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Earnings Call

CARE Ratings Earnings Call: Key Takeaways

CARE Ratings delivered strong FY26 performance with consolidated revenue growth of 18% and PAT growth of 24%. Strategy focuses on scaling global ratings and AI-embedded analytics.

Highlights
Revenue growth18% YoY consolidated revenue growth for FY26.
MarginsConsolidated EBITDA margin at 42% for FY26.
Demand visibilityPositive outlook for bank credit offtake and service sectors.
Management confidenceHigh, citing 'Momentum with Purpose' and AI adoption.

Growth

FY26 Consolidated Revenue reached ₹473.07 Cr (+18% YoY); PAT stood at ₹173.69 Cr (+24% YoY).

Outlook

Strong momentum in non-rating segments (19% growth) and sovereign ratings through CareEdge Global IFSC.

Risks

Macroeconomic headwinds, potential fluctuations in corporate bond issuances, and high competition in domestic rating markets.

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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