Valuation CARE Ratings Limited

Stocks

Market Closed - NSE India S.E. 07:05:07 2026-10-23 am EDT			5-day change	1st Jan Change
1,586.30 ^INR	-1.63%		-1.10%	-0.85%

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	47,777	-	-
Change	-	26.16%	75.03%	-0.93%	31.47%	9.77%	-	-
Enterprise Value (EV)	15,133	19,092	33,416	33,105	43,523	47,777	47,777	47,777
Change	-	26.16%	75.03%	-0.93%	31.47%	9.77%	0%	0%
P/E	20.2x	22.8x	33.2x	24.2x	25.5x	23.6x	20.4x	17.7x
PBR	2.34x	2.67x	4.61x	4.07x	4.68x	4.42x	3.86x	3.36x
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	8.62x	7.49x	6.56x
EV / Revenue	0x	0x	0x	0x	0x	8.62x	7.49x	6.56x
EV / EBITDA	0x	0x	0x	0x	0x	20.8x	17.8x	15.5x
EV / EBIT	0x	0x	0x	0x	0x	22.4x	19.1x	16.7x
EV / FCF	0x	0x	0x	0x	0x	21.3x	18.6x	16.2x
FCF Yield	3.24%	3.71%	2.45%	3.27%	3.2%	4.69%	5.39%	6.18%
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%	1.65%	1.8%	2.05%
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	1,586.30	1,586.30	1,586.30
Nbr of stocks (in thousands)	29,647	29,701	29,852	29,932	30,047	30,118	-	-
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	23.61x	-	-	1.65%	503M
S&P GLOBAL, INC.	27.93x	10.01x	19x	0.86%	133B
MOODY'S CORPORATION	29.57x	10.76x	20.27x	0.86%	83.36B
THOMSON REUTERS CORPORATION	32.17x	7.12x	18.17x	2.08%	53.4B
MSCI, INC.	31.09x	14.24x	23.24x	1.3%	44.02B
EXPERIAN PLC	22.91x	4.57x	12.66x	1.85%	36.43B
EQUIFAX INC.	27.93x	3.95x	12.36x	1.23%	21.34B
WOLTERS KLUWER N.V.	17x	3.75x	11.22x	3.06%	22.01B
BROADRIDGE FINANCIAL SOLUTIONS, INC.	19.92x	2.96x	12.18x	2.36%	20.69B
COMPUTERSHARE LIMITED	22.02x	5.18x	12.93x	3.01%	17.46B
Average	25.41x	6.95x	15.78x	1.83%	43.2B
Weighted average by Cap.	27.48x	8.62x	17.74x	1.43%