# Crisil (CRISIL) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/crisil

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹4,400
- Change: -0.64%
- As of: 2026-11-06
- 1D return: -0.64%
- 5D return: -2.58%
- 1M return: -0.09%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-11-06_

### Technical Outlook

CRISIL (₹4,400) exhibits a weak, range-bound technical structure as of 2026-11-06. Trend strength is minimal across all horizons, with the Daily ADX at 15.33 and Monthly ADX at 4.88. Price positioning is mixed: while the stock trades above its 200-period SMA and Supertrend on the daily chart, it sits below short-term moving averages (20/50 EMA/SMA), indicating near-term weakness. The stock is in the lower third of its 20-day and 50-day ranges but near the midpoint of its 252-day range. Recent price action includes an active monthly Bearish Engulfing Reversal pattern and a moderate downward anomaly on 2026-10-30. Volatility is elevated at 29.7% annualized, with a current drawdown of -31.3%. Key resistance lies at ₹4,453 (pivot, +1.21%) and ₹4,486 (high, +1.96%). Immediate support is found at ₹4,395 (-0.11%) and ₹4,383 (-0.39%). A sustained move above ₹4,453 would be required to confirm a shift toward bullish momentum; failure to hold above recent lows may extend the consolidation.

- Trend Strength: Weak across timeframes (Daily ADX 15.33, Monthly ADX 4.88); price below short-term MAs but above 200-SMA and Supertrend.
- Price Positioning: Trading at ₹4,400, located in the lower end of the 20-day (+13.9%) and 50-day (+13.1%) ranges, but middle of the 252-day range (+54.5%).
- Key Levels: Resistance at ₹4,453 (+1.21%) and ₹4,486 (+1.96%); Support at ₹4,395 (-0.11%) and ₹4,383 (-0.39%).
- Risk & Patterns: Active monthly Bearish Engulfing Reversal; high volatility (29.7% annualized) and significant current drawdown (-31.3%).
- Confirmation Condition: A daily close above ₹4,453 would signal potential bullish reversal; holding above ₹4,395 is critical for maintaining current support.

- Bearish Engulfing Reversal
- Harami
- Outside Bar
- Inside Bar

### News Context

CRISIL Limited reported two material corporate developments in the seven-day window ending November 6, 2026. On November 3, the company appointed Mr. Sunilsingh Rajput as Chief Technology and Information Officer (CTIO) and a member of Senior Management, effective immediately. This appointment signals a structural update to the executive leadership team responsible for technology and information systems. Concurrently, on November 3, CRISIL filed a general notice regarding changes in Directors, Key Managerial Personnel (KMP), or Statutory Auditors; however, the specific details of these personnel changes were not disclosed in the available filing summary.

From a market perspective, CRISIL shares closed at ₹4,400.00 on November 6, with a market capitalization of approximately ₹32,385.6 crore. The stock has experienced significant volatility over the past year, recording a one-year return of -8.3% and a current drawdown of -31.3%, though it remains up +1.7% year-to-date. Technical indicators show mixed signals: while the daily trend exhibits bearish momentum with negative slopes for both EMA-20 and SMA-20, the Supertrend indicator remains bullish across daily, weekly, and monthly timeframes. Immediate resistance is noted at ₹4,453.17, while support lies near ₹4,395.33. Investors should monitor the implementation of the new CTIO role and await further clarification on the broader KMP/Director changes referenced in the November 3 filing.

- Management Change: Mr. Sunilsingh Rajput appointed as CTIO and Senior Management member effective November 3, 2026.
- Corporate Filing: General notice filed on November 3 regarding changes in Directors/KMP/Auditors; specific identities or roles affected remain undisclosed in the provided data.
- Price Action: Stock closed at ₹4,400.00 on November 6, down -0.6% for the day, with a market cap of ~₹32,385.6 crore.
- Technical Context: Daily technicals show bearish slope trends (-59.02 for EMA-20), yet Supertrend remains bullish across all timeframes; immediate resistance at ₹4,453.17.

