Ltm Limited · NSE:LTM

Ltm — Mindtree — Q3 FY2022 Earnings Presentation

23 slides from Ltm's earnings presentation, 2022

  1. Slide 1: Mindtree Investor Presentation & Factsheet for Q3 FY22

    Analyze Reimagine Transform ⚫ ⚫ Mindtree Investor Presentation & Factsheet for Q3 FY22

  2. Slide 2: Safe Harbor

    Safe Harbor This presentation may contain forward-looking statements, which involve risks and uncertainties that could cause our actual results to differ materially from those in such forward-looking statements. The conditions caused by the COVID-19 pandemic could decrease customer’s technology spen

  3. Slide 3: Company snapshot

    Company snapshot $1.5B 265 As per Q3 FY22 active clients run rate Leading digital $19B transformation partner annual revenue of with a history of over parent company: two decades 31,900+ Larsen & Toubro Mindtree Minds Presence in 24 countries 3

  4. Slide 4: Imperatives that drive our strategy

    Imperatives that drive our strategy Build on our existing Develop strategic relationships strengths and partnerships Enhance focus on key Continue to Simplify, growth opportunities Differentiate and Change 4

  5. Slide 5: Strategy for profitable growth

    Strategy for profitable growth 4 4 4 INDUSTRY GROUPS SERVICE LINES GEOGRAPHIES RCM BFSI Retail, Consumer Banking, Customer Data and North UK Products & Financial Services Success Intelligence America and Ireland Manufacturing & Insurance Health Consulting TTH CMT Cloud Enterprise IT Continental APAC

  6. Slide 6: Q3 FY22 Financial Highlights

    Q3 FY22 Financial Highlights PROFITABLE GROWTH : 4.7% QoQ and 33.7% YoY $366.4M 21.5% 19.2% 15.9% ₹26.5 Revenue EBITDA EBIT PAT EPS +9.5% QoQ, +33.7% YoY HEALTHY ORDER BOOK BROAD-BASED GROWTH RESILIENT BALANCE SHEET $250M revenue run-rate in BFSI $412.7M All time high $200M revenue run-rate in TTH C

  7. Slide 7: Strong performance for the quarter

    Strong performance for the quarter $366.4M $78.9M | 21.5% REVENUE EBITDA Q-o-Q 4.7%  Q-o-Q  9.8%  100 bps Y-o-Y 33.7%  Y-o-Y  24.7%  160bps 5.2% $ 70.5M | 19.2% ₹ 26.5 Q-o-Q CC Revenue Growth EBIT EPS Q-o-Q  10.9%  100 bps Q-o-Q 9.5%  Y-o-Y  31.5%  40 bps Y-o-Y 33.7%  7

  8. Slide 8: Q3 FY22 financials (USD in millions)

    Q3 FY22 financials (USD in millions)  4.7% Q-o-Q  9.8% Q-o-Q 350.1 366.4 78.9 REVENUE 71.8 EBITDA 63.3 274.1 Q3 FY21 Q2 FY22 Q3 FY22 Q3 FY21 Q2 FY22 Q3 FY22  10.9% Q-o-Q  8.0% Q-o-Q 70.5 63.6 58.3 54.0 EBIT 53.6 PAT 44.2 Q3 FY21 Q2 FY22 Q3 FY22 Q3 FY21 Q2 FY22 Q3 FY22 8

  9. Slide 9: Q3 FY22 financials (INR in millions)

    Q3 FY22 financials (INR in millions)  6.3% Q-o-Q  11.6% Q-o-Q 27,500 5,921 25,862 5,307 REVENUE EBITDA 4,679 20,237 Q3 FY21 Q2 FY22 Q3 FY22 Q3 FY21 Q2 FY22 Q3 FY22  12.6% Q-o-Q  9.7% Q-o-Q 5,289 4,697 4,375 EBIT PAT 3,989 3,962 3,265 Q3 FY21 Q2 FY22 Q3 FY22 Q3 FY21 Q2 FY22 Q3 FY22 9

  10. Slide 10: Revenue by Industry Groups

    Revenue by Industry Groups Industry Group Mix Q-o-Q Y-o-Y Q3 FY21 Q2 FY22 Q3 FY22 (Revenue %)* USD Growth USD Growth BFSI 19.6 17.5 17.5 4.2%  19.4%  CMT 46.2 42.5 43.1 6.1%  24.5%  RCM 21.4 25.4 24.3 0.1%  51.7%  TTH 11.8 13.5 13.8 7.4%  56.4%  HCARE 1.0 1.1 1.3 29.2%  83.3%  *A few accou

  11. Slide 11: Revenue by Service Lines and Geographies

    Revenue by Service Lines and Geographies Q-o-Q Y-o-Y Service Lines Mix (Revenue %) Q3 FY21 Q2 FY22 Q3 FY22 USD Growth USD Growth Customer Success 38.1 43.2 42.9 3.9 %  50.7%  Data & Intelligence 14.9 14.3 14.8 7.7%  32.5%  Cloud 19.2 18.7 19.1 7.1%  32.9%  Enterprise IT 27.8 23.8 23.2 2.2%  1

