MoneyWorks4Me

CARE reaffirms rating of Sakuma Export’s bank facilities

07 Nov 2012 Evaluate

Credit rating agency, CARE has reaffirmed BBB+/ A2 rating to long term/ short term bank facilities worth Rs 125 crore of Sakuma Export.

The company has received the said rating on the back of its consistent growth in sales in FY12 as a result of favourable Government regulations for sugar exports, rich experience of the promoters in the business of trading in agro-commodities and moderate overall financial risk profile of SEL.

Sakuma Exports is engaged in the business of Trading and Export of Commodities. The core export of the company consists of Agro Based Commodities. 

Peers