Rategain Travel Technologies Limited

INR 1,193

on a strong footing. Strong Demand and Stable Recurring Revenue Driving Growth and Margins Q1FY23 INR 1,193 M 59% YoY Adj. PAT Q1FY23 INR 149M 267% YoY REVENUE GROWTH Q1 FY23 189M (Steady Y-o-Y) 25% Adj

59%

footing. Strong Demand and Stable Recurring Revenue Driving Growth and Margins Q1FY23 INR 1,193 M 59% YoY Adj. PAT Q1FY23 INR 149M 267% YoY REVENUE GROWTH Q1 FY23 189M (Steady Y-o-Y) 25% Adj EBID

INR 149

nd Stable Recurring Revenue Driving Growth and Margins Q1FY23 INR 1,193 M 59% YoY Adj. PAT Q1FY23 INR 149M 267% YoY REVENUE GROWTH Q1 FY23 189M (Steady Y-o-Y) 25% Adj EBIDTA Q1FY23 INR 124M 104% YoY

267%

Recurring Revenue Driving Growth and Margins Q1FY23 INR 1,193 M 59% YoY Adj. PAT Q1FY23 INR 149M 267% YoY REVENUE GROWTH Q1 FY23 189M (Steady Y-o-Y) 25% Adj EBIDTA Q1FY23 INR 124M 104% YoY IMPROV

25%

R 1,193 M 59% YoY Adj. PAT Q1FY23 INR 149M 267% YoY REVENUE GROWTH Q1 FY23 189M (Steady Y-o-Y) 25% Adj EBIDTA Q1FY23 INR 124M 104% YoY IMPROVING PROFITABILITY NEW CONTRACT WINS As of June 30, 2

INR 124

PAT Q1FY23 INR 149M 267% YoY REVENUE GROWTH Q1 FY23 189M (Steady Y-o-Y) 25% Adj EBIDTA Q1FY23 INR 124M 104% YoY IMPROVING PROFITABILITY NEW CONTRACT WINS As of June 30, 2022 Net Worth : INR 6,348 M

104%

23 INR 149M 267% YoY REVENUE GROWTH Q1 FY23 189M (Steady Y-o-Y) 25% Adj EBIDTA Q1FY23 INR 124M 104% YoY IMPROVING PROFITABILITY NEW CONTRACT WINS As of June 30, 2022 Net Worth : INR 6,348 M 3% Ne

INR 6,348

Y23 INR 124M 104% YoY IMPROVING PROFITABILITY NEW CONTRACT WINS As of June 30, 2022 Net Worth : INR 6,348 M 3% Net Cash & Equivalents: INR 4,171 M 2% Q1FY23 Subscription Revenue 77% Recurring Revenue 99%

3%

104% YoY IMPROVING PROFITABILITY NEW CONTRACT WINS As of June 30, 2022 Net Worth : INR 6,348 M 3% Net Cash & Equivalents: INR 4,171 M 2% Q1FY23 Subscription Revenue 77% Recurring Revenue 99% IMPR

INR 4,171

ABILITY NEW CONTRACT WINS As of June 30, 2022 Net Worth : INR 6,348 M 3% Net Cash & Equivalents: INR 4,171 M 2% Q1FY23 Subscription Revenue 77% Recurring Revenue 99% IMPROVING MARGINS STRONG BALANCESHEE

2%

CONTRACT WINS As of June 30, 2022 Net Worth : INR 6,348 M 3% Net Cash & Equivalents: INR 4,171 M 2% Q1FY23 Subscription Revenue 77% Recurring Revenue 99% IMPROVING MARGINS STRONG BALANCESHEET Q

77%

2022 Net Worth : INR 6,348 M 3% Net Cash & Equivalents: INR 4,171 M 2% Q1FY23 Subscription Revenue 77% Recurring Revenue 99% IMPROVING MARGINS STRONG BALANCESHEET Q1FY23 Gross Revenue Retention 90%

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Revenues

(%) 80.2% 76.2% 79.5% 76.0% 75.0% Gross Margins 99% 99% 99% 1,193 497 401 295 FY2019 FY2020 FY2021 FY2022 Q1FY2023 FY2019 FY2020 FY2021 FY2022 Q1FY2023 Adjusted EBITDA Margins 1 Adjusted EBITDA (INRmn) 373.0 317.7 236.7 376.8 123.6 (%) 14.3% Higher profitability despite Impact of COVID-19 Cash Generated from Operating activities (INR mn) 362 Positive cash from operations despite slowdown 8.0% 9.4% 10.3% 10.4% 191 206 168 48 FY2019 FY2020 FY2021 FY2022 Q1FY2023 FY2019 FY2020 FY2021 FY2022 Q1FY2023 •Source: Company Information. Notes: 1. Adj. EBITDA is calculated as the sum of profit, tax expenses, depreciation and amortisation expense, finance costs, stock option expenses, impairment of goodwill and foreign exchange fluctuations. Diversified and Recurring Revenue Streams • • Diversified revenues across offerings, geographies and customers High recurring revenues with subscription business forming a large part of customer engagement Revenue by Engagement1 Revenue by Travel Type1 Revenue

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ESOPs FX expenses Adj. EBIDTA Adj. EBIDTA % Depreciation Amortization of Acquisition cost Finance Costs Exceptional expenses Other Income Profit/(Loss) Before Tax Tax Profit/(Loss) After Tax PAT % Add: Amortization of Acquisition cost Adj. Profit/(Loss) After Tax Adj. PAT % Q1 FY23 1,193.0 Q1 FY22 749.4 575.7 498.0 119.3 10.0% 468.9 261.1 19.4 2.6% YoY 59.2% 22.8% 90.8% 511.9% Q4FY22 1,078.8 476.9 448.2 153.7 14.2% 4.4 41.3 -89.4% -27.4 123.7 10.4% 17.7 64.4 4.3 0.0 77.5 110.4 26.2 84.2 7.1% 64.4 148.6 12.5% 60.7 8.1% 14.8 54.3 13.0 0.0 57.1 -5.6 8.3 -13.9 -1.8% 54.3 40.4 5.4% 103.5% 19.4% 18.5% -66.8% 35.7% 216.1% 18.5% 266.7% 126.3 11.7% 20.1 61.7 9.1 0.4 61.1 123.5 7.4 116.1 10.8% 61.7 177.8 16.5% QoQ 10.6% 20.7% 11.1% -22.4% -2.0% -11.9% 4.4% -52.5% 26.8% -11% 253.6% -27.5% 4.4% -16.4% FY22 3,665.9 FY21 2,507.9 1,913.7 1,446.6 305.6 8.3% 71.3 376.9 10.3% 66.9 233.8 52.3 9.4 165.2 108.4 24.2 84.2 2.3% 233.7 317.9 8.7% 1,512.6 933.7 61.6 2.5% 113.0 62.2 236.8 9.4% 127.9 230.9 82.0 0.