Moschip Technologies Ltd · NSE:MOSCHIP
Moschip Technologies — Shareholder Meeting (September 2024)
23 slides from Moschip Technologies's shareholder meeting presentation, Sep 28, 2024
Slide 1: Submission letter to BSE of AGM presentation
Date: 28th September, 2024 To The General Manager Department of Corporate Services BSE Ltd, P. J. Towers, Dalal Street, Mumbai – 400 001 Dear Sir, Sub: Submission of copy of CEO/CFO presentation presented in 25th Annual General Meeting of the Company. Ref: Scrip code: 532407 ***** Pursuant to Regula
Slide 2: Connecting the World: 25th Annual General Meeting
TECHNICAL PRESENTATION | COPYRIGHT CONTENT CONNECTING THE WORLD Silicon | Software | Systems 25th Annual General Meeting, Sept 28th 2024 - Srinivasa Rao Kakumanu (MD & CEO) www.moschip.com @Copyright 1
Slide 3: Agenda
Agenda • FY24 Performance and Recent History • Business Units and their performance summary • Other Major Highlights • Industry update for Semicon and Software/Systems • MosChip’s strategy • MosChip at Industry events and CSR Initiatives • Conclusion www.moschip.com @Copyright 2
Slide 4: FY24 Performance
FY24 Performance Revenue: • Revenue grew from INR 198.4 Cr in FY23 to INR 293.9 Cr in FY24. Grew by 48% • Profit-before-Tax (PBT) grew from INR 6.24 Cr in FY23 to INR 11.33 Cr in FY24. New Customers: • Added 12 new customers Leadership: • Strengthened leadership in Engineering, Business Development
Slide 5: Recent Performance
Recent Performance • Recent history of growth Revenue (in Crores) Growth 350 60.00% 294 300 50.00% 250 40.00% 200 198 30.00% 150 148 20.00% 100 105.2 10.00% 50 0 0.00% FY21 FY22 FY23 FY24 FY22 FY23 FY24 www.moschip.com @Copyright 4
Slide 6: Business Units/Focus Areas
Business Units/Focus Areas Semiconductors Software, System Design and Product Engineering Semiconductor Product / Embedded Digital Semiconductor IP Turn-key ASIC Design Services System Design Software Engineering M-ISS (Training and Innovation centre to support R&D & growth plans) www.moschip.com @C
Slide 7: Semiconductor BU - Performance
Semiconductor BU - Performance Stable engagements 10 out of the top 20 semiconductor companies are Moschip’s customers and the relationships continue to grow stronger Steady ODC engagements with Tier one customers Won a new ODC with an ASIC company which is Design Services headquartered in J
Slide 8: Semiconductor BU - Performance
Semiconductor BU - Performance 3 Turn-key Projects in FY24 (excluding the CDAC) Semiconductor BU Turn-key ASICs Strengthening Teams to handle multiple Turn-Key Projects Strong pipeline www.moschip.com @Copyright 7
Slide 9: Software, System Design and Product Engineering BU - Performance
Software, System Design and Product Engineering BU - Performance Softnautics (the company that was acquired in June 2023) Integration done Awarded ‘Partner Par Excellence for Software’ by Software, System Qualcomm, second time in a row Design and Investments into Device Engineering (Device Dri
Slide 10: Other Major Highlights
Other Major Highlights • MosChip with its consortium partner Socionext was awarded the “HPC Processor Soc Development” Project in May 2024 • MosChip’s application to develop an Indigenous Smart Energy Meter IC under the DLI scheme was approved in June 2024 www.moschip.com @Copyright 9
Slide 11: Semiconductor Industry - Update
Semiconductor Industry - Update After a slow-down in 2023, the market started slowly picking up in 2024 Automotive/5G/AI continue to lead the growth CHIPS-ACT in USA, new foundries in Europe and Japan and Semiconductor Mission in India opening new opportunities India’s push for self-reliance
Slide 12: Embedded Software/Systems and Digital Engineering Forecast
Embedded Software/Systems and Digital Engineering Forecast IoT, AI, GenAI, Cybersecurity are the main drivers www.moschip.com @Copyright 11
Slide 13: Moschip Strategy – 2024 and beyond
Moschip Strategy – 2024 and beyond Moschip, India’s first Fabless Semiconductor company, celebrated its 25th anniversary this July Snapshot Opportunity • Emerging opportunities from Regional push for self-reliance • Steady Growth over the last 3-4 years (Make-in-India) and due to Geo-political situa
Slide 14: MosChip at Industry Events
MosChip at Industry Events MosChip Team Exhibiting at the MosChip Team Exhibiting at the Our MD & CEO handing over a medallion to AVP - Embedded TSMC NA Symposium 2023 Semicon India Conference 2023 Software for demonstrating the MosChip AI Technology at the IESA AI Summit 2023 Our MD & CEO at VLSID2
Slide 15: CSR Initiatives
CSR Initiatives Donated 2% of our average net profits over the last 3 years to the University College of MosChip® concluded its 1st batch of i3 - An Industry Institute Initiative to train and Engineering, Osmania University to help them transform the garden in the ECE enhance how future professional
Slide 16: Conclusion
Conclusion • Steady Growth • Delivering Excellence • Invest in R&D • Roadmap for ASSPs (Smart Energy Meter IC) • New service offerings in Semicon (Emulation) and Software and Systems (Digital Engineering) • Turn-key ASIC Opportunities • Organic and Inorganic (Acquisitions) Growth • Reputation and Br
Slide 17: Financial Performance
Financial Performance -By Jayaram (CFO) www.moschip.com @Copyright 16
Slide 18: Financial Performance
Financial Performance ₹ 294 Cr 12% Revenue FY 24 Operating Margin FY24 (YoY Growth 48.2%) Providing Service to 1,250+ Employees (YoY Growth 13%) Tier 1 customers at Global level 400+ (32%) 5 Design Centers Women employees ₹ 4,600 Cr Moderate attrition in the Market cap – Sep 26, 2024 industry since
Slide 19: Revenue (in Crores)
Revenue (in Crores) Segment CAGR CAGR 31.2% 32.1% CAGR 28.0% % refers to YoY growth % refers to contribution of segment The rapid growth is achieved by combination of the below attributes • Customer-Centric Focus • Scalable Business Models • Strong Leadership • Robust Talent Acquisition process • In
Slide 20: Operating Profit and PAT (in Crores)
Operating Profit and PAT (in Crores) Operating Profit PAT CAGR CAGR 47.4% 22.0% 47% 22% % refers to operating profit to revenue % refers to PAT to revenue Your company is investing strategically in building the talent pool essential for the semiconductor and software design. Our Training and Innovat
Slide 21: Networth and Market Cap (in Crores)
Networth and Market Cap (in Crores) Networth Market Cap CAGR CAGR 44% 111% Networth = Equity (Assets –Liabilities) www.moschip.com @Copyright 20
Slide 22: No. of Shareholders (in Thousands)
No. of Shareholders (in Thousands) • We are proud to have grown multifold in terms of shareholder trust, as demonstrated by the substantial increase in the number of shareholders. • Our market capitalization has seen a commendable rise, reflecting the confidence the market has in our vision and exec
Slide 23: Thank You
THANK YOU www.moschip.com @Copyright 22
MosChip Technologies — Shareholder Meeting (September 2024) on 6ix