Consolidated figures · ₹ crore
| ₹ Cr | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|
| 309 | 328 | 321 | 301 | 343 | 403 | 446 | 498 | 600 | |
| 194 | 215 | 225 | 220 | 222 | 260 | 297 | 320 | 384 | |
| 115 | 113 | 96 | 81 | 121 | 143 | 149 | 178 | 215 | |
| OPM % | 37.3% | 34.6% | 29.9% | 27% | 35.2% | 35.4% | 33.4% | 35.7% | 35.9% |
| Depreciation | 8 | 6 | 10 | 10 | 8 | 10 | 13 | 16 | 28 |
| Interest | 0 | 1 | 2 | 2 | 2 | 1 | 10 | 5 | 4 |
| 49 | 45 | 48 | 43 | 41 | 50 | 75 | 77 | 68 | |
| Profit before tax | 157 | 152 | 131 | 112 | 152 | 181 | 200 | 234 | 250 |
| Tax | 56 | 47 | 34 | 29 | 39 | 44 | 48 | 63 | 68 |
| Tax % | 35.5% | 31.2% | 26% | 26.2% | 25.4% | 24.6% | 23.8% | 26.8% | 27.1% |
| 101 | 105 | 97 | 83 | 114 | 137 | 152 | 171 | 183 | |
| PAT margin % | 32.8% | 31.9% | 30.3% | 27.5% | 33.1% | 33.9% | 34.1% | 34.4% | 30.5% |
| EPS (₹) | 102.4 | 106.6 | 100 | 84.9 | 116.7 | 140.6 | 157.1 | 176.7 | 188.6 |
| EPS adjusted (₹) | — | — | — | 84.6 | 116.4 | 141.7 | 157.8 | 176.2 | 188.1 |
| 29.3% | 28.1% | 27% | 31.8% | 24% | 92.5% | 63.7% | 34% | 55.7% | |
| Annual report | Annual report for Mar 2018 | 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 2016 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Equity capital | 10 | 10 | 10 | 10 | 10 | 10 | 10 |
| Reserves | 466 | 748 | 834 | 941 | 967 | 1,044 | 1,171 |
| Minority interest | — | 3 | 4 | 5 | 4 | 4 | 4 |
| -0 | 0 | 0 | 0 | 2 | 1 | 1 | |
| 151 | 135 | 131 | 146 | 205 | 235 | 300 | |
| Total equity & liabilities | 627 | 896 | 978 | 1,101 | 1,188 | 1,294 | 1,486 |
| 49 | 46 | 46 | 47 | 91 | 90 | 313 | |
| CWIP | — | 0 | — | 0 | 0 | 0 | 0 |
| Investments | 185 | 177 | 454 | 689 | 813 | 773 | 730 |
| 394 | 673 | 479 | 365 | 283 | 432 | 444 | |
| Total assets | 627 | 896 | 978 | 1,101 | 1,188 | 1,294 | 1,486 |
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 ancillary services | 336.45 | 124.19 | 111.97 | 155.62 | — | — |
| Research and analytics | 265.81 | 59.77 |
| ₹ Cr | Mar 2016 | Mar 2017 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| 71 | 64 | 76 | 97 | 99 | 107 | 145 | 157 | |
| -41 | 11 | -32 | -72 | -77 | 27 | -17 | -95 | |
| -40 | -70 | -32 | -31 | -32 | -137 | -103 | -67 | |
| Net cash flow | -10 | 4 | 12 | -7 | -10 | -2 | 25 | -5 |
| Free cash flow | 61 | 58 | 73 | 91 | 90 | 100 | 132 | 145 |
| CFO / Operating profit % | — | — | 94.1% | 80.2% | 69.5% | 71.9% | 81.5% | 73.1% |
| 371.4 |
| 62.27 |
| 309.13 |
| 19.33 |
₹ crore by fiscal year