ICRA LimitedICRACorporate

Ratings Latest results: Jun 2026 14 quarters of data
₹4,494.50
MCap ₹4,326 Cr · P/E 22.0
AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹163 Cr
Sales · Jun 2026
+31.7% YoY
₹55 Cr
Operating Profit · Jun 2026
+37.7% YoY
33.7%
OPM % · Jun 2026
+4.3% YoY
₹56 Cr
Net Profit · Jun 2026
+31.3% YoY
₹58.36
EPS · Jun 2026
+32.7% YoY

📝 ICRA Limited — results explained

Quarter ended June 2026 (Q1 FY27)

ICRA Limited reported revenue of ₹163 crore for the quarter ended June 2026 (Q1 FY27), up 31.7% from ₹124 crore in the same quarter last year, and down 6.6% sequentially over the March 2026 quarter.

Net profit rose 31.3% year-on-year to ₹56 crore, from ₹43 crore. Earnings per share (EPS) came in at ₹58.36.

Operating profit stood at ₹55 crore — an operating margin (OPM) of 33.7%, compared with 32.3% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, ICRA Limited posted revenue of ₹600 crore, a growth of 20.5% over FY25, with a net profit of ₹183 crore (up 7.0% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹639 crore with a net profit of ₹196 crore.

Valuation snapshot

At the current price of ₹4,494.50, ICRA has a market capitalisation of ₹4,326 crore and a trailing P/E of about 22.0.

Within the Ratings industry, it is the 2nd-largest of the 2 companies we track by market value.

Shareholding pattern

As of Sep 2026, promoters held 51.87%, foreign institutional investors (FIIs) 8.00%, domestic institutional investors (DIIs) 20.12%, public shareholders 19.78% of ICRA Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹4,326 Cr
Current Price ?
₹4,494.5
P/E ?
22.02below ind
Industry P/E ?
24.60
P/B ?
3.66
P/S ?
6.77
P/FCF ?
29.83
Enterprise Value ?
₹4,344 Cr
EV/EBITDA ?
18.80
PEG ?
2.00
Earnings Yield ?
4.5%
Dividend Yield ?
1.58%
Profitability & Returns
Sales (TTM) ?
₹639 Cr
OPM ?
36.1%
Profit after tax (TTM) ?
₹196 Cr
EPS (TTM) ?
₹204.11
ROCE ?
23.0%
ROE ?
16.6%
ROA ?
13.2%
Growth
Sales — latest qtr ?
₹163 Cr
PAT — latest qtr ?
₹56 Cr
YoY qtr sales growth ?
31.7%
YoY qtr profit growth ?
31.3%
Sales growth (3y) ?
14%
Sales growth (5y) ?
15%
Profit growth (3y) ?
11%
Profit growth (5y) ?
18%
Financial Health
Debt ?
₹18 Cr
Debt to Equity ?
0.02
Interest Coverage ?
37.6
Current Ratio ?
N/A
Ownership
Promoter holding ?
51.87%
Change in promoter holding ?
0.01%
Pledged percentage ?
N/A
Market
Return 3 months ?
-13.5%
Return 6 months ?
-17.7%

🗓️ Quarterly results (14 quarters · ₹ Cr)

