Infomerics upgrades Indo Farm Equipment credit rating
after close1 source ↓written by the desknot a recommendation
- in loans
- ₹103.70 cr
- in FY2026
- ₹419.54 cr
- in tractor revenue
- 42.87% increase
- ₹84.94 cr
Indo Farm Equipment announced that Infomerics upgraded its long-term bank facility rating to IVR A/Stable and short-term rating to IVR A1 on 18 September 2026, covering ₹103.70 cr in loans. The company's operating income rose 14.39% to ₹419.54 cr in FY2026, driven by a 42.87% increase in tractor revenue. Total debt declined 10.91% to ₹84.94 cr, enhancing its financial stability.
Not investment advice. For informational purposes only.