- Crisil Limited has informed the Exchange regarding Appointment of Mr Sunilsingh Rajput as CTIO of the company w.e.f. November 03, 2026. |SUBJECT: Appointment
- CRISIL LIMITED has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA
- SERIES:EQ |PURPOSE:INTERIM DIVIDEND - RS 17 PER SHARE |FACE VALUE:1 |RECORD DATE:29-Oct-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-
- SERIES:EQ |PURPOSE:INTERIM DIVIDEND - RS 17 PER SHARE |FACE VALUE:1 |RECORD DATE:29-Oct-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-

### Fundamentals

CRISIL’s latest quarterly results for Q1 FY2026-27 show a sequential deceleration in profitability despite continued revenue growth. Revenue from operations rose to ₹1,075.39 crore, up from ₹1,057.66 crore in Q4 FY2025-26, reflecting a robust 20% year-on-year sales increase as of Sep 2026. However, Profit Before Tax (PBT) contracted sequentially from ₹308.38 crore to ₹279.84 crore. This margin compression is driven by a sharp rise in Other Expenses to ₹190.58 crore (from ₹182.95 crore), which outpaced the modest decline in Finance Costs to ₹6.70 crore.

Long-term fundamentals remain strong, with Compounded Sales Growth at 10% over three years and Return on Equity holding at 24% for the last year. Cash generation quality has moderated, with CFO/EBITDA dropping to 96% in Dec 2025 from 118% in Dec 2024, though absolute Cash from Operating Activity remains healthy at ₹756 crore. The balance sheet shows increasing borrowings (₹335 crore in Jun 2026) alongside significant fixed asset accumulation (₹1,515 crore), while CWIP has fully depreciated to zero, suggesting recent capital expenditures are now operational. Promoter holding remains stable at 66.64%.

The key dynamic to monitor is whether the expense surge in Q1 FY2026-27 is a one-off or a structural shift in cost management, especially given the rising interest costs observed in annual data (₹26 crore TTM).

- Revenue grew to ₹1,075.39 crore in Q1 FY2026-27, but PBT fell sequentially to ₹279.84 crore due to Other Expenses rising to ₹190.58 crore.
- Annual sales growth remains strong at 20% YoY (Sep 2026), with 3-year CAGR at 10% and ROE at 24%.
- Cash conversion efficiency declined, with CFO/EBITDA ratio dropping to 96% in Dec 2025; absolute CFO stands at ₹756 crore.
- Borrowings increased to ₹335 crore (Jun 2026) and Fixed Assets rose to ₹1,515 crore, while CWIP reached zero.

### Bear Case

CRISIL’s equity performance as of 6 November 2026 reflects significant downside pressure, with the stock trading at ₹4,400.00 after a -31.3% drawdown from its peak and a -8.3% return over the trailing year. Technical indicators highlight weakening momentum: the daily ADX stands at 15.33, suggesting a lack of strong trend conviction, while the 20-day EMA slope is sharply negative at -59.02. Although the Supertrend remains bullish on daily, weekly, and monthly timeframes, the proximity of support levels—starting just 0.11% below at ₹4,395.33—indicates limited buffer against further volatility. The stock faces immediate resistance at ₹4,453.17 (1.21% above), requiring decisive volume to reverse recent losses. With annualized volatility at +29.7% and a maximum historical drawdown of -42.2%, the current setup demands close monitoring of whether the price can hold above key short-term supports.

- -31.3% current drawdown and -8.3% one-year return signal sustained underperformance relative to recent peaks.
- Daily ADX of 15.33 and negative 20-day EMA slope (-59.02) indicate weak trend strength despite bullish Supertrend signals.
- Support is tightly clustered near ₹4,395.33 (0.11% below), offering minimal cushion for downside moves.
- Annualized volatility of +29.7% and high ATR (3.37%) reflect elevated price instability requiring cautious positioning.

- [Crisil Limited has informed the Exchange regarding Appointment of Mr Sunilsingh Rajput as CTIO of the company w.e.f. November 03, 2026. |SUBJECT: Appointment](https://nsearchives.nseindia.com/corporate/Fred_03112026103207_SignedSE_Disclosure_-_Appointment_of_CTIO.pdf)
- [CRISIL LIMITED has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA](https://nsearchives.nseindia.com/corporate/xbrl/CIM_134_WebXMLFile_20261103_153400139.xml)
- [SERIES:EQ |PURPOSE:INTERIM DIVIDEND - RS 17 PER SHARE |FACE VALUE:1 |RECORD DATE:29-Oct-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- [SERIES:EQ |PURPOSE:INTERIM DIVIDEND - RS 17 PER SHARE |FACE VALUE:1 |RECORD DATE:29-Oct-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- [SERIES:EQ |PURPOSE:INTERIM DIVIDEND - RS 17 PER SHARE |FACE VALUE:1 |RECORD DATE:29-Oct-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- [Crisil Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/Fred_26102026132657_SignedLetter_to_SE.pdf)
- [Crisil Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/Fred_24102026130628_SignedBSENSE.pdf)

