NSE & BSE / 2022-23 / 116

October 19, 2022

The Manager The Manager

Corporate Services, Corporate Services,
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, Bandra Kurla Complex, 14th Floor, P J Towers, Dalal Street,
Bandra (E), Mumbai 400 051 Mumbai 400 001

Ref: Symbol: PERSISTENT Ref: Scrip Code: 533179

Dear Sir/Madam,

Sub: Resubmission of Fact Sheet Consolidated Financial Data for the quarter and half year
ended September 30, 2022\
Ref: Our earlier submission under reference no. NSE & BSE / 2022-23 / 114 dated October 19,

It was observed that the Analyst presentation and Fact sheet that was uploaded under the above referred
submission had some formatting errors. Therefore, we are uploading the same contents of the Analyst
Presentation and Factsheet with the revised formatting.

Please note that except for those formatting changes, there are no changes in the information provided in
the earlier submission.

Please acknowledge the receipt.

Thanking you,

Yours Sincerely,
For Persistent Systems Limited

Amit Atre
Company Secretary
ICSI Membership No.: A20507

Encl: As above

Persistent Systems Limited, Bhageerath, 402 Senapati Bapat Road, Pune 411 016, Maharashtra, India
CIN - L72300PN1990PLCO56696
Tel: +91 (20) 670 30000 | Fax - +91 (20) 6703 0008 | E-mail - [email protected] | Website - www.persistent.com
Analyst Presentation
Quarter Ended September 30, 2022

October 19, 2022

Forward-looking and cautionary statements

Certain statements in this Presentation concerning our future growth prospects are forward-looking statements, which involve a number of risks and uncertainties that
could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not
limited to, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, intense competition in IT services including those factors which may
affect our cost advantage, our revenues highly dependent on customers located in the United States, wage increases in India, our ability to attract and retain highly skilled
professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, industry segment concentration, our
ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks or system failures, our
ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, concentration of major operations of the Company in one
city, withdrawal of governmental fiscal incentives, political instability and regional conflicts, legal restrictions on raising capital or acquiring companies outside India, and
unauthorized use of our intellectual property and general economic conditions affecting our industry. The Company may, from time to time, make additional written and oral
forward-looking statements, including statements contained in the Company's filings with the Stock Exchanges and our reports to shareholders. The Company does not
undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company.
We are Persistent.
A trusted Digital Engineering and Enterprise Modernization partner.

$255.6M $1,022.2M $913.5M ₹2.2B

FY23 Q2 Revenue Annualized revenue run rate TTM Revenue FY23 Q2 PAT
based on Q2FY23
+40.2% YoY +41.0% YoY +36.0% YoY

$368M ₹107.49 $3.3B 22,476

Total Contract Value (TCV) TTM EPS Market Cap Employees
Booking
+43.7% YoY +41.5% YoY

* 1 USD = INR 81.64 ** Market cap as on September 30, 2022

Strong global presence with 22,000+ team members across key geographies

North & Rest of

Central America Europe India the world
78.6% 8.3% 11.5% 1.6%
Revenue Revenue Revenue Revenue

2,130 383 19,769 194

Employees Employees Employees Employees
Our core strengths in Digital Engineering fuel the next wave of transformation for our clients

Software, Hi-Tech Banking, Healthcare &

& Emerging Financial Services Life Sciences
Industries & Insurance
Accelerate
Time to Market

Enable
Product & Platform Engineering Business Agility

Unlock
CX & Design-Led Transformation Growth

Maximize
Value Creation
Data & Artificial Intelligence Drive
Enterprise Simplification

Cloud-enabled Enterprise Modernization

We are helping market leaders transform their industries

14 of 30 45+
Most Innovative US Companies Global Fortune 500
Companies
As rated by Boston Consulting Group

8 of 10 25+
Banking Largest Banks in both Global FinTechs
US & India

6 of 10 4 of 10
Top Medical Device Top US Health Systems
Companies & Payors
Healthcare & Life Sciences
3 of 5 5 of 10
Top CROs & Analytical Top Pharmaceutical
Instrument Companies Companies
We continue to be recognized for our customer excellence and expertise

