Crisil Limited · NSE:CRISIL
Crisil — Q1 FY2026 Earnings Presentation
29 slides from Crisil's earnings presentation, Apr 17, 2026
Slide 1: Cover letter to stock exchanges: Corporate Presentation Q1 2026
April 17, 2026 Listing Department Listing Department National Stock Exchange of India Ltd. BSE Limited Exchange Plaza, 5th floor P J Towers Plot No. C/1, G Block Dalal Street Bandra-Kurla Complex Mumbai 400 001 Bandra (East) Mumbai 400 051 Dear Sirs, Sub.: Corporate Presentation Q1 2026 We are enclo
Slide 2: Analyst Presentation
April 17, 2026 Analyst Presentation 1 © © 2026 Crisil Ltd. 2026 Crisil All rights Ltd. All reserved. rights reserved.
Slide 3: Disclaimer / Safe harbour
Disclaimer / Safe harbour This presentation has been prepared solely as a concise update of Crisil Limited’s (“Crisil” or “Company”) quarterly and/or annual results. By reading the presentation slides, you agree to be bound by the following limitations: (a) Crisil cannot give assurance to the correc
Slide 4: Agenda
Agenda 1. 2. 3. 4. 5. Crisil Overview Business Performance Financials Segment environment Update Performance © 2026 Crisil Ltd. All rights reserved. 6. 7. 8. 9. Domain-Led Thought Corporate Social Risks GenAI Leadership Responsibility 3
Slide 5: Crisil overview
Crisil overview We are a global, insights-driven analytics organisation whose extraordinary rigour and domain expertise give clients the confidence to make mission-critical decisions © 2026 Crisil Ltd. All rights reserved. Offers independent Offers insights, consulting, Offers strategic Offers solut
Slide 6: Global presence, Client base and Recognitions
Global presence, Client base and Recognitions Serving 11,400 clients across 40 countries ✓ Rated 7,200+ companies, ✓ 50+ banks in India including: ✓ Most of the top 20 AMCs ➢ Top 10 Indian banks ✓ 300+ corporates ➢ Top 10 NBFCs ✓ 50+ government entities © 2026 Crisil Ltd. All rights reserved. ➢ Top
Slide 7: Agenda
Agenda 1. 2. 3. 4. 5. Crisil Overview Business Performance Financials Segment environment Update Performance © 2026 Crisil Ltd. All rights reserved. 6. 7. 8. 9. Domain-Led Thought Corporate Social Risks GenAI Leadership Responsibility 6
Slide 8: Key trends in macro and business environment
Key trends in macro and business environment India India’s GDP growth expect to grow at 7.1% in fiscal 2027 in the Growth in the current fiscal will be supported by private base case, compared with 7.6% in the last fiscal. If the conflict and consumption, gradually improving private investment and f
Slide 9: Agenda
Agenda 1. 2. 3. 4. 5. Crisil Overview Business Performance Financials Segment environment Update Performance © 2026 Crisil Ltd. All rights reserved. 6. 7. 8. 9. Domain-Led Thought Corporate Social Risks GenAI Leadership Responsibility 8
Slide 10: Resilient performance amidst macro-economic uncertainty
Resilient performance amidst macro-economic uncertainty • Crisil Ratings maintained its leadership position backed by investor preference for best-in-class ratings 11.9% • Crisil Global Analytics Center (GAC) saw growth in delegation of surveillance support to S&P Global Ratings and expanded analyti
Slide 11: Agenda
Agenda 1. 2. 3. 4. 5. Crisil Overview Business Performance Financials Segment environment Update Performance © 2026 Crisil Ltd. All rights reserved. 6. 7. 8. 9. Domain-Led Thought Corporate Social Risks GenAI Leadership Responsibility 10
Slide 12: Financial performance for full year 2025 and Q1 FY26
Financial performance for full year 2025 and Q1 FY26 Income from operations Profit before tax (PBT) Profit after tax (PAT) ₹ crore ₹ crore ₹ crore +11.9% +12.4% +12.0% 3,649 1,041 766 3,260 926 684 © 2026 Crisil Ltd. All rights reserved. FY24 FY25 FY24 FY25 FY24 FY25 +30.1% +35.7% +45.9% 1,058 308 2
Slide 13: Agenda
Agenda 5. 1. 2. 3. 4. Segment Crisil Overview Business Performance Financials Performance - environment Update © 2026 Crisil Ltd. All rights reserved. Ratings Services 6. 7. 8. 9. Domain-Led Thought Corporate Social Risks GenAI Leadership Responsibility 12
Slide 14: Corporate bond issuances fell in Q1; bank credit growth edges up slightly
Corporate bond issuances fell in Q1; bank credit growth edges up slightly Bond issuance quantum (Rs. billion) Bank Credit growth (%) 25.0% 0% 11,195 11,245 20.0% 15.2% © 2026 Crisil Ltd. All rights reserved. 15.1% 3,050 -12% 15.0% 2,684 14.5% 10.0% 5.0% 2024 2025 Q1 2025 Q1 2026 0.0% Jan-22 Jan-23 J
Slide 15: Ratings Services performance highlights
Ratings Services performance highlights Financials Particulars Particulars FY 2024 FY 2025 Growth Q1 FY25 Q1 FY26 Growth (Rs crore) (Rs crore) Income from Income from 911.3 1078.7 18.4% 268.4 322.6 20.2% operations operations © 2026 Crisil Ltd. All rights reserved. Segment profit 400.1 478.2 19.5% S
