Crisil Ratings

Trump's 26 percent reciprocal tariff will immediately slow down Indian solar exports to the US, but it will make the sector more globally competitive while also affording the opportunity to explore other global markets. The government will need to address fears of dumping by the Chinese manufacturers.

Indian banks profits may dip in FY26 on margin squeeze, says CRISIL report

The report pegs credit growth at 12-13 percent but says deposit growth remain a critical bottleneck

India’s corporate credit holds strong amid global risks, says Crisil report

The reaffirmation rate climbed to approximately 83% , surpassing the 10-year average of 82.5% for the first time since FY22.

CRISIL's wholly owned subsidiary gets Sebi nod for ESG rating

CRISIL's ESG 'scoring' business will now be transferred to CRISIL ESG Ratings.

India to grow at 6.8% in FY'25, to become upper middle-income country by 2031: Crisil Ratings

In its India Outlook report, Crisil said the Indian economy will take support from domestic structural reforms and cyclical levers and can retain -- perhaps even improve -- its growth prospects to become the third largest economy by 2031.

Multiplexes' revenue growth to dip to 15% in FY25; OTTs crimping profit margins

The profit margins will widen marginally, but will continue to be lower than the pre-pandemic levels due to the competition faced by the industry from over the top service providers like Netflix and Amazon Prime, the report by Crisil Ratings said.

Crisil upgrades rating on Adani Power bank loan facilities

The loan facilities were rated 'A' with a stable outlook earlier.

Multiple woes take the fluff off cotton spinning mills

Yarn spinners are in a rut with low realisations and spiralling costs squeezing profit margins

Coal power plants thrive despite surge in renewable energy capacity: CRISIL Ratings

The report stated that higher PLFs will continue to be supported by conducive fuel supply as domestic coal production, building upon its record high of 893 million tonne (MT) last fiscal, is on track to achieve 11-13 percent growth projected for this fiscal.

Revenue of FMCG companies to grow 7-9% in FY24: CRISIL Ratings

This will be driven by higher volumes and recovery in rural demand, according to the analysts.

Loss Default guarantee norms | RBI gives clarity but some sectors may see near-term impact: CRISIL Ratings

Stricter rules on FLDG cover and non-performing asset (NPA) recognition to curb volume in higher-yield segments, the rating agency said.

Debt-to-earnings ratio of steel producers to remain below 2 times in FY24: Crisil Ratings

The steel makers had reported the ratio of net debt to EBITDA in the range of 1.6-1.7 times in preceding financial year (FY) 2022-23, Crisil Ratings said in a report.

Crisil Ratings upgrades outlook on Jindal Stainless to positive

The rating agency has revised its outlook in view of the company's improved business risk profile, an expected uptick in scale and forward integration with capacity expansion and acquisitions, JSL said in a statement.

NBFCs' assets under management expected to grow by 13-14% in FY23-24: CRISIL Ratings

According to the CRISIL report, the assets under management (AUM) of NBFCs was Rs 24.6 lakh crore as on March 2020, Rs 25.1 lakh crore on March 2021, and around Rs 27 lakh crore on March 2022.

India Inc's key credit ratio moderated sharply in second half of FY23: Crisil Ratings

The Crisil credit ratio, or the number of upgrades to downgrades, moderated to 2.19 times for the October 2022-March 2023 period, as against 5.52 times in the first half of FY23.

Strong demand to boost profits of travel operators by 6-7% in FY23, FY24: Report

The revenue is likely to be 90 per cent of the pre-pandemic levels or FY20, mainly buoyed by strong recovery in both corporate and leisure travel segments in India and abroad, Crisil Ratings said in its report.

Agrochem revenue to grow 15-17% in FY23: Report

Revenue is expected to grow by 10-12 per cent in the next 2023-24 financial year as India continues to benefit from the China+1 strategy of global players and key molecules going off patent, Crisil Ratings said in a report said on Monday.

States' indebtedness to remain elevated at 30-31% this fiscal: CRISIL

CRISIL also notes that sticky revenue expenditure and the need for higher capital outlays, along with modest revenue growth, will keep borrowings of the states up this fiscal.

NBFCs' asset growth set to touch four-year high in FY23: Crisil Ratings

The non-bank finance companies (NBFCs) segment has witnessed three consecutive years of constrained asset growth due to the COVID-19 pandemic, with the growth coming at 5 per cent in FY22, Crisil Ratings said.

Growing demand to boost poultry industry revenue by 30 pc in FY23: Report

The poultry industry revenue growth, set to be over 30 per cent to reach Rs 2,50,000 crore this fiscal, would be largely attributable to higher prices, as capacities remain constrained, the report said.

Banks may not cut lending to steel sector despite export duty hike, say rating agencies

The government, on May 21, increased the duty on exports of iron ore to 50 percent from 30 percent and imposed 45 percent duty on pellets. It also imposed a 15 percent export duty on hot-rolled and cold-rolled steel products from nil earlier

India Inc and its ESG story: 12 interesting insights

CRISIL has analysed 586 companies, across 53 sectors

CRISIL withdraws SpiceJet's rating; puts company in non-cooperating category

"Crisil Ratings is yet to receive adequate information from SpiceJet Limited (SpiceJet) to enable it to undertake a rating review. Crisil Ratings is taking all possible efforts to get the rated entity to cooperate with its rating process to enable it to carry out the rating review," the rating agency said.

Fertiliser sales volume to spurt 10% to record 68 million tonne in FY21: Report

Crisil Ratings in a report stated that fertiliser sales in the country is set to surge 10 percent to a record 68 million tonne this fiscal following a good monsoon.