6-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of November 2021

Commission File Number: 001-40841

TDCX Inc.

750D Chai Chee Road,

#06-01/06 ESR BizPark @ Chai Chee

Singapore 469004

(65) 6309-1688

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F  ☒            Form 40-F  ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):  ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):  ☐

TABLE OF CONTENTS

Exhibit 99.1	Press Release
Exhibit 99.2	Third Quarter 2021 Results Presentation

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

TDCX INC.
By:	/s/ Laurent Junique
Name:	Laurent Junique
Title:	Executive Chairman and Chief Executive Officer

Date: November 24, 2021

EX-99.1

Exhibit 99.1

TDCX Inc. Announces Third Quarter 2021 Unaudited Financial Results

Singapore, November 24, 2021 – TDCX Inc. (NYSE: TDCX) (“TDCX” or the “Company”), a leading high-growth digital customer experience solutions provider for technology and blue-chip companies, today announced its unaudited financial results for the third quarter ended September 30, 2021.

Third Quarter 2021 Financial Highlights

• Total revenue of US$109.3 million, representing 41.3% year-on-year growth

• Net income of US$22.2 million, representing 46.7% year-on-year growth

• Basic and diluted EPS of US$0.18, representing 46.7% year-on-year growth

• EBITDA¹ of US$38.8 million, representing 51.1% year-on-year growth

• Full year 2021 outlook for revenue between US$403 and US$406 million, or S$549 and S$553  million², representing growth of approximately 26.7% at the midpoint, and EBITDA margins^1,3 of between 31.7% and 32.2%.

Mr. Laurent Junique, Chief Executive Officer and Founder of TDCX, said, “We kick off our first earnings as a public company on a strong footing. We were able to achieve record revenue this quarter despite the continued challenges of the pandemic. This is the result of our disciplined decision-making and long-term approach to driving quality growth.

Through our proven customer experience services model, strong track record, high-performing talent pool and established network in Asia and beyond, we have been able to bring onboard new clients and to gain ground in our newer markets. I would like to thank our people and our clients for their trust and confidence in us. We look forward to supporting more new economy companies in delivering transformative customer experiences as they fuel the growth of the digital economy,” Mr. Junique said.

¹ EBITDA or EBITDA margins are supplemental non-IFRS financial measures and should not be considered in isolation or as a substitute for financial results reported under IFRS (see “Reconciliations of non-IFRS financial measures to the nearest comparable IFRS measures” in the Form 6-K or presentation slides for more details).

² FX rate of US$1 = S$1.3611 assumed in converting financials from SG dollar to US dollar.

³ Excludes Performance Share Plan costs, which will be recognized from 4Q 2021 onwards.

Revenue (millions)		Basic & diluted EPS		EBITDA1 (millions)
US$109.3 Q3 2021	US$77.3 Q3 2020	US$0.18 Q3 2021	US$0.12 Q3 2020	US$38.8 Q3 2021 35.5% margin	US$25.7 Q3 2020 33.3% margin
+41.3%		+46.7%		+51.1%

Third Quarter 2021 Business Highlights

• Revenue increased across all three business segments and all geographies

• Strong growth in Sales and Digital Marketing revenue of 93.4% year-on-year

• First revenue contribution from Latin America with the commencement of a Content Monitoring and Moderation campaign in Colombia

• Revenue contribution from new economy⁴ clients rose to 93.4%

• Signed up 16 new logos since the start of 2021

Full year 2021 Outlook

For the full year 2021, TDCX expects its financial results to be:

2021 Outlook
Revenue (in millions)2	S$549 to S$553 or US$403 to US$406
Revenue growth (YoY) at midpoint	26.7%
EBITDA margin1.3	31.7% to 32.2%

1 EBITDA or EBITDA margins are supplemental non-IFRS financial measures and should not be considered in isolation or as a substitute for financial results reported under IFRS (see “Reconciliations of non-IFRS financial measures to the nearest comparable IFRS measures” in the Form 6-K or presentation slides for more details).

2 FX rate of US$1 = S$1.3611 assumed in converting financials from SG dollar to US dollar.

3 Excludes Performance Share Plan costs, which will be recognized from 4Q 2021 onwards.

4 “New Economy” refers to high growth industries that are on the cutting edge of digital technology and are the driving forces of economic growth

Webcast and Conference Call Information

The TDCX senior management will host a conference call to discuss the third quarter 2021 unaudited financial results.

A live webcast of this conference call will be available on TDCX’s website. Access information on the conference call and webcast is as follows:

Date and time:	November 24, 2021, 7:30 AM (U.S. Eastern Time)
	November 24, 2021, 8:30 PM (Singapore / Hong Kong Time)
Webcast link:	https://webinars.on24.com/q4/TDCXThirdQuarter2021
Dial in numbers:	USA Toll Free: +1 855 2656958         UK Toll Free +44 0 800 0156371
	Singapore: +65 3158 0246                   Hong Kong: +852 5808 0984
	International: +1 718 7058796

A replay of the conference call will be available at TDCX’s investor relations website (investors.tdcx.com). An archived webcast will be available at the same link above.

