ABDL gets rating upgrade from India Ratings to AA-

Rating UpgradedCredit & Debt View source PDF Explain this filing

ABDL · price

Loading chart…

▲ 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

-2.4%Reaction day

₹613.00

prior close

₹603.70

announcement price

In-mkt

timing

Nifty Smallcap 250market-0.6%-1.8% vs market

Breweries & Distilleries peers, median of 25sector+0.1%-2.6% vs sector

On the reaction day the stock moved 1.8 pts less than Nifty Smallcap 250 and 2.6 pts less than its Breweries & Distilleries 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

-0.1

10m

+0.0

15m

+0.1

30m

-0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.4-0.6-1.8+0.1-2.6

Next day

-3.8-0.0-3.7+0.6-4.4

-2.5+0.4-2.8-0.6-1.9

-0.3+0.2-0.5-0.4+0.0

+3.3+0.0+3.3+1.1+2.2

+0.4+0.6-0.2+0.6-0.2

-0.5+0.8-1.3-0.2-0.3

15d

-1.3+0.5-1.8-4.9+3.6

+7.0-0.4+7.4-6.5+13.5

+20.4-5.0+25.3-6.8+27.2

—————

UpDownMarket · Nifty Smallcap 250Sector · Breweries & Distilleries peers, median of 25Pending

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

AI summary

India Ratings upgraded ABDL's long-term bank facilities to IND AA-/Stable from IND A, and short-term to IND A1+ from IND A1. Existing facilities of INR 12,750 million upgraded; new INR 3,250 million facilities assigned, taking total rated limits to INR 16,000 million. Upgrade driven by 10.81% revenue CAGR over FY21-FY26, EBITDA margin rising to 13.81% in FY26 from 7.28% in FY24, and stable net leverage at 1.87x. Backward integration to 100% ENA by FY29, premiumisation and pan-India presence cited as strengths. Constraints include Telangana receivables and ENA/packaging cost volatility.

Likely market impact

Positive: stronger credit profile likely lowers borrowing costs, signals improved financial health and may boost investor sentiment.