Sadhav Shipping Limited — Credit Ratings, 10-10-2025: Credit Rating

CARE Ratings has reaffirmed Sadhav Shipping's credit ratings. Long-term bank facilities of ₹85.42 Cr receive CARE BBB-; Stable, while short-term facilities of ₹16.58 Cr are rated CARE A3. This reaffirmation is driven by healthy profitability, a robust ₹292.40 Cr orderbook, stable revenue visibility from renewed contracts, strong promoter experience, and comfortable debt metrics.