ICRA Limited

NSE: ICRA · Financial Services

ICRA Limited Share Price & Analysis

5,163 -0.90%Updated 21 Jul 2026, 05:01 pm IST
LTP
5,163
-0.9%
Open
High
5,250.5
Low
5,141.5
Close
₹5,163
52W High
₹6,990
52W Low
₹4,905
Volume
26K
Lot Size
1
Sector
Financial Services
Market Cap
₹5K Cr
Face Value
₹10
Mid Cap

Price Chart

Fundamentals

P/E
26.9
Sector P/E
35.4
P/B
4.22
EPS
₹191.48
ROE
16.7%
ROCE
23%
D/E Ratio
0.02
Div Yield
1.35%
Book Value
₹1,223
+

Strengths

  • Strong return on equity (ROE 16.7%)
  • Efficient capital deployment (ROCE 23%)
  • Attractively valued vs sector (P/E 26.9x vs industry 35.4x)
  • Virtually debt-free
  • Near 52-week low — potential value zone (₹4,905)

Peer Comparison

CompanyCMPMkt CapP/EP/BROE %ROCE %D/E
HDFCBANK
HDFC Bank Limited
754
₹12.6L Cr161.9313.67.02
ICICIBANK
ICICI Bank Limited
1,440
₹10.4L Cr18.52.7317.37.59
SBIN
State Bank of India
1,025
₹9.6L Cr11.61.5915.46.13
BAJFINANCE
Bajaj Finance Limited
1,056
₹6.6L Cr34.25.7718.210.9
LICI
Life Insurance Corporation Of India
424
₹5.5L Cr9.543.0337.835.10
AXISBANK
Axis Bank Limited
1,234
₹4.1L Cr14.91.7313.16.24
KOTAKBANK
Kotak Mahindra Bank Limited
382
₹3.9L Cr19.42.111.46.98

Showing 7 peers in the same sector · Sorted by market cap

Shareholding Pattern

ICRA · as of Mar 2026

Promoters51.86%
FII8.78%0.28
DII24.17%0.25
Public14.86%0.04
Others0.32%
CategoryDec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters51.86%51.86%51.86%51.86%51.86%51.86%
FII8.22%8.42%8.59%8.77%9.06%8.78%
DII24.21%24.05%23.60%24.09%23.92%24.17%
Public15.38%15.34%15.62%14.94%14.82%14.86%
Others0.33%0.33%0.33%0.32%0.32%0.32%

Corporate Events

To consider and approve the financial results for the period ended March 31, 2026 and dividend

Dividend20 May 2026

Annual General Meeting/Dividend - Rs 60 Per Share

Dividend24 Jul 2025

Annual General Meeting/Dividend - Rs 100 Per Share

Dividend18 Jul 2024

Annual General Meeting/Dividend - Rs 40 Per Share/Special Dividend - Rs 90 Per Share

Dividend27 Jul 2023

Latest News

All news →

Can Fin Homes receives new credit rating

*Can Fin Homes receives new credit rating.* The company's latest credit assessment reflects stable creditworthiness with **CRISIL** and **ICRA** affirming ratings. No changes in outlook were indicated. This routine update supports ongoing debt market operations. 📊 *STOCKS:* CANFINHOME | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #CreditRating

NSE Filing10 Jul
High Impact

ICRA to acquire majority stake in Acuité Ratings

*ICRA to acquire majority stake in Acuité Ratings* to strengthen its footprint in the credit rating space. The move enhances ICRA’s competitive positioning and diversifies its client base. This strategic acquisition is valued at **₹400 crore**. Acuité’s expertise in MSME and infrastructure segments adds key capabilities. 📊 *STOCKS:* ICRA | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #Acquisition

NSE Filing29 Jun
High Impact

ICRA cuts India's GDP growth to 6.2% for FY25

*ICRA revises India's GDP growth forecast down to **6.2%** for FY25, citing slower industrial activity and weak rural demand.* The downgrade from earlier estimates signals macroeconomic headwinds affecting consumption and investment trends. This could influence RBI's rate decisions and market sentiment across sectors. 📊 *STOCKS:* | 🏢 *SECTOR:* Macro | #HIGHIMPACT #GDP

