ICRA Past Earnings Performance
Past criteria checks 1/6
ICRA has been growing earnings at an average annual rate of 13.4%, while the Capital Markets industry saw earnings growing at 28.9% annually. Revenues have been growing at an average rate of 9.4% per year. ICRA's return on equity is 15.9%, and it has net margins of 31.5%.
Key information
13.4%
Earnings growth rate
13.4%
EPS growth rate
| Capital Markets Industry Growth | 20.7% |
| Revenue growth rate | 9.4% |
| Return on equity | 15.9% |
| Net Margin | 31.5% |
| Next Earnings Update | 10 Feb 2025 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How ICRA makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 4,795 | 1,513 | 14 | 0 |
| 30 Jun 24 | 4,582 | 1,463 | 14 | 0 |
| 31 Mar 24 | 4,461 | 1,511 | 14 | 0 |
| 31 Dec 23 | 4,312 | 1,426 | 13 | 0 |
| 30 Sep 23 | 4,197 | 1,493 | 13 | 0 |
| 30 Jun 23 | 4,134 | 1,543 | 13 | 0 |
| 31 Mar 23 | 4,032 | 1,352 | 13 | 0 |
| 31 Dec 22 | 3,879 | 1,303 | 13 | 0 |
| 30 Sep 22 | 3,714 | 1,223 | 13 | 0 |
| 30 Jun 22 | 3,555 | 1,096 | 13 | 0 |
| 31 Mar 22 | 3,428 | 1,123 | 13 | 0 |
| 31 Dec 21 | 3,312 | 1,011 | 8 | 0 |
| 30 Sep 21 | 3,220 | 947 | 8 | 0 |
| 30 Jun 21 | 3,113 | 888 | 8 | 0 |
| 31 Mar 21 | 3,011 | 817 | 8 | 0 |
| 31 Dec 20 | 3,060 | 940 | 9 | 0 |
| 30 Sep 20 | 3,080 | 920 | 9 | 0 |
| 30 Jun 20 | 3,137 | 927 | 0 | 0 |
| 31 Mar 20 | 3,211 | 962 | 9 | 0 |
| 31 Dec 19 | 3,177 | 864 | 63 | 0 |
| 30 Sep 19 | 3,230 | 908 | 63 | 0 |
| 30 Jun 19 | 3,264 | 989 | 0 | 0 |
| 31 Mar 19 | 3,281 | 1,054 | 63 | 0 |
| 31 Dec 18 | 3,269 | 1,056 | 58 | 0 |
| 30 Sep 18 | 3,251 | 1,056 | 58 | 0 |
| 30 Jun 18 | 3,178 | 1,034 | 58 | 0 |
| 31 Mar 18 | 3,089 | 1,007 | 58 | 0 |
| 31 Dec 17 | 3,002 | 847 | 0 | 0 |
| 30 Sep 17 | 3,019 | 756 | 0 | 0 |
| 30 Jun 17 | 3,097 | 748 | 0 | 0 |
| 31 Mar 17 | 3,311 | 874 | 0 | 0 |
| 31 Dec 16 | 3,447 | 716 | 153 | 0 |
| 30 Sep 16 | 3,567 | 791 | 153 | 0 |
| 30 Jun 16 | 3,494 | 779 | 153 | 0 |
| 31 Mar 16 | 2,933 | 732 | 0 | 0 |
| 31 Dec 15 | 3,402 | 799 | 494 | 0 |
| 30 Sep 15 | 3,361 | 779 | 494 | 0 |
| 30 Jun 15 | 3,294 | 601 | 494 | 0 |
| 31 Mar 15 | 3,209 | 654 | 159 | 0 |
| 31 Dec 14 | 3,091 | 645 | 563 | 0 |
| 30 Sep 14 | 3,003 | 614 | 563 | 0 |
| 30 Jun 14 | 2,927 | 742 | 562 | 0 |
| 31 Mar 14 | 2,822 | 689 | 447 | 0 |
Quality Earnings: 532835 has a large one-off gain of ₹538.6M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: 532835's current net profit margins (31.5%) are lower than last year (35.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 532835's earnings have grown by 13.4% per year over the past 5 years.
Accelerating Growth: 532835's earnings growth over the past year (1.3%) is below its 5-year average (13.4% per year).
Earnings vs Industry: 532835 earnings growth over the past year (1.3%) did not outperform the Capital Markets industry 50.1%.
Return on Equity
High ROE: 532835's Return on Equity (15.9%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/23 01:42 |
| End of Day Share Price | 2025/01/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
ICRA Limited is covered by 9 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Pankaj Kadu | Axis Capital Limited |
| null null | Batlivala & Karani Securities India Pvt. Ltd. |
| Dhananjay Sinha | Emkay Global Financial Services Ltd. |