1Y Annualised Return
▲4.20%
3Y Annualised Return
▲17.16%
5Y Annualised Return
▲18.26%
10Y Annualised Return
▲4.52%
ICRA Stock Performance
|
|
|
ICRA Company background
ICRA Limited
Establishing itself as a leading player of investment information and credit rating services in India, ICRA Limited was founded in 1991. Headquartered in Gurugram, Haryana, ICRA provides solutions such as credit ratings, research, and risk management to investors and businesses, enabling them to make well-informed decisions. Under the leadership of Managing Director Ramnath Krishnan, ICRA continues to set industry benchmarks with its analytical expertise and robust risk assessment services. As a publicly listed company on BSE and NSE, ICRA remains a key player in shaping India's financial landscape.
Rating Services
ICRA's core strength lies in its rating services:
- Corporate Ratings: Assesses credit risk for loans, NCDs, commercial paper
- Bank Loan Ratings: Evaluates risk levels of bank facilities
- Insurance Ratings: Analyzes claims paying ability of insurers
- Mutual Fund Ratings: Rates credit risk levels of debt funds
- Structured Finance: Rates securitized debt, CLOs, other instruments
- Project Finance: Appraises infrastructure and real estate projects
Research Offerings
ICRA provides in-depth research across sectors:
- Industry Research: Detailed studies on trends, outlook, policies
- Equity Research: Fundamental analysis and valuation for listed firms Fixed Income Research: Covers money markets, government securities, bonds
- Economic Research: Tracks macroeconomic indicators, policy changes
Risk Management Solutions
ICRA offers customized risk management services:
- Risk Analytics: Statistical models for credit, market, operational risks
- Risk Advisory: Assistance on risk frameworks, policies, processes
- Regulatory Compliance: Support on RBI, SEBI regulations
- Risk Quantification: Measuring portfolio risk through analysis, modeling
Grading Services
ICRA provides relative rankings for
- Corporate Governance: Evaluates governance standards, practices
- Management Quality: Assesses fund management processes
- Real Estate Projects: Ranks residential projects on various parameters
Technology Solutions
Leveraging technology to deliver insights.
- Analytical Platforms: Applications for portfolio analysis, benchmarking
- Regulatory Platforms: Solutions for regulatory reporting, compliance
- Sector Platforms: Industry data, visualization tools, forecasting models
Financial Performance
CRA Limited has shown consistent financial growth through its strong business model and operational efficiencies. Here is a summary of its recent financial performance:
FY24 Financial Highlights
- Total Revenue: ₹446.1 crore, up 10.6% year-over-year (YoY) from ₹403.2 crore in FY23.
- EBITDA: ₹148.8 crore, reflecting a 4.1% YoY growth.
- Net Profit (PAT): ₹152.24 crore, a 11.3% increase from ₹136.72 crore in FY23.
- EBITDA Margin: Approximately 33%, showcasing operational efficiency.
Q3 FY25 Performance (October–December 2024)
- Revenue from Operations: ₹126.12 crore, a 20% YoY increase from ₹104.85 crore in Q3 FY24.
- Net Profit (PAT): ₹37.1 crore, up 15% YoY from ₹32.15 crore in Q3 FY24.
Key Growth Metrics
3-Year CAGR: Revenue: 14% EBITDA: 15% PAT: 20%
The company has consistently achieved double-digit growth across key financial metrics, reflecting strong demand for its credit rating and analytics services.
Key Drivers
- Growth in the ratings business due to an increase in bond issuances and bank credit.
- Improved profitability in consulting and knowledge services segments.
- Higher operational leverage and cost control measures.
ICRA's consistent financial performance highlights its strong market position and ability to capitalize on favorable industry trends, such as rising credit demand and increased economic activity.
Credit Rating Industry Outlook
India's credit rating industry is poised for robust growth
- Increasing corporate bond issuances
- New complex instruments requiring ratings
- Higher demand for risk management services
- Regulatory push towards greater transparency
- Digital solutions for smarter insights, automation
ICRA is well-positioned to capitalize on these trends.
Competitive Positioning
ICRA enjoys a strong competitive position:
- One of the leading rating agencies in India
- Trusted for timely and accurate ratings
- High sector expertise across industries
- Advanced analytics and technology capabilities
- Strong parentage under Moody's
Growth Strategy
ICRA plans to drive growth through:
- Expanding client base across sectors
- Customizing services for new instruments
- Investing in digital platforms and analytics
- Cross-selling risk management solutions
- Pursuing inorganic opportunities selectively
- Deepening sector expertise through research
- Enhancing rating methodologies leveraging new data sources
Global Partnerships and Market Expansion
Leveraging its relationship with Moody's, its largest shareholder, ICRA has strengthened its global presence and expertise. The technical collaborations and shared best practices have enhanced its analytical capabilities and expanded its service offerings. Strategic partnerships with global data providers like FactSet, Bloomberg, and ICE have provided advanced market data solutions. These initiatives have placed ICRA in a position to serve both domestic and international markets, and it has been growing in areas such as knowledge services, risk management solutions, and regulatory compliance.
