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ICRA Limited Cash Flow Statement

NSE:ICRA | Rating Agencies

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Cash Flow Insights

Cash Conversion

0.62x

ICRA's operating cash flow covered 62% of net income in FY 2025. Some earnings may be tied up in working capital.

Free Cash Flow

₹1.32B

ICRA's free cash flow was ₹1.32B in FY 2025, up 32.3% from FY 2024.

Dividend Coverage

1.4x

ICRA's free cash flow covered dividends 1.4x in FY 2025 but leaves limited surplus.

CapEx Intensity

8.6%

Capital expenditure was 8.6% of operating cash flow in FY 2025 for ICRA, indicating a capital-light business.

2-year ICRA cash flow snapshot

Hover the chart icon for YoY change.

FY 2024 - FY 2025
Item Chart 2024 2025
Net Income 2.00B 2.34B
Cash flow Operating Activities 1.07B 1.45B
Investments in PPE -68.97M -124.12M
Cash flow Investing Activities 274.94M -168.90M
Dividend Paid -1.26B -974.59M
Cash flow Financing Activities -1.37B -1.03B
Cash at beginning of period 121.58M 99.84M
Cash at end of period 99.84M 348.59M
Free Cash Flow 1.00B 1.32B

Values are shown in millions (M) and billions (B). All amounts are in Indian Rupees (₹).

Data from audited consolidated filings. For educational purposes only — not investment advice. Last update: Mar-2025