Sify Technologies : FINANCIAL PRESENTATION Q2 & H1 Update, FY 2020-21

Q2 & H1 FY 2020-21 UPDATE

April - July - September 2020

investor presentation

October 2020

85

70

55

40

25

7

6

5

4

3

2

1

FINANCIAL METRICS FOR Q2 FOR LAST 5 YEARS

In $ MN in constant currency 1 USD @ INR 73.80 (September 30, 2020)

			Revenue								EBITDA
							17
							14
			75	79	80		11					14	16
		66
	60
					8				10
								10
							9
							5
	Q2 16-17	Q2 17-18	Q2 18-19	Q2 19-20	Q2 20-21*	Q2 16-17	Q2 17-18	Q2 18-19	Q2 19-20	Q2 20-21*
			PBT								PAT**
							4
							3
					6		2			3	3	3	3
				4
		3	3			2
	2
					1
								Q2 16-17	Q2 17-18	Q2 18-19	Q2 19-20	Q2 20-21*
	Q2 16-17	Q2 17-18	Q2 18-19	Q2 19-20	Q2 20-21*

*Unaudited Numbers	**PAT for the Q2 Jun 19 & Jun 20 is after considering a tax expense of $1.21 Mn & $ 2.13 Mn respectively (previous periods Nil)
due to set-off of carried forward loss till FY 2018-19

170

155

140

125

110

95

80

65

50

FINANCIAL METRICS FOR H1 FOR LAST 5 YEARS

In $ MN in constant currency 1 USD @ INR 73.80 (September 30, 2020)

		Revenue						EBITDA
					35
					30
					25
		138	153	151	20				32
116	127			15			20	26
				19
				17
					10
H1 16-17	H1 17-18	H1 18-19	H1 19-20	H1 20-21*	H1 16-17	H1 17-18	H1 18-19	H1 19-20 H1 20-21*

			PBT						PAT**
9						8
					7
7
					6
5				8	9	5			6		6
			6		4		5	6
		5
3	4			4
			3
1						2
H1 16-17	H1 17-18	H1 18-19	H1 19-20	H1 20-21*	H1 16-17	H1 17-18	H1 18-19	H1 19-20	H1 20-21*

*Unaudited Numbers	**PAT for the H1 19 -20 & 20-21 is after considering a tax expense of $2.62 Mn & $ 3.40 Mn respectively (previous periods Nil)
due to set-off of carried forward loss till FY 2018-19

FINANCIAL METRICS FOR THE LAST 5 YEARS

		In $ MN in constant currency	1 USD @ INR 75.39 (March 31, 2020)
					Revenue								EBITDA
325									60
								50
275
225									40
175				245	274	286	304		30					41	54
125			199				34	38
						20		33
75
25									10
							FY 15-16	FY 16-17	FY 17-18	FY 18-19	FY 19-20
	FY 15-16	FY 16-17	FY 17-18	FY 18-19	FY 19-20
					PAT							Capital Expenditure
20									60
15									45
10						14			30					53	58
					12
5				9	9		15
		6					21	22	24
-
								-
	FY 15-16	FY 16-17	FY 17-18	FY 18-19	FY 19-20
			FY 15-16	FY 16-17	FY 17-18	FY 18-19	FY 19-20
Audited Numbers	Income Tax Expense for the FY 19-20 is $5 Mn (previous FYs Nil)

FINANCIAL METRICS FOR LAST 5 YEARS

IN CONSTANT CURRENCY 1 USD @ INR 75.39 (MARCH 31, 2020)

Audited Numbers

INCOME STATEMENT

Details	15-16	16-17	17-18	18-19	19-20
Revenue	199	245	274	286	304
COGS	(121)	(157)	(178)	(180)	(191)
SG&A	(46)	(53)	(58)	(65)	(60)
EBITDA	32	34	38	41	54
Depreciation	(21)	(23)	(23)	(20)	(30)
Net finance Expense	(7)	(4)	(5)	(9)	(11)
Other income	1	2	3	3	1
PROFIT BEFORE TAX (PBT)	6	9	12	14	14
Income Tax Expense #	-	(0)	(0)	(0)	(5)
PROFIT AFTER TAX (PAT)	6	9	12	14	9
CASH FLOW STATEMENT
Cash flows	15-16	16-17	17-18	18-19	19-20
Operating activities	32	23	28	19	67
Investing activities	(21)	(21)	(24)	(53)	(57)
Financing activities	(8)	(3)	(14)	41	0
Cash and cash equivalents	23	25	30	30	35

