Crisil Limited · NSE:CRISIL
Crisil — FY2021 Earnings Presentation
30 slides from Crisil's earnings presentation, Feb 17, 2022
Slide 1: Exchange filing cover letter: Corporate Presentation FY 2021
February 17, 2022 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 Presentation FY 2021 We are en
Slide 2: 2021 Analyst presentation
2021 Analyst presentation February 2022 © 2022 CRISIL Ltd. All rights reserved. July 2020 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 2. Business Environment © 2022 CRISIL Ltd. All rights reserved. 3. Performance Update 4. Segment Performance 5. Thought Leadership 6. Corporate Social Responsibility 3
Slide 5: CRISIL is a leading global analytics company
CRISIL is a leading global analytics company driven by its mission of making markets function better Ratings Benchmarking Insights © 2022 CRISIL Ltd. All rights reserved. Research Services Risk Solutions Empowering decision- making with cutting-edge #Analytics Market Insights & Analytics #Global foo
Slide 6: Agenda
Agenda 1. CRISIL Overview 2. Business Environment © 2022 CRISIL Ltd. All rights reserved. 3. Performance Update 4. Segment Performance 5. Thought Leadership 6. Corporate Social Responsibility 5
Slide 7: Global recovery leads to better macro-economic performance
Global recovery leads to better macro-economic performance Indicator FY2020 FY2021 FY2022F FY2023F GDP (y-o-y %) 3.7 -6.6 9.2^ 7.8 10-year G-sec yield (%, March) 6.2 6.2 6.8 7.0^^ Fiscal deficit (% of GDP) 4.7 9.2 6.9* 6.4** © 2022 CRISIL Ltd. All rights reserved. Exchange rate (Re/$, March avg.) 74
Slide 8: Overall positive trends but few risks remain
Overall positive trends but few risks remain Macro Trends Business environment trends Healthy economic growth Buoyant capital market activity © 2022 CRISIL Ltd. All rights reserved. Expected capex cycle revival Increased emphasis on credit and non- financial risk Geopolitical uncertainty Accelerated
Slide 9: Agenda
Agenda 1. CRISIL Overview 2. Business Environment © 2022 CRISIL Ltd. All rights reserved. 3. Performance Update 4. Segment Performance 5. Thought Leadership 6. Corporate Social Responsibility 8
Slide 10: 2021 Performance snapshot
2021 Performance snapshot • Strong financial performance ‒ Income from operations for the quarter up 18.2% and for the year 2021 up 16.1% ‒ PBT before exceptional items and tax for the quarter up 33.9% and for the year 2021 up 24.9% ‒ Profit after tax up 53.2% for the quarter and 31.3% for the year
Slide 11: Robust growth in Q4 2021 and full year 2021
Robust growth in Q4 2021 and full year 2021 Income from operations Profit before exceptional items and tax Profit after tax1 ₹ crore ₹ crore ₹ crore +18.2% +33.9% +53.2% 597.2 706.0 134.1 179.5 168.6 110.0 © 2022 CRISIL Ltd. All rights reserved. Q4 2020 Q4 2021 Q4 2020 Q4 2021 Q4 2020 Q4 2021 +24.9%
Slide 12: Strategy of sustainable growth driven through new solutions and offerings
Strategy of sustainable growth driven through new solutions and offerings.. © 2022 CRISIL Ltd. All rights reserved. Independent Credit Evaluation Expected Loss Ratings CRISIL Alternate Investment Funds CRISIL ESG Scores Benchmarks 11
Slide 13: ..including sharper focus on ESG
..including sharper focus on ESG Our commitment to ESG © 2022 CRISIL Ltd. All rights reserved. Growing suite of offerings Thought Leadership • ESG Scores (India) – 225+ companies • ESG research for sell side and buy side • Sustainability assessment of loan book • ESG Benchmarks and framework assessm
Slide 14: Recognition through multiple awards and honors
Recognition through multiple awards and honors Great Place to Work Recognition Diversity Recognition Diversity Recognition Marketing Impact Recognition © 2022 CRISIL Ltd. All rights reserved. Part of “2021 Working Mother & Avatar Best Companies for Women Awarded 2nd year in a row in India” Part of “
Slide 15: Agenda
Agenda 1. CRISIL Overview 2. Business Environment © 2022 CRISIL Ltd. All rights reserved. 3. Performance Update 4. Segment Performance - Ratings 5. Thought Leadership 6. Corporate Social Responsibility 14
