Valuation CARE Ratings Limited

Stocks

Delayed NSE India S.E. 11:19:49 29/10/2026 +03			5-day change	1st Jan Change
1,614.60 ^INR	+0.19%		+0.12%	+0.92%

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	48,539	-	-
Change	-	26.16%	75.03%	-0.93%	31.47%	11.52%	-	-
Enterprise Value (EV)	15,133	19,092	33,416	33,105	43,523	48,539	48,539	48,539
Change	-	26.16%	75.03%	-0.93%	31.47%	11.52%	0%	0%
P/E	20.2x	22.8x	33.2x	24.2x	25.5x	24x	20.7x	18x
PBR	2.34x	2.67x	4.61x	4.07x	4.68x	4.5x	3.92x	3.42x
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	8.75x	7.61x	6.67x
EV / Revenue	0x	0x	0x	0x	0x	8.75x	7.61x	6.67x
EV / EBITDA	0x	0x	0x	0x	0x	21.1x	18x	15.7x
EV / EBIT	0x	0x	0x	0x	0x	22.7x	19.4x	16.9x
EV / FCF	0x	0x	0x	0x	0x	21.6x	18.9x	16.4x
FCF Yield	3.24%	3.71%	2.45%	3.27%	3.2%	4.62%	5.3%	6.08%
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%	1.62%	1.77%	2.02%
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	1,611.60	1,611.60	1,611.60
Nbr of stocks (in thousands)	29,647	29,701	29,852	29,932	30,047	30,118	-	-
Announcement Date	5/29/22 A	5/11/23 A	5/9/24 A	5/12/25 A	5/13/26 A	-	-	-

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	23.98x	-	-	1.62%	510M
S&P GLOBAL, INC.	27.17x	9.66x	18.16x	0.87%	130B
MOODY'S CORPORATION	29.19x	10.63x	20.03x	0.87%	82.29B
THOMSON REUTERS CORPORATION	30.21x	6.71x	17.11x	2.22%	50.16B
MSCI, INC.	30.52x	14.07x	22.96x	1.33%	43.25B
EXPERIAN PLC	21.21x	4.28x	11.84x	1.99%	33.73B
WOLTERS KLUWER N.V.	16.1x	3.59x	10.76x	3.22%	20.82B
EQUIFAX INC.	26.96x	3.81x	11.93x	1.27%	20.6B
BROADRIDGE FINANCIAL SOLUTIONS, INC.	19.24x	2.87x	11.81x	2.44%	19.98B
COMPUTERSHARE LIMITED	22.04x	5.18x	12.93x	3.01%	17.48B
Average	24.66x	6.76x	15.28x	1.89%	41.91B
Weighted average by Cap.	26.64x	8.42x	17.19x	1.47%