SECUREKLOUD TECHNOLOGIES LIMITED — Interim / Quarterly Report 2021

Nov 13, 2021

Ref: SK/CHN/2021-22/E40 November 13, 2021

National Stock Exchange of India Ltd. Capital	BSE Ltd.
Market – Listing, Exchange Plaza, 5th Floor, Plot No.	25th Floor, Phiroze Jeejeebhoy Towers
C/1, G Block, Bandra‐Kurla Complex, Bandra (E),	Dalal Street, Fort
Mumbai 400 051	Mumbai 400 001
EQ- SECURKLOUD– ISIN – INE650K01021	Scrip Code: 512161 – ISIN – INE650K01021

Dear Sir/Madam,

Sub: Intimation of the outcome of the Board Meeting under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations").

We refer to our letter dated November 05, 2021, intimating you about the convening of the meeting of the Board of Directors of the Company to consider un-audited financial results (standalone and consolidated) for the quarter and half year ended September 30, 2021. In this regard, we wish to inform that Board of Directors of Company held today, i.e., Saturday, November 13, 2021, and approved the following:

1. Un-audited financial results:

Un-audited financial results (standalone and consolidated) for the quarter and half year ended September 30, 2021. In this regard, we enclose copies of the following as per format prescribed under Regulation 33 of the Listing Regulations:

• The detailed format of the un-audited financial results (standalone and consolidated) being submitted as per the Listing Regulations and the said results will be uploaded on the websites of the Company www.securekloud.com as well on the websites of stock exchanges.
• Limited review report from the statutory auditors, M/s. K. Gopal Rao & Co., Chartered Accountants, for the financial results (standalone and consolidated) for the quarter and half year ended September 30, 2021.
• The financial results will also be published in the newspapers pursuant to Regulation 47 of the Listing Regulations.
• Press release about the above financial results being released for publication.
• Earnings call presentation.

2. Shifting of the Registered Office of the Company within the local limits of City of Chennai:

The Board of Directors of the Company have accorded their consent to shift the registered office of the Company from the premises at #5, Cenotaph Road, II Floor Srinivasa Towers, Teynampet Chennai – 60018 to the new premises at 5 th Floor, ASV Ramana Towers, at No. 37 & 38, Venkat Narayana Road, T. Nagar, Chennai – 600017 with effect from December 01, 2021.

The Board meeting commenced at 9.00 A.M and concluded at 11.40 A.M

We request you to kindly take the above information on record.

Yours Truly, For SecureKloud Technologies Limited

G Sri Vignesh Company Secretary and Compliance Officer Membership No: A57475 Encl: a/a

INDEPENDENT AUDITOR'S REPORT ON REVIEW OF UN-AUDITED QUARTERLY RESULTS

To

The Board of Directors SecureKloud Technologies Limited (Formerly known as 8K Miles Software Services Limited)

1. We have reviewed the accompanying Statement of Standalone Unaudited Financial Results of SecureKloud Technologies Limited formerly known as 8K Miles Software Services Limited ("the Company"), for the quarter ended September 30, 2021 ("the Statement") and for the period from 1st April 2021 to 30^th September 2021, being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as modified by Circular No. CIR/CFD/CMDI/44/2019 dated March 29, 2019 ("the Circular")

2. Management's Responsibility

The Management of the Company is responsible for preparation of the Statement in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued there under and other accounting principles generally accepted in India. The Board of Directors have approved the Statement.

3. Auditor's Responsibility

Our responsibility is to issue a report on the Statement based on our review. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 'Review of Interim Financial Information Performed by the Independent Auditor of the Entity', issued by the Institute of Chartered Accountants of India. This Standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review is limited primarily to inquiries of Company personnel and analytical procedures applied to financial data and thus provides less assurance than an audit. We have not performed an audit and, accordingly, we do not express an audit opinion.

Branches:

• Mumbai
• * Bengaluru
• • Hyderabad
• Madurai Tiruchirappalli
• Tiruvallur ÷

Registered Office:

21, Moosa Street, T.Nagar, Chennai - 600 017. C 4552 2032 / 2434 3639 / 4212 8955 / 2434 2563 (M) 98400 53053 / 98400 63269 / 98408 73269 www.karca.in Madan@kgrca.in

Second Office:

2, South Dhandapani Street, Meena Arcade, Ground Floor, off: Burkit Road, T. Nagar, Chennai - 600 017. 0 4212 9770 / 4212 8955 kgrcas@gmail.com, raju@kgrca.in

Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying statement of unaudited financial results prepared in accordance with applicable accounting standards and other recognized accounting practices and policies has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 including the manner in which it is to be disclosed, or that it contains any material misstatement.

For K. Gopal Rao & Co. Chartered Accountants FRN: 000956S

offan

CA Bashyakar Mattapalli Partner M Number: 015932 UDIN: 21015932AAAAAZ607

Place: Chennai Date: November 13, 2021 SECUREKLOUD TECHNOLOGIES LIMITED

(formerly 8K Miles Software Services Limited)

(CIN: L72300TN1993PLC101852)

Registered Office: Second Floor, Srinivas Towers, No. 5, Cenotaph Road, Teynampet, Chennai - 600 018

