Credit Rating Advisory
Comprehensive support across the entire rating process, whether you're seeking a first-time rating, an upgrade, or maintaining your current rating position.
Learn moreMost strong businesses get rated on a weak story. We fix the story, so your real fundamentals are what the rating agency actually sees.
For promoters and CFOs across India. Led by Ritessh Kumar Jain, a former rating agency analyst, we have guided 400+ assignments and over ₹75,000 Cr of debt through the rating process.
Free, confidential, no commitment.
A rating rarely falls short because a business is weak. It falls short when the story is unclear. We close that gap, translating complex financials into a credible, well-evidenced case a rating agency can evaluate on its merits.
We look past the ratios to how your business actually earns, invests, and rides its cycle, the context a balance sheet alone never shows.
We rebuild your credit story in the metrics and language rating agencies genuinely weigh, so your real strengths are visible, not buried.
We coach your team and help you manage the processes end to end, so nothing about your case is lost in translation.
Six ways we help you secure, protect, and improve your credit rating, explore each below.
Comprehensive support across the entire rating process, whether you're seeking a first-time rating, an upgrade, or maintaining your current rating position.
Learn moreA structured pre-rating exercise to evaluate likely outcomes, highlight gaps, and address key concerns before engaging with a rating agency.
Learn moreAnalyse how strategic decisions such as expansion, M&A, IPOs, or restructuring may impact your financial metrics and overall credit profile.
Learn moreAdvisory support to achieve an RP4 or higher rating under Independent Credit Evaluation, ensuring alignment with RBI regulatory requirements.
Learn moreAssess the financial strength and reliability of customers, suppliers, or partners to reduce risk and support informed business decisions.
Learn moreOngoing support to protect and strengthen your rating through every surveillance cycle, so a hard-won rating is never lost to a weak review.
Learn moreThe gap between a strong business and a strong rating is rarely the numbers. It is the story, how clearly your fundamentals reach the analyst deciding your rating.
Rating agencies apply rigorous methodologies within tight timelines. Our role is to help you present your fundamentals with the clarity and completeness analysts need, so your rating reflects your real strengths.
Ritessh Kumar Jain began his career as a ratings analyst inside a leading agency. He prepares your case knowing what the analyst deciding your rating is actually looking for.
Our shadow rating exercise surfaces the outcome you are heading toward, and the gaps behind it, while there is still time to act, not after.
From your first rating through every surveillance review, the same team manages your case. No re-explaining your business from scratch each year.
BBB- target, A- delivered. 'D' to BBB+ over six years. These are recorded results from past engagements, see them in the case studies below, not the pitch.
We are not a rating agency. We do not rate issuers, and we do not solicit business from them. The only interest we represent is yours.
We have successfully delivered results across diverse industries, offering strategies tailored to each sector's dynamics.
Tailored credit-rating strategy for the infrastructure & real assets sector.
See How We Can HelpTailored credit-rating strategy for the manufacturing & industry sector.
See How We Can HelpTailored credit-rating strategy for the chemicals, pharma & speciality sector.
See How We Can HelpTailored credit-rating strategy for the consumer, agro & food processing sector.
See How We Can HelpTailored credit-rating strategy for the financial services, trade & hospitality sector.
See How We Can HelpWe engaged Ritessh Kumar Jain during a phase when our balance sheet appeared stressed due to the extended seasonality and cyclical nature of our industry. His deep understanding of our business model and risk profile helped articulate our case effectively to the rating agency, allowing us to retain our rating despite tough conditions. Over our continued association, Ritessh has provided strategic guidance that has laid a robust foundation for future rating interactions. We truly value his expertise.
Our credit rating journey from BB to BBB+ has been steered by Ritessh over the years. His commitment, professionalism have stood out consistently. We are fully satisfied with his services and would readily recommend him to any company seeking credible rating advisory.
Despite strong business performance, our rating didn't reflect our true potential, until Ritessh came on board. His involvement helped dismantle perception hurdles and frame our strengths compellingly. Beyond securing a rating improvement, Ritessh empowered us by helping us understand the methodology and factors influencing ratings. His collaborative approach and depth of knowledge were invaluable.
When we started our rating journey, we aimed for a BBB- but ended up securing a BBB thanks to Ritessh's proactive and knowledgeable guidance. He made the entire process seamless, addressing every concern and equipping our team with the right insights. We highly recommend his services.
As a newly incorporated company with no rating experience, our initial B+ rating led to concerns from our bankers. That's when we approached Ritessh. With his strategic inputs and group-level positioning, we secured a BBB- rating, unlocking the much-needed working capital. His intervention came at a critical time, and delivered real impact.
