CARE Ratings Ltd
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- ₹814.95
- Today's High:
- ₹844.2
- Open Price:
- ₹827.45
- 52W Low:
- ₹451.2319
- 52W High:
- ₹794.25
- Prev. Close:
- ₹838.4
- Volume:
- 6048
Company Statistics
- Market Cap.:
- ₹22.58 billion
- Book Value:
- 226.328
- Revenue TTM:
- ₹2.91 billion
- Operating Margin TTM:
- 32.98%
- Gross Profit TTM:
- ₹1.31 billion
- Profit Margin:
- 30.15%
- Return on Assets TTM:
- 7.89%
- Return on Equity TTM:
- 12.83%
Company Profile
CARE Ratings Ltd had its IPO on under the ticker symbol CARERATING.
The company operates in the Financial Services sector and Financial Data & Stock Exchanges industry. CARE Ratings Ltd has a staff strength of 517 employees.
Stock update
Shares of CARE Ratings Ltd opened at ₹827.45 at the start of the last trading session i.e. 2023-09-13.
The stocks traded within a range of ₹814.95 - ₹844.2, and closed at ₹818.
This is a -2.43% slip from the previous day's closing price.
A total volume of 6,048 shares were traded at the close of the day’s session.
In the last one week, shares of CARE Ratings Ltd have slipped by -0.29%.
CARE Ratings Ltd's Key Ratios
CARE Ratings Ltd has a market cap of ₹22.58 billion, indicating a price to book ratio of 2.4779 and a price to sales ratio of 6.297.
In the last 12-months CARE Ratings Ltd’s revenue was ₹2.91 billion with a gross profit of ₹1.31 billion and an EBITDA of ₹1.02 billion. The EBITDA ratio measures CARE Ratings Ltd's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, CARE Ratings Ltd’s operating margin was 32.98% while its return on assets stood at 7.89% with a return of equity of 12.83%.
In Q2, CARE Ratings Ltd’s quarterly earnings growth was a positive 29.9% while revenue growth was a positive 21.7%.
CARE Ratings Ltd’s PE and PEG Ratio
- Forward PE
- 0
- Trailing PE
- 26.8994
- PEG
Its diluted EPS in the last 12-months stands at ₹28.14 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into CARE Ratings Ltd’s profitability.
CARE Ratings Ltd stock is trading at a EV to sales ratio of 4.1974 and a EV to EBITDA ratio of 8.7181. Its price to sales ratio in the trailing 12-months stood at 6.297.
CARE Ratings Ltd stock pays annual dividends of ₹0 per share, indicating a yield of 2.22% and a payout ratio of 118.47%.
Balance sheet and cash flow metrics
- Total Assets
- ₹7.71 billion
- Total Liabilities
- ₹592.23 million
- Operating Cash Flow
- ₹0
- Capital Expenditure
- ₹0
- Dividend Payout Ratio
- 118.47%
CARE Ratings Ltd ended 2024 with ₹7.71 billion in total assets and ₹0 in total liabilities. Its intangible assets were valued at ₹7.71 billion while shareholder equity stood at ₹6.72 billion.
CARE Ratings Ltd ended 2024 with ₹0 in deferred long-term liabilities, ₹592.23 million in other current liabilities, in common stock, ₹3.29 billion in retained earnings and ₹79.50 million in goodwill. Its cash balance stood at ₹494.25 million and cash and short-term investments were ₹0. The company’s total short-term debt was ₹0 while long-term debt stood at ₹0.
CARE Ratings Ltd’s total current assets stands at ₹6.03 billion while long-term investments were ₹0 and short-term investments were ₹5.15 billion. Its net receivables were ₹215.14 million compared to accounts payable of ₹99.53 million and inventory worth ₹0.
In 2024, CARE Ratings Ltd's operating cash flow was ₹0 while its capital expenditure stood at ₹0.
Comparatively, CARE Ratings Ltd paid ₹1.18 in dividends in 2024.
Other key metrics
- Current Trading Price
- ₹818
- 52-Week High
- ₹794.25
- 52-Week Low
- ₹451.2319
- Analyst Target Price
- ₹
CARE Ratings Ltd stock is currently trading at ₹818 per share. It touched a 52-week high of ₹794.25 and a 52-week low of ₹794.25. Analysts tracking the stock have a 12-month average target price of ₹.
Its 50-day moving average was ₹760.59 and 200-day moving average was ₹660.89 The short ratio stood at 0 indicating a short percent outstanding of 0%.
Around 1654.5% of the company’s stock are held by insiders while 2689.8% are held by institutions.
Frequently Asked Questions About CARE Ratings Ltd
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About
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 transaction and corporate advisory, project evaluation and monitoring, ESG assessment and advisory, research and analytics, industry 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.