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Certain statements in this release concerning our future prospects are forward-looking statements. Forward-looking
statements by their nature involve a number of risks and uncertainties that could cause actual results to differ materially
from market expectations. These risks and uncertainties include, but are not limited to our ability to manage growth,
intense competition among Indian and overseas IT Products companies, various factors which may affect our cost
advantage, such as wage increases or an appreciating Rupee, our ability to attract and retain highly skilled professionals,
time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our
ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in
telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for
damages on our service contracts, the success of the companies in which Intellect Design Arena has made strategic
investments, withdrawal of governmental fiscal incentives, political instability, legal restrictions on raising capital or
acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions
affecting our industry.
Intellect Design Arena may, from time to time, make additional written and oral forward-looking statements, including our
reports to shareholders. These forward-looking statements represent only the Company’s current intentions, beliefs or
expectations, and any forward-looking statement speaks only as of the date on which it was made. The Company
assumes no obligation to revise or update any forward-looking statements.
Safe Harbor Statement
2
3
3
Agenda
Intellect - A Snapshot
01
Performance Overview
03
04
Building on Market Leadership
Impactful Innovations
05 Management Observations
02
The world’s only NextGen, Composable and Contextual FinTech Platform
Intellect
4
25+ Years
of Domain Expertise
in FinTech
97+
Countries Served
for Retail and Transaction Banking and
InsurTech categories in IBS SLT 2021
30+
Global Partners
reflecting its commitment to continuous
and impactful innovation
260+
Global Banking Clients
Ranked #1
globally by IBS
8012 - The world’s first
design center for FinTech
Intellect Platforms and Products Overview
iGTB Cloud - CashPower ‘22
Platform
Contextual Banking
Experience
Liquidity
Management
Solution
Payments
Services Hub
Trade & Supply
Chain Finance
Digital
Core
iKredit360
Digital
Cards
Retail Banking
(CBX Retail)
Central
Banking
CORPORATE
BANKING
Underwriting
(Xponent)
Risk
Analyst
Magic
Submission
Digital Wealth
( Wealth Qube)
RETAIL
BANKING
INSURANCE
The world’s only NextGen, Composable and Contextual FinTech Platform
Intellect Platforms and Products Overview
The world’s only NextGen, Composable and Contextual FinTech Platform
Treasury and
ALM (Capital
Cube)
Asset Servicing
(Capital Sigma)
RISK,
TREASURY
&
CAPITAL
MARKETS
PLATFORMS
IDX
iTurmeric
iGov
Performance Overview
Q2 FY 22 and H1 FY 22 - Financial Highlights
7
8
Q2 FY 22 - Strong Revenue Growth and Acceleration of SaaS Revenues
8
Q2 FY22 $ 61.03 Mn
Q2 FY21 $ 49.97 Mn
TOTAL REVENUE (US $)
22%
Q2 FY22 4521 Mn
Q2 FY21 3718 Mn
TOTAL REVENUE (INR)
22%
Q2 FY22 1182 Mn
Q2 FY21 892 Mn
EBITDA (INR)
33%
Q2 FY22 869 Mn
Q2 FY21 982 Mn
LICENSE (INR)
12%
Q2 FY22 879 Mn
Q2 FY21 344 Mn
SAAS & SUBSCRIPTION
REVENUE (INR)
156%
Q2 FY22 814 Mn
Q2 FY21 746 Mn
AMC (INR)
9%
Earnings Presentation | Q2FY21
Company Overview Intellect Journey Board of Directors Business Model Industry Overview Key Competitive Strengths Quarter under Review Annexure
Q2 FY 22 - Strong Revenue Growth and Operating Leverage
GROSS MARGIN (INR)
26%
PAT (INR)
34%
Q2 FY22
Q2 FY21
GROSS MARGIN %
58 %
56%
Q2 FY22
Q2 FY21
EBITDA %
26 %
24%
Q2 FY22
COLLECTIONS (INR)
3471 Mn
Q2 FY22
CSR CONTRIBUTION (INR)
9.81 Mn
Q2 FY22
ANNUALISED EPS
23.63
Q2 FY22
DEAL WINS
9 Q2 FY22
GO LIVES
26
Q2 FY22
NET DSO
141 Days
Q2 FY22 2618 Mn
Q2 FY21 2083 Mn
Q2 FY22 792 Mn
Q2 FY21 592 Mn
Q2 FY22
INVESTMENT IN
PRODUCT DEVELOPMENT
- (CAPITALIZED) (INR)
290 Mn
Zero Debt with Cash of INR 2574 Mn in Q2 FY 22
Global excl. India - 122
India - 214
10
H1 FY22 - Strong Revenue Growth and Acceleration of SaaS Revenues
10
H1 FY22 $ 116.41 Mn
H1 FY21 $ 95.57 Mn
TOTAL REVENUE (US $)
22%
H1 FY22 8605 Mn
H1 FY21 7177 Mn
TOTAL REVENUE (INR)
20%
H1 FY22 2184 Mn
H1 FY21 1571 Mn
EBITDA (INR)
39%
H1 FY22 1662 Mn
H1 FY21 1582 Mn
LICENSE (INR)
5%
H1 FY22 1656 Mn
H1 FY21 729 Mn
SAAS & SUBSCRIPTION
REVENUE (INR)
127%
H1 FY22 1607 Mn
H1 FY21 1480 Mn
AMC (INR)
9%
H1FY 22 - Strong Revenue Growth and Operating Leverage
H1 FY22 4914 Mn
H1 FY21 3930 Mn
GROSS MARGIN (INR)
25%
H1 FY22 1530 Mn
H1 FY21 1018 Mn
PAT (INR)
50%
H1 FY22
H1 FY21
GROSS MARGIN %
57 %
55%
H1 FY22
H1 FY21
EBITDA %
25 %
22%
H1 FY22
COLLECTIONS (INR)
6570 Mn
H1 FY22
INVESTMENT IN
PRODUCT DEVELOPMENT
(CAPITALIZED) (INR)
577 Mn
H1 FY22
CSR CONTRIBUTION (INR)
22.05 Mn
H1 FY22
ANNUALISED EPS
22.81
H1 FY22
DEAL WINS
19 H1 FY22
GO LIVES
52
H1 FY22
NET DSO
141 Days
