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Stock Report
Capri Global secures Moody's 'Ba3' Ratings and Fitch 'BB-'; Signals Strong Credit Strength and Growth Momentum
Posted On : 2026-03-23 23:00:31( TIMEZONE : IST )
Capri Global Capital Limited, a leading non-banking financial company (NBFC),has secured ratings from two leading global rating agencies, Moody's Ratings and Fitch Ratings, marking asignificant milestone in its growth journey and reinforcing its strong credit profile.
Moody's has assigned the company a first-time 'Ba3' Corporate Family Rating (CFR) with a stable outlook.Fitch Ratings has assigned Capri Global a 'BB- (Stable)' Long-Term Issuer Default Rating (IDR), along with a'B' Short-Term IDR and a 'BB- (Stable)' Local Currency Long-Term IDR.
These ratings reflect Capri Global's diversified lending portfolio, improving asset quality, strongcapitalisation, and continued focus on prudent risk management. The stable outlook from both agenciesunderscores confidence in the company's ability to sustain its growth momentum while maintainingfinancial discipline.
Commenting on the development, Mr. Rajesh Sharma, Managing Director, Capri Global Capital Limited,said: "Securing ratings from both Moody's and Fitch is a significant milestone for Capri Global and a strongvalidation of our business model, governance standards, and risk management practices. These ratingsreflect the strength of our diversified lending platform and our consistent focus on building a resilient,scalable franchise. We remain committed to maintaining high asset quality, pursuing disciplined growth,and enhancing our access to diversified funding sources to support our long-term strategic ambitions."
The ratings also recognise Capri Global's ongoing efforts to enhance its funding profile, improve operational efficiencies through technology adoption, and expand its presence across underserved and emerging segments.
With a growing footprint across India and a focus on financial inclusion, Capri Global continues to delivertailored financial solutions while maintaining a prudent and risk-aware approach to growth.
