Akme Fintrade (India) Limited — Credit Ratings, 08-08-2025: Credit Rating- New
08-08-2025 | 07:30 pm
08-08-2025 | 07:30 pm
Akme Fintrade's Bank Loan facilities totaling Rs. 180 Cr have been reaffirmed at 'ACUITE BBB+ | Stable', and new Non-Convertible Debentures of Rs. 100 Cr have been assigned the same stable rating. This reflects a significant strengthening of the company's financial health. Key drivers include a capital boost from the FY25 IPO, which lifted net worth to ~Rs. 382.21 Cr from Rs. 223.24 Cr. Debt levels have improved, with gearing dropping to 0.74x from 0.92x, alongside a strong PAT of ~Rs. 33.23 Cr for FY25. Enhanced collection efficiency (91.18%) and a revamped management team also contribute. This stable rating suggests steady access to funding and solidifies investor trust.
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