ALPHA TRIBE

Auro Laboratories LtdImportant, 14-04-2026: Company Update

14-04-2026 | 06:16 pm

Auro Laboratories Limited has received credit ratings for its bank facilities from Acuite Ratings & Research. Long-Term Bank Facilities of Rs. 64.20 crore were rated 'ACUITE BB+; Stable', and Short-Term Bank Facilities of Rs. 15.60 crore received 'ACUITE A4+'. These ratings reflect the company's experienced promoters, long operational track record in API manufacturing, and recent capacity expansion. The 'Stable' outlook suggests consistent performance expectations. However, ratings are tempered by a moderate financial risk profile due to ongoing capital expenditure, intensive working capital, and exposure to raw material price volatility in a competitive market. The company is also expanding into tablet formulations.

No comments yet. Be the first to comment!

All announcements from Auro Laboratories Ltd