Integrated Filing — IndAS



General information about company

Scrip Code 534804
NSE Symbol CARERATING
MSEI Symbol NA
ISIN INE752H01013
Name of company CARE RATINGS LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2026
Date of end of financial year 31-03-2027
Date of board meeting when results were approved 07-08-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 29-07-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter First quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 07-08-2026   11:30:00
End date and time of board meeting 07-08-2026   17:30:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026 01-04-2026
B Date of end of reporting period 30-06-2026 30-06-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 11,167.95 11,167.95
Other income 1,479.94 1,479.94
Total income 12,647.89 12,647.89
2 Expenses
(a) Cost of materials consumed 0.00 0.00
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0.00 0.00
(d) Employee benefit expense 5,919.52 5,919.52
(e) Finance costs 60.21 60.21
(f) Depreciation, depletion and amortisation expense 385.81 385.81
(f) Other Expenses
1 Other Expenses 1,785.17 1,785.17
Total other expenses 1,785.17 1,785.17
Total expenses 8,150.71 8,150.71
3 Total profit before exceptional items and tax 4,497.18 4,497.18
4 Exceptional items 0.00 0.00
5 Total profit before tax 4,497.18 4,497.18
6 Tax expense
7 Current tax 1,307.65 1,307.65
8 Deferred tax (109.73) (109.73)
9 Total tax expenses 1,197.92 1,197.92
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 3,299.26 3,299.26
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 3,299.26 3,299.26
17 Other comprehensive income net of taxes (10.29) (10.29)
18 Total Comprehensive Income for the period 3,288.97 3,288.97
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 3,225.89 3,225.89
Total profit or loss, attributable to non-controlling interests 73.37 73.37
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 3,211.22 3,211.22
Total comprehensive income for the period attributable to owners of parent non-controlling interests 77.75 77.75
21 Details of equity share capital
Paid-up equity share capital 3,006.04 3,006.04
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 10.73 10.73
Diluted earnings (loss) per share from continuing operations 10.7 10.7
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 10.73 10.73
Diluted earnings (loss) per share from continuing and discontinued operations 10.7 10.7
24 Debt equity ratio 0 0
25 Debt service coverage ratio 0 0
26 Interest service coverage ratio 0 0
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1. The above results have been reviewed by the Audit Committee and approved by the Board of Directors of the Company at its meeting held on August 07, 2026 and have been subjected to limited review by the statutory auditors of the Company. 2. The consolidated financial results include results of CARE Ratings Limited and its subsidiaries namely CARE Analytics and Advisory Private Limited, CARE ESG Ratings Limited, CARE Ratings (Africa) Private Limited, CARE Ratings South Africa (Pty) Limited, CARE Ratings Nepal Limited and CareEdge Global IFSC Limited. 3. The accompanying financial results have been prepared as per the format prescribed under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as modified by Circular No. CIR/CFD/FAC/62/2016 dated July 5, 2016. 4. The financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) notified under the Companies (Indian Accounting Standards) Rules, 2015 (as amended from time to time) read with section 133 of the Companies Act, 2013. 5. The Company has allotted 13,400 equity shares of Rs.10 each pursuant to exercise of employee stock options during Q1 FY 26-27. As per Ind AS 102 – Share Based Payment, total cost of ESOS 2020 is recognised over vesting period. ESOP Cost for Q1FY27 is Rs.57.37 lakhs. 6. The figures for the quarter ended March 31, 2026 in the above financial results are the balancing figures between the audited figures for the full previous financial year ended March 31, 2026 and the year to date unaudited limited reviewed figures published up to the nine months ended December 31, 2025.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2026 01-04-2026
Date of end of reporting period 30-06-2026 30-06-2026
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Ratings and related services 9,871.37 9,871.37
2 Others 1,350.51 1,350.51
Total Segment Revenue 11,221.88 11,221.88
Less: Inter segment revenue 53.93 53.93
Revenue from operations 11,167.95 11,167.95
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Ratings and related services 4,512.16 4,512.16
2 Others (14.36) (14.36)
Total Profit before tax 4,497.80 4,497.80
i. Finance cost 60.21 60.21
ii. Other Unallocable Expenditure net off Unallocable income (59.59) (59.59)
Profit before tax 4,497.18 4,497.18
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Ratings and related services 97,765.32 97,765.32
2 Others 4,321.75 4,321.75
Total Segment Asset 1,02,087.07 1,02,087.07
Un-allocable Assets 12,585.56 12,585.56
Net Segment Asset 1,14,672.63 1,14,672.63
4 Segment Liabilities
Segment Liabilities
1 Ratings and related services 13,183.17 13,183.17
2 Others 3,635.24 3,635.24
Total Segment Liabilities 16,818.41 16,818.41
Un-allocable Liabilities 0.00 0.00
Net Segment Liabilities 16,818.41 16,818.41
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026 01-04-2026
B Date of end of reporting period 30-06-2026 30-06-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Items that will not be reclassified to profit and loss (33.43) (33.43)
Total Amount of items that will not be reclassified to profit and loss (33.43)
2 Income tax relating to items that will not be reclassified to profit or loss (4.85) (4.85)
3 Amount of items that will be reclassified to profit and loss
1 Items that will be reclassified to profit and loss 18.29 18.29
Total Amount of items that will be reclassified to profit and loss 18.29
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income (10.29) (10.29)