ScoutQuest13 Oct 2026
KSR Footwear544615Credit rating upgrade

India Ratings upgrades KSR Footwear bank loans to IND BB+/Stable, affirms IND A4+; assigns IND BB+/Stable to INR 40 Million

By ScoutQuest · · 1 min read

INR 360 MillionAggregate bank loan facilities rated
Bank loan facilities rated (long-term/short-termINR 320 Million
Additional bank loan facilities assignedINR 40 Million
Aggregate bank loan facilities rated INR 360 Million: Bank loan facilities rated (long-term/short-term INR 320 Million, Additional bank loan facilities assigned INR 40 Million.
Long-term rating
IND BB+/Stable (upgraded from IND BB-/Stable)
Short-term rating
IND A4+ affirmed
Facilities rated
INR 320 Million bank loan facilities; additional INR 40 Million limits assigned IND BB+/Stable
Agency
India Ratings and Research
Action
Upgraded

India Ratings upgrades KSR Footwear bank loans to IND BB+/Stable, affirms IND A4+; assigns IND BB+/Stable to INR 40 Million.

IND BB+Upgraded · India Ratings and Research
PreviouslyIND BB-NowIND BB+
Upgraded by India Ratings and Research · IND BB- to IND BB+ · outlook Stable.
Historical rating date
India Ratings letter date
Company disclosure date
Historical rating date 15 Dec 2025 · India Ratings letter date 12 Oct 2026 · Company disclosure date 13 Oct 2026
More numbers
  • Bank loan facilities rated (long-term/short-term)INR 320 Million
  • Additional bank loan facilities assignedINR 40 Million
  • Aggregate bank loan facilities ratedINR 360 Million
  • EBITDA margin in 2HFY263.08%
  • EBITDA margin in 1QFY276.25%
  • Average maximum utilisation of fund-based limits96.38%
  • Interest coverage in 1QFY273.22x
Source: BSE · 13 Oct 2026

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