Key Metrics of Gripwel Fasteners Private Limited
About Gripwel Fasteners Private Limited
Sectors
Company details
Operational Areas of Gripwel Fasteners Private Limited
Company summary
Entity details
Compliance
Industry classification
Financials, ratios and risk analysis
Revenue, EBITDA, net profit, net worth, debt and assets for every filing year, 15+ ratios, the financial health score, shareholding, charges and peer comparison are part of the premium plan.
Sign in to continue See plans & pricingFiling compliance
Due dates follow the Companies Act: AGM within six months of the year end, AOC-4 within 30 days and MGT-7 within 60 days of the AGM. A filing made but not yet uploaded here shows as pending.
Vendor checks & payment capacity
Sign in with access to company financials to review vendor evidence.
Credit ratings
Rating history
Rating actions
| Date | Agency | Action | Long term | Short term | Outlook | Rated amount | Rationale |
|---|---|---|---|---|---|---|---|
| 07 May 2026 | ICRA | Reaffirmed | A+ | A1 | Stable | ₹25.0 Cr | View |
Credit strengths (ICRA, May 2026)
+ Access to financial and operational support from parent entity
The entity benefits from strong operational and financial linkages with its parent, which enhance its creditworthiness and business stability.
+ Strong financial risk profile characterised by low gearing and healthy coverage indicators
The company’s financial risk profile remains healthy, supported by minimal debt repayment obligations—largely confined to working capital—and stable operating margins.
Credit challenges
− Modest scale of operations
The company operates at a modest scale, which limits its ability to derive benefits from economies of scale and constrains its bargaining power with customers and suppliers.
− Impact of tariffs imposition by the US
In FY2025, the US government imposed reciprocal tariffs on the auto component industry.
Could lead to an upgrade
An improvement in the credit profile of the parent (UIL) could lead to a rating upgrade. A meaningful improvement in revenues and profitability, along with greater geographical diversification of GFPL’s revenue profile, would also be favourably considered for a rating improvement.
Could lead to a downgrade
The ratings may be revised downward if a material deterioration in the scale of operations or profitability weakens its credit metrics. A deterioration in the credit profile of the parent entity (UIL) or a weakening in the linkages between the entities could also exert pressure on the ratings.
Agency-reported financials (ICRA, 07 May 2026)
| Metric | FY2024 | FY2025 | 9M FY2026 |
|---|---|---|---|
| Operating income | ₹194 Cr | ₹181 Cr | ₹130 Cr |
| PAT | ₹21.10 Cr | ₹18.10 Cr | ₹13.20 Cr |
| OPBDIT/OI | 13.8% | 14.0% | 16.2% |
| PAT/OI | 10.9% | 10.0% | 10.2% |
| Total outside liabilities/Tangible net worth (times) | 0.50× | 0.70× | 1.50× |
| Total debt/OPBDIT (times) | 0.40× | 0.50× | 0.70× |
| Interest coverage (times) | 51.10× | 26.00× | 26.00× |
| Revenue growth (YoY) | — | −6.8% | — |
| EBITDA (margin × income) | ₹26.77 Cr | ₹25.31 Cr | ₹21.03 Cr |
| Implied total debt (debt/EBITDA × EBITDA) | ₹10.71 Cr | ₹12.66 Cr | ₹14.72 Cr |
| Implied interest cost (EBITDA ÷ coverage) | ₹0.52 Cr | ₹0.97 Cr | ₹0.81 Cr |
Borrowings & rated debt
Facility mix
Rated facilities
| Facility | Type | Previous | Current | Change | Rating | Action | Agency |
|---|---|---|---|---|---|---|---|
| Long-term Short-term – Fund-based – Cash credit | Working capital & bank lines | ₹22.5 Cr | ₹22.5 Cr | 0.0% | A+ / A1 (Stable) | Reaffirmed | ICRA |
| Long-term Short-term – Unallocated limits | Working capital & bank lines | ₹2.50 Cr | ₹2.50 Cr | 0.0% | A+ / A1 (Stable) | Reaffirmed | ICRA |
Credit assessment · Auto components
Rating Methodology – Auto Components and Equipment (Oct 2026) · Standalone accounts · FY 2024-25
Ratios, pillar scores and the indicative rating are part of Premium.
Rating status
| Default | No default on record |
| Issuer cooperation | Cooperating |
| Credit enhancement | None – standalone rating |
| Next action stable or better (model) | 74% |
| Information on file | 33% · missing: Audited financial statements (last 18 months), Annual results history (3+ years), Debt obligations and repayment schedule, Capex / investment plans, Auditor details, Shareholding pattern |
Indicative assessment from public data using the published methodology factors; not a credit rating.
Borrowing & funding lifecycle
- Credit outlook model: 74% chance the next rating action is stable or better
- Current rating A+ (investment grade)
- Interest coverage 26×
- ₹2.5 cr of rated limits not yet tied to a lender
Rated limits by facility
Timeline
From the report
Despite dividend payouts to the parent exceeding annual cash accruals over the past three years, credit metrics remain robust, with expected total debt/OPBITDA of around 0.7 times and interest coverage of about 20.0 times in FY2026.
From the report
Further, the parent company (UIL) has healthy cash and liquid investments of more than Rs. 200 crore, as of March 31, 2026, which provides sufficient support to GFPL’s liquidity.
Lender names, bank charges and audited borrowings are part of Premium.
Built from MCA charges, ICRA/CARE rating reports and audited accounts. The borrowing view is an estimate, not a lender's credit decision.
Registered office and contact
Directors and key people
Directors are read from the MGT-7 annual return and AOC-4 signatories.
Competitors of Gripwel Fasteners Private Limited
Top competitors by location
| Company | Description | Domain | Founded | Location |
|---|---|---|---|---|
 Sundram Fasteners (Casting Division) |
Casting & Die Casting (India) · Auto Components, Forging & Casting | sundram.com | — | India |
 Sterling Tools |
Fasteners · Auto Components, Forging & Casting | stlfasteners.com | — | New Delhi, India |
| Sundram Fasteners (TVS Group) |
Fasteners · Auto Components, Forging & Casting | sundram.com | — | India |
| Fasteners · Auto Components, Forging & Casting | lpsbossard.com | — | New Delhi, India | |
 Deepak Fasteners (Unbrako) |
Fasteners · Auto Components, Forging & Casting | unbrako.com | — | India |
 Agrivet Research and Advisory Pvt Ltd (India) |
Fasteners · Auto Components, Forging & Casting | agrivet.in | — | India |
 Bolt Earth |
Outlets operated by Bolt Earth. | bolt.earth | — | India |
| Fasteners · Auto Components, Forging & Casting | bricknbolt.com | — | India | |
| GS Auto International | Fasteners · Auto Components, Forging & Casting | — | — | India |
| Super Screws | Fasteners · Auto Components, Forging & Casting | — | — | Delhi, India |
Similar companies
Charges (secured borrowings)
0 registered charges. Lenders, amounts and dates are part of the premium plan.
Statutory auditors
Auditors are read from the AOC-4 auditor's report section.
Business activities and related parties
Principal business activities and related-party transactions are read from MGT-7 and AOC-4 filings.
Filings
No filings on record yet.