Infomerics Valuations and Rating Limited has upgraded/assigned credit rating for the bank facilities availed by the Company.
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Monika Alcobev Ltd has received a credit rating upgrade from Infomerics Valuation and Rating Limited for its bank facilities, effective September 15, 2025. The long-term bank facility rating was upgraded from IVR BBB-/Stable to IVR BBB/Stable on Rs. 136.10 crore (enhanced from Rs. 133 crore), and a new long-term rating of IVR BBB/Stable was assigned on an additional Rs. 18.15 crore facility. The short-term bank facility rating was also upgraded from IVR A3 to IVR A3+ on Rs. 18.75 crore (enhanced from Rs. 15 crore). Total bank facilities now stand at Rs. 173 crore. The upgrades reflect Infomerics' positive assessment of the company's operational and financial performance for FY2025.
This rating upgrade signals improved creditworthiness and lower perceived default risk for Monika Alcobev, which may help the company secure future borrowing at better interest rates. For shareholders, it reflects positively on the company's financial health and lender confidence, though the company remains in the moderate credit quality (BBB) category.