MoneyWorks4Me

CRISIL assigns ratings to bank facilities of Kothari Fermentation

31 Aug 2017 Evaluate

Credit rating agency, CRISIL has assigned credit ratings to Kothari Fermentation and Biochem’s bank loan facilities worth Rs 30 crore. The rating agency has assigned Long-term Rating of ‘BB+’ with positive outlook, while Short-term Rating of ‘A4+’.

Kothari Fermentation and Biochem has been engaged in the manufacture of yeast and its derivatives. The manufacturing unit of the company produces various kinds of yeast including compressed yeast, dried yeast, distiller yeast improvers, extract paste and extract powder.

Peers
Company Name CMP
Nestle India 1254.00
Varun Beverages 419.80
Britannia Industries 4705.00
LT Foods 406.30
Hatsun Agro Product 1143.95
View more..