CARE Ratings logo

CARE Ratings shareholders and shareholding pattern

NSE: CARERATINGBSE: 534804Capital MarketsSmall Cap

Formerly Credit Analysis and Research
Last close ₹1,586.30down ₹26.30 (1.63%)BSE ₹1,602.05

Share price at the NSE close on 23 Oct 2026. Previous close ₹1,612.60.

52-week range of traded prices to 23 Oct 2026
₹1,392.70Low, 23 Mar 2026₹1,838.00High, 15 May 2026
Market cap
₹4,778 Cr794th largest listed
P/E
26.9
P/B
5.1
Dividend yield
1.39%
ROE
20.4%
ROCE
20.1%
Debt to equity
0.00
Volume, NSE
30,52347.8% delivered

Who owns CARE Ratings, filing by filing

Per cent of the company's shares. The last ten years of filings, from Dec 2016; the latest is the filing for Sep 2026.

Sep 2026 filing

  • Foreign institutions23.60%
  • Indian institutions32.22%
  • Individuals and others44.17%

Shareholding pattern, per cent, from Sep 2022

  • Foreign institutions
  • Indian institutions
  • Individuals and others
Per centDec 2016Filed 12 JanMar 2017Filed 10 AprJun 2017Filed 11 JulSep 2017Filed 6 OctDec 2017Filed 8 JanMar 2018Filed 13 AprJun 2018Filed 13 JulSep 2018Filed 16 OctDec 2018Filed 16 JanMar 2019Filed 16 AprJun 2019Filed 19 JulSep 2019Filed 17 OctDec 2019Filed 16 JanMar 2020Filed 13 MayJun 2020Filed 15 JulSep 2020Filed 15 OctDec 2020Filed 18 JanMar 2021Filed 13 AprJun 2021Filed 17 JulSep 2021Filed 18 OctDec 2021Filed 7 JanMar 2022Filed 11 AprJun 2022Filed 12 JulSep 2022Filed 20 OctDec 2022Filed 11 JanMar 2023Filed 18 AprJun 2023Filed 10 JulSep 2023Filed 12 OctDec 2023Filed 15 JanMar 2024Filed 5 AprJun 2024Filed 11 JulSep 2024Filed 8 OctDec 2024Filed 9 JanMar 2025Filed 10 AprJun 2025Filed 18 JulSep 2025Filed 14 OctDec 2025Filed 13 JanMar 2026Filed 9 AprJun 2026Filed 10 JulSep 2026Filed 13 Oct
100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%
–––––––––––––––––––––––18.13%17.99%20.04%20.26%20.90%21.67%22.91%23.37%24.80%24.75%23.74%24.62%23.61%23.00%23.25%23.41%23.60%
Foreign portfolio investors, category I–––––––––––––––––––––––18.13%14.71%15.51%15.44%15.77%16.70%17.18%17.13%18.12%18.32%16.86%18.07%17.84%17.35%17.35%17.22%19.04%
Foreign portfolio investors, category II–––––––––––––––––––––––0.01%3.28%4.52%4.81%5.13%4.97%5.73%6.24%6.67%6.43%6.89%6.55%5.77%5.65%5.90%6.19%4.57%
Other foreign institutions–––––––––––––––––––––––Under 0.01%Under 0.01%Under 0.01%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%––––––
–––––––––––––––––––––––24.88%25.06%23.80%23.17%23.73%26.33%26.89%26.15%25.28%27.51%29.38%29.76%31.60%31.30%31.39%31.58%32.22%
Mutual funds18.92%18.27%17.64%16.22%13.63%13.15%12.89%11.31%14.03%10.91%9.21%8.88%8.94%14.09%13.39%12.61%6.94%5.74%7.14%7.12%5.34%3.70%10.59%10.26%10.12%9.36%8.72%8.92%11.38%12.08%11.36%10.64%12.64%14.42%14.59%16.14%16.64%16.95%17.90%18.75%
Insurance companies–––––––––––––––––––0.00%0.00%0.00%0.00%10.94%10.94%10.41%10.37%10.39%10.27%10.23%10.09%10.09%10.16%10.32%10.21%10.28%10.24%10.22%9.30%9.26%
