---
title: "ICRA Ltd (ICRA) — Share Price, Financials & Analysis"
symbol: "ICRA"
company: "ICRA Ltd"
canonical: "https://tapetide.com/stocks/ICRA"
isin: "INE725G01011"
nse_symbol: "ICRA"
bse_code: "532835"
sector: "Financial Services"
industry: "Rating Services"
market_cap_cr: 4541.77
generated_at: "2026-09-13T19:02:41.678Z"
---

# ICRA Ltd (ICRA)

Canonical page: https://tapetide.com/stocks/ICRA

## Company

- **NSE Symbol:** ICRA
- **BSE Code:** 532835
- **ISIN:** INE725G01011
- **Sector:** Financial Services
- **Industry:** Rating Services
- **Macro Sector:** Financial Services
- **Stock Type:** EQUITY
- **Listed Since:** 2007-04-13
- **CEO:** Mr. Ramnath Krishnan
- **Employees:** 1130
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** icra.in

## About

ICRA Limited was set up in 1991 by leading financial/investment institutions, commercial banks and financial services companies as an independent and professional investment Information and Credit Rating Agency.[1] It is involved in rating, management consulting and outsourcing and information services etc.[2]

## Latest Price

- **Price:** ₹4728.9
- **Change:** +2.7 (+0.06%)
- **Open:** ₹4731
- **Day High:** ₹4754.7
- **Day Low:** ₹4665.6
- **Previous Close:** ₹4726.2
- **Volume:** 21358
- **As Of:** 2026-09-11T09:59:44+00:00

## Key Fundamentals

Observed at 2026-09-11T04:40:55.112935Z.

- **Market Cap:** ₹4541.77 Cr
- **Classification:** Microcap
- **P/E (reported):** 23.3
- **P/E (TTM):** 23.38
- **EPS (TTM):** ₹202.3
- **EPS (reported):** ₹151.59
- **Book Value:** ₹1223.41
- **Price to Book:** 3.87
- **Dividend Yield:** 2.22%
- **ROE:** 15.4%
- **ROCE:** 20.52%
- **Debt to Equity:** 0.02
- **Revenue (yearly):** ₹674.5 Cr
- **Net Income:** ₹182.5 Cr
- **EBITDA:** ₹290 Cr
- **52-Week High:** ₹6982
- **52-Week Low:** ₹4692
- **RSI (14):** 37.5

## Tapetide Score

- **Score:** 48 / 100
- **Score date:** 2026-09-04
- **Archetype:** Losing Momentum
- **What it means:** A capable business whose price trend has turned while the multiple is still demanding. Often a re-rating in progress rather than a broken company — watch whether earnings stay resilient.
- **Pillar profile:** Quality: Good · Valuation: Expensive · Momentum: Falling
- **Percentile:** 39.4 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 82.58 | 9% |
| growth | 76.88 | 9% |
| momentum | 28.95 | 12% |
| ownership | 17.4 | 24% |
| quality | 66.13 | 22% |
| valuation | 49.11 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 51.2%

