In a significant development, Jassar Dental Education, Medical and Healthcare Trust (JDMEHF), which oversees the DJ Group of Educational Institutions in Modinagar (Ghaziabad), has announced that Infomerics Valuation and Rating Private Limited, a financial rating agency approved by the Securities and Exchange Board of India (SEBI), has affirmed its rating on its total bank credit facilities of Rs 302.18 crore.
According to Infomerics, the trust’s long-term bank credit facilities worth Rs 247.18 crore have been upgraded to an IVR rating of BBB/Stable (IVR Triple B with a stable outlook) from Rs 40.80 crore earlier.
Its short-term bank credit facilities worth Rs 55 crore have been upgraded to an IVR rating of A3+ (IVR A Three Plus) from Rs 24 crore earlier.
"The rating assigned by Informerics reflects the strong institutional foundation we have built in delivering quality healthcare services while advancing dental and medical education. It reinforces our commitment to operational excellence, financial discipline, and long-term growth as we continue to invest in healthcare infrastructure, education, and community healthcare initiatives," said Rhitik Jassar, Chairman, DJ Group of Institutions and Jassar Dental Medical Education Health Foundation.
The assessment took into account the operational and financial performance of the company for the audited financial year 2025, the unaudited results for the first ten months of 2026, as well as other recent events that have impacted its financial and operational performance.
The improvement comes at a time when the company, under the leadership of Hrithik Jassar, has continued to strengthen its healthcare and education ecosystem. The group is currently developing its flagship project, DJ Medicity, an integrated healthcare and medical education campus located in the Delhi-NCR region. It aims to enhance healthcare capacity, medical training and research infrastructure.
Furthermore, the trust maintains established banking relationships with leading financial institutions such as Bank of Baroda and HDFC Bank. This enables it to access financing at competitive rates of 7.5%, broadly comparable to the interest rates offered to established businesses.
This rating reflects the Foundation's prudent financial management, the sustainability of its operational performance, and its corporate governance, which supports its continued expansion in healthcare services and medical education.
About The Foundation
Jassar Dental Medical Education Health Foundation (JDMEHF) is a registered charitable society dedicated to advancing healthcare education and medical services in India.
The foundation operates the DJ Group of Institutions in Modinagar, Ghaziabad, which includes institutions offering programs in dental sciences, ayurveda, pharmacy, nursing, and paramedical education.
The group has been in the academic and clinical sector for over more than two decades and is expanding its integrated healthcare and education ecosystem through the development of DJ Medicity, a large healthcare and medical education campus in the Delhi NCR region.
Disclaimer: The information is written on the basis of the foundation's official statement only.