Credit Rating
CRISIL Ratings has assigned its ‘CRISIL BBB/Stable’ ratings to the long term bank facilities of OSEL Devices Limited (ODL).
The rating reflects ODL’s extensive industry experience of the promoters, improving scale of operations and moderate working capital cycle, sound operating efficiencies and healthy financial profile. These strengths are partially offset by its technological obsolescence risks and exposure to risks relating to raw material price fluctuation.