Intimation of Credit Rating Report under Regulation 30 of SEBI(Listing and Disclosure requirements) 2015
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Real Touch Finance Ltd (RTFL), a Kolkata-headquartered NBFC, has received a first-time credit rating of IVR BBB/Stable (Triple B with Stable Outlook) from Infomerics Ratings for its bank facilities totalling Rs. 100 crore. This includes Rs. 57.08 crore in existing long-term term loans from lenders like SBI, Federal Bank, Indian Overseas Bank, and IDFC First Bank, plus Rs. 42.92 crore in proposed term loan facilities. The rating reflects strengths such as comfortable capitalisation (CRAR at 25.81%), healthy asset quality (GNNPA at 1.06%, NNPA at 0.74%), and experienced promoters, but is constrained by moderate AUM size of Rs. 227.53 crore with geographical concentration in Tamil Nadu (~43%), intense competition, and regulatory risks. RTFL's PAT improved to Rs. 4.61 crore in FY25 from Rs. 2.63 crore in FY24, with total operating income rising to Rs. 28.87 crore.
The BBB/Stable rating indicates moderate credit risk and should help RTFL secure bank funding at competitive rates, supporting its growth plans. For shareholders, this first-time rating is a positive milestone reflecting improved financial health, though the company's small scale and regional concentration remain key concerns for future expansion.