### FAQs

**What recent corporate actions and leadership changes have been announced for CRISIL?**

CRISIL declared an interim dividend of ₹17 per share with a record date of October 29, 2026. Additionally, the company appointed Mr. Sunilsingh Rajput as Chief Technology and Information Officer (CTIO) effective November 3, 2026.

**How has CRISIL's stock price performed over various timeframes as of November 6, 2026?**

As of November 6, 2026, CRISIL closed at ₹4,400.00. Period returns show a Year-to-Date gain of +1.7% and a 6-month return of +5.9%. However, longer-term performance is negative, with a 1-year return of -8.3% and a since-start return of -31.3%.

**What are the key technical support and resistance levels for CRISIL?**

Immediate support is observed at ₹4,395.33 and ₹4,382.93. Resistance levels are located at ₹4,453.17 (pivot), ₹4,486.33 (high), and ₹4,534.72 (high). The stock is currently trading near its immediate support zone.

**What does the current volatility and trend data indicate about CRISIL's risk profile?**

The stock exhibits high annualized volatility of +29.7% and has experienced a maximum drawdown of -42.2%, with a current drawdown of -31.3%. While daily momentum indicators like the ADX (15.33) suggest weak trend strength, the Supertrend remains bullish on daily, weekly, and monthly timeframes.

- [Crisil Limited has informed the Exchange regarding Appointment of Mr Sunilsingh Rajput as CTIO of the company w.e.f. November 03, 2026. |SUBJECT: Appointment](https://nsearchives.nseindia.com/corporate/Fred_03112026103207_SignedSE_Disclosure_-_Appointment_of_CTIO.pdf)
- [CRISIL LIMITED has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA](https://nsearchives.nseindia.com/corporate/xbrl/CIM_134_WebXMLFile_20261103_153400139.xml)
- [SERIES:EQ |PURPOSE:INTERIM DIVIDEND - RS 17 PER SHARE |FACE VALUE:1 |RECORD DATE:29-Oct-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- [SERIES:EQ |PURPOSE:INTERIM DIVIDEND - RS 17 PER SHARE |FACE VALUE:1 |RECORD DATE:29-Oct-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- [SERIES:EQ |PURPOSE:INTERIM DIVIDEND - RS 17 PER SHARE |FACE VALUE:1 |RECORD DATE:29-Oct-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- [Crisil Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/Fred_26102026132657_SignedLetter_to_SE.pdf)
- [Crisil Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/Fred_24102026130628_SignedBSENSE.pdf)
## Technical analytics

- As of: 2026-11-06
- Daily trend: Weak Downtrend
- Weekly trend: Weak Downtrend
- Pivot point: ₹4,453.17
- Risk regime: Higher Price Risk

### Support levels
- 4382.926953125
- 4140.2
- 3981.8999999999996

### Resistance levels
- 4534.71884765625
- 4769.75
- 5273

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | -0.64% |
| return_10 | -7.39% |
| return_1m | -2.73% |
| return_1y | -8.33% |
| return_20 | -0.09% |
| return_3m | -3.31% |
| return_5 | -2.58% |
| return_6m | +5.89% |
| return_since_start | -31.34% |
| return_ytd | +1.65% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | high_risk |
| label | Higher price risk |
| summary | Recent drawdown or price variability is materially high and may lead to larger short-term outcomes. |
| maximum_drawdown | -42.17% |
| annualized_volatility | +29.74% |

## Quarterly financials

- Latest complete quarter: fy27_q1

# Revenue up 27.6% from last year, but rising expenses weigh on quarterly profit

CRISIL reported revenue of ₹1,075.39 crore for the quarter ended June 2026, a 27.6% increase from the same period last year. Compared to the prior quarter, however, revenue grew only 1.7%. Profit after tax fell to ₹216.46 crore, down 7.2% from the March 2026 quarter, though it was 26.2% higher than a year ago. The sequential decline in profit reflects that costs, particularly other expenses, rose faster than revenue.

