Financial Services · NSE: CRISIL
Crisil
Q3 2026 · From the investor presentation
- M.Cap
- ₹31,835Cr
- P/E
- 35.5×
- 1Y return
- −6.44%
- From 52W high
- −10.7%
Highlights are read by AI from the company's filing and can contain mistakes. Check the source page linked to each line.
Share price
In short
- 01Q3 2026 income from operations rose 20.2%, PBT 5.3% and PAT 5.9% on year.
- 02Q3 2026 income from operations was Rs 1,095 crore, PBT Rs 276 crore, PAT Rs 205 crore.
- 03Ratings income from operations grew 28.9% in Q3 2026 to Rs 345.6 crore.
- 04Research, Analytics & Solutions segment profit fell 8.3% in Q3 2026; margin was 17.2%.
- 05Q3 2025 segment profit had a higher FX gain than Q3 2026.
- 06Coalition Greenwich revenue growth moderated in Q3 after faster renewals in H1 2026.
- 07Interim dividend of Rs 17 per share, against Rs 16 a year earlier.
Segments
Ratings Services: Ratings income from operations Rs 345.6 crore in Q3, up 28.9%; nine months up 23.6%
Slides · p. 14
Ratings Services: Ratings income from operations Rs 345.6 crore in Q3, up 28.9%; nine months up 23.6%
“787.8 973.4 23.6% 268.2 345.6 28.9%”
Ratings Services: Ratings segment profit Rs 155.2 crore in Q3, up 28.6%; nine months up 26.9%
Slides · p. 14
Ratings Services: Ratings segment profit Rs 155.2 crore in Q3, up 28.6%; nine months up 26.9%
“Segment profit 357.2 453.3 26.9% Segment profit 120.7 155.2 28.6%”
Research, Analytics & Solutions: Research, Analytics & Solutions income Rs 749.9 crore in Q3, up 16.5%; nine months up 26.7%
Slides · p. 18
Research, Analytics & Solutions: Research, Analytics & Solutions income Rs 749.9 crore in Q3, up 16.5%; nine months up 26.7%
“1,781.2 2,256.4 26.7% 643.6 749.9 16.5%”
Research, Analytics & Solutions: Research, Analytics & Solutions segment profit Rs 129.3 crore in Q3, down 8.3%
Slides · p. 18
Research, Analytics & Solutions: Research, Analytics & Solutions segment profit Rs 129.3 crore in Q3, down 8.3%
“Segment profit 359.3 453.4 26.2% Segment profit 141.0 129.3 -8.3%”
Crisil Coalition Greenwich: Coalition Greenwich revenue growth moderated in Q3 after faster renewal conversion in H1
Slides · p. 18
Crisil Coalition Greenwich: Coalition Greenwich revenue growth moderated in Q3 after faster renewal conversion in H1
“The revenue growth moderated during Q3 2026 following the accelerated renewal pipeline conversion in H1 2026”
Demand
Corporate bond issuances fell 6% in 9M 2026
Slides · p. 13
Corporate bond issuances fell 6% in 9M 2026
“Corporate bond issuances declined 6% in 9M 2026 despite a low-base-driven”
India GDP growth forecast at 7.0% in FY27
Slides · p. 7
India GDP growth forecast at 7.0% in FY27
“GDP growth forecast at 7.0% in FY27*, supported by domestic”
Corporate bond issuances up 36% in Q3; bank credit growth described as robust
Slides · p. 13
Corporate bond issuances up 36% in Q3; bank credit growth described as robust
“36% increase in Q3, while bank credit growth remained robust”
Margins and costs
Ratings Services: Ratings margin 44.9% in Q3 vs 45.0%; nine-month margin 46.6% vs 45.3%
Slides · p. 14
Ratings Services: Ratings margin 44.9% in Q3 vs 45.0%; nine-month margin 46.6% vs 45.3%
“Margin 45.3% 46.6% Margin 45.0% 44.9%”
Research, Analytics & Solutions: Research, Analytics & Solutions margin 17.2% in Q3 vs 21.9%; nine months 20.1% vs 20.2%
Slides · p. 18
Research, Analytics & Solutions: Research, Analytics & Solutions margin 17.2% in Q3 vs 21.9%; nine months 20.1% vs 20.2%
“Margin 20.2% 20.1% Margin 21.9% 17.2%”
Dividends and buybacks
Interim dividend of Rs 17 per share vs Rs 16 a year earlier
Slides · p. 11
Interim dividend of Rs 17 per share vs Rs 16 a year earlier
“Interim dividend of Rs 17 per share declared in Q3 FY26 vs. Rs 16 per share in the same quarter last year”
One-offs
Research, Analytics & Solutions: Q3 2025 segment profit included a higher FX gain than Q3 2026
Slides · p. 18
Research, Analytics & Solutions: Q3 2025 segment profit included a higher FX gain than Q3 2026
“The segment profit for Q3 2025 included a higher FX gain as compared to Q3 2026”
Risks
RBI actions helped stabilise the rupee
Slides · p. 7
RBI actions helped stabilise the rupee
“Recent actions by the RBI have helped stabilize the rupee.”
Other
Q3 income from operations up 20.2%, PBT up 5.3%, PAT up 5.9% on year
Slides · p. 11
Q3 income from operations up 20.2%, PBT up 5.3%, PAT up 5.9% on year
“+20.2% +5.3% +5.9%”
Q3 income from operations Rs 1,095 crore, PBT Rs 276 crore, PAT Rs 205 crore
Slides · p. 11
Q3 income from operations Rs 1,095 crore, PBT Rs 276 crore, PAT Rs 205 crore
“1,095 276 205”
Company continued to scale domain-led AI capabilities and products
Slides · p. 9
Company continued to scale domain-led AI capabilities and products
“Continued to scale our domain-led AI capabilities through the development and deployment of differentiated products and”
Crisil Foundation reached an additional 2.7 lakh people
Slides · p. 9
Crisil Foundation reached an additional 2.7 lakh people
“Crisil Foundation drove community impact through Mein Pragati and Crisil RE—reaching an additional 2.7 lakh people”
Sources
- Investor presentation, Q3 2026 Filed 23 Oct 2026 · 23 pages
Management's own statements, quoted from its NSE filings. This page was read by AI and can contain mistakes: check the source pages before relying on any figure. No forecast or opinion of ours. Not investment advice.