Credit rating agency, CARE has revised ‘BB+’ rating to Rei Agro’s Long-term bank facilities worth Rs 351.4 crore from ‘BBB+’. The rating agency has also revised ‘BB+/A4+’ rating to the company’s Long/Short term facilities worth Rs 4,250 crore from ‘BBB+/A2’ and ‘A4+’ to Short term facilities worth Rs 10 crore from ‘A2’.
The company has received the ratings on the back of its long track record with leadership position in the basmati rice market, strategic location of the units with proximity to the raw material source and wide distribution network with a brand focus.
REIAL operates two manufacturing units, both located in state of Haryana. These facilities have an installed capacity of 61 TPH. In order to increase its basmati processing capacity, the company has acquired on lease basis, a processing capacity of 18 TPH, is located in Amritsar. This has led to an increase in the company's installed capacity to 79 TPH.
| Company Name | CMP |
|---|---|
| Varun Beverages | 474.05 |
| Nestle | 1285.65 |
| Britannia Inds | 5733.75 |
| LT Foods | 422.10 |
| Hatsun Agro Product | 979.20 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: