Credit rating agency, CARE has reaffirmed ‘BBB-’ rating to Khaitan Chemicals & Fertilizers’ (KCFL’s) long term bank facilities worth Rs 175.09 crore and ‘A3’ rating to company’s short term bank facilities worth Rs 154.72 crore. The ratings assigned to the bank facilities of KCFL continue to take into account its established position in single super phosphate (SSP) segment of fertilizer industry with third largest market share in domestic market and its experienced management.
KCFL, incorporated in 1982, primarily deals in two business viz. fertilizer and soya. In the fertilizer division, it is engaged in manufacturing of SSP (a phosphatic fertilizer) and sulphuric acid, whereas soya division manufactures soya refined oil and de-oiled cake (DOC).
Company Name | CMP |
---|---|
Coromandel Interntl. | 1136.30 |
National Fertilizers | 98.87 |
Chambal Fert & Chem | 373.45 |
RCF | 140.40 |
Paradeep Phosphates | 69.94 |
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