Our 2021 awards build on our previous recognition from ISG

Persistent was recognized in 2020 as the leader for Customer and Delivery
Excellence in BFSI, HCLS, North America and APAC.
Analyst recognition — Gartner

Named as a Niche Player in the 2022

Gartner® Magic Quadrant for Public
Cloud IT Transformation Services

We have received this recognition from Gartner for second year

in a row. MediaAgility was acquired by Persistent in March
2022 b ’
Google Business Unit. As a Google Cloud Premier Partner and
a strategic IT Transformation services provider, Persistent is
focused on delivering transformational cloud-native solutions Media Agility
acquired by
that enable businesses to stay relevant and benefit from the Persistent

public cloud platform capabilities.

The Gartner Magic Quadrant recognizes our strong GCP

capabilities, people-first focus, and DevOps delivery style.
We are building on our long-term growth journey

16.1% 23.5% 914

Revenue CAGR Revenue CAGR

from IPO to FY22 between FY20 and FY22 766

566
502
471 481
429

352
309
274
238
207
170
127

FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 TTM

* In USD Million
 Delivering consistent growth in revenue and margins

Quarterly Revenue ($M), % QoQ and % YoY Growth EBIT and PAT Margin %

300.0 50.0%
44.8%
280.0 42.2% 45.0%
40.2%
260.0 36.2% 40.0%
34.0% 14.3% 14.6%
240.0
255.6 35.0% 13.9% 14.0% 14.0%
13.5%
241.5 13.2%
27.3% 12.7%
220.0 30.0%

217.3
200.0 25.0%
20.3% 12.4% 12.3% 12.3%
199.1 12.0% 11.8%
180.0 20.0% 11.2% 11.3%
182.3 10.7%
12.9%
160.0 15.0%
166.8
140.0 152.8 10.0%
146.2
120.0 5.0%

100.0 0.0%
Q3FY21 Q4FY21 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 Q3FY21 Q4FY21 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23

7.4% 4.6% 9.2% 9.3% 9.2% 9.1% 11.1% 5.8%

Quarterly Revenue ($M) YoY Growth % QoQ Growth % EBIT% PAT%

 On account of broad-based growth across all industry segments

Quarterly Revenue ($M), % YoY Growth

Software, Hi-Tech and Banking, Financial Healthcare

Emerging Industries* Services & Insurance & Life Sciences
70.0%

90.0 90%
55.0

80.0 57%
85%

74.0% 80%

60.0%

80.0
75% 50.2% 50.0
50%

70% 70.0
43%

70.0
65%
50.0%

45.0
29.6%
60%
36%

55%

60.0

29%
50%
40.0%

60.0
40.0

45%

40%
14.1% 22%

50.0

27.9%
35%
30.0%

15%
50.0
35.0

30%

25%
8%

40.0

20%
20.0%

40.0 30.0

1%

15%

10%
9.0% -6%

30.0
5%
10.0%
30.0 25.0

0%

-13%

48.2 99.0 -5%

43.0 84 27.9 50.2

20.0 -10% 0.0% 20.0 20.0 -20%

Revenue %YoY Revenue %YoY Revenue %YoY

* This chart excludes revenue from the top client

Leading to lower client concentration, broad-bas d g owth…

Client Concentration Large Client Count

Top 10 clients as % of total revenue >$5M Annual Revenue

30

47.0%
46.3% 46.7% 26
45.4% 45.0% 25
24
22
42.1% 21
40.7%

17 17
36.7%

Q3FY21 Q4FY21 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 Q3FY21 Q4FY21 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23
…a d s g f ca t sha hold valu c at o

