CARE Ratings Ltd.

NSE: CARERATING | BSE: 534804 | ISIN: INE752H01013 |Industry: Other Financial Services
|Expensive Performer
Durability score
45 /100
Valuation score
19.2 /100
Momentum score
32.8 /100
Market Capitalizati...
2,706.9 Cr.
AVG Broker Target
1,550
PE TTM Price to Ear...
20.1

Peer Group

StockCurrent Price RsPE TTM Price to EarningsMarket Capitalization in CrDividend yield 1yr %Net Profit Qtr CrNet Profit Annual Growth YoY %Revenue Qtr CrRevenue Growth Qtr YoYPrice to Book Value
CARE Ratings Ltd. 918.8020.052706.905.9934.640.0081.49-13.724.52
Edelweiss Financial ..
Market Leader
171.3015.3615977.150.82246.3221.182936.4812.562.12
Indiabulls Ventures ..
Market Runner Up
265.8032.7715082.500.73111.4494.43599.59119.846.35
Crisil Ltd. 1375.0027.779927.502.1876.6419.27415.79-1.148.74
ICICI Securities Ltd. 216.0014.296958.223.52121.36-12.01407.73-20.388.43
Capital First Ltd. 587.2014.985816.370.48104.6037.051197.1036.002.22
IIFL Holdings Ltd. 146.253.924668.343.42314.66-30.791411.5238.620.71
ICRA Ltd. 3084.9528.472977.350.9726.113.3683.651.444.65
All values except ratios in INR(Crores)
IndicatorMar-2019Dec-2018Sep-2018Jun-2018Mar-2018Dec-2017Sep-2017Jun-2017Mar-2017Graph
Revenue Qtr Cr 81.5 64.9 93.6 57.4 94.4 74.8 91.0 61.4 76.4
Operating Expenses Qtr Cr 34.6 31.2 31.4 28.9 36.9 28.5 24.7 22.2 29.3
Operating Profit Qtr Cr 46.9 33.6 62.2 28.6 57.6 46.4 66.3 39.2 47.1
Operating Profit Margin Qtr % 57.53% 51.85% 66.47% 49.73% 60.96% 61.97% 72.88% 63.87% 61.7%
Other Income Qtr Cr 9.5 8.8 7.4 4.2 7.9 4.7 6.3 6.5 8.4
Depreciation Qtr Cr 0.9 0.8 0.7 0.6 0.6 0.8 0.8 0.8 0.8
Interest Qtr Cr 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Profit Before Tax Qtr Cr 55.5 41.6 68.9 32.2 64.9 50.2 71.8 44.9 54.8
Tax Qtr Cr 20.8 13.2 22.5 6.6 25.0 12.9 23.4 9.4 16.3
Net Profit Qtr Cr 34.6 28.4 46.4 25.5 39.9 37.3 48.3 35.5 38.4
Basic EPS Qtr Rs 11.8 9.6 15.8 8.7 13.6 12.7 16.4 12.1 13.1
Net profit TTM Cr 135.0 140.3 149.1 151.1 161.0 159.6 167.4 162.3 151.5
Basic EPS TTM Rs 45.8 47.6 50.6 51.3 54.7 54.2 56.8 55.1 51.4
Quarterly Revenue Qtr Cr Analysis
Revenue Qtr Cr growth is higher than historical averages.
Quarterly Net Profit Qtr Cr Analysis
Net Profit Qtr Cr growth is higher than historical averages.
IndicatorMar-2019Dec-2018Sep-2018Jun-2018Mar-2018Dec-2017Sep-2017Jun-2017Graph
Revenue Qtr Cr 89.4 72.9 96.7 60.0 99.4 77.4 92.9 63.0
Operating Expenses Qtr Cr 40.3 36.6 35.4 32.0 39.7 30.9 27.0 24.4
Operating Profit Qtr Cr 49.1 36.3 61.2 28.0 59.8 46.5 65.9 38.6
Operating Profit Margin Qtr % 54.96% 49.74% 63.34% 46.72% 60.1% 60.12% 70.95% 61.25%
Other Income Qtr Cr 9.6 8.8 7.4 4.6 7.9 4.7 6.3 6.5
Depreciation Qtr Cr 0.9 0.9 0.8 0.7 0.6 0.8 0.8 0.8
Interest Qtr Cr 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Profit Before Tax Qtr Cr 57.8 44.1 67.9 31.9 67.0 50.4 71.4 44.3
Tax Qtr Cr 21.1 13.3 22.4 6.8 25.0 28.0 23.4 9.4
Net Profit Qtr Cr 36.7 30.7 45.5 25.2 42.0 22.5 48.0 34.9
Basic EPS Qtr Rs 12.4 10.5 15.4 8.5 14.3 0.0 16.3 11.8
Net profit TTM Cr 138.1 143.4 135.1 137.6 147.3
Basic EPS TTM Rs 46.9 48.7 45.9 46.7 50.0 35.7 28.1 11.8
All values except ratios in INR(Crores)
IndicatorTTMMar-2018Mar-2017Mar-2016Mar-2015Mar-2014Mar-2013Mar-2012Mar-2011Mar-2010Graph
Total Revenue Annual Cr 297.4 346.9 314.6 273.4 300.8 265.1 227.4 206.3 176.6 152.0
Operating Expenses Annual Cr 126.1 112.2 94.4 92.7 95.1 82.8 64.9 54.9 40.4 28.4
Operating Profit Annual in Cr 171.3 209.4 186.1 172.1 162.1 146.6 133.9 123.2 130.5 107.8
Operating Profit Margin Annual % 60.38% 59.17% 62.94% 53.89% 55.31% 58.88% 59.71% 73.86% 70.94%
Total Expenses Annual Cr 115.1 97.5 96.6 101.4 85.7 67.5 56.8 42.6 29.8
EBIDT Annual Cr 201.1 234.7 220.2 180.7 205.6 182.3 162.5 151.4 136.2 123.7
EBIDT margin Annual % 67.66% 70.0% 66.09% 68.37% 68.76% 71.47% 73.39% 77.12% 81.34%
Other Income Annual Cr 29.8 25.3 34.1 8.6 43.6 35.7 28.6 28.2 5.8 15.8
Depreciation Cr 3.1 3.0 3.1 3.9 5.0 2.9 2.6 1.9 2.2 1.4
PAT Before ExtraOrdinary Items Annual Cr 161.0 152.3 117.7 140.3 128.7 113.3 107.5 90.9 85.7
Net Profit Annual Cr 135.0 161.0 152.3 117.7 140.3 128.7 113.3 107.5 91.0 85.7
Basic EPS Annual Rs 54.1 51.7 40.5 48.4 44.7 39.7 37.7 31.9 90.0
Annual Total Revenue Annual Cr Analysis
Total Revenue Annual Cr growth is higher than historical averages.
Average Total Revenue Annual Cr
1 Year:
346.88 Cr
3 Years:
311.63 Cr
5 Years:
300.16 Cr
7 Years:
276.35 Cr
Annual Net Profit Annual Cr Analysis
Net Profit Annual Cr growth is stable compared to historical averages.
Average Net Profit Annual Cr
1 Year:
161.03 Cr
3 Years:
143.65 Cr
5 Years:
139.99 Cr
7 Years:
131.55 Cr
Annual ROE Annual % Analysis
ROE Annual % is stable compared to historical averages.
