Price History
The credit rating agency Crisil predicts that the ongoing turmoil in West Asia could potentially reduce the profit margins of Indian corporations by approximately 200 basis points in FY27. However, their strong financial positions, robust domestic demand, and government capital expenditure may help these companies maintain resilience amidst these challenges, according to a report in Business Standard.
India's current account deficit (CAD) is under strain due to rising crude prices, a weakening rupee, and difficulties with subsidies. The escalating conflict in West Asia and domestic supply shortages have led to increased import costs for fuel, fertilizers, and copper. This situation poses challenges for India's economy.
CRISIL's stock ended the day at ₹4,079.35, marking a 1.36% decrease and underperforming the Sensex's 0.5% growth. The company's stock has shown mixed signals recently, with a technical shift towards a mildly bearish outlook and an earnings-based Hold rating.
According to Crisil, the organized FMCG sector is projected to experience a revenue growth of 8-10% by the fiscal year 2027. However, potential increases in input costs due to crude prices may lead to a possible moderation in volume growth.
By FY27, Crisil predicts India's oil trade deficit will reach an all-time high due to escalating crude prices and a decrease in refined export volumes.
The Crisil report signals that the ongoing conflict in West Asia could significantly impact India's economy due to potential disruptions from the Strait of Hormuz, which could escalate import costs and trading challenges, causing a possible economic shock.
The Road Infrastructure Investment Trust's (Road InvIT) assets under management (AUM) are projected to surge by 30% to approximately ₹3.9 trillion in FY27, as per Crisil Ratings. This growth is attributed primarily to the monetization of NHAI toll assets and HAM asset sales.
CRISIL Ltd approved a final dividend of ₹28 per share during their virtual AGM on April 17, 2026, marking the conclusion of FY25. The meeting also saw the reappointment of directors and acceptance of audited financial statements.
Brent Crude experienced a significant 16% increase in April, reaching $121, primarily because of supply restrictions. According to CRISIL, oil prices are anticipated to stay high and unpredictable in the short-term, signaling potential market turbulence.
The Reserve Bank of India (RBI) may reduce major banks' Common Equity Tier-1 (CET-1) ratios by up to 120 basis points due to a new Exposure at Credit Risk (ECL) rule, according to Crisil Ratings. However, they predict that this adjustment is not expected to significantly impact the banks' overall credit ratings.
The ongoing conflict in West Asia is causing an energy crisis in India, affecting various sectors. This has resulted in a decrease in fertilizer production, potential Coke can shortages, and an increase in the price of condoms due to raw material disruptions.
Despite posting strong earnings in Q4 FY2026, CRISIL Ltd. experienced a 1.47% drop to ₹4,271.65, contrasting with Sensex's decline of only 1.31%. The mixed technical indicators contributed to selling pressure toward the end of the week, despite favorable earnings sentiment.
CRISIL reports a significant surge in Q1 FY26 earnings, with profit before tax increasing by 35.7%, following a 12.4% rise in the previous fiscal year. Additionally, revenue experienced a notable boost of 30.1%. These figures suggest a robust performance for the financial services company.
Alcohol beverage manufacturers are expected to see a decrease in their profit margins due to an increase in packaging costs, primarily caused by the ongoing conflict in West Asia. According to CRISIL's report, the Ebitda margin may drop between 150 and 200 basis points.
CRISIL has been hit with a tax demand of approximately INR 149 crores for the fiscal year 2022-23. The company intends to contest this demand, with no significant financial implications reported in the short term.
Indian banking sector's non-performing assets (NPAs) are projected to stay within a range of 2.0-2.2% by fiscal year 2027, according to Crisil Ratings. Despite potential risks from West Asia, the organization expects steady asset quality in the banking sector.
Small and medium enterprises (MSMEs) in India could face increased financial strain due to the West Asia conflict, with a projected rise in non-performing assets (NPAs) to 3.4-3.6% this fiscal year. To counteract this stress, the government plans to implement credit support measures, such as potential guarantee schemes, to safeguard bank asset quality and protect MSMEs.
Crisil announces an interim dividend of ₹9 per share for its shareholders, pending approval at a future meeting. The recommendation came from their latest board meeting held on April 17, 2026.
Crisil Limited has released its Q1 FY2026 results, detailing business conditions, performance, risks, and future projections in a fresh corporate presentation.
CRISIL's Q1 results for 2026 demonstrate resilience amidst global turbulence, causing a rise in the company's share prices.
