Slide 1: Consolidated Results for the quarter and nine months ended December 31, 2023
Consolidated Results for the quarter and nine months ended December 31, 2023 www.sasken.com | © Sasken Technologies Ltd. Sasken Confidential www.sasken.com | © 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 – Q3 FY24 - Consolidated
Performance Snapshot – Q3 FY24 - Consolidated Consolidated Revenues ($. Million) Consolidated Revenues (INR Million) 25.0 1,450 20.0 1,250 1,227.7 15.2 1,025.1 15.0 1,050 964.4 12.4 11.6 850 10.0 650 5.0 450 0.0 250 Q3 FY24 Q2 FY24 Q3 FY23 Q3 FY24 Q2 FY24 Q3 FY23 QoQ Growth: -7.1% ; YoY Growth: -24.
Slide 4: Income Statement Summary – Q3 FY24 - Consolidated
Income Statement Summary – Q3 FY24 - Consolidated (INR Million) Growth over Particulars Q3 FY24 % Q2 FY24 % Q3 FY23 % Q2 FY24 Q3 FY23 Revenues 964.36 100.0% 1,025.12 100.0% 1,227.67 100.0% -5.9% -21.4% Cost of Revenue 659.36 68.4% 633.18 61.8% 680.75 55.5% -4.1% 3.1% Gross Profit 305.00 31.6% 391.94
Slide 5: Income Statement Summary – Consolidated Nature wise
Income Statement Summary – Q3 FY24 – Consolidated Nature wise (INR Million) Growth over Particulars Q3 FY24 % Q2 FY24 % Q3 FY23 % Q2 FY24 Q3 FY23 Revenue from Operations 964.36 100.0% 1,025.12 100.0% 1,227.67 100.0% -5.9% -21.4% Other Income 181.24 18.8% 103.33 10.1% 113.15 9.2% 75.4% 60.2% Total Re
Slide 6: Performance Snapshot – YTD FY24 - Consolidated
Performance Snapshot – YTD FY24 - Consolidated Consolidated Revenues ($. Million) Consolidated Revenues (INR Million) 80.00 6,000 5,000 60.00 4,000 3,440.9 43.2 2,974.4 3,000 40.00 36.2 2,000 20.00 1,000 FY 24 YTD FY 23 YTD FY 24 YTD FY 23 YTD YoY Growth: -16.2% YoY Growth: -13.6% Consolidated EBIT
Slide 7: Income Statement Summary – YTD FY24 - Consolidated
Income Statement Summary – YTD FY24 - Consolidated (INR Million) Growth over Particulars FY 24 YTD % FY 23 YTD % FY 23 YTD Revenues 2,974.37 100.0% 3,440.93 100.0% -13.6% Cost of Revenue 1,927.24 64.7% 1,891.43 55.0% -1.9% Gross Profit 1,047.13 35.3% 1,549.50 45.0% -32.4% SG&A 760.46 25.6% 683.41 19
Slide 8: Income Statement Summary – YTD FY24 - Consolidated Nature wise
Income Statement Summary – YTD FY24 - Consolidated Nature wise (INR Million) Growth over Particulars FY 24 YTD % FY 23 YTD % FY 23 YTD Revenues 2,974.37 100.0% 3,440.93 100.0% -13.6% Other Income 499.62 16.8% 213.55 6.2% 133.9% Total Revenue 3,473.99 116.8% 3,654.48 106.2% -4.9% Employee benefit exp
Slide 9: Balance Sheet Summary - Consolidated (1 of 2)
Balance Sheet Summary - Consolidated (1 of 2) (INR Million) Particulars December 31, 2023 % March 31, 2023 % ASSETS Non current assets Property, plant and equipment (incl CWIP) 324.30 3.7% 358.06 4.3% Right to use assets 29.30 0.3% 32.60 0.4% Intangible assets 0.43 0.0% 0.11 0.0% Financial assets (a
Slide 10: Balance Sheet Summary - Consolidated (2 of 2)
Balance Sheet Summary - Consolidated (2 of 2) (INR Million) Particulars December 31, 2023 % March 31, 2023 % EQUITY AND LIABILITIES Equity share capital 150.51 1.7% 150.51 1.8% Other equity 7,357.78 84.2% 7,042.79 85.6% Total Equity 7,508.29 85.9% 7,193.30 87.4% Provisions 46.23 0.5% 70.36 0.8% Leas
Slide 11: Metrics – Q3 FY24
Metrics – Q3 FY24 Revenue Mix - Delivery 21% 24% 33% Q3 FY24 Q2 FY24 Q3 FY23 77% 79% 76% Onsite Offshore Utilization(Inc. Finland) Revenue Mix – Project Type 80.00% 14% 17% 75.00% 30% 70.00% 66.6% 65.8% Q3 FY24 Q2 FY24 Q3 FY23 65.00% 61.4% 60.00% 70% 55.00% 86% 83% T&M FPP 50.00% Q3' 24 Q2' 24 Q3' 2
Slide 12: Geography Wise Revenue
Geography Wise Revenue – Q3 FY24 5% 7% 6% 26% 23% 39% 27% 43% 43% Q3 FY24 Q2 FY24 Q3 FY23 30% 27% 24% North America EMEA India APAC www.sasken.com | © Sasken Technologies Ltd. Sasken Confidential 12
Slide 13: Human Resources Metrics
Human Resources Metrics – Q3 FY24 Total Employees Gross Adds Net Adds 1,674 1,388 1,381 147 65 57 7 0 Q3 FY24 Q2 FY 24 -29 Q3 FY23 Attrition % Q3 FY24 Q2 FY24 Q3 FY23 Attrition LTM % 14.0% 17.0% 25.3% Annualised Attrition Quarterly % 10.4% 12.9% 21.3% www.sasken.com | © Sasken Technologies Ltd. Sask
Slide 14: Customer Concentration
Customer Concentration – Q3 FY24 80% 71% 70% 62% 60% 58% 52% 50% 41% 40% 35% 30% 20% 10% 0% Q3 FY24 Q2 FY24 Q3 FY23 Top 5 Top 10 www.sasken.com | © 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 | © Sasken Technologies Ltd. Sasken Confidential www.sasken.com | © Sasken Technologies Ltd. Sasken Confidential 15