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CRISIL Limited (CRISIL) AI Stock Analysis

IN:CRISIL

CRISIL Limited

(NSE:CRISIL)

Select Model
Rating:84Outperform
Price Target:INR 5,231.00â–²(15.82% Upside)
Action:upgraded
Date:08/06/26

The overall score is driven primarily by CRISIL’s very strong financial foundation, featuring steady revenue and profit growth, high returns on equity, low but rising leverage, and reliable cash generation that together support a resilient business profile. Solid technical momentum, with the share price holding above key moving averages and supported by constructive MACD and RSI readings, further reinforces the positive outlook. A richer valuation, reflected in a higher P/E and only moderate dividend yield, tempers the score slightly but remains consistent with a high-quality, growth-oriented financial data and analytics franchise.

Positive Factors
High Profitability & MarginsCRISIL’s sustained net margins near 20% and EBITDA around 30%, plus historically high ROE, reflect durable pricing power in ratings and analytics. Strong margins support cash retention and reinvestment capacity, underpinning stable earnings and resilience across mid-term cycles.
Negative Factors
Step-up in Total DebtThe recent increase in total debt reduces the prior ultra-low leverage cushion, raising fixed obligations and slightly increasing interest-rate and refinancing sensitivity. Over 2–6 months this can limit capital allocation flexibility and raise scrutiny on funding priorities.

CRISIL Limited (CRISIL) vs. iShares MSCI India ETF (INDA)

-25%-20%-15%-10%-5%0%5%IN:CRISIL-4.01%INDA-12.02%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
INR 331.50B
Dividend Yield
1.42%
Average Volume (3M)
10.43K
Price to Earnings (P/E)
37.0
Beta (1Y)
0.94
Revenue Growth
23.83%
EPS Growth
19.56%
Country
India
Employees
5,081
Sector
General
Sector Strength
55
Industry
Financial - Data & Stock Exchanges

CRISIL Limited Business Overview & Revenue Model

Company Description

CRISIL Limited operates as an analytical enterprise, furnishing an extensive array of ratings, data, research, and analytical solutions across India, Europe, North America, and various international markets. Its operations are structured into three d...

How the Company Makes Money

CRISIL primarily makes money by charging fees for professional services and subscription-style information products across its main business lines: 1) Ratings fees (Credit ratings and related services) - CRISIL earns fees from issuers (e.g., corporat...

CRISIL Limited Financial Statement Overview

Summary

CRISIL delivers strong and consistent financial performance, with revenues rising from ₹23B in 2021 to ₹36.5B in 2025 and net profit margins holding near 21%, supported by high returns on equity (25–31%) and robust cash conversion where free cash flow to net income stays around 77–94%. Minor risks such as gross margin volatility and a recent increase in debt-to-equity from 2% to 18% are present but do not materially weaken the overall financial strength.

Income Statement

92Very Positive

Balance Sheet

88Very Positive

Cash Flow

85Very Positive
Financial statement breakdown
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue43.10B36.49B32.60B31.40B27.69B23.01B
Gross Profit14.93B12.77B16.81B13.92B13.78B11.39B
EBITDA13.52B10.85B10.00B9.75B8.52B7.33B
Net Income8.96B7.66B6.84B6.58B5.64B4.66B
Balance Sheet
Total Assets046.32B39.42B32.97B28.31B25.04B
Cash, Cash Equivalents and Short-Term Investments9.16B10.10B13.74B11.52B8.43B7.42B
Total Debt05.44B2.50B473.20M834.60M1.32B
Total Liabilities-32.71B15.98B13.77B11.08B10.39B9.25B
Stockholders Equity32.71B30.33B25.65B21.89B17.92B15.78B
Cash Flow
Free Cash Flow5.21B6.99B5.92B7.17B4.15B3.80B
Operating Cash Flow5.51B7.72B7.65B7.80B4.56B4.03B
Investing Cash Flow-2.73B-2.85B-3.86B-3.27B-616.40M-882.50M
Financing Cash Flow-2.08B-4.70B-4.42B-4.08B-3.68B-2.91B

CRISIL Limited Technical Analysis

Technical Analysis SentimentNegative
Last Price4516.65

Price Trends

50DMA4577.35Negative
100DMA4393.14Positive
200DMA4314.21Positive

Market Momentum

MACD26.69Negative
RSI46.57Neutral
STOCH43.70Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:CRISIL, the sentiment is Negative. The current price of 4516.65 is below the 20-day moving average (MA) of 4538.89, below the 50-day MA of 4577.35, and above the 200-day MA of 4314.21, indicating a neutral trend. The MACD of 26.69 indicates Negative momentum. The RSI at 46.57 is Neutral, neither overbought nor oversold. The STOCH value of 43.70 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:CRISIL.

