Crisil (CRISIL)₹4,390−2.12%Other Financial Services
In the Sep 2026 quarter (consolidated), Crisil reported sales of ₹1,099 Cr, up 20.3% from Sep 2025, and net profit of ₹205 Cr, up 6.3% year on year. For the year to Dec 2025, sales were ₹3,660 Cr and net profit ₹768 Cr.
Company filings, consolidated accounts; latest reported quarter Sep 2026
| Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 921 | 740 | 800 | 814 | 916 | 815 | 845 | 914 | 1,085 | 1,062 | 1,078 | 1,099 |
| Expenses | 651 | 547 | 592 | 589 | 627 | 582 | 605 | 649 | 743 | 740 | 770 | 795 |
| Operating Profit | 270 | 193 | 208 | 225 | 288 | 233 | 240 | 264 | 341 | 320 | 309 | 303 |
| OPM % | 29.1% | 26.1% | 26.1% | 28.0% | 31.1% | 29.1% | 28.1% | 29.0% | 31.1% | 30.1% | 29.0% | 28.0% |
| Other Income | 35.86 | 20.91 | 17.92 | 20.91 | 29.89 | 30.88 | 23.91 | 36.86 | 26.88 | 35.86 | 20.93 | 25.89 |
| Interest | 1.01 | 1.01 | 1.01 | 0.99 | 2.01 | 6.01 | 6.01 | 6.01 | 5.01 | 7.01 | 7.01 | 6.99 |
| Depreciation | 25.06 | 17.04 | 16.05 | 16.05 | 21.07 | 30.08 | 32.10 | 32.09 | 35.09 | 39.11 | 42.10 | 44.13 |
| Profit before tax | 279 | 195 | 207 | 228 | 293 | 227 | 224 | 261 | 326 | 307 | 280 | 276 |
| Tax % | 24.9% | 29.9% | 27.9% | 25.0% | 24.0% | 30.0% | 24.0% | 26.0% | 26.0% | 24.0% | 23.0% | 26.0% |
| Net Profit | 211 | 138 | 150 | 172 | 225 | 160 | 172 | 193 | 242 | 233 | 217 | 205 |
| EPS (Rs) | 28.69 | 18.81 | 20.51 | 23.40 | 30.67 | 21.83 | 23.42 | 26.37 | 32.98 | 31.87 | 29.58 | 27.95 |
| Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,383 | 1,552 | 1,664 | 1,754 | 1,737 | 1,988 | 2,307 | 2,779 | 3,151 | 3,271 | 3,660 | 4,323 |
| Expenses | 982 | 1,106 | 1,205 | 1,279 | 1,278 | 1,474 | 1,694 | 2,042 | 2,263 | 2,354 | 2,568 | 3,048 |
| Operating Profit | 402 | 444 | 457 | 473 | 457 | 513 | 613 | 733 | 885 | 915 | 1,090 | 1,274 |
| OPM % | 29.1% | 29.0% | 27.1% | 27.1% | 26.0% | 26.1% | 27.1% | 26.0% | 28.1% | 28.1% | 30.1% | 29.5% |
| Other Income | 42.80 | 49.79 | 24.90 | 72.70 | 72.71 | 82.63 | 123 | 122 | 93.64 | 89.66 | 107 | 110 |
| Interest | 0.00 | 0.00 | 0.00 | 1.99 | 0.00 | 14.01 | 9.01 | 6.01 | 4.01 | 4.01 | 22.01 | 26.02 |
| Depreciation | 37.11 | 55.15 | 47.13 | 43.08 | 37.10 | 121 | 106 | 103 | 104 | 70.22 | 129 | 160 |
| Profit before tax | 405 | 437 | 433 | 499 | 491 | 457 | 616 | 740 | 867 | 923 | 1,038 | 1,188 |
| Tax % | 30.0% | 33.0% | 30.0% | 27.0% | 30.0% | 23.0% | 25.0% | 24.0% | 23.9% | 26.0% | 26.0% | — |
| Exceptional items | 13.95 | 17.93 | 9.95 | 2.99 | 6.97 | 4.98 | 42.81 | 8.96 | 15.94 | 77.69 | 80.62 | — |
| Net Profit | 286 | 295 | 305 | 363 | 344 | 355 | 467 | 565 | 660 | 685 | 768 | 898 |
| EPS (Rs) | 40.00 | 41.19 | 42.36 | 50.28 | 47.49 | 48.75 | 63.80 | 77.13 | 89.91 | 93.38 | 104.61 | 122.38 |
| Dividend payout % | 57.0% | 65.0% | 66.0% | 60.0% | 67.0% | 68.0% | 72.0% | 62.0% | 60.0% | 60.0% | 57.0% | — |
