Slide 1: Exchange filing cover letter
Regd. Office : PUNE: InfeBeans’ SEZ Unit : Crystal IT Park, Unit 101-C, Level 1, Delta -1, STP-I, 2nd Floor, Giga Space IT Park, CREATING WOW! Ring Road, Viman Nagar, Indore - 452 001 (M.P.) India Pune - 411014 (M.H.), India T:+91 731 7162000 T: +91 20 67211838 To, Date: 07'* May, 2024 The Listing a
Slide 2: InfoBeans Investors Call
InfoBeans Investors Call Quarter and year ended on 31st Mar, 2024
Slide 3: About InfoBeans
About InfoBeans InfoBeans, founded in 2000 and now 1500+ strong, is a global Digital Transformation and Product Engineering organization. We strive to deliver exceptional and meaningful value to our clients using best software technologies while solving their complex business problems. Strengthened
Slide 4: Transformation over the years
Transformation over the years 2023 2024 2018 Revenue 399 Crs Fortune 500 2017 clients in each 2021 market IPO on Acquired Pune based 2012 NSE Eternus Solutions CMMi level 3 2019 2004 2005 Partnership with agineo Opened Opened in US 2015 Pune office 2007 2016 2014 Acquired US based Philosophie Group,
Slide 5: InfoBeans at a glance
InfoBeans at a glance Overview 2000 14 1500+ 67 29 Born Years of active Team members Clients with over Large Enterprise growth smiling ₹1 Cr invoiced Clients Financials ₹ 385 ₹ 66 ₹ 22 ₹ 205 26% FY 2023-24 in INR Crs Revenue EBITDA PAT Cash & Equivalent Revenue CAGR Includes 73 Cr AR Last 5 years Pa
Slide 6: InfoBeans Global Service offerings
InfoBeans Global Service offerings Enterprise software User experience and AI enabled Solutions Salesforce consulting & Robotic process engineering for web, interaction design implementation - automation mobile & cloud Deliver solutions using marketing, sales, service, Rapid prototyping & tools like
Slide 7: Key Updates
Key Updates
Slide 8: Key business updates
Key business updates Performance & Efficiency New clients and Talent Growth Investments Events & applauds ESG & CSR Launched 4th InfoBeans Increase in revenue Acquired 3 large Inorganic - ServiceNow Recognised as a ServiceNow consulting Foundation centre at helped in improving the enterprise clients
Slide 9: Creating WOW
Creating WOW Awarded as ServiceNow Consulting and Implementation Partner of 2024 8
Slide 10: Team Overview
Team Overview
Slide 11: Board of Directors
Management Team Board of Directors Siddharth Sethi Mitesh Bohra Avinash Sethi Co-founder Co-founder Co-founder Shilpa Saboo Sumer Bahadur Singh Mayuri Mukherjee Independent Director Independent Director Independent Director 10
Slide 12: Highly Experienced Core Team
Management Team Highly Experienced Core Team Jitendra Tanna Emerson Taymor Amit Makhija Growth Evangelist | EVP SVP, Sales & Marketing SVP, Digital Transformation ⎻ 33 years in Management & Design & Innovation Practice - 25 years in Software Dev & Engineering ⎻ 15 years in Design & Sales Management
Slide 13: Highly Experienced Core Team
Management Team Highly Experienced Core Team Arpit Jain Chaitanya Pandya Darshana Jain VP Design VP, Delivery VP, Technology - 18 years in Software Salesforce Practice - 18 years of experience Design & Engineering - 10 years experience - 2 years with InfoBeans - 18 years with InfoBeans in working on
Slide 14: Highly Experienced Core Team
Management Team Highly Experienced Core Team Manish Malpani Ram Lakshmi Tarulata Champawat VP, Operations VP Client Success (USA) VP, Sales & Marketing (USA) - 19 years in Project - 29 years in Software Sales - 24 years in Engineering & Management - 14 years with InfoBeans Sales - 14 years with Info
Slide 15: Clients
Clients
Slide 16: Meet some of our clients
Clients Meet some of our clients 172 year old brand, legal Only Company in the world Full range of SaaS based content publisher in all offering tech solutions for life integrated Human Resources the states of US sciences healthcare compliance solutions Under NDA Under NDA A Fortune 200, among A Fort
Slide 17: Clients’ key metrics
Clients’ key metrics 2022-23 2023-24 Generated 92% Client mix business from - Fortune 500 15 14 existing clients - Enterprise (> $1bn) 14 15 Clients billed more than $1mn 13 11 Clients billed more than INR 1 Cr revenue 75 67 Share of revenue from existing clients() 90% 92% Total Clients 183 193 16
Slide 18: Top clients
Top 10 clients Growth rate 231% 38% 37% 31% 19% 14% 9% -3% -7% -16% Expanded in 7 out of top 10 clients 50% of the revenue comes from Top 10 Revenue (INR cr) clients Long term trust reflects in average tenure of 9 years 17
Slide 19: Clients with high absolute revenue growth
