Integrated Filing — IndAS
General information about company
| Scrip Code |
532835 |
| NSE Symbol |
ICRA |
| MSEI Symbol |
NOTLISTED |
| ISIN |
INE725G01011 |
| Name of company |
ICRA LIMITED |
| Type of company |
Main Board |
| Class of security |
Equity |
| Date of start of financial year |
01-04-2025 |
| Date of end of financial year |
31-03-2026 |
| Date of board meeting when results were approved |
28-01-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed
to the exchange |
09-01-2026 |
| Description of presentation currency |
INR |
| Level of rounding used in financial results |
Lakhs |
| Reporting Type |
Quarterly |
| Reporting Quarter |
Third quarter |
| Nature of report standalone or consolidated |
Consolidated |
| Whether results are audited or unaudited for the quarter ended |
Unaudited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended |
Unaudited |
| Segment Reporting |
Multi segment |
| Description of single segment |
|
| Start date and time of board meeting |
28-01-2026 14:45:00 |
| End date and time of board meeting |
28-01-2026 16:29:00 |
| Whether cash flow statement is applicable on company |
|
| Type of cash flow statement |
|
| Declaration of unmodified opinion or statement on impact of audit qualification |
Not applicable |
Financial Results Ind-AS
Amount in (Lakhs)
| Particulars |
3 months/ 6 months ended (dd-mm-yyyy) |
Year to date figures for current period ended (dd-mm-yyyy) |
| A |
Date of start of reporting period |
01-10-2025 |
01-04-2025 |
| B |
Date of end of reporting period |
31-12-2025 |
31-12-2025 |
| C |
Whether results are audited or unaudited |
Unaudited |
Unaudited |
| D |
Nature of report standalone or consolidated |
Consolidated |
Consolidated |
| 1 |
Income |
|
Revenue from operations |
16,359.11 |
42,465.85 |
|
Other income |
1,557.04 |
6,084.00 |
|
Total income |
17,916.15 |
48,549.85 |
| 2 |
Expenses |
| (a) |
Cost of materials consumed |
0.00 |
0.00 |
| (b) |
Purchases of stock-in-trade |
0.00 |
0.00 |
| (c) |
Changes in inventories of finished goods,
work-in-progress and stock-in-trade |
0.00 |
0.00 |
| (d) |
Employee benefit expense |
8,363.73 |
22,584.35 |
| (e) |
Finance costs |
97.55 |
348.82 |
| (f) |
Depreciation, depletion and amortisation expense
|
995.89 |
1,825.64 |
| (f) |
Other Expenses |
| 1 |
Other Expenses |
2,276.03 |
5,334.47 |
|
Total other expenses |
2,276.03 |
5,334.47 |
|
Total expenses |
11,733.20 |
30,093.28 |
| 3 |
Total profit before exceptional items and tax |
6,182.95 |
18,456.57 |
| 4 |
Exceptional items |
(691.83) |
(691.83) |
| 5 |
Total profit before tax |
5,491.12 |
17,764.74 |
| 6 |
Tax expense |
|
| 7 |
Current tax |
2,014.17 |
4,589.94 |
| 8 |
Deferred tax |
(429.13) |
190.66 |
| 9 |
Total tax expenses |
1,585.04 |
4,780.60 |
| 10 |
Net movement in regulatory deferral account balances related to profit or loss and
the related deferred tax movement |
0.00 |
0.00 |
| 11 |
Net Profit Loss for the period from
continuing operations |
3,906.08 |
12,984.14 |
| 12 |
Profit (loss) from discontinued operations before tax |
0.00 |
0.00 |
| 13 |
Tax expense of discontinued operations |
0.00 |
0.00 |
| 14 |
Net profit (loss) from discontinued
operation after tax |
0.00 |
0.00 |
| 15 |
Share of profit (loss) of associates and joint ventures accounted for using equity
method |
0.00 |
0.00 |
| 16 |
Total profit (loss) for period |
3,906.08 |
12,984.14 |
| 17 |
Other comprehensive income net of taxes |
1.55 |
(30.98) |
| 18 |
Total Comprehensive Income for the period |
3,907.63 |
12,953.16 |
| 19 |
Total profit or loss, attributable to
|
|
|
|
Profit or loss, attributable to owners of parent |
3,881.74 |
12,906.44 |
|
Total profit or loss, attributable to non-controlling interests |
24.34 |
77.70 |
| 20 |
Total Comprehensive income for the period attributable to |
|
|
|
Comprehensive income for the period attributable to owners of parent |
1.55 |
(30.98) |
|
Total comprehensive income for the period attributable to owners of parent non-controlling
interests |
0.00 |
0.00 |
| 21 |
Details of equity share capital |
|
|
Paid-up equity share capital |
965.12 |
965.12 |
|
Face value of equity share capital |
10 |
10 |
| 27 |
Details of debt securities |
|
| 22 |
Reserves excluding revaluation reserve |
|
|
| 23 |
Earnings per share |
|
| i |
Earnings per equity share for continuing operations |
|
|
Basic earnings (loss) per share from continuing operations |
40.34 |
134.13 |
|
Diluted earnings (loss) per share from continuing operations |
40.27 |
133.89 |
| ii |
Earnings per equity share for discontinued operations |
|
|
Basic earnings (loss) per share from discontinued operations |
0 |
0 |
|
Diluted earnings (loss) per share from discontinued operations |
0 |
0 |
| ii |
Earnings per equity share |
|
|
Basic earnings (loss) per share from continuing
and discontinued operations |
40.34 |
134.13 |
|
Diluted earnings (loss) per share from
continuing and discontinued operations |
40.27 |
133.89 |
| 24 |
Debt equity ratio |
|
|
| 25 |
Debt service coverage ratio |
|
|
| 26 |
Interest service coverage ratio |
|
|
| 27 |
Disclosure of notes on financial results |
|
Remarks
Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results
Amount in (Lakhs)
| Particulars |
3 months/ 6 month ended (dd-mm-yyyy) |
Year to date figures for current period
ended (dd-mm-yyyy) |
| Date of start of reporting period |
01-10-2025 |
01-04-2025 |
| Date of end of reporting
period |
31-12-2025 |
31-12-2025 |
| Whether results are audited
or unaudited |
Unaudited |
Unaudited |
| Nature of report standalone or
consolidated |
Consolidated |
Consolidated |
| 1 |
Segment Revenue (Income) |
|
(net sale/income from each segment should
be disclosed) |
| 1 |
Ratings & ancillary services |
8,653.08 |
24,490.15 |
| 2 |
Research & Analytics |
7,786.29 |
18,150.30 |
|
Total Segment Revenue |
16,439.37 |
42,640.45 |
|
Less: Inter segment revenue |
80.26 |
174.60 |
|
Revenue from operations |
16,359.11 |
42,465.85 |
| 2 |
Segment Result |
|
Profit (+) / Loss (-) before tax and
interest from each segment |
| 1 |
Ratings & ancillary services |
3,126.43 |
8,373.18 |
| 2 |
Research & Analytics |
1,081.28 |
4,095.79 |
|
Total Profit before tax |
4,207.71 |
12,468.97 |
|
i. Finance cost |
97.55 |
348.82 |
|
ii. Other Unallocable Expenditure net off Unallocable income |
(1,380.96) |
(5,644.59) |
|
Profit before tax |
5,491.12 |
17,764.74 |
| 3 |
(Segment Asset - Segment Liabilities)
|
|
Segment Asset |
| 1 |
Ratings & ancillary services |
10,473.57 |
10,473.57 |
| 2 |
Research & Analytics |
34,817.43 |
34,817.43 |
|
Total Segment Asset |
45,291.00 |
45,291.00 |
|
Un-allocable Assets |
1,00,760.63 |
1,00,760.63 |
|
Net Segment Asset |
1,46,051.63 |
1,46,051.63 |
| 4 |
Segment Liabilities |
|
Segment Liabilities |
| 1 |
Ratings & ancillary services |
18,075.95 |
18,075.95 |
| 2 |
Research & Analytics |
6,783.27 |
6,783.27 |
|
Total Segment Liabilities |
24,859.22 |
24,859.22 |
|
Un-allocable Liabilities |
8,055.99 |
8,055.99 |
|
Net Segment Liabilities |
32,915.21 |
32,915.21 |
|
Disclosure of notes on segments |
|
Other Comprehensive Income
Amount in (Lakhs)
| Particulars |
3 months/ 6 months ended (dd-mm-yyyy) |
Year to date figures for current period ended (dd-mm-yyyy) |
| A |
Date of start of reporting period |
01-10-2025 |
01-04-2025 |
| B |
Date of end of reporting period |
31-12-2025 |
31-12-2025 |
| C |
Whether results are audited or unaudited |
Unaudited |
Unaudited |
| D |
Nature of report standalone or consolidated |
Consolidated |
Consolidated |
|
Other comprehensive income [Abstract] |
|
| 1 |
Amount of items that will not be reclassified to profit and loss |
|
| 1 |
Items that will not be reclassified to profit or loss |
(19.25) |
(64.23) |
|
Total Amount of items that will not be reclassified to profit and loss |
(19.25) |
(64.23) |
| 2 |
Income tax relating to items that will not be reclassified to profit or loss |
(5.56) |
(16.30) |
| 3 |
Amount of items that will be reclassified to profit and loss |
|
| 1 |
Items that will be reclassified to profit or loss |
15.24 |
16.95 |
|
Total Amount of items that will be reclassified to profit and loss |
15.24 |
16.95 |
| 4 |
Income tax relating to items that will be reclassified to profit or loss |
0.00 |
0.00 |
| 5 |
Total Other comprehensive income |
1.55 |
(30.98) |