CRISIL Q2 FY27 Share Price & Earnings Call Analysis

₹4,598.40-1.56% today
Market cap
₹33,631 Cr
P/E
38.03
ROE
24.46%
PEG
5.25
Price to sales
8.15
Debt to equity
0.10
52W high / low
₹4,954 / ₹3,706
Sales growth (5Y)
12.99%
EBITDA margin
29.79%
Net profit margin
18.77%
Promoter holding
66.64%
Sales (last year)
₹4,126 Cr

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]

Guidance scorecard · Q2 FY27 call

What CRISIL Ltd's management guided
and where it ranks in Finance

#51of 59 in
Finance

RevenueQ4 FY26 call

10–20%
  • The company aims to drive consistent growth across all businesses (ratings, research analytics, intelligence), leveraging new client offerings, segments, and geographic expansions.
  • Growth is supported by increasing wallet share in core markets, adjacent offerings, and new client segments including regional banks and private markets globally.
  • Recent acceleration in contract renewals in benchmarking business (RAS segment) in Q1 FY26 will smooth out seasonality, normalizing revenues over subsequent quarters.
  • Diversification into private markets, risk and credit solutions for regional banks aims to offset any discretionary spend delays from large global banks.
  • Emphasis on leveraging Gen-AI and technology to enhance productivity and client value, supporting sustainable growth and margin expansion.

2 more points from CRISIL Ltd's call on revenue

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Full Q4 FY26 analysis

MarginsQ4 FY26 call

Flat

See what CRISIL Ltd said on margins — free account, 30 seconds.

Full Q4 FY26 analysis

CapexQ4 FY26 call

Planned
  • The company continues to invest in growth across technology, Gen-AI, client development, and other necessary areas to sustain and grow the franchise.
  • Acquired PriceMetrix to deepen presence in wealth management, enhancing capabilities in this growing space.
  • Took a small stake in an SME platform company in India to expand strategic reach.
  • Focus on building domain-led Gen-AI solutions, capability development, and upskilling to accelerate innovation and commercialization of emerging technologies.

2 more points from CRISIL Ltd's call on capex

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Full Q4 FY26 analysis

FundraisingQ4 FY26 call

See what CRISIL Ltd said on fundraising — free account, 30 seconds.

Full Q4 FY26 analysis

Order bookQ4 FY26 call

  • During the call, when asked about order book growth or visibility of growth in the RAS segment, Amish Mehta stated they do not comment on order books.
  • The management is focused on driving growth across all businesses and maintains that their customer segments and offerings are well positioned.
Full Q4 FY26 analysis

Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.

Potential multibaggers · Q2 FY27

Potential multibaggers in Finance
on management's own guidance

  1. Strong growth
    2
  2. Strong growth
    1
  3. Strong growth
    3

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Finance companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Up 2%+₹2,742 Cr71.8
240%+Up 2%+₹464 Cr23.9
340%+Up 0–2%₹961 Cr32.7
440%+Flat₹1.43L Cr83.4
540%+Flat₹23,820 Cr21.1
640%+Flat₹16,498 Cr72.4

Sign up free to see every company in the sector ranking and track CRISIL Ltd.

Pro shows every company guiding 40%+ revenue growth →Full Finance ranking

Financials of CRISIL Ltd

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

Shareholder Pattern

CRISIL Ltd

Shareholding breakup across reporting periods.

Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Promoters +66.65%66.65%66.64%66.64%66.64%66.64%66.64%66.64%66.64%66.64%66.64%66.64%
FIIs +7.19%7.20%7.17%7.22%7.55%7.69%8.08%7.81%7.67%7.18%6.38%6.94%
DIIs +12.92%12.94%12.49%12.70%12.69%12.38%12.06%12.17%12.09%12.61%12.95%12.63%
Public +13.23%13.21%13.69%13.43%13.13%13.28%13.21%13.37%13.59%13.57%14.02%13.79%
No. of Shareholders46,42849,67558,61257,73656,84362,09568,83274,56581,64281,75588,48284,599

Financials of CRISIL Ltd

Quarterly Results

Quarter-by-quarter operating performance

Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Sales +7369187387978129138138439111,0821,0581,0751,095
Expenses +544649546591588626581604648742739768794
Operating Profit192269192207224287232239263340319308302
OPM %26%29%26%26%28%31%29%28%29%31%30%29%28%
Other Income +36362118213031243727362126
Interest1111126665777
Depreciation26251716162130323235394244
Profit before tax200279195208229294227225262327308280276
Tax %24%25%30%28%25%24%30%24%26%26%24%23%26%
Net Profit +152210138150172225160172193242233216205
EPS in Rs20.7928.7418.8420.5323.4630.7221.8623.4626.4133.0231.9029.6027.97

Financials of CRISIL Ltd

Profit & Loss

Annual income statement trend

Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025TTM
Sales +1,2531,3801,5481,6581,7481,7321,9822,3012,7693,1403,2603,6494,310
Expenses +8659801,1041,2031,2771,2761,4711,6902,0392,2582,3492,5643,042
Operating Profit3894004434554714565116117308829111,0851,268
OPM %31%29%29%27%27%26%26%27%26%28%28%30%29%
Other Income +244350257373831231229490107110
Interest0000201496442226
Depreciation36375547433712110610310470129161
Profit before tax3764064384345004924586187428689261,0411,191
Tax %29%30%33%30%27%30%23%25%24%24%26%26%
Net Profit +268285294304363344355466564658684766896
EPS in Rs37.6240.0441.2642.4650.3547.5748.8763.9277.2590.0693.54104.75122.49
Dividend Payout %53%57%65%66%60%67%68%72%62%60%60%57%

Financials of CRISIL Ltd

Balance Sheet

Capital structure and asset base

Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025Jun 2026
Equity Capital7777777777777
Reserves8418499781,0411,1291,1651,3051,5711,7852,1822,5583,0263,264
Borrowings +00003301328347250297335
Other Liabilities +4164754004464955148957939561,0611,1271,2521,418
Total Liabilities1,2651,3311,3851,4951,6341,6892,2072,5042,8313,2973,9424,5825,024
Fixed Assets +4324133092933503497636616196359761,4401,515
CWIP03413712145143155300
Investments3753834655254774534766456831,0561,4541,1801,000
Other Assets +4585326076638008759551,1931,5151,5761,4571,9322,508
Total Assets1,2651,3311,3851,4951,6341,6892,2072,5042,8313,2973,9424,5825,024

Financials of CRISIL Ltd

Cash Flows

Operating, investing and financing cash movement

Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Cash from Operating Activity +265270279291379446500403456780765756
Cash from Investing Activity +-1852-19-179-64-77-300-97-59-326-387-267
Cash from Financing Activity +-112-262-227-187-203-229-265-291-368-408-442-470
Net Cash Flow-311033-75111140-64152947-6418
Free Cash Flow245245256258347418466430417721594688
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit100%100%98%101%116%130%122%98%93%116%118%96%

Financials of CRISIL Ltd

Ratios

Working capital efficiency and return ratios

Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Debtor Days4152495759425786100786269
Inventory Days
Days Payable
Cash Conversion Cycle4152495759425786100786269
Working Capital Days-46-39-72-9-27-35-180-7-315
ROCE %48%45%45%41%45%42%37%38%41%41%34%33%

Guidance history

How CRISIL Ltd's guidance has moved, call by call

CallRevenueMarginsCapexFundraisingOrder book
Q4 FY26 call →10–20%FlatPlanned——
Q4 FY24 call →10–20%FlatPlanned——

What management guided on each call, newest first. Not investment advice, and not a forecast of returns.

31out of 100

Momentum score · price trend

31 out of 100 — Cooling

Over the past year its share price has done worse than most of the stocks we track.

PeriodShare price changeBetter than … of 1,910 stocks
Last 12 months−6.3%54%
Last 6 months+8.2%65%
Last 3 months+5.0%74%

The price is 23.5% below its all-time high of ₹6,108.15 (3 Jan 2025). Stocks more than 20% below their peak have their score halved, so 63 became 31.

How we calculate it

“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).

The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For CRISIL Ltd: 0.4 × 54 + 0.4 × 65 + 0.2 × 74 = 63, halved to 31 because the price is more than 20% below its all-time high.

Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.

Full methodology →

This describes only how the share price has moved up to 28 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.

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