CARE Ratings commenced operations in April 1993 and has established itself as the second-largest credit rating agency in India. CARE Ratings is proud of its rightful place in the Indian capital market built around investor confidence. The company has emerged as the leading agency for covering many rating segments including manufacturing, infrastructure, financial sector including banks, non-financial services among others.

CARE Ratings’ registered office and head office, is located at 4th floor, Godrej Coliseum, Somaiya Hospital Road, Sion (East), Mumbai 400 022. In addition, CARE Ratings has regional offices at Ahmedabad, Bengaluru, Chandigarh, Chennai, Coimbatore, Hyderabad, Jaipur, Kolkata, New Delhi and Pune.

To enhance its scope of business CARE Ratings has been nurturing global opportunities and made forays in different forms:

 * Launched a new international credit rating agency ‘ARC Ratings’ with 4 partners from Brazil, Portugal, Malaysia and South Africa.
 * Established a subsidiary CARE Ratings (Africa) Private Limited (CRAF) in Mauritius with equity partnership from African Development Bank (AfDB). CRAF is recognized by Bank of Mauritius as an External Credit Assessment Institution.
 * Established a subsidiary “CARE Ratings Nepal Ltd” to undertake rating services in Nepal which is licensed by the Securities Board of Nepal. CRNL provides credit ratings and related services inthe geography of Nepal.
 * Entered into strategic alliance with Japan Credit Ratings Agency (JCR).
 * Signed a Memorandum of Understanding (MoU) with Russian Rating Agency - Analytical Credit Rating Agency (ACRA) to assist each other towards developing a multilateral credit rating framework and undertake joint analytical research work.

Care Ratings Ltd.

ICRA Ltd.

CRISIL Ltd.

Market Cap	1,714 Cr		EPS	33.8		High	584
Stock P/E	17.1		Net Profit Margin	41.1		Low	563.15

CARERATING