Dreamfolks Services' credit rating revised after business changes

Dreamfolks Services Limited announced that CRISIL Ratings Limited revised its credit rating for the company's total bank loan facilities. The long-term rating was downgraded to CRISIL BBB-/Stable from CRISIL BBB+, and the short-term rating was lowered to CRISIL A3 from CRISIL A2. These revisions come after being removed from 'Rating Watch with Negative Implications'. The total bank loan facilities rated amount to INR 145 Crore.

CRISIL's assessment continues to highlight Dreamfolks Services' healthy financial risk profile and liquidity, marked by nil debt and a significant net worth of ₹328.6 crores as of June 2025 (Standalone). The financial risk profile is expected to remain strong, underpinned by robust fundamentals and prudent financial management, despite the rating adjustments.

The downward revision is attributed to the discontinuation of domestic lounge business programs. However, the revised long-term rating of CRISIL BBB-/Stable is still classified as "Investment Grade," ensuring Dreamfolks Services remains eligible for investments from a broad range of institutional investors.