Xtglobal Infotech Limited has informed the Exchange about Investor Presentation
Date: 14/02/2025
To The Listing Department Bombay Stock Exchange Limited Dalal Street Mumbai - 400001
Scrip Code -531225
To The Listing Department National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex Bandra E , Mumbai - 400051
Scrip Symbol: XTGLOBAL
Subject: Investors' Presentation on the Financial Results for the Quarter and Nine months ended 31st December, 2024 in pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Dear Sir/Ma'am,
Pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, please find attached copy of Investors' Presentation on the Financial Results for the quarter and Nine months ended 31st December, 2024. The same is also available on the Website of the Company www.xtglobal.com.
This is for your information and records please.
Thanking you.
Yours faithfully, For XTGlobal Infotech Limited
Sridhar Pentela Company Secretary and Compliance Officer ACS 55735
Company.secretary@xtglobal.com
PENTELA SRIDHARDigitally signed by PENTELA SRIDHAR Date: 2025.02.14 19:17:28 +05'30' XT Global Infotech Limited
Earnings Presentation Q3 & 9M FY25
BSE: 531225 NSE: XTGLOBAL
Safe Harbor
solely for information purposes without any regard This presentation has been prepared by XTGlobal Infotech Limited to any specific objectives, financial situation, or informational need of any particular person. This presentation may not be copied, distributed, or disseminated, directly or indirectly, in any manner. Failure to comply with this directive may result in a violation of the applicable laws in certain jurisdictions. By reviewing this presentation, you agree to be bound by the restrictions contained herein and to maintain absolute confidentiality, regarding the information disclosed in these materials.
This presentation does not constitute or form part of and should not be construed as, directly or indirectly, any offer or invitation, or inducement to sell or issue, or any solicitation of any offer to purchase or subscribe for, any securities of the Company by any person in any jurisdiction, including in India, nor shall it or any part of it or the fact of its distribution form the basis of, or be relied on in connection with, any investment decision or any contract or commitment, therefore.
This presentation contains statements that constitute forward-looking statements. These statements include descriptions regarding the intent, belief, or current expectations of the Company or its directors and officers concerning the results of operations and the company's financial condition. These statements can be recognized by the use of words such as ''expects", "plans", 'will", "estimates", "projects", or other words of similar meaning. Such forward-looking statements are not guarantees of future performance and involve risks and uncertainties and actual results may differ materially from those in such forward-looking statements as a result of various factors and assumptions that the Company believes to be reasonable in light of its operating experience in recent years. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties, regarding fluctuations in earnings, our ability to manage growth, and competition, our ability to manage our international operations, government policies, regulations, etc. The Company does not undertake any obligation to revise or update any forward-looking statement that may be made from time to time by or on behalf of the Company to reflect actual results, assumptions, or changes in factors affecting these statements. Given these risks, uncertainties, and other factors, viewers of this presentation are cautioned not to place undue reliance on these forward-looking statements. This presentation may contain certain currency exchange rates and the same has been provided only for the convenience of readers.
Q3 & 9M FY25
www.xtglobal.com
2
Presentation Content
1. Financial Performance
2. Growth Drivers
3. Management Team
4. Historical Financials
5. Annexure
Q3 & 9M FY25
www.xtglobal.com
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1. Financial Performance
» Q3 & 9M FY25 Financial Performance » Key Highlights
Earnings Presentation Q3 & 9M FY25
BSE: 531225 NSE: XTGLOBAL
XTGlobal Infotech has demonstrated resilience and operational excellence, ensuring steady growth with Q3 FY25 revenue stood at 4,905 lakhs, with EBITDA surging 45.6% QoQ to 789 lakhs. EBITDA margins improved by 496 bps to 16.1%, while EBIT grew 41.6% QoQ to 626 lakhs, with margins rising to 12.8%. PAT increased 35.5% QoQ to 368 lakhs, due to strategic cost management. For 9M FY25, revenue stood at 14,709 1432 lakhs with lakhs, with EBITDA at disciplined driving EBITDA and EBIT margin improvements. PAT reached 855 lakhs, with a 5.8% margin.
1809 lakhs and EBIT at
cost management
Looking ahead, we remain committed to revenue growth, service enhancement, acquisition and leveraging technology. With IT services evolving through digital transformation, cloud adoption, and AI, demand remains strong despite macroeconomic uncertainties. By strengthening capabilities in cloud services, data analytics, and enterprise solutions, we aim to enhance our market position. Investing in talent and technology will help us navigate industry shifts and capture growth opportunities. We appreciate our employees, stakeholders, and investors for their support and remain confident in delivering long-term value.
