āagmanLoginNot investment advice. Data and computed figures, for information only.
CRISIL Ltd
₹4,415.50
−₹70.00 (−1.56%)
NSE · 15 Oct 2026, close
Market Cap
₹32,351 Cr
CMP
₹4,415.50
52-wk High / Low
₹5,065 / 3,686
P/E
36.6
P/B
9.9
Book Value
₹447.0
Div Yield
0.57%
ROCE
33.0%
ROE
24.5%
Face Value
₹1
D/E
0.10
Price−5.7% over 1Y
āagman read
Computed by āagmanPiotroski F-Score
1
/ 9
1 of 9 F-score tests passed
Graham Number
₹1,026
√(22.5 × EPS × book value per share)
ROIC
24.0%
vs 10.0% sector median
Cash flow to profit
0.99
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
+30
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
19.4%
ROE × earnings retention ratio
ROE stability
2.5
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.00FII −0.80DII +0.34
Latest quarter vs the previous one
Cash-accrual divergence
0.3%
of assets
Low = accruals track cash flow
Strengths
+ROCE has stayed above the sector median for 5 consecutive years (weakest: 33% vs the 2025 sector median of 16%)
+Price trades above its 200-day moving average (1.0x)
Watch-outs
−Piotroski F-Score of 1/9 is in the weak band (≤3)
Peer comparison
| Name | P/E | Mar Cap ₹ Cr | ROCE % | ROE % |
|---|
Quarterly results
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 771 | 736 | 918 | 738 | 797 | 812 | 913 | 813 | 843 | 911 | 1,082 | 1,058 | 1,075 |
| Expenses | 567 | 544 | 649 | 546 | 591 | 588 | 626 | 581 | 604 | 648 | 742 | 739 | 768 |
| Operating Profit | 204 | 192 | 269 | 192 | 207 | 224 | 287 | 232 | 239 | 263 | 340 | 319 | 308 |
| OPM % | 26.5% | 26.1% | 29.3% | 26.0% | 26.0% | 27.6% | 31.4% | 28.5% | 28.4% | 28.9% | 31.4% | 30.2% | 28.7% |
| Other Income | 18 | 36 | 36 | 21 | 18 | 21 | 30 | 31 | 24 | 37 | 27 | 36 | 21 |
| Interest | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 6 | 6 | 6 | 5 | 7 | 7 |
| Depreciation | 26 | 26 | 25 | 17 | 16 | 16 | 21 | 30 | 32 | 32 | 35 | 39 | 42 |
| Profit before tax | 195 | 200 | 279 | 195 | 208 | 229 | 294 | 227 | 225 | 262 | 327 | 308 | 280 |
| Net Profit | 151 | 152 | 210 | 138 | 150 | 172 | 225 | 160 | 172 | 193 | 242 | 233 | 216 |
| EPS (₹) | 20.60 | 20.79 | 28.74 | 18.84 | 20.53 | 23.46 | 30.72 | 21.86 | 23.46 | 26.41 | 33.02 | 31.90 | 29.60 |
Profit & Loss
| 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 | Jun 2026 | 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 | — | 4,126 |
| 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 | — | 2,897 |
| Operating Profit | 389 | 400 | 443 | 455 | 471 | 456 | 511 | 611 | 730 | 882 | 911 | 1,085 | 1,160 | — | 1,229 |
| OPM % | 31.0% | 29.0% | 28.6% | 27.4% | 26.9% | 26.3% | 25.8% | 26.6% | 26.4% | 28.1% | 27.9% | 29.7% | 29.8% | — | 29.8% |
| Other Income | 24 | 43 | 50 | 25 | 73 | 73 | 83 | 123 | 122 | 94 | 90 | 107 | 124 | — | 121 |
| Interest | 0 | 0 | 0 | 0 | 2 | 0 | 14 | 9 | 6 | 4 | 4 | 22 | 23 | — | 25 |
| Depreciation | 36 | 37 | 55 | 47 | 43 | 37 | 121 | 106 | 103 | 104 | 70 | 129 | 138 | — | 149 |
| Profit before tax | 376 | 406 | 438 | 434 | 500 | 492 | 458 | 618 | 742 | 868 | 926 | 1,041 | 1,122 | — | 1,177 |
| Net Profit | 268 | 285 | 294 | 304 | 363 | 344 | 355 | 466 | 564 | 658 | 684 | 766 | 839 | — | 884 |
| EPS (₹) | 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 | — | 120.93 |
Balance Sheet
| Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 | Mar 2026 | Jun 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 7 | 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 | — | 3,264 | — |
