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Ksolves India Limited — Investor Presentation 2024
Feb 2, 2024
59517_rns_2024-02-02_d3b8a565-3056-4589-b94a-2de1c37f6a27.pdf
Investor Presentation
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Date: February 02, 2024
Listing Compliance Listing Compliance National Stock Exchange of India Ltd. The Bombay Stock Exchange Limited, Exchange Plaza, Plot no. C/1, G Block, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Bandra (E) Dalal Street, Mumbai – 400051 Mumbai – 400 001.
Subject: Investor Presentation-February 2024.
Ref : Reg. 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
BSE Scrip Code: 543599; NSE Symbol; KSOLVES; ISIN: INE0D6I01015
Dear Sir/Madam
With reference to the above-captioned subject, please find herewith, enclosed the Investor Presentation by the Company. The aforesaid Investor Presentation is also being disseminated on Company's website at https://www.ksolves.com/
This is for your information and records.
For Ksolves India Limited
MANISHA Digitally signed by MANISHA KIDE KIDE Date: 2024.02.02 18:30:51 +05'30' Manisha Kide
Company Secretary & Compliance Officer
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KSOLVES INDIA LTD.
EMERGING AHEAD ALWAYS
DISCLAIMER
This document has been prepared for information purposes only and is not an offer or invitation or recommendation to buy or sell any securities of Ksolves India Ltd (“Ksolves”, "Company“), nor shall part, or all, of this document form the basis of, or be relied on in connection with, any contract or investment decision in relation to any securities of the Company. This document is strictly confidential and may not be copied, published, distributed or transmitted to any person, in whole or in part, by any medium or in any form for any purpose. The information in this document is being provided by the Company and is subject to change without notice. The Company relies on information obtained from sources believed to be reliable but does not guarantee its accuracy or completeness. This document contains statements about future events and expectations that are forward-looking statements. These statements typically contain words such as "expects" and "anticipates" and words of similar import. Any statement in this document that is not a statement of historical fact is a forward looking statement that involves known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. None of the future projections, expectations, estimates or prospects in this document should be taken as forecasts or promises nor should they be taken as implying any indication, assurance or guarantee that the assumptions on which such future projections, expectations, estimates or prospects have been prepared are correct or exhaustive or, in the case of the assumptions, fully stated in the document. The Company assumes no obligations to update the forward-looking statements contained herein to reflect actual results, changes in assumptions or changes in factors affecting these statements. You acknowledge that you will be solely responsible for your own assessment of the market and the market position of the Company and that you will conduct your own analysis and be solely responsible for forming your own view of the potential future performance of the business of the Company.
CMMI Level 3 ┃ NSE & BSE Listed ┃ Nasscom Member
www.ksolves.com
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1 2
COMPANY PROFILE
BUSINESS OVERVIEW
COMPANY OVERVIEW BUSINESS MODEL
KEY MANAGEMENT TECHNOLOGY VERTICALS
BOARD OF DIRECTORS SERVICES SUITE
TIMELINE PRODUCTS SUITE
WHY KSOLVES?
3 4
BUSINESS ANALYSIS FINANCIAL HIGHLIGHTS
INDUSTRIES SERVED
QUARTERLY PERFORMANCE
REVENUE BREAK-UP
ANNUAL PERFORMANCE
CASE STUDIES
AWARD & ACCREDITATIONS
KSOLVES AS INFLUENCER
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TABLE OF CONTENT
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CMMI Level 3 ┃ NSE & BSE Listed ┃ Nasscom Member
www.ksolves.com
COMPANY PROFILE
www.ksolves.com
CMMI Level 3 ┃ NSE & BSE Listed ┃ Nasscom Member
www.ksolves.com
COMPANY OVERVIEW
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A globally trusted technology
40% 12+
partner with strong capabilities &
proven track record in Information Top 5 Clients Contribution Years of Service
Technology services.
It also has market leading
proprietary products suit.
25+
100+
Countries Happy Clients
450+ 74%
Employees Repeat Business
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CMMI Level 3 ┃ NSE & BSE Listed ┃ Nasscom Member
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www.ksolves.com
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LEAD MANAGEMENT
Chairman & Managing Director
Ratan Srivastava holds a degree in Bachelor of Technology in Computer Science & Engineering. He looks after the company's core management. He has been instrumental in taking major policy decisions for the Company. He has 18+ years of experience in our industry and has worked with Tech Mahindra, Birlasoft (India) Limited, HSBC and Persistent Systems.
