Slide 1: Corporate Presentation Q2 2026 filing letter
Crisil acomp~nyof S&PGtobat July 21, 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 Presen
Slide 2: Analyst presentation
July 21, 2026 Analyst presentation 1 Strictly confidential. Not for distribution
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. Thought Corporate Social Leadership Responsibility 3 Crisil a company of S&P Global
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 Crisil Crisil Crisil Crisil © 2026 Crisil Ltd. All rights reserved. Intelligence Coalition Ratings Greenwich Integral
Slide 6: Agenda
Agenda 1. 2. 3. 4. 5. Crisil Overview Business Performance Financials Segment environment Update Performance © 2026 Crisil Ltd. All rights reserved. 6. 7. Thought Corporate Social Leadership Responsibility 5 Crisil a company of S&P Global
Slide 7: Key trends in macro and business environment
Key trends in macro and business environment India India’s GDP is expected to grow at 6.6% in the current fiscal, Growth in the current fiscal will be supported by robust compared with 7.6% last fiscal, amid multiple headwinds, including government capex, resilient services exports, and private high
Slide 8: Agenda
Agenda 1. 2. 3. 4. 5. Crisil Overview Business Performance Financials Segment environment Update Performance © 2026 Crisil Ltd. All rights reserved. 6. 7. Thought Corporate Social Leadership Responsibility 7 Crisil a company of S&P Global
Slide 9: Resilient performance amidst macro-economic uncertainty
Resilient performance amidst macro-economic uncertainty • Crisil Ratings continued to grow revenues and maintain its leadership position backed by investor preference for best-in- class assessments, despite a steep decline in bond issuances 28.8% • Crisil Global Analytics Center (GAC) saw growth in
Slide 10: Agenda
Agenda 1. 2. 3. 4. 5. Crisil Overview Business Performance Financials Segment environment Update Performance © 2026 Crisil Ltd. All rights reserved. 6. 7. Thought Corporate Social Leadership Responsibility 9 Crisil a company of S&P Global
Slide 11: Financial performance for H1 and Q2 2026
Financial performance for H1 and Q2 2026 Income from operations Profit before tax (PBT) Profit after tax (PAT) ₹ crore ₹ crore ₹ crore +28.8% +30.1% +35.7% 450 2,133 588 1,656 452 331 © 2026 Crisil Ltd. All rights reserved. H1 2025 H1 2026 H1 2025 H1 2026 H1 2025 H1 2026 +27.6% +24.4% +26.2% 1,075 2
Slide 12: 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. Thought Corporate Social Leadership Responsibility 11 Crisil a company of S&P Global
Slide 13: Corporate bond issuances continued to decline in Q2, while bank credit growth remained robust
Corporate bond issuances continued to decline in Q2, while bank credit growth remained robust Bond issuance quantum (Rs. billion) Bank Credit growth (%) - 6,672 -18% 20.0% 19.2% 5,456 17.7% © 2026 Crisil Ltd. All rights reserved. 15.0% 15.4% 3,622 -26% 2,693 10.0% 5.0% Sep-24 Sep-25 Feb-24 Jun-24 Fe
Slide 14: Ratings Services performance highlights
Ratings Services performance highlights Financials Particulars (Rs crore) H1 2025 H1 2026 Growth _ _ _ _ _I Income from I_Particulars (Rs crore) Income from --- Q2 2025 Q2 2026 Growth 519.7 627.8 20.8% 251.3 305.1 21.4% operations operations © 2026 Crisil Ltd. All rights reserved. Segment profit 236
Slide 15: 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. Thought Corporate Social Leadership Responsibility 14 Crisil a company of S&P Global
Slide 16: 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* 7.50% 8,527 8,267 8,252 Rs ‘000 crore 7,827 7,315 5.90% 6,869 6,831 6,644 © 2026 Crisil Ltd. All rights reserved. 5,975 3.90% 2.80% 2.30% 1.80% Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 FY21
Slide 17: Revenue growth, cost optimisation, and diligent use of capital have led to improving Return on Equity
Revenue growth, cost optimisation, and diligent use of capital have led to improving Return on Equity in recent years CIB Revenue Pools(1) ($ Billion) CIB Return on Equity(2) (%) 750 20% © 2026 Crisil Ltd. All rights reserved. 600 15% 450 10% 300 5% 150 0 0% FY20 FY21 FY22 FY23 FY24 FY25 FY26F FY20
Slide 18: Research, Analytics & Solutions performance highlights
Research, Analytics & Solutions performance highlights Financials Particulars Particulars H1 2025 H1 2026 Growth Q2 2025 Q2 2026 Growth (Rs crore) (Rs crore) _ _ _ _ _I I_ _ _ _ _ Income from Income from 1,137.6 1,506.5 32.4% 592.3 770.9 30.1% operations operations © 2026 Crisil Ltd. All rights rese
Slide 19: 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. Thought Corporate Social Leadership Responsibility 18 Crisil a company of S&P Global
Slide 20: Thought leadership
Thought leadership Flagship Events Selected external speakership In the press Select blogs/reports published In a byline for Moneycontrol, ET Edge Insights __ . Revisiting . , _ _leveraged- _ _ _ _lending ,_ ri sk From .., _ _growth ___ capital ... to liQu1d,ty engine _ .._._ Subodh Rai, Crisil Rati
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. Thought Corporate Social Leadership Responsibility 20 Crisil a company of S&P Global
Slide 22: Creating sustainable impact across communities and the environment
Creating sustainable impact across communities and the environment Financial awareness and inclusion to the ‘last-mile’ communities Enhancing the collective social consciousness through volunteering campaigns Through Mein Pragati, approx. 2.65 lakh rural community individuals supported through train
Slide 23: 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