April 22, 2017 . Equities Desk

Play on quality with consistency

CRISIL is a global analytical company and India’s foremost provider of ratings, data and research, analytics and solutions, with a strong track record of growth and innovation. It was incorporated in 1987 as India’s first credit rating agency. Presently, it is majorly owned by Standard and Poor’s (S&P), the world’s leading provider of independent credit risk research and benchmarks, and a part of McGraw Hill Financial (formerly The McGraw-Hill Companies). S&P currently owns 67.1% stake in the company.


CRISIL remains the preferred bet for its consistent track record in terms of revenue & profitability coupled with strong balance sheet & leadership position. Hence, we expect CRISIL to trade at a premium valuation to its peers. Currently, the stock is available at 31.6x CY18E EPS, which is at the lower end of its historical range of 22.1–51.2x one-year forward EPS. Hence, we recommend BUY rating on the stock with a target price of Rs2,375 valuing it at its three-year mean of 38.0x CY18E EPS.

Research Report – CRISIL

Investments in equity shares, debentures, etc., are not obligations of, or guaranteed by Wealth India Financial Services Pvt. Ltd., and are subject to investment risks. Click here to read our full disclaimer.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.