Valuation CARE Ratings Limited

Stocks

Market Closed - NSE India S.E. 07:05:07 2026-09-11 am EDT			5-day change	1st Jan Change
1,650.50 ^INR	-2.51%		-5.05%	+3.16%

Sep. 02	Ind-Swift Laboratories Ltd. Approves the Appointment of M/S. Care Ratings Limited as the Monitoring Agency	CI
Aug. 07	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	49,596	-	-
Change	-	26.16%	75.03%	-0.93%	31.47%	13.95%	-	-
Enterprise Value (EV)	15,133	19,092	33,416	33,105	43,523	49,596	49,596	49,596
Change	-	26.16%	75.03%	-0.93%	31.47%	13.95%	0%	0%
P/E	20.2x	22.8x	33.2x	24.2x	25.5x	24.6x	21.2x	18.4x
PBR	2.34x	2.67x	4.61x	4.07x	4.68x	4.6x	4.01x	3.5x
PEG	-	2x	1.7x	0.7x	1x	1.3x	1.3x	1.2x
Capitalization / Revenue	6.11x	6.68x	10.1x	8.23x	9.2x	8.94x	7.78x	6.81x
EV / Revenue	0x	0x	0x	0x	0x	8.94x	7.78x	6.81x
EV / EBITDA	0x	0x	0x	0x	0x	21.6x	18.4x	16x
EV / EBIT	0x	0x	0x	0x	0x	23.2x	19.8x	17.3x
EV / FCF	0x	0x	0x	0x	0x	22.1x	19.3x	16.8x
FCF Yield	3.24%	3.71%	2.45%	3.27%	3.2%	4.52%	5.19%	5.95%
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%	1.58%	1.73%	1.97%
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	1,650.50	1,650.50	1,650.50
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 (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
CARE RATINGS LIMITED	25.19x	-	-	1.54%	532M
MOODY'S CORPORATION	28.77x	10.4x	19.51x	0.89%	80.94B
CRISIL LIMITED	36.9x	-	-	1.6%	3.61B
ICRA LIMITED	20.98x	-	-	2.81%	476M
Average	27.96x	10.40x	19.51x	1.71%	21.39B
Weighted average by Cap.	29.05x	10.40x	19.51x	0.94%