Icra Ltd Stock Price Today (NSE: ICRA)

Icra Ltd

5153.50110.50 (2.10%)
Market Closed

Fundamental Score

...

Icra Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Icra Ltd share price today is 5153.50, down 2.10% on NSE/BSE as of 18 June 2026. Icra Ltd (ICRA) is a Mid-cap company in the Ratings sector with a market capitalisation of 5.89K (Cr). The 52-week high for ICRA share price is 7130.00 and the 52-week low is 4965.50. At a P/E ratio of 31.30x, ICRA is currently trading above its industry average P/E of 30.25x. The company has a Return on Equity (ROE) of 16.75% and a debt-to-equity ratio of 0.01.

Icra Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
5630.00
Low
5153.50
Volume
5.3K
Change
-1.84%

Icra Ltd share price chart: -1.84% return over the past month. 52-week high ₹7130.00, 52-week low ₹4965.50.

Icra Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
5207.005337.505092.505153.504.94K (Cr)
5418.505449.505245.005264.003.28K (Cr)
5427.005427.005350.005375.005.03K (Cr)
5354.005460.005354.005390.002.54K (Cr)
5480.005480.005361.005381.503.24K (Cr)
5481.005528.505380.505428.504.22K (Cr)
5470.005630.005326.005381.0021.63K (Cr)
5360.005498.505360.005461.502.77K (Cr)
5450.005453.005372.005419.501.31K (Cr)
5401.005500.005401.005416.503.78K (Cr)

Icra Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
5418.505449.505092.505153.50-4.89%
5491.505630.005226.005375.00-2.12%
5099.505556.004965.505422.00+6.32%
5500.005784.004990.005003.00-9.04%
6201.006329.505501.005531.00-10.80%
6111.006500.005843.006306.50+3.20%
6164.006319.005892.006075.50-1.44%
6590.006590.006006.506198.00-5.95%
6369.506620.006151.006424.50+0.86%
6296.006982.006200.006348.00+0.83%
6699.006740.506037.006250.00-6.70%
6769.007130.006384.006628.00-2.08%

AI Research Briefing

Powered by Gemini · 2026-04-08

Decent play on Indian credit, but macro risks and cyclicality are thesis killers.

Research Confidence
6.0/10Moderate
COMPOUNDERNegative. 1M: -5.11%, 3M: -4.56%, 6M: -7.0%Fair. P/E of 31.3x vs Industry P/E of 30.25x

WHAT'S HAPPENING NOW (last 2-4 weeks)

No major catalysts found after live search. The stock is currently

CORE STORY (THE REAL GAME)

ICRA is a play on the Indian credit cycle and infrastructure buildout. Not just a rating agency, but a broader play on risk and analytics solutions after the Fintellix acquisition.

Why Now
  • Kotak upgraded ICRA to 'Add' with a target of ₹7,000
  • Strong GDP growth projections support credit demand
  • Infrastructure buildout drives construction sector growth
Potential Catalysts
  • Faster-than-expected credit growth
  • Successful integration of Fintellix
  • Increased infrastructure spending
Key Risks
  • Cyclical nature of the ratings business
  • Sensitivity to economic downturns
  • Potential for increased competition
Institutional Activity

FII decreased holdings by 1.79%, while DII increased holdings by 1.77%

Macro Context

Moody's projects India to remain the fastest-growing economy among G20 nations, but cut FY27 growth forecast to 6% due to the Iran war.

Cash Flow Quality

Yes. Free Cash Flow 5Y: ₹488.86 Cr

3–6 Month Outlook

ICRA should benefit from India's economic growth and infrastructure development. The Fintellix acquisition provides an opportunity to expand into risk analytics.

Primary Thesis Risk

Economic slowdown kills credit demand and derails growth.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Good

Return on Equity (ROE)

16.75%

Profit generated per ₹1 of shareholder equity

Excellent

Return on Capital (ROCE)

23.13%

Returns generated on total capital deployed

Excellent

Oper. Profit Margin (5Y Avg)

33.71%

Average operating profit margin over 5 years

Dividend Yield

0.98%

Annual dividend as % of current share price

Icra Ltd Valuation Check

Poor

Price to Earnings (P/E)

31.30x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

30.25x

Average P/E of all peers in this sector

Market-cap Classification
Mid-cap
Balance of growth potential and stability.

Shareholding Pattern

Excellent

Promoter Holding

51.87%

% shares held by company founders/management

Average

FII Holding

6.87%

% shares held by foreign institutional investors

Excellent

DII Holding

26.15%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Excellent

Profit Growth (Quarterly YoY)

30.20%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

8.29%

Revenue growth vs same quarter last year

Poor

Revenue Growth (5-Year CAGR)

9.18%

Compounded annual revenue growth over 5 years

Good

EPS Growth (5-Year CAGR)

12.03%

Earnings per share growth over 5 years

Good

Net Profit Growth (5-Year CAGR)

12.03%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.01x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

53.29x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

488.86 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Icra Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of ICRA across key market metrics for learning purposes.

Positive Indicators

10 factors identified

Strong Return on Equity (16.75%)

Observation: Efficient use of shareholders' capital generating superior returns.

Analysis: ROE >15% indicates strong profitability and effective management. This metric suggests the company can generate substantial returns on invested capital.

Excellent ROCE Performance (23.13%)

Observation: Superior returns on capital employed across business operations.

Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.

Strong Operating Margins (33.71%)

Observation: Healthy 5-year operating margins indicate pricing power and cost control.

Analysis: OPM >15% suggests operational efficiency and competitive advantages.

Robust Profit Growth (30.20%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture.

Conservative Debt Levels (D/E: 0.01)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Strong Interest Coverage (53.29x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk.

Strong Cash Generation (₹488.86 Cr over 5Y)

Observation: Healthy free cash flow generation supports growth and returns.

Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.

Balanced Promoter Holding (51.87%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Strong Institutional Confidence (FII+DII: 33.02%)

Observation: Significant professional investor participation.

Analysis: High institutional holding often signals thorough due diligence.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

0 factors identified

No significant concerns identified in current analysis.

Icra Ltd vs Ratings Peers

Peer Comparison - Ratings

Compare Icra Ltd with 1 other companies in the same sector

2 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
63.2/100
5154
₹5885.86
31.3
Average
16.75%
Good
23.13%
Excellent
0.0
Excellent
12.03%
Good
9.18%
Good
0.98%
55.1/100
1659
₹4463.49
29.2
Average
18.02%
Good
24.55%
Excellent
0.0
Excellent
10.75%
Good
10.55%
Good
1.20%

Icra Ltd PE Ratio History

Historical price-to-earnings ratio for ICRA — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 2025176.50₹6075.5034.4x
FY 2024156.99₹6385.9540.7x
FY 2023140.59₹5719.7540.7x
FY 2022116.74₹4585.9039.3x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Icra Ltd Dividend History

Annual cash dividends paid by ICRA — dividend yield 0.98%

Financial YearDividends Paid (₹ Cr)
FY 202597.46 Cr
FY 2024126.35 Cr
FY 202327.89 Cr
FY 202226.45 Cr

Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.

Icra Ltd Quarterly Performance

Latest quarterly metrics for ICRA — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

8.29%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

30.20%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

9.18%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

12.03%

Compounded annual net profit growth over 5 years

Icra Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for ICRA — calculated from daily price history

49RSI 14
Neutral — RSI 49

Momentum is balanced — neither overbought nor oversold.

SMA 50
5332
▼ Price below SMA 50 — Short-term bearish
SMA 200
5949
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
5K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Icra Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Icra Ltd (ICRA) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Icra Ltd

About ICRA (Icra Ltd)

ICRA Limited is a prominent credit rating agency that plays a critical role in the Indian financial landscape, offering independent assessments of creditworthiness to a diverse ran...ge of entities. Its expertise spans various sectors, from infrastructure and manufacturing to financial institutions and government bodies. ICRA meticulously evaluates the financial health and operational capabilities of these entities, assigning ratings that reflect their ability to meet debt obligations in a timely manner. These ratings serve as vital benchmarks for investors, lenders, and market participants, providing crucial insights for informed decision-making and promoting transparency in the credit markets. ICRA's rigorous analysis and comprehensive methodologies contribute significantly to the overall stability and efficiency of the financial system. ICRA's operations extend beyond simple credit ratings. The agency offers a wide range of related services, including risk management solutions, sector-specific studies, and specialized advisory services. These services cater to the evolving needs of businesses and investors, providing them with valuable tools to navigate complex market dynamics and mitigate potential risks. ICRA's team of experienced analysts and industry experts leverage their deep understanding of the Indian economy and global financial trends to deliver insightful and actionable recommendations. By combining its core credit rating expertise with these ancillary services, ICRA strengthens its position as a trusted partner for businesses seeking to enhance their financial performance and manage risk effectively. ICRA's commitment to independence and objectivity is paramount to its credibility and influence. The agency adheres to stringent regulatory standards and maintains a robust internal governance framework to ensure the integrity of its ratings and opinions. ICRA's ratings are widely recognized and respected by investors and market participants, making them an indispensable tool for accessing capital markets and managing financial risk. By providing unbiased and reliable credit assessments, ICRA contributes to a more informed and efficient allocation of capital, fostering sustainable economic growth and promoting financial stability in the Indian market and beyond.

Company Details

Symbol:ICRA
Industry:Ratings
Sector:Ratings

Key Leadership

Mr. Ramnath Krishnan
MD, Group CEO & Director
Mr. Venkatesh Viswanathan
Group CFO & Chief Investor Relations Officer
Mr. S. Shakeb Rahman
Company Secretary & Compliance Officer

Corporate Events

Recent
Ex-Dividend Date

ICRA Share Price: Frequently Asked Questions

What is the current share price of Icra Ltd?

Icra Ltd (ICRA) trades at ₹5153.50 on NSE and BSE. Market cap ₹5.89K (Cr). Educational data only.

What is the P/E ratio of Icra Ltd?

Icra Ltd has a P/E of 31.30x vs industry average 30.25x.

What is the Bull Run score for Icra Ltd?

Icra Ltd has a Bull Run score of 63.2/100 based on 25+ financial parameters.

Does Icra Ltd pay dividends?

Icra Ltd has a dividend yield of 0.98%. Past dividends don't guarantee future payments.

What is the ROE of Icra Ltd?

Icra Ltd has ROE of 16.75%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Icra Ltd?

Icra Ltd has debt-to-equity of 0.01.

Is Icra Ltd a good investment?

Bull Run gives Icra Ltd a score of 63.2/100. This is not investment advice — consult a SEBI-registered advisor.