Shares of CRISIL gained 2.25% to trade at Rs 6,113.00 in Wednesday's session. The stock is among the top gainers on the Nifty Midcap 150 index, showcasing positive investor sentiment.
Financial Performance:
CRISIL's consolidated financial performance shows consistent revenue and net profit growth. Here's a summary:
Consolidated Quarterly Performance:
| Heading | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 |
|---|---|---|---|---|---|
| Revenue | Rs 737.68 Crore | Rs 797.35 Crore | Rs 811.84 Crore | Rs 912.91 Crore | Rs 813.18 Crore |
| Net Profit | Rs 137.72 Crore | Rs 150.11 Crore | Rs 171.55 Crore | Rs 224.69 Crore | Rs 159.84 Crore |
| EPS | 18.84 | 20.53 | 23.46 | 30.72 | 21.86 |
The revenue for the quarter-ending March 2025 stood at Rs 813.18 Crore, compared to Rs 737.68 Crore for the quarter-ending March 2024, representing an increase. The net profit for the quarter-ending March 2025 was Rs 159.84 Crore, compared to Rs 137.72 Crore for the quarter-ending March 2024.
Consolidated Yearly Performance:
| Heading | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | Rs 1,981.83 Crore | Rs 2,300.69 Crore | Rs 2,768.72 Crore | Rs 3,139.52 Crore | Rs 3,259.78 Crore |
| Net Profit | Rs 354.73 Crore | Rs 465.81 Crore | Rs 564.39 Crore | Rs 658.44 Crore | Rs 684.07 Crore |
| EPS | 48.93 | 64.03 | 77.31 | 90.08 | 93.55 |
| BVPS | 180.69 | 216.21 | 245.14 | 299.44 | 350.86 |
| ROE | 27.04 | 29.55 | 31.49 | 30.08 | 26.67 |
| Debt to Equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
The company’s revenue increased from Rs 3,139.52 Crore in 2023 to Rs 3,259.78 Crore in 2024. Net profit also rose from Rs 658.44 Crore in 2023 to Rs 684.07 Crore in 2024.
Annual Income Statement:
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|---|
| Sales | Rs 3,259 Crore | Rs 3,139 Crore | Rs 2,768 Crore | Rs 2,300 Crore | Rs 1,981 Crore |
| Other Income | Rs 89 Crore | Rs 93 Crore | Rs 122 Crore | Rs 77 Crore | Rs 83 Crore |
| Total Income | Rs 3,349 Crore | Rs 3,233 Crore | Rs 2,891 Crore | Rs 2,377 Crore | Rs 2,064 Crore |
| Total Expenditure | Rs 2,418 Crore | Rs 2,361 Crore | Rs 2,142 Crore | Rs 1,750 Crore | Rs 1,592 Crore |
| EBIT | Rs 930 Crore | Rs 871 Crore | Rs 748 Crore | Rs 627 Crore | Rs 472 Crore |
| Interest | Rs 4 Crore | Rs 3 Crore | Rs 6 Crore | Rs 8 Crore | Rs 14 Crore |
| Tax | Rs 242 Crore | Rs 209 Crore | Rs 178 Crore | Rs 152 Crore | Rs 103 Crore |
| Net Profit | Rs 684 Crore | Rs 658 Crore | Rs 564 Crore | Rs 465 Crore | Rs 354 Crore |
Quarterly Income Statement:
| Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | |
|---|---|---|---|---|---|
| Sales | Rs 813 Crore | Rs 912 Crore | Rs 811 Crore | Rs 797 Crore | Rs 737 Crore |
| Other Income | Rs 30 Crore | Rs 30 Crore | Rs 21 Crore | Rs 18 Crore | Rs 21 Crore |
| Total Income | Rs 843 Crore | Rs 943 Crore | Rs 833 Crore | Rs 815 Crore | Rs 758 Crore |
| Total Expenditure | Rs 610 Crore | Rs 646 Crore | Rs 603 Crore | Rs 606 Crore | Rs 562 Crore |
| EBIT | Rs 232 Crore | Rs 296 Crore | Rs 229 Crore | Rs 208 Crore | Rs 196 Crore |
| Interest | Rs 5 Crore | Rs 2 Crore | Rs 0 Crore | Rs 0 Crore | Rs 0 Crore |
| Tax | Rs 67 Crore | Rs 69 Crore | Rs 56 Crore | Rs 57 Crore | Rs 57 Crore |
| Net Profit | Rs 159 Crore | Rs 224 Crore | Rs 171 Crore | Rs 150 Crore | Rs 137 Crore |
Cash Flow:
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|---|
| Operating Activities | Rs 765 Crore | Rs 780 Crore | Rs 456 Crore | Rs 403 Crore | Rs 500 Crore |
