Borosil Scientific Limited Receives Credit Rating Reaffirmation from CARE Ratings
CARE Ratings Limited has reaffirmed Borosil Scientific Limited's credit ratings with CARE A- (Stable) for long-term facilities and CARE A1 for short-term facilities. The company's long-term/short-term bank facilities were enhanced to ₹99.47 crores from ₹97.90 crores, while long-term facilities were reduced to ₹0.53 crores from ₹2.10 crores. This rating reaffirmation demonstrates continued confidence in the company's creditworthiness and financial stability.
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Borosil Scientific Limited has announced that CARE Ratings Limited has reaffirmed the company's credit ratings, demonstrating continued confidence in its financial stability. The rating agency issued a press release on December 9, 2025, confirming the reaffirmation of ratings for the company's banking facilities.
Credit Rating Details
CARE Ratings has maintained its assessment of Borosil Scientific Limited's creditworthiness across different facility categories. The rating reaffirmation covers both long-term and short-term banking facilities, providing clarity on the company's credit profile.
| Facilities/Instruments | Amount (₹ in crores) | Rating | Rating Action |
|---|---|---|---|
| Long-term bank facilities | 0.53 (Reduced from 2.10) | CARE A-; Stable | Reaffirmed |
| Long-term/Short-term bank facilities | 99.47 (Enhanced from 97.90) | CARE A-, Stable/CARE A1 | Reaffirmed |
Facility Amount Adjustments
The rating reaffirmation comes alongside notable changes in facility amounts. The long-term bank facilities have been reduced to ₹0.53 crores from the previous ₹2.10 crores. Conversely, the combined long-term and short-term bank facilities have been enhanced to ₹99.47 crores from ₹97.90 crores, representing an increase in the company's available banking facilities.
Rating Significance
The CARE A- rating with stable outlook for long-term facilities indicates adequate degree of safety regarding timely servicing of financial obligations. The CARE A1 rating for short-term facilities reflects strong degree of safety regarding timely payment of financial obligations. The stable outlook suggests that the rating is unlikely to change in the near term.
Regulatory Compliance
Borosil Scientific Limited received this information on December 10, 2025, at approximately 3:45 p.m. The company has disclosed this development in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The detailed credit rating rationale is available on CARE's website for stakeholders seeking comprehensive analysis of the rating decision.
Historical Stock Returns for BOROSCI
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.09% | -3.73% | +0.47% | -20.77% | -18.64% | -28.40% |
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