Sasken Technologies Ltd · NSE:SASKEN
Sasken Technologies — Q4 FY23 Earnings Presentation
15 slides from Sasken Technologies's earnings presentation, Mar 31, 2023
Slide 1: Consolidated Results for the quarter and year ended March 31, 2023
Consolidated Results for the quarter and year ended March 31, 2023 www.sasken.com | Copyright Copyright:Sasken SaskenTechnologies TechnologiesLtd. Ltd. | Sasken Confidential www.sasken.com | Copyright: Sasken Technologies Ltd. | Sasken Confidential 1
Slide 2: Safe Harbor Clause
Safe Harbor Clause Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements due to risks or uncertain
Slide 3: Performance Snapshot – Q4 FY23 - Consolidated
Performance Snapshot – Q4 FY23 - Consolidated Consolidated Revenues ( $. Million) Consolidated Revenues ( INR Million) 20.0 1,400 1,227.7 15.2 1,200 1,091.8 15.0 14.3 1,028.9 12.7 1,000 800 10.0 600 5.0 400 200 0.0 - Q4 FY23 Q3 FY23 Q4 FY22 Q4 FY23 Q3 FY23 Q4 FY22 QoQ Growth: -16.5% ; YoY Growth: -1
Slide 4: Income Statement Summary – Q4 FY23 - Consolidated
Income Statement Summary – Q4 FY23 - Consolidated (INR Million) Growth over Particulars Q4 FY23 % Q3 FY23 % Q4 FY22 % Q3 FY23 Q4 FY22 Revenues 1,028.91 100.0% 1,227.67 100.0% 1,091.83 100.0% -16.2% -5.8% Cost of Revenue 635.98 61.8% 680.75 55.5% 581.41 53.2% 6.6% -9.4% Gross Profit 392.93 38.2% 546.
Slide 5: Income Statement Summary – Q4 FY23 – Consolidated (Nature wise)
Income Statement Summary – Q4 FY23 – Consolidated Nature wise (INR Million) Growth over Particulars Q4 FY23 % Q3 FY23 % Q4 FY22 % Q3 FY23 Q4 FY22 Revenue from Operations 1,028.91 100.0% 1,227.67 100.0% 1,091.83 100.0% -16.2% -5.8% Other Income 83.81 8.1% 113.15 9.2% 45.92 4.2% -25.9% 82.5% Total Rev
Slide 6: Performance Snapshot – FY23 - Consolidated
Performance Snapshot – FY23 - Consolidated Consolidated Revenues ( $. Million) Consolidated Revenues ( INR Million) 80.00 6,000 5,000 4,469.8 4,339.1 55.9 57.3 60.00 4,000 40.00 3,000 2,000 20.00 1,000 - - FY 23 YTD FY 22 YTD FY 23 YTD FY 22 YTD YoY Growth: -2.4% YoY Growth: 3.0% Consolidated EBIT (
Slide 7: Income Statement Summary – FY23 - Consolidated
Income Statement Summary – FY23 - Consolidated (INR Million) Particulars FY 23 % FY 22 % Growth over FY 22 Revenues 4,469.84 100.0% 4,339.07 100.0% 3.0% Cost of Revenue 2,527.41 56.5% 2,316.61 53.4% -9.1% Gross Profit 1,942.43 43.5% 2,022.46 46.6% -4.0% SG&A 934.50 21.0% 731.71 16.9% -27.7% EBITDA 1
Slide 8: Income Statement Summary – FY23 – Consolidated (Nature wise)
Income Statement Summary – FY23 – Consolidated Nature wise (INR Million) Particulars FY 23 % FY 22 % Growth over FY 22 Revenue from Operations 4,469.84 100.0% 4,339.07 100.0% 3.0% Other Income 297.36 6.7% 353.34 8.1% -15.8% Total Revenue 4,767.20 106.7% 4,692.41 108.1% 1.6% Employee benefit expense
Slide 9: Balance Sheet Summary - Consolidated (1 of 2)
Balance Sheet Summary - Consolidated ( 1 of 2 ) (INR Million) March 31, % March 31, % Particulars 2023 2022 ASSETS Non current assets Property, plant and equipment ( incl CWIP) 358.06 4.3% 341.75 4.4% Right to use assets 32.60 0.4% 2.49 0.0% Intangible assets 0.11 0.0% 0.08 0.0% Financial assets (a)
Slide 10: Balance Sheet Summary - Consolidated (2 of 2)
Balance Sheet Summary - Consolidated ( 2 of 2 ) (INR Million) March 31, % March 31, % Particulars 2023 2022 EQUITY AND LIABILITIES Equity share capital 150.51 1.8% 150.51 2.0% Other equity 7,042.79 85.6% 6,384.92 82.7% Total Equity 7,193.30 87.4% 6,535.43 84.7% Liabilities Non-current liabilites Fin
Slide 11: Metrics – Q4 FY23
Metrics – Q4 FY23 Revenue Mix - Delivery 20% 21% 33% Q4 FY23 Q3 FY23 Q4 FY22 67% 79% 80% Onsite Offshore Utilization(Inc. Finland) Revenue Mix – Project Type 80.00% 77.9% 18% 75.00% 30% 28% 70.00% Q4 FY23 Q3 FY23 Q4 FY22 65.00% 61.4% 60.00% 58.2% 70% 72% 55.00% 82% 50.00% T&M FPP Q4'23 Q3'23 Q4'22 •
Slide 12: Geography Wise Revenue – Q4 FY23
Geography Wise Revenue – Q4 FY23 Q4 FY23 Q3 FY23 Q4 FY22 8% 9% 6% 36% 33% 26% 27% 42% 32% 29% 26% 24% North America EMEA India APAC www.sasken.com | Copyright: Sasken Technologies Ltd. | Sasken Confidential 12
Slide 13: Human Resources Metrics – Q4 FY23
Human Resources Metrics – Q4 FY23 Total Employees Gross Adds Net Adds 1,674 1,496 1,374 147 159 47 0 56 Q4 FY23 Q3 FY23 Q4 FY22 -178 Attrition % Q4 FY23 Q3 FY23 Q4 FY22 Attrition LTM % 25.4% 25.3% 36.5% Annualised Attrition Quarterly % 18.2% 21.3% 25.6% www.sasken.com | Copyright: Sasken Technologie
Slide 14: Customer Concentration – Q4 FY23
Customer Concentration – Q4 FY23 www.sasken.com | Copyright: Sasken Technologies Ltd. | Sasken Confidential 14
Slide 15: Thank You
Thank You Visit us at www.sasken.com Queries: investor@sasken.com www.sasken.com | Copyright Copyright:Sasken SaskenTechnologies TechnologiesLtd. Ltd. | Sasken Confidential www.sasken.com | Copyright: Sasken Technologies Ltd. | Sasken Confidential 15