CARERATING

CARE Ratings Share Price

₹995.5
-17.1 (-1.69%)
18 September, 2024 02:40 BSE: 534804 NSE: CARERATING ISIN: INE752H01013

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CARE Ratings Performance

Day Range

  • Low 994
  • High 1,016
₹ 995

52 Week Range

  • Low 831
  • High 1,264
₹ 995
  • Open Price1,016
  • Previous Close1,013
  • Volume22388

CARE Ratings Chart

  • Over 1 Month + 2.16%
  • Over 3 Month -8.33%
  • Over 6 Month -8.01%
  • Over 1 Year + 16.88%

CARE Ratings Key Statistics

P/E Ratio 28.8
PEG Ratio 1.6
Market Cap Cr
Price to Book Ratio 4.1
EPS 39.9
Dividend 1.8
Relative Strength Index 50.77
Money Flow Index 54.99
MACD Signal -3.08
Average True Range 27.82

Care Ratings Investment Rating

  • Master Rating:
  • CARE Ratings has an operating revenue of Rs. 344.19 Cr. on a trailing 12-month basis. An annual revenue growth of 19% is outstanding, Pre-tax margin of 44% is great, ROE of 14% is good. The company has a reasonable debt to equity of 2%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its 200DMA and close to its 50DMA. It needs to take out the 200DMA levels and stay above it to make any further meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 54 which is a POOR score indicating inconsistency in earnings, a RS Rating of 21 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at C+ which is evident from recent supply seen, Group Rank of 150 indicates it belongs to a poor industry group of Comml Svcs-Market Rsrch and a Master Score of C is fair but needs to improve. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

CARE Ratings Financials
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 657567855668
Operating Expenses Qtr Cr 434040403640
Operating Profit Qtr Cr 223524452028
Depreciation Qtr Cr 222222
Interest Qtr Cr 000000
Tax Qtr Cr 81191489
Net Profit Qtr Cr 243522412226
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 330286
Operating Expenses Annual Cr 159139
Operating Profit Annual in Cr 124110
Depreciation Cr 88
Interest Annual Cr 11
Tax Annual Cr 4234
Net Profit Annual Cr 119104
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 10795
Cash from Investing Activity Annual Cr -60-2
Cash from Financing Annual Activity Cr -60-62
Net Cash Flow Annual Cr -1231
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 759695
Fixed Assets Annual Cr 9494
Total Non Current Assets Annual Cr 238208
Total Current Assets Annual Cr 614559
Total Assets Annual Cr 851767
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 254234
ROE Annual % 1615
ROCE Annual % 2119
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 6059
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 799079966678
Operating Expenses Qtr Cr 576155554950
Operating Profit Qtr Cr 222923421827
Depreciation Qtr Cr 333333
Interest Qtr Cr 000001
Tax Qtr Cr 9121014814
Net Profit Qtr Cr 212423351820
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 378317
Operating Expenses Annual Cr 220180
Operating Profit Annual in Cr 11299
Depreciation Cr 1011
Interest Annual Cr 21
Tax Annual Cr 4440
Net Profit Annual Cr 10184
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 9182
Cash from Investing Activity Annual Cr -3913
Cash from Financing Annual Activity Cr -63-63
Net Cash Flow Annual Cr -1132
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 717672
Fixed Assets Annual Cr 107104
Total Non Current Assets Annual Cr 167168
Total Current Assets Annual Cr 675603
Total Assets Annual Cr 842771
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 243229
ROE Annual % 1412
ROCE Annual % 1918
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 4849

CARE Ratings Technicals

EMA & SMA

Current Price
₹995.5
-17.1 (-1.69%)
pointer
  • Bullish Moving Average
  • ___
  • 6
  • Bearish Moving Average
  • ___
  • 10
  • 20 Day
  • ₹992.06
  • 50 Day
  • ₹1,005.41
  • 100 Day
  • ₹1,025.00
  • 200 Day
  • ₹1,005.73
  • 20 Day
  • ₹989.10
  • 50 Day
  • ₹1,002.44
  • 100 Day
  • ₹1,045.64
  • 200 Day
  • ₹1,050.28

