23-Oct-2026 18:59:32
SINTERCOMGeneral news
SINTERCOM : CRISIL DOWNGRADES LONG-TERM BANK FACILITIES TO BB-/STABLE
• Crisil revised long-term rating to Crisil BB-/Stable from Crisil BB/Stable • Total bank loan facilities rated at ₹26 Cr • Downgrade reflects moderation in business risk profile from elongated working capital cycle and high bank limit utilisation • Strengths include promoter experience, established sintering technology position, expanding product basket and moderate capital structure • Large working capital requirement and segment/client concentration risk offset strengths
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