ICRA, 532835, ICRA Share Price, Rating, Research, Analysis, Fundamental & Historical Data

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

6,649.65
39.11
10

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

6,369.28
0.87%
6.31

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

10 Years
5 Years
3 Years

3.32
6.80
9.18

EBITDA CAGR (%)

10 Years
5 Years
3 Years

5.47
9.19
4.29

PAT CAGR (%)

10 Years
5 Years
3 Years

8.73
9.45
10.40

P:E (Median)

8 Years
5 Years
3 Years

34.98
35.57
35.86

P:BV (Average)

8 Years
5 Years
3 Years

5.03
4.98
5.52

EV:EBITDA (Average)

8 Years
5 Years
3 Years

21.17
22.22
23.84

Earnings Forecasts:

(Updated: 06-06-2025)

Description 2024 2025 2026 2027
Adj EPS 157.07 176.73 199.33 226.28
P/E Ratio 43.85 38.97 34.56 30.44
Revenue 444 498 558 626
EBITDA 149 178 197 225
Net Income 151 170 192 218
ROA 13.2 13.7
P/B Ratio 8.97 6.31 5.86 8.00
ROE 15.68 16.75 17.51 23.89
FCFF 123 145 159 181
FCFF Yield 2.38 2.81 3.07 3.49
Net Debt -566 -1040
BVPS 768.23 1091.29 1175.48 861.48

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone

Description Mar 25 Mar 24 Var% Dec 24 Dec 23 Var% Sep 24 Sep 23 Var% Jun 24 Jun 23 Var%
Net Sales 80.62 70.49 14.37% 70.83 64.36 10.05% 72.08 58.23 23.78% 63.20 58.16 8.67%
Expenses 44.48 44.41 0.16% 48.30 52.43 -7.88% 50.90 44.36 14.74% 46.50 42.41 9.64%
EBITDA 36.14 26.08 38.57% 22.52 11.93 88.77% 21.18 13.87 52.70% 16.70 15.75 6.03%
EBIDTM 44.83% 37.00% 31.80% 18.53% 29.38% 23.82% 26.43% 27.08%
Other Income 19.63 17.64 11.28% 19.56 16.07 21.72% 46.16 41.10 12.31% 16.71 16.16 3.40%
Interest 0.45 0.44 2.27% 0.46 2.70 -82.96% 0.42 0.31 35.48% 0.39 0.32 21.88%
Depreciation 2.18 2.19 -0.46% 2.07 2.09 -0.96% 1.96 2.04 -3.92% 1.71 1.67 2.40%
PBT 53.14 41.09 29.33% 39.55 23.20 70.47% 64.96 52.63 23.43% 31.31 29.92 4.65%
Tax 11.08 7.52 47.34% 8.45 3.00 181.67% 14.63 9.28 57.65% 6.60 3.88 70.10%
PAT 42.05 33.56 25.30% 31.10 20.21 53.88% 50.33 43.34 16.13% 24.72 26.04 -5.07%
PATM 52.16% 47.62% 43.91% 31.40% 69.82% 74.44% 39.11% 44.78%
EPS 43.35 34.60 25.29% 32.06 20.83 53.91% 51.88 44.69 16.09% 25.48 26.85 -5.10%