He plays a vital role in formulating business strategies and effective implementation of the same. He is responsible for the expansion and overall management of our company’s business. His leadership abilities have been instrumental in leading the core team of our Company.
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www.ksolves.com
KEY MANAGEMENT
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MANISH GURNANI DEEPALI VERMA UMANG SONI
Chief Technology Officer Whole-time Director & Chief Financial Officer
(CTO) Promoter (CFO)
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www.ksolves.com
BOARD OF DIRECTORS
VINEET KRISHNA VARUN SHARMA SUSHMA SAMARTH VARSHA CHOUDHRY Independent Director Independent Director Independent Director Independent Director He is a MBA from IIFT with 20+ MBA from IIT, Delhi and PhD. She is a MBA from ISB. She Chartered Accountant years of experience. Finance from London Business has 26+ years of experience 16+ years of experience in School. He has 17+ years of in Information Technology Taxation & Finance experience Enabled Services
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CMMI Level 3 ┃ NSE & BSE Listed ┃ Nasscom Member
www.ksolves.com
TIMELINE
Ksolves India Ltd. was formed. Maintained 80% Became a client retention rate. Nasscom Member Launched Odoo Received ISO 2016-17 Products and certification. became number one in Odoo App Store with Dashboard Ninja. 2014-15 Solid upward 2012 2020-21 revenue trajectory. 2018-19 A family of 250+ Kartik Solutions was achievers. born from a small office in New office space in Noida. Indirapuram by Ratan Srivastava. Crossed 50+ clients milestone.
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Listed on NSE.
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Tech Partnerships: Salesforce, Magento, Odoo
CMMI Level 3 certified.
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2022
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Migration to the mainboard of NSE & BSE.
Registered as RedHat ISV Partner.
Upgraded to Salesforce Ridge Silver Partner & Odoo Gold Partner.
Won Nasscom SME Inspire Awards 2023
Became an Official Salesforce Crest (Gold) Partner.
Won Dun & Bradstreet DUNS Awards 2023
Won Indian Service ET MSME Awards 2023
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CMMI Level 3 ┃ NSE & BSE Listed ┃ Nasscom Member
www.ksolves.com
AWARDS & ACCREDITATIONS
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Nasscom SME Inspire Award 2023
Nasscom SME Inspire Awards is an initiative of the Nasscom SME Council, with the mission to recognize the most innovative and impactful SMEs.
Ksolves won the “Nasscom SME Inspire Awards 2023” awarded by Shri. B.B Swain, Secretary, MSME, in the presence of Ms. Debjani Ghosh, President, Nasscom. The award ceremony was conducted by Nasscom - ‘Nasscom SME Confluence 2023’ on March 28, 2023 in New Delhi, India, to felicitate the accomplishments of Tech MSMEs.
Out of 300 entries, Nasscom shortlisted 80 entities and Ksolves India Limited booked its victory.
ET MSME Award 2023
Ksolves bagged the Indian MSME of the Year Award for being the best service provider at this grand event. Receiving this prestigious award by Economic Times has been a dream come true moment for us, a result of years of hard work and commitment to delivering quality.
At Ksolves, quality service is our promise, and hard work is our signature.
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CMMI Level 3 ┃ NSE & BSE Listed ┃ Nasscom Member
www.ksolves.com
AWARDS & ACCREDITATIONS
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CMMI Level 3 ┃ NSE & BSE Listed ┃ Nasscom Member
www.ksolves.com
AWARDS & ACCREDITATIONS
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CMMI Level 3 ┃ NSE & BSE Listed ┃ Nasscom Member
www.ksolves.com
WHY KSOLVES?
www.ksolves.com
www.ksolves.com
CMMI Level 3 ┃ NSE & BSE Listed ┃ Nasscom Member
WHY KSOLVES?
490+ people strong Publicly listed company, listed on India’s Leading Stock Exchanges: NSE (National Stock Exchange) & BSE (Bombay Stock Exchange) Odoo Gold Partner with a team of Certified Odoo developers AWS Partner and RedHat Partners
Salesforce Crest Partner with a team of Certified Salesforce developers ISO Certified and CMMI3 Certified Company
Expertise: Generative AI, Big Data (NiFi, Spark, Cassandra, Kafka), Salesforce, Odoo, Mobile (iOS, Android), Microservices, Java, React, Angular, DevOps, Automation Testing etc.
