CARE Ratings Ltd.

NSE: CARERATING | BSE: 534804 | ISIN: INE752H01013 |Industry: Other Financial Services
|Expensive Underperformer
Durability score
50 /100
Valuation score
25.3 /100
Momentum score
31.1 /100
Market Capitalizati...
1,579 Cr.
AVG Broker Target
1,550
PE TTM Price to Ear...
12.9

Peer Group

StockCurrent Price RsPE TTM Price to EarningsMarket Capitalization in CrDividend yield 1yr %Net Profit Qtr CrNet Profit Annual Growth YoY %Operating Revenues Qtr CrRevenue Growth Qtr YoYPrice to Book Value
CARE Ratings Ltd. 535.9512.891578.975.0413.09-16.1745.22-21.242.87
Edelweiss Financial ..
Market Leader
123.9512.6211560.821.13134.4924.092512.693.171.33
Indiabulls Ventures ..
Market Runner Up
177.6021.9610863.731.10122.06119.69710.27106.121.94
Crisil Ltd. 1290.6026.879331.042.3266.8519.27415.76-4.658.21
ICICI Securities Ltd. 272.7018.668784.813.45113.77-11.34386.52-11.328.39
Capital First Ltd. 587.2014.985816.370.00104.6037.051197.1036.002.22
IIFL Finance Ltd. 116.303.643712.704.30174.28-21.641190.523.030.85
ICRA Ltd. 3015.1029.232909.930.0020.353.3677.04-2.074.55
All values except ratios in INR(Crores)
IndicatorJun-2019Mar-2019Dec-2018Sep-2018Jun-2018Mar-2018Dec-2017Sep-2017Jun-2017Graph
Total Revenue Qtr cr 53.0 91.0 73.6 101.0 61.7 102.3 79.5 97.2 67.9
Operating Expenses Qtr Cr 33.8 34.6 31.2 31.4 28.9 36.9 28.5 24.7 22.2
Operating Profit Qtr Cr 11.4 46.9 33.6 62.2 28.6 57.6 46.4 66.3 39.2
Operating Profit Margin Qtr % 25.27% 57.53% 51.85% 66.47% 49.73% 60.96% 61.97% 72.88% 63.87%
Depreciation Qtr Cr 1.7 0.9 0.8 0.7 0.6 0.6 0.8 0.8 0.8
Interest Qtr Cr 0.2 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Profit Before Tax Qtr Cr 17.3 55.5 41.6 68.9 32.2 64.9 50.2 71.8 44.9
Tax Qtr Cr 4.2 20.8 13.2 22.5 6.6 25.0 12.9 23.4 9.4
Net Profit Qtr Cr 13.1 34.6 28.4 46.4 25.5 39.9 37.3 48.3 35.5
Basic EPS Qtr Rs 4.4 11.8 9.6 15.8 8.7 13.6 12.7 16.4 12.1
Net profit TTM Cr 122.5 135.0 140.3 149.1 151.1 161.0 159.6 167.4 162.3
Basic EPS TTM Rs 41.6 45.8 47.6 50.6 51.3 54.7 54.2 56.8 55.1
Quarterly Operating Revenues Qtr Cr Analysis
Operating Revenues Qtr Cr growth is lower than historical averages.
Quarterly Net Profit Qtr Cr Analysis
Net Profit Qtr Cr growth is lower than historical averages.
IndicatorJun-2019Mar-2019Dec-2018Sep-2018Jun-2018Mar-2018Dec-2017Sep-2017Jun-2017Graph
Total Revenue Qtr cr 57.7 99.0 81.7 104.1 64.6 107.3 82.1 99.2 69.5
Operating Expenses Qtr Cr 37.8 40.3 36.6 35.4 32.0 39.7 30.9 27.0 24.4
Operating Profit Qtr Cr 12.1 49.1 36.3 61.2 28.0 59.8 46.5 65.9 38.6
Operating Profit Margin Qtr % 24.26% 54.96% 49.74% 63.34% 46.72% 60.1% 60.12% 70.95% 61.25%
Depreciation Qtr Cr 1.8 0.9 0.9 0.8 0.7 0.6 0.8 0.8 0.8
Interest Qtr Cr 0.2 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Profit Before Tax Qtr Cr 17.8 57.8 44.1 67.9 31.9 67.0 50.4 71.4 44.3
Tax Qtr Cr 4.4 21.1 13.3 22.4 6.8 25.0 28.0 23.4 9.4
Net Profit Qtr Cr 13.5 36.7 30.7 45.5 25.2 42.0 22.5 48.0 34.9
Basic EPS Qtr Rs 4.5 12.4 10.5 15.4 8.5 14.3 0.0 16.3 11.8
Net profit TTM Cr 126.4 138.1 143.4 135.1 137.6 147.3
Basic EPS TTM Rs 42.9 46.9 48.7 45.9 46.7 50.0 35.7 28.1 11.8
Quarterly Operating Revenues Qtr Cr Analysis
Operating Revenues Qtr Cr growth is lower than historical averages.
