Brickwork Ratings reaffirms the long term and short term ratings for the Bank Loan Facilities of Rs. 18.00 Crs. of Team Universal Infratech Pvt. Ltd. based on best available information, as the issuer did not cooperate.
Particulars| Facilities** | Amount (Rs.Crs.) | Tenure | Rating# | ||
|---|---|---|---|---|---|
| Previous | Present | Previous (15 Apr 2025) |
Present | ||
| Fund Based | 3.00 | 3.00 | Long Term |
BWR C
Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed |
BWR C
Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed |
| Non Fund Based | 15.00 | 15.00 | Short Term |
BWR A4
Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed |
BWR A4
Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed |
| Grand Total | 18.00 | 18.00 | (Rupees Eighteen Crores Only) | ||
Brickwork Ratings reaffirms the long-term and short-term ratings at BWR C/A4 for the Bank Loan Facilities of Rs. 18.00 Crs. of Team Universal Infratech Pvt Ltd and continues the ratings in the ISSUER NOT COOPERATING* category, based on the best available information, as the issuer did not cooperate.
The rating is due for review in April 2026. Brickwork Ratings (BWR) has consistently taken up with the Company to provide financial and operational information for the periodic monitoring and surveillance of the ratings. Despite BWR's best efforts to get at least the minimum required information for a review, the Company has not provided the same. The Company is irregular in the submission of the monthly No Default Statement (NDS) in deviation from the extant regulatory guidelines. Due to the continued lack of management cooperation and in the absence of adequate information from the Company, BWR is unable to assess its financial performance and its ability to service its debt and maintain a valid rating.
The lenders/investors may note to exercise due caution while using the above rating which mentions "Issuer Not Cooperating" since the rating lacks any projections or forward-looking component as it is arrived on the basis of the best available information without any management/banker's interaction.
LIMITATIONS OF THE RATINGInformation availability risk is a key factor in the assessment of credit risk as generally, non-cooperation by the rated entities to provide required information for a review of the assigned rating may also be accompanied by financial stress. Users of the credit rating should therefore take into account possible deterioration in the credit quality of the rated entity arising from its non-transparency withholding of information required for a review of the rating
ABOUT THE ENTITY| Macro Economic Indicator | Sector | Industry | Basic Industry |
|---|---|---|---|
| Industrials | Construction | Construction | Civil Construction |
Team Universal Infratech Pvt. Ltd. (TUIPL) has incorporated in the year 2008 by the promoters Mr Sanjay Agarwal, Mr Narendra Agarwal and Mr Sunny Sahni in Hyderabad.The company is engaged in the execution of civil construction contracts on Sub contract basis and and undertakes construction of roads, buildings, bridges, townships, etc as a principal contractor as well as on sub-contract basis. The construction activity is undertaken mainly for building, roads, bridges, townships, etc, on subcontract basis. The registered office of the company is located at Banjara hills, Hyderabad - Telangana.The current directors of the company are Mr. Sanjay Agarwal , Mr. Sunny Sahni & Mr. Narendra Kumar Agarwal.
Note: As per information available with BWR as at December 2018.
Please refer to the following link for the previous detailed rationale that captures the Key Financials Drivers and their Description, Liquidity Position. Rating Sensitivities, Key Financial Indicators. View Previous Document
| Creadit Rating Agency | Status and Reason for Non-Cooparation | Date of Press Release |
|---|---|---|
| ACUITE | Acuite has Reaffirmed the long-term rating to ACUITE C on the Rs.3.00 Cr. bank facilities and reaffirmed the short-term rating to ACUITE A4 on the Rs.15.00 Cr. bank facilities of Team Universal Infratech Private Limited (TUIPL). The rating continues to be flagged as Issuer NotCooperating and is based on the best available information. | 08Jul2025 |
N.A
RATING HISTORY FOR THE PREVIOUS THREE YEARS (including withdrawal and suspended)| Facilities | Current Rating (2026) | 2025 | 2024 | 2023 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Type | Tenure | Amount (Rs.Crs.) |
Rating | Date | Rating | Date | Rating | Date | Rating |
| Fund Based | LT | 3.00 |
BWR C
(Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed) |
15Apr2025 |
BWR C
(Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed) |
04Apr2024 |
BWR C
(Continues to be in ISSUER NOT COOPERATING* category/Downgraded) |
30Mar2023 |
BWR B- Stable
(Continues to be in ISSUER NOT COOPERATING* category/Downgraded) |
| Non Fund Based | ST | 15.00 |
BWR A4
(Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed) |
15Apr2025 |
BWR A4
(Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed) |
04Apr2024 |
BWR A4
(Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed) |
30Mar2023 |
BWR A4
(Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed) |
| Grand Total | 18.00 | (Rupees Eighteen Crores Only) | |||||||
| Analytical Contacts | |
|---|---|
|
Manvitha Ashok Ratings Analyst manvitha.a@brickworkratings.com |
Raghavendra Senior Manager - Ratings raghavendra.n@brickworkratings.com |
| 1-860-425-2742 | media@brickworkratings.com | |
| SL.No. | Name of the Bank/Lender | Type Of Facilities | Long Term(Rs.Crs.) | Short Term(Rs.Crs.) | Total(Rs.Crs.) | Complexity of the Instrument |
|---|---|---|---|---|---|---|
| 1 | Central Bank of India | Cash CreditSanctioned | 3.00 | _ | 3.00 | Simple## |
| 2 | Central Bank of India | Bank GuaranteeSanctioned | _ | 15.00 | 15.00 | Simple## |
| Total | 3.00 | 15.00 | 18.00 | |||
| TOTAL (Rupees Eighteen Crores Only) | ||||||
##BWR complexity levels are meant for educating investors. The BWR complexity levels are available at www.brickworkratings.com / download / ComplexityLevels.pdf. Investors queries can be sent to info@brickworkratings.com.
