CARE Ratings Ltd
CARERATINGCARE Ratings Ltd
CARERATING
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 28.98 | 4.14 | 1.79% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 18.65 | 2.60 | 0.76% |
Forecast & Ratings
Detailed Forecast from 1 analyst
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Credit Analysis and Research Limited is a credit rating agency. The Company's segments include Ratings and related services, and Others.
Peers
Compare with peersBSE Ltd
CRISIL Ltd
Central Depository Services (India) Ltd
Multi Commodity Exchange of India Ltd
ICRA Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
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Revenue Forecast
All values in ₹ cr.
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Earnings Per Share Forecast
All values in ₹
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Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 288.06 | 321.10 | 358.15 | 349.36 | 275.11 | 279.74 | 274.82 | 316.93 | 378.37 | 391.22 | ||||||||||
Raw Materials | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 228.06 | ||||||||||
| Power & Fuel Cost | 1.32 | 1.18 | 1.23 | 1.25 | 1.33 | 0.94 | 0.81 | 1.15 | 1.17 | |||||||||||
| Employee Cost | 75.63 | 72.60 | 88.91 | 102.81 | 109.27 | 119.86 | 126.41 | 133.94 | 164.58 | |||||||||||
| Selling & Administrative Expenses | 21.40 | 20.75 | 25.19 | 26.70 | 28.57 | 22.26 | 28.39 | 32.00 | 37.38 | |||||||||||
| Operating & Other expenses | 7.14 | 10.69 | 6.59 | 13.54 | 23.15 | 9.61 | 12.41 | 12.56 | 16.42 | |||||||||||
EBITDA | 182.57 | 215.88 | 236.23 | 205.06 | 112.79 | 127.07 | 106.80 | 137.28 | 158.82 | 163.16 | ||||||||||
| Depreciation/Amortization | 4.17 | 3.39 | 3.15 | 3.33 | 7.77 | 7.80 | 7.71 | 10.53 | 10.48 | 10.70 | ||||||||||
| PBIT | 178.40 | 212.49 | 233.08 | 201.73 | 105.02 | 119.27 | 99.09 | 126.75 | 148.34 | 152.46 | ||||||||||
| Interest & Other Items | 0.00 | 0.00 | 0.00 | 0.00 | 0.93 | 0.62 | 0.46 | 1.00 | 1.71 | 1.80 | ||||||||||
| PBT | 178.40 | 212.49 | 233.08 | 201.73 | 104.09 | 118.65 | 98.63 | 125.75 | 146.63 | 150.66 | ||||||||||
| Taxes & Other Items | 58.79 | 64.84 | 70.67 | 64.26 | 21.72 | 29.13 | 23.52 | 42.22 | 46.11 | 47.20 | ||||||||||
| Net Income | 119.61 | 147.65 | 162.41 | 137.47 | 82.37 | 89.52 | 75.11 | 83.53 | 100.52 | 103.46 | ||||||||||
| EPS | 40.96 | 50.18 | 55.14 | 46.66 | 27.96 | 30.39 | 25.41 | 28.15 | 33.76 | 34.66 | ||||||||||
| DPS | 28.00 | 28.00 | 55.00 | 30.00 | 19.50 | 17.00 | 17.00 | 25.00 | 18.00 | 33.00 | ||||||||||
| Payout ratio | 0.68 | 0.56 | 1.00 | 0.64 | 0.70 | 0.56 | 0.67 | 0.89 | 0.53 | 0.95 |
Company Updates
Peers & Comparison
FinancialsStock Exchanges & Ratings
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| CARE Ratings Ltd | 29.82 | 4.14 | 1.79% |
| BSE Ltd | 67.11 | 15.12 | 0.39% |
| CRISIL Ltd | 51.58 | 15.51 | 1.16% |
| Central Depository Services (India) Ltd | 71.64 | 19.92 | 0.77% |
Price Comparison
Compare CARERATING with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding CARE Ratings Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
Nippon India Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 5.2290% | Percentage of the fund’s portfolio invested in the stock 0.26% | Change in the portfolio weight of the stock over the last 3 months -0.05% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 122/231 (+19) |
Nippon India Multi Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 2.9614% | Percentage of the fund’s portfolio invested in the stock 0.23% | Change in the portfolio weight of the stock over the last 3 months -0.04% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 108/118 (-8) |
Mirae Asset Multicap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.2434% | Percentage of the fund’s portfolio invested in the stock 1.10% | Change in the portfolio weight of the stock over the last 3 months -0.21% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 63/95 (-8) |
Compare 3-month MF holding change on Screener
Hmm, looks like there hasn't been any net deal activity in the last 6 monthssmallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
Dividend Yield
Current dividend yield is 1.79%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹17.92 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateJun 21, 2024
Dividend/Share
₹11.00
Ex DateEx Date
Jun 21, 2024
Cash Dividend
Ex DateEx DateNov 10, 2023
Dividend/Share
₹7.00
Ex DateEx Date
Nov 10, 2023
Cash Dividend
Ex DateEx DateJul 7, 2023
Dividend/Share
₹8.00
Ex DateEx Date
Jul 7, 2023
Cash Dividend
Ex DateEx DateJul 7, 2023
Dividend/Share
₹7.00
Ex DateEx Date
Jul 7, 2023
Cash Dividend
Ex DateEx DateFeb 10, 2023
Dividend/Share
₹10.00
Ex DateEx Date
Feb 10, 2023
Net profit of CARE Ratings rose 16.40% to Rs 20.73 crore in the quarter ended June 2024 as against Rs 17.81 crore during the previous quarter ended June 2023. Sales rose 18.82% to Rs 78.92 crore in the quarter ended June 2024 as against Rs 66.42 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales78.9266.42 19 OPM %27.6526.86 - PBDT33.2328.99 15 PBT30.4326.41 15 NP20.7317.81 16 Powered by Capital Market - Live
Tide turns: Deposit inflows outpace credit offtake
CARE Ratings will hold a meeting of the Board of Directors of the Company on 7 August 2024.Powered by Capital Market - Live
Deposits see higher inflows compared to credit offtake in June 28 fortnight: CARE Ratings
Commercial vehicle sales volumes may degrow by 3-6% in FY25: CARE Ratings
Zee Media edges lower after CARE Ratings downgrades credit rating with ‘negative’ outlook
RBI’s bumper payout to limit big ticket divestment; govt to maintain Rs 50k cr target: Report
Laurus Labs edges lower after CARE Ratings downgrades rating outlook to ‘negative’
CARE Ratings revises Primo Chemicals rating outlook to ‘negative’
A+ for APSEZ! Adani Ports secures ‘AAA’ credit rating by CARE Ratings
Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 1.61%, vs industry avg of 17.42%
Decreasing Market Share
Over the last 5 years, market share decreased from 8.97% to 8.1%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of -6.07%, vs industry avg of 16.9%