ICRA Limited Logo

ICRA Limited

ICRA.NS

(3.0)
Stock Price

7.214,70 INR

13.98% ROA

20.35% ROE

35.88x PER

Market Cap.

53.755.903.416,00 INR

1.34% DER

1.62% Yield

33.07% NPM

ICRA Limited Stock Analysis

ICRA Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

ICRA Limited Fundamental Stock Analysis
# Analysis Rating
1 ROE

The stock's ROE exceeds expectations (29.93%), revealing strong profitability and efficient use of shareholders' equity, making it an attractive investment opportunity.

2 ROA

The stock's ability to make a lot of money from its assets shows that it is very profitable, making it a good choice for people who want to invest and make a lot of money.

3 DER

The stock has a low debt to equity ratio (1%), which means it has a small amount of debt compared to the ownership it holds

4 Assets Growth

Over the past five years, this company's revenue has consistently increased, demonstrating a robust financial performance that makes it an appealing opportunity.

5 Dividend

The company's consistent dividend payouts over the past five years exemplify its strong commitment to providing shareholders with reliable returns, making it an attractive investment option.

6 Dividend Growth

The company's dividend growth has exhibited a remarkable upward trend over the past three years, consistently delivering higher payouts to shareholders.

7 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock appears undervalued (19.388), presenting an attractive investment chance with its intrinsic value surpassing the current market price.

8 PBV

The stock's elevated P/BV ratio (6.05x) raises concerns about its overvaluation, making it an imprudent choice for investors seeking value.

9 Revenue Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

10 Net Profit Growth

Despite the passage of five years, this company's net profit has not shown any improvement, highlighting a lack of growth and making it a less appealing investment prospect.

11 Graham Number

The Graham number analysis indicates that this company's stock price is likely overpriced, raising concerns about its investment potential.

ICRA Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

ICRA Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

ICRA Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

ICRA Limited Revenue
Year Revenue Growth
2005 332.128.380
2006 705.723.270 52.94%
2007 994.517.000 29.04%
2008 1.358.195.000 26.78%
2009 1.623.208.000 16.33%
2010 1.930.290.000 15.91%
2011 2.074.617.000 6.96%
2012 2.514.106.000 17.48%
2013 2.829.622.000 11.15%
2014 3.208.781.000 11.82%
2015 3.397.623.000 5.56%
2016 3.313.348.000 -2.54%
2017 3.046.677.000 -8.75%
2018 3.258.249.000 6.49%
2019 3.141.301.000 -3.72%
2020 2.986.885.000 -5.17%
2021 3.400.565.000 12.17%
2022 4.032.308.000 15.67%
2023 4.194.004.000 3.86%
2023 4.461.147.000 5.99%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

ICRA Limited Research and Development Expenses
Year Research and Development Expenses Growth
2005 0
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

ICRA Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
2005 37.675.260
2006 70.934.410 46.89%
2007 78.872.000 10.06%
2008 93.644.000 15.77%
2009 124.917.000 25.04%
2010 138.659.000 9.91%
2011 302.490.000 54.16%
2012 290.430.000 -4.15%
2013 295.474.000 1.71%
2014 206.736.000 -42.92%
2015 174.074.000 -18.76%
2016 186.447.000 6.64%
2017 120.907.000 -54.21%
2018 149.091.000 18.9%
2019 270.081.000 44.8%
2020 178.614.000 -51.21%
2021 155.518.000 -14.85%
2022 160.847.000 3.31%
2023 0 0%
2023 167.862.000 100%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

ICRA Limited EBITDA
Year EBITDA Growth
2005 197.084.770
2006 301.050.180 34.53%
2007 442.202.000 31.92%
2008 789.458.000 43.99%
2009 834.074.000 5.35%
2010 860.696.000 3.09%
2011 950.516.000 9.45%
2012 703.499.000 -35.11%
2013 926.394.000 24.06%
2014 1.039.312.000 10.86%
2015 1.268.751.000 18.08%
2016 1.297.306.000 2.2%
2017 1.484.703.000 12.62%
2018 1.506.421.000 1.44%
2019 1.424.658.000 -5.74%
2020 1.206.299.000 -18.1%
2021 1.529.126.000 21.11%
2022 1.924.590.000 20.55%
2023 2.016.552.000 4.56%
2023 1.487.642.000 -35.55%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

