Polyspin Exports Ltd's Bank Facility Ratings Reaffirmed by CARE Amid Performance Review
Polyspin Exports Limited has received reaffirmed credit ratings for its Long Term and Short Term Bank Facilities from CARE Ratings Limited. The decision followed a comprehensive review of the company's operational and financial performance for FY26 (Audited).The rating reaffirmation pertains to the bank facilities availed by Polyspin Exports Ltd, covering both long-term and short-term credit lines.
According to details provided by CARE Ratings Limited, the ratings have been reaffirmed against a total facility amount of ₹135.48 crore. The breakdown of the rated facilities is as follows:
| Facilities | Amount (₹ Crore) | Rating | Rating Action |
|---|---|---|---|
| Long Term Bank Facilities | 23.53 (Reduced from 24.35) | CARE BB+; Stable | Reaffirmed |
| Short Term Bank Facilities | 111.95 (Reduced from 112.22) | CARE A4+ | Reaffirmed |
The rating action, which was confirmed by the company in its public disclosure dated July 25, 2026, reflects the stability and current financial standing of Polyspin Exports Limited as assessed by the agency.
Stock Price Movement
Polyspin Exports Ltd settled at ₹29.16 on Friday, reflecting a decline of 1.09%.The shares traded throughout the session within a range defined by an intraday high of ₹29.46 and a low of ₹27.85.
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