Awarded the Nasscom SME Growth Leadership Award & Dun & Bradstreet 'Business Enterprises' award by Sanjeev Sanyal, Member of the Economic Advisory Council to the Prime Minister of India
Won Award: Won Indian Service ET MSME Awards 2023
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CMMI Level 3 ┃ NSE & BSE Listed ┃ Nasscom Member
www.ksolves.com
BUSINESS STRENGTHS & STRATEGIES
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Diversified revenue Focused on driving
from multiple innovation.
geographies.
Experienced Diversified business
Promoters & across several
Management verticals.
Expertise.
Customer Satisfaction &
Scalable Business
revenues from long standing
Model.
customer relationships.
STRENGTHS
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CMMI Level 3 ┃ NSE & BSE Listed ┃ Nasscom Member
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www.ksolves.com
BUSINESS STRENGTHS & STRATEGIES
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Focus on
efficiency.
Invest in Expand our
Current
infrastructure
Business
& technology.
Relationships.
Attract,
Optimal develop and
Utilization of retain highly-
resources. skilled
STRATEGIES
employees.
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CMMI Level 3 ┃ NSE & BSE Listed ┃ Nasscom Member
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www.ksolves.com
WAY FORWARD
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Hybrid Delivery Opening North America &
onshore delivery
Model centres
Europe
Target Enterprise Senior lateral hires in
Leveraging techno- different industries
Customers
functional expertise
Maintaining hyper revenue Focus on non-linear &
Maintaining industry
scalable levers
growth path leading profitability
Increasing revenue per Higher Billing
Upgrading technology
mix of projects
employee Projects
Products
Creative solutions Unique and Superior
and Continuous
innovation improvement Products
Webinars/Events
Brand
Better Customer loyalty
Participation awareness and Trust
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GROWTH DRIVERS
Increased Utilization
Increased utilization percentage and gradual billing rate revisions 66% for legacy clients helped in Growth Rate - FY23 improving the operating profit margin.
Smart Investments
Heavy investments in building top - class teams via lateral hiring in key focus areas of IT services and Onshore presence of Sales and Client Management Teams will continue.
Tech Partnerships
Continued focus on building on the technology partnership programme as quality assurance frameworks. Such partnerships add to the Company's credentials in front of existing and prospective clients.
Client Relationships
Clients appreciate the company’s
accountability culture and treats Ksolves as their development partner instead of just being a vendor, and that also gets reflected in relatively high CSAT across engagements.
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NEW VERTICAL ADDED
Ksolves have successfully launched a new vertical - Performance Testing
Stress Testing Load Testing Simulate real-world user traffic to Push your applications to their limits to identify performance bottlenecks assess their robustness and stability and scalability limitations. under extreme load. API Performance Testing Performance Tuning Ensure your APIs are reliable, PERFORMANCE TESTING Optimize your application's scalable, and perform optimally performance for maximum SERVICES under high load. efficiency and responsiveness. Mobile App Performance Performance Monitoring & Testing Reporting Deliver a smooth and responsive user Continuously monitor your application's experience across all mobile devices and performance and receive detailed reports network conditions. with actionable insights.
