About Crisil Ratings Limited
Data last updated: 16 February 2026
Crisil Ratings Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Crisil Limited. It specialises in credit rating agencies, a part of the broader financial services sector. Incorporated on 03 June 2019, the company has been in operation for over 7 years.
Registered with ROC Mumbai under CIN U67100MH2019PLC326247.
Capital: an authorised share capital of ₹30 Cr and a paid-up capital of ₹26.1 Cr. It is led by directors including Diwakar Gupta and Holly Kay Kulka.
Last AGM: 24 April 2025. Financial statements filed for year ended 31 December 2024. Office: Lightbridge It Park, Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹504.89 Cr, a growth of 17.63% compared to the previous year.
The company has a workforce of approximately 407 employees as per the latest available data. It operates as a subsidiary of Crisil Limited.
The company is associated with 2 brands - Crisil Ratings, Crisil.
For more details, the company can be reached via its website crisil.com.
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Registered AddressLightbridge It Park, Saki Vihar Road Andheri East, Mumbai, Maharashtra, India – 400072
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IndustryFinancial Services, Credit Rating Agencies
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Crisil Ratings Limited
Crisil Ratings Limited operates two associated brands: Crisil Ratings and CRISIL. These brands represent Crisil Ratings Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Credit ratings, research, and risk assessment services are provided. | crisilratings.com | |
| Credit rating database for financial institutions, energy sectors, automobiles, and telecom | crisil.com |
Competitors & Alternatives of Crisil Ratings Limited
Brands and companies operating in the same space as Crisil Ratings Limited include Fitch Ratings, Moody's, Kroll Bond Rating Agency and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Fitch Ratings
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Credit ratings and global financial data are aggregated for investors. | New York, United States, United States | 1913 |
Moody's
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Financial databases for credit ratings and analytics are maintained. | New York, United States, United States | 1909 |
Kroll Bond Rating Agency
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Credit ratings agency enabling analysis for financial data | New York, United States, United States | 2010 |
Acuite Ratings & Research
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Credit rating data is supplied to the investment industry. | Mumbai, India, India | 2005 |
Red Flag Alert
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Cloud-based data management and business intelligence solutions are offered. | Manchester, United Kingdom, United Kingdom | 2004 |
RAM Holdings
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Financial database focused on credit ratings | Kuala Lumpur, Malaysia, Malaysia | 1990 |
CARE Ratings
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Provider of independent credit ratings and assessments for businesses | Mumbai, India, India | 1993 |
Scope Ratings
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Financial database of credit ratings | Berlin, Germany, Germany | 2002 |
Capital Pilot
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Networking and assessment platform for investors and startups is operated. | London, United Kingdom, United Kingdom | 2016 |
GCR Ratings
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Credit ratings are compiled and maintained in a financial database. | Ebene City, Mauritius, Mauritius | 1996 |
Business Activity of Crisil Ratings Limited
Crisil Ratings Limited operates primarily in the financial and insurance service sector. The company has 1 registered business activity segment, reflecting its diverse operational portfolio.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Financial and insurance Service | Locked | Other financial activities | Locked |
Detailed business activity records for Crisil Ratings Limited
Activity codes and turnover contribution percentages require an active report plan.
- Activity group codes
- Detailed activity codes
- Turnover contribution
Verified entity values are shown only after access is granted.
Auditor Details of Crisil Ratings Limited
Crisil Ratings Limited is audited by WALKER CHANDIOK & CO LLP for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
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| WALKER CHANDIOK & CO LLP | Locked | Locked | Locked |
Complete auditor history for Crisil Ratings Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
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Board of Directors of Crisil Ratings Limited
Crisil Ratings Limited is currently managed by 6 directors, with 10 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Diwakar Gupta
Also directs:
Alkem Laboratories Limited, Mahindra Holidays & Resorts India Limited, Mahindra And Mahindra Financial Services Limited and 5 more
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Director | 01 Sep 2020 | 5 Years 11 Months | Current |
| Holly Kay Kulka | Director | 05 Aug 2020 | 6 Years 0 Months | Current |
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Dinesh Khara
Also directs:
Samvardhana Motherson International Limited, Crisil Limited, Kfin Technologies Limited and 2 more
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Additional Director | 15 Oct 2025 | 0 Years 10 Months | Current |
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Latha Raghurama Ayyar
Also directs:
Dbs Bank India Limited
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Additional Director | 22 Sep 2025 | 0 Years 10 Months | Current |
| Craig Alan Parmelee | Director | 20 Mar 2025 | 1 Years 5 Months | Current |
| Subodh Kumar Rai | Managing Director | 12 Aug 2024 | 2 Years 0 Months | Current |
Financials of Crisil Ratings Limited FY 2024 filings available
Crisil Ratings Limited reported revenue of ₹504.89 Cr (up 17.63% YoY) for FY 2023.
Ten-year financial statements for Crisil Ratings Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Crisil Ratings Limited
Shareholding and ownership data for Crisil Ratings Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings Crisil Ratings Limited
Crisil Ratings Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Crisil Ratings Limited
Crisil Ratings Limited has a workforce of 407 employees as of Apr 02, 2024.
Employee and EPFO history for Crisil Ratings Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Crisil Ratings Limited
GST registrations and filing compliance for Crisil Ratings Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Crisil Ratings Limited
Credit ratings, litigation, and regulatory alerts for Crisil Ratings Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Crisil Ratings Limited
MSME payment history for Crisil Ratings Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Crisil Ratings Limited
Corporate group structure for Crisil Ratings Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Crisil Ratings Limited
MCA filings and documents for Crisil Ratings Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Crisil Ratings Limited
Recent News on Crisil Ratings Limited
Frequently Asked Questions about Crisil Ratings Limited
Crisil Ratings Limited is an active public limited company in the financial services sector based in Mumbai, Maharashtra, India. It was incorporated on 03 June 2019 (7+ years old) and is registered under CIN U67100MH2019PLC326247. The company has 407 employees.
Crisil Ratings Limited reported revenue of ₹504.89 Cr for FY 2023 (up 17.63% YoY).
The current directors of Crisil Ratings Limited are:
- Diwakar Gupta - Director
- Holly Kay Kulka - Director
- Dinesh Khara - Additional Director
- Latha Raghurama Ayyar - Additional Director
- Craig Alan Parmelee - Director
- Subodh Kumar Rai - Managing Director
The primary industry of Crisil Ratings Limited is financial services. The company specifically operates in credit rating agencies. The company is currently active in this sector.
Crisil Ratings Limited can be reached at the registered office: Lightbridge It Park, Saki Vihar Road Andheri East, Mumbai, Maharashtra, India – 400072, or through the website crisil.com.
The authorised capital is ₹30 Cr, and the paid-up capital is ₹26.1 Cr.