Announced Tue, 18 Aug · 18:05 IST
CRISIL lifts rating watch, reaffirms ratings with stable outlook
UTLSOLAR · 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
+0.7%1-day move
₹472.00
prior close
₹472.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.9+1.6+0.9+1.9+0.7+0.4————————
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AI summary
CRISIL has removed Fujiyama Power Systems bank loan ratings from Rating Watch with Developing Implications and reaffirmed them. Long term at A/Stable and short term at A1, covering Rs 500 crore in facilities. The watch was placed in May 2026 after a fire at the Bawal battery plant caused about Rs 143.58 crore in insured losses. Q1FY27 revenue more than doubled to over Rs 1345.69 crore from Rs 597.35 crore year ago, with EBITDA margins above 19 percent. Fiscal 2026 revenue was Rs 2655 crore.
Likely market impact
Positive: rating watch lifted, outlook stable. Strong Q1FY27 revenue growth over 125 percent supports confidence.