Clients with high absolute revenue growth (Rs cr) 12 8 6 5 4 4 3 3 3 3 % 231% 31% NA 203% 174% 157% 38% 180% 29% 77% More than 100% growth in 5 out of the 10 growth accounts Revenue (INR cr) 9 out of 10 are repeat clients 18
Slide 20: Financial Update
Financial Update
Slide 21: Financial snapshot: Jan-Mar 2024
Financial snapshot : Jan-Mar 2024 (₹ in crores) Quarter Mar 2024 Mar 2023 YoY Change Dec 2023 QoQ Change Revenue ₹ 100 ₹ 97 3% ₹ 94 6% EBITDA ₹ 21 ₹ 16 31% ₹ 16 31% PAT ₹9 ₹5 95% ₹ 6 66% In USD terms, revenue increased by 2% QoQ 20
Slide 22: Audited Consolidated Profit & Loss for Jan-Mar 2024
Financial Highlights Audited Consolidated Profit & Loss for Jan-Mar 2024 (in ₹ Crore) Quarter Ended Particulars Mar 2024 Mar 2023 Dec 2023 Revenue Revenue from operations 97 92 89 Uptick in demand seen in clients across various segments Other income 3 5 5 EBITDA Total Revenue 100 97 94 Improvement on
Slide 23: Financial snapshot: Apr-Mar 24
Financial snapshot : Apr-Mar 24 (₹ in crores) Mar 2024 Mar 2023 YoY Change Revenue ₹ 384 ₹ 399 (4)% EBITDA ₹ 67 ₹ 85 (22)% % 17% 21% PAT ₹ 22 ₹ 36 (38)% % 6% 9% In USD terms, revenue declined by 8% 22
Slide 24: Audited Consolidated Profit & Loss as on 31st Mar, 2024
Financial Highlights Audited Consolidated Profit & Loss as on 31st Mar, 2024 (in ₹ Crore) Year Ended Particulars Mar 2024 Mar 2023 Revenue Revenue from operations 369 385 Observed a marginal drop in the revenue on account of softening in Other income 15 14 first three quarters. The demand is picking u
Slide 25: Margin movement
FINANCIAL HIGHLIGHTS Margin movement Year ended As a % of revenue Mar 2024 Mar 2023 Diff Drivers impacting the margins - Team expense 70.2% 67.5% -2.8% - Sales, marketing and traveling 1.4% 0.8% -0.6% expenses - Provision for bad debts 0.9% 1.5% +0.6% - Professional services 4.5% 3.7% -0.8% - Other
Slide 26: Audited Consolidated Balance Sheet as on 31st Mar, 2024
Financial Highlights Audited Consolidated Balance Sheet as on 31st Mar, 2024 (in ₹ Crore) Year Ended Particulars Mar 2024 Mar 2023 Assets Assets Non current assets decreased primarily on account of reduction in Non current 189 237 intangibles assets to the tune of INR 44cr Current Assets 216 186 Cur
Slide 27: Revenue breakup
Financial Highlights Revenue breakup By geography By segment By business *Based on client HQ 26
Slide 28: Key performance indicators
Historical Performance Key performance indicators Revenue EBITDA (in ₹ Crs) (in ₹ Crs) CAGR - 26% PAT ROE and ROCE (in ₹ Crs) (in ₹ Crs) 27
Slide 29: On the ground
On the ground
Slide 30: InfoBeans WoW Squad
InfoBeans WoW Squad Team members from backbone Our ServiceNow Superstars #Mommy #first Celebrating journey of our team members at various level 29
Slide 31: Events || ServiceNow
Events || ServiceNow Sponsor at ServiceNow ServiceNow Summit in Service Developers meet Summit in Calgary Mumbai @ Indore Anuja Pawar and Khushboo Bajaj Our ServiceNow experts Jitin Vijendra Sainy, Jasdeep Chawla, set up a booth at the ServiceNow Hirani, Narendra Tambe, Priti and Vaibhav Dane showca
Slide 32: Events || Salesforce, UXDX, Others
Events || Salesforce, UXDX, Others Philippines Dreamin’ 24 UXDX Community Opening Event GDS Digital Innovation Summit Sahil Dhatrak the key speaker at Emerson Taymor, SVP Design, was a Emerson Taymor and Denise the Philippines Dreamin 2024 featured speaker at the UXDX Community Cheung attended the G
Slide 33: Celebrations @ InfoBeans
Celebrations @ InfoBeans Pongal Celebration Women’s Day Celebration at Chennai office 32
Slide 34: A business should benefit humans
A business should benefit humans CSR & ESG updates 33
Slide 35: InfoBeans Foundation - Update
InfoBeans Foundation - Update ➝ Launched fourth centre at MIMA Balewadi, Pune with 40 students, batch to commence in June ➝ Currently teaching 200 students in 5 batches across 3 centers in Indore ➝ 150 Students have successfully completed their programme and 120 students got placed in the last 4 yea
Slide 36: ESG update
ESG update ➝ Planted 615 trees during the year, started another initiative of planting a tree on each team members birthday in collaboration with Grow Billion Trees ➝ "Conducted a Health Check-Up Camp in alignment with our ESG (Environmental, Social, and Governance) commitments at Indore & Pune ➝ In
Slide 37: Market data
Market data 36
Slide 38: Market data
Market data Price data as of 31st Mar, 2024 Face Value 10.00 Equity Shares 242.98 Outstanding (Lakhs) Trailing 12 months EPS (₹) 9.25 Market Price (₹) 366.05 Market Cap (₹ Crs) 889.44 Trailing PE 39.57 37
Slide 39: Thank You!
Thank You! Mridul Maheshwari Corporate Development & IR investor.relations@infobeans.com