| Borrowings | 0 | 0 | 0 | 0 | 3 | 3 | 0 | 132 | 83 | 47 | 250 | 297 | — | 335 | — |
| Other Liabilities | 416 | 475 | 400 | 446 | 495 | 514 | 895 | 793 | 956 | 1,061 | 1,127 | 1,252 | — | 1,418 | — |
| 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 | — | 5,024 | — |
| Fixed Assets | 432 | 413 | 309 | 293 | 350 | 349 | 763 | 661 | 619 | 635 | 976 | 1,440 | — | 1,515 | — |
| CWIP | 0 | 3 | 4 | 13 | 7 | 12 | 14 | 5 | 14 | 31 | 55 | 30 | — | 0 | — |
| Investments | 375 | 383 | 465 | 525 | 477 | 453 | 476 | 645 | 683 | 1,056 | 1,454 | 1,180 | — | 1,000 | — |
| Other Assets | 458 | 532 | 607 | 663 | 800 | 875 | 955 | 1,193 | 1,515 | 1,576 | 1,457 | 1,932 | — | 2,508 | — |
| 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 | — | 5,024 | — |
Cash Flows
| 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 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % | 48.0 | 45.0 | 45.0 | 41.0 | 45.0 | 42.0 | 37.0 | 38.0 | 41.0 | 41.0 | 34.0 | 33.0 |
| ROE % | — | — | — | — | — | — | — | — | — | — | — | 24.5 |
| EPS (₹) | 37.62 | 40.04 | 41.26 | 42.46 | 50.35 | 47.57 | 48.87 | 63.92 | 77.25 | 90.06 | 93.54 | 104.75 |
| Book Value (₹) | — | — | — | — | — | — | — | — | — | — | — | 447.0 |
| Face Value (₹) | — | — | — | — | — | — | — | — | — | — | — | 1 |
| P/E | — | — | — | — | — | — | — | — | — | — | — | 36.6 |
| Div Yield % | — | — | — | — | — | — | — | — | — | — | — | 0.57 |
| NPM % | 21.0 | 20.0 | 18.4 | 18.1 | 19.9 | 19.1 | 17.2 | 19.2 | 19.5 | 20.3 | 20.4 | 20.4 |
| OPM % | 31.0 | 29.0 | 29.0 | 27.0 | 27.0 | 26.0 | 26.0 | 27.0 | 26.0 | 28.0 | 28.0 | 30.0 |
| D/E | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.08 | 0.05 | 0.02 | 0.10 | 0.10 |
| P/B | — | — | — | — | — | — | — | — | — | — | — | 9.9 |
Growth
Compounded sales growth
10 years+10.0%
5 years+13.0%
3 years+10.0%
TTM+22.0%
Compounded profit growth
10 years+10.0%
5 years+14.0%
3 years+7.0%
TTM+22.0%
Stock price CAGR
10 years+6.0%
5 years+8.0%
3 years+3.0%
Last year−6.0%
Return on equity
10 years29.0%
5 years28.0%
3 years27.0%
Last year24.0%
Documents
Announcements
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Closure of Trading WindowBoard Meeting Intimation for Consideration Of The Unaudited Consolidated And Standalone Financial Results For The Quarter And Nine Months Period Ended September 30, 2026, And Payment Of Third Interim Dividend For The Financial Year Ending December 31, 2026.Announcement under Regulation 30 (LODR)-Newspaper PublicationShareholder Meeting / Postal Ballot-Outcome of Postal_BallotCorporate actions
27 Jul 2026DIVIDENDInterim Dividend - Rs 10 Per Share—
23 Apr 2026DIVIDENDInterim Dividend - Rs 9 Per Share—
2 Apr 2026DIVIDENDDividend - Rs 28 Per Share—
27 Oct 2025DIVIDENDInterim Dividend - Rs 16 Per Share—
28 Jul 2025DIVIDENDInterim Dividend - Rs 9 Per Share—
7 May 2025DIVIDENDInterim Dividend - Rs 8 Per Share—
11 Apr 2025DIVIDENDDividend - Rs 26 Per Share—
30 Oct 2024DIVIDENDInterim Dividend - Rs 15 Per Share—
31 Jul 2024DIVIDENDInterim Dividend - Rs 8 Per Share—
3 May 2024DIVIDENDInterim Dividend - Rs 7 Per Share—
28 Mar 2024DIVIDENDAnnual General Meeting/Dividend - Rs 28 Per Share—
22 Nov 2023DIVIDENDInterim Dividend - Rs 11 Per Share—
2 Aug 2023DIVIDENDInterim Dividend - Rs 8 Per Share—
4 May 2023DIVIDENDInterim Dividend - Rs 7 Per Share—
31 Mar 2023DIVIDENDAnnual General Meeting/Dividend - Rs 23 Per Share—
4 Nov 2022DIVIDENDInterim Dividend - Rs 10 Per Share—
4 Aug 2022DIVIDENDInterim Dividend - Rs 8 Per Share—