Global excl. India - 122
India - 214
12
The current funnel of Intellect (INR Mn)
Healthy Pipeline
12
41,490 ($ 560 mn)
is accounted by 156
opportunities
Q2 FY22
48,084 ($649 mn) 46,302 ($ 628 mn)
38,118 ($ 517 mn)
is accounted by 150
opportunities
Q1 FY22 40,181 ($ 540 mn)
30,285 ($ 407 mn)
is accounted by 117
opportunities
Q2 FY21
DESTINY DEALS
# OF DEALS
AVG DEAL SIZE
INR (mn)
% TO TOTAL
OPPORTUNITIES
Q2 FY22
54
414 ($ 5.6 mn)
62%
Q1 FY22
50
412 ($ 5.6 mn)
62%
Q2 FY21
41
446 ($ 6 mn)
53%
13
13
High Value
Active
Pursuits
> INR 50 Cr
INR 30 Cr –
INR 50 Cr
INR 20Cr –
INR 30Cr
Q2 FY21
41
9
12
20
Q1 FY22
50
9
17
24
Won
5
1
2
2
Lost
2
-
1
1
Added
11
3
3
5
Remarks
5 deals Won
2 deals Lost
43 deals from Q1 22
11 new deals added
1 deal Won
8 deals from Q1 22
3 new deals added
2 deals Won
1 deal Lost
14 deals from Q1 22
3 new deals added
2 deals Won
1 deal Lost
21 deals from Q1 22
5 new deals added
Q2 FY 22
54
11
17
26
Active Pursuits
Financial Results for the Second Quarter Ended – September 30, 2021
Additional Information on function wise classification of statement of Profit and Loss of the Group (Consolidated Unaudited / Not Reviewed) INR Millions
Particulars
QUARTER ENDED HALF YEAR ENDED YEAR ENDED
September 30, 2021
(Q2 FY 22)
June 30, 2021
(Q1 FY 22)
September 30, 2020
(Q2 FY 21)
September 30,
2021 (H1 FY 22)
September 30, 2020
(H1 FY 21)
March 31, 2021
(FY 21)
March 31, 2020
(FY 20)
INCOME
Income from software product license and related
services
4480 4064 3730
8544
7223
14992
13509
Hedge Impact 42 19 (12) 61 (46) (17) (40)
Total income 4521 4083 3718 8605 7177 14975 13469
EXPENDITURE
Software development expenses 1903 1788 1635 3691 3247 6646 6987
Gross Margin 2618 2296 2083 4914 3930 8329 6482
Gross Margin % 58 56 56 57 55 56 48
Selling and marketing & General and administrative
expenses
1153 1051 958 2204 1894 3836 4555
Research & Engineering expenses 283 242 234 525 464 933 1219
Total Expenditure 3339 3081 2826 6421 5606 11415 12761
EBITDA 1182 1002 892 2184 1571 3559 708
Depreciation & Amortisation (237) (227) (194) (464) (382) (767) (690)
Finance Charges (12) (12) (25) (24) (65) (92) (174)
Fx Reins. (loss)/gain (58) 46 (28) (12) 21 28 26
Other Income / Expense 26 68 17 93 (11) 154 340
Profit / (Loss) before tax 901 877 662 1778 1133 2882 211
Provision for taxation (108) (140) (70) (248) (115) (255) (51)
Profit / (Loss) after tax 792 737 592 1530 1018 2628 160
Investment of INR 1000 Mn in a privately pooled investment vehicle, Alternative Investment
Fund-Category III in accordance with Regulation 10 of SEBI (Alternative Investment Funds)
Regulations, 2012 as recommended by the Audit Committee
Board Announcement
15
Building on Market Leadership
Key Deal Wins and Implementations
16
Building Market Leadership
9 New Deals including 6 Platform Deals
Europe:
Signed a Strategic Deal with Resurs
Bank in Nordic Region
24
EUROPE
Americas
Signed a significant
Underwriting Platform
Insurance deal in US
A top 30 US Bank signed up
for extending iGTB’s Liquidity
Management Platform for a
global rollout
A top 10 US Bank signed up
for Dynamic Pricing for their
Liquidity & Deposit solutions,
broadening their trust with
iGTB’S Liquidity Platform.
India:
Large multimillion Destiny deal
from a leading private sector bank for
implementing Intellect SME platform
(iKredit 360)
Middle East
- Jordan Kuwait Bank and a top 10
bank in Kuwait have signed up for
iGTB’s Cloud Native CashPower
Platform
- A top 10 bank in Kuwait has signed
a transformative deal with iGTB’s
CashPower 22 Platform
A top 3 GCC Bank has signed up to
extend the existing Cash
Management Platform to their new
entity in United Arab Emirates
Africa:
- -A leading South African Bank
signed up for modernizing their
Liquidity Platform
28
AMERICAS
54
APAC
155+
IMEA
260+
customers
97
countries
Intellect completed the digital transformations
in 26 financial institutions across the world
during this quarter
New Digital Transformation
in Q2 FY 22
Digital Transformations with
expanded product capabilities
/additional Geographies in Q2 FY 22
26
10
16
Growing Customer TRUST with On Time deliveries
Project deliveries to customers are aligned with industry best practices of Agile Methodology, supported by Execution
Accelerators such as Product User Journeys and Low-code Technology Platforms, and are delivered through APIs, Domain
Packs and Model bank on cloud
Impactful Innovations
New Contextual and Composable Platforms
19
iGTB Cloud - CashPower ‘22
20
www.igtb.com
CashPower ‘22 Release Notes
Digital on-boarding:
Frictionless ushering of
corporate on to the
CashPower platform
iGTB CashPower ’22 Highlights - II
Group CIO
Leading Transaction Bank
Commercial Acumen IT Acumen Operational Acumen
C I O
Commercial Acumen
How do I realize returns on
my tech investments within a
single budget cycle?
IT Acumen
How do I modernize without
rip-and-replace approach of
my existing IT investments?
