ICRA LIMITED (ICRA) financials

ICRA LIMITED (ICRA) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

ICRA Limited was set up in 1991 by leading financial/investment institutions, commercial banks and financial services companies as an independent and professional investment Information and Credit Rating Agency.[1]It is involved in rating, management consulting and outsourcing and information services etc.[2]

Market Cap: ₹4,335Cr.
Current Price: ₹4,491
Stock P/E: 33.4
ROE: 15.2%
ROCE: 20.4%
Book Value: ₹917
Dividend Yield: 1.56%
52W High / Low: ₹6,620/4,198

In Jun 2026, ICRA LIMITED (ICRA) reported sales ₹82 Cr and net profit ₹35 Cr.

Annual TTM: sales ₹338 Cr, net profit ₹132 Cr.

Shareholding: Promoters 51.86% (Sep 2026), FIIs 8.01% (Sep 2026), DIIs 20.12% (Sep 2026), Public 19.78% (Sep 2026), Others 0.23% (Sep 2026).

ICRA quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	72	71	81	72	82	85	89	82
Expenses	51	48	44	52	54	53	50	54
Operating Profit	21	23	36	20	28	31	40	27
OPM %	29%	32%	45%	27%	35%	37%	44%	34%
Other Income	46	20	20	22	16	12	12	23
Interest	0	0	0	0	0	0	0	0
Depreciation	2	2	2	2	2	2	2	2
Profit before tax	65	40	53	40	42	41	49	48
Tax %	23%	21%	21%	24%	26%	28%	26%	26%
Net Profit	50	31	42	30	31	29	36	35
EPS in Rs	52.15	32.22	43.57	31.24	32.03	30.32	37.72	36.36
Raw PDF	—	—	—	—	—	—	—	—

ICRA profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	208	181	195	223	251	287	328	338
Expenses	149	139	140	163	184	190	209	211
Operating Profit	59	42	55	60	68	97	119	127
OPM %	28%	23%	28%	27%	27%	34%	36%	37%
Other Income	41	36	45	66	91	102	62	63
Interest	2	2	2	1	4	2	1	1
Depreciation	5	5	5	7	8	8	9	9
Profit before tax	92	72	93	117	147	189	171	179
Tax %	29%	26%	21%	18%	16%	22%	26%	—
Net Profit	65	53	73	96	123	148	127	132
EPS in Rs	67.33	54.86	75.96	99.40	127.61	153.55	131.29	136.43
Dividend Payout %	40%	49%	37%	131%	78%	39%	80%	—

ICRA balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	10	10	10	10	10	10	10	10
Reserves	539	573	605	655	727	732	795	875
Borrowings	0	0	16	14	13	10	11	8
Other Liabilities	99	101	86	88	101	118	137	146
Total Liabilities	647	684	717	767	851	869	953	1,038
Fixed Assets	11	29	25	26	27	23	26	25
CWIP	1	2	2	1	1	1	1	1
Investments	208	131	204	481	658	682	656	739
Other Assets	427	522	486	260	165	163	269	273
Total Assets	647	684	717	767	851	869	953	1,038

ICRA cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	60	3	53	39	53	57	94	102
Cash from Investing Activity	56	24	-12	-14	-24	71	10	-33
Cash from Financing Activity	-120	-38	-30	-30	-31	-130	-101	-63
Net Cash Flow	-4	-11	11	-6	-2	-3	3	7
Free Cash Flow	63	2	53	35	46	53	87	96
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit	106%	52%	170%	112%	128%	126%	133%	120%

ICRA shareholding pattern (%)
Category	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters	51.86%	51.86%	51.86%	51.86%	51.86%	51.86%	51.86%	51.86%
FIIs	9.06%	8.78%	8.66%	6.87%	7.25%	7.92%	6.90%	8.01%
DIIs	23.92%	24.17%	24.38%	26.15%	25.55%	24.51%	24.27%	20.12%
Public	14.82%	14.86%	14.78%	14.82%	15.06%	15.41%	16.70%	19.78%
Others	0.32%	0.32%	0.32%	0.29%	0.29%	0.29%	0.27%	0.23%
No. of Shareholders	19,757	20,521	21,176	21,818	21,929	22,189	23,802	27,725

ICRA key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	31	59	32	19	21	34	34	31
Inventory Days	—	—	—	—	—	—	—	—
Days Payable	—	—	—	—	—	—	—	—
Cash Conversion Cycle	31	59	32	19	21	34	34	31
Working Capital Days	-81	-35	-113	-108	-131	-124	-121	-69
ROCE %	23%	17%	12%	14%	17%	20%	24%	20%

ICRAUpdated 20 Oct 2026, 23:59

Icra Limited

ICRAUpdated 20 Oct 2026, 23:59

Market Cap

₹4,335Cr.