## Revenue: 27.6% year-on-year growth, modest sequential increase

Revenue from operations rose to ₹1,075.39 crore from ₹843.02 crore in the year-ago quarter, a gain of 27.6%. On a sequential basis, the increase was 1.7% from ₹1,057.66 crore in the March 2026 quarter. Revenue has remained in a narrow range of ₹1,057–1,082 crore over the past three quarters, following a sharp increase in the December 2025 quarter (from ₹911.24 crore in September 2025).

## Other expenses: Growing faster than revenue

Other expenses reached ₹190.58 crore, up 34.7% year-on-year from ₹141.48 crore and 4.2% sequentially from ₹182.95 crore. This growth rate outpaced the revenue increase in both comparisons, indicating that operating costs are rising more quickly than the top line.

## Employee costs: A major expense component

Employee benefit expense for the quarter was ₹576.94 crore, representing 53.7% of revenue. This remains the largest single cost item for the company.

## Profitability: Margins narrow sequentially

Profit before tax was ₹279.84 crore, down 9.3% from ₹308.38 crore in the prior quarter. The effective tax rate declined to 22.6% from 24.4%, which partially offset the pre-tax profit decline at the net level. Net profit margin decreased to 20.1% from 22.1% in the previous quarter, reflecting the impact of cost pressures.

## Other comprehensive income: A volatile non-operating item

Other comprehensive income swung from a negative ₹6.02 crore in the prior quarter to a positive ₹64.81 crore. This line item is not related to core operations and can be volatile. It boosted total comprehensive income to ₹281.27 crore.

## Earnings per share: Follows net profit

Basic earnings per share was ₹29.60, down from ₹31.90 in the previous quarter but up from ₹23.46 a year ago, consistent with the change in net profit.

## Key Takeaway

CRISIL’s revenue grew 27.6% year-on-year, but sequential growth was modest at 1.7%. Other expenses rose faster than revenue both year-on-year and sequentially, contributing to a 9.3% decline in pre-tax profit from the previous quarter. Net profit margin narrowed to 20.1% from 22.1%. The company’s profitability remains under pressure from rising costs in the near term.

### Ratios

## Shareholding pattern

- Quarter: FY2027-Q1
- As of: 2026-06-30
- Promoter holding: +66.64%
- FII holding: +6.38%
- DII holding: +12.95%
- Mutual fund holding: +7.20%
- Retail holding: +7.51%
- Promoter pledged: +0.00%

### Major reported shareholders

- S AND P INDIA L L C — +42.68% (Bodies Corporate)
- S&P GLOBAL ASIAN HOLDINGS PTE. LTD. — +15.76% (Bodies Corporate)
- S AND P INTERNATIONAL L L C — +8.20% (Bodies Corporate)
- REKHA JHUNJHUNWALA — +5.19%
- GENERAL INSURANCE CORPORATION OF INDIA — +3.13%
- SBI MIDCAP FUND — +2.41%
- LICI ASM NON PAR — +1.36%
- KOTAK LARGE & MIDCAP FUND — +1.08%

