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Founded in October 1992, ABS Marine Services Limited is specialized in Ship Management, Vessel Ownership, Marine Services, and Project Management
ABS Marine Services' long-term bank facilities rating by CRISIL Ratings has been upgraded to 'Crisil A-/Stable' from 'Crisil BBB+/Stable', while short-term facilities moved to 'Crisil A2+' from 'Crisil A2'. This upgrade reflects strong operational and financial performance, including a 31% CAGR revenue growth and improved operating margins. The company's robust...
Crisil Ratings reaffirmed ABS Marine Services' long-term bank facilities at 'Crisil BBB+/Stable' and assigned 'Crisil A2' to short-term facilities. This reflects improved operating revenue (Rs. 135 Cr to Rs. 179 Cr), strong financials (net worth Rs. 240 Cr), and steady cash flows from key long-term contracts. Total bank facilities enhanced...
CRISIL Ratings has reaffirmed ABS Marine Services' long-term rating at 'Crisil BBB+/Stable', while significantly increasing the rated bank loan facilities to Rs. 335 Cr from Rs. 25 Cr. This reflects the company's improved operational and financial performance, with revenue growing to Rs. 179 Cr in FY25, supported by higher charter...