Description Mar 25 Mar 24 Var% Dec 24 Dec 23 Var% Sep 24 Sep 23 Var% Jun 24 Jun 23 Var%
Net Sales 136.21 123.97 9.87% 120.87 114.59 5.48% 126.12 104.85 20.29% 114.82 102.72 11.78%
Expenses 77.05 74.12 3.95% 78.71 84.34 -6.68% 84.86 70.80 19.86% 79.64 68.09 16.96%
EBITDA 59.16 49.85 18.68% 42.16 30.24 39.42% 41.26 34.05 21.17% 35.18 34.62 1.62%
EBIDTM 43.43% 40.21% 34.88% 26.39% 32.72% 32.48% 30.64% 33.71%
Other Income 20.62 23.68 -12.92% 18.85 17.17 9.78% 20.04 16.36 22.49% 17.89 17.76 0.73%
Interest 1.24 6.93 -82.11% 1.07 2.85 -62.46% 0.34 0.31 9.68% 2.15 0.32 571.88%
Depreciation 4.48 4.47 0.22% 4.19 3.84 9.11% 4.01 2.84 41.20% 3.71 2.32 59.91%
PBT 74.06 62.13 19.20% 55.75 40.73 36.88% 56.95 47.27 20.48% 47.21 49.74 -5.09%
Tax 18.07 15.07 19.91% 13.53 8.32 62.62% 19.85 15.12 31.28% 11.32 9.11 24.26%
PAT 55.99 47.06 18.98% 42.22 32.41 30.27% 37.11 32.14 15.46% 35.89 40.63 -11.67%
PATM 41.10% 37.96% 34.93% 28.29% 29.42% 30.66% 31.26% 39.55%
EPS 57.75 48.56 18.93% 43.55 33.31 30.74% 38.05 32.92 15.58% 36.80 41.76 -11.88%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone

Description TTM Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15
Net Sales 286.73 251.24 222.54 194.73 181.27 207.78 230.14 222.13 210.90 195.37 181.25 Net Sales Growth 14.13% 12.90% 14.28% 7.43% -12.76% -9.72% 3.61% 5.32% 7.95% 7.79% Cost Of Goods Sold 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Gross Profit 286.73 251.24 222.54 194.73 181.27 207.78 230.14 222.13 210.90 195.37 181.25 GP Margin 100.00% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% Total Expenditure 190.18 198.58 162.60 139.95 138.95 149.27 141.13 124.33 129.23 117.96 114.83 Power & Fuel Cost - 0.66 0.70 0.40 0.34 0.77 0.83 0.88 1.10 1.35 1.22 % Of Sales - 0.26% 0.31% 0.21% 0.19% 0.37% 0.36% 0.40% 0.52% 0.69% 0.67% Employee Cost - 145.21 123.43 111.45 110.04 105.11 107.42 95.33 90.80 83.33 76.24 % Of Sales - 57.80% 55.46% 57.23% 60.71% 50.59% 46.68% 42.92% 43.05% 42.65% 42.06% Manufacturing Exp. - 16.14 11.31 9.28 7.85 6.94 5.68 4.96 4.22 3.35 2.70 % Of Sales - 6.42% 5.08% 4.77% 4.33% 3.34% 2.47% 2.23% 2.00% 1.71% 1.49% General & Admin Exp. - 18.66 18.12 14.92 17.82 30.91 22.15 19.39 25.36 21.15 24.93 % Of Sales - 7.43% 8.14% 7.66% 9.83% 14.88% 9.62% 8.73% 12.02% 10.83% 13.75% Selling & Distn. Exp. - 0.03 0.03 0.03 0.03 0.03 0.06 0.09 0.09 0.04 0.10 % Of Sales - 0.01% 0.01% 0.02% 0.02% 0.01% 0.03% 0.04% 0.04% 0.02% 0.06% Miscellaneous Exp. - 17.89 9.01 3.87 2.88 5.51 4.99 3.69 7.67 8.75 0.10 % Of Sales - 7.12% 4.05% 1.99% 1.59% 2.65% 2.17% 1.66% 3.64% 4.48% 5.32% EBITDA 96.54 52.66 59.94 54.78 42.32 58.51 89.01 97.80 81.67 77.41 66.42 EBITDA Margin 33.67% 20.96% 26.93% 28.13% 23.35% 28.16% 38.68% 44.03% 38.72% 39.62% 36.65% Other Income 102.06 105.94 65.57 45.42 36.32 40.57 44.53 50.74 48.83 23.69 24.93 Interest 1.72 3.77 1.34 1.51 1.73 1.66 0.03 0.03 0.04 0.00 0.00 Depreciation 7.92 7.99 7.03 5.34 5.25 5.38 2.43 2.66 3.20 3.56 3.69 PBT 188.96 146.84 117.13 93.35 71.66 92.05 131.07 145.84 127.25 97.54 87.65 Tax 40.76 23.68 21.20 20.04 18.72 27.07 35.09 45.52 36.09 32.62 25.71 Tax Rate 21.57% 16.13% 18.10% 21.47% 26.12% 29.41% 26.77% 31.21% 26.92% 34.67% 33.77% PAT 148.20 123.16 95.93 73.31 52.95 64.98 95.97 100.32 97.97 61.47 50.42 PAT before Minority Interest 148.20 123.16 95.93 73.31 52.95 64.98 95.97 100.32 97.97 61.47 50.42 Minority Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin 51.69% 49.02% 43.11% 37.65% 29.21% 31.27% 41.70% 45.16% 46.45% 31.46% 27.82% PAT Growth 20.34% 28.39% 30.86% 38.45% -18.51% -32.29% -4.34% 2.40% 59.38% 21.92% EPS 152.78 126.97 98.90 75.58 54.59 66.99 98.94 103.42 101.00 63.37 51.98

