Credit ratingFiled on BSE ·
Jai Balaji Industries Limited credit ratings downgraded by CRISIL in Sept 2026
Jai Balaji Inds. · Ferrous Metals
What the filing says
- CRISIL downgraded bank loan facilities rating to Crisil BBB/Stable from BBB+/Stable, and short-term rating to Crisil A3+ from A2 as of Sept 21, 2026.
- Total bank loan facilities rated at ₹995 crore with RBI as the regulator of the instruments.
- Rating downgrade due to weaker operating performance in fiscal 2026, including 8% revenue decline to ₹5,786 crore and 6% EBITDA margin contraction.
Original filing
Announcement under Regulation 30 (LODR)-Credit Rating
Read the filing on BSE (PDF) →Companies guiding to strong growth
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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.