Company Update

Andrew Yule & Co. Ltd. (AYCL) has had its long-term credit rating of ‘ACUITÉ B’ reaffirmed for Rs. 126.64 crore bank facilities and its short-term rating of ‘ACUITÉ A4’ for Rs. 28.36 crore bank facilities by Acuité Ratings and Research, with a 'Stable' outlook.

The ratings consider the company’s long operational track record and a marginal increase in Q1FY2027 operating revenue to Rs. 58.30 crore.

However, they are limited by increasing operating losses in FY2026 due to higher labor costs and a constrained financial profile.

Recent financial assistance totaling Rs. 47 crore has supported and improved AYCL's liquidity.