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As on : 08-Oct-2026
Hot Pursuit
08-Oct-2026     15:23


Chemfab Alkalis' bank loan facilities affirmed at BBB+/Negative by India Ratings through October 2026

Chemfab Alkalis Ltd announced that India Ratings and Research affirmed the rating of its bank loan facilities amounting to 1700 million with a rating of BBB+/Negative/IND A2, while India Ratings affirmed the rating of its bank loan facilities with an IND BBB+/Negative rating valid until October 07, 2026; the company also disclosed this intimation of credit rating under Regulation 30 of the SEBI (Listing Regulations and Disclosure Requirements) Regulations, 2015, noting that India Ratings and Research (Ind-Ra) has information on record, and India Ratings and Research Pvt Ltd reported no rating data found in the provided text. The company’s financials reveal revenue of 3,110 million in FY26 compared to 3,344 million in FY25, EBITDA of 272 million versus 437 million, an EBITDA percentage of 9% against 13%, an interest coverage of 3.5x compared to 8.9x, and a net leverage of 4.0x versus 1.4x.

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