Patel Retail544487Credit rating upgrade
Acuité upgrades Patel Retail to ACUITE BBB+/Stable and ACUITE A2; withdraws Rs.116.73 crore proposed bank facilities
109.01 (Rs. Cr)Total outstanding bank facilities
Quantum (Other FSR) - short-term bank facilities upgraded88.20 (Rs. Cr)
Quantum (Other FSR) - long-term bank facilities upgraded20.81 (Rs. Cr)
- Long-term rating
- ACUITE BBB+/Stable (upgraded from ACUITE BBB)
- Short-term rating
- ACUITE A2 (upgraded from ACUITE A3+)
- Bank facilities rated
- Rs.109.01 crore
- Facilities withdrawn
- Rs.116.73 crore proposed facilities withdrawn
- Agency
- Acuité Ratings & Research Limited
Acuité upgrades Patel Retail to ACUITE BBB+/Stable and ACUITE A2; withdraws Rs.116.73 crore proposed bank facilities.
1049.43 (Rs. Cr. in the Unit column)+27.8%
FY25821.35 (Rs. Cr. in the Unit column)FY261049.43 (Rs. Cr. in the Unit column)
ACUITE BBB+Upgraded · Acuité Ratings & Research Limited
PreviouslyACUITE BBBNowACUITE BBB+
Rating history - previous action
Rating history - previous action
Rating history - previous action
Press release date
Also from Patel Retail
Whole Spices Catalogue launched under in-house brand 'Indian Chaska': 23 whole spices
6 Oct 2026
54th Patel's R Mart Store Opened in Kalyan (East), Thane
28 Sep 2026
Voting results of 19th AGM: both ordinary resolutions passed
24 Sep 2026
More numbers
- Quantum (Other FSR) - long-term bank facilities upgraded20.81 (Rs. Cr)
- Proposed bank facilities withdrawn116.73 (Rs. Cr)
- Quantum (Other FSR) - short-term bank facilities upgraded88.20 (Rs. Cr)
- Total outstanding bank facilities109.01 (Rs. Cr)
- Total withdrawn116.73 (Rs. Cr)
- Operating income FY261049.43 (Rs. Cr. in the Unit column)
- Operating income FY25821.35 (Rs. Cr. in the Unit column)
- PAT FY2639.05 (Rs. Cr. in the Unit column)
- PAT margin FY263.72 (%)
- Net worth as on March 31, 2026363.64 (Rs. Cr)
- Gross current assets days FY2026159 days
- Average bank limit utilisation96.70 percent
Source: BSE · 3 Oct 2026
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