Cigniti Technologies Limited · NSE:CIGNITITEC
Cigniti Technologies — Q3 FY2023 Earnings Presentation
21 slides from Cigniti Technologies's earnings presentation, Feb 2, 2023
Slide 1: Cigniti Technologies Ltd. Investor Update Q3 & 9M-FY23
Cigniti Technologies Ltd. Investor Update Q3 & 9M-FY23 World's Leading AI & IP-led Digital Assurance & Digital Engineering Services Company
Slide 2: Q3FY23 Highlights
Q3FY23 Highlights » The Company has accelerated its revenue in the current quarter by 428.0 270+ 2.7% to Rs. 428.0 Cr. in comparison to previous quarter. Active Clients Revenue (INR in Cr.) 50+ Fortune 500 Clients » The Company during the quarter has won 13 new clients. » Growth has been achieved wi
Slide 3: Q3FY23 Financials (INR in Cr.)
Q3FY23 Financials (INR in Cr.) Revenue Resource Mix in % Revenue Mix in % 427.99 T 416.65 Q2: 22-23 Q3: 22-23 www.cigniti.com | Unsolicited Distribution is Restricted. Copyright @ 2022, Cigniti Technologies 3
Slide 4: Client Composition / Geography Mix of Revenue
Client Composition / Geography Mix of Revenue CLIENT CONTRIBUTION TO REVENUE (%) Q3 (FY: 23) ACTIVE CLIENTS AND NEW CLIENTS Clients Q2 FY22 Q3 FY23 Number of Active Clients 246 287 New Clients Added 9 13 www.cigniti.com | Unsolicited Distribution is Restricted. Copyright @ 2022, Cigniti Technologies
Slide 5: Employee Metrics
Employee Metrics UTILIZATION Utilization Q2 FY23 Q3 FY23 Resource Mix Q2 FY23 Q3 FY23 Onsite 96.4% 95.0% Onsite 22.0% 22.2% Offshore 76.9% 79.2% Offshore 78.0% 77.8% www.cigniti.com | Unsolicited Distribution is Restricted. Copyright @ 2022, Cigniti Technologies 5
Slide 6: Revenue By Sector (%)
Revenue By Sector (%) www.cigniti.com | Unsolicited Distribution is Restricted. Copyright @ 2022, Cigniti Technologies 6
Slide 7: Cigniti – Engineer | Assure | Transform
Cigniti – Engineer | Assure | Transform Strategic Digital Transformation Partner Digital Assurance Services Digital Engineering Services www.cigniti.com | Unsolicited Distribution is Restricted. Copyright @ 2022, Cigniti Technologies 7
Slide 8: Our Key Offerings – Assurance
Our Key Offerings – Assurance Quality Engineering Digital Assurance Functional and Cloud non-functional End to End Migration DevOps testing Automation Assurance ` Service IoT Assurance 5G Mobility Virtualization Assurance Advisory & Blockchain Transformation www.cigniti.com | Unsolicited Distributio
Slide 9: Our Key Offerings – Engineering
Our Key Offerings – Engineering Digital Engineering Agile Application Development Product Customer Consulting CTO-on- Engineering Experience demand AI, Big Data Strategic ` Hyper- Agile Analytics, Capacity intelligent Assurance Blockchain Expansion Automation Cybersecurity www.cigniti.com | Unsolici
Slide 10: Accelerating Digital Transformation - an IP & Platform-led approach
Accelerating Digital Transformation - an IP & Platform-led approach BlueSwanTM ZastraTM AI-led & next-gen proprietary Digital Assurance Enterprise-grade annotation & collaboration platform platform for computer vision projects Verita Incight Data Ingestion from S3 / AI-enabled Quality Customer Digit
Slide 11: Board Members
Board Members www.cigniti.com | Unsolicited Distribution is Restricted. Copyright @ 2022, Cigniti Technologies 11
Slide 12: 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; USA C V Subramanyam, Chairman and Managing Director • Drives client acquisition strategies, provides oversight to Sales, sets business targets, • In 1998, Mr. S
Slide 13: Awards & Recognitions
Awards & Recognitions Awards & Recognitions » NelsonHall recognizes Cigniti’s Digital Assurance leadership. Forrester recognizes Cigniti as a Strong Performer in Continuous Automation & Testing Services. ISG recognized Cigniti as a Leader in Continuous Testing. » Positioned in Gartner’s Magic Quadra
Slide 14: Financial Highlights Q3FY23- Consolidated
Financial Highlights Q3FY23- Consolidated All values are in INR Million Particulars Q3FY23 Q3FY22 Y-o-Y % Q2FY23 Q-o-Q % Income Revenue from operations 4,280 3,254 31.5% 4,167 2.7% Revenue from operations ($M) 52.59 43.65 52.37 Expenses Employee benefit expense 2,493 1,929 29.2% 2,409 3.5% Hired Con
Slide 15: Financial Highlights 9MFY23- Consolidated
Financial Highlights 9MFY23- Consolidated All values are in INR Million Particulars 9M-FY23 9M-FY22 Y-o-Y Income Revenue from operations 12,226 8,977 36.2% Revenue from operations ($M) 154.13 122 Expenses Employee benefit expense 7,196 5,391 33.5% Hired Contractors Cost 2,329 1,685 38.2% Other expen
Slide 16: Cigniti’s Consolidated Balance Sheet
Cigniti’s Consolidated Balance Sheet All values are in INR Million Particulars H1 FY23 FY22 Particulars H1 FY23 FY22 Non-Current assets Equity & Liabilities Property Plant & equipment 340 326 Right-to-use asset 214 255 Equity share capital 273 281 Goodwill 740 549 Other equity 4,622 4,318 Other inta
Slide 17: 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) 164 118 Expenses Employee benefit expense 7,393 5,216 41.7% Other expenses 3,733 2,295 62.7% EBITDA 1,292 1,454 -1
Slide 18: 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
Slide 19: Cashflow Generation
Cashflow Generation All Figures in INR Mn. 9M' FY 2023 FY 2022 Cash Generation Profit before tax 1,577 1,215 Cash and cash equivalents (including fixed deposits) at a healthy levels of 1,192 Mn. (+/-) Non-cash & non operating Items 210 196 Operating Profit before WC Changes 1,787 1,411 Company h
Slide 20: 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
Slide 21: Cigniti Technologies Ltd. offices
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
Cigniti Technologies — Q3 FY2023 Earnings Presentation on 6ix