ICRA Complete Financial Statements
ICRA • Review detailed financials to uncover trends, confirm thesis & journal trades
11 Years of Data
2025 - 2015
Complete Financial Data Export
Export complete financial statements for ICRA (ICRA).
Downloads include all available records across all periods.
For market performance, see the
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Profitability Ratios
Net Profit Margin
30.38%
2025 data
EBITDA Margin
43.67%
2025 data
Operating Margin
36.00%
2025 data
Return on Assets
3.71%
2025 data
Return on Equity
4.54%
2025 data
Balance Sheet Ratios
Current Ratio
19.12
2025 data
Debt to Equity
1.22
2025 data
Equity Ratio
81.76%
2025 data
Asset Turnover
0.12
2025 data
Year-over-Year Growth Analysis
Comparing Sept 2024 vs Sept 2025
Revenue Growth
+8.2%
Year-over-Year
Net Profit Growth
+29.7%
Year-over-Year
EBITDA Growth
+13.1%
Year-over-Year
Expense Growth
+3.5%
Year-over-Year
Assets Growth
+9.0%
Year-over-Year
Equity Growth
+7.8%
Year-over-Year
Liabilities Growth
+9.0%
Year-over-Year
Operating Cash Flow Growth
+35.5%
Year-over-Year
Investing Cash Flow Growth
-160.7%
Year-over-Year
Financing Cash Flow Growth
+24.8%
Year-over-Year
Income Statement
Periods
₹ Crores
| Particulars | Sept 2025 | Mar 2025 | Jun 2025 | Sept 2024 | Mar 2024 | Jun 2024 | Dec 2024 | Sept 2023 | Mar 2023 | Jun 2023 | Dec 2023 | Sept 2022 | Mar 2022 | Jun 2022 | Dec 2022 | Sept 2021 | Mar 2021 | Jun 2021 | Dec 2021 | Sept 2020 | Mar 2020 | Jun 2020 | Dec 2020 | Sept 2019 | Mar 2019 | Jun 2019 | Dec 2019 | Sept 2018 | Mar 2018 | Jun 2018 | Dec 2018 | Sept 2017 | Mar 2017 | Jun 2017 | Dec 2017 | Sept 2016 | Mar 2016 | Jun 2016 | Dec 2016 | Sept 2015 | Mar 2015 | Jun 2015 | Dec 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 158 | 157 | 149 | 146 | 148 | 133 | 140 | 121 | 125 | 121 | 132 | 112 | 104 | 100 | 118 | 93 | 92 | 91 | 96 | 83 | 100 | 81 | 89 | 90 | 95 | 89 | 91 | 93 | 100 | 89 | 96 | 84 | 89 | 82 | 93 | 101 | 97 | 97 | 87 | 93 | 96 | 86 | 91 |
| Expenses | 88 | 77 | 85 | 85 | 74 | 80 | 79 | 71 | 71 | 68 | 84 | 63 | 55 | 61 | 67 | 60 | 58 | 55 | 52 | 54 | 55 | 55 | 53 | 59 | 56 | 55 | 57 | 54 | 52 | 51 | 54 | 48 | 49 | 45 | 49 | 63 | 64 | 62 | 58 | 60 | 59 | 58 | 59 |
| EBITDA | 69 | 80 | 64 | 61 | 74 | 53 | 61 | 50 | 54 | 52 | 47 | 49 | 49 | 39 | 51 | 33 | 34 | 35 | 44 | 29 | 45 | 26 | 36 | 31 | 39 | 34 | 34 | 39 | 48 | 38 | 41 | 37 | 40 | 36 | 44 | 39 | 33 | 35 | 29 | 33 | 37 | 28 | 33 |
| Operating Profit Margin % | 36.00% | 43.00% | 32.00% | 33.00% | 40.00% | 31.00% | 35.00% | 32.00% | 35.00% | 34.00% | 26.00% | 36.00% | 41.00% | 34.00% | 35.00% | 27.00% | 29.00% | 31.00% | 40.00% | 25.00% | 37.00% | 21.00% | 31.00% | 24.00% | 33.00% | 29.00% | 28.00% | 33.00% | 37.00% | 36.00% | 36.00% | 36.00% | 38.00% | 35.00% | 41.00% | 32.00% | 31.00% | 29.00% | 23.00% | 29.00% | 36.00% | 24.00% | 33.00% |
| Depreciation | 4 | 5 | 4 | 4 | 5 | 4 | 4 | 3 | 3 | 2 | 4 | 2 | 2 | 2 | 3 | 2 | 3 | 2 | 2 | 3 | 3 | 2 | 3 | 3 | 2 | 2 | 3 | 1 | 2 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 3 | 2 | 2 | 2 | 3 | 2 | 3 |
| Interest | 1 | 1 | 2 | 0 | 7 | 2 | 1 | 0 | 0 | 0 | 3 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 |
| Profit Before Tax | 64 | 74 | 58 | 57 | 62 | 47 | 56 | 47 | 51 | 50 | 41 | 46 | 47 | 37 | 48 | 31 | 31 | 33 | 41 | 26 | 42 | 23 | 33 | 27 | 37 | 32 | 31 | 38 | 46 | 37 | 40 | 35 | 38 | 35 | 42 | 36 | 31 | 33 | 27 | 31 | 35 | 26 | 26 |
| Tax | 16 | 18 | 16 | 20 | 15 | 11 | 14 | 15 | 12 | 9 | 8 | 9 | 13 | 15 | 9 | 7 | 8 | 9 | 10 | 7 | 7 | 6 | 8 | 8 | 11 | 11 | 8 | 11 | 18 | 12 | 13 | 10 | 12 | 12 | 15 | 12 | 11 | 10 | 11 | 10 | 12 | 9 | 7 |
| Net Profit | 48 | 56 | 43 | 37 | 47 | 36 | 42 | 32 | 39 | 41 | 32 | 37 | 34 | 22 | 39 | 24 | 23 | 24 | 31 | 19 | 35 | 17 | 25 | 19 | 26 | 21 | 23 | 27 | 28 | 25 | 27 | 25 | 26 | 23 | 27 | 24 | 19 | 23 | 16 | 21 | 23 | 17 | 20 |
| Earnings Per Share (₹) | 49.68 | 57.94 | 44.11 | 38.18 | 48.72 | 36.92 | 43.69 | 33.03 | 39.89 | 41.90 | 33.42 | 38.19 | 34.73 | 22.09 | 40.42 | 25.01 | 23.08 | 24.90 | 32.10 | 19.18 | 35.95 | 17.48 | 25.15 | 19.85 | 27.19 | 21.10 | 23.08 | 27.17 | 27.82 | 25.56 | 27.49 | 24.38 | 25.96 | 23.11 | 27.08 | 24.40 | 19.67 | 23.28 | 17.61 | 20.93 | 23.48 | 16.79 | 20.17 |
Related Pages for ICRA
Additional stock information and data for ICRA
Balance Sheet
Years
Annual Data
₹ Crores
| Particulars | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||||
| Total Assets | 1,294 | 1,187 | 1,101 | 979 | 896 | 846 | 769 | 771 | 660 | 627 | 583 |
| Current Assets | 1,128 | 657 | 565 | 436 | 495 | 720 | 564 | 402 | 444 | 319 | 301 |
| Fixed Assets | 90 | 91 | 47 | 46 | 46 | 55 | 34 | 37 | 37 | 92 | 91 |
| Capital Work in Progress | 4 | 1 | 1 | 2 | 3 | 2 | 1 | 0 | 1 | 1 | 0 |
| Investments | 773 | 813 | 689 | 454 | 177 | 104 | 182 | 339 | 311 | 17 | 109 |
| Other Assets | 428 | 281 | 364 | 478 | 669 | 685 | 552 | 396 | 312 | 517 | 383 |
| LIABILITIES | |||||||||||
| Total Liabilities | 1,294 | 1,187 | 1,101 | 979 | 896 | 846 | 769 | 771 | 660 | 627 | 583 |
| Current Liabilities | 59 | 54 | 14 | 15 | 19 | 26 | 8 | 8 | 5 | 13 | 24 |
| Non-Current Liabilities | |||||||||||
| SHAREHOLDERS' EQUITY | |||||||||||
| Total Equity | 1,058 | 981 | 955 | 848 | 761 | 704 | 643 | 656 | 550 | 477 | 429 |
| Share Capital | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 |
| Reserves & Surplus | 1,044 | 967 | 941 | 834 | 748 | 692 | 631 | 645 | 539 | 466 | 419 |
Cash Flow Statement
Periods
₹ Crores
| Particulars | March 2025 | March 2024 | March 2023 | March 2022 | March 2021 | March 2020 | March 2019 | March 2018 | March 2017 | March 2016 | March 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | 145 | 107 | 99 | 97 | 76 | 21 | 81 | 62 | 63 | 71 | 67 |
| Investing Activities | -17 | 28 | -77 | -72 | -32 | 11 | 45 | -54 | -12 | -40 | -31 |
| Financing Activities | -103 | -137 | -32 | -31 | -32 | -41 | -121 | 4 | -69 | -40 | -29 |
| Net Cash Flow | 25 | -2 | -10 | -7 | 12 | -8 | 5 | 12 | -17 | -9 | 7 |