Valuation CARE Ratings Limited

Stocks

Market Closed - NSE India S.E. Other stock markets 09:05:07 19/06/26 pm AEST			5-day change	1st Jan Change
1,713.30 ^INR	+4.29%		+5.37%	+7.09%

05/06	Madras High Court Lifts Injunction Order Against CARE Ratings' Asset Transfer	MT
15/05	CARE Ratings Limited, Q4 2026 Earnings Call, May 14, 2026

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	51,483	-	-
Change	-	26.16%	75.03%	-0.93%	31.47%	18.29%	-	-
Enterprise Value (EV)	15,133	19,092	33,416	33,105	43,523	51,483	51,483	51,483
Change	-	26.16%	75.03%	-0.93%	31.47%	18.29%	0%	0%
P/E	20.2x	22.8x	33.2x	24.2x	25.5x	25.3x	21.9x	19.1x
PBR	2.34x	2.67x	4.61x	4.07x	4.68x	4.77x	4.15x	3.62x
PEG	-	2x	1.7x	0.7x	1x	1.3x	1.4x	1.3x
Capitalization / Revenue	6.11x	6.68x	10.1x	8.23x	9.2x	9.3x	8.08x	7.08x
EV / Revenue	0x	0x	0x	0x	0x	9.3x	8.08x	7.08x
EV / EBITDA	0x	0x	0x	0x	0x	22.3x	19.1x	16.6x
EV / EBIT	0x	0x	0x	0x	0x	24x	20.5x	17.9x
EV / FCF	0x	0x	0x	0x	0x	22.9x	19.9x	17.4x
FCF Yield	3.24%	3.71%	2.45%	3.27%	3.2%	4.38%	5.02%	5.75%
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%	1.52%	1.68%	1.91%
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	1,713.30	1,713.30	1,713.30
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 (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
CARE RATINGS LIMITED	25.31x	-	-	1.52%	546M
MOODY'S CORPORATION	28.71x	10.19x	19.42x	0.93%	78.72B
CRISIL LIMITED	31.94x	-	-	1.88%	3.2B
ICRA LIMITED	27.43x	-	-	1.48%	543M
Average	28.35x	10.19x	19.42x	1.46%	20.75B
Weighted average by Cap.	28.80x	10.19x	19.42x	0.98%