For enquiries, please contact:

Investors / Analysts: Jason Lim

+65-9799-6550

lim.jason@tdcx.com

Media: Eunice Seow

+65-8432-8388

eunice.seow@tdcx.com

About TDCX INC.

TDCX is a high-growth digital customer experience solutions provider for innovative technology and other blue-chip companies. The Company offers omnichannel CX solutions, sales and digital marketing services and content monitoring and moderation services. The Company has a track record of success with clients in travel and hospitality, digital advertising and media, fast-moving consumer goods, technology, financial services, fintech, government and non-governmental organisations, gaming, e-commerce and education. TDCX has an international footprint with offices in Singapore, the Philippines, Malaysia, Thailand, China, Japan, Spain, India, Colombia and Romania, and services its clients’ customers globally in more than 20 languages. TDCX has won over 270 awards. For more information, please visit www.tdcx.com.

Convenience Translation

The Company’s financial information is stated in Singapore dollars, the legal currency of Singapore. Unless otherwise noted, all translations from Singapore dollars to U.S. dollars and from U.S. dollars to Singapore dollars in this press release were made at a rate of S$1.3611 to US$1.00, the approximate rate in effect as of September 30, 2021. We make no representation that any Singapore dollar or U.S. dollar amount could have been, or could be, converted into U.S. dollars or Singapore dollar, as the case may be, at any particular rate, the rate stated herein, or at all.

Non-IFRS Financial Measure

To supplement our consolidated financial statements, which are prepared and presented in accordance with IFRS, we use the following non-IFRS financial measure to help evaluate our operating performance:

“EBITDA” represents operating income (loss) before interest, tax, depreciation and amortization expenses. We believe that EBITDA helps us to identify underlying trends in our operating results, enhancing our understanding of past performance and future prospects.

The above non-IFRS financial measure has limitations as analytical tools and should not be considered in isolation or construed as an alternative to revenue, net income, or any other measure of performance or as an indicator of our operating performance. The non-IFRS financial measures presented here may not be comparable to similarly titled measures presented by other companies because other companies may calculate similarly titled measures differently. For more information on the non-IFRS financial measures, please see the form 6-K section captioned “Non-IFRS Financial Measures” or the presentation slides.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. In some cases, you can identify these forward-looking statements by the use of words such as “outlook,” “believes,” “expects,” “potential,” “continues,” “may,” “will,” “should,” “could,” “seeks,” “predicts,” “intends,” “trends,” “plans,” “estimates,” “anticipates” or the negative version of these words or other comparable words. Among other things, the outlook for the full year, the business outlook and quotations from management in this announcement, as well as the Company’s strategic and operational plans, contain forward-looking statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the performance of TDCX’s largest clients; the successful implementation of its business strategy; its ability to compete effectively; its ability to maintain its pricing, control costs or continue to grow its business; the effects of the novel coronavirus (COVID-19) on its business; the continued service of its founder and certain of its key employees and management; its ability to attract and retain enough highly trained employees; its exposure to various risks in Southeast Asia; its contractual relationship with key clients; clients and prospective clients’ spending on omnichannel CX solutions; its spending on employee salaries and benefits expenses; and its involvement in any disputes, legal, regulatory, and other proceedings arising out of its business operations. Further information regarding these and other risks is included in the Company’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.

UNAUDITED CONDENSED INTERIM CONSOLIDATED STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME

FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2021 AND SEPTEMBER 30, 2020

For the three months ended	September 30, 2021			September 30, 2020			September 30, 2021			September 30, 2020
	US$’000			US$’000			S$’000			S$’000
Revenue		109,321			77,341			148,797			105,269
Employee benefits expense		(63,612	)		(46,253	)		(86,583	)		(62,955	)
Depreciation expense		(7,647	)		(6,259	)		(10,409	)		(8,519	)
Rental and maintenance expense		(1,516	)		(1,707	)		(2,063	)		(2,324	)
Recruitment expense		(2,225	)		(1,347	)		(3,028	)		(1,833	)
Transport and travelling expense		(332	)		(442	)		(451	)		(602	)
Telecommunication and technology expense		(1,773	)		(1,177	)		(2,413	)		(1,601	)
Interest expense		(1,985	)		(569	)		(2,702	)		(775	)
Other operating expense		(1,789	)		(1,920	)		(2,436	)		(2,613	)
Share of profit from an associate		26			—			36			—
Interest income		88			132			119			180
Other operating income		749			1,223			1,020			1,663
Profit before income tax		29,305			19,022			39,887			25,890
Income tax expenses		(7,093	)		(3,882	)		(9,654	)		(5,283	)
Profit for the period		22,212			15,140			30,233			20,607
Item that may be reclassified subsequently to profit or loss:
Exchange differences on translation of foreign operations		(2,697	)		1,842			(3,671	)		2,507
Total comprehensive income for the period		19,515			16,982			26,562			23,114
Profit attributable to:
- Owners of the Group		22,211			15,139			30,232			20,606
- Non-controlling interests		1			1			1			1
		22,212			15,140			30,233			20,607
Total comprehensive income attributable to:
- Owners of the Group		19,514			16,981			26,561			23,113
- Non-controlling interests		1			1			1			1
		19,515			16,982			26,562			23,114
Basic and diluted earnings per share (in US$ or S$)		0.18			0.12			0.24			0.17
Weighted average number of ordinary shares used in computing basic and diluted earnings per share		123,500,000			123,500,000			123,500,000			123,500,000

