Slide 1: Corporate Presentation
Corporate Presentation Updated for 2Q 2017 results August 2017 © 2017 CRISIL Ltd. All rights reserved.
Slide 2: Disclaimer / Safe Harbor
Disclaimer / Safe Harbor This presentation has been prepared solely as a concise update of Company’s quarterly results. By reading the presentation slides, you agree to be bound by the following limitations: (a) CRISIL Ltd. (“CRISIL” or “Company”) cannot give assurance to the correctness of forward
Slide 3: Agenda
Agenda Executive summary © 2017 CRISIL Ltd. All rights reserved. Operating and business environment Financial highlights Segment performance Thought Leadership Key risks and challenges 3
Slide 4: Executive summary
Executive summary • CRISIL’s revenues grew by 9% YoY to ₹ 407 cr for the three months ended June 30, 2017; PBT grew by 10% YoY to ₹ 99 cr in the same period − Ratings grew at a moderate pace primarily driven by strong growth in large-corporate ratings, partially offset by decline in SME ratings due
Slide 5: Operating and business environment
Agenda Executive summary © 2017 CRISIL Ltd. All rights reserved. Operating and business environment Financial highlights Segment performance Thought Leadership Key risks and challenges 5
Slide 6: Evolving macro and business environment
Evolving macro and business environment… India Global Government focused on Global economy in a better raising ‘trend’ than ‘cyclical’ shape, but challenged by growth by repair and reform divergent monetary policies measures © 2017 CRISIL Ltd. All rights reserved. Private consumption Evolving regula
Slide 7: …is conducive for bringing innovation to the fore
…is conducive for bringing innovation to the fore • Assigned India’s first rating on the infrastructure EL scale Expected loss ratings for • The new framework aims to facilitate greater participation from long-term investors and lenders infrastructure projects • Complements conventional credit ratin
Slide 8: Financial highlights
Agenda Executive summary © 2017 CRISIL Ltd. All rights reserved. Operating and business environment Financial highlights Segment performance Thought Leadership Key risks and challenges 8
Slide 9: Quarter revenues grew by 9%; PBT by 10%
Quarter revenues grew by 9%; PBT by 10% Segment operating revenues* +9% +10% ₹ crore 407 808 375 733 21 24 37 45 244 267 476 532 110 116 220 231 2Q 2016 2Q 2017 1H 2016 1H 2017 © 2017 CRISIL Ltd. All rights reserved. Ratings Research Advisory Profit before tax*^ ₹ crore +10% +4% 90 99 195 204 2Q 201
Slide 10: Segment performance
Agenda Executive summary Operating and business environment © 2017 CRISIL Ltd. All rights reserved. Financial highlights Segment performance Ratings Research Advisory Thought Leadership Key risks and challenges 11
Slide 11: Ratings: 2Q 2017 Highlights
Ratings: 2Q 2017 Highlights Update Financial update Revenue (₹ cr) • Revenue grew by 6% YoY in 2Q 2017 to ₹ 116 cr driven by growth in large corporate segment +6% • Segment profit grew by 29% to ₹ 32 cr 110 116 • Sluggish credit offtake impacted bank loan issuance © 2017 CRISIL Ltd. All rights reser
Slide 12: Segment performance
Agenda Executive summary Operating and business environment © 2017 CRISIL Ltd. All rights reserved. Financial highlights Segment performance Ratings Research Advisory Thought Leadership Key risks and challenges 13
Slide 13: Research: Q2 2017 Highlights
Research: Q2 2017 Highlights Update Financial update Revenue (₹ cr) • Revenue grew by 9% YoY in Q2 2017 to ₹ 267 cr driven by Global Research and Analytics, and Coalition +9% 267 • Risk & Analytics continued to benefit from opportunities in 244 model validation, stress testing, regulatory change man
Slide 14: Segment performance
Agenda Executive summary Operating and business environment © 2017 CRISIL Ltd. All rights reserved. Financial highlights Segment performance Ratings Research Advisory Thought Leadership Key risks and challenges 15
Slide 15: Advisory: 2Q 2017 Highlights
Advisory: 2Q 2017 Highlights Update Financial update Revenue (₹ cr) • Revenue grew by 16% YoY in 2Q 2017 to ₹ 24 cr • Strong growth was driven by new mandates and +16% 24 successful delivery of existing projects 21 • Investment in Risk Solutions have begun to pay off with © 2017 CRISIL Ltd. All righ
Slide 16: Thought Leadership
Agenda Executive summary © 2017 CRISIL Ltd. All rights reserved. Operating and business environment Financial highlights Segment performance Thought Leadership Key risks and challenges 17
Slide 17: Leading provider of independent opinion
Leading provider of independent opinion © 2017 CRISIL Ltd. All rights reserved. Ashu Suyash, MD & CEO, at CRISIL's Dharmakirti Joshi, Chief Economist, CRISIL India Outlook FY18 Resetting Growth moderating a panel discussion on 'Innovation, Expectations Exploration & India's Growth Trajectory at Asia
Slide 18: Key risks and challenges
Agenda Executive summary © 2017 CRISIL Ltd. All rights reserved. Operating and business environment Financial highlights Segment performance Thought Leadership Key risks and challenges 19
Slide 19: Key risks and challenges
Key risks and challenges Uneven global economic growth Uncertain regulatory environment © 2017 CRISIL Ltd. All rights reserved. Adverse currency movements Reputation risk Intense price competition 20
Slide 20: Thank you
21 Thank you © 2017 CRISIL Ltd. All rights reserved.
Slide 21: Disclaimer / Safe Harbor
Disclaimer / Safe Harbor This presentation has been prepared solely as a concise update of Company’s quarterly results. By reading the presentation slides, you agree to be bound by the following limitations: (a) CRISIL Ltd. (“CRISIL” or “Company”) cannot give assurance to the correctness of forward