Business Segments CARE Ratings Limited

Stocks

Market Closed - NSE India S.E. Other stock markets 07:05:07 2026-06-19 EDT			5-day change	1st Jan Change
1,713.30 ^INR	+4.29%		+7.15%	+7.09%

06-04	Madras High Court Lifts Injunction Order Against CARE Ratings' Asset Transfer	MT
05-14	CARE Ratings Limited, Q4 2026 Earnings Call, May 14, 2026

Breakdown by Business Segment (INR)

Fiscal Period: March	2022	2023	2024	2025	2026
Business and Sovereign Credit Rating Agencies
Ratings and Related Services	2.3B	2.61B	2.98B	3.6B	4.23B
Total Assets	6.45B	6.84B	7.42B	7.7B	9.63B
Interest Expense	-4.33M	-7.25M	-14.86M	-17.43M	-18.5M
Income Tax Expense	238M	358M	441M	515M	608M
CAPEX	-	-	-	-	-
EBT	864M	1.09B	1.24B	1.94B	2.3B
EBITDA	941M	1.22B	1.34B	2.05B	2.42B
D&A	72.62M	124M	81.48M	87.64M	105M
Operating Income	868M	1.1B	1.26B	1.96B	2.32B
Net Income	626M	734M	804M	1.43B	1.69B
Others	209M	179M	339M	426M	506M
Total Assets	305M	352M	484M	452M	466M
Interest Expense	-308K	-2.77M	-2.26M	-3.65M	-6.36M
Income Tax Expense	-20.12M	44.48M	-	7.55M	8.47M
CAPEX	-	-	-	-	-
EBT	-149M	-215M	-245M	-76.46M	-7.74M
EBITDA	-142M	-174M	-220M	-43.23M	36.98M
D&A	6.57M	38.17M	23.35M	29.58M	38.36M
Operating Income	-149M	-212M	-243M	-72.81M	-1.38M
Net Income	-129M	-259M	-245M	-84.01M	-16.21M
Total Assets	519M	519M	518M	1.42B	948M
EBT	272M	379M	467M	-	-
Net Income	272M	379M	467M	-	-
Inter Segment Revenue	-29.41M	-4.1M	-5.94M	-3.71M	-9.19M
EBT	-	-	-	58.27M	63.71M
EBITDA	-	-	-	58.27M	63.71M
Operating Income	-	-	-	58.27M	63.71M
Net Income	-	-	-	58.27M	63.71M

Geographical breakdown of sales (INR)

Fiscal Period: March	2022	2023	2024	2025	2026
India	2.48B	2.79B	3.32B	4.02B	4.73B
Total Assets	7.27B	7.71B	8.42B	9.58B	11.05B
Interest Expense	-4.64M	-10.02M	-17.12M	-21.08M	-24.86M
Income Tax Expense	218M	403M	441M	523M	617M
D&A	70.86M	99.99M	97.44M	104M	118M
CAPEX	-190M	-115M	-91.71M	-147M	-83M
Net Income	751M	835M	1.01B	1.37B	1.71B
EBT	986M	1.26B	1.47B	1.92B	2.35B