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Nahar Poly Films Reaffirms CARE A Rating; Long-Term Facility Enhanced to Rs 545 Cr
CARE Ratings has reaffirmed Nahar Poly Films Limited's credit ratings, maintaining a 'CARE A; Stable' for long-term and 'CARE A1' for short-term facilities. A significant development is the enhancement of the long-term bank facility limit from Rs 160.16 crores to Rs 545.00 crores. This substantial increase in rated debt capacity suggests the company may be preparing for or has undertaken significant capital expenditure. The stable outlook indicates the rating agency's confidence in the company's ability to service its obligations despite the increased borrowing headroom.
Key Highlights
Long-term bank facilities rating reaffirmed at 'CARE A; Stable' for an amount of Rs 545.00 crores.
Short-term bank facilities rating reaffirmed at 'CARE A1' for an amount of Rs 12.00 crores.
Long-term facility limit significantly enhanced from Rs 160.16 crores to Rs 545.00 crores.
The reaffirmation of ratings reflects a consistent credit profile and stable outlook for the company's financial obligations.
💼 Action for Investors
Investors should monitor the company's upcoming financial statements to understand the utilization of the enhanced credit limits, which may indicate expansion plans. The stable rating suggests the company maintains a healthy credit profile.
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Nahar Poly Films Q3 PAT Surges 147% YoY to ₹16.29 Cr; Revenue Dips Slightly
Nahar Poly Films reported a strong year-on-year performance for Q3 FY26, with standalone net profit jumping 147% to ₹16.29 crore compared to ₹6.59 crore in the same quarter last year. However, revenue from operations saw a marginal decline of 3.1% YoY to ₹167.47 crore. The bottom line was significantly bolstered by a surge in other income, which rose to ₹11.64 crore from ₹4.13 crore YoY. On a consolidated basis, including its associate company, the net profit stood at ₹19.33 crore with an EPS of ₹7.85.
Key Highlights
Standalone Net Profit grew 147% YoY to ₹16.29 crore in Q3 FY26
Revenue from operations decreased slightly by 3.1% YoY to ₹167.47 crore
Other income saw a substantial jump of 182% YoY to ₹11.64 crore
Consolidated EPS for the quarter improved significantly to ₹7.85 from ₹3.06 YoY
Finance costs reduced to ₹1.87 crore from ₹2.45 crore in the year-ago period
💼 Action for Investors
The company demonstrates strong profitability growth and debt reduction despite stagnant top-line growth. Investors should monitor if the company can revive revenue growth in the coming quarters to sustain this earnings momentum.