Denta Water and Infra Solutions Limited has informed the Exchange about Credit Rating
DENTA · price
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CareEdge Ratings has reaffirmed Denta Water and Infra Solutions Limited's credit ratings at CARE BBB; Stable for long-term facilities and CARE BBB; Stable / CARE A3+ for combined long-term/short-term facilities. The company has two rated bank facilities totaling Rs.111 crore - Rs.10.50 crore in long-term bank facilities (cash credit) and Rs.100.50 crore in long-term/short-term facilities (letters of credit and bank guarantees). Notably, the Long Term/Short Term facility size was increased from Rs.70.50 crore to Rs.100.50 crore, indicating the lender's continued confidence. The reaffirmation was based on the company's operational and financial performance for FY25 and 9MFY26. The BBB rating is investment grade, indicating moderate safety for debt repayment.
The reaffirmation of investment-grade ratings is neutral to positive for shareholders. The facility size increase suggests banks remain supportive of the company's creditworthiness. No immediate negative impact on the stock is expected, and the stable outlook indicates ratings are unlikely to change in the near term.