Sanstar Limited has informed the Exchange about Credit Rating- reaffirmed by the CARE Ratings Limited
SANSTAR · price
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CARE Ratings Limited has re-affirmed Sanstar Limited's credit ratings following a review based on the company's operational and financial performance for FY25 (Audited) and 9MFY26 (Audited). The Long Term/Short Term Bank Facilities of Rs. 95 crore have been rated CARE BBB+ with a Stable outlook and CARE A2. Short Term Bank Facilities of Rs. 18.75 crore have been rated CARE A2. Total rated facilities stand at Rs. 113.75 crore across Karur Vysya Bank. The reaffirmation reflects CARE's view that the company's credit profile remains unchanged based on recent performance trends.
The reaffirmation is a positive signal for investors as it indicates Sanstar's financial health and debt servicing capability remain stable, with no immediate concern over credit quality. Investment-grade ratings (BBB+ and A2) suggest low credit risk.