Slide 1: Exchange filing cover letter
KP 11· November 1 , 2021 BSE Limited National Stock Exchange of India Ltd., Phiroze Jeejeebhoy Towers, Exchange Plaza, Cl 1, G Block, Dalal Street, Bandra - Kurla Complex, Bandra (E), Mumbai - 400001. Mumbai - 400051. Scrip ID: KPITTECH Symbol: KPITTECH Scrip Code: 542651 Series: EQ Kind Attn: The M
Slide 2: Investor Update Q2FY2022
Reimagining Mobility with YOU November 01, 2021 Investor Update Q2FY2022 KPIT Technologies Ltd.
Slide 3: Forward Looking Statements
Forward Looking Statements Some of the statements in this update that are not historical facts, are forward-looking statements. These forward-looking statements include our financial and growth projections, as well as statements concerning our plans, strategies, intentions and beliefs concerning our
Slide 4: Performance Overview
• 1 March 2021 Performance Overview Q2FY22 Reimagining Mobility with YOU
Slide 5: Q2FY22 Performance Overview
Q2FY22 Performance Overview KPIT Q2FY22 USD Revenue grows 23.02% Y-o-Y Increase in Revenue and Profit outlook for the year 1 FY2022 Revenue growth outlook increased to 18% - 20% FY2022 EBITDA margin outlook raised to 17.5+% 2 Q2FY22 EBITDA at 17.6% as compared to 17.3% last quarter post full quarter
Slide 6: Q2FY22 Performance Highlights
Q2FY22 Performance Highlights Sequential CC growth of 4.8% across commercial vehicles and passenger cars verticals, broad based within 01 geographies. Electric Powertrain and Diagnostics practices led the growth during the quarter EBITDA expansion despite full quarter impact of wage hikes and freshe
Slide 7: Additional facts - timeseries
Additional facts - timeseries Revenue $ M EBITDA % 80.4 77.2 76.9 76.9 77.2 17.6% 72.8 74.5 17.2% 17.3% 71.1 69.7 15.7% 14.6% 65.3 65.3 12.8% 13.4% 13.4% 13.5% 13.4% 14.3% Qtr. End Net Cash ₹ B EBITDA ₹ M 9.33 8.22 8.78 931 981 1,041 6.30 739 737 751 811 727 662 697 5.28 639 3.94 3.28 2.58 1.81 2.04
Slide 8: Management Quotes
Management Quotes Kishor Patil, CEO and MD, KPIT said,” We are witnessing a robust demand environment resulting in strong order inflow and pipeline. With improved business visibility, we have increased our revenue and profit outlook for the year. Our strategic partnership with ZF will improve our po
Slide 9: Cash Flow – Major Movement
Cash Flow – Major Movement INR Million Decrease in Working Q-o-Q Increase in Net Capital – 562 Cash : INR 548 Million NET CASH (INR Mln) Q2FY22 Q1FY22 Capex – 262 Gross Cash 9,334 8,786 Dividend – 411 Long Term Debt NIL NIL FMS 25% acquisition - 215 Short Term Debt NIL NIL Cash and Cash Equivalents
Slide 10: Strategic Engagement
Strategic Engagement KPIT wins a multi-million-dollar strategic engagement from a leading European Car Manufacturer in the Electric Powertrain domain. The engagements pans over 5 years of software development and integration work. This will be followed by software maintenance. The total deal value i
Slide 11: Major Development (1/2)
Major Development (1/2) The continual increase in software complexity KPIT and ZF form development cooperation for coupled with high-performance computing industry-leading middleware solution infrastructure needs a robust and dependable middleware solution. The lack of such a • Addresses major gap i
Slide 12: New Engagements
New Engagements Broad Based Engagements, across practices and geographies A leading European Car Manufacturer selected KPIT for multiple strategic engagements in the Electric Powertrain domain A leading European Car Manufacturer selected KPIT for a strategic program in the Autonomous Driving domain
Slide 13: Major Development (2/2)
Major Development (2/2) • FMS is exclusively focused on the mobility industry. FMS is engaged in Software and KPIT and Future Mobility Solutions Feature Development in Autonomous Driving, ADAS & Vehicle Safety and • KPIT acquired initial 25% equity stake in Integration & Validation. Future Mobility
Slide 14: FY22 – Focus Areas
FY22 – Focus Areas PLATFORMS AND PRACTICES We will invest in the right practices and new technologies relevant to our strategic clients to further differentiate KPIT as a Software Integration Partner ZERO DEFECT DELIVERY Our processes are aligned to ensure first time right delivery to our clients. F
Slide 15: FY22 – Revenue and Profitability
FY22 – Revenue and Profitability REVENUE GROWTH PROFITABILITY Platforms and Zero Practices Defect The revenue growth Delivery We had higher than momentum will normal wage hikes in continue in H2FY22. Q2FY22 and we will The growth is expected Profitability continue to invest in to be broad based acro
Slide 16: Other Updates
