ICRA Acquisition

Earnings Call

ICRA Investor Presentation: Key Takeaways

Q2 FY27 revenue ₹177.9 Cr (+30.2%), PAT ₹52.4 Cr (+9.2%); H1 revenue ₹341.2 Cr (+30.7%), PAT ₹108.9 Cr (+20.0%). Growth led by Ratings and Fintellix-driven R&A.

Results Update

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%.

Financial Results

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

Board Meeting Date

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.

Other Announcement

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.

Management Change

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.

AcquisitionNazara Technologies Ltd NAZARA

Nazara Technologies Acquisition Worth ₹731.5 Cr

Nazara paid a USD 77 million second tranche, about ₹731.50 Crore, for Bluetile and Bestplay. The balance consideration will be discharged per the Amended SPA later.

Value

₹731.5 Cr

AcquisitionRane Holdings Ltd RANEHOLDIN

Rane Holdings Acquisition Worth ₹80.85 Cr

Rane Holdings completed Rs 80.85 crore further investment in joint venture ZF Lifetec Rane Automotive. Its 49% stake stays unchanged after subscribing 5,15,954 shares.

Value

₹80.85 Cr

AcquisitionDeep Health AI India Ltd DDIL

Deep Health AI India Acquisition Worth ₹19.5 Cr

Deep Health AI amended its MoU to acquire Pune agricultural land, revising consideration to Rs. 19.50 Crore. Completion is extended by one year under the revised terms.

Value

₹19.50 Cr

Execution

Balance consideration and completion timelines extended by one year

AcquisitionAeroflex Enterprises Ltd AEROENTER

Aeroflex Enterprises Acquisition Worth ₹31 Cr

Aeroflex Neu, a material subsidiary, approved acquiring 55% of Aerolex Cables for ₹31 Crore. The move enters wire and cable manufacturing and exporting.

Value

₹31.00 Cr

AcquisitionBrainbees Solutions Ltd FIRSTCRY

Brainbees Solutions Acquisition Worth ₹18.68 Cr

Brainbees' subsidiary Globalbees acquired an additional 14.23% stake in JW Brands for INR 18.68 Crore in cash. JW Brands becomes 89.33% owned, lifting Globalbees' holding from 75.10%.

Value

₹18.68 Cr

AcquisitionAeroflex Neu Ltd AERONEU

Aeroflex Neu Acquisition Worth ₹31 Cr

Aeroflex Neu will buy 55% of Aerolex Cables Private Limited for ₹31.00 Crore in cash. Further tranches will follow under pre-agreed valuation terms.

Value

₹31.00 Cr

Execution

First tranche of 55% within 60 days of board approval; later tranches per definitive agreements