| Revenue growth | Revenue +30.2% Q2, +30.7% H1 YoY |
|---|---|
| Margins | Ratings segment margin ~40.8% Q2 vs 35.0%; R&A EBITDA +35% H1. |
| Demand visibility | Bank credit +21.4% YoY; CP outstanding +27%; H2 outlook softer. |
Growth
Q2 Ratings revenue ₹98.7 Cr (+17%); R&A ₹80.5 Cr (+52%), mainly Fintellix. Q2 PAT growth held to 9.2% by acquisition-related D&A.
Outlook
No quantified company guidance. Strategy: move up value chain, AI-native propositions, international expansion of R&A.
Risks
West Asia crisis, weak monsoon, elevated input costs, rising inflation and rate hikes may hit H2 FY27 volumes.
Investor Presentation filed with BSE, NSE: ICRA. Summary written with AI assistance from the document.
ICRA Ltd: key numbers
- Share price
- ₹4,435.00
- Market cap
- ₹4,280 Cr
- Revenue (annual)
- ₹599.5 Cr
- Net profit (annual)
- ₹181.5 Cr
- P/E (TTM)
- 21.9×Sector 19.7×
- Promoter holding
- 51.87%+0.00% QoQ
- FII holding
- 8.01%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from ICRA Ltd
All →ICRA Results Update
ICRA reported Q2 FY2027 consolidated revenue up 30.2% to Rs 177.9 crore and PAT up 9.2%. Half-year revenue rose 30.7% and PAT rose 20.0%.
ICRA Q2 FY27 Results: Net Profit ₹52.4 Cr, Up 9.2% YoY
ICRA Ltd reported revenue from operations of ₹177.9 Cr (+30.2% YoY) and net profit of ₹52.4 Cr (+9.2% YoY) for Q2 FY27.
- Key figure
- Net profit ₹52.4 Cr · +9.2% YoY
ICRA Board Meeting Date
ICRA Limited has scheduled a board meeting on October 29, 2026, to consider and approve the company's unaudited standalone and consolidated financial results.
ICRA Other Announcement
ICRA Ltd has filed its quarterly shareholding pattern as mandated by SEBI regulations. This routine disclosure reports current promoter and public shareholding positions.
ICRA Management Change
ICRA appointed Mr. Ritesh Gupta as Executive Vice President & Chief Business Officer-Designate, effective October 12, 2026. He succeeds Mr. L. Shivakumar, who retires December 31, 2026.
ICRA Other Announcement
The Adivam Family Trust, a connected person, sold 500 equity shares of ICRA Ltd in a market sale transaction. The total value of the sale is Rs.0.24 Crore.
- Value
- ₹0.24 Cr