Icra Limited · NSE:ICRA
Icra — H1 FY2025 Earnings Presentation
20 slides from Icra's earnings presentation, Oct 25, 2024
Slide 1: Filing cover letter to stock exchanges
I () ICRA October 25, 2024 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 00 I, India Bandra-Kurla Complex Scrip Code: 532835 Bandra (East) Mumbai - 400 051, India Symbol: ICRA Dear Sir/Madam,
Slide 2: Investor Presentation Q2 & H1 FY2025
Investor Presentation Q2 & H1 FY2025 October 2024 1
Slide 3: Agenda
AGENDA ▪ Financial Synopsis ▪ Macro-economic Outlook ▪ Business Segment Drivers & Outlook ▪ Media Outreach & Corporate Social Responsibility 2
Slide 4: Financial Synopsis
Yy Financial Synopsis
Slide 5: Strong revenue growth across businesses: Q2 and H1 FY2025
Strong revenue growth across businesses: Q2 and H1 FY2025 Revenue ` Profit before tax 20.2% 16.0% 7.4% 20.5% 240.9 104.2 126.1 57.0 207.6 97.0 47.3 104.9 Q2 FY2024 Q2 FY2025 H1 FY2024 H1 FY2025 Q2 FY2024 Q2 FY2025 H1 FY2024 H1 FY2025 ▪ ICRA's revenue growth in Q2 FY2025 was driven by strong performa
Slide 6: Segmental performance: Q2 and H1 FY2025
Segmental performance: Q2 and H1 FY2025 Segment Revenue ` Segment Results 126.1 37.3 20.2% 17.7% 104.9 31.7 74.4 21.6 60.0 13.8 17.9 15.7 44.9 51.7 Q2 FY2024 Q2 FY2025 Q2 FY2024 Q2 FY2025 240.9 16.0% 7.3% 68.7 207.6 64.0 139.5 30.0 39.7 119.6 88.0 101.4 34.0 29.0 H1 FY2024 H1 FY2025 H1 FY2024 H1 FY2
Slide 7: Macro-economic Outlook
Macro-economic Outlook 6
Slide 8: Macro-economic outlook
Macro-economic outlook CPI Inflation WPI Inflation Fiscal Deficit/GDP ratio FY2024: +5.4% FY2024: -0.7% FISCAL FY2024: 5.6% INFLATION FY2025e: +4.5%% FY2025e: +2.5% DEFICIT FY2025e: 4.9% Real GDP Growth Real GVA Growth Current Account Balance Shallow rate cut cycle of 50 bps FY2024: +8.2% FY2024: +7
Slide 9: Business Segment Drivers & Outlook
Business Segment Drivers & Outlook 8
Slide 10: Rating performance metrics remain robust
Rating performance metrics remain robust *Rating upgrades continue to outpace downgrades by a factor of over two to one 100 % 3.5 75% Reaffirmation Rate 90% 81% 84% 81% 81% 80% 83% 78% 80% 79% 3.0 80% 2.2 10-year average: 3.0 2.1 2.5 81% 2.8 70% 1.5 60% 1.4 2.0 50% 1.2 1.3 1.5 Downgrade Rate 40% 0.9
Slide 11: Ratings & ancillary services: Business environment and outlook
Ratings & ancillary services: Business environment and outlook Environment Outlook In H1 FY2025, the credit market had the overhang of the Lok Sabha Given the possibility of a shallow rate cut cycle, the credit market is elections, which deferred Govt expenditure towards Infrastructure expected to r
Slide 12: Research & Analytics: Business environment and outlook
Research & Analytics: Business environment and outlook Environment Outlook ▪ Deep process expertise, combined with its extensive domain knowledge and proven track record, continue to drive growth. Future success will be increasingly shaped by strategic ▪ With a strong emphasis on digitisation and AI
Slide 13: Media Outreach & Corporate Social Responsibility
Media Outreach & Corporate Social Responsibility 12
Slide 14: Research and Outreach
Research and Outreach 1 WEBINARS & EVENTS 2 RESEARCH PUBLISHED 3 MEDIA COVERAGE 13 www.icra.in 13
Slide 15: Social Listening
Social Listening 14 www.icra.in 14
Slide 16: CSR Initiatives - Change begins here!
CSR Initiatives - Change begins here! Empowering Women Educating Students Supporting Youth 500 2956 450 Employee Volunteering New Joiners Trained on Sponsoring Children with 242 (hours spent) 106 Environmental 335 Intellectual Disabilities Sustainability and Health & Safety 15 www.icra.in 15
Slide 17: CSR Champs - Employee engagement
CSR Champs - Employee engagement 16 www.icra.in 16
Slide 18: Disclaimer
Disclaimer This 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
Slide 19: Copyright notice
© Copyright, 2024 ICRA Limited. All Rights Reserved. All information contained herein has been obtained by ICRA from sources believed by it to be accurate and reliable. Although reasonable care has been taken to ensure that the information herein is true, such information is provided 'as is' without
Slide 20: Thank You!
Q) ic Thank You! ey /