Mr. Ramarao Mullapudi CEO, President & Director
Q3 & 9M FY25
www.xtglobal.com
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Q3 FY25 Financial Performance - Consolidated
Revenue
5,558
EBITDA & Margins
EBIT & Margins
PAT & Margins
4,874
4,905
789
679
542
599
626
442
459
12.2%
11.1%
16.1%
10.8%
9.1%
12.8%
367
271
8.3%
5.6%
7.5%
Q3FY24
Q2FY25
Q3FY25
Q3FY24
Q2FY25
Q3FY25
Q3FY24
Q2FY25
Q3FY25
Q3FY24
Q2FY25
Q3FY25
QoQ
YoY
QoQ
YoY
QoQ
YoY
QoQ
YoY
0.6%
(11.8%)
45.6%
16.2%
41.6%
4.5%
35.5%
(20.0%)
Q3 & 9M FY25
www.xtglobal.com
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9M FY25 Financial Performance - Consolidated
Revenue
16,672
14,709
EBITDA & Margins
EBIT & Margins
PAT & Margins
1,992
1,809
1,523
1,434
9MFY24
9MFY25
9MFY24
9MFY25
9MFY24
9MFY25
11.9%
12.3%
9.1%
9.7%
1,078
855
6.5%
9MFY24
5.8%
9MFY25
YoY
YoY
YoY
YoY
(11.8%)
(9.2%)
35 bps
(5.9%)
61 bps
(20.7%)
(65 bps)
Q3 & 9M FY25
www.xtglobal.com
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Consolidated Financial Key Highlights
Revenue:
Q3FY25 revenue stood at 4,905 lakhs, a slight 0.6% increase QoQ but an 11.8% decline YoY.
For 9MFY25, revenue dropped 11.8% YoY to 14,709 lakhs.
EBITDA:
Q3FY25 EBITDA grew 45.6% QoQ & 16.2% YoY to 789 lakhs, with margins showing an increase of 496 bps QoQ & 387 bps YoY.
For 9M FY25, EBITDA declined 9.2% YoY to 1,809 lakhs, though margins improved slightly to 12.3%.
EBIT:
Q3FY25 EBIT reached to 626 lakhs reflecting a growth of 41.62% QoQ and 4.5% YoY, with margins improving to 12.8%, an increase of 369 bps QoQ & 199 bps QoQ.
For 9M FY25, EBIT was 1,192 lakhs, though margins at 9.7%.
PAT:
Q3FY25 PAT stood at 368 lakhs with an improvement of 35.5% QoQ. PAT margins for the quarter expanded 193 bps on a QoQ basis.
For 9MFY25, PAT scaled to 855 lakhs, with margins dropping 65 bps YoY to 5.8%.
Q3 & 9M FY25
www.xtglobal.com
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Quarterly Key Clients Update
Client addition in Accounting Outsourcing:
IT Services
Additional business from the existing clients
Q3 & 9M FY25
www.xtglobal.com
9
Q3 FY25 Financial Performance - Standalone
Revenue
EBITDA & Margins
EBIT & Margins
PAT & Margins
1,802
1,850
1,736
364
20.2%
296
261
357
293
215
16.0%
15.0%
19.8%
15.8%
12.4%
238
13.2%
169
9.1%
116
6.7%
Q3FY24
Q2FY25
Q3FY25
Q3FY24
Q2FY25
Q3FY25
Q3FY24
Q2FY25
Q3FY25
Q3FY24
Q2FY25
Q3FY25
Q3 & 9M FY25
www.xtglobal.com
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9M FY25 Financial Performance - Standalone
Revenue
EBITDA & Margins
EBIT & Margins
PAT & Margins
5,195
5,428
1,021
852
950
807
602
484
19.7%
15.7%
18.3%
14.9%
11.6%
8.9%
9MFY24
9MFY25
9MFY24
9MFY25
9MFY24
9MFY25
9MFY24
9MFY25
Q3 & 9M FY25
www.xtglobal.com
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2. Growth Drivers
» Growth Drivers
Earnings Presentation Q3 & 9M FY25
BSE: 531225 NSE: XTGLOBAL
Market Opportunities
1
2
3
4
5
global Accounts The automation Payable market is witnessing strong adoption, driven enterprises by prioritizing cost reduction, operational efficiency, and digital transformation.
Circulus AP platform automation invoice streamlines processing, improves financial accuracy, and compliance, enhances ideal making solution for businesses seeking digital finance transformation.
an
it
IT services The global market is seeing strong growth Cloud, in Automation, and Data Analytics.
expertise in Oracle, Microsoft, and Mendix platforms makes us a preferred partner for enterprises cloud-native adopting and - driven solutions.