The translation of Singapore Dollar amounts into United States Dollar amounts (“USD”) for the unaudited condensed interim consolidated statement of profit or loss and other comprehensive income above are included solely for the convenience of readers outside of Singapore and have been made at the rate of S$1.3611 to US$1, the approximate rate of exchange at September 30, 2021. Such translations should not be construed as representations that the Singapore Dollar amounts could be converted into USD at that or any other rate.

Comparison of the Three Months Ended September 30, 2021 and 2020

Revenue. Revenue increased by 41.3% to S$148.8 million (US$109.3 million) for the three months ended September 30, 2021 from S$105.3 (US$77.3 million) million for the three months ended September 30, 2020, driven primarily by higher revenue from our Omnichannel Customer Experience (“CX”) solutions by 37.9%, as well as a 93.4% increase in revenue from our Sales and Digital Marketing solutions and 7.1% increase in revenue from our Content Monitoring and Moderation services.

• Revenue from Omnichannel CX solutions increased by 37.9% to S$92.8 million (US$68.2 million) from S$67.3 million (US$49.4 million) for the same period last year, attributed primarily to higher business volumes driven by the expansion of existing campaigns. In addition, business volumes benefited from the nascent recovery in the travel and hospitality sector from the impact of the COVID-19, compared against the corresponding quarter last year. We also saw higher demand for our services from fintech and gaming clients and other new economy clients from our delivery sites across Asia. Notwithstanding the growth drivers outlined above, there continues to be weakness in certain segments of the travel and hospitality sector.

• Revenues from Sales and Digital Marketing services increased by 93.4% to S$32.4 million (US$23.8 million) from S$16.7 million (US$12.3 million) for the same period last year attributed primarily to the volume expansion of existing campaigns for our digital media clients across our delivery sites in Asia.

• Revenues from Content Monitoring and Moderation services increased by 7.1% to S$21.2 million (US$15.6 million) from S$19.8 million (US$14.5 million) for the same period last year attributable primarily to higher contribution from a social media client.

The following table sets forth our service provided by amount for the three months ended September 30, 2021 and 2020.

Revenue for the three months ended	September 30, 2021		September 30, 2020		September 30, 2021		September 30, 2020
	US$’000		US$’000		S$’000		S$’000
Revenue by service
Omnichannel CX solutions		68,195		49,443		92,820		67,296
Sales and digital marketing		23,783		12,298		32,371		16,738
Content monitoring and moderation		15,564		14,536		21,184		19,784
Other service fees		1,779		1,064		2,422		1,451
Total revenue		109,321		77,341		148,797		105,269

Employee Benefits Expense. Our employee benefits expense increased by 37.5% to S$86.6 million (US$63.6 million) for the three months ended September 30, 2021 from S$63.0 million (US$46.3 million) for the same period of last year, in tandem with business volume expansion. The average number of employees in the third quarter of 2021 rose by 44.0% compared to the same period of 2020. In the third quarter of 2021, the proportion of employees in lower wage sites increased. In addition, we achieved efficiencies when expanding campaigns in Malaysia, Thailand and Japan.

Depreciation Expense. Our depreciation expense increased by 22.2% to S$10.4 million (US$7.6 million) for the three months ended September 30, 2021 from S$8.5 million (US$6.3 million) for the three months ended September 30, 2020 primarily due to the depreciation on right-of-use assets, as well as higher depreciation on new office renovations and capital expenditures undertaken, in relation to our office space expansion to support business growth.

Rental and Maintenance Expense. Rental and maintenance expenses decreased by 11.2% to S$2.1 million (US$1.5 million) for the three months ended September 30, 2021, compared to S$2.3 million (US$ 1.7 million) for the three months ended September 30, 2020, due mainly to the termination of certain co-working space memberships, with the relocation to leased office space that was recognized as a right-of-use asset subject to depreciation.

