CARE Ratings (BOM:534804) Total Operating Expense: ₹763 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:534804 CARE Ratings Ltd BOM:534804
81 GF Score
Price ₹1,746.10
GF Value ₹1,709.11
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is CARE Ratings Total Operating Expense?

CARE Ratings BOM:534804 +1.00% 81 Total Operating Expense is ₹763 Mil as of Mar. 2026. 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.

CARE Ratings's Total Operating Expense for the three months ended in Mar. 2026 was ₹212 Mil. CARE Ratings's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₹763 Mil.

CARE Ratings Total Operating Expense Related Terms

CARE Ratings Total Operating Expense Historical Data

* Premium members only.

The historical data trend for CARE Ratings's Total Operating Expense 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 Total Operating Expense Chart

CARE Ratings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 629.23 602.47 789.67 841.67 915.47

CARE Ratings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Operating Expense 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 182.26 158.63 181.43 211.08 211.78
BOM:534804
81GF Score
CARE Ratings Ltd BOM:534804
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CARE Ratings Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹763 Mil.

* 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.

What does a Total Operating Expense of ₹763 Mil mean?
CARE Ratings (BOM:534804) has a Total Operating Expense of ₹763 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on CARE Ratings and its competitors.
Is CARE Ratings' Total Operating Expense too high?
CARE Ratings' current Total Operating Expense is ₹763 Mil. 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' Total Operating Expense compare to SPGI and CME?
CARE Ratings' Total Operating Expense of ₹763 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for a Capital Markets company?
A good Total Operating Expense depends on the Capital Markets industry context. However, Total Operating Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on CARE Ratings and its competitors. CARE Ratings's current Total Operating Expense is ₹763 Mil. 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 Total Operating Expense is ₹763 Mil. 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 Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For CARE Ratings (BOM:534804), the current Total Operating Expense is ₹763 Mil 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:

  • Total Operating Expense: ₹763 Mil
  • GF Value™: ₹1,709.11 vs. price of ₹1,746.10 (2.2% above fair value)
  • GF Score™: 81/100 with 1 warning sign

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 Business Description

Other Exchanges CARERATING: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.
81GF Score

Get the complete analysis for BOM:534804

Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,746.10
Price
₹1,709.11
GF Value