Rupa & Company Limited , a prominent player in the Indian textile industry, has received a vote of confidence from CRISIL Ratings Limited. The credit rating agency has reaffirmed the company's strong financial position, maintaining its credit ratings across various financial instruments.

Rating Details

CRISIL has reaffirmed the following ratings for Rupa & Company:

Note: All amounts are in Rs. crore

Implications of the Ratings

The reaffirmation of these ratings reflects CRISIL's continued confidence in Rupa & Company's financial stability and creditworthiness:

• CRISIL AA-/Stable: This long-term rating indicates a high degree of safety regarding timely servicing of financial obligations. It carries very low credit risk.
• CRISIL A1+: The highest short-term rating, suggesting a very strong degree of safety concerning timely payment of financial commitments.

Company's Disclosure

In compliance with regulatory requirements, Rupa & Company has promptly disclosed this information to the stock exchanges. Sumit Jaiswal, the Company Secretary & Compliance Officer, confirmed the rating action through an official communication to the National Stock Exchange of India Limited and BSE Limited.

The reaffirmation of these strong credit ratings is likely to be viewed positively by investors and stakeholders, as it underscores the company's robust financial health and its ability to meet financial obligations. This could potentially have a favorable impact on Rupa & Company's market perception and its ability to access capital markets efficiently.

Investors and market participants are advised to consider this information as part of their overall assessment of the company's financial position and future prospects.

Rupa & Co , a leading Indian innerwear manufacturer, has announced its quarterly results for Q4, showcasing robust growth and improved profitability. The company has also recommended a dividend, signaling confidence in its financial position.

Financial Highlights

Rupa & Co reported a significant increase in its consolidated net profit for the fourth quarter. The company's net profit rose to ₹306.00 million, marking a substantial year-over-year growth from ₹242.00 million in the same quarter last year. This represents a 26.45% increase in net profit. Sequentially, the net profit also showed improvement, up from ₹238.00 million in the previous quarter.

Revenue for Q4 stood at ₹4.15 billion, compared to ₹4.00 billion in the corresponding quarter of the previous year, indicating a 3.75% growth in top-line performance.

Improved Profitability

The company's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) for Q4 reached ₹459.00 million, up from ₹404.00 million in the same period last year. This represents a year-over-year growth of 13.61% in EBITDA.

Notably, Rupa & Co's EBITDA margin improved to 11.04% in Q4, up from 10.10% in the corresponding quarter of the previous year. This expansion in EBITDA margin suggests enhanced operational efficiency and cost management by the company.

Dividend Announcement

In a move that may please shareholders, Rupa & Co's board has recommended a dividend of ₹3.00 per share. This dividend announcement comes on the back of the company's strong financial performance and may be seen as a way to reward shareholders for their investment in the company.

Financial Performance Table

Rupa & Co's Q4 results demonstrate the company's ability to grow its bottom line faster than its top line, indicating improved profitability and operational efficiency. The increase in EBITDA and EBITDA margin further underscores the company's focus on enhancing its operational performance.

The recommended dividend of ₹3.00 per share reflects the management's confidence in the company's financial health and its commitment to creating shareholder value. Investors and market analysts will likely keep a close watch on Rupa & Co's performance in the coming quarters to see if this positive trend continues.