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

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

6,030.91
34.09
10

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

5,750.54
0.96%
5.53

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

34.92
35.69
36.00

P:BV (Average)

8 Years
5 Years
3 Years

5.01
5.05
5.59

EV:EBITDA (Average)

8 Years
5 Years
3 Years

21.09
22.46
23.93

Earnings Forecasts:

(Updated: 06-06-2025)

Description 2024 2025 2026 2027
Adj EPS 157.07 176.73 199.33 226.28
P/E Ratio 39.85 35.42 31.40 27.66
Revenue 444 498 558 626
EBITDA 149 178 197 225
Net Income 151 170 192 218
ROA 13.2 13.7
P/B Ratio 8.15 5.74 5.33 7.27
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 Jun 25 Jun 24 Var% Mar 25 Mar 24 Var% Dec 24 Dec 23 Var% Sep 24 Sep 23 Var%
Net Sales 72.20 63.20 14.24% 80.62 70.49 14.37% 70.83 64.36 10.05% 72.08 58.23 23.78%
Expenses 52.38 46.50 12.65% 44.48 44.41 0.16% 48.30 52.43 -7.88% 50.90 44.36 14.74%
EBITDA 19.82 16.70 18.68% 36.14 26.08 38.57% 22.52 11.93 88.77% 21.18 13.87 52.70%
EBIDTM 27.45% 26.43% 44.83% 37.00% 31.80% 18.53% 29.38% 23.82%
Other Income 22.18 16.71 32.73% 19.63 17.64 11.28% 19.56 16.07 21.72% 46.16 41.10 12.31%
Interest 0.27 0.39 -30.77% 0.45 0.44 2.27% 0.46 2.70 -82.96% 0.42 0.31 35.48%
Depreciation 2.07 1.71 21.05% 2.18 2.19 -0.46% 2.07 2.09 -0.96% 1.96 2.04 -3.92%
PBT 39.66 31.31 26.67% 53.14 41.09 29.33% 39.55 23.20 70.47% 64.96 52.63 23.43%
Tax 9.51 6.60 44.09% 11.08 7.52 47.34% 8.45 3.00 181.67% 14.63 9.28 57.65%
PAT 30.15 24.72 21.97% 42.05 33.56 25.30% 31.10 20.21 53.88% 50.33 43.34 16.13%
PATM 41.76% 39.11% 52.16% 47.62% 43.91% 31.40% 69.82% 74.44%
EPS 31.08 25.48 21.98% 43.35 34.60 25.29% 32.06 20.83 53.91% 51.88 44.69 16.09%

Description Jun 25 Jun 24 Var% Mar 25 Mar 24 Var% Dec 24 Dec 23 Var% Sep 24 Sep 23 Var%
Net Sales 124.49 114.82 8.42% 136.21 123.97 9.87% 120.87 114.59 5.48% 126.12 104.85 20.29%
Expenses 84.74 79.64 6.40% 77.05 74.12 3.95% 78.71 84.34 -6.68% 84.86 70.80 19.86%
EBITDA 39.75 35.18 12.99% 59.16 49.85 18.68% 42.16 30.24 39.42% 41.26 34.05 21.17%
EBIDTM 31.93% 30.64% 43.43% 40.21% 34.88% 26.39% 32.72% 32.48%
Other Income 24.36 17.89 36.17% 20.62 23.68 -12.92% 18.85 17.17 9.78% 20.04 16.36 22.49%
Interest 1.65 2.15 -23.26% 1.24 6.93 -82.11% 1.07 2.85 -62.46% 0.34 0.31 9.68%
Depreciation 4.09 3.71 10.24% 4.48 4.47 0.22% 4.19 3.84 9.11% 4.01 2.84 41.20%
PBT 58.37 47.21 23.64% 74.06 62.13 19.20% 55.75 40.73 36.88% 56.95 47.27 20.48%
Tax 15.61 11.32 37.90% 18.07 15.07 19.91% 13.53 8.32 62.62% 19.85 15.12 31.28%
PAT 42.76 35.89 19.14% 55.99 47.06 18.98% 42.22 32.41 30.27% 37.11 32.14 15.46%
PATM 34.35% 31.26% 41.10% 37.96% 34.93% 28.29% 29.42% 30.66%
EPS 43.97 36.80 19.48% 57.75 48.56 18.93% 43.55 33.31 30.74% 38.05 32.92 15.58%

