Vinati Organics' strong credit rating reaffirmed by CARE Ratings

Vinati Organics Limited announced on October 7, 2025, that CARE Ratings Limited has reaffirmed its credit ratings for the company's bank facilities. The long-term/short-term bank facilities, totaling ₹237.00 crore, were rated CARE AA+; Stable / CARE A1+. This reaffirmation reflects the company's sustained business and financial risk profiles.

The ratings draw comfort from Vinati Organics' market leadership in key products like ATBS and IBB, its competitive advantage in complex manufacturing processes, and the extensive experience of its promoters. The company benefits from an established global market position, diversified business, and healthy operating performance, contributing to robust cash flows and a favorable capital structure.

Despite potential exposure to raw material price volatility and foreign currency fluctuations, the company's strong liquidity position, with cash and bank balances of ₹12.59 crore as of end-FY25, supports its stable outlook. Vinati Organics generated gross cash accruals of ₹512.24 crore in FY25 and has no long-term debt, with capex plans funded through internal accruals and existing liquidity.