ICRA Ltd Q2 FY27 results are out (Jul–Sep 2026) →Revenue ₹178 Cr +29.9% YoYSee revenue, profit and what management said. You are viewing Q1 FY27.
I

ICRA Ltd

Q1 FY27Capital Markets

ICRA Q1 FY27 earnings call: Revenue & Margins

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

Revenue
₹163Cr
+31.5% YoY
−6.9% QoQ
Net profit
₹56Cr
+30.2% YoY
+5.7% QoQ
Margin
34%
+2 pp YoY
−6 pp QoQ

ICRA Ltd Q1 FY27 key numbers

Revenue
Ratings segment revenue grew from INR 74.2 crore to INR 83.8 crore.

As stated in ICRA Ltd's Q1 FY27 investor presentation · published 25 Sept 2026. Reported figures, not investment advice.

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 investor presentation reports, not management guidance.

Price₹4,443
Market cap₹4.4K Cr
P/E22.3

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.

2 more points from ICRA Ltd's call on revenue

Create a free account to keep reading this call

Profitability & Margins

EBITDA: INR 44.5 Cr for Q1 FY2027, up 34.6% year-on-year from INR 33.0 Cr in Q1 FY2026 (Page 9).

Locked: what ICRA Ltd said on margins

Also locked on this page: fundraising, order book

Free account, 30 seconds. No card needed.

Capital Expenditure Plans

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.

Top-ranked in Capital Markets

Ranked on what management guided this quarter

Guidance-ranked
1BSE
Rev 2Mar 3
Rev 2Mar 3
3
Rev 2Mar 3
4
Rev 2Mar 3
5
Rev 2Mar 3
Sign up free to see 3 moreTakes 30 seconds · no cardSign up

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

Fundraising & Capital Structure

Financial highlights discuss revenue, profit growth, segmental performance, and acquisitions.

Locked: what ICRA Ltd said on fundraising

Also locked on this page: margins, order book

Free account, 30 seconds. No card needed.

Order Book & Pipeline

See what ICRA Ltd said on order book & pipeline — free account, 30 seconds.

ICRA Ltd — Quarterly revenue & net profit

Revenue Net profit
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26
Mar 2026Q4 FY26
Jun 2026Q1 FY27
Sep 2026Q2 FY27

ICRA Ltd Q1 FY27 results — key figures

ICRA Ltd Q1 FY27 reported results vs Q1 FY26, ₹ crore
₹ CrQ1 FY27Q1 FY26YoYQ4 FY26QoQ
Revenue163124+31.5%175-6.9%
Operating profit (EBITDA)5540+37.5%70-21.4%
Operating margin34%32%+2 pp40%-6 pp
Profit before tax7658+31%73+4.1%
Net profit (PAT)5643+30.2%53+5.7%
EPS (₹)58.1943.97+32.3%54.35+7.1%

Source: reported quarterly figures (Screener), ₹ crore.

Reported quarterly figures (₹ Cr). Latest (Q2 FY27): revenue ₹178 Cr, net profit ₹52 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

Others in Capital Markets this season

  • Pune e-Stock Broking (Q1 FY27)

    For H2 FY26, Revenue from Operations was ₹27.5 Crore, up 20.4% YoY from ₹22.8 Crore in H2 FY25. Key investor presentation takeaways from Pune e-Stock Broking Lt

  • Almondz Global (Q1 FY27)

    INR 130 Crores for FY26 (Page 10). Key investor presentation takeaways from Almondz Global's Q1 FY27 investor presentation — and how it ranks against sector pee

  • Indo Thai Securities (Q1 FY27)

    Q4 FY26 Total Revenue: ₹38.41 Cr, up 548% YoY from ₹5.93 Cr in Q4 FY25 (Page 15). Key investor presentation takeaways from Indo Thai Securities's Q1 FY27 invest

  • CARE Ratings (Q1 FY27)

    111.68 Cr, up 18.9% YoY (Page 2, 13) . Key concall takeaways from CARE Ratings Ltd's Q1 FY27 earnings call — and how it ranks against sector peers.

🔎 Who's planning the most growth?

Companies ranked by management's own guidance — revenue, margins, capex and order book, from every earnings call in India.

See rankings →

Arthneeti Pro · Annual

ICRA Ltd and 15K+ more earnings calls,
for less than your morning chai

Every earnings call, ranking and concall Q&A across all four results seasons.

Secure Razorpay payment · instant access

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.

Keep ICRA Ltd on your radar — track it to get its next earnings analysis in your feed.

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.