Slide 1: Investor Update Q3FY2023
Reimagining Mobility with YOU January 31, 2023 Investor Update Q3FY2023 KPIT Technologies Ltd.
Slide 2: Forward Looking Statements
Forward Looking Statements Some of the statements in this update that are not historical facts, are forward-looking statements. These forward-looking statements include our financial and growth projections, as well as statements concerning our plans, strategies, intentions and beliefs concerning our
Slide 3: Performance Overview Q3FY23
• 1 March 2021 Performance Overview Q3FY23 Reimagining Mobility with YOU
Slide 4: Performance Overview Q3FY23
Performance Q3FY23 CC Revenue grows 44.7% YoY, 19.3% QoQ Overview Q3FY23 revenue crosses $ 100M per quarter, at $ 110.5M Q2FY23 Q3FY23 $ Revenue Growth of 31.9% Y-o-Y, 17.3% Q-o-Q 1 Revenue Organic CC Growth of 24.6% Y-o-Y and 4.9% Q-o-Q Q3FY23 Q3FY23 Net Profit at ₹ 1,005 M 2 Net Profit N Net Profi
Slide 5: Performance Highlights
Performance Highlights Organic growth led by Middleware & Architecture Consulting and Passenger Car vertical. Full quarter consolidation of Technica during the quarter. This quarter 01 is seasonally the best quarter for Technica in terms of revenue and profitability. EBITDA margins for the quarter f
Slide 6: Additional facts - timeseries
Additional facts - timeseries Revenue $ M Consistent Performance 110.5 89.9 94.2 80.4 83.7 87.1 71.1 72.8 77.2 76.9 76.9 65.3 65.3 69.7 74.5 77.2 10 Consecutive Quarters of Steady Revenue Growth EBITDA ₹ M 1,699 1,3321,382 1,150 1,214 1,041 751 662 697 811 931 981 10 Consecutive Quarters 639 739 727
Slide 7: Management Quotes
Management Quotes Kishor Patil, Co-founder, CEO and MD, KPIT said,” KPIT’s focus over the last 20+ years on the Mobility Industry is resulting in consistent growth and robust medium-term visibility. Q3FY23 performance has been better than expectations. Our performance, coupled with healthy pipeline
Slide 8: Cash Flow – Major Movement
Cash Flow – Major Movement ₹M Increase in Working Capital – 2,206 NET CASH (₹ M) Q3FY23 Q2FY23 Gross Cash 7,235 9,624 Long Term Debt NIL NIL Technica Payout – 4,800 Short Term Debt 493* NIL Capex – 153 NET CASH 6,742 9,624 Cash and Cash Equivalents break-up ₹M In Investment Accounts (in India) 2,210
Slide 9: New Engagements
New Engagements TCV of new engagements won during the Quarter : $ 272* million Renault Group selected KPIT as a strategic technology partner for next generation Software-Defined Vehicle(SDV) program (already announced mid-quarter) A leading European Car Manufacturer selected KPIT for a multiple enga
Slide 10: Other Updates Q3FY23
• 1 March 2021 Other Updates Q3FY23 Reimagining Mobility with YOU
Slide 11: KPIT – Thought Leadership
KPIT – Thought Leadership Exchanging Perspectives and Ideas on Software-Defined Vehicle and Future of Mobility at IZB, Germany Unfolding Mobility at BQ Prime's FutureToday Summit Future Today Summit, BQ Prime explores the potential of key sectors like mobility, defence manufacturing, energy and powe
Slide 12: KPIT – Celebrating 20 years of partnership
KPIT – Celebrating 20 years of partnership !! KPIT and Cummins recently marked their 20th anniversary of partnership with celebrations at KPIT corporate office in Pune. The evening was a memorable exchange of new ideas and thoughts, reflecting on the wonderful years of togetherness. In the last 20 y
Slide 13: KPIT – Societal Development Commitment
KPIT – Societal Development Commitment • Water Conservation • KPIT SPARKLE (Engg. Innovation) • Forest Conservation • SHODH (PhD researchers) • Chotte Scientists (School Children) ENVIRONMENT EDUCATION Making this world a Transforming lives of better place to live in people through science & technol
