Slide 1: Corporate Presentation FY 2022 cover letter to exchanges
CRISIL An S&P Global Company February 22, 2023 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 P
Slide 2: 2022 Analyst Presentation
CR SIL 2022 Analyst Presentation An 8 P GIWIII Company February 2023 © 2023 CRISIL Ltd. All rights reserved. 1
Slide 3: Disclaimer / Safe Harbor
Disclaimer / Safe Harbor This presentation has been prepared solely as a concise update of Company’s quarterly and/or annual 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 correctne
Slide 4: Agenda
Agenda -► 1. CRISIL Overview t -► 2. Business Environment © 2023 CRISIL Ltd. All rights reserved. -► 3. Performance Update ■► 4. Segment Performance ♦ -► 5. Thought Leadership 6. Corporate Social Responsibility 3 CRISIL .An S&P Globlll Company
Slide 5: CRISIL: Over 30-year journey of innovation and excellence
CRISIL: Over 30-year journey of innovation and excellence 20.3% 2022 Revenue from Operations growth #Agile 30.7% to market needs d-- . -- - 2022 Adj.* PAT © 2023 CRISIL Ltd. All rights reserved. growth 12600+ Clients Unleashing #Innovation Global presence across 11countries 38% Female Defining #Glob
Slide 6: Agenda
Agenda -► 1. CRISIL Overview ♦ I ! -► 2. Business Environment I © 2023 CRISIL Ltd. All rights reserved. -► 3. Performance Update ♦ ■► 4. Segment Performance ♦ -► 5. Thought Leadership ♦ 6. Corporate Social Responsibility 5 CRISIL .An S&P Globlll Company
Slide 7: Macroeconomic Indicators
Macroeconomic Indicators Indicator FY2021 FY2022 FY2023F FY2024F GDP (y-o-y %) -6.6 8.7 7.0* 6.0 10-year G-sec yield (%, March) 6.2 6.8 7.5 7.0 Fiscal deficit (% of GDP) 9.2 6.9 6.4 5.9# Exchange rate (Re/$, March avg.) 72.8 75.5 81.5 82 India © 2023 CRISIL Ltd. All rights reserved. CPI Inflation (%
Slide 8: Global growth seen slipping amid elevated risks
Global growth seen slipping amid elevated risks Macro trends Business environment trends Global growth continue to be muted Sustained volatility in capital markets © 2023 CRISIL Ltd. All rights reserved. Continued spends related to regulatory mandates Heightened geopolitical conditions and need for
Slide 9: Agenda
Agenda -► 1. CRISIL Overview ♦ I ! -► 2. Business Environment I © 2023 CRISIL Ltd. All rights reserved. -► 3. Performance Update t ■► 4. Segment Performance ♦ -► 5. Thought Leadership ♦ 6. Corporate Social Responsibility 8 CRISIL .An S&P Globlll Company
Slide 10: Q4 and full-year 2022 highlights
Q4 and full-year 2022 highlights Income from operations Profit before exceptional items and tax* PAT excl. the impact of exceptional item* ₹ crore ₹ crore ₹ crore +16.5% +15.3% +17.5% 706.0 822.3 179.5 207.0 134.5 158.0 © 2023 CRISIL Ltd. All rights reserved. Q4 2021 Q4 2022 Q4 2021 Q4 2022 Q4 Q4 20
Slide 11: Agenda
Agenda -► 1. CRISIL Overview ♦ I -► 2. Business Environment ♦ © 2023 CRISIL Ltd. All rights reserved. -► 3. Performance Update -► 4. Segment Performance - Ratings ! I -► 5. Thought Leadership ♦ 6. Corporate Social Responsibility 10 CRISIL .An S&P Globlll Company
Slide 12: Corporate bond issuances saw uptick; Credit growth continues to grow in mid-teens
Corporate bond issuances saw uptick; Credit growth continues to grow in mid-teens Bond Issuance Quantum (₹ billion) Credit Growth (%) 25% +13% 20.2% 8,000 © 2023 CRISIL Ltd. All rights reserved. 7,853 20% 7,463 6,000 6,614 15% 4,000 14.9% 2,000 10% 14.0% 0 5% 2020 2021 2022 0% Jul-20 Jul-21 Jul-22 N
Slide 13: Ratings: Highlights
