ALFA Finder| Margins | Segment results improved: Ratings (44.6 Cr) and R&A (15.6 Cr). |
|---|---|
| Demand visibility | Strong bank credit and NBFC demand; rural outlook cautious due to monsoon. |
Growth
Revenue grew 31.2% YoY; PAT grew 32.0% YoY. Ratings segment revenue reached 83.8 Cr; Risk & Analytics reached 80.6 Cr.
Outlook
Budgeted GoI capex rise of 14.3% in FY2027 supports investment; focus on integration of D2K and Fintellix subsidiaries.
Risks
Downside risks from West Asia conflict, weak monsoon (~15% deficit), and back-ended rate hike possibilities dampening demand.
Last quarter's promises, checked
Delivered
- Guided double-digit Ratings growth → delivered 13% (= BEAT)
- Targeted Fintellix integration → delivered full stake acquisition (= BEAT)
- Guided R&A growth via Fintellix → delivered 58.7% YoY (= BEAT)
Investor Presentation filed with BSE, NSE: ICRA. Summary written with AI assistance from the document.
ICRA Ltd: key numbers
- Share price
- ₹4,505.10
- Market cap
- ₹4,348 Cr
- Revenue (annual)
- ₹599.5 Cr
- Net profit (annual)
- ₹181.5 Cr
- P/E (TTM)
- 21.8×Sector 20.8×
- 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 Management Change
ICRA's non-executive director Stephen Arthur Long has resigned, effective 1 January 2027. The resignation was received today by email.
ICRA Earnings Call Transcript: Key Takeaways
Management skipped detailed numbers and gave no guidance. Ratings revenue grew 15.2% in H1, non-ratings stayed flat near ₹80 Cr a quarter, and acquisition losses were left unresolved.
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.
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.