Automation
With the increasing focus on automation, intelligent workflows, and Automation-driven process efficiencies
RPA
and Process Business Outsourcing (BPO) capabilities position us for significant market penetration.
The Indian IT services sector is projected to grow at 2% YoY in FY 2025, with a focus on infrastructure management, computing, Automation-based .
Enterprises are cost prioritizing optimization, leading to increased outsourcing of IT
cloud and
.
One of the major focus areas of XTGlobal is Cloud & Automation Solutions and Outsourcing Operations, Considering the above a trend we expect in positive movement business models revenues.
With limiting
restrictions U.S. ability to hire skilled accountants, many are shifting HR, finance & functions accounting offshore to India.
is
rapidly growing Finance & Accounts Outsourcing division well- positioned to leverage this demand, offering consulting expert global to services clients, especially in the U.S. division benefits from a strong leadership talent pool, expertise, and expanding client base, making a XTGlobal preferred partner for finance and accounting solutions.
The
Q3 & 9M FY25
www.xtglobal.com
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Growth Strategy & Vision
and
Services,
Insurance),
Strengthening Client Partnerships & Expanding Market Reach Targeting high-growth sectors such as BFSI (Banking, Healthcare, Financial Manufacturing, Real Estate, Hospitality and Retail for customized digital solutions. Enhancing Automation-powered digital solutions across ERP, Cloud, and Automation domains. Strengthening RPA & Intelligent Automation offerings to streamline business workflows and reduce operational costs. Scaling Digital & Cloud Capabilities by Expanding partnerships with Oracle and Microsoft, capitalizing on the multi-cloud and hybrid IT trend. Talent & Operational Excellence by Enhancing delivery excellence through an agile and client-centric model.
Financial Strength & Growth Outlook
revenue
Steady growth in export orders through long-term contracts with global clients. Expanding in Accounting Outsourcing, Automation and Cloud Services to capture high- margin opportunities. Strengthening marketing through digital sales, and strategic tie-ups.
strategies inside
campaigns,
streams
contracts,
Proven IT expertise with a strong focus on Digital Transformation, and Automation. Robust long-term client ensuring revenue stability and scalability. Expanding domains such as Cloud and Automation, Future-ready strategies global growth.
aligned with IT trends, ensuring sustainable
high-growth
presence
in
Strong Player
Strategic Vision
Q3 & 9M FY25
www.xtglobal.com
14
3. Management Team
» KMP & Corporate Team » Awards & Recognition
Earnings Presentation Q3 & 9M FY25
BSE: 531225 NSE: XTGLOBAL
Key Managerial Personnel & Corporate Head
RAGHURAM KUSULURI
Chief Financial Officer
SRIDHAR PENTELA
Company Secretary &
Compliance Officer
ALMA JOHN
Executive VP - Consulting
Services
GANGADHAR SHARYALA
DIANE GASPARRO
VP Microsoft Solutions
VP Sales
RAVINDRA DUNNA
MARK COURSON
BHARAT RAMPALLY
Director & GM - IT & BPO
VP Client Solutions
VP Technology Practices
GANESH DURAIRAJ
VIJAYRAM DUNNA
VP Intelligent
Automation
Deputy GM - Product
Development
Q3 & 9M FY25
www.xtglobal.com
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Awards & Recognition
Certifications
Tech Partnerships
Recognition
Q3 & 9M FY25
www.xtglobal.com
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4. Historical Financials
» Historical Financials Overview
