ICRA (NSE:ICRA) Moat Score: 0/10 (As of Jul. 14, 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
87 GF Score
Price ₹5,249.50
GF Value ₹8,157.43
Valuation Possible Value Trap
! 1 Warning Sign
View Full Analysis

What is ICRA Moat Score?

ICRA has the Moat Score of 0, which implies that the company might have No Moat - No discernible moat.

ICRA has

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes ICRA might have No Moat - No discernible moat.

ICRA  (NSE:ICRA) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

ICRA Moat Score Related Terms

NSE:ICRA
87GF Score
ICRA Ltd NSE:ICRA
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Is ICRA (NSE:ICRA) Overvalued in 2026?

Based on GuruFocus' analysis, ICRA stock appears to be undervalued. The current stock price of ₹5,249.50 is trading 35.6% below its estimated GF Value™ of ₹8,157.43. GuruFocus considers ICRA to be Possible Value Trap.

Key valuation signals for NSE:ICRA:

  • Moat Score: 0
  • GF Value™: ₹8,157.43 vs. price of ₹5,249.50 (35.6% below fair value)
  • GF Score™: 87/100 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.
87GF Score

Get the complete analysis for NSE:ICRA

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

₹5,249.50
Price
₹8,157.43
GF Value