Kaka Industries Limited has announced the reaffirmation of its credit rating by CRISIL Ratings Limited, maintaining its financial standing in the market. The PVC profile manufacturer received official communication regarding its credit assessment, reinforcing its creditworthiness for existing banking relationships.

Credit Rating Details

CRISIL Ratings Limited assigned the following ratings to Kaka Industries through its letter dated January 16, 2026:

The BBB rating indicates adequate safety regarding timely servicing of financial obligations, while the stable outlook suggests that the rating is unlikely to change over the intermediate term.

Bank Facility Breakdown

The rated facilities are distributed across three financial institutions, providing diversified funding sources for the company's operations:

The facility structure shows a balanced mix of working capital support through cash credit and long-term financing through term loans from both public and private sector institutions.

Regulatory Compliance

Kaka Industries disclosed this rating information to BSE Limited in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company's scrip code 543939 shares were kept informed of this material development affecting the company's credit profile.

Rating Validity and Surveillance

The rating letter remains valid until March 31, 2026, after which a new rating communication will be required. CRISIL Ratings maintains continuous surveillance of all assigned ratings and reserves the right to revise ratings based on new information or changing circumstances. The rating agency noted that if the company does not utilize the proposed facilities within 180 days from January 16, 2026, a fresh revalidation letter will be necessary.

This rating reaffirmation provides stakeholders with an independent assessment of Kaka Industries' credit quality and its ability to meet financial obligations in a timely manner.

Kaka Industries Limited has announced strong financial performance for the third quarter of FY2025-26, demonstrating robust operational execution and sustained demand momentum across its product portfolio. The company's latest business update, released on January 7, 2026, highlights significant growth achievements and operational milestones during the quarter.

Financial Performance Highlights

The company delivered impressive revenue growth during Q3 FY2025-26, showcasing strong market traction and operational efficiency.

The substantial revenue increase of 34.70% year-on-year reflects the company's ability to capitalize on market opportunities and execute its growth strategy effectively. This performance demonstrates strong demand fundamentals across the company's key product segments.

Operational Excellence Across Product Categories

Kaka Industries witnessed exceptional performance across all product categories during the quarter. The uPVC profile board segment led the growth momentum, supported by healthy traction across PVC, WPC and uPVC profile applications. These products serve diverse applications including:

• Doors and windows systems
• Ceiling solutions
• Wall paneling applications
• Interior furniture solutions

The company benefited from incremental demand originating from the building material and home improvement markets, which continued to support volume growth throughout the quarter. This broad-based demand pattern indicates strong market acceptance of the company's product offerings.

Strategic Expansion and Capacity Utilization

The company's strategic expansion into the finished windows systems business is progressing according to planned timelines. The new production facility for uPVC windows demonstrated significant progress, with the uPVC windows vertical recording good improvement in Q3 on a year-on-year basis. This vertical showed meaningful increases in both production output and customer acceptance, reinforcing management confidence in the strategic expansion.

During Q3 FY2025-26, overall capacity utilization stood at 66.00% of the installed capacity, indicating room for further growth without immediate capital expenditure requirements.

Management Outlook

Commenting on the results, Mr. Chintan Bodar, Chief Financial Officer of Kaka Industries Limited, expressed confidence in the company's future prospects. He stated, "We thank you for your continued trust and support. With scaled-up operations, dependable supply infrastructure, and a robust product pipeline, we are confident of sustaining strong performance in the quarters ahead."

The management continues to focus on key strategic initiatives including expanding distribution reach, improving product mix, and enhancing manufacturing efficiencies. With sustained leadership in the uPVC profile board category, the company remains well-positioned for continued growth in future quarters, supported by strong operational fundamentals and market demand.