Slide 1: ICRA Limited filing cover letter
ICRA Limited July 15, 2020 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: - Investo
Slide 2: Group ICRA Investor Presentation Q4 FY20
Group ICRA Investor Presentation Q4 FY20 July 15, 2020
Slide 3: Contents
Contents 01 02 03 04 Group ICRA Financial Financial - Research Overview Performance Performance - Webinars Review – Review – - Awards ICRA Limited Group ICRA (Standalone) (Consolidated) - Social Impact 2
Slide 4: Group ICRA Overview
01 02 03 04 Group ICRA Financial Financial - Research Overview Performance Performance - Webinars Review – Review – - Awards ICRA Limited Group ICRA (Standalone) (Consolidated) - Social Impact 3
Slide 5: Group ICRA Overview
Group ICRA Overview ICRA Limited ICRA Nepal-ICRA Lanka ICRA Analytics (parent entity – standalone) (subsidiaries of ICRA Limited) (subsidiary of ICRA Limited) Provides independent credit ratings opinions and research ICRA Nepal Provides solutions, analytics and 29+ 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 – - Awards ICRA Limited Group ICRA (Standalone) (Consolidated) - Social Impact 5
Slide 7: Deteriorating Economic Environment
Deteriorating Economic Environment GDP Growth Bank Credit – YoY Growth* (source: CSO) (source: RBI) 23.3% 24.0% 23.2% 7.1% 17.8% 6.2% 15.1% 13.0% 5.6% 5.7% 13.4% 5.2% 12.9% 12.6% 12.0% 8.6% 8.5% 7.1% 4.4% 6.9% 7.3% 4.1% 6.4% 6.2% 6.1% 4.4% 2.3% 2.7% 0.9% 1.6% 1.4% 3.1% Q1 FY19 Q2 FY19 Q3 FY19 Q4 FY1
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 activity yet to show a meaningful revival 04 05 06 Competition from other Ability to retain / attract Funding substitutes rating agencies
Slide 9: ICRA Standalone – Financial Performance
ICRA Standalone – Financial Performance 70.0 45.0% 250.0 37.6% 45.0% 33.2% 35.3% 60.0 35.0% 35.0% 24.8% 25.0% 200.0 25.0% 50.0 15.0% 15.0% 40.0 150.0 5.0% 5.0% 30.0 -5.0% -5.0% 100.0 -15.0% -15.0% 20.0 -25.0% 50.0 -25.0% 10.0 -35.0% -35.0% 57.9 52.8 230.1 207.8 0.0 -45.0% 0.0 -45.0% Q4 FY19 Q4 FY20
Slide 10: ICRA Standalone – P&L (₹ cr)
ICRA Standalone – P&L (₹ cr) Q4 FY20 vs FY20 vs P&L Q4 FY19 Q4 FY20 FY19 FY20 Q4 FY19 FY19 Operating Revenue a 57.9 52.8 -8.9% 230.1 207.8 -9.7% Compensation Expenses b1 25.7 19.5 -24.1% 107.4 105.1 -2.2% Other Expenses b2 12.2 12.8 5.1% 33.7 44.2 31.0% Depreciation 0.7 1.3 82.6% 2.4 5.4 120.9% Fina
Slide 11: ICRA Standalone – Investments (₹ cr)
ICRA Standalone – Investments (₹ cr) FY20 24 443 80 547 Total FY19 104 364 77 545 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 – - Awards ICRA Limited Group ICRA (Standalone) (Consolidated) - Social Impact 11
Slide 13: ICRA Consolidated – Financial Performance
ICRA Consolidated – Financial Performance 100.0 45.0% 350.0 45.0% 33.8% 32.7% 90.0 30.7% 35.0% 35.0% 300.0 26.0% 80.0 25.0% 25.0% 70.0 250.0 15.0% 15.0% 60.0 200.0 5.0% 5.0% 50.0 -5.0% 150.0 -5.0% 40.0 -15.0% -15.0% 30.0 100.0 20.0 -25.0% -25.0% 50.0 -35.0% 10.0 -35.0% 83.7 87.1 328.1 321.1 0.0 -45.
Slide 14: ICRA Consolidated – P&L (₹ cr)
ICRA Consolidated – P&L (₹ cr) Q4 FY20 vs FY20 vs P&L Q4 FY19 Q4 FY20 FY19 FY20 Q4 FY19 FY19 Operating Revenue a 83.7 87.1 4.1% 328.1 321.1 -2.1% Compensation Expenses b1 39.8 33.8 -15.1% 160.8 161.7 0.5% Other Expenses b2 16.5 20.6 25.4% 54.3 63.6 17.1% Depreciation 1.6 2.7 63.8% 5.6 10.3 83.0% Fin
Slide 15: ICRA Consolidated – Investments (₹ cr)
ICRA Consolidated – Investments (₹ cr) FY20 24 548 80 652 Total FY19 104 449 77 631 Mutual Funds & Equities Fixed Deposits & Bank Balances Corporate Deposits 14
Slide 16: Research, Webinars, Awards, Social Impact
01 02 03 04 Group ICRA Financial Financial - Research Overview Performance Performance - Webinars Review – Review – - Awards ICRA Limited Group ICRA (Standalone) (Consolidated) - Social Impact 15
Slide 17: High Impact Research
High Impact Research @) ICRA Indian Life Insurance Indus Covid-19 impact: Short-term negative limpacton the Healthcare sector edia and Entertainment arch 2020 INDIAN SECURITISATION. MARKET REVIEW FY2018-19 MAY 2019 16
Slide 18: Thematic Discussions for Industry Participants
Thematic Discussions for Industry Participants 17
Slide 19: Top ITES Exporter Award
Top ITES Exporter Award ICRA Online (now known as ICRA Analytics) was recognized as the top exporter for ITES exports from West Bengal for FY19 in the category of companies with export revenue in the range of ₹25 crores to ₹100 crores Software Technology Parks of India (STPI), is a society set up by
Slide 20: Social Impact – Promoting Self-Reliance
Social Impact – Promoting Self-Reliance Contributed ₹1.25 crores to the PM CARES Facilitated education to more than 1,300 Conserved water by restoring 25 acre of lake Imparted skill training to more than 2,852 Fund. These funds are being used for most students by mainstreaming them into formal under
Slide 21: 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