Sunil Healthcare credit rating revisions disclosed in a BSE filing on October 5, 2026, put the company's long-term bank facilities at BWR BBB- with a Stable outlook and short-term bank facilities at BWR A3. Sunil Healthcare Ltd described both ratings assigned by Brickwork Ratings India Pvt. Ltd. as upgrades from the earlier ratings given by CARE Ratings Limited.

The disclosure concerns two categories of bank facilities, with the long-term rating moving from CARE BB+ and the short-term rating moving from CARE A4+. The company submitted the intimation under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements framework.

Bank facility ratings: Earlier and newly assigned

For long-term bank facilities, Brickwork assigned BWR BBB- with a Stable outlook, compared with the earlier CARE BB+ rating, also carrying a Stable outlook. For short-term bank facilities, the newly assigned rating is BWR A3, against the earlier CARE A4+.

Bank facility category Earlier CARE rating Assigned Brickwork rating
Long-term CARE BB+, Stable outlook BWR BBB-, Stable outlook
Short-term CARE A4+ BWR A3

The comparison in the filing is between ratings assigned by two different agencies. Sunil Healthcare characterised the revisions as upgrades; the long-term outlook remains Stable in both the earlier and newly assigned assessments.

Effective date and exchange disclosure

Brickwork communicated the ratings through a letter dated October 1, 2026. According to the company, the ratings became effective on October 3, 2026, ahead of its October 5 exchange disclosure.

The intimation was addressed to BSE and the Calcutta Stock Exchange and signed in New Delhi by company secretary Satyendu Pattnaik. The BSE announcement identifies Sunil Healthcare by scrip code 537253.

The supplied filing does not state the amounts of the bank facilities covered by the ratings or provide the rating agency's rationale for the assessments.