ICRA Limited Ratios and Metrics

Market cap in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 12, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Market Capitalization	56,704	52,955	52,368	42,540	40,730	31,455
Market Cap Growth	-1.91%	1.12%	23.10%	4.44%	29.49%	52.47%
Enterprise Value	45,912	46,526	47,750	39,296	36,765	25,505
Last Close Price	5905.40	5474.04	5307.54	4204.79	4024.95	3082.60
PE Ratio	30.68	31.15	34.66	31.46	36.27	38.52
PS Ratio	10.11	10.63	11.74	10.55	11.88	10.45
PB Ratio	5.19	5.01	5.34	4.46	4.81	4.13
P/TBV Ratio	5.48	5.29	5.66	4.52	4.87	4.18
P/FCF Ratio	-	39.97	52.31	47.18	44.54	43.17
P/OCF Ratio	-	36.55	48.94	42.86	42.14	41.18
EV/Sales Ratio	8.19	9.34	10.70	9.74	10.73	8.47
EV/EBITDA Ratio	23.74	27.64	32.64	28.36	31.51	33.23
EV/EBIT Ratio	25.20	28.79	34.18	29.43	32.51	35.21
EV/FCF Ratio	-	35.12	47.70	43.58	40.21	35.00
Debt / Equity Ratio	0.01	0.01	0.01	0.01	0.02	0.02
Debt / EBITDA Ratio	0.06	0.08	0.08	0.09	0.12	0.21
Debt / FCF Ratio	-	0.10	0.13	0.14	0.15	0.23
Net Debt / Equity Ratio	-0.99	-0.98	-0.57	-0.51	-0.42	-0.52
Net Debt / EBITDA Ratio	-5.74	-6.16	-3.85	-3.54	-3.05	-5.21
Net Debt / FCF Ratio	-	-7.83	-5.62	-5.44	-3.90	-5.49
Asset Turnover	-	0.40	0.39	0.39	0.37	0.35
Quick Ratio	-	6.24	4.15	4.16	3.60	4.14
Current Ratio	-	6.37	4.32	4.29	3.78	4.26
Return on Equity (ROE)	-	16.80%	15.73%	15.17%	14.11%	11.29%
Return on Assets (ROA)	-	8.14%	7.63%	8.03%	7.54%	5.20%
Return on Invested Capital (ROIC)	1650.77%	54.01%	24.10%	21.07%	19.80%	22.21%
Return on Capital Employed (ROCE)	-	14.50%	13.50%	13.80%	13.10%	9.30%
Earnings Yield	3.26%	3.21%	2.89%	3.18%	2.76%	2.60%
FCF Yield	-	2.50%	1.91%	2.12%	2.25%	2.32%
Dividend Yield	1.00%	1.10%	0.75%	0.95%	0.70%	0.88%
Payout Ratio	-	22.63%	25.46%	19.92%	23.13%	31.80%
Buyback Yield / Dilution	-0.05%	-0.08%	-0.05%	-	-	-
Total Shareholder Return	0.95%	1.01%	0.70%	0.95%	0.70%	0.88%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.