BALANCE SHEET

Details	13-14	14-15	15-16	16-17	17-18	18-19	19-20
Equity	92	95	99	110	119	143	151
Borrowings (LT)	8	9	13	12	27	44	50
Borrowings (ST)	20	31	34	47	48	65	74
Lease Liabilities	-	-	-	-	-	-	24
Other Liabilities	67	86	100	118	131	145	156
Total Liabilities			187	222	247	286	324	397	454
Fixed assets	82	86	92	95	103	122	166
Right of Use Assets	-	-	-	-	-	-	51
Lease hold prepayments	11	11	12	13	18	18	-
Inventories	3	2	10	16	9	23	17
Receivables	65	88	98	116	142	168	160
Cash	17	20	23	25	30	30	35
Other Assets	10	15	12	20	22	37	25
Total Assets	187	222	247	286	324	397	454

IMPACT OF COVID ON SERVICE LINES

Negative		Neutral		Positive

The green squares represent positive growth, while the red circles represent negative growth.

India falls under

Emerging Asia/Pacific

Note: Managed Services and Cloud Infrastructure are Green

Each dot represents 5% growth

SIFY COVID-19RESPONSE: BUSINESS SOLUTIONS FOR MARKET

CONNECT	COLLABORATE	SECURE	DESKTOP-AS-A	BCP SUPPORT
			SERVICE
Provide the	Ensure the diversely	Ensure disparate	Working with	On-prem
requisite bandwidth	located staff can	staff entering the	customers to	data center
upgrade at DC/DR	collaborate using	Corporate Network	enable staff to WFH	customers hugely
to cater to large no	tools like WebEx,	are provided secure	in a secured	impacted and few
of (WFH) Work	Microsoft Teams	access using VPN or	environment using	of them requested
from Home users	etc.	Enterprise	Desktop-as-a-	immediate Cloud
accessing the DC.		Application Access.	Service on Cloud by	Provisioning support
			implementing	to enable
			Hyperscale VDI.	uninterrupted
				services.

SIFY SERVICES ALIGNMENT : FULL SPECTRUM OF CLOUD PLAY

CLOUD ENABLING

• Cloud DC
• Hyper reach/Hyper scale

transport

Oracle FastConnect | ExpressRoute | DirectConnect | Partner Interconnect

• Software Defined Network services
• Cloud build

Private | Hyperconverged | Enterprise

• Security services for cloud
• Migration and Implementation services

CLOUD INSPIRED

• Sify CloudInfinit
• Hosted SAP/S4HANA Cloud
• Managed wireless network
• UC on Cloud

CLOUD PURE

• AWS Cloud services
• Azure Cloud services
• Oracle Cloud services
• Multi Cloud Management platform
• Multi Cloud Managed services

CLOUD ENHANCED

• Digital SCM (ForumNXT, SFFNxt)
• Digital Learning (Livewire LMS)
• Digital Assessment (iTest)
• Digital trust (Safescrypt)
• Digital Innovation (App modernization, Analytics, AI/ML, DevOps)
• Enterprise Mobility
• Industry solution-as-a-service

Aligned to our Customer's Cloud Transformation Pursuit	8

OFFERED OFF THE COMPLETE ICT ECOSYSTEM

TECHNOLOGY INTEGRATION SERVICES

APPLICATIONS INTEGRATION SERVICES

	CLOUD AND MANAGED SERVICES
NETWORK SERVICES	DATA CENTER SERVICES

India's widest MPLS and

Partner network

The DC fabric offering the most

Interconnects to the Cloud from

India