ICRA (ICRA) share price, P/E, ROE & financials

As of 6 Nov 2026, ICRA trades at 21.4× trailing earnings, below the industry P/E of 38.2×, and the shares are 32% below their 52-week high. Sales and net profit grew 14% and 10% a year over 3 years; its ROCE of 21% is the lowest among its 6 Financial Data & Stock Exchanges peers. It carries very little debt, and its dividend yield is 1.6%. It is a small-cap company with a market cap of ₹4,267 Cr, ranked 7th of 7 Financial Data & Stock Exchanges companies by market cap; the shares fell 30% over the past year.

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

past year

Open: ₹4,499.00
Day high: ₹4,519.90
Day low: ₹4,392.10
Prev. close: ₹4,502.20
Volume: 15K

Health check

2 good · 4 to check

ReturnsBehind
−30.4% over a year, better than 0 of 6 peers.
Price tagCheaper
P/E 21.4 vs industry 38.2.
GrowthSlow
Sales +14.3%, profit +10.3% a year over 3 years.
ProfitabilityWeak
ROCE 20.5% vs peer median 30.6%.
Balance sheetSolid
Practically debt-free, Piotroski 6 of 9.
Red flags1 to check
32% below its 52-week high.

Compared with 6 industry peers. Computed from reported figures. Educational, not a recommendation.

Financial Data & Stock Exchanges

6 listed peers. Screen the industry

Small cap

₹4,267 Cr, #7 of 7 in its industry by size.

Defensive

Beta 0.32 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Sep 2026: sales ₹680 Cr · profit ₹200 Cr

Market cap: ₹4,267 Cr; Small cap
P/E: 21.4; Industry 38.2
Price to book: 3.58; Peers 10.43
Dividend yield: 1.58%
ROE: 17.5%; Peers 27.0%
ROCE: 20.5%; Peers 30.6%
Debt to equity: 0.01; Debt ₹14 Cr
EPS (TTM): ₹207.04; Face value ₹10
OPM (TTM): 36.4%; Net margin 29.4%
Sales growth: +30.2%; Latest quarter vs a year ago
Profit growth: +9.1%; Latest quarter vs a year ago
Price to sales: 6.28; EV/EBITDA 15.0

Strengths

Return on capital employed of 20.5%.
Practically debt-free.
Quarterly sales up 30.2% on a year ago.
Net margin of 29.4%.
P/E of 21.4 against an industry P/E of 38.2.

Risks to check

32% below its 52-week high.

Derived automatically from reported figures. Not a recommendation.

About ICRA

ICRA Limited operates as an independent and professional investment information, and credit rating agency in India and internationally. It offers data and knowledge process operations, digital transformation, data application development, financial intelligence, ESG analytics, and model development services; credit risk solutions and data platforms, including internal rating solution, early warning system, asset classification product, expected credit…

Headquarters: Gurugram
Employees: 1,111
Sector: Financial Services
ISIN: INE725G01011
Website: icra.in

Price range

52 weeks

₹4,198.20₹6,500.00

Today

₹4,392.10₹4,519.90

Avg volume (3M): 27.2K
1-year return: minus 30.4%
From 52-week high: minus 31.8%

Peers · Financial Data & Stock Exchanges

Compare with peers Screen the whole industry

Company
NSENational Stock Exchange of Ind	1,908.35	plus 0.74%	4,72,317	43.1	11.03	30.2%	26.7%	78.3%	–	–	0.00%	plus 5.0%
BSEBSE	3,800.00	plus 0.26%	1,54,329	50.8	16.95	40.9%	38.7%	65.7%	76.5%	124.5%	0.26%	plus 51.8%
MCXMulti Commodity Exchange of India	3,528.00	plus 4.81%	89,793	60.9	18.05	39.0%	44.4%	74.2%	67.8%	107.5%	0.23%	plus 80.5%
CRISILCRISIL	4,395.40	minus 0.75%	32,144	35.9	9.83	31.0%	27.4%	30.5%	9.6%	10.7%	1.55%	minus 7.3%
NSDLNational Securities Depository	764.15	minus 1.25%	15,283	38.2	6.09	21.2%	17.1%	25.4%	14.4%	17.4%	0.52%	minus 29.9%
CARERATINGCARE Ratings	1,564.20	minus 1.50%	4,716	24.5	4.70	24.1%	20.7%	42.5%	19.2%	27.0%	1.28%	minus 1.1%
ICRAICRA	4,431.40	minus 1.57%	4,267	21.4	3.58	20.5%	17.5%	35.4%	14.3%	10.3%	1.58%	minus 30.4%
Median of 6 peers	–	−0.24%	60,968	40.6	10.43	30.6%	27.0%	54.1%	19.2%	27.0%	0.39%	2.0%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Dec 25	Mar 26	Jun 26	Sep 26
124	164	175	163	178
84.7	106	105	108	112
39.7	57.2	69.6	55.1	65.8
31.9%	35.0%	39.8%	33.7%	37.0%
24.4	15.6	14.2	27.6	17.4
1.6	1	0.9	0.4	0.4
4.1	10	10	10.5	10.8
–	−6.9	–	4.4	–
58.4	54.9	72.8	76.1	72
26.7%	28.9%	27.6%	25.8%	27.2%
42.4	38.8	52.5	56.2	52.2
44.05	40.27	54.43	58.27	54.07

Sep 25 not reported by the data source.

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +14.3%
Profit CAGR 3Y: +10.3%
EPS CAGR 3Y: +10.2%
ROE: 17.5%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
401	444	497	598
–	+10.9%	+11.9%	+20.4%
257	291	319	383
143	153	178	216
35.7%	34.5%	35.8%	36.0%
27.2	16.7	18	16.6
1.4	10.4	4.8	4.4
9.8	13.5	16.4	28.3
22.1	53.9	59.2	50.9
181	200	234	250
24.6%	23.8%	26.8%	27.1%
135	151	170	182
–	+11.7%	+12.5%	+6.8%
140.59	156.99	176.50	188.32

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
9.7	9.7	9.7	9.7
941	967	1,044	1,171
13	12.7	13.1	18.4
138	197	228	287
1,101	1,187	1,294	1,486
39.9	40.6	40.4	46
–	0.2	–	0
457	401	32	191
503	575	1,051	807
100	169	171	442
1,101	1,187	1,294	1,486

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
99.3	107	145	157
−76.8	27.5	−16.9	−110
−32.1	−137	−103	−66.9
−9.7	−2.2	24.9	−19.8
−9.1	−6.9	−12.4	−12.5
90.2	100	132	145
−27.9	−126	−97.5	−58.8

Shareholding pattern

Source: NSE filings

51.9%

promoters

Promoters51.87%
Public47.90%
Employee trusts0.23%
As of 30 Sep 2026

Quarter	Promoters	Public	Promoter change
30 Sep 2026	51.87%	47.90%	0.00
30 Jun 2026	51.87%	47.86%	0.00
31 Mar 2026	51.87%	47.85%	0.00
31 Dec 2025	51.87%	47.85%	0.00
30 Sep 2025	51.87%	47.85%	–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you