Yasho Industries Receives Credit Rating Affirmation from India Ratings & Research
Yasho Industries Limited received credit rating affirmation from India Ratings & Research, with bank loan facilities rated at 'IND BBB+' with Positive Outlook. The rating covers INR4,170.06 million in facilities, reduced from INR6,129.30 million previously. The rating agency resolved the Rating Watch with Negative Implications, representing a positive development for the company.

*this image is generated using AI for illustrative purposes only.
Yasho Industries Limited has received credit rating affirmation from India Ratings & Research Private Limited for its bank loan facilities. The company informed BSE Limited and National Stock Exchange of India Limited about this development on March 10, 2026, in compliance with SEBI regulations.
Credit Rating Details
India Ratings and Research has affirmed Yasho Industries Limited's bank loan facilities rating at 'IND BBB+' with a Positive Outlook while resolving the Rating Watch with Negative Implications. The rating action was communicated through a letter dated March 04, 2026.
| Parameter: | Details |
|---|---|
| Instrument Type: | Bank loan facilities |
| Size of Issue: | INR4,170.06 million (reduced from INR6,129.30 million) |
| Rating Assigned: | IND BBB+/Positive/IND A2+ |
| Rating Action: | Affirmed; Off Rating Watch |
Facility-wise Breakdown
The rating covers various banking facilities across multiple financial institutions. The facilities include fund-based working capital limits, term loans, and non-fund based working capital limits with different banks.
| Bank Name: | Facility Type | Rating | Amount (INR million) |
|---|---|---|---|
| Saraswat Bank | Fund Based Working Capital | IND BBB+/Positive/IND A2+ | 650.00 |
| Saraswat Bank | Term Loan | IND BBB+/Positive | 1396.11 |
| Saraswat Bank | Non-Fund Based Working Capital | IND A2+ | 400.00 |
| Axis Bank Limited | Term Loan | IND BBB+/Positive | 378.74 |
| Axis Bank Limited | Fund Based Working Capital | IND BBB+/Positive/IND A2+ | 550.00 |
| SVC Co-operative Bank | Term Loan | IND BBB+/Positive | 145.21 |
| SVC Co-operative Bank | Fund Based Working Capital | IND BBB+/Positive/IND A2+ | 100.00 |
| HSBC | Fund/Non-Fund Based Working Capital | IND BBB+/Positive/IND A2+ | 550.00 |
Several facilities with HDFC Bank Limited and Citibank N.A. have been marked as 'WD/WD' (withdrawn) in the rating documentation.
Regulatory Compliance
The intimation was made pursuant to Regulation 30(6) read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary & Compliance Officer Rupali Verma signed the communication digitally on March 10, 2026.
The rating information has been made available on the company's website at www.yashoindustries.com for stakeholder reference. This development represents a positive outcome for the company as the rating agency has resolved the previous Rating Watch with Negative Implications while maintaining the BBB+ rating with a Positive Outlook.
Historical Stock Returns for Yasho Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.51% | -11.25% | -0.81% | -22.53% | -21.71% | -22.40% |


































