CARE Ratings Reaffirms BBB- Rating for Ceejay Finance's ₹15 Crore Bank Facilities
Published on: Feb. 14, 2026, 1:34 a.m. | Source: scanx.trade
CARE Ratings has reaffirmed Ceejay Finance Limited's 'CARE BBB-; Stable / CARE A3' rating for ₹15.00 crore bank facilities, highlighting the company's secured lending practices and strong capital adequacy ratio of 63.59%. The rating reflects continuous funding support from Ceejay Group entities and healthy capitalisation, while noting constraints from modest operational scale with AUM of ₹117.03 crore and high geographical concentration in Gujarat (~95% exposure). The company's asset quality improved with GNPA declining to 4.94% as of September 30, 2025, though it primarily serves riskier borrower segments including farmers and small traders through its network of 41 branches.
