ICRA Limited

NSE: ICRAFinancial Services

ICRA Limited Share Price & Analysis

₹4884.50−0.10%Updated 4 Sept 2026, 03:30 pm IST
LTP
₹4884.50−0.10%
Open
₹4890.00
High
₹4995.10
Low
₹4866.00
Close
₹4884.50
52W High
₹6982.00
52W Low
₹4692.00
Volume
21K
Lot Size
1
Sector
Financial Services
Market Cap
₹5K Cr
Face Value
₹10
Small Cap

Price Chart

Candle
Range

Fundamentals

P/E
24.00
Sector P/E
37.50
P/B
4.18
EPS
₹191.48
ROE
16.70%
ROCE
23.00%
D/E Ratio
0.02
Div Yield
1.43%
Book Value
₹1223.00

Strengths

  • Strong return on equity (ROE 16.7%)
  • Efficient capital deployment (ROCE 23%)
  • Attractively valued vs sector (P/E 24x vs industry 37.5x)
  • Virtually debt-free
  • Near 52-week low — potential value zone (₹4,692)

Concerns

    Peer Comparison

    CompanyCMPMkt CapP/EP/BROE %ROCE %D/E
    HDFCBANK
    HDFC Bank Limited
    712
    ₹11.0L Cr13.91.8313.67.02
    ICICIBANK
    ICICI Bank Limited
    1,423
    ₹10.2L Cr18.22.715.97.18
    SBIN
    State Bank of India
    1,016
    ₹9.4L Cr11.21.5115.46.13
    BAJFINANCE
    Bajaj Finance Limited
    1,061
    ₹6.6L Cr32.25.818.210.9
    LICI
    Life Insurance Corporation Of India
    415
    ₹5.3L Cr8.7537.835.10
    KOTAKBANK
    Kotak Mahindra Bank Limited
    425
    ₹4.2L Cr21.12.3311.46.98
    AXISBANK
    Axis Bank Limited
    1,273
    ₹4.0L Cr14.31.7913.16.24

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

    Shareholding Pattern

    ICRA · as of Mar 2026

    Promoters51.86%
    FII8.78%0.28pp
    DII24.17%0.25pp
    Public14.86%0.04pp
    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

    ICRA board meets; no major announcements disclosed

    *ICRA board meets; no major announcements disclosed.* The outcome of the July 30, 2026, board meeting did not reveal any significant decisions or financial updates. No new ratings, leadership changes, or strategic moves were reported. The filing appears to be a routine compliance disclosure. 📊 *STOCKS:* ICRA | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #BoardMeeting

    NSE Filing30 Jul
    High Impact

    ICRA reports Q1FY26 financial results.

    *ICRA reports Q1FY26 financial results.* The company has submitted its financial results for the quarter ended June 30, 2026. Results reflect performance metrics including revenue and profit, though specifics are not detailed. Traders may assess fundamentals based on the full financial statement. 📊 *STOCKS:* ICRA | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #Earnings

    NSE Filing30 Jul
    High Impact

    ICRA to acquire full stake in Acuitus Rating

    *ICRA to acquire full stake in Acuitus Rating.* The move will strengthen ICRA’s presence in the credit rating space. The acquisition value is **₹200 crore** and expected to be completed by Q4 FY25. ICRA will gain strategic control over the subsidiary. 📊 *STOCKS:* ICRA | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #Acquisition

    NSE Filing28 Jul
    High Impact

    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 forecasts 7% GDP growth for Q1 FY27

    *ICRA projects India's GDP growth to slow to **7%** in Q1 FY27, the weakest in four quarters.* This indicates a moderation in economic momentum amid tight monetary conditions and sluggish rural demand. A lower growth number could influence RBI's rate-setting trajectory and market expectations. Weakness may weigh on equity sentiment, especially in consumption and banking. 📊 *STOCKS:* | 🏢 *SECTOR:* Macro | #HIGHIMPACT #GDP

    KNN India18 Aug
    High Impact

    ICRA estimates Q1 GDP growth at 7%, lowest in four quarters

    *ICRA estimates India's GDP growth at a four-quarter low of **7%** in Apr-Jun.* This marks a notable slowdown from the previous quarter's **8.2%** and below the expected **7.5%**. The deceleration reflects weaker industrial output and muted private consumption. 📊 *STOCKS:* | 🏢 *SECTOR:* Macro | #HIGHIMPACT #GDP

    PSU Watch17 Aug
    High Impact

    ICRA forecasts 7% GDP growth for Q1 FY27

    *ICRA forecasts India's GDP growth to soften to **7%** in Q1 FY27 due to margin pressures from West Asia tensions.* The geopolitical risks are expected to impact crude oil prices and trade flows, affecting corporate margins and investment sentiment. This projection implies slower economic momentum compared to previous quarters. 📊 *STOCKS:* | 🏢 *SECTOR:* Macro | #HIGHIMPACT #GDP

    livemint.com17 Aug
    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

    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 ServicesCapital Markets

    Frequently Asked Questions

    What is ICRA Limited share price today?
    ICRA Limited (ICRA) is currently trading at ₹4,884.5 on NSE, down 0.10% 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 ₹6,982 and the 52-week low is ₹4,692. The current price of ₹4,884.5 is 30.0% below the 52W high.
    What is ICRA Limited P/E ratio?
    ICRA Limited's current P/E ratio is 24. This indicates the market is paying ₹24 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.