ICRA Limited operates as an independent and professional investment information, and credit rating agency in India and internationally.
No risks detected for 532835 from our risk checks.
Price History & Performance
|Historical stock prices|
|Current Share Price||₹3,646.65|
|52 Week High||₹2,555.00|
|52 Week Low||₹4,158.60|
|1 Month Change||2.01%|
|3 Month Change||13.01%|
|1 Year Change||30.55%|
|3 Year Change||3.56%|
|5 Year Change||-5.33%|
|Change since IPO||357.20%|
Recent News & Updates
|532835||IN Capital Markets||IN Market|
Return vs Industry: 532835 underperformed the Indian Capital Markets industry which returned 61.1% over the past year.
Return vs Market: 532835 underperformed the Indian Market which returned 65.2% over the past year.
Stable Share Price: 532835 is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 532835's weekly volatility (4%) has been stable over the past year.
About the Company
ICRA Limited operates as an independent and professional investment information, and credit rating agency in India and internationally. The company operates through Rating, Research and Other Services; Consulting Services; and Outsourced and Information Services segments. It offers credit, debt, bank loan, structured finance, issuer, project finance, mutual fund, fund management quality, and insurance financial strength rating services.
ICRA Fundamentals Summary
|532835 fundamental statistics|
Is 532835 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|532835 income statement (TTM)|
|Cost of Revenue||₹1.87b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||92.31|
|Net Profit Margin||28.52%|
How did 532835 perform over the long term?See historical performance and comparison
0.7%Current Dividend Yield
Is ICRA undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 532835 (₹3646.65) is trading above our estimate of fair value (₹795.23)
Significantly Below Fair Value: 532835 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 532835 is poor value based on its PE Ratio (39.5x) compared to the Indian Capital Markets industry average (16.3x).
PE vs Market: 532835 is poor value based on its PE Ratio (39.5x) compared to the Indian market (20.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 532835's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 532835 is overvalued based on its PB Ratio (4.6x) compared to the IN Capital Markets industry average (0.8x).
How is ICRA forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Diversified Financials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as ICRA has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has ICRA performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 532835 has high quality earnings.
Growing Profit Margin: 532835's current net profit margins (28.5%) are lower than last year (29.6%).
Past Earnings Growth Analysis
Earnings Trend: 532835's earnings have grown by 3% per year over the past 5 years.
Accelerating Growth: 532835's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 532835 had negative earnings growth (-4.2%) over the past year, making it difficult to compare to the Capital Markets industry average (65%).
Return on Equity
High ROE: 532835's Return on Equity (11.8%) is considered low.
How is ICRA's financial position?
Financial Position Analysis
Short Term Liabilities: 532835's short term assets (₹4.9B) exceed its short term liabilities (₹1.2B).
Long Term Liabilities: 532835's short term assets (₹4.9B) exceed its long term liabilities (₹188.8M).
Debt to Equity History and Analysis
Debt Level: 532835's debt to equity ratio (2.2%) is considered satisfactory.
Reducing Debt: 532835's debt to equity ratio has increased from 0.06% to 2.2% over the past 5 years.
Debt Coverage: 532835's debt is well covered by operating cash flow (450.3%).
Interest Coverage: 532835 earns more interest than it pays, so coverage of interest payments is not a concern.
What is ICRA current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 532835's dividend (0.74%) is higher than the bottom 25% of dividend payers in the Indian market (0.34%).
High Dividend: 532835's dividend (0.74%) is low compared to the top 25% of dividend payers in the Indian market (1.47%).
Stability and Growth of Payments
Stable Dividend: 532835's dividends per share have been stable in the past 10 years.
Growing Dividend: 532835's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (29.2%), 532835's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Narayanaswami Sivaraman (63 yo)
Mr. Narayanaswami S. Sivaraman has been Managing Director, Group Chief Executive Officer and Director at ICRA Limited since August 10, 2020 and its BR Head since February 5, 2021 also served as its Additio...
CEO Compensation Analysis
Compensation vs Market: Narayanaswami's total compensation ($USD533.29K) is above average for companies of similar size in the Indian market ($USD305.76K).
Compensation vs Earnings: Insufficient data to compare Narayanaswami's compensation with company performance.
Experienced Management: 532835's management team is seasoned and experienced (6.3 years average tenure).
Experienced Board: 532835's board of directors are considered experienced (6.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
ICRA Limited's employee growth, exchange listings and data sources
- Name: ICRA Limited
- Ticker: 532835
- Exchange: BSE
- Founded: 1991
- Industry: Financial Exchanges and Data
- Sector: Diversified Financials
- Market Cap: ₹35.078b
- Shares outstanding: 9.62m
- Website: https://www.icra.in
Number of Employees
- ICRA Limited
- Building No. 8
- 2nd Floor
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/23 15:56|
|End of Day Share Price||2021/09/23 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.