Rs. 26 Dividend Per Share: Will Be Paid On May 6; Right Time To Pick Stake?

Crisil is an international analytics firm that is fuelled by insights. S&P Global owns the majority of Crisil, which has its headquarters in India. Established in 1987 as the first credit rating agency in India, the company's current expertise spans four businesses: Crisil Integral IQ, Crisil Coalition Greenwich, Crisil Ratings, and Crisil Intelligence.

Crisil Dividend

"The Board of Directors has also recommended final dividend of Rs. 26, per equity share of face value of Re 1 each, for the financial year ended December 31, 2024, subject to the approval of the shareholders at the ensuing Annual General Meeting," said the company in a regulatory filing on Monday.

"For Annual General Meeting and payment of Final Dividend for financial year 2024, if approved by shareholders at the Annual General Meeting of the Company scheduled to be held on April 30, 2025, and the same will be paid on May 6, 2025," CRISIL said in a stock exchange filing.

"For the year ended December 31 , 2024, the company paid three interim dividends totalling Rs 30 per equity share of face value of Re 1 each. The Board of Directors has recommended a final dividend of Rs 26 per share (of Re 1 face value), taking the total dividend for the year to Rs 56 per share," as per CRISIL.

Crisil Q4 Financials

The financial statements for the quarter (Q4 2024) and the year ending December 31, 2024 (FY 2024) were approved by the Board of Directors of Crisil Ltd. during its meeting on Monday. In Q4 2024, Crisil's consolidated income from operations was Rs 912.9 crore, down 0.5% from Q4 2023's Rs 917.7 crore. In comparison to Rs 951.0 crore in 04 2023, the consolidated total income for 04 2024 dropped by 0.8% to Rs 943.2 crore.

For the quarter, which concluded on December 31, 2024, the firm reported a net profit of Rs 224.7 crore. CRISIL reported a net profit of Rs 210.1 crore for the same quarter of the previous fiscal year. In comparison to Rs 271.6 crore YoY in the year-ago quarter, EBITDA increased 5.7% to Rs 287 crore in the quarter under review. In the latest reported quarter, the EBITDA margin was 31.4%, up from 29.6% in the same quarter last year.

Says Amish Mehta, Managing Director & CEO, Crisil, "The global economy showed resilience, but the macroeconomic outlook is susceptible to the· policy implementation of the new U.S. administration and potential inflation pressures from tariffs. India's growth is now aligning with its long-term trend. Crisil expects India's GDP to grow 6.5% next fiscal, driven by lower inflation and interest rate cuts. The recent budget supports public investment and consumption, while upholding fiscal discipline. Our new brand identity reinforces our position as a global, insights driven analytics organization and conveys a more progressive vision of our future."

Crisil Share Price Target

"Crisil stock price is slightly bullish on the Daily charts with strong support at 4615. A Daily close above resistance of 5120 could lead to a target of 5600 in the near term," recommended A R Ramachandran, Independent Research Analyst.

Disclaimer

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