CARE Ratings Limited

NSEI:CARERATING Stock Report

Market Cap: ₹42.3b

CARE Ratings Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Mehul Pandya

Chief executive officer

₹35.9m

Total compensation

CEO salary percentage53.6%
CEO tenure2.6yrs
CEO ownershipn/a
Management average tenure2.6yrs
Board average tenure2.6yrs

Recent management 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%

CEO Compensation Analysis

How has Mehul Pandya's remuneration changed compared to CARE Ratings's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹1b

Jun 30 2024n/an/a

₹1b

Mar 31 2024₹36m₹19m

₹1b

Dec 31 2023n/an/a

₹960m

Sep 30 2023n/an/a

₹885m

Jun 30 2023n/an/a

₹877m

Mar 31 2023₹27m₹12m

₹835m

Dec 31 2022n/an/a

₹868m

Sep 30 2022n/an/a

₹854m

Jun 30 2022n/an/a

₹777m

Mar 31 2022₹17mn/a

₹751m

Dec 31 2021n/an/a

₹783m

Sep 30 2021n/an/a

₹824m

Jun 30 2021n/an/a

₹912m

Mar 31 2021₹13mn/a

₹895m

Dec 31 2020n/an/a

₹787m

Sep 30 2020n/an/a

₹775m

Jun 30 2020n/an/a

₹785m

Mar 31 2020₹10m₹9m

₹824m

Dec 31 2019n/an/a

₹1b

Sep 30 2019n/an/a

₹1b

Jun 30 2019n/an/a

₹1b

Mar 31 2019₹9m₹9m

₹1b

Dec 31 2018n/an/a

₹1b

Sep 30 2018n/an/a

₹2b

Jun 30 2018n/an/a

₹2b

Mar 31 2018₹9m₹7m

₹2b

Compensation vs Market: Mehul's total compensation ($USD418.29K) is above average for companies of similar size in the Indian market ($USD257.71K).

Compensation vs Earnings: Mehul's compensation has increased by more than 20% in the past year.

CEO

Mehul Pandya (52 yo)

2.6yrs

Tenure

₹35,864,978

Compensation

Mr. Mehul Harshadray Pandya serves as Managing Director & Chief Executive Officer of CARE Ratings Limited since August 2022. He serves as Group Chief Executive Officer of CARE Ratings Limited since March 1...

Leadership Team

NamePositionTenureCompensationOwnership
Mehul Pandya
MD, Group CEO & Director2.6yrs₹35.86mno data
Jinesh Shah
Chief Financial Officer3.6yrs₹5.72mno data
Nadir Bhalwani
Chief Information & Technology Officer2.6yrsno datano data
C V Kumar
Company Secretary & Compliance Officerless than a yearno datano data
Mradul Mishra
Head of Corporate Communicationsno datano datano data
Aniruddha Sen
Chief Human Resources Officer2.6yrsno datano data
Sachin Gupta
Executive Director & Chief Ratings Officer3.8yrsno datano data
Rajani Sinha
Chief Economist2.8yrsno datano data
Smita Rajpurkar
Head of Criteria & Quality Control Team1.5yrsno datano data
Swati Jain
Co-CEO of Advisory CARE Analytics and Advisory Pvt. Ltd.no data₹3.07mno data
Saurav Chatterjee
CEO and Director of CARE Ratings Africa P Ltd2.6yrsno datano data
Rohit Inamdar
Chief Executive Officer of CARE ESG Ratings Ltdno datano datano data

2.6yrs

Average Tenure

Experienced Management: CARERATING's management team is considered experienced (2.6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Mehul Pandya
MD, Group CEO & Director2.5yrs₹35.86mno data
Saurav Chatterjee
CEO and Director of CARE Ratings Africa P Ltd2.6yrsno datano data
Manoj Chugh
Non-Executive Independent Directorless than a yearno datano data
Sonal Desai
Non-Executive Independent Director5.8yrs₹2.62mno data
Gurumoorthy Mahalingam
Non-executive Independent Director2.2yrs₹2.82mno data
Thiru Chandrasekaran
Non-Executive Independent Director7.2yrs₹2.92mno data
Najib Shah
Non-Executive Independent Chairman5.5yrs₹4.34mno data
Madasamy Mathisekaran
Non-Executive Independent Director5.4yrs₹2.52mno data
Sobhag Jain
Non-Executive & Non-Independent Director2yrs₹2.52mno data

2.6yrs

Average Tenure

67yo

Average Age

Experienced Board: CARERATING's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/03 12:19
End of Day Share Price 2025/01/03 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