Average ROE Annual %
1 Year:
26.86 %
3 Years:
28.24 %
5 Years:
30.04 %
7 Years:
29.35 %
IndicatorTTMMar-2019Mar-2018Mar-2017Mar-2016Mar-2015Mar-2014Mar-2013Mar-2012Graph
Total Revenue Annual Cr 319.0 349.4 358.2 321.1 288.1 304.2 271.4 231.9 207.9
Operating Expenses Annual Cr 144.3 144.3 121.9 105.2 105.5 101.0 87.9 68.4 56.1
Operating Profit Annual in Cr 174.7 174.7 210.8 182.2 173.9 159.6 147.7 134.6 123.4
Operating Profit Margin Annual % 50.0% 58.85% 56.75% 60.36% 52.45% 54.43% 58.05% 59.37%
Total Expenses Annual Cr 147.6 125.1 108.6 109.7 107.4 90.8 71.7 58.3
EBIDT Annual Cr 205.1 205.1 236.2 215.9 182.6 203.3 183.5 163.5 151.7
EBIDT margin Annual % 58.7% 65.96% 67.23% 63.38% 66.81% 67.62% 70.49% 72.99%
Other Income Annual Cr 30.4 30.4 25.5 33.7 8.7 43.7 35.8 28.9 28.3
Depreciation Cr 3.3 3.3 3.1 3.4 4.2 5.1 2.9 3.2 2.1
PAT Before ExtraOrdinary Items Annual Cr 138.1 162.3 147.6 119.6 137.8 129.7 113.7 107.6
Net Profit Annual Cr 138.1 138.1 162.3 147.6 119.6 137.8 129.7 113.7 107.6
Basic EPS Annual Rs 46.7 54.5 50.2 41.1 47.5 45.0 39.8 37.7
Annual Total Revenue Annual Cr Analysis
Total Revenue Annual Cr growth is lower than historical averages.
Average Total Revenue Annual Cr
1 Year:
349.36 Cr
3 Years:
342.87 Cr
5 Years:
324.18 Cr
7 Years:
303.45 Cr
Annual Net Profit Annual Cr Analysis
Net Profit Annual Cr growth is lower than historical averages.
Average Net Profit Annual Cr
1 Year:
138.07 Cr
3 Years:
149.34 Cr
5 Years:
141.09 Cr
7 Years:
135.54 Cr
Annual ROE Annual % Analysis
ROE Annual % is growing faster than historical averages.
Average ROE Annual %
1 Year:
27.21 %
3 Years:
27.6 %
5 Years:
30.09 %
7 Years:
29.13 %
All values except ratios in INR(Crores)
IndicatorMar-2018Mar-2017Mar-2016Mar-2015Mar-2014Mar-2013Mar-2012Mar-2011Mar-2010Graph
Book Value Per Share Annual Rs 203.4 178.0 138.9 124.3 167.0 148.5 132.1 318.1 224.3
RoA Annual % 24.55% 25.99% 23.59% 31.54% 22.25% 21.91% 25.11% 27.4% 35.07%
ROE Annual % 26.86% 29.04% 28.82% 38.93% 26.56% 26.73% 28.51% 30.04% 40.13%
ROCE Annual % 38.04% 40.23% 28.26% 38.07% 26.14% 26.23% 28.1% 29.6% 39.73%
Profitability Ratio
Liquidity Ratio
Valuation Ratio
Total Debt to Total Equity Annual 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Annual Book Value Per Share Annual Rs Analysis
Book Value Per Share Annual Rs growth is stable compared to historical averages.
Average Book Value Per Share Annual Rs
1 Year:
203.43 Rs
3 Years:
173.42 Rs
5 Years:
162.31 Rs
7 Years:
156.01 Rs
Annual RoA Annual % Analysis
RoA Annual % is stable compared to historical averages.
Average RoA Annual %
1 Year:
24.55 %
3 Years:
24.71 %
5 Years:
25.58 %
7 Years:
24.99 %
IndicatorMar-2019Mar-2018Mar-2017Mar-2016Mar-2015Mar-2014Mar-2013Mar-2012Graph
Book Value Per Share Annual Rs 203.3 176.7 139.0 123.8 167.7 148.8 132.3
RoA Annual % 24.65% 25.23% 23.79% 30.93% 22.26% 21.84% 25.04%
ROE Annual % 27.21% 28.39% 29.26% 38.39% 26.66% 26.77% 28.53%
ROCE Annual % 38.27% 39.64% 28.68% 37.53% 26.18% 26.22% 28.07%
Profitability Ratio
Liquidity Ratio
Valuation Ratio
Total Debt to Total Equity Annual 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Annual Book Value Per Share Annual Rs Analysis
Book Value Per Share Annual Rs growth is higher than historical averages.
