CARE Ratings Limited Share Price and Company Fundamentals



Price
₹573.55
Change
15.000 (2.686%)
52 week
403.0 - 654.85

Last traded: Last Friday at 10:00 AM

CARE Ratings Limited, a credit rating agency, provides various rating and grading services in India, Mauritius, and Nepal. The company provides rating services for bank loan, debt instrument, bonds, non-convertible debentures, preference shares, fixed deposits, and commercial papers; principal protected market linked debentures, subordinate debt, perpetual bonds, and hybrid instruments; structured finance ratings; insurance ratings; infrastructure sector ratings; security receipts ratings; public finance rating services that cover ratings of state government entities and urban infrastructure projects; and real estate and infrastructure investment trusts ratings, as well as corporate governance ratings, project finance, and MLD valuation services. It also offers corporate advisory, project evaluation and monitoring, credit analytics, industry and company research, and due diligence and grading services, as well as research and analytics to corporates, financial institutions, banks, and institutional investors. The company was formerly known as Credit Analysis and Research Limited and changed its name to CARE Ratings Limited in June 2017. CARE Ratings Limited was incorporated in 1993 and is headquartered in Mumbai, India.

Key Metrics

PE ratio

19.83

PB ratio

2.56

Dividend yield

1.79%

Beta

1.41

Market cap

-

Enterprise value

-

Company profile

Industry / Sector Financial Data & Stock Exchanges / Financial Services
Full time employees 457
Website https://www.careratings.com
Mailing address Godrej Coliseum 4th Floor Somaiya Hospital Road Off Eastern Express Highway, Sion East Mumbai 400022 India
Phone / Fax 91 22 6754 3456 / 91 22 6754 3457

Dividends

Dividend yield

1.79%

Dividend amount

₹10.00

Payout ratio

58.93%

5Y Avg. yield

3.79%

CARE Ratings Limited paid ₹10.00 dividend and the ex-dividend date was 13 Sept 2022.The dividend payout ratio is 58.93%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.CARERATING dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

CARERATING's forward dividend amount is ₹17 and the forward dividend yield is 2.97%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Dec 2022, following are the company executives and directors listed on CARE Ratings Limited.

Name Title Age Total Pay
Mr. Mehul Pandya MD, CEO & Director 49
Mr. Jinesh Shah Chief Financial Officer
Ms. Nehal Shah Head of Compliance, Legal & Secretarial
Mr. Nadir Bhalwani Chief Information & Technology Officer
Kumari Nisha Brand & Corp. Communication
Mr. Aniruddha Sen Chief HR Officer
Mr. Sachin Gupta Exec. Director & Chief Ratings Officer
Ms. Rajani Sinha Chief Economist
Ms. Sushmita Majumdar Co-CEO of CARE Advisory Research & Training P Ltd.,
Mr. Kiran Surve Chief Exec. Officer of CARE Risk Solution Private Limited

Profitability and management effectiveness

Profit margin

32.68%

Operating margin

33.27%

Return on assets

7.34%

Return on equity

13.56%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of CARE Ratings Limited is and its enterprise value is .

The CARERATING's stocks Beta value is 1.41 making it 41% more volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

CARE Ratings Limited (NSE:CARERATING) Frequently Asked Questions

1. What is CARE Ratings Limited's Stock Symbol?

CARE Ratings Limited trades on NSE under the ticker symbol "CARERATING".

2. What is CARE Ratings Limited's stock price today?

One share of CARERATING stock can currently be purchased for approximately ₹573.55.

3. How can I contact CARE Ratings Limited?

CARE Ratings Limited's mailing address is Godrej Coliseum 4th Floor Somaiya Hospital Road Off Eastern Express Highway, Sion East Mumbai 400022 India. The company can be reached via phone at 91 22 6754 3456.

4. What is CARE Ratings Limited's official website?

The official website of CARE Ratings Limited is https://www.careratings.com.