CARE Ratings (NSE:CARERATING) Gross Margin %: 59.77% (As of Mar. 2026) — Near Median

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NSE:CARERATING CARE Ratings Ltd NSE:CARERATING
84 GF Score
Price ₹1,749.20
GF Value ₹1,719.38
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is CARE Ratings Gross Margin %?

CARE Ratings NSE:CARERATING +1.10% 84 Gross Margin % is 59.77% as of Mar. 2026, which is 4% above its 10-year median of 57.49. GuruFocus rates NSE:CARERATING with a GF Score™ of 84/100 and a GF Value™ of ₹1,719.38 (Fairly Valued). The stock has 1 warning sign investors should review. Among 622 Capital Markets companies, CARE Ratings ranks better than 54.82% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. CARE Ratings's Gross Profit for the three months ended in Mar. 2026 was ₹781 Mil. CARE Ratings's Revenue for the three months ended in Mar. 2026 was ₹1,307 Mil. Therefore, CARE Ratings's Gross Margin % for the quarter that ended in Mar. 2026 was 59.77%.


The historical rank and industry rank for CARE Ratings's Gross Margin % or its related term are showing as below:

NSE:CARERATING' s Gross Margin % Range Over the Past 10 Years
Min: 54.68   Med: 57.49   Max: 78.28
Current: 54.78


During the past 13 years, the highest Gross Margin % of CARE Ratings was 78.28%. The lowest was 54.68%. And the median was 57.49%.

NSE:CARERATING's Gross Margin % is ranked better than
54.82% of 622 companies
in the Capital Markets industry
Industry Median: 50.42 vs NSE:CARERATING: 54.78

CARE Ratings had a gross margin of 59.77% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for CARE Ratings was 0.70% per year.


CARE Ratings  (NSE:CARERATING) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

CARE Ratings had a gross margin of 59.77% for the quarter that ended in Mar. 2026 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


CARE Ratings Gross Margin % Related Terms


CARE Ratings Gross Margin % Historical Data

* Premium members only.

The historical data trend for CARE Ratings's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

CARE Ratings Gross Margin % Chart

CARE Ratings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 54.68 55.51 54.78 56.81 58.16

CARE Ratings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 57.03 42.81 60.93 51.51 59.77

NSE:CARERATING vs SPGI, CME, ICE: Gross Margin % Comparison

For the Financial Data & Stock Exchanges subindustry, CARE Ratings's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CARE Ratings Gross Margin % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, CARE Ratings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where CARE Ratings's Gross Margin % falls into.


NSE:CARERATING
84GF Score
CARE Ratings Ltd NSE:CARERATING
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CARE Ratings Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

CARE Ratings's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=2751.6 / 4730.705
=(Revenue - Cost of Goods Sold) / Revenue
=(4730.705 - 1979.152) / 4730.705
=58.16 %

CARE Ratings's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=781 / 1306.701
=(Revenue - Cost of Goods Sold) / Revenue
=(1306.701 - 525.653) / 1306.701
=59.77 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 59.77% mean?
CARE Ratings (NSE:CARERATING) has a Gross Margin % of 59.77% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on CARE Ratings and its competitors. This is near median its historical median of 57.49. Over the past decade, CARE Ratings' Gross Margin % has ranged from 54.68 to 78.28. According to the industry distribution chart, CARE Ratings ranks #281 out of 622 companies in the Capital Markets industry, placing it in the top 45.2%.
Is CARE Ratings' Gross Margin % too high?
CARE Ratings' current Gross Margin % of 59.77% is near median its 10-year median of 57.49. Over the past 10 years, this metric has ranged from a low of 54.68 to a high of 78.28. The Capital Markets industry median Gross Margin % is 50.42. CARE Ratings' value of 59.77% is 18.5% above this industry median. Based on the distribution chart, CARE Ratings ranks #281 out of 622 companies in the Capital Markets industry, which is above the industry midpoint. Overall, CARE Ratings has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CARE Ratings' Gross Margin % compare to SPGI and CME?
According to the Capital Markets industry distribution chart, CARE Ratings ranks #281 out of 622 companies for Gross Margin %. This puts CARE Ratings in the upper half of its industry. The industry median Gross Margin % is 50.42. CARE Ratings' value of 59.77% is 18.5% above this benchmark. Historically, CARE Ratings' own Gross Margin % has ranged from 54.68 to 78.28 over the past decade. While the company's 10-year median is 57.49 vs. the industry median of 50.42, CARE Ratings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Capital Markets company?
The median Gross Margin % among Capital Markets companies is 50.42, based on 622 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CARE Ratings's current Gross Margin % of 59.77% is 18.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on CARE Ratings and its competitors. For the Capital Markets industry, the median Gross Margin % is 50.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CARE Ratings's current Gross Margin % is 59.77%, which is near median its own 10-year median of 57.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CARE Ratings stock overvalued right now?
Based on GuruFocus' analysis, CARE Ratings (NSE:CARERATING) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,719.38, compared to a current price of ₹1,749.20 — trading 1.7% above its estimated fair value. The current Gross Margin % is 59.77%, which is near median its 10-year median of 57.49 and 18.5% above the Capital Markets industry median of 50.42. CARE Ratings' overall GF Score™ is 84/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For CARE Ratings (NSE:CARERATING), the current Gross Margin % is 59.77% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is CARE Ratings (NSE:CARERATING) Overvalued in 2026?

Based on GuruFocus' analysis, CARE Ratings stock appears to be overvalued. The current stock price of ₹1,749.20 is trading 1.7% above its estimated GF Value™ of ₹1,719.38. GuruFocus considers CARE Ratings to be Fairly Valued.

Key valuation signals for NSE:CARERATING:

  • Gross Margin %: 59.77% (near median its 10-year median of 57.49)
  • GF Value™: ₹1,719.38 vs. price of ₹1,749.20 (1.7% above fair value)
  • GF Score™: 84/100 with 1 warning sign
  • Industry Position: 18.5% above the Capital Markets median (#281 of 622)

No single metric tells the full story. See the NSE:CARERATING stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CARE Ratings Business Description

Other Exchanges 534804:India
Address Somaiya Hospital Road, Off Eastern Express Highway, 4th Floor, Godrej Coliseum, Sion (East), Mumbai, MH, IND, 400 022
CARE Ratings Ltd provides various credit ratings that helps corporates to raise capital for their various requirements and assists the investors to form an informed investment decision based on the credit risk and their own risk-return expectations. The company works in Bank Loan Ratings; Capital Market Instruments, Including NCDs/ Bonds/ Hybrids/ CPs/CDs, etc; Structured Finance Ratings; Monitoring Agency Services for Equity Capital; Rating of REITs /InvITs; Resolution Plan Ratings; Recovery Ratings; Issuer Ratings. The company's segment includes Ratings and related services; and Others. The company generates majority of revenue from Ratings and related services. The company has presence in India, and Outside India. It generates majority of revenue from India.
84GF Score

Get the complete analysis for NSE:CARERATING

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,749.20
Price
₹1,719.38
GF Value