Kanchi Karpooram Ltd

Please read carefully, the caution is while using the rating (since it is based on insufficient info) and not for the company, and you are then using the rating to form an opinion of the company! They have almost zero debt and this is normal when they do not have plans to get more debt. This is from the most recent published rating report, typical boiler-plate wording, very often used. This is normal when company does not want to spend time on something it has no use of.
Sales have increased 4x since 2017 and fixed-assets 10x since 2016, I too find all this very troubling indeed! Will try to find out more about what exactly is going wrong with this company! Thanks!

https://www.indiaratings.co.in/PressRelease?pressReleaseID=40386&title=india-ratings-maintains-kanchi-karpooram-in-non-cooperating-category

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