Press Release February 06, 2026 PREMIUM MEDICAL AND HEALTH CARE PROVIDERS PRIVATE LIMITED Rating Withdrawn

Product	Quantum (Rs. Cr)	Long Term Rating	Short Term Rating
Bank Loan Ratings	329.01	Not Applicable | Withdrawn	-
Bank Loan Ratings	15.99	-	Not Applicable | Withdrawn
Total Outstanding	0.00	-	-
Total Withdrawn	345.00	-	-

Rating Rationale

­Acuité has withdrawn its long-term and short-term rating on Rs. 310.83 Crore bank facilities of Premium Medical and Health Care Providers Private Limited (PMPL) without assigning any rating as the instrument is fully repaid. The rating is being withdrawn on account of the request received from the issuer and No Dues Certificate (NDC) received from the lenders.  ­Acuite has withdrawn of the long term bank facilities on the Rs. 34.17 Cr. of Premium Medical and Health Care Providers Private Limited (PMPL) without assigning any rating as it is a proposed facility. The rating has been withdrawn on account of the request received from the company.  The rating has been withdrawn as per Acuite's policy of withdrawal of ratings as applicable to the respective instrument/facility.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

Premium Medical & Healthcare Providers Private Limited (PMPL), based out of Coimbatore, Tamil Nadu was incorporated in September 2013 and commenced commercial operations in September 2017. The Company runs a multi-specialty hospital under the name “Meitra” located in Calicut, Kerala. The total built up area of the hospital at present is nearly 400,000 sq. ft. with capacity of 250 beds of which it is operating with 209 beds for in-patients. The company is promoted by KEF Healthcare Services Pte Limited holding 70.63 per cent stake as on March 31, 2025. Currently Mr. Faizal Edavalath Kotti Kollon, Mr. Harish Manian and Mr. Simrun Mehta are the directors of the company.

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

Key Financials

Particulars	Unit	FY 25 (Actual)	FY 24 (Actual)
Operating Income	Rs. Cr.	257.06	200.37
PAT	Rs. Cr.	(2.67)	(41.97)
PAT Margin	(%)	(1.04)	(20.94)
Total Debt/Tangible Net Worth	Times	3.56	5.91
PBDIT/Interest	Times	1.35	0.32

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

­In order to inform the investors about complexity of instruments, Acuité has categorized such instruments in three levels: Simple, Complex and Highly Complex. Acuite’s categorisation of the instruments across the three categories is based on factors like variability of the returns to the investors, uncertainty in cash flow patterns, number of counterparties and general understanding of the instrument by the market. It has to be understood that complexity is different from credit risk and even an instrument categorized as 'Simple' can carry high levels of risk. For more details, please refer Rating Criteria “Complexity Level Of Financial Instruments” on www.acuite.in.

Rating History

Date Name of Instruments/Facilities Term Amount (Rs. Cr) Rating/Outlook 30 Apr 2025 Bank Guarantee (BLR) Short Term 15.99 ACUITE A4 (Reaffirmed) Term Loan Long Term 94.50 ACUITE BB- | Stable (Reaffirmed) Secured Overdraft Long Term 4.48 ACUITE BB- | Stable (Reaffirmed) Proposed Long Term Bank Facility Long Term 34.17 ACUITE BB- | Stable (Reaffirmed) Term Loan Long Term 12.37 ACUITE BB- | Stable (Reaffirmed) Secured Overdraft Long Term 11.69 ACUITE BB- | Stable (Reaffirmed) Term Loan Long Term 14.97 ACUITE BB- | Stable (Reaffirmed) Term Loan Long Term 156.83 ACUITE BB- | Stable (Reaffirmed) 28 Nov 2024 Bank Guarantee (BLR) Short Term 16.00 ACUITE A4 (Reaffirmed) Term Loan Long Term 97.00 ACUITE BB- | Stable (Upgraded from ACUITE B+ | Stable) Secured Overdraft Long Term 5.00 ACUITE BB- | Stable (Upgraded from ACUITE B+ | Stable) Term Loan Long Term 15.00 ACUITE BB- | Stable (Upgraded from ACUITE B+ | Stable) Proposed Long Term Bank Facility Long Term 26.00 ACUITE BB- | Stable (Upgraded from ACUITE B+ | Stable) Secured Overdraft Long Term 11.00 ACUITE BB- | Stable (Upgraded from ACUITE B+ | Stable) Term Loan Long Term 18.00 ACUITE BB- | Stable (Upgraded from ACUITE B+ | Stable) Term Loan Long Term 157.00 ACUITE BB- | Stable (Upgraded from ACUITE B+ | Stable) 12 Nov 2024 Bank Guarantee (BLR) Short Term 16.00 ACUITE A4 (Reaffirmed) Secured Overdraft Long Term 11.00 ACUITE B+ | Stable (Upgraded from ACUITE C) Term Loan Long Term 18.00 ACUITE B+ | Stable (Upgraded from ACUITE C) Term Loan Long Term 157.00 ACUITE B+ | Stable (Upgraded from ACUITE C) Term Loan Long Term 97.00 ACUITE B+ | Stable (Upgraded from ACUITE D) Secured Overdraft Long Term 5.00 ACUITE B+ | Stable (Upgraded from ACUITE D) Term Loan Long Term 15.00 ACUITE B+ | Stable (Upgraded from ACUITE C) Proposed Long Term Bank Facility Long Term 26.00 ACUITE B+ | Stable (Upgraded from ACUITE C) 11 Nov 2024 Bank Guarantee (BLR) Short Term 16.00 ACUITE A4 (Downgraded from ACUITE A4+) Term Loan Long Term 15.00 ACUITE C (Downgraded from ACUITE BB | Stable) Term Loan Long Term 157.00 ACUITE C (Downgraded from ACUITE BB | Stable) Term Loan Long Term 18.00 ACUITE C (Downgraded from ACUITE BB | Stable) Secured Overdraft Long Term 11.00 ACUITE C (Downgraded from ACUITE BB | Stable) Proposed Long Term Bank Facility Long Term 26.00 ACUITE C (Downgraded from ACUITE BB | Stable) Secured Overdraft Long Term 5.00 ACUITE D (Downgraded from ACUITE BB | Stable) Term Loan Long Term 97.00 ACUITE D (Downgraded from ACUITE BB | Stable) 04 Sep 2023 Bank Guarantee (BLR) Short Term 2.00 ACUITE A4+ (Reaffirmed) Secured Overdraft Long Term 13.00 ACUITE BB | Stable (Downgraded from ACUITE BB+ | Negative) Term Loan Long Term 49.50 ACUITE BB | Stable (Downgraded from ACUITE BB+ | Negative) Term Loan Long Term 157.00 ACUITE BB | Stable (Downgraded from ACUITE BB+ | Negative) Term Loan Long Term 100.00 ACUITE BB | Stable (Downgraded from ACUITE BB+ | Negative) Secured Overdraft Long Term 5.00 ACUITE BB | Stable (Downgraded from ACUITE BB+ | Negative) Term Loan Long Term 15.00 ACUITE BB | Stable (Downgraded from ACUITE BB+ | Negative) Proposed Long Term Bank Facility Long Term 3.50 ACUITE BB | Stable (Downgraded from ACUITE BB+ | Negative)

