Khadim India Limited has informed the Exchange about Credit Rating
KHADIM · 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 Khadim India's bank facilities worth ₹182.95 crore based on FY25 audited and H1FY26 unaudited results. The long-term rating of CARE BBB has been reaffirmed and removed from 'Rating Watch with Developing Implications,' with a Stable outlook now assigned. The short-term rating of CARE A3+ has also been reaffirmed and removed from the watch. The rating action suggests the earlier uncertainty about the company's credit profile has been resolved positively.
This is mildly positive for shareholders — the ratings themselves haven't changed, but being taken off the developing watch and getting a Stable outlook reduces credit risk concerns. Investors should note the company remains in the BBB investment-grade bracket, reflecting moderate credit quality.