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 295.73 286.73 251.24 222.54 194.73 181.27 207.78 230.14 222.13 210.90 195.37 Net Sales Growth 15.39% 14.13% 12.90% 14.28% 7.43% -12.76% -9.72% 3.61% 5.32% 7.95% Cost Of Goods Sold 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Gross Profit 295.72 286.73 251.24 222.54 194.73 181.27 207.78 230.14 222.13 210.90 195.37 GP Margin 100.00% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% Total Expenditure 196.06 190.18 183.61 162.60 139.95 138.95 149.27 141.13 124.33 129.23 117.96 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 99.66 96.55 67.63 59.94 54.78 42.32 58.51 89.01 97.80 81.67 77.41 EBITDA Margin 33.70% 33.67% 26.92% 26.93% 28.13% 23.35% 28.16% 38.68% 44.03% 38.72% 39.62% Other Income 107.53 102.05 90.96 65.57 45.42 36.32 40.57 44.53 50.74 48.83 23.69 Interest 1.60 1.72 3.77 1.34 1.51 1.73 1.66 0.03 0.03 0.04 0.00 Depreciation 8.28 7.92 7.99 7.03 5.34 5.25 5.38 2.43 2.66 3.20 3.56 PBT 197.31 188.96 146.84 117.13 93.35 71.66 92.05 131.07 145.84 127.25 97.54 Tax 43.67 40.76 23.68 21.20 20.04 18.72 27.07 35.09 45.52 36.09 32.62 Tax Rate 22.13% 21.57% 16.13% 18.10% 21.47% 26.12% 29.41% 26.77% 31.21% 26.92% 34.67% PAT 153.63 148.19 123.16 95.93 73.31 52.95 64.98 95.97 100.32 97.97 61.47 PAT before Minority Interest 153.63 148.19 123.16 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 51.95% 51.68% 49.02% 43.11% 37.65% 29.21% 31.27% 41.70% 45.16% 46.45% 31.46% PAT Growth 26.10% 20.32% 28.39% 30.86% 38.45% -18.51% -32.29% -4.34% 2.40% 59.38% EPS 158.38 152.77 126.97 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 507.69 498.02 446.11 403.23 342.81 301.06 321.09 328.06 308.87 333.03 341.15 Net Sales Growth 10.79% 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 507.69 498.02 446.11 403.23 342.81 301.06 321.09 328.06 308.87 333.03 341.15 GP Margin 100.00% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% Total Expenditure 325.36 320.26 297.35 260.32 222.22 219.93 225.25 215.12 193.79 231.77 240.16 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 182.33 177.76 148.76 142.91 120.59 81.13 95.84 112.94 115.08 101.26 100.99 EBITDA Margin 35.91% 35.69% 33.35% 35.44% 35.18% 26.95% 29.85% 34.43% 37.26% 30.41% 29.60% Other Income 83.87 77.41 74.97 49.55 40.88 42.85 47.97 44.80 49.36 39.59 27.13 Interest 4.30 4.80 10.41 1.41 1.56 2.06 2.04 0.07 0.10 0.04 0.55 Depreciation 16.77 16.39 13.46 9.83 7.81 9.92 10.29 5.62 7.53 8.54 9.58 PBT 245.13 233.97 199.86 181.22 152.09 112.01 131.48 152.04 156.80 132.28 118.00 Tax 67.06 62.77 47.62 44.49 38.55 29.32 34.24 46.09 55.62 43.50 41.57 Tax Rate 27.36% 26.83% 23.83% 24.55% 25.35% 26.18% 26.04% 30.31% 35.47% 32.88% 35.23% PAT 178.08 170.01 151.09 135.24 112.29 81.66 96.18 105.41 100.69 88.57 76.24 PAT before Minority Interest 176.93 171.20 152.24 136.73 113.53 82.68 97.24 105.95 101.18 88.78 76.43 Minority Interest -1.15 -1.19 -1.15 -1.49 -1.24 -1.02 -1.06 -0.54 -0.49 -0.21 -0.19 PAT Margin 35.08% 34.14% 33.87% 33.54% 32.76% 27.12% 29.95% 32.13% 32.60% 26.60% 22.35% PAT Growth 20.73% 12.52% 11.72% 20.44% 37.51% -15.10% -8.76% 4.69% 13.68% 16.17% EPS 183.59 175.27 155.76 139.42 115.76 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:

pari washington india master fund, ltd.

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

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 - Quarterly Results
31st Jul 2025, 13:51 PM

Read More
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

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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 /

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Annual Reports:

News Update: