Company CARE Ratings Limited

Stocks

CARERATING

INE752H01013

Professional Information Services

Market Closed - NSE India S.E. 14:05:07 10/09/2026 +03			5-day change	1st Jan Change
1,693.00 ^INR	-1.83%		-0.90%	+5.82%

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

Business description: CARE Ratings Limited

CARE Ratings Limited is a credit rating company. The Company provides various credit ratings to corporates to raise capital for their various requirements and assists investors to form an informed investment decision based on credit risk and their own risk-return expectations. Its subsidiaries include CARE Ratings (Africa) Private Limited (CRAF), CARE Ratings Nepal Limited (CRNL), CARE ESG Ratings Limited, CARE Analytics and Advisory Private Limited, CARE Ratings South Africa (Pty) Limited and CareEdge Global IFSC Limited. CRNL offers a comprehensive array of rating services tailored to the Nepalese market, and technical support from its parent company. CareEdge Global IFSC Limited offers credit ratings and global-scale ratings for issuers and debt securities. CARE Analytics and Advisory Private Limited which specialises in the advisory, consulting, sustainability, research, and analytics services.

Number of employees: 608

Sales by Activity: CARE Ratings Limited

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Ratings and Related Services	2.3B	2.61B	2.98B	3.6B	4.23B
Others	209M	179M	339M	426M	506M
Inter Segment Revenue	-29.41M	-4.1M	-5.94M	-3.71M	-9.19M

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Geographical breakdown of sales: CARE Ratings Limited

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
India	2.48B	2.79B	3.32B	4.02B	4.73B

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Executive Committee: CARE Ratings Limited

Manager	Title	Age	Since
Mehul Pandya CEO	Chief Executive Officer	-	01/06/2022
Jinesh Shah DFI	Director of Finance/CFO	-	12/06/2021
A Shiju Rawther CTO	Chief Tech/Sci/R&D Officer	-	26/11/2020
Rashi Shingal CMP	Compliance Officer	-	01/04/2024
C. V. Manoj Kumar CMP	Compliance Officer	-	01/09/2024

See CARE RATINGS LIMITED governance

Composition of the Board of Directors: CARE Ratings Limited

Director	Title	Age	Since
Mehul Pandya BRD	Director/Board Member	-	29/06/2022
Thiru V. Chandrasekaran BRD	Director/Board Member	67	15/11/2017
Gurumoorthy Mahalingam BRD	Director/Board Member	69	21/11/2022
Manoj Chugh BRD	Director/Board Member	-	09/05/2024
Revati Parag Kasture BRD	Director/Board Member	55	-
Rajiv Bansal BRD	Director/Board Member	63	30/05/2025
Indrani Banerjee BRD	Director/Board Member	-	30/05/2025
Bimalkumar N. Patel BRD	Director/Board Member	56	12/11/2025

Composition of the Board of Directors

Shareholders: CARE Ratings Limited

Name	Stocks	%	Valuation
Life Insurance Corporation of India (Investment Portfolio) 9.477 %	2,852,133	9.477 %	52 M ₹
CRISIL LIMITED 8.714 %	2,622,431	8.714 %	48 M ₹
Pari Washington Co. Advisors Pvt Ltd. 7.451 %	2,242,150	7.451 %	41 M ₹
Nippon Life India Asset Management Ltd. (Invt Mgmt) 6.705 %	2,017,892	6.705 %	37 M ₹
WhiteOak Capital Asset Management Ltd. 3.522 %	1,059,878	3.522 %	19 M ₹

List of CARE RATINGS LIMITED shareholders

Company details: CARE Ratings Limited

CARE Ratings Ltd.

Godrej Coliseum, 4th Floor

400022, Mumbai

+91 22 6754 3456

http://www.careratings.com

address CARE Ratings Limited(CARERATING)

Group companies: CARE Ratings Limited

Name	Category and Sector
Care Kalypto Risk Technologies & Advisory Services Pvt Ltd. Care Kalypto Risk Technologies & Advisory Services Pvt Ltd. Packaged SoftwareTechnology Services Provides risk management software solutions	Packaged Software

Rating Agencies

Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5-day change	1-year change	3-year change	Capi.($)
CARE RATINGS LIMITED	-1.83%	-0.90%	+4.01%	+104.65%	545M
MOODY'S CORPORATION	-1.52%	-7.33%	-7.65%	+37.55%	82.19B
CRISIL LIMITED	+0.66%	-0.80%	-6.65%	+21.16%	3.6B
ICRA LIMITED	-1.05%	-3.34%	-25.15%	-17.82%	483M
KOREA RATINGS CORPORATION	+0.48%	-0.86%	+5.48%	+32.02%	344M
Average	-0.65%	-1.49%	-5.99%	+35.51%	17.43B
Weighted average by Cap.	-1.42%	-6.92%	-7.58%	+36.96%