Operational Acumen
Running my own data centres is an
operational nightmare in terms of staffing,
skills, runaway coasts and peak loads.
www.igtb.com
USER JOURNEYS - 78
COMMON OFFERING • UI/UX Branding • ARX – Security Module • Standard Integration Pack
MODULES
1. Account Services
2. Payments - Standard
3. Mobility - Standard
CashNow - 6 Modules
SEAMLESS PAYMENTS
Launched on 16th Aug, 2021
iGTB Cloud - CashPower ‘22
4. Common Services
5. Customer On-Boarding
• By Bank • By Self
OPEN BANKING API - 25
20 – Inquiries; 5 – Action
USER JOURNEYS - 134
MODULES
1. Account Services
2. Payments - Advance
3. Mobility - Standard
4. Collections
5. H2H
CashXtra - 12 Modules
SMART PAY & COLLECT
6. Dashboard
7. Common Services
8. Customer On-Boarding
• By Bank • By Self
OPEN BANKING API - 50
29 – Inquiries; 21 – Action
USER JOURNEYS - 197
MODULES
1. Account Services -
Advance
2. Payments – Advance
3. Physical Payments
4. Mobility - Advance
5. Collections
6. Receivables
7. Virtual Accounts
CashPower - 18 Modules
360 DEGREE BANKING
8. Liquidity
9. H2H
10. Dashboard – Advance
11. Common Services
12. Customer On-
Boarding
• By Bank • By Self
OPEN BANKING API - 75
46 – Inquiries; 29 – Action
5
Discreet Cash Management offerings for Business Banking, SME & Large Corporates
World’s First Integrated Cloud Native Platform
for Cash Management offered as Managed Service
Be up & running with Digital Transaction
Banking on Cloud - via iZOOM
1
2
3
Our strong implementation experience and resultant
expertise from 57+ successful implementations of
Digital Transaction Banking (DTB) suite across APAC,
Europe, Middle East, & Africa.
iZOOM - derived & designed considering
24
10-25
Weeks#
# Indicates typical duration for “as-is implementation” of the base package for a bank.
. Actual duration may vary basis choice of module/package.
• Test automation
• Automated deployment
• Migration scripts
IP & TECHNOLOGY ACCELERATORS
• Market specific Product Awareness Session
• Product deployed in cloud with MData & PData
• Onboarding templates
• Regression test packs
• Interface configurations
BUSINESS ACCELERATORS
• Pre-Configured integration cartridges/adapters
• Proprietary Middleware Layer – Seamless
ecosystem integration via configuration
INTEGRATION ACCELERATORS
TB Test Packs to kick start the
Solution testing
6K+
Reusable Interface Touch Points with Core
Banking & other Solutions
130+
24
Comprehensive and Reliable Implementation Methodology
Rapid Implementation Methodology
25
Proven integration experience across all leading
Core Banking systems
Phoenix Equation
Various Home-Grown &
Legacy Core Banking systems
DIGITAL
CORE
ROBUST
INTELLECT
INTEGRATION LAYER
Global Rollout to cover 70 countries
Due to Data
Sovereignty
Restriction, In-
Country hosting
solution in-
progress for
these countries
• UAE
• BAHRAIN
• OMAN
• KUWAIT
• JORDAN
• ISRAEL
• IRAN
• KSA
• QATAR
MIDDLE-EAST
• ROMANIA
• HUNGRY
• POLAND
• CZECH R
• SERBIA C
• UKRAINE
EASTERN
EUROPE
26
CashPower on iGTB Cloud across Azure data centres
• CANADA
• USA
• MEXICO
• PERU
• BRAZIL
• COLOMBIA
• CHILE
• AGRENTINA
AMERICAS
• SINGAPORE
• MALAYSIA
• INDONESIA
• THAILAND
• VIETNAM
• CAMBODIA
• LAOS
• SOUTH KOREA
• TAIWAN
• HONGKONG
• INDIA
• SRI LANKA
• BANGLADESH
• MYANMAR
• AUSTRALIA
• NEW ZEALAND
• PAPUA NEW
GUINEA
APAC
AFRICA
• SOUTH AFRICA
• UGANDA
• TANZANIA
• ETHIOPIA
• NIGERIA
• MAURITIUS
• GHANA
• ZIMBABWE
• ZAMBIA
• MOZAMBIQUE
• ISRAEL
• ALGERIA
• MOROCCO
• TUNISIA
• KENYA
• EGYPT
• SWEDEN
• DENMARK
• FINLAND
• NORWAY
• ICELAND
NORDICS
• GERMANY
• SPAIN
• NETHERLANDS
• BELGIUM
• FRANCE
• ITALY
• GREECE
• UK
• IRELAND
EUROPE
iKredit 360 & IDC Open Finance Platform Powers Resurs Bank
to be a market leader for e-Commerce and POS Credits
Above all, a sense of responsibility towards the retail partners and big retail chains in
Nordic, deep appreciation of technology and drive for innovation on the fly
Growth and expansion over last 40 years
Leader in consumer finance across Nordic region
Leading partner for sales-driven payment and
loyalty solutions in retail and e-commerce
Best-in-class instore credit
Agile business model
Key Focus Areas
28
29
Digital Transformation Goals
Establish the foundation
for a 24/7 bank
Reduced operational
risk
Become a self-service
bank
Enhanced customer and
partner insights
Faster time to
market
Cost of development
1
2 Manual processes
3 Changes in payments
4 Limited flexibility
5 Operational risk
Across Sweden,
Norway,
Denmark and
Finland
Intellect has been chosen as a partner after rigorous assessment over 18 months with 30+
workshops and 3 months of very detailed POC. Initially started with a long list of 21 vendors and
Intellect won the deal against Temenos, Mambu and Thought Machine
: Pain Points
Intellect Partnership Promotion By Resurs
CIO TALKING ABOUT THE PARTNERSHIP AT
THE CAPITAL MARKETS DAY
CAPITAL MARKETS DAY PREVIEW
HIGHLIGHTING THE PARTNERSHIP
CEO MESSAGE
PRESS RELEASE
3
0
31
IDC and iKredit 360 - Power Under the Hood
Core
(Consumer,
SME/Corporate/Partners)
Lending
(Retail/Corporate Lending,
Invoice Financing)
Origination - Lending / Cards / Sales Finance
Resurs - Mobile and Internet Channels
(Developed and Managed by Resurs)
Turmeric Integration and Extension SDK / API Management / Process Orchestration Layer - OAuth 2.0 Authentication
Partner Settlement and Integrated invoice processing
Partner ERP Systems / e-Commerce Market Place
(Developed and Managed by Retail Chains)
Customer 360 / Assisted Channel
Open Finance Headless Platform
Intellect Open Finance Platform - IDC/iKredit 360
300+ OpenAPI 3.0 compliance RestAPIs
CIF GL
CASA/OD Flexi Deposits
BG/P27/SEPA Pricing Bundle
Limits Collateral
Fees/Charges Schemes
Pre-collection
Interest
Management
Dunning
Interest Rates Fees/Charges
Documents/
PPI
Cards
(Consumer/Corporate,
Master/Private Label/Gift
Cards, Sales Finance)
Revolving Limit Loyalty
Delinquency
Dunning
Interest
Management
Flexi Credit FEWS
Installments
Market Place
(Nordic Payments and
Document Management)
SEPA P27
DMS
Resurs’ Systems
DWH, Card Acquirer,
Data Lake, SWIFT
Gateway, Card
Switch and 20+
systems
300+ APIs. 100+ PBCs. Microservices. Real-time Event Driven
Common Services - Notification/Alerts, Transaction Posting Engine, Pricing Bundle, Dunning Services etc.
