© 2008 MindTree Consulting© 2008 MindTree LimitedCONFIDENTIAL: For limited circulation only
Investor PresentationJuly 2009
© 2008 MindTree LimitedCONFIDENTIAL: For limited circulation only Slide 2
Safe Harbor
Certain statements in this release 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, wage increases, 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, our ability to manage our
international operations, reduced demand for technology in our key focus areas, disruptions in
telecommunication networks, our ability to successfully complete and integrate potential
acquisitions, liability for damages on our service contracts, withdrawal of governmental fiscal
incentives, political instability, legal restrictions on raising capital or acquiring companies outside
India, and unauthorized use of our intellectual property and general economic conditions affecting
our industry. MindTree may, from time to time, make additional written and oral forward looking
statements, including our reports to shareholders. The Company does not undertake to update any
forward-looking statement that may be made from time to time by or on behalf of the company.
© 2008 MindTree LimitedCONFIDENTIAL: For limited circulation only Slide 3
MindTree At A Glance
FY 09 Consolidated Revenue: $269.1M
7,693 MindTree Minds In 19 locations
Positioned as the ‘Best Mid-SizedServices Company’
Ranked 1st in Most Admired KnowledgeEnterprise (MAKE) India: 2007 & 2008
Most Consistent Performer in BestEmployer Surveys: 2004 to 2008
National Award for Excellence inCorporate Governance 2008
© 2008 MindTree LimitedCONFIDENTIAL: For limited circulation only Slide 4
Our Values & Our DNA
© 2008 MindTree LimitedCONFIDENTIAL: For limited circulation only Slide 5
What We Offer
© 2008 MindTree LimitedCONFIDENTIAL: For limited circulation only Slide 6
IT Services
© 2008 MindTree LimitedCONFIDENTIAL: For limited circulation only Slide 7
R & D Services
© 2008 MindTree LimitedCONFIDENTIAL: For limited circulation only Slide 8
Outsourced Product Development Services
© 2008 MindTree LimitedCONFIDENTIAL: For limited circulation only Slide 9
Knowledge Services
© 2008 MindTree LimitedCONFIDENTIAL: For limited circulation only Slide 10
Infrastructure Management & Tech Support
© 2008 MindTree LimitedCONFIDENTIAL: For limited circulation only Slide 11
Independent Testing Services
© 2008 MindTree LimitedCONFIDENTIAL: For limited circulation only Slide 12
Some Of Our Clients
© 2008 MindTree LimitedCONFIDENTIAL: For limited circulation only Slide 13
A Proven Track Record With Global Enterprises
© 2008 MindTree LimitedCONFIDENTIAL: For limited circulation only Slide 14
A Proven Track Record With Global Enterprises
© 2008 MindTree LimitedCONFIDENTIAL: For limited circulation only Slide 15
What People Are Saying About MindTree
© 2008 MindTree LimitedCONFIDENTIAL: For limited circulation only Slide 16
A Passion For Client Satisfaction
90%95%
74%84% 83% 82%
89% 88%80%
91% 90%84%
93% 94%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09
© 2008 MindTree LimitedCONFIDENTIAL: For limited circulation only Slide 17
Our Unique Culture
© 2008 MindTree Consulting© 2008 MindTree LimitedCONFIDENTIAL: For limited circulation only
Financial Track Record
© 2008 MindTree Confidential
© 2008 MindTree LimitedCONFIDENTIAL: For limited circulation only Slide 19
Highlights of the Quarter ended June 30, 2009
� 239 active clients, including 32 Global Fortune 500 companies
$ MM Y/Y $ Y/Y Rs
Revenue 62.1 13.7% 36.3%
EBITDA 10.4 -10.0% 8.2%
PAT 11.6 466.2% 554.6%
MindTree Q1 FY10
© 2008 MindTree LimitedCONFIDENTIAL: For limited circulation only Slide 20
High Quality and Diversity of Revenues
Across Clients Across Geographies (Q1 FY 10)
And Industry Groups (Q1 FY 10)
Across Clients
Revenue Concentration
% of revenues
Q4 FY 09 Q1 FY 10
Top Client 6.7% 7.0%
Top 5 24.6% 26.4%
Top 10 37.2% 39.4%
Manufacturing 12.9%
Banking, Financial & Insurance 17.8%
T&T 15.1%
R&D Services (RDS) 14.1%
Software Product
Engineering (SPE) 29.3%
Others 10.8%
US67.3%
Europe 19.8%
India6.5%
APAC6.4%
Across Clients
© 2008 MindTree LimitedCONFIDENTIAL: For limited circulation only Slide 21
Key Operating Metrics
Ramp Up of Clients
Across Clients
Ramp Up of Clients
Across Clients
Across ClientsOnsite / Offshore Mix (Revenue)
Ramp Up of Clients
* - Including Trainees * * Consists of our RDS and SPE business
Revenue Mix
Onsite / Offshore Mix (Revenue) Headcount & Utilization
Key Customers
Q4 FY09 Q1 FY10
Onsite 28.6% 29.2%
Offshore 71.4% 70.8%
Q4 FY09 Q1 FY10
$1MM+ 64 60
$5MM+ 13 12
$10MM+ 3 3
Q4 FY09 Q1 FY10
Headcount 7,866 7,693
Utilization* 65.3% 61.1%
Q4 FY09 Q1 FY10
ITS 52.7% 56.6%
Product
Engineering
Services (PES)**
47.3% 43.4%
© 2008 MindTree LimitedCONFIDENTIAL: For limited circulation only Slide 22
Revised Guidance for FY 2009-10
�Revenue guidance of $255 – 270 Million (Rs 12,342 – 13,068 million)
�PAT of $ 30.4 – 36.8 million (Rs 1,471 – 1,781 million)
�EPS is expected to be in the range of Rs 37.4 – 45.3
�The above guidance is based on an average exchange rate of INR
48.4 = 1USD
© 2008 MindTree LimitedCONFIDENTIAL: For limited circulation only Slide 23
MindTree Is Different
Relentless Focus on Customer
Product Centric Approach and
Industry ExpertiseIP and Frameworks
Unique Culture
Attention
Attitude
Access
Agility
© 2008 MindTree Consulting© 2008 MindTree LimitedCONFIDENTIAL: For limited circulation only © 2008 MindTree Limited
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www.mindtree.com