Quarterly Net Profit Qtr Cr Analysis
Net Profit Qtr Cr growth is lower than historical averages.
All values except ratios in INR(Crores)
IndicatorTTMMar-2019Mar-2018Mar-2017Mar-2016Mar-2015Mar-2014Mar-2013Mar-2012Mar-2011Graph
Total Revenue Annual Cr 318.5 327.2 346.9 314.6 273.4 300.8 265.1 227.4 206.3 176.6
Operating Expenses Annual Cr 131.0 126.1 112.2 94.4 92.7 95.1 82.8 64.9 54.9 40.4
Operating Profit Annual in Cr 154.1 171.3 209.4 186.1 172.1 162.1 146.6 133.9 123.2 130.5
Operating Profit Margin Annual % 52.35% 60.38% 59.17% 62.94% 53.89% 55.31% 58.88% 59.71% 73.86%
Total Expenses Annual Cr 129.1 115.1 97.5 96.6 101.4 85.7 67.5 56.8 42.6
EBIDT Annual Cr 201.1 234.7 220.2 180.7 205.6 182.3 162.5 151.4 136.2
EBIDT margin Annual % 61.47% 67.66% 70.0% 66.09% 68.37% 68.76% 71.47% 73.39% 77.12%
Depreciation Cr 4.1 3.1 3.0 3.1 3.9 5.0 2.9 2.6 1.9 2.2
PAT Before ExtraOrdinary Items Annual Cr 135.0 161.0 152.3 117.7 140.3 128.7 113.3 107.5 90.9
Net Profit Annual Cr 122.5 135.0 161.0 152.3 117.7 140.3 128.7 113.3 107.5 91.0
Basic EPS Annual Rs 45.8 54.1 51.7 40.5 48.4 44.7 39.7 37.7 31.9
Annual Total Revenue Annual Cr Analysis
Total Revenue Annual Cr growth is lower than historical averages.
Average Total Revenue Annual Cr
1 Year:
327.19 Cr
3 Years:
329.55 Cr
5 Years:
312.57 Cr
7 Years:
293.62 Cr
Annual Net Profit Annual Cr Analysis
Net Profit Annual Cr growth is lower than historical averages.
Average Net Profit Annual Cr
1 Year:
134.99 Cr
3 Years:
149.42 Cr
5 Years:
141.26 Cr
7 Years:
135.47 Cr
Annual ROE Annual % Analysis
ROE Annual % is growing slower than historical averages.
Average ROE Annual %
1 Year:
24.55 %
3 Years:
26.82 %
5 Years:
29.64 %
7 Years:
28.78 %
IndicatorTTMMar-2019Mar-2018Mar-2017Mar-2016Mar-2015Mar-2014Mar-2013Mar-2012Graph
Total Revenue Annual Cr 342.5 349.4 358.2 321.1 288.1 304.2 271.4 231.9 207.9
Operating Expenses Annual Cr 150.2 144.3 121.9 105.2 105.5 101.0 87.9 68.4 56.1
Operating Profit Annual in Cr 158.7 174.7 210.8 182.2 173.9 159.6 147.7 134.6 123.4
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 205.1 236.2 215.9 182.6 203.3 183.5 163.5 151.7
EBIDT margin Annual % 58.7% 65.96% 67.23% 63.38% 66.81% 67.62% 70.49% 72.99%
Depreciation Cr 4.5 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 126.4 138.1 162.3 147.6 119.6 137.8 129.7 113.7 107.6
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 slower than historical averages.