ICRA Limited Gross Profit
Year Gross Profit Growth
2005 332.128.380
2006 705.723.270 52.94%
2007 994.517.000 29.04%
2008 1.358.195.000 26.78%
2009 1.623.208.000 16.33%
2010 1.930.290.000 15.91%
2011 2.074.026.000 6.93%
2012 1.356.320.000 -52.92%
2013 1.614.390.000 15.99%
2014 1.845.266.000 12.51%
2015 1.924.287.000 4.11%
2016 1.846.141.000 -4.23%
2017 1.621.363.000 -13.86%
2018 1.776.670.000 8.74%
2019 1.653.828.000 -7.43%
2020 1.410.512.000 -17.25%
2021 1.756.126.000 19.68%
2022 1.956.692.000 10.25%
2023 1.877.300.000 -4.23%
2023 1.352.998.000 -38.75%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

ICRA Limited Net Profit
Year Net Profit Growth
2005 126.510.280
2006 199.926.810 36.72%
2007 285.100.000 29.87%
2008 388.916.000 26.69%
2009 534.763.000 27.27%
2010 480.820.000 -11.22%
2011 538.606.000 10.73%
2012 591.554.000 8.95%
2013 689.304.000 14.18%
2014 654.489.000 -5.32%
2015 762.435.000 14.16%
2016 741.783.000 -2.78%
2017 1.006.955.000 26.33%
2018 1.040.400.000 3.21%
2019 961.750.000 -8.18%
2020 816.603.000 -17.77%
2021 1.122.907.000 27.28%
2022 1.352.359.000 16.97%
2023 1.270.824.000 -6.42%
2023 1.510.945.000 15.89%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

ICRA Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2005 16
2006 23 27.27%
2007 28 21.43%
2008 39 26.32%
2009 53 28.3%
2010 48 -10.42%
2011 54 11.11%
2012 59 8.47%
2013 69 13.24%
2014 67 -3.03%
2015 78 14.29%
2016 90 13.48%
2017 102 12.75%
2018 107 3.77%
2019 100 -7.07%
2020 85 -17.86%
2021 117 27.59%
2022 141 17.14%
2023 132 -6.06%
2023 157 15.92%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

ICRA Limited Free Cashflow
Year Free Cashflow Growth
2005 61.071.080
2006 95.543.110 36.08%
2007 266.447.000 64.14%
2008 350.997.000 24.09%
2009 357.156.000 1.72%
2010 428.161.000 16.58%
2011 348.940.000 -22.7%
2012 186.505.000 -87.09%
2013 461.357.000 59.57%
2014 500.652.000 7.85%
2015 608.187.000 17.68%
2016 582.213.000 -4.46%
2017 582.322.000 0.02%
2018 761.407.000 23.52%
2019 172.582.000 -341.19%
2020 728.707.000 76.32%
2021 921.536.000 20.92%
2022 901.697.000 -2.2%
2023 0 0%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

ICRA Limited Operating Cashflow
Year Operating Cashflow Growth
2005 92.380.660
2006 159.116.600 41.94%
2007 313.285.000 49.21%
2008 384.200.000 18.46%
2009 417.334.000 7.94%
2010 475.409.000 12.22%
2011 389.817.000 -21.96%
2012 239.666.000 -62.65%
2013 833.776.000 71.26%
2014 680.641.000 -22.5%
2015 711.887.000 4.39%
2016 639.531.000 -11.31%
2017 618.999.000 -3.32%
2018 808.538.000 23.44%
2019 213.191.000 -279.26%
2020 763.837.000 72.09%
2021 973.754.000 21.56%
2022 992.581.000 1.9%
2023 0 0%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

ICRA Limited Capital Expenditure
Year Capital Expenditure Growth
2005 31.309.580
2006 63.573.490 50.75%
2007 46.838.000 -35.73%
2008 33.203.000 -41.07%
2009 60.178.000 44.83%
2010 47.248.000 -27.37%
2011 40.877.000 -15.59%
2012 53.161.000 23.11%
2013 372.419.000 85.73%
2014 179.989.000 -106.91%
2015 103.700.000 -73.57%
2016 57.318.000 -80.92%
2017 36.677.000 -56.28%
2018 47.131.000 22.18%
2019 40.609.000 -16.06%
2020 35.130.000 -15.6%
2021 52.218.000 32.72%
2022 90.884.000 42.54%
2023 0 0%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

ICRA Limited Equity
Year Equity Growth
2005 924.025.180
2006 1.473.856.350 37.31%
2007 1.638.551.000 10.05%
2008 1.887.136.000 13.17%
2009 2.217.239.000 14.89%
2010 2.570.483.000 13.74%
2011 3.016.133.000 14.78%
2012 3.392.375.000 11.09%
2013 3.879.386.000 12.55%
2014 4.287.756.000 9.52%
2015 4.762.377.000 9.97%
2016 4.990.331.000 4.57%
2017 6.550.212.000 23.81%
2018 6.396.313.000 -2.41%
2019 7.042.005.000 9.17%
2020 7.610.207.000 7.47%
2021 8.477.245.000 10.23%
2022 9.549.282.000 11.23%
2023 9.028.144.000 -5.77%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

ICRA Limited Assets
Year Assets Growth
2005 1.085.871.930
2006 29.935.347.050 96.37%
2007 2.163.656.000 -1283.55%
2008 2.659.512.000 18.64%
2009 3.246.782.000 18.09%
2010 3.576.220.000 9.21%
2011 3.842.053.000 6.92%
2012 4.408.629.000 12.85%
2013 5.139.290.000 14.22%
2014 5.832.198.000 11.88%
2015 6.273.006.000 7.03%
2016 6.109.760.000 -2.67%
2017 7.707.337.000 20.73%
2018 7.674.576.000 -0.43%
2019 8.455.283.000 9.23%
2020 8.960.131.000 5.63%
2021 9.784.745.000 8.43%
2022 11.008.168.000 11.11%
2023 10.764.011.000 -2.27%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

ICRA Limited Liabilities
Year Liabilities Growth
2005 161.846.750
2006 28.461.490.700 99.43%
2007 525.105.000 -5320.15%
2008 772.376.000 32.01%
2009 1.029.436.000 24.97%
2010 1.005.368.000 -2.39%
2011 826.808.000 -21.6%
2012 970.867.000 14.84%
2013 1.255.087.000 22.65%
2014 1.538.280.000 18.41%
2015 1.502.610.000 -2.37%
2016 1.109.964.000 -35.37%
2017 1.143.781.000 2.96%
2018 1.278.263.000 10.52%
2019 1.413.278.000 9.55%
2020 1.349.924.000 -4.69%
2021 1.307.500.000 -3.24%
2022 1.458.886.000 10.38%
2023 1.735.867.000 15.96%

ICRA Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
436.32
Net Income per Share
155.25
Price to Earning Ratio
35.88x
Price To Sales Ratio
12.81x
POCF Ratio
0
PFCF Ratio
0
Price to Book Ratio
5.97
EV to Sales
12.83
EV Over EBITDA
25.92
EV to Operating CashFlow
0
EV to FreeCashFlow
0
Earnings Yield
0.03
FreeCashFlow Yield
0
Market Cap
53,76 Bil.
Enterprise Value
53,83 Bil.
Graham Number
1805.35
Graham NetNet
326.11

Income Statement Metrics

Net Income per Share
155.25
Income Quality
0
ROE
0.32
Return On Assets
0
Return On Capital Employed
0
Net Income per EBT
0.76
EBT Per Ebit
1.08
Ebit per Revenue
0.41
Effective Tax Rate
0.24

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.45
Operating Profit Margin
0.41
Pretax Profit Margin
0.44
Net Profit Margin
0.33

Dividends

Dividend Yield
0.02
Dividend Yield %
1.62
Payout Ratio
0
Dividend Per Share
90

Operating Metrics

Operating Cashflow per Share
0
Free CashFlow per Share
0
Capex to Operating CashFlow
0
Capex to Revenue
0
Capex to Depreciation
0
Return on Invested Capital
0.15
Return on Tangible Assets
0.14
Days Sales Outstanding
0
Days Payables Outstanding
15.52
Days of Inventory on Hand
0
Receivables Turnover
0
Payables Turnover
23.51
Inventory Turnover
0
Capex per Share
0

Balance Sheet

Cash per Share
506,57
Book Value per Share
933,05
Tangible Book Value per Share
930.35
Shareholders Equity per Share
933.05
Interest Debt per Share
13.87
Debt to Equity
0.01
Debt to Assets
0.01
Net Debt to EBITDA
0.04
Current Ratio
3.55
Tangible Asset Value
8,95 Bil.
Net Current Asset Value
3,85 Bil.
Invested Capital
0.01
Working Capital
4,02 Bil.
Intangibles to Total Assets
0.01
Average Receivables
0,00 Bil.
Average Payables
0,05 Bil.
Average Inventory
0
Debt to Market Cap
0

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

ICRA Limited Dividends
Year Dividends Growth
2007 5
2008 10 60%
2009 5 -100%
2010 17 70.59%
2011 17 0%
2012 20 15%
2013 44 54.55%
2014 23 -91.3%
2015 24 4.17%
2016 25 4%
2017 27 7.41%
2018 30 10%
2019 30 0%
2020 27 -11.11%
2021 27 0%
2022 28 3.57%
2023 180 84.44%

ICRA Limited Profile

About ICRA Limited

ICRA Limited operates as an independent and professional investment information, and credit rating agency in India and internationally. The company operates through Rating, Research and Other Services; Consulting Services; Knowledge Services; and Market Services segments. It offers credit, bank loan, structured finance, issuer, mutual fund, industry research, fund management quality, equity grading rating, and insurance financial strength rating, line of credit rating services, as well as public issue proceeds monitoring services. The company also provides grading services to banking and finance, insurance, and hydro-electricity sectors, as well as construction, trading, aviation, and manufacturing companies; industry research services in the areas of business and profitability outlook, industry analysis, competitive landscape, impact of regulatory environment, benchmarking of companies, industry credit profile, company profile on listed players, etc.; and management consulting services, such as risk management, financial advisory, and outsourcing and policy advisory. In addition, it offers financial information products and services, as well as KPO services. The company was formerly known as Investment Information and Credit Rating Agency of India Limited. ICRA Limited was incorporated in 1991 and is headquartered in Gurugram, India.

CEO
Mr. Ramnath Krishnan
Employee
1.253
Address
Building No. 8
Gurugram, 122002

ICRA Limited Executives & BODs

ICRA Limited Executives & BODs
# Name Age
1 Mr. L. Shivakumar
Executive Vice President of Business Development & Chief Business Officer
70
2 Mr. K. Ravichandran
Executive Vice President & Chief Rating Officer
70
3 Mr. Amit Kumar Gupta
General Counsel
70
4 Mr. Jayanta Roy
Senior Vice-President
70
5 Mr. S. Shakeb Rahman
Company Secretary & Compliance Officer
70
6 Ms. Sheetal Sandhu
Group Human Resources Head
70
7 Mr. Ramnath Krishnan
MD, Group Chief Executive Officer & Director
70
8 Mr. Venkatesh Viswanathan
Group Chief Financial Officer & Chief Investor Relations Officer
70
9 Mr. Anand Iyer
Group Chief Technology Officer
70
10 Naznin Prodhani
Head Media & Communications
70

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