Fairchem Organics Limited — Credit Ratings, 05-06-2025: Credit Rating- Revision
05-06-2025 | 04:31 pm
05-06-2025 | 04:31 pm
CARE Ratings has downgraded Fairchem Organics Limited’s long-term rating from CARE A+ to CARE A and short-term rating from CARE A1+ to CARE A1, with a stable outlook. The downgrade reflects some moderation in the company’s operational and financial performance for FY25, indicating a slight weakening of its credit profile. This could lead to a modest increase in borrowing costs and may dampen investor confidence, slightly limiting the company’s financial flexibility. The total rated bank facilities stand at ₹131.24 crore, covering long-term fund-based limits of ₹123.99 crore and short-term non-fund-based limits of ₹7.25 crore.
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