Credit rating upgraded from BB+ to BBB- on Rs 719 Cr bank facilities

Rating UpgradedCredit & Debt View source PDF Explain this filing

OMINFRAL · 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

-0.3%Reaction day

₹91.31

prior close

₹91.01

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.1%-0.5% vs market

Civil Construction peers, median of 98sector-0.2%-0.2% vs sector

On the reaction day the stock moved 0.5 pts less than Nifty Microcap 250 and 0.2 pts less than its Civil Construction 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

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10m

+0.3

15m

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30m

-0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.3+0.1-0.5-0.2-0.2

Next day

-1.8-0.9-0.9-1.6-0.2

-4.0-0.2-3.8-1.6-2.4

-5.5-0.7-4.8-1.9-3.6

-3.8-1.8-2.1-2.7-1.1

-4.0-1.2-2.8-2.8-1.1

-4.0-2.0-2.0-3.6-0.4

15d

+0.9+0.0+0.9-3.5+4.5

-5.4+2.5-7.9-4.8-0.6

-14.4+1.1-15.4-9.7-4.7

-23.3+1.2-24.5-11.5-11.8

UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 98Pending

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

AI summary

Infomerics assigned IVR BBB-/Stable (long-term) and IVR A3 (short-term) ratings for Om Infra's Rs 718.96 Cr bank facilities, an upgrade from CARE BB+/Stable and A4+. Drivers include comfortable capital structure (gearing 0.16x) and healthy Rs 2,107 Cr orderbook. Concerns remain: revenue fell 29.7% to Rs 468 Cr, PAT dropped to Rs 21.8 Cr, and working capital cycle stretched to 227 days.

Likely market impact

Rating upgrade signals stronger credit profile and may help lower borrowing costs. Revenue decline and stretched working capital are watchpoints.