Recruitment Expense. Recruitment expense increased by 65.2% to S$3.0 million (US$2.2 million) for the three months ended September 30, 2021 from S$1.8 million (US$1.3 million) for the three months ended September 30, 2020, primarily attributed to higher workforce placement and expenses incurred on immigration and work permit processing, as a result of expansion of campaigns in Malaysia, Singapore and Thailand.

Transport and Travelling Expense. Transport and travelling expense declined by 25.0% to S$0.5 million (US$0.3 million) for the three months ended September 30, 2021 from corresponding period of 2020, due mainly to lower accommodation and transportation expenses.

Telecommunication and Technology Expense. Telecommunication and technology expense increased by 50.7% to S$2.4 million (US$1.8 million) for the three months ended September 30, 2021 from S$1.6 million (US$1.2 million) incurred last year due to business volume expansion of our campaigns.

Interest Expense. Interest expense increased by 248.7% to S$2.7 million (US$2.0 million) for the three months ended September 30, 2021 from S$0.8 million (US$0.6 million) for the same period of 2020 primarily due to the interest incurred on the S$252.7 million drawdown of a term loan credit facility on March 23, 2021. The loan has since been fully paid down on October 7, 2021.

Other Operating Expense. Other operating expenses decreased by 6.8% to S$2.4 million (US$1.8 million) for the three months ended September 30, 2021 from S$2.6 million (US$1.9 million) for the three months ended September 30, 2020, primarily due to lower foreign exchange loss, offset by higher spending on professional services.

Share of Profit from an Associate. Share of profit from an associate was negligible for the three months ended September 30, 2021 and nil for the three months ended September 30, 2020.

Other Operating Income. Other operating income decreased by 38.7% to S$1.0 million (US$0.7 million) for the three months ended September 30, 2021 from S$1.7 million (US$1.2 million) for the three months ended September 30, 2020, primarily due to a reduction in government grants received in response to the COVID-19 pandemic.

Profit Before Income Tax. As a result of the foregoing, our profit before income tax increased by 54.1% to S$39.9 million (US$29.3 million) for the three months ended September 30, 2021 from S$25.9 million (US$19.0 million) for the three months ended September 30, 2020.

Income Tax Expenses. Income tax expenses increased by 82.7% to S$9.7 million (US$7.1 million) for the three months ended September 30, 2021 from S$5.3 million (US$3.9 million) for the three months ended September 30, 2020. The rate of increase in income tax expenses was higher than the 54.1% increase in profit before tax because of a domestic dividend tax of S$2.1 million levied on dividends repatriated by a subsidiary. The increased tax was offset by a higher contribution of taxable profit from the Philippines site which enjoyed tax incentives that lowered our tax rate.

Profit for the period. As a result of the foregoing, our profit for the period increased by 46.7% to S$30.2 million (US$22.2 million) for the three months ended September 30, 2021 from S$20.6 million (US$15.1 million) for the three months ended September 30, 2020.

Events after September 30, 2021

On August 26, 2021, TDCX adopted the TDCX Performance Share Plan (“PSP”), allowing us to offer Class A ordinary shares or American Depositary Shares (“ADSs”) to employees, officers, executive directors and consultants. On November 1, 2021, TDCX issued awards to the first batch of participants of the TDCX PSP. We will start recognizing the related share-based payment expenses in the fourth quarter of 2021.

NON-IFRS FINANCIAL MEASURES

EBITDA and EBITDA margin are non-IFRS financial measures. TDCX monitors EBITDA and EBITDA margin because they assist the Company in comparing its operating performance on a consistent basis by removing the impact of items not directly resulting from its core operations. The Company defines EBITDA as profit for the year before interest expense, interest income, income tax expense, depreciation expense and amortization expense and EBITDA margin as EBITDA as a percentage of revenue.

While the Company believes that EBITDA and EBITDA margin provide useful information to investors in understanding and evaluating the Company’s results of operations in the same manner as its management, the Company’s use of EBITDA and EBITDA margin have limitations as analytical tools and you should not consider these in isolation or as a substitute for analysis of the Company’s results of operations or financial condition as reported under IFRS.

TDCX’s non-IFRS financial measures do not reflect all items of income and expense that affect the Company’s operations or not represent the residual cash flow available for discretionary expenditures. Further, these non-IFRS measures may differ from the non-IFRS information used by other companies, including peer companies, and therefore their comparability may be limited. The Company compensates for these limitations by reconciling the non-IFRS financial measures to the nearest IFRS performance measure, all of which should be considered when evaluating performance. The Company encourages you to review the company’s financial information in its entirety and not rely on any single financial measure.

