PBPL - What does PBPL stand for? The Free Dictionary
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PBPL, incorporated in 1968, is engaged in real estate activity with primary focus on residential segment.
PBPL posted total income of Rs.59 crore and a PAT of Rs.7 crore in H1FY11.
The revision in the outlook reflects expected deterioration in PBPL's financial risk profile, on account of the large debt funded capital expenditure of the company and its heightened working capital requirements.
The ratings reflect PBPL's established customer relationships, strong position in the bearings export market, and diversified revenue base.