Kovilpatti Lakshmi Roller Flour Mills Ltd received a credit rating reaffirmation of 'CRISIL BBB-/Stable' for its enhanced bank loan facilities totalling ₹142 Crore. The rating action reflects extensive promoter experience and a moderate working capital cycle, partially offset by raw material price volatility and capital expenditure risks.
Kovilpatti Lakshmi Roller Flour Mills Limited announced a credit rating downgrade by CRISIL to 'CRISIL BBB-/Stable' for its Rs. 91.00 Crore bank facilities. The revision reflects moderated business risk due to declining operating margins and revenue estimates for fiscal 2026. The company maintains that its operations remain normal and focused on financial strengthening.