| Investing Activities | Rs -386 Crore | Rs -326 Crore | Rs -61 Crore | Rs -88 Crore | Rs -322 Crore |
| Financing Activities | Rs -441 Crore | Rs -407 Crore | Rs -368 Crore | Rs -291 Crore | Rs -265 Crore |
| Others | Rs -1 Crore | Rs 0 Crore | Rs 2 Crore | Rs -8 Crore | Rs 23 Crore |
| Net Cash Flow | Rs -64 Crore | Rs 46 Crore | Rs 29 Crore | Rs 15 Crore | Rs -64 Crore |
Balance Sheet:
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|---|
| Share Capital | Rs 7 Crore | Rs 7 Crore | Rs 7 Crore | Rs 7 Crore | Rs 7 Crore |
| Reserves & Surplus | Rs 2,557 Crore | Rs 2,181 Crore | Rs 1,784 Crore | Rs 1,568 Crore | Rs 1,304 Crore |
| Current Liabilities | Rs 1,091 Crore | Rs 1,006 Crore | Rs 943 Crore | Rs 801 Crore | Rs 688 Crore |
| Other Liabilities | Rs 285 Crore | Rs 118 Crore | Rs 95 Crore | Rs 125 Crore | Rs 206 Crore |
| Total Liabilities | Rs 3,941 Crore | Rs 3,314 Crore | Rs 2,831 Crore | Rs 2,503 Crore | Rs 2,206 Crore |
| Fixed Assets | Rs 605 Crore | Rs 244 Crore | Rs 252 Crore | Rs 293 Crore | Rs 400 Crore |
| Current Assets | Rs 2,142 Crore | Rs 2,097 Crore | Rs 1,761 Crore | Rs 1,433 Crore | Rs 1,084 Crore |
| Other Assets | Rs 1,193 Crore | Rs 972 Crore | Rs 817 Crore | Rs 776 Crore | Rs 722 Crore |
| Total Assets | Rs 3,941 Crore | Rs 3,314 Crore | Rs 2,831 Crore | Rs 2,503 Crore | Rs 2,206 Crore |
| Contingent Liabilities | Rs 664 Crore | Rs 550 Crore | Rs 435 Crore | Rs 267 Crore | Rs 117 Crore |
Key Financial Ratios:
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|---|
| Basic EPS (Rs.) | 93.55 | 90.08 | 77.31 | 64.03 | 48.93 |
| Diluted Eps (Rs.) | 93.55 | 90.07 | 77.31 | 63.96 | 48.93 |
| Book Value [Excl. Reval Reserve]/Share (Rs.) | 350.86 | 299.44 | 245.14 | 216.21 | 180.69 |
| Dividend/Share (Rs.) | 56.00 | 54.00 | 48.00 | 46.00 | 33.00 |
| Face Value | 1 | 1 | 1 | 1 | 1 |
| Gross Profit Margin (%) | 30.69 | 31.06 | 30.77 | 29.88 | 29.96 |
| Operating Margin (%) | 28.54 | 27.75 | 27.04 | 25.27 | 23.85 |
| Net Profit Margin (%) | 20.98 | 20.97 | 20.38 | 20.24 | 17.89 |
| Return on Networth / Equity (%) | 26.67 | 30.08 | 31.49 | 29.55 | 27.04 |
| ROCE (%) | 32.64 | 37.75 | 39.67 | 34.16 | 31.14 |
| Return On Assets (%) | 17.35 | 19.86 | 19.93 | 18.60 | 16.07 |
| Current Ratio (X) | 1.96 | 2.08 | 1.87 | 1.79 | 1.57 |
| Quick Ratio (X) | 1.96 | 2.08 | 1.87 | 1.79 | 1.57 |
| Debt to Equity (x) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Coverage Ratios (X) | 248.25 | 266.43 | 133.14 | 76.99 | 32.85 |
| Asset Turnover Ratio (%) | 0.90 | 1.02 | 1.04 | 0.65 | 89.81 |
| Inventory Turnover Ratio (X) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 3 Yr CAGR Sales (%) | 19.03 | 25.86 | 26.44 | 14.71 | 9.32 |
| 3 Yr CAGR Net Profit (%) | 21.18 | 36.24 | 28.10 | 13.26 | 7.95 |
| P/E (x) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| P/B (x) | 19.05 | 14.49 | 12.51 | 13.35 | 10.64 |
| EV/EBITDA (x) | 48.54 | 32.15 | 25.93 | 30.17 | 23.04 |
| P/S (x) | 14.99 | 10.10 | 8.10 | 9.14 | 7.04 |
Corporate Actions:
CRISIL has announced several corporate actions. The board will meet on July 22, 2025, to consider the second interim dividend for the financial year ending December 31, 2025, which will be paid on August 8, 2025, subject to approval.
Other corporate actions include:
In summary, CRISIL's stock is currently trading at Rs 6,113.00, marking a 2.25% increase, driven by very bullish investor sentiment indicated by Moneycontrol analysis.
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