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La Opala RG Limited: CARE Ratings Reaffirms Long-Term and Short-Term Bank Facilities
La Opala RG Limited
January 13, 2026, 07:29 AM
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La Opala RG Limited (LORGL) has been informed by CARE Ratings Ltd. that the credit rating agency has reaffirmed the credit ratings for the company's long-term and short-term bank facilities.
The reaffirmed ratings include CARE AA; Stable for long-term bank facilities amounting to ₹5.00 crore, and CARE A1+ for short-term bank facilities amounting to ₹3.00 crore. Additionally, the long-term/short-term bank facilities of ₹5.00 crore have been reaffirmed with a rating of CARE AA; Stable / CARE A1+.
CARE Ratings highlighted that the ratings continue to be supported by LORGL's strong position in the domestic opal-ware segment, a robust brand image, a wide product range, an extensive distribution network, and a presence in export markets. The agency also noted the company's superior profitability margins, low debt levels, and strong liquidity backed by mutual fund investments. The stable outlook reflects the expectation that LORGL will maintain its financial risk profile given its established market position.
However, the ratings are constrained by foreign exchange fluctuation risk, working capital-intensive operations, and competition from domestic players and substitute products. The press release from CARE Ratings was dated January 12, 2026.
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