Network People Services Technologies Limited · NSE:NPST
Network People Services Technologies — Q1 FY25 Earnings Presentation
31 slides from Network People Services Technologies's earnings presentation, Jul 24, 2024
Slide 1: Exchange intimation letter for Investor Presentation
SYMBOL: NPST Dated: July 24, 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 ended June 30,
Slide 2: NPST Results Q1 FY25 Investor Presentation
NPST Results Providing digital technology across financial value chain Q1 FY25 Investor Presentation
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 Across Financial Value Chain Merchant acquiring platform and API banking techn
Slide 4: NPST Today
NPST Today #1 126% 500+ Sole Provider Net Profit Growth Merchant Locations PAN India Across financial value chain CAGR 2020-24 14 2M+ 1BN+ Banks Bank Merchants Banking Txns per month 100+ 150K+ 300+ Payment Aggregators Sub merchants Dedicated Payment Associates 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 In ₹ Cr Particulars Total Net Profit EPS Delivering value across financial ecosystem Revenue (In ₹) In ₹ Cr FY21 15.27 1.07 2.38 Incremental value FY22 19.49 1.49 2.31 proposition in Industry FY23 41.13 6.52 3.36 120 FY24 130.08 26.71 13.78 Q1 FY25 60.19 15.62 8.06* *Adjusted EBITDA 40
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 & Sound Box www.npstx.com | 07
Slide 9: Q1 FY25 Standalone Key Financial Highlights
Q1 FY25 Standalone Key Financial Highlights In ₹ Cr 60.19 All Figures In ₹ Cr & Margin in % 24.88 22.15 15.62 Particulars Q1 FY25 Q1 FY24 YoY Growth 7.90 5.15 Total Revenue 60.19 24.88 141.98% Total Revenue EBITDA Net Profit EBITDA 22.15 7.90 180.32% Q1 FY24 Q1 FY25 EBITDA (%) 36.80% 31.77% 503 Bps
Slide 10: FY24 Key Financial Highlights
FY24 Key Financial Highlights 130.08 In ₹ Cr All Figures In ₹ Cr & Margin in % 41.13 43.7 Particulars FY24 FY23 YoY Growth 26.71 12.38 6.52 Total Revenue 130.08 41.13 216.27 % Total Revenue 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
Slide 11: Quarter On Quarter Key Metrics Comparison
Quarter On Quarter Key Metrics Comparison All Figures In ₹ Cr & Margin in % Particulars Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Total Income 24.88 28.42 32.07 44.71 60.12 Income Growth (Q-o-Q) 16.18% 14.26% 12.82% 39.43% 34.47% EBITDA 7.89 9.50 10.98 15.31 22.15 EBITDA Growth (Q-o-Q) 19.08% 20.30% 1
Slide 12: 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 13: 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 14: Other Update
Other Update New Milestone Achieved: We're in the Top 4000 for Market Capitalization! Included in top 1,000 Technoviti Innovation Award Best Fintech Startup 2024 for its EvoK Payment (Silver)” at the 4th BW companies by Platform as a Service Businessworld Festival of market cap (PPaaS). Fintech Awar
Slide 15: Management Overview
Management Overview
Slide 16: 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 17: Industry Overview
Industry Overview
Slide 18: 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 19: Exponential UPI Growth Since Inception
Exponential UPI Growth Since Inception UPI Transaction Volume (In Lakh) 13,11,648 8,37,192 NPST is one of the Technology partners in NPCI’s UPI 4,59,675 ecosystem managing payment processing engine for 1,25,186 2,23,307 banks. 9,152 53,915 179 2017 2018 2019 2020 2021 2022 2023 2024 UPI Transaction
Slide 20: 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 21: Financial Overview
Financial Overview
Slide 22: Q1 FY25 Standalone Performance Highlights
Q1 FY25 Standalone Performance Highlights All Figures In ₹ Cr & Margin in % Total Income EBITDA Net Profit 22.15 15.62 58.85 24.48 7.90 5.15 Q1 FY24 Q1 FY25 Q1 FY24 Q1 FY25 Q1 FY24 Q1 FY25 www.npstx.com | 22
Slide 23: Q1 FY25 Standalone Result Highlights
Q1 FY25 Standalone Result Highlights All Figures In ₹ Cr & Margin in % Particulars Q1 FY25 Q1 FY24 Y-O-Y Revenues 58.85 24.48 Other Income 1.34 0.40 Total Income 60.19 24.88 141.98% Raw Material costs 21.34 8.54 Employee costs 12.78 6.80 Other expenses 3.92 1.63 Total Expenditure 38.04 16.97 EBITDA
Slide 24: Q1 FY25 Consolidated Performance Highlights
Q1 FY25 Consolidated Performance Highlights All Figures In ₹ Cr & Margin in % Total Income EBITDA Net Profit 60.26 22.17 15.62 24.88 7.90 5.16 Q1 FY24 Q1 FY25 Q1 FY24 Q1 FY25 Q1 FY24 Q1 FY25 www.npstx.com | 22
Slide 25: Q1 FY25 Consolidated Result Highlights
Q1 FY25 Consolidated Result Highlights All Figures In ₹ Cr & Margin in % Particulars Q1 FY25 Q1 FY24 Y-O-Y Revenues 58.86 24.48 Other Income 1.40 0.40 Total Income 60.26 24.88 142.19% Raw Material costs 21.30 8.54 Employee costs 12.79 6.80 Other expenses 4.00 1.63 Total Expenditure 38.09 16.97 EBITD
Slide 26: Profit & Loss Statement – FY24
Profit & Loss Statement – FY24 All Figures In ₹ Cr & Margin in % 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.
Slide 27: Balance Sheet – FY24
Balance Sheet – FY24 All Figures In ₹ Cr & Margin in % 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 Liabili
Slide 28: Cash Flow Statement – FY24
Cash Flow Statement – FY24 All Figures In ₹ Cr & Margin in % 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
Slide 29: 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 30: Stock Data
500.00 1000.00 1500.00 2000.00 2500.00 3000.00 0.00 Source - NSE 12-Aug-2021 23-Aug-2021 01-Sep-2021 13-Sep-2021 Face Value (₹) 23-Sep-2021 Share Price (₹) 04-Oct-2021 13-Oct-2021 26-Oct-2021 16-Nov-2021 52 week High-Low (₹) 30-Nov-2021 17-Dec-2021 31-Dec-2021 No. of Shares Outstanding 17-Jan-2022 M
Slide 31: Thank You!
Thank You! www.npstx.com | 15
Network People Services Technologies — Q1 FY25 Earnings Presentation on 6ix