Kovilpatti Lakshmi Roller Flour Mills Ltd's Credit Rating Reviewed by CRISIL
Kovilpatti Lakshmi Roller Flour Mills Ltd received a revised credit rating from CRISIL Ratings Limited, detailing changes across several bank facilities. The review, published on April 16, 2026, noted the revised ratings for various loans and facilities totaling Rs. 91 crores.The rating agency cited the moderation in the company's business risk profile as the reason for the downward revision. This change was attributed to the decline in operating margins and revenue estimated for fiscal 2026.
The revision affects eight separate bank facilities, including cash credit, overdraft facilities, and term loans. The following table details the amounts, existing ratings, and the newly assigned ratings for these facilities:
| Type of Bank Facility | Amount (Rs. in crores) | Existing Rating | New Rating Assigned |
|---|---|---|---|
| Cash credit | 25 | New facilities | CRISIL BBB- /Stable |
| Cash credit/ Overdraft facility | 34.98 | CRISIL BBB/Negative | CRISIL BBB- /Stable |
| Cash term loan | 10.46 | CRISIL BBB/Negative | CRISIL BBB- /Stable |
| Cash term loan | 0.54 | CRISIL BBB/Negative | CRISIL BBB- /Stable |
| Cash term loan | 1.13 | CRISIL BBB/Negative | CRISIL BBB- /Stable |
| Cash term loan | 0.4 | CRISIL BBB/Negative | CRISIL BBB- /Stable |
| Long term loan | 12.64 | CRISIL BBB/Negative | CRISIL BBB- /Stable |
| Proposed term loan | 5.85 | CRISIL BBB/Negative | CRISIL BBB- /Stable |
| Total | 91 |
The company acknowledged the rating agency's statement regarding the decline in operating margins and revenue in fiscal 2026. However, Kovilpatti Lakshmi Roller Flour Mills Ltd stated that its operations remain normal and that the company continues to focus on strengthening its financial position.
Stock Price Movement
Kovilpatti Lakshmi Roller Flour Mills Ltd shares settled at ₹106.22 on Friday, ticking up 0.22% for the session. The stock ranged impressively throughout the day, finding support at ₹104.00 and peaking at ₹107.95.Source:
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