Artemis Medicare reaffirms CARE A; Stable rating for ₹343.15 Cr bank facilities
Artemis Medicare Services Limited's long-term bank facilities of ₹343.15 crore have been reaffirmed with a CARE A; Stable rating. Long-term/short-term facilities of ₹45.00 crore also reaffirmed. Ratings based on FY26 audited and Q1FY27 unaudited performance.
Credit ratings are important for a company's borrowing costs and access to credit. A stable rating reaffirmation generally has a moderate positive impact on investor confidence and financial operations.
The reaffirmation of credit ratings with a stable outlook is a positive development, indicating continued financial stability and creditworthiness of the company.
Artemis Medicare Services Limited has announced the reaffirmation of its credit ratings by CARE Ratings Limited. The long-term bank facilities, amounting to ₹343.15 crore (reduced from ₹427.90 crore), have been reaffirmed with a CARE A; Stable rating. Additionally, long-term/short-term bank facilities of ₹45.00 crore have also been reaffirmed with CARE A; Stable / CARE A2+ ratings.
These ratings are based on the company's operational and financial performance for FY26 (audited) and Q1FY27 (unaudited). CARE Ratings Limited communicated these ratings via a letter dated September 23, 2026, which was received by the company on the same day at 5:39 PM. The rating agency will issue a press release shortly and has requested comments from the company by September 25, 2026, failing which they will proceed with the existing information.
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Artemis Medicare Services Limited filed this with the NSE as a statutory disclosure, categorised under credit ratings. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Artemis Medicare Services Limited. Read the original for the full detail.