Ags Transact Technologies Ltd. · NSE:AGSTRA
Ags Transact Technologies — Q1 FY2024 Earnings Presentation
29 slides from Ags Transact Technologies's earnings presentation, Aug 5, 2023
Slide 1: Exchange filing cover letter under Regulation 30
August 5, 2023 To, To, BSE Limited, National Stock Exchange of India Limited, Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Fort, Bandra Kurla Complex, Bandra (East), Mumbai – 400001 Mumbai - 400051 BSE Scrip Code: 543451 NSE Scrip Symbol: AGSTRA Sub: Intimation under Regulation 30 of the
Slide 2: Investor Presentation August 2023
Payment Solutions (Cash & Digital) | Banking Automation Solutions | Other Automation Solutions AGS TRANSACT TECHNOLOGIES LIMITED INVESTOR PRESENTATION AUGUST 2023
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by AGS Transact Technologies Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for
Slide 4: Key Highlights of the Quarter
KEY HIGHLIGHTS OF THE QUARTER
Slide 5: Management Commentary
Management Commentary “The performance for this quarter has been muted, having been impacted by external challenges and execution delays. In Q1FY24, our overall income derived from operations experienced a degrowth of 11% YoY on account of our strategy to move away from value-dilutive businesses. At
Slide 6: Performance Highlights: Q1FY24
Performance Highlights: Q1FY24 ₹ Mn Total Income Adj EBITDA • In Q1FY24, the total income decreased by 11% on YoY basis 29.7% 28.3% 24.2% 4,175 4,248 1,270 1,231 • In Q1FY24, Adjusted EBITDA witnessed a decline of 28% YoY, 3,712 920 • Adjusted EBITDA Margins were 24.2% in Q1FY24 as compared to 29.7%
Slide 7: Consolidated Statement of Profit and Loss
Consolidated Statement of Profit and Loss (In ₹mn) Q1FY24 Q1FY23 YoY Q4FY23 QoQ FY23 FY22 YoY Revenue from operations 3,712 4,175 -11% 4,247 -13% 16,713 17,718 Other income 82 97 102 362 254 Total income 3,794 4,272 -11% 4,349 -13% 17,075 17,972 -5% Expenses Cost of raw materials and components cons
Slide 8: Adjusted EBITDA and PBT Bridge
Adjusted EBITDA and PBT Bridge (In ₹mn) Q1FY24 Q1FY23 Q4FY23 Reported EBITDA 914 1,224 835 Add: ESOP Expenses 5 32 8 Add: Non-recurring items Loss allowance on trade receivables 0 14 387 Expenses incurred for IPO 0 0 0 Forex Loss due to devaluation of currency of Sri Lanka 0 0 0 Adj EBITDA 920 1,270
Slide 9: AGS Transact Technologies – Overview
AGS Transact Technologies – Overview Operational and Financial Snapshot (As of Q1FY24) One of the largest integrated omni-channel payment solutions provider in India1 catering to banks & corporate clients2 serving across diverse industries including retail, petroleum, ecommerce and fintech sectors 7
Slide 10: Continuously evolving and expanding
Evolution of AGS Transact Technologies 2014 – onwards Expanded into payments solutions offering Digital & Cash payment solutions 2009 – onwards Offer ATM outsourcing & managed services, cash management services 2004 – onwards Started providing banking automation solutions in India Continuously evolv
Slide 11: Integrated Omni-Channel Payment Solutions Provider (1/2)
Integrated Omni-Channel Payment Solutions Provider (1/2) Preferred partner for cash and digital payment solutions AGS offers end-to-end Cash & Digital Payment solutions across industries supported by inhouse service teams and technology platform Industries Primary Banking Petroleum Retail Transit Fi
Slide 12: Integrated Omni-Channel Payment Solutions Provider (2/2)
Integrated Omni-Channel Payment Solutions Provider (2/2) Preferred partner for cash and digital payment solutions End-to-end cash and digital payment solutions and technology provider with a dominant presence across India (As of Q1FY24) 1 ATM & CRM Outsourcing / Management 35,009 ATMs, including Cas
Slide 13: End-to-End Provider of Cash Payment Solutions
End-to-End Provider of Cash Payment Solutions Established Leadership Position in the ATM Industry “Only” company in India to provide the full range of services in the ATM managed services market* Managed Services (MSP) Independent Deployment (IAD) 1 2 3 4 5 6 7 8 9 10 Site Procurement, Daily Operati
Slide 14: In-House Cash Management Capabilities
End-to-End Provider of Cash Payment Solutions In-House Cash Management Capabilities SVIL | Second largest cash management company in India, in terms of revenue from cash management and number of ATMs replenished1 Servic nd Door Transit Se sing & Va ted Cash TM e pa s in es ica A ul s sh Pick-u d sh
