CRISILNSEQ3 FY 2023November 9, 2023

CRISIL Limited

3,025words
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Key numbers — 40 extracted
90%
nergy, public finance and sustainability), risk, data & analytics, and training solutions Serving 90% of India’s banking industry by asset base 4 . d e v r e s e r s t h g i r l l A . d t L I L
39%
© Global presence 4,700+ employees globally – 40+ nationalities across 12 countries; ~39% women employees USA New York, NY Stamford, CT UK London Poland Wroclaw Switzerland Mühlebach
7.7%
A . d t L I L I S R C 3 2 0 2 © Highlights of Q3 and 9M 2023 business performance 7.7% Q3 2023 14.1% 9M 2023 • Ratings Services delivered revenue growth driven by investor preference
14.1%
L I S R C 3 2 0 2 © Highlights of Q3 and 9M 2023 business performance 7.7% Q3 2023 14.1% 9M 2023 • Ratings Services delivered revenue growth driven by investor preference for best-in- c
6.1%
ion • Continued focus on client centricity and developing solutions through high-quality talent, 6.1% Q3 2023 10.0% 9M 2023 PBT • Completed acquisition of Bridge To India Energy Private Limited, a r
10.0%
ed focus on client centricity and developing solutions through high-quality talent, 6.1% Q3 2023 10.0% 9M 2023 PBT • Completed acquisition of Bridge To India Energy Private Limited, a renewable energy
1.75 lakh
rkets, Basel III, the power of AI in asset management • CRISIL Foundation expanded its outreach to 1.75 lakh+ rural community members in Assam and Rajasthan under its flagship ‘Mein Pragati’ programme . d
2.8%
tions Profit before tax Profit after tax ₹ crore +7.7% 683.0 735.9 ₹ crore ₹ crore +6.1% +2.8% 188.8 200.3 147.9 152.0 Q3 2022 Q3 2023 Q3 2022 Q3 2023 Q3 2022 Q3 2023 +14.1% 1,946.5
10.3%
2022 Q3 2023 Q3 2022 Q3 2023 Q3 2022 Q3 2023 +14.1% 1,946.5 2,221.8 +10.0% 535.4 588.9 +10.3% 406.4 448.3 9M 2022 9M 2023 9M 2022 9M 2023 9M 2022 9M 2023 . d e v r e s e r s t h g i r
₹ 11
23 . d e v r e s e r s t h g i r l l A . d t L I L I S R C 3 2 0 2 © • Interim dividend of ₹ 11 per share declared in Q3 2023 • Q3 2023 earnings include foreign exchange gain of Rs 13.3 crore (Rs
Rs 13.3 crore
dividend of ₹ 11 per share declared in Q3 2023 • Q3 2023 earnings include foreign exchange gain of Rs 13.3 crore (Rs 2.6 crore YTD 2023), compared with Rs 48.3 crore in Q3 2022 (Rs 82.3 crore YTD 2022). The prev
Rs 2.6 crore
1 per share declared in Q3 2023 • Q3 2023 earnings include foreign exchange gain of Rs 13.3 crore (Rs 2.6 crore YTD 2023), compared with Rs 48.3 crore in Q3 2022 (Rs 82.3 crore YTD 2022). The previous year's re
Guidance — 2 items
Sub.
opening
“This presentation will be published on the Company's website - www.crisil.com shortly.”
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opening
“d t L I L I S R C 3 2 0 2 © Medium-term prospects for India remain healthy with infrastructure spending the key driver India 8 Domestic demand resilient despite headwinds from slowing exports and elevated interest rates Agenda 1.”
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Risks & concerns — 4 flagged
d t L I L I S R C 3 2 0 2 © ‘Model validation’ category winner for 2nd year in a row Ranked in top 50 risk and compliance technology and service providers National CSR Award, 2020 Category ‘Corporate Awards for Excellence in CSR’ 5 Agenda 1.
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d t L I L I S R C 3 2 0 2 © Key trends in macro and business environment Slowing macroeconomic outlook in US & Europe and geopolitical uncertainties Global banks continue to focus on growth, regulatory spends and business transformation Global Large global banks weathered adverse scenarios in 2023 stress tests Sustained activity in private markets Slowdown in discretionary spending by global financial institutions Rapid advancement of emerging technologies such as generative AI .
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d t L I L I S R C 3 2 0 2 © Corporate bond issuances decline in Q3 after several quarters due to elevated yields; softer growth of wholesale credit amid higher rates Bond issuance quantum (₹ billion) Credit growth (%) 2,629 -35% 2,961 1,937 3,000 2,000 1,000 0 Q1 2023 Q2 2023 Q3 2023 No of Issuers ~360 ~330 ~360 Source: Prime Database, RBI *Data may get revised by Prime Database 25.0% 20.0% 15.0% 10.0% 5.0% 0.0% 14 18.2% 15.3% 13.9% .
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d t L I L I S R C 3 2 0 2 © Thought leadership CRISIL Ratings’ 1st edition of Annual Infrastructure Summit ASSOCHAM 6th National Summit & Awards Corporate Bond Market Moderation at Indian Tractor Of The Year Awards, 2023 Asia Risk Congress 2023, Singapore 20 .
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Speaking time
Sub.
1
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Opening remarks
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Corporate Presentation Q3 2023 Listing Department BSE Limited P J Towers Dalal Street Mumbai 400 001 We are enclosing herewith our corporate presentation updated with the Q3 FY 2023 Financial Results. This presentation will be published on the Company's website - www.crisil.com shortly. Kindly take this communication on record. Yours faithfully, For CRISIL Limited Minal Bhosale Company Secretary ACS 12999 Encl.: a/a CRISIL Limited Corporate Identity Number: L67120MH1987PLC042363 Registered Office: CRISIL House, Central Avenue, Hiranandani Business Park, Powai, Mumbai - 400076. Phone: +91 22 3342 3000 | Fax: +91 22 3342 3001 www.crisil.com Q3 2023 Analyst Presentation November 2023 . d e v r e s e r s t h g i r l l A . d t L I L I S R C 3 2 0 2 © Disclaimer / Safe harbor This presentation has been prepared solely as a concise update of the Company’s quarterly and/or annual results. By reading the presentation slides, you agree to be bound by the following limitations: (a) CRISIL Ltd (“C
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