Coastal Corporation Limited — Credit Ratings, 10-01-2026: Credit Rating
10-01-2026 | 05:34 pm
10-01-2026 | 05:34 pm
CARE Ratings reaffirmed Coastal Corporation's bank facilities (₹234 Cr) at 'CARE BB; Stable / CARE A4'. The outlook remains 'Stable'. Key strengths are improved revenue and experienced management. However, increased working capital debt, US tariff impacts, and a ₹35 Cr ethanol project cost overrun are tempering factors. The company is actively diversifying markets. #CreditRating #CoastalCorp
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