



Banking And Finance | Small Cap
ICRA Ltd demonstrates strong financial health, driven by excellent solvency, growth, and profitability ratios. The company shows a good capacity to meet its short-term obligations. ICRA maintains a very low level of debt, ensuring financial stability. Revenue, operating profit, and EPS have shown consistent growth, indicating effective management and market positioning. The firm exhibits solid profitability, as reflected in its margins and returns on capital, equity and assets. However, efficiency ratios indicate areas needing attention, particularly concerning fixed asset and capital turnover. Despite these areas, ICRA's strong performance in key areas positions it well for sustained success in the financial services sector.
ICRA Ltd demonstrates strong financial health, driven by excellent solvency, growth, and profitability ratios. The company shows a good capacity to meet its short-term obligations. ICRA maintains a very low level of debt, ensuring financial stability. Revenue, operating profit, and EPS have shown consistent growth, indicating effective management and market positioning. The firm exhibits solid profitability, as reflected in its margins and returns on capital, equity and assets. However, efficiency ratios indicate areas needing attention, particularly concerning fixed asset and capital turnover. Despite these areas, ICRA's strong performance in key areas positions it well for sustained success in the financial services sector.
Overall Valuation Score
Markets Depth NSE
Buy Orders
Bid
Quantity
Orders
No buy depth
Total
0
0
Sell Orders
Ask
Quantity
Orders
No sell depth
Total
0
0
Markets Today NSE
High
0.00
Low
0.00
Open
0.00
Close
0.00
Prev Close
0.00
Avg Price
0.00
Volume
0
Last Traded Quantity
0
Last Traded Time
N/A
Price Movement Indicator
Today's Low: 0.00
Today's High: 0.00
P/E RATIO (TTM)
38.17
Industry Median
24.67
Small Cap Median
22.70
P/E RATIO
26.65
P/B RATIO
4.10
Industry Median
1.69
Small Cap Median
1.67
P/S RATIO
8.02
Industry Median
6.99
Small Cap Median
6.75
Others
PEG RATIO
0.00
EV/EBITDA RATIO
16.98
The Calculations Shown Above Are Based on the Last Traded Price (LTP) of ₹5011.9 as on Sep 1, 2026.
The company exhibits impressive growth across all key metrics, including revenue, operating profit, EPS, assets, and net income. This consistent growth indicates strong market positioning and effective management strategies. The company is well-positioned for continued success and expansion.
| Growth Ratios | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue Growth Rate | 13.95 | 17.49 | 10.67 | 11.66 | 20.48 |
| Operating Profit Growth Rate | 49.38 | 18.18 | 4.2 | 19.46 | 20.79 |
| Earnings Per Share (EPS) Growth | 37.51 | 20.44 | 11.72 | 12.52 | 6.77 |
| Asset Growth Rate | 9.15 | 12.58 | 7.54 | 9.12 | 15.02 |
| Net Income Growth Rate | 37.35 | 20.18 | 10.95 | 12.5 | 7.02 |
Revenue Growth Rate
Operating Profit Growth Rate
Earnings Per Share (EPS) Growth
Asset Growth Rate
Net Income Growth Rate
Peer Comparison empowers investors to evaluate a company against its industry peers using key financial metrics like P/E ratio, EPS, and profit margins. It helps identify whether a company is overvalued, undervalued, or performing in line with competitors. Investors can use this data to spot opportunities, assess risks, and make informed decisions. This contextual view adds depth beyond standalone company analysis.
| NO | Company Name | Health Score | P/E Ratio | Valuation | OPM | EPS | Latest Profit & Loss |
|---|---|---|---|---|---|---|---|
| 1 | ICRA Ltd | 9.12 | 26.65 | Neutral | 215.00 | 131.29 | 183.00 |
| 2 | CMS Info Systems Ltd | 7.76 | 13.44 | Undervalued | 596.00 | 17.79 | 303.00 |
| 3 | Religare Enterprises Ltd | 6.55 | 96.81 | Highly Overvalued | 136.00 | -0.99 | 73.00 |
| 4 | DHANI | N/A | N/A | N/A | N/A | N/A | N/A |
0 Credits RemainingUnlock Deep Technical Insights in Seconds Only with Dhanarthi AI
Overall Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bearish
Market Sentiment
Analysis Driven By 26 Technical Indicators From The 1 Hour Timeframe
Trend Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bearish
Momentum Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bearish
Volatility Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Volume Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
Analyzing moving average trends and crossovers. Green/Red badges indicate if the current condition passes or fails.
