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Dreamfolks Services Limited ( (IN:DREAMFOLKS) ) has shared an announcement.
Dreamfolks Services Limited has disclosed that CRISIL Ratings has reaffirmed its long-term rating at CRISIL BBB-/Stable and its short-term rating at CRISIL A3 on the company’s total bank loan facilities amounting to Rs.145 crore. The ratings, unchanged from the previous review, will remain valid until September 30, 2026, indicating a stable credit risk profile and continued access to bank financing on comparable terms for the near term.
The reaffirmation suggests that CRISIL sees no material deterioration in Dreamfolks’ creditworthiness, supporting confidence among lenders and other stakeholders in the company’s ability to meet its financial obligations. Maintaining the existing rating levels may help the company preserve its current borrowing costs and financial flexibility as it continues to operate and expand in the competitive travel services ecosystem.
More about Dreamfolks Services Limited
Dreamfolks Services Limited operates in the travel and hospitality services space, facilitating access to airport-related services such as lounges and allied offerings for passengers through arrangements with banks, card networks, and other partners. The company focuses on the Indian market, leveraging partnerships with financial institutions and travel ecosystems to drive service usage and volume-led growth.
Average Trading Volume: 18,788
Technical Sentiment Signal: Sell
Current Market Cap: 3.59B INR
Find detailed analytics on DREAMFOLKS stock on TipRanks’ Stock Analysis page.