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

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

6,195.95
32.95
10

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

6,010.62
0.93%
5.70

Chart

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

Revenue CAGR (%)

10 Years
5 Years
3 Years

3.86
10.59
7.29

EBITDA CAGR (%)

10 Years
5 Years
3 Years

5.82
16.99
4.46

PAT CAGR (%)

10 Years
5 Years
3 Years

8.35
15.80
7.93

P:E (Median)

8 Years
5 Years
3 Years

34.78
35.73
36.04

P:BV (Average)

8 Years
5 Years
3 Years

4.98
5.12
5.67

EV:EBITDA (Average)

8 Years
5 Years
3 Years

20.98
22.71
24.02

Earnings Forecasts:

(Updated: 01-11-2025)

Description 2024 2025 2026 2027
Adj EPS 176.73 207.4 237.29 270.74
P/E Ratio 36.35 30.98 27.07 23.73
Revenue 497 557.1 626.5 701.65
EBITDA 177.76 203.6 234.85 270.15
Net Income 170.01 199.2 228.5 261.45
ROA 13.7
P/B Ratio 5.87 5.37 4.88 8.13
ROE 16.75 18.18 18.95 165.33
FCFF 145.47 148.07 190.18 219.05
FCFF Yield 2.86 2.91 3.74 4.3
Net Debt -1039.89
BVPS 1094.77 1195.35 1315.56 790.52

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone

Description Sep 25 Sep 24 Var% Jun 25 Jun 24 Var% Mar 25 Mar 24 Var% Dec 24 Dec 23 Var%
Net Sales 82.06 72.08 13.85% 72.20 63.20 14.24% 80.62 70.49 14.37% 70.83 64.36 10.05%
Expenses 53.74 50.90 5.58% 52.38 46.50 12.65% 44.48 44.41 0.16% 48.30 52.43 -7.88%
EBITDA 28.32 21.18 33.71% 19.82 16.70 18.68% 36.14 26.08 38.57% 22.52 11.93 88.77%
EBIDTM 34.51% 29.38% 27.45% 26.43% 44.83% 37.00% 31.80% 18.53%
Other Income 15.90 46.16 -65.55% 22.18 16.71 32.73% 19.63 17.64 11.28% 19.56 16.07 21.72%
Interest 0.25 0.42 -40.48% 0.27 0.39 -30.77% 0.45 0.44 2.27% 0.46 2.70 -82.96%
Depreciation 2.17 1.96 10.71% 2.07 1.71 21.05% 2.18 2.19 -0.46% 2.07 2.09 -0.96%
PBT 41.80 64.96 -35.65% 39.66 31.31 26.67% 53.14 41.09 29.33% 39.55 23.20 70.47%
Tax 10.89 14.63 -25.56% 9.51 6.60 44.09% 11.08 7.52 47.34% 8.45 3.00 181.67%
PAT 30.91 50.33 -38.59% 30.15 24.72 21.97% 42.05 33.56 25.30% 31.10 20.21 53.88%
PATM 37.67% 69.82% 41.76% 39.11% 52.16% 47.62% 43.91% 31.40%
EPS 31.87 51.88 -38.57% 31.08 25.48 21.98% 43.35 34.60 25.29% 32.06 20.83 53.91%

Description Sep 25 Sep 24 Var% Jun 25 Jun 24 Var% Mar 25 Mar 24 Var% Dec 24 Dec 23 Var%
Net Sales 136.58 126.12 8.29% 124.49 114.82 8.42% 136.21 123.97 9.87% 120.87 114.59 5.48%
Expenses 88.05 84.86 3.76% 84.74 79.64 6.40% 77.05 74.12 3.95% 78.71 84.34 -6.68%
EBITDA 48.53 41.26 17.62% 39.75 35.18 12.99% 59.16 49.85 18.68% 42.16 30.24 39.42%
EBIDTM 35.53% 32.72% 31.93% 30.64% 43.43% 40.21% 34.88% 26.39%
Other Income 20.91 20.04 4.34% 24.36 17.89 36.17% 20.62 23.68 -12.92% 18.85 17.17 9.78%
Interest 0.87 0.34 155.88% 1.65 2.15 -23.26% 1.24 6.93 -82.11% 1.07 2.85 -62.46%
Depreciation 4.21 4.01 4.99% 4.09 3.71 10.24% 4.48 4.47 0.22% 4.19 3.84 9.11%
PBT 64.37 56.95 13.03% 58.37 47.21 23.64% 74.06 62.13 19.20% 55.75 40.73 36.88%
Tax 16.35 19.85 -17.63% 15.61 11.32 37.90% 18.07 15.07 19.91% 13.53 8.32 62.62%
PAT 48.02 37.11 29.40% 42.76 35.89 19.14% 55.99 47.06 18.98% 42.22 32.41 30.27%
PATM 35.16% 29.42% 34.35% 31.26% 41.10% 37.96% 34.93% 28.29%
EPS 49.54 38.05 30.20% 43.97 36.80 19.48% 57.75 48.56 18.93% 43.55 33.31 30.74%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone

