Consolidated figures · ₹ crore
| ₹ Cr | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| 319 | 244 | 248 | 248 | 279 | 332 | 402 | 473 | |
| 144 | 162 | 153 | 168 | 180 | 220 | 247 | 276 | |
| 175 | 81 | 96 | 80 | 99 | 112 | 155 | 197 | |
| OPM % | 54.8% | 33.4% | 38.6% | 32.2% | 35.6% | 33.8% | 38.6% | 41.7% |
| Depreciation | 3 | 8 | 8 | 8 | 11 | 10 | 12 | 14 |
| Interest | — | 1 | 1 | 0 | 1 | 2 | 2 | 2 |
| 30 | 31 | 31 | 27 | 38 | 47 | 51 | 55 | |
| Profit before tax | — | 104 | 119 | 99 | 126 | 147 | 192 | 235 |
| Tax | 64 | 21 | 28 | 22 | 40 | 44 | 52 | 62 |
| Tax % | — | 19.8% | 23.3% | 22.1% | 32% | 30.1% | 27.2% | 26.2% |
| 138 | 83 | 91 | 77 | 85 | 103 | 140 | 174 | |
| PAT margin % | 43.3% | 34.3% | 36.6% | 31% | 30.6% | 30.9% | 34.8% | 36.7% |
| EPS (₹) | — | 28 | 30.4 | 25.5 | 28.2 | 33.8 | 45.9 | 57.1 |
| EPS adjusted (₹) | 0.2 | 28 | 30.4 | 25.3 | 27.8 | 33.7 | 45.9 | 57 |
| — | 69.7% | 56% | 66.8% | 88.7% | 53.3% | 39.2% | 38.6% | |
| Annual report | Annual report for Mar 2019 | Annual report for Mar 2020 | Annual report for Mar 2021 | Annual report for Mar 2022 | Annual report for Mar 2023 | Annual report for Mar 2024 | Annual report for Mar 2025 | Annual report for Mar 2026 |
| ₹ Cr | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 29 | 29 | 29 | 30 | 30 | 30 | 30 | 30 |
| Reserves | 521 | 504 | 559 | 618 | 643 | 687 | 776 | 902 |
| Minority interest | — | — | 4 | 5 | 7 | 7 | 9 | 11 |
| — | — | 0 | 0 | 0 | 20 | 0 | 0 | |
| 65 | 86 | 79 | 75 | 92 | 98 | 142 | 162 | |
| Total equity & liabilities | 615 | 619 | 672 | 727 | 771 | 842 | 958 | 1,105 |
| — | — | 78 | 87 | 107 | 109 | 119 | 122 | |
| CWIP | — | — | 7 | 9 | 0 | 0 | 0 | 0 |
| Investments | 249 | 226 | 240 | 44 | 44 | 44 | 134 | 87 |
| 366 | 393 | 347 | 588 | 620 | 689 | 704 | 895 | |
| Total assets | 615 | 619 | 672 | 727 | 771 | 842 | 958 | 1,105 |
As reported in NSE results XBRL. Segment result is before tax and finance costs. ROCE uses that annual result divided by segment assets less liabilities.
Latest reported period · 31 Mar 2026 · ₹ crore
| Segment | Revenue | Result | Assets | Liabilities | Capital employed | ROCE % |
|---|---|---|---|---|---|---|
| Ratings and related services | 423.4 | 231.61 | 963.28 | 124.05 | 839.23 | 27.6 |
| Others | 50.59 | -0.14 |
| ₹ Cr | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| 109 | -30 | 86 | 68 | 82 | 91 | 123 | 148 | |
| 83 | 124 | -38 | -27 | 13 | -39 | -58 | -95 | |
| -195 | -107 | -43 | -35 | -63 | -63 | -54 | -59 | |
| Net cash flow | -4 | -13 | 5 | 6 | 32 | -11 | 11 | -6 |
| Free cash flow | 82 | -34 | 82 | 49 | 71 | 82 | 108 | 139 |
| CFO / Operating profit % | 62.2% | -36.7% | 90% | 85.4% | 82.8% | 81.1% | 79.2% | 74.8% |
| 46.62 |
| 37.56 |
| 9.06 |
| -1.55 |
₹ crore by fiscal year