ICDS share price & results
- Jun 2026
- Jun 2026
Manipal-based registered corporate agent distributing life and non-life insurance policies for LIC, ICICI Lombard, Shriram General and Bajaj Allianz; former deposit-taking NBFC license stands cancelled since 2002.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 0.42 | −28.8% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | -30.9 | −66.5 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 0.79 | −35.8% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
| Return on equity | 2.21 | −0.6 pts | Trailing twelve months | TTM to Jun 2026 | Adjusted profit attributable to owners ÷ average owners’ equity. |
| Free cash flow margin | 65.27 | +40.7 pts | Fiscal year | FY ending Mar 2026 | (Operating cash flow − fixed-asset purchases + disposals) ÷ revenue. |
| Revenue growth (YoY) | -46.39 | −109.8 pts | Trailing twelve months | TTM to Jun 2026 | Revenue change against the same period one year earlier. |
Price
Performance +3.6% 1Y
1Y: ₹48.99 on 24 Oct 2025 → ₹50.74. High ₹71.45 (4 Sept 2026), low ₹37.6 (9 Mar 2026).
- Previous close
- ₹50.74
- Market cap
- ₹58 Cr
- 52-week range
- ₹37.6 – ₹71.45
- One year
- +9.02%
- Price to earnings (TTM to Jun 2026)
- 89.38×
- Return on equity (TTM to Jun 2026)
- 2.21%
Overview
- Symbol
- NSE:ICDSLTD
- Sector
- Services
- Exchange
- NSE
- Currency
- INR
What ICDS Limited does
Based on the company's own presentations, annual report and earnings calls.
ICDS Limited earns commission income as a registered corporate insurance agent, selling life and non-life insurance products on behalf of LIC of India, ICICI Lombard General Insurance, Shriram General Insurance and Bajaj Allianz General Insurance. The company was originally a Type II deposit-taking NBFC, but the RBI cancelled that license in October 2002; a fresh application for a Certificate of Registration filed in March 2025 was returned by the RBI, which cited the company not meeting the principal business criteria for NBFCs. It also has a wholly owned subsidiary, Manipal Properties Limited, with which it undertakes related-party transactions.
Segments
- Insurance distribution (corporate agency)
- Investment/holding activities via subsidiary
- Insurance principals (corporate agency tie-ups)
- 4 (LIC of India, ICICI Lombard General Insurance, Shriram General Insurance, Bajaj Allianz General Insurance)
- Wholly owned subsidiaries
- 1 (Manipal Properties Limited)
- NBFC (Certificate of Registration) status
- Cancelled by RBI in Oct 2002 (Type II deposit-taking NBFC); re-registration application filed Mar 2025 returned by RBI in FY25
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 6 fiscal years held (Mar 2021 to Mar 2026).
Financials
What the filings say
Net profit, year on year: −36% (quarter to jun 2026 against jun 2025).
| Line item | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 0 | 0 | 2 | 1 | 0 | 0 | 0 | 0 |
| Expenses | 0 | 0 | 1 | 0 | 0 | 0 | 1 | 1 |
| Operating profit | 0 | 0 | 1 | 0 | -0 | 0 | -1 | -0 |
| Operating margin | 28.6% | 3.0% | 62.5% | 35.6% | −17.1% | 23.1% | −184.8% | −30.9% |
| Other income | 1 | 0 | -1 | 1 | -0 | 0 | 0 | 1 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 1 | 0 | 1 | 1 | -0 | 0 | -1 | 1 |
| Tax rate | 24.2% | 472.0% | 4.2% | 8.2% | 23.7% | 9.4% | −16.9% | 4.8% |
| Net profit | 1 | -1 | 1 | 1 | -0 | 0 | -1 | 1 |
| EPS (₹ per share) | 0.38 | -0.71 | 0.52 | 0.94 | -0.36 | 0.22 | -0.45 | 0.61 |
| Line item | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Sales | 2 | 3 | 2 |
| Expenses | 1 | 2 | 2 |
| Operating profit | 0 | 1 | -0 |
| Other income | 2 | 1 | 1 |
| Interest | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 |
| Profit before tax | 2 | 2 | 1 |
| Net profit | 2 | 1 | 0 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 13 | 13 | 13 | 13 | 13 | 13 |
| Reserves | 10 | 10 | 11 | 12 | 17 | 12 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 |
| Other liabilities | 1 | 1 | 1 | 3 | 3 | 3 |
| Total liabilities | 24 | 23 | 25 | 28 | 33 | 28 |
| Fixed assets | 8 | 8 | 7 | 7 | 10 | 7 |
| Capital work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 4 | 4 | 6 | 6 | 6 | 5 |
| Other assets | 12 | 11 | 12 | 15 | 18 | 16 |
| Total assets | 24 | 23 | 25 | 28 | 33 | 28 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from operations | -1 | -1 | 6 | -0 | 1 | 1 |
| Cash from investing | 1 | 0 | -6 | 1 | -1 | -1 |
| Cash from financing | -0 | 0 | -0 | -0 | 0 | -0 |
| Net cash flow | 0 | -0 | 0 | 0 | -0 | 0 |
| Free cash flow | 1 | -1 | 6 | -0 | 1 | 1 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | 10 | 25 | 23 | 43 | 10 | 21 |
| Cash conversion cycle | 10 | 25 | 23 | 43 | 10 | 21 |
| Working capital days | 6 | 2293 | -28 | 1216 | 322 | 746 |
| Return on capital employed | 4.8% | −3.9% | 0.8% | 7.6% | 10.5% | 5.2% |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Where revenue comes from
The businesses behind the company’s reported revenue.
Rent on premises contributes 86.7% of reported segment revenue.
Quarter ended 30 Jun 2026 · Consolidated
- Rent on premises 86.7%
₹0.53 crore
- Others 13.3%
₹0.08 crore
- Financial Services (Recovery Activities) 0.0%
₹0.00 crore
- Trading Activities 0.0%
₹0.00 crore
| Business segment | Revenue · ₹ crore | Share |
|---|---|---|
| Rent on premises | 0.53 | 86.7% |
| Others | 0.08 | 13.3% |
| Financial Services (Recovery Activities) | 0.00 | 0.0% |
| Trading Activities | 0.00 | 0.0% |
Share = segment revenue ÷ total segment revenue, before intersegment adjustments.
How these numbers add up
- Total segment revenue
- ₹0.61 crore
- Intersegment adjustment
- ₹0.00 crore
- Net segment revenue
- ₹0.61 crore
Intersegment transactions are between the company’s own businesses. Net segment revenue can differ from income-statement revenue because reporting definitions differ.
Source: FinEdge · Last checked 19 Sept 2026. Reported segment names are kept as supplied.
How the mix has moved
Others grew from 0% to 13% of revenue over the last two years.
| Segment | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Rent on premises | 97% | 100% | 22% | 66% | 94% | 87% | 99% | 87% | +3.9% |
| Others | <1% | <1% | 2% | 1% | <1% | 13% | 1% | 13% | +989.3% |
| Financial Services (Recovery Activities) | — | 0% | 76% | 33% | — | 0% | 0% | 0% | -100.0% |
| Trading Activities | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Share of reported segment revenue by quarter, consolidated basis, as filed. A quarter the company did not report is left blank, never carried forward.
See how segments are shifting across companies → Segment Shift
Ownership
Who owns it
Promoters hold 51.40% as of Jun 2026; institutions added 0.00 pts since Mar 2026.
- Promoters 51.40%
- Domestic institutions 4.87%
- Public 43.74%
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- newly disclosed 0.82% held
The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of ICDS Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| 16.15% | unchanged | |
| 11.34% | unchanged | |
| 7.20% | unchanged | |
| 6.67% | unchanged | |
| Insurer | 4.85% | unchanged |
| 3.88% | unchanged | |
| 3.24% | unchanged | |
| 3.07% | unchanged | |
| 2.92% | unchanged | |
| 1.69% | unchanged | |
| 1.60% | unchanged | |
| 1.54% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
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