The company operates through multiple subsidiaries including CARE Ratings (Africa) Private Limited, CARE Ratings Nepal Limited, CARE ESG Ratings Limited, and CareEdge Global IFSC Limited, offering rating services tailored to diverse markets. Management's strategic focus on enhancing operational efficiency through technology and a commitment to high-quality research has positioned the company to capitalize on emerging opportunities, particularly in the analytics and advisory segments.
Cyborg Score Rationale
Net profit of CARE Ratings rose 24.36% to Rs 25.78 crore in the quarter ended June 2025 as against Rs 20.73 crore during the previous quarter ended June 2024. Company is almost debt free. However, valuation multiples are elevated with P/E ratio of 35.31, suggesting growth expectations are priced in.
Top Insights
In FY25, the company demonstrated robust financial performance, achieving significant growth in income and operating profit despite a challenging macroeconomic backdrop.
The company is optimistic about future demand, especially in ESG services, where initial investments are expected to yield long-term benefits.
Company has been maintaining a healthy dividend payout of 60.5%.
The successful expansion into international markets and a proactive approach to pricing strategies further underscore the company's resilience and adaptability in a dynamic environment.
Named Competitors
Credit Ratings — India's leading credit rating agency
Credit Ratings — India's largest credit rating agency
Analytics & Advisory — International rating and advisory services
Recent Developments
(February 2026) Attending IIFL Entrepreneurial India conference; cautionary letter issued for incorrect client ISIN with no financial impact
(January 2025) Allotted 16,834 equity shares under ESOS
(November 2025) Board recommended interim dividend of Rs 8 per equity share
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