Newgen Software Technologies Limited · NSE:NEWGEN
Newgen Software Technologies — Q1 FY2023 Earnings Presentation
37 slides from Newgen Software Technologies's earnings presentation, Jul 20, 2022
Slide 1: Exchange filing cover letter
t?fj newgen Newgen Software Technologies Limited CIN: L72200DL 1992PLC049074, E-44/13, Okhla Phase II, New Delhi 110020, India Tel: +91 11 46533200, 26384060, 26384146 Fax: +91 11 26383963 Date: 20th July 2022 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange P
Slide 2: Q1 FY'23 Investor Presentation
~ newgen Newgen Software Technologies Ltd. Q1 FY’23 Investor Presentation UNLOCK SIMPLE Copyright 2022, Newgen Software
Slide 3: About Newgen
About Newgen
Slide 4: Enterprise-wide unified digital transformation platform provider
r?fj newgen •• Newgen: Enterprise-wide unified digital transformation platform provider Digitize Process & Adapt Communicate Data Science Omnichannel Contextual Content Low Code Process Customer Automation (BPM) Artificial Services (ECM) Engagement (CCM) Intelligence/ OmniDocs iBPS OmniOMS Machine L
Slide 5: Business Applications Range in Complexity of Process & Information
r?fj newgen •• Business Applications Range in Complexity of Process & Information Complex, Enterprise-wide Business Processes Traditionally Strong Comprehensive Digital NewgenONE digital Process Automation Complex Information Simple Information Transformation Platforms Platforms transformation platf
Slide 6: NewgenONE Digital Transformation Platform
r?fj newgen •• NewgenONE Digital Transformation Platform ~customer~ ~e l},9; A unified platform suite that is, 'l>~ ~ .§ (11'?- Q l Personalized Engagement Contextual Communication ~ ,... • Cloud-hosted single platform for process, content, and communication automation • Scalable and extensible • Fo
Slide 7: What Makes NewgenONE Stand Out!
r?fj newgen •• What Makes NewgenONE Stand Out! A natively-built, unified, hyperautomation platform for complex, content-driven, and customer- engaging business applications Focused on professional IT Domain expertise packaged Global SI partnerships for developers for agility and as composable compon
Slide 8: NewgenONE With Contextual Content Services Capability
r?fj newgen •• NewgenONE With Contextual Content Services Capability… Digitize Workplace with Contextual Automation, Compliance, and Intelligence – On Cloud Scan Social Web Portal Channels of Engagement 0 Office E-mail Mobile Capture Process Store Extend Document Cloud Professional Content Automated
Slide 9: NewgenONE With Low Code Process Automation Capability
r?fj newgen •• NewgenONE With Low Code Process Automation Capability… Rapid Application Development for Deep and Complex Business Applications – Across Devices Social Web Portal Mobile In-Person Web/Message/Scan Business Applications Financial Government Insurance Shared Services Other Institutions
Slide 10: NewgenONE With Personalized Customer Engagement Capability
r?fj newgen •• NewgenONE With Personalized Customer Engagement Capability… Use the Business Data and Manage the Communication Output – Personalized and at Scale Enterprise Use Cases Batch On-Demand One-to-One Workflow-driven Communication Response Correspondence Communication Branding and Multi-Ling
Slide 11: Newgen AI Cloud – A unified platform for all data science needs
r?fj newgen •• Newgen AI Cloud – A unified platform for all data science needs Data Operations Machine Learning ML Operations Prepare, b lend, cleanse, Experiment., it erat e, Deploy, m on it or, an d explore d at a t.o d evelo p, an d select t he ret rain, govern, an d creat e d ata assets rea dy b
Slide 12: Key Analyst Recognitions
•• Key Analyst Recognitions Gartner: A Niche Player in 2021 Gartner® Magic Quadrant for Enterprise Low Code Application Platforms (1) A Visionary in 2021 Gartner® Magic Quadrant™ for Content Services Platforms (2) FORRESTER® A “Strong Performer” in Forrester Wave™: Content Platforms, Q2 2021 Report
