CRISIL Limited is an Indian credit rating agency that also runs a research and analytics business, selling ratings, risk scores, and data products to banks, insurers, and corporate issuers. Its moat rests on regulatory recognition: its ratings are embedded in Indian banking and bond-market rules, which gives it a franchise that is hard to replicate and a steady flow of recurring mandates. Revenue growth of 27.6% and a 29.1% return on equity show the business compounding well above its cost of capital, while a 24.7% operating margin reflects pricing power. The stock trades at 39.5 times trailing earnings and 31.7 times forward, so the multiple already prices in a lot of that growth, and the question for us is whether the analytics segment can keep lifting margins as ratings volumes cycle. At a 349.4 billion INR market cap with no index membership, it is a candidate for a deeper look on quality grounds, with valuation the main thing to test.
Plain-English pros, cons, and what to watch. Pro feature.
See what each model says, the assumptions behind it, the bad, normal and good cases, and why the fair value changed.
The full quality picture: a reason under every score, how the scores moved, and the conviction breakdown.
The full analyst picture: the price-target distribution against the current price, forward consensus estimates, and how ACCE's own models compare.
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Follow the informed money: 13F position changes, insider and Congress trades, and 13D activist filings.
| Date | Type | New | Previous | Price |
|---|---|---|---|---|
| 23 Oct 2026, 01:52 CEST | ACCE price target | ₹4520 | first publication | ₹4777 |
Answered from CRISIL Limited fundamentals + recent valuations. Every number shows its source and date.
| Company | Price | Fair value | vs fair value | P/E | ROE | Quality | Score |
|---|---|---|---|---|---|---|---|
| CRISIL.NS CRISIL Limited | ₹4751.10 | - | - | 39.3x | 29.1% | 92 | 64 |
| MCX.NS Multi Commodity Exchange of India Ltd. | ₹3020.30 | - | - | 65.0x | - | 100 | 76 |
| MORN Morningstar Inc. Common Stock | $224.89 | $161 | 39% above | 20.5x | 32.0% | 84 | 78 |
| ASX.AX ASX Limited | A$66.06 | A$27 | 149% above | 26.2x | 12.3% | 76 | 60 |
| X.TO TMX Group | C$57.43 | C$40 | 45% above | 26.5x | 13.2% | 86 | 78 |
| FDS FactSet Research Systems Inc. Common Stock | $331.32 | $223 | 48% above | 22.7x | 25.5% | 88 | 69 |
| BOLSAA.MX Bolsa Mexicana de Valores | MXN 36.98 | MXN 30 | 22% above | 12.1x | 22.5% | 89 | 69 |
Where CRISIL.NS ranks against its sector peers on each metric.