Description TTM Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15
Net Sales 498.02 446.11 403.23 342.81 301.06 321.09 328.06 308.87 333.03 341.15 321.91 Net Sales Growth 11.63% 10.63% 17.62% 13.87% -6.24% -2.12% 6.21% -7.25% -2.38% 5.98% Cost Of Goods Sold 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Gross Profit 498.02 446.11 403.23 342.81 301.06 321.09 328.06 308.87 333.03 341.15 321.91 GP Margin 100.00% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% Total Expenditure 320.26 297.35 260.32 222.22 219.93 225.25 215.12 193.79 231.77 240.16 234.61 Power & Fuel Cost - 1.53 1.40 0.90 0.89 1.97 2.12 2.18 2.55 3.03 2.55 % Of Sales - 0.34% 0.35% 0.26% 0.30% 0.61% 0.65% 0.71% 0.77% 0.89% 0.79% Employee Cost - 240.36 207.56 179.25 171.70 161.67 160.80 142.53 156.41 158.87 147.43 % Of Sales - 53.88% 51.47% 52.29% 57.03% 50.35% 49.02% 46.15% 46.97% 46.57% 45.80% Manufacturing Exp. - 23.32 15.10 13.95 13.18 16.06 10.91 10.86 21.52 27.25 24.15 % Of Sales - 5.23% 3.74% 4.07% 4.38% 5.00% 3.33% 3.52% 6.46% 7.99% 7.50% General & Admin Exp. - 27.16 27.22 22.38 24.51 39.23 32.48 29.55 38.13 36.42 40.97 % Of Sales - 6.09% 6.75% 6.53% 8.14% 12.22% 9.90% 9.57% 11.45% 10.68% 12.73% Selling & Distn. Exp. - 0.26 0.30 0.23 0.19 0.10 0.08 0.10 0.15 0.04 0.11 % Of Sales - 0.06% 0.07% 0.07% 0.06% 0.03% 0.02% 0.03% 0.05% 0.01% 0.03% Miscellaneous Exp. - 4.71 8.75 5.52 9.46 6.22 8.73 8.57 13.00 14.56 0.11 % Of Sales - 1.06% 2.17% 1.61% 3.14% 1.94% 2.66% 2.77% 3.90% 4.27% 6.03% EBITDA 177.76 148.76 142.91 120.59 81.13 95.84 112.94 115.08 101.26 100.99 87.30 EBITDA Margin 35.69% 33.35% 35.44% 35.18% 26.95% 29.85% 34.43% 37.26% 30.41% 29.60% 27.12% Other Income 77.40 74.97 49.55 40.88 42.85 47.97 44.80 49.36 39.59 27.13 28.90 Interest 4.80 10.41 1.41 1.56 2.06 2.04 0.07 0.10 0.04 0.55 1.98 Depreciation 16.39 13.46 9.83 7.81 9.92 10.29 5.62 7.53 8.54 9.58 9.65 PBT 233.97 199.86 181.22 152.09 112.01 131.48 152.04 156.80 132.28 118.00 104.57 Tax 62.77 47.62 44.49 38.55 29.32 34.24 46.09 55.62 43.50 41.57 34.85 Tax Rate 26.83% 23.83% 24.55% 25.35% 26.18% 26.04% 30.31% 35.47% 32.88% 35.23% 34.70% PAT 171.21 151.09 135.24 112.29 81.66 96.18 105.41 100.69 88.57 76.24 65.45 PAT before Minority Interest 170.01 152.24 136.73 113.53 82.68 97.24 105.95 101.18 88.78 76.43 65.58 Minority Interest -1.20 -1.15 -1.49 -1.24 -1.02 -1.06 -0.54 -0.49 -0.21 -0.19 -0.13 PAT Margin 34.38% 33.87% 33.54% 32.76% 27.12% 29.95% 32.13% 32.60% 26.60% 22.35% 20.33% PAT Growth 12.46% 11.72% 20.44% 37.51% -15.10% -8.76% 4.69% 13.68% 16.17% 16.49% EPS 176.51 155.76 139.42 115.76 84.19 99.15 108.67 103.80 91.31 78.60 67.47