Banks–––––––––––––––––––––––Under 0.01%Under 0.01%Under 0.01%Under 0.01%Under 0.01%Under 0.01%Under 0.01%Under 0.01%Under 0.01%Under 0.01%Under 0.01%Under 0.01%Under 0.01%Under 0.01%Under 0.01%Under 0.01%Under 0.01%
Alternative investment funds–––––––––––––––––––0.00%0.00%0.00%0.00%3.68%4.00%4.02%4.08%4.41%4.67%4.58%4.70%4.55%4.70%4.64%4.96%5.18%4.42%4.21%4.38%4.21%
Non-bank lenders registered with RBI–––––––––––––––––––––––Under 0.01%Under 0.01%Under 0.01%Under 0.01%Under 0.01%Under 0.01%Under 0.01%Under 0.01%Under 0.01%Under 0.01%Under 0.01%Under 0.01%Under 0.01%Under 0.01%Under 0.01%Under 0.01%Under 0.01%
–––––––––––––––––––––––56.98%56.94%56.16%56.57%55.38%52.00%50.20%50.48%49.93%47.74%46.87%45.62%44.79%45.70%45.37%45.01%44.17%
Resident individuals, up to ₹2 lakh at face value–––––––––––––––––––––––26.58%25.71%24.60%24.36%23.31%22.04%20.43%20.32%19.45%18.89%18.59%18.88%18.88%19.56%19.49%19.49%19.52%
Resident individuals, over ₹2 lakh at face value–––––––––––––––––––––––8.16%8.78%9.03%9.50%9.64%7.82%7.52%7.68%8.19%7.27%6.89%6.16%5.91%5.78%5.45%5.26%4.59%
Companies–––––––––––––––––––––––17.85%18.27%18.20%18.44%18.10%17.97%18.41%18.65%18.58%17.92%17.71%17.00%16.55%16.71%16.77%16.51%16.27%
Non-resident Indians–––––––––––––––––––––––2.76%2.62%2.75%2.84%2.92%2.84%2.60%2.59%2.38%2.37%2.42%2.50%2.32%2.50%2.50%2.57%2.48%
Foreign nationals–––––––––––––––––––––––0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%Under 0.01%Under 0.01%Under 0.01%Under 0.01%Under 0.01%Under 0.01%Under 0.01%
Investor education fund–––––––––––––––––––––––Under 0.01%Under 0.01%Under 0.01%Under 0.01%Under 0.01%Under 0.01%Under 0.01%Under 0.01%Under 0.01%Under 0.01%Under 0.01%Under 0.01%Under 0.01%Under 0.01%Under 0.01%Under 0.01%0.01%
Directors and their relatives–––––––––––––––––––––––0.06%0.06%0.08%0.08%0.13%0.13%0.13%0.13%0.13%0.15%0.15%0.17%0.24%0.24%0.24%0.24%0.34%
Key managers–––––––––––––––––––––––0.00%0.00%0.00%0.00%0.00%0.02%0.02%0.02%0.01%0.01%0.01%0.01%0.02%0.02%0.02%0.02%0.03%
–––––––––––––––––––––––1.58%1.50%1.50%1.35%1.28%1.17%1.09%1.08%1.18%1.13%1.10%0.89%0.87%0.89%0.90%0.92%0.94%
Shares in issue2,94,40,3542,94,51,2012,94,51,2012,94,61,2142,94,61,2142,94,61,2142,94,61,2142,94,61,2142,94,61,2142,94,61,2142,94,61,2142,94,61,2142,94,61,2142,94,61,2142,94,61,2142,94,61,2142,94,61,2142,94,61,2142,94,61,2142,94,61,2142,96,36,4812,96,46,5472,96,46,5472,96,48,8802,96,44,6812,97,00,6122,97,30,2102,97,72,9452,97,72,9452,98,52,1132,98,77,2462,99,00,7472,99,15,4142,99,32,1482,99,58,0812,99,94,9803,00,25,0293,00,47,0133,00,60,4133,01,18,412
CARE Ratings has no promoter group: no filing in this table names one. Filings before Sep 2022 are on an older form, which did not split institutions into foreign and Indian and grouped some holders differently, so those columns show only the lines both forms state alike. A dash is a line the filing did not state. “Under 0.01%” is a holding of shares too small to show at two decimals.

