CRISIL Limited
CRISIL Limited, an analytical company, provides ratings, research, and risk and policy consulting services in India, Europe, North America, and internationally. It operates through two segment, Rating Services; and Research, Analytics and Solutions. The company offers credit ratings for corporates, banks, and bank loans; credit analysis services; grading services; and analytical services. It also… Read more
CRISIL Limited (CRISIL) - Net Assets
Latest net assets as of June 2025: ₹28.17 Billion INR
Based on the latest financial reports, CRISIL Limited (CRISIL) has net assets worth ₹28.17 Billion INR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹42.31 Billion) and total liabilities (₹14.14 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹28.17 Billion |
| % of Total Assets | 66.57% |
| Annual Growth Rate | 17.16% |
| 5-Year Change | 95.52% |
| 10-Year Change | 165.59% |
| Growth Volatility | 14.32 |
CRISIL Limited - Net Assets Trend (2003–2024)
This chart illustrates how CRISIL Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for CRISIL Limited (2003–2024)
The table below shows the annual net assets of CRISIL Limited from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₹25.65 Billion | +17.15% |
| 2023-12-31 | ₹21.89 Billion | +22.17% |
| 2022-12-31 | ₹17.92 Billion | +13.53% |
| 2021-12-31 | ₹15.78 Billion | +20.32% |
| 2020-12-31 | ₹13.12 Billion | +11.94% |
| 2019-12-31 | ₹11.72 Billion | +3.14% |
| 2018-12-31 | ₹11.36 Billion | +8.36% |
| 2017-12-31 | ₹10.49 Billion | +6.41% |
| 2016-12-31 | ₹9.85 Billion | +2.04% |
| 2015-12-31 | ₹9.66 Billion | +13.83% |
| 2014-12-31 | ₹8.48 Billion | +25.77% |
| 2013-12-31 | ₹6.74 Billion | +27.51% |
| 2012-12-31 | ₹5.29 Billion | +26.58% |
| 2011-12-31 | ₹4.18 Billion | +5.94% |
| 2010-12-31 | ₹3.94 Billion | -9.07% |
| 2009-12-31 | ₹4.34 Billion | +21.34% |
| 2008-12-31 | ₹3.58 Billion | +29.33% |
| 2007-12-31 | ₹2.76 Billion | +46.34% |
| 2006-12-31 | ₹1.89 Billion | +43.25% |
| 2005-12-31 | ₹1.32 Billion | +43.20% |
| 2003-12-31 | ₹920.90 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to CRISIL Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 2076300000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹20.76 Billion | 80.95% |
| Common Stock | ₹73.10 Million | 0.29% |
| Other Comprehensive Income | ₹1.13 Billion | 4.40% |
| Other Components | ₹3.68 Billion | 14.36% |
| Total Equity | ₹25.65 Billion | 100.00% |
CRISIL Limited Competitors by Market Cap
The table below lists competitors of CRISIL Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shandong Laiwu Jinlei Wind Power Technology Co Ltd
SHE:300443
|
$904.50 Million |
|
Focus Technology Co Ltd
SHE:002315
|
$904.68 Million |
|
Krungthai Card PCL
BK:KTC
|
$905.79 Million |
|
Arcadyan Technology Corp
TW:3596
|
$906.04 Million |
|
Tianjin Chase Sun Pharmaceutical Co Ltd
SHE:300026
|
$904.30 Million |
|
Lightspeed Commerce Inc
NYSE:LSPD
|
$904.25 Million |
|
Anhui Jinhe Industrial Co Ltd
SHE:002597
|
$903.94 Million |
|
Tamburi Investment Partners S.p.A.
LSE:0G9J
|
$903.38 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CRISIL Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 21,892,600,000 to 25,648,200,000, a change of 3,755,600,000 (17.2%).
- Net income of 6,840,700,000 contributed positively to equity growth.
- Dividend payments of 4,241,200,000 reduced retained earnings.
- New share issuances of 24,200,000 increased equity.
