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CRISIL - CRISIL

📊 NSE: CRISIL 🏢 Miscellaneous 📅 Last Updated: 12/13/2025 21:14

📢 Recent Corporate Announcements

CRISIL Limited Releases Recording of Analyst Call Held on April 20, 2026

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 20 Apr 2026, 10:10 PM

CRISIL Limited has informed the stock exchanges that the audio recording of its analyst call held on April 20, 2026, is now available on the company's website. This disclosure is a standard procedural requirement under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The call typically follows financial results or major corporate developments to provide management commentary to institutional investors. Accessing such recordings allows retail investors to gain the same insights as institutional participants regarding the company's strategic outlook.

Analyst call recording for April 20, 2026, has been uploaded to the company's website.
Disclosure made in compliance with Regulation 30 and 46 of SEBI (LODR) Regulations, 2015.
Recording is accessible via the 'Analyst Hub' section on CRISIL's investor relations page.
The filing confirms the company's adherence to transparency and regulatory timelines.

💡 Investors should listen to the recording to understand management's views on the credit rating environment and research business growth. No immediate action is required as this is a routine regulatory filing.

CRISIL Q1 FY2026 PAT Surges 45.9% to ₹233 Crore; Declares ₹9 Interim Dividend

🟢 POSITIVE ⭐ 8/10

EARNINGS 📅 17 Apr 2026, 08:36 PM

CRISIL reported a robust performance for Q1 FY2026, with consolidated income from operations rising 30.1% year-on-year to ₹1,058 crore. Net profit (PAT) saw a significant jump of 45.9% to ₹233 crore, driven by strong growth in both Ratings and Research segments. The company declared an interim dividend of ₹9 per share, up from ₹8 in the previous year. While growth was partially aided by a ₹14.4 crore forex gain and US$ 4.5 million in accelerated renewals, the underlying business momentum remains strong.

Consolidated income from operations grew 30.1% YoY to ₹1,058 crore in Q1 FY2026.
Profit After Tax (PAT) increased by 45.9% to ₹233 crore, while PBT rose 35.7% to ₹308 crore.
Ratings Services segment revenue grew 20.2% YoY with margins improving to 50.5%.
Research, Analytics and Solutions segment revenue surged 34.9% to ₹735.4 crore.
Interim dividend of ₹9 per share declared, compared to ₹8 in the same quarter last year.

💡 Investors should take note of the strong double-digit growth and margin expansion, though a portion of the revenue was due to accelerated renewals that will normalize. The company remains a high-quality play on the Indian credit cycle and global risk analytics demand.

CRISIL Q1 FY26 PAT Jumps 45.9% YoY to Rs 233 Cr; Declares Rs 9 Interim Dividend

🟢 POSITIVE ⭐ 8/10

EARNINGS 📅 17 Apr 2026, 12:41 PM

CRISIL reported a robust performance for the first quarter ended March 31, 2026, with consolidated revenue from operations growing 30.1% YoY to Rs 1,057.7 crore. Net profit (PAT) surged 45.9% to Rs 233.3 crore, significantly aided by a 34.9% growth in the Research, Analytics and Solutions segment. The company also benefited from a favorable foreign exchange gain of Rs 14.4 crore compared to a loss in the previous year. Reflecting strong cash flows, the Board has declared an interim dividend of Rs 9 per share.

Consolidated revenue from operations rose 30.1% YoY to Rs 1,057.7 crore.
Profit After Tax (PAT) increased 45.9% YoY to Rs 233.3 crore.
Research, Analytics and Solutions segment revenue grew 34.9% YoY.
Ratings segment revenue grew 20.2% YoY despite a 12% decline in corporate bond issuance volumes.
Declared an interim dividend of Rs 9 per equity share of face value Rs 1 each.

💡 Investors should note the strong double-digit growth across all business segments and the company's ability to maintain margins despite macro headwinds. The stock remains a solid play on the financial services ecosystem with a healthy dividend yield.

CRISIL Declares Rs 9 Interim Dividend; Q1 2026 Consolidated Net Profit Jumps 46% YoY to Rs 233 Cr

🟢 POSITIVE ⭐ 8/10

DIVIDEND 📅 17 Apr 2026, 12:20 PM

CRISIL Limited has declared its first interim dividend of Rs 9 per share for the financial year ending December 31, 2026, with a payment date of May 8, 2026. The company reported a strong performance for the quarter ended March 31, 2026, with consolidated revenue from operations rising 30% YoY to Rs 1,057.66 crore. Consolidated net profit for the quarter saw a significant increase of 45.9%, reaching Rs 233.26 crore compared to Rs 159.84 crore in the same period last year. This growth reflects robust operational performance across its global business segments.

