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Jay Ushin Ltd announced that Crisil Ratings Limited has reaffirmed and withdrawn ratings of Rs. 125 crore for Total Bank Loan Facilities at BBB-/Stable and A3 for RBI Short Term, while also withdrawing ratings for individual Bank Loan instruments; additionally, Crisil has withdrawn ratings for standalone business evaluations and various instruments including Purchase Bill Discounting (Rs. 55.00, Crisil A3), Working Capital (Rs. 39.80, Crisil BBB-/Stable), Term Loans (Rs. 17.00, Rs. 13.20, and NA Term Loan, all Crisil BBB-/Stable), Fund Based Facilities LT/ST (Rs. 125.0, A3/BBB-/Stable), and Working Capital Facilities (Rs. 30 and Rs. 9.8, both Crisil BBB-/Stable), with the rationale for these actions, and further details on revenue (Rs. 969 crore in Fiscal 2026, projected at Rs. 1,018 crore in Fiscal 2027), operating margin (3-4%), and debt metrics (gearing below 1 time, interest coverage over 2 times), available in the rationale document accessible at the provided Crisil Ratings links.
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