Formerly | Credit Rating Information Services of India Limited |
---|---|
Company type | Public subsidiary |
BSE: 500092 NSE: CRISIL | |
Founded | 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$250 million) (December 2020)[3] |
₹354.7 crore (US$42 million) (December 2020)[3] | |
Parent | S&P Global (66%) |
Website | www |
CRISIL Limited, formerly Credit 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 company S&P Global.[4]
CRISIL, was the first credit rating agency in India, introduced in 1988 by the ICICI and UTI jointly with share capital coming from SBI, LIC and United 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$290 million in 2023), net income of ₹3,547 million (equivalent to ₹4.2 billion or US$50 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$2.8 billion).[7]
In April 2024, Crisil Received SEBI Approval for ESG Scoring in India.[8]