Compucom Software Limited has informed the Exchange about Credit Rating- Revision
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Awaiting price reaction for this filing.
CARE Ratings (Care Edge) has reviewed Compucom Software's bank facilities based on FY25 performance and reaffirmed existing ratings. Long-term bank facilities of Rs. 7 crore with IndusInd Bank remain at CARE BBB- with Stable outlook. Long-term/short-term bank facilities with SBI were enhanced from Rs. 14 crore to Rs. 14.50 crore and also reaffirmed at CARE BBB-/A3 with Stable outlook. A short-term facility of Rs. 0 crore was formally withdrawn. Total rated bank facilities stand at Rs. 21.50 crore. The rating rationale is to be shared separately, and a press release is planned.
For shareholders, this is a neutral-to-mildly-positive signal — the rating was maintained without any downgrade, indicating stable credit health. However, the BBB- rating sits at the lowest rung of investment grade, so any deterioration in financials could push the company toward junk status, which would raise borrowing costs.