Sasken Technologies Ltd · NSE:SASKEN
Sasken Technologies — Q3 FY25 Earnings Presentation
29 slides from Sasken Technologies's earnings presentation
Slide 1: Investor Presentation Q3 FY25
INVESTOR PRESENTATION Q3 FY25 www.sasken.com | © Sasken Technologies Ltd. 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: Sasken Group at a glance
Sasken Group at a glance Product Engineering Digital Transformation Semiconductor Communication Automotive & SatCom Enterprise Industrials Transportation & Devices Off-Highway Grade Devices ASIC Design Services 35+ Years 200+ unique products are shipped 1800+ Cyber Security leadership in Engineering
Slide 4: 60x4x3: Our strategy to accelerate growth
60x4x3: Our strategy to accelerate growth 60 Marquee Accounts x at least $4 M Anchor culture of execution, accountability & empowerment per account Reinforce World-Class, Tech-First, and Intellectual Integrity x Empower regional teams for culture sensitive local decision-making in 3 Unwavering commi
Slide 5: Our Commitment To Society (ESG)
Our Commitment To Society (ESG) ENVIRONMENTAL SOCIAL CORPORATE GOVERNANCE GOVERNANCE GOVERNANCE • Environmental Goals • Social Goals • Governance Goal • Water Impact • Diversity & Inclusion • Sustainability Governance • Energy Management • Human Rights • Sustainability Governance Strategy • GHG Mana
Slide 6: Snapshot of our FY25 YTD ESG achievements
Snapshot of our FY25 YTD ESG achievements 69% 100% 100% 3860 81% 15.5 reduction in GHG power of all light kilo litres of of water kgs/per emissions versus replenished by fittings in waste-water requirements person/annum ENVIRONMENT 2018/19(YoY 7% sustainable LED recycled met from waste improvement f
Slide 7: Performance Highlights
Q3 FY25 PERFORMANCE HIGHLIGHTS www.sasken.com | © Sasken Technologies Ltd. 7
Slide 8: Message from the Management
MESSAGE FROM THE MANAGEMENT I am delighted to share that Sasken continues to deliver consistent growth, with Q3 FY25 consolidated revenues rising by 7.0% . This performance reflects the strength of our 60x4x3 strategy and our unwavering commitment to operational excellence and customer- centric inno
Slide 9: Financial and operational summary
Financial and operational summary Our 60x4x3 strategy yielded results in this quarter with improvements in both financial and operational metrics ₹1,445 M 4.2% 1.6% 6.2% ₹6.00 Revenue (7.0% QoQ) EBITDA EBIT PAT EPS (24.8% QoQ) Increasing sales momentum Growing utilization Improving employee metric
Slide 10: Key Business Updates
Key Business Updates MAJOR TECHNOLOGY PEOPLE AND ORDER WINS GROWTH LEVERS PROCESSES • Velocity based porting, application • Investment in product security to • Sasken has been certified for integration and test fixture navigate newer security “Capability Level and Maturity improvement for a leading
Slide 11: Financial performance snapshot (quarterly)
Financial performance snapshot (quarterly) Consolidated Revenues ($ M) Consolidated Revenues (₹ M) 1,445 1,350 17 16 964 12 Q3 FY25 Q2 FY25 Q3 FY24 Q3 FY25 Q2 FY25 Q3 FY24 QoQ Growth: 5.0% ; YoY Growth: 45.7% QoQ Growth: 7.0% ; YoY Growth: 49.9% Consolidated EBIT (₹ M) Consolidated PAT (₹ M) 1.6% 0.
Slide 12: Financial performance snapshot (YTD FY25)
Financial performance snapshot (YTD FY25) Consolidated Revenues ($ M) Consolidated Revenues (₹ M) 48 4,029 36 2,974 YTD FY25 YTD FY24 YTD FY25 YTD FY24 YoY Growth: 32.1% YoY Growth: 35.5% Consolidated EBIT (₹ M) Consolidated PAT (₹ M) 1.4% 7.8% 9.7% 20.7% 231 615 390 55 22.4% 25.6% YTD FY25 YTD FY24
Slide 13: Customer profile
Customer profile Number of active customers Customer break-up by LTM sales Revenue mix by project type < $1 M $1M - $4M $4M+ FPP T&M 69 66 58 3 1 16 16 1 16 81% 82% 86% 50 49 41 19% 18% 14% Q3 FY25 Q2 FY25 Q3 FY24 Q3 FY25 Q2 FY252 Q3 FY24 Q3 FY25 Q2 FY25 Q3 FY24 • Number of active customers has been
Slide 14: Order booking status
Order booking status Total contract value* ($M) Total contract value - New ($M) 28.2 11.5 11.5 10.9 9.9 7.2 Q3 FY25 Q2 FY25 Q1 FY25 Q3 FY25 Q2 FY25 Q1 FY25 Annual contract value* ($M) Annual contract value - New ($M) 25.8 8.5 7.8 8.3 6.8 5.1 22.4% 25.6% 18.4% 17.6% Q3 FY25 Q212.4% FY25 Q1 FY25 Q3 FY
Slide 15: News and Achievements
Q3 FY25 NEWS AND ACHIEVEMENTS www.sasken.com | © Sasken Technologies Ltd. 15
Slide 16: Participation in global events
