Care Ratings Ltd · NSE:CARERATING
Care Ratings — Q2 FY27 Earnings Presentation
21 slides from Care Ratings's earnings presentation, Oct 29, 2026
Slide 1: Exchange filing cover letter
Date: October 29, 2026 SE/2026-27/67 To, BSE Limited The National Stock Exchange India Ltd. Corporate Relation Department Listing Department Phiroze Jeejeebhoy Towers Exchange Plaza 14th Floor, Dalal Street Bandra Kurla Complex Mumbai 400 001 Bandra (East) Scrip Code: 534804 Mumbai 400 051 Scrip Cod
Slide 2: Investor Release: Q2 FY27 results
CARE Ratings Limited Investor Release: 29th October, 2026, Mumbai CARE Ratings Limited (NSE: CARE, BSE: 534804) The Board of Directors of CARE Ratings Limited have declared its unaudited financial results for the quarter ended 30th September 2026 Standalone Consolidated Q2 FY27 Q2 FY27 17% 20% Rs. 1
Slide 3: Investor Release: H1 FY27 results
CARE Ratings Limited Investor Release: 29th October, 2026, Mumbai CARE Ratings Limited (NSE: CARE, BSE: 534804) The Board of Directors of CARE Ratings Limited have declared its unaudited financial results for the half year ended 30th September 2026 Standalone Consolidated H1 FY27 H1 FY27 17% 20% YoY
Slide 4: Economic and business commentary
CARE Ratings Limited The ongoing West Asia crisis continues to weigh on the global economy, contributing to heightened economic uncertainty and increased volatility in energy prices. Despite the persistent challenges on the global front, the Indian economy has held up relatively well logging a GDP g
Slide 5: Outreach activities and interim dividend
CARE Ratings Limited We continued our outreach activities with our landmark event, CareEdge Conversations Landscape, Vision for Viksit that was graced by Shri Gautam Adani, Chairman Adani Group as the Chief Guest. CareEdge Global Ratings marked the second anniversary of its operations at GIFT City w
Slide 6: Investor Presentation Q2 FY27
CARE Ratings Limited Investor Presentation Q2 FY27 CLARITY. CONVICTION. CareEdge.
Slide 7: 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 8: Macro-Economic Indicators
MACRO- ECONOMIC INDICATORS
Slide 9: Fundraising Activity in the Economy
Fundraising Activity in the Economy Corporate Bond Issuances Commercial Paper Issuances 7 12 11.1 6 5.7 5.8 10 8.9 5 8 Rs Trillion Rs Trillion 4 3.2 6 5.7 3 4.4 2.1 4 2 2 1 0 0 Q2 FY26 Q2 FY27 H1 FY26 H2 FY27 Q2 FY26 Q2 FY27 H1 FY26 H1 FY27 Source: Prime database; Data extracted on 15th October 2026
Slide 10: Bank Credit Offtake
Bank Credit Offtake Credit Growth - Industry & Services Credit Growth - Industry Aug-25 Aug-26 Aug-25 Aug-26 30 35 31.8 24.3 30 25 25 23.0 20 18.2 20.8 20 Y-o-Y% Y-o-Y% 15 14.9 15 13.3 10.3 10 7.0 10 5 5 2.4 0 0 Industry (23%) Services (30%) Micro & Small (23%) Medium (10%) Large (67%) Source: RBI,
Slide 11: High Frequency Indicators
High Frequency Indicators GST Collections Trends in Industrial Activity Rs Trillion Growth (Y-o-Y) IIP Core 3 10 10 8 8 2.5 6 2 6 4 Rs Trillion Y-o-Y% Y-o-Y% 1.5 2 4 0 2 1 -2 0.5 0 -4 0 -6 -2 Jun-26 Nov-25 Jan-26 Sep-25 May-26 Apr-26 Dec-25 Oct-25 Mar-26 Feb-26 Jul-26 Aug-25 Aug-26 Nov-25 Jan-26 Jun
Slide 12: Financials
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Slide 13: Q2 FY27 Key Highlights
Q2 FY27 Key Highlights Standalone Consolidated 17% 20% Rs. 134.21 Crs YoY Rs. 164.13 Crs YOY Operating Income Operating Income 20% 58% 23% 52% YoY Margin Rs. 84.61 Crs YoY Margin Rs. 77.99 Crs EBITDA & EBITDA Margin % EBITDA & EBITDA Margin % 24% 46% 26% 40% Rs. 69.16 Crs YoY Margin Rs. 72.37 Crs Yo
Slide 14: H1 FY27 Key Highlights
H1 FY27 Key Highlights Standalone Consolidated 17% 20% Rs. 222.36 Crs YoY Rs. 275.81 Crs YOY Operating Income Operating Income 19% 50% 24% 43% YoY Margin Rs. 119.25 Crs YoY Margin Rs. 110.09 Crs EBITDA & EBITDA Margin % EBITDA & EBITDA Margin % 21% 41% 26% 34% Rs. 103.04 Crs YoY Margin Rs. 105.36 Cr
Slide 15: About Us
ABOUT US
Slide 16: About Us CareEdge
About Us To be a global research and analytics To provide best-in- class tools, analyses, company that enables risk mitigation and and insights, enabling customers to make superior decision making informed decisions Our Our Vision Mission Rating Entities Non Rating Entities CareEdge Group CARE Ratin
Slide 17: Overall Ratings Business
Overall Ratings Business Credit Ratings Business Other Ratings CareEdge Global CARE Ratings (Africa) CARE Ratings CARE ESG CARE Ratings Limited Ratings Limited IFSC Limited Private Limited Nepal Limited ✓ Incorporated in 1993, India’s ✓ Headquartered at GIFT City, ✓ Incorporated in 2014 ✓ Incorporat
Slide 18: CareEdge Analytics
CareEdge Analytics Consulting • AI Implementation Road map • AI Implementation Risk Assessments Products Solutions Platforms • AI Engineering AI Inside, AI by the Side Gen-AI Native Solutions Agentic AI • AI Strategy and Transformation Augmented Intelligence Intelligent Co-Pilots Autonomous Intellig
Slide 19: CareEdge Advisory
CareEdge Advisory Advisory & Research Grading Sustainability Consultancy Services Services Practice Practices • Market Study & Business • ESG Strategy and • Customized Sectoral • AIF Grading Strategy Integration Research • MFI / COCA Grading • Company Research & credit • SPOs/Impact Study on • Marke
Slide 20: Outreach Activities Q2 FY27
Outreach Activities Report Launch Q2 FY27 CareEdge Global & ORF report: “Unlocking SME Financing for BRICS Economies” at BRICS presidency event. “Infrastructure Landscape: Vision for Viksit Bharat” Knowledge Sharing Forums & Speaker Invitations CareEdge hosted its flagship event ‘Conversations’ in M
Slide 21: Investor Relations contact
Company : Investor Relations Advisors : CARE Ratings Limited Strategic Growth Advisors Private Limited CIN: L67190MH1993PLC071691 CIN: U74140MH2010PTC204285 Ms. Neha Shroff/ Mr. Dhruvil Jani investor.relations@careedge.in neha.shroff@sgapl.net / dhruvil.jani@sgapl.net +91 77380 73466 / +91 97025 545