Accuracy Shipping Limited has informed the Exchange about Credit Rating- Revision
ACCURACY · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.0 pts less than Nifty Microcap 250 and 1.6 pts less than its Logistics Solution Provider peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
CRISIL Ratings has downgraded Accuracy Shipping Limited's long-term bank facility rating from 'CRISIL BBB-/Stable' to 'CRISIL BB+/Stable', affecting total bank loans of Rs. 128 crore. The downgrade reflects weakening business performance, with operating income falling to Rs. 355 crore in H1 FY26 from Rs. 451 crore in H1 FY25, and operating margin remaining subdued at 3.4%. The rating still factors in strengths such as the promoters' two-decade logistics experience, prudent working capital management, and a moderate capital structure with gearing of 1.13 times. The outlook remains stable, and the company says it is taking measures to navigate challenging conditions in the logistics sector and global trade uncertainties.
The rating downgrade signals weaker creditworthiness and may lead to higher borrowing costs or tighter lending terms for the company. Existing shareholders should expect short-term negative sentiment on the stock, though liquidity is described as adequate with bank limits well utilised at 94%.