CRISIL Limited Peers Comparison

Overall Rating

UnderperformOutperform
Sector (55)

Financial Indicators

IN:CRISIL against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
IN:CRISILIN:CRISIL84OutperformINR 330.30B37.01―1.42%23.83%19.56%
IN:CARERATINGIN:CARERATING82OutperformINR 49.98B25.84―1.33%18.86%25.69%
IN:ICRAIN:ICRA70OutperformINR 41.51B21.20―2.44%25.74%10.32%
Sector *55Neutral$6.65B3.83-15.92%6.20%10.91%7.18%

* General Sector Average

Performance Comparison

-30%-20%-10%0%10%IN:CRISILIN:CARERATINGIN:ICRADec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
IN:CRISIL and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
IN:CRISILCRISIL Limited4516.65-272.07-5.68%
IN:CARERATINGCARE Ratings Ltd1658.5576.474.83%
IN:ICRAICRA Limited4300.65-2091.66-32.72%

CRISIL Limited Corporate Events

CRISIL to Merge Canadian Subsidiaries Into Single PriceMetrix Entity

Jul 21, 2026

CRISIL Limited has approved the amalgamation of its wholly owned step-down subsidiaries Crisil Canada Inc. and Crisil PriceMetrix Inc., combining their activities into a single entity to be known as Crisil PriceMetrix Inc. The merger, involving a Saa...

CRISIL Approves Q2 2026 Results, Interim Dividend and Board Changes

Jul 21, 2026

CRISIL’s board has approved the unaudited standalone and consolidated financial results for the first quarter and half year ended June 30, 2026, signalling timely disclosure of its performance to markets and regulators. Alongside the results, t...

CRISIL Approves Interim Dividend and Reshapes Board After Q2 Results

Jul 21, 2026

CRISIL Limited’s board has approved the unaudited standalone and consolidated financial results for the quarter and half year ended June 30, 2026, underscoring ongoing transparency in its financial reporting. The company also declared a second...

CRISIL clears Q2 FY26 results, interim dividend and board changes

Jul 21, 2026

CRISIL Limited’s board has approved the unaudited standalone and consolidated financial results for the first quarter and half year ended June 30, 2026, signalling timely disclosure of performance to investors. In a shareholder-friendly move, t...

Crisil posts strong Q2 and H1 FY26 growth, declares interim dividend

Jul 21, 2026

Crisil Limited, a company of S&P Global, is a major financial services provider specializing in ratings, research and risk analytics for domestic and international clients. With a diversified portfolio spanning credit assessment and economic rese...

CRISIL publishes updated Q2 FY2026 investor presentation

Jul 21, 2026

CRISIL Limited has released an updated corporate and analyst presentation incorporating its financial results for the second quarter of fiscal year 2026. The presentation has been submitted to the National Stock Exchange of India and BSE and will be...

CRISIL Updates Code for Fair Disclosure of Price-Sensitive Information

Jul 21, 2026

CRISIL Limited has notified the National Stock Exchange of India and BSE that its Board of Directors has approved an amended Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information. The updated code, effective...

CRISIL Sets Board Meeting for Q2 Results and Interim Dividend, Closes Trading Window

Jul 1, 2026

CRISIL Limited has scheduled a board meeting on July 21, 2026 to consider and approve its unaudited consolidated and standalone financial results for the quarter and half-year ended June 30, 2026, and to decide on a second interim dividend for the fi...

CRISIL Wins Favourable Tax Ruling, Expects Relief on ₹40.23 Crore TDS Demand

Jun 18, 2026

CRISIL Limited has received a favourable order from the Commissioner of Income Tax (Appeals) in Mumbai regarding a long-running dispute over tax deducted at source on payments made to non-residents for the 2014-15 assessment year. The appellate autho...

Crisil to Host Virtual Analyst Meet with Goldman Sachs on June 4

Jun 1, 2026

Crisil Limited has informed stock exchanges that it will hold a virtual group analyst meeting with Goldman Sachs on June 4, 2026. The company will use its latest corporate presentation for the interaction, which is available on its website and has al...

CRISIL Announces Resignation of Non-Executive Director Saugata Saha

May 27, 2026

CRISIL Limited has announced that non-executive director Saugata Saha will resign from the company’s board, following his decision to leave parent entity S&P Global Inc., with his tenure at S&P Global continuing through July 30, 2026. T...

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Aug 06, 2026