Slide 16: Capital markets issuers saw decline during the year; credit growth remains subdued
Capital markets issuers saw decline during the year; credit growth remains subdued Bond Issuance Quantum (₹ billion) Credit Growth (%) -23% 16.0% 7,853 14.3% 8,000 7,152 12.0% © 2022 CRISIL Ltd. All rights reserved. 6,043 6,000 9.2% 8.0% 4,000 9.2% 2,000 4.0% 0 0.0% Oct-21 Apr-21 Nov-21 Dec-21 Jul-2
Slide 17: Sustained economic recovery driving improvement in credit ratio
Sustained economic recovery driving improvement in credit ratio1 Trends in credit ratio and debt-weighted credit ratio (on a 12-month rolling basis) © 2022 CRISIL Ltd. All rights reserved. 1Reflects to the ratio of upgrades to downgrades. Excludes rating actions involving ratings with the Issue-not-
Slide 18: Ratings: Highlights
Ratings: Highlights Financials Particulars (₹ cr) Q4 2020 Q4 2021 Growth Particulars (₹ cr) 2020 2021 Growth Income from Income from 150.7 165.0 9.5% 565.0 604.1 6.9% Operations Operations © 2022 CRISIL Ltd. All rights reserved. Segment Profit 58.0 66.0 13.8% Segment Profit 226.7 252.7 11.5% Margin
Slide 19: Agenda
Agenda 1. CRISIL Overview 2. Business Environment © 2022 CRISIL Ltd. All rights reserved. 3. Performance Update 4. Segment Performance - Research 5. Thought Leadership 6. Corporate Social Responsibility 18
Slide 20: Indian markets continue positive run; globally CIB normalizes and ESG gains momentum
Indian markets continue positive run and ends the year on a high; Globally, CIB industry normalizes and ESG gains momentum ₹ ‘000 crore ₹ ‘000 crore 3,864 609 2,993 2,687 India 2,237 2,366 442 Alternative 348 mutual fund 239 267 Investment 185 AUM* © 2022 CRISIL Ltd. All rights reserved. 142 Funds (
Slide 21: Evolving regulations present opportunities
Evolving regulations present opportunities Global themes • ESG integration, reporting • FCC/AML • Stress Testing • Cyber security • Third-party risk USA • Customer and Conduct risk • DFAST Europe, including UK © 2021 CRISIL Ltd. All rights reserved. • FRTB • CECL • SFDR, EU Taxonomy • BSA / AMLA • C
Slide 22: Research: Highlights
Research: Highlights Financials Particulars (₹ cr) Q4 2020 Q4 2021 Growth Particulars (₹ cr) 2020 2021 Growth Income from Income from 406.8 494.3 21.5% 1282.7 1543.7 20.3% Operations Operations Segment Profit 71.1 107.5 51.2% Segment Profit 209.0 324.1 55.1% © 2022 CRISIL Ltd. All rights reserved. M
Slide 23: Agenda
Agenda 1. CRISIL Overview 2. Business Environment © 2022 CRISIL Ltd. All rights reserved. 3. Performance Update 4. Segment Performance - Advisory 5. Thought Leadership 6. Corporate Social Responsibility 22
Slide 24: Advisory: Highlights
Advisory: Highlights Financials Particulars (₹ cr) Q4 2020 Q4 2021 Growth Particulars (₹ cr) 2020 2021 Growth Income from Income from 39.8 46.8 17.6% 134.1 152.9 14.0% Operations Operations © 2022 CRISIL Ltd. All rights reserved. Segment Profit 6.4 8.8 37.5% Segment Profit 10.1 16.6 64.4% Margin 16.
Slide 25: Agenda
Agenda 1. CRISIL Overview 2. Business Environment © 2022 CRISIL Ltd. All rights reserved. 3. Performance Update 4. Segment Performance 5. Thought Leadership 6. Corporate Social Responsibility 24
Slide 26: A 'TRUSTED' voice in Media
A ‘TRUSTED’ voice in Media Reports Media © 2022 CRISIL Ltd. All rights reserved. Webinars & Events Social Media 25
Slide 27: Agenda
Agenda 1. CRISIL Overview 2. Business Environment © 2022 CRISIL Ltd. All rights reserved. 3. Performance Update 4. Segment Performance 5. Thought Leadership 6. Corporate Social Responsibility 26
Slide 28: Continue to create social impact through CSR initiatives
Continue to create social impact through CSR initiatives Amplifying CRISIL’s ESG agenda by driving inclusive growth and conserving the environment Financial capability building of rural women and communities • Mein Pragati expanded its outreach and impact through 1,800+ trained Sakhis in 2,800+ vill
Slide 29: Risks
Risks Evolving regulatory environment Information security and cyber-related risks © 2019 CRISIL Ltd. All rights reserved. Adverse currency movement Intense competition Reputation risk 28
Slide 30: 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