Product Quantum (Rs. Cr) Long Term Rating Short Term Rating
Bank Loan Ratings 25.00 Not Applicable | Withdrawn -
Total Outstanding 0.00 - -
Total Withdrawn 25.00 - -
 
Rating Rationale

­Acuité has withdrawn its long-term rating on Rs. 25 Crore bank facilities of Down Town Hospital Limited  without assigning any rating as it is a proposed facility. The rating is being withdrawn on account of the request received from the company.
The rating has been withdrawn as per Acuite's policy of withdrawal of ratings as applicable to the respective instrument/facility. 

About the Company

­­­Down Town Hospital Limited (DTHL) is a Guwahati, Assam based entity incorporated in the year 1986. The company is running a multi speciality 300 bedded hospital in Guwahati. The company is also constructing a hotel under brand "Marriot Courtyard". The current Directors of the company are Dr. Narendra Nath Dutta, Ms. Mayurakshi Dutta, Dr, Mr. Biswa Dutta, Ms. Gariasi Dutta, Mr. Joutishman Dutta, Mrs. Bandana Dutta and Ms. Sabita Tamuli.

 
Unsupported Rating
­Not Applicable
 
Analytical Approach
­Not Applicable
 
Key Rating Drivers

Strengths
­­Not Applicable

Weaknesses
­­Not Applicable
Rating Sensitivities
­Not Applicable
 
Liquidity Position
­Not Applicable
 
Outlook : ­Not applicable
­
 
Other Factors affecting Rating
­None
 

Particulars Unit FY 25 (Actual) FY 24 (Actual)
Operating Income Rs. Cr. 90.70 86.15
PAT Rs. Cr. 5.83 6.16
PAT Margin (%) 6.43 7.15
Total Debt/Tangible Net Worth Times 0.11 0.00
PBDIT/Interest Times 0.00 4770.47
Status of non-cooperation with previous CRA (if applicable)
­Not applicable
 
Any other information
­None
 
Applicable Criteria
• Default Recognition :- https://www.acuite.in/view-rating-criteria-52.htm
• Service Sector: https://www.acuite.in/view-rating-criteria-50.htm
• Application Of Financial Ratios And Adjustments: https://www.acuite.in/view-rating-criteria-53.htm

Note on complexity levels of the rated instrument

Date Name of Instruments/Facilities Term Amount (Rs. Cr) Rating/Outlook
21 Jan 2025 Proposed Long Term Bank Facility Long Term 25.00 ACUITE BBB- | Stable (Assigned)
­

Lender’s Name ISIN Facilities Date Of Issuance Coupon Rate Maturity Date Quantum
(Rs. Cr.)
Complexity Level Rating
Not Applicable Not avl. / Not appl. Proposed Long Term Bank Facility Not avl. / Not appl. Not avl. / Not appl. Not avl. / Not appl. 25.00 Simple ACUITE Not Applicable | Withdrawn

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