Declared first interim dividend of Rs 9 per equity share of face value Re 1
Consolidated revenue from operations grew 30% YoY to Rs 1,057.66 crore in Q1 2026
Consolidated net profit increased by 45.9% YoY to Rs 233.26 crore
Profit before tax (PBT) rose to Rs 308.38 crore from Rs 227.27 crore in the previous year's corresponding quarter
Dividend payment is scheduled to be completed by May 8, 2026

💡 The strong double-digit growth in both revenue and net profit, coupled with a healthy interim dividend, reinforces CRISIL's position as a stable cash-generating business. Long-term investors should maintain their positions given the robust financial health and consistent payout policy.

CRISIL Q1 2026 Consolidated Net Profit Jumps 46% to ₹233 Cr; Declares ₹9 Interim Dividend

🟢 POSITIVE ⭐ 8/10

EARNINGS 📅 17 Apr 2026, 12:12 PM

CRISIL reported a robust consolidated performance for the first quarter ended March 31, 2026, with revenue from operations growing 30% year-on-year to ₹1,057.66 crore. Consolidated net profit surged 46% to ₹233.26 crore, up from ₹159.84 crore in the same quarter last year. The company also announced a first interim dividend of ₹9 per equity share (900% on face value of ₹1), payable by May 8, 2026. While consolidated growth was strong, standalone net profit saw a moderate decline to ₹113.42 crore from ₹129.82 crore YoY.

Consolidated revenue from operations grew 30% YoY to ₹1,057.66 crore.
Consolidated net profit for Q1 2026 increased 46% YoY to ₹233.26 crore.
Declared first interim dividend of ₹9 per share for the financial year ending December 31, 2026.
Total consolidated income reached ₹1,093.67 crore compared to ₹843.77 crore in the previous year's quarter.
Consolidated profit before tax stood at ₹308.38 crore, a significant jump from ₹227.27 crore YoY.

💡 Investors should take note of the strong consolidated growth which suggests healthy performance across global subsidiaries. The high interim dividend provides a good immediate yield, supporting a positive outlook for long-term holders.

CRISIL Schedules Analyst Call on April 20, 2026, to Discuss FY25 and Q1 2026 Results

🟡 NEUTRAL ⭐ 4/10

EARNINGS 📅 08 Apr 2026, 07:12 PM

CRISIL Limited has announced a conference call scheduled for April 20, 2026, to engage with analysts and institutional investors. The discussion will focus on the company's financial performance for the full year 2025 and the first quarter of 2026. This disclosure is made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Such calls are standard practice for the company to provide deeper insights into its operational segments including ratings, research, and advisory services.

Conference call scheduled for April 20, 2026, with institutional investors and analysts.
The agenda includes a detailed discussion on financial results for FY 2025 and Q1 2026.
The meeting is subject to change as per the company's latest regulatory filing dated April 8, 2026.
Complies with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

💡 Investors should track the post-call transcripts or investor presentations for management commentary on growth outlook and margin sustainability. No immediate action is required as this is a routine procedural announcement.

CRISIL Sets April 23, 2026, as Record Date for First Interim Dividend

🟢 POSITIVE ⭐ 7/10

DIVIDEND 📅 08 Apr 2026, 03:47 PM

CRISIL Limited has announced April 23, 2026, as the record date for its first interim dividend for the financial year ending December 31, 2026. The dividend is subject to formal approval by the Board of Directors at their meeting scheduled for April 17, 2026. If approved, the company intends to dispatch the dividend payments on May 8, 2026. This announcement provides clarity on the timeline for shareholders to be eligible for the upcoming payout.

Record date for the first interim dividend is fixed as April 23, 2026.
Board of Directors meeting to approve the dividend is scheduled for April 17, 2026.
The dividend payment date is set for May 8, 2026, pending board approval.
The payout pertains to the financial year ending December 31, 2026.

💡 Investors seeking dividend income should monitor the board meeting outcome on April 17 for the specific dividend amount. Ensure shares are held before the record date of April 23 to qualify for the payout.

