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CARE RatingsBOM:534804 +1.00%81 Net Margin % is 40.43% as of Mar. 2026, which is 15% above its 10-year median of 35.07. GuruFocus rates BOM:534804 with a GF Score™ of 81/100 and a GF Value™ of ₹1,709.11 (Fairly Valued). The stock has 1 warning sign investors should review. Among 777 Capital Markets companies, CARE Ratings ranks better than 74% on this metric.
Net margin is calculated as Net Income divided by its Revenue. CARE Ratings's Net Income for the
three
months ended in Mar. 2026 was ₹528 Mil. CARE Ratings's Revenue for the
three
months ended in Mar. 2026 was ₹1,307 Mil. Therefore, CARE Ratings's net margin for the quarter that ended in Mar. 2026 was 40.43%.
The historical rank and industry rank for CARE Ratings's Net Margin % or its related term are showing as below:
BOM:534804'
s Net Margin % Range Over the Past 10 Years
Min: 29.94 Med: 35.07 Max: 51.37
Current: 36.18
BOM:534804's Net Margin % is ranked better than 74% of 777
companies
in the Capital Markets industry
Industry Median: 14.86
vs BOM:534804: 36.18
CARE Ratings (BOM:534804) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
CARE Ratings Net Margin % Related Terms
CARE Ratings Net Margin % Historical Data
* Premium members only.
The historical data trend for CARE Ratings's Net 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.
BOM:534804 vs SPGI, CME, ICE: Net Margin % Comparison
For the Financial Data & Stock Exchanges subindustry, CARE Ratings's Net Margin %, along with its competitors' market caps and Net 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 Net Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, CARE Ratings's Net Margin % distribution charts can be found below:
* The bar in red indicates where CARE Ratings's Net Margin % falls into.
* 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 (BOM:534804) has a Net Margin % of 40.43% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on CARE Ratings and its competitors. This is 15% above median its historical median of 35.07. Over the past decade, CARE Ratings' Net Margin % has ranged from 29.94 to 51.37. According to the industry distribution chart, CARE Ratings ranks #202 out of 777 companies in the Capital Markets industry, placing it in the top 26%.
Is CARE Ratings' Net Margin % too high?
CARE Ratings' current Net Margin % of 40.43% is 15% above median its 10-year median of 35.07. Over the past 10 years, this metric has ranged from a low of 29.94 to a high of 51.37. The Capital Markets industry median Net Margin % is 14.86. CARE Ratings' value of 40.43% is 172.1% above this industry median. Based on the distribution chart, CARE Ratings ranks #202 out of 777 companies in the Capital Markets industry, which is above the industry midpoint. Overall, CARE Ratings has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CARE Ratings' Net Margin % compare to SPGI and CME?
According to the Capital Markets industry distribution chart, CARE Ratings ranks #202 out of 777 companies for Net Margin %. This puts CARE Ratings in the upper half of its industry. The industry median Net Margin % is 14.86. CARE Ratings' value of 40.43% is 172.1% above this benchmark. Historically, CARE Ratings' own Net Margin % has ranged from 29.94 to 51.37 over the past decade. While the company's 10-year median is 35.07 vs. the industry median of 14.86, 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 Net Margin % for a Capital Markets company?
The median Net Margin % among Capital Markets companies is 14.86, based on 777 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CARE Ratings's current Net Margin % of 40.43% is 172.1% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on CARE Ratings and its competitors. For the Capital Markets industry, the median Net Margin % is 14.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CARE Ratings's current Net Margin % is 40.43%, which is 15% above median its own 10-year median of 35.07. 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 (BOM:534804) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,709.11, compared to a current price of ₹1,746.10 — trading 2.2% above its estimated fair value. The current Net Margin % is 40.43%, which is 15% above median its 10-year median of 35.07 and 172.1% above the Capital Markets industry median of 14.86. CARE Ratings' overall GF Score™ is 81/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For CARE Ratings (BOM:534804), the current Net Margin % is 40.43% 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 (BOM:534804) Overvalued in 2026?
Based on GuruFocus' analysis, CARE Ratings stock appears to be overvalued.
The current stock price of ₹1,746.10 is trading 2.2% above its estimated GF Value™ of ₹1,709.11.
GuruFocus considers CARE Ratings to be Fairly Valued.
Key valuation signals for BOM:534804:
Net Margin %: 40.43% (15% above median its 10-year median of 35.07)
GF Value™: ₹1,709.11 vs. price of ₹1,746.10 (2.2% above fair value)
Industry Position: 172.1% above the Capital Markets median (#202 of 777)
No single metric tells the full story. See the BOM:534804 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
81GF Score
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Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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