Description TTM Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Net Sales 305.71 286.73 251.24 222.54 194.73 181.27 207.78 230.14 222.13 210.90 195.37 Net Sales Growth 13.17% 14.13% 12.90% 14.28% 7.43% -12.76% -9.72% 3.61% 5.32% 7.95% 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 305.71 286.73 251.24 222.54 194.73 181.27 207.78 230.14 222.13 210.90 195.37 GP Margin 100.00% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% Total Expenditure 198.90 190.18 183.61 162.60 139.95 138.95 149.27 141.13 124.33 129.23 117.96 Power & Fuel Cost - 0.55 0.66 0.70 0.40 0.34 0.77 0.83 0.88 1.10 1.35 % Of Sales - 0.19% 0.26% 0.31% 0.21% 0.19% 0.37% 0.36% 0.40% 0.52% 0.69% Employee Cost - 149.57 145.21 123.43 111.45 110.04 105.11 107.42 95.33 90.80 83.33 % Of Sales - 52.16% 57.80% 55.46% 57.23% 60.71% 50.59% 46.68% 42.92% 43.05% 42.65% Manufacturing Exp. - 3.90 3.81 11.31 9.28 7.85 6.94 5.68 4.96 4.22 3.35 % Of Sales - 1.36% 1.52% 5.08% 4.77% 4.33% 3.34% 2.47% 2.23% 2.00% 1.71% General & Admin Exp. - 33.23 30.99 18.12 14.92 17.82 30.91 22.15 19.39 25.36 21.15 % Of Sales - 11.59% 12.33% 8.14% 7.66% 9.83% 14.88% 9.62% 8.73% 12.02% 10.83% Selling & Distn. Exp. - 0.07 0.03 0.03 0.03 0.03 0.03 0.06 0.09 0.09 0.04 % Of Sales - 0.02% 0.01% 0.01% 0.02% 0.02% 0.01% 0.03% 0.04% 0.04% 0.02% Miscellaneous Exp. - 2.86 2.91 9.01 3.87 2.88 5.51 4.99 3.69 7.67 0.04 % Of Sales - 1.00% 1.16% 4.05% 1.99% 1.59% 2.65% 2.17% 1.66% 3.64% 4.48% EBITDA 106.80 96.55 67.63 59.94 54.78 42.32 58.51 89.01 97.80 81.67 77.41 EBITDA Margin 34.94% 33.67% 26.92% 26.93% 28.13% 23.35% 28.16% 38.68% 44.03% 38.72% 39.62% Other Income 77.27 102.05 90.96 65.57 45.42 36.32 40.57 44.53 50.74 48.83 23.69 Interest 1.43 1.72 3.77 1.34 1.51 1.73 1.66 0.03 0.03 0.04 0.00 Depreciation 8.49 7.92 7.99 7.03 5.34 5.25 5.38 2.43 2.66 3.20 3.56 PBT 174.15 188.96 146.84 117.13 93.35 71.66 92.05 131.07 145.84 127.25 97.54 Tax 39.93 40.76 23.68 21.20 20.04 18.72 27.07 35.09 45.52 36.09 32.62 Tax Rate 22.93% 21.57% 16.13% 18.10% 21.47% 26.12% 29.41% 26.77% 31.21% 26.92% 34.67% PAT 134.21 148.19 123.16 95.93 73.31 52.95 64.98 95.97 100.32 97.97 61.47 PAT before Minority Interest 134.21 148.19 123.16 95.93 73.31 52.95 64.98 95.97 100.32 97.97 61.47 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 43.90% 51.68% 49.02% 43.11% 37.65% 29.21% 31.27% 41.70% 45.16% 46.45% 31.46% PAT Growth 4.18% 20.32% 28.39% 30.86% 38.45% -18.51% -32.29% -4.34% 2.40% 59.38% EPS 138.36 152.77 126.97 98.90 75.58 54.59 66.99 98.94 103.42 101.00 63.37

