Valuation CARE Ratings Limited

Stocks

Market Closed - NSE India S.E. Other stock markets 07:05:07 2026-07-24 am EDT			5-day change	1st Jan Change
1,680.00 ^INR	-2.85%		+0.41%	+5.01%

Jul. 01	CARE Ratings Limited Announces Appointment of Sanjay Agarwal as Chief Risk Officer, Effective August 1, 2026	CI
Jun. 04	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	50,483	-	-
Change	-	26.16%	75.03%	-0.93%	31.47%	15.99%	-	-
Enterprise Value (EV)	15,133	19,092	33,416	33,105	43,523	50,483	50,483	50,483
Change	-	26.16%	75.03%	-0.93%	31.47%	15.99%	0%	0%
P/E	20.2x	22.8x	33.2x	24.2x	25.5x	24.8x	21.5x	18.7x
PBR	2.34x	2.67x	4.61x	4.07x	4.68x	4.67x	4.07x	3.55x
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	9.12x	7.92x	6.94x
EV / Revenue	0x	0x	0x	0x	0x	9.12x	7.92x	6.94x
EV / EBITDA	0x	0x	0x	0x	0x	21.9x	18.7x	16.3x
EV / EBIT	0x	0x	0x	0x	0x	23.6x	20.1x	17.5x
EV / FCF	0x	0x	0x	0x	0x	22.4x	19.5x	17.1x
FCF Yield	3.24%	3.71%	2.45%	3.27%	3.2%	4.46%	5.12%	5.86%
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%	1.55%	1.71%	1.95%
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	1,680.00	1,680.00	1,680.00
Nbr of stocks (in thousands)	29,647	29,701	29,852	29,932	30,047	30,049	-	-
Announcement Date	5/29/22	5/11/23	5/9/24	5/12/25	5/13/26	-	-	-

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	25.54x	-	-	1.51%	537M
MOODY'S CORPORATION	29.24x	10.63x	20x	0.88%	82.49B
CRISIL LIMITED	33.95x	-	-	1.91%	3.32B
ICRA LIMITED	24.61x	-	-	1.65%	474M
Average	28.33x	10.63x	20.00x	1.49%	21.71B
Weighted average by Cap.	29.37x	10.63x	20.00x	0.93%