Slide 1: CARE Ratings Limited Investor Presentation Q3 & 9M FY26
CARE Ratings Limited Investor Presentation Q3 & 9M FY26
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 securities
Slide 3: Macro-Economic Indicators
Slide 4: Fundraising Activity in the Economy
Fundraising Activity in the Economy Corporate Bond Issuances* Commercial Paper Issuances (Rs. Lakh Crore) (Rs. Lakh Crore) 8.0 7.9 12.5 11.4 2.7 2.4 3.8 3.6 Q3 FY25 Q3 FY26 9M FY25 9M FY26 Q3 FY25 Q3 FY26 9M FY25 9M FY26 Source: Prime database; Data Extracted on 30th January 2026; Source: RBI * Incl
Slide 5: Bank Credit Offtake
Bank Credit Offtake Credit Growth in Industry & Services Industrial Credit Growth 18 35 31.0 16 15.3 30 14 13.3 11.5 25 12 19.8 20.4 Y-o-Y % Y-o-Y % 10 20 8 7.5 15 6 9.8 10 7.5 4 5.5 5 2 0 0 Industry (23.0) Services (29.4) Micro & Small (23.1) Medium (9.6) Large (67.3) Dec-24 Dec-25 Dec-24 Dec-25 So
Slide 6: First Advance Estimate Pegs India's GDP Growth at 7.4% for FY26
First Advance Estimate Pegs India’s GDP Growth at 7.4% for FY26 Real GDP Growth Consumption and Investment Growth 12 Private Final Consumption Expenditure (PFCE) CareEdge Gross Fixed Capital Formation (GFCF) Projection 10 9.7 9.2 20 17.5 18 8 7.6 7.4 16 7.2 6.5 Y-o-Y % 14 11.7 Y-o-Y % 6 12 10 8.4 8.
Slide 7: Financials
Slide 8: Q3 FY26 Key Highlights
Q3 FY26 Key Highlights Standalone Consolidated YOY YOY Rs. 90.24 Crs Rs. 112.12 Crs 16% 15% Revenue from Operations Revenue from Operations YOY Margin YOY Margin Rs. 37.23 Crs 23% 41% Rs. 40.34 Crs 33% 36% EBITDA & EBITDA Margin % EBITDA & EBITDA Margin % YOY Margin YOY Margin Rs. 36.06 Crs 22% 35%
Slide 9: 9M FY26 Key Highlights
9M FY26 Key Highlights Standalone Consolidated YOY YOY Rs. 280.15 Crs 14% Rs. 342.40 Crs 17% Revenue from Operations Revenue from Operations YOY Margin YOY Margin Rs. 129.50 Crs 18% 46% Rs. 136.64 Crs 27% 40% EBITDA & EBITDA Margin % EBITDA & EBITDA Margin % YOY Margin YOY Margin Rs. 121.01 Crs 17%
Slide 10: Consolidated: Segmental Contribution
Consolidated: Segmental Contribution 9MFY26 Rs. 305.69 Crs YOY 17% 11% Ratings Segment 89% Rs. 36.71 Crs YOY Non-Ratings Segment Ratings Segment Non - Ratings Segment 21% The non-rating segment contribution to consolidated revenue is 11%, even as the ratings segment recorded a strong 17% growth 10
Slide 11: About Us
Slide 12: About Us CareEdge
About Us Our To be a global research and analytics Our To provide best-in- class tools, analyses, company that enables risk mitigation and and insights, enabling customers to make Vision superior decision making Mission informed decisions CareEdge Group CARE Ratings Limited (Parent Company) 100% 100
Slide 13: 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 CareEdge Global is a full- Incorporated in 2014 Incorporate
Slide 14: CARE Analytics and Advisory Private Limited
CARE Analytics and Advisory Private Limited Advisory Services Analytics Services Advisory & Consulting Sustainability Risk Digital Banking Practice Practice Consulting Solutions • Bespoke Consulting • ESG Strategy and Integration • Valuation Services (MLD, Unlisted • Customer Journey enhancements •
Slide 15: Outreach Activities: Q3 FY26
Outreach Activities: Q3 FY26 CareEdge Events Product Launches Knowledge Partnerships CareEdge Global’s ‘The CareEdge Ratings’ Dialogue - Ratings and ‘Conversations - Powering CareEdge Ratings’ Past Risk and CareEdge Analytics’ ReInvitEdge – a Economic Resilience - Building India’s Growth: Shaping Re
Slide 16: Contact Us
Contact Us 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 / +9