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Premier Polyfilm's debt instruments received reaffirmations from CRISIL, including ratings for Rs. 54 crore facilities

10-Aug-26   12:46 Hrs IST
Premier Polyfilm Ltd announced reaffirmations from multiple rating agencies regarding its various debt instruments. CRISIL reaffirmed its ratings of BBB+/Stable for Long Term Bank Loan Facilities (Rs. 54 Crore) and A2 for the Short Term Rating, along with a Crisil BBB+/Stable/Crisil A2 rating for Total Bank Loan Facilities (Rs. 54 Crore), Long Term Rating, and Short Term Rating. The reaffirmations also extend to instruments rated by RBI, including Cash Credit (Rs. 25.50, Rs. 14, and Rs. 11.5), Foreign Exchange Forward (Rs. 1.00 and Rs. 0.25, Rs. 0.75), Letter of Credit (Rs. 14.25), Proposed Fund-Based Bank Limits (Rs. 0.04), Working Capital Demand Loan (Rs. 0.83), Long Term Loan (Rs. 12.38), and Fund Based Facilities (Rs. 39.75, with one assigned a BBB/Positive outlook), alongside Non-Fund Based Facilities (Rs. 14.25), with a revision noted for a PP-MLD, indicating a change in rating symbols rather than a rating change, and highlighting a healthy financial risk profile with strong debt protection metrics.

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