Slide 1: Presented by John Owen and Abhishek Singh
Presented by: John Owen | Group CEO Abhishek Singh | Group CFO
Slide 2: Table of Contents
Table of Contents 01. Highlights of the Quarter 02. Financial Performance 03. Operational Performance 04. Key Wins for the Quarter 05. Evosys Advantage 06. Acquisition and Covid Updates Mastek Limited | Investor Presentation 2021 | Presentation title in footer 2
Slide 3: Highlights of the Quarter
Highlights 01 of the Quarter 02 03 04 05 06
Slide 4: Highlights of the Quarter
Highlights of the Quarter Mastek crossed $55m revenue Improvement in Operating Mastek and Evosys mark in the Q2 EBITDA margin of 350 bps signed second deal in QoQ H1FY21 under “Joint Go- Q1 Q2 Q3 Q4 21.1% Operating To Market strategy” Q2 FY EBITDA margin 21 6.1% QoQ revenue growth in Q2FY21 Mastek J
Slide 5: Financial Performance
Financial 02 Performance 01 02 03 04 05 06
Slide 6: Consistent Financial Performance
Consistent 68.2% Financial Performance Revenue growth YoY Revenue from Operations Operating EBITDA Margin PAT Margin 21.1% 21.1% 17.6% Operating 17.3% EBITDA margin 12.8% 13.2% 13.3% 13.8% improved by 936 bps 12.1% 12.3% 12.4% 12.7% 12.2% 12.0% 11.8% YoY 14.3% 11.0% 11.6% 9.8% 10.0% 9.7% 10.3% 9.4%
Slide 7: Financial Summary – Q2 FY21
Financial Summary – Q2 FY21 Growth Growth Key Performance Metrics Q2FY21 Q1FY21 Q2FY20 QoQ YoY Revenue from Operations* ($m) $55.1 $50.8 $34.4 5.3% (CC) 56.3% (CC) Revenue from Operations* (Rs Crore) 409.7 386.1 243.6 6.1% 68.2% Revenue Other Income (Rs Crore) 4.1 16.7 9.1 (75.7%) (55.5%) Total Inco
Slide 8: Financial Summary – H1 FY21
Financial Summary – H1 FY21 Growth Key Performance Metrics H1FY21 H1FY20 YoY Revenue from Operations* ($m) $105.8 $69.9 51.2% (CC) Revenue from Operations* (Rs Crore) 795.8 491.1 62.0% Revenue Other Income (Rs Crore) 20.8 14.3 45.7% Total Income (Rs Crore) 816.6 505.4 61.6% Op. EBITDA 154.7 61.5 151
Slide 9: Consolidated Financial Highlights Q2 FY21
Comparison: Quarter-on-Quarter and Year-on-Year (Figures in Rs Crore) Consolidated Financial Highlights Q2 FY21 Operating EBITDA & 12 Months Order Operating Revenue PAT & Margin (%) Margin (%) Backlog* 21.1% 14.3% 17.6% 940.5 86.6 11.6% 386.1 409.7 9.7% 764.5 11.8% 68.1 626.5 243.6 59.1 46.6 28.7 24
Slide 10: Balance Sheet Metrics H1 FY’21 - Consolidated
Strengthening the Balance Sheet Balance Sheet Metrics H1 FY’21 - Consolidated Return on Capital Free Cash Flow* Cash & Cash Return on Equity*# Employed*# Equivalent* 168.0 23.1% 154.1 476.4 20.6% 19.8% 414.7 16.0% 17.1% 14.6% 244.5 60.2 FY19 FY20 H1FY21 FY19 FY20 H1FY21 FY19 FY20 H1FY21 FY19 FY20 H1
Slide 11: Operational Performance
Operational 03 Performance 01 02 04 05 06
Slide 12: Operating Metrics Q2 FY21
Operating Metrics Q2 FY21 Strengthening our business Q2FY21 Q1FY21 Q2FY20 New Clients Added 37 48 11 Active Client (immediately preceding 12 months) 542 504 144 Client Base Top 5 34.5% 35.1% 40.0% Top 10 45.8% 48.1% 57.0% Total Employee 3,354 3,321 1,937 - Offshore 2,283 2,227 1,171 Employee - Onsit
Slide 13: Revenue Analysis Q2 FY21 - Consolidated
Balancing our portfolio Revenue Analysis Q2 FY21 - Consolidated Revenue by Market Region* Revenue by Q2FY20 31.3% 37.1% 8.7% 17.6% 5.3% Industry 1.9% 3.5% 4.3% Segment Government Q1FY21 33.6% 17.7% 19.9% 12.8% 16.0% 26.6% 14.1% 10.8% Retail Services 17.1% 17.7% Health 71.5% Financial Services Q2FY21
Slide 14: Revenue by Service Line Q2 FY21 - Consolidated
8.8% 1.0% Operational Performance Revenue By Q2FY20 44.0% 26.1% 16.4% Service Line Q2 FY21 – 3.0% 3.7% 1.1% Consolidated Q1FY21 40.7% 34.7% 11.1% 7.6% Applicant Development Oracle Suite & Cloud Migration 1.8% Digital Commerce Application Support & Maintenance 4.2% 0.2% BI & Analytics Q2FY21 40.8% 34
Slide 15: Key wins for the quarter
Key wins 04 for the quarter 01 02 03 05 06
Slide 16: Public Sector
Public Sector UK ROW ME • Client: Central • Client: Large government • Client: Government owned Government Department owned investment company in civil aviation company About the deal: Brexit Australia, having presence About the deal: Evosys shall Impact: Innovative new since 30 years, providing be
Slide 17: Healthcare
Healthcare US UK • Client: Multimillion • Client: National Health healthcare giant having Service more than 70 nursing and About the deal: assisted living centers in COVID Impact: Developing a the US across eight states cutting edge collaboration About the deal: Evosys platform for the suite of will
Slide 18: Manufacturing & Engineering and Construction
Manufacturing & Engineering and Construction US UK & Europe Private Sector • Client: A Global manufacturer of industry leading medical products. • Client: A multi billion and About the deal: As a key transformation partner, Mastek is helping the leading global design & customer enhance their online
