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Crisil Limited reported strong financial performance for the year ended December 31, 2024. Total revenue from operations stood at ₹3,259.78 crore, reflecting a slight decrease of 0.5% compared to ₹3,259.78 crore in the previous year. This performance was driven by demand resilience in its Ratings and Research services, factors such as market expansion and operational efficiencies.
Net profit for the year improved to ₹684.07 crore, up 3.89% from ₹658.44 crore year-on-year. The Earnings Per Share (EPS) increased to ₹93.55 from ₹90.08, demonstrating solid profitability despite the cost pressures noted in operational expenses. The rise in profitability can be attributed to effective cost management and higher revenues from its core segments.
Operational costs increased by 2.4% to ₹2,422.95 crore, influenced by higher employee benefits which rose by 1.0% year-over-year due to talent retention efforts amidst a competitive environment. However, the overall margin improvements signal effective controls and operational refinements.
The balance sheet remains robust, with total assets of ₹3,941.78 crore, and total equity standing at ₹2,564.82 crore. Cash flow from operating activities generated ₹765.06 crore, underscoring strong operational cash generation capabilities.
From a strategic perspective, the company appears focused on enhancing its service offerings and expanding its global footprint. Overall, the current financial health suggests a favorable outlook, instilling confidence among investors. Based on these fundamentals, a buying standpoint is indicated for retail investors, considering the ongoing growth trajectory and stable demand within key segments.