Slide 1: Cover letter to stock exchanges: Schedule and Presentation for Investor/Analyst call
DocuSign Envelope ID: D4D8F015-E315-440A-8FC5-CF9F044DCCA3 22 July 2022 The Manager, Listing The Manager, Listing BSE Limited National Stock Exchange of India Ltd Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No. c/1, Dalal Street, G-Block, Bandra-Kurla Complex, Mumbai - 400 001 Mumbai – 400 051 D
Slide 2: Consistency & Transformation: Mphasis Earnings Q1 FY 2023
DocuSign Envelope ID: D4D8F015-E315-440A-8FC5-CF9F044DCCA3 Consistency & Transformation Mphasis Earnings Q1 FY 2023 Nitin Rakesh Manish Dugar CEO & Managing Director CFO © Mphasis 2022 Proprietary and confidential information I 7/22/2022 I 1 I
Slide 3: Safe Harbor
DocuSign Envelope ID: D4D8F015-E315-440A-8FC5-CF9F044DCCA3 Safe Harbor Certain statements mentioned in this presentation concerning our future growth prospects are forward looking statements (the “Forward Statements”) and are based on reasonable expectations of the management, which involves a numbe
Slide 4: IT Spend Continues to Stay Robust Despite Focus on Cost and Macro Trends
DocuSign Envelope ID: D4D8F015-E315-440A-8FC5-CF9F044DCCA3 IT Spend Continues to Stay Robust Despite Focus on Cost and Macro Trends IT budgets are stable at elevated levels Driven by tech themes…. Our Customers 90%+ customers have indicated continued % respondents reporting increase in Cloud tech sp
Slide 5: Consistency & Transformation
DocuSign Envelope ID: D4D8F015-E315-440A-8FC5-CF9F044DCCA3 Consistency & Transformation Q1-FY23: Overall revenue grew 22.1% YoY in CC# Continued growth outperformance in Direct Direct business grew 28.3% YoY in CC# 436^ 431 YoY → 10.0% 10.2% 34.7% 26.3% 414 408 CQGR +3.3% 385 363 CAGR +13.8% 342 334
Slide 6: Continuing Success of Our Strategy in Numbers
DocuSign Envelope ID: D4D8F015-E315-440A-8FC5-CF9F044DCCA3 Continuing Success of Our Strategy in Numbers Revenue in USD Mn Y-o-Y* Y-o-Y* Direct YoY Y-o-Y* Direct YoY 431 436 431 436 431 436 363 22. 1% 363 29. 7% 31.7 % 363 30.2 % 40. 8 % 282 288 351 359 APPS 225 401 408 Americas 277 Direct 323 8. 1%
Slide 7: Broad-based Growth Across Verticals
DocuSign Envelope ID: D4D8F015-E315-440A-8FC5-CF9F044DCCA3 Broad-based Growth Across Verticals Revenue in USD Mn 431 436 Overall Direct Direct YoY YoY CAGR* 363 26.6 % 27. 8 % 24. 9 % 231 233 Banking & Financial Services 186 19.1 % 17.7 % 5.5 % 41 38 Insurance 33 15.6 % 49.5 % 59.9 % 57 58 TMT 52 57
Slide 8: Leading at the Speed of Clients
DocuSign Envelope ID: D4D8F015-E315-440A-8FC5-CF9F044DCCA3 Leading at the Speed of Clients Accelerated Growth in Direct Revenue YoY Strong Q1-23 YoY (28.3% CC) broad- Overall 408 based growth 401 Top 10 accounts grew 32% YoY; 323 Top 10 Top 6 – 10 accounts grew 39% YoY Q1’22 Q4’22 Q1’23 Accounts in
Slide 9: Strong TCV Trend Continues
DocuSign Envelope ID: D4D8F015-E315-440A-8FC5-CF9F044DCCA3 Strong TCV Trend Continues Direct TCV Wins Direct: Revenue vs TCV – Strong Correlation 1,600 CAGR 1,500 Direct Revenue (LTM in US$ Mn) +24.9 % 1,358 1,400 1,225 1,300 1,200 R² = 0.8734 839 1,100 1,000 629 900 Traditional 800 New Gen 700 600
Slide 10: New Gen Pipeline Continues to Stay Strong with Renewed Tribes
DocuSign Envelope ID: D4D8F015-E315-440A-8FC5-CF9F044DCCA3 New Gen Pipeline Continues to Stay Strong with Renewed Tribes QoQ +6 % 9% • Focus on composability to bring in scale, speed and domain Data 10% 16% Modernization 17% • Archetype mode of selling 11% Value Stream Acceleration (DevOps) 11% – Bu
Slide 11: Improving Client Mining and Large-deal Metrics
DocuSign Envelope ID: D4D8F015-E315-440A-8FC5-CF9F044DCCA3 Improving Client Mining and Large-deal Metrics Client Pyramid Focus on winning large-deals (>$20M TCV) Client Additions 105 84 11 large deals in last twelve months Category Y-o-Y Q-o-Q 64 compared to 6 in the previous period. $150M + 3 1 $10
Slide 12: Strong Performance in All Financial Metrics
DocuSign Envelope ID: D4D8F015-E315-440A-8FC5-CF9F044DCCA3 Strong Performance in All Financial Metrics Revenue growth YoY Operating Profit growth* YoY + 20.1 % + 20 % 431 436 69.3 69.5 3.3 2.6 M&A Charges adj 363 57.9 66.9 Reported 66.0 Q1’22 Q4’22 Q1’23 Q1’22 Q4’22 Q1’23 Gross Revenue in $M at aver
Slide 13: In Summary …
DocuSign Envelope ID: D4D8F015-E315-440A-8FC5-CF9F044DCCA3 In Summary … • Direct growth well above industry at 28%+ in Q1-23 • KPIs moving in the right direction with our tribe-based propositions paying off • Track record in winning large deals sustained with 1 large US$50 million + TCV deal in Q1-2
Slide 14: Outlook for FY23
DocuSign Envelope ID: D4D8F015-E315-440A-8FC5-CF9F044DCCA3 Outlook for FY23 • Continued growth momentum while watching for macro • Continuing market-share gains with clients across tiers and verticals, • Robust spending plans of high-quality client base, • Expansion of the addressable market with co
Slide 15: Q&A
DocuSign Envelope ID: D4D8F015-E315-440A-8FC5-CF9F044DCCA3 Q&A Link to financial data for the past three years: https://www.mphasis.com/home/corporate/investors.html © Mphasis Proprietary and confidential information I July 22, 2022 © Mphasis 2022 Proprietary and confidential information I 7/22/2022
Slide 16: Analysts/Advisor Recognitions
DocuSign Envelope ID: D4D8F015-E315-440A-8FC5-CF9F044DCCA3 Analysts/Advisor Recognitions MAJOR GARTNER EMEA LIFE POLICY CONTENDER ADMINISTRATION SYSTEM DEAL TRENDS Mentioned as one of the vendors in the Property and Casualty (P&C) Insurance report - Cool Vendors in Quantum BPS – Service Provider Lan
Slide 17: Awards and Recognitions
DocuSign Envelope ID: D4D8F015-E315-440A-8FC5-CF9F044DCCA3 Awards and Recognitions • Exclusive member of VMware’s Tanzu Partner Advisory Council, a by-invite- only peer-exchange platform for select partners to engage and define Tanzu’s product roadmap/news releases • Preferred solution partner statu