Coforge Limited · NSE:COFORGE

Coforge — Q4 FY2021 Earnings Presentation

14 slides from Coforge's earnings presentation, May 6, 2021

  1. Slide 1: Financial Performance Q4FY21

    Financial Performance Q4FY21 May 6, 2021 © 2021 Coforge © 2021 Coforge 1

  2. Slide 2: Agenda

    Agenda ▪ Financial Highlights ▪ Business Update ▪ Financial Statements • Income Statement • Balance Sheet ▪ Business Analysis © 2021 Coforge 2

  3. Slide 3: Financial Highlights – Q4FY21

    Financial Highlights – Q4FY21 Q4 Revenue at INR 12,615 Mn EBITDA at INR 2,122 Mn • Up 6.0% QoQ and 13.7% YoY • EBITDA excl. RSU and acquisition related cost at 18.0% same as last quarter. • Up 5.1% QoQ in constant currency • EBITDA Margins at 16.8%, Down 5 bps QoQ • Up 7.1% QoQ in $ terms and 95 bps

  4. Slide 4: Financial Highlights – FY2021

    Financial Highlights – FY2021 FY21 Revenue at INR 46,628 Mn EBITDA at INR 7,865 Mn • Up 11.4% over last year • EBITDA excl. RSU and acquisition related cost at 18.0% • Up 6.0% in constant currency • Up 9.3% over last year • Up 6.0% in $ terms • EBITDA Margins at 16.9%, Down 34 bps Net Profits at INR

  5. Slide 5: Consolidated Income Statement – Q4FY21

    Consolidated Income Statement – Q4FY21 INR Mn Particulars Q4FY21 Q3FY21 QoQ% Q4FY20 YoY% Gross Revenues 12,615 11,906 6.0% 11,093 13.7% Gross Profit 4,035 3,810 5.9% 3,804 6.1% GM% 32.0% 32.0% -2 Bps 34.3% -231 Bps Selling / General And Administration 1,767 1,665 6.1% 1,816 -2.7% SG&A to Revenue % 1

  6. Slide 6: Consolidated Income Statement – FY2021

    Consolidated Income Statement – FY2021 INR Mn FY 20* YoY% FY 21 FY 20 YoY% Particulars (Continuing (Continuing (Reported) (Reported) (Reported) Business) Business) Gross Revenues 46,628 41,839 41,809 11.4% 11.5% Direct Cost 31,693 27,528 27,501 15.1% 15.2% Gross Profit 14,935 14,312 14,308 4.4% 4.4%

  7. Slide 7: Balance Sheet

    Balance Sheet INR Mn As at Mar 31 As at Dec 31 As at Mar 31 As at Mar 31 As at Dec 31 As at Mar 31 Particulars Particulars 2021 2020 2020 2021 2020 2020 Equity 606 606 625 Fixed Assets 4,516 4,531 4,805 Reserves & Surplus 24,055 22,606 23,340 Capital Work in Progress 2 10 3 Intangible Assets 5,690 5

  8. Slide 8: Geography Mix Vertical Mix

    Geography Mix Vertical Mix Q3FY21 Q4FY21 Q3FY21 Q4FY21 ROW ROW BFS BFS 15% 14% 18% 17% Others Others 30% 33% Americas Americas 49% 46% Insurance EMEA EMEA Insurance 32% 31% 36% 40% Travel Travel 20% 19% FY20 FY21 FY20 FY21 ROW ROW BFS BFS 15% 15% Others 16% 17% 26% Others 31% Americas Americas 48% 4

  9. Slide 9: Service Mix

    Service Mix Quarterly Q3FY21 Q4FY21 3% 2% 3% 2% 17% 18% ADM IP Assets 7% Managed Services 7% SI & PI ** 69% 72% BPO FY20 Yearly FY21 1% 4% 3% 3% 17% 17% 6% 7% 73% 70% © 2021 Coforge 9

  10. Slide 10: New Service Mix

    New Service Mix Quarterly Q3FY21 Q4FY21 15% 15% 26% 26% ADM CIMS 19% BPM 23% Product Engineering Data & Integration 21% 19% Intelligent Automation 17% 16% 2% 1% FY20 Yearly FY21 15% 15% 27% 32% 18% 20% 21% 15% 18% 16% 2% 2% © 2021 Coforge 10

  11. Slide 11: Order Intake

    Order Intake Order Intake ($ Mn) 201 201 192 186 Q1 FY21 Q2 FY21 Q3 FY21 Q4 FY21 • 11 new customers added: 4 in US, 5 in EMEA and 2 in ROW • $201 Mn order intake in the quarter leading to $ 520 Mn of firm business executable over next 12 months • Geographical breakdown of order intake – US (119 Mn),

  12. Slide 12: Top Client Mix

    Top Client Mix Top 5 Top 10 Top 20 Others 52% 49% 48% 51% 34% 36% 24% 25% Q3'21 Q4'21 MM $ Clients 115 115 © 2021 Coforge 12

  13. Slide 13: People Resource

    People Resource People Data 12,391 11,424 11,162 10,598 Jun'20 Sept'20 Dec'20 Mar'21 Net Additions -558 564 262 967 Attrition% 11.8% 10.5% 10.4% 10.5% Utilization 77.0% 81.0% 78.9% 81.0% © 2021 Coforge 13

  14. Slide 14: End of Document

    End of Document © 2021 Coforge © 2021 Coforge 14

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