Care Ratings Ltd · NSE:CARERATING
Care Ratings — Q2 FY25 Earnings Presentation
26 slides from Care Ratings's earnings presentation, Oct 24, 2024
Slide 1: Exchange filing cover letter for press release and investor presentation
Date: October 23, 2024 SE/2024-25/71 To, The General Manager The National Stock Exchange India Ltd. Corporate Relation Department Listing Department BSE Limited Exchange Plaza Phiroze Jeejeebhoy Towers Bandra Kurla Complex 14th Floor, Dalal Street Bandra (East) Mumbai 400 001 Mumbai 400 051 Scrip Co
Slide 2: Investor Release: Standalone and Consolidated Financial Highlights
CARE Ratings Limited Investor Release: 23rd October 2024, Mumbai CARE Ratings Limited (NSE: CARE, BSE: 534804) The Board of Directors of CARE Ratings Limited have declared its unaudited financial results for the quarter & half year ended 30th September 2024. STANDALONE FINANCIAL HIGHLIGHTS REVENUE F
Slide 3: Press release: economic commentary and management comments
CARE Ratings Limited GDP growth slowed to 6.7% in Q1 FY25 due to reduced government spending amid election-related restrictions, but private consumption and investments witnessed growth during the quarter. Despite healthy growth in Q1, recent high-frequency indicators such as car sales and IIP growt
Slide 4: About CARE Ratings Limited
CARE Ratings Limited About CARE Ratings Limited CareEdge is a knowledge-based analytical group offering services in Credit Ratings, Analytics, Consulting and Sustainability. Established in 1993, the parent company CARE Ratings Ltd. (CareEdge Ratings) is India's second-largest rating agency, with a c
Slide 5: Q2 & H1FY25
CARE Ratings Limited Investor Presentation Q2 & H1FY25
Slide 6: Safe Harbour
Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by CARE Ratings Ltd. (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities
Slide 7: Macro-Economic
Macro-Economic
Slide 8: Fundraising Activity in the Economy
Fundraising Activity in the Economy Corporate Bond Issuances* Commercial Paper Issuances (Rs. Lakh Crore) (Rs. Lakh Crore) 3.1 4.0 3.8 3.8 3.7 3.0 3.5 3.3 3.0 2.0 2.5 1.9 2.0 1.5 1.0 0.5 0.0 Q1 FY24 Q1 FY25 Q2 FY24 Q2 FY25 Q1 FY24 Q1 FY25 Q2 FY24 Q2 FY25 Source: Prime database; Data Extracted on 10t
Slide 9: Lead Indicators: IIP & PMI
Lead Indicators: IIP & PMI IIP Growth Manufacturing & Services PMI PMI- Manufacturing PMI- Services 14 11.9 65 12 10.9 10 60 57.7 8 Y-o-Y % 6.2 6.4 6.3 5.7 5.6 5.5 5.2 55 56.5 6 4.6 4.7 4.7 4.0 4.4 4.2 4 2.5 50 2 45 0 -0.1 -2 40 Apr-23 Jul-23 Nov-23 Jan-24 Apr-24 Jul-24 Apr-23 Jul-23 Nov-23 Jan-24 A
Slide 10: Bank Credit Offtake
Bank Credit Offtake SCB Credit Growth Credit-Deposit Ratio 25 (Data outstanding as of end of August) 81 21.0 20 18.3 80 16.9 15.0 15.0 15.6 15 79 Y-o-Y % 9.8 10 78 5.3 5 77 0 76 Non-Food Industry (23%) Services (28%) Personal Loans Feb-24 Apr-24 Dec-23 Mar-24 Sep-23 Nov-23 Sep-24 Aug-23 Jan-24 Aug-2
Slide 11: Financials
Slide 12: Standalone: Q2 & H1FY25 Key Highlights
Standalone: Q2 & H1FY25 Key Highlights REVENUE FROM OPERATIONS EBITDA & EBITDA Margin % PAT & PAT Margins % Earning Per Share Rs. 166.85 Crs Rs. 79.09 Crs Rs. 73.65 Crs Rs. 24.64 H1FY25 YoY YoY YoY 18% 21% 18% Margin : 47 % Margin : 38 % Rs. 101.51 Crs Rs. 56.92 Crs Rs. 49.64 Crs Q2FY25 Rs. 16.60 Yo
Slide 13: Consolidated: Q2 & H1FY25 Key Highlights
Consolidated: Q2 & H1FY25 Key Highlights REVENUE FROM OPERATIONS EBITDA & EBITDA Margins % PAT & PAT Margins % Earning Per Share Rs. 196.29 Crs Rs. 77.54 Crs Rs. 68.26 Crs H1FY25 Rs. 22.36 YoY YoY YoY 21% 30% 26% Margin : 40 % Margin : 31 % Rs. 117.37 Crs Rs. 55.72 Crs Rs. 46.88 Crs Q2FY25 Rs. 15.41