• 1 March 2021 Other Updates Q2FY22 Reimagining Mobility with YOU
Slide 17: Recognition
Recognition KPIT has been named a Leader in the Everest Group PEAK Matrix Assessment for Autonomous, Connected, Electric, and Shared (ACES) Mobility Automotive Engineering Services 2021. KPIT's recognition as a Leader reflects its high degree of Vision and Capability combined with Market Impact. The
Slide 18: Independent Director Appointment
Independent Director Appointment She was elected to the Council of the Institute of The KPIT Board of Directors Chartered Accountants of India (ICAI) for four terms of three years each. She has chaired has approved the appointment Accounting Standards Board (which sets of Ms. Bhavana Doshi as accoun
Slide 19: Independent Director Appointment
Independent Director Appointment Prof. Lal was a Professor at the Graduate School of The KPIT Board of Directors Business at Stanford University beginning in 1982. has approved the He was the Thomas Henry Carroll Ford Foundation appointment of Prof. Rajiv Visiting Professor at Harvard Business Schoo
Slide 20: Thought Leadership Updates
Thought Leadership Updates KPIT at Comvec 2021 Automobilwoche – Interview COMVEC is a premier conference focusing on the latest Automobilwoche, a leading German automotive industry innovations in commercial vehicle technologies. newspaper, published an interview of Mr. Kishor Patil, CEO Organized by
Slide 21: Other Updates
Other Updates KPIT’s article got published in KPIT featured in EETimes by KPIT’s article gets published in MOTORINDIA– How to achieve leading automotive analyst Dr. Egil Express Mobility -Cloud the best Sensor Fusion for Juliussen Computing in Autonomous ADAS/AV vehicles Driving & ADAS Development D
Slide 22: Financial & Operational Data Snapshot
• 1 March 2021 Financial & Operational Data Snapshot Reimagining Mobility with YOU
Slide 23: Profit & Loss Account Snapshot
Profit & Loss Account Snapshot INR MN DETAILS Q2FY22 Q1FY22 Q2FY21 Revenue from Operations 5,908.73 5,673.81 4,854.59 Other Income 89.37 99.76 24.52 Total Income 5,998.10 5,773.57 4,879.11 Operating Expenses 4,868.14 4,692.65 4,158.04 EBITDA 1,040.59 981.16 696.55 Depreciation 290.93 286.46 354.90 E
Slide 24: Balance Sheet Snapshot
INR MN Balance Sheet Snapshot ASSETS Q2FY22 Q1FY22 EQUITY & LIABILITIES Q2FY22 Q1FY22 NON-CURRENT ASSETS Equity Share Capital 2,696.18 2,691.54 Property, Plant & Equipment 1,868.99 1,909.14 Other Equity 10,042.32 9,857.96 Equity attributable to owners 12,738.50 12,549.50 Right-of-use Assets 2,304.49
Slide 25: Revenue Break-up
Revenue Break-up USD MN Geography Q2FY22 Q1FY22 Q2FY21 Q-o-Q Y-o-Y US 32.53 31.76 27.30 2.4% 19.2% Europe 32.13 30.37 26.67 5.8% 20.5% Asia 15.69 15.07 11.34 4.1% 38.4% TOTAL 80.36 77.21 65.32 4.1% 23.0% Verticals Q2FY22 Q1FY22 Q2FY21 Q-o-Q Y-o-Y Passenger Cars 59.70 58.40 50.63 2.2% 17.9% Commercia
Slide 26: P&L Metrics
P&L Metrics Q2FY22 Q1FY22 Q2FY21 Q-o-Q Y-o-Y Revenue by Contract Type Time & Material Basis 43.7% 43.6% 52.0% 4.5% 3.5% Fixed Price Basis 56.3% 56.4% 48.0% 3.8% 44.2% Clients Strategic T21 Client Revenue 83.82% 84.62% 86.1% 3.1% 19.8% Active Clients 55 55 55 Revenue per Devp. Employee USD 51,910 51,
Slide 27: Currency wise revenues, Hedging Details
Currency wise revenues, Hedging Details Currency wise Q2FY22 Q1FY22 Q2FY21 O/s Hedge Details Q2FY22 revenue Hedge Rates USD 41.9% 41.7% 43.9% USD/INR 76.42 EUR 34.0% 33.0% 34.5% EUR/INR 91.72 GBP 5.5% 5.7% 4.5% GBP/INR 105.46 JPY 10.4% 10.2% 8.0% INR 4.4% 4.9% 5.8% Hedge Amounts(Mn) Others 3.8% 4.6%
Slide 28: Headcount Data
Headcount Data Period End Headcount Q2FY22 Q1FY22 Q2FY21 Q-o-Q Y-o-Y Development 6,192 6,025 6,133 - - Enabling & Sales 540 539 497 - - Total 6,732 6,564 6,630 - - 11/1/2021 27
Slide 29: Contact Us
• 1 March 2021 Contact Us Reimagining Mobility with YOU
Slide 30: Conference Call Details
Conference Call Details Conference name : KPIT Technologies Q2 FY2022 Post Earnings Conference Call Date : Tuesday November 02, 2021 Time : 1600 Hrs. Participants : Mr. Kishor Patil, Co-founder, CEO & MD Mr. Sachin Tikekar, President & Board Member Mrs. Priya Hardikar, SVP & Head of Finance Mr. Suni
Slide 31: Contact – Investor Queries
Contact For Investor Queries Email Sunil.Phansalkar@kpit.com Desk Phone + 91 20 6770 6997 Cell + 91 98509 66011 Website www.kpit.com Sunil Phansalkar 11/1/2021 30
Slide 32: Contact – Media Queries
Contact For Media Queries Email Sunil.R@kpit.com Desk Phone + 91 80 6606 6000 (7865) Cell + 91 99001 50180 Website www.kpit.com Sunil B R 11/1/2021 31
Slide 33: THANK YOU !!
THANK YOU !! KPIT Technologies Ltd. 32