SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Fitch assigns D(ind) rating to Indus Fila’s bank facilities

13 Jun 2011 Evaluate

Credit rating agency, Fitch has assigned ‘D(ind)’ rating to long-term bank facilities of Indus Fila (IFL).

The ratings reflect delays in debt servicing by the company and the overdrawing of cash credit limits. Despite restructuring in 2009 with a moratorium till FY10, the company has been unable to repay its debt obligations to date.

Indus Fila's principal activity is to manufacture textile products, which includes dyed yarn, grey fabrics and readymade garments.

Peers
Company Name CMP
Welspun Living 130.25
Vardhman Textiles 590.10
Arvind 382.55
K.P.R. Mill 930.45
Page Industries 37647.00
View more..

About MoneyWorks4Me

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.

Our Vision

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.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×