Number of CARE Ratings shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

ShareholdersDec 2016Filed 12 JanMar 2017Filed 10 AprJun 2017Filed 11 JulSep 2017Filed 6 OctDec 2017Filed 8 JanMar 2018Filed 13 AprJun 2018Filed 13 JulSep 2018Filed 16 OctDec 2018Filed 16 JanMar 2019Filed 16 AprJun 2019Filed 19 JulSep 2019Filed 17 OctDec 2019Filed 16 JanMar 2020Filed 13 MayJun 2020Filed 15 JulSep 2020Filed 15 OctDec 2020Filed 18 JanMar 2021Filed 13 AprJun 2021Filed 17 JulSep 2021Filed 18 OctDec 2021Filed 7 JanMar 2022Filed 11 AprJun 2022Filed 12 JulSep 2022Filed 20 OctDec 2022Filed 11 JanMar 2023Filed 18 AprJun 2023Filed 10 JulSep 2023Filed 12 OctDec 2023Filed 15 JanMar 2024Filed 5 AprJun 2024Filed 11 JulSep 2024Filed 8 OctDec 2024Filed 9 JanMar 2025Filed 10 AprJun 2025Filed 18 JulSep 2025Filed 14 OctDec 2025Filed 13 JanMar 2026Filed 9 AprJun 2026Filed 10 JulSep 2026Filed 13 Oct
All shareholders46,66645,27045,30745,87445,74746,75347,52145,51148,47947,59146,22347,33747,83855,23155,54657,48460,44470,11768,79172,65871,89369,18671,42369,19664,90161,05059,50455,72154,53952,46853,14053,60252,00751,39561,11156,93159,13958,97858,46657,301
46,66645,27045,30745,87445,74746,75347,52145,51148,47947,59146,22347,33747,83855,23155,54657,48460,44470,11768,79172,65871,89369,18671,42369,19664,90161,05059,50455,72154,53952,46853,14053,60252,00751,39561,11156,93159,13958,97858,46657,301
–––––––––––––––––––––––66737172687175748193901021049897104103
–––––––––––––––––––––––1720181919212121192523283133313336
–––––––––––––––––––––––69,11364,80860,96159,41355,63454,44752,37253,04553,50251,88951,28260,98156,79659,00858,85058,32957,162
Resident individuals, up to ₹2 lakh at face value–––––––––––––––––––––––64,65760,54056,80155,38151,78750,67948,73249,40649,93548,26047,56056,13252,65654,13753,80453,26752,211
Resident individuals, over ₹2 lakh at face value–––––––––––––––––––––––3441414343353333363332292625232220
Companies–––––––––––––––––––––––485472442427400406389402373422427657515648740703666
Non-resident Indians–––––––––––––––––––––––1,4571,4151,4481,3971,3891,3921,4071,4081,3781,4371,5352,1981,7942,3572,4712,5242,472
Foreign nationals–––––––––––––––––––––––00000000001111111
Investor education fund–––––––––––––––––––––––11111111111111111
Directors and their relatives–––––––––––––––––––––––11111111111111111
Key managers–––––––––––––––––––––––00000222122222222
–––––––––––––––––––––––2,4782,3382,2272,1632,0131,9311,8071,7921,7771,7331,7231,9601,8001,8361,8071,8081,788
Clearing Members–––––––––––––––––––––––51232165142443435454
Trusts–––––––––––––––––––––––55554122255635888
Hindu undivided families–––––––––––––––––––––––2,4222,3102,2012,1522,00411,8011,7881,7711,7241,7151,9501,7941,8261,7951,7951,776
Filings before Sep 2022 are on an older form, which did not split institutions into foreign and Indian and grouped some holders differently, so those columns show only the lines both forms state alike. A dash is a line the filing did not state.

