Slide 1: Exchange cover letter: Corporate Presentation FY 2024
February 10, 2025 Listing Department Listing Department National Stock Exchange of India Ltd. BSE Limited Exchange Plaza, 5th floor P J Towers Plot No. C/1, G Block Dalal Street Bandra-Kurla Complex Mumbai 400 001 Bandra (East) Mumbai 400 051 Dear Sirs, Sub.: Corporate Presentation FY 2024 We are en
Slide 2: 2024 Analyst presentation
2024 Analyst presentation © 2025 CRISIL Ltd. All rights reserved. February 2025 1
Slide 3: Disclaimer / Safe harbour
Disclaimer / Safe harbour This presentation has been prepared solely as a concise update of Crisil Limited’s (“Crisil” or “Company”) quarterly and/or annual results. By reading the presentation slides, you agree to be bound by the following limitations: (a) Crisil cannot give assurance to the correc
Slide 4: Agenda
Agenda 1. Crisil overview 2. Business environment © 2025 CRISIL Ltd. All rights reserved. 3. Performance update 4. Financials 5. Segment performance 6. Thought leadership 7. Corporate social responsibility 3
Slide 5: Crisil overview and new brand identity
Crisil overview and new brand identity Crisil is a global, insights-driven analytics organisation whose extraordinary rigour and domain expertise give clients the confidence to make mission-critical decisions. o Our new brand identity reinforces our position as a global, insights-driven analytics or
Slide 6: Global presence
Global presence 4,600+ employees globally – 40+ nationalities across 12 countries; ~40% women employees UK Poland USA China London Wroclaw New York, NY Hangzhou Stamford, CT Hong Kong © 2025 CRISIL Ltd. All rights reserved. Switzerland Mühlebachstrasse Japan UAE Tokyo India Dubai Columbia Singapore
Slide 7: Agenda
Agenda 1. Crisil overview 2. Business environment © 2025 CRISIL Ltd. All rights reserved. 3. Performance update 4. Financials 5. Segment performance 6. Thought leadership 7. Corporate social responsibility 6
Slide 8: Key trends in macro and business environment
Key trends in macro and business environment Global The global economy showed resilience, but the macroeconomic Macro and geopolitical uncertainties leading to greater outlook is susceptible to the policy implementation of the new client need for benchmarking solutions while targeting U.S. administr
Slide 9: Agenda
Agenda 1. Crisil overview 2. Business environment © 2025 CRISIL Ltd. All rights reserved. 3. Performance update 4. Financials 5. Segment performance 6. Thought leadership 7. Corporate social responsibility 8
Slide 10: Highlights of Q4 and 2024 business performance
Highlights of Q4 and 2024 business performance • Ratings Services maintained its leading position in the corporate bond segment, driven by investor preference for rating quality 3.8% FY24 • Research, Analytics and Solutions segment saw traction in buy-side offerings, consulting, credit and risk offe
Slide 11: Agenda
Agenda 1. Crisil overview 2. Business environment © 2025 CRISIL Ltd. All rights reserved. 3. Performance update 4. Financials 5. Segment performance 6. Thought leadership 7. Corporate social responsibility 10
Slide 12: Financial performance for the year 2024
Financial performance for the year 2024 Income from operations Profit before tax (PBT) Profit after tax (PAT) +3.8% +6.8% +3.9% ₹ crore ₹ crore ₹ crore 3,139.5 3,259.8 867.7 926.5 658.4 684.1 © 2025 CRISIL Ltd. All rights reserved. FY23 FY24 FY23 FY24 FY23 FY24 +5.6% +6.9% -0.5% 917.7 912.9 278.8 29
Slide 13: Agenda
Agenda 1. Crisil overview 2. Business environment © 2025 CRISIL Ltd. All rights reserved. 3. Performance update 4. Financials Segment performance – 5. Ratings Services 6. Thought leadership 7. Corporate social responsibility 12
