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CRISIL has upgraded G G Automotive Gears Ltd's credit ratings on its Rs 25 crore bank facilities. The long-term rating moved up to CRISIL BBB/Stable from CRISIL BBB-/Stable, and the short-term rating moved up to CRISIL A3+ from CRISIL A3. CRISIL cited improved operating performance, consistent revenue growth (from Rs 95.44 cr in FY24 to Rs 114.48 cr in FY25, and Rs 61.26 cr in H1 FY26), enhanced profitability (PAT margin rose to 6.77% in FY25 from 4.64%), and a strengthening financial risk profile. The company has a healthy order book of about Rs 105 crore and promoters have infused Rs 12.5 crore of capital over the past two years.
The rating upgrade signals improving financial health and lower credit risk, which may help the company borrow at better rates and boost investor confidence. Shareholders may view this as a positive indicator of the company's growth trajectory and stronger balance sheet.