Valiant Organics Limited — Credit Ratings, 06-08-2026: Credit Rating

CRISIL Ratings has reaffirmed Valiant Organics' credit ratings for its total bank loan facilities of Rs 370 Crore. Long-term facilities are rated 'Crisil A-/Stable', with the outlook revised from 'Negative' to 'Stable'. Short-term facilities remain 'Crisil A2+'. The improved outlook stems from a stronger business risk profile, higher operating margins, and steady revenue growth, with FY26 revenue at Rs 745.68 Cr.