0
1
0
2
0
5
0
4
0
3
Container based
Micro-services
Multi-entity, Multi-country,
Multi-time Zones, Multi-
branches, Multi-lingual,
Multi-currency
Hosted in AWS
Germany
Cloud native system
optimized for
continuous delivery
Auto scaling for
demand spurts
Power Under the
Hood
Digital Twinning,
continuous
innovation and
deployment with
Micro-services
architecture
32
Collaborative innovation
with Resurs Bank.
Quick Response time
Accelerated release
process
Conceptualize, create, test
and launch partner products
on the fly
In rapid mode, from code
commit to build – CI-CD Model
01
02
03
04
05
Intellect delivers Innovation as a Service
33
Hyper connected with the Ecosystem
Quicker on-boarding for
developers and
partners
API-first architecture
enables ‘Embrace and
Extend’
300 + APIs out of the
box
Rich Event driven
architecture
Partners can go from concept
to test to launch within days
34
Intellect Digital Core - Offers Best in Class Breadth of Functionality
100+ Packaged Business Capabilities with over 1000 Functions
Deposits (7)
Deposit Operations
Tax
Liquidity
Interest Rate Management
Safe Deposit + 2 PBCs
Payments (6)
Payments & Clearing
Remittance Operations
Payment Components
SEPA Payments
SWIFT and P27 Compliance
Corporate Payments
Account Operations
(10)
Cash Deposit
Withdrawals
Wallets
Virtual Accounts
Collections and Receivables
Digital Banking
ATM Withdrawals
Cards Operations + 3 PBCs
Customer
Management (12)
Super CIF
E-KYC
AML Operations
On-Boarding
CRM
Wealth Management
Loyalty & Rewards
Wealth Management + 4 PBCs
Enterprise
Services (20)
Product Configurator
Enterprise GL
Digital Teller
Fixed Assets Operations
Back office Operations
Trade Finance
Pricing Engine
Treasury
Intellect Data extraction
Identity and Access
Management
Reports Configuration
Branch Ops + 7 PBCs
Lending (18)
Commercial Loan Origination
Retail Loan Origination
Credit Risk Scoring
Loan Servicing
Microfinance / Microcredit
Operating Lease
Commodity Financing
Collaterals Management
Limit Management
Loan Syndication
Project Financing
Refinancing
Debt Management
Underwriting
Credit Scoring + 3 PBCs
iTurmeric (5)
API Exchange
Experience Studio
Integration & Orchestration
Developer Sandbox
Integration Endpoints
Marketplace
(26)
AI/ML Based Voice Banking
Tokenized Cards
Document Management
Personal Finance Management
Open Banking
Online Training & Learning
HRMS
Distributed Ledger Contracts
Crypto-currency Transactions
Regulatory Reporting
Portfolio Analysis
Profitability Analytics
Next Best Product
Conversational AI
Campaign Engine
Gamification
Agent Banking
Loan BOTs
10+ Partner PBCs 35
Intellect Digital Core - Offers Best in Class Breadth of Functionality
300+ Intellect Public Open APIs & 90+ Partner APIs
Partner APIs
(92)
Modify Group
Release Freezed Limit
Get Transaction Details
KYC ID - validation - scan
KYC ID - verification
KYC ID - face scan
Cashflow prediction for retail
banking -ATM, Branches
Categorization & Spend
Analytics
Cashflow Forecasting
OBIE - Account Access Consents
OBIE - Get Account Access
Consents
OBIE - Delete Account Access
Consents
OBIE - Fetch Accounts List
Tag Document
Remove Document
+ 77 APIs
Deposits (25)
Find Closed Deposit Account
Details
Fetch Deposit Summary
Fetch Deposit Account Details
Fetch Deposit Interest Rates
Fetch Deposit Nominee
Fetch Liens Marked on
Deposits
+ 19 APIs
Accounts (50)
Create Account
Create Hovering
Configure Currency Codes
Cancel Limits
Issue Cheque Book
Renew Limits
+ 44 APIs
CIF (15)
Create Joint CIF
Create Lite CIF
Amend Individual CIF
Amend Corporate CIF
Amend CIF Status
Amend CIF Grading (eg. PEP)
+ 9 APIs
Enterprise Services
(60)
Configure GL Category
Create GL Head
Create GL Access Code
Fetch GL Description
Fetch Outstanding Nominal
Transactions
Fetch GL Transaction Details
+ 54 APIs
Lending & Collateral
Management (90)
Initiate a Loan
Customer Search / Dedupe
Loan Eligibility Check
Loan Application Status Check
Upload documents
Fetch Loan Details
+ 84 APIs
Cards (36)
Get Corporate Data Entry
Save Corporate Data Entry
Update Corporate Data Entry
Get Card Customer Details
Get Customer Search 360
Update Address Change
+ 30 APIs
Payments (60)
SWIFT - payment returns
SWIFT - reject recall request
SWIFT - accept recall request
SEPA - recall request
SEPA - accept recall request
SEPA - payment returns
+ 54 APIs
36
Management Observations
Key observations from Arun Jain, CMD and Venkat Saranu, CFO
37
Arun Jain, Chairman and Managing Director
“Intellect's technologies have driven calibrated and profitable growth over the last 8 quarters. As
committed during the Intellect Technology day in March 2021, we launched two Platforms on
Cloud this quarter - iKredit360 and iGTB Cloud - CashPower ‘22. Both platforms have helped
Intellect win 6 platform deals in this quarter. This is the beginning of Intellect's transition from a
Product company to a Fintech Platform.”
Venkateswarlu Saranu, Chief Financial Officer
“Our achieving 22 % growth in two successive quarters with EBITDA growing by 33% is quite
satisfying. We are now a zero debt company, another landmark for a Fintech platform. We are
confident of growing over 20% for the current year.”
