Slide 1: Cigniti Technologies Ltd. Investor Update Q2 & H1-FY22
Cigniti Technologies Ltd. Investor Update Q2 & H1-FY22 www.cigniti.com | Unsolicited Distribution is Restricted. Copyright © 2021-22, Cigniti Technologies
Slide 2: Q2 FY22 Highlights
Q2 FY22 Highlights » The Company accelerated its revenue in the current quarter by 16.5% to Rs. 230+ 307.90 Cr. in comparison to previous quarter. » The Company during the quarter has won 16 new clients. 307.90 Active Clients » The Company has invested in additional manpower in line with its busines
Slide 3: EBITDA & PAT Analysis (FY: 21-22)
EBITDA & PAT Analysis (FY: 21-22) INR Crores INR Crores Particulars Q1 Q2 6M' 2021-22 EBITDA (Reported) 24.31 31.92 56.23 In % 9.2% 10.4% 16.5% Add: SEIS Reversal - 9.74 9.74 - - - Normalized EBITDA 24.31 41.66 65.97 In % 9.2% 13.5% 11.5% INR Crores INR Crores Particulars Q1 Q2 6M' 2021-22 PAT (Repo
Slide 4: Q2FY22 Financials (INR in Cr.)
Q2FY22 Financials (INR in Cr.) Revenue Q2 Resource Mix Q2 Revenue Mix Onsite 21% Onsite Offshore T 51% 49% Offshore [ 52%] [ 48%] 79% [ 78%] [ 52 % ] Data in [ ] for Q1 www.cigniti.com | Unsolicited Distribution is Restricted. Copyright © 2021-22, Cigniti Technologies 4
Slide 5: Client Composition / Geography Mix of Revenue
Client Composition / Geography Mix of Revenue CLIENT CONTRIBUTION TO REVENUE (%) ACTIVE CLIENTS AND NEW CLIENTS Clients Q1 FY22 Q2 FY22 Number of Active Clients 233 231 New Clients Added 28 16 www.cigniti.com | Unsolicited Distribution is Restricted. Copyright © 2021-22, Cigniti Technologies 5
Slide 6: Employee Metrics
Employee Metrics UTILIZATION Utilization Q1 FY22 Q2 FY22 Resource Mix Q1 FY22 Q2 FY22 Onsite 20.8% 21.2% Onsite 95.6% 96.7% Offshore 79.2% 78.8% Offshore 76.7% 84.0% www.cigniti.com | Unsolicited Distribution is Restricted. Copyright © 2021-22, Cigniti Technologies 6
Slide 7: Revenue By Sector (%)
Revenue By Sector (%) www.cigniti.com | Unsolicited Distribution is Restricted. Copyright © 2021-22, Cigniti Technologies 7
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
Slide 9: Board Members
Board Members www.cigniti.com | Unsolicited Distribution is Restricted. Copyright © 2021-22, Cigniti Technologies 9
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
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
Slide 12: Financial Highlights Q2FY22- Consolidated
Financial Highlights Q2FY22- Consolidated All values are in INR Million Particulars Q2FY22 Q1FY22 Q2FY21 Q-o-Q Y-o-Y Income Revenue from operations 3,079 2,644 2,212 16.5% 39.2% Revenue from operations ($M) 42.15 36.04 30.13 Expenses Employee benefit expense 1,807 1,656 1,232 9.2% 46.6% Other expens
Slide 13: Financial Highlights H1FY22- Consolidated
Financial Highlights H1FY22- Consolidated All values are in INR Million Particulars H1FY22 H1FY2021 Y-o-Y Income Revenue from operations 5,723 4,396 30.2% Revenue from operations ($M) 78.19 59.38 Expenses Employee benefit expense 13,462 2,543 36.1% Other expenses 1,698 1,050 61.7% EBITDA 562 803 -29
Slide 14: Cigniti's Income statement FY 21 – Consolidated
Cigniti’s Income statement FY 21 – Consolidated All values are in INR Million Particulars FY20 FY21 Income Revenue from operations 8,720 8,965 Revenue from operations ($M) 124 122 Expenses Employee benefit expense 5,190 5,216 Other expenses 2,243 2,295 EBITDA 1,287 1,455 % EBITDA 14.8% 16.2% Depreci
Slide 15: Cigniti's Balance Sheet H1FY22- Consolidated
Cigniti’s Balance Sheet H1FY22- Consolidated All values are in INR Million Particulars H1FY22 H1FY21 Particulars H1FY22 H1FY21 Property Plant & equipment 216 165 Equity & Liabilities Right-to-use asset 176 258 Equity share capital 281 278 Goodwill 549 549 Other equity 3,822 2,924 Capital WIP - - Sub
Slide 16: Cigniti's Balance Sheet FY21- Consolidated
Cigniti’s Balance Sheet FY21- Consolidated All values are in INR Million Particulars FY21 FY20 Particulars FY21 FY20 Property Plant & equipment 167 172 Equity & Liabilities Right-to-use asset 217 299 Equity share capital 280 278 Goodwill 549 549 Other equity 3,443 2,394 Capital WIP - - Sub total 3,7
Slide 17: Cashflow Generation H1' FY22
Cashflow Generation H1’ FY22 vs. H1’ FY22 All Figures in INR Mn. H1' FY22 H1' FY21 FY 2021 Cash Generation Profit before tax 539 788 1,411 Cash and cash equivalents (including short-term (+/-) Non-cash & non operating Items 120 52 93 fixed deposits) at 313 Mn. Operating Profit before WC Changes 65
Slide 18: 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 19: Cigniti Technologies Ltd. Office Locations
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