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Fredun Pharmaceuticals upgraded to BBB+ by Infomerics, citing strong performance and growth, boosting its global expansion prospects.
Fredun Pharmaceuticals Limited has received a BBB+ long-term credit rating from Infomerics, up from BBB with a stable outlook, for its ₹156.17 crore bank facilities, reflecting strong financial performance, disciplined capital management, and consistent growth in FY24 and FY25.
The upgrade, alongside a maintained A2 short-term rating, enhances the company’s credibility and financial flexibility, supporting expansion in Africa, Southeast Asia, CIS nations, and Latin America.
The change follows a similar rating boost from Brickwork and underscores confidence in Fredun’s sustained performance and global competitiveness.
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Fredun Pharmaceuticals se actualizó a BBB+ por Infomerics, citando un fuerte rendimiento y crecimiento, impulsando sus perspectivas de expansión global.