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KSOLVES CAPABILITIES IN PERFORMANCE TESTING
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Comprehensive Testing
Agile & Scalable Approach
Solutions
Data-Driven Insights &
Experienced Experts
Recommendations
Industry-Leading Tools &
On Time Support
Methodologies
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SHAREHOLDER FRIENDLY
| RECORD DATE DIVIDEND PER SHARE (RS) TYPE 26-01-24 7.50 2nd Interim 26-10-23 7.00 Interim 23-04-23 8.00 Final 03-03-23 3.00 2nd Interim 27-10-22 4.50 Interim 21-07-22 8.00 Final 03-02-22 3.25 Interim |
|
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Sales
(INR Mn)
783.1 781.9
555.7
470.7
282.2
101.3
FY20 FY21 FY22 FY23 9MFY23 9MFY24
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Net Profit
(INR Mn)
247.2 247.6
173.8
158.9
89.4
6.8
FY20 FY21 FY22 FY23 9MFY23 9MFY24
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www.ksolves.com
SHAREHOLDER FRIENDLY
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1 2
₹
98%
Funds Raised in Dividend
IPO Declared/Paid 3 Years Sales CAGR
06 July, 2020 FY23
231% ₹
Rs. 36.2 Million Rs. 183.8 Million
3 Years
Dividend Payout
Dividend Payout
Net Profit CAGR
% of Free Cash Flow FY23 % of Net Profit ₹ ₹
110 %
91.3% 74.4%
Return on Equity
(2023)
139%
Free Cash Flow Rs. 201.3 Mn
Return on Capital
Net Profit Rs. 247.2 Mn
Employed
Rs. 183.8 Mn (2023)
Dividend Paid
(Rs. 15.5 per share)
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GEOGRAPHICAL PRESENCE
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||||||||
|---|---|---|---|---|---|---|
|FOR THE YEAR ENDED 31ST MARCH|
|Particulars|9MFY24|FY23|FY22|FY21|
|Export Sales|
|637.4|599.2|337.7|274.5|
|(Rs Mn)|
|% of Total|
|81.5%|76.5%|71.7%|97.3%|
|Sales|
|9MFY24|FY23|FY22|
|Geographical|
|Rs. Mn|%|Rs. Mn|%|Rs. Mn|%|
|Areas|
|North|
|518.9|66.4%|515.9|65.9%|290.9|61.8%|
|America|
|Europe|58.6|7.5%|54.7|7.0%|30.8|6.5%|
|India|144.5|18.5%|183.9|23.5%|133.0|28.3%|
|RoW|59.9|7.8%|28.7|3.7%|16.0|3.4%|
|Total|781.9|100.0%|783.1|100.0%|470.7|100.0%|
|www.ksolves.com|23|
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CMMI Level 3 ┃ NSE & BSE Listed ┃ Nasscom Member
BUSINESS OVERVIEW
www.ksolves.com
CMMI Level 3 ┃ NSE & BSE Listed ┃ Nasscom Member
www.ksolves.com
BUSINESS MODEL
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PRODUCTS
SERVICES
3%
97%
of Total Revenue
of Total Revenue
Development Consulting Managed
Odoo Salesforce
Services Services Services
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TECHNOLOGY VERTICALS
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AI ML Enterprise
Generative AI Technology
Big Data Dev Ops
Application
Salesforce
Development
Products
(Odoo, Salesforce)
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SERVICES SUITE
Artificial Intelligence, Machine Artificial Intelligence, Learning, Generative AI Salesforce Development & Consulting Machine Learning, Salesforce Customization Generative AI Salesforce Lightning & Aura TensorFlow App Exchange SciKit Learn App Development Computer Vision Salesforce Migration NLP Salesforce Integration with RPA Third-party Applications Sales | Service | Marketing | Deep Learning Community Cloud Data Driven Analytics
Open Source AWS Kafka Glue NiFi EKS Dynamo Spark DB Cassandra SQS Hadoop GCP Azure DataProc Synapse Big Query HDInsight Dataflow Data DataFusion Factory
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SERVICES SUITE
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Enterprise Application
Technology Development Products
Technology
Android/iOS Apps
Odoo
Java | Scala | Python | CI Servers
Kubernates Jenkins | CircleCi | Product development
Frameworks Bamboo Flutter | React Native Implementation
Monitoring Tools MERN | MEAN Consulting
Spring | Micronaught | ORM
Databases Splunk | DynaTrace | TypeScript | Javascript Dashboard Ninja
DataDog
MySQL | Oracle | Mongo | | React, Salesforce
Cassandra Log Aggregation Tools Node, Angular | CSS3
Product development
Architecture Loggly | Logstash | | HTML5
Sumologic Consulting
Microservices | Distributed
Go | C# | C++
Transactions Lead Manager Ninja
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DELIVERY EXECUTION MODELS
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Dedicated
Teams
Staff Project-Based
Augmentation Model
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SERVICE PROCESS
Requirement Gathering
Understanding the needs of our clients in their business model. We ideate the requirements, understand the market challenges and come up with a solution to make innovative solutions. Support & Maintenance
Our customer service is our major USP that makes our customers work with us for a longer period.
Even after development and deployment, we resolve all of our client's issues and keep the client updated with the latest functionalities.
Initiate the Development Plan
After the requirement gathering, we deploy our experienced team of developers to start with the development and help clients explore what’s possible with the latest emerging trends and technologies.
Quality Assurance
We allot a dedicated Project and Quality Assurance manager for each project to ensure Quality Assurance at every phase of the development cycle.
Customers can also communicate with the managers as and when they need it.