- Other comprehensive income increased equity by 1,157,500,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹6.84 Billion | +26.67% |
| Dividends Paid | ₹4.24 Billion | -16.54% |
| Share Issuances | ₹24.20 Million | +0.09% |
| Other Comprehensive Income | ₹1.16 Billion | +4.51% |
| Other Changes | ₹-25.60 Million | -0.1% |
| Total Change | ₹- | 17.15% |
Book Value vs Market Value Analysis
This analysis compares CRISIL Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 11.43x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 272.40x to 11.43x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | ₹14.72 | ₹4009.00 | x |
| 2005-12-31 | ₹19.07 | ₹4009.00 | x |
| 2006-12-31 | ₹26.99 | ₹4009.00 | x |
| 2007-12-31 | ₹38.92 | ₹4009.00 | x |
| 2008-12-31 | ₹49.48 | ₹4009.00 | x |
| 2009-12-31 | ₹60.04 | ₹4009.00 | x |
| 2010-12-31 | ₹54.73 | ₹4009.00 | x |
| 2011-12-31 | ₹58.67 | ₹4009.00 | x |
| 2012-12-31 | ₹75.00 | ₹4009.00 | x |
| 2013-12-31 | ₹95.45 | ₹4009.00 | x |
| 2014-12-31 | ₹118.22 | ₹4009.00 | x |
| 2015-12-31 | ₹133.81 | ₹4009.00 | x |
| 2016-12-31 | ₹136.81 | ₹4009.00 | x |
| 2017-12-31 | ₹145.76 | ₹4009.00 | x |
| 2018-12-31 | ₹157.49 | ₹4009.00 | x |
| 2019-12-31 | ₹162.00 | ₹4009.00 | x |
| 2020-12-31 | ₹180.82 | ₹4009.00 | x |
| 2021-12-31 | ₹216.73 | ₹4009.00 | x |
| 2022-12-31 | ₹245.31 | ₹4009.00 | x |
| 2023-12-31 | ₹299.46 | ₹4009.00 | x |
| 2024-12-31 | ₹350.75 | ₹4009.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CRISIL Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 26.67%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 20.99%
- • Asset Turnover: 0.83x
- • Equity Multiplier: 1.54x
- Recent ROE (26.67%) is below the historical average (32.96%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 20.98% | 22.85% | 0.67x | 1.38x | ₹101.12 Million |
| 2005 | 18.58% | 17.45% | 0.76x | 1.40x | ₹113.21 Million |
| 2006 | 32.52% | 21.38% | 1.03x | 1.48x | ₹425.41 Million |
| 2007 | 30.26% | 20.69% | 0.98x | 1.49x | ₹560.19 Million |
| 2008 | 39.32% | 27.32% | 0.99x | 1.45x | ₹1.05 Billion |
| 2009 | 37.06% | 29.92% | 0.85x | 1.46x | ₹1.17 Billion |
| 2010 | 52.09% | 32.69% | 1.03x | 1.54x | ₹1.66 Billion |
| 2011 | 49.39% | 25.58% | 1.15x | 1.68x | ₹1.65 Billion |
| 2012 | 41.66% | 22.54% | 0.99x | 1.86x | ₹1.67 Billion |
| 2013 | 44.16% | 26.82% | 0.97x | 1.70x | ₹2.30 Billion |
| 2014 | 31.64% | 21.42% | 0.99x | 1.49x | ₹1.84 Billion |
| 2015 | 29.53% | 20.66% | 1.03x | 1.38x | ₹1.89 Billion |
| 2016 | 29.87% | 19.02% | 1.12x | 1.41x | ₹1.96 Billion |
| 2017 | 29.03% | 18.36% | 1.11x | 1.43x | ₹2.00 Billion |
| 2018 | 31.96% | 20.77% | 1.07x | 1.44x | ₹2.49 Billion |
| 2019 | 29.35% | 19.86% | 1.03x | 1.44x | ₹2.27 Billion |
| 2020 | 27.04% | 17.90% | 0.90x | 1.68x | ₹2.24 Billion |
| 2021 | 29.51% | 20.25% | 0.92x | 1.59x | ₹3.08 Billion |
| 2022 | 31.50% | 20.38% | 0.98x | 1.58x | ₹3.85 Billion |
| 2023 | 30.08% | 20.97% | 0.95x | 1.51x | ₹4.40 Billion |
| 2024 | 26.67% | 20.99% | 0.83x | 1.54x | ₹4.28 Billion |
Industry Comparison
This section compares CRISIL Limited's net assets metrics with peer companies in the Financial Data & Stock Exchanges industry.
Industry Context
- Industry: Financial Data & Stock Exchanges
- Average net assets among peers: $12,758,864,500
- Average return on equity (ROE) among peers: 12.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CRISIL Limited (CRISIL) | ₹28.17 Billion | 20.98% | 0.50x | $904.41 Million |
| BSE Limited (BSE) | $24.44 Billion | 5.00% | 0.83x | $12.57 Billion |
| CARE Ratings Limited (CARERATING) | $8.16 Billion | 16.83% | 0.17x | $425.50 Million |
| ICRA Limited (ICRA) | $6.40 Billion | 16.48% | 0.20x | $241.21 Million |
| Multi Commodity Exchange of India Limited (MCX) | $12.05 Billion | 10.44% | 0.52x | $6.68 Billion |