Care Ratings Limited

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1993 | Mumbai, Maharashtra (India) | Active
Last Updated: July 05, 2024

Care Ratings Profile

Key Indicators

  • Authorised Capital ₹ 35.00 Cr
  • Paid Up Capital ₹ 29.88 Cr
  • Company Age 31 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.41 Cr
  • Revenue Growth 15.47%
  • Profit Growth 22.88%
  • Ebitda 27.66%
  • Net Worth 6.86%
  • Total Assets 8.27%

About Care Ratings

Care Ratings Limited (CRL) is a leading Public Limited Indian Non-Government Company incorporated in India on 21 April 1993 and has a history of 31 years and nine months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 534804 and on the National Stock Exchange(NSE) under CARERATING.

The Corporate was formerly known as Care Ratings Limited. The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 35.00 Cr and a paid-up capital of Rs 29.88 Cr.

The company currently has active open charges totaling ₹1.41 Cr.

The Key Managerial Personnel (KMP) at Care Ratings Limited India are Nehal Shah as COMPANY SECRETARY and Jinesh Shah as Cfo. Adesh Kumar, Venkatadri Chandrasekaran, Mathisekaran Madasamy, and Five other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L67190MH1993PLC071691

  • Company No.

    071691

  • Stock Symbol

    BSE : 534804 NSE : CARERATING

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    21 Apr 1993

  • Date of AGM

    28 Jul 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Financial Services

What products or services does Care Ratings Limited offer?

Care Ratings Limited offers a wide range of products and services, including Banks and Banking Services, Banking Service.

Who are the key members and board of directors at Care Ratings?

Executive Team (3)

NameDesignationAppointment DateStatus
Nehal Shah Country flag representing In Company Secretary12-Jun-2021Current
Mehul Pandya Country flag representing In Managing Director29-Jul-2022Current
Jinesh Shah CFO12-Jun-2021Current

Board Members (7)

NameDesignationAppointment DateStatus
Venkatadri Chandrasekaran Country flag representing In Director 15-Nov-2017Current
Sonal Desai Country flag representing In Director 30-Mar-2019Current
Najib Shah Country flag representing In Director 17-Jul-2019Current
Mathisekaran Madasamy Country flag representing In Director 19-Aug-2019Current
Adesh Kumar Country flag representing In Director 22-May-2018Current
Sobhag Jain Additional Director 28-Jan-2023Current

Financial Performance of Care Ratings.

Care Ratings Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.47% increase. The company also saw a substantial improvement in profitability, with a 22.88% increase in profit. The company's net worth moved up by a moderate rise of 6.86%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
15.47%
Revenue from Operations
13.48%
Total Assets
8.27%
Profit or Loss
22.88%
Net Worth
6.86%
EBITDA
27.66%

What is the Ownership and Shareholding Structure of Care Ratings?

In 2023, Care Ratings had a public holding of 100.00%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.41 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 1.41 Cr

Latest Charge Details

DateLenderAmountStatus
30 Nov 2021Hdfc Bank Limited₹3.14 MOpen
30 Nov 2021Hdfc Bank Limited₹1.10 CrOpen

How Many Employees Work at Care Ratings?

Care Ratings has a workforce of 571 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Care Ratings, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Care Ratings's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Care Ratings

Recent activity within the organization

  • Annual General Meeting

    Care Ratings Limited last Annual general meeting of members was held on 28 Jul 2023 as per latest MCA records.

    28 Jul 2023

  • Balance Sheet

    Care Ratings Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Mahalingam G was appointed as a Director was appointed as a Director on 21 Nov 2022 & has been associated with this company since 2 years 2 months .

    21 Nov 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.31 Cr with Charge ID 100511428 was registered on 30 Nov 2021.

    30 Nov 2021

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.10 Cr with Charge ID 100511433 was registered on 30 Nov 2021.

    30 Nov 2021

  • Director Appointment

    Mathisekaran Madasamy was appointed as a Director was appointed as a Director on 19 Aug 2019 & has been associated with this company since 5 years 5 months .

    19 Aug 2019

Frequently asked questions

  • Care Ratings Limited was incorporated on 21 Apr 1993.

  • The authorized share capital of Care Ratings Limited is ₹ 35.00 Cr and paid-up capital is ₹ 29.88 Cr.

  • Currently 10 directors are associated with Care Ratings Limited.

    • Adesh Gupta Kumar
    • Venkatadri Chandrasekaran
    • Mathisekaran Madasamy
    • Mehul Harshadray Pandya
    • Sonal Gunvant Desai
    • Najib Shah
    • Sobhag Jain
    • Mahalingam G
    • Nehal Navinchandra Shah
    • Jinesh Jitendra Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Care Ratings Limited is Godrej Coliseum 4Th Flr Somaiya Hosp Road, Off E Exp Highway Sion E, Mumbai, Maharashtra, India, 400022.

  • The corporate identification number (CIN) of Care Ratings Limited is L67190MH1993PLC071691 and the company number is 071691 as per Ministry of Corporate Affairs (MCA).

  • Yes, Care Ratings Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): CARERATING.

  • The Official website of Care Ratings Limited is https://www.careratings.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Care Ratings Limited has risen by 15.47%.

  • As Per 2023 financial reports, 571 employees are currently employed by Care Ratings Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Care Ratings Limited has experienced an upsurge of 6.86%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Care Ratings Limited amount to ₹ 1.41 Cr.

  • The most recent Balance Sheet for Care Ratings Limited was filed with the ROC on 31 Mar 2023.

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