Cigniti Technologies Limited · NSE:CIGNITITEC

Cigniti Technologies — Q4 FY2022 Earnings Presentation

17 slides from Cigniti Technologies's earnings presentation, May 5, 2022

  1. Slide 1: Investor Update Q4 & FY 2021-22

    Cigniti Technologies Ltd. Investor Update Q4 & FY 2021-22 www.cigniti.com | Unsolicited Distribution is Restricted. Copyright © 2021-22, Cigniti Technologies

  2. Slide 2: Q4 FY22 Highlights

    Q4 FY22 Highlights » The Company accelerated its revenue in the current quarter by 5.7% to Rs. 325.46 Cr. in comparison to previous quarter. » The Company during the quarter has won 18 new clients. 344.08 230+ » Growth has been achieved with change in strategy of the company to work Active Clients a

  3. Slide 3: EBITDA & PAT Analysis FY 2021-22

    EBITDA & PAT Analysis FY 2021-22 INR Crores INR Crores Particulars Q4 FY 2021-22 FY 2020-21 EBITDA (Reported) 32.61 129.28 145.45 In % 9.5% 10.4% 16.2% Add: SEIS Reversal - 9.74 - Add: Non-Recurring (Legal Exp) 3.45 3.45 - Less: UK & Australia Grants (4.08) Normalized EBITDA 36.06 142.47 141.38 In %

  4. Slide 4: Q4FY22 Financials (INR in Cr.)

    Q4FY22 Financials (INR in Cr.) Revenue Resource Mix Revenue Mix Resource Mix Revenue Mix FY: 2021-22 Onsite Offshore Onsite Offshore Q3 21.9% 78.1% 50.3% 49.7% Q4 21.4% 78.6% 51.2% 48.8% T www.cigniti.com | Unsolicited Distribution is Restricted. Copyright © 2021-22, Cigniti Technologies 4

  5. Slide 5: Client Composition / Geography Mix of Revenue

    Client Composition / Geography Mix of Revenue CLIENT CONTRIBUTION TO REVENUE (%) Q4 FY 22 Q3 FY 22 ACTIVE CLIENTS AND NEW CLIENTS Clients Q4 FY22 Q3 FY22 Number of Active Clients 231 235 New Clients Added 18 18 www.cigniti.com | Unsolicited Distribution is Restricted. Copyright © 2021-22, Cigniti Te

  6. Slide 6: Employee Metrics

    Employee Metrics UTILIZATION Utilization Q4 FY22 Q3 FY22 Resource Mix Q4 FY22 Q3 FY22 Onsite 96.4% 95.3% Onsite 21.4% 21.9% Offshore 83.4% 84.6% Offshore 78.6% 78.1% www.cigniti.com | Unsolicited Distribution is Restricted. Copyright © 2021-22, Cigniti Technologies 6

  7. Slide 7: Revenue By Sector (%)

    Revenue By Sector (%) www.cigniti.com | Unsolicited Distribution is Restricted. Copyright © 2021-22, Cigniti Technologies 7

  8. Slide 8: Cigniti's Core Service Offerings for Large Enterprise Clients

    Cigniti’s Core Service Offerings for Large Enterprise Clients Quality Engineering and Quality Assurance and Digital and Next Generation Specialized Offerings Traditional Offerings Offerings • Performance Engineering • Security Testing • IoT Assurance • Service Virtualization • Functional Testing • C

  9. Slide 9: Board Members

    Board Members www.cigniti.com | Unsolicited Distribution is Restricted. Copyright © 2021-22, Cigniti Technologies 9

  10. Slide 10: Led by Dedicated Promoters & Managed by Professional Leadership Team

    Led by Dedicated Promoters & Managed by Professional Leadership Team Srikanth Chakkilam, Chief Executive Officer, Cigniti Technologies Inc. C V Subramanyam, Chairman and Managing Director • Drives client acquisition strategies, provides oversight to Sales, sets business targets, • In 1998, Mr. Subra

  11. Slide 11: Awards & Recognitions

    Awards & Recognitions Awards & Recognitions » World’s leading independent Quality Engineering & Software Testing services company » Appraised at CMMI-SVC v1.3, Maturity Level 5, and ISO 9001:2015 & ISO 27001:2013 certified » Forrester recognizes Cigniti as a Strong Performer in Continuous Automation

  12. Slide 12: Financial Highlights Q4FY22- Consolidated

    Financial Highlights Q4FY22- Consolidated All values are in INR Million Particulars Q4FY22 Q3FY22 Q4FY21 Q-o-Q Y-o-Y Income Revenue from operations 3,441 3,255 2,330 5.7% 47.7% Revenue from operations ($M) 46.30 43.86 30.75 Expenses Employee benefit expense 2,002 1,929 1,340 3.7% 49.3% Hired Contrac

  13. Slide 13: Financial Highlights 12MFY22- Consolidated

    Financial Highlights 12MFY22- Consolidated All values are in INR Million Particulars 12MFY22 12MFY21 Y-o-Y Income Revenue from operations 12,418 8,965 38.5% Revenue from operations ($M) 168 118 Expenses Employee benefit expense 7,393 5,216 41.7% Hired Contractors Cost 2,393 1,416 Other expenses 1,33

  14. Slide 14: Cigniti's Consolidated Balance Sheet

    Cigniti’s Consolidated Balance Sheet All values are in INR Million Particulars FY22 FY21 Particulars FY22 FY21 Property Plant & equipment 326 167 Equity & Liabilities Right-to-use asset 255 217 Equity share capital 281 280 Goodwill 549 549 Other equity 4,318 3,443 Capital WIP - - Sub total 4,599 3,7

  15. Slide 15: Cashflow Generation

    Cashflow Generation Cash Generation  Cash and cash equivalents (including fixed deposits) at a healthy levels of 1,271 Mn.  Company has invested in Mutual Funds, NCDs and Bonds to the tune of 1,201 Mn.  FCF generated during FY22 is lower compared to the FCF generated in the FY 21 due to enhanced

  16. Slide 16: 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

  17. Slide 17: Cigniti Technologies Ltd. office addresses

    India Hyderabad Cigniti Technologies Ltd. 6th Floor, ORION Block, "The V" (Ascendas) Plot #17 Software Units Layout Madhapur, Hyderabad-500081 US US UK Cigniti Technologies Inc. 630 Freedom Business Center, Cigniti Technologies (UK) Limited 433 E Las Colinas Blvd, 3rd Floor, King of WeWork , 8 Devon

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