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NSE:CARERATING

CARE RATINGS LIMITED

Financial Services › Capital Markets
₹1,612.50
at close · 28 Oct 2026
▼ 1.50 (-0.09%)

Latest filings

Next results: Thu, 29 Oct · Financial Results/Dividend
  1. CARE Ratings sells 19.80 percent stake in CareEdge Global IFSC arm to SBI and NSE IFSC · Strategic Transactions
  2. Board Meeting on Oct 29 to Consider Q2 FY27 Results and Interim Dividend · Results
  3. CARE Ratings allots 14,200 shares under ESOP 2020 · Capital Market Events
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Issues credit ratings on debt instruments and corporate borrowers in India, generating 89.3% of segment revenue from its core Ratings and Related Services business and 10.7% from an 'Others' line. The ratings segment posted Rs 231.61 crore in segment EBIT for FY26, while the Others segment recorded a marginal EBIT loss of Rs 0.14 crore. Employee costs are the dominant expense at 45.4% of revenue, followed by other operating expenses at 12.9% and depreciation at 3%, consistent with a professional, analytical service model. Capital expenditure is low at 1.8% of revenue, indicating an asset-light operating structure. The business sits in the regulated Indian capital markets ratings industry under SEBI oversight and is classified as a Capital Markets/Ratings entity.

Revenue mix · reported segments
Ratings and related services89.3%
Others10.7%
Operating scale
Total revenue
Rs 473.07 croreFY26
Ratings segment revenue
Rs 423.40 croreFY26
Others segment revenue
Rs 50.59 croreFY26
Net profit
Rs 173.70 croreFY26
EBITDA margin
53.3%FY26
FY26 dividend per share
Rs 22FY26
Who pays it
Debt issuers and corporates seeking credit ratings in India
Biggest cost
Employee costs at 45.4% of revenue
Kind of business
Asset-light, regulated analytical services
Where it sits
SEBI-registered Indian credit rating agency in the Capital Markets/Ratings industry
Market Cap
₹4,847 Cr
P / E (TTM)
27.3×
EV / EBITDA
18.5×
Div Yield
1.20%
Growth
13.7%▲
Revenue 5y CAGR
PAT +13.8% · EBITDA +14.7%
Quality
19.4%▲
ROCE (5y median)
ROE 14.2% (5y median) · margin 53.3%
Leverage
0.00·
Debt / Equity · low
Net cash ₹43 Cr
Revenue FY21→FY26
1.9×▲
Margin +0.1 pts
₹248 Cr → ₹473 Cr
Cash conversion
0.88×·
Operating cash ÷ profit · 5 yrs
₹512 Cr on ₹579 Cr
Moves on a normal day
1.09%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 68 Capital Markets peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#40/58
P/B#45/65
ROCE#10/33
ROE#21/65
Debt / Equity#1/30
EBITDA margin#35/64
Revenue growth#33/58
Profit growth#28/61

Scorecard

Measured from the filed financials, judged against its Capital Markets peers · as of FY26 — not investment advice

Strengths
Revenue compounding 14% a year over 5 years
Profit compounding 14% a year over 5 years
Returns on capital 19.4% (5-year median)
#10 of 33 in Capital Markets on the latest reported figures · up from 19.3% in FY21
No borrowings on the balance sheet
lower than 72% of its 30 Capital Markets peers
Pays out 34% of profit as dividend
Concerns
Nothing flagged in the filed numbers.

Charts

How has the market priced it — with filings on the timeline?

CARERATING · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from CARE RATINGS LIMITED's filed financials and exchange disclosures

What does CARE RATINGS LIMITED do?

CARE RATINGS LIMITED is a Capital Markets company listed on NSE and BSE, trading under the symbol CARERATING.

Is CARE RATINGS LIMITED profitable?

Yes. Over the trailing twelve months CARE RATINGS LIMITED reported a net profit of ₹180 Cr on revenue of ₹491 Cr.

Does CARE RATINGS LIMITED pay a dividend?

Yes. The dividend yield is 1.20% at the current price. It paid out 34% of its profit as dividend in FY26.

Is CARE RATINGS LIMITED debt-free?

Yes. It reported no borrowings on its 31 Mar 2026 balance sheet, and ₹43 Cr of cash.

Is CARE RATINGS LIMITED expensive compared with its peers?

On trailing P/E, CARE RATINGS LIMITED ranks 40 of 58 in Capital Markets — cheaper than 32% of them, against an industry median of 19.6×. This is a position, not a valuation judgement.

How much does the CARE RATINGS LIMITED share price move in a day?

On a typical session CARE RATINGS LIMITED moves 1.09% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

When are CARE RATINGS LIMITED's next results?

Financial Results/Dividend on Thu, 29 Oct. MarketPing alerts you on WhatsApp the moment the filing lands.

Where can I track CARE RATINGS LIMITED's announcements?

Every NSE and BSE filing by CARE RATINGS LIMITED appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.