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| Formerly | Credit Rating Information Services of India Limited |
|---|---|
| Company type | Publicsubsidiary |
| BSE: 500092 NSE: CRISIL | |
| Founded | 1987; 38 years ago (1987)[1] |
| Headquarters | Mumbai,Maharashtra, India |
Key people | Amish Mehta (MD &CEO)[2] Sanjay Chakravarti (CFO) |
| Services | Ratings, data, research, analytics and solutions |
| Revenue |  ₹2,076.3 crore (US$240 million)(December 2020)[3] |
| ₹354.7 crore (US$41 million)(December 2020)[3] | |
| Parent | S&P Global (66%) |
| Website | www |
CRISIL Limited, formerlyCredit Rating Information Services of India Limited, is an Indian analytical company providing ratings, research, and risk and policy advisory services and is a subsidiary of American companyS&P Global.[4]
CRISIL, was the first credit rating agency in India, introduced in 1988 by theICICI andUTI jointly with share capital coming fromSBI,LIC andUnited India Insurance Company. In April 2005, US based credit rating agency S&P acquired the majority shares of company.[5][6]
As of December 2020[update], the company has revenue of₹20,763 million (equivalent to₹24 billion or US$280 million in 2023), net income of₹3,547 million (equivalent to₹4.2 billion or US$48 million in 2023). It is also India's largest ratings company, and as of March 2022[update], it had a market cap of₹23,429 crore (US$2.7 billion).[7]
In April 2024, Crisil ReceivedSEBI Approval for ESG Scoring in India.[8]
The formerUnionMinister for Finance andCorporate AffairsArun Jaitley launchedCriSidEx, India's first sentiment index for micro and small enterprises (MSEs) developed jointly by CRISIL andSIDBI.[9]
CriSidEx is a composite index based on a diffusion index of 8 parameters and measures MSE business sentiment on a scale of 0 (extremely negative) to 200 (extremely positive).[10] CriSidEx will have two indices, one for the 'survey quarter' and another for 'next quarter' once a trend emerges after few rounds of the survey, providing independent time series data.[9] The parametric feedback was captured through a survey of 1100 MSEs in November –December.
In February 2020, Crisil completed the acquisition of Greenwich Associates LLC, a provider of proprietary benchmarking data, analytics, and qualitative insights to financial services firms.[11]