Largest public holders of CARE Ratings, filing by filing

Per cent, on the same shares as the split above.Mutual funds holding CARE Ratings

HolderDec 2016Filed 12 JanMar 2017Filed 10 AprJun 2017Filed 11 JulSep 2017Filed 6 OctDec 2017Filed 8 JanMar 2018Filed 13 AprJun 2018Filed 13 JulSep 2018Filed 16 OctDec 2018Filed 16 JanMar 2019Filed 16 AprJun 2019Filed 19 JulSep 2019Filed 17 OctDec 2019Filed 16 JanMar 2020Filed 13 MayJun 2020Filed 15 JulSep 2020Filed 15 OctDec 2020Filed 18 JanMar 2021Filed 13 AprJun 2021Filed 17 JulSep 2021Filed 18 OctDec 2021Filed 7 JanMar 2022Filed 11 AprJun 2022Filed 12 JulSep 2022Filed 20 OctDec 2022Filed 11 JanMar 2023Filed 18 AprJun 2023Filed 10 JulSep 2023Filed 12 OctDec 2023Filed 15 JanMar 2024Filed 5 AprJun 2024Filed 11 JulSep 2024Filed 8 OctDec 2024Filed 9 JanMar 2025Filed 10 AprJun 2025Filed 18 JulSep 2025Filed 14 OctDec 2025Filed 13 JanMar 2026Filed 9 AprJun 2026Filed 10 JulSep 2026Filed 13 Oct
CRISIL LIMITEDCompanies–––8.90%8.90%8.90%8.90%8.90%8.90%8.90%8.90%8.90%8.90%8.90%8.90%8.90%8.90%8.90%8.90%8.90%8.85%8.85%8.85%8.84%8.85%8.83%8.82%8.81%8.81%8.78%8.78%8.77%8.77%8.76%8.75%8.74%8.73%8.73%8.72%8.71%
LIFE INSURANCE CORPORATION OF INDIAInsurance companies9.79%9.79%9.79%9.78%9.85%9.85%9.85%9.85%9.85%9.85%9.85%–9.85%9.85%9.85%9.85%–––9.85%9.79%9.79%9.79%9.79%9.79%9.66%9.65%9.63%9.63%9.61%9.60%9.59%9.59%9.58%9.57%9.56%9.55%9.49%8.50%8.48%
PARI WASHINGTON INDIA MASTER FUND, LTD.Foreign portfolio investors, category I––––––––––––––––––––2.58%5.28%5.28%5.28%5.28%5.27%5.27%5.26%5.26%5.25%5.24%5.86%5.85%5.85%6.01%6.00%6.00%5.99%5.19%4.65%
INDIA INSIGHT VALUE FUNDForeign portfolio investors, category I––––––––––––1.34%1.55%1.71%2.06%2.14%2.15%2.24%2.31%2.33%2.37%2.37%2.38%2.43%2.42%2.42%2.42%2.42%2.41%2.41%2.41%2.41%2.41%2.40%2.45%2.45%2.47%2.47%2.46%
AQUAMARINE MASTER FUND L.PForeign portfolio investors, category II––––––––––––––––1.19%1.19%1.19%1.19%1.18%1.18%1.18%1.18%1.18%1.18%1.18%2.19%2.19%2.18%2.18%2.18%2.18%2.18%2.18%2.17%2.17%2.17%2.17%2.16%
PARI WASHINGTON INVESTMENT FUNDAlternative investment funds–––––––––––––––––––––3.00%3.00%3.00%3.00%3.00%2.99%3.45%3.70%3.69%3.69%3.69%3.68%3.68%3.69%3.50%2.78%2.50%2.24%1.81%
RUSSELL INVESTMENTS LIMITEDCompanies1.80%1.80%1.80%1.80%1.80%1.80%1.80%1.80%1.80%1.80%1.80%1.80%1.80%1.80%1.80%1.80%1.80%1.80%1.80%1.80%1.79%1.79%1.79%1.79%1.79%1.79%1.79%1.78%1.78%1.78%1.78%1.78%1.78%1.77%1.77%1.77%1.77%1.77%1.77%1.76%
VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUNDForeign portfolio investors, category I–––––––1.02%1.08%1.08%1.05%1.05%1.05%1.18%1.18%1.20%1.03%–1.07%1.07%1.07%1.07%1.07%1.07%–1.08%1.29%1.29%1.29%1.29%1.29%1.28%1.28%1.28%1.17%1.17%1.17%1.17%1.22%1.21%
