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Crisil Ratings Limited has assigned credit ratings to Flomic Global Logistics Ltd's bank loan facilities totalling Rs. 45 crore. The long-term rating is BBB- with a Stable outlook, while the short-term rating is A3. The bank-wise breakdown shows a Bank Guarantee of Rs. 2 crore rated A3 and a Cash Credit facility of Rs. 43 crore rated BBB-/Stable with ICICI Bank. The rating was assigned on April 16, 2026, and the letter remains valid till March 31, 2027. Crisil notes the rating was BBB-/Stable/Crisil A3 during April 1-15, 2026, indicating no change in this period.
The BBB-/Stable rating is a lower-medium investment grade, indicating adequate safety for debt repayment. The A3 short-term rating reflects moderate vulnerability to non-payment. Together, these suggest the company has acceptable creditworthiness for its banking relationships.