		As at	(₹ in lakhs) As at
	Particulars	September 30, 2021 (unaudited)	March 31, 2021 (audited)
	A ASSETS
1	Non-current assets
	Property, plant and equipment	144.26	87.58
	Right-of-use assets	41.16	47.29
	Financial assets (i) Investments	14,026.54	13,726.58
	(ii) Loans	43.14	73.37
	Deferred tax assets (Net)	73.89	60.48
	Total non-current assets	14,328.99	13,995.30
	II Current Assets
	Financial assets
	(i) Trade receivables	2,551.99	2,680.78
	(ii) Cash and cash equivalents	12.74	344.46
	(iii) Other financial assets		0.33
	Other current assets	40.94	16.06
	Current tax assets (net)	184.51	360.36
	Total current assets	2,790.18	3,401.99
	Total Assets (I+II)	17,119.17	17,397.29
	B EQUITY AND LIABILITIES
	III Equity
	Equity share capital	1,525.88	1,525.88
	Other equity	7,521.22	7,861.37
	Total Equity	9,047.10	9,387.25
	IV Non-current liabilities
	Financial liabilities
	(i) Borrowings (ii) Lease Liabilities	5,485.10 22.44	5,566.58 26.69
	Provisions	154.10	104.92
	Total non-current liabilities	5,661.64	5,698.19
v	Current liabilities
	Financial liabilities
	(i) Borrowings	1,489.72	1,497.65
	(ii) Trade payables
	(a) Total outstanding dues of micro enterprises and small enterprises	12.81	1.70
	(b) Total outstanding dues of creditors other than micro enterprises and small enterprises	160.05	93.13
	(iii) Lease liabilities	8.30	7.92
	(iv) Other financial liabilities	602.55	573.92
	Provisions	61.11	42.11
	Other current liabilities Total Current Liabilities	75.89 2,410.43	95.42
			2,311.85
		17,119.17	17,397.29

$\frac{7}{100}$ C Suresh Venkatachari Chief Executive Officer

DIN: 00365522

SECUREKLOUD TECHNOLOGIES LIMITED

(formerly 8K Miles Software Services Limited) (CIN: L72300TN1993PLC101852)

Registered Office: Second Floor, Srinivas Towers, No. 5, Cenotaph Road, Teynampet, Chennai - 600 018

Statement of unaudited Standalone Financial Results for the quarter and half year ended Sentember 30, 2021

			Quarter ended		Half year ended		(₹ in lakhs except EPS) Year ended
S.No.	Particulars	September 30, 2021	June 30, 2021	September 30, 2020	September 30, 2021	September 30, 2020	March 31, 2021
		Unaudited	Unaudited	Unaudited	Unaudited	Unaudited	Audited
$\mathbf{1}$	Income
	a) Revenue from operations	953.74	1,011.96	1,031.78	1,965.70	2,432.49	4,126.12
	b) Other income (including foreign exchange gain / (loss)	4.82	36.41	(121.96)	41.23	(74.74)	(108.60)
	Total income	958.56	1,048.37	909.82	2,006.93	2,357.75	4,017.52
$\overline{2}$	Expenses
	a) Employee benefits expense	756.49	776.44	728.85	1,532.93	1,274.93	2,708.56
	b) Finance costs	181.32	279.23	216.91	460.55	419.22	834.81
	c) Depreciation and amortization expense	14.99	12.11	12.89	27.10	18.92	41.82
	d) Other expenses	114.06	100.43	139.45	214.49	222.46	407.46
	Total expenses	1,066.86	1,168.21	1,098.10	2,235.07	1,935.53	3,992.65
з	Profit / (Loss) before exceptional items and tax (1-2)	(108.30)	(119.84)	(188.28)	(228.14)	422.22	24.87
4	Exceptional items
5	Profit / (Loss) before tax (3-4)	(108.30)	(119.84)	(188.28)	(228.14)	422.22	24.87
6	Tax expense
	Current tax		1.25	(63.90)	1.25	112.82	21.47
	Tax related to previous period		97.84		97.84
	Deferred tax	(7.76)	(5.65)	(1.60)	(13.41)	(8.48)	7.59
7	Net profit / (loss) for the period (5-6)	(100.54)	(213.28)	(122.78)	(313.82)	317.88	(4.19)
8	Other comprehensive income / (loss)
	Items that will not be reclassified to the statement of profit and
	Loss (a) Actuarial gain / (loss) on defined benefit obligation	(26.33)	$\bullet$	(2.95)	(26.33)	(2.95)	(5.96)
	(b) Income tax relating to items that will not be
	reclassified to the statement of profit or loss.		$\sim$
	Total other comprehensive income / (loss) (Net of tax)	(26.33)		(2.95)	(26.33)	(2.95)	(5.96)
9	Total comprehensive income / (loss) for the period (7+8)	(126.87)	(213.28)	(125.73)	(340.15)	314.93	(10.15)
10	Paid-up equity share capital (Face value of INR 5/- each]	1,525.88	1,525.88	1,525.88	1,525.88	1,525.88	1,525.88
	Number of equity shares	3,05,17,605	3,05,17,605	3,05,17,605	3,05,17,605	3,05,17,605	3,05,17,605
	Weighted average number of equity shares	3,50,17,605	3,50,17,605	3,05,17,605	3,50,17,605	3,05,17,605	3,07,02,537
	Reserves (Other Equity)						7,861.37
	Earnings per equity share (EPS) [Face value of INR 5/-
11	each]
	(a) Basic EPS (INR)	(0.33)	(0.70)	(0.40)	(1.03)	1.04	(0.01)
	(b) Diluted EPS (INR)	(0.29)	(0.61)	(0.40)	(0.90)	1.04	(0.01)
		[not annualised]	[not annualised]	[not annualised]	[not annualised]	[not annualised]	[Annualised]

Notes:

$\mathbf{I}$

The above unaudited standalone financial results of the Company were reviewed by the Audit Committee and approved by the Board of Directors in its meeting held on November 13, 2021 in line with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. The Statutory auditors of the company have carried out a limited review of the above unaudited standalone financial results for the quarter/half year National Stock Exchange of India Limited (NSE') and BSE Ltd ('BSE') and is also available on the Company's website. The financial results are prepared in accordance with the Indian Accounting Standards (Ind AS) as
prescrib

The Company operates in a single segment, i.e., "Information And Technology Services" and hence, does not have any additional disclosures to be made under Ind AS 108 - Operating Segments.

