Care Ratings Limited Q2 FY27: Operating Income Up 20% Yoy

CARE Ratings Limited (NSE: CARE) has announced its unaudited financial results for the quarter ended 30th September 2026. The company reported a 20% year-on-year increase in operating income, reflecting robust performance across its ratings and non-ratings businesses.

Financial Highlights

The company’s operating income for Q2 FY27 stood at Rs. 164.13 Crs, marking a 20% growth compared to the same period last year. The earnings per share (EPS) also saw a significant rise, reaching Rs. 23.88, up from Rs. 22.98 in the previous quarter. The profit after tax (PAT) increased by 26% to Rs. 72.37 Crs, highlighting the company’s strong financial health.

Segmental Performance

The ratings business of CARE Ratings Limited grew by 21% year-on-year to Rs. 148.51 Crs, while the non-ratings business also experienced a 15% growth to Rs. 15.62 Crs. The consolidated EBITDA margin improved to 23%, and the PAT margin stood at 26%, indicating efficient cost management and operational efficiency.

Moreover, the company’s consolidated operating income for the half-year ended 30th September 2026 increased by 20% to Rs. 275.81 Crs. The consolidated PAT for the same period rose by 26% to Rs. 105.36 Crs, showcasing sustained growth and profitability.

As a result, the company’s overall performance for H1 FY27 has been impressive, with a 17% increase in standalone operating income and a 20% rise on a consolidated basis. The ratings and non-ratings businesses both reported robust growth of 20% and 18% respectively, underscoring the company’s diversified revenue streams and strong market position.

Looking ahead, CARE Ratings Limited remains committed to its mission of delivering clarity, conviction, and quality-led growth across all its segments. The company’s resilience in the face of global economic challenges and its ability to sustain growth reflect its strategic focus and operational excellence.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of CARE Ratings Limited

CARE Ratings Limited belongs to the Financial Services › Financial Data & Stock Exchanges sector. Here’s a quick read on where the business and the stock stand today.

CARE moves sideways over three months, with neither buyers nor sellers taking control. Industry-leading margins of 36.2% reflect exceptional pricing power and operational efficiency. The business compounds revenue at 19.2% and profits at 27.0% CAGR. That is strong double-digit growth on both counts. Buyers show up with 1.9x the volume of sellers. Moreover, they dominated on 16 of recent sessions versus 14 for sellers — a healthy accumulation pattern. Revenue grows at 19.2% and profits at 27.0%. The business is in good shape. Moreover, a stock that does not move despite strong fundamentals often offers better value than one already priced for perfection. Check Fundamentals of CARE Ratings Limited.