Dreamfolks Services Limited has informed the Exchange about Credit Rating
DREAMFOLKS · price
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Awaiting price reaction for this filing.
CRISIL Ratings has reviewed Dreamfolks Services Limited's bank loan facilities totaling Rs. 145 crore, enhanced from the earlier Rs. 95 crore. The long-term rating of CRISIL BBB+/Stable has been reaffirmed, indicating a stable credit profile. A new short-term rating of CRISIL A2 has been assigned for the first time. The enhanced limit is spread across DBS Bank (Rs. 50 crore), HDFC Bank (Rs. 55 crore including non-fund based), and ICICI Bank (Rs. 40 crore). The rating is valid until March 31, 2026.
The reaffirmation of the BBB+/Stable long-term rating signals steady creditworthiness and no deterioration in financial health, which is positive for existing and prospective lenders. The enhancement of bank facilities from Rs. 95 crore to Rs. 145 crore indicates improved access to funding, supporting growth or working capital needs, and may be mildly positive for the stock.