CARE Ratings Limited (NSE:CARERATING)

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	Jun 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash & Equivalents	-	426	488.15	382.86	494.25	176.33
Short-Term Investments	-	5,767	5,924	5,849	5,063	4,400
Cash & Short-Term Investments	6,193	6,193	6,413	6,232	5,557	4,576
Cash Growth	-3.35%	-3.42%	2.89%	12.15%	21.42%	111.26%
Accounts Receivable	-	394.73	349.5	302.21	269.25	234.31
Other Receivables	-	6.97	20.12	10.93	0.77	6.18
Receivables	-	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	-	116.76	104.99	156.22	155.78	792.98
Total Current Assets	-	6,773	6,921	6,745	6,018	5,640
Property, Plant & Equipment	-	1,045	1,016	978.48	973.52	872.91
Long-Term Investments	-	2,944	1,387	503.61	544.74	552.55
Goodwill	-	79.5	79.5	79.5	79.5	79.5
Other Intangible Assets	-	152.87	126.31	90.07	62.12	85.63
Long-Term Deferred Tax Assets	-	1.7	0.13	-	-	23.42
Other Long-Term Assets	-	36.67	36.04	17.07	15.05	17.78
Total Assets	-	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	Jun 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Accounts Payable	-	8	-	4.77	-	51.34
Accrued Expenses	-	548.98	422.03	343.79	316.72	227.83
Current Portion of Leases	-	43.8	32.75	24.08	22.01	32.72
Current Income Taxes Payable	-	32.07	15.61	14.4	-	2.13
Current Unearned Revenue	-	393.47	348.91	269.65	130.96	161.98
Other Current Liabilities	-	150.52	158.75	130.08	108.4	36.32
Total Current Liabilities	-	1,177	978.05	786.77	578.1	512.32
Long-Term Leases	-	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	-	60.26	66.02	54.82	49.39	60.62
Other Long-Term Liabilities	-	97.04	118.57	106.61	81.51	78.08
Total Liabilities	-	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	Jun 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Common Stock	-	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	-	187.36	165.3	158.79	172.04	185.62
Total Common Equity	9,324	9,324	8,063	7,171	6,722	6,475
Minority Interest	-	106.8	92.34	74.56	68.33	53.14
Shareholders' Equity	9,431	9,431	8,155	7,246	6,790	6,528
Total Liabilities & Equity	-	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	Jun 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Total Debt	261.84	261.84	237.69	195.54	174.78	89.13
Net Cash (Debt)	5,931	5,931	6,175	6,037	5,382	4,487
Net Cash Growth	-3.87%	-3.95%	2.29%	12.16%	19.94%	114.29%
Net Cash Per Share	196.86	196.92	205.57	202.18	181.49	151.22
Filing Date Shares Outstanding	30.06	30.05	29.93	29.85	29.7	29.65
Total Common Shares Outstanding	30.06	30.05	29.93	29.85	29.7	29.65
Working Capital	-	5,596	5,943	5,959	5,440	5,127
Book Value Per Share	310.33	310.33	269.37	240.23	226.33	218.40
Tangible Book Value	9,092	9,092	7,857	7,002	6,580	6,310
Tangible Book Value Per Share	302.60	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: Jun 30, 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:

Aug 18, 2026

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