News Arena India19 May
High Impact

ICRA cuts India's FY27 GDP growth forecast to 6.2%

ICRA has downgraded India's real GDP growth forecast for FY27 to **6.2%** from **6.5%** earlier, citing slower-than-expected rural recovery and weak private consumption. The rating agency also projected FY26 growth at **6.4%**, marginally below earlier estimates. This revision raises concerns over near-term economic momentum and corporate earnings growth. 📊 *STOCKS:* | 🏢 *SECTOR:* Macro | #HIGHIMPACT #GDP

NDTV Profit19 May
High Impact

Bank credit growth to slow below 12% in FY27 amid oil shock

*Bank credit growth to slow below 12% in FY27 as ₹25 lakh crore expansion faces oil shock, Deposit pressure: ICRA.* ICRA has revised down credit growth forecasts citing **₹25 lakh crore** expansion headwinds, inflationary oil shock, and mounting deposit pressure on banking sector. This macro shift signals tightening monetary conditions and reduced retail lending momentum for FY27. Banking stocks face margin compression risks from elevated deposit costs. 📊 *SECTOR:* Banking | #HIGHIMPACT #CreditGrowth #Macro

Fortune India27 Apr
High Impact

ICRA forecasts ₹5–6 trillion transmission capex by 2032

*ICRA forecasts ₹5–6 trillion transmission capex by 2032.* The rating agency expects robust investments in power transmission infrastructure between 2026–27 and 2031–32. This signals long-term growth potential for the sector, driven by rising energy demand and grid modernization. Public and private players may benefit from increased project awards and order visibility. 📊 *STOCKS:* | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #Capex

Energetica India Magazine13 Jul
Medium Impact

₹5–6 trn capex planned for power transmission by FY32.

*₹5–6 trn capex planned for power transmission by FY32.* ICRA highlights robust investment plans in India's power transmission sector driven by renewable energy expansion. This includes strengthening the grid to handle **500 GW** of renewable capacity by 2030. The outlay signals long-term growth for transmission and distribution players. 📊 *STOCKS:* | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #Capex

SolarQuarter13 Jul
Medium Impact

₹5-6L Cr capex planned for power transmission by FY32

*₹5-6 lakh crore capex expected in power transmission by FY32.* ICRA highlights strong investment plans but flags execution delays as a key risk. Sector growth hinges on timely project implementation and regulatory support. Rising focus on grid modernization could benefit large players. 📊 *STOCKS:* | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #Capex

Fortune India8 Jul
Medium Impact

Power transmission capex may hit ₹5-6L cr by FY32

*Power transmission sector may see ₹5-6 lakh crore capex by FY32: ICRA* ET EnergyWorld reports ICRA's projection of **₹5-6 lakh crore** in transmission capex by FY32, signaling strong sector momentum. The outlay reflects rising demand and grid modernization plans. Upcoming tenders and execution pace will drive investor interest. 📊 *STOCKS:* | 🏢 *SECTOR:* Energy | #MEDIUMIMPACT #Capex

ET EnergyWorld8 Jul
Medium Impact

ICRA forecasts ₹6 trillion transmission capex opportunity

*ICRA forecasts ₹6 trillion transmission capex opportunity.* This spending could boost the power and infrastructure sectors significantly over the next decade. **₹6 trillion** investment is expected to drive growth in transmission projects and related manufacturing. Public and private players may benefit from upcoming tenders and project awards. 📊 *STOCKS:* | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #Capex

Manufacturing Today India8 Jul
Medium Impact

Financials

Quarterly Results

MetricDec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024
Revenue
₹164 Cr
▲19.7%
₹137 Cr
▲10.5%
₹124 Cr
▼8.8%
₹136 Cr
▲12.4%
₹121 Cr
▼4.0%
₹126 Cr
▲9.6%
₹115 Cr
▼7.3%
₹124 Cr
Op. Profit
₹57 Cr
▲16.3%
₹49 Cr
▲22.5%
₹40 Cr
▼32.2%
₹59 Cr
▲40.5%
₹42 Cr
▲2.4%
₹41 Cr
▲17.1%
₹35 Cr
▼30.0%
₹50 Cr
OPM
35.0%
▼2.8%
36.0%
▲12.5%
32.0%
▼25.6%
43.0%
▲22.9%
35.0%
▲6.1%
33.0%
▲6.5%
31.0%
▼22.5%
40.0%
Net Profit
₹39 Cr
▼18.8%
₹48 Cr
▲11.6%
₹43 Cr
▼23.2%
₹56 Cr
▲33.3%
₹42 Cr
▲13.5%
₹37 Cr
▲2.8%
₹36 Cr
▼23.4%
₹47 Cr
EPS (₹)
40.22
▼18.8%
49.54
▲12.7%
43.97
▼23.9%
57.75
▲32.6%
43.55
▲14.5%
38.05
▲3.4%
36.8
▼24.2%
48.56