Current Price

₹4,491

High / Low

₹6,620/4,198

Stock P/E

33.4

ROE15.2%

ROCE20.4%

Book Value₹917

Face Value₹10.0

Dividend Yield1.56%

About

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	58	0	42	16	2	30	13	26	26.98
Sep 2023	58	0	44	41	2	53	18	43	44.91
Dec 2023	64	3	52	16	2	23	13	20	20.93
Mar 2024	70	0	44	18	2	41	18	34	34.78
Jun 2024	63	0	46	17	2	31	21	25	25.61
Sep 2024	72	0	51	46	2	65	23	50	52.15
Dec 2024	71	0	48	20	2	40	21	31	32.22
Mar 2025	81	0	44	20	2	53	21	42	43.57
Jun 2025	72	0	52	22	2	40	24	30	31.24
Sep 2025	82	0	54	16	2	42	26	31	32.03
Dec 2025	85	0	53	12	2	41	28	29	30.32
Mar 2026	89	0	50	12	2	49	26	36	37.72
Jun 2026	82	0	54	23	2	48	26	35	36.36

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	181	0	129	28	4	76	34	50	50.42
Mar 2016	195	0	118	20	4	94	35	61	61.47
Mar 2017	211	0	129	56	3	134	27	98	98.77
Mar 2018	222	0	124	51	3	146	31	100	101.3
Mar 2019	230	0	141	45	2	131	27	96	99.44
Mar 2020	208	2	149	41	5	92	29	65	67.33
Mar 2021	181	2	139	36	5	72	26	53	54.86
Mar 2022	195	2	140	45	5	93	21	73	75.96
Mar 2023	223	1	163	66	7	117	18	96	99.4
Mar 2024	251	4	184	91	8	147	16	123	127.61
Mar 2025	287	2	190	102	8	189	22	148	153.55
Mar 2026	328	1	209	62	9	171	26	127	131.29
TTM	338	1	211	63	9	179	—	132	136.43

Shareholding pattern

As of Sep 2026%

Holder	Share
Promoters	51.86%
FIIs	8.01%
DIIs	20.12%
Public	19.78%
Others	0.23%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Public	Others
Dec 2023	51.86%	8.22%	24.21%	15.38%	0.33%
Mar 2024	51.86%	8.42%	24.05%	15.34%	0.33%
Jun 2024	51.86%	8.59%	23.6%	15.62%	0.33%
Sep 2024	51.86%	8.77%	24.09%	14.94%	0.32%
Dec 2024	51.86%	9.06%	23.92%	14.82%	0.32%
Mar 2025	51.86%	8.78%	24.17%	14.86%	0.32%
Jun 2025	51.86%	8.66%	24.38%	14.78%	0.32%
Sep 2025	51.86%	6.87%	26.15%	14.82%	0.29%
Dec 2025	51.86%	7.25%	25.55%	15.06%	0.29%
Mar 2026	51.86%	7.92%	24.51%	15.41%	0.29%
Jun 2026	51.86%	6.9%	24.27%	16.7%	0.27%
Sep 2026	51.86%	8.01%	20.12%	19.78%	0.23%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2015	10	367	0	117	494	17	0	344	134	494
Mar 2016	10	398	0	125	534	15	0	271	247	534
Mar 2017	10	492	0	93	595	13	0	337	245	595
Mar 2018	10	561	0	94	664	12	0	365	287	664
Mar 2019	10	539	0	99	647	11	1	208	427	647
Mar 2020	10	573	0	101	684	29	2	131	522	684
Mar 2021	10	605	16	86	717	25	2	204	486	717
Mar 2022	10	655	14	88	767	26	1	481	260	767
Mar 2023	10	727	13	101	851	27	1	658	165	851
Mar 2024	10	732	10	118	869	23	1	682	163	869
Mar 2025	10	795	11	137	953	26	1	656	269	953
Mar 2026	10	875	8	146	1038	25	1	739	273	1038

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	58	-29	-27	2
Mar 2016	56	-31	-29	-4
Mar 2017	45	24	-68	1
Mar 2018	52	-7	-31	14
Mar 2019	60	56	-120	-4
Mar 2020	3	24	-38	-11
Mar 2021	53	-12	-30	11
Mar 2022	39	-14	-30	-6
Mar 2023	53	-24	-31	-2
Mar 2024	57	71	-130	-3
Mar 2025	94	10	-101	3
Mar 2026	102	-33	-63	7

Key ratios

Historical financial ratios

Category	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	44	31	32	36	31	59	32	19	21	34	34	31
Inventory Days	—	—	—	—	—	—	—	—	—	—	—	—
Days Payable	—	—	—	—	—	—	—	—	—	—	—	—
Cash Conversion Cycle	44	31	32	36	31	59	32	19	21	34	34	31
Working Capital Days	-165	-166	-99	-80	-81	-35	-113	-108	-131	-124	-121	-69
ROCE %	18%	22%	28%	26%	23%	17%	12%	14%	17%	20%	24%	20%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of ICRA LIMITED (ICRA)?

The reported market capitalisation for ICRA LIMITED (ICRA) is ₹4,335Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of ICRA?

The current price shown for ICRA LIMITED (ICRA) on Fincrux is ₹4,491 with a 52-week high/low of ₹6,620/4,198.

What is the P/E ratio of ICRA LIMITED (ICRA)?

The stock P/E for ICRA LIMITED (ICRA) is 33.4 on Fincrux, with ROE at 15.2% and ROCE at 20.4%.

What were ICRA latest quarterly results?

For Jun 2026, ICRA LIMITED (ICRA) reported sales ₹82 Cr and net profit ₹35 Cr (figures in ₹ crore unless noted).

What are ICRA annual sales and net profit?

For TTM, ICRA LIMITED (ICRA) shows sales of ₹338 Cr and net profit of ₹132 Cr on the Fincrux profit & loss statement.

Who owns ICRA LIMITED (ICRA)?

Latest shareholding for ICRA LIMITED (ICRA) on Fincrux: Promoters 51.86% (Sep 2026), FIIs 8.01% (Sep 2026), DIIs 20.12% (Sep 2026), Public 19.78% (Sep 2026), Others 0.23% (Sep 2026).

Where can I find ICRA LIMITED (ICRA) financials?

ICRA LIMITED (ICRA) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show ICRA balance sheet and cash flow?

Yes. The ICRA LIMITED (ICRA) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 20 October 2026 at 23:59