Earnings Presentation Q3 & 9M FY25
BSE: 531225 NSE: XTGLOBAL
Historical Financials - Consolidated
Revenue
EBITDA
EBIT
PAT
24,197
21,674
21,713
19,529
18,094
2,844
2,446
2,387
2,341
2,394
2,150
1,810
2,017
2,022
1,318
1,246
1,167
563
505
389
FY20
FY21
FY22
FY23
FY24
FY20
FY21
FY22
FY23
FY24
FY20
FY21
FY22
FY23
FY24
FY20
FY21
FY22
FY23
FY24
CAGR
CAGR
CAGR
CAGR
+2.7%
+43.5%
+37.6%
+31.6%
Q3 & 9M FY25
www.xtglobal.com
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Historical Financials - Standalone
Revenue
EBITDA
EBIT
PAT
7,078
6,617
5,105
1,509
1,340
1,298
1,463
1,236
1,045
701
745
794
1,006
523
267
121
281
161
315
231
FY20
FY21
FY22
FY23
FY24
FY20
FY21
FY22
FY23
FY24
FY20
FY21
FY22
FY23
FY24
FY20
FY21
FY22
FY23
FY24
CAGR
CAGR
CAGR
CAGR
+91.8%
+80.9%
+66.3%
+36.2%
Q3 & 9M FY25
www.xtglobal.com
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5. Annexure
» Profit & Loss Statement
Earnings Presentation Q3 & 9M FY25
BSE: 531225 NSE: XTGLOBAL
Profit & Loss Statement - Consolidated
Particular
Q3 FY25
Q2 FY25
Revenue
4,904.7
4,873.7
Employee costs
2,959.8
3,154.4
Cost of technical subcontractors
823.8
Other expenses
332.5
799.0
378.5
Quarterly
QoQ
0.6%
Q3 FY24
YoY
9M FY25
9M FY24
YoY
Nine Months
Yearly
FY24
5,557.9
(11.8%)
14,709.0
16,671.7
(11.8%)
21,713.4
3,353.7
1,092.4
433.0
9,519.3
10,107.4
2,355.8
3,430.8
1,025.0
1,141.5
13,572.0
4,297.7
1,456.8
EBITDA
788.6
541.8
45.6%
678.8
16.2%
1,808.9
1,992.0
(9.2%)
2,386.9
EBITDA Margins
16.1%
11.1%
496 bps
12.2%
387 bps
12.3%
11.9%
35 bps
11.0%
Other Income
Total profit of associates
Depreciation
EBIT
EBIT Margins
Finance costs
PBT
Tax
PAT
34.3
2.6
87.0
11.5
199.6
198.3
76.9
46.9
203.9
205.9
146.5
11.2
92.2
593.6
708.2
238.3
88.5
903.4
625.8
442.0
41.6%
598.6
4.5%
1,432.4
1,522.5
(5.9%)
1,810.3
12.8%
77.7
9.1%
83.9
369 bps
10.8%
199 bps
60.7
9.7%
240.2
9.1%
197.8
61 bps
8.3%
271.2
548.2
358.1
53.1%
538.0
1.9%
1,192.2
1,324.7
(10.0%)
1,539.1
180.7
86.9
78.9
336.9
246.6
371.7
367.5
271.2
35.5%
459.1
(20.0%)
855.4
1,078.1
(20.7%)
1,167.4
PAT Margins
7.5%
5.6%
193 bps
8.3%
(77 bps)
5.8%
11.6%
(65 bps)
5.4%
Q3 & 9M FY25
www.xtglobal.com
22
Profit & Loss Statement - Standalone
Particular
Quarterly
Nine Months
Q3 FY25
Q2 FY25
QoQ
Q3 FY24
YoY
9M FY25
9M FY24
YoY
Yearly
FY24
Revenue
1,736.1
1,849.8
(6.1%)
1,802.3
(3.7%)
5,428.0
5,195.3
4.5%
7,078.2
Employee costs
1,244.2
1,324.1
Cost of technical subcontractors
86.0
Other expenses
145.0
112.0
117.9
1,133.0
160.9
144.1
3,897.6
3,276.7
294.6
383.6
501.8
395.5
4,597.5
632.8
550.1
EBITDA
EBITDA Margins
Other Income
Depreciation
EBIT
EBIT Margins
Finance costs
PBT
Tax
PAT
260.9
295.8
(11.8%)
364.3
(28.4%)
852.2
1,021.3
(16.6%)
1,297.8
15.0
34.3
79.9
16.0%
(96 bps)
20.2%
(518 bps)
15.7%
19.7%
(396 bps)
18.3%
79.3
82.1
76.8
84.1
198.7
244.2
154.2
225.8
245.9
308.0
215.3
292.9
(26.5%)
357.0
(39.7%)
806.7
949.6
(15.1%)
1,235.8
12.4%
13.7%
(343 bps)
19.8%
(741 bps)
14.9%
18.3%
(342 bps)
17.5%
36.9
39.9
46.0
113.1
147.6
189.6
178.4
253.0
(29.5%)
311.0
(42.6%)
693.6
801.9
(13.5%)
1,046
62.8
83.8
72.7
209.7
199.8
252.5
115.6
169.2
(31.7%)
238.4
(51.5%)
483.9
602.1
(19.6%)
793.7
PAT Margins
6.7%
9.1%
(249 bps)
13.2%
(657 bps)
8.9%
11.6%
(268 bps)
11.2%
Q3 & 9M FY25
www.xtglobal.com
23
THANK YOU
XTGlobal Infotech Limited: Mr. Sridhar Pentela Company Secretary & Compliance Officer T: 040 6635 3456 E: company.secretary@xtglobal.com W: www.xtglobal.com
Investor Relations Advisor: Mr. Ritesh Shashiprakash Singh IR Consultant, Rik Capital M: +91 83293 85762 E: ritesh.singh@rikcapital.in W: www.rikcapital.in