Capri Global Secures Moody’s ‘Ba3’ and Fitch ‘BB-‘ Ratings
Filing Summary
Capri Global Capital Limited has received a ‘Ba3’ Corporate Family Rating from Moody’s and a ‘BB-‘ Long-Term Issuer Default Rating from Fitch, both with stable outlooks. These ratings reflect the company’s diversified lending portfolio and strong capitalisation. Capri Global, a non-banking financial company, offers secured loans across various segments and has an asset under management of over Rs 30,000 crores. The ratings were announced on March 23, 2026, and highlight the company’s focus on prudent risk management and financial discipline.
Capri Global Capital Limited has been assigned a ‘Ba3’ Corporate Family Rating by Moody’s and a ‘BB- (Stable)’ Long-Term Issuer Default Rating by Fitch. The ratings, announced on March 23, 2026, include a stable outlook from both agencies. These ratings are the first-time assignments for Capri Global by these global rating agencies.
The ratings from Moody’s and Fitch reflect Capri Global’s diversified lending portfolio and strong capitalisation. Moody’s ‘Ba3’ rating indicates a stable outlook for the company’s corporate family rating. Fitch has also assigned a ‘B’ Short-Term Issuer Default Rating and a ‘BB- (Stable)’ Local Currency Long-Term Issuer Default Rating. These ratings underscore the company’s financial discipline and prudent risk management practices.
Capri Global Capital Limited operates as a non-banking financial company offering a range of secured and collateralized loans. The company serves a customer base of over 6.3 lakh individuals through more than 1,330 branches across India. Its primary lending segments include MSME Loans, Gold Loans, Construction Finance, and Housing Loans, provided through its subsidiary, Capri Global Housing Finance Limited. The company also engages in fee-based businesses such as the distribution of car loan products and insurance policies.
The stable outlook from both Moody’s and Fitch indicates confidence in Capri Global’s ability to maintain its financial discipline and sustain growth. The company’s focus on improving asset quality and enhancing its funding profile through technology adoption is recognized in these ratings. Capri Global continues to expand its presence across underserved and emerging segments in India, aligning with its strategic focus on financial inclusion.
The ratings were officially communicated to Capri Global on March 23, 2026, at 05:58 P.M. The company has made the press release available on its website for public access. Capri Global’s management views these ratings as a validation of its business model and governance standards.
About Capri Global Capital Ltd: Capri Global Capital Limited is a retail-focused non-banking financial company listed on the BSE and NSE. The company offers a wide range of secured loans across various segments, aiming to provide tailored financial solutions. Capri Global is committed to maintaining high asset quality and pursuing disciplined growth strategies.