Slide 14: Growth in corporate bond issuances; bank credit growth moderated
Growth in corporate bond issuances aided by pickup in H2 FY24; Bank credit growth moderated amid slowing service & retail growth Bond issuance quantum (₹ billion) Credit growth (%) 25% 10,953 20% 9,802 © 2025 CRISIL Ltd. All rights reserved. 15% 12.0% 4,221 6,011 H2 10% 9.7% 2,454 2,728 11.2% 5% H1
Slide 15: Ratings Services performance highlights
Ratings Services performance highlights Financials Particulars (₹ cr) FY23 FY24 Growth Particulars (₹ cr) Q4 FY23 Q4 FY24 Growth Income from Income from 772.4 909.2 17.7% 209.6 253.9 21.1% operations operations © 2025 CRISIL Ltd. All rights reserved. Segment profit 334.7 398.0 18.9% Segment profit 8
Slide 16: Agenda
Agenda 1. Crisil overview 2. Business environment © 2025 CRISIL Ltd. All rights reserved. 3. Performance update 4. Financials Segment performance – 5. Research, Analytics & Solutions 6. Thought leadership 7. Corporate social responsibility 15
Slide 17: Domestic asset flows, low NPAs augur well for Indian financials
Domestic asset flows, low NPAs augur well for Indian financials Indian banking sector gross NPAs (%) India mutual funds AUM* 8.4 6,869 ₹ ‘000 crore 6,644 7.5 5,975 5,488 © 2025 CRISIL Ltd. All rights reserved. 5.9 4,993 4,085 3,864 3.9 2.7 2.5-2.6 FY20 FY21 FY22 FY23 FY24 FY25F 2021 2022 2023 Q1 202
Slide 18: Focus on profitability of global banks impacting discretionary spends
Focus on profitability of global banks impacting discretionary spends CIB Revenue Pools (USD Billion) CIB Return on Equity (%) 700 20.0% 600 15.0% © 2025 CRISIL Ltd. All rights reserved. 500 400 10.0% 300 200 5.0% 100 0 0.0% 2019 2020 2021 2022 2023 2024F FY19 FY20 FY21 FY22 FY23 FY24F Revenues Pool
Slide 19: Research, Analytics & Solutions performance highlights
Research, Analytics & Solutions performance highlights Financials Particulars (₹ cr) FY23 FY24 Growth Particulars (₹ cr) Q4 FY23 Q4 FY24 Growth Income from Income from 2367.1 2350.6 -0.7% 708.2 659.1 -6.9% operations operations © 2025 CRISIL Ltd. All rights reserved. Segment profit 493.6* 505.2 2.4%
Slide 20: Agenda
Agenda 1. Crisil overview 2. Business environment © 2025 CRISIL Ltd. All rights reserved. 3. Performance update 4. Financials 5. Segment performance 6. Thought leadership 7. Corporate social responsibility 19
Slide 21: Thought leadership
Thought leadership © 2025 CRISIL Ltd. All rights reserved. Crisil hosted Real Estate Conclave in Kochi drawing prominent 21st Annual Competitive Challenges Conference for asset stakeholders from top real estate developers, RERA officials, Credai managers hosted by Crisil Coalition Greenwich in Chica
Slide 22: Agenda
Agenda 1. Crisil overview 2. Business environment © 2025 CRISIL Ltd. All rights reserved. 3. Performance update 4. Financials 5. Segment performance 6. Thought leadership 7. Corporate social responsibility 21
Slide 23: Driving positive social impact through CSR initiatives
Driving positive social impact through CSR initiatives Financial capability building of rural women and communities Promoting environment conservation and the larger social consciousness among employees Strictly confidential. Not for distribution Sakhis formally certified during convocation programm
Slide 24: About Crisil
About Crisil Crisil is a global, insights-driven analytics company. Our extraordinary domain expertise and analytical rigour help clients make mission-critical decisions with confidence. Large and highly respected firms partner with us for the most reliable opinions on risk in India, and for uncover