Icra Limited

ICRA NSE Financial Services Ratings
₹4,720.00
-0.13%
Delayed · cached 15 min

Fair value analysis

ICRA
Icra Limited
Financial ServicesRatings
₹4,726.20
Close used for this calculation
₹3,613.80Fair value
Financial DNA Score
Profitability · Returns · Balance Sheet · Efficiency · Growth
62/100
Profitability21/25
Returns11/25
Balance Sheet21/25
Efficiency9/25
Growth9/25
Good
Quality radar
62Prof.21/25Ret.11/25Eff.9/25B.Sht21/25Growth9/25

Consensus fair value

₹3,613.80
Above FV
▼ -23.5% against the close used
Model range ₹1,937.22 – ₹5,082.19
The lowest and highest of the models that produced a value. This is the spread of the methods, not a price target.

Price target range & 52-week position

Bear₹1,937.22Fair value₹3,613.80Bull₹5,082.19
FairClose
52-week traded range
52W low ₹4,712.5052W high ₹6,734.00

The 52-week range is measured from the stored price history, not estimated.

Valuation summary

Trading above the consensus fair value

Icra Limited closed at ₹4,726.20, 30.8% above the consensus fair value of ₹3,613.80 drawn from 10 valuation models.

Financial DNA score 62/100 — Good. P/E of 23.2x against the 20x sector multiple the P/E model uses.

Quantitative summary only — not investment advice.

All valuation models

DCF Valuation
₹2,980.39
-36.9%
Σ[CF×(1+g)^n/(1.10)^n] + TV/(1.10)^10
g=9%, r=10%, tg=3%, n=10yr
Graham Number
₹2,366.93
-49.9%
√(22.5 × EPS × BVPS)
EPS=188.08, BVPS=1323.87 · outside Graham range (P/E 23.2, P/B 3.6) — asset-light, treat as a rough floor
Graham Formula
₹5,082.19
+7.5%
EPS × (8.5 + 2g) × 6.5 ÷ FD_Rate
g=10.3%, FD=7%
P/E Fair Value
₹4,814.85
+1.9%
EPS × 25.6x (sector P/E)
EPS=188.08, Sector P/E=25.6x
Peter Lynch (PEG)
₹1,937.22
-59.0%
EPS × Growth% (PEG = 1 is fair)
EPS=188.08, g=10.3%
EV/EBITDA
₹3,793.65
-19.7%
(EBITDA × 15.2x − Net Debt) ÷ Shares
EBITDA=2.43B
Dividend Discount (DDM)
₹3,777.18
-20.1%
D1 ÷ (r − g) where D1 = D0×(1+g)
D0=69.95, r=10%, g=8%
Book Value (P/B)
₹3,541.34
-25.1%
BVPS × (ROE−g)÷(r−g) [Justified P/B — RIM-based]
BVPS=1323.87, ROE=16.7%, g=6%, r=10%
Reverse DCF
₹4,726.20
+0.0%
Solve for g: Price = Σ[EPS×(1+g)^n/(1.10)^n] + TV
Implied: 10.2% | Historical: 10.3%
Margin of Safety
₹2,858.32
-39.5%
Avg(DCF, Graham, P/E) × 75% (25% safety buffer)
Avg fair value=3811.09, MoS=25%

Computed on September 12, 2026 from the most recent annual report on file and that day's closing price. Where a company has seen its earnings move sharply since its last annual report, this figure will lag the market.

Educational data only. Not a recommendation to buy, sell or hold any security.

Educational data only. Not a recommendation to buy, sell or hold any security.