Even during a downturn in our business, Ritessh's guidance ensured that our downgrade stayed within investment grade limits, an outcome that preserved our ability to raise capital. His analytical foresight and consistent support helped us navigate through uncertain times with confidence.
Neofincred played a key role in managing the engagement end-to-end, from initial assessment and preparation to interactions with the rating agency and successful closure of the exercise. Their approach was highly structured, detail-oriented, and well aligned with the expectations of credit rating agencies. They demonstrated a strong understanding of our business model, financial profile, and key rating drivers. The team was proactive in identifying potential concerns and provided valuable guidance in effectively presenting our business strengths and risk mitigants. Their involvement contributed meaningfully to achieving a fair and appropriate rating outcome, reflective of our business fundamentals. We would be happy to recommend Neofincred Advisors LLP to any organisation seeking expert support in credit rating advisory.
We engaged Ritessh Kumar Jain during a phase when our balance sheet appeared stressed due to the extended seasonality and cyclical nature of our industry. His deep understanding of our business model and risk profile helped articulate our case effectively to the rating agency, allowing us to retain our rating despite tough conditions. Over our continued association, Ritessh has provided strategic guidance that has laid a robust foundation for future rating interactions. We truly value his expertise.
Our credit rating journey from BB to BBB+ has been steered by Ritessh over the years. His commitment, professionalism have stood out consistently. We are fully satisfied with his services and would readily recommend him to any company seeking credible rating advisory.
Despite strong business performance, our rating didn't reflect our true potential, until Ritessh came on board. His involvement helped dismantle perception hurdles and frame our strengths compellingly. Beyond securing a rating improvement, Ritessh empowered us by helping us understand the methodology and factors influencing ratings. His collaborative approach and depth of knowledge were invaluable.
When we started our rating journey, we aimed for a BBB- but ended up securing a BBB thanks to Ritessh's proactive and knowledgeable guidance. He made the entire process seamless, addressing every concern and equipping our team with the right insights. We highly recommend his services.
As a newly incorporated company with no rating experience, our initial B+ rating led to concerns from our bankers. That's when we approached Ritessh. With his strategic inputs and group-level positioning, we secured a BBB- rating, unlocking the much-needed working capital. His intervention came at a critical time, and delivered real impact.
Even during a downturn in our business, Ritessh's guidance ensured that our downgrade stayed within investment grade limits, an outcome that preserved our ability to raise capital. His analytical foresight and consistent support helped us navigate through uncertain times with confidence.
Neofincred played a key role in managing the engagement end-to-end, from initial assessment and preparation to interactions with the rating agency and successful closure of the exercise. Their approach was highly structured, detail-oriented, and well aligned with the expectations of credit rating agencies. They demonstrated a strong understanding of our business model, financial profile, and key rating drivers. The team was proactive in identifying potential concerns and provided valuable guidance in effectively presenting our business strengths and risk mitigants. Their involvement contributed meaningfully to achieving a fair and appropriate rating outcome, reflective of our business fundamentals. We would be happy to recommend Neofincred Advisors LLP to any organisation seeking expert support in credit rating advisory.
From first-time issuers to long-term turnarounds, see how businesses across India achieved outcomes that often exceeded their own expectations.
Cyclical seasonality made the year-end numbers look stressed. We reframed the credit story around the real trading cycle, and the company held its investment-grade rating across two consecutive review cycles.
Read the Full StoryA newly incorporated infrastructure company needed at least BBB- to move its banking discussions forward, with no standalone track record. We structured the first-time rating end to end, and it secured a BBB, one notch above target.
Read the Full StoryStable operations, but a Negative outlook was unsettling lenders. The issue was perception, not performance. We rebuilt the narrative around group strength and forward visibility, and the company secured a BBB (Stable), above its BBB- expectation.
Read the Full StoryA first-time road SPV carried a perception drag from a lower-rated sponsor. We separated the project's standalone strength with a scenario-tested cash-flow model, and it secured a BBB against a BBB- target. The parent entity later upgraded too.
Read the Full StoryDowngraded to 'D' after defaults, then handed to new owners, the legacy still shadowed every assessment. Over a six-year engagement we rebuilt credibility cycle by cycle, culminating in a BBB+ in 2025.
Read the Full StoryA first-time logistics issuer expected a BBB- at best, given its scale and fragmented promoter profile. We structured the cash-flow model, arranged the site visit, and closed every analytical concern, and it secured an A-, three notches above expectation.
Read the Full Story