’ Persistent 1-Year Relative Stock Performance*

v/s NIFTY 50 & NIFTY IT Index

-12.8%
1 year return
0.8%

3 year return 477.8% 11.2%

-3%

-13%

-23%

5 year return 383.9% 12.5%

Sep-21 Dec-21 Feb-22 May-22 Jul-22 Sep-22

Share Price Return Div Yield% NIFTY NIFTY IT Persistent

11/ ’22 ( 31/ FY22) * Stock performance till September 30, 2022
Performance Highlights
As we cross $1 billion in annualized revenue
run rate and INR 2,000 crore in quarterly
revenue, I want to thank all the employees,
clients and partners that contributed to our
growth journey along the way. We have
achieved this milestone through continued
passion and persistence.
Dr. Anand Deshpande
Founder, Chairman and Managing Director
We are proud to announce another quarter of strong
performance as we surpassed $1 billion in annualized
revenue run rate — delivering 5.8% sequential and
40.2% year-over-year growth. We are also pleased to
share that Persistent is included in three indices of the
National Stock Exchange in India — the Nifty Midcap
50, Nifty IT, and the Nifty Midcap Liquid 15.

Our sustained momentum would not have been

possible without the ongoing trust and support of our
clients, partners, and employees.
Sandeep Kalra
Chief Executive Officer and Executive Director
Financial highlights for Q2 FY23

Revenue ($ million) 5.8% Q-o-Q 40.2% Y-o-Y Revenue (₹ million) 9.1% Q-o-Q 51.6% Y-o-Y

20,486.4
255.56 18,781.1
241.52

182.32 13,512.5

Q2FY22 Q1FY23 Q2FY23 Q2FY22 Q1FY23 Q2FY23

EBIT (₹ million) 11.1% Q-o-Q 59.4% Y-o-Y PAT (₹ million) 4.0% Q-o-Q 36.0% Y-o-Y

2,986.6
2,200.1
2,687.8 2,116.1

1,873.1 1,617.5

Margin % 13.9% 14.3% 14.6% Margin % 12.0% 11.3% 10.7%

Q1FY22 Q1FY23 Q2FY23 Q1FY22 Q1FY23 Q2FY23

TCV and ACV bookings in Q2 FY23

Trailing Twelve Month TCV* $1,457.1M Trailing Twelve Month TCV (New) $811.3M

394.0
361.0 367.8 230.3 228.3
334.3 195.1
157.6

Q3FY22 Q4FY22 Q1FY23 Q2FY23 Q3FY22 Q4FY22 Q1FY23 Q2FY23

Trailing Twelve Month ACV* $1,087.4M Trailing Twelve Month ACV (New) $536.4M

291.3 139.8
271.2 131.0 137.0
261.9 263.0 128.6

Q3FY22 Q4FY22 Q1FY23 Q2FY23 Q3FY22 Q4FY22 Q1FY23 Q2FY23

*Includes renewal and new bookings
Notable News and Achievements
Key wins for the quarter

Software, Hi-Tech & Banking, Financial Services Healthcare

Emerging Industries & Insurance & Life Sciences

Establishing a professional services Providing industry-specific Salesforce Leveraging industry and platform
Center of Excellence for a leading expertise to enhance customer expertise to support the automation
connected enterprise software company experience for a large fintech company Center of Excellence of a
biopharmaceutical services company

Launching a dedicated development Designing an integration platform to Redesigning applications and building
center to scale software product delivery structure APIs and ensure seamless continuous development capabilities to
for a leader in EHS and risk management services for the customers of a pioneer in streamline the B2B ecosystem for a
software solutions embedded investing health insurance company

Developing a multi-lingual OTT video Forming an extended engineering team to Building next-generation data platform
streaming mobile application for a leading develop an automated data-driven risk through transformative data-driven
digital media tech company and pricing platform for a fintech unicorn solutions for a biotechnology company
Recognition for the quarter

Persistent included in 3 indices of the National Stock Identified by Dun & Bradstreet as the Top Performer
Exchange of India – Nifty Midcap 50 Index, Nifty IT in the Growth Performance categories in Software
Index, Nifty Midcap Liquid Index and BPM sectors
Learn More Learn More

w ‘ w ’ ’ Bhageerath office in Pune receives the

TechGig Code Gladiators 2022 Platinum certification for Green Interiors from the
Indian Green Building Council
Learn More Learn More
ESG update

