Slide 1: Q2 FY24 Results Earnings Announcement
The World’s only NextGen Open Finance, Composable and Contextual Financial Technology Company Q2 FY24 Results Earnings Announcement
Slide 2: Safe Harbour Statement
Safe Harbour Statement Certain statements in this release concerning our future prospects are forward-looking statements. Forward-looking statements by their nature involve a number of risks and uncertainties that could cause actual results to differ materially from market expectations. These risks
Slide 3: Intellect: A Global Financial technology Company
Intellect: A Global Financial technology Company The World's Only Nextgen, Composable and Contextual Financial Technology Platform Our Purpose • Accelerating digital transformation and value creation To provide Large Enterprise Grade Composable • With Design Thinking in our DNA and Contextual soluti
Slide 4: Design is at the Heart of Digital Strategy
Design is at the Heart of Digital Strategy The single most powerful competitive differentiator for financial institutions to drive Digital Leadership Understanding Requirements Stated / Felt / Unstated Observing Patterns Connecting the dots World’s first design center for FinTech 8012 Design Center,
Slide 5: The World's Largest Open Finance Platform
the World’s Largest Open Finance Platform which is an arcade of the most comprehensive Microservices and APIs, enabling banks to move progressively to Wave 5 285 1214 200+ ready-to-use APIs Events Microservices on Cloud 5
Slide 6: Open Finance Platforms
IDX, Underwriting, Wealth, Capital Market, iESG eMACH.ai IDC, Quantum, iKredit360, Digital Open Finance Engagement Platform, Capital Cube Platforms CTX, Payments,DTB, iColumbus.AI 6
Slide 7: Performance Overview
PERFORMANCE OVERVIEW —_—_—_—_—>=
Slide 8: Q2 FY24 - Financial Highlights
Q2 FY 24 - Financial Highlights 621 Cr 147 Cr 338 Cr 54% 335 Cr Licence Linked Revenue (INR) Total Revenue Platform Gross Margin (INR) Gross Margin% (License + Platform + AMC Revenues) (INR) Revenue (INR) 1039 Cr 76 Cr 112 Cr 125 Cr 20% Annual Recurring Revenue (ARR) (On Annualised Basis) License (I
Slide 9: H1 FY24 - Financial Highlights
H1 FY 24 - Financial Highlights 1266 Cr Total Revenue 288 Cr Platform 704 Cr 56% 695 Cr Licence Linked Revenue (INR) Gross Margin (INR) Gross Margin% (License + Platform + AMC (INR) Revenue (INR) Revenues) 188 Cr 219 Cr 280 Cr 22% 22 License (INR) AMC (INR) EBITDA (INR) EBITDA % Deal Wins 164 Cr 116
Slide 10: LTM Q2 FY24 - Financial Highlights
LTM Q2 FY 24 - Financial Highlights 2441 Cr Total Revenue 513 Cr Platform 1354 Cr 55% 1310 Cr Licence Linked Revenue (INR) Gross Margin (INR) Gross Margin% (License + Platform + AMC (INR) Revenue (INR) Revenues) 373 Cr 423 Cr 528 Cr 22% 40 License (INR) AMC (INR) EBITDA (INR) EBITDA % Deal Wins 317
Slide 11: Predictable and Sustainable Growth
Predictable anD SUSTAINABLE Growth Cash: Cash position as of Q2FY24 is 613 Cr LTM Revenue: 20% CAGR in 3 with Collections crossing 1100 Cr in H1 years and 18% CAGR in 1 year 7 1 DSO: Days sales LTM LLR: 21% CAGR in 3 outstanding for Q2FY24 is 6 2 years and 17% CAGR in 1 year 109 5 3 LTM PAT: 34% CAG
Slide 12: Predictable and Sustainable Growth in LTM of Twelve Quarters: Total Revenue
Predictable and Sustainable Growth IN LTM of TWELVE QUARTERS Sep 23 2441 Total Revenue (INR Crs) Jun 23 2350 Mar 23 Dec 22 2246 Sep 22 2126 Jun 22 2072 Mar 22 1990 Dec 21 1856 Sep 21 1751 Jun 21 1631 Mar 21 1556 Dec 20 1499 Sep 20 1464 1402 12
Slide 13: Predictable Growth in LTM of Twelve Quarters: License Linked Revenue
Predictable Growth in LTM of TWELVE QUARTERS Sep 23 1310 License Linked REvenue (INR Crs) Jun 23 Mar 23 1252 Dec 22 1173 Sep 22 1121 Jun 22 1124 Mar 22 1101 Dec 21 1057 Sep 21 1000 Jun 21 924 Mar 21 876 Dec 20 813 Sep 20 795 733 13
