CRISIL (CRISIL) investor relations material

Executive summary

• Delivered strong financial results in H1 and Q2 2026, with double-digit growth in income from operations and profits despite macroeconomic headwinds.

• Unaudited standalone and consolidated financial results for Q2 and H1 2026 were approved by the Board on July 21, 2026.

• Maintained leadership in ratings, analytics, and risk solutions, supported by robust demand across business segments.

• Continued investments in AI upgrades and domain-led products to enhance client experience and operational efficiency.

• Board changes: Resignation of Non-executive Director Saugata Saha and appointment of Abhishek Tomar as Additional Director effective July 22, 2026.

Financial highlights

• Income from operations rose 28.8% year-over-year to ₹2,133.05 crore in H1 2026; Q2 2026 saw a 27.6% increase to ₹1,075.39 crore.

• Profit after tax increased 35.7% year-over-year to ₹449.72 crore in H1 2026; Q2 2026 PAT up 26.2% to ₹216.46 crore.

• Basic and diluted EPS for Q2 2026 were ₹29.60, up from ₹23.46 in Q2 2025.

• Interim dividend of ₹10 per share declared in Q2 2026, up from ₹9 per share in Q2 2025.

• Cash and cash equivalents at June 30, 2026, were ₹397.58 crore, up from ₹320.13 crore at Dec 31, 2025.

Outlook and guidance

• India's GDP growth forecast at 6.6% for the current fiscal, down from 7.6% last year, amid global and domestic headwinds.

• Inflation expected to rise to 5.1% in fiscal 2027, driven by higher energy and food prices.

• Global GDP growth projected at 3.1% in 2026, with the US economy expected to grow 2.1%.

• Growth supported by government capex, resilient services exports, and private consumption, though manufacturing faces input cost pressures.

• The Board continues to focus on operational excellence and growth across segments.