Alldigi Tech Ltd · NSE:ALLDIGI
Alldigi Tech — Q4 FY22 Earnings Presentation
25 slides from Alldigi Tech's earnings presentation, May 15, 2022
Slide 1: Cover letter to BSE and NSE
May 14,2022 A Listing Department, Listing Department, BSE Ltd., National Stock Exchange of India Limited, Phiroze Jeejeebhoy Towers, "Exchange Plaza", Dalal Street, Bandra-Kurla Complex, Bandra (East), Mumbai-400 001 Mumbai-400 051 Scrip Code: 532633 Symbol: ALLSEC Sub: Submission of Press Release a
Slide 2: Strong Finish to the year, PAT up 33% QoQ
14th May 2022 BSE: 532633 I NSE: ALLSEC I ISIN: INE835G01018 I CIN: L72300TN1998PLC041033 I WWW.ALLSECTECH.COM Strong Finish to the year, PAT up 33% QoQ Chennai, India – 14th May 2022: Allsec Technologies, a global leader in outsourcing solutions announced its financial results for the Fourth quarte
Slide 3: Business Update
Business Update Human Resources Operations (HRO): Revenue higher by 11% QoQ at ₹31.6 Cr Domestic business revenues excluding Statutory Compliance higher by 15% QoQ at ₹18.1 Cr International business revenue higher by 3% QoQ at ₹6.6 Cr Statutory Compliance business revenue higher by 9% QoQ
Slide 4: About Allsec Technologies Limited
About Allsec Technologies Limited: Allsec Technologies Limited (BSE: 532633, NSE: ALLSEC), headquartered in Chennai has been a pioneer in the HRO and International DBS spaces, and is today the leading Payroll Services Provider in India. Founded in 1998, Allsec is today a global brand, offering high-
Slide 5: Building lasting relationships Q4 FY and FY22
Building lasting relationships Earnings Update Q4 FY 22 and FY22 1
Slide 6: Safe Harbor
Safe Harbor This presentation has been prepared by Allsec Technologies Limited (“Company") solely for information purposes without any regard to any specific objectives, financial situations or informational needs of any particular person. This presentation may not be copied, distributed or dissemin
Slide 7: Contents
Contents Company Overview Q4 FY22 Key Business Highlights Financial Performance (Q4 and FY22) Business segments update Annexures 33
Slide 8: Company Overview
VX ALLSEC TECHNOLOGIES A& BUILDING LASTING RELATIONSHIPS Company Overview
Slide 9: Global leader in outsourcing solutions
Global leader in outsourcing solutions Corporate HRO DBS Quess Corp subsidiary, 1M+ payslips processed per Service Delivery bundled backed by Fairfax Holdings month with Digital (Canada) Transformations 20+ years of Global BPO 400+ Client engagements ~3500 driven and dedicated service Excellence glo
Slide 10: Global Delivery capabilities
Global Delivery capabilities • Global Footprint with proximity to Servicing Markets Chennai (HQ), Bangalore, Noida, INDIA • ~4500 employee workforce • Hindi • Marathi • Multi-Industry, Multinational & Multi-Demographic coverage • • English Tamil • • Punjabi Gujarati • 5 Inter-Connected Service Deliv
Slide 11: Leading and fast growing provider of end-to-end HRO services
Leading and fast growing provider of end-to-end HRO services 120+ logos added in FY22 | 1,000,000+ payslips p.m (25% over Mar’21) | 330,000+ Active users on HRMS (25% over Mar’21) • On-boarding • Travel Requisition with workflow • Employee Info Store Reimbursement • Alerts to Travel Desk, Admin HR S
Slide 12: DBS: Cutting edge Digital Business Services offerings