The Company allotted 45.00.000 (Forty five Lakhs) convertible warrants of INR 100/- each to Mr Suresh Venkatachari. Promoter and CEO of the Company on March 17, 2021 on receipt of an upfront payment INR $\overline{\mathbf{3}}$ 11,25,00,000/- (Rupees Eleven Crores Twenty-Five Lakhs Only) equal to 25% of the total consideration as per the terms of preferential issue in compliance with Chapter V of SEBI (Issue of Capital & Disclosure Requirements) Regulations, 2018 and Section 42 & 62 of the Companies Act, 2013 and rules made thereunder as amended from time to time. The Company has considered equivalent shares of 45,00,000 (Forty five Lakhs) for the purpose warrants

Subsequent to the half year ended September 30, 2021, the Company has repaid promoter's loan amounting to INR 588.97 lakhs and Interest accured and due amounting to INR 347.10 lakhs, reducing the principal repayable as of October 31, 2021 to INR 4,650 lakhs and Interest accured and due as of October 31, 2021 to INR Nil.

The Code on Social Security, 2020 ('Code') relating to employee benefits, during employment and post employment benefits, has received Presidential assent in September 2020. This Code has been published in the Gazette $\tilde{\mathbf{5}}$ of India. However, the effective date from which the changes are applicable is yet to be notified/ issued. The Company will evaluate the impact of the Code and will give appropriate impact in the financial results in the p

The figures in the previous period financial results have been reclassified to conform to the presentation of the current quarter financial results. These reclassifications have no effect on the previously reported net los

By Order of the Board For SecureKloud Technologies Limited

wee L

Suresh Venkatachari Chief Executive Officer DIN: 00365522

Place : Chennai Date: November 13, 2021

SECUREKLOUD TECHNOLOGIES LIMITED
(formerly 8K Miles Software Services Limited)
(CIN: L72300TN1993PLC101852)
Registered Office: Second Floor, Srinivas Towers, No. 5, Cenotaph Road, Teynampet, Chennai - 600 018

Unaudited Standalone Cash Flow Statement for the half year ended September 30, 2021

		(₹ in lakhs)
Particulars	Half year ended September 30, 2021 (unaudited)	For the year ended March 31, 2021 (audited)
I. Cash flow from operating activities
Profit/(Loss) for the period/year	(313.82)	(4.19)
Adjustments for:
Tax expenses	85.68	29.06
Finance costs	460.55	834.81
Depreciation and Amortisation Expense	27.10	41.82
Loss on Sale of Property, Plant and Equipment (Net)	٠	(6.14)
Income on deposits and loans	٠	(3.02)
Net Unrealised Exchange Gain	(23.45)	35.41
Operating (loss) / profit before working capital and other changes	236.06	927.75
Adjustments for (increase)/decrease in operating assets:
Trade receivables	128.79	2,315.30
Other non current financial assets	30.23	(0.06)
Other current financial assets	0.33
Other current assets	(24.88)	6.77
Adjustments for increase/(decrease) in operating liabilities:
Trade payables	78.04	(80.17)
Provisions (non-current)	49.18	34.02
Provisions (current)	19.00	(16.86)
Other current financial liabilities	58.72	14.90
Other current liabilities	(19.53)	(188.53)
Cash generated from / (used in) operations	555.94	3,013.12
Net income tax paid (including interest paid there on)		(338.08)
Net cash flow from operating activities (A)	555.94	2,675.04
II. Cash flow from investing activities
Capital Expenditure on Property, Plant and Equipment	(77.66)	(79.14)
Proceeds from Sale of Property, Plant and Equipment		15.10
Investment in Fixed Deposits	(10.00)
Investment made during the period/year	(299.96)	(1,743.90)
Interest Received on Fixed Deposits		0.98
Net cash flow used in investing activities (B)	(387.62)	(1,806.96)
III. Cash flow from financing activities
Proceeds from issue of Equity Shares/Warrants (including premium)		1,125.00
Borrowings taken during the period/year		448.50
Borrowings repaid during the period/year	(123.37)	(1,180.49)
Finance costs paid	(376.67)	(923.23)
Net cash flow from financing activities (C)	(500.04)	(530.22)
Net Increase / (Decrease) in Cash and Cash Equivalents (A) + (B) + (C)	(331.72)	337.86
Cash and cash equivalents at the beginning of the period/ year	344.46	6.60
Cash and cash equivalents at the end of the period/year	12.74	344.46

By Order of the Board For SecureKloud Technologies Limited

vest Suresh Venkatachari Chief Executive Officer
DIN: 00365522

INDEPENDENT AUDITOR'S REPORT ON REVIEW OF UN-AUDITED QUARTERLY RESULTS

To The Board of Directors SecureKloud Technologies Limited.

1. We have reviewed the accompanying unaudited consolidated financial statement of Secure Kloud Technologies Limited ("the Parent"), its Indian subsidiary and foreign subsidiaries (together referred to as "the Group") for the quarter ended 30^th September, 2021 (the "Statement") and for the period from 1^st April 2021 to 30^th September 2021, attached herewith being submitted by the Parent Company pursuant to the requirements of Regulations 33 of the SEBI (Listing, Obligations and Disclosure requirements) Regulations, 2015 as amended ("Regulations") read with SEBI Circular No. CIR/CFD/CMD1/44/2019 dated 29^th March 2019 ("the Circular").

2. Management's Responsibility

This Statement, which is the responsibility of the Parent Company's Management and approved by the Parent Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 (Ind AS 34) "Interim Financial Reporting" prescribed under Section 133 of the Companies Act, 2013 as amended read with relevant rules issued thereunder the other accounting principles generally accepted in India. Our responsibility is to express an opinion on the Statement based on our review.

