Bulletin Updates

Chemical Process Equipments: Ratings reaffirmed – 3 Jan 2023

Jan 03, 2023

Chemical Process Equipment Private Limited (CPEPL) continues to demonstrate vast management experience, as well as a long track record of operations in the Fibre Reinforced Plastic (FRP) / Glass-fiber Reinforced Plastic (GRP) industry, as well as a diverse and reputable clientele base with a history of repeat orders from them. The ratings also take into account the robust order book position, which provides medium-term revenue visibility as well as moderate leverage and debt coverage

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