DBS: Cutting edge Digital Business Services offerings 14 logos, ACV ~ ₹ 40 cr added in FY22 | HC ~3500 • Omni-channel, Chatbots & RPA Customer Experience Management • Customer & Tech Support • Customer Acquisition Credit Risk Management • Debt Collections • Fraud Detection & Risk Management • Accoun
Slide 13: Q4FY22 Key Business Highlights
Q4FY22 Key Business Highlights 99
Slide 14: Q4FY22 Highlights
Q4FY22 Highlights Financial HRO DBS Balance Sheet: HRO: DBS: o Cash and short term investments increased by ₹5.6cr from o Added net ~60,000 payslips during Q4 FY22 o Added 3 new logos with ACV of ₹1.3cr in Q4 Dec 2021 to ₹128.3cr representing 2% growth over Q3 FY22 and 25% o Record 14 logos an
Slide 15: Financial performance
VX ALLSEC TECHNOLOGIES A& BUILDING LASTING RELATIONSHIPS Financial performance 11
Slide 16: Q4FY22 Financial Performance
Q4FY22 Financial Performance Revenue: Revenue (in ₹ lakh) EBITDA (in ₹ lakh) & margin (%age) YoY 16% 2500 40% QoQ 3% YoY 13% • Increased 3% QoQ and increased 16% YoY with strong QoQ 7% 35% 2000 growth from HRO while DBS remained flat 30% 1500 28% 28% 25% 26% Profitability: 8,322 8,537 24% 20% 7,712
Slide 17: FY22 Financial Performance
FY22 Financial Performance Revenue (in ₹ lakh) EBITDA (in ₹ lakh) & margin (%age) Revenue : • 15% higher YoY at ₹317.2cr YoY 15% 10000 50.00% YoY 22% • DBS up 14% at ₹202.5cr 8000 40.00% • HRO up 17% at ₹114.6cr 6000 30.00% Profitability : 31,720 4000 24% 25% 20.00% • EBITDA up 22% on account of hig
Slide 18: Business segment updates
Business segment updates 14 14
Slide 19: Human Resources Operation (HRO) – Performance Snapshot
Human Resources Operation (HRO) – Performance Snapshot Revenue (in ₹ lakh) Payslips processed (in Nos Lakhs); EBIT (in ₹ lakh) & margin (%age) YoY 20% YoY 25% YoY 32% QoQ 11% QoQ 24% QoQ 2% 3165 1,180 2841 2862 2644 2599 1,200 70.00% 693 696 637 944 955 60.00% 569 598 892 836 50.00% 31.7 32.3 40.00%
Slide 20: Digital Business Services (DBS) – Performance Snapshot
Digital Business Services (DBS) – Performance Snapshot Revenue (in ₹ lakh) EBIT (in ₹ lakh) & margin (%age) Headcount break-up (Nos) YoY 14% 825 QoQ 2% YoY 45% 759 30.00% QoQ 8% 5460 5372 25.00% 4704 4550 4871 522 540 20.00% 1755 1575 500 407 2650 2629 2285 15.00% 2460 2101 1663 1835 1517 15% 14% 10
Slide 21: Annexures
VX ALLSEC TECHNOLOGIES A& BUILDING LASTING RELATIONSHIPS Annexures 17
Slide 22: Income Statement
Income Statement In ₹ Lakhs Consolidated Quarterly Var % Year ended Particulars Q4 FY22 Q3 FY22 Q4 FY21 QoQ% YoY % 31-Mar-22 31-Mar-21 YoY % Revenue from Operations 8,537 8,322 7,348 3% 16% 31,720 27,669 15% Less: Employee benefit expenses (4,407) (4,465) (3,963) (1%) 11% (17,246) (15,351) 12% Other
Slide 23: Balance Sheet
Balance Sheet In ₹ Lakhs Particulars 31-Mar-22 31-Mar-21 Var % Non-Current Assets Property Plant & Equipment 931 730 28% Right of Use Assets 4,265 2,011 112% Other Intangible Assets 1,179 600 97% Other Non Current Assets 2,417 2,475 (2%) 8,792 5,816 51% Current Assets Current Investments 4,694 4,971
Slide 24: Cash Flow
Cash Flow In ₹ Lakhs Particulars FY22 FY21 PBT 6,115 4,371 Add: Non cash Expenses/(Income) 2,103 2,872 Operating profit before working capital changes 8,218 7,243 Changes in working capital & Tax paid (1,845) (261) Net cash generated from operating activities 6,373 6,982 Capex (1,348) (719) Tax expe
Slide 25: Thank you
A ALLSEC TECHNOLOGIES BUILDING LASTING RELATIONSHIPS Thank you 21