NSECredit Rating12 Sept 2026 · 12 Sept 2026, 12:44 pm
Credit Rating
Geojit Financial Services Limited · GEOJITFSL
✦ AI SummaryRating Change
Geojit Financial Services Limited has informed the Exchange that CARE Ratings Limited has re-affirmed the company's issuer rating of CARE A+ with a stable outlook.
Analysis Scores
Earnings Impact0/10
Growth Catalyst0/10
Governance Concern0/10
Regulatory Risk0/10
Balance Sheet Risk0/10
Liquidity Impact0/10
Market Sentiment0/10
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Geojit Financial Services Limited has informed the Exchange about Credit Rating
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MEGHAGEOJIT_12092026124430_CARE_11092026.pdf
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12.09.2026
To, To,
BSE Limited National Stock Exchange of India Limited Exchange
Phiroze Jeejeebhoy Towers Plaza, C-1, Block G,
Dalal Street Bandra Kurla Complex, Bandra (E)
Mumbai- 400001. Mumbai – 400 051
Scrip Code: 532285 Scrip Code: GEOJITFSL - EQ
Dear Sir/ Madam,
Subject: Intimation regarding Credit Rating of the Company
Pursuant to the requirement of Regulation 30 of the SEBI (LODR) Regulations 2015, we would like to inform
that CARE Ratings Limited, a Credit Rating Agency, has re-affirmed the following rating to Geojit Financial
Services Limited:
Type of Rating Rating Rating Action
Issuer rating CARE A+; Stable Re-affirmed
Copy of the letter received from the rating agency is attached herewith.
Please note that this information will also be available on the website of the Company at www.geojit.com
This is for your information and records.
Thanking you,
Yours truly,
For Geojit Financial Services Limited
Liju K Johnson
Company Secretary
No. CARE/HO/RL/2026-27/2706
Ms. Mini Nair
Chief Financial Officer
Geojit Financial Services Limited
11th Floor, 34/659 P (Old Number) 41/1824 A (New Number)
Civil Line Road, Padivattom
Kochi
Kerala 682024
September 11, 2026
Confidential
Dear Madam,
Issuer Rating
On the basis of recent developments including operational and financial performance of your Company for FY26
(Audited) and Q1FY27 (Unaudited), our Rating Committee has reviewed the following rating:
Type of Rating Rating1 Rating Action
Issuer rating CARE A+; Stable Reaffirmed
2. The rating is only an opinion on the general creditworthiness of the Company and not specific to any particular
debt instrument.
3. The rating report for the rating will be communicated to you separately. A write-up (press release) on the above
rating is proposed to be issued to the press shortly, a draft of which is enclosed for your perusal. We request
you to peruse the annexed document and offer your comments if any. We are doing this as a matter of courtesy
to our clients and with a view to ensure that no factual inaccuracies have inadvertently crept in. Kindly revert as
early as possible. In any case, if we do not hear from you by September 14, 2026, we will proceed on the basis
that you have no comments to offer.
4. CARE Ratings Ltd. reserves the right to undertake a surveillance/review of the rating from time to time, based
on circumstances warranting such review, subject to at least one such review/surveillance every year.
1Complete definitions of the ratings assigned are available at www.careratings.com and in other CARE Ratings Ltd.’s publications.
CARE Ratings Limited
4th Floor, Godrej Coliseum, Somaiya Hospital Road, Off Eastern Express Highway, Sion (East), Mumbai
Phone: +91-22-6754 3456 • www.careedge.in
CIN-L67190MH1993PLC071691
Page 1 of 3
5. CARE Ratings Ltd. reserves the right to revise/reaffirm/withdraw the rating assigned as also revise the outlook,
as a result of periodic review/surveillance, based on any event or information which in the opinion of CARE
Ratings Ltd. warrants such an action. In the event of failure on the part of the entity to furnish such information,
material or clarifications as may be required by CARE Ratings Ltd. so as to enable it to carry out continuous
monitoring of the rating, CARE Ratings Ltd. shall carry out the review on the basis of best available information.
