HP Adhesives Limited has informed the Exchange about Credit Rating
HPAL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
CARE Ratings has reviewed and reaffirmed HP Adhesives' credit ratings on September 24, 2025. The company's Long Term / Short Term Bank Facilities of ₹37.96 crore retain the rating of CARE BBB (Stable outlook) for the long-term portion and CARE A3+ for the short-term portion. A separate long-term bank facility with zero outstanding amount has been withdrawn, which is an administrative cleanup with no financial impact. CARE BBB is an investment-grade rating indicating adequate financial health, and the Stable outlook suggests no immediate concerns.
This is a neutral-to-slightly-positive signal for shareholders — the reaffirmation of investment-grade ratings with a Stable outlook suggests the company's credit profile remains unchanged and lenders continue to view it as financially sound, with no change in borrowing costs expected.