CRISIL has announced an interim dividend of ₹9 per share, marking the first such distribution for the year. This move indicates a positive financial performance by the company in the initial period.
CRISIL's Q1 2026 results show a net profit of INR 233.3 crore and an operational revenue of INR 1,057.7 crore. The board has decided to pay an interim dividend of INR 9 per share to its equity shareholders.
CRISIL records a significant 31% year-on-year increase in Q4 revenue, reaching ₹10.6 billion compared to ₹8.1 billion in the same quarter of the previous year.
Crisil's Q4 earnings rose significantly by 46%, reaching 233.3 crore INR, while revenue increased by 30% to 1,058 crore INR. The company's EBITDA grew by 37.3%, and the margin improved year-on-year to 30.1%. This strong performance indicates a promising financial outlook for Crisil.
According to Crisil Ratings, by Financial Year 2027, Non-Banking Financial Companies (NBFCs) are expected to depend heavily on bank loans, accounting for approximately 45% of their borrowings. This significant increase is attributed to lower interest rates and the borrowing trends observed in FY26.
Today, Wipro and HDFC Life, along with other companies like HDFC Asset Management Company (HDFC AMC), CRISIL, and Angel One, will release their Q4 results. Key stocks to keep an eye on include HDBFS, ICICI Lombard, Elecon, Hathway, and Tejas Networks. These announcements might influence the market significantly.
Soft drink revenues for bottlers are expected to surge by 15% this fiscal year, primarily due to increased sales during the hotter summer season (accounting for around 40% of total sales) and greater market penetration, according to CRISIL Ratings.
The Crisil report indicates a minimal initial effect of the fuel price surge on Indian inflation. However, if tensions in the West Asia region continue, there's potential for inflationary pressures to escalate.
Swaraj Engines anticipates a dividend of Rs 109.2/share, making it one of the top dividend prospects this week. Notably, investors should be aware of key dates such as Muthoot Finance's ex-dividend date on April 17th. Investors may find opportunities in banking, engineering, and insurance sectors for potential dividends.
The ongoing crisis in the West Asia region might lead to a widening of India's Current Account Deficit (CAD) to 2% of GDP, according to Crisil's report. This could be due to increased import costs and potential weakness in external financial inflows, issuing a cautionary note.
According to Crisil, the upcoming fiscal year is predicted to witness a 6% increase in power demand due to El Niño's influence, with higher temperatures and decreased rainfall potentially driving up energy consumption.
India has reduced excise duties to protect consumers from rising oil prices, but this move could lead to a significant revenue loss of approximately ₹1.1L crores in the upcoming fiscal year. The disruption in West Asia's energy sector is causing concerns for India's imports, remittances, and trade, potentially leading to macroeconomic risks such as GDP slowdown, widening Current Account Deficit (CAD), and inflation.
The escalating conflict in West Asia could potentially strain India's remittance inflows, widening the Current Account Deficit (CAD) and trade deficit. Exports to Gulf Cooperation Council countries, particularly significant for Basmati rice, meat, and ceramics, may face logistical difficulties, according to Crisil.
India's electricity usage reached an all-time high of 149 Billion Units (BUs) in March 2026, despite a year-on-year growth slowdown due to excessive rainfall and reduced industrial output. According to Crisil, the demand for power is projected to grow between 5.5% and 6.5% in FY27, driven by escalating temperatures and potential El Niño conditions that may boost cooling requirements.
Crisil Ltd has announced that the record date for its first interim dividend is set for April 23, 2026. The payment of the dividend is pending approval by the board on April 17, 2026, with distribution scheduled for May 8, 2026, subject to board approval.
According to Crisil's forecast, bank credit growth is expected to slow down slightly to 13% in FY27 compared to the previous year's 14%. However, there may be a rise in non-performing assets (NPAs) up to 2.5% by March 2027, with a focus on monitoring MSME loans and deposit mobilization.
Corporate credit upgrades in India might have reached their peak, according to ICRA, Crisil, and India Ratings, due to global tensions and rising energy costs. Balance sheet strength is noted, but mid-tier firms and energy-dependent sectors face potential disruptions.
The Indian automotive industry might encounter supply issues by fiscal year 2027, potentially due to some vendors closing shop. This could be a result of escalating energy costs and concerns over critical resource availability, affecting various sectors within the industry.
Vedanta announced an interim dividend of Rs 11 per share for the fiscal year 2026, totaling Rs 4,300 crore. Crisil has also declared a final dividend of Rs 28 per share, with the record date set for April 3.