CARE Ratings downgrades Bombay Super Hybrid Seeds to CARE BB+
Bombay Super Hybrid Seeds (NSE: BSHSL) said CARE Ratings has downgraded its credit rating to CARE BB+. The company is valued at about ₹892 crore.
What happened
Bombay Super Hybrid Seeds (NSE: BSHSL) informed the stock exchanges on 30 September 2026 at 06:03 PM that CARE Ratings has downgraded its credit rating to CARE BB+.
From the filing: "ISSUER NOT COOPERATING* Rating continues to remain under ISSUER NOT COOPERATING category and Downgraded from CARE BBB-;"
Company snapshot
Bombay Super Hybrid Seeds is a micro-cap company, with a market value of about ₹892 crore.
The stock last traded at ₹84.99, against a 52-week range of ₹59.16–₹130 (34.6% below the high).
Before this filing the shares had moved −4.6% over the month and −6.4% over three months. Average daily turnover over the last 20 sessions was about ₹0.06 crore.
Promoters held 73.85% at the end of Q1 FY27. Foreign institutions owned 0.00% and domestic institutions 0.00%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 153 | 12.3 | 1.17 |
| Q2 FY26 | 27 | 2.2 | 0.24 |
| Q3 FY26 | 107 | 7.7 | 0.74 |
| Q4 FY26 | 66 | 4.4 | 0.42 |
| Q1 FY27 | 183 | 14.3 | 1.36 |
What history shows
BCEIE has no earlier credit rating filing from this company on record since May 2026.
Market-wide, 1,184 credit rating filings with an impact score of 50 or more saw an average next-day move of +0.2%, with 48% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- Any change in borrowing costs, covenants or further rating actions.
In the news
Recent coverage elsewhere (links open the original publisher):
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.