Ratings segment to benefit from bank credit growth
Management expects bank credit to grow well, offsetting subdued bond market activity due to rising yields.
ICRA / guidance tracker
Keep management guidance in view.
ICRA · forward-looking guidance across the available source record.
Research layer active
Guidance tracker
What management said would happen.
revenue
Research & Analytics growth driven by Fintelix platform
Fintelix acquisition expected to drive reasonable growth over the next 2-3 years, offsetting moderation in knowledge services.
Product-led businesses targeting 20-35% EBITDA margins
Banktech and captech segments aim for industry-standard margins of 20-35%, depending on geographic mix.