Alldigi Tech Limited

rs,

9th May 2023 Listing Department, BSE Ltd., Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai-400 001 Scrip Code: 532633 Dear Sir/Madam, Listing Department, National

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in certain currency exchange rates and the same have been provided only for the convenience of readers. 2 2 Contents Company Overview Q4 & FY23 Key Business Highlights Q4 & FY 23 Financial Performance u

₹ 18.6 crore

esia • Italian • Polish 6 6 DBS: Cutting edge Digital Business Services offerings 6 logos, ACV ~ ₹ 18.6 crore added in FY’23 | HC ~4200 Customer Experience Management • Omni-channel, Chatbots & RPA • Custom

8 %

ing provider of end-to-end HRO services FY’23 : 121 logos, ACV ~ 26.7 Cr | ~ 1.2 Mn payslips p.m. (8 % over Mar’22) | 4.4 lacs+ Active users on HRMS (33% over Mar’22) HR Services • On-boarding • Emplo

33%

1 logos, ACV ~ 26.7 Cr | ~ 1.2 Mn payslips p.m. (8 % over Mar’22) | 4.4 lacs+ Active users on HRMS (33% over Mar’22) HR Services • On-boarding • Employee Info Store • Postings • Exits Reimbursement S

₹ 90

Highlights 9 9 Highlights- Q4’23 Financial HRO DBS  Balance Sheet:  HRO:  DBS: Cash at ₹ 90 Cr, increased by ₹8.7 Cr in YoY & ₹ 1.8 Cr QoQ. 87K, 8% growth for FY’23 in FY23 o Net Payslips a

₹8.7

lights- Q4’23 Financial HRO DBS  Balance Sheet:  HRO:  DBS: Cash at ₹ 90 Cr, increased by ₹8.7 Cr in YoY & ₹ 1.8 Cr QoQ. 87K, 8% growth for FY’23 in FY23 o Net Payslips added : 35K, 3% growth

₹ 1.8

nancial HRO DBS  Balance Sheet:  HRO:  DBS: Cash at ₹ 90 Cr, increased by ₹8.7 Cr in YoY & ₹ 1.8 Cr QoQ. 87K, 8% growth for FY’23 in FY23 o Net Payslips added : 35K, 3% growth for Q4’23 & o Ad

8%

Balance Sheet:  HRO:  DBS: Cash at ₹ 90 Cr, increased by ₹8.7 Cr in YoY & ₹ 1.8 Cr QoQ. 87K, 8% growth for FY’23 in FY23 o Net Payslips added : 35K, 3% growth for Q4’23 & o Added 6 new logos

3%

d by ₹8.7 Cr in YoY & ₹ 1.8 Cr QoQ. 87K, 8% growth for FY’23 in FY23 o Net Payslips added : 35K, 3% growth for Q4’23 & o Added 6 new logos with ACV of ₹ 18.6 Cr FY’ 23 OCF ₹ 71 Cr vs FY’22 OCF of

₹ 18.6

FY’23 in FY23 o Net Payslips added : 35K, 3% growth for Q4’23 & o Added 6 new logos with ACV of ₹ 18.6 Cr FY’ 23 OCF ₹ 71 Cr vs FY’22 OCF of ₹ 64 Cr. o o o Highest collection for the quarter & the mo

₹ 71

Payslips added : 35K, 3% growth for Q4’23 & o Added 6 new logos with ACV of ₹ 18.6 Cr FY’ 23 OCF ₹ 71 Cr vs FY’22 OCF of ₹ 64 Cr. o o o Highest collection for the quarter & the month- ₹ 117.4 Cr for

Revenue

2

Cash Generation

2

Profitability amount

1

Profitability Amount

1

Revenue

 Up 26% YoY driven by DBS (28%), HRO (23%)  Up 8% QoQ- One timer -Tax vouching & S&E licenses renewal in HRO; DBS- New client acquisition

Profitability amount

 EBITDA – YoY – flat. Growth in Revenue offset by One timer (TNEB), higher C2R & increased Facilities & Convenance costs.  YoY PAT down 25 % - Manila tax reversal in last year.  Profitability % :  EBITDA % - Impacted by one-time exp -TNEB & S&E license renewal. Also, there is increase in employee cost- advanced hiring coupled with delayed migrations  PAT % : 6% EBITDA impact cascaded. Gap increased by 3% largely attributable to provision reversal of ₹ 1.98 Cr in Q4’22.

Cash Generation

 Mar’23- Highest ever collection-₹ 42 Cr.  Q4’23 lower OCF – Payment delayed by key customer over the quarter end & Tax vouching collection due after Form 16.  Mar dues collected in April- ₹ 44 Cr. (75% x tot dues)  DSO increased by one day to 52 days.  Net Cash ₹ 90 Cr. on 31st Mar’23 vs ₹ 88 Cr. on 31st Dec’22 . 15.0 10.0 5.0 0.0 85.4 88.2 94.2 100.1 108.0 Q4'22 Q1'22 Q2'23 Q3'23 Q4'23 PAT (in ₹ crore) & margin (%age) YoY QoQ -24.6% 82.8% 20.0 20.5% 15.5% 16.8% 7.2% 11.2% 25.0% 20.0% 15.0% 10.0% 5.0% 0.0% 17.5 13.6 15.9 7.2 12.1 23.0 22.0 21.0 20.0 19.0 140% 120% 100% 80% 60% 40% 20% 0% 40.0% 30.0% 20.0% 10.0% 0.0% 28% 23% 23% 21% 22% 23.6 20.2 21.6 21.0 23.7 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 OCF (in ₹ crore) & %age YoY QoQ -30.7% 30.0 -71.5% 127% 122% 74% 49% 11.5 24.7 16.0 28.0 34% 8.0 25.0 20.0 15.0 10.0 5.0 0.0 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 © Quess Corp Limited 2021. All rights reserved | © Allsec Technologies Limited. All rights reserved | 12 12 FY

Revenue

 Up 23% YoY driven by DBS (26%), HRO (18%)  Growth driven by addition of new logos and volume increase for existing clients.

Profitability Amount

 EBITDA up by 10% in YoY, revenue growth across DBS & HRO.  PAT amount is up by 37%- Increased EBITDA impact this year & higher Manila dividend tax in last year. Profitability %:  EBITDA % lower by 2.6 % because of increased C2R ratio for HRO business, subdued travel & facility cost last year (Covid impact) & impact of one-offs.  PAT % up primarily on account of higher Manila dividend tax in last year offsetting the decline in EBITDA %

Cash Generation

 Up 11% YoY due to lower Manila dividend tax & improved working capital.  DSO lower by 6 days YoY to 52 days  Net Cash ₹ 90 Cr. on 31st Mar’23 vs ₹ 81 Cr. on 31st Mar’22 . Revenue (in ₹ crore) EBITDA (in ₹ crore) & Margin (%age) YoY 23.1% 390.5 317.2 FY 21-22 FY 22-23 PAT (in ₹ crore) & margin (%age) 35.6 48.9 11.2% 12.5% FY 21-22 FY 22-23 40.0% 35.0% YoY 37% 30.0% 25.0% 20.0% 15.0% 10.0% 5.0% 0.0% 22.6% 25.3% 80.2 88.4 FY 21-22 FY 22-23 YoY 10.2% 40.0% 35.0% 30.0% 25.0% 20.0% 15.0% 10.0% 5.0% 0.0% 90.0 70.0 50.0 30.0 10.0 OCF (in ₹ crore) & %age 79.4% 63.7 80.4% 71.1 FY 21-22 FY 22-23 130.0% 110.0% 90.0% YoY 70.0% 50.0% 11.4% 30.0% 10.0% -10.0% © Allsec Technologies Limited. All rights reserved | 13 Business segment updates 14 14 Digital Business Services (DBS) – Performance Snapshot Revenue (in ₹ crore) YoY FY 23/22 up-by 26% (255/203) EBIT (in ₹ crore) & margin (%age) YoY FY 23/22 up-by 24% (31/25) Headcount break-up (Avg Nos) YoY QoQ 28.2% 3.2% 53.7 15.8 56.5 16.9 62.7 18.9 66.7