CARE Ratings Ltd · NSE:CARERATING
CARE Ratings — Q1 FY25 Earnings Presentation
21 slides from CARE Ratings's earnings presentation, August 2024
Slide 1: CARE Ratings Limited Investor Presentation Q1 FY25
CARE Ratings Limited Investor Presentation Q1 FY25
Slide 2: 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 3: Macro-Economic
Macro-Economic > = -_ 4 a = a : ! z ane ON ed 7 - Cy ~< / | eS
Slide 4: Fundraising Activity in the Economy
Fundraising Activity in the Economy Corporate Bond Issuances Commercial Paper Issuances (Rs. Lakh Crore) (Rs. Lakh Crore) 2.97 3.81 3.80 1.95 Q1 FY24 Q1 FY25 Q1 FY24 Q1 FY25 Source: Prime database; Data Extracted on 01st August 2024 Source: RBI • Corporate Bond issuances reduced by 34% (y-o-y) in Q1
Slide 5: Lead Indicators: IIP & PMI
Lead Indicators: IIP & PMI IIP Growth Manufacturing & Services PMI PMI-Manufacturing PMI- Services 14 11.9 65 12 10.9 60 60.5 10 Y-o-Y % 8 55 58.1 6.2 6.4 5.9 5.7 5.6 5.4 6 4.6 5.0 4.0 4.4 4.2 50 4 2.5 45 2 0 40 May-23 Jan-24 May-24 May-23 Jan-24 May-24 Apr-23 Apr-24 Apr-24 Aug-23 Apr-23 Aug-23 Jul-
Slide 6: Bank Credit Offtake
Bank Credit Offtake Industry and Services Credit Growth Industrial Credit Growth (Data outstanding as of end of June) (Data outstanding as of end of June) 30 16 26.8 14.1 14 12.9 12.6 25 12 11.0 20 10 Y-o-Y % Y-o-Y % 15.1 8 6.9 15 6 5.4 10 7.4 7.7 4 5 2 0 0 Micro & Small Medium (8.5) Large (71.9) In
Slide 7: CareEdge
Care=dge
Slide 8: Standalone: Q1 FY25 Key Highlights
Standalone: Q1 FY25 Key Highlights Rs. 65.34 Crs REVENUE FROM OPERATIONS YoY 16% Rs. 22.18 Crs EBITDA EBITDA YoY 34% MARGIN 10% Rs. 24.01 Crs Rs. 8.04 /- EARNINGS PER PAT YoY PAT MARGIN 31% SHARE (EPS) YoY 11% 10% 8
Slide 9: Consolidated: Q1 FY25 Key Highlights
Consolidated: Q1 FY25 Key Highlights Rs. 78.92 Crs REVENUE FROM OPERATIONS YoY 19% Rs. 21.82 Crs EBITDA EBITDA YoY 28% MARGIN 22% Rs. 21.38 Crs Rs. 6.94 /- EARNINGS PER PAT PAT MARGIN 24% YoY SHARE (EPS) YoY 16% 16% 9
Slide 10: Segmental Contribution - Consolidated
Segmental Contribution - Consolidated Q1FY25 Revenue Break-up Rs. 70.65 Crs RATINGS BUSINESS YoY 10% 19% 90% Rs. 8.27 Crs NON-RATINGS BUSINESS YoY Ratings Business 31% 10
Slide 11: Profit & Loss Statement: Q1 FY25
Profit & Loss Statement: Q1 FY25 Standalone Consolidated Profit and Loss (Rs. Crs) Q1 FY25 Q1 FY24 YoY Q1 FY25 Q1 FY24 YoY Total Operating Income (TOI) 65.34 56.48 16% 78.92 66.42 19% Other Income 12.70 11.20 13% 11.87 11.53 3% Total Income 78.04 67.68 15% 90.79 77.95 16% Total Expenses 45.56 38.44
Slide 12: About Us
Slide 13: About Us CareEdge Group structure
About Us CareEdge Group CARE Ratings Limited (Parent Company) Subsidiaries 100% 100% 100% 78% 51% CARE Analytics CARE CARE Ratings CARE Ratings CareEdge Global and Advisory ESG Ratings Limited (Africa) Nepal Limited IFSC Limited Private Limited Private Limited 100% CARE Ratings South Africa (Pty) Lt
Slide 14: Ratings
Slide 15: 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 16: Non Ratings
Slide 17: 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 • Scorecard & Model en
Slide 18: Outreach Activities – Q1 FY25 - Summary
Outreach Activities – Q1 FY25 - Summary Regular & Data Centre Webinars Thematic Roundtable Conducted Reports Published Participation in Opinion Media Knowledge pieces Mentions & Sharing & published in Coverages Speaker Forums Media 18 18
Slide 19: Outreach Activities: Q1 FY25
Outreach Activities: Q1 FY25 Data Centre Roundtable Knowledge Sharing Forums & Speaker Invitations 19
Slide 20: 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 21: 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