Management Observations
38
Chief Financial Officer
venkat.saranu@intellectdesign.com
Vice President – Investor Relations
+91 8939782837
praveen.malik@intellectdesign.com
AVP – Corporate Communication
+91 8939619676
nachu.nagappan@intellectdesign.com
Venkateswarlu Saranu Praveen Malik Nachu Nagappan
Contacts
40
© 2021, Intellect Design Arena Limited.
All rights reserved. These materials are confidential and proprietary to Intellect and no part of these materials should be reproduced, published in any form by any means, electronic or mechanical including photocopy or any information storage or retrieval
system nor should the materials be disclosed to third parties without the express written authorization of Intellect Design Arena Limited.

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Q2 FY22 Results Earnings Announcement

  • 1.
  • 2. 2 Certain statements in this release concerning our future prospects are forward-looking statements. Forward-looking statements by their nature involve a number of risks and uncertainties that could cause actual results to differ materially from market expectations. These risks and uncertainties include, but are not limited to our ability to manage growth, intense competition among Indian and overseas IT Products companies, various factors which may affect our cost advantage, such as wage increases or an appreciating Rupee, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Intellect Design Arena has made strategic investments, withdrawal of governmental fiscal incentives, political instability, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our industry. Intellect Design Arena may, from time to time, make additional written and oral forward-looking statements, including our reports to shareholders. These forward-looking statements represent only the Company’s current intentions, beliefs or expectations, and any forward-looking statement speaks only as of the date on which it was made. The Company assumes no obligation to revise or update any forward-looking statements. Safe Harbor Statement 2
  • 3. 3 3 Agenda Intellect - A Snapshot 01 Performance Overview 03 04 Building on Market Leadership Impactful Innovations 05 Management Observations 02
  • 4. The world’s only NextGen, Composable and Contextual FinTech Platform Intellect 4 25+ Years of Domain Expertise in FinTech 97+ Countries Served for Retail and Transaction Banking and InsurTech categories in IBS SLT 2021 30+ Global Partners reflecting its commitment to continuous and impactful innovation 260+ Global Banking Clients Ranked #1 globally by IBS 8012 - The world’s first design center for FinTech
  • 5. Intellect Platforms and Products Overview iGTB Cloud - CashPower ‘22 Platform Contextual Banking Experience Liquidity Management Solution Payments Services Hub Trade & Supply Chain Finance Digital Core iKredit360 Digital Cards Retail Banking (CBX Retail) Central Banking CORPORATE BANKING Underwriting (Xponent) Risk Analyst Magic Submission Digital Wealth ( Wealth Qube) RETAIL BANKING INSURANCE The world’s only NextGen, Composable and Contextual FinTech Platform
  • 6. Intellect Platforms and Products Overview The world’s only NextGen, Composable and Contextual FinTech Platform Treasury and ALM (Capital Cube) Asset Servicing (Capital Sigma) RISK, TREASURY & CAPITAL MARKETS PLATFORMS IDX iTurmeric iGov
  • 7. Performance Overview Q2 FY 22 and H1 FY 22 - Financial Highlights 7
  • 8. 8 Q2 FY 22 - Strong Revenue Growth and Acceleration of SaaS Revenues 8 Q2 FY22 $ 61.03 Mn Q2 FY21 $ 49.97 Mn TOTAL REVENUE (US $) 22% Q2 FY22 4521 Mn Q2 FY21 3718 Mn TOTAL REVENUE (INR) 22% Q2 FY22 1182 Mn Q2 FY21 892 Mn EBITDA (INR) 33% Q2 FY22 869 Mn Q2 FY21 982 Mn LICENSE (INR) 12% Q2 FY22 879 Mn Q2 FY21 344 Mn SAAS & SUBSCRIPTION REVENUE (INR) 156% Q2 FY22 814 Mn Q2 FY21 746 Mn AMC (INR) 9%
  • 9. Earnings Presentation | Q2FY21 Company Overview Intellect Journey Board of Directors Business Model Industry Overview Key Competitive Strengths Quarter under Review Annexure Q2 FY 22 - Strong Revenue Growth and Operating Leverage GROSS MARGIN (INR) 26% PAT (INR) 34% Q2 FY22 Q2 FY21 GROSS MARGIN % 58 % 56% Q2 FY22 Q2 FY21 EBITDA % 26 % 24% Q2 FY22 COLLECTIONS (INR) 3471 Mn Q2 FY22 CSR CONTRIBUTION (INR) 9.81 Mn Q2 FY22 ANNUALISED EPS 23.63 Q2 FY22 DEAL WINS 9 Q2 FY22 GO LIVES 26 Q2 FY22 NET DSO 141 Days Q2 FY22 2618 Mn Q2 FY21 2083 Mn Q2 FY22 792 Mn Q2 FY21 592 Mn Q2 FY22 INVESTMENT IN PRODUCT DEVELOPMENT - (CAPITALIZED) (INR) 290 Mn Zero Debt with Cash of INR 2574 Mn in Q2 FY 22 Global excl. India - 122 India - 214
  • 10. 10 H1 FY22 - Strong Revenue Growth and Acceleration of SaaS Revenues 10 H1 FY22 $ 116.41 Mn H1 FY21 $ 95.57 Mn TOTAL REVENUE (US $) 22% H1 FY22 8605 Mn H1 FY21 7177 Mn TOTAL REVENUE (INR) 20% H1 FY22 2184 Mn H1 FY21 1571 Mn EBITDA (INR) 39% H1 FY22 1662 Mn H1 FY21 1582 Mn LICENSE (INR) 5% H1 FY22 1656 Mn H1 FY21 729 Mn SAAS & SUBSCRIPTION REVENUE (INR) 127% H1 FY22 1607 Mn H1 FY21 1480 Mn AMC (INR) 9%
  • 11. H1FY 22 - Strong Revenue Growth and Operating Leverage H1 FY22 4914 Mn H1 FY21 3930 Mn GROSS MARGIN (INR) 25% H1 FY22 1530 Mn H1 FY21 1018 Mn PAT (INR) 50% H1 FY22 H1 FY21 GROSS MARGIN % 57 % 55% H1 FY22 H1 FY21 EBITDA % 25 % 22% H1 FY22 COLLECTIONS (INR) 6570 Mn H1 FY22 INVESTMENT IN PRODUCT DEVELOPMENT (CAPITALIZED) (INR) 577 Mn H1 FY22 CSR CONTRIBUTION (INR) 22.05 Mn H1 FY22 ANNUALISED EPS 22.81 H1 FY22 DEAL WINS 19 H1 FY22 GO LIVES 52 H1 FY22 NET DSO 141 Days Global excl. India - 122 India - 214
