Blue Jet Healthcare has been assigned credit ratings of CARE A+; Stable for long-term/short-term bank facilities and CARE A1+. The ratings, assigned by Care Ratings Limited, are applicable to bank facilities totaling ₹275.00 crore. This reflects the company’s established operations, experienced leadership, and strong presence in niche product segments, including contrast media and pharma intermediates.
Credit Ratings Assigned
Blue Jet Healthcare Limited has received credit ratings for its bank facilities, as announced on December 17, 2025. Care Ratings Limited has assigned a rating of CARE A+; Stable for long-term bank facilities and a rating of CARE A1+ for short-term bank facilities.
Details of Rated Facilities
The assigned ratings apply to long-term and short-term bank facilities, with a total amount of ₹275.00 crore.
Rationale for the Ratings
The ratings are supported by Blue Jet Healthcare’s established operational track record, experienced promoters and management, and its presence in niche, high-value product segments such as contrast media intermediates, pharmaceutical intermediates, and high-intensity sweeteners. The company also benefits from a diversified product portfolio and strong relationships with its global customer base.
Financial Performance and Outlook
Blue Jet Healthcare reported a ₹1048.29 crore total operating income in FY25, compared to ₹721.53 crore in FY24. The company’s PBILDT margin stood at 37.78% in FY25. The outlook for the ratings is stable, reflecting the expectation that Blue Jet Healthcare will maintain its market position and financial risk profile.
Key Strengths
Key strengths contributing to the ratings include experienced promoters, a competent management team, a global operational track record, and diversified product capabilities. These factors support the company’s ability to navigate the industry and maintain its established market position.
Factors to monitor
Effective working capital management, revenue diversification, and timely stabilization of new capacities are key rating sensitivities.
Source: BSE
