ICRANSE:ICRA +0.74%90 EBITDA Margin % is 47.89% as of Mar. 2026, which is 0% above its 10-year median of 47.77. GuruFocus rates NSE:ICRA with a GF Score™ of 90/100 and a GF Value™ of ₹8,091.92 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 666 Capital Markets companies, ICRA ranks better than 67.72% on this metric.
EBITDA Margin % is calculated as EBITDA divided by its Revenue. ICRA's EBITDA for the
three
months ended in Mar. 2026 was ₹837 Mil. ICRA's Revenue for the
three
months ended in Mar. 2026 was ₹1,749 Mil. Therefore, ICRA's EBITDA margin for the quarter that ended in Mar. 2026 was 47.89%.
ICRA (NSE:ICRA) EBITDA Margin % Explanation
EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.
ICRA EBITDA Margin % Related Terms
ICRA EBITDA Margin % Historical Data
* Premium members only.
The historical data trend for ICRA's EBITDA Margin % 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.
NSE:ICRA vs SPGI, CME, ICE: EBITDA Margin % Comparison
For the Financial Data & Stock Exchanges subindustry, ICRA's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
ICRA EBITDA Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, ICRA's EBITDA Margin % distribution charts can be found below:
* The bar in red indicates where ICRA's EBITDA Margin % falls into.
* 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 (NSE:ICRA) has a EBITDA Margin % of 47.89% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on ICRA and its competitors. This is near median its historical median of 47.77. Over the past decade, ICRA's EBITDA Margin % has ranged from 41.39 to 53.98. According to the industry distribution chart, ICRA ranks #215 out of 666 companies in the Capital Markets industry, placing it in the top 32.3%.
Is ICRA's EBITDA Margin % too high?
ICRA's current EBITDA Margin % of 47.89% is near median its 10-year median of 47.77. Over the past 10 years, this metric has ranged from a low of 41.39 to a high of 53.98. The Capital Markets industry median EBITDA Margin % is 20.73. ICRA's value of 47.89% is 131% above this industry median. Based on the distribution chart, ICRA ranks #215 out of 666 companies in the Capital Markets industry, which is above the industry midpoint. Overall, ICRA has a GF Score™ of 90/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ICRA's EBITDA Margin % compare to SPGI and CME?
According to the Capital Markets industry distribution chart, ICRA ranks #215 out of 666 companies for EBITDA Margin %. This puts ICRA in the upper half of its industry. The industry median EBITDA Margin % is 20.73. ICRA's value of 47.89% is 131% above this benchmark. Historically, ICRA's own EBITDA Margin % has ranged from 41.39 to 53.98 over the past decade. While the company's 10-year median is 47.77 vs. the industry median of 20.73, ICRA has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a Capital Markets company?
The median EBITDA Margin % among Capital Markets companies is 20.73, based on 666 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ICRA's current EBITDA Margin % of 47.89% is 131% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on ICRA and its competitors. For the Capital Markets industry, the median EBITDA Margin % is 20.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ICRA's current EBITDA Margin % is 47.89%, which is near median its own 10-year median of 47.77. 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 ₹8,091.92, compared to a current price of ₹5,346.00 — trading 33.9% below its estimated fair value. The current EBITDA Margin % is 47.89%, which is near median its 10-year median of 47.77 and 131% above the Capital Markets industry median of 20.73. ICRA's overall GF Score™ is 90/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For ICRA (NSE:ICRA), the current EBITDA Margin % is 47.89% as of Mar. 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 ₹5,346.00 is trading 33.9% below its estimated GF Value™ of ₹8,091.92.
GuruFocus considers ICRA to be Possible Value Trap.
Key valuation signals for NSE:ICRA:
EBITDA Margin %: 47.89% (near median its 10-year median of 47.77)
GF Value™: ₹8,091.92 vs. price of ₹5,346.00 (33.9% below fair value)
Industry Position: 131% above the Capital Markets median (#215 of 666)
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 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.
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