3. Auditor's Responsibility

We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. We have performed procedures in accordance with the circular issued by the SEBI under Regulation 33(8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, to the extent applicable.

Branches:

• Mumbai
• * Bengaluru
• ↔ Hyderabad
• Tiruchirappalli $\infty$ $\mathbf{r}$
• Tiruvallur

Madurai

Registered Office:

Arcade. Ground Floor, off: Burkit Road, Wagar,

Chennai - 600 017. 0 4212 9770 / 4212 8955 kgrcas@gmail.com, raju@kgrca.in

S.No.	Name of the Company	Relationship with the Parent Company
	SecureKloud Technologies Inc. USA (Formerly known as 8K Miles Software Services Inc., USA)	Subsidiary
$\overline{2}$	Blockedge Technologies Inc. USA (Formerly known as 8K Miles Health Cloud Inc, USA)	Subsidiary
	Mentor Minds Solutions & Services Inc, USA	Subsidiary
4.	Healthcare Triangle Private Limited, India	Subsidiary
5 1	Nexage Technologies Inc, USA	Step down subsidiary
6	Healthcare Triangle Inc, USA	Step down subsidiary
	SecureKloud Technologies Inc. Canada	Step down subsidiary

1. The Statement includes the results of the following entities:

2. Based on our review conducted and procedures performed as stated in paragraph 3 above, nothing has come to our attention that causes us to believe that the accompanying statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement.

For K. Gopal Rao & Co. Chartered Accountants FRN: 000956S

CA Bashyakar Mattapalli Partner M Number: 015932 UDIN: 21015932 AAAABA6773

Chennai 13^th November 2021

SECUREKLOUD TECHNOLOGIES LIMITED
(formerly 8K Miles Software Services Limited)
(CIN: L72300TN1993PLC101852)
Registered Office: Second Floor, Srinivas Towers, No. 5, Cenotaph Road, Teynampet, Chennai - 600 018

Unaudited Consolidated Balance Sheet as at September 30, 2021

	Particulars	As at September 30, 2021 (unaudited)	$(3\pi)$ in lakhs) As at March 31, 2021
	A ASSETS		(audited)
1	Non-current assets Property, plant and equipment Right-of-use assets Goodwill Other intangible assets Financial assets Deferred tax assets (Net) Other non-current assets Total non-current assets	204.98 41.16 12,827.16 2,655.50 79.19 73.89 37.08 15,918.96	176.89 47.29 12,827.16 2,894.41 110.00 74.17 16,129.92
	II Current Assets Financial assets Trade receivables Cash and cash equivalents Loans Other financial assets Current Tax Assets (Net) Other current assets Total current assets	6,168.23 1,094.28 1.05 606.18 184.25 599.12 8,653.11	5,515.25 3,447.93 924.47 360.36 389.33 10,637.34
	Total Assets (I+II)	24,572.07	26,767.26
	B EQUITY AND LIABILITIES
	III Equity Equity share capital Other equity Equity attributable to owners of the company Non Controlling Interest Total Equity	1,525.88 854.43 2,380.31 349.22 2,729.53	1,525.88 2,163.41 3,689.29 408.02 4,097.31
	IV Non-current liabilities Financial liabilities Borrowings Lease Liabilities Provisions Deferred Tax Liabilities Total non-current liabilities	5,485.10 22.44 154.10 5,661.64	5,566.58 26.69 104.92 830.66 6,528.85
v	Current liabilities Financial liabilities Borrowings	8,371.74	8,245.74
	Trade payables (a) Total outstanding dues of micro enterprises and small enterprises (b) Total outstanding dues of creditors other than micro enterprises and small	12.81	1.70
	enterprises Lease Liabilities Other financial liabilities Other current liabilities Provisions Total Current Liabilities	4,743.37 8.30 2,223.02 760.55 61.11 16,180.90	3,694.97 7.92 2,153.44 1,995.22 42.11 16,141.10
	Total Equity and Liabilities (III+IV+V)	24,572.07	26,767.26
	ASECONDATION LIMED CHENNAI GIES foosa St. O T. Nagar, Chennai - 17. $\star$ O TONHO3 Tel: 42129770 Place: Chennai FRN: 000956S Š, Date: November 13, 2021 ACCOUNTY ERED	By Order of the Board For SecureKloud Technologies Limited Suresh Venkatachari Chief Executive Officer DIN: 00365522

