Goodricke Group Ltd — Important, 11-10-2025: Company Update

Goodricke Group Limited's credit ratings have been reaffirmed by ICRA Limited, with a Stable outlook on its long-term ratings. This includes [ICRA]A(Stable) for term loans and [ICRA]A(Stable)/[ICRA]A2+ for cash credit/WCDL and non-fund-based facilities, totaling 164.00 Cr. The reaffirmation reflects the company's established market position, diversified revenue streams including packet and instant tea, and improved operational performance in FY2025. While tea prices face pressure in the current fiscal, the Group expects to maintain profitability supported by higher quality tea, better performance in value-added segments, and a debt reduction of around 40 Cr from garden sales totaling approximately 44 Cr, which also strengthens cash flows. The Group's liquidity remains adequate.