Company Background:
The Company, listed on the BSE, manufactures MS Black and galvanized pipes, serving industries such as solar, power transmission, agriculture, and construction. Its strong market position and commitment to excellence make it a key player in the manufacturing sector.
Problem:
The Company was previously rated BB+, leading to higher interest rates due to the challenges associated with the non-investment credit rating.
Solution:
Our team prepared a comprehensive report that highlighted the company’s progress in scaling operations, enhancing liquidity, and reducing debt. We underscored strategic diversification, experienced management, a solid order book, and strong promoter support, all of which have significantly strengthened the company’s financial profile.
Impact:
After a year of dedicated effort, we successfully demonstrated significant improvements to the rating agency, earning an investment-grade rating. This achievement has enhanced the company’s credibility, enabling it to secure more competitive interest rates and strengthen its market position.