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 8.54% | 46.96% | 62.69% |
| ebitda margin growth | 4.06% | -3.02% | 0.14% | 2.19% |
| net income growth | 7.21% | 6.6% | 11% | 18% |
| revenue growth | 3.39% | 17.22% | 14% | 15% |
| roce | 3.84% | -4.07% | 0.98% | 19.78% |
| roe | 7.16% | -4.88% | 15.7% | 15.01% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 105 | 115 | 124 | 115 | 126 | 121 | 136 | 124 | 137 | 164 | 175 | 163 |
| Expenses | 71 | 84 | 74 | 80 | 85 | 79 | 77 | 85 | 88 | 106 | 105 | 108 |
| Operating Profit | 34 | 30 | 50 | 35 | 41 | 42 | 59 | 40 | 49 | 57 | 70 | 55 |
| OPM % | 32 | 26 | 40 | 31 | 33 | 35 | 43 | 32 | 36 | 35 | 40 | 34 |
| Other Income | 16 | 17 | 24 | 18 | 20 | 19 | 21 | 24 | 21 | 9 | 14 | 32 |
| Interest | 0 | 3 | 7 | 2 | 0 | 1 | 1 | 2 | 1 | 1 | 1 | 0 |
| Depreciation | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 10 | 10 | 11 |
| Profit before tax | 47 | 41 | 62 | 47 | 57 | 56 | 74 | 58 | 64 | 55 | 73 | 76 |
| Tax % | 32 | 20 | 24 | 24 | 35 | 24 | 24 | 27 | 25 | 29 | 28 | 26 |
| Net Profit | 32 | 32 | 47 | 36 | 37 | 42 | 56 | 43 | 48 | 39 | 53 | 56 |
| EPS in Rs | 32.92 | 33.31 | 48.56 | 36.8 | 38.05 | 43.55 | 57.75 | 43.97 | 49.54 | 40.22 | 54.35 | 58.19 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 309 | 328 | 321 | 301 | 343 | 403 | 446 | 498 | 600 | 638 |
| Expenses | 194 | 215 | 225 | 220 | 222 | 260 | 297 | 320 | 384 | 408 |
| Operating Profit | 115 | 113 | 96 | 81 | 121 | 143 | 149 | 178 | 215 | 230 |
| OPM % | 37 | 34 | 30 | 27 | 35 | 35 | 33 | 36 | 36 | 36 |
| Other Income | 49 | 45 | 48 | 43 | 41 | 50 | 75 | 77 | 68 | 76 |
| Interest | 0 | 0 | 2 | 2 | 2 | 1 | 10 | 5 | 4 | 3 |
| Depreciation | 8 | 6 | 10 | 10 | 8 | 10 | 13 | 16 | 28 | 35 |
| Profit before tax | 157 | 152 | 131 | 112 | 152 | 181 | 200 | 234 | 250 | 268 |
| Tax % | 35 | 30 | 26 | 26 | 25 | 25 | 24 | 27 | 27 | — |
| Net Profit | 101 | 106 | 97 | 83 | 114 | 137 | 152 | 171 | 183 | 196 |
| EPS in Rs | 101.68 | 109.21 | 99.66 | 84.61 | 116.35 | 140.13 | 156.55 | 176.15 | 188.08 | 202.3 |
| Dividend Payout % | 29 | 27 | 27 | 32 | 24 | 93 | 64 | 34 | 56 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 |
| Reserves | 539 | 645 | 631 | 692 | 748 | 834 | 941 | 967 | 1044 | 1171 |
| Borrowings | 0 | 0 | 0 | 0 | 17 | 14 | 13 | 13 | 13 | 18 |
| Other Liabilities | 111 | 116 | 128 | 144 | 121 | 121 | 138 | 195 | 225 | 282 |
| Total Liabilities | 660 | 771 | 769 | 846 | 896 | 978 | 1101 | 1184 | 1292 | 1481 |
| Fixed Assets | 37 | 36 | 34 | 54 | 46 | 46 | 47 | 91 | 90 | 313 |
| CWIP | 1 | 0 | 1 | 2 | 3 | 2 | 1 | 1 | 4 | 2 |
| Investments | 311 | 338 | 182 | 104 | 177 | 454 | 689 | 813 | 773 | 730 |
| Other Assets | 312 | 396 | 552 | 685 | 669 | 478 | 364 | 278 | 426 | 436 |
| Total Assets | 660 | 771 | 769 | 846 | 896 | 978 | 1101 | 1184 | 1292 | 1481 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 63 | 62 | 81 | 21 | 76 | 97 | 99 | 107 | 145 | 157 |
| Cash from Investing Activity | -12 | -54 | 45 | 11 | -32 | -72 | -77 | 28 | -17 | -95 |
| Cash from Financing Activity | -69 | 4 | -121 | -41 | -32 | -31 | -32 | -137 | -103 | -67 |
| Net Cash Flow | -17 | 12 | 5 | -8 | 12 | -7 | -10 | -2 | 25 | -5 |
| Free Cash Flow | 60 | 63 | 81 | 17 | 74 | 91 | 90 | 100 | 133 | 145 |
| CFO/OP | 104 | 98 | 109 | 59 | 131 | 114 | 103 | 106 | 113 | 103 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 37 | 48 | 38 | 65 | 58 | 28 | 34 | 42 | 35 | 48 |
| Cash Conversion Cycle | 37 | 48 | 38 | 65 | 58 | 28 | 34 | 42 | 35 | 48 |
| Working Capital Days | -45 | -41 | -44 | -2 | -48 | -55 | -64 | -61 | -74 | -52 |
| ROCE % | 26 | 25 | 23 | 20 | 15 | 19 | 20 | 21 | 23 | 23 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 51.87% | 51.87% | 51.87% | 51.87% | 51.87% | 51.87% | 51.87% | 51.87% | 51.87% | 51.87% | 51.87% | 51.87% |
| FIIs | 8.15% | 8.22% | 8.42% | 8.58% | 8.77% | 9.06% | 8.78% | 8.66% | 6.87% | 7.24% | 7.92% | 6.9% |
| DIIs | 24.02% | 20.33% | 24.08% | 23.63% | 24.13% | 23.92% | 24.17% | 24.38% | 26.16% | 25.54% | 24.52% | 24.27% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 11.91% | 11.7% | 11.53% | 11.62% | 11.04% | 10.91% | 10.93% | 10.87% | 10.89% | 10.89% | 11.04% | 11.64% |
| Others | 4.06% | 7.89% | 4.11% | 4.31% | 4.2% | 4.24% | 4.26% | 4.23% | 4.21% | 4.46% | 4.65% | 5.32% |
| No. of Shareholders | 17520 | 17415 | 17547 | 18526 | 19138 | 19757 | 20521 | 21176 | 21818 | 21929 | 22189 | 23802 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 3 / 4 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 4860.88 | Sell |
| EMA (10) | 4836.42 | Sell |
| SMA (20) | 4904.46 | Sell |
| EMA (20) | 4898.08 | Sell |
| SMA (50) | 5022.62 | Sell |
| EMA (50) | 5007.81 | Sell |
| SMA (100) | 5164.12 | Sell |
| EMA (100) | 5156.87 | Sell |
| SMA (200) | 5483.57 | Sell |
| EMA (200) | 5400.59 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 37.7 | Neutral |
| MACD (12,26,9) | -73.1 | Sell |
| Stochastic (14,3,3) | 7.46 | Buy |
| ADX (14) | 14.45 | Neutral |
| Williams %R (14) | -87.54 | Buy |
| ATR (14) | 135.65 | Neutral |
| ROC (12) | -3.65 | Sell |
| Stoch RSI (14) | 1.31 | Buy |
| UO (7,14,28) | 32.5 | Neutral |

## Analyst Ratings

| Recommendation | Analysts | Share |
| --- | --- | --- |
| Buy | 1 | 100% |
| Hold | 0 | 0% |
| Sell | 0 | 0% |

Based on 1 analyst ratings, observed at 2026-09-11T04:40:56.547368+00:00.

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-08-27 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2343fdbc-805c-404c-a738-18dcf39f327b.pdf) |
| 2026-08-21 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=25e87490-0ce7-48f7-8995-d1da1d7cfb20.pdf) |
| 2026-08-20 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a829e0a9-8eb9-460d-adf6-0e8526125915.pdf) |
| 2026-08-07 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8e669c17-2b37-458d-8261-4b8954084c70.pdf) |
| 2026-07-31 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fc6eb237-26fa-4f4b-b226-152279712b7c.pdf) |
| 2026-07-31 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c5196188-6105-43f5-90e5-ecbd4356f5f3.pdf) |
| 2026-07-30 | [Board Meeting Outcome for Outcome Of The Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b7299cd7-d31a-43b3-8ec2-283f6621aa50.pdf) |
| 2026-07-30 | [Announcement under Regulation 30 (LODR)-Press Release / Media Release](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2fc37d5f-e778-40ef-b3f5-d81833107faa.pdf) |
| 2026-07-30 | [Announcement under Regulation 30 (LODR)-Press Release / Media Release](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b7ed8306-fd4f-4836-b7fd-739c965ada11.pdf) |
| 2026-07-30 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=aeb7c0ae-8a04-4424-afa8-049c35afef8b.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-07-30 | [Unaudited Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=77995811-23c3-4ded-9b5c-d13a4d1e3475.pdf) |
| 2026-05-21 | [Audited Financial Results For The Quarter And Year Ended March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=82e44a8a-c709-46b7-8ae7-32174ebd965c.pdf) |
| 2026-05-21 | [Audited Financial Results For The Quarter And Year Ended March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d9bf58cf-dbaa-4018-9bd8-136fbfb70d1b.pdf) |
| 2026-01-28 | [Unaudited Financial Results For The Third Quarter And Nine Months Ended December 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=395d0201-4c30-419f-b737-3f2d42382bd5.pdf) |
| 2025-10-28 | [Unaudited Financial Results For The Second Quarter And Half Year Ended September 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f13a5fba-8529-4baa-953a-b8c7cc894d87.pdf) |
| 2025-07-31 | [Unaudited Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3ad34c4c-c01e-4e00-bac2-16be12fb9a2b.pdf) |
| 2025-05-29 | [Audited Financial Results March 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0179e8ee-c3d0-4735-9cfb-2f66f7669219.pdf) |
| 2025-02-10 | [Unaudited Financial Results For The Third Quarter And Nine Months Ended December 31 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b9b84328-94ab-4394-b489-e1ca97d3715a.pdf) |
| 2024-10-25 | [UFR September 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2ab196f1-27b6-4dcb-9717-eb3389379064.pdf) |
| 2024-07-23 | [Q1 FY25](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3868256a-9c8d-4e7f-b6b7-448ee03a4e9d.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2026-07-30 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bcda7de4-cf58-4a38-b050-b49b4d35b440.pdf) |
| 2026-05-22 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1ba7c48d-00dd-4e08-9727-b34c631f1c5a.pdf) |
| 2026-01-28 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bfc67d0c-29ab-4985-bbe6-34ff2bb37c3d.pdf) |
| 2025-10-28 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=83ba3a3c-f423-49b9-9762-015b0e4f9e52.pdf) |
| 2025-10-28 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ca292c49-063e-4088-9e2a-94464e27f369.pdf) |
| 2025-07-31 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9c38dd83-0819-4bb9-999d-da04adf591b7.pdf) |
| 2025-05-30 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=71ec9dbf-45be-4d60-bf0c-f83dabaec786.pdf) |
| 2025-02-11 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5ef9ddc1-6c56-49c1-b274-27d1ba4c3172.pdf) |
| 2024-10-25 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ea0efc07-5a51-4ca8-a1a5-b29b88c23700.pdf) |
| 2024-07-24 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4f09e4a6-5626-4c1f-a0ea-c425f66ff3cb.pdf) |

