GHCLTEXTILNSEGHCL Textiles LimitedMediumNeutral
Announced Tue, 1 Jul · 14:47 IST

Ghcl Textiles Limited has informed the Exchange about Credit Rating

Credit & Debt View source PDF

GHCLTEXTIL · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

CARE Ratings has reaffirmed the credit ratings of GHCL Textiles Limited across all its bank facilities, totaling Rs. 605.89 crore. The long-term bank facilities of Rs. 5.89 crore retained a rating of CARE A- with a Stable outlook, the long-term/short-term facilities of Rs. 500 crore kept CARE A-; Stable / CARE A2+, and the short-term facilities of Rs. 100 crore held CARE A2+. The rated amount on the long-term term loans was reduced from Rs. 17.21 crore to Rs. 5.89 crore, reflecting the declining outstanding balance as of May 31, 2025, based on FY25 audited results.

Likely market impact

A reaffirmation of ratings with a Stable outlook signals that CARE sees no change in the company's creditworthiness, which is generally neutral to mildly positive for shareholders and lenders. Investors can take comfort that borrowing costs and access to credit lines are likely to remain stable.