Gujarat Craft Industries Ltd — Important, 20-11-2025: Company Update

Gujarat Craft Industries has received updated credit ratings from Acuite for its Rs. 70.00 Cr bank facilities. The long-term rating is reaffirmed/assigned as 'ACUITE BBB- | Stable', and the short-term rating is reaffirmed as 'ACUITE A3+'. Acuite highlighted strengths like GCIL's established track record, experienced management, and steady revenue growth, which stood at Rs. 202.90 Cr. However, challenges include working capital intensity and exposure to raw material price and foreign exchange fluctuations. The company's liquidity is adequate, and the ratings come with a stable outlook.