CONTENTS

DRUVA DATA SOLUTIONS PRIVATE LIMITED

Financial Report
Profit and Loss Stand As Rep 2
Balance Sheet Stand As Rep 3
Ratios Stand As Rep 4
 2 PROFIT AND LOSS STAND AS REP
DRUVA DATA SOLUTIONS PRIVATE LIMITED

Figures in (Rs. Crores)

Particulars Rupees In1 FY22 FY21 FY20 FY19 FY18 FY17 FY16

Total Revenue Rs. Crores 276 199 180 144 107 105 79.5

Revenue From Sale Of Services Rs. Crores 180 132 95.7 97.3 79.4

Other Operating Revenues Rs. Crores 2.7

Other Income Rs. Crores 2.3 0.94 0.10 0.19 0.05 1.3 0.14

Revenue From Sale Of Products Rs. Crores 274 198 11.8 8.8 6.3

Revenue From Operations Rs. Crores 274 198 180 144 107 104 79.4

Total Expenses Excluding Depreciation And Finance Cost Rs. Crores 237 170 159 126 92.2 83.4 73.6

Employee Benefit Expense Rs. Crores 188 137 115 90.1 64.4 56.3 41.9

CSR Expenditure Rs. Crores 0.45 0.26 0.07 0.05 0.02 0.01

Other Expenses Rs. Crores 48.3 32.9 43.4 35.8 27.8 27.1 31.7

EBITDA Rs. Crores 39.5 28.8 21.3 17.8 15.1 21.6 6

Depreciation Expense Rs. Crores 4.5 2.9 1.5 1.3 0.96

Amortisation Expenses Rs. Crores 6.1 5.3 0.21 6.8 6.8 6.8

Total Depreciation, Depletion And Amortisation Expense Rs. Crores 6.1 5.3 4.5 3.1 8.3 8.1 7.7

Prior period items before tax Rs. Crores 3.8 9.9

PBT Rs. Crores 33.4 27.3 16.8 14.8 6.8 13.5 8.1

Total Tax Expense Rs. Crores 13.1 8.3 -15.4 3.2 1.2 3 2.1

Current Tax Rs. Crores 11.5 7.1 -9.6 3.2 1.2 3 1.7

Deferred Tax Rs. Crores 1.6 1.2 -5.8 0.39

Total Profit (loss) For Period Rs. Crores 20.3 18.9 32.1 11.6 5.6 10.5 6
 3 BALANCE SHEET STAND AS REP
DRUVA DATA SOLUTIONS PRIVATE LIMITED

Figures in (Rs. Crores)

Particulars Rupees In1 FY22 FY21 FY20 FY19 FY18 FY17 FY16

Total Shareholder's Funds Rs. Crores 110 89.3 70.3 38.2 26.6 21.1 10.6

Share Capital Rs. Crores 2.5 2.5 2.5 2.8 2.8 2.8 2.8

Reserves And Surplus Rs. Crores 107 86.8 67.8 35.5 23.9 18.3 7.8

Total Non Current Liabilities Rs. Crores 3.6 3.1 3.4 6.2 4.2 4 4.1

Long Term Provisions Rs. Crores 1.6 1.3 0.59 0.95 2 1.1

Other Long Term Liabilities Rs. Crores 2 1.8 2.8 5.2 2.2 2.9 4.1

Total Current Liabilities Rs. Crores 48.3 32.8 31.7 35.3 63.5 85.1 76.9

Trade Payables Rs. Crores 21 14.4 17.7 22 51.5 68.7 63

Short Term Provisions Rs. Crores 7.7 4.7 3.1 5.2 2.7 4.4 3.4

Other Current Liabilities Rs. Crores 19.6 13.6 10.9 8.1 9.3 11.9 10.6

Total Equity And Liabilities Rs. Crores 161 125 105 79.7 94.4 110 91.7

Total Non Current Assets Rs. Crores 31.4 34.3 37.8 20.5 7.6 18 24.3

Intangible Assets Rs. Crores 0.15 0.30 0.49 0.69 0.54 7.3 13.8

Tangible Assets Rs. Crores 12.6 9.2 11.9 12.7 2.8 2.6 2

Long Term Loans And Advances Rs. Crores 15.8 20.3 19.6 7.1 4.2 8.1 8.4

Deferred Tax Assets (net) Rs. Crores 2.9 4.6 5.8

Total Current Assets Rs. Crores 130 90.8 67.7 59.2 86.8 92.2 67.4

Trade Receivables Rs. Crores 92.9 69.4 40.2 36.9 52.5 82.7 60

Cash And Bank Balances Rs. Crores 24.4 11.5 18.3 15.7 23.9 4.7 3.9

Short Term Loans And Advances Rs. Crores 12.5 9.9 8.9 6.7 10.3 4.7 3.4

Other Current Assets Rs. Crores 0.23 0.08 0.24 0.001 0.02 0.02
 3 BALANCE SHEET STAND AS REP
DRUVA DATA SOLUTIONS PRIVATE LIMITED

