Search For "credit metrics"
Auto ancillaries' revenue, profitability to improve in FY22: Ind-R
Updated : 1 month, 1 week ago IST
Mumbai (Maharashtra) [India], Mar 13 (ANI): India Ratings and Research (Ind-Ra) has revised its outlook for the auto ancillary sector to improving for FY22 from negative.
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Reliance's proposed business reorganisation credit neutral: Fitch
Updated : 1 month, 4 weeks ago IST
Singapore, February 23 (ANI): Fitch Ratings said on Tuesday the proposed reorganisation plan by Reliance Industries Ltd (RIL) to transfer its refining, marketing and petrochemical (oil-to-chemicals) businesses to a wholly-owned subsidiary as a step towards facilitating participation by strat
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Additional Budget allocation to wipe out fertiliser subsidy backlo
Updated : 2 months ago IST
Mumbai (Maharashtra) [India], February 19 (ANI): The credit metrics of fertiliser manufacturers in general and urea manufacturers in particular are likely to improve meaningfully in FY22 due to strong likelihood of clearance of subsidy backlogs after allocation of an additional Rs 62,600 cro
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Fitch lowers risk for credit metrics of Indian oil marketing firms
Updated : 2 months ago IST
Mumbai (Maharashtra) [India], February 16 (ANI): The sustained strength of marketing margins and recovering demand for petroleum products is supporting the profitability of India's oil marketing companies against weak gross refining margins (GRMs), thereby lowering downside risks for thei
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Ind-Ra downgrades Safety Controls & Devices to BB with negativ
Updated : 3 months, 1 week ago IST
Mumbai (Maharashtra) [India], January 15 (ANI): India Ratings and Research (Ind-Ra) has downgraded Safety Controls & Devices Pvt Ltd's (SCDPL's) long-term issuer rating to BB with a negative outlook from BB-plus.
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Pharma sector revenue, margins likely to remain healthy in FY22: I
Updated : 4 months ago IST
New Delhi [India], December 24 (ANI): With inelastic demand for drugs and resumption of production to the near pre-Covid levels by Q3 FY21, revenue growth for Indian pharmaceutical market is expected to be 7 to 9 per cent in FY21 despite muted growth in Q1 FY21, according to investment infor
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Companies look past pandemic as work and leisure patterns shift: S
Updated : 4 months, 1 week ago IST
Singapore, December 14 (ANI): COVID-19's effect on industries has varied dramatically and will continue to be felt for years in terms of the growth outlook, financial policy and credit metrics, S&P Global Ratings said on Monday.
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Gas price reduction will lower earnings for ONGC, Oil India: Moody
Updated : 6 months, 2 weeks ago IST
Singapore, October 5 (ANI): The recently-announced 25 per cent reduction in domestic natural gas prices to 1.79 dollars per million British thermal units (MMBtu) from 2.39 dollars per MMBtu on a gross calorific value basis is credit negative for upstream companies like Oil and Natural Gas Co
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Credit metrics of leading pharma companies to remain stable: ICRA
Updated : 6 months, 4 weeks ago IST
New Delhi [India], Sep 26 (ANI): The global demand scenario for Indian pharmaceutical industry is largely expected to remain stable due to inelastic nature of prescription drugs, investment information agency ICRA has said.
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Covid-19 disruptions exacerbate credit quality deterioration for I
Updated : 7 months, 2 weeks ago IST
Singapore, Sep 11 (ANI): The aggregate earnings before interest, taxes, depreciation and amortisation (EBITDA) for 22 rated Indian non-financial companies will fall by 24 per cent in the current financial year, global rating agency Moody's said on Friday.
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Airlines profitability to be eroded due to lower revenues, high fi
Updated : 7 months, 2 weeks ago IST
New Delhi [India], September 8 (ANI): Domestic air passenger traffic is likely to witness a de-growth of 41 to 46 per cent in the current financial year while international traffic may see a fall of 65 to 72 per cent, according to investment information agency ICRA.
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Credit quality weakens for A-Pac metals and mining on economic slo
Updated : 7 months, 3 weeks ago IST
Singapore, September 3 (ANI): The aggregate earnings before interest, taxes, depreciation and amortisation (EBITDA) for 24 rated mining and mining services companies in the Asia Pacific will decline around 10 per cent to 53 billion dollars in 2020 from 59 billion dollars in 2019, Moody's Inv
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