same fiscal quarter as Jun bestweakest per row · for costs (interest, NPAs) low is best
Metric Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026 YoY % QoQ %
Sales 109103105115124115126121136124137164175163 +31.7% -6.6%
Operating Profit 3835343050354142594049577055 +37.7% -21.3%
Other Income 161816172418201921242191428 +15.1% +97.3%
Interest 00037201121110 -77.7% -55.4%
Depreciation 32344444444101011 +163.6% +5.4%
Profit Before Tax 5150474162475756745864557376 +31.2% +4.3%
Net Profit 3941323247363742564348395356 +31.3% +6.5%
EPS 39.7641.7732.9233.3148.5636.8038.0543.5557.7543.9749.5440.2254.3558.36 +32.7% +7.4%
OPM % 34.9% 34.0% 32.4% 26.1% 40.3% 30.4% 32.5% 34.7% 43.4% 32.3% 35.8% 34.8% 40.0% 33.7% +4.3% -15.7%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹498 Cr ₹600 Cr ₹639 Cr +20.5%
Operating Profit ₹177 Cr ₹216 Cr ₹231 Cr +22.0%
OPM % 35.54% 36.00% 36.14% +1.3%
NPM % 34.34% 30.50% 30.73% -11.2%
Other Income ₹78 Cr ₹68 Cr ₹72 Cr -12.8%
Depreciation ₹16 Cr ₹28 Cr ₹35 Cr +75.0%
Interest ₹4 Cr ₹5 Cr ₹3 Cr +25.0%
EBIT ₹161 Cr ₹188 Cr ₹197 Cr +16.8%
PBT ₹234 Cr ₹250 Cr ₹268 Cr +6.8%
Tax — — ₹20 Cr —
Net Profit ₹171 Cr ₹183 Cr ₹196 Cr +7.0%
EPS ₹176.15 ₹188.08 ₹202.47 +6.8%
Material Cost — — — —
Employee Cost — — ₹87 Cr —
Extraordinary Items — — ₹-4 Cr —

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 10101010 +0.0%
Reserves 9419671,0441,171 +12.2%
Borrowings 13131318 +38.5%
Other Liabilities 138195225287 +27.6%
Total Liabilities 1,1011,1841,2921,486 +15.0%
Fixed Assets 479190315 +250.0%
CWIP 1140 -100.0%
Investments 689813773730 -5.6%
Other Assets 364278426442 +3.8%
Total Assets 1,1011,1841,2921,486 +15.0%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity 99107145157 +8.3%
Cash from Investing Activity -7728-17-110 -547.1%
Cash from Financing Activity -32-137-103-67 +35.0%
Net Cash Flow -10-225-20 -180.0%
Free Cash Flow 90100133145 +9.0%
CFO/OP 103%106%113%103% -8.8%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 34423548 +37.1%
Cash Conversion Cycle 34423548 +37.1%
Working Capital Days -64-61-75391 +621.3%
ROCE % 20%21%23%23% +0.0%

👥 Shareholding (latest 5 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026Sep 2026 % Chg
Promoters 51.86%51.86%51.86%51.86%51.87% +0.0%
FIIs 8.66%6.87%7.25%7.92%8.00% +1.0%
DIIs 24.38%26.15%25.55%24.51%20.12% -17.9%
Public 14.78%14.82%15.06%15.41%19.78% +28.4%
Others 0.32%0.29%0.29%0.29%— —
No. of Shareholders 21,17621,81821,92922,18927,725 +24.9%

⚖️ Peer comparison

Industry: Ratings · 2 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 CARERATING CARE Ratings ₹1,652.50 4,977 27.9 491 180 41.5% 36.7% 17.7% 24.5% 18.8% 26.9%
2 ICRA ICRA ₹4,559.30 4,388 22.5 639 196 36.1% 30.7% 20.5% 7.0% 31.7% 31.3%
❓ Frequently asked questions
What was ICRA Limited's revenue in Q1 FY27?
ICRA Limited reported revenue of ₹163 crore for the quarter ended June 2026 (Q1 FY27), up 31.7% from ₹124 crore in the same quarter last year, and down 6.6% sequentially over the March 2026 quarter.
What was ICRA Limited's net profit in Q1 FY27?
Net profit rose 31.3% year-on-year to ₹56 crore, from ₹43 crore. Earnings per share (EPS) came in at ₹58.36.
What is ICRA's market capitalisation and P/E ratio?
At the current price of ₹4,494.50, ICRA has a market capitalisation of ₹4,326 crore and a trailing P/E of about 22.0.
Who owns ICRA Limited? (shareholding pattern)
As of Sep 2026, promoters held 51.87%, foreign institutional investors (FIIs) 8.00%, domestic institutional investors (DIIs) 20.12%, public shareholders 19.78% of ICRA Limited.
TTM ends 2026-06-30. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI