Albert David Limited — Credit Ratings, 19-06-2025: Credit Rating- Revision

CARE Ratings has reaffirmed Albert David Limited’s credit ratings at CARE A for long-term bank facilities and CARE A/CARE A1 for long-term/short-term facilities but revised the outlook from Stable to Negative. The rating action reflects the company’s enhanced borrowing limits (long-term facilities increased to ₹51.50 Cr and combined facilities to ₹64.50 Cr) and operational and financial performance in FY25. The Negative outlook signals some pressure on the company’s credit profile, possibly due to liquidity or profitability concerns. This outlook revision could lead to a higher cost of borrowing and may temper investor confidence, suggesting limited near-term flexibility in financial strategy.