		Registered Office: Second Floor, Srinivas Towers, No. 5, Cenotaph Road, Teynampet, Chennai - 600 018 SECUREKLOUD TECHNOLOGIES LIMITED (formerly 8K Miles Software Services Limited) (CIN: L72300TN1993PLC101852)
	Statement of unaudited Consolidated Financial Results for the quarter and half year ended September 30, 2021
S.No.			Quarter ended			Half year ended	Year ended
	Particulars	September 30, 2021 Unaudited	June 30, 2021 Unaudited	September 30, 2020 Unaudited	Unaudited	September 30, 2021 September 30, 2020 Unaudited	March 31, 2021 Audited
⊣	a) Revenue from operations b) Other income Income	8,714.19 14.16	9,025.86 35.96	(86.54) 8,903.67	17,740.05 50.12	17,711.05	35,054.61
	Total income	8,728.35	9,061.82	8,817.13	17,790.17	17,671.73 (39.32)	34,960.69 (93.92)
N	c) Depreciation and amortization expense a) Employee benefits expense b) Finance costs Expenses	6,492.07 310.42 162.12	6,072.49 207.60 404.82	5,217.66 536.80 314.41	12,564.56 369.72 715.24	622.49 1,085.17 10,907.24	1,200.26 1,849.90 19,157.60
	d) Other expenses Total expenses	4,167.10 11,131.71	10,125.10 3,440.19	8,491.54 2,422.67	7,607.29 21,256.81	5,197.15 17,812.05	34,807.48 12,599.72
	Profit before exceptional items and tax (1-2)	(2,403.36)	(1,063.28)	325.59	(3,466.64)	(140.32)	153.21
$m + n \omega$	Profit before tax (3-4) Exceptional items Tax expense	(2,403.36)	(1,063.28)	325.59	(3,466.64)	(140.32)	153.21
	Tax related to previous period Current tax	$\frac{1}{2}$	1.79 97.84	(62.95)	5.56 97.84	114.10	27.43
Z	Net profit / (loss) for the period (5-6) - Deferred tax	(7.77) (2,399.36)	(836.31) (326.60)	(1.60) 390.14	(844.08) (2,725.96)	(8.48) (245.94)	7.59 118.19
$^{\circ}$	(b) Income tax relating to items that will not be reclassified to the statement of profit and Loss Items that will not be reclassified to the statement (a) Remeasurement of the defined benefit plans Other comprehensive income / (loss)	(26.33)		(2.95)	(26.33)	(2.95)	(5.96)
	Total other comprehensive income / (loss) (Net of tax) of profit or loss	(26.33)		(2.95)	(26.33)	(2.95)	(5.96)
۰	period $(7+8)$ Total comprehensive income / (loss) for the	(2, 425.69)	(326.60)	387.19	(2,752.29)	(248.89)	112.23
$\overline{a}$	Profit attributable to: Owners of the company Non-controlling Interest	(1,486.64) (912.72)	(224.20) (102.40)	314.59 75.55	(1,710.84) (1,015.12)	34.35 (280.29)	159.50 (41.31)
$\Xi$	Other comprehensive income attributable to Owners of the company Non-controlling Interest	(26.33)		(2.95)	(26.33)	(2.95)	(5.96)
12	Total comprehensive income attributable to: Owners of the company Non-controlling Interest	(1, 512.97) (912.72)	(224.20) (102.40)	311.64 75.55	(1,737.17) (1, 015.12)	31.40 (280.29)	153.54 (41.31)
H	Reserves (Other Equity) - excluding any revaluation reserve each Paid-up equity share capital (Face value of INR 5/- Weighted average number of equity shares Number of equity shares	1,525.88 3,05,17,605 3,50,17,605	1,525.88 3,05,17,605 3,50,17,605	1,525.88 3,05,17,605 3,05,17,605	1,525.88 3,05,17,605 3,50,17,605	1,525.88 3,05,17,605 3,05,17,605	1,525.88 3,05,17,605 3,07,02,537 2,571.43
14	of INR 5/-each] Earnings per equity share (EPS) [Face value
	(a) Basic (INR) (b) Diluted (INR)	(4.87) (4.25)	(0.73) (0.64)	$1.02$ $1.02$	$(5.60)$ $(4.89)$	0.10	0.52

Registered Office: Second Floor, Srinivas Towers, No. 5, Cenotaph Road, Teynampet, Chennai - 600 018 SECUREKLOUD TECHNOLOGIES LIMITED (formerly 8K Miles Software Services Limited) (CIN: L72300TN1993PLC101852)
Statement of unaudited Consolidated Financial Results for the quarter and half year ended September 30, 2021
being filed with the National Stock Exchange of India Limited (YMSE) and BSE Ltd ('BSE') and is also available on the Company's website. The Consolidated financial results have been prepared in accordance with applicable consolidated financial results and have issued an unmodified review opinion on the same in accordance with SEBI Circular No.CIR/CFD/CMDJ/44/2019 dated March 29, 2019. The review report of the statutory auditors is the quarter and half year ended September 30, 2021 were reviewed by the audit committee and approved by the Board of Directors in its meeting held on November 13, 2021 in line with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. The Statutory auditors of the company have carried out a limited review of the above unaudited Indian Accounting Standards as prescribed under Section 133 of the Companies Act, 2013 read in the Marchael (Indian Accounting Standards) Rules 2015, as amended, from time to time. The above unaudited consolidated financial results for Notes
2 The Company operates in a single segment, i.e., "Information And Technology Services" and hence, does not have any additional disclosures to be made under Ind AS 108 - Operating Segments
3 The Company allotted 45,00,000 (Forty five Lakhs) convertible warrants of IIM 100/- each to five Suresh Vienkatachari, Promoter and CEO of the Company on March 17, 2021 on receipt of an upfront payment IINR for the purpose of dilited EPS as per IND AS 33. Subsequent to the quarter balf year ended September 30, 2021, the Company has allotted of 11,68,000 equity shares to Mr Suresh Venkatachari, as partial conversion of 11,25,00,00/- (Rupes Eleven Crocs Twenty-Five Labits Only) equal to 25% of the total consideration as per terms of preferential issue in complance with Chapter V of SEBI (Issue of Capital & Disclosure Requirements) Regulations, 2018 and Section 42, & 62 of the Companies Act, 2013 and rules made thereunder as amended from time to fine. The Company has considered equivalent shares of 45,00,000 (Forty five Lakins) warrants.
4 Healthcare Triangle Inc, (HCTI) a step-down subsidiary of the Company has issued stock optos to its employees on various dates for an exercise price of USD 0.40 (approx INR 30). For the quarter and half year ended September 30, 2021, an amount of INR 214.77 lakhs and INR 315.90 lakhs respectively, has been recorded as employee share based payments as per the requirements of Ind AS 102.
5 Subsequent to the half year ended September 30, 2021, Healthcare Triangle Info, (HCTI) a step-down subsidiary of the Company has repaid INR 282.68 labis of the convertible notes and interest outstanding as at September 30, 2021 and converted the balance convertible notes outstanding as at September 30, 2021 amounting to INR 3,014.04 laths to equity shares.
6 Subsequent to the half year ended September 30, 2021, the Company has repaid promoter's koan amounting to IMR SD Babs and are are and due amounting to IMR 347.10 laths, reducing the principal repayable as of October 31, 2021 to INR 4,650 lakhs and Interest accured and due as of October 31, 2021 to INR NII.
7 The Code on Social Security, 2020 ('Code') relating to employee benefits, you are post employment benefits, has received Presidential assent in September 2020. This Code has been published in the Gazette of India. However, the effective date from which the changes are applicable is yet to be notified/ issued. The Company will evaluate the impact of the Code and will give appropriate impact in the financial results in the period in which the Code becomes effective and the related rules are published.
been reclassified to conform to the presentation of the current quarter financial results. These reclassifications have no effect on the previously reported net loss/profit. 8 The figures in the previous period financial results have
For SecureKloud Technologies Limited By Order of the Board Suresh Venkatachari Chief Executive Officer DIN: 00365522 RECHINOLOGIES LIMIT B ONDINAL $\overline{c}$ O S. ë CHARGED ACCOUNT aa St, $\overline{Q}$ 01782176 : p Chennal - 17 T. Nagar, $\frac{21}{2}$ Date: November 13, 2021 Place: Chennai

