Rama Phosphates Limited (RAMAPHO) — Announcement | 26 March 2026

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ICRA placed Rama Phosphates' credit ratings on watch with negative implications while reaffirming ratings across all facilities. Long-term fund-based limits of ₹80 crore remain rated ICRA A- (Stable), and short-term non-fund based limits of ₹48 crore stay at ICRA A2+ (A2 Plus), with total rated facilities at ₹136 crore. The negative watch signals potential downgrade risk despite maintained rating levels.

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About Rama Phosphates Limited (RAMAPHO)

Chemicals · Fertilizers & Agrochemicals · Listed on NSE

Market Cap: ₹473.01 Cr P/E: 9.0

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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