Overview
CAREEDGE Ratings has ratings on more than 25,400 large and mid-scale corporates and financial institutions. Our capabilities span the entire range of debt instruments. We improve access to funding for issuers and borrowers and help optimise their cost of funds. For investors and lenders, we supplement internal evaluation processes and benchmark credit quality across investment options. We help the markets function better and also assist regulators in measuring and managing credit risks at a systemic level.
Our ratings are used in computation of capital adequacy in the banking sector and to determine the eligible investment pool for insurance companies, pension funds and provident funds. We have also rated or assessed over 110,000 Micro, Small and Medium Enterprises (MSMEs) in India.
Companies Rated and RAted
Total Awards in the Finance Sector
Companies Rated and RAted
Total Awards in the Finance Sector
Rating Resources
CARE undertakes a rating exercise based on information provided by the company, in-house databases and data from other sources that CARE considers reliable. CARE does not undertake unsolicited ratings. The primary focus of the rating exercise is to assess future cash generation capability of the company and its adequacy to meet debt obligations, even in adverse conditions. The analysis attempts to determine the long-term fundamentals and the probabilities of change in these fundamentals. The analytical framework of CARE's rating methodology is divided into two interdependent segments. The first deals with the operational characteristics and the second with the financial characteristics.
CARE Ratings’ credit ratings are its opinion on the relative ability and willingness of the issuer to meet the debt service obligations as and when they arise. Rating determination is a matter of experienced and holistic judgement, based on the relevant quantitative and qualitative factors affecting the credit quality of the issuer. CARE Ratings has based its ratings/outlooks on information obtained from sources believed by it to be accurate and reliable. Within the corporate sector, CARE Ratings rates debt instruments and bank facilities of manufacturing entities, service entities, trading entities, PSUs etc.
CARE Ratings’ credit ratings are its opinion on the relative ability and willingness of the issuer to meet the debt service obligations as and when they arise. Rating determination is a matter of experienced and holistic judgement, based on the relevant quantitative and qualitative factors affecting the credit quality of the issuer. CARE Ratings has based its ratings/outlooks on information obtained from sources believed by it to be accurate and reliable. Within the corporate sector, CARE Ratings rates debt instruments and bank facilities of manufacturing entities, service entities, trading entities, PSUs etc.
Rating FAQs
Modifiers {"+" (plus) / "-"(minus)} can be used with the rating symbols for the categories CARE AA to CARE C. The modifiers reflect the comparative standing within the category.
Rating Outlook
The rating outlook can be ‘Positive’, ‘Stable’ or ‘Negative’. A ‘Positive’ outlook indicates an expected upgrade in the credit ratings in the medium term on account of expected positive impact on the credit risk profile of the entity in the medium term. A ‘Negative’ outlook would indicate an expected downgrade in the credit ratings in the medium term on account of expected negative impact on the credit risk profile of the entity in the medium term. A ‘Stable’ outlook would indicate expected stability (or retention) of the credit ratings in the medium term on account of stable credit risk profile of the entity in the medium term.
CARE Ratings’ credit ratings are its opinion on the relative ability and willingness of the issuer to meet the debt service obligations as and when they arise. Rating determination is a matter of experienced and holistic judgement, based on the relevant quantitative and qualitative factors affecting the credit quality of the issuer. CARE Ratings has based its ratings/outlooks on information obtained from sources believed by it to be accurate and reliable. Within the corporate sector, CARE Ratings rates debt instruments and bank facilities of manufacturing entities, service entities, trading entities, PSUs etc.
Read MoreCARE Ratings’ credit ratings are its opinion on the relative ability and willingness of the issuer to meet the debt service obligations as and when they arise. Rating determination is a matter of experienced and holistic judgement, based on the relevant quantitative and qualitative factors affecting the credit quality of the issuer. CARE Ratings has based its ratings/outlooks on information obtained from sources believed by it to be accurate and reliable. Within the corporate sector, CARE Ratings rates debt instruments and bank facilities of manufacturing entities, service entities, trading entities, PSUs etc.
Read MoreCARE Ratings’ credit ratings are its opinion on the relative ability and willingness of the issuer to meet the debt service obligations as and when they arise. Rating determination is a matter of experienced and holistic judgement, based on the relevant quantitative and qualitative factors affecting the credit quality of the issuer. CARE Ratings has based its ratings/outlooks on information obtained from sources believed by it to be accurate and reliable. Within the corporate sector, CARE Ratings rates debt instruments and bank facilities of manufacturing entities, service entities, trading entities, PSUs etc.
Read MoreCARE Ratings’ credit ratings are its opinion on the relative ability and willingness of the issuer to meet the debt service obligations as and when they arise. Rating determination is a matter of experienced and holistic judgement, based on the relevant quantitative and qualitative factors affecting the credit quality of the issuer. CARE Ratings has based its ratings/outlooks on information obtained from sources believed by it to be accurate and reliable. Within the corporate sector, CARE Ratings rates debt instruments and bank facilities of manufacturing entities, service entities, trading entities, PSUs etc.
Read MoreCARE Ratings’ credit ratings are its opinion on the relative ability and willingness of the issuer to meet the debt service obligations as and when they arise. Rating determination is a matter of experienced and holistic judgement, based on the relevant quantitative and qualitative factors affecting the credit quality of the issuer. CARE Ratings has based its ratings/outlooks on information obtained from sources believed by it to be accurate and reliable. Within the corporate sector, CARE Ratings rates debt instruments and bank facilities of manufacturing entities, service entities, trading entities, PSUs etc.
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