Rategain Travel Technologies Limited

47%

ive revenue RateGain posts Healthy Growth with Robust Margin Expansion Q 2 F Y 2 3 H 1 F Y 2 3 47% Operating Revenue Growth y-o-y 170% Adjusted EBIDTA Growth y-o-y 430% Adjusted PAT Growth y-o-

170%

rowth with Robust Margin Expansion Q 2 F Y 2 3 H 1 F Y 2 3 47% Operating Revenue Growth y-o-y 170% Adjusted EBIDTA Growth y-o-y 430% Adjusted PAT Growth y-o-y 53% Operating Revenue Growth y-o-y

430%

Q 2 F Y 2 3 H 1 F Y 2 3 47% Operating Revenue Growth y-o-y 170% Adjusted EBIDTA Growth y-o-y 430% Adjusted PAT Growth y-o-y 53% Operating Revenue Growth y-o-y 139% Adjusted EBIDTA Growth y-o-y

53%

perating Revenue Growth y-o-y 170% Adjusted EBIDTA Growth y-o-y 430% Adjusted PAT Growth y-o-y 53% Operating Revenue Growth y-o-y 139% Adjusted EBIDTA Growth y-o-y 345% Adjusted PAT Growth y-o

139%

Adjusted EBIDTA Growth y-o-y 430% Adjusted PAT Growth y-o-y 53% Operating Revenue Growth y-o-y 139% Adjusted EBIDTA Growth y-o-y 345% Adjusted PAT Growth y-o-y Healthy Demand with Stable Re

345%

Adjusted PAT Growth y-o-y 53% Operating Revenue Growth y-o-y 139% Adjusted EBIDTA Growth y-o-y 345% Adjusted PAT Growth y-o-y Healthy Demand with Stable Revenue Streams Driving Growth and Mar

INR 1,246.1

eams Driving Growth and Margins Operating Revenue Adj. EBIDTA (Margin) Adj. PAT (Margin) Q2FY23 INR 1,246.1 MN 47.0% growth y-o-y Q2FY23 INR 189.5 MN (15.2%) 169.6% growth y-o-y Q2FY23 INR 195.7MN (15.7%) 4

47.0%

owth and Margins Operating Revenue Adj. EBIDTA (Margin) Adj. PAT (Margin) Q2FY23 INR 1,246.1 MN 47.0% growth y-o-y Q2FY23 INR 189.5 MN (15.2%) 169.6% growth y-o-y Q2FY23 INR 195.7MN (15.7%) 430.4% gr

INR 189.5

Revenue Adj. EBIDTA (Margin) Adj. PAT (Margin) Q2FY23 INR 1,246.1 MN 47.0% growth y-o-y Q2FY23 INR 189.5 MN (15.2%) 169.6% growth y-o-y Q2FY23 INR 195.7MN (15.7%) 430.4% growth y-o-y H1FY23 INR 2,439.1 M

15.2%

EBIDTA (Margin) Adj. PAT (Margin) Q2FY23 INR 1,246.1 MN 47.0% growth y-o-y Q2FY23 INR 189.5 MN (15.2%) 169.6% growth y-o-y Q2FY23 INR 195.7MN (15.7%) 430.4% growth y-o-y H1FY23 INR 2,439.1 MN 52.7% g

169.6%

(Margin) Adj. PAT (Margin) Q2FY23 INR 1,246.1 MN 47.0% growth y-o-y Q2FY23 INR 189.5 MN (15.2%) 169.6% growth y-o-y Q2FY23 INR 195.7MN (15.7%) 430.4% growth y-o-y H1FY23 INR 2,439.1 MN 52.7% growth y-

INR 195.7

Q2FY23 INR 1,246.1 MN 47.0% growth y-o-y Q2FY23 INR 189.5 MN (15.2%) 169.6% growth y-o-y Q2FY23 INR 195.7MN (15.7%) 430.4% growth y-o-y H1FY23 INR 2,439.1 MN 52.7% growth y-o-y H1FY23 INR 313.2 MN (12.8%

Revenues

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Revenues

(%) 80.2% 76.2% 79.5% 76.0% 75.0% Gross Margins 2,439 959 854 626 98.3% 99.2% 99.0% FY2019 FY2020 FY2021 FY2022 H1FY2023 FY2019 FY2020 FY2021 FY2022 H1FY2023 Adjusted EBITDA Margins 1 Adjusted EBITDA (INR mn) 373.0 317.7 236.7 376.8 313.2 (%) 14.3% Higher profitability despite Impact of COVID-19 12.8% 8.0% 9.4% 10.3% Cash Generated from Operating activities (INR mn) 362.1 Positive cash from operations despite slowdown 191.4 206.0 168.1 242.2 FY2019 FY2020 FY2021 FY2022 H1FY2023 FY2019 FY2020 FY2021 FY2022 H1FY2023 •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 Tra

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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 % Q2 FY23 Q2 FY22 1,246.1 847.6 YoY 47.0% Q1 FY23 1,193.0 579.7 490.6 175.8 14.1% 460.2 347.6 39.8 4.7% 26.0% 41.1% 341.7% 575.7 498.0 119.3 10.0% QoQ 4.4% 0.7% -1.5% 47.5% H1 FY23 H1 FY22 1,597.0 2,439.1 YoY 52.7% 1,155.4 988.6 295.1 12.1% 929.1 608.7 59.2 3.7% 24.4% 62.4% 397.7% 13.7 30.5 -55.2% 4.4 213.5% 18.1 71.8 -74.9% 189.5 15.2% 17.6 66.1 3.8 - 68.3 156.6 27.0 129.6 10.4% 66.1 195.7 15.7% 70.3 8.3% 14.3 55.8 13.6 - 30.1 -13.8 5.2 -19.0 -2.2% 55.9 36.9 4.4% 169.6% 23.1% 18.4% -72.0% 126.6% 422.9% 18.4% 430.4% 123.7 10.4% 17.7 64.4 4.3 - 77.5 110.4 26.2 84.2 7.1% 64.4 148.6 12.5% 53.3% -0.4% 2.7% -11.9% -11.9% 41.9% 3.1% 53.9% 2.7% 31.8% 313.2 12.8% 35.3 130.5 8.1 - 145.8 267.0 53.2 213.8 8.8% 130.5 344.3 14.1%