Rama Phosphates Limited
Incorporated in 1982, Rama Phosphates Ltd manufactures Fertilizer, Sulphuric Acid, Micro Nutrients and Soya oil
What Rama files
- Others43
- Board Meeting15
- Important15
- Dividend/Bonus9
- Credit Ratings3
- Results1
ICRA reaffirms Rama Phosphates' long-term A- and short-term A2+ credit ratings for various facilities. Critically, these ratings remain on 'rating watch with negative implications,' indicating persistent concerns. The negative outlook for the company continues.
ICRA has reaffirmed ratings for various credit facilities. Long-term ratings remain ICRA A-, with the outlook upgraded from Negative to Stable. Short-term ratings are reaffirmed at ICRA A2+. The total rated amount is Rs. 136.00 Cr. This indicates a stable credit risk profile.
Consolidated financials show a noteworthy upward trajectory. Revenue has increased to ₹80 crores, reflecting a robust growth of 10% year-over-year. This growth can be attributed to a combination of heightened market demand for fertilizers and operational efficiencies that have streamlined production processes. Net profit stands at ₹12 crores, an increase...