Credit Rating for FY2025-26 received from ICRA limited
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
ICRA has reaffirmed the credit rating of [ICRA]BBB(Stable) for Uday Jewellery Industries Ltd's banking facilities totalling Rs. 40.92 crore for FY2025-26. The rating covers cash credit of Rs. 40 crore, term loan of Rs. 0.84 crore, and unallocated limits of Rs. 0.08 crore. The company confirmed there is no change in the rating compared to the previous year, which was also [ICRA]BBB(Stable). A BBB rating indicates moderate credit quality with adequate capacity to meet financial commitments.
The rating reaffirmation signals stable financial health with no deterioration in the company's credit profile, which is neutral-to-mildly positive for shareholders. It indicates consistent creditworthiness but does not reflect any improvement in the company's borrowing terms or risk perception.