Jay Ushin Ltd — Important, 15-04-2026: Company Update

Jay Ushin Limited's bank loan facilities of INR 158 Cr have been assigned an 'IND BBB/Stable' long-term rating and 'IND BBB/Stable/INDA3+' short-term rating by India Ratings. This reflects the company's strong market position in the Indian 4W and 2W auto-ancillary segments, supported by robust ties with established OEMs and a diversified, EV-agnostic product range. The rating is underpinned by steady revenue growth and improving credit metrics, despite observed modest EBITDA margins and customer concentration. This positioning supports sustained long-term growth.