TATA STEEL LIMITEDCompanies1.20%1.20%1.20%1.20%1.20%1.20%1.20%1.20%1.20%1.20%1.20%1.20%1.20%1.20%1.20%1.20%1.20%1.20%1.20%1.20%1.19%1.19%1.19%1.19%1.19%1.19%1.19%1.19%1.19%1.19%1.18%1.18%1.18%1.18%1.18%1.18%1.18%1.18%1.18%1.18%
VANGUARD EMERGING MARKETS STOCK INDEX FUND, A SERIForeign portfolio investors, category I––––––––1.21%1.29%1.29%1.25%1.25%1.25%1.01%1.03%1.03%1.03%1.03%1.03%1.02%1.02%1.09%1.09%1.09%1.09%1.09%1.09%1.09%1.09%1.09%1.10%–1.10%1.10%1.10%1.10%1.10%1.10%1.17%
ARTISAN INTERNATIONAL EXPLORER FUNDForeign portfolio investors, category I––––––––––––––––––––––––––––1.02%––––––––––1.14%
SEKHAR SHYAMResident individuals, over ₹2 lakh at face value–––––––––––––––––––––––––––––––––––––1.07%1.07%1.07%
TENCORE PARTNERS MASTER LTD.Foreign portfolio investors, category II–––––––––––––––––––––––––––––1.30%1.65%2.15%2.11%2.78%2.27%1.67%1.67%1.58%1.56%–
S.SHYAMResident individuals, over ₹2 lakh at face value–––––––––––––––––––––––1.09%1.09%1.09%1.09%1.08%1.08%1.08%1.08%1.08%1.08%1.08%1.08%1.08%1.07%–––
1729 CAPITALForeign portfolio investors, category II–––––––––––––––––––––––––1.58%1.80%1.79%1.79%1.60%1.60%1.59%1.44%1.33%1.07%–––––
MIRAE ASSET INDIA SMALL-MID CAP FOCUS EQUITY MASTER INVESTMENT TRUSTForeign portfolio investors, category I––––––––––––––––––––––––––––––––1.12%–––––––
VANGUARD EMERGING MARKETS STOCK INDEX FUND, A SERIES OF VANGUARD INTERNATIONAL EQUITY INDEX FUNDSForeign portfolio investors, category I–––––1.25%1.20%1.18%––––––––––––––––––––––––1.10%–––––––
MIRAE ASSET INDIA SMALL-MID CAP FOCUS EQUITY MASTEForeign portfolio investors, category I–––––––––––––––––––––––––––––––1.12%––––––––
RAIFFEISEN-ASIA-OPPORTUNITIES-ESG-AKTIENForeign portfolio investors, category I––––––––––––––––––––––––1.11%1.11%1.11%1.11%1.11%–––––––––––
RAIFFEISEN-EURASIEN-AKTIENForeign portfolio investors, category I––––––––––––1.02%1.02%1.12%1.12%1.12%1.12%1.12%1.12%1.11%1.11%1.11%1.11%––––––––––––––––
POPATLAL PUNAMCHAND SHAHResident individuals, over ₹2 lakh at face value–––––––––––––––––––––––1.00%––––––––––––––––
PHAEACIAN ACCENT INTERNATIONAL VALUE FUNDInstitutions Foreign Portfolio Investor––––––––––––––––3.39%3.88%2.87%2.78%3.53%3.82%––––––––––––––––––
GOLDMAN SACHS FUNDS - GOLDMAN SACHS INDIA EQUITY PInstitutions Foreign Portfolio Investor–––––––––––––––––––2.45%2.44%2.44%––––––––––––––––––
MULTI FUND 10 UMBRELLA ICAV - KINSALE NAVIGATOR FUInstitutions Foreign Portfolio Investor–––––––––––––––––––––1.08%––––––––––––––––––