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NEW PRODUCTS LAUNCH
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Generative AI
US$ 44.89 Bn Fiscal Revenue in 2023
The market size in the Generative AI market is projected to reach US$66.62bn in 2024. In global comparison, most value will be generated in the United States (US$16bn in 2023).
HR Analytics Healthcare Launch: 15 Analytics April, 2024 Launch: 15 April, 2024
Generative AI has gained a lot of attention in the past months, establishing more and more tools for users. The market size is expected to show an annual growth rate (CAGR 2024-2030) of 20.80%, resulting in a market volume of US$207.00bn by 2030.
Source: https://www.statista.com/outlook/tmo/artificial-intelligence/generative-ai/worldwide#market-size
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Salesforce
US$ 31.4 Bn Global Revenue in 2022
International Data Corporation (IDC) has ranked Salesforce as the #1 CRM provider in its latest Worldwide Semiannual Software Tracker *. This is the 10th time Salesforce has earned the No. 1 spot.
Lead Manager Ninja Launch: 01 September, 2023
The global Salesforce AppExchange Tools market size was valued at USD 2.1 Billion in 2024 and is expected to expand at a CAGR of 15.22% during the forecast period, reaching USD 4.8 Billion by 2027.
Source: https://ventionteams.com/salesforce/statistics
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CURRENT PRODUCT SUITE
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Odoo is a suite of open-source growing business at that covers all company needs CRM, e- commerce, Accounting, Sales, Inventory Project management etc.
12+ Million Users
Dashboard Ninja Top Selling Product
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Source: https://www.odoo.com/page/about-us
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CLIENTELE
Our quality standards, punctual order completions & our unmatched overall service have resulted in significant recurring revenue from existing customers and also enabled us to garner clients which are some of the leading businesses in India and abroad.
Our strategy is to seek new customers and at the same time secure additional engagements from existing customers by providing high quality services and cross-selling new services.
9MFY24 Percentage of Revenue (%) Top 5 Customers 40% Top 10 Customers 57%
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BUSINESS ANALYSIS
www.ksolves.com
www.ksolves.com
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INDUSTRIES SERVED
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Revenue by Business Units (9MFY24)
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(9MFY24)
IT & Services Telecom
49% 9%
E-Governance Edu Tech
4% 7%
BFSI Retail
7% 9%
Marketing &
Manufacturing
Advertising
4%
8%
Heathcare Others
1% 3%
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PRODUCTS 3% SERVICES 97% Revenue by Industry for 9MFY24
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Healthcare
Manufacturing 1%
Others
Marketing &
3%
4%
Advertising
8%
IT & Services
Retail 9%
49%
BFSI 7%
7%
4% Telecom
Edutech
9%
E-Govermance
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REVENUE BREAK-UP
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Total Revenue Break-Up
(INR Million)
Annual 9 - Monthly
783.1 781.9
637.4
599.2
470.7
337.7
183.9
133.0 144.5
FY22 FY23 9MFY24
Total Revenue Export Revenue Domestic Revenue
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Geographical Revenue Break-Up
(INR Million)
Annual 9 - Monthly
515.9 518.9
290.9
183.9
54.7 58.6 59.9
133.0 144.5
30.8 28.7
16.0
FY22 FY23 9MFY24
North America Europe India RoW
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REVENUE BREAK-UP (9MFY24)
Revenue by Geography
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Australia 2%
Rest of World
6%
8%
India
North America
18%
66%
Europe
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Revenue by Technology
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Open Source
Technologies
Q A&
22% 22%
Automation Sales force
3%
7%
5%
Big Data
Mobile App 9%
14%
18%
Dev Ops
Al/ML
Odoo
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-
*Dev Ops (Kubernetes, OpenShift, Ansible, Docker, CI/CD & Microservices)
-
*Odoo (App Development, Implementation & Customisation)
-
*Mobile Apps (React Native, Flutter, Native Application Development)
-
*Open Source Technologies (ROR, MERN, MEAN)
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CASE STUDY: BIG DATA BONANZA
TAMING TELECOM’S ACCOUNTING TSUNAMI WITH APACHE DRUID’S SCALABLE STREAMS
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PROBLEMS & CHALLENGES Client Overview
One of the largest Traditional telecommunicatio relational n companies databases were unable to Facing issues in efficiently analyze Inefficient analysis the rapidly of a rapidly growing growing accounting accounting dataset, resulting dataset in slow query response times.
