CARE Ratings downgrades Aarti Surfactants credit rating on subdued margins

Credit rating downgradedCredit & Debt View source PDF Explain this filing

AARTISURF · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-1.4%Reaction day

₹405.00

prior close

₹405.55

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.4%-2.7% vs market

Specialty Chemicals peers, median of 89sector+0.4%-1.8% vs sector

On the reaction day the stock moved 2.7 pts less than Nifty Microcap 250 and 1.8 pts less than its Specialty Chemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.3

10m

+1.1

15m

+0.6

30m

+0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.4+1.4-2.7+0.4-1.8

Next day

-1.7+1.4-3.1+0.9-2.7

-2.2+0.9-3.1+0.4-2.6

-3.2+0.3-3.6+0.7-3.9

-3.7-0.4-3.2-0.2-3.5

-4.5-0.5-4.0-0.3-4.2

-2.9+1.1-4.0+0.3-3.2

15d

-5.3-2.5-2.8-2.8-2.5

+4.5-6.1+10.6-7.2+11.7

+0.0-2.8+2.8-6.6+6.6

-17.0-14.9-2.1-19.0+2.0

UpDownMarket · Nifty Microcap 250Sector · Specialty Chemicals peers, median of 89Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

CARE Ratings has downgraded Aarti Surfactants' credit ratings. Long-term bank facilities of about 208.87 crore rupees cut from CARE A minus Stable to CARE BBB plus Stable. Preference shares of 18.50 crore rupees cut from BBB plus to BBB, both Stable. Reason cited is subdued margins in H1 FY26. The company had requested a revision but the rating committee did not upgrade.

Likely market impact

Negative for shareholders; signals weaker profitability, may raise future borrowing costs and dent investor confidence in the stock.