Values in ₹ Cr · Source: Screener.in

Annual Profit & Loss

MetricMar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Revenue
₹600 Cr
▲20.5%
₹498 Cr
▲11.7%
₹446 Cr
▲10.7%
₹403 Cr
▲17.5%
₹343 Cr
▲14.0%
₹301 Cr
▼6.2%
₹321 Cr
▼2.1%
₹328 Cr
▲6.1%
₹309 Cr
▼7.2%
₹333 Cr
Expenses
₹384 Cr
▲20.0%
₹320 Cr
▲7.7%
₹297 Cr
▲14.2%
₹260 Cr
▲17.1%
₹222 Cr
▲0.9%
₹220 Cr
▼2.2%
₹225 Cr
▲4.7%
₹215 Cr
▲10.8%
₹194 Cr
▼16.0%
₹231 Cr
Op. Profit
₹215 Cr
▲20.8%
₹178 Cr
▲19.5%
₹149 Cr
▲4.2%
₹143 Cr
▲18.2%
₹121 Cr
▲49.4%
₹81 Cr
▼15.6%
₹96 Cr
▼15.0%
₹113 Cr
▼1.7%
₹115 Cr
▲12.7%
₹102 Cr
OPM
36.0%
▲0.0%
36.0%
▲9.1%
33.0%
▼5.7%
35.0%
▲0.0%
35.0%
▲29.6%
27.0%
▼10.0%
30.0%
▼11.8%
34.0%
▼8.1%
37.0%
▲19.4%
31.0%
Other Income
₹68 Cr
▼11.7%
₹77 Cr
▲2.7%
₹75 Cr
▲50.0%
₹50 Cr
▲22.0%
₹41 Cr
▼4.7%
₹43 Cr
▼10.4%
₹48 Cr
▲6.7%
₹45 Cr
▼8.2%
₹49 Cr
▲25.6%
₹39 Cr
Interest
₹4 Cr
▼20.0%
₹5 Cr
▼50.0%
₹10 Cr
▲900.0%
₹1 Cr
▼50.0%
₹2 Cr
▲0.0%
₹2 Cr
▲0.0%
₹2 Cr
₹0 Cr
₹0 Cr
₹0 Cr
Depreciation
₹28 Cr
▲75.0%
₹16 Cr
▲23.1%
₹13 Cr
▲30.0%
₹10 Cr
▲25.0%
₹8 Cr
▼20.0%
₹10 Cr
▲0.0%
₹10 Cr
▲66.7%
₹6 Cr
▼25.0%
₹8 Cr
▼11.1%
₹9 Cr
PBT
₹250 Cr
▲6.8%
₹234 Cr
▲17.0%
₹200 Cr
▲10.5%
₹181 Cr
▲19.1%
₹152 Cr
▲35.7%
₹112 Cr
▼14.5%
₹131 Cr
▼13.8%
₹152 Cr
▼3.2%
₹157 Cr
▲18.9%
₹132 Cr
Tax %
27.0%
▲0.0%
27.0%
▲12.5%
24.0%
▼4.0%
25.0%
▲0.0%
25.0%
▼3.8%
26.0%
▲0.0%
26.0%
▼13.3%
30.0%
▼14.3%
35.0%
▲6.1%
33.0%
Net Profit
₹183 Cr
▲7.0%
₹171 Cr
▲12.5%
₹152 Cr
▲10.9%
₹137 Cr
▲20.2%
₹114 Cr
▲37.3%
₹83 Cr
▼14.4%
₹97 Cr
▼8.5%
₹106 Cr
▲5.0%
₹101 Cr
▲13.5%
₹89 Cr
EPS (₹)
188.08
▲6.8%
176.15
▲12.5%
156.55
▲11.7%
140.13
▲20.4%
116.35
▲37.5%
84.61
▼15.1%
99.66
▼8.7%
109.21
▲7.4%
101.68
▲13.9%
89.29
Div Payout
56.0%
▲64.7%
34.0%
▼46.9%
64.0%
▼31.2%
93.0%
▲287.5%
24.0%
▼25.0%
32.0%
▲18.5%
27.0%
▲0.0%
27.0%
▼6.9%
29.0%
▼3.3%
30.0%

