Live CRISIL Share Price Chart

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CRISIL Performance

Days Range

Low: ₹4,365.50
High: ₹4,457.90
Previous Close ₹4,422.85
Open ₹4,440.00
Volume 13,516
Day’s Range ₹4,365.50 - ₹4,457.90
52W Range ₹3,550.00 - ₹5,268.50
Market Cap ₹32,307 Cr

CRISIL Fundamentals

ROCE (TTM) 38.15
P/E Ratio (TTM) 49.81
P/B Ratio 14.8
Industry P/E 45.68
Debt to Equity 0.02
ROE 30.08
EPS (TTM) 88.95
Dividend Yield 1.22
Book Value 299.34
Face Value 1

CRISIL Financials

Jun 2023Sep 2023Dec 2023Mar 2024
Net Sales771.02735.87917.74737.68
Expenses592.97570.71673.97562.58
Profit before tax194.95200.31278.81195.49
Operating Profit150.58151.99210.12137.72
Net Profit150.58151.99210.12137.72
EPS in Rs20.620.7928.7418.84

About CRISIL

History

CRISIL, originally known as Credit Rating Information Services of India Limited, is a significant analytical company based in India. It offers ratings, research, and risk and policy advisory services. As a subsidiary of the American corporation S&P Global, CRISIL has made a substantial impact in its field.

The inception of CRISIL can be traced back to 1988 when it was established as India’s pioneering credit rating agency. This venture was a collaborative effort by ICICI and UTI, with financial contributions from prominent institutions like SBI, LIC, and United India Insurance Company. In a landmark development in April 2005, the U.S.-based credit rating agency Standard & Poor’s acquired a majority stake in CRISIL.

Several key milestones mark CRISIL’s journey. In 1989, it set a precedent by being the first to rate the Commercial Paper Programme. By 1992, CRISIL had expanded its portfolio to include the rating of banks and various financial institutions, particularly for asset-backed securities and debt instruments. That same year, it was pivotal in offering technical assistance to the Israeli Securities Rating Firm, Maalot, and Malaysia Berhad. On February 4, 1994, CRISIL was listed on the BSE and NSE.

A significant partnership was formed in 1996 when CRISIL joined Standard and Poor’s forces. This collaboration was aimed at enhancing CRISIL’s capabilities and methodologies. This partnership eventually led to Standard and Poor’s becoming the controlling shareholder of CRISIL in May 2005, further solidifying CRISIL’s position in the industry.

The year 2011 was noteworthy for CRISIL, introducing new metrics such as education scoring, solar scoring, and the Gilt & Gold index. In 2012, the company expanded its global footprint by acquiring a UK-based firm that offered services to major financial institutions. The following year, CRISIL established the CRISIL Foundation to increase financial literacy and promote environmental conservation efforts.

CRISIL continued to innovate and lead in its domain. In 2014, it achieved a new milestone by ranking India’s first Commercial Mortgage-Backed Securities. More recently, in a significant move, CRISIL acquired Greenwich Associates LLC (‘Greenwich’) in October 2020, a deal initially announced on December 19, 2019.

In October 2020, CRISIL Research, renowned as India’s largest independent and integrated research house, unveiled the first-ever benchmark indices for the domestic alternative investment fund (AIF) industry.

Business Segments 

CRISIL, a leading rating agency in India, operates across various business segments, each catering to specific financial information needs. Here’s a breakdown of their key areas:

  1. Ratings: This is CRISIL’s core business, providing credit ratings for corporates, banks, financial institutions, and infrastructure projects. These ratings assess the creditworthiness of borrowers, guiding lenders and investors in making informed decisions.
  2. Research & Analytics: CRISIL offers in-depth research and analysis on various sectors and industries, covering economic trends, market insights, and company performance. Their reports and data are valuable resources for businesses and investors seeking to make strategic decisions.
  3. Advisory Services: CRISIL provides various advisory services, including risk management, corporate finance, and restructuring solutions. They assist businesses in navigating complex financial situations and making informed choices.
  4. Sustainability Solutions: Recognising the growing importance of sustainability, CRISIL offers ESG (Environmental, Social, and Governance) ratings and advisory services. These help businesses assess their sustainability performance and identify opportunities for improvement.
  5. Market Intelligence: CRISIL provides market intelligence solutions, including data and insights on specific sectors and companies. This information empowers businesses to stay ahead of the curve and make data-driven decisions.