Description TTM Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Net Sales 518.15 498.02 446.11 403.23 342.81 301.06 321.09 328.06 308.87 333.03 341.15 Net Sales Growth 8.06% 11.64% 10.63% 17.62% 13.87% -6.24% -2.12% 6.21% -7.25% -2.38% 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 518.15 498.02 446.11 403.23 342.81 301.06 321.09 328.06 308.87 333.03 341.15 GP Margin 100.00% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% Total Expenditure 328.55 320.26 297.35 260.32 222.22 219.93 225.25 215.12 193.79 231.77 240.16 Power & Fuel Cost - 1.47 1.53 1.40 0.90 0.89 1.97 2.12 2.18 2.55 3.03 % Of Sales - 0.30% 0.34% 0.35% 0.26% 0.30% 0.61% 0.65% 0.71% 0.77% 0.89% Employee Cost - 261.13 240.36 207.56 179.25 171.70 161.67 160.80 142.53 156.41 158.87 % Of Sales - 52.43% 53.88% 51.47% 52.29% 57.03% 50.35% 49.02% 46.15% 46.97% 46.57% Manufacturing Exp. - 5.26 6.61 15.10 13.95 13.18 16.06 10.91 10.86 21.52 27.25 % Of Sales - 1.06% 1.48% 3.74% 4.07% 4.38% 5.00% 3.33% 3.52% 6.46% 7.99% General & Admin Exp. - 47.05 43.88 27.22 22.38 24.51 39.23 32.48 29.55 38.13 36.42 % Of Sales - 9.45% 9.84% 6.75% 6.53% 8.14% 12.22% 9.90% 9.57% 11.45% 10.68% Selling & Distn. Exp. - 0.18 0.26 0.30 0.23 0.19 0.10 0.08 0.10 0.15 0.04 % Of Sales - 0.04% 0.06% 0.07% 0.07% 0.06% 0.03% 0.02% 0.03% 0.05% 0.01% Miscellaneous Exp. - 5.18 4.71 8.75 5.52 9.46 6.22 8.73 8.57 13.00 0.04 % Of Sales - 1.04% 1.06% 2.17% 1.61% 3.14% 1.94% 2.66% 2.77% 3.90% 4.27% EBITDA 189.60 177.76 148.76 142.91 120.59 81.13 95.84 112.94 115.08 101.26 100.99 EBITDA Margin 36.59% 35.69% 33.35% 35.44% 35.18% 26.95% 29.85% 34.43% 37.26% 30.41% 29.60% Other Income 84.74 77.41 74.97 49.55 40.88 42.85 47.97 44.80 49.36 39.59 27.13 Interest 4.83 4.80 10.41 1.41 1.56 2.06 2.04 0.07 0.10 0.04 0.55 Depreciation 16.97 16.39 13.46 9.83 7.81 9.92 10.29 5.62 7.53 8.54 9.58 PBT 252.55 233.97 199.86 181.22 152.09 112.01 131.48 152.04 156.80 132.28 118.00 Tax 63.56 62.77 47.62 44.49 38.55 29.32 34.24 46.09 55.62 43.50 41.57 Tax Rate 25.17% 26.83% 23.83% 24.55% 25.35% 26.18% 26.04% 30.31% 35.47% 32.88% 35.23% PAT 188.99 170.01 151.09 135.24 112.29 81.66 96.18 105.41 100.69 88.57 76.24 PAT before Minority Interest 188.01 171.20 152.24 136.73 113.53 82.68 97.24 105.95 101.18 88.78 76.43 Minority Interest -0.98 -1.19 -1.15 -1.49 -1.24 -1.02 -1.06 -0.54 -0.49 -0.21 -0.19 PAT Margin 36.47% 34.14% 33.87% 33.54% 32.76% 27.12% 29.95% 32.13% 32.60% 26.60% 22.35% PAT Growth 23.95% 12.52% 11.72% 20.44% 37.51% -15.10% -8.76% 4.69% 13.68% 16.17% EPS 194.84 175.27 155.76 139.42 115.76 84.19 99.15 108.67 103.80 91.31 78.60

