Credit Rating by CRISIL Ratings Limited
POKARNA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
CRISIL Ratings has completed its periodic review of credit ratings for Pokarna Limited and its wholly owned subsidiary Pokarna Engineered Stone Limited. Both entities maintain their Long Term Rating at CRISIL A-/Stable and Short Term Rating at CRISIL A2+. Pokarna Limited has Rs. 34.98 crore in rated bank facilities while the subsidiary has Rs. 651.52 crore, bringing the combined rated exposure to Rs. 686.50 crore. The ratings have been confirmed as unchanged from the previous period (April 1, 2026 to May 19, 2026). Union Bank of India is the sole lending bank for both entities. This is a routine surveillance rating review with no change in outlook.
The maintenance of investment-grade ratings (CRISIL A-/A2+) indicates continued strong creditworthiness and ability to service debt obligations. This is a neutral to slightly positive development for shareholders, reflecting stable financial health of the company and its subsidiary.