CRISIL Reaffirms AAA Rating for Poonawalla Fincorp's Rs 15,285 Crore Facilities
CRISIL Ratings reaffirmed Poonawalla Fincorp's AAA/Stable rating on Rs 15,285 crore long-term facilities and assigned AA+/Stable rating to Rs 1,500 crore perpetual bonds on March 20, 2026. The ratings reflect strategic support from Rising Sun Holdings Private Limited, which holds 63.95% stake, and the company's improved financial performance with Rs 287 crore net profit in 9M FY26 versus Rs 98 crore loss in FY25. The company maintains healthy capitalization with 18.17% capital adequacy ratio and diversified funding profile across Rs 42,498 crore borrowings.
