Credit Rating Intimation
TRANSPEK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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CRISIL has reaffirmed its credit ratings on Transpek Industry's bank loan facilities totaling Rs. 185.06 Crore at Crisil A/Stable for long-term and Crisil A1 for short-term, across lenders like SBI, Bank of Baroda, IDBI, and Axis Bank. Separately, CRISIL withdrew ratings on Rs. 57.2 Crore of bank facilities at the company's own request (communicated in April 2025). For the Fixed Deposit program, CRISIL reaffirmed its Crisil A/Stable rating, while noting that the FD size has been reduced from Rs. 87.2 Crore to Rs. 30 Crore. Crisil A/Stable indicates adequate safety and low credit risk on timely servicing of obligations.
The reaffirmed ratings signal stable credit quality and no deterioration in the company's financial profile, which is neutral to mildly positive for shareholders. The significant reduction in the fixed deposit program from Rs. 87.2 Crore to Rs. 30 Crore suggests the company is actively repaying public deposits and reducing its dependency on them, indicating improving financial flexibility.