Subsidiaries of CRISIL

As of December 31, 2022, the company had one Indian and 13 overseas wholly-owned subsidiaries. A few of them are listed below:

  1. CRISIL Ratings Limited: A wholly-owned subsidiary of CRISIL and one of India’s leading credit rating agencies. It provides credit ratings to a wide range of corporates, banks, financial institutions, and government entities.
  2. CRISIL Irevna UK Limited: A wholly-owned subsidiary of CRISIL Irevna, which is a global equity research and analytics company acquired by CRISIL in 2012. CRISIL Irevna UK Limited provides equity research and analytics services to clients in the UK and Europe.
  3. Greenwich Associates LLC: It is a US-based provider of market intelligence and strategic insights for the financial services industry. CRISIL and Greenwich Associates have a partnership to provide research and analytics services to the Indian financial services industry.

Key Personnel

Ewout Steenbergen, Chairman

Ewout Steenbergen is the Executive Vice President and CFO of S&P Global, managing the Finance department and overseeing the Engineering Solutions Division and Kensho Technologies. He previously served as EVP and CFO at Voya Financial Inc., where he led a successful IPO in 2013. Steenbergen has held various leadership roles at ING, including CFO and CRO for ING Asia-Pacific and CEO positions in the Czech and Slovak Republics. He holds master’s degrees in Actuarial Science and Business Administration. Additionally, Steenbergen is the Chair of the Board of Directors for UNICEF USA.

Amish Mehta, Managing Director and CEO

Amish Mehta, the Managing Director and CEO of CRISIL, has been pivotal in steering the company toward delivering high-quality analytics and solutions globally. Joining CRISIL in 2014 as President and CFO, he later became the COO in 2017, where he led key acquisitions and growth initiatives. With over two decades of experience in various industries, including telecommunications and oil and gas, Mehta has held significant roles at Indus Towers, BP/Castrol India, E&Y, and ExxonMobil India. He is also a member of notable financial committees like FICCI’s Capital Markets Committee and SEBI’s Primary Markets Advisory Committee.

Parent Organisation MNC Associate
Founded 1987
Managing Director Yann Le Pallec
NSE Symbol CRISIL

Peer Comparison

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ICRA Ltd ₹5,177.11

5380.85

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CARE Ratings Ltd ₹3,210.95

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CRISIL FAQs

What is the Share price of CRISIL (CRISIL)?

CRISIL (CRISIL) share price as of May 22, 2024, on NSE is Rs 4,431.30 (NSE) and Rs 4,430.70 (BSE) on BSE.

Can I buy CRISIL (CRISIL) shares?

Yes, You can buy CRISIL (CRISIL) shares by opening a Demat account with Angel One.

How do I buy CRISIL (CRISIL) from Angel One?

CRISIL (CRISIL) share can be brought through the following modes:
  1. Direct investment: You can buy CRISIL (CRISIL) shares by opening a Demat account with Angel One.
  2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to CRISIL (CRISIL) shares.

Is CRISIL a Debt free Company?

Yes, CRISIL is a debt free company.

What is the main business of CRISIL?

The main business of CRISIL is to provide ratings to company assets. It also offers financial services like research, policy advisory, market intelligence, and risk management to corporates and banks.

Who are the promoters of CRISIL?

The main promoters of CRISIL are S&P India LLC, S&P Global Asian Holdings Pte. Ltd, and Standard & Poor’s International LLC.

What are the Subsidiaries that comes under CRISIL?

The main subsidiaries that come under CRISIL are CRISIL Ratings Limited, Pragmatix Services Private Limited, CRISIL Risk and Infrastructure Solutions Limited, Coalition Development Limited, CRISIL Irevna Argentina S.A., CRISIL Irevna UK Limited, CRISIL Irevna Australia Pty Ltd, Greenwich Associates Singapore Pte. Ltd., and Coalition Development Singapore Pte. Ltd.