Announced Wed, 19 Aug, 2026 · 13:31 IST
Credit rating affirmed at IND BBB-, removed from Rating Watch
KHAICHEM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-0.4%1-day move
₹56.70
prior close
₹58.29
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.3-1.5-1.1-1.4-0.4-1.6-5.0-0.0+0.3-2.3-6.2-12.4——
Up moveDown movePending
AI summary
India Ratings affirmed KCFL's bank loan rating at IND BBB-/Stable, removing the earlier Rating Watch with Developing Implications. Covers Rs5,363.1 million in facilities. Affirmation driven by healthy FY26 EBITDA of Rs1,130 million (up from Rs231 million in FY25), improved net leverage to 3.3x from 15.8x, and Rs400.7 million additional ECLGS 5.0 sanction. Key risks include sulphur price volatility from Middle East tensions.
Likely market impact
Rating stable at lowest investment grade; watch removal is mildly positive, but sulphur cost risks and stretched working capital remain credit concerns.