Valiant Laboratories Limited — Credit Ratings, 26-06-2025: Credit Rating

India Ratings and Research has assigned Valiant Laboratories’ fund-based working capital limits of INR 550 million a rating of IND BBB with a stable outlook, and its non-fund-based working capital limits of INR 10 million a rating of IND A2. The ratings reflect the company’s stable credit profile supported by steady business performance and adequate liquidity. This affirmation suggests moderate risk with reliable capacity to meet financial obligations. The stable outlook indicates no near-term pressure on credit quality, which should help maintain borrowing costs and bolster investor confidence, providing the company with reasonable operational flexibility.