Revised Credit rating from CARE Ratings Limited for the year 2025-26
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
CARE Ratings Limited has reaffirmed the credit ratings of Three M Paper Boards Limited based on its FY25 audited and H1FY26 unaudited performance. Long Term Bank Facilities have been reaffirmed at CARE BBB- (Stable), with the rated amount significantly enhanced from ₹50.66 crore to ₹82.91 crore. Short Term Bank Facilities have been reaffirmed at CARE A3 for ₹2.50 crore. A short-term facility of negligible value (₹0.00 crore) has been withdrawn. Total rated facilities now stand at ₹85.41 crore across lenders including Axis Bank, SBI, Federal Bank, and SVC Co-operative Bank.
The reaffirmation at BBB-/Stable and A3 indicates CARE sees the company's credit profile as unchanged, which is neutral for shareholders. However, the sharp increase in rated long-term facility size (from ₹50.66 crore to ₹82.91 crore) signals expanded bank credit lines, which supports the company's growth and capex plans.