CARE Ratings upgrades Mafatlal Industries to A-/A2+ from BBB+/A2

Rating UpgradedCredit & Debt View source PDF Explain this filing

MAFATIND · 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

-0.1%Reaction day

₹111.10

prior close

₹110.50

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.3%-0.4% vs market

Other Textile Products peers, median of 183sector+0.0%-0.1% vs sector

On the reaction day the stock moved 0.4 pts less than Nifty Microcap 250 and 0.1 pts less than its Other Textile Products 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

-0.4

10m

-0.4

15m

-0.4

30m

-0.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.1+0.3-0.4+0.0-0.1

Next day

+0.8+1.1-0.3+0.0+0.8

+1.1+1.3-0.2+0.3+0.8

+0.8+2.0-1.2+1.3-0.5

+1.3+0.3+0.9+0.3+0.9

+0.5+1.1-0.6+0.3+0.1

-2.2-3.2+1.1-2.5+0.4

15d

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UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 183Pending

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

AI summary

CARE Ratings upgraded Mafatlal Industries' bank facility ratings to A-/Stable for long-term and A2+ for short-term, up from BBB+/Stable and A2. The upgrade reflects about 40 percent revenue CAGR over FY23-FY26 reaching Rs 3,871 crore, a net cash position with about Rs 130 crore in free cash, and a Rs 890 crore order book. Q1FY27 revenue was Rs 942 crore with 1.9 percent PBILDT margin.

Likely market impact

Positive: stronger credit profile signals improved financial health, may lower future borrowing costs and reflects sustained business growth.