Slide 16: Agenda
Agenda 5. 1. 2. 3. 4. Segment Crisil Overview Business Performance Financials Performance - environment Update Research, Analytics © 2026 Crisil Ltd. All rights reserved. and Solutions 6. 7. 8. 9. Domain-Led Thought Corporate Social Risks GenAI Leadership Responsibility 15
Slide 17: Domestic asset flows, low NPAs augur well for Indian financials
Domestic asset flows, low NPAs augur well for Indian financials Indian banking sector gross NPAs (%) India mutual funds AUM* ₹ ‘000 crore 8.4% 9,000 8,267 8,252 7.5% 7,827 8,000 7,315 6,869 6,831 7,000 6,644 5.9% © 2026 Crisil Ltd. All rights reserved. 5,975 6,000 5,488 5,000 3.9% 4,000 2.8% 3,000 2
Slide 18: Healthier financial profile of corporates with lighter balance sheets
Healthier financial profile of corporates with lighter balance sheets and high capacity utilization Net debt-to-Ebitda ratio near decadal low Capacity utilization remains healthy Rs. lakh crore Times 90% 35 3 80% 74.10% 2.6 2.5 2.4 30 2.4 2.4 3 70% © 2026 Crisil Ltd. All rights reserved. 25 2.0 60%
Slide 19: Profitability focus of global banks leading to measured stance on discretionary spends
Profitability focus of global banks leading to measured stance on discretionary spends CIB revenue pools(1) ($ Billion) CIB return on equity(2) (%) 700 7% c. +78 bps 600 15% © 2026 Crisil Ltd. All rights reserved. 500 400 10% 300 200 5% 100 0 0% FY20 FY21 FY22 FY23 FY24 FY25 FY19 FY20 FY21 FY22 FY23
Slide 20: Research, Analytics & Solutions performance highlights
Research, Analytics & Solutions performance highlights Financials Particulars Particulars FY 2024 FY 2025 Growth Q1 FY25 Q1 FY26 Growth (Rs crore) (Rs crore) Income from Income from 2,350.6 2,572.4 9.4% 545.3 735.6 34.9% operations operations © 2026 Crisil Ltd. All rights reserved. Segment profit 50
Slide 21: Agenda
Agenda 5. 1. 2. 3. 4. Segment Crisil Overview Business Performance Financials Performance - environment Update Research, Analytics © 2026 Crisil Ltd. All rights reserved. and Solutions 6. 7. 8. 9. Domain-Led Thought Corporate Social Risks GenAI Leadership Responsibility 20
Slide 22: GenAI as a strategic lever
GenAI as a strategic lever Focus on creating domain-led AI solutions that drive competitiveness by enhancing client value and augmenting operational efficiencies Our approach • Differentiate by building AI products and solutions deeply rooted in our domain GenAI-Native Products: GenEye Domain-Led AI
Slide 23: Agenda
Agenda 5. 1. 2. 3. 4. Segment Crisil Overview Business Performance Financials Performance - environment Update Research, Analytics © 2026 Crisil Ltd. All rights reserved. and Solutions 6. 7. 8. 9. Domain-Led AI Thought Corporate Social Risks and GenAI Leadership Responsibility 22
Slide 24: Thought leadership
Thought leadership Flagship Events Select ext. speakership In the press Select blogs/reports published Indian Express Amish Mehta, Crisil CEO, shares his views in Indian Express on the latest Budget being a practical step toward Viksit Amish Mehta at MSME India Bharat 2047, focusing on Rising – Deli
Slide 25: Agenda
Agenda 5. 1. 2. 3. 4. Segment Crisil Overview Business Performance Financials Performance - environment Update Research, Analytics © 2026 Crisil Ltd. All rights reserved. and Solutions 6. 7. 8. 9. Domain-Led AI Thought Corporate Social Risks and GenAI Leadership Responsibility 24
Slide 26: Building inclusive communities and a resilient environment – one integrated CSR ecosystem
Building inclusive communities and a resilient environment – one integrated CSR ecosystem … Financial awareness and inclusion to the ‘last-mile’ communities Enhancing the collective social consciousness through volunteering campaigns Through Mein Pragati, approx. 2.1 lakh rural community individuals
Slide 27: Agenda
Agenda 5. 1. 2. 3. 4. Segment Crisil Overview Business Performance Financials Performance - environment Update Research, Analytics © 2026 Crisil Ltd. All rights reserved. and Solutions 6. 7. 8. 9. Domain-Led AI Thought Corporate Social Risks and GenAI Leadership Responsibility 26
Slide 28: Risks
Risks Macroeconomic and geopolitical risks Legal, regulatory and policy risks Cybersecurity and data breach risks © 2026 Crisil Ltd. All rights reserved. Foreign exchange risk Potential disruption due to GenAI People risk Competitive intensity 27
Slide 29: About Crisil
About Crisil Crisil is a global, insights-driven analytics company. Our extraordinary domain expertise and analytical rigour help clients make mission-critical decisions with confidence. Large and highly respected firms partner with us for the most reliable opinions on risk in India, and for uncover