Comparing stock price performance (normalized) against benchmark indices over time.
Recent daily trading volume represented as a bar chart, alongside historical averages.
Current closing price relative to the 52-week highest and lowest prices.
No Stock Reports Available at This Moment.
No Stock News Available at This Moment.
ICRA Ltd is a leading Indian credit rating agency providing a comprehensive range of services including credit ratings for debt instruments and bank loans, equity research, and advisory services. A subsidiary of Moody's Corporation, it plays a crucial role in the Indian financial market by offering independent assessments and insights to investors and issuers.
P/E Ratio (TTM): Price to Earnings ratio shows how much an investor pays for every rupee of the company's earnings. ICRA Ltd's P/E ratio (TTM) is 38.17, compared to the industry median of 24.67 and large cap median of 22.70.
P/B Ratio: Price to Book ratio compares a company's market price to its book value per share. ICRA Ltd's P/B ratio is 4.10, compared to the industry median of 1.69 and large cap median of 1.67.
P/S Ratio: Price to Sales ratio compares a company's market value to its total revenue. ICRA Ltd's P/S ratio is 8.02, compared to the industry median of 6.99 and large cap median of 6.75.
PEG Ratio: PEG ratio adjusts the P/E ratio for expected earnings growth. ICRA Ltd's PEG ratio is 2.22.
EV/EBITDA Ratio: This ratio compares a company's enterprise value to its earnings before interest, tax, depreciation, and amortization. ICRA Ltd's EV/EBITDA ratio is 16.98.
Return on Equity (ROE): ROE measures how much profit a company generates from shareholders' invested capital. ICRA Ltd's ROE is 15.50%.
Return on Assets (ROA): ROA measures how efficiently a company converts its assets into net profit. ICRA Ltd's ROA is 14.47%.
Return on Capital Employed (ROCE): ROCE measures how efficiently a company generates profit from all the capital it employs. ICRA Ltd's ROCE is 23%.
Operating Margin: Operating margin shows what percentage of revenue remains after covering operating expenses. ICRA Ltd's operating margin is 35.83%.
Net Margin: Net margin shows what percentage of revenue converts into final net profit. ICRA Ltd's net margin is 30.50%.
Current Ratio: The current ratio measures a company's ability to pay short-term liabilities using short-term assets. ICRA Ltd's current ratio is 1.54.
Debt to Equity Ratio: This ratio shows the proportion of debt a company uses relative to shareholders' equity. ICRA Ltd's debt-to-equity ratio is 0.02.
Interest Coverage Ratio: This ratio shows how easily a company can pay interest on its outstanding debt from its operating earnings. ICRA Ltd's interest coverage ratio is 63.50.
Dividend Per Share (DPS): DPS shows the total dividend paid per share in the latest financial year. ICRA Ltd's DPS is ₹105.32.
Earnings Per Share (EPS): EPS shows how much profit is allocated to each outstanding share. ICRA Ltd's EPS is 6.77.
(Source line: "Ratios as of 21 Oct 2026, based on last traded price of ₹5011.90. Data sourced from BSE/NSE Exchange Filings & Public Terminal Data.")
