ICRA Limited Net Asset Quality Index
ICRA Limited net asset quality index. ICRA Limited (ICRA) has a Net Asset Quality Index of 80.1% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of Rs13.64 Billion minus total liabilities of Rs2.72 Billion yields net assets of Rs10.92 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See ICRA net assets for net asset value and shareholders' equity analysis.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of ICRA Limited (2002–2025)
Net asset quality index of ICRA Limited from 2002 to 2025. This chart shows how ICRA Limited's Net Asset Quality Index has evolved across 24 annual periods from 2002 to 2025. As of September 2025, the index stands at 80.1%, representing net assets of Rs10.92 Billion against total assets of Rs13.64 Billion INR. Check ICRA Limited (ICRA) strategic investment index to assess the company's strategic physical and investment asset allocation.
ICRA Limited Net Asset Quality Index by Year (2002–2025)
ICRA Limited net asset quality index by year from 2002 to 2025. The table below presents the year-by-year Net Asset Quality Index for ICRA Limited from 2002 to 2025, covering 24 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For live market cap and overall valuation, see ICRA market cap.
| Year | Quality Index | Net Assets (INR) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 81.7% | Rs10.58 Billion | Rs12.94 Billion | Rs2.37 Billion | ▼ -0.9 pp |
| 2024 | 82.7% | Rs9.81 Billion | Rs11.87 Billion | Rs2.06 Billion | ▼ -4.1 pp |
| 2023 | 86.7% | Rs9.55 Billion | Rs11.01 Billion | Rs1.46 Billion | ▲ +0.1 pp |
| 2022 | 86.6% | Rs8.48 Billion | Rs9.78 Billion | Rs1.31 Billion | ▲ +1.7 pp |
| 2021 | 84.9% | Rs7.61 Billion | Rs8.96 Billion | Rs1.35 Billion | ▲ +1.6 pp |
| 2020 | 83.3% | Rs7.04 Billion | Rs8.46 Billion | Rs1.41 Billion | ▼ -0.1 pp |
| 2019 | 83.3% | Rs6.40 Billion | Rs7.67 Billion | Rs1.28 Billion | ▼ -1.8 pp |
| 2018 | 85.2% | Rs6.56 Billion | Rs7.71 Billion | Rs1.14 Billion | ▲ +3.3 pp |
| 2017 | 81.8% | Rs5.00 Billion | Rs6.11 Billion | Rs1.11 Billion | ▲ +5.8 pp |
| 2016 | 76.0% | Rs4.77 Billion | Rs6.27 Billion | Rs1.50 Billion | ▲ +2.4 pp |
| 2015 | 73.6% | Rs4.29 Billion | Rs5.83 Billion | Rs1.54 Billion | ▼ -1.6 pp |
| 2014 | 75.3% | Rs3.88 Billion | Rs5.16 Billion | Rs1.28 Billion | ▼ -2.7 pp |
| 2013 | 78.0% | Rs3.44 Billion | Rs4.41 Billion | Rs970.87 Million | ▼ -0.5 pp |
| 2012 | 78.5% | Rs3.02 Billion | Rs3.84 Billion | Rs826.81 Million | ▲ +1.3 pp |
| 2011 | 77.2% | Rs2.57 Billion | Rs3.33 Billion | Rs760.03 Million | ▲ +8.9 pp |
| 2010 | 68.3% | Rs2.22 Billion | Rs3.25 Billion | Rs1.03 Billion | ▼ -0.7 pp |
| 2009 | 68.9% | Rs1.89 Billion | Rs2.74 Billion | Rs850.29 Million | ▼ -6.8 pp |
| 2008 | 75.7% | Rs1.64 Billion | Rs2.16 Billion | Rs525.19 Million | ▲ +70.8 pp |
| 2007 | 4.9% | Rs1.47 Billion | Rs29.93 Billion | Rs28.46 Billion | ▼ -78.1 pp |
| 2006 | 83.0% | Rs936.29 Million | Rs1.13 Billion | Rs191.55 Million | ▼ -2.5 pp |
| 2005 | 85.6% | Rs837.92 Million | Rs979.29 Million | Rs141.37 Million | ▲ +2.2 pp |
| 2004 | 83.4% | Rs792.11 Million | Rs950.10 Million | Rs157.99 Million | ▼ -3.0 pp |
| 2003 | 86.3% | Rs731.19 Million | Rs846.92 Million | Rs115.73 Million | ▼ -1.0 pp |
| 2002 | 87.4% | Rs671.13 Million | Rs768.18 Million | Rs97.05 Million | — |