Valuation CARE Ratings Limited

Stocks

Market Closed - NSE India S.E. 19:05:07 10/09/2026 HKT			5-day change	1st Jan Change
1,693.00 ^INR	-1.83%		+0.59%	+5.82%

09-02	Ind-Swift Laboratories Ltd. Approves the Appointment of M/S. Care Ratings Limited as the Monitoring Agency	CI
08-08	CARE Ratings Limited Reports Earnings Results for the First Quarter Ended June 30, 2026	CI

Data adjusted to current consolidation scope

Fiscal Period: March	2022	2023	2024	2025	2026	2027	2028	2029
Market Cap ¹	15,133	19,092	33,416	33,105	43,523	50,873	-	-
Change	-	26.16%	75.03%	-0.93%	31.47%	16.89%	-	-
Enterprise Value (EV)	15,133	19,092	33,416	33,105	43,523	50,873	50,873	50,873
Change	-	26.16%	75.03%	-0.93%	31.47%	16.89%	0%	0%
P/E	20.2x	22.8x	33.2x	24.2x	25.5x	25.2x	21.7x	18.9x
PBR	2.34x	2.67x	4.61x	4.07x	4.68x	4.72x	4.12x	3.59x
PEG	-	2x	1.7x	0.7x	1x	1.4x	1.4x	1.3x
Capitalization / Revenue	6.11x	6.68x	10.1x	8.23x	9.2x	9.17x	7.98x	6.99x
EV / Revenue	0x	0x	0x	0x	0x	9.17x	7.98x	6.99x
EV / EBITDA	0x	0x	0x	0x	0x	22.1x	18.9x	16.5x
EV / EBIT	0x	0x	0x	0x	0x	23.8x	20.3x	17.7x
EV / FCF	0x	0x	0x	0x	0x	22.7x	19.8x	17.2x
FCF Yield	3.24%	3.71%	2.45%	3.27%	3.2%	4.41%	5.06%	5.8%
Dividend per Share ²	17	17	17	18	14	26.1	28.5	32.5
Rate of return	3.33%	2.64%	1.52%	1.63%	0.97%	1.54%	1.68%	1.92%
EPS ²	25.31	28.17	33.67	45.69	56.83	67.2	77.9	89.5
Distribution rate	67.2%	60.3%	50.5%	39.4%	24.6%	38.8%	36.6%	36.3%
Net sales ¹	2,476	2,859	3,317	4,023	4,731	5,545	6,378	7,281
EBITDA ¹	798.2	993.4	1,121	1,553	1,974	2,300	2,691	3,092
EBIT ¹	721.2	945.2	1,017	1,436	1,830	2,136	2,501	2,869
Net income ¹	751.1	835.3	1,005	1,372	1,712	2,021	2,341	2,689
Net Debt	-	-	-	-	-	-	-	-
Reference price ²	510.45	642.80	1,119.40	1,106.00	1,448.50	1,693.00	1,693.00	1,693.00
Nbr of stocks (in thousands)	29,647	29,701	29,852	29,932	30,047	30,049	-	-
Announcement Date	29/5/22	11/5/23	9/5/24	12/5/25	13/5/26	-	-	-

¹INR in Million²INR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
CARE RATINGS LIMITED	25.66x	-	-	1.51%	545M
MOODY'S CORPORATION	29.22x	10.55x	19.79x	0.88%	82.19B
CRISIL LIMITED	36.66x	-	-	1.61%	3.6B
ICRA LIMITED	21.2x	-	-	2.78%	483M
Average	28.18x	10.55x	19.79x	1.7%	21.7B
Weighted average by Cap.	29.46x	10.55x	19.79x	0.92%