Coforge Limited · NSE:COFORGE

Coforge — Q3 FY2021 Earnings Presentation

12 slides from Coforge's earnings presentation, Jan 28, 2021

  1. Slide 1: Financial Performance Q3FY21

    Financial Performance Q3FY21 January 28, 2021 © 2020 Coforge © 2020 Coforge 1

  2. Slide 2: Agenda

    Agenda ▪ Financial Highlights ▪ Business Update ▪ Financial Statements • Income Statement • Balance Sheet ▪ Business Analysis © 2020 Coforge 2

  3. Slide 3: Financial Highlights – Q3FY21

    Financial Highlights – Q3FY21 Q3 Revenue at INR 11,906 Mn EBITDA at INR 2,009 Mn • Up 3.2% QoQ and 10.9% YoY • EBITDA excl. RSU Cost at 18.0% • Up 3.3% QoQ in constant currency • Down 1.9% QoQ and Up 3.5% YoY • Up 3.8% QoQ in $ terms • EBITDA Margins at 16.9%, Down 88 bps QoQ and 121 bps YoY Net Pro

  4. Slide 4: Consolidated Income Statement

    Consolidated Income Statement Particulars Q3FY21 Q2FY21 QoQ% Q3FY20 YoY% Gross Revenues 11,906 11,537 3.2% 10,734 10.9% Direct Costs 8,096 7,776 4.1% 7,069 14.5% Gross Profit 3,810 3,761 1.3% 3,666 3.9% GM% 32.0% 32.6% -60 Bps 34.1% -215 Bps Selling / General And Administration 1,665 1,589 4.8% 1,72

  5. Slide 5: Balance Sheet

    Balance Sheet As at Dec 31 As at Sep 30 As at Dec 31 As at Dec 31 As at Sep 30 As at Dec 31 Particulars Particulars 2020 2020 2019 2020 2020 2019 Equity 606 606 625 Fixed Assets 4,531 4,621 4,867 Reserves & Surplus 22,606 21,044 23,096 Capital Work in Progress 10 6 34 Intangible Assets 5,889 6,055 6

  6. Slide 6: Geographical Mix

    Geographical Mix Q2FY21 Q3FY21 ROW ROW 16% 15% Americas Americas 48% 49% EMEA EMEA 36% 36% • Americas increased by 6.1% QoQ • EMEA increased by 3.8% QoQ • ROW decline by 6.7% QoQ © 2020 Coforge 6

  7. Slide 7: Vertical Mix

    Vertical Mix Q2FY21 Q3FY21 BFS BFS 17% 18% Others Others 30% 30% Insurance Insurance 34% 32% Travel Travel 19% 20% • The BFS segment grew 12.7% QoQ • The Travel segment grew 9.7% QoQ • The Insurance segment decline 5.3% QoQ • The Others segment grew 3.5% © 2020 Coforge 7

  8. Slide 8: Service Mix

    Service Mix Q2FY21 Q3FY21 IMS IMS 16% 18% SI & PI SI & PI 5% 3% BPO BPO 3% 3% IP Based IP Based 7% 7% ADM ADM 69% 69% Q3FY21: • Digital revenue at 37% • The product and IP based revenue stands at 7% © 2020 Coforge 8

  9. Slide 9: Order Intake

    Order Intake Order Intake ($ Mn) 201 192 186 180 Q4 FY20 Q1 FY21 Q2 FY21 Q3 FY21 • 11 new customers added: 4 in US, 5 in EMEA and 2 in ROW • $192 Mn order intake in the quarter leading to $ 501 Mn of firm business executable over next 12 months • Geographical breakdown of order intake – US (116 Mn),

  10. Slide 10: Top Client Mix

    Top Client Mix Top 5 Top 10 Top 20 Others 48% 52% 52% 48% 36% 34% 25% 24% Q2'21 Q3'21 MM $ Clients 109 115 © 2020 Coforge 10

  11. Slide 11: People Resource

    People Resource People Data 11,424 11,156 11,162 10,598 Mar'20 Jun'20 Sept'20 Dec'20 Net Additions 307 -558 564 262 Attrition% 11.75% 11.84% 10.5% 10.4% Utilization 78.1% 77.0% 81.0% 78.9% © 2020 Coforge 11

  12. Slide 12: End of Document

    End of Document © 2020 Coforge © 2020 Coforge 12

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