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CRISIL Reaffirms Butterfly Gandhimathi's AA/Stable Credit Rating; Facilities Reduced to Rs 100 Cr
CRISIL Ratings has reaffirmed the credit ratings for Butterfly Gandhimathi Appliances Limited's bank loan facilities. The long-term rating is maintained at 'CRISIL AA/Stable' and the short-term rating at 'CRISIL A1+', indicating a high degree of safety regarding timely servicing of financial obligations. Notably, the total rated bank loan facilities have been reduced from Rs 225 crore to Rs 100 crore, suggesting a lower requirement for external debt or improved internal accruals.
Key Highlights
Long-term credit rating reaffirmed at 'CRISIL AA' with a 'Stable' outlook
Short-term credit rating reaffirmed at the highest level of 'CRISIL A1+'
Total rated bank loan facilities reduced significantly from Rs 225 crore to Rs 100 crore
The ratings reflect the company's strong credit profile and financial stability as of January 2026
💼 Action for Investors
Investors can take confidence in the company's maintained high credit quality and reduced debt facilities. No immediate action is required as the reaffirmation confirms the existing financial strength of the business.