In such cases the credit rating symbol shall be accompanied by “ISSUER NOT COOPERATING”. CARE Ratings
Ltd. shall also be entitled to publicize/disseminate all the afore-mentioned rating actions in any manner
considered appropriate by it, without reference to you.
6. Our ratings do not factor in any rating related trigger clauses as per the terms of the facility/instrument, which
may involve acceleration of payments in case of rating downgrades. However, if any such clauses are introduced
and if triggered, the ratings may see volatility and sharp downgrades.
7. Users of this rating may kindly refer our website www.careratings.com for latest update on the outstanding
rating.
8. Our Issuer Ratings are not recommendations to buy or sell any securities of the issuer.
If you need any clarification, you are welcome to approach us in this regard.
Thanking you,
Yours faithfully,
Ujjwala Oke Yogesh Rochani
Lead Analyst Assistant Director
ujjwala.oke@careedge.in yogesh.rochani@careedge.in
Encl.: As above
CARE Ratings Limited
4th Floor, Godrej Coliseum, Somaiya Hospital Road, Off Eastern Express Highway, Sion (East), Mumbai
Phone: +91-22-6754 3456 • www.careedge.in
CIN-L67190MH1993PLC071691
Page 2 of 3
Disclaimer
This disclaimer pertains to the ratings issued and content published by CARE Ratings Limited (“CareEdge Ratings”). Ratings are opinions on the
likelihood of timely payment of the obligations under the rated instrument and are not recommendations to sanction, renew, disburse, or recall the
concerned bank facilities or to buy, sell, or hold any security. Any opinions expressed herein are in good faith and are subject to change without
notice. The rating reflects the opinions as on the date of the rating. A rating does not convey suitability or price for the investor. The rating agency
does not conduct an audit on the rated entity or an independent verification of any information it receives and/or relies on for the rating exercise.
CareEdge Ratings has based its ratings/outlook on the information obtained from reliable and credible sources. CareEdge Ratings does not, however,
guarantee the accuracy, adequacy, or completeness of any information and is not responsible for any errors or omissions and the results obtained
from the use of such information. The users of the rating should rely on their own judgment and may take professional advice while using the rating
in any way. CareEdge Ratings shall not be liable for any losses that user may incur or any financial liability whatsoever to the user of the rating. The
use or access of the rating does not create a client relationship between CareEdge Ratings and the user.
CAREEDGE RATINGS DISCLAIMS WARRANTY OF ANY KIND, EXPRESS, IMPLIED OR OTHER WARRANTIES OR CONDITIONS, TO THE EXTENT
PERMITTED BY APPLICABLE LAWS, INCLUDING WARRANTIES OF MERCHANTABILITY, ACCURACY, COMPLETENESS, ERROR-FREE, NON-
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Most entities whose bank facilities/instruments are rated by CareEdge Ratings have paid a credit rating fee, based on the amount and type of bank
facilities/instruments. CareEdge Ratings or its subsidiaries/associates may also be involved with other commercial transactions with the entity.
CareEdge Ratings does not act as a fiduciary by providing the rating. The ratings are intended for use only within the jurisdiction of India. The ratings
of CareEdge Ratings do not factor in any rating-related trigger clauses as per the terms of the facilities/instruments, which may involve acceleration
of payments in case of rating downgrades. However, if any such clauses are introduced and triggered, the ratings may see volatility and sharp
downgrades. CareEdge Ratings has established policies and procedures as required under applicable laws and regulations which are available on its
website.
Privacy Policy applies. For Privacy Policy please refer to https://www.careratings.com/privacy_policy
' 2026, CARE Ratings Limited. All Rights Reserved.
This content is being published for the purpose of dissemination of information required as per applicable law and regulations and CARE Ratings
Limited holds exclusive copyright over the same. Any reproduction, retransmission, modification, derivative works or use or reference to the contents,
in whole, in part or in any form, is prohibited except with prior express written consent from CARE Ratings Limited.
CARE Ratings Limited
4th Floor, Godrej Coliseum, Somaiya Hospital Road, Off Eastern Express Highway, Sion (East), Mumbai
Phone: +91-22-6754 3456 • www.careedge.in
CIN-L67190MH1993PLC071691
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