Slide 1: Exchange filing cover letter
Date: August 5, 2025 SE/2025-26/50 To, The General Manager The National Stock Exchange India Ltd. Corporate Relation Department Listing Department BSE Limited Exchange Plaza Phiroze Jeejeebhoy Towers Bandra Kurla Complex 14th Floor, Dalal Street Bandra (East) Mumbai 400 001 Mumbai 400 051 Scrip Code
Slide 2: Investor Release: Q1 FY26 results
CARE Ratings Limited CareEdge Investor Release: 05th August, 2025, Mumbai CARE Ratings Limited (NSE: CARE, BSE: 534804) The Board of Directors of CARE Ratings Limited have declared its unaudited financial results for the quarter ended 30 th June 2025 Standalone Consolidated r- ~ 16% ,. r ... 19% , R
Slide 3: Economic outlook and management commentary
CARE Ratings Limited CareEdge The Indian economy has been largely resilient, recording a GDP growth of 6.5% in FY25. This was supported by an improvement in private consumption growth at 7.2% in FY25 compared to 5.6% in the previous year. Growth in investment was at 7.1% in FY25, mainly led by gover
Slide 4: About CareEdge and Safe Harbor Statement
CARE Ratings Limited CareEdge About CareEdge 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 credi
Slide 5: CARE Ratings Limited Q1 FY26
CARE Ratings Limited Investor Presentation Q1 FY26
Slide 6: Safe Harbour
Safe Harbour CareEdge Ratings • Ana lytics • Consultl n9 • Sustalnab lllty 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, recommenda
Slide 7: Macro-Economic Indicators
Slide 8: Fundraising Activity in the Economy
Fundraising Activity in the Economy Corporate Bond Issuances* Commercial Paper Issuances (Rs. Lakh Crore) (Rs. Lakh Crore) 4.5 3.4 3.8 2.1 Q1 FY25 Q1 FY26 Q1 FY25 Q1 FY26 Source: Prime database; Data Extracted on 17th July 2025; Source: RBI * Includes public issues as well as private placements • Fu
Slide 9: Lead Indicators: GST Collections, E-Way Bills & PMI
Lead Indicators: GST Collections, E-Way Bills & PMI GST Collections & E-way Bills Generation Manufacturing & Services PMI 2.5 14 PMI- Manufacturing PMI- Services 12 65 2.0 1.8 10 60.4 Rs Lakh Crore 60 1.5 58.4 8 Crore 55 1.0 6 4 50 0.5 2 45 0.0 0 Dec-24 Jan-25 Jun-25 May-24 Jun-24 Nov-24 Sep-24 May-
Slide 10: Bank Credit Offtake
Bank Credit Offtake Credit Growth in Industry & Services Industrial Credit Growth 25 23.2 18 16.8 16 15.5 15.5 20 13.7 14 12 15 Y-o-Y % Y-o-Y % 10 9.4 8 7.1 10 8.7 6 4.8 4 5 2 1.0 0 0 Industry (22.4) Services (29.4) Micro & Small (21.6) Medium (9.4) Large (69.0) May-24 May-25 May-24 May-25 Source: R
Slide 11: Lead Indicators: Centre's Continued Focus on Capex
Lead Indicators: Centre’s Continued Focus on Capex Growth in Gross Fixed Capital Formation Centre’s Capex (% GDP) 20 3.5 17.5 3.2 3.2 3.1 3.0 15 2.8 2.5 11.2 2.5 10 8.5 8.8 2.2 7.1 2.0 Y-o-Y % 1.6 1.7 % 5 1.5 1.2 0 1.0 0.5 -5 -7.1 0.0 -10 FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 FY19 FY20 FY21 FY22 F
Slide 12: Financials
Slide 13: Q1 FY26 Key Highlights
Q1 FY26 Key Highlights Standalone Consolidated 19% 16% YoY Rs. 75.6 Crs Rs. 93.9 Crs YoY Operating Income Revenue from Operations 23% 36% 28% 30% Rs. 27.2 Crs Margin Rs. 27.8 Crs YoY Margin YoY EBITDA & EBITDA Margin % EBITDA & EBITDA Margin % 21% 32% 24% 25% Rs. 29.1 Crs YoY Margin Rs. 26.5 Crs YoY
Slide 14: Consolidated: Segmental Contribution
Consolidated: Segmental Contribution Q1FY26 Rs. 82.9 Crs 18% 12% Ratings Business YoY 88% Rs. 11.0 Crs 30% Non-Ratings Business YoY Ratings Business Non - Ratings Business The non-rating business segment’s contribution to consolidated revenue increase to 12%, even as the ratings segment recorded a s
Slide 15: About Us
Slide 16: About Us
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 17: Overall Ratings Business
Overall Ratings Business Credit Ratings Business Other Ratings CareEdge Global CARE Ratings (Africa) CARE Ratings CARE ESG CareEdge Ratings – India Ratings Limited IFSC Limited Private Limited Nepal Limited ✓ Incorporated in 1993, India’s ✓ Licence received from ✓ Incorporated in 2014 and ✓ Incorpor
Slide 18: CARE Analytics and Advisory Private Limited (CAAPL)
CARE Analytics and Advisory Private Limited (CAAPL) 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 enhance
Slide 19: Board of Directors
Board of Directors V. Chandrasekaran Chairman - Non-Executive Independent Director Gurumoorthy Mahalingam Rajiv Bansal Non-Executive Independent Director Non-Executive Independent Director Manoj Chugh Indrani Banerjee Non-Executive Independent Director Non-Executive Independent Director Sobhag Mal J
Slide 20: Outreach Activities
Outreach Activities For Q1 Growth FY26 Vs Q1 FY25 Reports Published 120 39.5% Webinars 04 33.3% Knowledge Sharing & Speaker Forums 36 5.8% Media coverages (CareEdge Headlined 550+) 1842 12.3% Opinion pieces published in Media 10 25% TV & Podcast interviews 10 66.6% 16
Slide 21: Outreach Activities: Q1 FY26
Outreach Activities: Q1 FY26 CareEdge Global CareEdge Global signed an MoU with Invest India to serve as its Knowledge Partner CareEdge Global & Invest India - MoU for events organised by Invest India on a non-exclusive basis on June 23, 2025. – The Dialogue CareEdge Global hosted “The Dialogue on C
Slide 22: Contact Us
Contact Us Company : Investor Relations Advisors : CARE Ratings Limited Strategic Growth Advisors Private Limited CIN: L67190MH1993PLC071691 CIN: U74140MH2010PTC204285 Ms. Neha Shroff/ Ms. Ami Parekh investor.relations@careedge.in neha.shroff@sgapl.net / ami.parekh@sgapl.net +91 77380 73466 / +91 80