Reconciliation of non-IFRS financial measures to the nearest comparable IFRS measures

For the three months ended	September 30, 2021									September 30, 2020
	US$’000			S$’000			Margin			US$’000			S$’000			Margin
Revenue		109,321			148,797			—			77,341			105,269			—
Profit for the period and net profit margin		22,212			30,233			20.3	%		15,140			20,607			19.6	%
Adjustments:
Depreciation expense		7,647			10,409			7.0	%		6,259			8,519			8.1	%
Income tax expenses		7,093			9,654			6.5	%		3,882			5,283			5.0	%
Interest expense		1,985			2,702			1.8	%		569			775			0.7	%
Interest income		(88	)		(119	)		(0.1	%)		(132	)		(180	)		(0.2	%)
EBITDA and EBITDA margin		38,849			52,879			35.5	%		25,718			35,004			33.3	%
For the nine months ended	September 30, 2021									September 30, 2020
	US$’000			S$’000			Margin			US$’000			S$’000			Margin
Revenue		294,199			400,435			—			231,099			314,549			—
Profit for the period and net profit margin		55,100			74,996			18.7	%		43,444			59,132			18.8	%
Adjustments:
Depreciation expense		22,223			30,248			7.6	%		17,744			24,152			7.7	%
Income tax expenses		14,464			19,687			4.9	%		11,059			15,052			4.8	%
Interest expense		4,739			6,450			1.6	%		1,669			2,271			0.7	%
Interest income		(215	)		(293	)		(0.1	%)		(312	)		(425	)		(0.1	%)
EBITDA and EBITDA margin		96,311			131,088			32.7	%		73,604			100,182			31.8	%

UNAUDITED CONDENSED INTERIM CONSOLIDATED STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME

FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2021 AND SEPTEMBER 30, 2020

For the nine months ended	September 30, 2021			September 30, 2020			September 30, 2021			September 30, 2020
	US$’000			US$’000			S$’000			S$’000
Revenue		294,199			231,099			400,435			314,549
Employee benefits expense		(177,804	)		(138,948	)		(242,009	)		(189,122	)
Depreciation expense		(22,223	)		(17,744	)		(30,248	)		(24,152	)
Rental and maintenance expense		(5,687	)		(6,010	)		(7,740	)		(8,180	)
Recruitment expense		(5,542	)		(4,243	)		(7,544	)		(5,775	)
Transport and travelling expense		(723	)		(935	)		(985	)		(1,272	)
Telecommunication and technology expense		(4,653	)		(3,390	)		(6,333	)		(4,614	)
Interest expense		(4,739	)		(1,669	)		(6,450	)		(2,271	)
Other operating expense		(6,302	)		(8,569	)		(8,578	)		(11,665	)
Gain on disposal of a subsidiary		—			537			—			731
Share of profit from an associate		58			—			78			—
Interest income		215			312			293			425
Other operating income		2,765			4,063			3,764			5,530
Profit before income tax		69,564			54,503			94,683			74,184
Income tax expenses		(14,464	)		(11,059	)		(19,687	)		(15,052	)
Profit for the period		55,100			43,444			74,996			59,132
Item that may be reclassified subsequently to profit or loss:
Exchange differences on translation of foreign operations		(2,701	)		1,314			(3,676	)		1,788
Total comprehensive income for the period		52,399			44,758			71,320			60,920
Profit attributable to:
- Owners of the Group		55,099			43,443			74,995			59,131
- Non-controlling interests		1			1			1			1
		55,100			43,444			74,996			59,132
Total comprehensive income attributable to:
- Owners of the Group		52,398			44,757			71,319			60,919
- Non-controlling interests		1			1			1			1
		52,399			44,758			71,320			60,920
Basic and diluted earnings per share (in US$ or S$)		0.45			0.35			0.61			0.48
Weighted average number of ordinary shares used in computing basic and diluted earnings per share		123,500,000			123,500,000			123,500,000			123,500,000

The translation of Singapore Dollar amounts into United States Dollar amounts (“USD”) for the unaudited condensed interim consolidated statement of profit or loss and other comprehensive income, unaudited condensed interim consolidated statement of financial position, unaudited condensed interim consolidated statement of cash flow are included solely for the convenience of readers outside of Singapore and have been made at the rate of S$1.3611 to US$1, the approximate rate of exchange at September 30, 2021. Such translations should not be construed as representations that the Singapore Dollar amounts could be converted into USD at that or any other rate.

