CARE Ratings Limited CARERATING NSEFINANCIAL
Company Overview
CARE Ratings Limited, a credit rating agency, provides various rating and related services in India and internationally. It offers rating services for bank loan, debt instrument, bonds, long and short term instruments, InvITs, resolution plan, and non-convertible debentures; CDs for banks, bonds, mutual funds, and hybrid instruments; bank debt and capital market instruments, such as commercial papers, corporate bonds and debentures, and structured credit; structured finance ratings; insurance ratings; recovery ratings; issuer ratings; ratings of REITs; public finance; and monitoring agency for equity capital. The company was formerly known as Credit Analysis and Research Limited and changed its name to CARE Ratings Limited in June 2017. CARE Ratings Limited was incorporated in 1993 and is headquartered in Mumbai, India.
Why Investors Should Care
Generates a return on equity of 18.4%, reflecting efficient use of shareholder capital.
Return on capital employed stands at 24.1%.
Net profit has compounded at 27.0% per year over the last five years.
Revenue has grown at a 19.2% CAGR over the past five years.
Maintains a net profit margin of 36.2%.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Mar 2026 Revenue of ₹473.07 Cr (+17.6% YoY); net profit ₹171.18 Cr.
- Trailing 12 Months Year-on-year growth — revenue +17.6%, earnings +24.7%.
- 5-Year Trend Long-term compounding — revenue CAGR 19.2%, profit CAGR 27.0%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 19.25% |
| 1 Year: | 17.59% |
Compounded Profit Growth
| 5 Years: | 27.02% |
| 1 Year: | 24.73% |
Stock Price Performance
| 1 Year: | +7.46% |
| 6 Months: | +8.13% |
| 3 Months: | +7.87% |
| 1 Month: | +0.47% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMAAbove
- Price vs 200-DMAAbove
- RSI (14)56.97 · Neutral
P/E of 38.04 is above the sector median of 19.62 — pricier than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Healthy ROCE of 24.1%.
- Excellent profit margin of 36.2%.
- Compounding revenue at 19.2% over 5 years.
- Profit CAGR of 27.0% over 5 years.
- Generates positive free cash flow.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
No notable concerns flagged.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Financial Services).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | CARERATING CARE Ratings Limited NSEFINANCIAL | 1,738.20 | 38.04 | ₹5,222.77 Cr | 1.27% | 24.10% | 18.36% | 19.25% | 27.02% |
| 2 | HDFCBANK HDFC Bank Limited NIFTY50NSEAIFINANCIAL | 712.10 | 15.57 | ₹10.96 L Cr | 1.77% | - | 8.63% | 16.90% | 12.47% |
| 3 | ICICIBANK ICICI Bank Limited NIFTY50NSEAIFINANCIAL | 1,423.20 | 19.03 | ₹10.19 L Cr | 0.82% | - | 14.93% | 18.11% | 16.78% |
| 4 | SBIN State Bank of India NIFTY50NSEAIFINANCIALPSU | 1,016.10 | 11.15 | ₹9.38 L Cr | 1.60% | - | 13.97% | 12.19% | 14.39% |
| 5 | BAJFINANCE Bajaj Finance Limited NIFTY50NSEAIFINANCIAL | 1,060.50 | 34.76 | ₹6.60 L Cr | 0.47% | - | 16.68% | 22.58% | 18.23% |
| 6 | LICI Life Insurance Corporation of India NIFTY_MIDNSEFINANCIALPSU | 415.35 | 9.14 | ₹5.25 L Cr | 2.58% | - | 32.53% | 7.26% | 16.86% |
| 7 | KOTAKBANK Kotak Mahindra Bank Limited NIFTY50NSEAIFINANCIAL | 424.50 | 21.89 | ₹4.22 L Cr | 0.16% | - | 10.64% | 13.48% | 8.92% |
| 8 | AXISBANK Axis Bank Limited NIFTY50NSEAIFINANCIAL | 1,273.00 | 15.07 | ₹3.96 L Cr | 0.08% | - | 12.27% | 12.16% | 34.61% |
| 9 | BAJAJFINSV Bajaj Finserv Ltd. NIFTY50NSEAIFINANCIAL | 1,970.00 | 32.30 | ₹3.15 L Cr | 0.06% | - | 12.58% | 22.92% | 15.16% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in INR.
| Metric | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 78.00 Cr | 66.00 Cr | 96.00 Cr | 79.00 Cr | 90.00 Cr | 79.00 Cr | 117.00 Cr | 96.00 Cr | 109.65 Cr | 93.91 Cr | 136.37 Cr | 112.12 Cr | 130.67 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | - | 47.12 Cr | 53.70 Cr | 53.28 Cr | 54.37 Cr | 52.57 Cr |
| Gross Profit | - | - | - | - | - | - | - | - | 62.53 Cr | 40.20 Cr | 83.09 Cr | 57.76 Cr | 78.10 Cr |
| Operating Expenses | 50.00 Cr | 49.00 Cr | 55.00 Cr | 55.00 Cr | 61.00 Cr | 57.00 Cr | 62.00 Cr | 66.00 Cr | 18.23 Cr | 15.86 Cr | 18.14 Cr | 21.11 Cr | 21.18 Cr |
| Operating Income | 24.00 Cr | 15.00 Cr | 39.00 Cr | 20.00 Cr | 26.00 Cr | 19.00 Cr | 53.00 Cr | 27.00 Cr | 44.31 Cr | 24.34 Cr | 64.95 Cr | 36.65 Cr | 56.93 Cr |
| EBITDA | 27.00 Cr | 18.00 Cr | 42.00 Cr | 23.00 Cr | 29.00 Cr | 22.00 Cr | 56.00 Cr | 30.00 Cr | 62.54 Cr | 41.43 Cr | 80.99 Cr | 53.33 Cr | 76.46 Cr |
| Interest Expense | 1.00 Cr | 0 | 0 | 0 | 0 | 0 | 0 | 1.00 Cr | 59.64 L | 59.94 L | 61.44 L | 64.70 L | 62.54 L |
| Pretax Income | 34.00 Cr | 26.00 Cr | 50.00 Cr | 34.00 Cr | 36.00 Cr | 30.00 Cr | 64.00 Cr | 39.00 Cr | 58.89 Cr | 37.44 Cr | 76.91 Cr | 48.99 Cr | 72.01 Cr |
| Tax Provision | 13.94 Cr | 8.06 Cr | 14.50 Cr | 10.20 Cr | 11.52 Cr | 9.00 Cr | 17.28 Cr | 10.53 Cr | 15.51 Cr | 10.94 Cr | 19.70 Cr | 12.45 Cr | 18.56 Cr |
| Net Income | 20.00 Cr | 18.00 Cr | 36.00 Cr | 24.00 Cr | 25.00 Cr | 21.00 Cr | 47.00 Cr | 28.00 Cr | 42.61 Cr | 25.78 Cr | 56.67 Cr | 35.90 Cr | 52.83 Cr |
| Diluted EPS | 6.60 | 5.99 | 11.81 | 7.88 | 8.07 | 6.94 | 15.41 | 9.29 | 14.17 | 8.56 | 18.81 | 11.91 | 17.51 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 261.00 Cr | 279.00 Cr | 287.00 Cr | 333.00 Cr | 319.00 Cr | 244.00 Cr | 248.00 Cr | - | 278.99 Cr | 331.68 Cr | 402.32 Cr | 473.07 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | - | 124.11 Cr | 149.98 Cr | 173.76 Cr | 197.92 Cr |
| Gross Profit | - | - | - | - | - | - | - | - | 154.88 Cr | 181.71 Cr | 228.56 Cr | 275.16 Cr |
| Operating Expenses | 101.00 Cr | 105.00 Cr | 105.00 Cr | 122.00 Cr | 144.00 Cr | 162.00 Cr | 153.00 Cr | - | 60.25 Cr | 78.97 Cr | 84.17 Cr | 91.55 Cr |
| Operating Income | 155.00 Cr | 170.00 Cr | 179.00 Cr | 208.00 Cr | 172.00 Cr | 73.00 Cr | 88.00 Cr | - | 94.64 Cr | 102.74 Cr | 144.39 Cr | 183.61 Cr |
| EBITDA | 160.00 Cr | 174.00 Cr | 182.00 Cr | 211.00 Cr | 175.00 Cr | 81.00 Cr | 96.00 Cr | - | 137.28 Cr | 158.82 Cr | 206.10 Cr | 252.21 Cr |
| Interest Expense | 1.00 Cr | 0 | 0 | 0 | 0 | 1.00 Cr | 1.00 Cr | - | 1.00 Cr | 1.71 Cr | 2.11 Cr | 2.49 Cr |
| Pretax Income | 197.00 Cr | 178.00 Cr | 212.00 Cr | 233.00 Cr | 202.00 Cr | 104.00 Cr | 119.00 Cr | - | 125.75 Cr | 146.63 Cr | 192.27 Cr | 235.35 Cr |
| Tax Provision | 59.10 Cr | 58.74 Cr | 65.72 Cr | 69.90 Cr | 64.64 Cr | 20.80 Cr | 27.37 Cr | - | 40.29 Cr | 44.07 Cr | 52.26 Cr | 61.66 Cr |
| Net Income | 138.00 Cr | 120.00 Cr | 148.00 Cr | 162.00 Cr | 138.00 Cr | 83.00 Cr | 91.00 Cr | - | 83.53 Cr | 100.52 Cr | 137.24 Cr | 171.18 Cr |
| Diluted EPS | 47.53 | 40.68 | 50.13 | 55.13 | 46.66 | 27.96 | 30.39 | 25.31 | 28.17 | 33.67 | 45.69 | - |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 446.00 Cr | 502.00 Cr | 584.00 Cr | 658.00 Cr | 614.00 Cr | 618.00 Cr | 671.00 Cr | - | 769.62 Cr | 841.76 Cr | 957.74 Cr | 1,104.74 Cr |
| Current Assets | - | - | - | - | - | - | - | - | 601.79 Cr | 674.54 Cr | 692.13 Cr | 677.31 Cr |