Values in ₹ Cr · Source: Screener.in

Balance Sheet

ItemSep 2025Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Liabilities
Equity Capital
₹10 Cr
▲0.0%
₹10 Cr
▲0.0%
₹10 Cr
▲0.0%
₹10 Cr
▲0.0%
₹10 Cr
▲0.0%
₹10 Cr
▲0.0%
₹10 Cr
▲0.0%
₹10 Cr
▲0.0%
₹10 Cr
▲0.0%
₹10 Cr
Reserves
₹1.1K Cr
▲3.3%
₹1.0K Cr
▲8.0%
₹967 Cr
▲2.8%
₹941 Cr
▲12.8%
₹834 Cr
▲11.5%
₹748 Cr
▲8.1%
₹692 Cr
▲9.7%
₹631 Cr
▼2.2%
₹645 Cr
▲19.7%
₹539 Cr
Borrowings
₹12 Cr
▼7.7%
₹13 Cr
▲0.0%
₹13 Cr
▲0.0%
₹13 Cr
▼7.1%
₹14 Cr
▼17.6%
₹17 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
Other Liabilities
₹265 Cr
▲17.8%
₹225 Cr
▲15.4%
₹195 Cr
▲41.3%
₹138 Cr
▲14.0%
₹121 Cr
▲0.0%
₹121 Cr
▼16.0%
₹144 Cr
▲12.5%
₹128 Cr
▲10.3%
₹116 Cr
▲4.5%
₹111 Cr
Total Liabilities
₹1.4K Cr
▲5.6%
₹1.3K Cr
▲9.1%
₹1.2K Cr
▲7.5%
₹1.1K Cr
▲12.6%
₹978 Cr
▲9.2%
₹896 Cr
▲5.9%
₹846 Cr
▲10.0%
₹769 Cr
▼0.3%
₹771 Cr
▲16.8%
₹660 Cr
Assets
Fixed Assets
₹90 Cr
▲0.0%
₹90 Cr
▼1.1%
₹91 Cr
▲93.6%
₹47 Cr
▲2.2%
₹46 Cr
▲0.0%
₹46 Cr
▼14.8%
₹54 Cr
▲58.8%
₹34 Cr
▼5.6%
₹36 Cr
▼2.7%
₹37 Cr
CWIP
₹0 Cr
▼100.0%
₹4 Cr
▲300.0%
₹1 Cr
▲0.0%
₹1 Cr
▼50.0%
₹2 Cr
▼33.3%
₹3 Cr
▲50.0%
₹2 Cr
▲100.0%
₹1 Cr
₹0 Cr
▼100.0%
₹1 Cr
Investments
₹911 Cr
▲17.9%
₹773 Cr
▼4.9%
₹813 Cr
▲18.0%
₹689 Cr
▲51.8%
₹454 Cr
▲156.5%
₹177 Cr
▲70.2%
₹104 Cr
▼42.9%
₹182 Cr
▼46.2%
₹338 Cr
▲8.7%
₹311 Cr
Other Assets
₹363 Cr
▼14.8%
₹426 Cr
▲53.2%
₹278 Cr
▼23.6%
₹364 Cr
▼23.8%
₹478 Cr
▼28.6%
₹669 Cr
▼2.3%
₹685 Cr
▲24.1%
₹552 Cr
▲39.4%
₹396 Cr
▲26.9%
₹312 Cr
Total Assets
₹1.4K Cr
▲5.6%
₹1.3K Cr
▲9.1%
₹1.2K Cr
▲7.5%
₹1.1K Cr
▲12.6%
₹978 Cr
▲9.2%
₹896 Cr
▲5.9%
₹846 Cr
▲10.0%
₹769 Cr
▼0.3%
₹771 Cr
▲16.8%
₹660 Cr

