Cigniti Technologies Limited · NSE:CIGNITITEC
Cigniti Technologies — Q3 FY24 Earnings Presentation
18 slides from Cigniti Technologies's earnings presentation, Feb 7, 2024
Slide 1: Exchange cover letter for Investor Presentation Q3 FY 2023-24
7th February 2024 National Stock Exchange of India Ltd, BSE Limited Exchange Plaza, Bandra Kurla Complex, P.J. Towers, Dalal Street Bandra (East), Mumbai – 400051. Mumbai - 400001. Fax No.26598237/26598238 Fax No.22722037/22723121 Name of Scrip: CIGNITITEC Scrip code: 534758 Dear Sir / Madam, Sub: I
Slide 2: Investor Update Q3 & 9M FY24
Cigniti Technologies Ltd. Investor Update Q3 & 9M FY24 World's Leading AI & IP-led Digital Assurance & Digital Engineering Services Company
Slide 3: Q3 FY24 Highlights
Q3 FY24 Highlights » The Company’s Consolidated Revenue from operations for 468.02 215+ the quarter Q3’FY24 stood at Rs. 468.02 crore as against Rs. Active Clients Revenue (INR in Cr.) 50+ Fortune 500 Clients 427.99 crore corresponding quarter Q3’FY23 up by 9.4% » EBITDA margin for the Q3’FY24 was a
Slide 4: Q3 FY24 Financials (INR in Cr.)
Q3 FY24 Financials (INR in Cr.) Revenue Y o Y www.cigniti.com | Unsolicited Distribution is Restricted. Copyright @ 2024, Cigniti Technologies 3
Slide 5: Client Composition / Geography Mix of Revenue
Client Composition / Geography Mix of Revenue CLIENT CONTRIBUTION TO REVENUE (%) ACTIVE CLIENTS AND NEW CLIENTS www.cigniti.com | Unsolicited Distribution is Restricted. Copyright @ 2024, Cigniti Technologies 4
Slide 6: Delivery Metrics Q3 FY24
Delivery Metrics Q3 FY24 www.cigniti.com | Unsolicited Distribution is Restricted. Copyright @ 2024, Cigniti Technologies 5
Slide 7: Revenue By Sector (%)
Revenue By Sector (%) www.cigniti.com | Unsolicited Distribution is Restricted. Copyright @ 2024, Cigniti Technologies 6
Slide 8: Cigniti – Assure | Engineer | Transform – Digital. Done. Right.
Cigniti – Assure | Engineer | Transform – Digital. Done. Right.TM Digital Assurance Services Digital Engineering Services Strategic Digital Transformation Partner www.cigniti.com | Unsolicited Distribution is Restricted. Copyright @ 2023, Cigniti Technologies 7
Slide 9: Accelerating Digital Transformation - an IP & Platform-led Approach
Accelerating Digital Transformation - an IP & Platform-led Approach BlueSwanTM ZastraTM AI-led & next-gen proprietary Digital Assurance Enterprise-grade annotation & collaboration platform platform for computer vision projects Verita Incight Data Ingestion from S3 / AI-enabled Quality Customer Digit
Slide 10: Our Key Service Offerings
Our Key Service Offerings Quality Engineering • Automated Functional Testing • TEM & TDM Digital Assurance • Non-functional Testing • Service Virtualization • Mobility • Customer Experience • Monitoring & Analysis • End to End Automation • Analytics • Cloud Native Application Testing • Performance E
Slide 11: Our Driving Force
Our Driving Force Management Advisory Council Board Srikanth Chakkilam C V Subramanyam RK Agarwal, Independent Executive Director & CEO Ramnik Kamo Non-Executive Chairman EVP, CIO, & Chief People Officer, Director Mavenir Dr. Aiman Abdel-Malek Phaneesh Murthy, Executive Chairman, Advisory Board, Thi
Slide 12: Awards & Recognitions
Awards & Recognitions Awards & Recognitions » Everest Group & NelsonHall recognized Cigniti again as a QE ‘Leader’ in QE Specialist Services PEAK Matrix Assessment 2023 & in NEAT 2023 respectively. ISG recognized Cigniti as a Product Challenger & Contender in the US & Europe regions in ISG Provider
Slide 13: Financial Highlights Q3 FY24 - Consolidated
Financial Highlights Q3 FY24 - Consolidated All values are in INR Million Particulars Q3FY24 Q3FY23 Y-o-Y % Q2FY24 Q-o-Q % Income Revenue from operations 4,680 4,280 9.4% 4,518 3.6% Revenue from operations ($M) $56.21 $52.09 $54.65 Expenses Employee benefit expense 2,816 2,493 12.9% 2,717 3.6% Hired
Slide 14: Financial Highlights 9M FY24 - Consolidated
Financial Highlights 9M FY24 - Consolidated All values are in INR Million Particulars 9M FY24 9M FY23 Y-o-Y % FY23 Income Revenue from operations 13,594 12,226 11.2% 16,475 Revenue from operations ($M) $164.3 $153.3 $206 Expenses Employee benefit expense 8,205 7,196 14.0% 9,644 Hired Contractors Cos
Slide 15: Consolidated Balance Sheet
All values are in INR Million Consolidated Balance Sheet Particulars 31 Dec 23 31 Mar 23 Particulars 31 Dec 23 31 Mar 23 Property Plant & equipment 241 302 Equity & Liabilities Right-to-use asset 205 188 Equity share capital 273 273 Goodwill 740 740 Other equity 6,831 5,621 Capital WIP - - Sub total
Slide 16: Cash Flow Generation
Cash Flow Generation All Figures in INR Mn. 9MFY24 9MFY23 Cash Generation Profit before tax 1,831 1,577 Cash and cash equivalents (including fixed (+/-) Non-cash & non operating Items 145 210 deposits) at a healthy levels of Rs. 1,138 Mn Operating Profit before WC Changes 1,977 1,787 Company has
Slide 17: Disclaimer
Disclaimer This presentation is strictly confidential and may not be copied, published, distributed or transmitted. The information in this presentation is being provided by Cigniti Technologies Ltd. (also referred to as ‘Company’). By attending a meeting where this presentation is made, or by readi
Slide 18: USA USA Canada
India USA Hyderabad Dallas Cigniti Technologies Ltd. Cigniti Technologies Inc. 6th Floor, ORION Block, "The V" (Ascendas) 433 E Las Colinas Blvd, Plot #17 Software Units Layout Suite 1300, Irving, TX 75039 Madhapur, Hyderabad-500081 USA Canada UK 630 Freedom Business Center, Cigniti Technologies Can