Call for Code

Persistent joined the United Nations Global Persistent hosted and kicked off the 2022 IBM Call
Compact as part of our commitment to being for Code Global Challenge in India, as a
a responsible organization. W ’ b w
w ’ Tech for Good initiative since
Learn More
2018. Learn More
News highlights for the quarter

Persistent Systems Delivers Persistent

Bridging the&Gap
Corestack
Between Consumption-Based Pricing- ‘B
Digital ,Surgery — The
Digital-first Banking
w‘ Announce&Global
Business IT: How Low- The Next Value Driver in IT ’
Future Has Already Arrived
Infrastructure ’ Zfor New Partnership to Accelerate
Code Helps Accelerate Services Jaideep Dhok and Parimal
Mukul Tripathi
Challenger GB Bank Digital Transformation
Innovation in
& Cultural Change
Preetpal Singh Anand Krishnan Muli
Multi-Cloud Environments
Preetpal Singh
Learn More Learn More Learn More Learn More

Featured as a Challenger in
Evolving Experience: CIO
A Spotlight
doctor walks into a bar: Is a Recession
Recognized as Coming?
a How the Healthcare &
Avasant Applied AI and
Transitioning from CX to PX Tackling image generation
R. Venkateswaran ’
Disrupter win Salesforce Pharma Sector can benefit
bias with Responsible AI Wisely Advanced Analytics
from integration low-code
Rajasekar Sukumar Services 2022 RadarViewTM Services 2022 RadarView™
technologies
Dattaraj Rao Nitha
reportPuthran
Joe Paxton
Learn More Learn More Learn More Learn More
Financial Details
Sequential Q2 FY23 vs Q1 FY23
Expenses / Sales % Expenses / Sales %
Particulars Q2FY23 Q1FY23 Change QoQ Q2FY23 Q1FY23
Revenue ($ M)
Services 235.58 224.60 4.9%
IP Led 19.98 16.92 18.1%
Revenue ($ M) 255.56 241.52 5.8%
₹/ $ 80.16 77.76 3.1%
R v u (₹ M) 20,486.41 18,781.11 9.1%
Cost of Revenue ₹ ₹
Employee Related Expenses 13,245.12 11,962.11 10.7% 64.7% 63.7%
Purchase / Royalty 249.88 276.93 -9.8% 1.2% 1.5%
Project Related Travel Expenses 133.38 194.10 -31.3% 0.7% 1.0%
Total Direct Costs 13,628.38 12,433.14 9.6% 66.5% 66.2%
Gross Profit 6,858.03 6,347.97 8.0% 33.5% 33.8%
Sales & Marketing Expenses 1,575.02 1,533.65 2.7% 7.7% 8.2%
Admin. & Other Expenses 1,536.52 1,468.12 4.7% 7.5% 7.8%
Doubtful Debt Provision 35.49 (5.76) -716.1% 0.2% 0.0%
CSR Activities 31.36 19.04 64.7% 0.2% 0.1%
Total SGA 3,178.39 3,015.05 5.4% 15.5% 16.1%
EBITDA 3,679.64 3,332.92 10.4% 18.0% 17.7%
Depreciation 243.95 222.08 9.8% 1.2% 1.2%
Amortization 449.12 423.04 6.2% 2.2% 2.3%
EBIT 2,986.57 2,687.80 11.1% 14.6% 14.3%
Other Income / (Loss) 60.79 89.15 -31.8% 0.3% 0.5%
Exchange Gain / (Loss) (91.32) 41.80 -318.5% -0.4% 0.2%
PBT 2,956.04 2,818.75 4.9% 14.4% 15.0%
Tax 755.90 702.63 7.6% 3.7% 3.7%
PAT 2,200.14 2,116.12 4.0% 10.7% 11.3%
EPS (₹) 29.61* 28.50* 3.9%
* For EPS calculation, shares held by ESOP Trust are excluded
