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CARERATING logo

CARE Ratings NSEI:CARERATING Stock Report

Last Price

₹1.35k

Market Cap

₹40.3b

7D

-1.4%

1Y

43.6%

Updated

21 Dec, 2024

Data

Company Financials +

CARE Ratings Limited

NSEI:CARERATING Stock Report

Market Cap: ₹40.3b

CARERATING Stock Overview

A credit rating agency, provides various rating and related services in India and internationally. More details

CARERATING fundamental analysis
Snowflake Score
Valuation1/6
Future Growth2/6
Past Performance4/6
Financial Health6/6
Dividends4/6

Rewards

Earnings are forecast to grow 17.74% per year

Earnings have grown 1.9% per year over the past 5 years

Risk Analysis

Volatile share price over the past 3 months compared to the Indian market

Unstable dividend track record


My Notes

Capture your thoughts, links and company narrative

CARE Ratings Limited Competitors

ICRA

NSEI:ICRA

₹61.3b

Indian Energy Exchange

NSEI:IEX

₹157.8b

CRISIL

NSEI:CRISIL

₹420.7b

Multi Commodity Exchange of India

NSEI:MCX

₹326.3b

Price History & Performance

Summary of share price highs, lows and changes for CARE Ratings
Historical stock prices
Current Share Price₹1,346.20
52 Week High₹1,571.00
52 Week Low₹921.80
Beta0.96
1 Month Change-1.29%
3 Month Change34.60%
1 Year Change43.60%
3 Year Change129.53%
5 Year Change157.60%
Change since IPO44.05%

Recent News & Updates

Recent updates

CARE Ratings Limited's (NSE:CARERATING) Business Is Yet to Catch Up With Its Share Price

Feb 02
CARE Ratings Limited's (NSE:CARERATING) Business Is Yet to Catch Up With Its Share Price

CARE Ratings Limited (NSE:CARERATING) Just Released Its Third-Quarter Earnings: Here's What Analysts Think

Feb 01
CARE Ratings Limited (NSE:CARERATING) Just Released Its Third-Quarter Earnings: Here's What Analysts Think

CARE Ratings (NSE:CARERATING) Has Announced That It Will Be Increasing Its Dividend To ₹6.00

Aug 21
CARE Ratings (NSE:CARERATING) Has Announced That It Will Be Increasing Its Dividend To ₹6.00

CARE Ratings (NSE:CARERATING) Is Increasing Its Dividend To ₹6.00

Aug 06
CARE Ratings (NSE:CARERATING) Is Increasing Its Dividend To ₹6.00

Read This Before Buying CARE Ratings Limited (NSE:CARERATING) For Its Dividend

Apr 01
Read This Before Buying CARE Ratings Limited (NSE:CARERATING) For Its Dividend

How Much Did CARE Ratings'(NSE:CARERATING) Shareholders Earn From Share Price Movements Over The Last Three Years?

Mar 05
How Much Did CARE Ratings'(NSE:CARERATING) Shareholders Earn From Share Price Movements Over The Last Three Years?

What Kind Of Shareholders Hold The Majority In CARE Ratings Limited's (NSE:CARERATING) Shares?

Feb 05
What Kind Of Shareholders Hold The Majority In CARE Ratings Limited's (NSE:CARERATING) Shares?

Tread With Caution Around CARE Ratings Limited's (NSE:CARERATING) 3.7% Dividend Yield

Jan 01
Tread With Caution Around CARE Ratings Limited's (NSE:CARERATING) 3.7% Dividend Yield

If You Had Bought CARE Ratings' (NSE:CARERATING) Shares Three Years Ago You Would Be Down 63%

Nov 27
If You Had Bought CARE Ratings' (NSE:CARERATING) Shares Three Years Ago You Would Be Down 63%

Shareholder Returns

CARERATINGIN Capital MarketsIN Market
7D-1.4%-3.5%-4.2%
1Y43.6%61.7%19.1%

Return vs Industry: CARERATING underperformed the Indian Capital Markets industry which returned 61.7% over the past year.

Return vs Market: CARERATING exceeded the Indian Market which returned 19.1% over the past year.

Price Volatility

Is CARERATING's price volatile compared to industry and market?
CARERATING volatility
CARERATING Average Weekly Movement8.0%
Capital Markets Industry Average Movement6.9%
Market Average Movement6.2%
10% most volatile stocks in IN Market9.0%
10% least volatile stocks in IN Market4.1%

Stable Share Price: CARERATING's share price has been volatile over the past 3 months compared to the Indian market.

Volatility Over Time: CARERATING's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

FoundedEmployeesCEOWebsite
1993563Mehul Pandyawww.careratings.com

CARE Ratings Limited, a credit rating agency, provides various rating and related services in India and internationally. The company provides rating services for bank loan, debt instrument, bonds, long term instruments, non-convertible debentures, preference shares, fixed deposits, short term instruments and NCDs, and commercial papers; principal protected market linked debentures, subordinate debt, CDs for banks, perpetual bonds, mutual funds, and hybrid instruments; structured finance ratings; insurance ratings; recovery ratings; ratings of REITs; infra EL; public finance; and monitoring agency for IPOs. 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 Fundamentals Summary

How do CARE Ratings's earnings and revenue compare to its market cap?
CARERATING fundamental statistics
Market cap₹40.26b
Earnings (TTM)₹1.14b
Revenue (TTM)₹3.65b

35.2x

P/E Ratio

11.0x

P/S Ratio

Is CARERATING overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CARERATING income statement (TTM)
Revenue₹3.65b
Cost of Revenue₹1.77b
Gross Profit₹1.88b
Other Expenses₹735.27m
Earnings₹1.14b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)38.24
Gross Margin51.46%
Net Profit Margin31.32%
Debt/Equity Ratio0%

How did CARERATING perform over the long term?

See historical performance and comparison

Dividends

1.3%

Current Dividend Yield

47%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 23:34
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

CARE Ratings Limited is covered by 8 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Pankaj KaduAxis Capital Limited
null nullBatlivala & Karani Securities India Pvt. Ltd.
Gaurav JaniCentrum Broking Limited