CRISIL Receives Income Tax TDS Demand of INR 27.24 Crores for AY 2020-21

🔵 WATCH ⭐ 4/10

LEGAL 📅 30 Mar 2026, 01:30 PM

CRISIL Limited has received a TDS assessment order from the Income Tax Department for the assessment year 2020-21 (FY 2019-20). The demand, which totals INR 27.24 crores including interest, relates to TDS on foreign payments. This issue is recurring, as similar demands from previous years are already under appeal before the CIT(Appeals). The company has stated that there is no immediate impact on its operations and it intends to file a fresh appeal against this specific order.

TDS demand of INR 27.24 Crores received for AY 2020-21 (FY 2019-20)
Dispute pertains to TDS on foreign payments under sections 201(1) and 201(1A) of the IT Act
Demand is based on previous years' orders which are currently under appeal
Company confirms no immediate impact on financial or operational activities
CRISIL will be filing a formal appeal against the assessment order

💡 Investors should view this as a routine tax litigation matter; the demand amount is relatively small compared to CRISIL's annual earnings and is being contested in court.

CRISIL Receives Erroneous Income Tax Demand of INR 121.20 Crores; To File Appeal

🔵 WATCH ⭐ 6/10

LEGAL 📅 24 Mar 2026, 08:10 PM

CRISIL Limited has received a re-assessment order for Assessment Year 2017-18 with a tax demand amounting to INR 121.20 Crores. The company states that while the Assessing Officer (AO) agreed no income escaped taxation regarding merged subsidiaries, the final tax computation was erroneously calculated. The errors include unwarranted additions and a failure to credit taxes already paid by the company. CRISIL intends to contest this demand through a rectification application and a formal appeal, asserting no immediate impact on operations.

Income Tax demand of INR 121.20 Crores raised for FY 2016-17 (AY 2017-18).
Assessing Officer issued a clean order on income escapement but allegedly erred in tax calculation.
Dispute involves income from merged subsidiaries which was already offered to tax.
Company to file a rectification application and an appeal against the demand order.
No immediate impact on financial or operational activities reported by the company.

💡 Investors should monitor the outcome of the rectification filing, as the company claims the demand is a result of computational errors rather than a liability. While the amount is significant, the AO's admission that no income escaped tax suggests a high probability of resolution in the company's favor.

CRISIL Schedules 39th AGM for April 17, 2026; Releases 2025 Integrated Annual Report

🟡 NEUTRAL ⭐ 7/10

ROUTINE 📅 23 Mar 2026, 07:55 PM

CRISIL has scheduled its 39th Annual General Meeting for April 17, 2026, following a year of strong revenue and EBITA growth in 2025. The company successfully completed the acquisition of McKinsey PriceMetrix to bolster its wealth management presence globally. Operational highlights include maintaining leadership in corporate bond ratings and expanding surveillance support for S&P Global Ratings. Management is now focusing on accelerating revenue growth and margin expansion through GenAI-led solutions as the firm enters its 40th year.

39th Annual General Meeting to be held on April 17, 2026, via Video Conferencing.
Completed the strategic acquisition of McKinsey PriceMetrix to deepen presence in wealth management.
Achieved 94% waste recycling across India operations and reached 4 lakh additional community members through CSR.
Received 26 independent recognitions in 2025, including 20 from Chartis Research for risk-intelligence.
Reporting period covers January 1, 2025, to December 31, 2025, with a focus on GenAI-enabled credit solutions.

💡 Investors should monitor the upcoming AGM for specific guidance on margin expansion targets and the scaling of GenAI products. The integration of PriceMetrix and growth in Global Analytics remain key drivers for long-term value.

CRISIL Subsidiary's Voting Rights in ERPA Diluted to 11.11%; Ceases to be Associate Company

🟡 NEUTRAL ⭐ 3/10

REGULATORY 📅 02 Mar 2026, 05:51 PM

CRISIL's step-down subsidiary, Crisil ESG Ratings and Analytics Limited, has seen its voting rights in the ESG Rating Providers Association (ERPA) decrease from 50% to 11.11%. This dilution occurred due to the admission of new SEBI-registered ESG rating providers into the association. Consequently, ERPA has ceased to be an associate company of CRISIL. As ERPA is a Section 8 non-profit entity limited by guarantee, this change has no impact on CRISIL's consolidated turnover, revenue, or net worth.

Voting rights in ERPA decreased from 50% to 11.11% due to new member admissions.
ERPA is no longer classified as an associate company of CRISIL Limited.
ERPA is a Section 8 company limited by guarantee with no share capital.
Zero financial impact on CRISIL's net worth or revenue as no sale or disposal of assets occurred.

💡 No action is required as this is a routine regulatory update regarding an industry association membership. Investors should continue to monitor CRISIL's core ratings and analytics business segments.

