InfoBeans Technologies Limited — Investor Presentation 2021

Oct 29, 2021

==> picture [581 x 92] intentionally omitted <==

To,

Date: 29[th] October, 2021

National Stock Exchange of India Limited Listing Department Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051

Subject : Investor Presentation Reference : SM – INFOBEAN

Dear Sir/Madam,

With reference to above stated subject please find enclosed herewith InfoBeans Technologies Limited Investor Presentation on Audited Financial Results for the Quarter ended and half year ended on 30[th] Sep, 2021.

This is for your information and records.

For InfoBeans Technologies Limited

==> picture [76 x 76] intentionally omitted <==

Surbhi Jain

Company Secretary and Compliance Officer

==> picture [594 x 64] intentionally omitted <==

==> picture [308 x 98] intentionally omitted <==

Investor Call - October 2021

PRIVATE AND CONFIDENTIAL | BY CHRISTENSEN

About InfoBeans

InfoBeans is a Digital Transformation and Product Engineering organization. InfoBeans creates innovative software solutions to solve complex business problems.

Global Presence

==> picture [580 x 117] intentionally omitted <==

----- Start of picture text -----

USA Europe Middle East India
Silicon Valley, Frankfurt, Dubai Indore, Pune
Atlanta, New York Czech Republic Chennai
----- End of picture text -----

==> picture [70 x 23] intentionally omitted <==

2

PRIVATE AND CONFIDENTIAL | BY CHRISTENSEN

About InfoBeans InfoBeans - At a glance

==> picture [908 x 299] intentionally omitted <==

----- Start of picture text -----

2000 21 110+ 1000+ 16
Foundation Years Active Clients Team Members Fortune 500
Overview of the company in business WOWed to date smiling clients
196.3 Cr 36.8 Cr ₹107.1cr 43%
Revenue PAT Cash Reserve Revenue CAGR
Financials as on FY21 as on FY21 as on FY21 Since Inception
----- End of picture text -----

==> picture [41 x 40] intentionally omitted <==

Partnerships & Awards

==> picture [70 x 23] intentionally omitted <==

==> picture [673 x 142] intentionally omitted <==

==> picture [75 x 46] intentionally omitted <==

3

PRIVATE AND CONFIDENTIAL | BY CHRISTENSEN

About InfoBeans

Transformation over the years

==> picture [748 x 327] intentionally omitted <==

==> picture [70 x 23] intentionally omitted <==

4

PRIVATE AND CONFIDENTIAL | BY CHRISTENSEN

About InfoBeans

Few Esteemed Clientele

172 year old brand, Legal content publisher in all states of US	Only Company in world offering tech solutions for life sciences healthcare compliance	Full range of SaaS based integrated Human Resources solutions
FCL Tech Inc. a Facebook subsidiary that develops aerospace & communication technologies	Solutions for content creation, publishing & management	World’s leading mobile advertising technology company
Fortune 500, cloud data services and data storage company Under NDA	Fortune 200 company, World’s largest logistics company, engaged worldwide Under NDA	Indian multinational ridesharing company

==> picture [70 x 23] intentionally omitted <==

5

PRIVATE AND CONFIDENTIAL | BY CHRISTENSEN

Management Team

Board of Directors

Mr. Siddharth Sethi

Co-founder & CEO

Mr. Santosh Muchhal

Independent Director

Mr. Mitesh Bohra

Co-founder & President

Mr. Sumer Bahadur Singh

Independent Director

Mr. Avinash Sethi

Co-founder & CFO

Mrs. Shilpa Sahoo

Independent Director

==> picture [70 x 23] intentionally omitted <==

6

PRIVATE AND CONFIDENTIAL | BY CHRISTENSEN

Management Team Highly Experienced Core Team

==> picture [111 x 100] intentionally omitted <==

==> picture [111 x 100] intentionally omitted <==

==> picture [111 x 99] intentionally omitted <==

==> picture [817 x 255] intentionally omitted <==

----- Start of picture text -----

Amit Makhija Arpit Jain Tarulata Champawat
VP Digital Transformation VP Design Sr. Director Sales &
Marketing
◥ 22 years in Software & ◥ 15 years in Software ◥
21 years of Experience
Management Engineering
in Engineering & Sales
◥ 14 years with InfoBeans ◥ 15 years with InfoBeans ◥
16 years with InfoBeans
Rajagopalan Kannan Manish Malpani Skot Carruth
VP Product Engineering Sr. Director IT CEO, Philosophie
◥ ◥ ◥
21 years in Software 17 years in project 15 Years of Experience
Engineering management in Design
◥ ◥ ◥
18 years with InfoBeans 12 years with InfoBeans 2 years with InfoBeans
----- End of picture text -----

==> picture [472 x 112] intentionally omitted <==

----- Start of picture text -----

Kanupriya Manchanda Ram Lakshmi
VP People VP Client Success (USA)
◥ 17 years in Team
◥
Development 26 years of selling Software
◥ ◥
13 years with InfoBeans 11 years with InfoBeans
----- End of picture text -----

==> picture [110 x 109] intentionally omitted <==

• Emerson Taymor MD, Philosophie ◥ 12 years of Experience in Design and Sales

• ◥ 2 years with InfoBeans

==> picture [70 x 23] intentionally omitted <==

7

PRIVATE AND CONFIDENTIAL | BY CHRISTENSEN

Financial Highlights

Key Performance Indicators

(₹ Crore)

REVENUE

EBITDA & MARGINS (%)

PAT & MARGINS (%)

==> picture [276 x 173] intentionally omitted <==

==> picture [276 x 173] intentionally omitted <==

==> picture [276 x 173] intentionally omitted <==

ROE & ROCE

NET WORTH DIVIDEND PAYOUT

==> picture [288 x 187] intentionally omitted <==

==> picture [288 x 181] intentionally omitted <==

8

PRIVATE AND CONFIDENTIAL | BY CHRISTENSEN

Financial Highlights

Financial Performance – Q2 FY22

Operating Revenue EBITDA & Margin (%) 8.9% QoQ 4% QoQ 36.08% YoY 96.3% YoY PBT & Margin (%) PAT & Margin (%) 4% QoQ 10% QoQ 211% YoY 147% YoY

==> picture [70 x 23] intentionally omitted <==

9

PRIVATE AND CONFIDENTIAL | BY CHRISTENSEN

Financial Highlights

Highlights for H1 FY22

YoY Sep 2021 Vs Sep 2020

29%

44%

81%

Revenue 120.1 EBITDA 32.4 PAT 22.3

==> picture [46 x 41] intentionally omitted <==

==> picture [41 x 38] intentionally omitted <==

==> picture [42 x 37] intentionally omitted <==

(figures in INR Crores)

==> picture [70 x 23] intentionally omitted <==

10

PRIVATE AND CONFIDENTIAL | BY CHRISTENSEN

Financial Highlights

Highlights for Q2 FY22

YoY Sep 2021 Vs Sep 2020

53.2%

96.3%

147%

Revenue 64.9

EBITDA 16.5 PAT 11.7

==> picture [46 x 41] intentionally omitted <==

==> picture [41 x 38] intentionally omitted <==

==> picture [42 x 37] intentionally omitted <==

(figures in INR Crores)

==> picture [70 x 23] intentionally omitted <==

* QoQ Revenue growth in USD terms is 8.45%

11

PRIVATE AND CONFIDENTIAL | BY CHRISTENSEN

Financial Highlights Audited Consolidated Profit and Loss as on 30th Sept, 2021

(in₹crore)	Quarter Ended	Quarter Ended	Quarter Ended	Year Ended
	Sep2021	Jun 2021	Sep 2020	Mar 2021
Revenue from operations	57	52	41	186
Other income	8	3	1	16
Total Revenue	65	55	42	196
Total Expenditure	53	45	38	159
EBITDA	17	16	8	54
EBITDA Margin	25.4%	28.9%	19.8%	27.7%
PAT	12	11	5	37
PAT Margin	18.0%	19.2%	11.2%	18.7%

==> picture [70 x 23] intentionally omitted <==

12

PRIVATE AND CONFIDENTIAL | BY CHRISTENSEN

Financial Highlights Balance Sheet as on 30th Sept, 2021

Particulars (in₹crore)	As at September 2021	As at June 2021
Assets
Non-Current Assets	158	154
Current Assets	95	100
Total Assets	253	254
Equities & Liabilities
Equity & Other Equity	198	194
Non-Current Liabilities	40	41
Current Liabilities	15	19
Total Equity & Liabilities	253	254

==> picture [70 x 23] intentionally omitted <==

13

PRIVATE AND CONFIDENTIAL | BY CHRISTENSEN

Growth Strategy

==> picture [53 x 144] intentionally omitted <==

==> picture [53 x 156] intentionally omitted <==

Organic growth through a well built and trained sales and delivery team

Focus on getting strong balance sheet clients who have long term needs of digital transformation and AI/ML services

Inorganic growth through acquisition to enhance capabilities and/or capacities

Create state of the art infrastructure to complement high performance teams

==> picture [54 x 150] intentionally omitted <==

==> picture [54 x 156] intentionally omitted <==

Invest in building a very strong engineering team to deliver the best solutions

Invest in building scale ready internal business processes and systems to support growing operations

Build strong R&D capabilities to provide future ready solutions to customers

Deep investment in continuous training of the teams to be future ready

==> picture [70 x 23] intentionally omitted <==

14

PRIVATE AND CONFIDENTIAL | BY CHRISTENSEN

Investment Rationale

==> picture [332 x 295] intentionally omitted <==

• Revenue grew by about 2x in 3 years between FY17 to FY18 to FY 21. Management has a vision of doubling every 2 years, through organic and inorganic means

▪ Provides cloud-based enterprise solutions on Salesforce, Servicenow, enterprise application development technologies, UX and RPA

• Strong CAGR over 5 years

==> picture [433 x 77] intentionally omitted <==

TOTAL INCOME EBITDA PAT NET WORTH

• Debt free balance sheet with cash & cash equivalents of ₹ 151 crore

• $15mm order pipeline is visible with fair confidence for remaining FY22

• Philosophie, a US design consultancy firm acquired in 2019 brings tremendous opportunities in design and engineering

• Highly committed and focused founding team with about 75% stake in the company

==> picture [70 x 23] intentionally omitted <==

15

PRIVATE AND CONFIDENTIAL | BY CHRISTENSEN

Business Updates

Business updates as on 30th Sept, 2021

• ➔ Due diligence is complete and we are ready to sign the definitive agreements with the shareholders of Eternus Solutions Private Limited to acquire 100% equity

• ➔ The agreed cost is INR 130 Crores

• ➔ We offer additional INR 20 Crores as incentive to the founders, in case they over achieve their projections in fiscal year ending in 2023, 2024 and 2025

• ➔ This fiscal year, projected revenue is INR 60 Crores

• ➔ The founders projected to grow at 32% in revenue and profits each year

• ** Updates from Q1FY22 similarly can be added in Q2

==> picture [70 x 23] intentionally omitted <==

16

PRIVATE AND CONFIDENTIAL | BY CHRISTENSEN

Market Data

==> picture [855 x 210] intentionally omitted <==

----- Start of picture text -----

Price Data (30th September 2021) ₹
Face Value 10
Equity Shares Outstanding (Lakhs) 241.12
Trailing 12 Months EPS
19.45
(as on 30th September 2021)
Market Price 379
Market Cap (₹ Crores) 913.88
(as on 30th September 2021)
Trailing PE 21.73
----- End of picture text -----

CA Krunal Sanghvi Asha Gupta / Pratik Jagtap Sr. Manager Finance Christensen Advisory, India Email: investor.relations@infobeans.com E-mail: agupta@christensenir.com / pjagtap@christensenir.com

==> picture [70 x 23] intentionally omitted <==

17

PRIVATE AND CONFIDENTIAL | BY CHRISTENSEN

Disclaimer

No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events not current after the date of this presentation. Certain statements made in this presentation may not be based on historical information or facts and may be "forward looking statements" based on the currently held beliefs and assumptions of the management InfoBeans Technologies Limited (“Company” or “INFOBEAN” or “InfoBeans Technologies Limited”), which are expressed in good faith and in their opinion reasonable, including those relating to the Company’s general business plans and strategy, its future financial condition and growth prospects and future developments in its industry and its competitive and regulatory environment. This presentation is confidential and may not be copied or disseminated, in whole or in part, and in any manner. Note: All numbers have been rounded to the nearest digit for convenience of representation

==> picture [70 x 23] intentionally omitted <==

18

PRIVATE AND CONFIDENTIAL | BY CHRISTENSEN

Thank you

For Further Information, Contact,

CA Krunal Sanghvi Sr. Manager Finance Tel: +91-731-7162102 Email: investor.relations@infobeans.com

Asha Gupta / Pratik Jagtap Christensen Advisory, India E-mail: agupta@christensenir.com / pjagtap@christensenir.com

19