The Credit rating agency INFOMERICS VALUATION AND RATING LTD. vide its letter dated September 11, 2025 has affirmed/ assigned ratings to the various facilities of the Company.
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Infomerics Valuation and Rating Ltd. has reaffirmed NHC Foods' credit rating at IVR BBB-/Stable for its existing bank facilities totaling about Rs. 39.19 crore, covering a term loan (Rs. 3.19 crore), cash credit (Rs. 25 crore), and export packing/pre-shipment credit in foreign currency (Rs. 11 crore). Earlier, these facilities were on 'Rating Watch with Developing Implications'; the agency has now removed the watch, reaffirmed the rating, and assigned a Stable outlook. Additionally, a new proposed long-term cash credit facility of Rs. 20.81 crore has been assigned the same IVR BBB-/Stable rating, taking total rated facilities to Rs. 60 crore. The rating is valid for one year from September 11, 2025.
For shareholders, this is a mildly positive signal — the rating itself is unchanged at BBB- (lower-medium investment grade), but coming off 'Rating Watch' and securing a Stable outlook reduces near-term uncertainty about the company's credit profile. The new rating for the proposed Rs. 20.81 crore facility also suggests the company is lining up additional working-capital funding, which could support operations.