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Annexure - Details of instruments rated

Lender’s Name ISIN Facilities Date Of Issuance Coupon Rate Maturity Date Quantum (Rs. Cr.) Complexity Level Rating YES BANK LIMITED Not avl. / Not appl. Bank Guarantee (BLR) Not avl. / Not appl. Not avl. / Not appl. Not avl. / Not appl. 15.99 Simple ACUITE Not Applicable | Withdrawn Not Applicable Not avl. / Not appl. Proposed Long Term Bank Facility Not avl. / Not appl. Not avl. / Not appl. Not avl. / Not appl. 34.17 Simple ACUITE Not Applicable | Withdrawn YES BANK LIMITED Not avl. / Not appl. Secured Overdraft Not avl. / Not appl. Not avl. / Not appl. Not avl. / Not appl. 11.69 Simple ACUITE Not Applicable | Withdrawn Federal Bank Limited Not avl. / Not appl. Secured Overdraft Not avl. / Not appl. Not avl. / Not appl. Not avl. / Not appl. 4.48 Simple ACUITE Not Applicable | Withdrawn YES BANK LIMITED Not avl. / Not appl. Term Loan 30 Sep 2020 Not avl. / Not appl. 30 Apr 2033 12.37 Simple ACUITE Not Applicable | Withdrawn YES BANK LIMITED Not avl. / Not appl. Term Loan 22 Mar 2021 Not avl. / Not appl. 15 Jan 2026 14.97 Simple ACUITE Not Applicable | Withdrawn YES BANK LIMITED Not avl. / Not appl. Term Loan 27 Apr 2018 Not avl. / Not appl. 30 Apr 2033 156.83 Simple ACUITE Not Applicable | Withdrawn Federal Bank Limited Not avl. / Not appl. Term Loan 06 Sep 2021 Not avl. / Not appl. 30 Jun 2033 94.50 Simple ACUITE Not Applicable | Withdrawn

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Contacts

Mohit Jain Chief Analytical Officer - Rating Operations Ritika Lalwani Analyst - Rating Operations	Contact details exclusively for investors and lenders Mob: +91 8591310146 Email ID: analyticalsupport@acuite.in

About Acuité Ratings & Research

Acuité is a full-service Credit Rating Agency registered with the Securities & Exchange Board of India (SEBI). The company received RBI Accreditation as an External Credit Assessment Institution (ECAI) for Bank Loan Ratings under BASEL-II norms in the year 2012. Acuité has assigned ratings to various securities, debt instruments and bank facilities of entities spread across the country and across a wide cross section of industries. It has its Registered and Head Office in Kanjurmarg, Mumbai. Disclaimer: An Acuité rating does not constitute an audit of the rated entity and should not be treated as a recommendation or opinion that is intended to substitute for a financial adviser's or investor's independent assessment of whether to buy, sell or hold any security. Ratings assigned by Acuité are based on the data and information provided by the issuer and obtained from other reliable sources. Although reasonable care has been taken to ensure that the data and information is true, Acuité, in particular, makes no representation or warranty, expressed or implied with respect to the adequacy, accuracy or completeness of the information relied upon. Acuité is not responsible for any errors or omissions and especially states that it has no financial liability whatsoever for any direct, indirect or consequential loss of any kind, arising from the use of its ratings. Ratings assigned by Acuité are subject to a process of surveillance which may lead to a revision in ratings as and when the circumstances so warrant. Please visit our website (www.acuite.in) for the latest information on any instrument rated by Acuité. Please visit https://www.acuite.in/faqs.htm to refer FAQs on Credit Rating. Note: None of the Directors on the Board of Acuité Ratings & Research Limited are members of any rating committee and therefore do not participate in discussions regarding the rating of any entity.