UNAUDITED SELECTED FINANCIAL POSITION DATA

AS AT SEPTEMBER 30, 2021 AND DECEMBER 31, 2020

	September 30, 2021			September 30, 2021			December 31, 2020
	US$’000			S$’000			S$’000
Assets
Total current assets		163,844			223,008			163,552
Total non-current assets		65,599			89,287			79,862
Total assets		229,443			312,295			243,414
Liabilities and (Capital Deficiency) Net Equity
Total current liabilities		69,541			94,652			89,743
Total non-current liabilities		212,944			289,839			41,140
(Capital deficiency) Net equity		(53,042	)		(72,196	)		112,531
Total liabilities and (capital deficiency) net equity		229,443			312,295			243,414

EX-99.2

Third Quarter 2021 Results November 2021 Exhibit 99.2

Disclaimer This presentation is provided solely by TDCX Inc. (the “Company”) acting in its own capacity and on behalf of its subsidiaries. Forward-looking statements. This presentation may contain forward-looking statements, outcomes, forecasts, estimates, projections and opinions (“forward-looking statements”). No representation or promise is made or will be made that any forward-looking statement will be achieved or will eventuate in the future. Actual events, results, returns and operations could vary materially from those reflected or contemplated in such forward-looking statements. Similarly, no representation or promise is given by the Company that the assumptions, variables and other inputs used in or underlying this presentation are reasonable, reliable or accurate. Circumstances may change and the contents of this presentation may become outdated as a result. Forward-looking statements are by their nature subject to significant uncertainties and contingencies and reliance should not be placed upon them. Past performance of the Company and any of its subsidiaries cannot be relied upon as a guide to future performance. Non-IFRS financial measures. This presentation includes certain financial measures not presented in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board (“IFRS”) including EBITDA and EBITDA margin. These non-IFRS financial measures are not measures of financial performance in accordance with IFRS and may exclude items that are significant in understanding and assessing the Company’s financial results or position. Therefore, these measures should not be considered in isolation or as an alternative to gross profit, profit for the period, cash flow or other measures of profitability, liquidity or performance under IFRS. You should be aware that the Company’s presentation of these measures may not be comparable to similarly-titled measures used by other companies which may be defined and calculated differently. See the Reconciliation section for a reconciliation of these non-IFRS measures to the most directly comparable IFRS measure. No representation. In preparing this presentation, the Company has relied upon and assumed, without independent verification, the accuracy and completeness of all information available from public sources or which has otherwise been reviewed. Any information regarding price or value in this presentation should not be interpreted as an actual or guaranteed realizable price or value. The Company does not warrant or guarantee the performance of the Company, its assets, business, any financial product or any return associated with any investment. The Company does not make any representation or warranty, express or implied, with respect to the accuracy or completeness of this presentation, or the reasonableness of any assumption contained in this presentation and is not under any obligation to provide you with access to any additional material and reserves the right to amend or replace the same at any time upon its sole discretion. The materials in this presentation is not complete, and not intended to be relied upon, or provide the sole or principal basis of any decision or other action in relation to any transaction. No advice and not an offer. Nothing in this presentation should be construed as or constitutes legal, tax, regulatory, accounting, investment or other (including financial product) advice or as a securities or other recommendation. Furthermore, this presentation is not intended, and does not, constitute or form part of any offer, invitation or the solicitation of an offer to purchase, otherwise acquire, subscribe for, sell or otherwise dispose of, any securities of TDCX Inc. and any of its subsidiaries or undertakings or any other invitation or inducement to engage in investment activities, nor shall this presentation (or any part of it) nor the fact of its distribution form the basis of, or be relied on in connection with, any contract or investment decision.

14,100+ Employees as at Sep 30, 2021 Highlights – Third Quarter 2021 +41% YoY Revenue US$109m EBITDA1 US$39m EBITDA Margin1 35.5% Net profit US$22m +51% YoY Q3 20: 33.3% +47% YoY 16 Logos added in 2021 year-to-date 91% Revenue from Southeast Asia for Q3 93% Revenue from New Economy2 clients for Q3 First revenue contribution: 48 Clients globally as at Sep 30, 2021 Convenience translation - The Company’s financial information is stated in Singapore dollars, the legal currency of Singapore. Unless otherwise noted, all translations from Singapore dollars to U.S. dollars and from U.S. dollars to Singapore dollars in this presentation were made at a rate of S$1.3611 to US$1.00, being the approximate rate in effect as of September 30, 2021. We make no representation that any Singapore dollar or U.S. dollar amount could have been, or could be, converted into U.S. dollars or Singapore dollar, as the case may be, at any particular rate, the rate stated herein, or at all. 1. EBITDA is defined as profit for the period before interest expense, interest income, income tax expense, depreciation and amortization expense. EBITDA margin is defined as EBITDA for the period as a percentage of revenue for the period. EBITDA and EBITDA margins are supplemental, non IFRS financial measures and should not be considered in isolation or as a substitute for financial results reported under IFRS. For a reconciliation of this non IFRS financial measure to the most directly comparable IFRS measure, see the Appendix. 2. “New Economy” refers to high growth industries that are on the cutting edge of digital technology and are the driving forces of economic growth. All amounts in USD unless stated otherwise

TDCX OVERVIEW 01.

