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ICRA Ltd

Q1 FY27Capital Markets

ICRA Q1 FY27 earnings call: Revenue & Margins

Q1 FY27 investor presentation: what the company reported on revenue, margins and projects.

Price₹4,443
Market cap₹4.4K Cr
P/E22.3
Updated25 Sept 2026
Read3 min read

Based on ICRA Ltd's Q1 FY27 investor presentation. The company has not published an earnings-call transcript for this quarter, so figures here are what the presentation reports, not management guidance.

The short version

Revenue for Q1 FY2027: INR 163.4 crore, up from INR 124.5 crore in Q1 FY2026 (31.2% YoY growth). EBITDA: INR 44.5 Cr for Q1 FY2027, up 34.6% year-on-year from INR 33.0 Cr in Q1 FY2026 (Page 9).

From ICRA Ltd's Q1 FY27 earnings-call transcript · updated 25 Sept 2026.

Revenue & Sales Performance

  • Revenue for Q1 FY2027: INR 163.4 crore, up from INR 124.5 crore in Q1 FY2026 (31.2% YoY growth).
  • Profit after Tax for Q1 FY2027: INR 80.6 crore, up from INR 50.8 crore in Q1 FY2026.
  • Ratings segment revenue grew from INR 74.2 crore to INR 83.8 crore.
  • Risk & Analytics segment revenue grew from INR 37.9 crore to INR 44.6 crore.
  • Growth drivers: Bank credit growth, NBFC demand in ratings; acquisition of Fintellix; demand for risk, data, and regulatory technology solutions.

2 more points management made on revenue & sales performance

Profitability & Margins

See what ICRA Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

The investor presentation does not explicitly describe any specific capex, capacity expansion, or new plant/project details with amounts, status, or timelines. The only relevant related information stated is: - The Government of India's capital expenditure (capex) is budgeted to rise by 14.3% in FY2027, which is expected to support investment activities. - Any fiscal slippage due to the West Asia crisis could constrain discretionary spending, potentially impacting private capex plans, especially in export and manufacturing segments. No direct capex or project investments by ICRA or its subsidiaries are mentioned in the presentation.

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Ranked on what management guided this quarter

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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what ICRA Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The investor presentation does not explicitly mention order book, order inflow, or pending orders. Based on the provided content: - The presentation focuses on revenue, profit, segment growth, and business performance metrics for Q1 FY2027. - It highlights growth drivers such as Ratings demand, Bank credit growth, Bond issuances, and acquisitions.

2 more points management made on order book & pipeline

ICRA Ltd — Quarterly revenue & net profit

Revenue Net profit
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹175 Cr, net profit ₹53 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

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Frequently Asked Questions

What were ICRA Ltd Q1 FY27 results?

Revenue for Q1 FY2027: INR 163.4 crore, up from INR 124.5 crore in Q1 FY2026 (31.2% YoY growth). EBITDA: INR 44.5 Cr for Q1 FY2027, up 34.6% year-on-year from INR 33.0 Cr in Q1 FY2026 (Page 9).

What is ICRA Ltd share price analysis?

ICRA Ltd currently shows a neutral. The stock trades at a P/E of 22.3 with a market cap of ₹4,386 Cr. Investors should review the full earnings analysis for detailed insights.

Is ICRA Ltd planning capital expenditure?

The investor presentation does not explicitly describe any specific capex, capacity expansion, or new plant/project details with amounts, status, or timelines.

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This analysis is AI-generated based on publicly available earnings data and the company's investor presentation. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.