Announced Wed, 17 Jun · 10:50 IST
CRISIL reaffirms Thejo Engineering ratings at A/Stable and A1
Credit & Debt View source PDF
THEJO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+4.8%1-day move
₹1674.50
prior close
₹1694.00
base price
In-mkt
timing
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+0.4+0.9+1.5+1.7+4.8+7.9+9.0+7.2+8.1+9.0+12.2+13.0——
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AI summary
CRISIL Ratings has reaffirmed Thejo Engineering Limited's bank loan facility ratings. Long-term rating of CRISIL A/Stable on Rs 70.08 Crore and short-term CRISIL A1 on Rs 67.42 Crore reaffirmed for total bank loan facilities of Rs 137.50 Crore. FY26 revenue grew 14 percent YoY to Rs 632 Crore. Operating margin moderated to 13 percent from 16.7 percent, while gearing stayed low at 0.1 times with strong interest coverage of 17 times.
Likely market impact
Stable reaffirmation signals steady credit profile. No rating change; A/Stable outlook reflects consistent business and financial health.