YoY Comparison Q2 FY23 vs Q2 FY22
Expenses / Sales % Expenses / Sales %
Particulars Q2FY23 Q2FY22 Change YoY Q2FY23 Q2FY22
Revenue ($ M)
Services 235.58 159.51 47.7%
IP Led 19.98 22.81 -12.4%
Revenue ($ M) 255.56 182.32 40.2%
₹/ $ 80.16 74.11 8.2%
R v u (₹ M) 20,486.41 13,512.49 51.6%
Cost of Revenue ₹ ₹
Employee Related Expenses 13,245.12 8,783.68 50.8% 64.7% 65.0%
Purchase / Royalty 249.88 171.45 45.7% 1.2% 1.3%
Project Related Travel Expenses 133.38 26.90 395.8% 0.7% 0.2%
Total Direct Costs 13,628.38 8,982.03 51.7% 66.5% 66.5%
Gross Profit 6,858.03 4,530.46 51.4% 33.5% 33.5%
Sales & Marketing Expenses 1,575.02 1,167.88 34.9% 7.7% 8.6%
Admin. & Other Expenses 1,536.52 1,105.21 39.0% 7.5% 8.2%
Doubtful Debt Provision 35.49 (6.67) -632.1% 0.2% 0.0%
CSR Activities 31.36 20.10 56.0% 0.2% 0.1%
Total SGA 3,178.39 2,286.52 39.0% 15.5% 16.9%
EBITDA 3,679.64 2,243.94 64.0% 18.0% 16.6%
Depreciation 243.95 168.12 45.1% 1.2% 1.2%
Amortization 449.12 202.71 121.6% 2.2% 1.5%
EBIT 2,986.57 1,873.11 59.4% 14.6% 13.9%
Other Income / (Loss) 60.79 292.88 -79.2% 0.3% 2.2%
Exchange Gain / (Loss) (91.32) 10.33 -984.0% -0.4% 0.1%
PBT 2,956.04 2,176.32 35.8% 14.4% 16.1%
Tax 755.90 558.79 35.3% 3.7% 4.1%
PAT 2,200.14 1,617.53 36.0% 10.7% 12.0%
EPS (₹) 29.61* 21.16 39.9%
* For EPS calculation, shares held by ESOP Trust are excluded
YoY Comparison H1 FY23 vs H1 FY22
Expenses / Sales % Expenses / Sales %
Particulars H1FY23 H1FY22 Change YoY H1FY23 H1FY22
Revenue ($ M)
Services 460.18 304.44 51.2%
IP Led 36.90 44.70 -17.4%
Revenue ($ M) 497.08 349.14 42.4%
₹/ $ 79.00 73.93 6.9%
R v u (₹ M) 39,267.52 25,811.75 52.1%
Cost of Revenue ₹ ₹
Employee Related Expenses 25,207.23 16,704.50 50.9% 64.2% 64.7%
Purchase / Royalty 526.81 315.80 66.8% 1.3% 1.2%
Project Related Travel Expenses 327.48 134.81 142.9% 0.8% 0.5%
Total Direct Costs 26,061.52 17,155.11 51.9% 66.4% 66.5%
Gross Profit 13,206.00 8,656.64 52.6% 33.6% 33.5%
Sales & Marketing Expenses 3,108.67 2,269.19 37.0% 7.9% 8.8%
Admin. & Other Expenses 3,004.64 2,100.57 43.0% 7.7% 8.1%
Doubtful Debt Provision 29.73 (27.36) -208.7% 0.1% -0.1%
CSR Activities 50.40 55.10 -8.5% 0.1% 0.2%
Total SGA 6,193.44 4,397.50 40.8% 15.8% 17.0%
EBITDA 7,012.56 4,259.14 64.6% 17.9% 16.5%
Depreciation 466.03 301.52 54.6% 1.2% 1.2%
Amortization 872.16 419.40 108.0% 2.2% 1.6%
EBIT 5,674.37 3,538.22 60.4% 14.5% 13.7%
Other Income / (Loss) 149.94 549.26 -72.7% 0.4% 2.1%
Exchange Gain / (Loss) (49.52) 119.36 -141.5% -0.1% 0.5%
PBT 5,774.79 4,206.84 37.3% 14.7% 16.3%
Tax 1,458.53 1,076.83 35.4% 3.7% 4.2%
PAT 4,316.26 3,130.01 37.9% 11.0% 12.1%
EPS (₹) 58.15* 40.96 42.0%
* For EPS calculation, shares held by ESOP Trust are excluded
Balance Sheet (₹ M)
As on As on As on
Particulars
September 30, 2022 March 31, 2022 September 30, 2021
Assets

