CARE Ratings upgrades Punjab Chemicals & Crop Protection to CARE A-
Punjab Chemicals & Crop Protection (PUNJABCHEM) said CARE Ratings has upgraded its credit rating to CARE A-. The company is valued at about ₹1,274 crore.
What happened
In a filing with the BSE on 30 September 2026 at 12:44 PM, Punjab Chemicals & Crop Protection (PUNJABCHEM) said that CARE Ratings has upgraded its credit rating to CARE A-.
From the filing: "The details of the credit ratings assigned/upgraded by CARE are as follows: Facilities Amount (in ₹ C rore) Rating Remarks Long Term Bank Facilities 99.94 CARE A- ;"
Company snapshot
Punjab Chemicals & Crop Protection is a small-cap company, with a market value of about ₹1,274 crore.
The stock last traded at ₹1,038.6, against a 52-week range of ₹876.6–₹1,533.9 (32.3% below the high).
Before this filing the shares had moved −6.4% over the month and −2.3% over three months. Average daily turnover over the last 20 sessions was about ₹0.44 crore.
Promoters held 39.24% at the end of Q1 FY27. Foreign institutions owned 5.86% and domestic institutions 0.63%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 320 | 20.6 | 16.83 |
| Q2 FY26 | 255 | 18.5 | 15.12 |
| Q3 FY26 | 247 | 13.8 | 11.26 |
| Q4 FY26 | 209 | 11 | 8.96 |
| Q1 FY27 | 347 | 22.1 | 18 |
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
- 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.