UpdatesCompany Update
Ceinsys Tech Ltd. had its credit ratings reaffirmed by Care Ratings Limited.
Ceinsys Tech Ltd538734 · Filed with the exchange
The long-term facilities received a CARE BBB rating, with the outlook upgraded from Stable to Positive, on a reduced amount of ₹20 crore.
Short-term facilities were reaffirmed at CARE A3, with the amount increased to ₹80 crore.
This positive outlook signals expectations of better operational scale and profitability, supported by a robust ₹1255 crore order book, which is 3x FY25 revenue.
The company's FY25 consolidated revenue grew 65% to ₹418.06 crore, and net worth strengthened to ₹377.44 crore, reflecting improved financial health.
Working capital management remains key.
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