| 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 | 6.99 | 7.00 | 7.01 | 7.01 | 7.01 | 7.01 | 7.00 | 7.00 | 7.00 | 7.01 | 7.00 | 7.00 |
| Reserves | 840 | 849 | 978 | 1,041 | 1,130 | 1,166 | 1,303 | 1,571 | 1,785 | 2,184 | 2,559 | 3,027 |
| Borrowings | 0.00 | 0.00 | 0.00 | 0.00 | 3.01 | 3.01 | 0.00 | 132 | 83.20 | 47.14 | 251 | 298 |
| Other Liabilities | 418 | 477 | 402 | 448 | 497 | 516 | 899 | 797 | 961 | 1,066 | 1,132 | 1,258 |
| Total Liabilities | 1,266 | 1,333 | 1,387 | 1,497 | 1,637 | 1,693 | 2,210 | 2,508 | 2,836 | 3,305 | 3,949 | 4,589 |
| Fixed Assets | 431 | 412 | 308 | 292 | 349 | 349 | 762 | 660 | 618 | 634 | 975 | 1,438 |
| CWIP | 0.00 | 3.01 | 4.01 | 12.99 | 6.99 | 11.99 | 14.01 | 4.99 | 13.99 | 30.99 | 54.96 | 30.01 |
| Investments | 376 | 384 | 466 | 526 | 478 | 454 | 477 | 646 | 685 | 1,058 | 1,457 | 1,182 |
| Other Assets | 460 | 534 | 609 | 665 | 803 | 878 | 958 | 1,197 | 1,519 | 1,583 | 1,463 | 1,939 |
| Trade receivables | 141 | 196 | 207 | 260 | 285 | 199 | 306 | 540 | 758 | 671 | 549 | 686 |
| Cash & equivalents | 155 | 152 | 176 | 132 | 207 | 345 | 278 | 293 | 320 | 369 | 303 | 322 |
| Total Assets | 1,266 | 1,333 | 1,387 | 1,497 | 1,637 | 1,693 | 2,210 | 2,508 | 2,836 | 3,305 | 3,949 | 4,589 |
| 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 | 447 | 500 | 403 | 456 | 781 | 765 | 757 |
| Cash from investing activity | −185 | 1.99 | −18.96 | −179 | −63.94 | −76.93 | −299 | −96.79 | −58.89 | −325 | −386 | −267 |
| Cash from financing activity | −112 | −263 | −227 | −187 | −204 | −230 | −266 | −292 | −369 | −409 | −443 | −471 |
| Net cash flow | −30.93 | 9.97 | 32.92 | −74.86 | 111 | 140 | −63.83 | 14.96 | 28.93 | 46.87 | −63.85 | 17.97 |
| Capex | 21.06 | 26.07 | 23.06 | 34.07 | 33.08 | 29.08 | 35.10 | 23.06 | 41.09 | 63.19 | 173 | 73.18 |
| Free cash flow | 244 | 244 | 255 | 257 | 346 | 416 | 464 | 429 | 416 | 719 | 592 | 685 |
| CFO / OP % | 99.9% | 99.9% | 97.9% | 101.0% | 116.0% | 129.9% | 122.0% | 98.0% | 93.0% | 116.0% | 118.0% | 96.0% |
| 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 |
| 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 % | 48.1% | 45.0% | 45.1% | 41.1% | 45.1% | 42.0% | 37.1% | 38.1% | 41.0% | 41.1% | 34.0% | 33.1% |
For the Sep 2026 quarter, Crisil reported sales of ₹1,099 Cr, up 20.3% year on year and net profit of ₹205 Cr, up 6.3% year on year. The operating margin was 28.0%.
Crisil's sales for the year to Dec 2025 were ₹3,660 Cr; over the last twelve months they were ₹4,323 Cr.
Net profit for the year to Dec 2025 was ₹768 Cr, and ₹898 Cr over the last twelve months. Earnings per share over the same trailing period were ₹122.38.
Crisil reported borrowings of ₹298 Cr at Dec 2025, against cash and equivalents of ₹322 Cr.
Cash from operations was ₹757 Cr in the year to Dec 2025; after capital spending, free cash flow was ₹685 Cr.