They aim to implement The absence of Apache Druid for real-time analytics scalable and realcapabilities time analytics impacted the company’s ability to respond swiftly to changing scenarios.
SOLUTION
Conducted an in-depth analysis of existing data infrastructure and Analytics requirements.
Deployed Apache Druid clusters on cloud infrastructure for scalability and flexibility.
Configured data connectors for instant integration with various data sources, including transactional databases, event streams, and Amazon Cloud Storage (S3).
Implemented real-time data ingestion pipelines for continuous streams and batch data.
Collaborated with Data Analysts to create an analytics dashboard based on the right query patterns.
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RESULT
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Significantly improved the performance by reducing the query latency. The average query response time is reduced by 70%.
Highly scalable as Apache Druid can accommodate a 3x increase in data volume without sacrificing performance.
Integrated Apache Kafka for real-time data streaming with Druid’s real-time nodes.
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KSOLVES AS INFLUENCER :
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DREAMFORCE EVENT
Dreamforce is a premier annual Salesforce business and technology conference held at the Moscone Center in San Francisco, offering a platform for professionals to connect, innovate, and explore transformative solutions. As a Salesforce Crest partner, Ksolves had a prominent presence at the grand event, with our US Sales Director representing us.
SPEAKER AT ODOO EXPERIENCE BELGIUM
Odoo Experience 2023 was a grand event where businesses explored the future of success with Odoo. Held from November 8- 10 at Brussels Expo, Belgium, the gathering provided a platform for professionals to learn about the latest advancements, strategies, and innovations within the Odoo ecosystem. As an Odoo Gold Partner, Ksolves’ Founder & CEO took part in the event as a speaker, presenting our popular app Dashboard Ninja with AI and sharing our Odoo expertise at our booth .
SPEAKER AT THE 3RD ANNUAL PREDICTIVE ANALYTICS SUMMIT 2024
This magnificent event scheduled to be held in Lalit Mumbai will bring together top professionals in Predictive Modelling, Data Science, AI, and Machine Learning. The upcoming summit will offer a platform for industry leaders to share valuable insights and advancements in Predictive Analytics across diverse sectors. Ksolves is set to be a big part of this event, with our CTO, Mr. Manish Gurnani, representing us as a speaker.
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QUARTERLY HIGHLIGHTS
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QUARTERLY PERFORMANCE – Q3’FY24
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38.3% 44.7% 9.4% 8.6%
Revenue from Earnings Revenue from Earnings
Operations Per Share Operations Per Share
Quarterly Quarterly
(YoY) (QoQ )
43.9% 44.7% 7.1% 8.6%
EBITDA Profit After Tax EBITDA Profit After Tax
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QUARTERLY FINANCIAL PERFORMANCE
| Particulars (INR Mn) | Q3FY24 | Q2FY24 | Q3FY23 | YoY% | QoQ% | 9MFY24 | 9MFY23 | YoY% |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 284.2 | 259.8 | 205.5 | 38.3% | 9.4% | 781.9 | 555.7 | 40.7% |
| Total Expenditure | 164.0 | 147.6 | 122.0 | 34.4% | 11.1% | 447.5 | 320.0 | 39.8% |
| EBITDA | 120.2 | 112.3 | 83.5 | 43.9% | 7.1% | 334.5 | 235.7 | 41.9% |
| EBITDA Margin (%) | 42.3% | 43.2% | 40.6% | +166 bps | -91 bps | 42.8% | 42.4% | +36 bps |
| Other Income | 1.2 | 1.0 | 0.3 | 300.0% | 24.8% | 2.9 | 2.0 | 44.5% |