6 May 2022DIVIDENDInterim Dividend - Rs 7 Per Share—
30 Mar 2022DIVIDENDAnnual General Meeting/Dividend - Rs 15 Per Share/ Special Dividend - Rs 7 Per Share—
24 Nov 2021DIVIDEND Interim Dividend - Rs 9 Per Share—
3 Aug 2021DIVIDEND Interim Dividend - Rs 8 Per Share—
5 May 2021DIVIDEND Interim Dividend - Rs 7 Per Share—
30 Mar 2021DIVIDEND Annual General Meeting/Dividend - Rs 14 Per Share—
2 Nov 2020DIVIDEND Interim Dividend - Rs 7 Per Share—
4 Aug 2020DIVIDEND Interim Dividend - Rs 6 Per Share—
4 May 2020DIVIDEND Interim Dividend - Rs 6 Per Share—
31 Mar 2020DIVIDEND Annual General Meeting/Dividend Rs 13 Per Share—
21 Nov 2019DIVIDEND Interm Dividend - Rs 7 Per Share—
6 Aug 2019DIVIDEND Interim Dividend - Rs 6 Per Share—
6 May 2019DIVIDEND Interim Dividend - Rs 6 Per Share—
28 Mar 2019DIVIDEND Annual General Meeting / Dividend Rs - 11 Per Share—
29 Oct 2018DIVIDEND Interim Dividend - Rs 7 Per Share—
27 Jul 2018DIVIDEND Interim Dividend - Rs 6 Per Share (Purpose Revised)—
3 May 2018DIVIDEND Interim Dividend - Rs 6 Per Share (Purpose Revised)—
27 Mar 2018DIVIDEND Annual General Meeting/ Dividend - Rs 10 Per Share—
31 Oct 2017DIVIDEND Interim Dividend - Rs 6/- Per Share (Purpose Revised)—
27 Jul 2017DIVIDEND Interim Dividend - Rs 6/- Per Share (Purpose Revised)—
3 May 2017DIVIDEND Interim Dividend Rs 6/- Per Share (Purpose Revised)—
21 Mar 2017DIVIDEND Annual General Meeting/Dividend Rs 9/- Per Share—
21 Oct 2016DIVIDEND Third Interim Dividend Rs 7/- Per Share (Purpose Revised)—
28 Jul 2016DIVIDEND Interim Dividend - Rs 6/- Per Share—
28 Apr 2016DIVIDEND Interim Dividend Rs 5/- Per Share (Purpose Revised)—
8 Mar 2016DIVIDEND Annual General Meeting/ Final Dividend - Rs 7/- + Special Dividend -Rs 3/- Per Share—
21 Oct 2015DIVIDEND Interim Dividend - Rs 5/- Per Share (Purpose Revised)—
23 Apr 2015DIVIDENDInterim Dividend - Rs 4/- Per Share (Purpose Revised)—
10 Mar 2015DIVIDENDAnnual General Meeting / Final Dividend - Rs 6/- Per Share / Special Dividend - Rs 4/- Per Share—
22 Oct 2014DIVIDENDInterim Dividend Rs.4/- Per Share (Purpose Revised)—
24 Jul 2014DIVIDENDInterim Dividend Rs 3/- Per Share (Purpose Revised)—
25 Apr 2014DIVIDENDInterim Dividend - Rs 3/- Per Share (Purpose Revised)—
11 Mar 2014DIVIDENDAnnual General Meeting/Final Dividend Rs 4/- Per Share+Special Dividend Rs 6/- Per Share—
24 Oct 2013DIVIDENDThird Interim Dividend Rs 3/- Per Share—
7 Aug 2013DIVIDENDInterim Dividend Rs.3/- Per Equity Share—
25 Apr 2013DIVIDENDInterim Dividend Rs.3/- Per Equity Share (Purpose Revised)—
12 Mar 2013DIVIDENDAnnual General Meeting/Dividend Rs 4 Per Share—
23 Oct 2012DIVIDEND3rd Interim Dividend Rs.3/- Per Share (Purpose Revised)—
23 Jul 2012DIVIDEND2nd Interim Dividend Rs.3/- Per Share (Purpose Revised)—
24 Apr 2012DIVIDENDFirst Interim Dividend Rs.3/- Per Share And Special Dividend Rs.3/- Per Share (Purpose Revised)—
13 Mar 2012DIVIDENDDividend - Rs. 2.75/- Per Share—
28 Oct 2011DIVIDEND3rd Interim Dividend Rs.2.75 Per Share (Purpose Revised)—
28 Sep 2011SPLITFace Value Split From Rs.10/- To Re.1/-10 : 1
26 Jul 2011DIVIDEND2nd Interim Dividend Rs.27.50 Per Share (Purpose Revised)—
20 Apr 2011DIVIDENDInterim Dividend Rs.27.50 Per Share (Purpose Revised)—
14 Mar 2011DIVIDENDDividend - Rs.25 Per Share—
22 Oct 2010DIVIDEND3rd Interim Dividend-Rs.25/- Per Share (Purpose Revised)—
28 Jul 2010DIVIDEND2nd Interim Dividend-Rs.25/- Per Share (Purpose Revised)—
12 Mar 2010DIVIDENDDividend-Rs.25/- Pr Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman