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ICRA Ltd

(ICRA)

₹7083.52.33%

as on 04:01PM, 21 Oct 2024

Overview
News
Financials
Q2 2024 Results
Technicals

ICRA Ltd Analyst Rating

based on 2 analysts

BUY

50.00%

Buy

0.00%

Hold

50.00%

Sell

Based on 2 analysts offering long term price targets for ICRA Ltd. An average target of ₹5943

Source: S&P Global Market Intelligence

ICRA Ltd Share analysis

ICRA Ltd price forecast by 2 analysts

Downside of-18.06%

High

₹6686

Target

₹5943.00

Low

₹5200

ICRA Ltd target price ₹5943, a slight downside of -18.06% compared to current price of ₹7083.5. According to 2 analysts rating.

Source: S&P Global Market Intelligence

ICRA Ltd Performance

  • Day's Low

    Day's High

    ₹7,046.05
    ₹7,373
  • 52 Week's Low

    52 Week's High

    ₹4,983.4
    ₹7,735.4
1 Month Return+ 0.85 %
3 Month Return+ 25.21 %
1 Year Return+ 39.82 %
Previous Close₹7,252.85
Open₹7,305.00
Volume3,040.00
Upper Circuit-
Lower Circuit-
Market Cap₹6,999.89Cr

ICRA Ltd Key Statistics

P/E Ratio47.69
PEG Ratio-5.74
Market Cap₹6,999.89 Cr
P/B Ratio7.09
EPS157.74
Dividend Yield1.84
SectorCredit Rating Agencies
ROE16.67

ICRA Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹6,999.89 Cr36.46%0.51₹152 Cr₹446 Cr
BUY₹3,683.26 Cr26.91%0.52₹102 Cr₹331 Cr

About ICRA Ltd

ICRA Ltd is a leading credit rating agency in India, incorporated in 1991. It is a joint venture between Moody's Investors Service and ICRA Ltd. ICRA Ltd provides credit ratings and research services to banks, financial institutions, corporates, and governments. It operates in various lines of business, such as ratings and research, risk management, and consulting.

The company's top products include credit ratings, research, and advisory services. ICRA Ltd's ratings cover various sectors such as banking, financial services, infrastructure, manufacturing, and services. It also provides research services on various sectors such as banking, financial services, infrastructure, manufacturing, and services. Popular brands associated with ICRA Ltd include ICRA Online, ICRA Credit Ratings, and ICRA Credit Rating Services.

Share Price: ₹7083.50 per share as on 21 Oct, 2024 04:01 PM
Market Capitalisation: ₹6,999.89Cr as of today
Revenue: ₹114.82Cr as on June 2024 (Q2 24)
Net Profit: ₹35.89Cr as on June 2024 (Q2 24)
Listing date: 13 Apr, 2007
Chairperson Name: Arun Duggal
OrganisationICRA Ltd
HeadquartersGurugram
IndustryCredit Rating Agencies
E-voting on sharesClick here to vote

Key events for ICRA Ltd

  • ICRA Stock Hits 52-Week High Ahead of Earnings - 17 Oct, 2024

    ICRA's stock surged over 11% to a new 52-week high as investor interest increased ahead of its Q2FY25 earnings announcement scheduled for October 25, 2024.

  • ICRA Projects Strong Growth for Air-Conditioner Sales - 15 Oct, 2024

    ICRA forecasts a 20-25% year-on-year growth in Indian room air-conditioner sales volumes for FY2025, reaching 12-12.5 million units, with revenues expected to rise by ~25%.

  • ICRA Highlights Investment Needs for Renewable Energy - 20 Sep, 2024

    ICRA experts estimate that India requires over Rs 3 trillion annually to achieve 440 GW of renewable energy capacity by 2030, emphasizing significant investment needs.

Insights on ICRA Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 16.64% to 17.32% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 8.58% to 8.77% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 7 days, ICRA stock has moved up by 5.4%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Informed Technologies India Ltd has given 48.7% return, outperforming this stock by 8.9%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Informed Technologies India Ltd has given 192.3% return, outperforming this stock by 89.2%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 51.87% of holdings in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 15.59% to 14.92% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 147.64 Cr → 132.7 Cr (in ₹), with an average decrease of 10.1% per quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 46.87 Cr → 35.52 Cr (in ₹), with an average decrease of 24.2% per quarter

ICRA Ltd Infographics

ICRA Ltd Q3 FY2023-2024 Results

ICRA's Q3 earnings show sharp rise in expenses!

  • ICRA's Q3 earnings show sharp rise in expenses!
  • Expenses jump by double digits as financing costs increase by 827%
  • Net profit remains stable as tax expense drops significantly for the quarter
  • ICRA has given strong long term returns to shareholders

ICRA Ltd Financials

Value in ₹ crore
DetailsQ'2 23Q'3 23Q'4 23Q'1 24Q'2 24
Revenue₹102.71Cr (-)₹104.85Cr (↑2.08%)₹114.59Cr (↑9.29%)₹123.96Cr (↑8.18%)₹114.82Cr (↓7.37%)
Net Income₹40.63Cr (-)₹32.15Cr (↓20.87%)₹32.41Cr (↑0.81%)₹47.06Cr (↑45.20%)₹35.89Cr (↓23.74%)
Net Profit Margin39.56% (-)30.66% (↓22.50%)28.28% (↓7.76%)37.96% (↑34.23%)31.26% (↓17.65%)
Value in ₹ crore
Details2021202220232024
Total Assets₹720.83Cr (-)₹770.70Cr (↑6.92%)₹856.68Cr (↑11.16%)₹879.77Cr (↑2.70%)
Total Liabilities₹106.25Cr (-)₹105.92Cr (↓0.31%)₹120.10Cr (↑13.39%)₹138.34Cr (↑15.19%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹2.97Cr (-)₹52.78Cr (↑1,677.10%)₹38.64Cr (↓26.79%)₹52.54Cr (↑35.97%)₹56.56Cr (↑7.65%)

Index Inclusions

BSE Small-Cap

₹55,648.96

-1.51 (-851.09%)

S&P BSE AllCap

₹10,734.78

-0.78 (-84.78%)

S&P BSE Fin. Ser

₹11,597.77

-0.25 (-28.97%)

ICRA Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
51.87%
0.00
Foreign Institutions
8.77%
2.13
Mutual Funds
17.32%
4.10
Retail Investors
14.92%
-4.32
Others
7.12%
-2.62

ICRA Ltd Key Indicators

Details20202021202220232024
Return On Equity %11.498.8511.4613.6916.67
Details20202021202220232024
Return On Assets %13.9811.3314.5715.7917.17
Details20202021202220232024
Book Value Per Share (₹)726.97785.11874.1984.621011.78
Details20202021202220232024
Earning Per Share (₹)100.7585.67117.64141.67157.74

ICRA Ltd Valuation

ICRA Ltd in the last 5 years

  • Overview

  • Trends

Lowest (20.91x)

April 7, 2020

Today (47.69x)

October 18, 2024

Industry (50.84x)

October 18, 2024

Highest (47.80x)

October 1, 2024

LowHigh

ICRA Ltd Earnings and Dividends

  • ICRA Ltd Earnings Results

    ICRA Ltd’s net profit fell -11.88% since last year same period to ₹35.52Cr in the Q1 2024-2025. On a quarterly growth basis, ICRA Ltd has generated -24.22% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • ICRA Ltd Dividends May,2024

    In the quarter ending March 2024, ICRA Ltd has declared dividend of ₹100 - translating a dividend yield of 3.25%.

    Read More about Dividends

ICRA Ltd Technicals Summary

Bearish

Neutral

Bullish

Bullish

ICRA Ltd is currently in a Bullish trading position according to technical analysis indicators.

FAQs on ICRA Ltd

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ICRA Ltd (ICRA) share price today is ₹7083.5

ICRA Ltd is listed on NSE

ICRA Ltd is listed on BSE

  • Today’s highest price of ICRA Ltd is ₹7373.
  • Today’s lowest price of ICRA Ltd is ₹7046.05.

PE Ratio of ICRA Ltd is 47.69

PE ratio = ICRA Ltd Market price per share / ICRA Ltd Earnings per share

Today’s traded volume of ICRA Ltd(ICRA) is 3,040.00.

Today’s market capitalisation of ICRA Ltd(ICRA) is ₹6999.89Cr.

ICRA Ltd(ICRAPrice
52 Week High
₹7735.4
52 Week Low
₹4983.4

ICRA Ltd(ICRA) share price is ₹7083.5. It is down -8.43% from its 52 Week High price of ₹7735.4

ICRA Ltd(ICRA) share price is ₹7083.5. It is up 42.14% from its 52 Week Low price of ₹4983.4

ICRA Ltd(ICRAReturns
1 Day Returns
-169.35%
1 Month Returns
0.85%
3 Month Returns
25.21%
1 Year Returns
39.82%