CARE Ratings Ltd (CARERATING)
₹1021.7▲0.54%
Analyst Rating
based on 1 analysts
100.00%
Buy
0.00%
Hold
0.00%
Sell
Based on 1 analysts offering long term price targets for CARE Ratings Ltd. An average target of ₹1314
Source: S&P Global Market Intelligence
CARE Ratings Ltd Share analysis
Source: S&P Global Market Intelligence
Performance
Day's Low
Day's High
₹1,001.9₹1,034.952 Week's Low
52 Week's High
₹699.7₹1,263.95
| Returns % | |
| 1 Month Return | -4.39 % |
| 3 Month Return | -10.04 % |
| 1 Year Return | + 34.95 % |
| Market Stats | |
| Previous Close | ₹1,016.25 |
| Open | ₹1,034.90 |
| Volume | 55.16K |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹3,036.28Cr |
Key Statistics
| P/E Ratio | 30.08 |
| PEG Ratio | 5.35 |
| Market Cap | ₹3,036.28 Cr |
| P/B Ratio | 4.39 |
| EPS | 28.34 |
Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹3,036.28 Cr | 5.1% | 0.52 | ₹102 Cr | ₹331 Cr |
 | BUY | ₹5,566.64 Cr | 16.04% | 0.51 | ₹152 Cr | ₹446 Cr |
 | ₹31,218.76 Cr | 42.16% | 0.53 | ₹658 Cr | ₹3,139 Cr |
Mutual Fund Holdings
Company Information
The company operates in three main lines of business - credit rating, research and risk assessment & analysis. CARE Ratings's credit ratings cover various instruments such as debt instruments, bank loans, structured finance, corporate debt, project finance and public finance. Its research services include credit analysis, industry research, macroeconomic research and sector research. The risk assessment & analysis services include credit risk management, counterparty risk assessment, financial risk management and enterprise risk management.
Share Price: ₹1021.70 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹3,036.28Cr as of today
Revenue: ₹90.15Cr as on March 2024 (Q1 24)
Net Profit: ₹24.55Cr as on March 2024 (Q1 24)
Listing date: 26 Dec, 2012
Chairperson Name: Najib Shah
| Organisation | CARE Ratings Ltd |
| Headquarters | Mumbai |
| Industry | Credit Rating Agencies |
| E-voting on shares | Click here to vote |
Key events for CARE Ratings Ltd
CARE Ratings Reports Strong Financial Performance - 21 Jun, 2024
CARE Ratings Limited has reported a net profit margin of 27% and a total revenue growth of 19% from FY23 to FY24. Life Insurance Corporation of India holds a 9.61% stake in the company, which delivered a return of 58% in a year.
Insights on CARE Ratings Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTRetail Holding Up
Retail Investor have increased holdings from 50.20% to 50.48% in Jun 2024 quarter
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 2 quarters, 23.46 Cr → 24.08 Cr (in ₹), with an average increase of 2.6% per quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 2 quarters, 92.36 Cr → 100.44 Cr (in ₹), with an average increase of 8.0% per quarter
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 22.91% to 23.37% in Jun 2024 quarter
- POSITIVE IMPACT
Best in 1 Year
In the last 1 year, CARERATING has outperformed top 5 stocks with highest market-cap in Professional Information Services
NO EFFECTAgainst Peers
In the last 3 years, ICRA Ltd has given 52.5% return, outperforming this stock by 10.5%
NEGATIVE IMPACTMF Holding Down
Mutual Funds have decreased holdings from 12.08% to 11.36% in Jun 2024 quarter
- NEGATIVE IMPACT
Price Dip
In the last 3 months, CARERATING stock has moved down by -10.0%
Company Financials
| Q'1 24 | Q/Q Change | |
|---|---|---|
Revenue | ₹90.15Cr | ↑14.58% |
Net Income | ₹24.55Cr | ↑2.63% |
Net Profit Margin | 27.23% | ↓10.43% |
| 2024 | Y/Y Change | |
|---|---|---|
Revenue | ₹331.68Cr | ↑18.89% |
Net Income | ₹102.56Cr | ↑20.01% |
Net Profit Margin | 30.92% | ↑0.95% |
| 2024 | Y/Y Change | |
|---|---|---|
Total Assets | ₹859.23Cr | ↑11.05% |
Total Liabilities | ₹99.98Cr | ↑26.80% |
| 2024 | Y/Y Change | |
|---|---|---|
Operating Cash Flow | ₹107.35Cr | ↑13.59% |
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 0% | 0.00 | |
| Foreign Institutions | 23.37% | 2.02 | |
| Mutual Funds | 11.36% | ||
| Retail Investors | 50.48% | 0.55 | |
| Others | 14.79% |
Key Indicators
CARE Ratings Ltd Valuation
CARE Ratings Ltd in the last 5 years
Lowest (7.61x)
March 23, 2020
Today (30.08x)
July 23, 2024
Industry (44.54x)
July 23, 2024
Highest (36.65x)
February 28, 2024
Earnings and Dividends
CARE Ratings Ltd Earnings Results
CARE Ratings Ltd’s net profit jumped 22.86% since last year same period to ₹24.08Cr in the Q4 2023-2024. On a quarterly growth basis, CARE Ratings Ltd has generated 2.64% jump in its net profits since last 3-months.
Read More about Earnings ResultsCARE Ratings Ltd Dividends May,2024
In the quarter ending March 2024, CARE Ratings Ltd has declared dividend of ₹11 - translating a dividend yield of 3.25%.
Read More about Dividends
Technicals Summary
Bearish
Neutral
Bullish
CARE Ratings Ltd is currently in a Bearish trading position according to technical analysis indicators.
Frequently Asked Questions
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CARE Ratings Ltd (CARERATING) share price today is ₹1021.7
CARE Ratings Ltd is listed on NSE
CARE Ratings Ltd is listed on BSE
- Today’s highest price of CARE Ratings Ltd is ₹1034.9.
- Today’s lowest price of CARE Ratings Ltd is ₹1001.9.
PE Ratio of CARE Ratings Ltd is 30.08
PE ratio = CARE Ratings Ltd Market price per share / CARE Ratings Ltd Earnings per share
Today’s traded volume of CARE Ratings Ltd(CARERATING) is 55.16K.
Today’s market capitalisation of CARE Ratings Ltd(CARERATING) is ₹3036.28Cr.
| CARE Ratings Ltd(CARERATING | Price |
|---|---|
52 Week High | ₹1263.95 |
52 Week Low | ₹699.7 |
CARE Ratings Ltd(CARERATING) share price is ₹1021.7. It is down -19.17% from its 52 Week High price of ₹1263.95
CARE Ratings Ltd(CARERATING) share price is ₹1021.7. It is up 46.02% from its 52 Week Low price of ₹699.7
| CARE Ratings Ltd(CARERATING | Returns |
|---|---|
1 Day Returns | 5.45% |
1 Month Returns | -4.39% |
3 Month Returns | -10.04% |
1 Year Returns | 34.95% |