Valuation CARE Ratings Limited

Stocks

Market Closed - NSE India S.E. 12:05:07 23/10/2026 BST			5-day change	1st Jan Change
1,586.30 ^INR	-1.63%		+1.30%	-0.85%

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	47,777	-	-
Change	-	26.16%	75.03%	-0.93%	31.47%	9.77%	-	-
Enterprise Value (EV)	15,133	19,092	33,416	33,105	43,523	47,777	47,777	47,777
Change	-	26.16%	75.03%	-0.93%	31.47%	9.77%	0%	0%
P/E	20.2x	22.8x	33.2x	24.2x	25.5x	23.6x	20.4x	17.7x
PBR	2.34x	2.67x	4.61x	4.07x	4.68x	4.42x	3.86x	3.36x
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	8.62x	7.49x	6.56x
EV / Revenue	0x	0x	0x	0x	0x	8.62x	7.49x	6.56x
EV / EBITDA	0x	0x	0x	0x	0x	20.8x	17.8x	15.5x
EV / EBIT	0x	0x	0x	0x	0x	22.4x	19.1x	16.7x
EV / FCF	0x	0x	0x	0x	0x	21.3x	18.6x	16.2x
FCF Yield	3.24%	3.71%	2.45%	3.27%	3.2%	4.69%	5.39%	6.18%
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%	1.65%	1.8%	2.05%
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	1,586.30	1,586.30	1,586.30
Nbr of stocks (in thousands)	29,647	29,701	29,852	29,932	30,047	30,118	-	-
Announcement Date	29/05/22	11/05/23	09/05/24	12/05/25	13/05/26	-	-	-

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 (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
CARE RATINGS LIMITED	24x	-	-	1.62%	513M
S&P GLOBAL, INC.	28.1x	10.06x	19.11x	0.86%	134B
MOODY'S CORPORATION	30.03x	10.92x	20.57x	0.85%	84.67B
THOMSON REUTERS CORPORATION	32.06x	6.72x	17.2x	2.09%	49.97B
MSCI, INC.	31.32x	14.34x	23.39x	1.29%	44.35B
EXPERIAN PLC	22.72x	4.54x	12.56x	1.86%	36.12B
WOLTERS KLUWER N.V.	16.74x	3.7x	11.07x	3.11%	21.68B
EQUIFAX INC.	28.66x	4.03x	12.62x	1.2%	21.9B
BROADRIDGE FINANCIAL SOLUTIONS, INC.	20.23x	3x	12.35x	2.32%	21.01B
COMPUTERSHARE LIMITED	22x	5.17x	12.91x	3.02%	17.45B
Average	25.59x	6.94x	15.75x	1.82%	43.12B
Weighted average by Cap.	27.64x	8.65x	17.75x	1.42%