CRISIL CRISIL
India's largest rating agency, majority-owned by S&P Global, with global research, benchmarking and risk-analytics businesses
Mapped in 1 theme: Capital Markets.
Where CRISIL sits in the supply chain
CRISIL appears in 1 supply-chain layer in one theme, Capital Markets.
Revenue and profit
| ₹ Cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 2,301 | 2,769 | 3,140 | 3,260 | 3,649 |
| Net profit | 466 | 564 | 658 | 684 | 766 |
Latest-year revenue ₹3,649 Cr (FY26, company-wide).
Note: Reports Jan-Dec fiscal year: the FY22-FY26 columns hold CY2021-CY2025; Calendar-year (Jan-Dec) reporting.
Strengths
- Research and analytics for global banks earn steadier, dollar-linked income
- Leading share in bond and bank-loan ratings
Risks
- Domestic ratings dip when bond issuance falls (Apr-Jun 2026)
- Global research depends on investment banks' outsourcing budgets
Common questions
What does CRISIL do?
India's largest rating agency, majority-owned by S&P Global, with global research, benchmarking and risk-analytics businesses.
Where does CRISIL sit in the supply chain?
CRISIL (NSE: CRISIL) is mapped in 1 supply-chain layer: Ratings & research (Capital Markets).
Who are CRISIL's peers?
In the Ratings & research layer of Capital Markets: ICRA, CARE Ratings and India Ratings & Research (Fitch) (not NSE-listed).
What is CRISIL's market cap and valuation?
As of 6 Nov 2026: market cap ₹32,106 Cr, P/E 35.8x, ROCE 32.6%, ROE 24.5%, dividend yield 0.82%.