## Official filings

- 2026-11-06 — Credit Rating Update: Pnb Metlife India Insurance Company Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/pnbmetlife2018_06112026170127_NSE_intimation_-_CRISIL_-_6Nov2026_signed.pdf)
- 2026-11-03 — Management Change: Crisil Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/Fred_03112026103207_SignedSE_Disclosure_-_Appointment_of_CTIO.pdf)
- 2026-11-03 — Generic Announcement: Crisil Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_134_WebXMLFile_20261103_153400139.xml)
- 2026-10-29 — Corporate Action Notice: Crisil Limited - Ex-Date: 29-Oct-2026 — [Official attachment](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- 2026-10-29 — Corporate Action Notice: Crisil Limited - Ex-Date: 29-Oct-2026 — [Official attachment](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- 2026-10-28 — Corporate Action Notice: Crisil Limited - Ex-Date: 29-Oct-2026 — [Official attachment](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- 2026-10-28 — Corporate Action Notice: Crisil Limited - Ex-Date: 29-Oct-2026 — [Official attachment](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- 2026-10-28 — Corporate Action Notice: Crisil Limited - Ex-Date: 29-Oct-2026 — [Official attachment](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- 2026-10-27 — Corporate Action Notice: Crisil Limited - Ex-Date: 29-Oct-2026 — [Official attachment](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- 2026-10-26 — Generic Announcement: Crisil Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/Fred_26102026132657_SignedLetter_to_SE.pdf)
- 2026-10-24 — Generic Announcement: Crisil Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/Fred_24102026130628_SignedBSENSE.pdf)
- 2026-10-23 — Generic Announcement: Crisil Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/Fred_23102026170320_signedBSENSE.pdf)
- 2026-10-23 — Generic Announcement: Crisil Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/Fred_23102026171458_signedBSENSE.pdf)
- 2026-10-23 — Press Release: Crisil Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/Fred_23102026172648_SignedBSENSE.pdf)
- 2026-10-23 — Generic Announcement: Crisil Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/Fred_23102026172141_SignedNSEBSE.pdf)
- 2026-10-23 — Financial Results Filing: Crisil Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1744777_23102026053532_WEB.xml)
- 2026-10-23 — Financial Results Filing: Crisil Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1744779_23102026053624_WEB.xml)
- 2026-10-23 — Generic Announcement: Crisil Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/OUTCOME_134_WebXMLFile_20261023_180603919.xml)
- 2026-10-23 — Earnings Presentation: Crisil Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/Fred_23102026202210_SignedBSENSE.pdf)
- 2026-10-07 — Generic Announcement: Crisil Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CRISIL_07102026154345_SignedNSEBSE.pdf)
- 2026-10-01 — Generic Announcement: Crisil Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CLOSURE_TRADING_WINDOW_134_WebXMLFile_20261001_121318676.xml)
- 2026-10-01 — Generic Announcement: Crisil Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_134_WebXMLFile_20261001_121140646.xml)
- 2026-10-01 — Board Meeting Notice: Crisil Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_134_WebXMLFile_20261001_121140646.xml)
- 2026-10-01 — Generic Announcement: Crisil Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CRISIL_01102026121858_SignedBSENSE.pdf)
- 2026-10-01 — Board Meeting Notice: Crisil Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CRISIL_01102026121624_SignedBSENSE.pdf)

## News and market events

- 2026-10-26 — News18: **From Infosys To RailTel: 6 Stocks Announce Dividends; Check Amounts, Record Dates** — Infosys, CRISIL, Supreme Petrochem, Hypersoft Technologies, RailTel Corporation of India and Kajaria Ceramics have announced interim dividends and their latest quarterly results — [Source](https://www.news18.com/business/markets/from-infosys-to-railtel-6-stocks-announce-dividends-check-amounts-record-dates-shil-ws-l-10397809.html)
- 2026-10-25 — CNBC-TV18: **Record Date Alert: Nine Stocks that will trade ex-dividend during this week** — As many as nine stocks will see their record date for dividend announcement they made earlier, along with their September quarter results. The eight stocks include names such as Hexaware Technologies, L&T Technology Services, Cyient, Nippon Life India AMC, CRISIL, Shriram Finance, Chennai Petro, RailTel & Steel Strips Wheels. — [Source](https://www.cnbctv18.com/photos/market/hexaware-ltts-cyient-railtel-nippon-life-amc-steel-strips-wheels-ex-dividend-record-date-share-price-20018858.htm)
- 2026-10-24 — Mint: **Crisil shareholders alerts!  ₹17 per share dividend, record date announced in Q2 results; stock gained 7% in 2 weeks** — Crisil approved a third interim dividend of ₹17 per share, equal to 1,700% of face value. Shareholders on record as of October 29 are eligible, with payment due by November 17, 2026. Quarterly revenue rose 20.2% year-on-year to ₹1,095.16 crore. — [Source](https://www.livemint.com/market/stock-market-news/crisil-shareholders-alerts-rs-17-per-share-dividend-record-date-announced-in-q2-results-stock-gained-7-in-2-weeks-11792841666173.html)
- 2026-10-24 — Mint: **Dividend, split, rights issue, buyback next week: Hexaware Tech, Cyient, RailTel to Sagility - Check record dates** — At least 25 companies have set record dates between October 26 and 30 for corporate actions, including dividends, rights issues and resolution plan suspensions. Hexaware Technologies, Shriram Finance, RailTel and others are among the companies in focus. — [Source](https://www.livemint.com/market/stock-market-news/dividend-split-rights-issue-buyback-next-week-hexaware-tech-cyient-railtel-to-sagility-check-record-dates-11792826529111.html)
- 2026-10-23 — FREEPRESSJOURNAL.IN: **Crisil Q3 Consolidated PAT Climbs To ₹204.5 Crore, Nine-Month Operating Income Up 25.7%; ₹17 Interim Dividend Announced** — Crisil Limited reported a 5.9% increase in consolidated profit after tax for the third quarter ended 30 September 2026, reaching ₹204.5 crore. The company also declared an interim dividend of ₹17 per share. — [Source](https://www.freepressjournal.in/business/crisil-q3-consolidated-pat-climbs-to-2045-crore-nine-month-operating-income-up-257-17-interim-dividend-announced)
- 2026-09-30 — Economic Times: **Beyond the 7% headline: S&P maps the forces driving India’s next growth phase** — Indias economy is set to grow 7% in FY27, according to S&P Global, which sees domestic demand, private investment, manufacturing, trade, energy security, renewable power, digital infrastructure and technology shaping Indias next phase of economic growth. — [Source](https://economictimes.indiatimes.com/news/economy/indicators/beyond-the-7-headline-sp-maps-the-forces-driving-indias-next-growth-phase/articleshow/134593012.cms)
- 2026-09-30 — Economic Times: **Inox Clean Energy files DRHP for Rs 10,000 crore IPO, largest in Indian private sector renewable energy space** — Inox Clean Energy has filed for a Rs 10,000-crore IPO, comprising a fresh issue of up to Rs 8,000 crore and an OFS of up to Rs 2,000 crore, as it expands its renewable power and solar manufacturing business. — [Source](https://economictimes.indiatimes.com/markets/ipos/fpos/inox-clean-energy-files-drhp-for-rs-10000-crore-ipo-largest-in-indian-private-sector-renewable-energy-space/articleshow/134583774.cms)
- 2026-09-29 — The Hindu: **Tripping up** — Power shortfall calls for holistic reforms — [Source](https://www.thehindubusinessline.com/opinion/editorial/tripping-up/article71524608.ece)
- 2026-09-29 — MONEYCONTROL: **India targets 400 airports by 2047 as aviation demand outpaces capacity, aviation minister Naidu says** — india, 400 airports, 2047 — [Source](https://www.moneycontrol.com/news/india/india-targets-400-airports-by-2047-as-aviation-demand-outpaces-capacity-aviation-minister-naidu-says-14041264.html)
- 2026-09-28 — Mint: **Top 5 Breakout stocks to buy: KPI Green, Crisil, Manyavar, Prudent, Go Digit by Sumeet Bagadia | Target, stop-loss | Stock Market News** — Sumeet Bagadia of Choice Broking recommends five stocks: KPI Green Energy, CRISIL, Vedant Fashions, Prudent Corporate Advisory Services, and Go Digit General Insurance based on technical setups and price momentum, with specific stop-loss and target levels outlined for each stock. — [Source](https://www.livemint.com/market/stock-market-news/top-5-breakout-stocks-to-buy-kpi-green-crisil-manyavar-prudent-go-digit-by-sumeet-bagadia-target-stoploss-11790605918011.html)
- 2026-09-28 — Economic Times: **Clean Max Enviro Energy raises Rs 2,500 cr via green bonds** — In a significant financial move, Clean Max Enviro Energy successfully raised Rs 2,500 crore by issuing green debt securities. The offering consisted of non-convertible debentures organized into five series, each featuring different maturities and coupon rates. Structured under a green bond framework, the funds will be directed towards renewable energy projects. The backing from prominent institutional investors indicates strong confidence in Clean Max's sustainable growth approach. — [Source](https://economictimes.indiatimes.com/markets/bonds/clean-max-enviro-energy-raises-rs-2500-cr-via-green-bonds/articleshow/134542920.cms)
- 2026-09-28 — BUSINESS: **Moneyboxx Finance raises Rs 60 cr via NCD issuance** — The NCDs carry a coupon of 10.75% per annum, a tenor of 2 years, and are secured/rated BBB/Stable by CRISIL/India Ratings. The fresh debt capital will support Moneyboxx's growing disbursement pipeline across its four growth engines secured MSME lending, livestock finance, rooftop solar finance and digital lending. Alongside its established branch-led business, Moneyboxx is scaling multiple partnership-led origination channels, including Bachatt for digital lending, Akshayakalpa for dairy and livestock finance, and Loom Solar for rooftop solar finance. These partnerships provide access to new c — [Source](https://www.business-standard.com/markets/capital-market-news/moneyboxx-finance-raises-rs-60-cr-via-ncd-issuance-126092800498_1.html)
- 2026-09-25 — MONEYCONTROL: **India weighs mandatory blending of imported coal at power plants: Report** — coal, coal supply, coal prices today, india coal supply, coal stocks — [Source](https://www.moneycontrol.com/news/business/commodities/india-weighs-mandatory-blending-of-imported-coal-at-power-plants-report-14038288.html)
- 2026-09-25 — Economic Times: **India weighs mandatory blending of imported coal at power plants, sources say** — India is considering asking thermal power plants to blend up to 5% imported coal with domestic coal to ease a supply crunch that has pushed spot power prices to their highest monthly level since 2022. The proposal, still at an early stage, would reverse the governments push over the past two years to cut coal imports. — [Source](https://economictimes.indiatimes.com/industry/energy/power/india-weighs-mandatory-blending-of-imported-coal-at-power-plants-sources-say/articleshow/134479340.cms)
- 2026-09-25 — The Hindu: **Vedanta lines up FY's first rupee debt sale, bankers say** — Vedanta plans its first rupee bond sale of ₹3,500 crore for three years, with ~8.75% coupon and AA+ ratings. — [Source](https://www.thehindubusinessline.com/markets/vedanta-lines-up-fys-first-rupee-debt-sale-bankers-say/article71507006.ece)
- 2026-09-24 — The Hindu: **Broker’s call: Sammaan Capital (Buy)** — Sammaan Capital receives a BUY rating from Ventura Securities with a target price of ₹377.70, highlighting growth potential and improved asset quality. — [Source](https://www.thehindubusinessline.com/markets/brokers-call-sammaan-capital-buy/article71503707.ece)
- 2026-09-24 — Economic Times: **Stocks in news: Bharat Dynamics, NTPC, Canara Bank and Waaree Energies** — Indian equity benchmarks experienced gains on Wednesday, driven by widespread buying in the market. Investors reacted positively to signs of potential de-escalation in West Asia and changing crude oil prices. The Nifty 50 and Sensex indices both increased after assessing recent corporate developments and strategic forecasts. Key stocks including Bharat Dynamics and NTPC are anticipated to remain in focus following significant announcements. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/stocks-in-news-bharat-dynamics-ntpc-canara-bank-and-waaree-energies/articleshow/134443179.cms)
- 2026-09-22 — BUSINESSTODAY: **IREDA, Ola Electric, Adani Energy Solutions, Crisil, Supreme Petrochem: Expert shares outlook** — IREDA, Ola Electric, Adani Energy Solutions, Crisil, Supreme Petrochem, stock market, Nifty50, stock outlook, technical analysis, share price, stock picks, IREDA share price, Ola Electric share price, Adani Energy Solutions share price, Crisil share price, Supreme Petrochem share price, buy and sell levels, target price, stop loss — [Source](https://www.businesstoday.in/markets/trending-stocks/story/ireda-ola-electric-adani-energy-solutions-crisil-supreme-petrochem-expert-shares-outlook-557049-2026-09-22)
- 2026-09-21 — DECCANCHRONICLE.COM: **Coal Crisis: Nearly 40% of Indian Power Plants Face Severe Fuel Shortages** — The decline in power plant stocks appears to be a ‌temporary ⁠logistical issue rather than a sign of any structural supply constraints, Crisil analysts said. — [Source](https://www.deccanchronicle.com/business/coal-crisis-nearly-40-of-indian-power-plants-face-severe-fuel-shortages-1989404)
- 2026-09-21 — The Hindu: **Nearly 40% of India’s coal power plants running critically low on fuel, data show** — Nearly 40% of India's coal power plants face critical fuel shortages amid rising electricity demand and El Niño-related heat. — [Source](https://www.thehindu.com/news/national/nearly-40-of-indias-coal-power-plants-running-critically-low-on-fuel-data-show/article71492494.ece)
- 2026-09-21 — FREEPRESSJOURNAL.IN: **Nearly 40% Of India’s Coal Power Plants Face Low Fuel Stocks Amid Rising Electricity Demand** — Nearly 40% of India’s coal-fired power plants are facing critically low fuel stocks as electricity demand rises due to hotter weather linked to El Niño. Government data shows 74 plants have limited coal reserves. Officials say the issue is temporary, driven by supply logistics, while coal and rail ministries boost shipments — [Source](https://www.freepressjournal.in/business/nearly-40-of-indias-coal-power-plants-face-low-fuel-stocks-amid-rising-electricity-demand)
- 2026-09-21 — Economic Times: **Nearly 40% of India's coal power plants running critically low on fuel, data show** — Nearly 40% of Indias coal-fired power plants are operating with critically low coal stocks as high power demand and weather disruptions affect supplies. — [Source](https://economictimes.indiatimes.com/industry/energy/power/nearly-40-of-indias-coal-power-plants-running-critically-low-on-fuel-data-show/articleshow/134384001.cms)
- 2026-09-19 — Mint: **Jewellers face higher hallmarking costs as festive, wedding demand picks up | Today News** — The increase in the hallmarking fee to ₹75 affects the perceived value of lightweight jewellery, prompting calls for a review. — [Source](https://www.livemint.com/news/india/jewellers-face-higher-hallmarking-costs-as-festive-wedding-demand-picks-up-11789727924731.html)
- 2026-09-17 — CNBC-TV18: **India’s petroleum exports surge 46% in April-August, new markets offset traditional demand weakness** — Singapore, Tanzania and South Africa emerge as key destinations as shipments to UAE and US decline — [Source](https://www.cnbctv18.com/energy/indias-petroleum-exports-surge-46-in-april-august-new-markets-offset-traditional-demand-weakness-19992967.htm)
- 2026-09-15 — Economic Times: **DTH operators provide over Rs 11,000 crore against MIB licence-fee demands** — DTH operators have provisioned over eleven thousand crore rupees against disputed licence fee liabilities. This industry awaits a government decision on reducing the current eight percent licence fee. Operators face significant subscriber losses and declining revenues due to market shifts. They are now expanding into IPTV, broadband, and OTT aggregation services. The licence fee dispute remains sub judice before various legal tribunals and courts. — [Source](https://economictimes.indiatimes.com/industry/media/entertainment/media/dth-operators-provision-over-rs-11000-crore-amid-mib-licence-fee-disputes-and-subscriber-losses/articleshow/134256974.cms)

