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ICRA LimitedNSEI:ICRA Stock Report

Market Cap ₹47.2b
Share Price
n/a
1Y-18.0%
7D8.1%
1D4.6%
Portfolio Value
View

ICRA Limited

NSEI:ICRA Stock Report

Market Cap: ₹47.2b

ICRA (ICRA) Stock Overview

Operates as an independent and professional investment information, and credit rating agency in India and internationally. More details

ICRA fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance2/6
Financial Health6/6
Dividends4/6

ICRA Community Fair Values

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See what others think this stock is worth. Follow their fair value or set your own to get alerts.

ICRA Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for ICRA
Historical stock prices
Current Share Price₹5,131.50
52 Week High₹6,982.00
52 Week Low₹4,692.00
Beta0.21
1 Month Change-2.93%
3 Month Change-5.23%
1 Year Change-18.01%
3 Year Change-7.89%
5 Year Change46.18%
Change since IPO538.84%

Recent News & Updates

Analysis Article Aug 02

Results: ICRA Limited Beat Earnings Expectations And Analysts Now Have New Forecasts

It's been a good week for ICRA Limited ( NSE:ICRA ) shareholders, because the company has just released its latest...
Narrative Update Jun 17

ICRA: Dividend Decision At Upcoming Board Meeting Will Drive Share Price

Analysts have maintained their fair value estimate for ICRA at ₹6,558.50, with only marginal tweaks to inputs such as the discount rate, revenue growth, profit margin, and future P/E assumptions, resulting in no change in the overall price target. What's in the News for ICRA ICRA has scheduled a board meeting for May 21, 2026 at 14:30 IST to consider and approve audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, and to discuss the Annual General Meeting, source: company announcement.

Recent updates

Analysis Article Aug 02

Results: ICRA Limited Beat Earnings Expectations And Analysts Now Have New Forecasts

It's been a good week for ICRA Limited ( NSE:ICRA ) shareholders, because the company has just released its latest...
Narrative Update Jun 17

ICRA: Dividend Decision At Upcoming Board Meeting Will Drive Share Price

Analysts have maintained their fair value estimate for ICRA at ₹6,558.50, with only marginal tweaks to inputs such as the discount rate, revenue growth, profit margin, and future P/E assumptions, resulting in no change in the overall price target. What's in the News for ICRA ICRA has scheduled a board meeting for May 21, 2026 at 14:30 IST to consider and approve audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, and to discuss the Annual General Meeting, source: company announcement.
Narrative Update Jun 02

ICRA: Future Dividend Policy And Board Decisions Will Support Upside Potential

Analysts have lowered their price target on ICRA from ₹7,178.50 to ₹6,558.50. This reflects updated assumptions that include changes to the discount rate, revenue growth outlook, profit margin expectations, and the projected future P/E multiple.
Analysis Article Jan 31

ICRA Limited Just Missed EPS By 16%: Here's What Analysts Think Will Happen Next

Investors in ICRA Limited ( NSE:ICRA ) had a good week, as its shares rose 5.6% to close at ₹6,307 following the...
Analysis Article Nov 02

The ICRA Limited (NSE:ICRA) Second-Quarter Results Are Out And Analysts Have Published New Forecasts

Investors in ICRA Limited ( NSE:ICRA ) had a good week, as its shares rose 2.8% to close at ₹6,425 following the...
New Narrative Aug 29

Enhanced Financial Inclusion Will Expand India's Bond Markets

Key Takeaways Bond market expansion and regulatory changes are set to boost ICRA's revenue stability and broaden its market opportunities. Investments in technology, partnerships, and specialized ratings strengthen ICRA's operational efficiency and position it for high-margin, data-driven growth.
Analysis Article Jul 25

Shareholders Will Probably Hold Off On Increasing ICRA Limited's (NSE:ICRA) CEO Compensation For The Time Being

Key Insights ICRA will host its Annual General Meeting on 31st of July CEO Ramnath Krishnan's total compensation...
Analysis Article Jan 09

ICRA Limited's (NSE:ICRA) Share Price Not Quite Adding Up

With a price-to-earnings (or "P/E") ratio of 38.2x ICRA Limited ( NSE:ICRA ) may be sending bearish signals at the...
Analysis Article Oct 30

ICRA Limited (NSE:ICRA) Analysts Are Pretty Bullish On The Stock After Recent Results

As you might know, ICRA Limited ( NSE:ICRA ) recently reported its quarterly numbers. ICRA reported in line with...
Analysis Article Sep 17

