An Associates of Moodys Investors Services

ICRA Limited

Final Placements-2010

Agenda
1 Background & Corporate Structure

Brief Overview of Ratings

Final Placements-2010

ICRA Limited An Associates of Moodys Investors Services

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Background and Business

ICRA Limited An Associates of Moodys Investors Services

Background & Corporate Structure

ICRA Limited
Rating Services, Grading Services, Information Services & Outsourcing Services

ICRA Management ICRA Management Consulting Services Consulting Services Limited Limited (100% subsidiary of (100% subsidiary of ICRA Limited) ICRA Limited)

ICRA Techno Analytics ICRA Techno Analytics Limited Limited (100% subsidiary of (100% ICRA Limited) ICRA Limited)

ICRA Online Limited ICRA Online Limited (100% subsidiary of (100% subsidiary of ICRA Limited) ICRA Limited)

Established in 1991, ICRA is one of the leading credit rating agency in India, with association with the Moodys Investors Service Besides Ratings, ICRA Group offers consulting, information technology based services and outsourcing services.

Mutual fund based Mutual fund based Information services Information services Technology product Technology product and services and services Outsourcing services Outsourcing services

Consulting Services Consulting Services

IT solutions in business IT solutions in business applications and applications and processes processes

ICRA Limited An Associates of Moodys Investors Services

ICRA Limited : Journey So Far

2006 - Acquired 2006 - Acquired Computer Exchange Computer Exchange Pvt. Ltd (changed to Pvt. Ltd (changed to ICRA Techno Analytics ICRA Techno Analytics Limited) Limited) 1999 - 1.Technical Services 1999 - 1.Technical Services Agreement (TSA) with Moodys Agreement (TSA) with Moodys Investors Service Investors Service 2.Moodys India acquired 2.Moodys India acquired equity stake in our Company equity stake in our Company 2003 - Acquired minority 2003 - Acquired minority stakes in and entered into stakes in and entered into TSA with Online India TSA with Online India Capital.Com (changed to Capital.Com (changed to ICRA Online Limited) ICRA Online Limited) 2006 - 1.Acquired 100% 2006 - 1.Acquired 100% stake in ICRA Online stake in ICRA Online 2.Demerged consulting 2.Demerged consulting division and t/f to IMaCS division and t/f to IMaCS 2007- Maiden Public Offer of 2007- Maiden Public Offer of 2.58 million equity shares, 2.58 million equity shares, ICRA listed on BSE and NSE ICRA listed on BSE and NSE

Sep 1991 Sep 1991 Launch of credit Launch of credit rating services rating services

1996 - Agreement with 1996 - Agreement with Financial Proformas Inc. Financial Proformas Inc. (Moodys Group (Moodys Group company) to provide company) to provide credit education, risk credit education, risk management software management software and credit research and and credit research and consulting services consulting services

2004 - Launched 2004 - Launched Outsourced Services Outsourced Services Division Division

1991 ICRA 1991 ICRA Incorporated Incorporated

1991

1993

1996

1999

2001

2003

2004

2005

2006

2007

ICRA Limited An Associates of Moodys Investors Services

Association with Moodys

Moodys Corp. through its subsidiary, Moodys India holds 28.51% of ICRAs current equity share capital

Provides technical services to ICRA

ICRA provides certain outsourcing services to Moodys Investors Service

ICRA Limited An Associates of Moodys Investors Services

Geographical Presence

Headquartered in New Delhi/Gurgaon

Branches at Gurgaon ( Haryana), Mumbai, Chennai, Kolkata, Bangalore, Hyderabad, Ahmedabad, Pune providing extensive service and reach to market players

ICRA Limited An Associates of Moodys Investors Services

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Brief Overview of Ratings

ICRA Limited An Associates of Moodys Investors Services

Rating Definition

Symbolic indicator of the current opinion of the relative capability of timely servicing of the debts and obligations as per terms of contract

Specific to a particular debt instrument

Based on a mandate given to a rating agency

Input for decision making, not a recommendation

Eliminates/ minimizes name recognition

ICRA Limited An Associates of Moodys Investors Services

ICRA Rating Teams

Managing Director

Corporate Ratings

Financial Ratings

Public Finance Ratings

Structured Finance Ratings

Rating Teams for sectors such as Auto, Pharma, Metals, Hospitality, Power, Textiles, Building Material, Construction etc.

Rating Teams for Banks, Financial Institutions, NBFCS, State Level Financial Institutions

Rating Teams for State Level Entities, Municipal And Urban Local Bodies

ABS MBS CLO/CDO Loan Sell offs

~60 Analytical staff spread over eight locations engaged in credit ratings across four broad groups, mix of MBAs/Engineers from Top Business/Engineering Institutes and Chartered Accountants
ICRA Limited An Associates of Moodys Investors Services

Range of Product & Services

Credit Rating

Long-term and short-term scales

Line of Credit Rating Corporate Governance Evaluation and Rating Project Finance Rating Issuer Rating Grading Services

IPO Grading Real Estate Developer Grading Mutual Fund Grading

ICRA Limited An Associates of Moodys Investors Services

Rating Methodology

Identification of Risk Factors (business & financial) and protective factors Analysis of Past Financial Statements, Projections Sensitivity Scenarios : What If? Analysis Qualitative Parameters also included Judgment on relative ability to service debt Our Rating Approach is

Interactive Prospective Quantitative as well as Qualitative

ICRA Limited An Associates of Moodys Investors Services

ICRA Ratings enjoy tremendous brand equity

One of the leading credit rating agencies in India Neutral and Independent positioning Demonstrated track record of ratings Enjoys trust and credibility with Governments, banks, multilateral agencies, corporates, and regulators Intensive capabilities in research, rich databases, benchmarks, and analytical frameworks

ICRA Limited An Associates of Moodys Investors Services

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Final Placements-2010

ICRA Limited An Associates of Moodys Investors Services

What we offer

Analyst role with Corporate / Financial / Public Finance/ Structured Finance rating team in Gurgaon/ Mumbai/ Kolkata/ Bangalore/ Chennai

You would be part of teams analyzing business /financial trends and sector specific research Handling rating assignments, a largely interactive process involving intensive discussion with the rating team, and presenting the case before ICRAs rating committee Opportunity to interact across ratings teams and offices of ICRA

Salary Structure

Analyst : BASE CTC- 9.05 Lacs per annum

Bonus/ Profit Sharing/ ESOPs are additional Probation Period: 12 months

ICRA Limited An Associates of Moodys Investors Services

What are we looking for

Analytical bend of mind and eye for detail

Proficiency in basic financial ratios

Written and verbal communications skills are extremely important

Prior industry experience is preferable

Minimum work experience of 2 years in a relevant field is must for an Analyst role

ICRA Limited An Associates of Moodys Investors Services

We shall be happy to answer any further questions

Thank You!

ICRA Limited An Associates of Moodys Investors Services