Slide 1: Cover letter to BSE and NSE: Presentation for Investor/Analyst call
Docusign Envelope ID: 775EB787-A33D-4243-87F5-165E76B1C5B0 26 July 2024 The Manager, Listing The Manager, Listing BSE Limited National Stock Exchange of India Ltd Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No. c/1, Dalal Street, G-Block, Bandra-Kurla Complex, Mumbai - 400 001 Mumbai – 400 051 D
Slide 2: Cautious Optimism, Poised for Growth
Docusign Envelope ID: 775EB787-A33D-4243-87F5-165E76B1C5B0 Cautious Optimism, Poised for Growth Nitin Rakesh Manish Dugar CEO & Managing Director CFO July 2024 www.mphasis.com © Mphasis 2024 Proprietary and confidential information I 7/26/2024 I 1 I
Slide 3: Safe Harbor
Docusign Envelope ID: 775EB787-A33D-4243-87F5-165E76B1C5B0 Safe Harbor Certain statements mentioned in this presentation concerning our future growth prospects are forward looking statements (the “Forward Statements”) and are based on reasonable expectations of the management, which involves a numbe
Slide 4: Tech Continues to be a Top Priority for Customers
Docusign Envelope ID: 775EB787-A33D-4243-87F5-165E76B1C5B0 Tech Continues to be a Top Priority for Customers Voice of the Customer Take-aways Tech spend is still a top priority Resilience and focus on growth Investments are slowly inching up Gradual pickup in client engagement especially in transfor
Slide 5: We have made Consistent and Early investments in AI
Docusign Envelope ID: 775EB787-A33D-4243-87F5-165E76B1C5B0 We have made Consistent and Early investments in AI AI impact on Enterprise IT and Accelerating our AI Building on AI led gains business is huge investments Mphasis.ai • AI is an end-to-end opportunity, needs a Modernization platform for leg
Slide 6: Broad-based Acceleration in Pipeline
Docusign Envelope ID: 775EB787-A33D-4243-87F5-165E76B1C5B0 Broad-based Acceleration in Pipeline Archetypes Driven Pipeline Data 13% +17% +7% +31% Modernization 13% Value Stream Acceleration 13% Top-10 (DevOps) BFS Security 7% +11% Next Ops 15% +25% Platforms & Protocols 10% (XaaP) Experience 10% Non
Slide 7: Healthy TCV Closures in a Challenging Environment
Docusign Envelope ID: 775EB787-A33D-4243-87F5-165E76B1C5B0 Healthy TCV Closures in a Challenging Environment TCV Won ($M) Focused on Large Deal Wins (>$20M TCV) 10% 17% 65 11% 11% 54 6% # of 13% cumulative 38 12% deal wins since Q1’18 27 17% 18% Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q1FY22 Q1FY23 Q1FY2
Slide 8: Q1 FY25 Performance by Segment: Quarterly View
Docusign Envelope ID: 775EB787-A33D-4243-87F5-165E76B1C5B0 Q1 FY25 Performance by Segment: Quarterly View 398 411 410 398 411 410 Direct Direct Direct Direct YoY QoQ YoY QoQ 3.5% 0.2% APPS 4.8% 0.6% Americas 10.4% 0.7% 3.1% -2.1% EMEA BPO ROW 0.2% 2.0% 0.5% 2.4% ITO Q1FY24 Q4FY24 Q1FY25 Q1FY24 Q4FY2
Slide 9: Q1 FY25 Performance by Vertical
Docusign Envelope ID: 775EB787-A33D-4243-87F5-165E76B1C5B0 Q1 FY25 Performance by Vertical 398 411 410 Direct ex-DR YoY QoQ YoY -0.3% 1.1% 0.5% Banking & Financial Services Insurance 10.7% 2.4% 11.3% TMT 10.0% 0.6% 14.6% Logistics & Transportation 0.0% 0.2% 0.1% Others 5.6% -8.1% 7.0% Q1FY24 Q4FY24
Slide 10: Client Pyramid Performance: Direct
Docusign Envelope ID: 775EB787-A33D-4243-87F5-165E76B1C5B0 Client Pyramid Performance: Direct Client Additions 135 135 Category YoY QoQ 112 $200M + - - Top Client Metrics LTM* $100M + - - $75M + (1) - • Top 1-10 declined 10.1% YoY $50M + (1) - • Top 11-30 grew 10.2% YoY $20M + (3) (1) $10M + 4 1 $5M
Slide 11: Financial Metrics Quarterly Performance
Docusign Envelope ID: 775EB787-A33D-4243-87F5-165E76B1C5B0 Financial Metrics Quarterly Performance Revenue trend Operating Margin Trend +3.1% 411 410 M&A Impact 398 15.7% 15.8% 0.8% 0.8% Reported Q1FY24 Q4FY24 Q1FY25 Q1FY24 Q4FY24 Q1FY25 Gross Revenue in $M at average USD/INR rate for respective per
Slide 12: Q1 FY25 in Summary: Cautious Optimism, Poised for Growth
Docusign Envelope ID: 775EB787-A33D-4243-87F5-165E76B1C5B0 Q1 FY25 in Summary: Cautious Optimism, Poised for Growth • Continuing strength in pipeline • Well-diversified pipeline with strong contribution from Non-BFS and Top 10 • One-third of the pipeline is AI-led • Healthy TCV closures • Broad-base
Slide 13: Outlook: Signs of Return to Consistent Growth
Docusign Envelope ID: 775EB787-A33D-4243-87F5-165E76B1C5B0 Outlook: Signs of Return to Consistent Growth • Despite multiple challenges, tech spend seen as a strategic priority • Steady recovery visible on Savings Led TransformationTM themes • Signs of gradual recovery in mortgage • Expect to be abov
Slide 14: Link to financial data for the past three years
Docusign Envelope ID: 775EB787-A33D-4243-87F5-165E76B1C5B0 Link to financial data for the past three years: https://www.mphasis.com/home/corporate/investors.html www.mphasis.com © Mphasis 2024 Proprietary and confidential information I 7/26/2024 I 13 I
Slide 15: Awards and Recognitions: Q1 FY25
Docusign Envelope ID: 775EB787-A33D-4243-87F5-165E76B1C5B0 Awards and Recognitions: Q1 FY25 Everest Group • Recognized as ‘Major Contender and Star Performer’ in Everest Group’s Capital Markets IT Mphasis ranked among India's leading ESG companies by Dun Bradstreet’s 'ESG Champions of India 2024' re