CSL Finance Limited has informed the Exchange about Credit Rating
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Awaiting price reaction for this filing.
Acuite Ratings has assigned a long-term rating of 'ACUITE A-' with Stable outlook on a new Rs 200 crore bank loan facility of CSL Finance, while reaffirming the same 'ACUITE A-' Stable rating on its existing Rs 600 crore bank loan facility, taking total rated bank facilities to Rs 800 crore. The rating is supported by strong capitalization (CAR of 46.95%), healthy asset quality (GNPA of just 0.46%), and improved profitability (FY25 PAT rose to Rs 72.09 crore from Rs 63.36 crore). AUM grew to Rs 1,195 crore in FY25 from Rs 1,031 crore a year ago, and the company maintains comfortable gearing at 1.29x. Constraints include concentration in Delhi-NCR region, high wholesale (real estate) book exposure of around 65%, and low seasoning of the SME portfolio.
Neutral to mildly positive for shareholders — the rating has been maintained (not upgraded), and a new Rs 200 crore facility being rated means the NBFC is expanding its borrowing capacity at the same credit quality. The strong capital position and very low NPAs provide comfort, but concentration risks in geography and wholesale book remain watchpoints.