CRISIL Ltd
CRISIL Ltd is a globally diversified analytical Company providing ratings, research, risk and policy advisory services. CRISIL is India’s leading ratings agency and the foremost provider of high-end research to large banks and leading corporations.[1]
- Market Cap ₹ 40,218 Cr.
- Current Price ₹ 5,500
- High / Low ₹ 6,955 / 3,894
- Stock P/E 57.0
- Book Value ₹ 351
- Dividend Yield 1.03 %
- ROCE 35.6 %
- ROE 27.8 %
- Face Value ₹ 1.00
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 30.7%
- Company has been maintaining a healthy dividend payout of 60.6%
- Debtor days have improved from 79.9 to 61.6 days.
Cons
- Stock is trading at 15.6 times its book value
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Financial Services Financial Services Finance Other Financial Services
Part of BSE 500 Nifty 500 BSE MidCap Nifty MNC BSE Allcap
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,111 | 1,253 | 1,380 | 1,548 | 1,658 | 1,748 | 1,732 | 1,982 | 2,301 | 2,769 | 3,140 | 3,260 | 3,335 | |
750 | 865 | 980 | 1,104 | 1,203 | 1,277 | 1,276 | 1,471 | 1,690 | 2,039 | 2,258 | 2,349 | 2,386 | |
Operating Profit | 361 | 389 | 400 | 443 | 455 | 471 | 456 | 511 | 611 | 730 | 882 | 911 | 950 |
OPM % | 32% | 31% | 29% | 29% | 27% | 27% | 26% | 26% | 27% | 26% | 28% | 28% | 28% |
103 | 24 | 43 | 50 | 25 | 73 | 73 | 83 | 123 | 122 | 94 | 90 | 100 | |
Interest | 0 | 0 | 0 | 0 | 0 | 2 | 0 | 14 | 9 | 6 | 4 | 4 | 9 |
Depreciation | 38 | 36 | 37 | 55 | 47 | 43 | 37 | 121 | 106 | 103 | 104 | 70 | 83 |
Profit before tax | 425 | 376 | 406 | 438 | 434 | 500 | 492 | 458 | 618 | 742 | 868 | 926 | 958 |
Tax % | 30% | 29% | 30% | 33% | 30% | 27% | 30% | 23% | 25% | 24% | 24% | 26% | |
298 | 268 | 285 | 294 | 304 | 363 | 344 | 355 | 466 | 564 | 658 | 684 | 706 | |
EPS in Rs | 42.16 | 37.62 | 40.04 | 41.26 | 42.46 | 50.35 | 47.57 | 48.87 | 63.92 | 77.25 | 90.06 | 93.54 | 96.57 |
Dividend Payout % | 45% | 53% | 57% | 65% | 66% | 60% | 67% | 68% | 72% | 62% | 60% | 60% |
Compounded Sales Growth | |
---|---|
10 Years: | 10% |
5 Years: | 13% |
3 Years: | 12% |
TTM: | 5% |
Compounded Profit Growth | |
---|---|
10 Years: | 10% |
5 Years: | 14% |
3 Years: | 16% |
TTM: | 9% |
Stock Price CAGR | |
---|---|
10 Years: | 11% |
5 Years: | 30% |
3 Years: | 16% |
1 Year: | 31% |
Return on Equity | |
---|---|
10 Years: | 30% |
5 Years: | 30% |
3 Years: | 31% |
Last Year: | 28% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 |
Reserves | 667 | 841 | 849 | 978 | 1,041 | 1,129 | 1,165 | 1,305 | 1,571 | 1,785 | 2,182 | 2,558 |
0 | 0 | 0 | 0 | 0 | 3 | 3 | 0 | 132 | 83 | 47 | 250 | |
470 | 416 | 475 | 400 | 446 | 495 | 514 | 895 | 793 | 956 | 1,061 | 1,127 | |
Total Liabilities | 1,145 | 1,265 | 1,331 | 1,385 | 1,495 | 1,634 | 1,689 | 2,207 | 2,504 | 2,831 | 3,297 | 3,942 |
449 | 432 | 413 | 309 | 293 | 350 | 349 | 763 | 661 | 619 | 635 | 976 | |
CWIP | 0 | 0 | 3 | 4 | 13 | 7 | 12 | 14 | 5 | 14 | 31 | 55 |
Investments | 244 | 375 | 383 | 465 | 525 | 477 | 453 | 476 | 645 | 683 | 1,056 | 1,454 |
451 | 458 | 532 | 607 | 663 | 800 | 875 | 955 | 1,193 | 1,515 | 1,576 | 1,457 | |
Total Assets | 1,145 | 1,265 | 1,331 | 1,385 | 1,495 | 1,634 | 1,689 | 2,207 | 2,504 | 2,831 | 3,297 | 3,942 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
254 | 265 | 270 | 279 | 291 | 379 | 446 | 500 | 403 | 456 | 780 | 765 | |
-157 | -185 | 2 | -19 | -179 | -64 | -77 | -300 | -97 | -59 | -326 | -387 | |
-82 | -112 | -262 | -227 | -187 | -203 | -229 | -265 | -291 | -368 | -408 | -442 | |