Slide 15: End-to-end digital payment solutions provider
End-to-end digital payment solutions provider Comprehensive Suite of Merchant Solutions Payment Acceptance Value Added Services (Device-based and Integrated Payments Merchant Application Loans Against Card CUG Prepaid & device-less) Billing Software Solution (IPS) and Portal Receivables Loyalty Fina
Slide 16: End-to-end digital payments platforms
End-to-end digital payments platforms Offering Value Added Services to Monetize POS Network Continue to monetise POS network to cross-sell VAS to merchants Merchant Analytics application Loans Against Cash @ POS Vehicle Card Receivables / Micro-ATM At the Forecourt Insurance In the Sales Office Coup
Slide 17: Ability to innovate and offer digital payment solutions
End-to-end digital payment solutions provider Ability to innovate and offer digital payment solutions Built Omni Channel Payment Platform Capabilities CHANNELS INTERFACES ATMs and Kiosks POS terminals Mastercard, Visa, Immediate Aadhar Enabled Payment gateway American Express, Payment System Payment
Slide 18: Board of Directors and Senior Management Team
Board of Directors and Senior Management Team ◼ One of the Promoters of the Company Ravi B. Goyal ◼ Responsible for the management of the overall operations of our Company and our Subsidiaries (Chairman & Managing Director) ◼ Prior to establishing AGS, founded Advanced Graphic Systems, a proprietary
Slide 19: Way Forward
WAY FORWARD
Slide 20: Fast Growing Digital Payments Industry
Fast Growing Digital Payments Industry Digital Payments growth momentum expected to continue Extraordinary growth in Indian digital payment space in the last few years Digital Payment Industry Number of PoS Terminals Transaction Value* (₹ Bn) Payment Services Market In ‘000 Transaction Volume (Bn) D
Slide 21: Strong Growth in the Cash Payments Industry
Strong Growth in the Cash Payments Industry Despite the growth of cashless transactions, people in India rely heavily on cash transactions in their day-to-day life Cash Payments Industry Cash Transactions account for 89% of all transactions (FY22) Cash in circulation as a % of GDP* Cash withdrawal f
Slide 22: Building Blocks to Implement Future Strategy
Building Blocks to Implement Future Strategy Grow and scale-up Digital Continued focus on Cash Continued focus on ATM & CRM Enhance Integrated Outsourcing Technology Payments Platform & Managed Services Pivot from Payments-as-a-Service to Focus on Cash Management Services Payments-as-a-Convenience t
Slide 23: Historical Financials
AGS HISTORICAL rinanciats / MS
Slide 24: Established track record of delivering robust financial performance
Established track record of delivering robust financial performance as well as continued growth Revenue from operations Breakdown Service Service Revenue Revenue 8.5% 12.4% 56.8% 13.9% 15.6% 82.8% 93.7% 47.5% 11.5% 4.8% 15.5% 8.7% 13.6% FY19 FY23 FY19 FY23 17.2% 16.8% 70.8% 6.3% 80.0% ATM & Manageme
Slide 25: Consolidated Statement of Profit and Loss
Consolidated Statement of Profit and Loss (In ₹mn) FY23 FY22 YoY FY21 Revenue from operations 16,713 17,719 17,589 Other income 362 254 382 Total income 17,075 17,973 -5% 17,972 Expenses COGS 1,782 2,281 2,630 Employee benefit expenses 2,328 2,547 2,749 Other expenses 8,058 8,355 7,797 Adjusted EBIT
Slide 26: Annexure
ANNEXURE
Slide 27: Banking Automation, and Other Automation Solutions - Business Overview
Banking Automation, and Other Automation Solutions - Business Overview Banking Automation Solutions Other Automation Solutions • Cash Dispensers: Enable customers to access their bank accounts to make cash • Cash Billing Terminals: Offers cash billing terminals and solutions to retail withdrawals (o
Slide 28: AGS Transact Technologies - Corporate Structure
AGS Transact Technologies - Corporate Structure Promoters and 65.52% AGS Transact Promoter Group Technologies Ltd. 100% 100% 100% Global Transact Services Pte. Ltd 90% Novus Technologies Pte. Ltd. India Transact Securevalue India Ltd. (Cash and Digital Payment Services Ltd. (Cash Management) Solutio
Slide 29: Thank You
THANK YOU AGS Transact Technologies Limited Strategic Growth Advisors Pvt Ltd. CIN: L72200MH2002PLC138213 CIN: U74140MH2010PTC204285 Ms. Sneha Kadam Shikha Puri / Aakash Mehta Company Secretary & Compliance Officer Email id: shikha.puri@sgapl.net / aakash.mehta@sgapl.net Email id: companysecretary@a
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