Announced Tue, 16 Jun · 12:13 IST
CRISIL reaffirms BBB/Stable rating; assigns rating to new Rs 120 cr NCD
MANCREDIT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-4.7%1-day move
₹224.01
prior close
₹221.65
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.2-4.7-4.7-3.1-1.8-3.2+3.8+1.3+1.3——
Up moveDown movePending
AI summary
CRISIL reaffirmed BBB/Stable rating on Mangal Credit & Fincorp's Rs 400 cr bank loan facilities and Rs 100 cr NCDs, and assigned the same rating to a new Rs 120 cr NCD. The Mumbai-based NBFC's total assets grew to Rs 517 cr (FY26) with PAT at Rs 15.3 cr; AUM up 46% to Rs 423 cr. Asset quality stable at 1.3% 90+ dpd. Gearing rose to 1.9x from 1.4x.
Likely market impact
Rating reaffirmation signals steady credit profile; new NCD indicates ongoing fund-raising to support loan book growth.