Net Cash Flow | 15 | -31 | 10 | 33 | -75 | 111 | 140 | -64 | 15 | 29 | 47 | -64 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 39 | 41 | 52 | 49 | 57 | 59 | 42 | 57 | 86 | 100 | 78 | 62 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 39 | 41 | 52 | 49 | 57 | 59 | 42 | 57 | 86 | 100 | 78 | 62 |
Working Capital Days | -86 | -46 | -39 | -7 | 2 | -8 | -26 | -35 | -9 | 8 | -5 | -30 |
ROCE % | 60% | 48% | 45% | 45% | 41% | 45% | 42% | 37% | 38% | 41% | 41% | 36% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
6 Jun - Copy of newspaper publication for your records.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 5 Jun
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Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 ('Listing Regulations')
4 Jun - Crisil completes Rs. 33.25 Cr investment acquiring 4.08% stake in Online PSB Loans Ltd.
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Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
4 Jun - Postal ballot for re-appointment of Ms. Shyamala Gopinath as Independent Director until Dec 31, 2025.
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Announcement under Regulation 30 (LODR)-Change in Management
2 Jun - Ms. Shyamala Gopinath re-appointed Independent Director from July 10 to Dec 31, 2025, subject to shareholder approval.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
from nse
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Financial Year 2012
from nse
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Financial Year 2012
from bse
Concalls
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May 2025Transcript PPT
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Feb 2025TranscriptNotesPPT
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Oct 2024TranscriptNotesPPT
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Jul 2024TranscriptNotesPPT
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Apr 2024Transcript PPT
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Feb 2024TranscriptNotesPPT
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Nov 2023TranscriptNotesPPT
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Jul 2023TranscriptNotesPPT
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Apr 2023Transcript PPT
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Feb 2023TranscriptNotesPPT
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Oct 2022TranscriptNotesPPT
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Jul 2022TranscriptNotesPPT
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Apr 2022TranscriptNotesPPT
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Feb 2021TranscriptPPT
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Oct 2020TranscriptNotesPPT
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Feb 2020Transcript PPT
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Jul 2019TranscriptNotesPPT
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Feb 2019TranscriptPPT
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Feb 2018Transcript PPT
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Feb 2017TranscriptNotesPPT
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Feb 2017Transcript PPT
Ratings Business (28% of revenues)[1]
India’s premier ratings agency having rated 35,000+ large and medium-scale entities.[2]
This is the most profitable business of company and accounts for 51% of total profits while contributing only 28% of revenues.[3]
The company separated its credit ratings business into a wholly owned subsidiary, CRISIL Ratings Ltd pursuant to changes in SEBI regulations.[4]