CRISIL upgrades long-term rating to AA+; firm fully repays Rs 150 Crore NCDs

Rating UpgradedDebt PrepaidCredit & Debt View source PDF Explain this filing

KPIL · price

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

Price reactionminutes from the announcement price · days from the prior close

-1.6%Reaction day

₹1387.50

prior close

₹1383.90

announcement price

In-mkt

timing

Nifty Smallcap 250market+0.1%-1.7% vs market

Civil Construction peers, median of 97sector+0.0%-1.6% vs sector

On the reaction day the stock moved 1.7 pts less than Nifty Smallcap 250 and 1.6 pts less than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.1

10m

-0.0

15m

+0.0

30m

-0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.6+0.1-1.7+0.0-1.6

Next day

-3.4-1.1-2.3-1.7-1.7

-6.1-3.3-2.8-4.4-1.8

-6.2-4.4-1.9-6.3+0.1

-6.1-7.0+1.0-7.9+1.9

-6.9-6.0-0.9-7.1+0.1

-3.8pendingpending-6.3+2.4

15d

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UpDownMarket · Nifty Smallcap 250Sector · Civil Construction peers, median of 97Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

CRISIL has upgraded Kalpataru Projects International's long-term bank facility and NCD ratings from AA/Stable to AA+/Stable, while reaffirming the short-term rating at A1+. The upgrade covers bank facilities, the Rs 150 Crore NCDs (ISIN INE220B08126), and the Rs 250 Crore Commercial Paper programme. Separately, CRISIL has withdrawn the rating on Rs 150 Crore of NCDs (ISIN INE220B08100) as the company has fully repaid them.

Likely market impact

Positive for shareholders: rating upgrade signals stronger credit profile and lower borrowing costs, while full NCD repayment improves the debt structure.