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Crisil Ratings reaffirmed Sportking India Ltd’s credit ratings, citing a strengthening business risk profile
19-Aug-2026, 06:19
Sportking India Ltd has announced ratings reaffirmations and an outlook revision from Crisil Ratings Limited, with its Long Term Rating reaffirmed at Crisil A+/Positive, while the Short Term Rating remains CRISIL A1. Crisil also revised the outlook on the Long-term bank facilities from Stable to ‘Positive’, reflecting a strengthening of the business risk profile, and reaffirmed the Short-term bank facility at Crisil A1. Additionally, various instruments including Long-term bank facilities, Short-term bank facility, NCDs maturing in 2027-2029, Cash Credit, Foreign Exchange Forward, Letter of Credit, Proposed Long Term Bank Loan Facility, and Term Loans, all carry ratings of Crisil A+ or A1, with some exhibiting a Positive outlook or assignment, while RBI, SEBI, and MCA also provide ratings for various instruments including Securitisation Notes, Listed/Proposed to be listed bonds, and Inter Corporate Deposits.
Sportking India Ltd has announced ratings reaffirmations and an outlook revision from Crisil Ratings Limited, with its Long Term Rating reaffirmed at Crisil A+/Positive, while the Short Term Rating remains CRISIL A1. Crisil also revised the outlook on the Long-term bank facilities from Stable to ‘Positive’, reflecting a strengthening of the business risk profile, and reaffirmed the Short-term bank facility at Crisil A1. Additionally, various instruments including Long-term bank facilities, Short-term bank facility, NCDs maturing in 2027-2029, Cash Credit, Foreign Exchange Forward, Letter of Credit, Proposed Long Term Bank Loan Facility, and Term Loans, all carry ratings of Crisil A+ or A1, with some exhibiting a Positive outlook or assignment, while RBI, SEBI, and MCA also provide ratings for various instruments including Securitisation Notes, Listed/Proposed to be listed bonds, and Inter Corporate Deposits.