Chandan Healthcare Limited — Credit Ratings, 10-05-2025: Credit Rating

Crisil Ratings has upgraded Chandan Healthcare Limited’s long-term bank loan facilities to BBB- with a stable outlook from BB-. This reflects improved clarity on the company’s financials and stable debt levels of Rs 20 Cr, alongside better creditor engagement. The upgrade should reduce borrowing costs and strengthen investor confidence, giving the company greater flexibility in managing its finances. The stable outlook suggests Crisil expects the company to sustain its financial position over the medium term.