Ratings: Highlights Financials Particulars (₹ cr) Q4 2021 Q4 2022 Growth Particulars (₹ cr) 2021 2022 Growth Income from Income from 162.1 177.2 9.3% 592.4 663.4 12.0% Operations Operations © 2023 CRISIL Ltd. All rights reserved. Segment Profit 66.5 71.2 7.1% Segment Profit 253.8 278.6 9.8% Margin 4
Slide 14: Agenda
Agenda -► 1. CRISIL Overview ♦ I -► 2. Business Environment ♦ © 2023 CRISIL Ltd. All rights reserved. -► 3. Performance Update -► ! Segment Performance – 4. Research, Analytics & Solutions I -► 5. Thought Leadership ♦ 6. Corporate Social Responsibility 13 CRISIL .An S&P Globlll Company
Slide 15: CIB revenues moderate due to slowdown in primary markets; MFs and private capital continue to grow
CIB revenues moderate due to slowdown in primary markets; MFs and private capital continue to grow India mutual fund AUM* Alternative Investment Funds (AIFs)* ₹ ‘000 crore ₹ ‘000 crore 2,687 2,993 3,864 4,085 • Commitments • Investments 442 609 695 348 © 2023 CRISIL Ltd. All rights reserved. 267 311
Slide 16: Regulatory focus continue to drive spends
Regulatory focus continue to drive spends Global themes • ESG & Climate Risk integration and reporting • FCC/AML/FATF • Governance of AI/ML models • Stress Testing • Cyber security USA Europe, including UK • Third-party risk • BSA / AMLA • SR 11-7 • Customer and Conduct risk • CCR • PRA CP 6/22 © 20
Slide 17: Research, Analytics & Solutions: Highlights
Research, Analytics & Solutions: Highlights Financials Particulars (₹ cr) Q4 2021 Q4 2022 Growth Particulars (₹ cr) 2021 2022 Growth Income from Income from 543.9 645.1 18.6% 1708.3 2105.3 23.2% Operations Operations © 2023 CRISIL Ltd. All rights reserved. Segment Profit 115.9 144.0 24.2% Segment Pr
Slide 18: Agenda
Agenda -► 1. CRISIL Overview ♦ I -► 2. Business Environment ♦ © 2023 CRISIL Ltd. All rights reserved. -► 3. Performance Update ■► 4. Segment Performance -► 5. Thought Leadership f 6. Corporate Social Responsibility ♦ 17 CRISIL .An S&P Globlll Company
Slide 19: Thought Leadership (1 of 2)
Thought Leadership (1 of 2) In the Media Events & Webinars CRISIL CRl~IL Repon - ThP. hi~} sh fl in fillcl llCi~JI s:1tion Risks to growth ....,k• ,nttUFgence IAnotyttce CRIS\L Rlsingin1crcs1 rares and slowing external demand will dampen growth over dlC forcsce.1blc fucurc CRISI L Ratings webmar on
Slide 20: Thought Leadership (2 of 2)
Thought Leadership (2 of 2) Reports & Blogs Cg~lition Gr00nwic~ .•, ;;lr1 i,: fn Qt (;~a ~=I L Praducts -&: Solutloru; Who We ScN-C: Grccnvllch E'Mdl.:ill9!C Social Media C1:,,lilin11 ,-, 1,.,. f<: r fr•,« -4.rnrs-11 il,mki ri ~ - JQ n Coalition lnd8X Accelerating Qi l:1.....r11,1;1:d 1 Ri.llJU I L
Slide 21: Agenda
Agenda -► 1. CRISIL Overview ♦ I -► 2. Business Environment ♦ © 2023 CRISIL Ltd. All rights reserved. -► 3. Performance Update Segment Performance – ■► 4. Research, Analytics & Solutions -► 5. Thought Leadership 6. Corporate Social Responsibility l 20 CRISIL .An S&P Globlll Company
Slide 22: Delivering social impact through CSR initiatives
Delivering social impact through CSR initiatives Financial capability building of rural women & communities Promoting environment conservation and larger social consciousness among employees ~ ... © 2023 CRISIL Ltd. All rights reserved. A CR ISIL Prog ram me • Mein Pragati continues to drive outreac
Slide 23: About CRISIL Limited
About CRISIL Limited CRISIL is a leading, agile and innovative global analytics company driven by its mission of making markets function better. It is India’s foremost provider of ratings, data, research, analytics and solutions, with a strong track record of growth, culture of innovation and global