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Fitch assigns ‘BBB+’ rating to long term working facilities of Kwality Dairy

28 Feb 2012 Evaluate

Credit rating agency, Fitch has assigned ‘BBB+’ rating to the long term working facilities of Kwality Dairy India. The rating agency has also assigned ‘A2’ rating to the short term working facilities of the company.

Kwality Dairy India's premier dairy foods company focuses on building leadership positions in branded and added value markets across the dairy sector. KDIL specializes in the storage of milk and related products. The company’s product range comprises all SKU’s of pure ghee in consumer packing, dairy mix, dairy whitener apart from skimmed milk powder for industrial buyers.

The other products of the company include, skimmed milk powder, whole milk powder, partly skimmed milk powder, dairy whitener, desi ghee, white butter, curd, butter milk, yogurts and other milk products.

Peers
Company Name CMP
Nestle India 1364.90
Varun Beverages 434.65
Britannia Industries 4939.00
LT Foods 422.25
Hatsun Agro Product 1163.20
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