Subsidiary Beta Wind Farm credit rating upgraded by CRISIL
GREENPOWER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved in line with Nifty Microcap 250 and 0.2 pts more than its Power Generation peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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CRISIL upgraded subsidiary Beta Wind Farm (74% held) rating from BBB-/Positive to BBB/Stable on Rs 617.79 crore IREDA term loans. Drivers: better machine availability, PLF rising to 19.8% in FY26 from 18% in FY25, stronger cash accruals and debt servicing capacity. Subsidiary PAT grew to Rs 37 crore in FY26 from Rs 5.8 crore in FY25. Parent Orient Green Power committed Rs 15 crore group-level liquidity buffer for subsidiary debt servicing.
Positive. Reflects stronger financial health of key subsidiary, better debt servicing ability, and supportive parent backing, reducing credit risk concerns.