Please refer to important disclosures at the end of this report
CRISIL Limited (Crisil) is an India-based analytical company. The Company is a
provider of ratings, data and research, analytics and solutions. It operates
through three segments namely Ratings, Research and Advisory. Crisil is market
leader in the SME space and is building growth momentum by expanding its
reach and distribution. The recent measures announced by the RBI to deepen the
corporate bond market are expected to give a boost to the rating division. Crisil’s
Global Research & Analytics (GRA) division witnessed moderate seasonalit
owing to changes in the timelines for regulatory submissions as well as
postponement of certain regulatory milestones and will continue to do so in the
near term, although it continued to grow by launching new product offerings and
adding new marquee clients having long-term growth potential. The company is
virtually debt free and has a excellent return on equity (ROE) of 35.54% for the
last 3 years. The company has been maintaining a healthy dividend payout o
25.04% (Div. Yield: 1.01%). Hence Buy.
CMP `2,197
Stock Info
Beta 0.3
Bloomberg Code
Shareholding Pattern (%)
Promoters 67.1
MF / Banks / Indian Fls 10.1
FII / NRIs / OCBs 8.2
Indian Public / Others 14.6
Abs. (%) 3m 1yr 3yr
Sensex (5.4) 1.0 26.9
CRISIL 3.0 11.2 111.8
Reuters Code CRSL.BO
BSE Sensex 26,394
Nifty 8,142
Face Value (`)
Credit Rating
Market Cap (` cr) 16,069
52 Week High / Low 2490/1750
Avg. Daily Volume 1,778
Vaibhav Agrawal
022 – 3935 7800 Ext: 6808
Others | Credit Rating
November 30, 2016
CRISIL | Credit Rating
November 30, 2016
Research Team Tel: 022 - 39357800 E-mail: [email protected] Website:
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Disclosure of Interest Statement CRISIL
1. Financial interest of research analyst or Angel or his Associate or his relative No
2. Ownership of 1% or more of the stock by research analyst or Angel or associates or relatives No
3. Served as an officer, director or employee of the company covered under Research No
4. Broking relationship with company covered under Research No
Ratings (Based on expected returns Buy (> 15%) Accumulate (5% to 15%) Neutral (-5 to 5%)
over 12 months investment
: Reduce
-5% to -15%
< -15