ICRA (NSE:ICRA) Beginning Cash Position: ₹0 Mil (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:ICRA ICRA Ltd NSE:ICRA
82 GF Score
Price ₹4,964.80
GF Value ₹8,263.02
Valuation Possible Value Trap
! 1 Warning Sign
View Full Analysis

What is ICRA Beginning Cash Position?

ICRA NSE:ICRA +2.01% 82 Beginning Cash Position is ₹0 Mil as of Jun. 2026. GuruFocus rates NSE:ICRA with a GF Score™ of 82/100 and a GF Value™ of ₹8,263.02 (Possible Value Trap). The stock has 1 warning sign investors should review.

ICRA's Beginning Cash Position for the quarter that ended in Jun. 2026 was ₹0 Mil.

ICRA's annual Beginning Cash Position declined from Mar. 2024 (₹122 Mil) to Mar. 2025 (₹100 Mil) but then increased from Mar. 2025 (₹100 Mil) to Mar. 2026 (₹496 Mil).

ICRA Beginning Cash Position Related Terms

ICRA Beginning Cash Position Historical Data

* Premium members only.

The historical data trend for ICRA's Beginning Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

ICRA Beginning Cash Position Chart

ICRA Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 284.47 219.20 121.58 99.84 495.63

ICRA Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Beginning Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00
NSE:ICRA
82GF Score
ICRA Ltd NSE:ICRA
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ICRA Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of ₹0 Mil mean?
ICRA (NSE:ICRA) has a Beginning Cash Position of ₹0 Mil as of Jun. 2026. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on ICRA and its competitors.
Is ICRA's Beginning Cash Position too high?
ICRA's current Beginning Cash Position is ₹0 Mil. Overall, ICRA has a GF Score™ of 82/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ICRA's Beginning Cash Position compare to SPGI and CME?
ICRA's Beginning Cash Position of ₹0 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for a Capital Markets company?
A good Beginning Cash Position depends on the Capital Markets industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on ICRA and its competitors. ICRA's current Beginning Cash Position is ₹0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ICRA stock overvalued right now?
Based on GuruFocus' analysis, ICRA (NSE:ICRA) is currently considered Possible Value Trap. The stock's GF Value™ is ₹8,263.02, compared to a current price of ₹4,964.80 — trading 39.9% below its estimated fair value. The current Beginning Cash Position is ₹0 Mil. ICRA's overall GF Score™ is 82/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For ICRA (NSE:ICRA), the current Beginning Cash Position is ₹0 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is ICRA (NSE:ICRA) Overvalued in 2026?

Based on GuruFocus' analysis, ICRA stock appears to be undervalued. The current stock price of ₹4,964.80 is trading 39.9% below its estimated GF Value™ of ₹8,263.02. GuruFocus considers ICRA to be Possible Value Trap.

Key valuation signals for NSE:ICRA:

  • Beginning Cash Position: ₹0 Mil
  • GF Value™: ₹8,263.02 vs. price of ₹4,964.80 (39.9% below fair value)
  • GF Score™: 82/100 with 1 warning sign

No single metric tells the full story. See the NSE:ICRA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

ICRA Business Description

Other Exchanges 532835:India
Address Building No. 8, 2nd Floor, Tower A, DLF Cyber City, Phase II, Gurugram, HR, IND, 122 002
ICRA Ltd is an independent and professional Investment Information and credit rating agency. The company operates through four segments: Rating, research, and other services; Consulting services; Knowledge and Market Services. The company generates over half of its revenue from the Rating, research and other services segment. Rating, research, and other services segment provides rating, grading, and industry research services. The consulting services segment provides management consulting which includes risk management, financial advisory, outsourcing, and policy advisory. The knowledge Services segment provides KPO services and the Market services segment provides financial information products and services. Geographically the majority of revenue is generated from within India.
82GF Score

Get the complete analysis for NSE:ICRA

Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹4,964.80
Price
₹8,263.02
GF Value