  • 12. 12 The current funnel of Intellect (INR Mn) Healthy Pipeline 12 41,490 ($ 560 mn) is accounted by 156 opportunities Q2 FY22 48,084 ($649 mn) 46,302 ($ 628 mn) 38,118 ($ 517 mn) is accounted by 150 opportunities Q1 FY22 40,181 ($ 540 mn) 30,285 ($ 407 mn) is accounted by 117 opportunities Q2 FY21 DESTINY DEALS # OF DEALS AVG DEAL SIZE INR (mn) % TO TOTAL OPPORTUNITIES Q2 FY22 54 414 ($ 5.6 mn) 62% Q1 FY22 50 412 ($ 5.6 mn) 62% Q2 FY21 41 446 ($ 6 mn) 53%
  • 13. 13 13 High Value Active Pursuits > INR 50 Cr INR 30 Cr – INR 50 Cr INR 20Cr – INR 30Cr Q2 FY21 41 9 12 20 Q1 FY22 50 9 17 24 Won 5 1 2 2 Lost 2 - 1 1 Added 11 3 3 5 Remarks 5 deals Won 2 deals Lost 43 deals from Q1 22 11 new deals added 1 deal Won 8 deals from Q1 22 3 new deals added 2 deals Won 1 deal Lost 14 deals from Q1 22 3 new deals added 2 deals Won 1 deal Lost 21 deals from Q1 22 5 new deals added Q2 FY 22 54 11 17 26 Active Pursuits
  • 14. Financial Results for the Second Quarter Ended – September 30, 2021 Additional Information on function wise classification of statement of Profit and Loss of the Group (Consolidated Unaudited / Not Reviewed) INR Millions Particulars QUARTER ENDED HALF YEAR ENDED YEAR ENDED September 30, 2021 (Q2 FY 22) June 30, 2021 (Q1 FY 22) September 30, 2020 (Q2 FY 21) September 30, 2021 (H1 FY 22) September 30, 2020 (H1 FY 21) March 31, 2021 (FY 21) March 31, 2020 (FY 20) INCOME Income from software product license and related services 4480 4064 3730 8544 7223 14992 13509 Hedge Impact 42 19 (12) 61 (46) (17) (40) Total income 4521 4083 3718 8605 7177 14975 13469 EXPENDITURE Software development expenses 1903 1788 1635 3691 3247 6646 6987 Gross Margin 2618 2296 2083 4914 3930 8329 6482 Gross Margin % 58 56 56 57 55 56 48 Selling and marketing & General and administrative expenses 1153 1051 958 2204 1894 3836 4555 Research & Engineering expenses 283 242 234 525 464 933 1219 Total Expenditure 3339 3081 2826 6421 5606 11415 12761 EBITDA 1182 1002 892 2184 1571 3559 708 Depreciation & Amortisation (237) (227) (194) (464) (382) (767) (690) Finance Charges (12) (12) (25) (24) (65) (92) (174) Fx Reins. (loss)/gain (58) 46 (28) (12) 21 28 26 Other Income / Expense 26 68 17 93 (11) 154 340 Profit / (Loss) before tax 901 877 662 1778 1133 2882 211 Provision for taxation (108) (140) (70) (248) (115) (255) (51) Profit / (Loss) after tax 792 737 592 1530 1018 2628 160
  • 15. Investment of INR 1000 Mn in a privately pooled investment vehicle, Alternative Investment Fund-Category III in accordance with Regulation 10 of SEBI (Alternative Investment Funds) Regulations, 2012 as recommended by the Audit Committee Board Announcement 15
  • 16. Building on Market Leadership Key Deal Wins and Implementations 16
  • 17. Building Market Leadership 9 New Deals including 6 Platform Deals Europe: Signed a Strategic Deal with Resurs Bank in Nordic Region 24 EUROPE Americas Signed a significant Underwriting Platform Insurance deal in US A top 30 US Bank signed up for extending iGTB’s Liquidity Management Platform for a global rollout A top 10 US Bank signed up for Dynamic Pricing for their Liquidity & Deposit solutions, broadening their trust with iGTB’S Liquidity Platform. India: Large multimillion Destiny deal from a leading private sector bank for implementing Intellect SME platform (iKredit 360) Middle East - Jordan Kuwait Bank and a top 10 bank in Kuwait have signed up for iGTB’s Cloud Native CashPower Platform - A top 10 bank in Kuwait has signed a transformative deal with iGTB’s CashPower 22 Platform A top 3 GCC Bank has signed up to extend the existing Cash Management Platform to their new entity in United Arab Emirates Africa: - -A leading South African Bank signed up for modernizing their Liquidity Platform 28 AMERICAS 54 APAC 155+ IMEA 260+ customers 97 countries
  • 18. Intellect completed the digital transformations in 26 financial institutions across the world during this quarter New Digital Transformation in Q2 FY 22 Digital Transformations with expanded product capabilities /additional Geographies in Q2 FY 22 26 10 16 Growing Customer TRUST with On Time deliveries Project deliveries to customers are aligned with industry best practices of Agile Methodology, supported by Execution Accelerators such as Product User Journeys and Low-code Technology Platforms, and are delivered through APIs, Domain Packs and Model bank on cloud
  • 19. Impactful Innovations New Contextual and Composable Platforms 19
  • 20. iGTB Cloud - CashPower ‘22 20
  • 22. Digital on-boarding: Frictionless ushering of corporate on to the CashPower platform iGTB CashPower ’22 Highlights - II Group CIO Leading Transaction Bank Commercial Acumen IT Acumen Operational Acumen C I O Commercial Acumen How do I realize returns on my tech investments within a single budget cycle? IT Acumen How do I modernize without rip-and-replace approach of my existing IT investments? Operational Acumen Running my own data centres is an operational nightmare in terms of staffing, skills, runaway coasts and peak loads.
