ICRANSEICRA Limited· FinanceHighNeutral
Announced Thu, 21 May · 17:54 IST

ICRA Limited has informed the Exchange regarding a press release dated May 21, 2026, titled "Q4 FY2026 RESULTS PRESS RELEASE".

Revenue Growth 20pctExceptional ItemResults View source PDF

ICRA · price

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Price reaction · full curve 14 horizons · vs prior close
-1.3%1-day move
₹5490.00
prior close
₹5470.00
base price
After-mkt
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+0.5+0.8+1.3+0.9-1.3-2.3-2.0-2.1-3.9-6.2-6.2-4.7-6.7
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AI summary

ICRA Limited reported strong Q4 and full-year FY2026 results. Consolidated revenue grew 28.4% to ₹174.9 crore in Q4 and 20.4% to ₹599.5 crore for the full year. PBT increased 10% to ₹257.4 crore for FY2026. The company recognized a one-time exceptional charge from new Labour Codes implementation (gratuity and leave provisions). Research & Analytics revenue surged 56.8% in Q4 (29.8% for FY2026) driven by the Fintellix acquisition, while Ratings business grew 10.5% in Q4. The Board recommended a dividend of ₹105 per share including a special ₹35 per share dividend for ICRA's 35th anniversary, with total payout of ₹101.3 crore versus ₹57.9 crore last year.

Likely market impact

Strong revenue growth of over 20% and higher dividend payout are positive signals for shareholders. The exceptional charge is non-recurring and excluded from operating PBT, so underlying business performance remains solid.