Dr. Agarwal's Eye Hospital Receives ICRA AA- Credit Rating Assignment
Dr. Agarwal's Eye Hospital Limited received credit rating assignments from ICRA Limited on February 23, 2026, covering debt facilities worth ₹140.00 crore. The rating agency assigned ICRA AA- (Stable) rating to an ₹85.80 crore long-term loan from Axis Bank and ₹54.20 crore unallocated limits with ICRA AA- (Stable)/ICRA A1+ ratings. The company disclosed this development to BSE Limited under SEBI's listing regulations.
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Dr. Agarwal's Eye Hospital Limited has announced the assignment of credit ratings by ICRA Limited for its debt facilities. The rating agency communicated its decision to the company on February 23, 2026, covering multiple banking facilities totaling ₹140.00 crore.
Credit Rating Details
ICRA Limited has assigned specific ratings to the company's banking arrangements with detailed facility-wise breakdowns. The ratings reflect the agency's assessment of the company's creditworthiness and repayment capacity across different debt instruments.
| Bank Facility | Bank | Amount (₹ in Crores) | Rating | Rating Action |
|---|---|---|---|---|
| Long Term Loan | Axis Bank Limited | 85.80 | ICRA AA- (Stable) | Assigned |
| Long-Term/Short-Term Unallocated limits | - | 54.20 | ICRA AA- (Stable)/ICRA A1+ | Assigned |
Rating Significance
The ICRA AA- (Stable) rating indicates high credit quality with very low credit risk. The stable outlook suggests that the rating is unlikely to change in the near term. For short-term facilities, the ICRA A1+ rating represents the highest degree of safety regarding timely payment of financial obligations.
Regulatory Compliance
The company has disclosed this credit rating assignment to BSE Limited in accordance with Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary and Compliance Officer Meenakshi Jayaraman signed the disclosure document on February 23, 2026.
Banking Relationship
The primary facility covered under this rating assignment is with Axis Bank Limited, which has extended an ₹85.80 crore long-term loan to the company. The unallocated limits of ₹54.20 crore provide additional financial flexibility for the company's operational and strategic requirements.
Historical Stock Returns for Dr. Agrawals Eye Hospital
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.59% | -2.76% | -4.47% | +2.44% | +10.09% | +1,133.13% |
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