Average ROE Annual %
1 Year:
24.99 %
3 Years:
26.86 %
5 Years:
29.65 %
7 Years:
28.81 %
All values except ratios in INR(Crores)
IndicatorMar-2019Mar-2018Mar-2017Mar-2016Mar-2015Mar-2014Mar-2013Mar-2012Mar-2011Graph
Book Value Per Share Annual Rs 186.6 203.4 178.0 138.9 124.3 167.0 148.5 132.1 318.1
RoA Annual % 22.27% 24.55% 25.99% 23.59% 31.54% 22.25% 21.91% 25.11% 27.4%
ROE Annual % 24.55% 26.86% 29.04% 28.82% 38.93% 26.56% 26.73% 28.51% 30.04%
ROCE Annual % 35.16% 38.04% 40.23% 28.26% 38.07% 26.14% 26.23% 28.1% 29.6%
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 lower than historical averages.
Average Book Value Per Share Annual Rs
1 Year:
186.57 Rs
3 Years:
189.33 Rs
5 Years:
166.22 Rs
7 Years:
163.8 Rs
Annual RoA Annual % Analysis
RoA Annual % is growing slower than historical averages.
Average RoA Annual %
1 Year:
22.27 %
3 Years:
24.27 %
5 Years:
25.59 %
7 Years:
24.59 %
IndicatorMar-2019Mar-2018Mar-2017Mar-2016Mar-2015Mar-2014Mar-2013Mar-2012Graph
Book Value Per Share Annual Rs 187.5 203.3 176.7 139.0 123.8 167.7 148.8 132.3
RoA Annual % 22.34% 24.65% 25.23% 23.79% 30.93% 22.26% 21.84% 25.04%
ROE Annual % 24.99% 27.21% 28.39% 29.26% 38.39% 26.66% 26.77% 28.53%
ROCE Annual % 35.62% 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 0.0
Annual Book Value Per Share Annual Rs Analysis
Book Value Per Share Annual Rs growth is lower than historical averages.
Average Book Value Per Share Annual Rs
1 Year:
187.48 Rs
3 Years:
189.17 Rs
5 Years:
166.06 Rs
7 Years:
163.83 Rs
Annual RoA Annual % Analysis
RoA Annual % is growing slower than historical averages.
Average RoA Annual %
1 Year:
22.34 %
3 Years:
24.07 %
5 Years:
25.39 %
7 Years:
24.43 %
All values except ratios in INR(Crores)
IndicatorMar-2019Mar-2018Mar-2017Mar-2016Mar-2015Mar-2014Mar-2013Mar-2012Mar-2011Graph
Total ShareHolders Funds Annual Cr 549.7 599.3 524.2 408.2 360.4 484.3 423.9 377.1 302.8
Minority Interest Liability Annual Cr
Total Non Current Liabilities Annual Cr 13.5 9.8 15.3 8.1 8.1 7.8 8.2 5.5 4.5
Total Current Liabilities Annual Cr 42.9 46.7 46.3 82.5 76.3 86.0 85.0 45.5 24.7
Total Capital Plus Liabilities Annual Cr 606.0 655.9 585.7 498.8 444.9 578.2 517.1 428.2 331.9
Fixed Assets Annual Cr 74.8 51.7 52.7 55.1 56.1 51.5 51.2 48.3 42.1
Total Non Current Assets Annual Cr 352.6 331.9 157.9 295.0 263.7 263.6 214.3 273.4 269.5
Total Current Assets Annual Cr 253.4 323.9 427.8 203.8 181.2 314.5 302.8 154.8 62.4
Total Assets Annual Cr 606.0 655.9 585.7 498.8 444.9 578.2 517.1 428.2 331.9
Contingent Liabilities plus Commitments Annual Cr 0.8 1.8 13.5 8.0 3.1 1.1 2.3 2.7 1.3
Bonus Equity Share Capital Annual Cr 20.5 20.5 20.5 20.5 20.5 20.5 20.5 20.5 1.5
Non Current Investments Unquoted BookValue Annual Cr 38.5 57.2 49.1 69.3 53.8 72.2 36.6 160.5 202.3
Current Investments Unquoted BookValue Annual Cr 183.8 239.7 234.0 67.8 32.1 45.2 74.9 12.8 25.6
Annual Total Assets Annual Cr Analysis
Total Assets Annual Cr growth is lower than historical averages.
Average Total Assets Annual Cr
1 Year:
606.03 Cr
3 Years:
615.87 Cr
5 Years:
558.26 Cr
7 Years:
555.22 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 615.1 658.6 585.0 502.6 445.5