CARE Ratings Resistance and Support

PIVOT
₹1,001.5
Resistance
First Resistance 1,009.50
Second Resistance 1,023.50
Third Resistance 1,031.50
RSI 50.77
MFI 54.99
MACD Single Line -3.08
MACD 1.13
Support
First Support 987.50
Second Support 979.50
Third Supoort 965.50

CARE Ratings Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 23,453 1,383,023 58.97
Week 41,110 2,175,931 52.93
1 Month 42,224 2,443,896 57.88
6 Month 50,218 3,074,367 61.22

CARE Ratings Result Highlights

CARE Ratings Synopsis

NSE-Comml Svcs-Market Rsrch

Care Ratings is involved in the business activities of Activities auxiliary to financial service activities. Company’s Total Operating Revenue is Rs. 283.07 Cr. and Equity Capital is Rs. 29.85 Cr. for the Year ended 31/03/2024. CARE Ratings Ltd. is a Public Limited Listed company incorporated on 21/04/1993 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L67190MH1993PLC071691 and registration number is 071691.
Market Cap 3,028
Sales 292
Shares in Float 2.99
No of funds 95
Yield 1.78
Book Value 3.98
U/D Vol ratio 0.9
LTDebt / Equity 2
Alpha
Beta 0.71

CARE Ratings Shareholding Pattern

Owner NameJun-24Mar-24Dec-23Sep-23
Promoters
Mutual Funds 11.36%12.08%11.38%8.92%
Insurance Companies 10.09%10.23%10.27%10.39%
Foreign Portfolio Investors 23.37%22.91%21.67%20.9%
Financial Institutions/ Banks
Individual Investors 28%27.95%29.86%32.95%
Others 27.18%26.83%26.82%26.84%

CARE Ratings Management

Name Designation
Mr. Najib Shah Chairman(NonExe.&Ind.Director)
Mr. Mehul Harshadray Pandya Managing Director & CEO
Mr. V Chandrasekaran Ind. Non-Executive Director
Mr. Adesh Kumar Gupta Ind. Non-Executive Director
Ms. Sonal Gunvant Desai Ind. Non-Executive Director
Dr. M Mathisekaran Ind. Non-Executive Director
Mr. G Mahalingam Ind. Non-Executive Director
Mr. Sobhag Mal Jain Non Exe.Non Ind.Director

CARE Ratings Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

CARE Ratings Corporate Action

Date Purpose Remarks
2024-08-07 Quarterly Results
2024-05-09 Audited Results & Final Dividend
2024-01-24 Quarterly Results
2023-10-31 Quarterly Results & Interim Dividend
2023-08-09 Quarterly Results
Date Purpose Remarks
2024-06-21 FINAL Rs.11.00 per share(110%)Final Dividend
2023-11-10 INTERIM Rs.7.00 per share(70%)Interim Dividend
2023-07-07 FINAL Rs.7.00 per share(70%)Final Dividend
2023-07-07 SPECIAL Rs.8.00 per share(80%)Special Dividend
2023-02-10 INTERIM Rs.10.00 per share(100%)Interim Dividend

CARE Ratings FAQs

What is Share Price of CARE Ratings ?

CARE Ratings share price is ₹995 As on 18 September, 2024 | 02:26

What is the Market Cap of CARE Ratings ?

The Market Cap of CARE Ratings is ₹2976.6 Cr As on 18 September, 2024 | 02:26

What is the P/E ratio of CARE Ratings ?

The P/E ratio of CARE Ratings is 28.8 As on 18 September, 2024 | 02:26

What is the PB ratio of CARE Ratings ?

The PB ratio of CARE Ratings is 4.1 As on 18 September, 2024 | 02:26

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