Spectrum of services tailored to our clients’ needs Services and Solutions Highly tailored services for complex interactions such as technical support for software and sales campaigns Inbound and outbound contacts covering the entire customer life cycle Extensive network of delivery centers with talent proficient in >20 languages Developing online advertising campaigns for key clients and SMEs Optimizing advertising campaign key words and target demographics Analytical capabilities that provide business insights through user-friendly data visualizations Providing a human touch to content monitoring and moderation services Review of social media platforms for content that violates terms of service Good understanding of local languages and political and social context of social media exchanges to ensure effective service offerings Q3 2021 Revenue Contribution1 62% 22% 14% Content Monitoring & Moderation Sales & Digital Marketing Omnichannel CX Source: Company F-1 Public Filing. 1. Excludes Other service fees which include revenues classified in the Consolidated Financial Statements as workspace, payroll outsourcing and other services

Focus on Supporting New Economy1 Clients Growth drivers of our business Increasing demand for CX services, especially in Southeast Asia, from New Economy1 clients 19.0% 4.1% 16A-25E CAGR CAGR: 7.0% New Economy1 Traditional Economy 17.4% CAGR: 4.4% 1.6% 16A-25E CAGR SEA CX Market Size (US$b) Global CX Market Size (US$b) Attractive client base of market leaders in fast-growing industries Leading Search Engine Leading Mobile Device Company Leading Video Game Developer Leading Regional E-Commerce Platform Leading Streaming Platform Global Payments Platform Source: Company F-1 Public Filing, Frost & Sullivan. Market sizing based on delivery locations which includes both onshore and offshore data. 1 “New Economy” refers to high growth industries that are on the cutting edge of digital technology and are the driving forces of economic growth. Leading Travel & Hospitality Platform Leading Social Media Platform

Strong global presence in 10 key geographies 14,100+ Employees Globally (as of 30 September 2021) Singapore Malaysia Thailand China Philippines Spain Japan Colombia1 India1 CHINA PHILIPPINES JAPAN THAILAND SPAIN COLOMBIA INDIA MALAYSIA SINGAPORE ROMANIA Romania1 Q3 2021 Revenue Breakdown by Geography Philippines 26.3% Singapore 26.3% Malaysia 25.8% Thailand 12.2% China 2.2% Japan 5.7% Others 1.5% 1. India and Colombia are new offices opened in 2020 while Romania is a new office established in 2021. TDCX entered into the first MSA to provide services from the Colombia office in July 2021.

TDCX’s competitive advantages Source: Company F-1 Public Filing. 1. “New Economy” refers to high growth industries that are on the cutting edge of digital technology and are the driving forces of economic growth. 2. Based on average of FY2020 EBITDA per employee for CX peers. FX rate of 1 US$ = 1.3444 S$ assumed in converting financials from Singapore dollar to US dollar. Multi-Geographical Presence Serving High Growth Clients 10 Geographies Pan Asia Footprint + Spain, Colombia & Romania Successful Offshore Operations >90% Revenue from Southeast Asia 93% Q3 2021 Revenue from New Economy Clients Focus on High Growth New Economy1 Clients Agile Business Model Providing Complex and Tailored Services >60% of employees are college or university graduates Focus on Complex Services Deep understanding of fast-growing verticals Domain Expertise Proprietary technologies with data analytics capabilities Cutting Edge Technology Unique Culture Aligned with Clients with a Strong Focus on Talent & Innovation Better employee outcomes 25% v. 30-34% 2020 voluntary attrition rate (TDCX vs. industry avg.) 89% 2021 Employee Satisfaction Score Better employee Through-put $10.3k v. $5.2k2 2020 EBITDA per Employee (TDCX vs. CX Peers) Culture Aligned With Tech Clients

FINANCIALS 02.

Strong and growing profitability EBITDA Margin2 (%) 30.6% 32.7% 32.9% Profit for the period (US$m1) EBITDA2 (US$m1) Revenue (US$m1) Strong profitability with Industry leading EBITDA margins resulting from: Focus on high-growth CX segment Strong exposure to New Economy3 clients Focus on complex offerings Regionalization of operations underpinned by multilingual hubs >90% of agents based in Southeast Asia 1. FX rate of US$1 = S$1.3611 assumed in converting financials from Singapore dollar to US dollar. 2. EBITDA and EBITDA margins are supplemental, non IFRS financial measures and should not be considered in isolation or as a substitute for financial results reported under IFRS. For a reconciliation of this non IFRS financial measure to the most directly comparable IFRS measure, see the Appendix. 3. “New Economy” refers to high growth industries that are on the cutting edge of digital technology and are the driving forces of economic growth. 4. For the nine months ended September 30, 2021 32.7% 4 4 4

Q3 financial performance EBITDA Margin2 (%) 33.3% 35.5% Profit for the period (US$m1) EBITDA2 (US$m1) Revenue (US$m1) 1. FX rate of US$1 = S$1.3611 assumed in converting financials from Singapore dollar to US dollar, being the approximate rate in effect as of September 30, 2021. 2. EBITDA and EBITDA margins are supplemental, non IFRS financial measures and should not be considered in isolation or as a substitute for financial results reported under IFRS. For a reconciliation of this non IFRS financial measure to the most directly comparable IFRS measure, see the Appendix.