ICRA Limited's (NSE:ICRA) Shares May Have Run Too Fast Too Soon

When close to half the companies in India have price-to-earnings ratios (or "P/E's") below 34x, you may consider ICRA...
Analysis Article Jul 17

Shareholders Will Probably Hold Off On Increasing ICRA Limited's (NSE:ICRA) CEO Compensation For The Time Being

Key Insights ICRA's Annual General Meeting to take place on 23rd of July Total pay for CEO Ramnath Krishnan includes...
Analysis Article Jan 26

The ICRA Limited (NSE:ICRA) Third-Quarter Results Are Out And Analysts Have Published New Forecasts

ICRA Limited ( NSE:ICRA ) last week reported its latest quarterly results, which makes it a good time for investors to...
Analysis Article Jul 12

ICRA's (NSE:ICRA) Dividend Will Be Increased To ₹130.00

The board of ICRA Limited ( NSE:ICRA ) has announced that it will be paying its dividend of ₹130.00 on the 25th of...
Analysis Article May 27

ICRA's (NSE:ICRA) Dividend Will Be Increased To ₹117.00

ICRA Limited ( NSE:ICRA ) will increase its dividend from last year's comparable payment on the 25th of August to...
Analysis Article Jul 08

ICRA's (NSE:ICRA) Shareholders Will Receive A Bigger Dividend Than Last Year

The board of ICRA Limited ( NSE:ICRA ) has announced that it will be increasing its dividend on the 19th of August to...
Analysis Article May 15

ICRA (NSE:ICRA) Is Increasing Its Dividend To ₹28.00

ICRA Limited's ( NSE:ICRA ) dividend will be increasing on the 19th of August to ₹28.00, with investors receiving 3.7...

Shareholder Returns

ICRAIN Capital MarketsIN Market
7D8.1%0.8%2.0%
1Y-18.0%9.9%3.6%

Return vs Industry: ICRA underperformed the Indian Capital Markets industry which returned 9.9% over the past year.

Return vs Market: ICRA underperformed the Indian Market which returned 3.6% over the past year.

Price Volatility

Is ICRA's price volatile compared to industry and market?
ICRA volatility
ICRA Average Weekly Movement3.1%
Capital Markets Industry Average Movement5.2%
Market Average Movement6.0%
10% most volatile stocks in IN Market9.0%
10% least volatile stocks in IN Market3.7%

Stable Share Price: ICRA has not had significant price volatility in the past 3 months compared to the Indian market.

Volatility Over Time: ICRA's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19911,130Ramnath Krishnanwww.icra.in

ICRA Limited operates as an independent and professional investment information, and credit rating agency in India and internationally. The company operates through Ratings and Ancillary Services; and Research and Analytics segments. It offers research, and industry and economic research; data management and analytics, cash flow waterfall modelling, model validation and testing, credit risk analysis, and business transformation; market data and risk consulting services; and management consulting, and outsourcing and information services.

ICRA Limited Fundamentals Summary

How do ICRA's earnings and revenue compare to its market cap?
ICRA fundamental statistics
Market cap₹47.17b
Earnings (TTM)₹1.95b
Revenue (TTM)₹6.38b
25.3x
P/E Ratio
7.7x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ICRA income statement (TTM)
Revenue₹6.38b
Cost of Revenue₹3.28b
Gross Profit₹3.11b
Other Expenses₹1.15b
Earnings₹1.95b

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

n/a

Earnings per share (EPS)202.94
Gross Margin48.67%
Net Profit Margin30.58%
Debt/Equity Ratio1.6%

How did ICRA perform over the long term?

See historical performance and comparison

Dividends

1.4%
Current Dividend Yield
37%
Payout Ratio

Does ICRA pay a reliable dividends?

See ICRA dividend history and benchmarks
When do you need to buy ICRA by to receive an upcoming dividend?
ICRA dividend dates
Ex Dividend DateJul 23 2026
Dividend Pay DateAug 21 2026
Days until Ex dividend12 days
Days until Dividend pay date17 days

Does ICRA pay a reliable dividends?

See ICRA dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/03 15:31
End of Day Share Price 2026/08/03 00:00
Earnings2026/06/30
Annual Earnings2026/03/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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 Github.

Analyst Sources

ICRA Limited is covered by 10 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.

AnalystInstitution
null null360 ONE Capital Market Private Limited
Pankaj KaduAxis Capital Limited
Dhananjay SinhaEmkay Global Financial Services Ltd.