This NBFC Company Secures ‘AA Stable’ Rating For Rs 1,500 Cr NCDs; Share Price Reacts
Business
Brickwork Ratings India Private Limited has given Paisalo Digital Limited, a prominent non-banking finance company (NBFC) with an emphasis on inclusive lending, an additional external credit rating for its scheduled Non-Convertible Debentures (NCDs), strengthening its credit profile. In addition to the company’s current rating from Infomerics Analytics and Research Private Limited, the rating agency has given the scheduled Rs 1,500 crore NCD issue a long-term rating of “BWR AA / Stable.”
According to Brickwork Ratings, the assigned rating factors in several structural strengths of Paisalo’s business model and financial profile, comprising established franchise and scalable lending model, strong capitalization and experienced management and steady loan book growth and asset quality.
Santanu Agarwal, Deputy Managing Director, Paisalo Digital Limited, said: “Receiving an additional rating from Brickwork Ratings India Private Limited alongside our existing rating from Infomerics Analytics and Research Private Limited highlights the strength of Paisalo’s capital position, asset quality discipline and scalable lending model. Obtaining dual credit ratings materially expands the universe of debt instruments and investor pools that Paisalo can access now. We remain focused on building a robust and sustainable lending platform that expands financial access for underserved entrepreneurs across India.”
The share price of Paisalo Digital Ltd (PAISALO) on the National Stock Exchange (NSE) was Rs 34.54 as of 1:27 PM IST on March 17, 2026. From its previous closing price of Rs 34.79, the stock is currently down 0.72%. Throughout the session, it has varied between a low of Rs 33.50 and a high of Rs 35.46, starting at Rs 34.89. So far today, almost 4.41 million shares have been traded. The market capitalization of the firm is around Rs 3,141.49 crore. In order to talk about the issue of non-convertible debentures (NCDs) as part of a fundraising effort, the board is set to meet on March 18, 2026.
Founded in 1992, Paisalo Digital Limited (formerly known as S.E. Investments Limited) is a significant non-banking financial company (NBFC) in India. The company maintained a solid portfolio with a net NPA of 0.66% and collection efficiency of 98.8% during the most recent quarter, while its AUM reached Rs 5,508 crore in Q3 FY2026 and it declared a Net Profit (PAT) of Rs 66.3 crore for the quarter ending December 31, 2025.