| Instrument | Issue Date | Amount (Rs.Crs) | Coupon Rate (%) | Maturity Date | ISIN Particulars | Complexity of the Instrument |
|---|---|---|---|---|---|---|
| Nil | Nil | Nil | Nil | Nil | Nil | Nil |
| Name of Entity | % Ownership | Extent of consolidation | Rationale for consolidation |
|---|---|---|---|
| Nil | Nil | Nil | Nil |
| Instrument / Activity | Regulator |
|---|---|
| Listed/Proposed to be listed bonds/debentures/preference share (all securities) | SEBI |
| Unlisted/Proposed to be unlisted Bonds/Debentures/ Preference share (all securities) | MCA |
| Listed PTCs / Securitisation Notes (originated by entities regulated by RBI) 1 | SEBI |
| Listed PTCs / Securitisation Notes (originated by entities not regulated by RBI) 1 | SEBI |
| Unlisted PTCs / Securitisation Notes (originated by entities regulated by RBI) 1 | RBI |
| Listed Commercial Paper and NCDs with original maturity less than 1 year | RBI |
| Unlisted Commercial Paper and NCDs with original maturity less than 1 year | RBI |
| Loan Facilities (Fund/Non-Fund Based) from Bank/NBFCs/NHB/FIs 2 | RBI |
| External Commercial Borrowings and other similar borrowings | RBI |
| Certificates of Deposit | RBI |
| Fixed Deposits raised by NBFC's, Banks, HFCs, Fis | RBI |
| Fixed Deposits raised by corporates other than NBFCs, Banks, HFCs, Fis | MCA |
| Inter Corporate Deposits/Loans extended by Corporates | MCA |
| Borrowing programme 3 | - |
| Issuer Ratings 4 | - |
| Credit Ratings for Capital Protection Oriented Schemes (by Mutal Funds and AIFs) | SEBI |
| Credit quality ratings (CQRs) for Mutual Fund Schemes and Schemes of AIFs | SEBI |
| Listed Security Receipts | SEBI |
| Unlisted Security Receipts | RBI |
| Independent Credit Evaluation (ICE) | RBI |
| Expected Loss Ratings (for Loan Facilities (Fund/Non-Fund Based) from Bank/NBFCs/NHB/Fis) | RBI |
| Expected Loss Ratings (Listed/Proposed to be listed bonds/debentures/preference share (all securities)) | SEBI |
| Expected Loss Ratings (Unlisted/Proposed to be unlisted Bonds/Debentures/ Preference share (all securities)) | MCA |
| Unlisted PTCs / Securitisation Notes (originated by entities not regulated by RBI) 1 | Investor-side Regulator such as IRDAI, PFRDA 5 |
| Monitoring Agency | SEBI |
| Research activities, incidental to rating, such as research for Economy, Industries and Companies 6 | NA |
About Brickwork Ratings
Brickwork Ratings (BWR), a Securities and Exchange Board of India [SEBI] registered Credit Rating Agency and accredited by Reserve Bank of India [RBI]. BWR is the 5th agency to get a credit rating registration in India in 2009 and its corporate office in Bengaluru. It has a country-wide presence with representatives in 150+ locations. Canara Bank is Brickwork’s strategic partner and promoter.
Brickwork offers credit ratings of Bank Loan, Non- convertible / convertible / partially convertible debentures and other capital market instruments and bonds, Commercial Paper, perpetual bonds, asset-backed and mortgage-backed securities, partial guarantees and other structured / credit enhanced debt instruments, Security Receipts, Securitisation Products, Municipal Bonds, etc. BWR has also rated NGOs, Educational Institutions, Hospitals, Urban Local Bodies and Municipal Corporations.
Nature of Ratings & Information: BWR ratings are opinions on the relative ability of an entity/instrument to meet its financial obligations and are based on information obtained from issuers and other sources believed to be reliable. BWR does not conduct audits, due diligence, or independent verification of such information and does not guarantee its accuracy, adequacy, or completeness.Ratings are current only as of the date of publication and may be revised based on new or unavailable information.
No Advice or Recommendation: Ratings, reports, and related communications are not investment advice and do not constitute recommendations to buy, sell, or hold securities, or to sanction, renew, or disburse credit facilities. They do not represent offers or solicitations for any transaction. Users must rely on their own independent judgment and professional advice. Access to or use of these materials does not create any client relationship with BWR.
Liability, Usage & Regulatory Framework: This content is published for the purpose of dissemination of information as required under applicable laws and regulations. BWR holds exclusive copyright over the content. It may be used with appropriate credit to BWR, provided that the content is not altered or modified in any way that could change its meaning or intent. BWR retains the exclusive right to distribute or share its rating rationales, directly or indirectly, through any print, digital, or electronic media. All reports are provided on an "as is" basis without warranties of any kind, express or implied, including but not limited to merchantability, fitness for a particular purpose, or non-infringement. BWR and its affiliates shall not be liable for any direct, indirect, incidental, or consequential losses or damages arising from the use of these reports. Ratings are subject to continuous surveillance and may be revised, suspended, or withdrawn at any time without notice. These reports are intended for use within India only. BWR operates under SEBI Regulations and Code of Conduct.
For more information on policies and ratings, please visit our www.brickworkratings.com