Pursuant to Regulation 30 read with Para A of Schedule lll of the SEBI (Listing Regulations ans Disclosure Requirements) Regulations,2015 we wish to inform that Infomerics Ratings vide ....
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Infomerics Ratings has reaffirmed RTS Power Corporation's credit ratings: long-term bank facilities at IVR BB+/Stable and short-term facilities at IVR A4+, with a stable outlook. The total bank facility amount was enhanced from Rs. 54.84 crore to Rs. 59.97 crore, comprising Rs. 20.87 crore long-term (up from Rs. 17.44 crore) and Rs. 39.10 crore short-term (up from Rs. 37.40 crore). The reaffirmation reflects a comfortable capital structure (gearing of 0.09x), adequate liquidity, and experienced management. However, concerns remain over a sharp decline in EBITDA margin to 3.81% in FY25 from 7.06% in FY24, elongated operating cycle of 118 days, and exposure to raw material price volatility (copper and aluminium). Total operating income nearly doubled to Rs. 113.93 crore in FY25.
Neutral to slightly positive for shareholders — the rating was maintained at the same level with a stable outlook, and credit lines were increased, signaling continued banker confidence. However, the sharp drop in operating margins highlights ongoing profitability pressure that could limit upside.