CRISIL Ltd Share Price ₹3,894 | P/E 36.0

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of CRISIL Ltd

Quarter-by-quarter operating performance

	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Sales +	715	771	736	918	738	797	812	913	813	843	911	1,082	1,058
Expenses +	511	567	544	649	546	591	588	626	581	604	648	742	739
Operating Profit	203	204	192	269	192	207	224	287	232	239	263	340	319
OPM %	28%	26%	26%	29%	26%	26%	28%	31%	29%	28%	29%	31%	30%
Other Income +	17	18	36	36	21	18	21	30	31	24	37	27	36
Interest	1	1	1	1	1	1	1	2	6	6	6	5	7
Depreciation	26	26	26	25	17	16	16	21	30	32	32	35	39
Profit before tax	194	195	200	279	195	208	229	294	227	225	262	327	308
Tax %	25%	23%	24%	25%	30%	28%	25%	24%	30%	24%	26%	26%	24%
Net Profit +	146	151	152	210	138	150	172	225	160	172	193	242	233
EPS in Rs	19.94	20.60	20.79	28.74	18.84	20.53	23.46	30.72	21.86	23.46	26.41	33.02	31.90

Financials of CRISIL Ltd

Annual income statement trend

	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025	TTM
Sales +	1,253	1,380	1,548	1,658	1,748	1,732	1,982	2,301	2,769	3,140	3,260	3,649	3,893
Expenses +	865	980	1,104	1,203	1,277	1,276	1,471	1,690	2,039	2,258	2,349	2,564	2,733
Operating Profit	389	400	443	455	471	456	511	611	730	882	911	1,085	1,160
OPM %	31%	29%	29%	27%	27%	26%	26%	27%	26%	28%	28%	30%	30%
Other Income +	24	43	50	25	73	73	83	123	122	94	90	107	124
Interest	0	0	0	0	2	0	14	9	6	4	4	22	23
Depreciation	36	37	55	47	43	37	121	106	103	104	70	129	138
Profit before tax	376	406	438	434	500	492	458	618	742	868	926	1,041	1,122
Tax %	29%	30%	33%	30%	27%	30%	23%	25%	24%	24%	26%	26%
Net Profit +	268	285	294	304	363	344	355	466	564	658	684	766	839
EPS in Rs	37.62	40.04	41.26	42.46	50.35	47.57	48.87	63.92	77.25	90.06	93.54	104.75	114.79
Dividend Payout %	53%	57%	65%	66%	60%	67%	68%	72%	62%	60%	60%	57%

Financials of CRISIL Ltd

Capital structure and asset base

	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Equity Capital	7	7	7	7	7	7	7	7	7	7	7	7
Reserves	841	849	978	1,041	1,129	1,165	1,305	1,571	1,785	2,182	2,558	3,026
Borrowings +	0	0	0	0	3	3	0	132	83	47	250	297
Other Liabilities +	416	475	400	446	495	514	895	793	956	1,061	1,127	1,252
Total Liabilities	1,265	1,331	1,385	1,495	1,634	1,689	2,207	2,504	2,831	3,297	3,942	4,582
Fixed Assets +	432	413	309	293	350	349	763	661	619	635	976	1,440
CWIP	0	3	4	13	7	12	14	5	14	31	55	30
Investments	375	383	465	525	477	453	476	645	683	1,056	1,454	1,180
Other Assets +	458	532	607	663	800	875	955	1,193	1,515	1,576	1,457	1,932
Total Assets	1,265	1,331	1,385	1,495	1,634	1,689	2,207	2,504	2,831	3,297	3,942	4,582

Financials of CRISIL Ltd

Operating, investing and financing cash movement

	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Cash from Operating Activity +	265	270	279	291	379	446	500	403	456	780	765	756
Cash from Investing Activity +	-185	2	-19	-179	-64	-77	-300	-97	-59	-326	-387	-267
Cash from Financing Activity +	-112	-262	-227	-187	-203	-229	-265	-291	-368	-408	-442	-470
Net Cash Flow	-31	10	33	-75	111	140	-64	15	29	47	-64	18
Free Cash Flow	245	245	256	258	347	418	466	430	417	721	594	688
CFO/OP	100%	100%	98%	101%	116%	130%	122%	98%	93%	116%	118%	96%

Financials of CRISIL Ltd

Working capital efficiency and return ratios

	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Debtor Days	41	52	49	57	59	42	57	86	100	78	62	69
Inventory Days
Days Payable
Cash Conversion Cycle	41	52	49	57	59	42	57	86	100	78	62	69
Working Capital Days	-46	-39	-7	2	-9	-27	-35	-18	0	-7	-31	5
ROCE %	48%	45%	45%	41%	45%	42%	37%	38%	41%	41%	34%	33%