Valuation CARE Ratings Limited

Stocks

Market Closed - NSE India S.E. Other stock markets 19:05:07 07/07/2026 HKT			5-day change	1st Jan Change
1,648.60 ^INR	-1.56%		-1.41%	+3.04%

07-01	CARE Ratings Limited Announces Appointment of Sanjay Agarwal as Chief Risk Officer, Effective August 1, 2026	CI
06-05	Madras High Court Lifts Injunction Order Against CARE Ratings' Asset Transfer	MT

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	49,539	-	-
Change	-	26.16%	75.03%	-0.93%	31.47%	13.82%	-	-
Enterprise Value (EV)	15,133	19,092	33,416	33,105	43,523	49,539	49,539	49,539
Change	-	26.16%	75.03%	-0.93%	31.47%	13.82%	0%	0%
P/E	20.2x	22.8x	33.2x	24.2x	25.5x	24.4x	21.1x	18.4x
PBR	2.34x	2.67x	4.61x	4.07x	4.68x	4.59x	4x	3.48x
PEG	-	2x	1.7x	0.7x	1x	1.3x	1.4x	1.2x
Capitalization / Revenue	6.11x	6.68x	10.1x	8.23x	9.2x	8.95x	7.77x	6.81x
EV / Revenue	0x	0x	0x	0x	0x	8.95x	7.77x	6.81x
EV / EBITDA	0x	0x	0x	0x	0x	21.5x	18.3x	16x
EV / EBIT	0x	0x	0x	0x	0x	23.1x	19.7x	17.2x
EV / FCF	0x	0x	0x	0x	0x	22x	19.2x	16.7x
FCF Yield	3.24%	3.71%	2.45%	3.27%	3.2%	4.55%	5.21%	5.97%
Dividend per Share ²	17	17	17	18	14	26.1	28.7	32.7
Rate of return	3.33%	2.64%	1.52%	1.63%	0.97%	1.58%	1.74%	1.98%
EPS ²	25.31	28.17	33.67	45.69	56.83	67.7	78.2	89.8
Distribution rate	67.2%	60.3%	50.5%	39.4%	24.6%	38.6%	36.7%	36.4%
Net sales ¹	2,476	2,859	3,317	4,023	4,731	5,535	6,375	7,276
EBITDA ¹	798.2	993.4	1,121	1,553	1,974	2,306	2,701	3,102
EBIT ¹	721.2	945.2	1,017	1,436	1,830	2,142	2,510	2,877
Net income ¹	751.1	835.3	1,005	1,372	1,712	2,032	2,347	2,695
Net Debt	-	-	-	-	-	-	-	-
Reference price ²	510.45	642.80	1,119.40	1,106.00	1,448.50	1,648.60	1,648.60	1,648.60
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	24.74x	-	-	1.56%	528M
MOODY'S CORPORATION	31.77x	11.21x	21.37x	0.84%	87.13B
CRISIL LIMITED	30.68x	-	-	1.96%	3.04B
ICRA LIMITED	27.16x	-	-	1.5%	531M
Average	28.59x	11.21x	21.37x	1.46%	22.81B
Weighted average by Cap.	31.67x	11.21x	21.37x	0.89%