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone

Description Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15
Shareholder's Funds 741.43 736.59 664.78 614.58 582.53 548.25 570.86 501.84 408.36 376.99 Share Capital 9.65 9.65 9.65 9.65 9.65 9.65 9.90 9.90 10.00 10.00 Total Reserves 730.28 726.93 655.13 604.93 572.88 538.59 559.98 489.83 393.58 361.26 Non-Current Liabilities 350.33 329.88 294.45 340.96 316.44 266.32 257.72 222.57 193.68 166.21 Secured Loans 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Unsecured Loans 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Long Term Provisions 344.54 320.91 286.31 330.77 304.73 268.83 259.35 224.65 196.81 168.05 Current Liabilities 138.57 121.75 153.08 104.71 109.57 129.16 135.60 124.75 149.33 136.56 Trade Payables 5.07 5.57 6.37 3.34 9.39 4.77 3.39 5.35 3.46 1.43 Other Current Liabilities 74.68 68.93 56.64 62.29 58.01 69.05 65.38 64.45 63.57 56.67 Short Term Borrowings 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Short Term Provisions 58.82 47.25 90.08 39.09 42.17 55.34 66.83 54.95 82.30 78.46 Total Liabilities 1,230.33 1,188.22 1,112.31 1,060.25 1,008.54 943.73 964.18 849.16 751.37 679.76 Net Block 23.14 26.83 25.53 24.88 28.82 10.68 12.14 12.99 15.49 16.69 Gross Block 52.87 51.75 47.31 41.47 41.04 17.84 17.36 16.11 39.72 40.33 Accumulated Depreciation 29.73 24.92 21.78 16.59 12.22 7.16 5.23 3.12 24.22 23.64 Non Current Assets 824.74 814.61 747.53 669.24 404.17 449.18 584.22 421.73 492.99 439.16 Capital Work in Progress 0.91 1.23 0.55 2.33 1.88 1.27 0.00 0.00 0.00 0.00 Non Current Investment 425.55 444.51 418.58 184.68 51.19 130.94 266.37 160.22 254.03 235.09 Long Term Loans & Adv. 370.69 341.58 301.46 341.96 314.42 278.37 269.95 238.15 206.48 179.27 Other Non Current Assets 4.45 0.46 1.41 115.41 7.86 27.92 35.76 10.37 16.99 8.11 Current Assets 405.61 373.61 364.79 391.01 604.37 494.54 379.96 427.44 258.39 240.59 Current Investments 256.72 213.28 62.15 19.00 79.70 77.48 98.72 176.99 17.00 108.50 Inventories 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sundry Debtors 23.09 12.77 10.21 15.99 33.39 19.43 21.73 18.56 16.49 21.61 Cash & Bank 95.37 118.52 207.22 323.41 435.24 338.94 194.54 183.13 181.09 77.59 Other Current Assets 30.42 6.81 18.95 14.04 56.03 58.70 64.96 48.77 43.82 32.88 Short Term Loans & Adv. 22.42 22.22 66.26 18.57 28.27 34.48 50.69 35.80 34.08 30.44 Net Current Assets 267.03 251.85 211.71 286.30 494.80 365.38 244.36 302.68 109.05 104.03 Total Assets 1,230.35 1,188.22 1,112.32 1,060.25 1,008.54 943.72 964.18 849.17 751.38 679.75

