IIFL Finance Limited has received a reaffirmation of its credit ratings from agencies Brickwork Ratings (BWR) and Infomerics Valuation and Rating. The ratings cover a range of instruments, including Non-Convertible Debentures, Perpetual Debt Instruments, and proposed Commercial Paper issues. These stable ratings reflect the company’s continued financial health and market standing as it proceeds with its debt financing plans for the upcoming period.
Rating Agency Updates
On May 16, 2026, IIFL Finance announced that two leading rating agencies have updated their assessment of the company’s debt instruments. Both agencies have maintained a stable outlook, confirming the company’s strong credit profile in the financial services sector.
Brickwork Ratings (BWR) Assessment
Brickwork Ratings has reaffirmed its BWR AA+/Stable rating for ₹3,022.04 crores worth of Non-Convertible Debentures (NCDs). Additionally, the agency has reaffirmed the BWR AA/Stable rating for ₹650 crores of Perpetual Debt Instruments (PDI). Furthermore, the company has been assigned a BWR AA/Stable rating for a proposed PDI issuance amounting to ₹200 crores.
Infomerics Valuation and Rating Assessment
Infomerics has similarly provided a positive outlook for the company’s proposed debt instruments. The agency reaffirmed its IVR A1+ rating for the proposed Commercial Paper issuance of ₹5,000 crores and the IVR AA/Stable rating for ₹650 crores in Perpetual Debt Instruments. Finally, the agency has assigned an IVR AA/Stable rating for a new proposed PDI issue valued at ₹200 crores.
Source: BSE
