Outcome of Board Meeting
CARERATING · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
CARE Ratings Limited reported strong FY26 results with consolidated net profit rising 24% to Rs. 17,369.59 lakhs from Rs. 14,000.19 lakhs in FY25. Consolidated revenue from operations grew 17.6% to Rs. 47,307.05 lakhs. The Board recommended a final dividend of Rs. 14 per share, bringing total dividend for FY26 to Rs. 22 per share (including Rs. 8 interim dividend already paid). Basic EPS improved from Rs. 49.49 to Rs. 58.13. The auditors B S R & Co. LLP issued unmodified opinions on both standalone and consolidated financial results. The Board also approved granting 55,000 stock options at Rs. 1,590 exercise price to eligible employees under the CARE Employee Stock Option Scheme 2020. Additionally, the partial stake sale of CareEdge Global IFSC Limited to State Bank of India and NSE IFSC Limited remains under legal documentation discussions.
The 24% jump in consolidated net profit and positive dividend outlook are encouraging signals for shareholders. The clean audit report with unmodified opinions adds credibility. Stock option grants may help retain talent but create dilution. The pending stake sale, if completed, could unlock value in the subsidiary.