Care Ratings Ltd · NSE:CARERATING
Care Ratings — Q3 FY2025 Earnings Presentation
20 slides from Care Ratings's earnings presentation, January 2025
Slide 1: CARE Ratings Limited Investor Presentation Q3 & 9MFY25
CARE Ratings Limited Investor Presentation Q3 & 9MFY25
Slide 2: 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 securitie
Slide 3: Macro-Economic
Macro-Economic
Slide 4: Fundraising Activity in the Economy
Fundraising Activity in the Economy Corporate Bond Issuances* Commercial Paper Issuances (Rs. Lakh Crore) (Rs. Lakh Crore) 4 4.0 3.8 3.8 3.7 3.8 3.2 3.0 3.5 3 3.3 2.6 2.5 3.0 2.9 3 2.0 2.5 2 1.9 2.0 2 1.5 1 1.0 1 0.5 0 0.0 Q1 FY24 Q1 FY25 Q2 FY24 Q2 FY25 Q3 FY24 Q3 FY25 Q1 FY24 Q1 FY25 Q2 FY24 Q2 FY
Slide 5: Lead Indicators: IIP & PMI
Lead Indicators: IIP & PMI IIP Growth Manufacturing & Services PMI 8 PMI- Manufacturing PMI- Services 7 6.3 63 6 5.6 5.5 5.2 4.9 5.0 5.2 61 59.3 5 4.4 4.2 59 4 3.7 Y-o-Y % 3.1 57 3 2.5 55 56.4 2 53 1 51 0.0 0 49 -1 47 -2 45 Jan-24 Apr-24 May-24 Jan-24 Apr-24 May-24 Jul-24 Jul-24 Mar-24 Aug-24 Mar-24
Slide 6: Bank Credit Offtake
Bank Credit Offtake SCB Credit Growth Credit-Deposit Ratio (Data outstanding as of end of November) 79 78.7 25 22.2 78 20 18.7 16.5 16.3 14.4 77 Y-o-Y (%) 15 11.8 10 76 8.1 5.5 5 75 0 Non-Food Industry (22%) Services (28%) Personal Loans 74 Sep-24 Jan-24 Aug-24 Jul-23 Aug-23 Sep-23 Feb-24 Jul-24 Apr
Slide 7: Financials
Slide 8: Standalone: Q3 & 9MFY25 Key Highlights
Standalone: Q3 & 9MFY25 Key Highlights REVENUE FROM EBITDA & EBITDA PAT & PAT Margins % Earning Per Share OPERATIONS Margin % Rs. 245.45 Crs Rs. 109.40 Crs Rs. 103.11 Crs Rs. 34.49 9MFY25 YoY YoY YoY 18% 18% 22% Margin : 45 % Margin : 37 % Rs. 78.59 Crs Rs. 30.30 Crs Rs. 29.46 Crs Q3FY25 Rs. 9.85 Yo
Slide 9: Consolidated: Q3 & 9MFY25 Key Highlights
Consolidated: Q3 & 9MFY25 Key Highlights REVENUE FROM EBITDA & EBITDA PAT & PAT Margins % Earning Per Share OPERATIONS Margins % Rs. 292.67 Crs Rs. 107.97 Crs Rs. 96.63 Crs 9MFY25 Rs. 31.65 YoY YoY YoY 21% 30% 24% Margin : 37 % Margin : 29 % Rs. 96.38 Crs Rs. 30.43 Crs Rs. 28.37 Crs Q3FY25 Rs. 9.30
Slide 10: Consolidated: Segmental Contribution
Consolidated: Segmental Contribution 9MFY25 9MFY24 Revenue Break-up Revenue Break-up 10.3% 89.7% 9.0% 91.0% Ratings Business Ratings Business Rs. 262.51 Crs NON- Rs. 30.16 Crs RATINGS YoY RATINGS YoY BUSINESS 20 % BUSINESS 38 % This increasing in Non-Ratings contribution of 10.3% is on the backdrop
Slide 11: About Us
Slide 12: About Us CareEdge
About Us CareEdge Group CARE Ratings Limited (Parent Company) Subsidiaries 100% 100% 100% 78% 51% CARE Analytics CARE CARE Ratings CARE Ratings CareEdge Global and Advisory ESG Ratings Limited (Africa) Nepal Limited IFSC Limited Private Limited Private Limited 100% CARE Ratings South Africa (Pty) Lt
Slide 13: Ratings
Slide 14: Credit Ratings & Other Ratings
Credit Ratings & Other Ratings CareEdge Ratings – India ▪ Incorporated in 1993, India’s second-largest credit rating agency licensed by SEBI & accredited by the RBI ▪ Dominant position in BFSI and Infrastructure sector ratings CareEdge Global IFSC Limited (Subsidiary of CARE Ratings Ltd. with 100% s
Slide 15: Non Ratings
Slide 16: CARE Analytics and Advisory Private Limited (CAAPL)
CARE Analytics and Advisory Private Limited (CAAPL) Advisory Services Analytics Services Advisory & Consulting Practice Sustainability Practice Risk Consulting Digital Banking Solutions • Bespoke Consulting • ESG Strategy and Integration • Valuation Services • Customer Journey • Scorecard & Model en
Slide 17: Outreach Activities – Q3FY25 - Summary
Outreach Activities – Q3FY25 - Summary Regular & Thematic 83 Events 2 Webinars 7 Conducted Reports Published Participation 50 Opinion 14 Media 4,72 in Knowledge pieces and Mentions & Sharing & media Coverages 9 Speaker Forums interactions 17 17
Slide 18: Outreach Activities: Q3FY25
Outreach Activities: Q3FY25 CareEdge Nepal hosted its ‘Conversations’ event on “Enhancing CareEdge Global successfully hosted CareEdge Conversations 2024 – Nepal Capital Markets in Nepal” in Kathmandu on November 24, 2024. The Dialogue – ‘The Dialogue’, an interactive session Mumbai “Navigating GIFT
Slide 19: Contact Us
Contact Us Company : Investor Relations Advisors : CARE Ratings Limited Strategic Growth Advisors Private Limited CIN: L67190MH1993PLC071691 CIN: U74140MH2010PTC204285 Ms. Ami Parekh / Mr. Chaitanya Satwe investor.relations@careedge.in ami.parekh@sgapl.net / chaitanya.satwe@sgapl.net +91 80824 66052
Slide 20: About Us
About Us CareEdge is a knowledge-based analytical group offering services in Credit Ratings, Analytics, Consulting and Sustainability. Established in 1993, the parent company CARE Ratings Ltd (CareEdge Ratings) is India’s second-largest rating agency, with a credible track record of rating companies