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ICRA

  • Market Cap: Mid Cap
  • Industry: Ratings
  • ISIN: INE725G01011
  • NSEID: ICRA
  • BSEID: 532835
INR
5,337.90
143.7 (2.77%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 6.2 k

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

6.2 k (198.33%) Volume

Shareholding (Mar 2025)

FII

8.78%

Held by 63 FIIs

DII

24.17%

Held by 22 DIIs

Promoter

51.87%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Poor long term growth as Net Sales has grown by an annual rate of 8.86% and Operating profit at 13.14% over the last 5 years

 
2

Flat results in Dec 24

3

Stock is technically in a Bearish range

4

With ROE of 15.9, it has a Very Expensive valuation with a 5.3 Price to Book Value

5

Below par performance in long term as well as near term

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Ratings

stock-summary
Market cap

INR 5,152 Cr (Mid Cap)

stock-summary
P/E

31.00

stock-summary
Industry P/E

41

stock-summary
Dividend Yield

1.93%

stock-summary
Debt Equity

-0.68

stock-summary
Return on Equity

15.85%

stock-summary
Price to Book

5.25

Revenue and Profits (1 Year):
Net Sales:
121 Cr
(Quarterly Results - Dec 2024)
Net Profit:
42 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (1.93%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-22.92%
0%
-22.92%
1 Year
-1.57%
1.90%
0.33%
2 Years
12.61%
2.92%
15.53%
3 Years
21.69%
4.35%
26.04%
4 Years
53.18%
6.11%
59.29%
5 Years
135.55%
8.62%
144.17%

Latest dividend: 100 per share ex-dividend date: Jul-19-2024

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
8.86%
EBIT Growth (5y)
13.14%
EBIT to Interest (avg)
46.89
Debt to EBITDA (avg)
0.12
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0.43
Tax Ratio
26.92%
Dividend Payout Ratio
63.88%
Pledged Shares
0
Institutional Holding
32.98%
ROCE (avg)
37.88%
ROE (avg)
14.31%
Valuation key factors
Factor
Value
P/E Ratio
31
Industry P/E
41
Price to Book Value
5.25
EV to EBIT
28.70
EV to EBITDA
25.91
EV to Capital Employed
14.26
EV to Sales
8.99
PEG Ratio
2.39
Dividend Yield
1.93%
ROCE (Latest)
45.90%
ROE (Latest)
15.85%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
No Trend
OBV
Mildly Bearish
Mildly Bearish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Mar 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 10 Schemes (17.33%)

FIIs

Held by 63 FIIs (8.78%)

Promoter with highest holding

Moody's Investment Company India Private Limited (31.66%)

Highest Public shareholder

Pari Washington India Master Fund, Ltd. (6.95%)

Individual Investors Holdings

10.93%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -4.16% vs 9.84% in Sep 2024",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 14.46% vs 3.38% in Sep 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "120.87",
          "val2": "126.12",
          "chgp": "-4.16%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "42.16",
          "val2": "41.26",
          "chgp": "2.18%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "1.07",
          "val2": "0.34",
          "chgp": "214.71%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "42.03",
          "val2": "36.72",
          "chgp": "14.46%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "34.88%",
          "val2": "32.71%",
          "chgp": "2.17%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 16.08% vs 8.61% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 0.22% vs 24.32% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "240.94",
          "val2": "207.56",
          "chgp": "16.08%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "76.44",
          "val2": "68.67",
          "chgp": "11.31%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "2.49",
          "val2": "0.63",
          "chgp": "295.24%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "72.24",
          "val2": "72.08",
          "chgp": "0.22%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "31.73%",
          "val2": "33.08%",
          "chgp": "-1.35%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 12.31% vs 9.52% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 9.63% vs 7.61% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "361.81",
          "val2": "322.15",
          "chgp": "12.31%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "118.60",
          "val2": "98.92",
          "chgp": "19.89%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "3.56",
          "val2": "3.48",
          "chgp": "2.30%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "114.27",
          "val2": "104.23",
          "chgp": "9.63%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "32.78%",
          "val2": "30.71%",
          "chgp": "2.07%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 10.63% vs 17.62% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 11.72% vs 20.44% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "446.11",
          "val2": "403.23",
          "chgp": "10.63%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "148.76",
          "val2": "142.91",
          "chgp": "4.09%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "10.41",
          "val2": "1.41",
          "chgp": "638.30%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "151.09",
          "val2": "135.24",
          "chgp": "11.72%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "33.35%",
          "val2": "35.44%",
          "chgp": "-2.09%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
120.87
126.12
-4.16%
Operating Profit (PBDIT) excl Other Income
42.16
41.26
2.18%
Interest
1.07
0.34
214.71%
Exceptional Items
0.00
0.00
Consolidate Net Profit
42.03
36.72
14.46%
Operating Profit Margin (Excl OI)
34.88%
32.71%
2.17%
Values in Rs Cr.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is -4.16% vs 9.84% in Sep 2024

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Dec 2024 is 14.46% vs 3.38% in Sep 2024

Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
240.94
207.56
16.08%
Operating Profit (PBDIT) excl Other Income
76.44
68.67
11.31%
Interest
2.49
0.63
295.24%
Exceptional Items
0.00
0.00
Consolidate Net Profit
72.24
72.08
0.22%
Operating Profit Margin (Excl OI)
31.73%
33.08%
-1.35%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 16.08% vs 8.61% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is 0.22% vs 24.32% in Sep 2023

Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
361.81
322.15
12.31%
Operating Profit (PBDIT) excl Other Income
118.60
98.92
19.89%
Interest
3.56
3.48
2.30%
Exceptional Items
0.00
0.00
Consolidate Net Profit
114.27
104.23
9.63%
Operating Profit Margin (Excl OI)
32.78%
30.71%
2.07%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 12.31% vs 9.52% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is 9.63% vs 7.61% in Dec 2023

Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
446.11
403.23
10.63%
Operating Profit (PBDIT) excl Other Income
148.76
142.91
4.09%
Interest
10.41
1.41
638.30%
Exceptional Items
0.00
0.00
Consolidate Net Profit
151.09
135.24
11.72%
Operating Profit Margin (Excl OI)
33.35%
35.44%
-2.09%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 10.63% vs 17.62% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is 11.72% vs 20.44% in Mar 2023

stock-summaryCompany CV
About ICRA Ltd stock-summary
stock-summary
ICRA Ltd
Mid Cap
Ratings
ICRA Limited is one of the most experienced Credit Rating Agencies in India. The Company rates rupee-denominated debt instruments issued by Manufacturing Companies, Commercial Banks, Non-Banking Finance Companies, Financial Institutions, Public Sector Undertakings and Municipalities. They also rates structured obligations and sector-specific debt obligations such as instruments issued by Power, Telecom and Infrastructure companies.
Company Coordinates stock-summary
Company Details
B-710 Statesman House, 148 Barakhamba Road New Delhi New Delhi : 110001
stock-summary
Tel:
stock-summary
investors@icraindia.com/info@icrain
Registrar Details
Link Intime India Pvt Ltd., Narang Tower 44, Community Centre, Naraina Industrial Area , Phase - 1, New Delhi