  • 23. www.igtb.com USER JOURNEYS - 78 COMMON OFFERING • UI/UX Branding • ARX – Security Module • Standard Integration Pack MODULES 1. Account Services 2. Payments - Standard 3. Mobility - Standard CashNow - 6 Modules SEAMLESS PAYMENTS Launched on 16th Aug, 2021 iGTB Cloud - CashPower ‘22 4. Common Services 5. Customer On-Boarding • By Bank • By Self OPEN BANKING API - 25 20 – Inquiries; 5 – Action USER JOURNEYS - 134 MODULES 1. Account Services 2. Payments - Advance 3. Mobility - Standard 4. Collections 5. H2H CashXtra - 12 Modules SMART PAY & COLLECT 6. Dashboard 7. Common Services 8. Customer On-Boarding • By Bank • By Self OPEN BANKING API - 50 29 – Inquiries; 21 – Action USER JOURNEYS - 197 MODULES 1. Account Services - Advance 2. Payments – Advance 3. Physical Payments 4. Mobility - Advance 5. Collections 6. Receivables 7. Virtual Accounts CashPower - 18 Modules 360 DEGREE BANKING 8. Liquidity 9. H2H 10. Dashboard – Advance 11. Common Services 12. Customer On- Boarding • By Bank • By Self OPEN BANKING API - 75 46 – Inquiries; 29 – Action 5 Discreet Cash Management offerings for Business Banking, SME & Large Corporates World’s First Integrated Cloud Native Platform for Cash Management offered as Managed Service
  • 24. Be up & running with Digital Transaction Banking on Cloud - via iZOOM 1 2 3 Our strong implementation experience and resultant expertise from 57+ successful implementations of Digital Transaction Banking (DTB) suite across APAC, Europe, Middle East, & Africa. iZOOM - derived & designed considering 24 10-25 Weeks# # Indicates typical duration for “as-is implementation” of the base package for a bank. . Actual duration may vary basis choice of module/package. • Test automation • Automated deployment • Migration scripts IP & TECHNOLOGY ACCELERATORS • Market specific Product Awareness Session • Product deployed in cloud with MData & PData • Onboarding templates • Regression test packs • Interface configurations BUSINESS ACCELERATORS • Pre-Configured integration cartridges/adapters • Proprietary Middleware Layer – Seamless ecosystem integration via configuration INTEGRATION ACCELERATORS TB Test Packs to kick start the Solution testing 6K+ Reusable Interface Touch Points with Core Banking & other Solutions 130+ 24 Comprehensive and Reliable Implementation Methodology Rapid Implementation Methodology
  • 25. 25 Proven integration experience across all leading Core Banking systems Phoenix Equation Various Home-Grown & Legacy Core Banking systems DIGITAL CORE ROBUST INTELLECT INTEGRATION LAYER
  • 26. Global Rollout to cover 70 countries Due to Data Sovereignty Restriction, In- Country hosting solution in- progress for these countries • UAE • BAHRAIN • OMAN • KUWAIT • JORDAN • ISRAEL • IRAN • KSA • QATAR MIDDLE-EAST • ROMANIA • HUNGRY • POLAND • CZECH R • SERBIA C • UKRAINE EASTERN EUROPE 26 CashPower on iGTB Cloud across Azure data centres • CANADA • USA • MEXICO • PERU • BRAZIL • COLOMBIA • CHILE • AGRENTINA AMERICAS • SINGAPORE • MALAYSIA • INDONESIA • THAILAND • VIETNAM • CAMBODIA • LAOS • SOUTH KOREA • TAIWAN • HONGKONG • INDIA • SRI LANKA • BANGLADESH • MYANMAR • AUSTRALIA • NEW ZEALAND • PAPUA NEW GUINEA APAC AFRICA • SOUTH AFRICA • UGANDA • TANZANIA • ETHIOPIA • NIGERIA • MAURITIUS • GHANA • ZIMBABWE • ZAMBIA • MOZAMBIQUE • ISRAEL • ALGERIA • MOROCCO • TUNISIA • KENYA • EGYPT • SWEDEN • DENMARK • FINLAND • NORWAY • ICELAND NORDICS • GERMANY • SPAIN • NETHERLANDS • BELGIUM • FRANCE • ITALY • GREECE • UK • IRELAND EUROPE
  • 27. iKredit 360 & IDC Open Finance Platform Powers Resurs Bank to be a market leader for e-Commerce and POS Credits
  • 28. Above all, a sense of responsibility towards the retail partners and big retail chains in Nordic, deep appreciation of technology and drive for innovation on the fly Growth and expansion over last 40 years Leader in consumer finance across Nordic region Leading partner for sales-driven payment and loyalty solutions in retail and e-commerce Best-in-class instore credit Agile business model Key Focus Areas 28
  • 29. 29 Digital Transformation Goals Establish the foundation for a 24/7 bank Reduced operational risk Become a self-service bank Enhanced customer and partner insights Faster time to market Cost of development 1 2 Manual processes 3 Changes in payments 4 Limited flexibility 5 Operational risk Across Sweden, Norway, Denmark and Finland Intellect has been chosen as a partner after rigorous assessment over 18 months with 30+ workshops and 3 months of very detailed POC. Initially started with a long list of 21 vendors and Intellect won the deal against Temenos, Mambu and Thought Machine : Pain Points
  • 30. Intellect Partnership Promotion By Resurs CIO TALKING ABOUT THE PARTNERSHIP AT THE CAPITAL MARKETS DAY CAPITAL MARKETS DAY PREVIEW HIGHLIGHTING THE PARTNERSHIP CEO MESSAGE PRESS RELEASE 3 0
  • 31. 31 IDC and iKredit 360 - Power Under the Hood Core (Consumer, SME/Corporate/Partners) Lending (Retail/Corporate Lending, Invoice Financing) Origination - Lending / Cards / Sales Finance Resurs - Mobile and Internet Channels (Developed and Managed by Resurs) Turmeric Integration and Extension SDK / API Management / Process Orchestration Layer - OAuth 2.0 Authentication Partner Settlement and Integrated invoice processing Partner ERP Systems / e-Commerce Market Place (Developed and Managed by Retail Chains) Customer 360 / Assisted Channel Open Finance Headless Platform Intellect Open Finance Platform - IDC/iKredit 360 300+ OpenAPI 3.0 compliance RestAPIs CIF GL CASA/OD Flexi Deposits BG/P27/SEPA Pricing Bundle Limits Collateral Fees/Charges Schemes Pre-collection Interest Management Dunning Interest Rates Fees/Charges Documents/ PPI Cards (Consumer/Corporate, Master/Private Label/Gift Cards, Sales Finance) Revolving Limit Loyalty Delinquency Dunning Interest Management Flexi Credit FEWS Installments Market Place (Nordic Payments and Document Management) SEPA P27 DMS Resurs’ Systems DWH, Card Acquirer, Data Lake, SWIFT Gateway, Card Switch and 20+ systems 300+ APIs. 100+ PBCs. Microservices. Real-time Event Driven Common Services - Notification/Alerts, Transaction Posting Engine, Pricing Bundle, Dunning Services etc.
  • 32. 0 1 0 2 0 5 0 4 0 3 Container based Micro-services Multi-entity, Multi-country, Multi-time Zones, Multi- branches, Multi-lingual, Multi-currency Hosted in AWS Germany Cloud native system optimized for continuous delivery Auto scaling for demand spurts Power Under the Hood Digital Twinning, continuous innovation and deployment with Micro-services architecture 32
  • 33. Collaborative innovation with Resurs Bank. Quick Response time Accelerated release process Conceptualize, create, test and launch partner products on the fly In rapid mode, from code commit to build – CI-CD Model 01 02 03 04 05 Intellect delivers Innovation as a Service 33
  • 34. Hyper connected with the Ecosystem Quicker on-boarding for developers and partners API-first architecture enables ‘Embrace and Extend’ 300 + APIs out of the box Rich Event driven architecture Partners can go from concept to test to launch within days 34
  • 35. Intellect Digital Core - Offers Best in Class Breadth of Functionality 100+ Packaged Business Capabilities with over 1000 Functions Deposits (7) Deposit Operations Tax Liquidity Interest Rate Management Safe Deposit + 2 PBCs Payments (6) Payments & Clearing Remittance Operations Payment Components SEPA Payments SWIFT and P27 Compliance Corporate Payments Account Operations (10) Cash Deposit Withdrawals Wallets Virtual Accounts Collections and Receivables Digital Banking ATM Withdrawals Cards Operations + 3 PBCs Customer Management (12) Super CIF E-KYC AML Operations On-Boarding CRM Wealth Management Loyalty & Rewards Wealth Management + 4 PBCs Enterprise Services (20) Product Configurator Enterprise GL Digital Teller Fixed Assets Operations Back office Operations Trade Finance Pricing Engine Treasury Intellect Data extraction Identity and Access Management Reports Configuration Branch Ops + 7 PBCs Lending (18) Commercial Loan Origination Retail Loan Origination Credit Risk Scoring Loan Servicing Microfinance / Microcredit Operating Lease Commodity Financing Collaterals Management Limit Management Loan Syndication Project Financing Refinancing Debt Management Underwriting Credit Scoring + 3 PBCs iTurmeric (5) API Exchange Experience Studio Integration & Orchestration Developer Sandbox Integration Endpoints Marketplace (26) AI/ML Based Voice Banking Tokenized Cards Document Management Personal Finance Management Open Banking Online Training & Learning HRMS Distributed Ledger Contracts Crypto-currency Transactions Regulatory Reporting Portfolio Analysis Profitability Analytics Next Best Product Conversational AI Campaign Engine Gamification Agent Banking Loan BOTs 10+ Partner PBCs 35
  • 36. Intellect Digital Core - Offers Best in Class Breadth of Functionality 300+ Intellect Public Open APIs & 90+ Partner APIs Partner APIs (92) Modify Group Release Freezed Limit Get Transaction Details KYC ID - validation - scan KYC ID - verification KYC ID - face scan Cashflow prediction for retail banking -ATM, Branches Categorization & Spend Analytics Cashflow Forecasting OBIE - Account Access Consents OBIE - Get Account Access Consents OBIE - Delete Account Access Consents OBIE - Fetch Accounts List Tag Document Remove Document + 77 APIs Deposits (25) Find Closed Deposit Account Details Fetch Deposit Summary Fetch Deposit Account Details Fetch Deposit Interest Rates Fetch Deposit Nominee Fetch Liens Marked on Deposits + 19 APIs Accounts (50) Create Account Create Hovering Configure Currency Codes Cancel Limits Issue Cheque Book Renew Limits + 44 APIs CIF (15) Create Joint CIF Create Lite CIF Amend Individual CIF Amend Corporate CIF Amend CIF Status Amend CIF Grading (eg. PEP) + 9 APIs Enterprise Services (60) Configure GL Category Create GL Head Create GL Access Code Fetch GL Description Fetch Outstanding Nominal Transactions Fetch GL Transaction Details + 54 APIs Lending & Collateral Management (90) Initiate a Loan Customer Search / Dedupe Loan Eligibility Check Loan Application Status Check Upload documents Fetch Loan Details + 84 APIs Cards (36) Get Corporate Data Entry Save Corporate Data Entry Update Corporate Data Entry Get Card Customer Details Get Customer Search 360 Update Address Change + 30 APIs Payments (60) SWIFT - payment returns SWIFT - reject recall request SWIFT - accept recall request SEPA - recall request SEPA - accept recall request SEPA - payment returns + 54 APIs 36
  • 37. Management Observations Key observations from Arun Jain, CMD and Venkat Saranu, CFO 37
  • 38. Arun Jain, Chairman and Managing Director “Intellect's technologies have driven calibrated and profitable growth over the last 8 quarters. As committed during the Intellect Technology day in March 2021, we launched two Platforms on Cloud this quarter - iKredit360 and iGTB Cloud - CashPower ‘22. Both platforms have helped Intellect win 6 platform deals in this quarter. This is the beginning of Intellect's transition from a Product company to a Fintech Platform.” Venkateswarlu Saranu, Chief Financial Officer “Our achieving 22 % growth in two successive quarters with EBITDA growing by 33% is quite satisfying. We are now a zero debt company, another landmark for a Fintech platform. We are confident of growing over 20% for the current year.” Management Observations 38
  • 39.
  • 40. Chief Financial Officer venkat.saranu@intellectdesign.com Vice President – Investor Relations +91 8939782837 praveen.malik@intellectdesign.com AVP – Corporate Communication +91 8939619676 nachu.nagappan@intellectdesign.com Venkateswarlu Saranu Praveen Malik Nachu Nagappan Contacts 40
  • 41. © 2021, Intellect Design Arena Limited. All rights reserved. These materials are confidential and proprietary to Intellect and no part of these materials should be reproduced, published in any form by any means, electronic or mechanical including photocopy or any information storage or retrieval system nor should the materials be disclosed to third parties without the express written authorization of Intellect Design Arena Limited.