Mafatlal Industries: rating update from CARE Ratings
Mafatlal Industries (MAFATIND) said CARE Ratings has upgraded its credit rating. The company is valued at about ₹837 crore.
What happened
In a filing with the BSE on 9 October 2026 at 11:25 AM, Mafatlal Industries (MAFATIND) said that CARE Ratings has upgraded its credit rating.
From the filing: "This is to share that the CARE Ratings Limited has upgraded the Ratings of the Company."
Company snapshot
Mafatlal Industries is a micro-cap company, with a market value of about ₹837 crore.
The stock last traded at ₹116, against a 52-week range of ₹106.4–₹157.8 (26.5% below the high).
Before this filing the shares had moved −4.8% over the month and −16.8% over three months. Average daily turnover over the last 20 sessions was about ₹0.38 crore.
Promoters held 69.30% at the end of Q1 FY27, down 0.02% points from the previous quarter. Foreign institutions owned 0.34% and domestic institutions 0.11%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 1,240 | 45.9 | — |
| Q2 FY26 | 1,030 | 22.2 | 3.08 |
| Q3 FY26 | 717 | 5.1 | 0.7 |
| Q4 FY26 | 883 | 17.9 | 2.48 |
| Q1 FY27 | 942 | 14.6 | 2.03 |
What history shows
BCEIE has no earlier credit rating filing from this company on record since May 2026.
Market-wide, 1,252 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.