Particulars Rupees In1 FY22 FY21 FY20 FY19 FY18 FY17 FY16

Total Assets Rs. Crores 161 125 105 79.7 94.4 110 91.7
4 Ratios Stand As Rep
DRUVA DATA SOLUTIONS PRIVATE LIMITED

Particulars FY23 FY22 FY21 FY20 FY19

Leverage Ratios

Current Liabilities / Net Worth 0.44 0.37 0.45 0.92

Fixed Assets / Net Worth 0.12 0.11 0.18 0.35

Gross Debt / Book Equity

Debt/Equity (Shareholder's Funds Basis)

Debt Service Coverage Ratio

Equity Ratio 0.68 0.71 0.67 0.48

Long-Term Debt / Equity

Short-Term Debt / Equity

Gross Debt / Ebitda

Net Debt / Book Equity -9.7 -4.6 -7.3 -5.6

Net Debt / Ebitda -0.62 -0.40 -0.86 -0.88

Interest Coverage Ratio

Average Interest % On Debt(%)

Net Worth (Rs. Thousand) 10,95,692 8,92,892 7,03,498 3,82,304

Liquidity Ratios

Current Ratio 2.7 2.8 2.1 1.7

Working Capital (Rs. Thousand) 8,17,792 5,80,492 3,60,020 2,38,772

Cash Balance (Rs. Thousand) 2,44,400 1,14,900 1,83,093 1,56,618

Cash To Sales (%) 8.9% 5.8% 10.2% 10.9%

Days Of Sales Outstanding 124 128 81.6 93.7

Inventory Days

Days Inventory Outstanding (Cogs Basis)

Trade Payables (Creditors) (Rs. Thousand) 2,09,508 1,44,408 1,77,496 2,20,440

5 Ratios Stand As Rep
DRUVA DATA SOLUTIONS PRIVATE LIMITED

Particulars FY23 FY22 FY21 FY20 FY19

Payable Days 27.9 26.6 36 56

Days Payable Outstanding (Cogs Basis)

Cash Conversion Cycle 95.8 101 45.6 37.7

Cash Days 31.9 20.8 36.6 39.2

Gross Current Asset Days 171 165 135 148

Net Working Capital As A % Of Sales(%)

Cash Flow From Operations (Rs. Thousand) 2,20,200 -45,000 55,966 43,595

Cogs (Rs. Thousand)

Operating Expense Ratio 85.7 85.5 88.2 87.6

Profitability Ratios

Ebitda To Sales(%) 14.4% 14.5% 11.8% 12.4%

Total Cost (Exc. Depn And Fc) To Sales 0.86 0.86 0.88 0.88

Sales \ Net Fixed Assets 21.5 21 14.6 10.7

Operating Profit Margin 12.2 11.9 9.3 10.3

Net Profit Margin 7.4 9.6 17.9 8.1

Gross Profit (Rs. Thousand) 27,61,900 19,91,300 18,00,560 14,38,070

Gross Profit (%) 100% 100% 100% 100%

Return On Assets(%) 12.6% 15.1% 30.5% 14.5%

Return On Equity(%) 18.5% 21.2% 45.7% 30.3%

Return On Capital Employed(%) 29.5% 25.4% 22.7% 33.2%

Return On Investment (%)

Growth Ratio

Revenue Growth (%) 38.2% 10.1% 25.3% 33.9%

Profitability Growth (%) -100% 7.1% -41% 177% 109%

6 Ratios Stand As Rep
DRUVA DATA SOLUTIONS PRIVATE LIMITED

Particulars FY23 FY22 FY21 FY20 FY19

Section 186 Of Companies Act

60% Of Share Capital + Free Reserves + Securities Premium Account (Rs. Thousand) 10,85,655 8,82,855 6,93,461 3,71,193

100% Of Free Reserve + Security Premium (Rs. Thousand) 10,70,600 8,67,800 6,78,406 3,54,526