ICRANSE:ICRA -0.65%86 Market Cap is ₹50,963 Mil as of Jul. 04, 2026. GuruFocus rates NSE:ICRA with a GF Score™ of 86/100 and a GF Value™ of ₹8,128.76 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 831 Capital Markets companies, ICRA ranks better than 74.13% on this metric.
Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). ICRA's share price for the quarter that ended in Mar. 2026 was ₹5003. ICRA's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 10 Mil. Therefore, ICRA's market cap for the quarter that ended in Mar. 2026 was ₹48,149 Mil.
ICRA's quarterly market cap
declined
from Sep. 2025 (₹61,087 Mil) to Dec. 2025 (₹58,471 Mil) and
declined
from Dec. 2025 (₹58,471 Mil) to Mar. 2026 (₹48,149 Mil).
ICRA's annual market cap
increased
from Mar. 2024 (₹52,367 Mil) to Mar. 2025 (₹52,964 Mil) but then
declined
from Mar. 2025 (₹52,964 Mil) to Mar. 2026 (₹48,149 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. ICRA's Enterprise Value for Today is ₹43,123 Mil.
ICRA (NSE:ICRA) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
ICRA Market Cap Related Terms
ICRA Market Cap Historical Data
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The historical data trend for ICRA's Market Cap 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.
For the Financial Data & Stock Exchanges subindustry, ICRA's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, ICRA's Market Cap distribution charts can be found below:
* The bar in red indicates where ICRA's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
ICRA's Market Cap for the fiscal year that ended in Mar. 2026 is calculated as
* 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 Market Cap of ₹50,963 Mil as of Jul. 04, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on ICRA and its competitors. According to the industry distribution chart, ICRA ranks #215 out of 831 companies in the Capital Markets industry, placing it in the top 25.9%.
Is ICRA's Market Cap too high?
ICRA's current Market Cap is ₹50,963 Mil. Based on the distribution chart, ICRA ranks #215 out of 831 companies in the Capital Markets industry, which is above the industry midpoint. Overall, ICRA has a GF Score™ of 86/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ICRA's Market Cap compare to SPGI and CME?
According to the Capital Markets industry distribution chart, ICRA ranks #215 out of 831 companies for Market Cap. This puts ICRA in the upper half of its industry. The industry median Market Cap is 55.34. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Capital Markets company?
The median Market Cap among Capital Markets companies is 55.34, based on 831 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on ICRA and its competitors. For the Capital Markets industry, the median Market Cap is 55.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ICRA's current Market Cap is ₹50,963 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 ₹8,128.76, compared to a current price of ₹5,286.50 — trading 35% below its estimated fair value. The current Market Cap is ₹50,963 Mil. ICRA's overall GF Score™ is 86/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For ICRA (NSE:ICRA), the current Market Cap is ₹50,963 Mil as of Jul. 04, 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 ₹5,286.50 is trading 35% below its estimated GF Value™ of ₹8,128.76.
GuruFocus considers ICRA to be Possible Value Trap.
Key valuation signals for NSE:ICRA:
Market Cap: ₹50,963 Mil
GF Value™: ₹8,128.76 vs. price of ₹5,286.50 (35% below fair value)
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.
86GF Score
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