CARE Ratings reaffirms Gujarat Ambuja Exports at CARE AA-, outlook Stable
Gujarat Ambuja Exports (GAEL) said CARE Ratings has reaffirmed its credit rating at CARE AA- with a stable outlook. The company is valued at about ₹7,269 crore.
What happened
Gujarat Ambuja Exports (GAEL) told the exchanges on 8 October 2026 at 05:40 PM that CARE Ratings has reaffirmed its credit rating at CARE AA- with a stable outlook.
From the filing: "Facilities/Instruments Amount (₹ in crore) Rating Rating Action Term Loan-Long Term (HDFC Bank Limited) 45.00 CARE AA-;"
Company snapshot
Gujarat Ambuja Exports is a small-cap company in the Fast Moving Consumer Goods sector, with a market value of about ₹7,269 crore.
The stock last traded at ₹158.5, against a 52-week range of ₹101.2–₹185 (14.3% below the high).
Before this filing the shares had moved −1.5% over the month and +2.9% over three months. Average daily turnover over the last 20 sessions was about ₹9.78 crore.
Promoters held 63.84% at the end of Q1 FY27. Foreign institutions owned 3.02% and domestic institutions 0.65%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 1,291 | 65 | 1.42 |
| Q2 FY26 | 1,487 | 38 | 0.83 |
| Q3 FY26 | 1,484 | 65.9 | 1.44 |
| Q4 FY26 | 1,467 | 135.3 | 2.95 |
| Q1 FY27 | 1,594 | 176.8 | 3.85 |
What history shows
This is not the company's first credit rating disclosure: BCEIE has 1 earlier filing of this kind on record since May 2026.
Across 20 similar disclosures by other Fast Moving Consumer Goods companies, shares moved −1.3% on average the next day and −0.3% over five days; 30% of them rose the next day.
Market-wide, 1,237 credit rating filings with an impact score of 50 or more saw an average next-day move of +0.1%, with 47% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- Whether other agencies take a similar view on the company's credit.
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.