## Business profile

**Strategic vision:** Provides ratings, research, and advisory services globally.

### Business segments
- **CRISIL Ratings:** Operates as India's premier credit rating agency, providing independent credit ratings to empower informed decisions for a diverse client base.
- **CRISIL Intelligence:** Offers insights, consulting services, technology-driven risk solutions, market intelligence, and data analytics to public and private enterprises, governmental bodies, and multilateral institutions.
- **CRISIL Coalition Greenwich:** A global leader specializing in strategic benchmarking and analytics, delivering high-value insights and intelligence to investment banks worldwide.
- **CRISIL Integral IQ:** Focuses on delivering solutions and actionable intelligence to leading financial institutions to drive strategic transformation, optimize risk, and achieve operational excellence.
- **CRISIL ESG Ratings & Analytics Limited:** Dedicated to establishing industry standards for responsible environmental, social, and governmental factors, providing unbiased indicators for assessing companies' community safeguarding.

### Competitive strengths
- Established as India's first credit rating agency.
- Global operational footprint across multiple continents.
- Majority ownership by S&P Global.

## Related stocks

- [360 ONE WAM LIMITED (Financial Services)](https://faxioms.com/stocks/360one) — +0.36%
- [Aadhar Housing Finance Limited (Financial Services)](https://faxioms.com/stocks/aadharhfc) — -1.72%
- [Aditya Birla Sun Life AMC Limited (Financial Services)](https://faxioms.com/stocks/abslamc) — -1.67%
- [Authum Investment & Infrastructure Limited (Financial Services)](https://faxioms.com/stocks/aiil) — -0.28%
- [Anand Rathi Wealth Limited (Financial Services)](https://faxioms.com/stocks/anandrathi) — +0.15%

## Freshness and sources

- Data as of: 2026-11-06
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/crisil
Markdown representation: https://faxioms.com/stocks/crisil?render=md
