DiGiSPICE Technologies Limited — PPTs, 21-11-2024: Investor Presentation

**Financial Highlights:** DiGiSPICE Technologies reported a customer Gross Transaction Value (GTV) of ₹107,818 Cr for FY24, reflecting a 3% quarterly increase but a 5% decline year-on-year. Revenue stood at ₹439 Cr, with service fees at ₹427 Cr. The gross margin for the quarter was ₹169.3 Cr, while indirect costs rose to ₹155.1 Cr due to corporate restructuring and increased personnel expenses. EBITDA was recorded at ₹14.2 Cr, demonstrating a 3% decline sequentially, and a net Profit After Tax (PAT) of ₹11.8 Cr, which is down by 7.1% year-on-year.

**Strategic Initiatives and Growth Drivers:** The company is aligning its focus towards becoming a prominent Fintech player. Growth initiatives include enhanced market penetration in assisted payments and innovative product offerings like savings and investment services. The ongoing application to acquire Spicebulls Investments Limited is aimed at diversifying into lending, complemented by leveraging their Payment Bank Infrastructure.

**Business Developments:** The amalgamation of Spice Money and other subsidiaries was approved by the board, signaling a strategic consolidation to streamline operations. Key growth was witnessed in CASA accounts, which saw a 268% year-on-year increase, with over 2,100 accounts being opened daily.

**Market Position and Competitive Advantage:** The company maintains a market share of approximately 17% in AEPS transactions and has experienced consistent year-on-year growth in number of accounts and GTV across its service offerings, positioning DiGiSPICE as a competitive player in the fintech space.

**Investor Implications:** With a strong performance in new account openings and strategic growth plans, investors should monitor DiGiSPICE closely for future growth opportunities, despite recent market price fluctuations impacting fair value assessments. The focus on improving service offerings and market reach presents a positive outlook for potential growth.