PPE and Intangible Assets 22,825.84 16,406.93 5,149.15

Non-Current Assets 2,854.65 5,413.30 4,642.75

Cash and Investments 15,718.98 17,472.98 18,704.34

Other Current Assets 20,722.62 14,847.76 11,864.52

Total 62,122.09 54,140.97 40,360.76

Equity and Liabilities

Equity 35,245.28 33,682.20 30,934.43

Non-Current Liabilities 7,428.71 6,249.22 1,209.51

Current Liabilities 19,448.10 14,209.55 8,216.82

Total 62,122.09 54,140.97 40,360.76

Fact Sheet
Fact Sheet

Nos. / % Q2FY23 Q1FY23 Q4FY22 Q3FY22 Q2FY22 FY22 FY21

Revenue from Operations, USD M 255.6 241.5 217.3 199.1 182.3 765.6 566.0

% Q-o-Q growth 5.8% 11.1% 9.1% 9.2% 9.3%

% Q-o-Q growth (constant currency) 6.6% 12.0% 9.3% 9.6% 9.5%

Revenue
% Y-o-Y growth 40.2% 44.8% 42.2% 36.2% 34.0% 35.2% 12.9%

Revenue from Operations, INR M 20,486 18,781 16,379 14,917 13,512 57,107 41,879

% Q-o-Q growth 9.1% 14.7% 9.8% 10.4% 9.9%

% Y-o-Y growth 51.6% 52.7% 47.1% 38.7% 34.1% 36.4% 17.4%

Description / % Q2FY23 Q1FY23 Q4FY22 Q3FY22 Q2FY22 FY22 FY21

Business Services 92.2% 93.0% 91.1% 86.7% 87.5% 88.2% 83.4%
Offerings
Revenue Mix IP Led 7.8% 7.0% 8.9% 13.3% 12.5% 11.8% 16.6%

Total 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%

Description / % Q2FY23 Q1FY23 Q4FY22 Q3FY22 Q2FY22 FY22 FY21

BFSI 32.8% 33.7% 32.4% 32.2% 30.7% 31.6% 30.8%

Segment
Healthcare & Life Sciences 19.7% 19.9% 20.7% 20.7% 21.2% 20.8% 19.3%
Revenue Mix
Software, Hi-Tech & Emerging Industries 47.5% 46.4% 46.9% 47.1% 48.1% 47.6% 49.9%

Total 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%

Fact Sheet

Description / % Q2FY23 Q1FY23 Q4FY22 Q3FY22 Q2FY22 FY22 FY21

North America 78.6% 78.4% 78.6% 79.2% 78.7% 78.8% 80.8%

Europe 8.3% 8.5% 8.4% 8.3% 8.8% 8.7% 9.2%

Geography
Revenue Mix
India 11.5% 11.3% 11.0% 10.9% 10.5% 10.6% 8.4%

ROW 1.6% 1.8% 2.0% 1.6% 2.0% 1.9% 1.6%

Total 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%

Description / % Q2FY23 Q1FY23 Q4FY22 Q3FY22 Q2FY22 FY22 FY21

Top 1 8.7% 11.7% 14.0% 17.5% 16.9% 16.2% 18.4%

Client
Top 5 26.9% 30.8% 32.5% 36.1% 35.8% 35.1% 38.7%
Contribution
Top 10 36.7% 40.7% 42.1% 45.0% 45.4% 44.6% 47.7%

Top 20 48.4% 51.2% 52.1% 54.1% 55.3% 53.7% 58.1%

Description / % Q2FY23 Q1FY23 Q4FY22 Q3FY22 Q2FY22 FY22 FY21

Global Development Centers 34.8% 36.5% 34.5% 31.4% 30.4% 32.1% 31.8%
Revenue
by Delivery India 57.4% 56.5% 56.6% 55.3% 57.1% 56.1% 51.6%
Centers
IP Led 7.8% 7.0% 8.9% 13.3% 12.5% 11.8% 16.6%

Total 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%

Fact Sheet

Nos. Q2FY23 Q1FY23 Q4FY22 Q3FY22 Q2FY22 FY22 FY21

Clients Billed Services 767 735 678 625 596 845 722

IP Led 134 129 125 122 130 237 239

Nos. Q2FY23 Q1FY23 Q4FY22 Q3FY22 Q2FY22 FY22 FY21

$30M+ 3 3 2 2 2 2 2

Client $20M – $30M 3 1 2 2 2 2 1

Engagement
Size $10M – $20M 6 7 6 6 5 6 4

$5M – $10M 18 15 15 14 13 15 10

$1M – $5M 116 104 93 90 84 93 66

Nos. Q2FY23 Q1FY23 Q4FY22 Q3FY22 Q2FY22 FY22 FY21

Technical 20,941 20,144 17,283 15,721 14,657 17,283 12,706

People
Sales and Business Development 387 367 317 294 296 317 273
Numbers
Others 1,148 1,127 999 974 926 999 701

Total 22,476 21,638 18,599 16,989 15,879 18,599 13,680

Fact Sheet

USD / Per Person Month Q2FY23 Q1FY23 Q4FY22 Q3FY22 Q2FY22 FY22 FY21

Linear
Revenue Per Global Delivery Centers 16,181 16,423 16,383 16,043 16,544 16,459 16,851
Billed PM*

India 4,498 4,387 4,317 4,252 4,307 4,291 4,250

% Q2FY23 Q1FY23 Q4FY22 Q3FY22 Q2FY22 FY22 FY21

Attrition Rate
TTM Basis 23.7% 24.8% 26.6% 26.9% 23.6% 26.6% 11.7%

Nos. Q2FY23 Q1FY23 Q4FY22 Q3FY22 Q2FY22 FY22 FY21

IP Led
IP Led Person Months 3,036 3,278 3,225 3,911 4,000 15,055 15,076

Nos. Q2FY23 Q1FY23 Q4FY22 Q3FY22 Q2FY22 FY22 FY21

DSO
Days 60 60 59 58 55 59 55
Fact Sheet

Description / Nos. / % Q2FY23 Q1FY23 Q4FY22 Q3FY22 Q2FY22 FY22 FY21

Billable Person Months 47,704 45,900 41,025 35,938 33,212 140,982 99,264

Global Delivery Centers 6,438 6,336 5,260 4,519 3,840 17,099 12,595

India 41,266 39,564 35,766 31,419 29,372 123,883 86,669

Billed Person Months 38,098 36,487 33,050 29,819 27,503 115,048 79,357

Efforts
and Utilization Global Delivery Centers 5,495 5,364 4,578 3,891 3,354 14,903 10,687
Mix — Linear

India 32,603 31,123 28,472 25,928 24,149 100,145 68,670

Linear Utilization

Blended 79.9% 79.5% 80.6% 83.0% 82.8% 81.6% 79.9%

Global Delivery Centers 85.4% 84.6% 87.0% 86.1% 87.3% 87.2% 84.8%

India 79.0% 78.7% 79.6% 82.5% 82.2% 80.8% 79.2%