Slide 14: KPITians from USA helping make the world cleaner and greener
KPIT – KPITians from USA are helping make the world cleaner and greener Recently, a spirited group of 40 KPITians, supported by family, made a collective difference at Yates Park in Rochester Hills, MI and the nearby Yates Cider Mill and Nature Trail. The KPIT CSR team organized river cleaning event
Slide 15: Generous donations from KPIT Thailand Employees
KPIT – Generous donations from KPIT Thailand Employees The CSR team at KPIT Thailand organized a donation drive recently and received an overwhelming response form KPITians in Thailand. All the collected items were donated to the Baan Nokkamin Foundation in Thailand. Overall, through our campaign, t
Slide 16: Financial & Operational Data Snapshot
• 1 March 2021 Financial & Operational Data Snapshot Reimagining Mobility with YOU
Slide 17: Profit & Loss Account Snapshot
Profit & Loss Account Snapshot INR MN DETAILS Q3FY23 Q2FY23 Q3FY22 Revenue from Operations 9,171.15 7,448.32 6,223.67 Other Income 210.59 94.90 80.75 Total Income 9,381.74 7,543.22 6,304.42 Operating Expenses 7,472.50 6,066.69 5,073.92 EBITDA 1,698.65 1,381.63 1,149.75 Depreciation 404.05 327.41 311
Slide 18: Balance Sheet Snapshot
INR MN Balance Sheet Snapshot ASSETS Q3FY23 Q2FY23 EQUITY & LIABILITIES Q3FY23 Q2FY23 NON-CURRENT ASSETS Equity Share Capital 2,701.55 2,699.53 Other Equity 12,775.53 11,219.79 Property, Plant & Equipment 2,104.68 1,933.64 Equity attributable to owners 15,477.08 13,919.32 Right-of-use Assets 2,491.5
Slide 19: Revenue Break-up
Revenue Break-up USD MN Verticals* Q3FY23 Q2FY23 Q3FY22 Q-o-Q Y-o-Y Passenger Cars 86.00 69.30 61.42 24.1% 40.0% Commercial Vehicles 23.49 23.75 20.40 (1.1)% 15.1% * The balance revenues come from others, which is not a big area as of now Business Units# Q3FY23 Q2FY23 Q3FY22 Q-o-Q Y-o-Y Feature Deve
Slide 20: P&L Metrics
P&L Metrics Q3FY23 Q2FY23 Q3FY22 Q-o-Q Y-o-Y Revenue by Contract Type Time & Material Basis 51.0% 53.5% 43.5% 11.8% 54.7% Fixed Price Basis 49.0% 46.5% 56.5% 23.6% 14.5% Clients Strategic Client Revenue 81.4% 85.4% 82.93% 10.7% 28.3% Active Clients (Period End) 60 60 58 Revenue per Devp. Employee US
Slide 21: Currency wise revenues, Hedging Details
Currency wise revenues, Hedging Details O/s Hedge Details Q3FY23 Currency wise Hedge Rates Q3FY23 Q2FY23 Q3FY22 revenue USD/INR 81.47 USD 35.0% 41.1% 37.8% EUR/INR 86.77 EUR 46.1% 35.4% 36.4% GBP/INR 100.92 GBP 5.6% 8.1% 5.0% JPY/INR 0.62 JPY 6.5% 6.9% 11.1% Hedge Amounts(Mn) INR 4.3% 5.9% 4.8% USD/
Slide 22: Headcount Data
Headcount Data Period End Headcount Q3FY23 Q2FY23 Q3FY22 Q-o-Q Y-o-Y Development 9,795 9.284 7,220 - - Enabling & Sales 695 632 606 - - Total 10,490 9,916 7,826 - - 1/31/2023 22
Slide 23: Contact Us
• 1 March 2021 Contact Us Reimagining Mobility with YOU
Slide 24: Conference Call Details
Conference Call Details Conference name : KPIT Technologies Q3 FY2023 Post Earnings Conference Call Date : Wednesday February 01, 2023 Time : 1700 Hrs. Participants : Mr. Kishor Patil, Co-founder, CEO & MD Mr. Sachin Tikekar, President, Joint MD Mr. Anup Sable, Whole-time Director & CTO Mr. Chinmay
Slide 25: Contact
Contact For Investor Queries Email Sunil.Phansalkar@kpit.com Desk Phone + 91 20 6770 6997 Cell + 91 98509 66011 Website www.kpit.com Sunil Phansalkar 25
Slide 26: Contact
Contact For Media Queries Email Sunil.R@kpit.com Desk Phone + 91 80 6606 6000 (7865) Cell + 91 99001 50180 Website www.kpit.com Sunil B R 26
Slide 27: THANK YOU !!
THANK YOU !! KPIT Technologies Ltd.