  12. Slide 12: Client composition

    Client composition CLIENT CONTRIBUTION TO REVENUE (%) TOTAL CONTRACT VALUE ($In Millions) Q3 FY21 Q2 FY22 Q3 FY22 59.0% 45.1% 360 358 60.6% 58.9% 35.7% 312 49.0% 44.9% 24.3% 39.8% 35.4% 28.5% 24.9% Q3 FY21 Q2 FY22 Q3 FY22 CLIENT METRICS Top Client Top 5 Clients Top 10 Clients Top 20 Clients Revenue

  13. Slide 13: Healthy deal wins – Mix of annuity and transformational

    Healthy deal wins – Mix of annuity and transformational A global vacation A leading credit bureau company selected selected Mindtree as a Mindtree as a strategic strategic partner to transformation partner to build a new specialty enhance its competitive finance platform. Under A leading global this

  14. Slide 14: Awards and recognitions

    Awards and recognitions Won the Silver award in the Named a Major Contender in Everest Named a Major Contender in Everest Most Innovative Company of Group’s Advanced Analytics and Group's Platform IT Banking Services the Year category at the Best in Insights (AA&I) PEAK Matrix® PEAK Matrix® Assessme

  15. Slide 15: ESG in focus

    ESG in focus ENVIRONMENT GOVERNANCE Achieve carbon neutrality Transparent reporting of non- financial disclosures Green technology solutions to aid clients in achieving SOCIAL ESG-linked executive sustainability goals compensation Ambitious digital skilling agenda Employee ethics and compliance trai

  16. Slide 16: Employee metrics

    Employee metrics WORK ETHOS Delivering Anchored by LEARNING CARING Ambitious PURPOSE with Curiosity for People RESULTS Total Mindtree Minds Q3 FY21 Q2 FY22 Q3 FY22 Attrition (Last Twelve Months) >4,500 Software professionals 20,976 28,218 30,338 Gross addition in 21.9% S&M 298 371 392 Q3 FY22 17.7%

  17. Slide 17: Employee metrics

    Employee metrics UTILIZATION 83.1% 82.9% LEARNING AND DEVELOPMENT 81.5% increase in learning hours 26% quarter-over-quarter Q3 FY21 Q2 FY22 Q3 FY22 EFFORT MIX INTEGRATED TALENT MANAGEMENT Location % Q3 FY21 Q2 FY22 Q3 FY22 ▪ Brought the entire employee lifecycle into an integrated talent function On

  18. Slide 18: Key financials and other metrics

    Key financials and other metrics Free Cash Flow Cash and Investment Cash Flow (₹ millions) 30,723 27,940 25,234 63 64 DSO (days) 61 5,800 4,595 2,791 Q3 FY21 Q2 FY22 Q3 FY22 Q3 FY21 Q2 FY22 Q3 FY22 EPS Diluted (₹ per share) 44.5 26.5 24.2 ROCE (%) 19.8 41.7 41.7 Q3 FY21 Q2 FY22 Q3 FY22 Q3 FY21 Q2 FY

  19. Slide 19: Hedge position and INR-USD rate

    Hedge position and INR-USD rate 145M Balance sheet Value Total hedges hedges $1,663M outstanding in USD Avg. rate ₹81.6 1,509M Cash flow hedges 9M Options Rupee Dollar Rate Q3 FY21 Q2 FY22 Q3 FY22 Period closing rate 73.04 74.16 74.47 Period average rate 73.84 73.87 75.06 19

  20. Slide 20: Other Financial Metrics

    Other Financial Metrics Welcome to possible

  21. Slide 21: 9 Months performance

    9 Months performance  30.3% Y-o-Y  33.0% Y-o-Y EBITDA ($ M & %) 1,027.0 213.7 REVENUE ($ M) 788.3 160.7 20.4% 20.8% YTD FY21 YTD FY22 YTD FY21 YTD FY22  39.8% Y-o-Y  48.8% Y-o-Y 189.1 EBIT ($ M & %) PAT ($ M & %) 135.3 158.8 106.7 17.2% 18.4% 13.5% 15.5% YTD FY21 YTD FY22 YTD FY21 YTD FY22 21

  22. Slide 22: 9 Months performance

    9 Months performance 4 4 4 Industry Service Lines Geography Mix Group Mix* YTD FY21 YTD FY22 Mix** YTD FY21 YTD FY22 YTD FY21 YTD FY22 (Revenue %) (Revenue %) (Revenue %) BFSI 20.1 17.7 Customer North 38.9 42.1 77.9 74.0 Success America CMT 46.6 43.6 Data & Continental 14.4 14.7 7.2 8.7 Intelligence

  23. Slide 23: Welcome to possible

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Mindtree — Q3 FY2022 Earnings Presentation on 6ix