Capri Global Capital Limited (Capri Global), a leading NBFC, has achieved a major milestone by securing first-time credit ratings from two global agencies. Moody’s assigned a ‘Ba3’ CFR with a stable outlook, while Fitch assigned ‘BB-’ Long-Term IDR. These ratings signal strong credit strength, improving asset quality, and sustained growth momentum, validating the company’s business model and risk management framework.
Credit Ratings Milestone Achieved
Capri Global Capital Limited (Capri Global), a prominent Non-Banking Financial Company (NBFC), announced on March 23, 2026, that it has successfully secured credit ratings from two major international rating agencies, signifying a key moment in its growth trajectory.
Ratings Assigned by Global Agencies
The ratings awarded reflect the company’s diversified lending portfolio, improving asset quality, strong capitalization, and commitment to prudent risk management:
- Moody’s Ratings: Assigned a first-time ‘Ba3’ Corporate Family Rating (CFR) with a stable outlook.
- Fitch Ratings: Assigned a ‘BB- (Stable)’ Long-Term Issuer Default Rating (IDR), alongside a ‘B’ Short-Term IDR and a ‘BB- (Stable)’ Local Currency Long-Term IDR.
The stable outlook provided by both agencies underscores confidence in Capri Global’s ability to maintain its growth momentum while upholding financial discipline.
Management Commentary on the Achievement
Mr. Rajesh Sharma, Managing Director of Capri Global Capital Limited, stated that securing these ratings is a strong validation of the company’s business model, governance, and risk practices. He emphasized the commitment to maintaining high asset quality, pursuing disciplined growth, and enhancing access to diversified funding sources to support long-term strategic ambitions.
Company Profile Summary
Capri Global Capital Limited (“Capri Loans”) is a well-diversified, retail-focused NBFC listed on the BSE and NSE. As of December 31st, 2025, the company managed an AUM of over Rs 30,000 crores, serving a customer base exceeding 6.3 Lakhs through 1,330+ branches across India.
The lending segments primarily include MSME Loans, Gold Loans, Construction Finance, and Housing Loans (via its subsidiary, CGHFL). Additionally, Capri Loans engages in fee-based services, including the distribution of car loan products and insurance policies.
Source: BSE
