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As of 6 Nov 2026, ICDS trades at 92.3× trailing earnings, above the industry P/E of 21.3×, and the shares are 39% below their 52-week high. Sales and net profit grew 4.1% and 42% a year over 3 years; its ROCE of 4.7% is the second-lowest among the 7 largest Real Estate Services peers. It is a small-cap company with a market cap of ₹61 Cr, ranked 36th of 64 Real Estate Services companies by market cap; the shares rose 0.1% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year
Open
₹47.06
Day high
₹47.06
Day low
₹47.06
Prev. close
₹47.06
Volume
100

Health check

2 fair · 4 to check
  • ReturnsIn line

    +0.1% over a year, better than 4 of 7 peers.

  • Price tagPricier

    P/E 92.3 vs industry 21.3.

  • GrowthSlow

    Sales +4.1%, profit +42.1% a year over 3 years.

  • ProfitabilityWeak

    ROCE 4.7% vs peer median 7.6%.

  • Balance sheetFair

    Piotroski 8 of 9.

  • Red flags5 to check

    Return on equity is low at 3.7%.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Real Estate Services

63 listed peers. Screen the industry

Small cap

₹61 Cr, #36 of 64 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Jun 2026: sales ₹3 Cr · profit ₹1 Cr
Market cap
₹61 Cr
Small cap
P/E
92.3
Industry 21.3
Price to book
n/a
Peers 7.92
Dividend yield
0.00%
ROE
3.7%
Peers 10.5%
ROCE
4.7%
Peers 7.6%
Debt to equity
n/a
EPS (TTM)
₹0.51
Face value ₹10
OPM (TTM)
−3.9%
Net margin 0.0%
Sales growth
−20.4%
Latest quarter vs a year ago
Profit growth
−32.1%
Latest quarter vs a year ago
Price to sales
24.06

Strengths and risks

Strengths

  • Positive operating cash flow in each of the last 4 years.

Risks to check

  • Return on equity is low at 3.7%.
  • Quarterly profit down 32.1% on a year ago.
  • Quarterly sales down 20.4% on a year ago.
  • P/E of 92.3 against an industry P/E of 21.3.
  • 39% below its 52-week high.

Derived automatically from reported figures. Not a recommendation.

About ICDS

ICDS Limited engages in trading shares and securities, and mobiles and accessories in India. It also engages in the rental of investment properties; and marketing of life and general insurance products. The company was formerly known as Industrial Credit and Development Syndicate Ltd. and changed its name to ICDS Limited in December 1992. ICDS Limited was incorporated in 1971 and is headquartered in Manipal, India.

Headquarters
Manipal
Sector
Real Estate
ISIN
INE613B01010
Website
icdslimited.com

Price range

52 weeks

₹36.40₹77.69

Today

₹47.06₹47.06
Avg volume (3M)
8.9K
1-year return
plus 0.1%
From 52-week high
minus 39.4%

Peers · Real Estate Services

Capital-heavy industry columns

Compare with peersScreen the whole industry
Company
ABRELAditya Birla Real Estate1,068.40minus 1.99%11,853––−5.2%−3.6%0.79−52.6%minus 41.3%
WEWORKWeWork India Management681.65plus 1.04%9,46695.79.412.3%64.2%16.44–plus 6.7%
SMARTWORKSSmartworks Coworking Spaces515.85plus 4.91%5,90052.49.27.4%65.3%10.2936.2%minus 18.9%
NIRLONNirlon635.00minus 0.57%5,72220.412.623.3%77.4%2.425.4%plus 16.4%
INDIQUBEIndiqube Spaces184.32plus 2.39%3,908–9.95.5%60.8%10.1235.8%minus 15.3%
ELPROINTLElpro International169.55plus 0.26%2,87422.350.57.6%36.2%0.6058.2%plus 60.9%
EFCILEFC (I)165.12plus 0.22%2,4438.38.116.0%44.5%1.73115.7%minus 43.6%
ICDSLTDICDS47.060.00%6192.322.44.7%−3.9%–4.1%plus 0.1%
Median of 7 peers–0.26%5,72222.39.67.6%60.8%2.4236.0%−15.3%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrJun 25Sep 25Dec 25Mar 26Jun 26
0.80.50.60.50.6
0.40.40.310.6
0.40.10.3−0.40
47.4%18.0%44.2%−85.7%1.4%
1.3−0.20.40.11.1
00000
0.10.10.10.10.1
1.5−0.20.5−0.51
10.1%−68.6%13.2%15.3%7.9%
1.4−0.30.5−0.40.9
1.06-0.240.35-0.320.72

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
+4.1%
Profit CAGR 3Y
+42.1%
EPS CAGR 3Y
+42.5%
ROE
3.7%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
2.33.52.32.5
–+55.4%minus 35.7%+12.8%
1.81.41.20.7
0.52.11.11.8
20.6%59.8%47.9%70.9%
0.50.61.12
0.10.10.10.1
0.40.40.40.4
00.11.1−2
0.52.42.91.4
28.7%13.8%52.1%20.2%
0.421.41.1
–+434.9%minus 31.1%minus 22.1%
0.291.561.080.84

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
13131313
12.514.515.916.9
0.30.40.40.2
10.82.82.9
26.828.732.233
3.53.33.23
4.914.55
87.86.27.9
10.416.518.317.1
26.828.732.233

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
6.40.21.11.6
−6.20.2−1.4−0.8
−0.2−0.20.1−0.3
−00.3−0.20.5
−0−0−0.1−0.1
6.40.211.6

Shareholding pattern

Source: NSE filings
51.4%
promoters
  • Promoters51.39%
  • Public48.61%
  • As of 30 Sep 2026
QuarterSplitPromotersPublicPromoter change
30 Sep 202651.39%48.61%0.00
30 Jun 202651.39%48.61%0.00
31 Mar 202651.39%48.61%0.00
31 Dec 202551.39%48.61%0.00
30 Sep 202551.39%48.61%–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you