Also trades as: ICRA.BO (BSE) · $vol 0M

₹4,275.60 ($44.37)

-42.70 (-0.99%)

NSE · Financial Services · Financial - Data & Stock Exchanges · Tech Score Strong Sell · Power 28 · ₹41.4B mcap · 4M float · 0.675% daily turnover

Revenue

$6.0B +20.6% ▲

5Y CAGR: +15.0%

Gross Profit

$1.9B -23.6% ▼

5Y CAGR: +5.8%

Operating Income

$1.9B +15.6% ▲

5Y CAGR: +20.7%

Net Income

$1.8B +6.8% ▲

5Y CAGR: +17.3%

EPS (Diluted)

$188.32 +6.7% ▲

5Y CAGR: +17.3%

EBITDA

$2.8B +11.0% ▲

5Y CAGR: +18.0%

View Full Income Statement

Line Item	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue	$3.4B	$4.0B	$4.5B	$5.0B	$6.0B
YoY Growth	+13.0%	+18.6%	+10.6%	+11.4%	+20.6%
Cost of Revenue	$1.6B	$2.1B	$2.6B	$2.5B	$4.1B
Gross Profit	$1.8B	$2.0B	$1.8B	$2.4B	$1.9B
Gross Margin	51.6%	48.5%	40.9%	49.2%	31.2%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$155M	$164M	$14M	$220M	$0
Operating Expenses	$626M	$626M	$14M	$827M	$0
Operating Income	$1.1B	$1.3B	$1.8B	$1.6B	$1.9B
Operating Margin	33.2%	33.1%	40.6%	32.5%	31.2%
Interest Expense	$16M	$14M	$104M	$48M	$44M
Income Before Tax	$1.5B	$1.8B	$2.0B	$2.3B	$2.5B
Tax Expense	$386M	$445M	$476M	$628M	$679M
Net Income	$1.1B	$1.4B	$1.5B	$1.7B	$1.8B
Net Margin	33.0%	33.5%	33.9%	34.2%	30.3%
EPS (Diluted)	$116.74	$140.59	$156.99	$176.47	$188.32
EBITDA	$1.6B	$1.9B	$2.2B	$2.6B	$2.8B
Shares Outstanding	10M	10M	10M	10M	10M

Line Item	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2	FY2026 Q3	FY2026 Q4
Revenue	$1.1B	$1.3B	$1.2B	$1.4B	$1.2B	$1.4B	$1.6B	$1.7B
Cost of Revenue	$650M	$704M	$646M	$527M	$697M	$923M	$1.2B	$1.2B
Gross Profit	$498M	$557M	$562M	$825M	$548M	$443M	$472M	$596M
Gross Margin	43.4%	44.2%	46.5%	61.0%	44.0%	32.5%	28.9%	34.1%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$0	$185M	$0	$0	$0	$0	$0	$0
Operating Expenses	$184M	$185M	$183M	$276M	$191M	$0	$0	$0
Operating Income	$315M	$372M	$380M	$549M	$357M	$443M	$472M	$596M
Operating Margin	27.4%	29.5%	31.4%	40.6%	28.6%	32.5%	28.9%	34.1%
Interest Expense	$21M	$3M	$11M	$12M	$16M	$9M	$10M	$9M
Income Before Tax	$472M	$570M	$558M	$741M	$584M	$644M	$549M	$728M
Tax Expense	$113M	$198M	$135M	$181M	$156M	$163M	$159M	$201M
Net Income	$355M	$367M	$420M	$557M	$424M	$478M	$388M	$525M
Net Margin	30.9%	29.1%	34.8%	41.2%	34.1%	35.0%	23.7%	30.0%
EPS (Diluted)	$36.80	$38.11	$43.63	$57.86	$44.05	$49.57	$40.27	$54.43
EBITDA	$531M	$613M	$610M	$798M	$641M	$694M	$658M	$837M
Shares Outstanding	10M	10M	10M	10M	10M	10M	10M	10M

ICRA.NS NSE