Slide 1: Cover letter to stock exchanges: Investor Presentation Q4 FY22
I ICRA May 12, 2022 ICRA Limited BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, Dalal Street Plot no . C/1, G Block Mumbai 400 001, India Bandra-Kurla Complex Scrip Code: 532835 Bandra (East) Mumbai - 400 051 , India Symbol: ICRA Dear Sir/Madam, Sub: -
Slide 2: Group ICRA Investor Presentation Q4 FY22
Group ICRA Investor Presentation Q4 FY22 May 12, 2022
Slide 3: Contents
Contents 01 02 03 04 Group ICRA Financial Financial - Research Overview Performance Performance - Webinars Review – Review – ICRA Limited Group ICRA (Standalone) (Consolidated) 2
Slide 4: Group ICRA Overview
01 02 03 04 Group ICRA Financial Financial - Research Overview Performance Performance - Webinars Review – Review – ICRA Limited Group ICRA (Standalone) (Consolidated) 3
Slide 5: Group ICRA Overview
Group ICRA Overview ICRA Limited (parent entity – standalone) ICRA Nepal-ICRA Lanka ICRA Analytics (subsidiaries of ICRA Limited) (subsidiary of ICRA Limited) Provides independent credit ratings opinions and research ICRA Nepal Provides solutions, analytics and 31+ years of experience and digital pl
Slide 6: Financial Performance Review – ICRA Limited (Standalone)
01 02 03 04 Group ICRA Financial Financial - Research Overview Performance Performance - Webinars Review – Review – ICRA Limited Group ICRA (Standalone) (Consolidated) 5
Slide 7: Economic Environment
Economic Environment GDP Growth Bank Credit – YoY Growth* (source: CSO) (source: RBI) 10.7% 10.9% 10.8% 9.7% 20.3% 9.1% 8.8% 8.9% 7.6% 7.1% 8.5% 6.7% 6.8% 5.4% 5.8% 5.9% 5.9% 0.7% 2.5% 4.9% -6.6% 2.9% 2.2% 2.5% 1.4% 0.4% 0.8% 0.0% -0.3% -23.8% -1.2% Q1 FY21 Q2 FY21 Q3 FY21 Q4 FY21 Q1 FY22 Q2 FY22 Q3
Slide 8: Challenges and Risk Factors
Challenges and Risk Factors 01 02 03 Economic and social Despite several policy Reputation-related challenges due to measures, investment risks covid-19 pandemic and activity yet to show a geopolitical tensions meaningful revival 04 05 06 Competition from other Ability to retain / attract Funding su
Slide 9: ICRA Standalone – Financial Performance
ICRA Standalone – Financial Performance 55.0 40.0% For the quarter ended March 31, 2022, the company’s operating income was Rs. 52.4 crore, as 50.0 35.2% 35.0% against Rs. 48.5 crore in the corresponding quarter of the previous financial year, reflecting a growth 45.0 of 8.0%. The growth in revenue
Slide 10: ICRA Standalone – P&L (₹ cr)
ICRA Standalone – P&L (₹ cr) Q4 FY22 vs FY22 vs P&L Q4 FY21 Q4 FY22 FY21 FY22 Q4 FY21 FY21 Operating Revenue a 48.5 52.4 8.0% 181.3 194.7 7.4% Compensation Expenses b1 26.5 23.3 -12.1% 110.0 111.4 1.3% Other Expenses b2 6.1 8.6 41.0% 28.9 28.5 -1.4% Depreciation 1.4 1.6 14.3% 5.2 5.3 1.9% Finance Co
Slide 11: ICRA Standalone – Investments (₹ cr)
ICRA Standalone – Investments (₹ cr) As at 31st March, 158 438 19 615 2021 Total As at 31st March, 292 207 162 661 2022 Mutual Funds & Equities Fixed Deposits & Bank Balances Corporate Deposits 10
Slide 12: Financial Performance Review – Group ICRA (Consolidated)
01 02 03 04 Group ICRA Financial Financial - Research Overview Performance Performance - Webinars Review – Review – ICRA Limited Group ICRA (Standalone) (Consolidated) 11
Slide 13: ICRA Consolidated – Financial Performance
ICRA Consolidated – Financial Performance 78.0 40.0% 38.4% 76.0 74.0 35.0% 72.0 70.0 30.0% 68.0 For the quarter ended March 31, 2022, the consolidated operating income was Rs. 93.7 crore, 66.0 against Rs. 82.1 crore on y-o-y basis, reflecting a growth of 14.1%. Consolidated PBT was at Rs. 64.0 25.3%
Slide 14: ICRA Consolidated – P&L (₹ cr)
ICRA Consolidated – P&L (₹ cr) Q4 FY22 vs FY22 vs P&L Q4 FY21 Q4 FY22 FY21 FY22 Q4 FY21 FY21 Operating Revenue a 82.1 93.7 14.1% 301.1 342.8 13.8% Compensation Expenses b1 42.7 41.5 -2.8% 171.7 179.2 4.4% Other Expenses b2 15.6 13.6 -12.8% 48.2 43.0 -10.8% Depreciation 2.6 2.3 -11.5% 9.9 7.8 -21.2%
Slide 15: ICRA Consolidated – Investments (₹ cr)
ICRA Consolidated – Investments (₹ cr) As at 31st March, 158 569 19 746 2021 Total As at 31st March, 292 388 162 842 2022 Mutual Funds & Equities Fixed Deposits & Bank Balances Corporate Deposits 14
Slide 16: Research – Webinars
01 02 03 04 Group ICRA Financial Financial - Research Overview Performance Performance - Webinars Review – Review – ICRA Limited Group ICRA (Standalone) (Consolidated) 15
Slide 17: High Impact Research
High Impact Research ® INDIAN GOLD JEWELLERY RETAIL INDUSTRY Robust performance in Q3 FY2022; industry to register strong growth of despite the expected in QA FY2022 JANUARY 2022 INDIAN CORPORATE SECTOR: Q3 FY2022 PERFORMANCE REVIEW AND OUTLOOK India Ine. grapples with margin headwinds even as reven
Slide 18: Thematic Discussions for Industry Participants
Thematic Discussions for Industry Participants 17
Slide 19: Forward-looking statements disclaimer
This Investor Presentation contains certain forward-looking statements (including expectations and plans) that may be identified by words, phrases, or expressions such as “expected”, “likely”, “will”, “would”, “continue”, “intend to”, “in future”, “opportunities” or their variations. These forward-l