Robust revenue growth across service offerings and geographies Revenue Breakdown by Service (US$m1) Revenue Breakdown by Geography (US$m1) 1. FX rate of US$1 = S$1.3611 assumed in converting financials from Singapore dollar to US dollar, being the approximate rate in effect as of September 30, 2021. +41% +41% 77 109 Total might not add up due to rounding

Operating expenses rose slower than revenue growth Operating Costs as a % of Revenue (%) Total Operating Cost (US$m1) 77.2% 74.0% Total might not add up due to rounding 1. FX rate of US$1 = S$1.3611 assumed in converting financials from Singapore dollar to US dollar, being the approximate rate in effect as of September 30, 2021.

Financial Outlook Revenue (millions)1 Revenue growth (YoY) at midpoint EBITDA Margin2,3 S$549 to S$553 (US$403 to US$406) 26.7% Approximately 31.7% to 32.2% FY2021 Outlook 1. FX rate of US$1 = S$1.3611 assumed in converting financials from Singapore dollar to US dollar. 2. Excludes Performance Share Plan costs, which will be recognized from 4Q 2021 onwards. 3. EBITDA margin is defined as EBITDA for the period as a percentage of revenue for the period. EBITDA is a supplemental, non IFRS financial measure and should not be considered in isolation or as a substitute for financial results reported under IFRS. For a reconciliation of this non IFRS financial measure to the most directly comparable IFRS measure, see the Appendix.

APPENDIX

Summary Financials Income Statement (US$m) FY20181 FY20191 FY20201 Q3 20201 (Unaudited) Q3 20211 (Unaudited) Revenue 133.2 242.6 319.4 77.3 109.3 Employment Benefits Expense (80.4) (139.5) (189.5) (46.3) (63.6) Depreciation Expense (9.5) (18.1) (24.3) (6.3) (7.6) Rental and Maintenance Expenses (1.9) (6.8) (7.8) (1.7) (1.5) Recruitment Expense (2.8) (4.9) (5.9) (1.3) (2.2) Transport and Travelling Expense (1.0) (1.5) (1.1) (0.4) (0.3) Telecommunication and Technology Expense (1.8) (3.3) (4.6) (1.2) (1.8) Interest expense (0.8) (2.1) (2.2) (0.6) (2.0) Other Operating Expenses (5.0) (7.7) (11.6) (1.9) (1.8) Interest Income 0.2 0.3 0.4 0.1 0.1 Other Operating Income 0.4 0.5 6.1 1.2 0.7 Profit Before Tax 30.6 59.5 78.9 19.0 29.3 Income Tax Expenses (2.6) (5.5) (15.7) (3.9) (7.1) Profit for the period 28.0 54.0 63.2 15.1 22.2 1. FX rate of US$1 = S$1.3611 assumed in converting financials from Singapore dollar to US dollar, being the approximate rate in effect as of September 30, 2021. 2. Share of profit from an associate and gain on disposal of a subsidiary not shown as they are not significant. 3. Totals might not add up due to rounding.

Non GAAP Reconciliations – EBITDA reconciliation Reconciliation of EBITDA (US$m) FY20181 FY20191 FY20201 Q3 20201 (Unaudited) Q3 20211 (Unaudited) Profit for the Period 28.0 54.0 63.2 15.1 22.2 Adjustments: Depreciation Expense 9.5 18.1 24.3 6.3 7.6 Income Tax Expense 2.6 5.5 15.7 3.9 7.1 Finance Cost 0.8 2.1 2.2 0.6 2.0 Interest Income (0.2) (0.3) (0.4) (0.1) (0.1) EBITDA 40.7 79.4 105.0 25.7 38.8 1. FX rate of US$1 = S$1.3611 assumed in converting financials from Singapore dollar to US dollar, being the approximate rate in effect as of September 30, 2021. 2. Totals might not add up due to rounding

CX Centric ITO Centric Predominately serving New Economy1 Companies Predominately serving Traditional Companies Global Leaders / Traditional CX Companies Blended Voice, Non-voice CX Companies Traditional IT Services Companies Pure-Play Digital CX Service Companies Pure-Play Digital Services Companies Source: Company F-1 Public Filing, Frost & Sullivan. 1. “New Economy” refers to high growth industries that are on the cutting edge of digital technology and are the driving forces of economic growth. 2. Voxpro is a subsidiary of Telus International. Competitive Landscape Outsourced Business Support Services 2

THANK YOU!