| Cash & Equivalents | - | - | - | - | - | - | - | - | 49.42 Cr | 38.29 Cr | 48.82 Cr | 42.60 Cr |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - |
| Receivables | - | - | - | - | - | - | - | - | 20.38 Cr | 22.49 Cr | 32.09 Cr | 35.03 Cr |
| Total Liabilities | - | - | - | - | - | - | - | - | 90.58 Cr | 117.17 Cr | 142.24 Cr | 161.61 Cr |
| Current Liabilities | - | - | - | - | - | - | - | - | 57.81 Cr | 78.68 Cr | 97.80 Cr | 117.68 Cr |
| Long Term Debt | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Debt | 0 | 0 | 0 | 0 | 0 | 0 | 7.00 Cr | - | 17.48 Cr | 19.55 Cr | 23.77 Cr | 26.18 Cr |
| Total Equity | 359.00 Cr | 408.00 Cr | 520.00 Cr | 596.00 Cr | 550.00 Cr | 533.00 Cr | 588.00 Cr | - | 672.21 Cr | 717.13 Cr | 806.27 Cr | 932.45 Cr |
| Shares Outstanding | - | - | - | - | - | - | - | - | 2.97 Cr | 2.99 Cr | 2.99 Cr | 3.00 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 107.00 Cr | 106.00 Cr | 119.00 Cr | 134.00 Cr | 109.00 Cr | 67.00 Cr | 86.00 Cr | - | 82.24 Cr | 90.88 Cr | 122.95 Cr | 147.57 Cr |
| Investing Cash Flow | 157.00 Cr | -41.00 Cr | -22.00 Cr | -25.00 Cr | 83.00 Cr | 27.00 Cr | -38.00 Cr | - | 12.88 Cr | -39.07 Cr | -58.43 Cr | -94.45 Cr |
| Financing Cash Flow | -276.00 Cr | -66.00 Cr | -96.00 Cr | -99.00 Cr | -195.00 Cr | -107.00 Cr | -43.00 Cr | - | -63.33 Cr | -62.96 Cr | -54.00 Cr | -59.33 Cr |
| Capital Expenditure | -11.00 Cr | -2.00 Cr | -1.00 Cr | -3.00 Cr | -27.00 Cr | -4.00 Cr | -4.00 Cr | - | -11.51 Cr | -9.17 Cr | -14.74 Cr | -8.30 Cr |
| Free Cash Flow | 96.00 Cr | 104.00 Cr | 118.00 Cr | 131.00 Cr | 82.00 Cr | 63.00 Cr | 82.00 Cr | - | 70.74 Cr | 81.71 Cr | 108.22 Cr | 139.27 Cr |
| Net Change in Cash | -12.00 Cr | -1.00 Cr | 1.00 Cr | 11.00 Cr | -4.00 Cr | -13.00 Cr | 5.00 Cr | - | 31.79 Cr | -11.14 Cr | 10.53 Cr | -6.22 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | 55.5% | 54.8% | 56.8% | 58.2% |
| Operating Margin % | 59.4% | 60.9% | 62.4% | 62.5% | 53.9% | 29.9% | 35.5% | - | 33.9% | 31.0% | 35.9% | 38.8% |
| Net Margin % | 52.9% | 43.0% | 51.6% | 48.6% | 43.3% | 34.0% | 36.7% | - | 29.9% | 30.3% | 34.1% | 36.2% |
| ROE % | 38.4% | 29.4% | 28.5% | 27.2% | 25.1% | 15.6% | 15.5% | - | 12.4% | 14.0% | 17.0% | 18.4% |
| ROCE % | - | - | - | - | - | - | - | - | 13.3% | 13.5% | 16.8% | 18.6% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
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CARERATING — Frequently Asked Questions
What is the current share price of CARE Ratings Limited (CARERATING)?
As of 2026-09-08 04:53 IST, CARE Ratings Limited (CARERATING) trades at ₹1,738.20 on NSE. Its 52-week range is ₹1,400.72 to ₹1,785.38.
What is the market capitalisation of CARERATING?
CARE Ratings Limited (CARERATING) has a market capitalisation of ₹5,222.77 Cr on NSE.
What is the P/E ratio of CARERATING?
CARERATING trades at a trailing price-to-earnings (P/E) ratio of 38.04. The industry average P/E is 19.62. Its price-to-book (P/B) ratio is 5.64.
Does CARERATING pay a dividend?
CARE Ratings Limited (CARERATING) currently offers a dividend yield of 1.27%.
What is the return on equity (ROE) of CARERATING?
CARERATING has a return on equity (ROE) of 18.36%. Its return on capital employed (ROCE) is 24.10%.
Is CARERATING a good stock to buy?
This page provides a data-driven analysis of CARE Ratings Limited (CARERATING), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.