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Shareholder's Funds 804.37 741.43 736.59 664.78 614.58 582.53 548.25 570.86 501.84 408.36 Share Capital 9.65 9.65 9.65 9.65 9.65 9.65 9.65 9.90 9.90 10.00 Total Reserves 790.17 730.28 726.93 655.13 604.93 572.88 538.59 559.98 489.83 393.58 Non-Current Liabilities 371.11 350.33 329.88 294.45 340.96 316.44 266.32 257.72 222.57 193.68 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 356.80 344.54 320.91 286.31 330.77 304.73 268.83 259.35 224.65 196.81 Current Liabilities 180.54 138.57 121.75 153.08 104.71 109.57 129.16 135.60 124.75 149.33 Trade Payables 4.92 5.07 5.57 6.37 3.34 9.39 4.77 3.39 5.35 3.46 Other Current Liabilities 125.97 102.49 68.93 56.64 62.29 58.01 69.05 65.38 64.45 63.57 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 49.65 31.01 47.25 90.08 39.09 42.17 55.34 66.83 54.95 82.30 Total Liabilities 1,356.02 1,230.33 1,188.22 1,112.31 1,060.25 1,008.54 943.73 964.18 849.16 751.37 Net Block 26.31 23.14 26.83 25.53 24.88 28.82 10.68 12.14 12.99 15.49 Gross Block 62.87 52.87 51.75 47.31 41.47 41.04 17.84 17.36 16.11 39.72 Accumulated Depreciation 36.56 29.73 24.92 21.78 16.59 12.22 7.16 5.23 3.12 24.22 Non Current Assets 477.98 824.74 814.61 747.53 669.24 404.17 449.18 584.22 421.73 492.99 Capital Work in Progress 1.33 0.91 1.23 0.55 2.33 1.88 1.27 0.00 0.00 0.00 Non Current Investment 37.12 425.55 444.51 418.58 184.68 51.19 130.94 266.37 160.22 254.03 Long Term Loans & Adv. 387.55 370.69 341.58 301.46 341.96 314.42 278.37 269.95 238.15 206.48 Other Non Current Assets 25.67 4.45 0.46 1.41 115.41 7.86 27.92 35.76 10.37 16.99 Current Assets 878.04 405.61 373.61 364.79 391.01 604.37 494.54 379.96 427.44 258.39 Current Investments 618.79 256.72 213.28 62.15 19.00 79.70 77.48 98.72 176.99 17.00 Inventories 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sundry Debtors 26.45 23.09 12.77 10.21 15.99 33.39 19.43 21.73 18.56 16.49 Cash & Bank 173.55 95.37 118.52 207.22 323.41 435.24 338.94 194.54 183.13 181.09 Other Current Assets 59.25 8.00 6.81 18.95 32.61 56.03 58.70 64.96 48.77 43.82 Short Term Loans & Adv. 52.67 22.42 22.22 66.26 18.57 28.27 34.48 50.69 35.80 34.08 Net Current Assets 697.50 267.03 251.85 211.71 286.30 494.80 365.38 244.36 302.68 109.05 Total Assets 1,356.02 1,230.35 1,188.22 1,112.32 1,060.25 1,008.54 943.72 964.18 849.17 751.38

