ICRA Limited

Final Placements-2010

An Associates of Moody’s Investors Services

ICRA LimitedAn Associates of Moody’s Investors Services

Agenda

2

3

1 Background & Corporate Structure

Brief Overview of Ratings

Final Placements-2010

ICRA LimitedAn Associates of Moody’s Investors Services

Background and Business#1

ICRA LimitedAn Associates of Moody’s Investors Services

Background & Corporate Structure

Consulting ServicesConsulting ServicesIT solutions in

business applications and processes

IT solutions in business applications

and processes

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

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

ICRA Management Consulting Services

Limited

(100% subsidiary of ICRA Limited)

ICRA Management Consulting Services

Limited

(100% subsidiary of ICRA Limited)

ICRA Techno Analytics Limited

(100% subsidiary of ICRA Limited)

ICRA Techno Analytics Limited

(100% subsidiary of ICRA Limited)

ICRA Online Limited

(100% subsidiary of ICRA Limited)

ICRA Online Limited

(100% subsidiary of ICRA Limited)

• Mutual fund based Information services

• Technology product and services

• Outsourcing services

• Mutual fund based Information services

• Technology product and services

• Outsourcing services

Established in 1991, ICRA is one of the leading credit rating agency in India, with association with the Moody’s Investors Service

Besides Ratings, ICRA Group offers consulting, information technology based services and outsourcing services.

ICRA LimitedAn Associates of Moody’s Investors Services

1991 1993 1996 1999 2001 2003 2004 2005 2006

ICRA Limited : Journey So Far

1996 - Agreement with Financial Proformas Inc.

(Moody’s Group company) to provide credit education, risk management software

and credit research and consulting services

1996 - Agreement with Financial Proformas Inc.

(Moody’s Group company) to provide credit education, risk management software

and credit research and consulting services

1999 - 1.Technical Services Agreement (TSA) with Moody’s

Investors Service2.Moody’s India acquired

equity stake in our Company

1999 - 1.Technical Services Agreement (TSA) with Moody’s

Investors Service2.Moody’s India acquired

equity stake in our Company

2003 - Acquired minority stakes in and entered into

TSA with Online India Capital.Com (changed to

ICRA Online Limited)

2003 - Acquired minority stakes in and entered into

TSA with Online India Capital.Com (changed to

ICRA Online Limited)

2006 - Acquired Computer Exchange Pvt. Ltd (changed to

ICRA Techno Analytics Limited)

2006 - Acquired Computer Exchange Pvt. Ltd (changed to

ICRA Techno Analytics Limited)

Sep 1991 - Launch of credit rating services

Sep 1991 - Launch of credit rating services

1991 – ICRA Incorporated1991 – ICRA Incorporated

2004 - Launched Outsourced Services

Division

2004 - Launched Outsourced Services

Division

2006 - 1.Acquired 100% stake in ICRA Online

2.Demerged consulting division and t/f to IMaCS

2006 - 1.Acquired 100% stake in ICRA Online

2.Demerged consulting division and t/f to IMaCS

2007

2007- Maiden Public Offer of 2.58 million equity shares,

ICRA listed on BSE and NSE

2007- Maiden Public Offer of 2.58 million equity shares,

ICRA listed on BSE and NSE

ICRA LimitedAn Associates of Moody’s Investors Services

Moody’s Corp. through its subsidiary, Moody’s India holds 28.51% of ICRA’s current equity share capital

Provides technical services to ICRA

ICRA provides certain outsourcing services to Moody’s Investors Service

Association with Moody’s

ICRA LimitedAn Associates of Moody’s 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 LimitedAn Associates of Moody’s Investors Services

Brief Overview of Ratings#2

ICRA LimitedAn Associates of Moody’s 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 LimitedAn Associates of Moody’s Investors Services

ICRA Rating Teams

Managing Director

Corporate Ratings Financial 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

ABSMBS

CLO/CDOLoan Sell offs

Public Finance Ratings

Rating Teams for StateLevel Entities, Municipal

And Urban LocalBodies

~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 LimitedAn Associates of Moody’s 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 LimitedAn Associates of Moody’s 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 LimitedAn Associates of Moody’s 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 LimitedAn Associates of Moody’s Investors Services

Final Placements-2010#3

ICRA LimitedAn Associates of Moody’s 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 ICRA’s 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 LimitedAn Associates of Moody’s 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 LimitedAn Associates of Moody’s Investors Services

We shall be happy to answer any further questions…

Thank You!