ICRA Q4 FY26 results (Jan–Mar 2026) and concall

Financial Services · Concall AI · Call held 25 May 2026

Company page: ICRA share price, financials & guidance record

ICRA Limited delivered a strong Q4 and full-year FY26 performance, marked by robust revenue growth driven by its Research and Analytics segment, significantly boosted by the Fintellix acquisition. The Ratings business also maintained steady double-digit growth. The company announced a substantial dividend, including a special dividend, reflecting its 35th anniversary. While management noted a shift in the R&A business mix impacting segment margins and muted growth in knowledge services, they expressed confidence in future growth drivers and strategic realignments.

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What they filed

Q4 FY26: revenue up 9.9%, net profit down 14.3% against the same quarter last year.

₹ Cr · quarterly

Line item	Q2 FY25	Q3 FY25	Q4 FY25	Q1 FY26	Q2 FY26	Q3 FY26	Q4 FY26
Revenue	72	71	81	72	82 +14%	85 +20%	89 +10%
Expenses	51	48	44	52	54	53	50
EBITDA	21	23	36	20	28 +33%	31 +35%	40 +11%
Margin	29%	32%	45%	27%	35%	37%	44%
Other income	46	20	20	22	16	12	12
Interest	0	0	0	0	0	0	0
Depreciation	2	2	2	2	2	2	2
Profit before tax	65	40	53	40	42 −35%	41 +3%	49 −8%
Tax rate	23%	21%	21%	24%	26%	28%	26%
Net profit	50	31	42	30	31 −38%	29 −6%	36 −14%
EPS	52.15	32.22	43.57	31.24	32.03	30.32	37.72

How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.

What they filed

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