Slide 1: Regulation 30 intimation to stock exchanges
Date: November 3, 2024 To, To, BSE Limited, National Stock Exchange of India Limited, Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Fort, Bandra Kurla Complex, Bandra (East), Mumbai – 400001 Mumbai - 400051 BSE Scrip Code: 543451 NSE Scrip Symbol: AGSTRA Sub: Intimation under Regulation 3
Slide 2: Investor Presentation November 2024
Investor Presentation November 2024
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by AGS Transact Technologies Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for
Slide 4: Q2 & H1FY25 Performance
Q2 & H1FY25 Performance
Slide 5: Management Commentary
Management Commentary “We are pleased to report a consistent performance during this financial year with both the quarters delivering healthy EBITDA and PAT margins. In Q2FY25, our total income stood at INR 3,681 million with an EBITDA of INR 1,047 million and PAT of INR 152 million. In the first ha
Slide 6: Performance Highlights – Q2 & H1FY25
Performance Highlights – Q2 & H1FY25 ₹ Mn Total Income EBITDA PAT 26.2% 29.9% 28.4% (1.2%) 3.9% 4.1% 3,568 152 3,516 138 3,681 Q2 FY25 1,047 1,053 Q4FY24 934 Q1FY25 Q2FY25 -44 Q4FY24 Q1FY25 Q2FY25 Q4FY24* Q1FY25# Q2FY25# Total Income EBITDA PAT 25.6% 29.2% (7.8%) 4.0% 290 7,680 7,197 1,968 H1FY24 2,
Slide 7: Consolidated Statement of Profit and Loss
Consolidated Statement of Profit and Loss (In ₹mn) Q2FY25 Q2FY24 YoY Q1FY25 QoQ H1FY25 H1FY24 YoY FY24 Revenue from operations 3,517 3,765 3,398 6,915 7,477 14,706 Other income 164 121 118 283 203 381 Total income 3,681 3,886 -5% 3,516 5% 7,197 7,680 -6% 15,088 Expenses Cost of raw materials and com
Slide 8: Adjusted EBITDA and PBT Bridge
Adjusted EBITDA and PBT Bridge (In ₹mn) Q2FY25 Q2FY24 Q1FY25 H1FY25 H1FY24 FY24 Reported EBITDA 1,047 195 1,053 2,100 1,110 2,356 Add: ESOP Expenses - 7 - - 12 23 Add: Non-recurring items Loss allowance on trade receivables - 450 - - 450 1,161 Forex loss due to devaluation of currency of Sri Lanka -
Slide 9: Consolidated Balance Sheet
Consolidated Balance Sheet (In ₹mn) Sep-24 Mar-24 (In ₹mn) Sep-24 Mar-24 Non-current assets Equity and liabilities Property, plant and equipment 4,173 4,595 Equity Right – of – use Asset 1,692 2,186 Equity share capital 1,213 1,210 Capital work-in-progress 216 218 Other equity 4,134 3,406 Goodwill 3
Slide 10: Consolidated Cash Flow Statement
Consolidated Cash Flow Statement (In ₹mn) September 2024 September 2023 (A) Cash flow from operating activities Net restated profit/(loss) before tax 411 -702 Adjustments: 1963 2155 2374 1453 Changes in working capital : Decrease / (increase) in inventories 236 69 (Increase) / decrease in trade rece
Slide 11: Strategic Initiatives
Strategic Initiatives • Commenced Zero-KYC National Common Mobility Cards (NCMC) for Bengaluru Metro Rail Corporation to Enhance Commuting Experience; Launched ‘Ongo Ride’ at Chennai Metro to empower Commuters with Instant Issuance of ‘Ready-to-use’ National Common Mobility Card (Zero-KYC) • Issued
Slide 12: Company Overview
Company Overview
Slide 13: Company Snapshot
Company Snapshot Three Major Business Segments: ATM Outsourcing Cash Management Digital Payment ATM Services Hardware Site selection Provisioning(Kiosk/AT Installation & Branding Cash in Transit M/Deposit) Cash Processing Dashboards Door-step Banking Network & & SLA Infrastructure Reports Dedicated
Slide 14: Integrated Omni-Channel Payment Solutions Provider
Integrated Omni-Channel Payment Solutions Provider 1 *ATM & CRM Outsourcing / Management 32,151 ATMs, including 7,230 Cash Payment Sr. % of sales Revenue Mix CRMs Solutions No. Q2FY25 6 Other Automation 2 1. Payment Solutions 81 Solutions *Cash Management ~53,876 cash billing terminals installed i.
Slide 15: Operational & Financial Metrics: Cash Payment Segment
Operational & Financial Metrics: Cash Payment Segment Pan India Presence Cash payment financial highlights (Consolidated) ₹ Mn 4,666 2,368 H1FY25 Revenue from Q2FY25 Revenue from Operations Operations *Breakdown of ATMs & CRMs as on September 30, 2024 Fixed Monthly 35% 33% Fee 32,151 32,151 ATMs & O
Slide 16: Omni-Channel, End-to-end Cash Payments Solutions (1/2)
Omni-Channel, End-to-end Cash Payments Solutions (1/2) Managed Services (MSP) Independent Deployment (IAD) 1 2 3 4 5 6 7 8 9 10 Procurement, Daily Operations Cash Monitoring, Incident Second Line MIS, Dashboards & Profitability Switching/ Asset Site Selection Installation Management Management Manag
Slide 17: Omni-Channel, End-to-end Cash Payments Solutions (2/2)
Omni-Channel, End-to-end Cash Payments Solutions (2/2) Providing full range of services in the ATM managed services market SVIL | Second largest cash management company in India, in terms of revenue from cash management and number of ATMs replenished 1 Cash Pick-up and Cash Processing ATM Services C
Slide 18: Digital Payments Solutions: Acquiring
Omni-Channel, End-to-end Digital Payments Solutions: Acquiring Acquiring Solutions Payment Acceptance Integrated Payments Merchant Application and Loans Against Card Billing Software CUG Prepaid & Loyalty (Device-based and device-less) Solution Portal Receivables Number of PoS Terminals GTV through
Slide 19: Digital Payments Solutions: Issuance
Omni-Channel, End-to-end Digital Payments Solutions: Issuance Offering niche solutions with focus on transit, fuel & retail/ecommerce. National Common Mobility Card (NCMC) • Rupay enabled Zero & min. KYC prepaid card allows seamless commuting across NCMC enabled metro stations, buses, water metro To
Slide 20: Industry Overview
Industry Overview
Slide 21: Fast Growing Digital Payments Industry
Fast Growing Digital Payments Industry Payments industry expected to be $106 Tn inflows Transaction Volume of Cards (in Bn) and $50Bn in revenue terms in 2030 Transaction Volume of PPIs (in Bn) Debit Card Credit Card 10.3 9.8 10.8 11.9 9.2 8.6 6.9 7.9 9.1 106.2 6.9 3.9 3.4 3.8 3.8 3.9 3.9 4.0 5.1 16
Slide 22: Addressing Significant Market Opportunities in Fuel Industry
Addressing Significant Market Opportunities in Fuel Industry Digital Payments: Transforming Fuel Transactions Digitally Digital Payments Transactions (1) Fuel Sales ((INR Trillion)(2) +25% Digital 65% 10% Digital 40% 45% Other 55% 2022 2026 90% Value of Digital Payments (INR Trillion)(1) Other 2019
Slide 23: Strong Growth in the Cash Payments Industry
Strong Growth in the Cash Payments Industry Cash Transactions account for 89% of all transactions (FY22) Cash in Circulation as a % of GDP Cash withdrawal from ATMs back to PreCovid levels In Trillion 34 35 700 32 Pre COVID-19 Easing Restrictions & Unlock Post COVID-19 Non-Cash Mode 29 650 Phase 600
Slide 24: Historical Financials
Historical Financials
Slide 25: Financial Metrics
Financial Metrics ₹ Mn Total Income Adjusted EBITDA & EBITDA Margin Adjusted Profit Before Tax & Margin 27.3% 26.7% 26.7% 28.7% 25.3% 6.8% 4.7% 4.8% 6.8% 1.4% 17,972 17,973 18,335 17,075 1,246 5,005 1,163 4,907 4,796 15,088 4,790 3,815 869 853 206 FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24 FY
Slide 26: Segmental Performance
Segmental Performance ₹ Mn ₹ Mn Cash Payment Solution Revenues Digital Payment Solution Revenues Revenue from operations breakdown FY2018-19 10,576 11,208 2,800 2,968 Other Automation 11,298 11,366 10,816 9,817 2,675 2,486 16% 2,140 1,570 14% Banking Automation 71% FY19 FY20 FY21 FY22 FY23 FY24 FY19
Slide 27: Consolidated Statement of Profit and Loss
Consolidated Statement of Profit and Loss (In ₹mn) FY24 FY23 FY22 FY21 Revenue from operations 14,706 16,713 17,719 17,589 Other income 381 362 254 382 Total income 15,088 17,075 17,973 17,972 Expenses COGS 1,164 1,782 2,281 2,630 Employee benefit expenses 2,130 2,328 2,547 2,749 Other expenses 7,97
Slide 28: Annexures
Annexures
Slide 29: Business Lines – Banking Automation & Other Automation
Business Lines – Banking Automation & Other Automation Banking Automation Solutions Other Automation Solutions • Cash Dispensers: Enable customers to access their bank accounts to • Cash Billing Terminals: Offers cash billing terminals and solutions to make cash withdrawals (or credit card cash adva
Slide 30: Board of Directors and Senior Management Team (1/2)
Board of Directors and Senior Management Team (1/2) • One of the Promoters of the Company Ravi B. Goyal • Responsible for the management of the overall operations of our Company and our Subsidiaries (Chairman & • Prior to establishing AGS, founded Advanced Graphic Systems, a proprietary concern, to
Slide 31: Board of Directors and Senior Management Team (2/2)
Board of Directors and Senior Management Team (2/2) • One of the Promoters of the Company Ravi B. Goyal • Responsible for the management of the overall operations of our Company and our Subsidiaries (Chairman & • Prior to establishing AGS, founded Advanced Graphic Systems, a proprietary concern, to
Slide 32: Journey / Key Milestones
Journey / Key Milestones Incorporated AGS Transact • Started manufacturing of • Entered into a • Introduced currency Technologies Limited paint dispensers at cooperation agreement technology solution under Daman with Diebold Nixdorf for the brand ‘Genuine’ 2002 2004 • Established relationship 2009 b
Slide 33: AGS Transact Technologies - Corporate Structure
AGS Transact Technologies - Corporate Structure Promoters and 65.52% AGS Transact Technologies Promoter Group Ltd. 100% 100% 100% Global Transact Services Pte. Ltd 90% Novus Technologies Pte. Ltd. India Transact Securevalue India Ltd. (Cash and Digital Payment Services Ltd. (Cash Management) Solutio
Slide 34: Thank You
THANK YOU AGS Transact Technologies Limited CIN: L72200MH2002PLC138213 Ms. Sneha Kadam Company Secretary & Compliance Officer Email id: companysecretary@agsindia.com Tel No: 022 - 71818181 Strategic Growth Advisors Pvt Ltd. CIN: U74140MH2010PTC204285 Shikha Puri / Riddhish Bhayani Email id: shikha.p