Founded: 1991 (as Investment Information and Credit Rating Agency of India Limited)
Headquarters: Gurugram, Haryana
Core Offerings: Credit Ratings, Research & Analytics, Consulting, Data Analytics
Stock Listing: NSE (ICRA), BSE (532835)
Promoter: Moody's Investors Service (Mauritius) Private Limited / Moody's Corporation
['- 1991: Incorporated as Investment Information and Credit Rating Agency of India Limited, promoted by leading Indian financial institutions and commercial banks.', '- 1992: Commenced operations, becoming the second credit rating agency in India.', '- 1993: Issued its first rating.', '- 1999: Name changed to ICRA Limited to reflect its broader service offerings beyond just credit information.', "- 2000s onwards: Expanded services to include equity grading, mutual fund ratings, and management consulting. Moody's Investors Service gradually increased its stake, becoming the majority shareholder and promoter.", "- Present Day: Continues to be a dominant player in the Indian credit ratings and research market, leveraging its strong brand and Moody's global expertise."]
| Segment Name | Revenue % | EBITDA |
|---|---|---|
| Ratings Services | 74% | Operating Profit |
| Consulting Services (includes Research & Analytics) | 26% | Operating Profit |
Ratings Services: Provides credit ratings for a wide range of debt instruments, bank loans, corporate governance ratings, and structured finance instruments to over 15,000 entities. Leverages robust methodologies and a large team of experienced analysts to assess creditworthiness across various sectors.
Consulting Services: Offers management consulting, business intelligence, and risk management solutions to clients. This segment includes advisory on strategic growth, market entry, and operational efficiency.
Research & Analytics: Delivers in-depth industry research, economic analysis, and financial market insights to institutional investors, corporates, and government bodies. Includes specialized reports, industry surveys, and custom research assignments.
Data Analytics: Provides data-driven insights and analytical solutions to financial institutions, leveraging proprietary databases and advanced analytical tools to assist in credit assessment and risk management.
Ramnath Krishnan (Managing Director & Group CEO): With over 30 years of experience in the financial services sector, including senior roles at Credit Suisse and Deutsche Bank, he leads ICRA's overall strategy and operations. S. Sivakumar (Chairman): A nominee of Moody's, he brings extensive experience from the global financial services industry to guide ICRA's strategic direction.
['ICRA Analytics Limited (formerly ICRA Online Limited): Provides data analytics, research, and software solutions.', 'ICRA Lanka Limited (Sri Lanka): Operates as a credit rating agency in Sri Lanka.', 'ICRA Nepal Limited (Nepal): Operates as a credit rating agency in Nepal.', 'ICRA Management Consulting Services Limited (IMaCS): Offers management consulting services.']
In February 2023, the Board of Directors approved a share buyback for an aggregate consideration not exceeding ₹200 crore, at a maximum price of ₹5,000 per share, demonstrating confidence in the company's valuation and capital allocation strategy.
The ICRA Ltd share price today is ₹5011.90 on NSE (ICRA), as of 24 Oct 2026.
As of 21 Oct 2026, ICRA Ltd share price is ₹5011.90, with previous close ₹5011.90. Today's range is ₹5011.90 to ₹5011.90. The 52-week range is ₹4198.20 to ₹6500.
As of today, ICRA Ltd's market cap is ₹4,811.42 crore (Small Cap).
ICRA Ltd's current P/E ratio is 38.17, compared to the BANKING AND FINANCE sector average of 26.80.
ICRA Ltd's current P/B ratio is 4.10.
ICRA Ltd's current dividend yield is 2.10%. Last dividend of ₹60.00 per share was declared on 08-May-2024.
ICRA Ltd's EPS (TTM) is ₹6.77.
ICRA Ltd is a leading Indian credit rating agency providing a comprehensive range of services including credit ratings for debt instruments and bank loans, equity research, and advisory services. A subsidiary of Moody's Corporation, it plays a crucial role in the Indian financial market by offering independent assessments and insights to investors and issuers.
ICRA Ltd is promoted by Moody's Investors Service (Mauritius) Private Limited / Moody's Corporation, holding 51.87% as of 21 Oct 2026.
ICRA Ltd is listed on NSE (ICRA) and BSE (532835). Its next quarterly results are expected on July/August 2024 (Q1 FY25).