ICRA Limited

ICRA Limited (ICRA) is a micro-cap Financial Services company valued at ₹4,334 crore operating in Ratings on the NSE and BSE.

Recent price move

ICRA Limited last traded at ₹4,491.2, modestly down 0.32% on the day.

Recent developments

On 2026-10-02, ICRA cut its FY27 farm growth forecast to 1 percent due to the weakest monsoon since 2015. On 2026-09-24, ICRA projected combined AUM of InvITs and REITs to double to nearly Rs 20 trillion by 2030-31. On 2026-08-27, ICRA warned that India Inc’s revenue growth will slow to 13-15% in Q2 and operating profit margins could contract by 100-150 basis points.

Financial performance

The company's business is improving, with annual revenue rising 20.4% and annual net profit growing 6.7%. The latest quarter saw revenue and net profit both rise 31.8% and 31.3% respectively compared to the same quarter a year earlier, though the net profit margin narrowed 3.9 percentage points to 30.4%.

Valuation multiples

The stock trades at 23.8 times earnings, a premium to the Financial Services median of 19.3, 3.87 times book value. It yields 2.2%.

Things to watch

The stock is 34.8% below its 52-week high. The net profit margin narrowed 3.9 percentage points to 30.4%. ICRA warned that operating profit margins could contract by 100-150 basis points year-on-year in Q2.

Where it stands

ICRA's business is growing, with revenue and net profit rising 20.4% and 6.7% annually, and both revenue and net profit up 31.8% and 31.3% in the latest quarter compared to the same quarter a year earlier. The stock is 34.8% below its 52-week high, and the net profit margin narrowed 3.9 percentage points to 30.4%.

Summarised by DocStoX's model on 2026-10-03 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.