### Earnings Call Recordings

| Date | Document |
| --- | --- |
| 2026-05-25 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9890306d-bb9d-489c-931f-055ab7fce2e8.pdf) |
| 2025-10-29 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=108a8a33-17c9-467b-8f46-e194149e6dbf.pdf) |
| 2024-10-28 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=349da805-7d6d-483c-9aae-3637e36e153a.pdf) |
| 2024-05-28 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a0a92fe2-5584-4530-ba55-ffda61726e0f.pdf) |
| 2023-10-23 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a8749972-aab2-4b20-ac1b-39c449002cfc.pdf) |
| 2023-05-25 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bf02fb3d-70b4-48bd-941f-a36fc3dee854.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9h - ICRA confirms it is not a large corporate; outstanding borrowings were nil as of March 31, 2026. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 9h - ICRA confirms it is not a large corporate; outstanding borrowings were nil as of March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/ec5475b1-9893-463f-8439-80a1941c3f8b.pdf) |
| 9 Apr - Nippon India Mutual Fund raised ICRA stake to 8.3853% via open-market buys from July 8, 2025 to April 7, 2026. | [Disclosures Under Regulation 29(2) Of The SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations, 2011 9 Apr - Nippon India Mutual Fund raised ICRA stake to 8.3853% via open-market buys from July 8, 2025 to April 7, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b15afff2-6ff5-4812-a032-486b927fde1a.pdf) |
| 5 May - ICRA board meets May 21, 2026 to approve Q4/FY26 audited results and consider dividend. | [Board Meeting Intimation for Approval Of The Audited Financial Results (Standalone & Consolidated) Of The Company For The Quarter And Year Ended March 31, 2026 And To Recommend Dividend, If Any, On The Equity Shares Of The Company For The Financial Year 2025-26. 5 May - ICRA board meets May 21, 2026 to approve Q4/FY26 audited results and consider dividend.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/9163ab9a-44b9-438f-9b64-994ce614b61c.pdf) |
| 5 Feb - ICRA meeting with LIC Mutual Fund, in-person Mumbai on Feb 9, 2026; no unpublished price-sensitive information. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 5 Feb - ICRA meeting with LIC Mutual Fund, in-person Mumbai on Feb 9, 2026; no unpublished price-sensitive information.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1188d512-dabd-4772-b7f4-e4224073172d.pdf) |
| 21 Apr - ICRA confirms it is not a large corporate; outstanding borrowings were nil as of March 31, 2026. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 21 Apr - ICRA confirms it is not a large corporate; outstanding borrowings were nil as of March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ec5475b1-9893-463f-8439-80a1941c3f8b.pdf) |
| 2 Mar - Trading window closed from March 13, 2026 until 48 hours after FY2025-26 results declaration. | [Closure of Trading Window 2 Mar - Trading window closed from March 13, 2026 until 48 hours after FY2025-26 results declaration.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/feb55094-1a1f-4bb2-9a1e-7aa5e6921853.pdf) |
| — | [Announcement under Regulation 30 (LODR)-Newspaper Publication 17 Apr](https://www.bseindia.com/xml-data/corpfiling/AttachHis/74dcd62e-edc8-4d1a-b343-faa8484c8171.pdf) |
| — | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 10 Apr](https://www.bseindia.com/xml-data/corpfiling/AttachHis/623C6F8D_090F_47DB_99C3_47115B0047B8_094417.pdf) |
| — | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 10 Apr](https://www.bseindia.com/xml-data/corpfiling/AttachHis/09C43E16_0CDC_4059_BDA8_B0A39028C7CF_095831.pdf) |
| — | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 6 Apr](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a7c70b9b-9e93-47cf-a117-b16191d1ffd0.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Oct 2025 | [Concall - Oct 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/83ba3a3c-f423-49b9-9762-015b0e4f9e52.pdf) |
| Oct 2023 | [Concall - Oct 2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8061a6f4-6594-42e3-bd4a-5a37a605b8c5.pdf) |
| Oct 2023 | [Concall - Oct 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8061a6f4-6594-42e3-bd4a-5a37a605b8c5.pdf) |
| Oct 2022 | [Concall - Oct 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1f51a8ec-404c-445d-b93c-a00386605979.pdf) |
| Oct 2021 | [Concall - Oct 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a759bf68-a17b-4fbe-a614-2ba6750701cc.pdf) |
| Oct 2019 | [Concall - Oct 2019](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=af846478-08e6-46e4-87a5-75a4101b796c.pdf) |
| Oct 2019 | [Concall - Oct 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/af846478-08e6-46e4-87a5-75a4101b796c.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ac7dbd87-d3de-457d-8d8b-b4121485e069.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2359c114-c26d-4bf1-993b-980fc1f31a73.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2359c114-c26d-4bf1-993b-980fc1f31a73.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2026 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f4c46031-c2f1-4631-8438-38d9f8a280d6.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b1e3b189-e0c7-43b5-84b9-dc0b938a8fa9.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/153cbc74-da4e-4556-b7bd-6984f8c9101e.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3277d89c-c7a5-4e2f-8810-2a918915857b.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/532835/73630532835.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/532835/68691532835.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/532835/65203532835.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/532835/5328350319.pdf) |

### Earnings Call Transcripts

| Date | Document |
| --- | --- |
| 2024-11-01 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3576cc2f-c91d-4274-a300-a0f7843f1f0c.pdf) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:02:41.678Z.