Jupiter Life Line Hospitals' Subsidiary Receives Credit Rating Assignment from ICRA for Rs. 255 Crore Bank Facilities
Jupiter Life Line Hospitals Limited announced that ICRA Limited has assigned credit ratings to Rs. 255.00 crore bank facilities of its material subsidiary Jupiter Hospital Projects Private Limited. The ratings include [ICRA]AA- (Stable) for Rs. 250.00 crore term loan and [ICRA]A1+ for short-term facilities totaling Rs. 9.00 crore. All facilities are arranged through HDFC Bank Limited, with ratings assigned on February 27, 2026.

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Jupiter Life Line Hospitals Limited has announced that ICRA Limited has assigned credit ratings to bank facilities availed by its material subsidiary Jupiter Hospital Projects Private Limited. The company informed stock exchanges about this development through a regulatory filing dated March 10, 2026, pursuant to Regulation 30 of the SEBI Listing Regulations.
Credit Rating Details
ICRA Limited has assigned ratings to multiple banking instruments for Jupiter Hospital Projects Private Limited, totaling Rs. 255.00 crore in bank facilities. The rating assignments cover both long-term and short-term banking arrangements with HDFC Bank Limited.
| Instrument Type | Rated Amount (Rs. Crore) | Rating Assigned | Rating Date |
|---|---|---|---|
| Long-term Fund-based Term Loan | 250.00 | [ICRA]AA- (Stable) | February 27, 2026 |
| Short-term Fund-based Overdraft | 5.00 | [ICRA]A1+ | February 27, 2026 |
| Short-term Bank Guarantee | (4.00) | [ICRA]A1+ | February 27, 2026 |
| Total Facilities | 255.00 |
Rating Significance
The [ICRA]AA- (Stable) rating assigned to the Rs. 250.00 crore term loan indicates high credit quality with adequate degree of safety regarding timely servicing of financial obligations. The stable outlook suggests that the rating is unlikely to change in the near term. The [ICRA]A1+ rating for short-term facilities represents the highest credit quality and indicates very strong degree of safety regarding timely payment of financial obligations.
Banking Arrangements
All the rated facilities are arranged through HDFC Bank Limited, with the bank guarantee facility operating as a sublimit under interchangeable non-fund based arrangements. The term loan constitutes the major portion of the total banking facilities at Rs. 250.00 crore, while working capital requirements are supported through the Rs. 5.00 crore overdraft facility.
Regulatory Compliance
The rating communication from ICRA, dated March 10, 2026, has been made available on the company's website at www.jupiterhospital.com . The ratings will be subject to surveillance within one year from the date of assignment, with ICRA reserving the right to review and revise ratings based on new information or changing circumstances.
Subsidiary Operations
Jupiter Hospital Projects Private Limited, the material subsidiary receiving these ratings, operates from Sector 1, Ring Road, Near Teen Imli Square, Indore, Madhya Pradesh. The subsidiary's banking facilities support its operational and expansion requirements within the healthcare sector.
Historical Stock Returns for Jupiter Life Line Hospital
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.10% | -0.66% | +1.31% | -13.45% | -15.05% | +17.58% |


