Slide 14: Revenue Mix: Currency Wise Q2 FY24
Revenue Mix: CURRENCY WISE Q2 FY 24 EURO 6% OTHERS 5% USD 38% INR 28% CAD 4% GBP 18% 14
Slide 15: Financial Results for the Second Quarter Ended September 30, 2023
Financial Results for the Second Quarter Ended – September 30, 2023 Additional Information on function wise classification of the statement of Profit and Loss of the Group INR Crs Quarter Ended Half Year Ended Last Twelve Months (LTM) Sep 30, 2023 Sep 30, 2022 Sep 30, 2023 Sep 30, 2022 Sep 30, 2023
Slide 16: Accelerating Growth with eMACH.ai
accelerating growth with eMACH.ai 16
Slide 17: Two Large Destiny Deals Won in Pacific Region
TWO Large DESTINY Deals Won in Pacific region for eMACH.ai powered Digital Core Platform A wholly-owned subsidiary of a leading development bank in the Pacific region, which is licensed to provide inclusive financial services to the indigenous-owned SME’s and low-income households to enable them to
Slide 18: eMACH.ai Accelerates Growth with Deal Wins in Q2 FY24
eMACH.ai accelerates growth with 11 Deal Wins in Q2 FY 24 Other Significant deal wins of the quARTER Are: Americas IMEA A Top 15 US bank has extended its trust with iGTB’s CTX solution An Indian public sector bank has chosen iGCB’s eMACH.ai enabled Capital Cube A leading bank in the UAE and the 4th
Slide 19: Customer Trust Growing with OTIF Deliveries - Go Lives in Q2 FY24
Customer Trust growing with OTIF Deliveries - 13 Go lives in q2 fy 24 The digital transformations of the quarter Are: Americas APAC A leading Islamic bank headquartered One of the Top 20 largest banking in Kuala Lumpur, Malaysia went live institutions in the world has gone live with with eMACH.ai en
Slide 20: eMACH.ai: Acknowledged as a Transformative Open Finance Platform
eMACH.ai: Acknowledged as a Transformative Open Finance Platform by industry Wealth Briefing WealthTech100 Gartner ISG Asia Intellect cited as a sample > Intellect Design's - Payment WealthForce.AI was vendor in Gartner's Hype Processing Platform has been named a winner in the IntellectAI was named
Slide 21: Strong Funnel Progression for the Year
Strong Funnel Progression for the Year The current funnel of Intellect Destiny INR 7520 Cr INR 7240 Cr Deals Q2 FY 24 Q1 FY 24 Q2 FY 23 INR 6528 Cr # Of Deals 74 73 66 Q1 FY 24 Q2 FY 23 Avg Deal Size Q2 FY 24 Inr Cr 53 53 43 Q2 FY 24 Q1 FY 24 Q2 FY 23 As % of Out of INR 7,520 Cr Out of INR 7,240 Cr
Slide 22: Destiny Deals - Consistent Growth in Big Ticket Deals
Destiny Deals - consistent growth in big ticket deals Q2 FY 24 Q1 FY 24 Q2 FY 23 • 1 won > INR 50 Cr 19 • 17 from previous qtr • 2 added 18 15 • 2 Won INR 30 Cr – • 1 Lost INR 50 Cr 25 • 22 from previous qtr 25 23 • 3 Added • 4 Won INR 20 Cr – INR 30 Cr 30 • • 2 Lost 24 from previous qtr 30 28 • 6 a
Slide 23: Stock Information
Stock Information Shareholding Pattern (As on 30th September 2023) Stock Data (As on 30th September 2023) Market Cap ₹ 9638 Cr. Stock Price 706 Others Promoters 52 Week (High / Low) ₹ 747/389 FPI NSE / BSE - Symbol INTELLECT / 538835 3.28% No. of Shares Outstanding 136518710 Mutual Funds Average Dai
Slide 24: Contacts
Contacts Vasudha Subramaniam Praveen Malik Nachu Nagappan Chief Financial Officer Investor Relations Corporate Communication vasudha.s@intellectdesign.com +91 8939782837 +91 8939619676 praveen.malik@intellectdesign.com nachu.nagappan@intellectdesign.com 24
Slide 25: Copyright notice
© 2023, Intellect Design Arena Limited. All rights reserved. These materials are confidential and proprietary to Intellect and no part of these materials should be reproduced, published in any form by any means, electronic or mechanical including photocopy or any information storage or retrieval sys