ICRA (BOM:532835) Dividend Payout Ratio: 0.00 (As of Mar. 2026)

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Valuation Possible Value Trap

1 Warning Sign

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What is ICRA Dividend Payout Ratio?

ICRA BOM:532835 -0.46% 87 Dividend Payout Ratio is 0.00 as of Mar. 2026. GuruFocus rates BOM:532835 with a GF Score™ of 87/100 and a GF Value™ of ₹8,190.00 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 327 Capital Markets companies, ICRA ranks better than 55.66% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. ICRA's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.00.

The historical rank and industry rank for ICRA's Dividend Payout Ratio or its related term are showing as below:

BOM:532835' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.23 Med: 0.3 Max: 0.4
Current: 0.31

During the past 13 years, the highest Dividend Payout Ratio of ICRA was 0.40. The lowest was 0.23. And the median was 0.30.

BOM:532835's Dividend Payout Ratio is ranked better than
55.66% of 327 companies
in the Capital Markets industry
Industry Median: 0.34 vs BOM:532835: 0.31

As of today (2026-07-20), the Dividend Yield % of ICRA is 1.15%.

During the past 13 years, the highest Trailing Annual Dividend Yield of ICRA was 1.43%. The lowest was 0.45%. And the median was 0.73%.

ICRA's Dividends per Share for the months ended in Mar. 2026 was ₹0.00.

During the past 12 months, ICRA's average Dividends Per Share Growth Rate was 50.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 28.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 17.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 7.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of ICRA was 55.70% per year. The lowest was -17.20% per year. And the median was 9.15% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

ICRA (BOM:532835) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

ICRA Dividend Payout Ratio Related Terms

ICRA Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for ICRA's Dividend Payout Ratio 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 Dividend Payout Ratio Chart

ICRA Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

Dividend Payout Ratio

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0.25

0.23

0.35

0.30

0.40

ICRA Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Dividend Payout Ratio	Get a 7-Day Free Trial															0.00	0.00	1.21	0.00	0.00

BOM:532835 vs SPGI, CME, MCO: Dividend Payout Ratio Comparison

For the Financial Data & Stock Exchanges subindustry, ICRA's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, ICRA's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where ICRA's Dividend Payout Ratio falls into.

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87GF Score

ICRA Ltd BOM:532835

Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.

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ICRA Dividend Payout Ratio Calculation

ICRA's Dividend Payout Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Mar. 2026 )	/	EPS without NRI (A: Mar. 2026 )
	=	60	/	149.857
	=	0.40

ICRA's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2026 )	/	EPS without NRI (Q: Mar. 2026 )
	=	0	/	54.43
	=	0.00

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.00 mean?

ICRA (BOM:532835) has a Dividend Payout Ratio of 0.00 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on ICRA and its competitors. Over the past decade, ICRA's Dividend Payout Ratio has ranged from 0.23 to 0.40. According to the industry distribution chart, ICRA ranks #145 out of 327 companies in the Capital Markets industry, placing it in the top 44.3%.

Is ICRA's Dividend Payout Ratio too high?

ICRA's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 0.40. Based on the distribution chart, ICRA ranks #145 out of 327 companies in the Capital Markets industry, which is above the industry midpoint. Overall, ICRA has a GF Score™ of 87/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.

How does ICRA's Dividend Payout Ratio compare to SPGI and CME?

According to the Capital Markets industry distribution chart, ICRA ranks #145 out of 327 companies for Dividend Payout Ratio. This puts ICRA in the upper half of its industry. The industry median Dividend Payout Ratio is 0.34. Historically, ICRA's own Dividend Payout Ratio has ranged from 0.23 to 0.40 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Dividend Payout Ratio for a Capital Markets company?

The median Dividend Payout Ratio among Capital Markets companies is 0.34, based on 327 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio 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 Dividend Payout Ratio mean?

A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on ICRA and its competitors. For the Capital Markets industry, the median Dividend Payout Ratio is 0.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ICRA's current Dividend Payout Ratio is 0.00. 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 (BOM:532835) is currently considered Possible Value Trap. The stock's GF Value™ is ₹8,190.00, compared to a current price of ₹5,203.05 — trading 36.5% below its estimated fair value. The current Dividend Payout Ratio is 0.00. ICRA's overall GF Score™ is 87/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Dividend Payout Ratio calculated?

Dividend Payout Ratio is calculated from a company's financial statements. For ICRA (BOM:532835), the current Dividend Payout Ratio is 0.00 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 (BOM:532835) Overvalued in 2026?

Based on GuruFocus' analysis, ICRA stock appears to be undervalued. The current stock price of ₹5,203.05 is trading 36.5% below its estimated GF Value™ of ₹8,190.00. GuruFocus considers ICRA to be Possible Value Trap.

Key valuation signals for BOM:532835:

Dividend Payout Ratio: 0.00
GF Value™: ₹8,190.00 vs. price of ₹5,203.05 (36.5% below fair value)
GF Score™: 87/100 with 1 warning sign

No single metric tells the full story. See the BOM:532835 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

ICRA Business Description

Industry Financial Services Capital Markets

Comparable Companies NSE:CARERATING BOM:544467 SPGI CME MCO ICE HKSE:00388 LSE:LSEG XTER:DB1 NDAQ MSCI COIN SZSE:300033 CBOE SGX:S68 NSE:BSE XPAR:ENX BSP:B3SA3 TRU TSE:8697

Other Exchanges ICRA:India

Address Building No. 8, 2nd Floor, Tower A, DLF Cyber City, Phase II, Gurugram, HR, IND, 122 002

Website https://www.icra.in

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

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

₹5,203.05

Price

₹8,190.00

GF Value

View BOM:532835 Analysis

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