ICRA Limited Stock Forecast

Stock Price Forecast

According to 2 analysts polled by S&P Global, ICRA Limited stock has a consensus rating of "Buy" and an average price target of ₹6,559. The average 1-year stock price forecast is 27.30% higher than the current stock price, while the lowest is ₹6,500 (+26.16%) and the highest is ₹6,617 (+28.43%).

Price Target: ₹6,559 (+27.30%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	₹6,500	₹6,559	₹6,559	₹6,617
Change	+26.16%	+27.30%	+27.30%	+28.43%

Analyst Ratings

The average analyst rating for ICRA Limited stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Oct '25	Nov '25	Jan '26	Feb '26	Apr '26	May '26
Strong Buy	1	1	1	1	1	1
Buy	0	0	1	1	1	1
Hold	0	0	0	0	0	0
Sell	1	1	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	2	2	2	2	2	2

Financial Forecast

Revenue This Year

7.28B

from 6.00B

21.46%

from 6.00B

Revenue Next Year

8.16B

from 7.28B

12.00%

from 7.28B

EPS This Year

224.45

from 188.32

19.19%

from 188.32

EPS Next Year

259.60

from 224.45

15.66%

from 224.45

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026	Mar 31, 2027
Revenue	3.43B	4.03B	4.46B	4.98B	6.00B	7.28B
Revenue Growth	13.87%	17.63%	10.64%	11.64%	20.38%	21.46%
Operating Income	1.13B	1.34B	1.40B	1.62B	1.87B	2.24B
Net Income	1.12B	1.35B	1.51B	1.70B	1.82B	2.17B
EPS	116.74	140.59	156.99	176.50	188.32	224.45
EPS Growth	37.51%	20.43%	11.67%	12.43%	6.70%	19.19%
Forward PE	-	-	-	-	-	22.95
Dividend / Share	28.00	40.00	40.00	60.00	70.00	124.10
Dividend Growth	-	42.86%	-	50.00%	16.67%	77.29%
Free Cash Flow	847.85M	1.03B	892.88M	1.34B	1.16B	2.86B
No. Analysts	-	-	-	-	-	2

Financial currency is INR.

Revenue Forecast

Revenue	2027	2028	2029
High	7.3B
Avg	7.3B
Low	7.3B

Revenue Growth

Revenue Growth	2027	2028	2029
High	21.7%
Avg	21.5%
Low	21.2%

EPS Forecast

EPS	2027	2028	2029
High	226.70
Avg	224.45
Low	222.20

EPS Growth

EPS Growth	2027	2028	2029
High	20.4%
Avg	19.2%
Low	18.0%

Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. Financial forecast data provided by S&P Global Market Intelligence. The data is sourced from Wall Street analysts. Data sources.