Anand Rathi Share and Stock Brokers Limited has informed the Exchange about Credit : Rating- Revision
ARSSBL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
ICRA has reaffirmed the company's credit ratings at [ICRA]A+ (Stable) for long-term facilities and [ICRA]A1+ for short-term facilities. The key development is the substantial enhancement of rated facility amounts: bank lines increased from Rs. 50 crore to Rs. 1,400 crore, and commercial paper from Rs. 50 crore to Rs. 200 crore, totaling Rs. 1,600 crore in rated facilities. The ratings reflect the company's established 30+ year track record in capital markets, comfortable capitalisation (net worth of Rs. 1,348 crore as of March 2026), improved gearing to 0.6x from 2.3x post-IPO, and adequate profitability (PBT/NOI of 26.2% in FY2026). The IPO in September 2025 infused Rs. 703 crore, strengthening the balance sheet. The Stable outlook reflects expectations of continued growth while maintaining comfortable capitalisation.
Positive for shareholders - the reaffirmation of investment-grade ratings with significantly enhanced borrowing limits indicates strong creditworthiness and financial health. The expanded credit facilities provide ample headroom for the company's growth plans in margin trading and financial product distribution.