CARE Ratings Ltd 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 ₹1744
Source: S&P Global Market Intelligence
CARE Ratings Ltd Share analysis
CARE Ratings Ltd price forecast by 1 analysts
Upside of29.67%
High
₹1744
Target
₹1744.00
Low
₹1744
CARE Ratings Ltd target price ₹1744, a slight upside of 29.67% compared to current price of ₹1363.85. According to 1 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
CARE Ratings Ltd revenue growth forecast
Expected growth rate Q1, FY2026:39.11%
Forecast
Actual
Including amortisation and stock based compensations
CARE Ratings Ltd EPS growth forecast
EPS estimate Q1, FY2026:56.22%
Forecast
Actual
Source: S&P Global Market Intelligence
CARE Ratings Ltd Performance
Day's Low
Day's High
₹1,316.15₹1,374.852 Week's Low
52 Week's High
₹853.65₹1,571
| Returns % | |
| 1 Month Return | + 10.78 % |
| 3 Month Return | + 35.13 % |
| 1 Year Return | + 49.63 % |
| Market Stats | |
| Previous Close | ₹1,345.00 |
| Open | ₹1,344.90 |
| Volume | 68.59K |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹4,022.73Cr |
CARE Ratings Ltd Key Statistics
| P/E Ratio | 35.12 |
| PEG Ratio | 4.14 |
| Market Cap | ₹4,022.73 Cr |
| P/B Ratio | 4.39 |
| EPS | 34.36 |
| Dividend Yield | 1.61 |
| Sector | Credit Rating Agencies |
| ROE | 16.43 |
CARE Ratings Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹4,022.73 Cr | 36.46% | 0.52 | ₹102 Cr | ₹331 Cr | |
| HOLD | ₹5,967.26 Cr | 25.91% | 0.51 | ₹152 Cr | ₹446 Cr |
CARE Ratings Ltd Mutual Fund Holdings
About CARE Ratings Ltd
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: ₹1363.85 per share as on 21 Nov, 2024 04:01 PM
Market Capitalisation: ₹4,022.73Cr as of today
Revenue: ₹117.37Cr as on September 2024 (Q3 24)
Net Profit: ₹46.88Cr as on September 2024 (Q3 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 Q2 Performance - 12 Nov, 2024
CARE Ratings Ltd reported a 31% year-on-year increase in profit after tax for Q2, reaching Rs 461 million. The company exceeded revenue expectations, with consolidated revenue and EBITDA rising by 22% and 33%, respectively. The board declared an interim dividend of Rs 7 per share, with a payout ratio of approximately 28%. The brokerage maintains a Buy rating with a target price of ₹1,744.
CARE Ratings Plans Growth in Non-Rating Business - 11 Nov, 2024
CARE Ratings Ltd aims to increase its non-rating business share to 20% over three years, up from 10%. The non-rating segment contributed 9.5% to revenue, while overall revenues rose 21% YoY to Rs 196.29 crore.
CARE Ratings Shows Strong Bullish Momentum - 31 Oct, 2024
Despite a weak broader market, CARE Ratings stock demonstrates strong relative strength, breaking out of a base with high buying interest. Analysts recommend buying on declines within the Rs 1,380-1,320 range, targeting Rs 1,660.
CARE Ratings Reports Strong Q3 Performance - 25 Oct, 2024
CARE Ratings reported a 19.27% increase in net sales to Rs 101.51 crore for September 2024, with net profit rising 21.8% to Rs 49.64 crore. EPS increased to Rs 16.60. The stock has delivered 24.55% returns over the last 6 months and 56.39% over the last year.
CARE Ratings Hits Upper Circuit on Strong Q2 Results - 24 Oct, 2024
CARE Ratings shares surged 20% to a 52-week high after reporting a 31% YoY increase in consolidated profit and a 22% rise in revenue for Q2 FY25. The company also declared an interim dividend and announced global expansion plans, enhancing investor confidence.
CARE Ratings Overview and Financial Performance - 17 Oct, 2024
CARE Ratings, a leading credit rating agency in India, serves over 4,500 clients and generates 94% of its revenue from ratings. The company has shown steady growth with EBITDA and net profit increasing at CAGRs of 7.1% and 4.2%, respectively. It offers advisory and research services, with a market cap of Rs 37.5 billion and a dividend yield of 3.8%.
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 IMPACTFII Holding Up
Foreign Institutions have increased holdings from 23.37% to 24.80% in Sep 2024 quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 2 quarters, 90.79 Cr → 129.23 Cr (in ₹), with an average increase of 29.8% per quarter
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 2 quarters, 20.73 Cr → 46.09 Cr (in ₹), with an average increase of 55.0% per 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, Informed Technologies India Ltd has given 236.6% return, outperforming this stock by 123.2%
NEGATIVE IMPACTMF Holding Down
Mutual Funds have decreased holdings from 11.36% to 10.64% in Sep 2024 quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 50.48% to 49.93% in Sep 2024 quarter
- NEGATIVE IMPACT
Price Dip
In the last 7 days, CARERATING stock has moved down by -5.7%
CARE Ratings Ltd Financials
Index Inclusions
CARE Ratings Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 0% | 0.00 | |
| Foreign Institutions | 24.8% | 6.09 | |
| Mutual Funds | 10.64% | ||
| Retail Investors | 49.93% | ||
| Others | 14.64% |
CARE Ratings Ltd Key Indicators
CARE Ratings Ltd Valuation
CARE Ratings Ltd in the last 5 years
Lowest (7.61x)
March 23, 2020
Today (35.12x)
November 19, 2024
Industry (54.52x)
November 19, 2024
Highest (39.77x)
November 7, 2024
CARE Ratings Ltd Earnings and Dividends
CARE Ratings Ltd Earnings Results
CARE Ratings Ltd’s net profit jumped 31.05% since last year same period to ₹46.09Cr in the Q2 2024-2025. On a quarterly growth basis, CARE Ratings Ltd has generated 122.33% jump in its net profits since last 3-months.
Read More about Earnings ResultsCARE Ratings Ltd Dividends October,2024
In the quarter ending September 2024, CARE Ratings Ltd has declared dividend of ₹7 - translating a dividend yield of 1.86%.
Read More about Dividends
CARE Ratings Ltd Technicals Summary
Bearish
Neutral
Bullish
CARE Ratings Ltd is currently in a Neutral trading position according to technical analysis indicators.
FAQs on CARE Ratings Ltd
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CARE Ratings Ltd (CARERATING) share price today is ₹1363.85
CARE Ratings Ltd is listed on NSE
CARE Ratings Ltd is listed on BSE
- Today’s highest price of CARE Ratings Ltd is ₹1374.8.
- Today’s lowest price of CARE Ratings Ltd is ₹1316.15.
PE Ratio of CARE Ratings Ltd is 35.12
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 68.59K.
Today’s market capitalisation of CARE Ratings Ltd(CARERATING) is ₹4022.73Cr.
| CARE Ratings Ltd(CARERATING | Price |
|---|---|
52 Week High | ₹1571 |
52 Week Low | ₹853.65 |
CARE Ratings Ltd(CARERATING) share price is ₹1363.85. It is down -13.19% from its 52 Week High price of ₹1571
CARE Ratings Ltd(CARERATING) share price is ₹1363.85. It is up 59.77% from its 52 Week Low price of ₹853.65
| CARE Ratings Ltd(CARERATING | Returns |
|---|---|
1 Day Returns | 18.85% |
1 Month Returns | 10.78% |
3 Month Returns | 35.13% |
1 Year Returns | 49.63% |