Aadhar Housing Finance Limited — Credit Ratings, 28-06-2025: Credit Rating

CARE Ratings has upgraded Aadhar Housing Finance Limited’s credit ratings for Non-Convertible Debentures (totaling ₹1,866.43 Cr) and Subordinate Debt (₹60 Cr, reduced from ₹126 Cr) to CARE AA+ with a stable outlook from CARE AA; stable. The Fixed Deposit rating (₹2 Cr, reduced from ₹3.12 Cr) was similarly upgraded to CARE AA+; stable. This upgrade reflects the company’s improved operational and financial performance in FY25, indicating stronger creditworthiness and risk profile. The higher rating enhances investor confidence, potentially lowering the company’s borrowing costs and providing greater financial flexibility for future funding.