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CARE Ratings NSEI:CARERATING Stock Report

Last Price

₹1.00k

Market Cap

₹29.9b

7D

-6.6%

1Y

33.0%

Updated

22 Jul, 2024

Data

Company Financials +

CARE Ratings Limited

NSEI:CARERATING Stock Report

Market Cap: ₹29.9b

CARERATING Stock Overview

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

CARERATING fundamental analysis
Snowflake Score
Valuation1/6
Future Growth2/6
Past Performance3/6
Financial Health6/6
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₹1,001.30
52 Week High₹1,263.95
52 Week Low₹699.70
Beta1.29
11 Month Change-6.63%
3 Month Change-11.05%
1 Year Change32.97%
33 Year Change39.89%
5 Year Change34.22%
Change since IPO7.14%

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-6.6%-2.4%-1.3%
1Y33.0%73.2%43.1%

Return vs Industry: CARERATING underperformed the Indian Capital Markets industry which returned 73.2% over the past year.

Return vs Market: CARERATING underperformed the Indian Market which returned 43.1% over the past year.

Price Volatility

Is CARERATING's price volatile compared to industry and market?
CARERATING volatility
CARERATING Average Weekly Movement4.4%
Capital Markets Industry Average Movement6.6%
Market Average Movement6.4%
10% most volatile stocks in IN Market9.6%
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 (4%) has been stable over the past year.

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₹29.93b
Earnings (TTM)₹1.01b
Revenue (TTM)₹3.32b

29.8x

P/E Ratio

9.0x

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₹3.32b
Cost of Revenue₹1.65b
Gross Profit₹1.67b
Other Expenses₹665.77m
Earnings₹1.01b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)33.63
Gross Margin50.38%
Net Profit Margin30.31%
Debt/Equity Ratio0%

How did CARERATING perform over the long term?

See historical performance and comparison

Dividends

1.8%

Current Dividend Yield

53%

Payout Ratio
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