CARE Ratings Future Growth
Future criteria checks 3/6
CARE Ratings is forecast to grow earnings and revenue by 18.8% and 12.8% per annum respectively. EPS is expected to grow by 18.7% per annum. Return on equity is forecast to be 18.6% in 3 years.
Key information
18.8%
Earnings growth rate
18.7%
EPS growth rate
Capital Markets earnings growth | 11.8% |
Revenue growth rate | 12.8% |
Future return on equity | 18.6% |
Analyst coverage | Low |
Last updated | 13 Mar 2024 |
Recent future growth updates
Recent updates
Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
3/31/2026 | 4,251 | 1,489 | 1,518 | N/A | 1 |
3/31/2025 | 3,781 | 1,309 | 1,333 | N/A | 1 |
3/31/2024 | 3,336 | 1,080 | 1,130 | N/A | 1 |
12/31/2023 | 3,190 | 960 | N/A | N/A | N/A |
9/30/2023 | 3,025 | 885 | 749 | 869 | N/A |
6/30/2023 | 2,908 | 877 | N/A | N/A | N/A |
3/31/2023 | 2,790 | 835 | 707 | 822 | N/A |
12/31/2022 | 2,674 | 868 | N/A | N/A | N/A |
9/30/2022 | 2,614 | 854 | 684 | 871 | N/A |
6/30/2022 | 2,530 | 777 | N/A | N/A | N/A |
3/31/2022 | 2,476 | 751 | 490 | 680 | N/A |
12/31/2021 | 2,613 | 783 | N/A | N/A | N/A |
9/30/2021 | 2,608 | 824 | 537 | 638 | N/A |
6/30/2021 | 2,603 | 912 | N/A | N/A | N/A |
3/31/2021 | 2,484 | 895 | 817 | 862 | N/A |
12/31/2020 | 2,348 | 787 | N/A | N/A | N/A |
9/30/2020 | 2,353 | 775 | -723 | -686 | N/A |
6/30/2020 | 2,311 | 785 | N/A | N/A | N/A |
3/31/2020 | 2,436 | 824 | 628 | 674 | N/A |
12/31/2019 | 2,671 | 1,035 | N/A | N/A | N/A |
9/30/2019 | 2,839 | 1,167 | N/A | N/A | N/A |
6/30/2019 | 3,089 | 1,256 | N/A | N/A | N/A |
3/31/2019 | 3,190 | 1,375 | 823 | 1,086 | N/A |
12/31/2018 | 3,285 | 1,431 | N/A | N/A | N/A |
9/30/2018 | 3,335 | 1,500 | N/A | N/A | N/A |
6/30/2018 | 3,297 | 1,526 | N/A | N/A | N/A |
3/31/2018 | 3,327 | 1,624 | 1,314 | 1,338 | N/A |
3/31/2017 | 2,874 | 1,476 | N/A | 1,190 | N/A |
3/31/2016 | 2,796 | 1,196 | N/A | 1,064 | N/A |
3/31/2015 | 2,605 | 1,378 | N/A | 1,072 | N/A |
3/31/2014 | 2,356 | 1,294 | N/A | 1,069 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 534804's forecast earnings growth (18.8% per year) is above the savings rate (6.7%).
Earnings vs Market: 534804's earnings (18.8% per year) are forecast to grow faster than the Indian market (17.7% per year).
High Growth Earnings: 534804's earnings are forecast to grow, but not significantly.
Revenue vs Market: 534804's revenue (12.8% per year) is forecast to grow faster than the Indian market (10% per year).
High Growth Revenue: 534804's revenue (12.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 534804's Return on Equity is forecast to be low in 3 years time (18.6%).