Valuation CARE Ratings Limited

Stocks

Market Closed - NSE India S.E. 07:05:07 2026-10-16 EDT			5-day change	1st Jan Change
1,603.90 ^INR	+2.42%		+3.99%	+0.25%

09-02	Ind-Swift Laboratories Ltd. Approves the Appointment of M/S. Care Ratings Limited as the Monitoring Agency	CI
08-07	CARE Ratings Limited Reports Earnings Results for the First Quarter Ended June 30, 2026	CI

Data adjusted to current consolidation scope

Fiscal Period: March	2022	2023	2024	2025	2026	2027	2028	2029
Market Cap ¹	15,133	19,092	33,416	33,105	43,523	48,307	-	-
Change	-	26.16%	75.03%	-0.93%	31.47%	10.99%	-	-
Enterprise Value (EV)	15,133	19,092	33,416	33,105	43,523	48,307	48,307	48,307
Change	-	26.16%	75.03%	-0.93%	31.47%	10.99%	0%	0%
P/E	20.2x	22.8x	33.2x	24.2x	25.5x	23.9x	20.6x	17.9x
PBR	2.34x	2.67x	4.61x	4.07x	4.68x	4.47x	3.9x	3.4x
PEG	-	2x	1.7x	0.7x	1x	1.3x	1.3x	1.2x
Capitalization / Revenue	6.11x	6.68x	10.1x	8.23x	9.2x	8.71x	7.57x	6.63x
EV / Revenue	0x	0x	0x	0x	0x	8.71x	7.57x	6.63x
EV / EBITDA	0x	0x	0x	0x	0x	21x	18x	15.6x
EV / EBIT	0x	0x	0x	0x	0x	22.6x	19.3x	16.8x
EV / FCF	0x	0x	0x	0x	0x	21.5x	18.8x	16.4x
FCF Yield	3.24%	3.71%	2.45%	3.27%	3.2%	4.64%	5.33%	6.11%
Dividend per Share ²	17	17	17	18	14	26.1	28.5	32.5
Rate of return	3.33%	2.64%	1.52%	1.63%	0.97%	1.63%	1.78%	2.03%
EPS ²	25.31	28.17	33.67	45.69	56.83	67.2	77.9	89.5
Distribution rate	67.2%	60.3%	50.5%	39.4%	24.6%	38.8%	36.6%	36.3%
Net sales ¹	2,476	2,859	3,317	4,023	4,731	5,545	6,378	7,281
EBITDA ¹	798.2	993.4	1,121	1,553	1,974	2,300	2,691	3,092
EBIT ¹	721.2	945.2	1,017	1,436	1,830	2,136	2,501	2,869
Net income ¹	751.1	835.3	1,005	1,372	1,712	2,021	2,341	2,689
Net Debt	-	-	-	-	-	-	-	-
Reference price ²	510.45	642.80	1,119.40	1,106.00	1,448.50	1,603.90	1,603.90	1,603.90
Nbr of stocks (in thousands)	29,647	29,701	29,852	29,932	30,047	30,118	-	-
Announcement Date	5/29/22	5/11/23	5/9/24	5/12/25	5/13/26	-	-	-

¹INR in Million²INR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
CARE RATINGS LIMITED	23.3x	-	-	1.67%	498M
S&P GLOBAL, INC.	26.35x	9.38x	17.76x	0.92%	125B
MOODY'S CORPORATION	29.95x	10.76x	20.27x	0.86%	83.77B
THOMSON REUTERS CORPORATION	26.72x	6.05x	15.15x	2.38%	46.72B
MSCI, INC.	28.88x	13.53x	22.05x	1.43%	41.81B
EXPERIAN PLC	20.86x	4.22x	11.67x	2.03%	33.15B
WOLTERS KLUWER N.V.	15.7x	3.51x	10.51x	3.32%	20.33B
BROADRIDGE FINANCIAL SOLUTIONS, INC.	18.93x	2.83x	11.64x	2.48%	19.66B
EQUIFAX INC.	24.48x	3.56x	11.24x	1.39%	18.95B
COMPUTERSHARE LIMITED	20.9x	4.91x	12.25x	3.17%	16.57B
Average	23.61x	6.53x	14.73x	1.96%	40.67B
Weighted average by Cap.	25.74x	8.22x	16.73x	1.53%