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Earnings Call

CARE Ratings Earnings Call: Key Takeaways

CARE Ratings delivered strong FY26 performance with consolidated revenue growing 18% to ₹473cr and PAT up 24% to ₹174cr. The company is pivoting towards AI-driven analytics and expanding its global rating footprint.

Highlights
Revenue growthConsolidated revenue up 18% YoY in FY26.
MarginsConsolidated EBITDA margin improved to 42% in FY26.
Demand visibilityStrong momentum in bank credit offtake (16.1% growth).

Growth

Consolidated FY26 Revenue ₹473cr (up 18% YoY); PAT ₹174cr (up 24% YoY); EBITDA margins expanded to 42%.

Outlook

Focus on 'CareEdge Global' for sovereign ratings and 'CARE ESG'. Non-ratings segment now 11% of revenue.

Risks

Fluctuations in domestic/international corporate bond issuances; macroeconomic growth volatility in India and abroad.

Source

Earnings Call filed with NSE, NSE: CARERATING. Summary written with AI assistance from the document.

Read the document ↗

CARE Ratings Ltd: key numbers

Share price
₹1,627.60
Market cap
₹4,902 Cr
Revenue (annual)
₹473.1 Cr
Net profit (annual)
₹171.2 Cr
P/E (TTM)
27.6×Sector 22.0×
Promoter holding
0.00%+0.00% QoQ
FII holding
23.41%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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