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Shareholder's Funds 1,053.23 976.49 950.28 843.61 757.73 701.61 640.87 655.02 548.99 476.24 Share Capital 9.65 9.65 9.65 9.65 9.65 9.65 9.65 9.90 9.90 10.00 Total Reserves 1,039.03 965.33 940.63 833.96 748.08 691.96 631.22 644.14 536.97 461.46 Non-Current Liabilities 57.05 51.18 11.86 10.63 13.11 19.89 4.13 4.13 1.40 7.13 Secured Loans 0.63 1.02 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 3.44 3.14 2.73 3.11 3.40 7.08 5.90 5.37 5.03 12.21 Current Liabilities 177.10 151.86 131.74 115.49 116.11 115.02 118.60 106.79 104.81 136.99 Trade Payables 9.11 7.41 8.38 9.24 7.80 15.52 10.46 7.71 8.39 9.14 Other Current Liabilities 163.44 133.03 80.91 68.99 78.14 72.80 79.24 72.80 69.98 75.62 Short Term Borrowings 0.26 0.49 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Short Term Provisions 4.28 10.93 42.45 37.26 30.17 26.69 28.90 26.29 26.44 52.23 Total Liabilities 1,291.80 1,184.02 1,098.53 973.84 890.24 839.11 765.33 767.27 656.15 621.16 Net Block 89.63 91.32 47.10 45.60 46.45 54.50 33.84 36.48 36.55 91.94 Gross Block 154.92 144.35 91.58 85.38 79.62 82.37 52.20 50.02 43.12 143.96 Accumulated Depreciation 65.29 53.03 44.48 39.78 33.17 27.88 18.36 13.54 6.57 52.01 Non Current Assets 163.69 527.56 533.09 537.90 395.25 118.95 201.63 365.55 212.26 302.30 Capital Work in Progress 3.51 0.91 1.34 1.55 3.41 2.04 1.40 0.20 0.81 0.71 Non Current Investment 1.25 390.20 425.15 391.66 157.76 24.27 104.02 239.45 133.30 167.44 Long Term Loans & Adv. 37.68 33.24 26.07 20.14 15.51 16.25 16.58 18.15 20.52 23.41 Other Non Current Assets 31.61 11.90 33.42 78.95 172.12 21.89 45.80 71.27 21.08 18.80 Current Assets 1,128.12 656.46 565.45 435.95 494.99 720.16 563.70 401.73 443.90 318.85 Current Investments 771.50 423.24 263.36 62.15 19.00 79.70 77.48 99.03 177.30 17.31 Inventories 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sundry Debtors 47.59 51.09 38.05 26.50 47.51 57.19 33.81 40.60 33.95 47.83 Cash & Bank 281.53 155.54 241.50 310.13 399.45 526.79 407.49 230.59 202.59 225.89 Other Current Assets 27.49 15.62 17.55 34.35 29.04 56.47 44.93 31.51 30.06 27.82 Short Term Loans & Adv. 13.75 10.97 4.99 2.81 7.54 13.68 6.56 6.33 4.35 6.58 Net Current Assets 951.01 504.59 433.70 320.45 378.88 605.14 445.10 294.93 339.08 181.86 Total Assets 1,291.81 1,184.02 1,098.54 973.85 890.24 839.11 765.33 767.28 656.16 621.15

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Cash From Operating Activity 93.74 56.52 52.54 38.64 52.78 2.97 60.41 52.25 45.38 55.57 PBT 188.96 146.84 117.13 93.35 71.66 92.05 131.07 145.84 134.07 94.08 Adjustment -66.83 -66.53 -47.53 -36.97 -26.18 -27.57 -40.64 -47.09 -47.39 -11.06 Changes in Working Capital 6.20 5.02 7.30 5.24 26.38 -33.94 4.34 -2.66 -6.42 5.77 Cash after chg. in Working capital 128.32 85.33 76.90 61.63 71.87 30.55 94.76 96.09 80.26 88.79 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -34.58 -28.80 -24.36 -22.99 -19.09 -27.58 -34.35 -43.84 -34.88 -33.22 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 10.14 70.71 -23.51 -14.12 -11.79 24.28 56.03 -6.70 23.68 -30.75 Net Fixed Assets -10.42 -0.80 -5.12 -4.06 -0.88 -23.81 -1.75 -1.25 23.61 0.61 Net Investments 26.36 -24.48 -177.06 -277.05 -72.79 77.53 156.67 -27.88 -66.18 72.56 Others -5.80 95.99 158.67 266.99 61.88 -29.44 -98.89 22.43 66.25 -103.92 Cash from Financing Activity -101.28 -129.89 -31.10 -30.13 -29.95 -38.43 -120.11 -31.09 -68.13 -28.89 Net Cash Inflow / Outflow 2.59 -2.66 -2.07 -5.61 11.04 -11.18 -3.68 14.45 0.93 -4.08 Opening Cash & Equivalents 2.18 4.84 6.91 12.52 1.48 12.66 16.34 1.89 0.96 5.04 Closing Cash & Equivalent 4.78 2.18 4.84 6.91 12.52 1.48 12.66 16.34 1.89 0.96

