Cigniti Technologies Limited · NSE:CIGNITITEC
Cigniti Technologies — Q1 FY24 Earnings Presentation
17 slides from Cigniti Technologies's earnings presentation, Jul 29, 2023
Slide 1: Cigniti Technologies Ltd. Investor Update Q1 FY24
Cigniti Technologies Ltd. Investor Update Q1 FY24 World's Leading AI & IP-led Digital Assurance & Digital Engineering Services Company
Slide 2: Q1 FY24 Highlights
Q1 FY24 Highlights » The Company’s Consolidated Revenue from operations for the 215+ quarter Q1’FY24 stood at Rs 439.53 crore as against Rs.377.97 crore corresponding quarter Q1’FY23 up by 16.3%. 439.53 Active Clients » EBITDA margin for the June quarter was at 14.1% and EBITDA Revenue (INR in Cr.)
Slide 3: Q1 FY24 Financials (INR in Cr.)
Q1 FY24 Financials (INR in Cr.) Revenue Growth Y o Y www.cigniti.com | Unsolicited Distribution is Restricted. Copyright @ 2023, Cigniti Technologies 3
Slide 4: Client Composition / Geography Mix of Revenue
Client Composition / Geography Mix of Revenue Clients Q4'23 Q1'24 Number of Clients 230 212 New Clients Added 12 6 www.cigniti.com | Unsolicited Distribution is Restricted. Copyright @ 2023, Cigniti Technologies 4
Slide 5: Delivery Metrics Q1'24
Delivery Metrics Q1’24 www.cigniti.com | Unsolicited Distribution is Restricted. Copyright @ 2023, Cigniti Technologies 5
Slide 6: Revenue By Sector (%)
Revenue By Sector (%) www.cigniti.com | Unsolicited Distribution is Restricted. Copyright @ 2023, Cigniti Technologies 6
Slide 7: Cigniti – Assure | Engineer | Transform – Digital. Done. Right.
Cigniti – Assure | Engineer | Transform – Digital. Done. Right.TM Digital Assurance Services Digital Engineering Services Strategic Digital Transformation Partner www.cigniti.com | Unsolicited Distribution is Restricted. Copyright @ 2023, Cigniti Technologies 7
Slide 8: Accelerating Digital Transformation - an IP & Platform-led Approach
Accelerating Digital Transformation - an IP & Platform-led Approach BlueSwanTM ZastraTM AI-led & next-gen proprietary Digital Enterprise-grade annotation & collaboration Assurance platform platform for computer vision projects Verita Incight Data Ingestion from S3 / AI-enabled Quality Customer Digit
Slide 9: Our Key Service Offerings
Our Key Service Offerings Quality Engineering • Automated Functional Testing • TEM & TDM Digital Assurance • Non-functional Testing • Service Virtualization • Mobility • Customer Experience • Monitoring & Analysis • End to End Automation • Analytics • Cloud Native Application Testing • Performance E
Slide 10: Our Driving Force
Our Driving Force Management Advisory Council Board Srikanth Chakkilam C V Subramanyam RK Agarwal, Independent CEO & Non-executive Ramnik Kamo Non-Executive Chairman EVP, CIO, & Chief People Officer, Director Director Mavenir Dr. Aiman Abdel-Malek Phaneesh Murthy, Executive Chairman, Advisory Board,
Slide 11: Awards & Recognitions
Awards & Recognitions Awards & Recognitions » NelsonHall recognized Cigniti again as a ‘Leader’ in Quality Engineering in NEAT 2023, ISG recognized Cigniti as Product Challengers and Contenders in the US and Europe Regions in the ISG Provider Lens™ Digital Engineering Services 2023, Forrester recogn
Slide 12: Financial Highlights Q1FY24- Consolidated
Financial Highlights Q1FY24- Consolidated All values are in INR Million Particulars Q1FY24 Q1FY23 Y-o-Y % Q4FY23 Q-o-Q % Income Revenue from operations 4,395 3,780 16.3% 4,250 3.4% Revenue from operations ($M) $53.50 $49.17 $52.08 Expenses Employee benefit expense 2,672 2,294 16.5% 2,448 9.1% Hired
Slide 13: Financial Highlights 12MFY23- Consolidated
Financial Highlights 12MFY23- Consolidated All values are in INR Million Particulars 12MFY23 12MFY22 Y-o-Y Income Revenue from operations 16,475 12,418 32.7% Revenue from operations ($M) $206 $164 Expenses Employee benefit expense 9,644 7,393 30.5% Hired Contractors Cost 3,075 2,394 28.5% Other expe
Slide 14: Cigniti's Consolidated Balance Sheet
All values are in INR Million Cigniti’s Consolidated Balance Sheet Particulars FY23 FY22 Particulars FY23 FY22 Property Plant & equipment 302 326 Equity & Liabilities Right-to-use asset 188 255 Equity share capital 273 281 Goodwill 740 549 Other equity 5,621 4,318 Capital WIP - - Sub total 5,894 4,5
Slide 15: Cashflow Generation
Cashflow Generation All Figures in INR Mn. Q1 FY 24 FY 2023 Cash Generation Profit before tax 586 2,216 Cash and cash equivalents (including fixed deposits) at a (+/-) Non-cash & non operating Items 38 270 healthy levels of Rs. 883 Mn. Operating Profit before WC Changes 624 2,486 Company has inv
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
Slide 17: Global office locations
India USA Hyderabad Dallas Cigniti Technologies Ltd. Cigniti Technologies Inc. 6th Floor, ORION Block, "The V" (Ascendas) 433 E Las Colinas Blvd, Plot #17 Software Units Layout Suite 1300, Irving, TX 75039 Madhapur, Hyderabad-500081 USA Canada UK 630 Freedom Business Center, Cigniti Technologies Can