CARE Ratings Limited

7%

lobal turmoil, the Indian economy is still relatively better placed, with GDP growth projected over 7% in FY23. Fundraising by businesses showed a mixed scenario in FY22, as issuances in the corporate b

Rs 5.8 lakh crore

mained muted while commercial paper issuances were upbeat. Corporate bond issuances in FY22 were at Rs 5.8 lakh crore, down 24% from the previous year. Total CP issuances were at Rs 20 lakh crore in FY22, higher by 16

24%

rcial paper issuances were upbeat. Corporate bond issuances in FY22 were at Rs 5.8 lakh crore, down 24% from the previous year. Total CP issuances were at Rs 20 lakh crore in FY22, higher by 16% in compa

Rs 20 lakh crore

nces in FY22 were at Rs 5.8 lakh crore, down 24% from the previous year. Total CP issuances were at Rs 20 lakh crore in FY22, higher by 16% in comparison to FY21. Gross bank credit grew by 9.6% in FY22 as against 4.

16%

re, down 24% from the previous year. Total CP issuances were at Rs 20 lakh crore in FY22, higher by 16% in comparison to FY21. Gross bank credit grew by 9.6% in FY22 as against 4.6% in FY21. Bank credit

9.6%

s were at Rs 20 lakh crore in FY22, higher by 16% in comparison to FY21. Gross bank credit grew by 9.6% in FY22 as against 4.6% in FY21. Bank credit to the Industry and Services sector improved to 7.1% a

4.6%

re in FY22, higher by 16% in comparison to FY21. Gross bank credit grew by 9.6% in FY22 as against 4.6% in FY21. Bank credit to the Industry and Services sector improved to 7.1% and 8.9%, respectively. I

7.1%

y 9.6% in FY22 as against 4.6% in FY21. Bank credit to the Industry and Services sector improved to 7.1% and 8.9%, respectively. In FY22, the share of the Retail sector in the total credit offtake was the

8.9%

FY22 as against 4.6% in FY21. Bank credit to the Industry and Services sector improved to 7.1% and 8.9%, respectively. In FY22, the share of the Retail sector in the total credit offtake was the largest

28%

espectively. In FY22, the share of the Retail sector in the total credit offtake was the largest at 28%, followed by Industry and Services at 27% and 26%, respectively. Standalone results CARE Ratings s

27%

ail sector in the total credit offtake was the largest at 28%, followed by Industry and Services at 27% and 26%, respectively. Standalone results CARE Ratings standalone total income decreased by 1.6% f

26%

or in the total credit offtake was the largest at 28%, followed by Industry and Services at 27% and 26%, respectively. Standalone results CARE Ratings standalone total income decreased by 1.6% from Rs.2

Group Approach

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Talent

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Technology

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Branding

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Knowledge Sharing Forums

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CareEdge Union Budget Analysis

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Speaker Invitations

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Branding

Create a distinguished brand worthy of a financial powerhouse 4 Q4 FY22 and FY2021-22 l Private & Confidential – CARE Ratings Limited Financial Performance – Q4 FY22 Particulars Total Revenue Total Expenses Q4 FY 22 compared with Q4 FY 21 Standalone Consolidated Q4 FY22 Q4 FY21 % Change Q4 FY22 Q4 FY21 % Change Rs. in Crore 66.94 74.82 32.76 45.25 (11%) 73.06 85.25 50.81 (28%) 45.66 Profit Before Tax (PBT) 34.18 29.56 16% 27.39 34.44 Provision for Tax 5.26 7.47 (30%) 4.09 7.95 Profit After Tax (PAT) 28.92 22.09 31% 23.31 26.49 Profitability PBT (%) PAT (%) 51% 43% 40% 30% 37% 32% 40% 31% Basic EPS (Rs. Per share) 9.69 7.50 7.72 8.85 (14%) (10%) (20%) (49%) (12%) • • 5 Consolidated Results o For the fourth quarter total income decreased by 14.3% from Rs. 85.25 crore to Rs. 73.06 crore which is largely impacted by reversal of provision last year, which was not there in current year, while net profit decreased from Rs. 26.49 crore to Rs. 23.31 crore as majority of provisions mentioned abo

Knowledge Sharing Forums

• The economics, ratings & industry research teams published their views on various developments blended with the expertise of our rating and research specialists. Published in Q4 FY22 Daily Weekly Fortnightly Monthly Special reports 66 29 6 40 17 • CareEdge senior management, economics, sector specialists, industry research teams along with business development leaders participated in multiple knowledge-sharing forums. • 15 Knowledge sharing forums were conducted in Q4. • CARE Advisory & Research Ltd. associated as the knowledge and assessment partner for ETRise Top MSMEs Ranking.

CareEdge Union Budget Analysis

• CareEdge published a comprehensive Union Budget analysis, which was featured across multiple media houses. 9 Q4 FY22 and FY2021-22 l Private & Confidential – CARE Ratings Limited Outreach Activities

Speaker Invitations

• Ajay Mahajan, MD & CEO, was invited by ET NOW on their show ‘Leaders of Tomorrow’ to share insights on the macro-economic outlook. • • Sachin Gupta, Chief Rating Officer, participated in a discussion on CNBC Aawaz and spoke on the the impact of rising crude oil prices on emerging markets and Ukraine-Russia war. Sanjay Agarwal, Senior Director, was invited as a panellist for a pre-budget discussion, which was organised by CredAvenue in partnership with Money Control. • Kiran Surve, CEO, CareEdge Risk Solutions, was invited as one of the speakers at an exclusive roundtable conversation on the theme ‘Adoption of Cloud Tech in Financial Services”. This was part of the new The Cloud Conversation Series presented by CNBCTV18.com and Microsoft. • Nehal Shah, Head – Compliance, Legal and Secretarial, was invited as a speaker at a Mint webinar titled ‘Reshaping the Compliance Landscape in 2022 and Beyond’. Awards & Accolades: • CareEdge Risk Solutions was chosen as one of the winners of the R