ICRA Ltd Analyst Rating
based on 2 analysts
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 ₹6999.5
Source: S&P Global Market Intelligence
ICRA Ltd Share analysis
ICRA Ltd price forecast by 2 analysts
Upside of10.55%
High
₹7999
Target
₹6999.50
Low
₹6000
ICRA Ltd target price ₹6999.5, a slight upside of 10.55% compared to current price of ₹6331.8. According to 2 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
ICRA Ltd revenue growth forecast
Expected growth rate Q1, FY2026:30.32%
Forecast
Actual
Including amortisation and stock based compensations
ICRA Ltd EPS growth forecast
EPS estimate Q1, FY2026:30.62%
Forecast
Actual
Source: S&P Global Market Intelligence
ICRA Ltd Performance
Day's Low
Day's High
₹6,162.6₹6,364.8552 Week's Low
52 Week's High
₹4,983.4₹7,735.4
| Returns % | |
| 1 Month Return | -7.8 % |
| 3 Month Return | + 7.36 % |
| 1 Year Return | + 14.39 % |
| Market Stats | |
| Previous Close | ₹6,184.80 |
| Open | ₹6,202.90 |
| Volume | 2,675.00 |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹5,969.09Cr |
ICRA Ltd Key Statistics
| P/E Ratio | 40.27 |
| PEG Ratio | 20.13 |
| Market Cap | ₹5,969.09 Cr |
| P/B Ratio | 7.09 |
| EPS | 157.74 |
| Dividend Yield | 1.84 |
| Sector | Credit Rating Agencies |
| ROE | 16.67 |
ICRA Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| HOLD | ₹5,969.09 Cr | 26.51% | 0.51 | ₹152 Cr | ₹446 Cr | |
| BUY | ₹4,079.10 Cr | 37.83% | 0.52 | ₹102 Cr | ₹331 Cr |
About ICRA Ltd
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: ₹6331.80 per share as on 22 Nov, 2024 04:01 PM
Market Capitalisation: ₹5,969.09Cr as of today
Revenue: ₹126.12Cr as on September 2024 (Q3 24)
Net Profit: ₹37.10Cr as on September 2024 (Q3 24)
Listing date: 13 Apr, 2007
Chairperson Name: Arun Duggal
| Organisation | ICRA Ltd |
| Headquarters | Gurugram |
| Industry | Credit Rating Agencies |
| E-voting on shares | Click here to vote |
Key events for ICRA Ltd
ICRA Reports Strong Q2 Growth and Buy Recommendation - 12 Nov, 2024
ICRA Ltd's Q2 EBITDA rose 21% year-on-year to ₹413 million, exceeding projections. Rating revenue grew 24%, with a Buy recommendation and target price of ₹7,999.
Arun Duggal Steps Down as ICRA Chairman - 11 Nov, 2024
Arun Duggal has stepped down as chairman and independent director of ICRA Ltd after his term ended on November 10, 2024. Ranjana Agarwal also resigned as an independent director. Following this news, ICRA shares traded down 1.40% at Rs 6,878.75.
ICRA Projects Limited Rate Cuts by RBI - 08 Nov, 2024
Aditi Nayar, chief economist at ICRA, forecasts that any potential rate cuts by the Reserve Bank of India will be limited to 50 basis points, indicating a cautious approach compared to the Fed's aggressive measures.
ICRA Reports Strong Sales Growth for September 2024 - 28 Oct, 2024
ICRA's standalone net sales for September 2024 reached Rs 72.08 crore, a 23.79% increase year-over-year. Quarterly net profit also rose by 16.11%. Overall, ICRA shows positive financial growth.
ICRA Predicts Slowdown in Credit Growth for FY25 - 24 Oct, 2024
ICRA projects a slowdown in credit growth for banks and NBFCs in FY25, influenced by regulatory actions and concerns over borrower overleveraging. Retail credit demand remains strong, but growth is expected to moderate significantly.
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%.
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.
POSITIVE IMPACTPrice Rise
In the last 7 days, ICRA stock has moved up by 1.6%
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 2 quarters, 35.52 Cr → 36.72 Cr (in ₹), with an average increase of 3.3% per quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 16.64% to 17.32% in Sep 2024 quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 2 quarters, 132.7 Cr → 146.17 Cr (in ₹), with an average increase of 9.2% per quarter
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 8.58% to 8.77% in Sep 2024 quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 51.87% of holdings in Sep 2024 quarter
- NO EFFECT
Against Peers
In the last 1 year, CARE Ratings Ltd has given 52.7% return, outperforming this stock by 38.3%
- NO EFFECT
Against Peers
In the last 3 years, Informed Technologies India Ltd has given 235.1% return, outperforming this stock by 159.4%
NEGATIVE IMPACTRetail Holding Down
Retail Investor have decreased holdings from 15.59% to 14.92% in Sep 2024 quarter
ICRA Ltd Financials
Index Inclusions
ICRA Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 51.87% | 0.00 | |
| Foreign Institutions | 8.77% | 2.13 | |
| Mutual Funds | 17.32% | 4.10 | |
| Retail Investors | 14.92% | ||
| Others | 7.12% |
ICRA Ltd Key Indicators
ICRA Ltd Valuation
ICRA Ltd in the last 5 years
Lowest (20.91x)
April 7, 2020
Today (40.27x)
November 22, 2024
Industry (56.77x)
November 22, 2024
Highest (47.70x)
September 25, 2024
ICRA Ltd Earnings and Dividends
ICRA Ltd Earnings Results
ICRA Ltd’s net profit jumped 15.58% since last year same period to ₹36.72Cr in the Q2 2024-2025. On a quarterly growth basis, ICRA Ltd has generated 3.38% jump in its net profits since last 3-months.
Read More about Earnings ResultsICRA Ltd Dividends May,2024
In the quarter ending March 2024, ICRA Ltd has declared dividend of ₹100 - translating a dividend yield of 3.63%.
Read More about Dividends
ICRA Ltd Technicals Summary
Bearish
Neutral
Bullish
ICRA Ltd is currently in a Bearish trading position according to technical analysis indicators.
FAQs on ICRA Ltd
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ICRA Ltd (ICRA) share price today is ₹6331.8
ICRA Ltd is listed on NSE
ICRA Ltd is listed on BSE
- Today’s highest price of ICRA Ltd is ₹6364.85.
- Today’s lowest price of ICRA Ltd is ₹6162.6.
PE Ratio of ICRA Ltd is 40.27
PE ratio = ICRA Ltd Market price per share / ICRA Ltd Earnings per share
Today’s traded volume of ICRA Ltd(ICRA) is 2,675.00.
Today’s market capitalisation of ICRA Ltd(ICRA) is ₹5969.09Cr.
| ICRA Ltd(ICRA | Price |
|---|---|
52 Week High | ₹7735.4 |
52 Week Low | ₹4983.4 |
ICRA Ltd(ICRA) share price is ₹6331.8. It is down -18.15% from its 52 Week High price of ₹7735.4
ICRA Ltd(ICRA) share price is ₹6331.8. It is up 27.06% from its 52 Week Low price of ₹4983.4
| ICRA Ltd(ICRA | Returns |
|---|---|
1 Day Returns | 147% |
1 Month Returns | -7.8% |
3 Month Returns | 7.36% |
1 Year Returns | 14.39% |