Brief Overview
With its strong brand, sector knowledge and technology focus, ICRA is well-poised to maintain leadership in India's evolving credit rating industry. The company's diversified services portfolio and growth strategy provide healthy revenue visibility. ICRA remains a trusted provider of insights and risk assessment services to financial market participants, which positively influences the ICRA share price.
ICRA Financial Highlights
Over the past
ICRA Fundamental
Market Cap (in crs)
6,096.68
Face Value
10
Turnover (in lacs)
146.66
Key Metrics
ICRA Key Financials
| Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|
124.49 Cr | 136.21 Cr | 120.87 Cr | 126.12 Cr | 114.82 Cr |
| Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|
575.43 Cr | 521.08 Cr | 452.78 Cr | 383.68 Cr | 343.91 Cr | 369.06 Cr |
| Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|
42.76 Cr | 55.99 Cr | 42.22 Cr | 37.1 Cr | 35.89 Cr |
| Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|
171.2 Cr | 152.24 Cr | 136.73 Cr | 113.53 Cr | 82.68 Cr | 97.24 Cr |
ICRA Result Highlights
Result Summary
-
ICRA Ltd reported a 0.8% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 12.2%.
-
Its expenses for the quarter were up by 5.8% QoQ and 5.8% YoY.
-
The net profit decreased 9.1% QoQ and increased 19.1% YoY.
-
The earnings per share (EPS) of ICRA Ltd stood at 44 during Q1 FY 2025-26.
Data Source: BSE, Company announcements
The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results.
ICRA Technical Analysis
Moving Averages Analysis
Delivery & Volume
| Period | Combined Delivery Volume | NSE+BSE Traded Volume |
|---|---|---|
Day Rs | 2252 Rs | 4682 Rs |
Week Rs | 1430 Rs | 2836 Rs |
Month Rs | 3153 Rs | 5774 Rs |
Resistance & Support
ICRA Peer comparison
| Index Name | Market Price | Market Cap | 52W Low | 52W High | Prev. Close | 1W Return | 1M Return | 6M Return | 1Y Return | 3Y Return | Dividend Yield | PE Ratio | Industry PE | PB Ratio |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
4,821.29 | 960 | 1964 | 1,607.60 | -4.08% | -10.37% | 31.46% | 60.47% | 216.43% | 1.12% | 31.54 | 48.67 | 5.63 | ||
97.95 | 9,297.03 | 73.5 | 145.53 | 98.28 | 2.06% | -17.90% | -1.46% | 3.99% | 199.17% | 1.48% | 91.11 | 26.80 | 1.69 | |
61.20 | 3,678.99 | 47.05 | 109.88 | 60.85 | 1.04% | -5.34% | -10.37% | 10.34% | 12.81% | 0.00% | 0.00 | 26.80 | 0.63 | |
259.25 | 8,297.75 | 202.52 | 320 | 250.95 | -2.43% | -4.38% | 15.33% | 4.21% | 93.89% | 0.00% | 0.00 | 26.80 | 3.97 | |
5,511.79 | 25.59 | 4045.65 | 3,966.35 | 6.12% | 51.54% | 952.32% | 15,709.50% | 0.00% | 0.00% | 0.00 | 56.77 | 336.00 | ||
442.20 | 7,297.65 | 410.55 | 616.5 | 443.70 | 0.95% | -17.42% | -2.84% | -23.34% | 65.56% | 2.14% | 22.04 | 33.72 | 3.37 |
ICRA Share Price FAQs
What is Share Price of ICRA ?
ICRA share price is ₹6257.50 in NSE and ₹6249.65 in BSE as on 20/8/2025.
How has ICRA shares performed in the past ?
ICRA share price in the past 1-year return was 6.15. The ICRA share hit a 1-year low of Rs. 5015.1 and a 1-year high of Rs. 7735.4.
What is the market cap of ICRA ?
The market cap of ICRA is Rs. 6096.68 Cr. as of 20/8/2025.
What is the current P/E ratio of ICRA ?
The PE ratios of ICRA is 39.36 as of 20/8/2025.
What is the current PB ratio of ICRA ?
The PB ratios of ICRA is 7.51 as of 20/8/2025
What is the Mutual Fund shareholding in ICRA ?
The Mutual Fund Shareholding in ICRA was 17.56% at the end of 20/8/2025.
How to buy ICRA shares?
You can easily buy ICRA shares in Kotak Securities by opening a demat account and getting the KYC documents verified online.
What is the 52-week high and low of ICRA ?
The 52-week high and low of ICRA share price is ₹7735.4 and ₹5015.1 as of 20/8/2025.
What is the EPS of ICRA ?
The earnings per share (EPS) of ICRA stood at 44 during Q1 FY 2025-26.
Please be aware that ICRA stock prices are subject to continuous fluctuations due to various factors.