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Cash From Operating Activity 144.89 107.01 99.26 96.66 76.38 21.32 80.85 61.90 63.40 71.19 PBT 233.97 199.86 181.22 152.09 112.01 131.48 152.04 156.80 132.28 118.00 Adjustment -51.54 -51.31 -32.28 -30.71 -26.47 -33.51 -36.30 -36.08 -20.99 -6.40 Changes in Working Capital 17.64 9.30 -2.08 16.74 20.91 -41.21 6.88 -7.81 -5.19 3.25 Cash after chg. in Working capital 200.07 157.85 146.85 138.11 106.45 56.76 122.62 112.92 106.11 114.85 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -55.18 -50.84 -47.60 -41.45 -30.06 -35.44 -41.77 -51.02 -42.71 -43.66 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 -16.89 27.49 -76.84 -71.86 -32.11 11.15 44.71 -53.77 10.21 -41.48 Net Fixed Assets -10.42 -0.80 -5.12 -4.06 -0.88 -23.81 -1.75 -1.25 23.61 0.61 Net Investments 26.36 -24.48 -177.06 -277.05 -72.79 77.53 156.67 -27.88 -66.18 72.56 Others -32.83 52.77 105.34 209.25 41.56 -42.57 -110.21 -24.64 52.78 -114.65 Cash from Financing Activity -103.13 -136.71 -32.13 -31.32 -32.03 -40.68 -120.94 4.14 -68.89 -39.57 Net Cash Inflow / Outflow 24.88 -2.21 -9.71 -6.52 12.24 -8.21 4.62 12.27 4.72 -9.86 Opening Cash & Equivalents 9.98 12.16 21.92 28.45 16.21 24.42 19.80 7.53 24.54 33.22 Closing Cash & Equivalent 34.86 9.98 12.16 21.92 28.45 16.21 24.42 19.80 7.53 24.46

Financial Ratios

Consolidated /

Standalone

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Book Value (Rs.) 828.72 766.67 763.21 688.81 636.79 603.58 568.06 575.44 504.61 403.58 ROA 11.46% 10.18% 8.34% 6.75% 5.12% 6.66% 10.06% 11.06% 12.24% 8.59% ROE 19.25% 16.68% 13.69% 11.46% 8.85% 11.49% 17.17% 18.76% 21.69% 15.87% ROCE 24.67% 20.38% 16.91% 14.83% 12.26% 16.58% 23.43% 27.20% 29.47% 23.96% Fixed Asset Turnover 4.95 4.80 4.49 4.39 4.39 7.06 13.07 13.27 7.56 4.88 Receivable days 31.54 26.05 18.85 24.55 49.72 46.39 32.64 33.10 30.32 35.59 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 0.00 21.65 12.71 15.25 16.06 9.68 Cash Conversion Cycle 31.54 26.05 18.85 24.55 49.72 24.74 19.93 17.85 14.27 25.91 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 110.86 39.98 88.27 62.92 42.41 56.38 3948.79 4216.07 3447.41 0.00

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Book Value (Rs.) 1086.58 1010.22 984.62 874.10 785.11 726.97 664.04 660.43 552.21 471.46 ROA 13.83% 13.34% 13.20% 12.18% 9.56% 12.12% 13.83% 14.22% 13.90% 12.74% ROE 16.92% 15.82% 15.24% 14.18% 11.33% 14.49% 16.36% 16.85% 17.44% 17.09% ROCE 23.49% 21.81% 20.36% 19.19% 15.63% 19.89% 23.48% 26.06% 25.81% 25.91% Fixed Asset Turnover 3.33 3.78 4.56 4.16 3.72 4.77 6.42 6.63 3.56 2.42 Receivable days 36.16 36.47 29.21 39.40 63.47 51.72 41.39 44.05 44.81 54.31 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 0.00 24.77 18.36 17.89 16.81 14.80 Cash Conversion Cycle 36.16 36.47 29.21 39.40 63.47 26.95 23.03 26.16 28.01 39.51 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 49.71 20.20 129.30 98.40 55.45 65.30 2033.59 1514.56 3401.48 214.96

Top Investors:

nippon life india trustee ltd-a/c nippon india small cap fund

pari washington india master fund, ltd.

parag parikh flexi cap fund

sbi banking & financial services fund

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

pari washington investment fund

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

jm financial mutual fund - jm flexicap fund

general insurance corporation of india

hdfc life insurance company limited

Annual Reports:

News Update:

ICRA completes acquisition of 98.75% stake in Fintellix
20th Oct 2025, 15:51 PM

This acquisition will expand its risk technology portfolio and strengthen its position as a preferred partner for risk and investment analytics
Read More
ICRA - Quarterly Results
31st Jul 2025, 13:51 PM

Read More

ICRA Ltd.

Ratings

BSE: 532835 | NSE: ICRA

Stock Summary

Chart

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

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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: