ICRA Limited (BOM:532835)

ICRA Limited Cash Flow Statement

Financials in millions INR. Fiscal year is April - March.

Operating Activities

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Net Income	1,815	1,700	1,511	1,352	1,123
Depreciation & Amortization	282.6	111.15	105.49	86.12	71.78
Other Amortization	-	52.8	29.15	12.17	6.34
Loss (Gain) From Sale of Assets	2.53	-0.25	0.04	-0.77	1.04
Loss (Gain) From Sale of Investments	-541.94	-591.5	-532.76	-219.97	-103.65
Stock-Based Compensation	37.99	35.62	16.53	-	-
Provision & Write-off of Bad Debts	-	-	-2.08	-3.39	-0.86
Other Operating Activities	-95.99	-35.37	-150.18	-213.1	-298.33
Change in Accounts Receivable	-50.86	19.4	-100.79	-164.73	162.67
Change in Accounts Payable	26.72	17.03	-1.03	-8.56	14.37
Change in Other Net Operating Assets	96.38	139.97	194.78	152.45	-9.64
Operating Cash Flow	1,573	1,449	1,070	992.58	966.62
Operating Cash Flow Growth	8.53%	35.40%	7.81%	2.69%	26.55%

Investing Activities

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Capital Expenditures	-124.93	-124.12	-68.97	-90.88	-52.22
Sale of Property, Plant & Equipment	3.68	1.83	0.76	2.38	0.53
Cash Acquisitions	-2,456	-	-152.96	-	-
Investment in Securities	1,275	-188.67	250.6	-937.8	-895.9
Other Investing Activities	200.41	142.06	245.51	257.92	228.97
Investing Cash Flow	-1,102	-168.9	274.94	-768.39	-718.62

Financing Activities

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Long-Term Debt Repaid	-63.95	-41.97	-86.62	-28.7	-33.02
Net Debt Issued (Repaid)	-63.95	-41.97	-86.62	-28.7	-33.02
Common Dividends Paid	-587.66	-384.8	-384.77	-269.38	-259.73
Other Financing Activities	-17.54	-27.37	-30.01	-23.18	-20.41
Financing Cash Flow	-669.15	-1,031	-1,367	-321.26	-313.16

Net Cash Flow

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Foreign Exchange Rate Adjustments	0.02	0.01	0.35	-0.56	-0.11
Miscellaneous Cash Flow Adjustments	147.04	-	-	-	-
Net Cash Flow	-51.43	248.76	-21.74	-97.62	-65.27

Free Cash Flow

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Free Cash Flow	1,448	1,325	1,001	901.7	914.4
Free Cash Flow Growth	9.27%	32.33%	11.03%	-1.39%	25.48%
Free Cash Flow Margin	24.15%	26.60%	22.44%	22.36%	26.67%
Free Cash Flow Per Share	150.19	137.54	104.02	93.74	95.06
Levered Free Cash Flow	1,157	1,338	892.88	1,028	847.85
Unlevered Free Cash Flow	1,185	1,368	957.93	1,036	857.61

Additional Metrics

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash Interest Paid	17.54	14.72	17.17	13.59	15.61
Cash Income Tax Paid	635.46	551.79	508.39	475.97	414.52
Change in Working Capital	72.24	176.41	92.96	-20.84	167.4

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 21, 2026

Data Sources Report a data error