Rishabh Instruments Receives Credit Rating Upgrade from CRISIL for Rs.16.3 Crore Bank Facilities
Rishabh Instruments Limited received upgraded credit ratings from CRISIL for Rs.16.3 crore bank facilities, with long-term rating improved to BBB+/Stable from BBB/Stable and short-term rating enhanced to A2 from A3+. The facilities include Rs.12 crore cash credit, Rs.3 crore letter of credit and bank guarantee, and Rs.1.3 crore proposed working capital facility, primarily with State Bank of India. The company announced this positive development on March 5, 2026, in compliance with SEBI regulations.

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Rishabh Instruments Limited has announced that CRISIL Ratings has upgraded its credit ratings for bank facilities totaling Rs.16.3 crore. The rating upgrade reflects improved creditworthiness and financial standing of the instrumentation company.
Rating Upgrade Details
CRISIL has enhanced both long-term and short-term ratings for the company's banking facilities. The comprehensive rating review demonstrates positive assessment of the company's financial health and repayment capabilities.
| Rating Type: | New Rating | Previous Rating |
|---|---|---|
| Long Term Rating: | CRISIL BBB+/Stable | CRISIL BBB/Stable |
| Short Term Rating: | CRISIL A2 | CRISIL A3+ |
| Total Facilities Rated: | Rs.16.3 Crore | Rs.16.3 Crore |
Facility-wise Breakdown
The upgraded ratings apply to various banking facilities across different categories, primarily with State Bank of India as the main banking partner.
| Facility Type: | Bank | Amount (Rs. Crore) | Rating |
|---|---|---|---|
| Cash Credit: | State Bank of India | 12.00 | CRISIL BBB+/Stable |
| Letter of Credit & Bank Guarantee: | State Bank of India | 3.00 | CRISIL A2 |
| Proposed Working Capital Facility: | -- | 1.30 | CRISIL BBB+/Stable |
Regulatory Compliance
The company made this announcement on March 5, 2026, through a formal communication to both National Stock Exchange of India Limited and BSE Limited. The disclosure was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Company Secretary and Compliance Officer Ajinkya Joglekar signed the regulatory filing, ensuring proper compliance with stock exchange requirements. The CRISIL rating letter dated March 4, 2026, remains valid until March 31, 2026.
Rating Validity and Surveillance
CRISIL maintains continuous surveillance of all assigned ratings and reserves the right to revise ratings based on new information or changing circumstances. The rating agency has specified that if the company does not avail the proposed facilities within 180 days from the letter date, a fresh revalidation letter will be necessary.
The rating upgrade positions Rishabh Instruments favorably for accessing banking facilities and reflects the company's strengthened financial profile in the instrumentation sector.
Historical Stock Returns for Rishabh Instruments
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.03% | -6.48% | -4.17% | -17.02% | +87.09% | -11.05% |


































