Home First Finance Company India Limited — Credit Ratings, 04-06-2025: Credit Rating- Revision

India Ratings has upgraded Home First Finance Company’s long-term credit rating to IND AA/Stable from IND AA-/Positive, while reaffirming its short-term commercial paper rating at IND A1+. The upgrade reflects stronger capitalization and manageable debt levels, with total bank loan exposure of Rs. 41 billion (41 Cr). Improved credit metrics and stable cash flows underpin this move. This rating boost is likely to reduce borrowing costs and enhance investor confidence, offering the company greater financial flexibility going forward.