Indian Acrylics514165Credit rating upgrade
Brickwork upgrades Indian Acrylics to BWR BB-/Stable and BWR A4 from BWR D on Rs.99 crore bank facilities
BWR BB-Upgraded · Brickwork Ratings India Private Limited
PreviouslyBWR DNowBWR BB-
- Rating Upgrade - Long Term
- BWR BB-/Stable (upgraded from BWR D)
- Rating Upgrade - Short Term
- BWR A4 (upgraded from BWR D)
- Bank Facilities Amount
- Rs.99.00 crore
- Term Loan Repaid
- Rs 50 crore full repayment
- Negative Tangible Net Worth
- -Rs.12.98 Cr
Brickwork upgrades Indian Acrylics to BWR BB-/Stable and BWR A4 from BWR D on Rs.99 crore bank facilities.
Rating assigned BWR D assignment
Previous rating BWR D
Rating rationale date
Also from Indian Acrylics
Shareholders approve re-appointment of Managing Director and Executive Director (Works) for 3 years
29 Sep 2026
Brickwork upgrades Indian Acrylics to BWR BB-/Stable from BWR D on Rs.99.00 crore bank facilities
28 Sep 2026
More numbers
- Total rated bank facilitiesRs. 99.00 Crs
- Term loan repaidRs 50 crs
- Net loss FY25Rs. 30.86 crore
- Projected loss FY26Rs. 24.09 crore
- Tangible Net Worth FY25-26-12.98 (Rs.Crs.)
- Operating Revenue FY25-26357.41 (Rs.Crs.)
- EBITDA FY25-264.42 (Rs.Crs.)
Source: BSE · 30 Sep 2026
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