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ICRA posted strong Q4 & FY26 results. Revenue jumped 28.4% (Q4) & 20.4% (FY26), fueled by Fintellix acquisition. Ratings saw solid growth (10.6% Q4, 14.2% FY26), while Research & Analytics surged (56.8% Q4, 29.8% FY26). FY26 PBT rose 10% to 72.8 Cr. A total dividend of INR 105/share was announced. Management is realigning R&A segments and integrating AI. They foresee steady ratings growth from bank credit, offsetting bond market softness. R&A growth drivers include new regulatory demands. The firm is exploring capital allocation options, given robust cash on books. #ICRA #Earnings