Average Book Value Per Share Annual Rs
1 Year:
203.3 Rs
3 Years:
194.45 Rs
5 Years:
169.22 Rs
7 Years:
166.09 Rs
Annual RoA Annual % Analysis
RoA Annual % is growing faster than historical averages.
Average RoA Annual %
1 Year:
24.65 %
3 Years:
24.84 %
5 Years:
25.85 %
7 Years:
24.76 %
All values except ratios in INR(Crores)
IndicatorMar-2018Mar-2017Mar-2016Mar-2015Mar-2014Mar-2013Mar-2012Mar-2011Mar-2010Graph
Total ShareHolders Funds Annual Cr 599.3 524.2 408.2 360.4 484.3 423.9 377.1 302.8 213.5
Minority Interest Liability Annual Cr
Total Non Current Liabilities Annual Cr 9.8 15.3 8.1 8.1 7.8 8.2 5.5 4.5 2.2
Total Current Liabilities Annual Cr 46.7 46.3 82.5 76.3 86.0 85.0 45.5 24.7 28.7
Total Capital Plus Liabilities Annual Cr 655.9 585.7 498.8 444.9 578.2 517.1 428.2 331.9 244.3
Fixed Assets Annual Cr 51.7 52.7 55.1 56.1 51.5 51.2 48.3 42.1 27.8
Total Non Current Assets Annual Cr 331.9 157.9 295.0 263.7 263.6 214.3 273.4 269.5 213.9
Total Current Assets Annual Cr 323.9 427.8 203.8 181.2 314.5 302.8 154.8 62.4 30.5
Total Assets Annual Cr 655.9 585.7 498.8 444.9 578.2 517.1 428.2 331.9 244.3
Contingent Liabilities plus Commitments Annual Cr 1.8 13.5 8.0 3.1 1.1 2.3 2.7 1.3 0.0
Bonus Equity Share Capital Annual Cr 20.5 20.5 20.5 20.5 20.5 20.5 20.5 1.5 1.5
Non Current Investments Unquoted BookValue Annual Cr 57.2 49.1 69.3 53.8 72.2 36.6 160.5 202.3 61.4
Current Investments Unquoted BookValue Annual Cr 239.7 234.0 67.8 32.1 45.2 74.9 12.8 25.6 0.0
Annual Total Assets Annual Cr Analysis
Total Assets Annual Cr growth is stable compared to historical averages.
Average Total Assets Annual Cr
1 Year:
655.85 Cr
3 Years:
580.14 Cr
5 Years:
552.69 Cr
7 Years:
529.81 Cr
IndicatorMar-2019Mar-2018Mar-2017Mar-2016Mar-2015Mar-2014Mar-2013Mar-2012Graph
Total ShareHolders Funds Annual Cr 550.0 596.8 520.0 408.7 358.9 485.4 424.2 377.2
Minority Interest Liability Annual Cr 2.4 2.1 0.5 0.0 0.0 0.9 0.7 0.6
Total Non Current Liabilities Annual Cr 13.8 10.1 15.4 8.2 8.2 8.0 8.3 5.5
Total Current Liabilities Annual Cr 48.9 49.6 49.1 85.7 78.3 86.8 86.8 46.4
Total Capital Plus Liabilities Annual Cr 658.6 585.0 502.6 445.5 581.1 519.9 429.8
Fixed Assets Annual Cr 75.1 52.3 53.1 55.6 56.7 51.6 51.3 56.3
Total Non Current Assets Annual Cr 335.8 317.7 144.7 293.6 261.9 262.3 213.0 272.6