Announced Fri, 25 Sept, 2026 · 13:08 IST
ICRA upgrades Bharat Seats long-term rating to A plus; outlook stable
BHARATSE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-3.6%1-day move
₹217.95
prior close
₹214.67
base price
In-mkt
timing
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AI summary
ICRA has upgraded Bharat Seats long-term credit rating from A to A plus (Stable) on its term loan and fund-based working capital facilities, citing 51 percent revenue growth in FY2026 driven by strong content per vehicle gains and rising share with Maruti Suzuki. Short-term rating A1 was reaffirmed. Total rated amount was enhanced from Rs 134.32 crore to Rs 188.96 crore. Debt metrics improved with TD/OPBITDA falling to 1.1 times from 2.0 times.
Likely market impact
Positive signal. Rating upgrade and enhanced credit limits reflect stronger earnings and improved financial profile, supportive of investor confidence.