Crisil Assigns AA-/A1+ Rating To SG Finserve

Business Standard Markets · stocks

Crisil Rating has assigned its 'AA-/Stable/A1+' ratings to the bank facilities of SG Finserve, a group company of APL Apollo Group. The rating reflects strong support from the APL Apollo Group, comfortable capitalisation, and a healthy earnings profile. SG Finserve is an RBI-registered NBFC focused on supply chain financing. As of June 30, 2026, its net worth was Rs 1,539 crore and gearing 2.2 times.