$\mathcal{L}^{\mathcal{L}}$ .

SECUREKLOUD TECHNOLOGIES LIMITED

(formerly 8K Miles Software Services Limited)

(CIN: L72300TN1993PLC101852)

Registered Office: Second Floor, Srinivas Towers, No. 5, Cenotaph Road, Teynampet, Chennai - 600 018

Unaudited Consolidated Cash Flow Statement for the half year ended September 30, 2021

$\mathbf{r}$

		(₹ in lakhs)
Particulars	Half year ended September 30, 2021 (unaudited)	For the year ended March 31, 2021 (audited)
I. Cash flow from operating activities
(Loss) / Profit for the period/ year	(2,752.29)	118.19
Adjustments for:
Income tax expense recognised in the statement of profit and loss	(740.68)	35.02
Finance cost recognised in statement of profit and loss	715.24	1,200.26
Share warrant expenses	40.85
Depreciation and amortisation Expense	369.72	1,849.90
Share based payment expense at subsidiary	321.90
Bad Receivables Written off	69.68
Shares issued to minority at the subsidiary Net Unrealised Exchange Gain/ loss	634.42
Operating (loss) / profit before working capital and other changes	98.71 (1, 242.45)	(117.76) 3,085.61
Adjustments for (increase)/decrease in operating assets:
Trade Receivables	(652.98)	(458.51)
Other Non Current Financial Assets	30.81	0.60
Other Non Current Assets Other Current Financial Assets	37.10	(51.16)
Other Current Assets	(209.80) 317.24	(924.47) (270.00)
Adjustments for increase/(decrease) in operating liabilities:
Trade Payables	1,059.51	(1,641.14)
Other Non Current Liabilities		(4.39)
Provisions (Non-current) Provisions (Current)	49.18 19.00	34.03 (16.82)
Other Current Financial Liabilities	69.58	743.61
Other Current Liabilities	(1,234.67)	369.81
Cash generated from / (used in) operations	(1,757.48)	867.17
Net Income Tax paid (including interest paid there on)	(21.11)	(338.08)
Net cash flow from operating activities (A)	(1,778.59)	529.09
II. Cash flow from investing activities
Capital Expenditure on Property, Plant and Equipment	(117.04)	(28.74)
Proceeds from Sale of Property, Plant and Equipment		7.11
Investment in FD	(10.00)
Net cash flow used in investing activities (B)	(127.04)	(21.63)
III. Cash flow from financing activities
		1,125.00
Proceeds from issue of Equity Shares (including premium/ Share application money)
Borrowings taken during the period/ year Borrowings (including lease liabilities) repaid during the period/ year	(123.38)	3,235.20
Finance Costs	(621.42)	(1,180.49) (1,200.25)
Net cash flow from financing activities (C)	(744.80)	1,979.46
Effect of foreign currency translation adjustment (D)	296.78	167.57
Net Increase / (Decrease) in Cash and Cash Equivalents (A) + (B) + (C) + (D)	(2,353.65)	2,654.49
Cash and cash equivalents at the beginning of the period/ year	3,447.93	793.44
Cash and cash equivalents at the end of the period/year	1,094.28	3,447.93

SECUREKLOUD REPORTS RECURRING REVENUE OF 39% IN Q2 FY22

• o Revenue Rs 87.1 Crores
• o Gross Profit Margin at 26.3%
• o Recurring Revenue 39%
• o R&D peaked in the quarter at Rs 18.7 crores from Rs 9.3 Crores in Q1 FY 22 as our Platform is SaaS enabled and made available in marketplace.
• o One-time expenses of Rs 5 Crores on Stock based compensation, ESOP and Pre-IPO in stepdown subsidiary

Chennai, November 13, 2021 - SECUREKLOUD TECHNOLOGIES LIMITED, a leading Global IT Business Transformation, Secure Cloud Solutions and NextGen Managed Service Provider, announced its consolidated un-audited financial results for the quarter and half year ended September 30, 2021, as approved by its board of directors.

Suresh Venkatachari, Chairman & CEO of SecureKloud Technologies Limited stated "We are very pleased to announce that your company's step-down subsidiary Healthcare Triangle Inc, HCTI is listed in NASDAQ. This is a path-breaking moment in our corporate journey; we are one among the 5-6 Technology Companies to list in the US Markets and testimony to the stringent corporate governance we have put in place through diligence, dedication and commitment of our employees, management and the unwavering support of the Board of HCTI, SecureKloud and all the investors".

"Our client acquisitions were strong across all revenue segments in this quarter with a clear shift from one-time to recurring revenue model. We expect our revenue growth acceleration and profit margin expansion in the coming 2 to 3 quarters".

