CARE Ratings Limited (BOM:534804)

CARE Ratings Balance Sheet

Financials in millions INR. Fiscal year is April - March.

Assets

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash & Equivalents	1,794	426	488.15	382.86	494.25	176.33
Short-Term Investments	6,506	5,767	5,924	5,849	5,063	4,400
Cash & Short-Term Investments	8,300	6,193	6,413	6,232	5,557	4,576
Cash Growth	27.82%	-3.42%	2.89%	12.15%	21.42%	111.26%
Accounts Receivable	878.34	394.73	349.5	302.21	269.25	234.31
Other Receivables	99.24	6.97	20.12	10.93	0.77	6.18
Receivables	993.38	419.76	382.01	322.67	272.92	242.68
Prepaid Expenses	-	43.52	21.63	34.3	32.29	27.65
Other Current Assets	195.46	116.76	104.99	156.22	155.78	792.98
Total Current Assets	9,489	6,773	6,921	6,745	6,018	5,640
Property, Plant & Equipment	988.54	1,045	1,016	978.48	973.52	872.91
Long-Term Investments	724.87	2,944	1,387	503.61	544.74	552.55
Goodwill	79.5	79.5	79.5	79.5	79.5	79.5
Other Intangible Assets	165.22	152.87	126.31	90.07	62.12	85.63
Long-Term Deferred Tax Assets	1.68	1.7	0.13	-	-	23.42
Other Long-Term Assets	499.04	36.67	36.04	17.07	15.05	17.78
Total Assets	11,959	11,047	9,577	8,418	7,696	7,274

Liabilities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Accounts Payable	188.16	8	-	4.77	-	51.34
Accrued Expenses	-	548.98	422.03	343.79	316.72	227.83
Current Portion of Leases	46.76	43.8	32.75	24.08	22.01	32.72
Current Income Taxes Payable	110.82	32.07	15.61	14.4	-	2.13
Current Unearned Revenue	-	393.47	348.91	269.65	130.96	161.98
Other Current Liabilities	1,062	150.52	158.75	130.08	108.4	36.32
Total Current Liabilities	1,408	1,177	978.05	786.77	578.1	512.32
Long-Term Leases	194.46	218.05	204.94	171.47	152.77	56.41
Pension & Post-Retirement Benefits	-	63.94	54.84	52.07	44	38.55
Long-Term Deferred Tax Liabilities	45.65	60.26	66.02	54.82	49.39	60.62
Other Long-Term Liabilities	173.47	97.04	118.57	106.61	81.51	78.08
Total Liabilities	1,821	1,616	1,422	1,172	905.77	745.98

Shareholders' Equity

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Common Stock	301.18	300.47	299.32	298.52	297.01	296.47
Additional Paid-In Capital	-	1,014	925.64	875.37	757.48	736.96
Retained Earnings	-	7,823	6,672	5,839	5,496	5,256
Comprehensive Income & Other	9,720	187.36	165.3	158.79	172.04	185.62
Total Common Equity	10,021	9,324	8,063	7,171	6,722	6,475
Minority Interest	117.27	106.8	92.34	74.56	68.33	53.14
Shareholders' Equity	10,138	9,431	8,155	7,246	6,790	6,528
Total Liabilities & Equity	11,959	11,047	9,577	8,418	7,696	7,274

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Total Debt	241.22	261.84	237.69	195.54	174.78	89.13
Net Cash (Debt)	8,059	5,931	6,175	6,037	5,382	4,487
Net Cash Growth	29.16%	-3.95%	2.29%	12.16%	19.94%	114.29%
Net Cash Per Share	267.35	196.92	205.57	202.18	181.49	151.22
Filing Date Shares Outstanding	30.09	30.05	29.93	29.85	29.7	29.65
Total Common Shares Outstanding	30.09	30.05	29.93	29.85	29.7	29.65
Working Capital	8,081	5,596	5,943	5,959	5,440	5,127
Book Value Per Share	333.06	310.33	269.37	240.23	226.33	218.40
Tangible Book Value	9,776	9,092	7,857	7,002	6,580	6,310
Tangible Book Value Per Share	324.92	302.60	262.49	234.55	221.56	212.83
Buildings	-	754.98	750.71	729.95	729.95	723.88
Machinery	-	355.93	360.91	318.92	279.16	218.67
Leasehold Improvements	-	35.04	20.02	16.74	2.23	1.29

Data Source: S&P Global Market Intelligence Last updated: Oct 29, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Oct 31, 2026

Data Sources Report a data error