CRISIL Reports 12% PAT Growth in FY25; Recommends Total Dividend of ₹61 Per Share

🟢 POSITIVE ⭐ 8/10

EARNINGS 📅 13 Feb 2026, 11:02 PM

CRISIL delivered a resilient performance in FY 2025, with consolidated income from operations growing 11.9% to ₹3,649 crore and Profit After Tax (PAT) rising 12% to ₹766 crore. The company maintained its leadership in the corporate bond ratings market, with the Ratings segment seeing an 18.4% revenue jump for the full year. A final dividend of ₹28 per share has been proposed, bringing the total payout for the year to ₹61 per share compared to ₹56 in the previous year. The company also integrated the acquisition of PriceMetrix to bolster its global wealth management analytics business.

Consolidated FY25 PAT increased by 12% YoY to ₹766 crore, while Q4 FY25 PAT grew 7.5% to ₹242 crore.
Total dividend for FY 2025 stands at ₹61 per share, up from ₹56 per share in FY 2024.
Ratings Services segment revenue grew 18.4% in FY 2025 with segment margins improving to 44.3%.
Research, Analytics & Solutions segment revenue rose 9.4% to ₹2,572.4 crore in FY 2025.
Completed the acquisition of PriceMetrix Co. effective November 2025 to scale the wealth management business.

💡 Investors should view CRISIL as a high-quality play on India's financial markets and global risk analytics demand, supported by a strong dividend yield and robust margins. The continued leadership in the ratings business and expansion into global wealth management analytics provide a positive long-term outlook.

CRISIL FY25 Net Profit Rises 12% to ₹766 Cr; Recommends ₹28 Final Dividend

🟢 POSITIVE ⭐ 9/10

EARNINGS 📅 13 Feb 2026, 06:50 PM

CRISIL reported a strong financial performance for the year ended December 31, 2025, with consolidated revenue from operations growing 11.9% to ₹3,649 crore. Net profit for the year increased by 12% to ₹766 crore, up from ₹684 crore in the previous fiscal. The Board has recommended a final dividend of ₹28 per share, demonstrating robust cash generation. Leadership stability is also addressed with the re-appointment of Amish Mehta as MD & CEO for a further three-year term starting October 2026.

Consolidated Net Profit for FY25 increased 12% YoY to ₹766.01 crore.
Revenue from operations rose to ₹3,649.01 crore compared to ₹3,259.78 crore in FY24.
Board recommended a final dividend of ₹28 per equity share for the financial year 2025.
Research, Analytics & Solutions segment revenue grew to ₹2,572.38 crore, remaining the primary growth driver.
MD & CEO Amish Mehta re-appointed for a 3-year term effective October 1, 2026.

💡 The strong earnings growth coupled with a significant dividend payout makes CRISIL a solid pick for income and growth investors. Leadership continuity through the CEO's re-appointment provides further confidence in the company's long-term strategic direction.

CRISIL FY25 Net Profit Rises 12% to ₹766 Cr; Recommends ₹28 Final Dividend

🟢 POSITIVE ⭐ 9/10

EARNINGS 📅 13 Feb 2026, 06:43 PM

CRISIL reported a strong financial performance for the year ended December 31, 2025, with consolidated revenue from operations growing 12% to ₹3,649.01 crore. Net profit for the full year increased to ₹766.01 crore from ₹684.07 crore in the previous year, reflecting steady growth across its Ratings and Research segments. The Board has recommended a final dividend of ₹28 per share, rewarding shareholders for the year's performance. Leadership stability is confirmed with the re-appointment of Amish Mehta as MD & CEO for a further three-year term starting October 2026.

Consolidated Net Profit for FY25 grew 12% YoY to ₹766.01 crore compared to ₹684.07 crore.
Total Revenue from operations for FY25 increased to ₹3,649.01 crore from ₹3,259.78 crore in FY24.
Board recommended a final dividend of ₹28 per equity share for the financial year ended December 31, 2025.
Ratings services segment profit rose to ₹478.22 crore for FY25, up from ₹400.12 crore in the previous year.
Amish Mehta re-appointed as Managing Director & CEO for a 3-year term effective October 1, 2026.

💡 CRISIL continues to demonstrate robust growth and high dividend payouts, making it an attractive pick for long-term investors. The leadership continuity and strong segment performance in Ratings and Research suggest a stable outlook.