Thyagarajan R, CFO, stated that "we have continued with our investments in Sales and Marketing and on our platforms; the growth in recurring revenues has been encouraging and demonstrates the consistent progress toward our long-term operating model".

	CONSOLIDATED FINANCIAL HIGHLIGHTS
(Rs Cr)	Q2 FY22	Q1 FY22	Q2 FY21	QoQ	YoY
Revenue	87.1	90.3	89.0	(3.5)%	(2.1)%
Gross Profit	22.9	23.4	32.5	(2.1)%	(29.5)%
Gross Profit %	26.3%	25.9%	36.5%	0.4%	(10.2)%
EBITDA	(19.4)	(4.9)	12.6
EBITDA %	(22.3)%	(5.4)%	14.2%	(16.9)%	(8.1)%

BUSINESS HIGHLIGHTS

HEALTHCARE AND LIFE SCIENCES VERTICAL

• Added 2 new customer logos and 4 returning logos
• Signed a multi-year deal for Readable.AI and DRaaS (Disaster Recovery as a Service)/ MEDITECH
• Acquired new logo for DRaaS (Disaster Recovery as a Service)

OTHER VERTICALS

• Signed a multiyear contract with a leading Logistics company on Azure IaaS Service
• Renewed all our enterprise customers contracts
• Secured multiyear Managed Services contract with our key customer
• Supported various divisions of our long-term client in the PaaS (Product-as-a-Service) segment in Cloud architecting and implementation

BLOCKEDGE.IO

• Launched its plug & play Blockchain-as-a-Service (BaaS) platform for automotive and supply chain segments in the US, UK, Europe, and India markets
• Partnered with MOBI to advance blockchain adoption for the Automotive industry
• Forayed into Healthcare and Life science verticals by partnering with Healthcare Triangle Inc (HCTI)

PARTNERSHIP

• AWS
• o Signed Premier Partnership for 2021-22
• GCP
• o Achieved Global Premier Partner Status
• Healthcare Triangle Inc presented two webinars in conjunction with NEHIMSS, one on AI/ML/NLP and the other on Data and Data Management.

ABOUT SECUREKLOUD

SecureKloud Technologies Limited is a leading Global IT Business Transformation, Secure Cloud Solutions and Managed Services Provider based in the San Francisco Bay area and a publicly traded company listed on Indian Stock Exchanges (NSE and BSE). We support healthcare providers and payors, hospitals, Pharma/Life Sciences organizations, Manufacturing and Automotive companies to improve business outcomes by providing digital transformation on the cloud, security and compliance, data enlightenment, empowering business agility, and accelerating the value of their IT investments.

FY22 Q2 Earnings Presentation

November 13, 2021

Proprietary and Confidential. © 2021 SecureKloud Technologies Ltd.

Safe Harbor Notice

This presentation has been prepared by SecureKloud Technologies Ltd. solely to provide information about the Company. 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 such information or opinions contained herein. None of the Company nor any of its respective affiliates, advisers or representatives, shall have any liability whatsoever (in negligence or otherwise) for any loss howsoever arising from any use of this presentation or its contents or otherwise arising in connection with this presentation.

The information contained in this presentation is only current as of its date. The Company may alter, modify or otherwise change in any manner the content of this presentation, without obligation to notify any person of such revision or changes. Certain statements made in this presentation may not be based on historical information or facts and may be "forward-looking statements", 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. Actual results may differ materially from these forwardlooking statements due to a number of factors, including future changes or developments in the Company's business, its competitive environment, information technology and political, economic, legal and social conditions in India. Please note that this presentation is based on the publicly available information on SecureKloud Technologies Ltd. including but not limited to Company's website and Annual Reports. This communication is for general information purposes only, without regard to specific objectives, financial situations and needs of any person. Please note that investments in securities are subject to risks including loss of principal amount. This presentation does not constitute an offer or invitation to purchase or subscribe for any shares in the Company and neither any part of it shall form the basis of or be relied upon in connection with any contract or commitment whatsoever. Proprietary and Confidential. © 2021 SecureKloud Technologies Ltd. 2

Business Update

"I am very pleased to announce that our step-down subsidiary Healthcare Triangle Inc, HCTI is listed on NASDAQ. This is a pathbreaking moment in our corporate journey; we are one among the 5-6 Technology Companies to list in the US Markets and a testimony to the stringent corporate governance that we have put in place through diligence, dedication and commitment of our employees, management and the unwavering support of the Board of HCTI, SecureKloud and our investors. "Our client acquisitions were strong across all revenue segments in this quarter with a clear shift from one-time to recurring revenue model. We expect our revenue growth acceleration and profit margin expansion in the coming 2 to 3 quarters"

Proprietary and Confidential. © 2021 SecureKloud Technologies Ltd. 3

Suresh Venkatachari, Chairman & CEO

Company Overview

SecureKloud, a market leader in Enterprise Cloud Transformation for highly regulated industries that have stringent Cloud Security & Compliance requirements.

Location	Industry Verticals
HQ: Chennai, India US HQ: Pleasanton, CA Sales Office: Chicago, IL; East Brunswick, NJ; Pleasanton, CA DevOps Centers: Pleasanton, CA and Chennai, India	• Healthcare & Life Sciences • Automotive • BFSI • Media & Entertainment • Manufacturing & Supply chain
Partnerships	Offerings
AWS Premier Partner – 6 years in a row th 4 consecutive year - Audited AWS managed services provider Google Cloud Services partner with top 8 healthcare interoperability provider status Extensive knowledge and expertise in Microsoft	• Platforms: CloudEz, DataEz, Readabl.AI, CloudAuth, Blockedge , DRaaS • Cloud and DevOps Automation • Nextgen Managed Services • Data Science, Analytics and AI/ML Services • Cloud Security and Compliance

Our Cloud Expertise

• Multi cloud automation GCP
• First to market SaaS based Readabl.AI platforms for industry verticals
• Enterprise-wide business transformation services
• Industry recognized innovative Cloud and AI solutions

Security & Regulatory Compliance • HITRUST Certification – self assessed,

• Regulatory Compliance Experts HIPAA, GxP, FIPS, PCI-DSS, etc.
• Battle Tested at Highly Regulated Industries
• Chaired & contributed to SAML 2.0 Specification
• pending 3rd party certification Proprietary and Confidential. © 2021 SecureKloud Technologies Ltd. 6
• ISO 27001:2013 recertification achieved

Business Highlights

Proprietary and Confidential. © 2021 SecureKloud Technologies Ltd.

