Care Ratings Turns In Robust FY26 Scorecard, Rewards Investors Generously

Nikunj Parikh May 13, 2026 360 Views

Care Ratings has reported a robust Q4 FY26 with consolidated revenue from operations of about 1.31 billion rupees and net profit attributable to shareholders of around 528 million rupees, alongside a higher final dividend of 14 rupees per share. The rating agency also approved ESOP grants, confirmed unmodified audit opinions and set its AGM date, underscoring confidence in growth and governance.

Care Ratings Limited informed exchanges that its board met on May 13, 2026, to approve audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The board also cleared a generous dividend proposal, re-appointed its statutory auditors and greenlit fresh stock options for employees under its ESOP 2020 plan.

Earnings Performance And Profitability

For Q4 FY26, consolidated revenue from operations stood at 13,067.01 lakh rupees, with total income at 14,637.72 lakh rupees. Quarterly consolidated net profit was 5,344.86 lakh rupees, of which 5,283.45 lakh rupees was attributable to owners, translating into basic earnings per share of 17.58 rupees. For FY26, revenue from operations rose to 47,307.05 lakh rupees and net profit attributable to shareholders to 17,117.68 lakh rupees, with full-year basic EPS at 57.06 rupees.

Dividends, ESOPs And Strategic Initiatives

The board recommended a final dividend of 14 rupees per equity share, on top of an interim dividend of 8 rupees per share already paid in Q2 FY26, taking total FY26 dividend to 22 rupees per share. It re-appointed B S R & Co. LLP as statutory auditors for a fresh five-year term, subject to shareholder approval, and granted 55,000 stock options under the CARE ESOP 2020 scheme at an exercise price of 1,590 rupees. The company also flagged ongoing discussions to sell a partial stake in subsidiary CareEdge Global IFSC Limited to State Bank of India and NSE IFSC, with documentation taking longer than initially expected.

Key Highlights

Q4 FY26 consolidated revenue from operations at about 1.31 billion rupees
Quarterly consolidated net profit around 528 million rupees attributable to owners
Full-year FY26 revenue from operations at 47,307.05 lakh rupees
FY26 net profit attributable to shareholders at 17,117.68 lakh rupees
Final dividend of 14 rupees per share; total FY26 dividend 22 rupees per share
Unmodified audit opinions on standalone and consolidated FY26 results
Re-appointment of B S R & Co. LLP as statutory auditors for five years
Grant of 55,000 ESOPs under CARE Employee Stock Option Scheme 2020
Ongoing negotiations to sell partial stake in CareEdge Global IFSC Limited