Nova Agritech Limited — Credit Ratings, 12-09-2025: Credit Rating

CARE Ratings reaffirmed Nova Agritech and its subsidiary's long-term bank facilities at CARE BBB. The outlook moved from 'Positive' to 'Stable'. This reflects an elongated operating cycle and moderation in FY25 profitability, plus market competition and raw material price volatility. The company has requested a review.