Keerthi Industries Ltd — Important, 08-01-2026: Company Update

Keerthi Industries' Long Term Bank Facilities of ₹30.26 crore have received a reaffirmed 'CARE B; Stable' credit rating. This reflects ongoing operational and financial performance challenges in FY25, including a significant decline in revenue to ₹119.88 crore and an operating loss of ₹17.41 crore. Positives include experienced management, integrated operations with captive limestone mines, and recent debt repayments totaling ₹11.50 crore from the slump sale of its electronics division. The stable outlook suggests an expected improvement in operational performance and liquidity going forward, despite a stretched current financial position.