Coforge Limited · NSE:COFORGE

Coforge — Q2 FY22 Earnings Presentation

12 slides from Coforge's earnings presentation, Oct 25, 2021

  1. Slide 1: Financial Performance Q2FY22

    Financial Performance Q2FY22 Oct 25, 2021 © 2021 Coforge © 2021 Coforge 1

  2. Slide 2: Contents

    Contents ▪ Financial Highlights ▪ Financial Statements • Income Statement • Balance Sheet ▪ Fact Sheet © 2021 Coforge 2

  3. Slide 3: Financial Highlights – Q2FY22

    Financial Highlights – Q2FY22 • On consolidated basis, Revenues for the quarter were $ 212.8 million and Rs 15,694 Million: o Up 37.4% in dollar terms and 36.0% in rupee terms year-on-year. o Up 6.5% in dollar terms and up 7.4% in rupee terms, sequentially. • On an organic basis, Revenues for the qu

  4. Slide 4: Consolidated Income Statement – Q2FY22 (INR Mn)

    Consolidated Income Statement – Q2FY22 INR Mn Particulars Q2FY22 Q1FY22 QoQ% Q2FY21 YoY% Gross Revenues 15,694 14,616 7.4% 11,537 36.0% Direct Costs 10,656 10,250 4.0% 7,776 37.0% Gross Profit 5,038 4,366 15.4% 3,761 33.9% GM% 32.1% 29.9% 223 Bps 32.6% -50 Bps Selling / General And Administration 2,

  5. Slide 5: Consolidated Income Statement – Q2FY22 (USD Mn)

    Consolidated Income Statement – Q2FY22 USD Mn Particulars Q2FY22 Q1FY22 QoQ% Q2FY21 YoY% Gross Revenues 212.8 199.7 6.5% 154.9 37.4% Direct Costs 144.5 140.1 3.1% 104.4 38.4% Gross Profit 68.3 59.7 14.5% 50.5 35.3% GM% 32.1% 29.9% 223 Bps 32.6% -50 Bps Selling / General And Administration 28.7 27.4

  6. Slide 6: Balance Sheet

    Balance Sheet INR Mn As at Sept 30 As at June As at Sept 30 As at Sept 30 As at June As at Sept 30 Particulars Particulars 2021 30 2021 2020 2021 30 2021 2020 Equity 606 606 606 Fixed Assets 5,696 5,665 4,621 Reserves & Surplus 24,162 23,401 21,044 Capital Work in Progress 43 9 6 Intangible Assets 1

  7. Slide 7: Financial Highlights for Q2FY22

    Financial Highlights for Q2FY22 Revenue ($ Mn) 6.5% QoQ 37.4% YoY Revenue (₹ Mn) 7.4% QoQ 36.0% YoY 199.7 212.8 14,616 15,694 154.9 11,537 Q2FY21 Q1FY22 Q2FY22 Q2FY21 Q1FY22 Q2FY22 EBITDA* ($ Mn) 22.9% QoQ 35.9% YoY EBITDA* (₹ Mn) 23.9% QoQ 34.6% YoY 39.6 2,923 29.2 32.2 2,172 2,359 Q2FY21 Q1FY22 Q2

  8. Slide 8: Revenue Mix

    Revenue Mix Geographical Mix Vertical Mix Americas 16% 13% 15% Banking 17% 21% 24% EMEA Insurance 36% 35% 33% 34% ROW Travel 31% 29% Others 19% 19% 19% 48% 52% 52% 30% 29% 28% Q2FY21 Q1FY22 Q2FY22 Q2FY21 Q1FY22 Q2FY22 Service Line Mix Location Mix ADM 15% 14% 14% Onshore CIMS Offshore BPM 19% 20% 21

  9. Slide 9: Key Client Metrics

    Key Client Metrics Order Intake ($ Mn) New Client Addition & Repeat Business USA 318 USA 12 285 150 11 11 12 EMEA 46 EMEA 2 1 48 10 ROW 200 APAC 100 3 96% 5 92% 4 8 21 114 India 89% 58 227 50 6 Repeat Business 7 4 0 6 6 121 123 2 46 -50 0 Q2FY21 Q1FY22 Q2FY22 Q2FY21 Q1FY22 Q2FY22 Executable Order Bo

  10. Slide 10: People data

    People data People Numbers Utilization% (Excl BPO, including trainees) 81.0% 20,491 20,786 78.5% Billable - IT 894 910 77.0% 258 297 Billable - BPS Sales and Marketing Others* 6,544 7,118 11,162 Q2FY21 Q1FY22 Q2FY22 191 690 494 12,221 13,035 Attrition % (Excl BPO) 9,787 15.3% 12.6% Sept’20 June’21 S

  11. Slide 11: Key Metrics

    Key Metrics Top Client Mix Revenue by Project Type Top 5 Top 10 52% 50% 46% FPP 53% 55% 54% Top 20 36% 36% 33% T&M 47% 45% 46% 25% 25% 23% Q2FY21 Q1FY22 Q2FY22 Q2FY21 Q1FY22 Q2FY22 Q2FY21 Q1FY22 Q2FY22 Q2FY21 Q1FY22 Q2FY22 DSO Position Hedge USD 74.93 91.50 121.63 75 71 66 GBP 22.23 21.93 21.09 EUR

  12. Slide 12: End of Document

    End of Document © 2021 Coforge © 2021 Coforge 12

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