Rs 70 dividend + Rs 35 special dividend: This credit ratings giant rewards shareholders with Rs 105 payout

ICRA Dividend Announcement: ICRA Limited’s Board of Directors has recommended a final dividend of Rs 105 per equity share for the financial year ended March 31, 2026, which includes a special dividend component of Rs 35 per share.

The total payout is based on equity shares with a face value of Rs 10, reflecting a strong return to shareholders as the company wraps up FY26 on a positive note.

Strong Q4 performance

For the quarter ended March 2026, ICRA reported a net profit of Rs 52.5 crore. Revenues rose 28.4 per cent year-on-year to Rs 174.9 crore, driven by steady traction in its core credit rating and analytics services.

The robust quarterly performance has supported the board’s decision to recommend a higher dividend payout, including the special dividend component.

Dividend yield context

ICRA’s stock currently trades with a historical dividend yield of around 1.11 per cent. The latest announcement is likely to keep the counter in focus, given the sizeable payout relative to its earnings profile.

The dividend recommendation is subject to shareholder approval at the company’s upcoming annual general meeting.