Business Highlights

• Added 2 new customer logos and 4 returning logos
• Signed a multi-year deal for Readable.AI and DRaaS (Disaster Recovery as a Service)/ MEDITECH • Acquired new logo for DRaaS (Disaster Recovery
• as a Service)

• Hired VP Client Success and VP Delivery

• Healthcare and Life Sciences Other Verticals • Signed a multi-year contract with a leading Logistics company to explore the new Azure IaaS Service/Resource Components for additional infrastructure enhancement and security.

• Renewed all our enterprise customers contracts
• Secured multiyear Managed Services contract with our key customer
• Proprietary and Confidential. © 2021 SecureKloud Technologies Ltd. 8 • Supported various divisions of our long-term client in the PaaS (Product-as-a-Service) segment in Cloud architecting and implementation.

Business Highlights

• Blockedge.io Partnerships • Launched plug & play Blockchain-as-a-Service (BaaS) platform for automotive and supply chain segments in the US, UK, Europe, and India markets
• Partnered with global automobile consortium MOBI, to advance blockchain adoption for the Automotive industry
• Forayed into Healthcare and Life science verticals by partnering with Healthcare Triangle Inc

• AWS

Signed Premier Partnership for 2021-22

• GCP

Achieved Global Premier Partner Status

Proprietary and Confidential. © 2021 SecureKloud Technologies Ltd. 9 • Healthcare Triangle presented two webinars in conjunction with NEHIMSS, one on AI/ML/NLP and the other on Data and Data Management

Financial Highlights

Proprietary and Confidential. © 2021 SecureKloud Technologies Ltd.

Financial Highlights - Q2 FY 22

Marginal drop in revenue

• As we shift customers from one-time to recurring revenue
• Recurring revenue continues to grow consistently, increased to 39% from 36.9% QoQ
• Gross profit margin at 26.3%, improved from 25.9% in Q1 FY 22

R&D peaked in the quarter at Rs 18.7 crores from Rs 9.3 Crores in Q1 FY 22

• As we made our platform SaaS based and listed in AWS / Google market-place
• R&D spends projected to go down to 9-10% of revenues in the next 2 quarters

Proprietary and Confidential. © 2021 SecureKloud Technologies Ltd. 11 Additional Sales and Marketing expenses of Rs 1.5 Crores for building Sales pipeline

• Revenue growth acceleration expected in 2 to 3 quarters
• Sales pipeline continued to grow across all segments
• Continued to invest in Sales and Marketing

One time expenses of Rs 5 Crores

Stock based compensation, ESOP and Pre-IPO in step-down subsidiary

Consolidated Financial Highlights (₹ in lakhs)

Consolidated Financial Highlights (₹					in lakhs)
Key Indicators	Q2 FY22	Q1 FY22	Q2 FY21	QoQ	YoY
Revenue
Revenue from Operations	8,714	9,026	8,904	(3.5)%	(2.1)%
Expenses
Employee Benefit Expenses	6,492	6,072	5,218	6.9%	24.4%
Other Operating Expenses	4,167	3,440	2,423	21.1%	72.0%
Total Expenditure	10,659	9,512	7,641	12.1%	39.5%
EBITDA	(1,945)	(486)	1,263
EBITDA margin	(22.3)%	(5.4)%	14.2%
Other Income	14	36	(87)	60.6%	(116.4)%
Depreciation and Amortisation	162	208	537	(21.9)%	(69.8)%
Finance Cost	310	405	314	(23.3)%	(1.3)%
PBT	(2,403)	(1,063)	325
	(4)	(737)	(65)
Tax

Q2 Snapshot (₹ in lakhs)

Quarterly KPIs (₹ in lakhs)

R & D Expenses and % to revenue

• Shift in customers moving from one-time to recurring revenue
• Recurring revenue continues to grow, in line with our focus on building annuity and multi-year contracts
• Doubled our investments in R&D on our platform

Revenue Metrics

Segmental Revenue Recurring / Non-Recurring Revenue

Client Composition and Relationship

Debt status (Rs Lacs)

Particulars	As at	As at	As at
	March 31, 2021	September 30, 2021	October 31, 2021
Loan from Banks	5,600	5,584	5,360
Promoters	5,239	5,239	4,650
Convertible - Note Gross Debt	3,109 13,947	3,189 14,012	- 10,010
Cash in Hand	3,448	1,094	6,949
Net Debt	10,500	12,918	3,061
		Gross Debt reduction due to repayment of promoter loans
	and conversion of Note to Equity in HCTI.
		Net Debt reduced by Rs 100 Crores, due to the HCTI IPO
		Proprietary and Confidential. © 2021 SecureKloud Technologies Ltd.

Head count metrics

Head Count ( Incl Contractors)	Q2 FY21	Q1 FY22	Q2 FY22
Software Professional	425	474	495
S&M G&A	39 50	60 56	65 60
Total	514	590	620
Women employees represent 22% of total headcount
	Proprietary and Confidential. © 2021 SecureKloud Technologies Ltd.

Proprietary and Confidential. © 2021 SecureKloud Technologies Ltd.