LIFE INSURANCE CORPORATION OF INDIA P & GS FUNDOther Institutions–––––––––––9.85%––––9.85%9.85%9.85%–––––––––––––––––––––
GOLDMAN SACHS INDIA LIMITEDInstitutions Foreign Portfolio Investor2.01%2.05%2.14%2.14%2.14%2.14%––––––––––––2.45%–––––––––––––––––––––
SFC FORESTA MASTER FUND, LPInstitutions Foreign Portfolio Investor––––––––––––––––1.27%1.55%2.20%–––––––––––––––––––––
MORGAN STANLEY ASIA (SINGAPORE) PTE. - ODIInstitutions Foreign Portfolio Investor––––––––––––4.24%4.24%4.16%4.16%4.16%4.11%1.96%–––––––––––––––––––––
BAJAJ ALLIANZ LIFE INSURANCE COMPANY LTD.Other Institutions––––––––––––1.92%2.95%4.11%4.24%3.88%3.88%––––––––––––––––––––––
BAJAJ HOLDINGS & INVESTMENT LIMITEDNon-bank lenders registered with RBI–––––––––––––––––1.42%––––––––––––––––––––––
PINEBRIDGE GLOBAL FUNDS - PINEBRIDGE INDIA EQUITYInstitutions Foreign Portfolio Investor––––––––––––2.05%2.82%2.82%2.56%1.53%–––––––––––––––––––––––
BAJAJ HOLDINGS AND INVESTMENT LTDOther non-institutions2.07%2.07%2.07%2.07%2.00%1.69%1.69%1.69%1.69%1.69%1.69%1.69%1.69%1.42%1.42%1.42%1.42%–––––––––––––––––––––––
FRANKLIN TEMPLETON INVESTMENT FUNDSInstitutions Foreign Portfolio Investor5.94%5.94%5.94%5.94%5.94%5.94%5.29%4.79%4.73%4.01%4.01%4.01%4.01%3.39%3.39%2.53%1.21%–––––––––––––––––––––––
FPA FUNDS TRUST FPA INTERNATIONAL VALUE FUNDInstitutions Foreign Portfolio Investor––––––––––––––3.31%3.45%––––––––––––––––––––––––
WHITE RIVER PARTNERS, L.P.Institutions Foreign Portfolio Investor––––––––––––1.39%1.62%1.70%1.45%––––––––––––––––––––––––
LLOYD GEORGE INVESTMENT COMPANY PUBLIC LIMITED COMInstitutions Foreign Portfolio Investor––––––––2.94%2.94%2.93%–4.04%2.95%1.66%–––––––––––––––––––––––––
TATA INVESTMENT CORPORATION LIMITEDOther non-institutions1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%–––––––––––––––––––––––––
BAOBAB GLOBAL FUND LTDInstitutions Foreign Portfolio Investor––––––––––––1.71%1.71%––––––––––––––––––––––––––
STICHTING DEPOSITARY APG EMERGING MARKETS EQUITY PInstitutions Foreign Portfolio Investor––––––––6.85%6.84%6.84%6.84%4.46%–––––––––––––––––––––––––––
INDIA CAPITAL FUND LIMITEDInstitutions Foreign Portfolio Investor––1.81%1.92%1.92%2.59%2.59%3.07%3.55%3.55%3.55%3.35%1.69%–––––––––––––––––––––––––––
A filing names every holder above one per cent, in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here: each fund's holding is on the Mutual funds tab, from its own portfolio. A dash is a filing that did not name the holder, which includes holding under one per cent. The 40 holders most recently named are shown, of 64 holders the filings name.