CARERATINGBSECARE Ratings LtdLowNeutral
Announced Wed, 13 May · 21:06 IST

Annual General Meeting on July 3, 2026

Board & Shareholder Meetings View source PDF

CARERATING · price

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Price reaction · full curve 14 horizons · vs prior close
+13.0%1-day move
₹1595.00
prior close
₹1700.10
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+3.9+2.2+0.8+1.3+13.0+8.4+10.7+8.0+7.6+6.6+0.6+3.4+3.9
Up moveDown movePending
AI summary

CARE Ratings reported strong FY2026 results with consolidated revenue up 17.6% to ₹47,307 lakhs and net profit rising 24% to ₹17,370 lakhs. Standalone profit grew 17.8% to ₹17,439 lakhs. The Board recommended a final dividend of ₹14 per share, bringing total FY26 dividend to ₹22 per share (including ₹8 interim). The 33rd AGM will be held on July 3, 2026 via video conferencing. The company also announced re-appointment of B S R & Co. LLP as statutory auditors for 5 years and granted 55,000 stock options at ₹1,590 exercise price. Additionally, the company noted that the proposed sale of partial stake in CareEdge Global IFSC Limited to SBI and NSE IFSC Limited is taking longer than expected due to ongoing legal documentation discussions.

Likely market impact

The results show healthy growth trajectory with improving profitability. The 24% rise in consolidated PAT and 22% EPS growth are positive signals for shareholders. The total dividend of ₹22 per share represents an attractive return. However, the delay in the stake sale of the IFSC subsidiary introduces some uncertainty around the strategic transaction timeline.