| Depreciation | 2.6 | 1.8 | 1.4 | 82.9% | 46.1% | 5.8 | 4.2 | 39.0% |
| Profit Before Interest & Tax | 118.8 | 111.5 | 82.4 | 44.2% | 6.6% | 331.5 | 233.5 | 42.0% |
| Interest | - | - | - | - | - | - | - | - |
| Profit Before Tax | 118.8 | 111.5 | 82.4 | 44.2% | 6.6% | 331.5 | 233.5 | 42.0% |
| Tax | 29.4 | 29.1 | 20.6 | 42.8% | 1.0% | 84.0 | 59.7 | 40.7% |
| Profit After Tax | 89.4 | 82.3 | 61.8 | 44.7% | 8.6% | 247.6 | 173.8 | 42.4% |
| PAT Margin (%) | 31.4% | 31.7% | 30.1% | +139 bps | -23 bps | 31.7% | 31.3% | +38 bps |
| Other Comprehensive Inc | -0.5 | -0.5 | -0.3 | -57.9% | -11.2% | -1.2 | -1.9 | 36.0% |
| Total Comprehensive Inc | 88.8 | 81.8 | 61.4 | 44.6% | 8.5% | 246.3 | 171.9 | 43.3% |
| Earnings Per Share (Rs) | 7.54 | 6.94 | 5.21 | 44.7% | 8.6% | 20.88 | 14.66 | 42.4% |
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ANNUAL HIGHLIGHTS
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ANNUAL INCOME STATEMENT (CONSOLIDATED)
| Particulars (INR Mn) | *FY19 | FY20 | FY21 | FY22 | FY23 |
|---|---|---|---|---|---|
| Revenue from Operations | 54.2 | 101.3 | 282.2 | 470.7 | 783.1 |
| Total Expenditure | 51.3 | 89.3 | 160.2 | 269.3 | 454.5 |
| EBITDA | 2.9 | 12.0 | 122.0 | 201.4 | 328.6 |
| EBITDA Margin (%) | 5.3% | 11.8% | 43.2% | 42.8% | 42.0% |
| Other Income | 0.1 | 0.0 | 2.1 | 12.7 | 6.3 |
| Depreciation | 0.8 | 2.9 | 4.3 | 4.9 | 5.5 |
| Profit Before Interest & Tax | 2.1 | 9.1 | 119.7 | 209.2 | 329.4 |
| Interest | - | 0.0 | 0.1 | 0.0 | - |
| Profit Before Tax | 2.1 | 9.1 | 119.6 | 209.1 | 329.4 |
| Tax | 0.5 | 2.3 | 30.2 | 50.2 | 82.2 |
| Profit After Tax | 1.6 | 6.8 | 89.4 | 158.9 | 247.2 |
| PAT Margin (%) | 3.0% | 6.7% | 31.7% | 33.8% | 31.6% |
| Earnings Per Share (Rs) | 3.18 | 13.64 | 7.54 | 13.41 | 20.85 |
Note: *FY19 Standalone Data
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ANNUAL BALANCE SHEET (CONSOLIDATED)
| Particulars (INR Mn) | FY23 FY22 10.43 10.08 0.60 0.60 - - 4.38 1.70 5.04 2.59 - - 20.45 14.97 - - 151.30 92.57 85.73 68.95 0.34 0.49 0.31 2.71 82.74 57.16 320.43 221.88 340.88 236.85 |
|---|---|
| Assets | |
| Non-Current Assets | |
| (a) Property, plant and equipment | |
| (b) Intangible Assets | |
| (c) Financial Assets | |
| - Investments | |
| - Other Financial Assets | |
| (d) Deferred Tax Assets (Net) | |
| (e) Other Non Current Assets | |
| Total Non-Current Assets | |
| Current Assets | |
| (a) Inventories | |
| (b) Financial Assets | |
| - Trade receivables | |
| - Cash and cash equivalents | |
| - Bank Balance & other Cash equivalents | |
| - Other financial assets | |
| (c) Other current assets | |
| Total Current Assets | |
| Total Assets |
| Particulars (INR Mn) | FY23 FY22 118.56 118.56 105.28 48.20 223.84 166.76 - - 13.58 6.71 13.58 6.71 - - 4.67 5.68 1.45 1.44 84.82 51.27 12.51 4.99 103.47 63.38 340.88 236.85 |
|---|---|
| Equity and Liabilities | |
| Equity | |
| (a) Equity Share Capital | |
| (b) Other Equity | |
| Total Equity | |
| Liabilities | |
| Non-current Liabilities | |
| Financial Liabilities | |
| Provisions | |
| Total Non-Current Liabilities | |
| Current Liabilities | |
| Financial Liabilities | |
| - Borrowings | |
- Trade payables |
|
| - Other Financial Liabilities | |
| Provisions | |
| Current Tax Liabilities | |
| Total Current Liabilities | |
| Total Equity and Liabilities |
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THANK YOU
KSOLVES INDIA LTD. Ms. Manisha Kide - Company Secretary Email: [email protected] www.ksolves.com For further details please contact:
KAPT I FY[®] Consulting Strategy & Investor Relations | Consulting Tel: +91-845 288 6099 | Email: [email protected] www.kaptify.in
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