ICRA reaffirms Vishnu Chemicals at ICRA A, outlook Stable
Vishnu Chemicals (VISHNU) said ICRA has reaffirmed its credit rating at ICRA A with a stable outlook. The company is valued at about ₹3,650 crore.
What happened
In a filing with the BSE on 2 November 2026 at 03:48 PM, Vishnu Chemicals (VISHNU) said that ICRA has reaffirmed its credit rating at ICRA A with a stable outlook.
From the filing: "The previous Long Term Credit rating of the Banking Facilities of the company was "A - (Stable)" assigned by CARE Ratings Limited ."
Company snapshot
Vishnu Chemicals is a small-cap company, with a market value of about ₹3,650 crore.
The stock last traded at ₹542.2, against a 52-week range of ₹471.2–₹744 (27.1% below the high).
Before this filing the shares had moved −18.4% over the month and −9.6% over three months. Average daily turnover over the last 20 sessions was about ₹4.85 crore.
Promoters held 69.21% at the end of Q2 FY27. Foreign institutions owned 2.54% and domestic institutions 5.85%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q2 FY26 | 401 | 32.9 | 4.88 |
| Q3 FY26 | 411 | 33.8 | 5.02 |
| Q4 FY26 | 450 | 43.4 | 6.49 |
| Q1 FY27 | 433 | 39.6 | 5.89 |
| Q2 FY27 | 430 | 35.6 | 5.28 |
What history shows
BCEIE has no earlier credit rating filing from this company on record since May 2026.
Market-wide, 1,368 credit rating filings with an impact score of 50 or more saw an average next-day move of +0.1%, with 46% 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):
- Vishnu Chemicals Ltd Says Operations Of Visakhapatnam Parwada Plant Will Be Undergoing Temporary Stoppage From Oct 28
- Vishnu Chemicals Q2FY27 Results: Net profit rises 8.2% YoY to ₹35.6 crore
- Vishnu Chemicals Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2026
- Vishnu Chemicals Q2 Results FY27: Revenue Up 7.07% to Rs 429.53 Cr, PAT Rs 35.57 Cr
- Vishnu Chemicals NSE:VISHNU Dematerialisation Notice Oct 2026
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.