Participation in global events Sasken demonstrated its end-to end automotive and Sasken Finland team exhibited its cutting-edge Hardware design and development capabilities at this hardware and software capabilities at the event held year's event and had productive conversations with in Nov 2024. Th
Slide 17: Strategic investment in BORQS
Strategic investment in BORQS Global Leader in IoT Solutions • Sasken to acquire ODM and software services business of Borqs Technologies, Inc. • This strategic move is aligned with Sasken’s 60x4x3 strategy to drive growth, innovation, and competitiveness • Enables to create a range of connected dev
Slide 18: Certified for Capability Level and Maturity Level 3 on ASPICE v3.1
Certified for Capability Level and Maturity Level 3 on ASPICE v3.1 The ASPICE certification strengthens our credibility in the automotive software space as many customers mandate this for awarding new projects www.sasken.com | © Sasken Technologies Ltd. 18
Slide 19: Share price performance
Share price performance 2,400.00 2,200.00 40% 2,000.00 1,800.00 1,600.00 1,400.00 1,200.00 Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 Jul-24 Aug-24 Sep-24 Oct-24 Nov-24 Dec-24 Jan-25 www.sasken.com | © Sasken Technologies Ltd. 19
Slide 20: Financial Details and Key Metrics
Q3 FY25 FINANCIAL DETAILS AND KEY METRICS www.sasken.com | © Sasken Technologies Ltd. 20
Slide 21: Income statement summary – consolidated (quarterly)
Income statement summary – consolidated (quarterly) (₹ M) Growth over Particulars Q3 FY25 % Q2 FY25 % Q3 FY24 % Q2 FY25 Q3 FY24 Revenue from Operations 1,445.16 100.0% 1,350.29 100.0% 964.36 100.0% 7.0% 49.9% Cost of Revenue 1,043.84 72.2% 939.21 69.5% 659.36 68.4% -11.1% -58.3% Gross Profit 401.32
Slide 22: Income statement summary – consolidated nature wise (quarterly)
Income statement summary – consolidated nature wise (quarterly) (₹ M) Growth over Particulars Q3 FY25 % Q2 FY25 % Q3 FY24 % Q2 FY25 Q3 FY24 Revenue from Operations 1,445.16 100.0% 1,350.29 100.0% 964.36 100.0% 7.0% 49.9% Other Income 92.78 6.4% 192.10 14.2% 181.24 18.8% -51.7% -48.8% Total Revenue 1
Slide 23: Income statement summary – YTD FY25 consolidated
Income statement summary – YTD FY25 consolidated (₹ M) Growth over Particulars FY 25 YTD % FY 24 YTD % FY 24 YTD Revenue from Operations 4,029.03 100.0% 2,974.37 100.0% 35.5% Cost of Revenue 2,839.45 70.4% 1,927.24 64.7% -47.3% Gross Profit 1,189.58 29.6% 1,047.13 35.3% 13.6% SG&A 1,031.28 25.6% 760
Slide 24: Income statement summary – YTD FY25 consolidated nature wise
Income statement summary – YTD FY25 consolidated nature wise (₹ M) Growth over Particulars FY 25 YTD % FY 24 YTD % FY 24 YTD Revenue from Operations 4,029.03 100.0% 2,974.37 100.0% 35.5% Other Income 459.33 11.4% 499.62 16.8% -8.1% Total Revenue 4,488.36 111.4% 3,473.99 116.8% 29.2% Employee benefit
Slide 25: Balance sheet summary - consolidated (1 of 2)
Balance sheet summary - consolidated (1 of 2) (₹ M) Particulars December 31, 2024 % March 31, 2024 % ASSETS Non-current assets Property, plant and equipment (incl CWIP) 348.58 3.7% 327.53 3.5% Right to use assets 256.41 2.7% 77.22 0.8% Intangible assets 68.65 0.7% 78.71 0.9% Goodwill 100.47 1.1% 100
Slide 26: Balance sheet summary - consolidated (2 of 2)
Balance sheet summary - consolidated (2 of 2) Particulars December 31, 2024 % March 31, 2024 % (₹ M) EQUITY AND LIABILITIES Equity share capital 151.06 1.6% 150.78 1.6% Other equity 7,627.37 80.7% 7,537.46 81.4% Total Equity 7,778.43 82.3% 7,688.24 83.0% Non-controlling interests 152.00 1.6% 154.57
Slide 27: Key metrics (1 of 2)
Key metrics (1 of 2) Customer Metrics Q3 FY 25 Q2 FY 25 Q3 FY 24 Revenue by geography - Consolidated (In %) North America 38% 37% 39% EMEA 25% 27% 30% India 27% 26% 26% APAC 10% 10% 5% Client Concentration (In %) Top 5 client contribution to revenues 33% 33% 35% Top 10 client contribution to revenue
Slide 28: Key metrics (2 of 2)
Key metrics (2 of 2) Employee Metrics Q3 FY 25 Q2 FY 25 Q3 FY 24 Total Employees (Consolidated) 1,877 1,707 1,388 Engineering 1,628 1,477 1,187 Corporate 249 230 201 Hiring Metrics Gross Adds 237 158 65 Net Adds 170 85 7 Attrition Attrition % Annualized (Based on Voluntary attrition only) 8.3% 9.8%
Slide 29: Thank You
THANK YOU www.sasken.com | © Sasken Technologies Ltd. 29