CARE Ratings' 31.01% margin trails peer median by 33.42 points
Other income of Rs 14.8 cr supported consolidated pre-tax profit of Rs 44.97 cr in Q1FY27.
Filed 07 Aug 2026, 17:56 IST · after market close · CARE Ratings Ltd (CARERATING)
Key takeaways
- CARE Ratings reported consolidated Q1FY27 operating profit of Rs 34.63 cr at a 31.01% operating margin, with Rs 14.8 cr of other income also supporting pre-tax profit.
- Its 31.01% operating margin was 33.42 percentage points below the median for 55 Financial Services peers that had reported the quarter.
- The company filed its results after market close at 17:56 IST on 07 Aug 2026, so no immediate stock reaction is covered.
Price around the results
Other income was a meaningful part of Q1 profit
CARE Ratings' consolidated operating profit was Rs 34.63 cr, while other income contributed Rs 14.8 cr to profit before tax of Rs 44.97 cr. With interest at Rs 0.6 cr and depreciation at Rs 3.86 cr, the result was not driven by operating income alone. The tax rate was 26.64%, leaving net profit at Rs 32.99 cr and EPS at Rs 10.73.
Operating margin sat well below the sector comparison
The company's 31.01% operating margin was 33.42 percentage points below the 64.43% median among 55 Financial Services peers that had reported the same quarter. CARE Ratings ranked 10th from the bottom on this measure, placing its operating profitability near the weaker end of the reported peer set.
After-close filing limits the reaction read-through
CARE Ratings filed the consolidated results after market close at 17:56 IST on 07 Aug 2026. The quarter therefore has no immediate market reaction to assess in this release-day note.
Q1FY27 at a glance
Consolidated figures as filed with NSE — cross-checked against an independent source.
| Line item | Q1FY27 |
|---|---|
| Revenue | ₹112 cr |
| Other income | ₹15 cr |
| Expenses | ₹77 cr |
| Operating profit | ₹35 cr |
| Operating margin (%) | 31.01% |
| Interest | ₹1 cr |
| Depreciation | ₹4 cr |
| Profit before tax | ₹45 cr |
| Tax | ₹12 cr |
| Net profit | ₹33 cr |
| EPS (₹) | ₹10.73 |
Operating margin of 31.01% compares with a Financial Services sector median of 64.43% across 55 peers that have reported Q1FY27.
What to watch
- Whether operating margin moves from 31.01% in the next reported quarter.
- The next reported other-income figure against Rs 14.8 cr.
- Whether the tax rate changes from 26.64%.