Values in ₹ Cr · Source: Screener.in

Cash Flow Statement

ItemMar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Operating CF
₹145 Cr
▲35.5%
₹107 Cr
▲8.1%
₹99 Cr
▲2.1%
₹97 Cr
▲27.6%
₹76 Cr
▲261.9%
₹21 Cr
▼74.1%
₹81 Cr
▲30.6%
₹62 Cr
▼1.6%
₹63 Cr
▼11.3%
₹71 Cr
Investing CF
₹-17 Cr
▼160.7%
₹28 Cr
▲136.4%
₹-77 Cr
▼6.9%
₹-72 Cr
▼125.0%
₹-32 Cr
▼390.9%
₹11 Cr
▼75.6%
₹45 Cr
▲183.3%
₹-54 Cr
▼350.0%
₹-12 Cr
▲70.0%
₹-40 Cr
Financing CF
₹-103 Cr
▲24.8%
₹-137 Cr
▼328.1%
₹-32 Cr
▼3.2%
₹-31 Cr
▲3.1%
₹-32 Cr
▲22.0%
₹-41 Cr
▲66.1%
₹-121 Cr
▼3125.0%
₹4 Cr
▲105.8%
₹-69 Cr
▼72.5%
₹-40 Cr
Net Cash Flow
₹25 Cr
▲1350.0%
₹-2 Cr
▲80.0%
₹-10 Cr
▼42.9%
₹-7 Cr
▼158.3%
₹12 Cr
▲250.0%
₹-8 Cr
▼260.0%
₹5 Cr
▼58.3%
₹12 Cr
▲170.6%
₹-17 Cr
▼88.9%
₹-9 Cr
Free Cash Flow
₹133 Cr
▲33.0%
₹100 Cr
▲11.1%
₹90 Cr
▼1.1%
₹91 Cr
▲23.0%
₹74 Cr
▲335.3%
₹17 Cr
▼79.0%
₹81 Cr
▲28.6%
₹63 Cr
▲5.0%
₹60 Cr
▼1.6%
₹61 Cr

Values in ₹ Cr · Source: Screener.in

Key Ratios History

MetricMar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Debtor Days
35d
▼16.7%
42d
▲23.5%
34d
▲21.4%
28d
▼51.7%
58d
▼10.8%
65d
▲71.1%
38d
▼20.8%
48d
▲29.7%
37d
▼27.5%
51d
Inventory Days
Days Payable
Cash Conv. Cycle
35d
▼16.7%
42d
▲23.5%
34d
▲21.4%
28d
▼51.7%
58d
▼10.8%
65d
▲71.1%
38d
▼20.8%
48d
▲29.7%
37d
▼27.5%
51d
Working Capital Days
-75d
▼23.0%
-61d
▲4.7%
-64d
▼16.4%
-55d
▼14.6%
-48d
▼2300.0%
-2d
▲95.5%
-44d
▼7.3%
-41d
▲8.9%
-45d
▲31.8%
-66d
ROCE
23.0%
▲9.5%
21.0%
▲5.0%
20.0%
▲5.3%
19.0%
▲26.7%
15.0%
▼25.0%
20.0%
▼13.0%
23.0%
▼8.0%
25.0%
▼3.8%
26.0%
▲8.3%
24.0%

Source: Screener.in · Lower days = better efficiency

About ICRA Limited

ICRA Limited was set up in 1991 by leading financial/investment institutions, commercial banks and financial services companies as an independent and professional investment Information and Credit Rating Agency.[1] It is involved in rating, management consulting and outsourcing and information services etc.[2]

Financial Services · Capital Markets

Frequently Asked Questions

What is ICRA Limited share price today?
ICRA Limited (ICRA) is currently trading at ₹5,163 on NSE, down 0.90% as of the last market session. Prices update daily after market close on MarketNetra.
Is ICRA Limited available in F&O (Futures & Options)?
Yes, ICRA Limited (ICRA) is part of the NSE F&O segment with a lot size of 1 shares. Options are available with monthly expiry contracts. You can track the full option chain and OI analysis on MarketNetra.
What is ICRA Limited 52-week high and low?
ICRA Limited's 52-week high is ₹6,990 and the 52-week low is ₹4,905. The current price of ₹5,163 is 26.1% below the 52W high.
What is ICRA Limited P/E ratio?
ICRA Limited's current P/E ratio is 26.9. This indicates the market is paying ₹26.9 for every ₹1 of earnings. Compare this to the sector average to assess relative valuation.
How to trade ICRA Limited options?
ICRA Limited options are traded on NSE with monthly expiry contracts (lot size: 1 shares). To trade ICRA options: select your expiry on the option chain page, identify key OI strikes, check the PCR and buildup type on OI analysis, and review FII/DII flows for institutional sentiment before taking a position.