway' - Feature in Business panel discussion on 'India's Energy Transition Towards India Magazine a Green Hydrogen Economy The feature highlights how KPIT has made its value Mr. Pandit shared his
Slide 15: Other Updates
Other Updates KPIT Lends a helping hand in KPIT relaunches it COVID care Vaccination Drive @ KPIT India’s fight against COVID center in Pune KPIT has begun the Vaccination Mr. Ravi Pandit, Chairman, KPIT KPIT re-launched its COVID drive for its employees and along with Mr. Pankaj Ballabh, Care Cente
Slide 16: Alternate Fuel Technologies Update (1/2)
Alternate Fuel Technologies Update (1/2) In the year 2019-20, KPIT sharpened its business focus to work only in the field of the automotive embedded software development and integration. In that year, KPIT decided to sell off all other activities which involved development of hardware/ software comp
Slide 17: Alternate Fuel Technologies Update (2/2)
Alternate Fuel Technologies Update (2/2) Sentient Labs Pvt Ltd is a research and development focused company funded by Proficient, one of the promoter entities of KPIT. From the beginning of the year 2020-21, Sentient took over the further development of the above hardware-led research activities. S
Slide 18: Financial and Operational Data
Financial and Operational Data • Snapshot 18
Slide 19: Profit & Loss Account Snapshot
Profit & Loss Account Snapshot INR MN DETAILS Q1FY22 Q4FY21 Q1FY21 Revenue from Operations 5,673.81 5,403.27 4,927.10 Other Income 99.76 51.53 25.17 Total Income 5,773.57 5,454.80 4,952.27 Operating Expenses 4,692.65 4,527.68 4,283.19 EBITDA 981.16 930.96 662.37 Depreciation 286.46 309.09 330.03 Thi
Slide 20: Balance Sheet Snapshot
INR MN Balance Sheet Snapshot ASSETS Q1FY22 Q4FY21 EQUITY & LIABILITIES Q1FY22 Q4FY21 NON-CURRENT ASSETS Equity Share Capital 2,691.54 2,690.44 Property, Plant & Equipment 1,909,14 1,968.11 Other Equity 9,857.96 9,377.97 Equity attributable to owners 12,549.50 12,068.41 Right-of-use Assets 2,438.75
Slide 21: Revenue Break-up
Revenue Break-up USD MN Geography Q1FY22 Q4FY21 Q1FY21 Q-o-Q Y-o-Y US 31.76 31.34 27.45 1.3% 15.7% Europe 30.37 29.77 25.74 2.0% 18.0% Asia 15.07 13.38 12.06 12.6% 25.0% TOTAL 77.21 74.48 65.25 3.7% 18.3% Verticals Q1FY22 Q4FY21 Q1FY21 Q-o-Q Y-o-Y Passenger Cars 58.40 56.68 50.76 3.0% 15.1% Commerci
Slide 22: P&L Metrics (Quarterly)
P&L Metrics (Quarterly) Q1FY22 Q4FY21 Q1FY21 Q-o-Q Y-o-Y Revenue by Contract Type Time & Material Basis 43.6% 45.4% 48.2% (0.5)% 6.9% Fixed Price Basis 56.4% 54.6% 51.8% 7.1% 29.0% Clients Strategic T21 Client Revenue 84.62% 85.64% 86% 2.4% 16.4% Active Clients 55 55 55 Revenue per Devp. Employee US
Slide 23: Currency wise revenues, Hedging Details
Currency wise revenues, Hedging Details Currency wise Q1FY22 Q4FY21 Q1FY21 O/s Hedge Details Q1FY22 revenue Hedge Rates USD 41.7% 43.5% 43.1% USD/INR 75.87 EUR 33.0% 33.9% 34.8% EUR/INR 92.69 GBP 5.7% 5.2% 4.2% GBP/INR 104.31 JPY 10.2% 8.9% 9.4% INR 4.9% 4.6% 5.3% Hedge Amounts(Mn) USD/INR 19.35 Oth
Slide 24: Headcount Data
Headcount Data Period End Headcount Q1FY22 Q4FY21 Q1FY21 Q-o-Q Y-o-Y Development 6,025 5,848 6,305 - - Enabling & Sales 539 518 501 - - Total 6,564 6,366 6,806 - - 4/28/2021 24
Slide 25: Contact us
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Slide 26: Conference Call Details
Conference Call Details Conference name : KPIT Technologies Q1 FY2022 Post Earnings Conference Call Date : Tuesday July 27, 2021 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. Sunil Ph
Slide 27: Contact
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 7/26/2021 27
Slide 28: Contact
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 7/26/2021 28
Slide 29: Thank You
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