ICRA LimitedICRACorporate

Ratings Latest results: Jun 2026 14 quarters of data
₹4,494.50
MCap ₹4,326 Cr · P/E 33.0
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.
₹82 Cr
Sales · Jun 2026
+13.6% YoY
₹27 Cr
Operating Profit · Jun 2026
+37.2% YoY
33.5%
OPM % · Jun 2026
+20.5% YoY
₹35 Cr
Net Profit · Jun 2026
+17.0% YoY
₹36.46
EPS · Jun 2026
+16.7% YoY

📝 ICRA Limited — results explained

Quarter ended June 2026 (Q1 FY27)

ICRA Limited reported revenue of ₹82 crore for the quarter ended June 2026 (Q1 FY27), up 13.6% from ₹72 crore in the same quarter last year, and down 8.1% sequentially over the March 2026 quarter.

Net profit rose 17.0% year-on-year to ₹35 crore, from ₹30 crore. Earnings per share (EPS) came in at ₹36.46.

Operating profit stood at ₹27 crore — an operating margin (OPM) of 33.5%, compared with 27.8% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, ICRA Limited posted revenue of ₹328 crore, a growth of 14.3% over FY25, with a net profit of ₹126 crore (down 14.9% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹338 crore with a net profit of ₹131 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 33.0.

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 ?
33.00above ind
Industry P/E ?
24.60
P/B ?
4.89
P/S ?
12.81
P/FCF ?
45.06
Enterprise Value ?
₹4,334 Cr
EV/EBITDA ?
34.28
PEG ?
3.30
Earnings Yield ?
2.7%
Dividend Yield ?
1.58%
Profitability & Returns
Sales (TTM) ?
₹338 Cr
OPM ?
37.4%
Profit after tax (TTM) ?
₹131 Cr
EPS (TTM) ?
₹136.20
ROCE ?
20.0%
ROE ?
14.8%
ROA ?
12.6%
Growth
Sales — latest qtr ?
₹82 Cr
PAT — latest qtr ?
₹35 Cr
YoY qtr sales growth ?
13.6%
YoY qtr profit growth ?
17.0%
Sales growth (3y) ?
14%
Sales growth (5y) ?
13%
Profit growth (3y) ?
10%
Profit growth (5y) ?
20%
Financial Health
Debt ?
₹8 Cr
Debt to Equity ?
0.01
Interest Coverage ?
N/A
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 6258586470637271817282858982 +13.6% -8.1%
Operating Profit 1916141226172123362028314027 +37.2% -31.4%
Other Income 1416411618174620202216121218 -17.0% +52.1%
Interest 00030000000000 — —
Depreciation 22222222222222 +8.3% +8.3%
Profit Before Tax 3130532341316540534042414948 +19.3% -2.6%
Net Profit 2426432034255031423031293635 +17.0% -2.5%
EPS 25.0226.9844.9120.9334.7825.6152.1532.2243.5731.2432.0330.3237.7236.46 +16.7% -3.3%
OPM % 30.6% 27.6% 24.1% 18.8% 37.1% 27.0% 29.2% 32.4% 44.4% 27.8% 34.1% 36.5% 44.9% 33.5% +20.5% -25.4%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹287 Cr ₹328 Cr ₹338 Cr +14.3%
Operating Profit ₹97 Cr ₹119 Cr ₹126 Cr +22.7%
OPM % 33.80% 36.28% 37.43% +7.3%
NPM % 51.57% 38.41% 38.81% -25.5%
Other Income ₹103 Cr ₹62 Cr ₹58 Cr -39.8%
Depreciation ₹8 Cr ₹8 Cr ₹8 Cr +0.0%
Interest ₹0 Cr ₹0 Cr ₹0 Cr —
EBIT ₹89 Cr ₹111 Cr ₹118 Cr +24.7%
PBT ₹189 Cr ₹172 Cr ₹180 Cr -9.0%
Tax — — ₹13 Cr —
Net Profit ₹148 Cr ₹126 Cr ₹131 Cr -14.9%
EPS ₹153.55 ₹131.31 ₹136.53 -14.5%
Material Cost — — — —
Employee Cost — — ₹42 Cr —
Extraordinary Items — — ₹-4 Cr —

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Borrowings 1310118 -27.3%
Equity Capital 10101010 +0.0%
Reserves 727732795875 +10.1%
Other Liabilities 101118137146 +6.6%
Total Liabilities 8518699531,038 +8.9%
Fixed Assets 27232626 +0.0%
CWIP 1110 -100.0%
Investments 658682656739 +12.7%
Other Assets 165163269273 +1.5%
Total Assets 8518699531,038 +8.9%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity 535794102 +8.5%
Cash from Investing Activity -247110-33 -430.0%
Cash from Financing Activity -31-130-101-63 +37.6%
Net Cash Flow -2-337 +133.3%
Free Cash Flow 46538796 +10.3%
CFO/OP 128%126%133%120% -9.8%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 21343431 -8.8%
Cash Conversion Cycle 21343431 -8.8%
Working Capital Days -131-124-121434 +458.7%
ROCE % 17%20%24%20% -16.7%

👥 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 ₹82 crore for the quarter ended June 2026 (Q1 FY27), up 13.6% from ₹72 crore in the same quarter last year, and down 8.1% sequentially over the March 2026 quarter.
What was ICRA Limited's net profit in Q1 FY27?
Net profit rose 17.0% year-on-year to ₹35 crore, from ₹30 crore. Earnings per share (EPS) came in at ₹36.46.
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 33.0.
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