Slide 13: Newgen – Key Highlights (FY'22)
r?/j newgen •• Newgen – Key Highlights (FY’22) Established in 1992 Over 530 active customers (1) Direct presence one world, one workplace in 7 countries 17 verticals with Partner with leading 3,285 Personnel 5 Core Verticals GSIs (with ~580 personnel in R&D ~250 personnel in S&M) ~ 00 Banking, insur
Slide 14: Newgen – Financial Snapshot (FY'22)
r?/j newgen •• Newgen – Financial Snapshot (FY’22) Rs 7,790 Million Rs 2,461 Million Rs 618 Million Revenue Subscription Revenues (2) SaaS Revenues (16% YoY Growth) (23% YoY Growth) (25% YoY Growth) Rs 1,947 Million Rs 1,642 Million Rs 4,622 Million EBIDTA PAT Cash, Bank Balance, (25% EBIDTA Margin)
Slide 15: Resilient Business Model in Place
r?fj newgen •• Resilient Business Model in Place 59% 21% 20% • Large annuity revenues streams Annuity Revenues(1) Sale of Products FY22 Revenue Split by Segment Sale of Services 65% 8% 7% 7% 4% 8% • Mission critical solutions across key verticals Banking & FS Govt. Insurance FY22 Revenue Split by Se
Slide 16: Investment Rationale
“— Investment Rationale
Slide 17: The Markets We Play In
r?/j newgen •• The Markets We Play In ▪ Process-agnostic software that enables Hyperautomation: $46.31 bn by 2025 (3) ▪ Content Services platform: $9.35 Bn by 2026 (1) ▪ Business Process Management systems: $3.07 bn by 2026 (2) Source: 1. Gartner's 'Market Forecast: Enterprise Application Software M
Slide 18: Innovative Product Suite With Continuing Focus On R&D
r?fj newgen •• Innovative Product Suite With Continuing Focus On R&D ▪ 29 years of product DNA; 44 patents filings, 23 Granted till date R&D Investments (% of revenues) ▪ Skilled R&D team of ~540* people with deep domain expertise 10.2% 9.5% 9.8% ▪ Unified platform with modular deployment 7.2% 7.5%
Slide 19: Our Go-to-market
r?fj newgen •• Our Go-to-market Strategy Across Regions and Verticals is Based on Direct System Integrators-led go-to-market Targeting Presence Supported by Partner Ecosystem Fortune 2000 Enterprises in Mature Markets ◼ Around 300* Employees in Sales & Marketing/ ◼ Increasing traction in the develop
Slide 20: NewgenONE Enables Enterprises to Develop Complex Biz Applications
~ newgen •• NewgenONE Enables Enterprises to Develop Complex Biz Applications Customer Campaign Mgmt. Risk Workbench FNOL & Claims Unified Quotation, Proposal & Onboarding & Marketing Processing Customer View Illustration Loan/Credit Collections Lead Management Origination SRM & Dispute Customer Ops
Slide 21: Strong Acceleration in Annuity and Subscription Revenues
r?fj newgen •• Strong Acceleration in Annuity and Subscription Revenues Annuity Revenues (INR Mn) Subscription Revenues (INR Mn) (INRm) (INRm) 22% 26% (FY’17-22 CAGR) (FY’17-22 CAGR) Increasing adoption of subscription/cloud across 4,565 3,871 geographies with large 3,686 2,461 orders in India, EMEA
Slide 22: Board of Directors
r?/j newgen •• Board of Directors Diwakar Nigam T.S. Varadarajan Priyadarshini Nigam Chairman and Whole Whole Managing Director ~~-~~~"!"""!'!"'- Time Director !) Time Director Padmaja Krishnan Saurabh Srivastava Subramaniam Kaushik Dutta Independent Independent Ramnath Iyer Independent Director Dir
Slide 23: Leadership Team
r?/j newgen •• Leadership Team Diwakar Nigam Virender Jeet Chairman and Managing Director Chief Executive Officer Tarun Nandwani Dr. S.J. Raj Chief Operating Officer Sr. VP – HRD Anand Raman Arvind Jha EVP & COO - Newgen Software Inc. Sr. VP – Product Rajvinder Singh Kohli Arun Kumar Gupta Sr. VP –
Slide 24: Leadership Team
r?!J newgen - Leadership Team R. Krishna Kumar Alessandro De Sunil Pandita Vivek Bhatnagar Prashant Sahai Pramod Kumar VP – Sales Capitani Di Vimercate VP – Sales (India) VP –Sales (EMEA) VP – Sales VP – Sales (APAC) (Australia) VP – Enterprise Sales (Middle East) (US) Vivek Mani Anurag Kumar Shah S
Slide 25: Q1 FY'23 Results
Q1 FY’23 Results
Slide 26: Seasonality in Business
r?fj newgen •• Seasonality in Business % of Financial Year Revenue 35% 29% 30% 30% 30% 28% 27% 26% 25% 23% 23% 24% 20% 20% 20% 20% 15% 10% 5% 0% Q1 FY'20 Q2 FY'20 Q3 FY'20 Q4 FY'20 Q1 FY'21 Q2 FY'21 Q3 FY'21 Q4 FY'21 Q1 FY'22 Q2 FY'22 Q3 FY'22 Q4 FY'22 Seasonality in business due to license-based bu
Slide 27: Financial Summary (Consolidated)
r?fj newgen •• Financial Summary (Consolidated) Q1FY23 Q1FY22 YoY Q4FY22 QoQ FY22 FY21 YoY Particulars (Unaudited) (Unaudited) Growth (Unaudited) Growth (Audited) (Audited) Growth Revenue from (INR Mn) Revenue 1,879 1,595 17.8% 2,314 -18.8% 7,790 6,726 15.8% operations Other Income 101 106 -4.2% 51
Slide 28: Continuous growth in Annuity based revenues
r?fj newgen •• Continuous growth in Annuity based revenues Annuity Revenues (INR Mn) Subscription Revenues (INR Mn) (INRm) (INRm) 25% Q1 YoY 33% Q1 YoY Growth Growth 1,314 1,048 714 537 Q1 FY'22 Q1 FY'23 Q1 FY'22 Q1 FY'23 (1) Subscription revenues comprise of ATS/AMC and Cloud revenue streams (2) An
Slide 29: Diversification Across Verticals and Geographies
r?fj newgen •• Diversification Across Verticals and Geographies Q1 FY’23 Revenue Split by Segment Q1 FY’23 Revenue Split by Vertical Q1 FY’23 Revenue Split by Geography Implementatio Sale of n & other APAC (Ex-India) Products 11% services SaaS 8% Healthcare Others 22% 10% 8% India 9% 33% Insurance 8
Slide 30: Key Updates
r?fj newgen •• Key Updates ▪ Newgen and Coforge formed a global strategic alliance to accelerate digital for organisations in the US, Europe, and the rest of the world ▪ Strategic partnership with Anabatic Digital, a leading IT solutions provider in Indonesia, for delivering high-value solutions to
Slide 31: Strengthening Balance Sheet
r?fj newgen •• Strengthening Balance Sheet Debtor Days (Based on Net Debtors) 160 149 140 129 131 122 120 100 102 97 95 100 90 87 80 60 40 20 0 Q4 FY'20 Q1 FY'21 Q2 FY'21 Q3 FY'21 Q4 FY'21 Q1 FY'22 Q2 FY'22 Q3 FY'22 Q4 FY'22 Q1 FY'23 Note: The business is seasonal in nature with proportionately high
Slide 32: Disclaimer
New Delhi, IN Disclaimer ! •• Mississauga, ON London, UK Mumbai, IN This presentation may contain certain forward-looking statements concerning Newgen Software Technologies’ future business prospects and business profitability, which are subject to several risks and uncertainties and the actual resu
Slide 33: P&L Statement
r?fj newgen P&L Statement •• (All amounts in INR Mn, except per share data and unless otherwise stated) Q1 FY 2023 Q1 FY 2022 Q4 FY 2022 FY 2022 FY 2021 Revenue Revenue from operations 1,879.0 1,595.4 2,314.2 7,789.6 6,726.2 Other income 101.4 105.8 51.3 299.1 150.4 Total revenue 1,980.3 1,701.2 2,3
Slide 34: Your Trusted Digital Transformation Partner
Your Trusted Digital Transformation Partner info@newgensoft.com www.newgensoft.com
Slide 35: Press Release: Newgen Software Reports Revenue of Rs 188 cr in Q1 FY'23
PRESS RELEASE Newgen Software Reports Revenue of Rs 188 cr in Q1 FY’23, up 18% YoY With artificial intelligence and data science powered NewgenONE and cloud-first approach, the company is well-poised for accelerated digital initiatives New Delhi, India – July 20, 2022 The management of Newgen Softwa
Slide 36: Key Consolidated Financial Highlights (Q1 FY'23)
Key Consolidated Financial Highlights (Q1 FY’23) Revenue from operations (consolidated) witnessed strong growth reaching Rs 188 crores as compared to Rs 160 crores in Q1 FY’22 (up 18% YoY). • Subscription revenues (ATS/AMC and cloud) were at Rs 71 crores, up 33% YoY. Annuity revenue streams (ATS/AMC
Slide 37: About Newgen
About Newgen Newgen is the leading provider of a unified digital transformation platform with native process automation, content services, and communication management capabilities. Globally, successful enterprises rely on Newgen’s industry-recognized low code application platform to develop and dep
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