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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Tolins Tyres Ltd

Tolins Tyres Ltd: CARE Ratings Withdraws Bank Facility Ratings

RATING ● No Immediate Change LOW RISK
📅 Filed on BSE: 30 Jun 2026, 06:56 PM IST  ·  BSE ID: d9c07382-bab1-4525-84ce-e1c55b45837d
View Original BSE Filing (PDF)
💡
In Simple Terms
The company's bank loan ratings were cancelled because it paid off all its bank loans and didn't use new ones.
🤖 AI Summary
  • CARE Ratings withdrew ratings for Tolins Tyres Ltd's bank facilities.
  • Withdrawal due to company surrendering facilities with zero outstanding amounts.
  • Ratings for proposed facilities also withdrawn as they were not availed.
  • Financials show Rs. 223.25 crore operating income for FY26.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Total operating income
223.25
PBILDT
24.89
PAT
15.04
Overall gearing
0.01
Interest coverage
24.40
🏢 How This Affects the Company
📈
Business Impact
This event does not directly alter the company's business operations or market position as it relates to unused or fully repaid credit facilities.
💰
Financial Impact
The withdrawal signifies no outstanding debt under the rated bank facilities, reinforcing a clean balance sheet concerning these specific credit lines.
⚙️
Operational Impact
No operational changes are indicated by this rating withdrawal, as it pertains to credit facilities rather than ongoing production or sales.
⚠️
Risk Impact
This event removes the risk associated with potential future downgrades of these specific bank facilities, as they are no longer rated or in use.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders regarding this rating withdrawal.
👤
Who Is Affected
All shareholders are unaffected as this pertains to the company's credit facilities, not equity or dividends.
🔍
Management Signal
This signals responsible management of credit facilities, ensuring that only utilized and necessary credit lines remain, with no outstanding amounts on surrendered facilities.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events
Next quarterly results disclosure
Any new credit facility arrangements
Future monitoring agency reports on IPO fund utilization
LOW RISK Withdrawal relates to fully repaid or unavailed credit lines, posing no new financial or operational risk.
💡 Investor Takeaway
CARE Ratings has withdrawn ratings for Tolins Tyres Ltd's bank facilities because they were surrendered with no outstanding amounts. Proposed facilities were also withdrawn as they were not availed.
⚖️ Strengths & Concerns

✅ Positives

  • Zero outstanding amounts under surrendered bank facilities reported as of reporting date.
  • Overall gearing stood at 0.01 times for March 31, 2026, indicating minimal leverage.
📅 Company Track Record
Tolins Tyres Ltd, formerly Tolins Tyres Private Limited, converted to a limited company in January 2024 and listed in September 2024. Financials show steady operating income growth.

Based on publicly available historical data. For context only.

❓ Frequently Asked Questions
What happened with Tolins Tyres Ltd's credit ratings?
CARE Ratings withdrew the ratings assigned to Tolins Tyres Limited's bank facilities and proposed facilities.
Why were the ratings withdrawn by CARE Ratings?
The ratings were withdrawn because Tolins Tyres Limited surrendered the bank facilities and no amount was outstanding. Proposed facilities were not availed.
What was Tolins Tyres Ltd's operating income in FY26?
Tolins Tyres Ltd reported a total operating income of Rs. 223.25 crore for the year ended March 31, 2026.
What is Tolins Tyres Ltd's overall gearing as of March 31, 2026?
The overall gearing for Tolins Tyres Limited was 0.01 times as of March 31, 2026.

Questions based on this BSE filing only. For information purposes.

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⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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