Crisil Revises Gopal Snacks Outlook to Negative

Business Standard Markets · stocks

Crisil Ratings has revised the outlook on Gopal Snacks' long-term bank facilities to 'negative' from 'stable', while reaffirming ratings at 'A/A1'. The revision reflects expectations of a subdued business risk profile due to intense competition and a fire incident in December 2024 impacting operations. Muted revenue growth and a decline in operating margin are also cited. The company's financial risk profile has moderated due to increased debt, with its ability to maintain.