CARE Ratings Limited

rs 14

To, The General Manager Corporate Relation Department BSE Limited Phiroze Jeejeebhoy Towers 14th Floor, Dalal Street Mumbai 400 001 Scrip Code: 534804 Dear Sir/ Madam, Date: August 9, 2023

21%

nded 30th June 2023. Standalone Financial Highlights Rs. In Crs. Total Income Operating Income 21% 67.68 16% 56.48 56.07 48.74 Q1FY23 Q1FY24 Q1FY23 Q1FY24 Profit After Tax 21.62 20% 18.

16%

ne 2023. Standalone Financial Highlights Rs. In Crs. Total Income Operating Income 21% 67.68 16% 56.48 56.07 48.74 Q1FY23 Q1FY24 Q1FY23 Q1FY24 Profit After Tax 21.62 20% 18.08 Profit A

20%

ome 21% 67.68 16% 56.48 56.07 48.74 Q1FY23 Q1FY24 Q1FY23 Q1FY24 Profit After Tax 21.62 20% 18.08 Profit After Tax Margins 32% 32% Q1FY23 Q1FY24 Q1FY23 Q1FY24 1 CARE Ratings Limited

32%

.74 Q1FY23 Q1FY24 Q1FY23 Q1FY24 Profit After Tax 21.62 20% 18.08 Profit After Tax Margins 32% 32% Q1FY23 Q1FY24 Q1FY23 Q1FY24 1 CARE Ratings Limited Commenting on the results and perfor

16.2%

dicating a strong growth trajectory. In June 2023, the gross bank credit growth has accelerated to 16.2% as against 14.5% in the same period last year. This growth was driven by the services segment follo

14.5%

growth trajectory. In June 2023, the gross bank credit growth has accelerated to 16.2% as against 14.5% in the same period last year. This growth was driven by the services segment followed by retail. Cr

8.1%

his growth was driven by the services segment followed by retail. Credit to industries increased by 8.1%; while credit growth to large enterprises improved to 6.4% as against 3.2% last year. Corporate bo

6.4%

etail. Credit to industries increased by 8.1%; while credit growth to large enterprises improved to 6.4% as against 3.2% last year. Corporate bond and commercial paper issuances picked up pace in Q1 FY24

3.2%

industries increased by 8.1%; while credit growth to large enterprises improved to 6.4% as against 3.2% last year. Corporate bond and commercial paper issuances picked up pace in Q1 FY24. Fundraising th

Rs. 56.48 Crore

are also seen in private capex. On standalone basis, our Company recorded an operating revenue of Rs. 56.48 Crore in Q1FY24 as compared to Rs. 48.74 Crore in Q1FY23, registering a growth of 16% Year on Year. For Q

Rs. 48.74 Crore

dalone basis, our Company recorded an operating revenue of Rs. 56.48 Crore in Q1FY24 as compared to Rs. 48.74 Crore in Q1FY23, registering a growth of 16% Year on Year. For Q1 FY24, EBITDA improved to Rs. 20.16 Cror

“No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company.”

Investor Relations Advisors

2

CareEdge Conversations

1

Knowledge Partnerships

1

Media

1

Product Launch

1

Knowledge Sharing Forums and Speaker Invites

1

Webinars

1

Investor Relations Advisors

CIN: L67190MH1993PLC071691 CIN: U74140MH2010PTC204285 investor.relations@careedge.in Ms. Krunali Shah/ Ms. Ami Parekh krunali,.shah@sgapl.net /ami.parekh@sgapl.net +91 98209 87564/ +91 80824 66052 www.careratings.com www.sgapl.net 3 CARE Ratings Limited Investor Presentation Q1FY24 About Us 2 ABOUT US Who Are We Incorporated in 1993, CARE Ratings Limited is one of the leading credit rating agencies in India Professionally managed company Leadership position in important sectors What we offer Ratings One of India’s leading credit rating companies with a track record of servicing diverse sectors for almost three decades with profitable operations in Mauritius and Nepal Advisory and Research Providing credible, high-quality research and analytics Ser ving the f inancial landscape for over Risk Solutions Over 15 years of experience in providing Risk & Compliance solutions three decades…!!! 3 VISION MISSION & VALUES Vision A global research and analytics company that enables risk mitigation

CareEdge Conversations

• As part of its 30 years celebrations, CareEdge successfully hosted ‘CareEdge Conversations’ in New Delhi on May 23. The evening was graced by our Chief Guest Shri Nitin Gadkari, Honourable Minister for Road Transport and Highways, Govt of India, who unveiled CareEdge’s special report titled ‘Infrastructure: Key Driver of India’s Amrit Kaal March’, along with our Guest of Honour Shri Rajiv Bansal, IAS, Secretary, Ministry of Civil Aviation, Govt of India.

Knowledge Partnerships

• CareEdge Research had the privilege of being the Knowledge Partner at ASSOCHAM India Steel Summit 2023, in Delhi. Swati Agrawal, CEO, CART, gave presentation on the key messages derived from our knowledge paper: “Indian Steel Industry - Enhancing Competitiveness & Overcoming Challenges’. • CareEdge was the Knowledge Partner in the 5th Edition of the Global Real Estate Brand Awards, with Aakash Jain, Director, serving as the Keynote Speaker and Panelist at the session on the 'Impact of Increasing Repo Rate on Housing and Real Estate Sector,' attended by CXOs of top real estate companies. • CareEdge participated as an 'Associate Partner,’ in a series of events organized by the PHD Chamber of Commerce (Punjab Chapter)

Media

• CareEdge reports, data, insights and opinion pieces were widely covered across the media universe. A total of 429 mentions and quotes in Q1.

Product Launch

• CareEdge Risk Solutions launched CONSTACHEK, an Early Warning System in Mumbai. The event was graced by Adesh K Gupta, Chairman & Independent Director; Mehul Pandya, MD & CEO; Kiran Surve, CEO, CARE Risk Solutions; Revati Kasture, Executive Director, Swati Agrawal, CEO, CARE Advisory Research & Training. Reports & Publications: • CareEdge native edition of FORESIGHTS on LinkedIn - a power-packed monthly publication that gives a thorough understanding of some macroeconomic and sector-specific developments shaping the country has 13,917 Subscribers. Reports Published Q1FY24 Daily Fortnightly Monthly Special Reports 64 6 46 38 22 OUTREACH ACTIVITIES: Q1FY24

Knowledge Sharing Forums and Speaker Invites

• Mehul Pandya, MD & CEO, discusses the state of the MSME sector and the challenges it faces in an opinion piece in the Financial Express. • Revati Kasture, Executive Director, imparted training to Sebi officers as part of the NISM training programme on Fixed Income Securities. • Revati Kasture, Executive Director, was a panellist for the workshop on ‘Expected Loss Based Credit Rating Mechanism, conducted by Dept of Economic Affairs. • Sachin Gupta, Chief Ratings Officer, was invited by Bank of Baroda for the corporate banking strategy meet 2023 “UDAN 2.0”. • Revati Kasture, Rajani Sinha, and V Pradeep Kumar from CareEdge conducted the well-attended and highly appreciated session, "Credit Ratio & Economy Roundup," for Canara Bank's senior management, • Sanjay Agarwal, Senior Director, was a moderator in the session titled ”Infrastructure Financing – A Key Enabler for Infrastructure Growth” at the ICEMA 4th Annual Finance Conclave . • CareEdge team developed a comprehensive ranking mode