Calcom Vision Limited has obtained a credit rating from CRISIL Ratings, now assigned as Crisil BB+/Stable for long-term bank loan facilities totaling ₹50 crore, and Crisil A4+ for short-term ratings, both reflecting a downgrade due to weaker-than-expected performance in fiscal 2025. The company revised revenue expectations to ₹150-160 crore, impacted by competition and delays in solar streetlight orders, resulting in an operating margin of 7-8%. This situation heightens financial risks, with cash accrual projected to remain lower against debt obligations. Investors may view this as a potential risk due to increased debt and lower liquidity, tempered by the company's established market position and ongoing equity support from promoters.