Description Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15
Shareholder's Funds 976.49 950.28 843.61 757.73 701.61 640.87 655.02 548.99 476.24 428.78 Share Capital 9.65 9.65 9.65 9.65 9.65 9.65 9.90 9.90 10.00 10.00 Total Reserves 965.33 940.63 833.96 748.08 691.96 631.22 644.14 536.97 461.46 413.05 Non-Current Liabilities 52.16 11.86 10.63 13.11 19.89 4.13 4.13 1.40 7.13 19.56 Secured Loans 1.02 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Unsecured Loans 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 9.60 Long Term Provisions 4.11 2.73 3.11 3.40 7.08 5.90 5.37 5.03 12.21 12.39 Current Liabilities 152.07 131.74 115.49 116.11 115.02 118.60 106.79 104.81 136.99 129.55 Trade Payables 7.48 8.38 9.24 7.80 15.52 10.46 7.71 8.39 9.14 7.08 Other Current Liabilities 92.50 80.91 68.99 78.14 72.80 79.24 72.80 69.98 75.62 68.01 Short Term Borrowings 0.49 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Short Term Provisions 51.59 42.45 37.26 30.17 26.69 28.90 26.29 26.44 52.23 54.47 Total Liabilities 1,185.21 1,098.53 973.84 890.24 839.11 765.33 767.27 656.15 621.16 578.51 Net Block 91.32 47.10 45.60 46.45 54.50 33.84 36.48 36.55 91.94 91.16 Gross Block 144.35 91.58 85.38 79.62 82.37 52.20 50.02 43.12 143.96 137.66 Accumulated Depreciation 53.03 44.48 39.78 33.17 27.88 18.36 13.54 6.57 52.01 46.50 Non Current Assets 527.56 533.09 537.90 395.25 118.95 201.63 365.55 212.26 302.30 277.21 Capital Work in Progress 0.91 1.34 1.55 3.41 2.04 1.40 0.20 0.81 0.71 0.36 Non Current Investment 390.20 425.15 391.66 157.76 24.27 104.02 239.45 133.30 167.44 148.50 Long Term Loans & Adv. 33.24 26.07 20.14 15.51 16.25 16.58 18.15 20.52 23.41 26.20 Other Non Current Assets 11.90 33.42 78.95 172.12 21.89 45.80 71.27 21.08 18.80 11.00 Current Assets 657.64 565.45 435.95 494.99 720.16 563.70 401.73 443.90 318.85 301.29 Current Investments 423.24 263.36 62.15 19.00 79.70 77.48 99.03 177.30 17.31 108.81 Inventories 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sundry Debtors 53.01 38.05 26.50 47.51 57.19 33.81 40.60 33.95 47.83 53.70 Cash & Bank 155.54 241.50 310.13 399.45 526.79 407.49 230.59 202.59 225.89 119.63 Other Current Assets 25.85 17.55 34.35 21.50 56.47 44.93 31.51 30.06 27.82 19.14 Short Term Loans & Adv. 10.23 4.99 2.81 7.54 13.68 6.56 6.33 4.35 6.58 7.53 Net Current Assets 505.57 433.70 320.45 378.88 605.14 445.10 294.93 339.08 181.86 171.74 Total Assets 1,185.20 1,098.54 973.85 890.24 839.11 765.33 767.28 656.16 621.15 578.50

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone

Description Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15
Cash From Operating Activity 56.56 52.54 38.64 52.78 2.97 60.41 52.25 45.38 55.57 57.81 PBT 146.84 117.13 93.35 71.66 92.05 131.07 145.84 134.07 94.08 76.13 Adjustment -66.53 -47.53 -36.97 -26.18 -27.57 -40.64 -47.09 -47.39 -11.06 -7.49 Changes in Working Capital 5.06 7.30 5.24 26.38 -33.94 4.34 -2.66 -6.42 5.77 15.49 Cash after chg. in Working capital 85.37 76.90 61.63 71.87 30.55 94.76 96.09 80.26 88.79 84.13 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -28.80 -24.36 -22.99 -19.09 -27.58 -34.35 -43.84 -34.88 -33.22 -26.32 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity 70.67 -23.51 -14.12 -11.79 24.28 56.03 -6.70 23.68 -30.75 -29.30 Net Fixed Assets -0.80 -5.12 -4.06 -0.88 -23.81 -1.75 -1.25 23.61 0.61 -2.72 Net Investments -24.48 -177.06 -277.05 -72.79 77.53 156.67 -27.88 -66.18 72.56 28.40 Others 95.95 158.67 266.99 61.88 -29.44 -98.89 22.43 66.25 -103.92 -54.98 Cash from Financing Activity -129.89 -31.10 -30.13 -29.95 -38.43 -120.11 -31.09 -68.13 -28.89 -26.91 Net Cash Inflow / Outflow -2.66 -2.07 -5.61 11.04 -11.18 -3.68 14.45 0.93 -4.08 1.61 Opening Cash & Equivalents 4.84 6.91 12.52 1.48 12.66 16.34 1.89 0.96 5.04 3.43 Closing Cash & Equivalent 2.18 4.84 6.91 12.52 1.48 12.66 16.34 1.89 0.96 5.04

Description Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15
Cash From Operating Activity 107.01 99.26 96.66 76.38 21.32 80.85 61.90 63.40 71.19 68.06 PBT 199.86 181.22 152.09 112.01 131.48 152.04 156.80 132.28 118.00 100.43 Adjustment -51.31 -32.28 -30.71 -26.47 -33.51 -36.30 -36.08 -20.99 -6.40 -4.99 Changes in Working Capital 9.30 -2.08 16.74 20.91 -41.21 6.88 -7.81 -5.19 3.25 4.31 Cash after chg. in Working capital 157.85 146.85 138.11 106.45 56.76 122.62 112.92 106.11 114.85 99.76 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -50.84 -47.60 -41.45 -30.06 -35.44 -41.77 -51.02 -42.71 -43.66 -31.70 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity 27.49 -76.84 -71.86 -32.11 11.15 44.71 -53.77 10.21 -41.48 -32.23 Net Fixed Assets -0.80 -5.12 -4.06 -0.88 -23.81 -1.75 -1.25 23.61 0.61 -2.72 Net Investments -24.48 -177.06 -277.05 -72.79 77.53 156.67 -27.88 -66.18 72.56 28.40 Others 52.77 105.34 209.25 41.56 -42.57 -110.21 -24.64 52.78 -114.65 -57.91 Cash from Financing Activity -136.71 -32.13 -31.32 -32.03 -40.68 -120.94 4.14 -68.89 -39.57 -28.89 Net Cash Inflow / Outflow -2.21 -9.71 -6.52 12.24 -8.21 4.62 12.27 4.72 -9.86 6.95 Opening Cash & Equivalents 12.16 21.92 28.45 16.21 24.42 19.80 7.53 24.54 33.22 26.53 Closing Cash & Equivalent 9.98 12.16 21.92 28.45 16.21 24.42 19.80 7.53 24.46 33.48

Financial Ratios

Consolidated /

Standalone

Description Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15
Book Value (Rs.) 766.67 763.21 688.81 636.79 603.58 568.06 575.44 504.61 403.58 371.26 ROA 10.18% 8.34% 6.75% 5.12% 6.66% 10.06% 11.06% 12.24% 8.59% 7.99% ROE 16.68% 13.69% 11.46% 8.85% 11.49% 17.17% 18.76% 21.69% 15.87% 14.01% ROCE 20.38% 16.91% 14.83% 12.26% 16.58% 23.43% 27.20% 29.47% 23.96% 20.78% Fixed Asset Turnover 4.80 4.49 4.39 4.39 7.06 13.07 13.27 7.56 4.88 4.65 Receivable days 26.05 18.85 24.55 49.72 46.39 32.64 33.10 30.32 35.59 33.56 Inventory Days 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Payable days 0.00 0.00 0.00 0.00 21.65 12.71 15.25 16.06 9.68 5.37 Cash Conversion Cycle 26.05 18.85 24.55 49.72 24.74 19.93 17.85 14.27 25.91 28.19 Total Debt/Equity 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Interest Cover 39.98 88.27 62.92 42.41 56.38 3948.79 4216.07 3447.41 0.00 0.00

Description Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15
Book Value (Rs.) 1010.22 984.62 874.10 785.11 726.97 664.04 660.43 552.21 471.46 423.05 ROA 13.33% 13.20% 12.18% 9.56% 12.12% 13.83% 14.22% 13.90% 12.74% 12.04% ROE 15.82% 15.24% 14.18% 11.33% 14.49% 16.36% 16.85% 17.44% 17.09% 16.32% ROCE 21.81% 20.36% 19.19% 15.63% 19.89% 23.48% 26.06% 25.81% 25.91% 24.29% Fixed Asset Turnover 3.78 4.56 4.16 3.72 4.77 6.42 6.63 3.56 2.42 2.42 Receivable days 37.25 29.21 39.40 63.47 51.72 41.39 44.05 44.81 54.31 54.76 Inventory Days 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Payable days 0.00 0.00 0.00 0.00 24.77 18.36 17.89 16.81 14.80 10.92 Cash Conversion Cycle 37.25 29.21 39.40 63.47 26.95 23.03 26.16 28.01 39.51 43.84 Total Debt/Equity 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.02 Interest Cover 20.20 129.30 98.40 55.45 65.30 2033.59 1514.56 3401.48 214.96 51.65

Top Investors:

pari washington india master fund, ltd

aditya birla sun life trustee private limited a/c aditya birla sun life mnc fund

parag parikh flexi cap fund

canara robeco mutual fund a/c canara robeco small cap fund

pari washington investment fund

sbi infrastructure fund

jm financial mutual fund - jm flexicap fund

general insurance corporation of india

sundaram mutual fund a/c sundaram flexi cap fund

hdfc life insurance company limited

Annual Reports:

News Update:

ICRA enters into definitive agreement to acquire Fintellix
13th Jun 2025, 12:58 PM

The acquisition will additionally strengthen ICRA Group's portfolio of credit risk assessment and monitoring tools by adding risk reporting capabilities to its existing solutions
Read More

ICRA Ltd.

Ratings

BSE: 532835 | NSE: ICRA

Stock Summary

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

EBITDA CAGR (%)

PAT CAGR (%)

P:E (Median)

P:BV (Average)

EV:EBITDA (Average)

Earnings Forecasts:

Quarterly Results

Consolidated Figures in Rs. Crores /

Annual Results

Consolidated Figures in Rs. Crores /

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Cash Flow

Consolidated Figures in Rs. Crores /

Financial Ratios

Consolidated /

Top Investors:

Annual Reports:

News Update:

ICRA Ltd.

Ratings

BSE: 532835 | NSE: ICRA

Stock Summary

Shareholding Pattern

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

EBITDA CAGR (%)

PAT CAGR (%)

P:E (Median)

P:BV (Average)

EV:EBITDA (Average)

Earnings Forecasts:

Quarterly Results

Consolidated Figures in Rs. Crores /

Annual Results

Consolidated Figures in Rs. Crores /

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Cash Flow

Consolidated Figures in Rs. Crores /

Financial Ratios

Consolidated /

Top Investors:

Annual Reports:

News Update: