Nahar Industrial Enterprises Ltd

Key disclosures

• Board approved unaudited standalone and consolidated quarterly results for quarter ended 30 June 2026.
• Independent auditor's review reports on results submitted; Annexure-A attached.
• Results prepared in Ind AS per SEBI LODR Regulation 33.
• AGM scheduled for 29 September 2026 at 11:45 AM via VC/OAVM.
• Audit Committee reviewed results on 14 August 2026; Board took on record.
• Fire incident at Lalru unit in May 2026; no casualties; insured; no production impact.
• Consolidated results include wholly owned subsidiaries and associates.

Dematerialisation and listing status

• The securities comprised in the certificates have been listed on the stock exchanges.
• Physical certificates for dematerialisation were mutilated and cancelled after verification, with the depository substituted as owner.
• Substitution of the depository's name as registered owner occurred within prescribed timelines.

Rating action

• CRISIL reaffirmed Nahar Industrial Enterprises' bank facility ratings.
• Total bank loan facilities rated increased to Rs.1,100 crore from Rs.1,000 crore.

Instruments and ratings

• Cash credit facilities rated Crisil A-/Stable.
• Letter of credit and bank guarantee facilities rated Crisil A2+.
• Long-term loan facilities rated Crisil A-/Stable.
• Proposed long-term bank loan facilities rated Crisil A-/Stable.

Agency

• Rating agency: CRISIL Ratings.

Rationale

• The document provides no detailed rationale beyond the reaffirmation notice.

Outlook

• Outlook on the long-term rating is Stable.

Material change

• Enhanced bank facilities were rated at Rs.1,100 crore, up from Rs.1,000 crore.

Credit Rating Action ⚖️

• Crisil Ratings reaffirmed long-term rating at Crisil A- and short-term rating at Crisil A2+.
• Outlook revised from Negative to Stable.

Instruments/Facilities Rated 💰

• Total bank loan facilities rated: Rs. 1000 Crores.
• Facilities include Cash Credit, Letter of Credit & Bank Guarantee, Long Term Loans, and Proposed Long Term Bank Loan Facility.
• Proposed long-term facility of Rs. 10.13 Crores rated Crisil A-/Stable.

Rating Agency

• Crisil Ratings.

Rationale

• Ratings reflect stable credit profile and likelihood of timely payments.
• Outlook revision to Stable indicates improved business or financial risk profile.

Rating Sensitivities & Outlook

• Ratings under continuous surveillance; may be revised based on new information.
• Current outlook: Stable (revised from Negative).