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CARE reaffirms rating of PBM Polytex‘s bank facilities

04 Mar 2013 Evaluate

Credit rating agency, CARE has reaffirmed ‘BBB’ rating to PBM Polytex’s long-term bank facilities worth Rs 57.47 crore which was enhanced from 56.95 crore

The rating agency has also revised ‘A3’ rating of company’s short term bank facilities worth Rs 10.50 crore which was enhanced from 9.50 crore to ‘A3+’.  

The company has received the said rating on the back of its vast experience of the promoters and established track record of operations in the cotton yarn business apart from its moderate leverage.

PBM Polytex manufactures a wide range of products from Ne 24’s to Ne 80’s, both single and TFO doubled yarns from as many as 25 raw material mixes. Besides Indigenous raw cotton like DCH 32, MCU 5, Shankar 6 and MECH.

PBM Polytex Share Price

53.55 0.56 (1.06%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Trident 26.12
Filatex India 44.94
Nitin Spinners 419.70
Nahar Spinning Mills 249.20
Sanathan Textiles 427.00
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