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CARE Ratings NSEI:CARERATING Stock Report

Last Price

₹1.13k

Market Cap

₹33.7b

7D

1.7%

1Y

73.0%

Updated

24 Apr, 2024

Data

Company Financials +

CARE Ratings Limited

NSEI:CARERATING Stock Report

Market Cap: ₹33.7b

CARERATING Stock Overview

CARE Ratings Limited, a credit rating agency, provides various rating and grading services in India, Mauritius, and Nepal.

CARERATING fundamental analysis
Snowflake Score
Valuation1/6
Future Growth3/6
Past Performance2/6
Financial Health5/6
Dividends5/6

CARE Ratings Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for CARE Ratings
Historical stock prices
Current Share Price₹1,129.70
52 Week High₹1,263.95
52 Week Low₹630.00
Beta1.24
1 Month Change0.20%
3 Month Change9.21%
1 Year Change73.04%
3 Year Change118.91%
5 Year Change14.88%
Change since IPO20.88%

Recent News & 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

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
7D1.7%2.9%1.4%
1Y73.0%105.6%46.1%

Return vs Industry: CARERATING underperformed the Indian Capital Markets industry which returned 105.6% over the past year.

Return vs Market: CARERATING exceeded the Indian Market which returned 46.1% over the past year.

Price Volatility

Is CARERATING's price volatile compared to industry and market?
CARERATING volatility
CARERATING Average Weekly Movement5.3%
Capital Markets Industry Average Movement7.1%
Market Average Movement6.8%
10% most volatile stocks in IN Market10.1%
10% least volatile stocks in IN Market4.2%

Stable Share Price: CARERATING has not had significant price volatility in the past 3 months.

Volatility Over Time: CARERATING's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1993517Mehul Pandyawww.careratings.com

CARE Ratings Limited, a credit rating agency, provides various rating and grading services in India, Mauritius, and Nepal. The company provides rating services for bank loan, debt instrument, bonds, non-convertible debentures, preference shares, fixed deposits, and commercial papers; principal protected market linked debentures, subordinate debt, perpetual bonds, and hybrid instruments; structured finance ratings; insurance ratings; infrastructure sector ratings; security receipts ratings; public finance rating services that cover ratings of state government entities and urban infrastructure projects; and real estate and infrastructure investment trusts ratings, as well as corporate governance ratings, project finance, and MLD valuation services. It also offers transaction and corporate advisory, project evaluation and monitoring, ESG assessment and advisory, research and analytics, industry research, and due diligence and grading services, as well as research and analytics to corporates, financial institutions, banks, and institutional investors.

CARE Ratings Limited Fundamentals Summary

How do CARE Ratings's earnings and revenue compare to its market cap?
CARERATING fundamental statistics
Market cap₹33.74b
Earnings (TTM)₹960.43m
Revenue (TTM)₹3.19b

35.1x

P/E Ratio

10.6x

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₹3.19b
Cost of Revenue₹1.59b
Gross Profit₹1.61b
Other Expenses₹644.76m
Earnings₹960.43m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 09, 2024

Earnings per share (EPS)32.16
Gross Margin50.31%
Net Profit Margin30.10%
Debt/Equity Ratio3.0%

How did CARERATING perform over the long term?

See historical performance and comparison

Dividends

1.2%

Current Dividend Yield

43%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.