Slide 14: Consolidated: Segmental Contribution
Consolidated: Segmental Contribution H1FY25 H1FY24 Revenue Break-up Revenue Break-up 9.5% 8.3% 90.5% 91.7% Ratings Business Non-Ratings Business Ratings Business Non-Ratings Business Rs. 177.63 Crs Rs. 18.66 Crs RATINGS YoY NON-RATINGS YoY BUSINESS 19 % BUSINESS 37 % This increasing in Non-Ratings c
Slide 15: About Us
Slide 16: About Us: CareEdge Group
About Us CareEdge Group CARE Ratings Limited (Parent Company) Subsidiaries 100% 100% 100% 78% 51% CARE Analytics CARE CARE Ratings (Africa) CARE Ratings CareEdge Global IFSC and Advisory Private ESG Ratings Limited Private Limited Nepal Limited Limited Limited 100% CARE Ratings South Africa (Pty) Lt
Slide 17: Ratings
Slide 18: Overall Ratings Business
Overall Ratings Business CareEdge Ratings – India ▪ Incorporated in 1993, India’s second largest credit rating agency licensed by SEBI & accredited by RBI ▪ Dominant position in BFSI and Infrastructure sector ratings CareEdge Global IFSC Limited (Subsidiary of CARE Ratings Ltd. with 100% stake) ▪ Li
Slide 19: CareEdge Global IFSC Limited Launch Event – GIFT City
CareEdge Global IFSC Limited Launch Event – GIFT City CareEdge has made history as the first Indian credit rating agency to enter the Global Scale Ratings space, through its subsidiary CareEdge Global IFSC Ltd. 15
Slide 20: Non Ratings
Slide 21: CARE Analytics and Advisory Private Limited (CAAPL)
CARE Analytics and Advisory Private Limited (CAAPL) Advisory Services Analytics Services Advisory & Consulting Practice Sustainability Practice Risk Consulting Digital Banking Solutions • Bespoke Consulting • ESG Strategy and Integration • Valuation Services • Customer Journey enhancements • Feasibi
Slide 22: Outreach Activities – Q2 FY25 - Summary
Outreach Activities – Q2 FY25 - Summary Regular & Thematic 70 Flagship Events 2 Webinars 5 Conducted Reports Published Participation 84 Opinion pieces 14 Media Mentions 3943 in Knowledge published in & Coverages Sharing & Speaker Media Forums CareEdge Global Media Mentions & Coverages 1288 301 Globa
Slide 23: Outreach Activities: Q2 FY25
Outreach Activities: Q2 FY25 CareEdge Conversations 2024 – Pune CareEdge Conversations 2024 – Mumbai Chief Guest: Shri Amitabh Kant, G20 Sherpa, Former CEO-Niti Aayog, Govt. of India. Chief Guest: Shri M. Rajeshwar Rao, Deputy Governor, Reserve Bank of India (RBI) Knowledge Sharing Forums & Speaker
Slide 24: CSR Activities
CSR Activities Sustainable Development Goal (SDG) 3- GOOD HEALTH AND WELL-BEING • Palliative care provided to 1300+ cancer patients through project ‘Humsafar’ • Health Kit distributed to 500 Anemic pregnant women to decrease maternal Mortality Rate • Supported 20+ pediatric cardiac surgeries SDG 4-
Slide 25: Contact Us
Contact Us Company : Investor Relations Advisors : CARE Ratings Limited Strategic Growth Advisors Private Limited CIN: L67190MH1993PLC071691 CIN: U74140MH2010PTC204285 Ms. Ami Parekh / Mr. Chaitanya Satwe [email protected] [email protected] / [email protected] +91 80824 66052
Slide 26: Thank You!
About Us CareEdge is a knowledge-based analytical group offering services in Credit Ratings, Analytics, Consulting and Sustainability. Established in 1993, the parent company CARE Ratings Ltd. (CareEdge Ratings) is India's second-largest rating agency, with a credible track record of rating companie