About CARE Ratings Ltd 
CARE Ratings Ltd
Small Cap
Capital Markets
CARE Ratings Limited was formerly incorporated as Credit Analysis & Research Limited (CARE) on April 21, 1993. The Company then changed its name from Credit Analysis & Research Limited to CARE Ratings Limited on February 22, 2017. Credit Analysis & Research Ltd (CARE) commenced its operations in 1993 has established itself as the leading credit rating agency of India.
Company Coordinates 
Company Details
4th Floor Godrej Coliseum, Somaiya Hospital Road Sion(E) Mumbai Maharashtra : 400022
Registrar Details
Karvy Computershare Pvt Ltd, Karvy House , 46 Avenue 4, Street No 1, Banjara Hills, Hyderabad
Capital Structure 
Present Equity Capital
INR 29.90 Cr
Number of Shares
2.99 Cr
Face Value
INR 10.0
Date
Number
of Shares(Cr)
of Shares(Cr)
Equity
Capital (Rs Cr)
Capital (Rs Cr)
Shares Added
Face Value (Rs)
Reason
02-Sep-2024
2.99
29.90
1000
10
Issued under ESOP Scheme
06-Aug-2024
2.99
29.90
5000
10
Issued under ESOP Scheme
10-Jul-2024
2.99
29.89
17501
10
Issued under ESOP Scheme
10-Jun-2024
2.99
29.88
7332
10
Issued under ESOP Scheme
13-May-2024
2.99
29.87
2000
10
Issued under ESOP Scheme
12-Mar-2024
2.99
29.85
7200
10
Issued under ESOP Scheme
11-Feb-2024
2.98
29.84
3100
10
Issued under ESOP Scheme
07-Jan-2024
2.98
29.84
68868
10
Issued under ESOP Scheme
26-Sep-2023
2.98
29.77
42735
10
Issued under ESOP Scheme
21-Jun-2023
2.97
29.73
29598
10
Issued under ESOP Scheme
Shareholding Snapshot
Shareholding Compare (%holding) 
Majority shareholders
Non Institution
Pledged Promoter Holdings
None
Mutual Funds
Held by 9 Schemes (16.64%)
FIIs
Held by 98 FIIs (23.0%)
Promoter with highest holding
None
Highest Public shareholder
Life Insurance Corporation Of India (9.55%)
Individual Investors Holdings
25.33%
Management
Designation
Remuneration
Venkatadri Chandrasekaran
Independent Director
31.1 lacs
Adesh Kumar Gupta
Non-Exec. & Independent Dir.
30.6 lacs
Sonal Desai
Non-Exec. & Independent Dir.
28.1 lacs
Najib Shah
Chairman & Independent Directo
40.7 lacs
M Mathisekaran
Non-Exec. & Independent Dir.
25.6 lacs
nehal shah
Company Sec. & Compli. Officer
0
MEHUL HARSHADRAY PANDYA
Managing Director & CEO
2.71 cr
Gurumoorthy Mahalingam
Independent Director
17.6 lacs
Sobhag Mal Jain
Director
1.5 lacs
Raw Materials Dashboard 
Raw Materials
Amount(Rs Cr)
% of RM Cost
No Data Available for Raw Material Segmentation
No Data Available
Finished Goods Dashboard 
Finished Goods
Amount(Rs Cr)
% of Sales Turnover
Sale of Publications/Information Services
2.58
0.87%
Sale of Publications/Information Services
Sale of Publications/Information Services
Revenue and Profits:
Net Sales:
112 Cr
(Quarterly Results - Dec 2025)
Net Profit:
36 Cr
Capital Markets
INR 4,471 Cr (Small Cap)
27.00
35
0.52%
-0.34
17.73%
5.35