CRISIL Sets April 3, 2026, as Record Date for Final Dividend of FY 2025

🟢 POSITIVE ⭐ 6/10

DIVIDEND 📅 13 Feb 2026, 06:05 PM

CRISIL Limited has announced April 3, 2026, as the record date for determining shareholder eligibility for its final dividend for the financial year 2025. The dividend is subject to shareholder approval at the Annual General Meeting (AGM) scheduled for April 17, 2026. If approved, the company plans to distribute the payment to eligible shareholders on April 23, 2026. This move is a routine corporate action to reward shareholders following the conclusion of the fiscal year.

Record date for final dividend eligibility is fixed as April 3, 2026.
The dividend pertains to the financial year 2025 and requires shareholder approval.
Annual General Meeting (AGM) is scheduled to take place on April 17, 2026.
The final dividend payment is scheduled to be disbursed on April 23, 2026.

💡 Investors interested in the dividend should ensure they hold the shares before the ex-dividend date. Monitor the upcoming AGM for the final confirmation of the dividend payout amount.

View All CRISIL Announcements on Live Market Tracking →

💰 Financial Performance

Revenue Growth by Segment

Ratings Services grew 11.2% YoY in Q3 2025 to INR 267.6 Cr; Research, Analytics and Solutions (RAS) grew 12.7% YoY to INR 643.6 Cr. For the full year 2024, Ratings grew 17.7% to INR 909.15 Cr, while RAS saw a marginal decline of 0.7% to INR 2,350.63 Cr.

Geographic Revenue Split

Not explicitly disclosed as a percentage, but global operations generate significant foreign currency revenue, with a notable INR 29.4 Cr one-off gain in 2023 from Argentinian peso devaluation.

Profitability Margins

Consolidated PBT margin was 28.4% in 2024 (INR 926.47 Cr). Ratings segment margin stood at 55.6% in 2024, while RAS segment margin was 16.9%. In Q3 2025, RAS margins improved to 22.0% from 18.3% YoY.

EBITDA Margin

Consolidated PBT margin was 28% in 2024 compared to 27% in 2023. Standalone PBT margin was 33% in 2024 (INR 705.42 Cr).

Capital Expenditure

INR 380.30 Cr was capitalized in 2024 towards property, plant, equipment, and software to enhance technological infrastructure.

Credit Rating & Borrowing

Not disclosed in available documents; however, standalone finance costs were minimal at INR 3.11 Cr in 2024.

⚙️ Operational Drivers

Raw Materials

Talent/Human Capital (53% of total revenue), IT Software and Infrastructure (INR 380.30 Cr capitalized).

Key Suppliers

S&P Global (strategic partner for GAC), various IT and software vendors for the INR 380.30 Cr infrastructure investment.

Raw Material Costs

Employee benefits expense of INR 1,765.09 Cr in 2024, representing 53% of total revenue, up 1% from INR 1,747.77 Cr in 2023.

📈 Strategic Growth

Expected Growth Rate

9.40%

Growth Strategy

CRISIL aims to achieve growth through the acquisition of McKinsey PriceMetrix Co. (completed Nov 2025) to bolster its wealth management data analytics, leveraging Gen AI in its 'Integral IQ' buy-side solutions to improve efficiency, and deepening engagement with global corporate and investment banks (CIB) through Coalition Greenwich benchmarking.

Products & Services

Credit ratings, industry research, consulting, risk solutions, benchmarking analytics (Coalition Greenwich), and wealth management data analytics (PriceMetrix).

Brand Portfolio

CRISIL, Coalition Greenwich, CRISIL Intelligence, CRISIL Integral IQ, CRISIL PriceMetrix.

New Products/Services

Gen AI-leveraged client solutions in Integral IQ and updated AIF (Alternative Investment Fund) benchmarks.

Market Expansion

Targeting new segments and geographies to broaden the revenue base, specifically emerging markets and niche segments.

Market Share & Ranking

Maintained leadership in corporate bond ratings in India.

Strategic Alliances

Partnership with S&P Global for the Global Analytics Centre (GAC).

🌍 External Factors

Industry Trends

The industry is shifting towards automation, Gen AI integration, and efficiency-led solutions as banks redesign operating models; CRISIL is positioning itself by leveraging Gen AI in buy-side offerings.

Competitive Landscape

Intensifying competition from local players scaling rapidly and global competitors expanding offerings.

Competitive Moat

Durable moat through leadership in corporate bond ratings and deep domain expertise in CIB benchmarking (Coalition Greenwich), which are difficult for local competitors to replicate quickly.