Slide 19: Telecom Retail
Telecom Retail ME US • Client: Bahrain's leading • Client: 24 years old leading telecom company. Using skin care brand from USA SAP ECC for more than a with markets in Australia, decade Europe, USA & Scandinavia About the deal: Evosys About the deal: shall deploy its GLIDE for Evosys shall deploy it
Slide 20: Evosys Advantage
Evosys Advantage 05 01 02 03 04 06
Slide 21: Evosys
One of the Top SI for Oracle Cloud Applications Evosys Global and Cross Pillar Value Based Delivery • 1000+ Global Customers with Deliver Measurable Outcome presences in 30+ countries • Expertise in all Oracle Cloud Pillars Oracle Global Verticalized Approach Evosys Glide (On Prem to Platinum & Clou
Slide 22: Prebuild Accelerators for On Premise to Cloud Transformation
Prebuild Accelerators for On Premise to Cloud Transformation 87 clients 6 clients 6 clients Assessment of Insights to build Advisory Data Migration Support and configuration & expected ROI services for enhancement customizations transformation services Accelerators Mastek Limited | Investor Presenta
Slide 23: Evosys - ERP, SCM Extensions/Solutions
Evosys - ERP, SCM Extensions/Solutions Evo Bank Facility Point of Sales Catch Weight Management System Solution Sales Solution Evo Subcontract Evo Van Sales Evo Mobile Management Solution Supply Chain Solution SMART Desk- Online Freight Multi-dimensional Service Request Calculation Reporting Managem
Slide 24: Oracle Named as a Magic Quadrant Leader
Oracle Named as a Magic Quadrant Leader CHALLENGERS LEADERS Magic Quadrant provides visibility into an enterprise’s financial position through automation and process support Gartner Names Oracle (Oracle ERP Cloud) a Magic Quadrant Leader Market for cloud suites will continue to evolve over next 5 to
Slide 25: Oracle Named as a Magic Quadrant Leader
Oracle Named as a Magic Quadrant Leader Magic Quadrant for Cloud ERP for Product-Centric Magic Quadrant for Cloud Core Financial Management Enterprises* Suites for Midsize, Large and Global Enterprises* Mastek Limited | Investor Presentation 2021 | 25 *Source: Oracle
Slide 26: Evosys Amongst Top Leaders for Oracle Cloud Application Services
Evosys Amongst Top Leaders for Oracle Cloud Application Services Improvement in ranking For 2 consecutive years of Evosys year on year 2019 2020 $20 Billion+ in services & CHALLENGERS LEADERS CHALLENGERS LEADERS implementation revenue opportunity around Oracle annually Existing players in ‘Leaders’
Slide 27: Advantages of EVOSYS Acquisition
Advantages of EVOSYS Acquisition Fast Growth Oracle Cloud Oracle is the leader in this Evosys has been a winner, segment, as stated by year-after-year, in Oracle’s ERP/HCM is growing @ Gartner in its various Global Awards category for 30%+ reports Performance Growth of Oracle is the Evosys- a consis
Slide 28: Advantages of EVOSYS Acquisition
Advantages of EVOSYS Acquisition Accelerating Client Acquisition High Profitability Set of 1,300 strong serviced customer- High EBIDTA business which is repeatable base globally; around 200 customers and scalable having >$1 billion revenue; helps in leveraging Digital Transformation services offered
Slide 29: Mastek and Evosys Cross-Sell Opportunity
Mastek and Evosys Cross-Sell Opportunity Mastek Services: Evosys Services: Application Development Oracle Cloud Application Digital Commerce Implementation Application Support & Oracle On Premise Maintenance Implementations and Upgrade BI & Analytics Oracle Application Support Agile Consulting Oracl
Slide 30: Strengthening Our Joint Sale: Co-sell Opportunity
Strengthening Our Joint Sale Advantages of joint bids for Evosys ERP/ HCM bids Co-sell Opportunity Competitive “Total Digital Transformation” Solution offering Mastek Services Size benefit to bid for large Joint contracts and compete against large Go-to-Market players Strategy Evosys Services Multi-
Slide 31: Acquisition and Covid Updates
Acquisition and Covid Updates 06 01 02 03 04 05
Slide 32: Evosys Acquisition Update
Evosys Acquisition Update Scheme of Arrangement Business Transfer Integration (Demerger) Agreement • Transfer of shareholdings • Applications filed with BSE • Sales and Marketing of subsidiaries of Evosys and NSE on 30 June 2020 teams working Arabia in progress • Awaiting approval collaboratively as
Slide 33: Macro Economic Factors in Our Market
Macro Economic Factors in Our Market Oracle Suite and Cloud UK US Migration • No deal Brexit looming large • With Retail focused clientele, the • Good demand all round. Customer • Public sector is reasonably geography is struggling for pull experienced in newer insulated opportunity and conversion g
Slide 34: Questions & Answers
Mastek*@ Thank You Questions & Answers