CARE reaffirms Zodiac Energy rating at BBB; Stable, outlook stable

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ZODIAC · price

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Price reactionminutes from the announcement price · days from the prior close

+0.5%Reaction day

₹205.00

prior close

₹206.15

announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used+0.3%+0.2% vs market

Civil Construction peers, median of 100sector+0.4%+0.1% vs sector

On the reaction day the stock moved 0.2 pts more than Nifty Microcap 250 and 0.1 pts more than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Reaction day

+0.5+0.3+0.2+0.4+0.1

Next day

+1.0+1.1-0.1+0.7+0.3

+1.4+1.3+0.1+1.3+0.1

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UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 100Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

CARE Ratings reaffirmed Zodiac Energy's credit rating at CARE BBB; Stable (long-term) and CARE A3+ (short-term) for bank facilities totaling about Rs. 189 crore. The action follows 38 percent revenue growth in FY26 to Rs. 543.52 crore. Outlook remains stable. Bank limits were revised: combined limit enhanced from Rs. 63.55 to Rs. 71.55 crore, long-term limit reduced from Rs. 121.95 to Rs. 115.95 crore, and a cash credit facility withdrawn as it was not renewed.

Likely market impact

Stable BBB rating supports bank funding access. Reflects strong growth but moderate financial risk with 1.86x gearing and working capital strain.